Price of rice-growing land
Posted: Thu Aug 23, 2018 4:30 pm
I want to know how much (in rough figures) would be a fair price for 100m x 100m plot of land, good productivity, in Prey Veng.
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OK, assuming no Chinese, no value as a building plot but good quality rice-growing land. Thanks.PSD-Kiwi wrote: ↑Thu Aug 23, 2018 5:19 pm Price depends on what neighbouring/village plots have recently sold for...could be anywhere from 50c m² up to a few hundy per m²...there are too many variables in asking how much the price of land is in a province that covers 4,883 km². If Chinese investors have been spotted scouting the area, then the prices will be sky-high.
So that's half hectare. 2 crops per year. How much value in rice per year?phuketrichard wrote: ↑Thu Aug 23, 2018 6:23 pm I paid 6,000 for 5,000 sg m ONLY rice growing, no trees, already producing rice. 5kms before Savy Rieng town about 5 1/2 years ago. Been offered $10,000 for it.
What ever you are offering and the seller excerpts.armchairlawyer wrote: ↑Thu Aug 23, 2018 5:38 pmOK, assuming no Chinese, no value as a building plot but good quality rice-growing land. Thanks.PSD-Kiwi wrote: ↑Thu Aug 23, 2018 5:19 pm Price depends on what neighbouring/village plots have recently sold for...could be anywhere from 50c m² up to a few hundy per m²...there are too many variables in asking how much the price of land is in a province that covers 4,883 km². If Chinese investors have been spotted scouting the area, then the prices will be sky-high.
Growing rice is a mug's game. Any other cash crop would be better. I think it was this year's harvest where the government had to lend everyone money from farmers to millers. If you can get the grass and the initial upfront cash then beef cattle would be the mack daddy. You could probably just poly-tunnel veg, though, too.AndyKK wrote: ↑Thu Aug 23, 2018 6:30 pmSo that's half hectare. 2 crops per year. How much value in rice per year?phuketrichard wrote: ↑Thu Aug 23, 2018 6:23 pm I paid 6,000 for 5,000 sg m ONLY rice growing, no trees, already producing rice. 5kms before Savy Rieng town about 5 1/2 years ago. Been offered $10,000 for it.