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Price of Land?

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jimmyboy

Most of the title in Cambodia is soft title. For a price like this it should not be of concern. When you consider the river frontage it is not overpriced.

 

River loam can be good to grow in, sand not so much but still possible with amendments and a good compost/mulching regime with inputs grown on site.

 

Interesting area! 

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phuketrichard

looks like a beautiful location,  will  that water level be affected by the new dams?

what did u pay for the 5,400 piece? whose name is it going in?

aquaponics is is good BUT who will u sell to<  imagine not many up there have extra $$ to spend

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andy

Richard and Jimmyboy, yes a very interesting and beautiful area of Cambodia! I do agree just now, off the beaten track.

Now I will unfold my story of the area - It is very rural, a fishing and farming community (rice, fruit and forestry). A mixture of Khmer and Laos people. Very little English spoken. But the main school has a Khmer English teacher. I have come across only three English speakers in the nearby community.

Has for "Poor" All over Cambodia, and SE Asia. Peasant farmers are unfortunately in this situation, depending on their crops outcome, most unwilling or unable to diverse and living day to day.

I have quoted before the nearest main market is a 45min boat ride 2500reil over to Laos. I came across a very busy Cambodian market, on the riverbank, it starts every day at 5am, and is finished with in a few hours. Here I was to meet one very clever business man! "Let me explain" The man in question had a team of young ladies working for him. The fishing community (mostly Laos) would arrive on the banks with their morning catch and set up stall on their small mats! The business man would quickly send in his girls to buy all the best fish! lots of haggling and bartering. He then would pack some of the fish on motos and sell them to local restaurants. Then the girls working for him would sit on the mats and sell the rest of the fish to the local community. At the end of the market he paid the girls for their work. He was to make a handsome profit.

Pork is well sort after, and sells at a good price of $4kilo. There was one seller! He put is full pig on a table. It was all to sell within 30 minutes.

 

So down to my business plan! Aquaponics based to rear Pigs and Tilapia fish. (I have explained in other posts about my past knowledge of fast feed animal methods). I have been able to source all the equipment and growing media and seeds locally, and in the nearest large towns.

Last week I went to view a newly constructed, large metal shed, with full concrete floor 6mtr x 12mtr. This would give me the capability of two concrete fish tanks of 3mtr x 3mter and four pig sty's of the same size. I like the idea of this method, due to cleanliness, good housing and animal welfare.

I would hope to sell the produce to locals and nearby business in the city's. I am a strong believer that your main customer are the people of the country you reside in.   

 

There is a few more things I have not talked about the area! One the community is talking about the electricity price to fall. The second change on the agenda, it is proposed to resurface the roads to the major nearby city's with tarmac surface within a year. I have seen some evidence of preparation of this taking place.

With Sopheakmit Waterfall being a little tourist attraction in the area. I have witnessed the busloads of western tourists visiting.

post-1230-0-39157400-1464077426_thumb.jpg 

Very good attraction and a first class restaurant.

post-1230-0-53640200-1464077411_thumb.jpg

But I think what is the main effects of change and money to the visiting attraction, is the new Chinese Casino being constructed. Plus the heavily vast planted forests in the area. Road links will be a must, and with Chinese money I think it will happen.

 

To answer your questions Richard. The land tittle deeds/papers will have to be in the GF name. 

For the larger plot of land I have paid $4700 (you may think a little over the odds) but with river bank on the rear, free water to shower, irrigate the plants and water the livestock, and new proposed tarmac road to the front.  I think good at less then $1.50 per square meter. I could also off-set this with the small plantation, producing fruit. I bought for $500 with soft tittle.

 

Has for the mighty Mekong! I think it is in the hands of the Chinese. People and wildlife depend on the flow of the river.

 

post-1230-0-99420500-1464076771_thumb.jpg

 

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 www.mekongpress.com/subregion/greater-mekong/damming-the-mekong

 

 

 

 

​

 

  â€‹

Edited by andy

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jimmyboy

Great looking spot. Wish my resources were greater.

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Parrothead

I am rethinking the fish I want to use, long term anyway. I will start out with Tilapia, because they are fast growing and reproducing. But, long term, definitely have to find a different fish. 

 

A kilo of Tilipia sell for 4,500r / Kilogram.

 

I am going to check the price of Cambodian Snakehead fish, and others, soon. 

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andy

Doesn't mean anything with out the size.

 

we ( gf and I ) own (her name)

a 3,000 sq meter piece of land in Svay Rieng province. grows rice,

cost me $5,500 3 years ago.

We also have a piece in Kep ( 25 meters x 6 meters ) that was $12,000, right on the main road between Kep and Kampot  about 4 kms from the crab market.

 

The land in the photo is scrub land in the middle of nowhere an should be very very low price.

Richard, I have found large variations in land prices all over the country! I suppose it boils down to the seller and buyer, like in our own countries. I was hoping to find a middle ground on price per meter.

Land title will always be in the gf/wife's name! we has foreigners can not own, unless we have citizenship. So in reality we are buying for their wellbeing.

I have visited Svay Rieng Province, to see my girlfriends in-laws. (they also farm rice and cattle) I do like the area very much, and can see the advantages of the main highway 1 too and from PP and Vietnam.

But the price you have paid for Paddy land at @$1.84 per square meter is a little high for our means.

Do you receive any income from the land? Has the price risen in the area since you have bought the land?

Paddy land varies so much in price around the country! I have seen your price and others paying up to $30per square meter.

Where I have bought the land. Over the road is Paddy land at $0.50 per square meter (people are building there! Would be a good investment). But I would not have the advantage of the river.

 

post-1230-0-35246200-1464104731_thumb.png

    

The land you have bought in Kep at $80 per square meter (building land seems to be at a premium). Is this land for investment? Is it taken care of? I ask this because anywhere in the world, if land is not tended it will become scrub land.      

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andy

I am rethinking the fish I want to use, long term anyway. I will start out with Tilapia, because they are fast growing and reproducing. But, long term, definitely have to find a different fish. 

 

A kilo of Tilipia sell for 4,500r / Kilogram.

 

I am going to check the price of Cambodian Snakehead fish, and others, soon. 

A friend of the gf's family bought two good fish (about 12" in length)  from the market on the bank of the Mekong, for $5

 

It is good to see your options Paul. Diversifying can be a good or bad move! You have quoted Tilapia are fast growing, and easy reproducing, easy fish to sell over and over again. The local people like the fish, because of there nutritional value, and low cost.

Other fish may take longer to grow (and you will more then likely have to supplement their food). Adding more cost to you and the buyer.

 

There is also a lot of speculation on these posts, that Khmers have no money! They have money to buy food, but how much they are prepared to spend is another question.

What is true in Buddhism - is people of this faith - eat only to live, and not live to eat.   

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phuketrichard

Our land , since i brought it has produced 2 rice crops/year, enough for the whole family PLUS some to resell on.

We have been offered $10,000 for it this year ( not a bad increase).  IF i was there, i would plant trees and make a pond and build the house above it,  BUT for now, i far prefer Phuket

 

The land in Kep is investment, if u build a 2 story house u have sea views PLUS right on the main road,  Her sister owns the plot next to us.
 

 

There is also a lot of speculation on these posts, that Khmers have no money! They have money to buy food, but how much they are prepared to spend is another question.

 

from what i have seen "up country" where 70% live, the locals have NO DISPOSABLE income, ie they buy what they NEED to buy only,

if ur fish is 2,000 riel more than another's, urs wont sell

 

PS; they eat Tilapia fish cause it is the Cheapest source of protein. not cause they like it

If eels were cheaper  they would eat them

Edited by phuketrichard

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andy

That's a good, growing investment on the Paddy field. (you would expect in most countries, land prices to grow). But for yours to nearly double its price in 3 years! Seems like a good sound investment to me.

The Land you have also bought in Kep can only rise in price. Putting a property in this area should be able to warrant you a Hard tittle. (But I understand it comes to a 4% value cost). But this could wait. If you was to sell, it would be part the buyers expense.  

Good too to have family bordering, or on the land! So they can take care in your absents. No disputes over Soft tittle ownership.

The small plantation I have bought also borders the gf parents land.

I have bought the larger land off the local sangkat officer. So we would hope pretty safe. 

Richard I must say you have done your home work and planning very well.

 

I do agree with your statements regarding people will buy only what they "need." But up in this part of the country there are no Tilapia fish! People just fish the Mekong, and at a premium price. I have found food prices to be higher here then most of the places I have travelled in Cambodia.     

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andy

I am rethinking the fish I want to use, long term anyway. I will start out with Tilapia, because they are fast growing and reproducing. But, long term, definitely have to find a different fish. 

 

A kilo of Tilipia sell for 4,500r / Kilogram.

 

I am going to check the price of Cambodian Snakehead fish, and others, soon. 

Where did you get the price offered at 4.500reil? What weight was a single fish? Were the Tilapia alive or dead?

We had been round the markets this morning and could not find any less then $3 per kilo.

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