Kandal is a vast province that winds south of Phnom Penh and over the other side of the Tonle Sap and Mekong Basin.
Real estate options here have been buoyed recently by the development of the Bassac River Bridge, constructed via Anloung Chen Island in Kandal province.
The province of Kandal is steeped in ancient history.
Udong is one of the major attractions that sees a steady flow of tourism in the high season. It served as Cambodia’s capital between 1618 and 1866, under several sovereigns, and many kings were crowned here, including King Norodom Sihanouk.
Kandal is a vast province that winds south of Phnom Penh and over the other side of the Tonle Sap and Mekong Basin.
Real estate options here have been buoyed recently by the development of the Bassac River Bridge, constructed via Anloung Chen Island in Kandal province. The project is significant in linking the Kandal mainland to the outskirts of Phnom Penh in just a 1-kilometre bridge.
Real Estate across the river is naturally cheap as it is only accessible by boat. With the bridge almost under completion, we expect to see a massive upturn in people looking for more rural homes and only a potential 45-minute drive to work in central Phnom Penh.
We would expect land and houses in the surrounding areas near the bridge on both sides to come onto the market and quickly rise.
Situated only 30 minutes from the CBD in Phnom Penh are boats that take locals and tourists to two small islands.
These idyllic islands are famous for their silk and have a unique Silk Farm on Koh Oknha Tei, the smaller island. There is a thriving real estate market as continual murmurs about another bridge linking the two islands to the Phnom Penh mainland have been ongoing for years.
The boat journey between Koh Dach and the Phnom Penh mainland is only 8-minutes, and two boats continually work simultaneously, so getting into town does not take long.
Living on the Mekong on an island and still being in the centre of Phnom Penh in 30-40 minutes is quite an attraction for anyone.
We feel these islands and real estate near the Bassac River bridge will be a hotbed for value and options. Many houses, villas, and mansions are already on both Silk islands, with a new apartment complex being built on Koh Oknha Tei.
Lux is keeping a very close eye on proceedings as Kandal has enormous real estate potential for many residential and commercial projects in the next decade.
© 2023 - All Rights Reserved -
Lux Realty
