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Check it out - Land For Sale in Takhmao

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Carson's picture
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Joined: 12-Sep-08
Posts: 52

Land for sale in Takhmao.

Takhmao is soon to be a satellite city of Phnom Penh. Currently I live in Takhmao and travel into Phnom Penh to work - it only takes a few minutes.

The land that is for sale is in a 'Boray' (an established community like Borey Chamkarmon). Because the Boray isn't fully inhabited yet, the land is still very cheap. My wife and I priced many other blocks of land in takhmao and all were asking REDICULOUS prices.

This Boray has a few blocks left for sale, and if you are interested, I will take you down and show you around.

The 'Villa blocks' 10x20 (we already bought 2 and are looking to buy a third) are going for less than 20K each.

All the land has been filled in and soon the owner of the Boray is going to put paved roads, a restaurant, and a gym. As soon as he starts developing it more, the prices will be shooting up.

So if you are interested in investing in a block of land, I strongly recommend you check the place out. All the other people I have taken there love the area, as it is flat and surrounded by trees, and not too far from the Takhmao city center.

If you would like to have a larger block, you can just buy 2 or 3 10x20 blocks together like we did.

If you need an architect, I also know a great Cambodian Architect who works for the government and can get everything processed and drawn up for you if you want to build on your block.

Call me on 012 27 27 54 for more information, or send me an email at carsonsharein [at] hotmail [dot] com

Anonymous
Anonymous's picture

Finally, a Real Estate listing that actually does NOT sound all that bad !

I agree, Takhmao is a lovely area and I always feel the tensions subside the moment I go over the bridge but be honest - that roundabout is a killer come peak hour !

The river front down there is glorious when everyone is out cruising and it is a great place to build a house and raise family. My mate bought riverfrontage down there for $12k 2 years ago and it is now worth 10x that.

If I wasn't overextended in Kep....maybe................

Is the power and water on ?

it

Carson's picture
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Joined: 12-Sep-08
Posts: 52

Yep, the water and power is nearby, so you can get easily when you want to build. This Boray isn't isolated by any means. And it's only 5min from the Riverside.

If anyone expats want to buy, they can buy it in my wife's name and then make a separate contract with us. Others are planning on doing that.

marklatham's picture
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Joined: 14-Nov-07
Posts: 733

I have been looking at blocks across the bassac river about 18 miles from takamao.
1500 sq meters on the river for $30,000 is starting to sound like good value compared to those takamao blocks.
I saw another one the other day near the ferry crossing,one hecatre of ancient longan forest,huge ancient trees for $20,000.
Only catch,down a track that may or may not be a road.

Carson's picture
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Joined: 12-Sep-08
Posts: 52

18 Miles from Takhmao? Sounds a bit far for me.

We plan to build and live on our block. Since I have to commute to PP for work Mon-Fri, I don't want to be travelling too far. Our area is way before Hun Sen's house, so it only takes about 30min from there to PP city center (depending on traffic at the Monivong Bridge! Although it will be much better when the new bridge is built). So if you are wanting residential property, you WILL NOT find anything cheaper than these (in the same area). EVERYTHING else we saw was DOUBLE or rediculous.

For anyone who hasn't been to Takhmao, check it out. We love it down there because it has big trees, a nice river front, etc.

If your goal is pure investment, you could buy farm land in far away places like what you mentioned. But that doesn't mean that you would make more profit than buying a smaller block closer to PP like Takhmao.
The problem with farm land is that it may not sell that easily (We know because we have farm land too). But Takhmao residential property will sell quicker and will increase to higher prices because people sell up in PP and move to the next best thing.
That is why there aren't many places for rent in Takhmao.

marklatham's picture
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Joined: 14-Nov-07
Posts: 733

I drove down route 21 again yesterday and counted four or five subdivisions on that road,which one is this.
Looking at the map road 21 has a direct route which is the road with hun sens house and another route which follows the river with a junction at rokha knos.
Has anyone ever done the riverside route?

Carson's picture
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Joined: 12-Sep-08
Posts: 52

I have been down that riverside route many times. It is called Svay Rlum. Although I have only followed it for about 5-10km past 'village 4'. It used to be a dusty red dirt road, but now they have sealed it quite a way.

There are blocks of land for sale out that way, but it starts getting too far to commute to PP for work - for me anyway. There are a few places along that road that you can catch a ferry over the the other side of the river or islands. Our blocks are on the road that connects the Prek Ho bridge with the road that runs to Hun Sen's house.

Simonw's picture
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Joined: 7-Apr-08
Posts: 51

You forgot to mention you know a really good foreign architect as well!! lol

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