Tuol Kork on the rise

Tuol Kork district has been showing its potential through infrastructure development, and is changing from a residential into a commercial area, according to property experts. … Moreover, Tuol Kork will become a more central area because it is located in the middle of the old Phnom Penh and new satellite cities such as Camko and Grand Phnom Penh city, a process that will push land prices higher. They have already risen between 15 to 20 per cent in 2012 compared to last year.  … Bonna [director of Bonna Realty Group and president of Cambodian Valuers and Estate Agents Association] said land prices in commercial areas of Tuol Kork range from $800 to $1,500 per square meter  and in residential areas range from $600 to $1,000. …

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