City centre designer 2-bedroom duplex apartment for sale | Central Phnom Penh 7 Makara

No. 114, មហាវិថី សាធារណរដ្ឋឆែក (169), ខាងជើង វិទ្យាល័យបាក់ទូក, មជ្ឈមណ្ឌលពាណិជ្ជកម្ម ឌីឡេណូ, ជាន់ទី 2, Phnom Penh, Cambodia

Features

  • Air Conditioning
  • Balcony
  • City views
  • EDC and Water State rates
  • Fully furnished
  • Good ROI
  • High ceilings
  • Hot water
  • Large open plan spaces
  • Natural light
  • Near CBD
  • Near Central Market
  • Near French Embassy
  • North facing
  • Parking nearby
  • TV Cable
  • Washing machine
  • WiFi

Details

This 2-bedroom designer duplex apartment is now available for sale in city centre of Phnom Penh in Prampi (7) Makara.

It features 2 bedrooms (both with en-suite and external windows), an additional bathroom, cathedral ceiling with floor-to-ceiling window and a large balcony overlooking Kampuchea Krom Boulevard.

Apartment features:

  • Third (top) floor 
  • Working space on the mezzanine floor
  • Plenty of natural light with floor-to-ceiling window
  • Western-style kitchen
  • Large, bright and comfortable living area
  • Five minutes’ walk to Central and Orussey markets
  • Kampuchea Krom Boulevard
  • Close proximity to shops and eating houses
  • Good R.O.I.
  • Soft title

Original ID: MAK.C2

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

 

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. 

READ ON

Innovative Cambodia my 2nd home program

Cambodia my 2nd home (CM2H) is an innovative initiative recently launched by KHCA (Khmer Home Charity Association) in association with the Ministry of Interior (MOI).

Its aim is to help foreign nationals enjoy a series of measures to facilitate living and business in Cambodia.

Benefits for participants in the Cambodia my 2nd home program include – a 10 year unlimited entry / exit visa and, after 5 years, they are eligible to apply for a Cambodian passport and enjoy the advantages of the ASEAN network. READ ON

 

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