The upcoming construction of the Cambodia-Korea Friendship Bridge, set to link Arey Ksat commune to Arey Ksat (northeastern Phnom Penh), is expected to greatly impact the local property market.
Arey Ksat is a newly established city in Kandal province, composed of 11 Sangkats including Bak Dav, Koh Oknha Tey, Prek Ampil, Prek Luong, Prek Takov, Svay Chrum (fomer communes of Ksach Kandal district), Arey Ksat, Sarika Keo, Peam Oknha Ong, Prek Kmeng, and Barong (former communes of Lvea Em district).
It's part of the government's plan to develop new urban centers outside of Phnom Penh. The city is strategically located near the Mekong River, and the government envisions it as a major economic hub, particularly in manufacturing and logistics.
Several factors make Arey Ksat a promising real estate destination. Strategically located just across the river from central Phnom Penh, it offers a quieter, greener living environment while remaining close to the city’s business districts.
A few years ago, property prices in Arey Ksat surged to record highs due to the anticipation of the bridge before the pandemic period. However, in recent years, the market has remained stable, with only minor price fluctuations. Although initial excitement about the bridge did not immediately lead to a property boom, experts believe this stability is temporary. Once construction progresses, demand for land and properties in the area is expected to rise steadily.
As an unprocessed diamond, Arey Ksat will become highly desirable once connected to Phnom Penh. Improved infrastructure typically leads to increased investor confidence, and the Arey Ksat area is no exception. As accessibility improves, more developers and homebuyers will see Arey Ksat as an attractive location, pushing up land prices and boosting new construction projects.
What makes the Arey Ksat bridge so significant?
Construction of the Cambodia-Korea Friendship Bridge, linking Arey Ksat town and Phnom Penh, is set to begin in the first half of 2025. Spanning 2,375 meters with a width of 27.5 meters, the bridge will link Phnom Penh's Night Market area to Arey Ksat, significantly reducing travel time and facilitating the movement of goods and services. One will connect the Night Market neighborhood to the Chroy Changvar area, while the other will run from Chroy Changvar to Arey Ksat.
This enhanced connectivity is expected to transform Arey Ksat into a desirable residential and commercial hub, attracting new residents and businesses to the area. The bridge will cut down travel time, making commuting easier and attracting both residents and businesses. Additionally, the area is already seeing improvements in roads, utilities, and public services, which will further support long-term growth.
As Arey Ksat undergoes this transformation, Realestate.com.kh is your ideal partner for navigating the local property market. With our extensive listings, expert market analysis, and dedicated team of professionals, we provide the insights and resources you need to make informed investment decisions. Whether you are looking to buy, sell, or rent property in Arey Ksat, Realestate.com.kh is here to assist you every step of the way.4
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