- Property type: Apartment
- Offer type: For Rent
- City: Phnom Penh
- Neighborhood: Bassac Lane , Independence Monument , Tonle Bassac
- Original Property ID: CKM.TLB13
- Bedrooms: 1
- Bathrooms: 1
- Property size: 90 m²
- 24 Hour Security
- Close to Aeon 1
- Elevator access
- In-house maintenance
- Natural light
- Off-street parking
- Reception services
- Roof terrace
- Swimming Pool
- TV Cable
- Washing machine
This nicely designed and well maintained 6th floor 1 bedroom light filled serviced apartment is now available for rent near Bassac Lane, its clean lines and tasteful furniture offer a luxurious lifestyle without a huge price tag.
Bassac Lane apartment features:
- Clean and safe street and elevator access
- 24-hour security / parking
- Plenty of natural light with great city views
- Air conditioning throughout
- Full kitchen with hot water, refrigerator, microwave and utensils
- Pool / gym
- EDC ($0.25/kwH)
- Water (First 15m3 free / then $0.35/m3)
- Cleaning twice weekly
- Cable TV and Wi-Fi
- Minimum rental term 6 months
Original ID: CKM.TLB13
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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.
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 neighbourhood 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.
How to minimize expenses
It makes sense to review your expenses and identify how to minimize your unnecessary spending so here are some suggestions to show you how to look after you, your finances AND the planet.
Simple tips on how to minimize expenses:
1. Use A/C sparingly and use DRY MODE
2. Switch to solar power where you can
3. Turn off devices completely, instead of putting them into STAND BY mode
4. Introduce penalties when your flat mate, partner or kids fail to switch things off
5. Turn lights off when not needed and change to energy-saving bulbs (take them to your new home, but remember to keep and replace the old ones!)
6. Try candlelit dinners or a BBQ with your loved one!
7. Buy clothes that don’t need ironing. A few wrinkles never killed anyone.
8. Go natural with hair – no straightener or dryer – or just shave it off altogether!
9. Turn your computer off for a few days and go outside
10. Have an Earth Hour (60 minutes with no power) every week. It could change your love life!
A detailed guide on how to minimize expenses
If you are living from paycheck to paycheck and cannot save, it could be that your income is too low or that you spend too much.
How to cut spending isn’t as easy as it sounds because you may not know where you’re overspending and this may be a long-held habit that is hard to break.
So, here are some suggestions on how to reduce your spending and help you save more.
The following may not help the economy, but it will help you!
Phnom Penh real estate market in 2021
- ID: 9583
- Published: July 19, 2022
- Last Update: August 16, 2022
- Views: 812