- Air Conditioning
- EDC and Water State rates
- Fully furnished
- High ceilings
- Hot water
- Natural light
- Washing machine
This trendy 2 bedroom second floor duplex apartment is now available for sale in Boeung Prolit, central Phnom Penh (Prampi Makara).
Located in the centre of the city, paradoxically it is quiet, peaceful AND walking distance to shops and BKK 2.
Duplex apartment features:
- 2 large bedrooms bathed in natural light
- 3 modern bathrooms / WC
- Terrace on second floor connecting with master bedroom
- Master bedroom with large en-suite and walk-in wardrobe
- Flat screen TV
- Air-conditioning / hot water
- Oven, refrigerator and washing machine
- All closets are built-in
- Mini playground area just outside the apartment
- Secure off street parking for motos
- Located near Sihanouk Boulevard
- Soft Title
Property ID: BPL.A7a
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About 7 Makara
Prampi Makara (7th January) named after the day when the Kampuchean People’s Revolutionary Armed Forces and Vietnamese troops liberated the capital from the Khmer Rouge in 1979.
It is literally in the centre of Phnom Penh, a web of narrow streets with every shop imaginable, all seemingly headed towards Orussey Market. It is the real Phnom Penh, the beating heart, the raw flesh where shop owners and stall holder ply their trades. A look up and you will see the pre-Pol Pot face of the city: the Khmer take of Modernism.
Prampi Makara is also the smallest district in Phnom Penh. It is subdivided into 8 Sangkats – Monorom, Mittapheap, Veal Vong, Orussey I, Orussey II, Orussey III, Orussey IV and Boeung Prolit – and 33 Kroms. It has an area of 2.2 km² and in 1998 had 96,192 inhabitants, making it one of the most densely populated parts of the city.
And yet, it is often overlooked
Westerners tend to head towards Daun Penh or Chamkarmon as if nothing else matters. The Chinese appear only to want to be in BKK 1, in close proximity to Naga World. Both ends of the investor/renter spectrum look elsewhere.
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. Orussey Market watches over all – chaos by day, an eerie stillness by night. Barely 700m north are Vattanac and Canadia Towers, 400m south west is Molyvann’s Olympic Stadium and to the immediate south BKK 1 and east, Riverside.
It is all there… waiting.
Good guide to investing in Cambodia
Here is a good guide to investing in Cambodia that should steer you away from total financial disaster.
The real estate market in Cambodia is extremely varied, more so than most countries, which can make investing either a smooth journey or a rocky one.
What separates a successful from unsuccessful investor is not pure luck, as many think, but the ability to recognise and avoid mistakes.
Investing in Cambodia is no different, so here are some things to consider before you part with your hard-earned cash.
Post Covid, 2022 and a brave new normal
There is some doubt as to what a post Covid world will look like even though many say things will be back to a brave new ‘normal’ by the end of 2022.
It is widely known that the pandemic changed consumer behavior and spending habits enormously.
The suspension of regional and international travel, for instance, directly impacted retail, tourism and hospitality sectors across the globe.
This led to a rise in online shopping and entertainment platforms and is likely to create long-term effects on retail markets and eventually real estate.
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- ID: 5914
- Published: August 11, 2022
- Last Update: September 10, 2022
- Views: 816