Saturday, February 23, 2008

Phnom Penh residents hold off developers

22/02/2008
ABC Radio Australia

In a stand off with Cambodian authorities, a number of residents in a Phnom Penh suburb are refusing to make way for developers.

A few dozen families are refusing to leave their homes in the suburb of Dey Krahom, despite a multi-million-dollar development scheme.

Cambodia is in the midst of a building boom that has caused land prices to skyrocket across the country.

A Dey Krahom resident, Keo Navann, says those who are refusing to leave just want a fair price for their land.

She says developers are offering some people $US4,300 for their land, but then sell it for $3,000 a square metre.

Their standoff with authorities is just one of many increasingly violent conflicts over land in Cambodia that has seen dozens killed and tens of thousands evicted from their homes over the past few years.

5 comments:

Anonymous said...

Not to defend the developer but the sales price of $3000 per sqm is a myth in that area. The lady was just quoting inflated hearsay. Undeveloped land there sells in the range $100 - $125 per sqm, maybe a little more depending on the location. So how big is the lot? 4 by 6 or 8 or 10 m, that is not more 40 sqm. In that case the owner is getting a fair shake. The developer needs to drain it, fill it up with dirt, level it, etc. This report is incendiary with the scant details it gives. He is just buying up small individual lots into one big one for development. That's the way things work.

Anonymous said...

wrong 3:11m,

Your assessment is way off and outdated. Not to defending you, the developer and the Cambodian government, the poor has the rights to demand any prices they wanted since it is their land. If the developer does not want to pay it's up to them. It is the free market economy of supply and demand but it does not give the developer or the government any rights to kick them out of their land; just because you want to develop the area. Yes they are poor and weak but it does not mean the developer and the government can do whatever they want to them.

Anonymous said...

I agree with 4:39am that 3:11am assessment was completely wrong and outdated.

It’s very sad to hear such things and yet they are all true in Cambodia. The governments, high ranking government’s officials can do what ever they wish, true freedom to those who are in power or have close connection with those in high ranking government’s officials, CPP.
These forced evictions are becoming a daily practice by the CPP as the country continues to develop. It hurts the poor and the weak because with the money they received for their property will not be enough to relocate them; therefore, those that have been forcedly evicted must be in serious pain and suffering. With today's market prices for land in Cambodia, the money they received for their land will not be able to buy them the life style, land, and home as they once had.

Anonymous said...

Listen you guys, I am in the real estate market in Phnom Penh. Who are you to say living abroad.

Anonymous said...

9:22PM, you must read 2:12PM once more so you can understand better. Do not jump to the conclusion. I agree with 9:22PM, my mother in law live in Battambang (water district) and she is about to be forced out of her house with small compensation. Money recieved from gorv. is not enough for her to purcahse land anywhere else. She is in painfull situation.