Tuol Kork has emerged as an ideal choice for living and investment for many property seekers. According to realestate.com.kh’s internal data from the first quarter of this year, the district ranked among the top three preferred locations. But why is this location attractive to prospective buyers and renters?
This article provides an overview of Tuol Kork and its growing appeal for property investment.
‘Elites’ Preferred Neighborhood
The district is located in the northern part of the capital and it is well-known to be where Cambodia's elite reside. It has the reputation of being where governmental officials choose to live in Phnom Penh. Multiple villas and mansions can be seen throughout the neighbourhood as the area is a preferred choice for families. Residents of Tuol Kork seek a safer, quieter, and more residential atmosphere in contrast to the bustling downtown of Phnom Penh.
Well-Connected Area
The intersection of Street 598 and the Russian Federation Boulevard serves as the main gateway to Tuol Kork. The access roads are much bigger and wider as compared to other areas of the city. Within a few minutes of driving one can reach the communes of Russey Keo, Daun Penh, Chamkarmon, Mean Chey, and Sen Sok.
‘All Can Be Found’ in Tuol Kork
Fun Mall in Tuol Kork is where one can find an array of restaurants, and shops. (Credit Fun Mall)
When renters and buyers search for properties, a prime location typically includes well-rounded development and amenities. Tuol Kork continues to expand with new developments that are enhancing its appeal.
The district has a variety of restaurants, cafes, supermarkets, clothing stores, and entertainment places for all budgets. In the surroundings, residents enjoy proximity to popular shopping centres such as The Commune, TK Mall Avenue, and Fun Mall making it a convenient place to live and be entertained. Moreover, Tuol Kork provides easy access to AEON Mall 2, Makro two popular shopping centres in Sen Sok and the Phnom Penh International Airport.
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The district has a range of educational institutions such as international schools, the Royal University of Phnom Penh, the Institute of Foreign Languages, and the Institute of Technology of Cambodia, which makes it ideal for families.
Lastly, key governmental bodies such as the Ministries of Health and Ministry of Labour and Vocational Training along with several commercial businesses are situated along the main thoroughfares of Tuol Kork.
Labour and Vocational Training along with several commercial businesses are situated along the main thoroughfares of Tuol Kork.
New & Accessible Housing Options
Aerial view of Time Square 3 located in Tuol Kork
Tuol Kork is traditionally known for its landed properties, however, it is now seeing new development projects, particularly condominiums both already completed and under construction.
These modern residential options are becoming increasingly popular among local investors and international buyers. It offers practicality and often comes with a full range of amenities and services. Condominiums appeal to single individuals and young professionals and Cambodia has a young demographic. Moreover, expatriates living in the country tend to seek such living spaces. Whether it is for rental or purchase, condominium prices in Tuol Kork are more affordable which increases its accessibility to a wider audience.
Are you interested in investing or living in Tuol Kork? Our customer service team is ready to assist you. Contact Us via:
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