The average price per square meter for real estate in BKK1, Phnom Penh, tends to be on the higher end compared to other areas in the city, reflecting its desirability and central location. 

Current Price Estimates

– Average Price Range: While specific figures can vary based on the type of property and its condition, recent data suggests that prices for residential properties in BKK1 typically range from $2,500 to $4,000 per square meter. This range can fluctuate depending on factors such as proximity to amenities and the overall quality of the property.

– Median Property Prices: According to listings, the median price for residential properties in BKK1 is around $220,000, with available properties ranging from approximately $121,620 to $650,000. The average floor area of these properties is about 85 square meters, which can help estimate average prices per square meter in practical terms.

BKK1’s real estate market is characterized by a mix of new developments and resale properties, with ongoing demand driven by a growing expatriate community and professionals seeking modern living spaces. As a result, property values have seen significant increases over recent years, indicating a strong investment potential in this vibrant district.

In summary, if you are looking to invest or purchase an apartment in BKK1, you can expect to pay an average price per square meter between $2,500 and $4,000, depending on various factors affecting the specific property.