Apartments and homes for rent in 7 Makara, Phnom Penh
Prampi Makara or 7 Makara (7th January) was named after the day when Kampuchean Armed Forces and Vietnamese troops liberated the capital in 1979. It is literally the centre of Phnom Penh. A web of narrow streets with every shop imaginable, all seemingly headed towards Orussey Market. The real Phnom Penh, the beating heart, where shop owners and stall holders ply their trades. A look up and you will see the pre-Pol Pot face of the city: the Khmer take on Modernism.
The area
Prampi Makara is the smallest Khan in Phnom Penh. It is subdivided into 8 Sangkats and 33 Kroms (villages). It is only 2.2 km² and is one of the most densely populated areas in the city.
Here you can buy or rent living spaces for half the price of other areas. They will have character and the moment you step into the street, the city presents itself in its fullness. O'Russey Market watches over all – chaos by day, an eerie stillness by night. Barely 700m north are Vattanac and Canadia Towers, 400m southwest is Molyvann's Olympic Stadium and to the immediate south BKK 1 and east, Riverside.
- Northern Area (Near O'Russey Market & Russian Blvd): Features shop-front style housing, local vendor streets, and high-density cafes or fast-food joints catering to university students from nearby campuses like the Institute of Foreign Languages (IFL).
- Central & Southern Areas (Veal Vong, Boeung Prolit): Features traditional shophouses, villas, office buildings like VTrust Tower, and rising modern condo developments like The Skyline and Olympia City.
- General Vibe: More reserved at night compared to Riverside or BKK1, offering an authentic local Cambodian community feel while sitting just 5 minutes away via tuk-tuk from major entertainment and commercial districts.
Rental guide
Monthly rental prices in 7 Makara are generally lower than in Daun Penh or BKK1:
- Studios: $350 – $600 per month
- 1-Bedroom Apartments/Condos: $400 – $800/month
- 2-Bedroom Properties: $650 – $3,000/month (shop-front and shophouses range from $500 – $900/month)
- 3-Bedroom Units & Villas: $1,000 – $4,000/month (villas are around $1,500 – $3,000/month)
Sales guide
- Condominiums & Apartments: Median prices for local condos generally range from $75,000 to over $140,000 depending on size and furnishing. High-rise developments such as The Skyline offer foreign-ownership-eligible hard titles and developer financing options.
- Landed Property & Shophouses: Residential properties for sale range from $65,000 to $450,000, though some multi-story commercial shophouses surpass $1,000,000.
- Central residential locations yield around 5.5% to 8%, with some developments offering guaranteed rental returns (GRR) of 6% for a set period.
Find your home in 7 Makara
Browse our current 7 Makara listings below, or contact Abode Real Estate and we'll help you find the right property to buy or rent, whatever your budget and goals.
