- Property type: Apartment
- Offer type: For Rent
- City: Phnom Penh
- Neighborhood: Bassac Lane , Tonle Bassac
- Original Property ID: TLBB.L2
- Bedrooms: 2
- Bathrooms: 2
- Property size: 84 m²
- 24 Hour Security
- Air Conditioning
- Backup generator
- CCTV security
- City views
- Close to Aeon 1
- Close to embassies
- Close to schools
- Elevator access
- Fully furnished
- Natural light
- Off-street parking
- Reception services
- Roof terrace
- Swimming Pool
As a landmark, this exclusive building in Tone Bassac is redefining urban living – fortunately there is a 2 bedroom condo for rent one step closer to paradise and a place to call home.
All quality furniture is crafted with timeless elegance in mind. Being 21 stories high the building proudly overlooks Phnom Penh.
It is a tower of steel and glass full of natural light with external vegetation. Attractive, eco friendly and a pleasing place for tenants and visitors.
The rooftop infinity pool and terrace suit any mood with a blend of shade and open air. This condo has all that city living has to offer with access to shopping, transport, fine dining, business and professional services.
Original ID: TLBB.L2
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An inner city area located on the west side of the Tonle Bassac River. It covers around 3sqm defined by Sihanouk Blvd, Norodom Blvd and National Road 1. It is known for its many alleys branching off the larger streets full of bars and restaurants away from the busy city centre.
Reclaimed land known as Koh Pich has many condos, exhibition halls, hotels and other iconic buildings such as The Bridge and The Peak. A number of embassies are also located nearby, such as – Thai, Australian, Japanese, Indonesian, Russian, Malaysian, South Korea and Philippines.
The area is also home to many government buildings and gated communities so you will notice an increased security presence (private, police and national security).
Amid widespread devastation of the hospitality industry by COVID, one area in Phnom Penh seems to be defying the odds. It includes bustling Bassac Lane, St 308 and St 21 where you will find cozy, high end bars and restaurants surrounded by new condos and other night venues.
The neighborhood is made up of groovy little streets with cool bars and eateries almost hidden away. It is the fun area with a distinct western vibe with bars in a different theme or style to suit.
COVID-19 slowed business here but it bounced back and now the night air is filled with music 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 here 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.
So instead of going to the usual haunts on Street 136 and Pub Street that have obviously been hard hit by the pandemic, check out Bassac Lane where the night lights are a little bit brighter.
Phnom Penh real estate 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!
Phnom Penh real estate market in 2021
- ID: 8005
- Published: July 11, 2022
- Last Update: August 23, 2022
- Views: 827