Stunning 3 bedroom duplex penthouse for rent | Russian Market

Details

This large and modern 4 bedroom duplex penthouse is now available for rent in a great location near Russian Hospital and Russian Market. It would suit a busy family or couple seeking luxury and comfort in the heart of the city.

Duplex penthouse features:

• Large master bedroom / 3 double bedrooms / 6 luxury bathrooms
• Large floor plan (380 sqm) on 11th and 12th floors
• Deposit 2 months (negotiable)
• Free Wi-Fi and water
• Secure free parking
• Maid service 1 x week
• Fully furnished including kitchenware
• Electricity: $0.25/kwH

Original ID: BTP.A3

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Does this location or property type interest you? Send us a message by filling out the contact form below to schedule a FREE viewing. Abode has apartments, condos, office spaces in Phnom Penh, Siem Reap, Kampot and Sihanoukville.

About Russian Market area:

The busy areas near Russian Market (Tuol Tompong and Boeung Tompong) are some of the best in Phnom Penh for tourists and locals alike. Its name harks back to the large Russian expat population back in the 1980s.

In the market, you will find many souvenirs like silk cloth and scarves from the provinces, stone carvings and other religious icons, western and local handbags and branded clothing from local factories. Further inside is an array of fresh food – fruit, veg, seafood and fish.

There are also items like lamps, wood carvings, fabrics and kitchen wares. At night there are many restaurants serving freshly grilled seafood.

Budget accommodation centres around the market and pagoda. Nearby you will find many retail outlets catering to foreigners like – Zando, Sundown, Brand Collection, Starbucks and Amazon Cafe.

On virtually every corner there is a pub or bar where you can find anything from cheap beer to high end wines and cocktails.

If you live around Russian Market, you will be close to everything.

Renting made easy

Phnom Penh real estate, especially the rental market, is not easy to navigate around as there’s a lot on offer and prices vary depending on where, when and what you are looking for. The city offers a range of properties, so it is important you know what is available.

Covid made things difficult for everyone and all over Phnom Penh, people started negotiating heavily. Although there is some residual goodwill, much has gone and prices are now close to pre-pandemic levels. Don’t expect real estate miracles any more!

There are essentially four types of rental options (Khmer style shop house, renovated shop house, western apartment, condo / serviced apartment) each with a distinct feature and price tag, depending on location… 

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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.

With some exceptions, retail supply growth is being largely driven by the popularity and growth of the Borey market, located in the outer suburbs of Phnom Penh.

Developers, driven by increased competition, are looking to provide a wider selection of major retail options and events as a selling point to attract property buyers.

As a result, shopping malls, retail plazas, and community malls are being incorporated into the broader design and construction of Borey and township projects.

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