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World class 1 bedroom condo for sale | Toul Kork (TK)

34 St 576, Phnom Penh, Cambodia

Features

  • 24 Hour Security
  • Air Conditioning
  • Backup generator
  • Balcony
  • CCTV security
  • Close to Aeon 2
  • Close to schools
  • Contemporary architecture
  • Elevator access
  • Fitness Centre
  • Fully furnished
  • Good ROI
  • Natural light
  • Off-street parking
  • Roof terrace
  • Swimming Pool

Details

This world class 1 bedroom condo in Toul Kork is now available for sale in a fast growing area of Phnom Penh.

The building designed and engineered by an award winning company with previous projects spanning Malaysia and Singapore stands 17 stories tall.

It is 10 mins to the airport, 5 minutes to AEON 2 and surrounded by schools, restaurants, supermarkets, sports clubs, coffee shops and entertainment venues.

Its unique interior, styled by experts, has charm and sophistication and equipped with quality fittings. Facilities include swimming pool, deck, gym and car elevator. Truly an international standard studio apartment!

  • Electricity: $0.30/kWh
  • Water: $10/month

Original ID: TK.AG2

Does this condo interest you?

Does this location or property type interest you? Send us a message by filling out the contact form below to schedule a FREE viewing. Abode Real Estate has an apartment, condo, office space for rent or for sale in Phnom Penh, Siem Reap, Kampot and Sihanoukville.

 

About Toul Kork:

Toul Kork (or TK) in the north west of Phnom Penh (above Russian Boulevard) is a very affluent area. Toul Kork (shortened to TK) literally means ‘ground hill’ in Khmer. It is located to the north of the city centre, including the areas around Boeung Kak Lake and the areas further to the west.

Not being in the city, TK is good for people wanting a quiet life. It has a mix of properties on wide roads, giving it a spacious suburban feel.

Now it has a more commercial feel, joining Tonle Bassac, Daun Penh and BKK. It now boasts an increased number of commercial activities and is a good housing option.

 

TK Development:

TK has many developments with supermarkets, hospitals, schools, restaurants and cafes. AEON Mall 2, the country’s 2nd international mall 15 minutes away.

There are many institutions and businesses in TK including RUPP, IFL, Institute of Technology, Pannasastra, Tax Dept and Ministry of Labour.

Despite many completed and ‘in construction’ high rises, villas and gated communities dominate the area. Wealthy Cambodian families like to live in or near TK. As affluence has grown, the area has seen an increase in retail shops.

TK Avenue and Phnom Penh City Centre Mall are 2 examples. The Boeung Kak and Camko City developments also feature large scale housing and commercial spaces.

South TK has mainly low rise properties mostly owned and occupied by locals.

 

Good guide to investing in Cambodia

Here is a good guide to investing in Cambodia that should steer you away from total financial disaster. The real estate market in Cambodia is extremely varied, more so than most countries, which can make investing either a smooth journey or a rocky one.

What separates a successful from unsuccessful investor is not pure luck, as many think, but the ability to recognise and avoid mistakes. Investing in Cambodia is no different, so here are some things to consider before you part with your hard earned cash.

Research

Having a deep wallet may help you in the short term. However, knowing where the market is now and where it is likely to go is part of a long-term strategy that will prove beneficial.

This is best attained by being aware of and finding more information on upcoming projects.

Short term gains may be made, but knowledge of the real time investment climate will more likely provide better long-term options for you.

Large upcoming infrastructure projects – roads, rail, bridges, shopping centres, subdivisions – generally nudge property values and attract businesses that will generate better investment options.

It is wise to undertake a feasibility study of your own, supported with information gleaned from professionals with a finger on the foreign investment in Cambodia pulse.

READ MORE

 

Innovative Cambodia my 2nd home program

Cambodia my 2nd home (CM2H) is an innovative initiative recently launched by KHCA (Khmer Home Charity Association) in association with the Ministry of Interior (MOI).

Its aim is to help foreign nationals enjoy a series of measures to facilitate living and business in Cambodia.

Benefits for participants in the Cambodia my 2nd home program include – a 10 year unlimited entry / exit visa and, after 5 years, they are eligible to apply for a Cambodian passport and enjoy the advantages of the ASEAN network.

READ MORE

 

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  • ID: 8155
  • Published: July 12, 2022
  • Last Update: August 17, 2022
  • Views: 1396
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