Toul Kork district is quickly becoming an extension of the capital’s CBD. Often referred to as a “suburb,” this area focuses on family residences as well as business and retail. Buyers are flocking there for affordability, convenience and security. The area is projected to triple in size over the next decade.
This guide will show you what Toul Kork district has to offer. We’ll touch on average prices in the area and show you all the amenities. Also, we will try to predict where the neighbourhood is headed over the next few years.
Where is Toul Kork?
Toul Kork is a district in the northwest of Phnom Penh. In past years it was mostly undeveloped and looked more like the Cambodia countryside than the capital city. As the city expands, however, Toul Kork is modernising at an incredible rate.
In particular, the area has seen many mixed-use projects pop up over the past few years. The Gateway, TK Avenue and Phnom Penh City Center (PPCC) are just a few.
Of course, we can’t forget about Aeon 2. The second outlet of the country’s most popular mall is right down the road in Sen Sok district. Sen Sok and Toul Kork are very much connected. They have similar trajectories as well.
Toul Kork plot land
Phnom Penh is developing and pushing outward from the centre. Because of this expansion, many buyers want land in Toul Kork. According to yearly numbers from Key Real Estate, land prices off smaller roads can average as low as $1,700 per square metre.
In high-traffic areas, however, land can go for over $5,000 per square metre. This might seem high, but it’s still less than half of what some plots are going for in nearby Daun Penh district.
Cost of living in Toul Kork
Similar to land prices, rents are still low in Toul Kork compared to elsewhere in the city. Modest rooms can start at just $300 per month. Places with more rooms, near to main roads can go for up to $2,000 per month.
The district average for one-bedroom apartments currently sits around $500 per month, $700 per month for a two-bedroom space and $1,000 for a three-bedroom unit.
Serviced apartments with full amenities will, on average, be slightly more expensive than traditional counterparts.
Types of Toul Kork real estate
Being one of the main areas of the city, Toul Kork has a healthy mix of housing types. You can find anything from traditional wood houses to high-end condos. If you’re not picky about what kind of housing you want you can start searching our listings for real estate for rent in Toul Kork or real estate for sale in Toul Kork.
Otherwise, keep reading to learn more about the different types. This section is a breakdown of all the types of real estate in Toul Kork district.
Condos in Toul Kork
If you’re keen on owning your own space, there are tons of condos in Toul Kork. It seems people expect prices to rise further in the future, so they are eager to own spaces.
On the other hand, renting a place is affordable as well. Because it’s away from the centre prices are lower, but you’re still connected.
Sorn Seap, the CEO of Key Real Estate, said the condo market is getting huge in Toul Kork. They could easily be broken down into three different tiers based on price, he said.
- Low-range condos are currently going for between $800 and $1,200 per square metre
- You can get mid-range places for between $1,200 and $3,000 per square metre.
- High-end condos sit at the top, going for over $3,000 per square met
If renting a high-end place is what you’re looking for, click over to our page for condos for rent in Toul Kork.
Toul Kork has affordable villas
It can be easier to find a villa on the market in Toul Kork than in other places in the capital. Just like elsewhere, however, they are becoming rarer and more expensive here.
Previously, villas could be rented in Toul Kork starting at just $500 a month. But prices are on the rise.
“Prices of villa houses have increased from 5%-10% year-on-year. Average prices of villas range from $700,000 to $4 million,” Seap said.
Boreys on the rise in Toul Kork
Just like in other areas of the city with more affordable land, boreys are popular in Toul Kork. Many boreys are marketed towards the low and middle portions of the real estate market. Since the property is affordable, this can be a good option for new homeowners.
Top new developments in Toul Kork
Toul Kork is closely connected to the city. It still offers tons of affordable space. It’s no surprise, then, that new developments have flocked to Toul Kork to build new residential and commercial complexes.
Currently, here are some of the top new developments in Toul Kork:
TK Royal One
TK Royal One is a mixed-use complex that sits right off Russian Boulevard. It offers up both residential condo units and office space as well as all the amenities you would expect from a building of this type. There’s a pool, gym, lounges and more.
Units here start at just under $200,000. You can also rent for around $900 per month.
The Gateway, also located right along Russian Boulevard, is a complex that combines office space, retail space and residences. It’s made up of three towers, one for each function. The Gateway is geared toward the life of businesspeople. Units here range from one to three bedrooms and start at just over $160,000.
Transport in Toul Kork
Toul Kork district has some of the best new roads in the capital. Luckily, living there means you can quickly get to the centre of town and back home. Russian Boulevard cuts right through Toul Kork, and Mao Tse Tung Boulevard runs north to south.
Interestingly, going for a stroll or a bicycle ride is easy in Toul Kork. The smaller paved streets are easy to navigate.
Some complain that traffic can get congested on the main roads. However, more and more businesses are setting up headquarters in Toul Kork. For this reason, living here is becoming more and more.
Those who don’t own cars or motorbikes in Toul Kork use ride-hailing apps. Grab and Passapp are the big names in Cambodia.
Toul Kork schools
In addition to businesses, more and more schools are setting up shop in Toul Kork. Most international schools in Phnom Penh have a branch there. American Intercon, Western International, Golden Gate and Paragon International University all have schools in the area.
As far as higher education, the Institute of Foreign Languages, Paññāsāstra University of Cambodia (PUC) and the Royal University of Phnom Penh are all within a few kilometres.
Also, Northbridge International School, one of the most well-known schools in the country, is right around the corner.
For more info, click over to our full list of Phnom Penh international schools and universities. Or, zoom around the map below:
Toul Kork hospitals and clinics
You won’t find as many medical facilities in Toul Kork as you will in the central districts. Khema Clinic is relatively well known for its maternity facilities. On the public side, there is Preah Kossamak Hospital.
But if you want a more detailed look at medical facilities in Phnom Penh, move over to our complete list of Phnom Penh hospitals, clinics and pharmacies. There we’ve got the info on all the best spots you should know.
Food, shopping and nightlife in Toul Kork
As the population grows, more and more restaurants, shops and entertainment centres are showing up in Toul Kork. There is, of course, TK Avenue. It boasts a cinema, a huge supermarket, as well as tons of international brands for food and shopping.
Aeon 2 Sen Sok City is right down the street, as well. Nearly every major brand in the country has a shop there.
There is no shortage of cafes in Toul Kork. All the big names like Starbucks, Koi, Brown, Amazon and Chatime all have stores there. For our pick of the best coffee spots in the city read the article on the top 10 Phnom Penh cafes.
Food options are nearly limitless. Local restaurants are on almost every road. Tons of international options are there too. It has some of the most Korean restaurants in the city. Seoul Myeon Ok Restaurant and Dae Jang Geum are a couple of the big names.
There’s Chinese and Japanese food, too. Try Dim Sum Emperors or Ajisen Ramen. And if you’re craving something American, there’s even a Burger King.
What’s the nightlife like in Toul Kork?
Though known to be a quiet area, Toul Kork has plenty of places to wind down after a hard day’s work. If you want to go out for some fun, karaoke, food, and good company, you can go to the numerous KTV bars and restaurants located here.
You can choose between the Romantic KTV, M2 Restaurant & KTV, Moonlight Restaurant & KTV, and many others.
If you’re looking for dance parties, there’s also the Egypt Nightclub on St. 112 in Boeung Kok II. It has an ample dance floor, good local songs playing, food, and drinks. It’s open from 8:00 pm to 5:00 am.
Everyday needs while living in Toul Kork
Toul Kork has one primary traditional market just north of Russian Boulevard and several other small wet markets such as the Daem Kor Market, the Neak Meas Market, and the Phsar Plaecher. You never have to travel far if you want fresh produce and everyday goods.
There’s also Thai Huot and Lucky supermarkets for more Western-style shopping.
One of the biggest shopping centres in the area is TK Avenue. It boasts tons of shops, a cinema, and restaurants.
Is Toul Kork suburb or centre?
Sure, Toul Kork is more family-focused than the rest of Phnom Penh. And it’s a place where more affluent families are choosing to buy land, homes and condos.
Given how fast the neighbourhood is growing, however, it might soon be considered the heart of Phnom Penh. So, let us know what you think: Is Toul Kork a suburb or is it becoming part of the city centre?
Did you find this guide useful? Check out all our other location profiles for all areas of the capital and across the country.
Or, if you're interested in business in Cambodia, read through our Investment Guide 2019.