The real estate industry expects property prices in the Arey Ksat area to be further driven up by construction of a proposed bridge linking the locality across the Mekong River to northeastern Phnom Penh. This comes as a number of South Korean companies conduct feasibility studies for the project. Last year, the South Korean government decided to provide funding for construction of the bridge,...
The proposed construction of the Cambodia-Korea Friendship Bridge across the Mekong River connecting Phnom Penh to Arey Ksat by South Korea will witness a substantial hike in land price in the Arey Ksat area. Once completed this area will turn into a potential city. A report of the study on the construction of the Cambodia-Korea Friendship Bridge across the Mekong River connecting Phnom Penh to Arey Ksat...
Are you looking for the next great Phnom Penh real estate investment opportunity? You may want to take a close look at Arey Ksat. According to Global Real Estate Association president Sam Soknoeun “The Arey Ksat area is a potential area that should not be overlooked, because with a bridge across the river, it’d be like the Chroy Changvar area is now.” Further, Cambodian ambassador to South Korea Long...
The Ministry of Public Works and Transport said it is prioritising a second expressway project linking the capital of Phnom Penh to Bavet city in Svay Rieng province at the border with Vietnam. Minister of Public Works Sun Chanthol said that all infrastructure projects are proceeding as planned with no interruptions from the deadly Covid-19 pandemic during a meeting yesterday with American Chamber of...