Affordable housing / New development for Cambodia’s emerging middle class

Cambodia’s first planned neighbourhood of affordable homes creates a new model of community in greater Phnom Penh.

The national road to Takhmao is well-paved; lined with dozens of shops, restaurants and markets, it is frequented daily by motorcyclists, tuk tuk drivers, and commercial trucks alike. In between the local shops and stalls, long stretches of undeveloped land line the road, bought by developers – many encouraged by the announcement that a new Cambodian airport would soon be built nearby – with an eye on future large-scale development.

The land in this area now sells for upwards of $100 per square metre. And yet, spread across 20 hectares of it, a community of hundreds of low-income apartments is now taking shape – forming the Kingdom’s first modern-day affordable housing community.

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