Land prices in Arey Ksat have been steadily rising on the expectation that two planned bridges to connect the area will increase property values.

More certainty over the future construction of two Chinese-funded bridges to span the Mekong River has fuelled land speculation in Arey Ksat, a quiet agricultural community on the opposite bank of the river from Phnom Penh and the Chroy Changva Peninsula.

Real estate specialists say prices have been climbing steadily in the commune, with speculators picking up what they see as deeply undervalued land that will soar in price once bridges connect it to the capital.

“The key ingredient driving the purchase and sale of properties in Arey Ksat is the construction of two new bridges,” said Dith Channa, CEO of Lucky Realty Co Ltd.http://www.phnompenhpost.com/supplements-post-property/bridge-plans-steadily-driving-land-prices-arey-ksat