- Property type: Apartment
- Offer type: For Rent
- City: Phnom Penh
- Neighborhood: Tonle Bassac
- Original Property ID: TLB.O13
- Bedrooms: 5
- Bathrooms: 7
- City Centre
- Close to Aeon 1
- Close to embassies
- Close to schools
- EDC and Water State rates
- High ceilings
- Large open plan spaces
- Natural light
- Off-street parking
- Separate street access
This large post colonial mid century villa with private garden is now available for rent in Tonle Bassac near the embassy precinct. It will make a grand home for a large family, commercial or office spaces for an NGO.
For the price and location, this is another great find. It offers a sanctuary from the city chaos and suits a family wanting a unique experience, being located in the former UN stronghold after the war.
Mid century villa features:
- Secure villa garden for children play area or parking
- Large, airy bedrooms each with own bathroom
- High ceilings and terrazzo stairs
- Distinct design
- Grand scale living areas and kitchen
- Covered roof terrace
- Plenty of storage
- Natural light and air flow
- Minimum lease 12 months
Original ID: TLB.O13
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Tonle Bassac is located on the west side of the Tonle Bassac River. It covers around 3sqm defined by Sihanouk Blvd, Norodom Blvd and National Road 1. The area is known for its many alleys branching off the larger streets full of bars and restaurants away from the busy city centre.
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).
Reclaimed land known as Koh Pich has many condos, exhibition halls, hotels and other iconic buildings such as The Bridge and The Peak.
Amid widespread devastation of the hospitality industry by COVID, one area in Phnom Penh seems to be defying the odds. It includes bustling 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 the streets.
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 Villas – a short history
Phnom Penh was an important hub for French colonialists with its wide roads, beautiful gardens, grand villas and colonial mansions earned it the undisputed title ‘Pearl of Asia’ in the 1920s.
From this time, the city expanded rapidly. Chaktomuk is located in Daun Penh; an area under transformation with countless new developments and infrastructure upgrades. It is a culturally significant area with its landmarks like Wat Botum Park, Botumvatey Pagoda and Independence Monument.
It is also very popular for its many restaurants, cafes, embassies, NGO offices, and boutique hotels.
Phnom Penh real estate market in 2021
- ID: 13246
- Published: August 10, 2022
- Last Update: August 14, 2022
- Views: 1576