The Top Commercial Properties in Kandal
The province of Kandal, located just outside of Phnom Penh in Cambodia, has seen significant development in the commercial property sector. With its strategic location and growing economy, Kandal offers numerous opportunities for investors and business owners. Below, we explore some of the top commercial properties in Kandal that have caught the attention of stakeholders and entrepreneurs alike.
1. Borey Angkor
Borey Angkor is one of the leading residential and commercial development projects in Kandal. This mixed-use property features retail shops, restaurants, and offices, making it a hub for business activities. The design of Borey Angkor incorporates modern aesthetics with functional spaces, catering to both residential and commercial needs. Investors are drawn to this property due to its prime location near major transportation routes and the rapidly expanding population of the area.
2. Diamond Island City
Although often associated with Phnom Penh, Diamond Island City also extends into parts of Kandal. This large-scale development incorporates residential, commercial, and recreational spaces, enhancing its appeal to businesses looking for a prestigious address. The property features high-end retail outlets and spacious offices that attract premium brands seeking to establish a foothold in the region. With scenic views and waterfront access, it provides a unique environment for work and leisure.
3. Chip Mong Mall
Located at the heart of Kandal, Chip Mong Mall is a multi-functional retail complex that has quickly become a shopping destination for both locals and expats. The mall hosts a variety of stores, dining options, and entertainment facilities, making it a significant commercial property in the area. Its strategic location on a main thoroughfare ensures high visibility and foot traffic, which is vital for retail success.
4. Aeon Mall Kandal
As the latest addition to the Aeon Mall franchise, Aeon Mall Kandal is designed to offer a diverse shopping experience. Featuring international brands and local boutiques, this mall caters to a wide demographic. Its vast parking space and easy access from major roads make it an attractive destination for shoppers. The well-planned layout enhances customer experience, promoting longer visits and increased spending.
5. Factory and Industrial Parks
Kandal’s strategic location near the capital makes it an appealing site for factory and industrial developments. Numerous industrial parks are emerging, providing essential infrastructure and utilities required for manufacturing and processing businesses. Properties like the Phnom Penh Special Economic Zone (PPSEZ) offer businesses attractive incentives, such as tax breaks and simplified regulations, to stimulate investment. This sector is vital for the region's economic growth and employment opportunities.
6. Office Buildings in Takhmao
The suburban town of Takhmao in Kandal is becoming a key area for office developments. Several modern office complexes are under construction, promising state-of-the-art facilities and flexible leasing options. These properties are particularly appealing to startups and small businesses seeking cost-effective workspaces while being close to the capital. The growing demand for professional services in the region bodes well for these office properties.
In summary, Kandal is emerging as a significant player in the Cambodian commercial real estate market. From high-end malls to industrial parks and versatile office spaces, the diversity of commercial properties reflects the region’s dynamic economic growth. With ongoing developments and a strategic location, Kandal presents a wealth of opportunities for businesses looking to establish a presence in Cambodia.
