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Now for sale, Abode Real Estate is proud to offer the lucky buyer this prime land parcel that is truly ripe for development in Prek Pnov near AEON 2.

The area currently being developed at a fast rate and this 2.3 hectare block with good access to Kandal Province and National Road 5 has good potential, especially at a sales price of $600/metre (was $800).

Land is being sold nearby for $1000/metre, so jump in quick to enjoy 20% off market rate.

Further information and copies of the title are available for serious buyers.

RARE INVESTMENT OPPORTUNITY

Original ID: PP.A2

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We have apartments, condos, office spaces, land for rent or for sale in Phnom Penh, Siem Reap, Kampot and Sihanoukville.

About Sen Sok:

Sen Sok district was formerly part of Kandal province but was absorbed into Phnom Penh’s expansion.

Sen Sok was also created through the merger of three Sangkats (Khmuonh, Phnom Penh Thmei and Tuek Thla).

The area is home to about 10% of the city’s population, located in the northwest which is a fast-growing region of development.

In the last few years, there have been many high-profile projects with the addition of AEON Mall 2, Global House and Makro and a plethora of mixed development projects and boreys.

About Toul Kork

Toul Kork (or TK as it is locally known) lies in the north and northwest of Phnom Penh cut by Russian Boulevard from the CBD.

Now its northern area is far more affluent houses similarly priced to those in town.

Toul Kork (shortened to TK) literally means ‘ground hill’ in Khmer.

It is located to the north of the city centre, including the areas around Boeung Kak Lake and the areas further to the west.

Not being in the city, TK is good for people wanting a quiet life.

It has a mix of properties on wide roads, giving it a spacious suburban feel.

Now it has a more commercial feel, joining Tonle Bassac, Daun Penh and BKK and now boasts an increased number of commercial activities and is a good housing option.

TK Development

TK has many developments including condos, boreys, supermarkets, hospitals, schools, restaurants and coffee shops.

This makes it one of the best places to live in Phnom Penh, with AEON Mall 2, the country’s 2nd international mall 15 minutes away.

There are many institutions and businesses in TK including RUPP, IFL, Institute of Technology, Pannasastra, Tax Dept and Ministry of Labour.

Despite many completed and ‘in construction’ high rises, villas and gated communities dominate the area.

Wealthy Cambodian families like to live in or near TK. As affluence has grown, the area has birthed many retail shops.

TK Avenue (the first international style complex) and Phnom Penh City Centre Mall are 2 examples. Boeung Kak and Camko City

Good guide to investing

Here is a good guide to investing in Cambodia that should steer you away from total financial disaster.

The real estate market in Cambodia is extremely varied, more so than most countries, which can make investing either a smooth journey or a rocky one.

What separates a successful from unsuccessful investor is not pure luck, as many think, but the ability to recognise and avoid mistakes.

Investing in Cambodia is no different, so here are some things to consider before you part with your hard earned cash.

READ MORE

Innovative Cambodia my 2nd home program

Cambodia my 2^nd home (CM2H) is an innovative initiative recently launched by KHCA (Khmer Home Charity Association) in association with the Ministry of Interior (MOI).

Its aim is to help foreign nationals enjoy a series of measures to facilitate living and business in Cambodia.

Benefits for participants  include – a 10 year unlimited entry / exit visa and, after 5 years, then eligible to apply for a Cambodian passport and enjoy the advantages of the ASEAN network.

READ MORE

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