Superior quality 3-bedroom apartment for sale BKK 1 | central Phnom Penh

Details

This luxury 3-bedroom serviced apartment is now available for sale, conveniently located in BKK 1 offering a secure and stylish environment with swimming pool, gym, on-site supermarket and off-street parking for your convenience.

This particular apartment benefits from an open plan lounge-dining room design and fully equipped separate kitchen leading out to a good-sized balcony.

The master bedroom is spacious and fitted out with lots of cupboard space and an en-suite bathroom.

The second bedroom also has a modernised en-suite bathroom.

The apartment complex has a fully equipped gym, adult and children’s swimming pool and plenty of parking.

The property comes with a hard (strata title) that is foreigner-friendly.

Luxury apartment features

• Fully and tastefully furnished
• Air-conditioning/hot water throughout
• Refrigerator, washing machine, wall oven and dishwasher
• Secure moto and car parking
• 24-hour security and reception
• Swimming pool and fitness centre
• Monthly fees (management) $236
• Good ROI (5%+)
• Hard title

Original ID: BKK1.J5

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We also have apartments, condos, office spaces for rent or for sale in Phnom Penh, Siem Reap, Kampot and Sihanoukville.

BKK 1

Boeung Keng Kang (BKK) 1 bordered by Sihanouk, Norodom, Mao Tse Tung and Monivong Boulevards is a popular area.

It is the centre of Phnom Penh for its banks, hotels, restaurants, shops and bars. It is the place for business deals and seen as the ‘foreign capital’ for its cosmopolitan nature.

Here are the embassies of Switzerland, Bulgaria, Brunei and Sweden and various NGOs and international companies.

BKK also has many schools offering world class education.

BKK 1 is pricey, but attractive for business on streets 278, 282, 63 and 51. Apartments and hotels are in the mid to upper range due to location and quality.

BKK market is located offers a range of goods including fresh food, clothes, jewelry, money exchanges and household goods.

Augmenting the market is a wide selection of international F + B options including coffee shops and bakeries.

After dark the streets are alive with bars, clubs, hotel rooftops and restaurants open for punters.

Things are pricier but you won’t want for much more. BKK has pretty much everything.

Bassac Lane

Despite the widespread devastation of the hospitality industry by COVID-19, one precinct in Phnom Penh seems to be defying all odds and operating almost Business as Usual.

In the leafy backstreets of Tonle Bassac are bustling Bassac Lane, St 308 and St 21.

There you will find small, high-end bars and restaurants that will soon be surrounded by new condos and more night venues.

COVID-19 did slow business in Bassac Lane area for a while, but it bounced back and now on weekends, the night air is filled with music and laughter as people return to their old habits.

Bassac Lane is now so full of bars and hole-in-the-wall venues, that new venues are spilling into Street 308 and Street 21.

Because land prices in Bassac Lane are 10-20% less than BKK 1, prices are cheaper all round.

Prices of food and beverages are comparatively cheap. You can find a bar selling cocktails at $3, draught beer at $1 and meals from $5.

Amidst the general activity, there is a sense of optimism despite the tight border controls keeping tourist numbers down.

Instead of going to the usual haunts on Street 136 and Pub Street hard hit by the pandemic, check out Bassac Lane where the night lights are a little bit brighter.

Major retail to dominate city by 2025

According to a recent report, major retail spaces in the city of Phnom Penh are expected to dominate, growing to just under 1M sqm by 2025 across 62 shopping destinations.

This phenomenon is driven by the now global expectation of the youth generation (Gen Z and Millennials).

Quite simply, they want more and better shopping. They also want a wide range of entertainment options under one safe and comfortable air-conditioned roof.

They differ from previous generations in that they consider the journey to be as important as the destination.

If not, more. Shopping isn’t just about buying stuff, it’s about meeting friends and sharing experiences.

More and more, we are witness to product launches, fashion shows, dance and singing competitions (the list goes on) offered as extras to the shopping environment.

This is changing the major retail landscape in most cities across the globe… and now Phnom Penh.

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