Enormous Riverfront apartment with generous private terrace for sale | Daun Penh Riverside

23 Krala Haom Kong St. (118), Phnom Penh, Cambodia

Properties (847)

Apartment / flathouse (583)

Phnom Penh (581)

Enormous Riverfront apartment with generous private terrace for sale | Daun Penh Riverside

$450,000

+85517400700

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Property type: Apartment / flathouse
Offer type: For Sale
City: Phnom Penh
Neighborhood: Daun Penh , Riverside
Original Property ID: DP2.O8
Bedrooms: 2
Bathrooms: 2
Property size: 180 m²

Features

Air Conditioning
Balconies
Ceiling fans
Close to Aeon 1
Close to French Embassy
Development potential
East-facing
EDC and Water State rates
Fully furnished
Good ROI
hard title
High ceilings
Natural light
Parking nearby
Tourism location

Details

Enormous riverfront 2-bedroom apartment with an unusually large private terrace is now available for sale with panoramic river views (perfect for the River Festival) and a generous open living and dining area.

The property includes two self-contained apartments with secure access from a well-maintained stairwell.

Both properties have been looked after well and promise good experiences to the new owner.

Riverfront apartment features:

Tastefully and fully furnished with entertainment in mind
Treated hardwood flooring throughout
High cathedral ceilings giving an uncompromising sense of space
Luxury bathroom with bath
Galley kitchen with island bench
Natural light from an eastern orientation
Unbeaten river views
A/C and hot water
EDC / Water (State rates)
Direct street access with well-maintained and clean stairwell
Potential to install elevator in stairwell
Hard title

Original ID: DP2.O8

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Riverside: the real downtown

Day and night Riverside is busy. It is probably the real downtown Phnom Penh where the oldest parts of the city are located.

I am referring to Wat Phnom, Phsar Chas, Phsar Kandal, Chey Chumneas and Chaktomuk and the Royal Palace and National Museum of course!

Preah Sisowath (honoring King Sisowath 1904 to 1927 reign) is the avenue / boulevard running along the riverfront.

It starts at the Buddhist Institute near Sothearos Boulevard. Then continues north to the Japanese Bridge where it becomes National Road 6 leading north to Battambang.

Generations of days gone by have left their footprints from Angkor kings to French colonists to UN troops.

Riverside witnesses the confluence of the Mekong, Tonle Sap and Bassac rivers and where the Water Festival is best viewed each November.

It is always stunning, especially at sun up and sundown.

In Riverside, there is a wide selection of restaurants, wellbeing services, hotels, shops and bars aimed at tourists.

Among the restaurants, you will find good selections – German, Italian, French, Chinese, Korean, Japanese, Vietnamese, Thai, Indonesian and Malaysian.

A personal reflection on Riverside

Street 172 is punctuated with $3 massage joints and bars occupied by grey faces framed with light grey hair.

Yet, just around the corner, Street 178 is now arguably the rising art gallery district of Phnom Penh with the University of Fine Arts a stone’s throw away.

This is the dichotomy of Riverside and the attraction of opposites that makes it such an interesting place!

Friends Café has made a bold statement and the Mansion House seems to be waiting for reincarnation.

Now the Hyatt has opened its doors to the Jet set, it may well be a different designer-schmick precinct to what is currently now.

In fact, when you look up along 172, the standard of shophouses is somewhat ‘better’ than in other parts of the city: it could be the rising star of Daun Penh and Riverside.

In the streets around Riverside, there is a sense that there are too many hostess bars, each vying for a shifting slice of the tourist and expat pie.

Rents will rise with the inevitable escalation of land values and the ROI of each vendor’s patch will become more and more critical as the clock ticks.

Looking at Phsar Kandal and the open block where Prey Sar prison once sat, one can’t help but wonder what’s coming next.

Given its proximity to the riverfront and the 172 and 178 ‘sweet spot’, maybe there is something special waiting in the sidelines, something for the inspired new generation.

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Phnom Penh real estate market in 2021