Kandal property bought up before bridge announcement

Property investors with inside information may have bought up land across the Mekong River in Kandal province before the announcement of new bridges, a real estate agent claims.

Land in areas like Akrei Khsatr commune in Kandal’s Lvea Em district is set to become more valuable after this week’s announcement that the government has approved construction of two new bridges from the Chroy Changvar peninsula and Phnom Penh’s Chbar Ampov district. Access currently is only by ferry. …

Siv Meng and Vandy Muong
http://www.phnompenhpost.com/post-weekend/kandal-property-bought-bridge-announcement