Ultra modern 2 bedroom apartment for sale near Central Market | central Phnom Penh

Details

Located a stone’s throw from Central Market opposite the Sorya Mall and bus station for sale, this ultra modern 2 bedroom apartment is in the most central location of Phnom Penh.

It is positioned on the uppermost (4th) floor and has its own large private roof terrace with a lovely city outlook.

Ultra modern apartment features:

• Open plan living / cooking / eating area
• A/C and hot water
• Fully furnished
• Plenty of built in storage
• Private balcony and large roof terrace with city views
• Loads of natural light and ventilation
• Good access and central location
• Regularly tenanted for 6 – 12 months at a time
• Soft title

Original ID: DP6.E1

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Riverside: the real downtown

Riverside, the real downtown is the old city – Wat Phnom, Old Market, Kandal Market and Chaktomuk. Many generations’ footprints are here – Angkor kings, French colonists and UN troops. It is where the Mekong, Tonle Sap and Bassac rivers meet and where the Water Festival takes place each year.

Riverside is always stunning especially at sunrise and sunset. Day and night it is busy and a popular tourist spot.

Sisowath Quay (in honor of King Sisowath) is the riverfront road. It starts at the Buddhist Institute and continues north to Japanese Bridge. There it becomes Road 6 and out of the city.

The area has a wide choice of restaurants, wellbeing services, hotels, shops and bars. Among the restaurants, you will find Italian, French, Japanese, Vietnamese, 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 and National Museum only a stone’s throw away.

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 surrounding streets in this part of Phnom Penh, 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 Riverside and the 172 and 178 ‘sweet spot’, maybe there is something special waiting in the sidelines, something for the inspired new generation of architects and artists.

As of last week, digging has started. My guess is a shopping centre, possibly with apartments too!

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Innovative Cambodia my 2nd home program

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Its aim is to help foreign nationals enjoy a series of measures to facilitate living and business in Cambodia.

Benefits for participants in the Cambodia my 2nd home program include – a 10 year unlimited entry / exit visa and, after 5 years, they are eligible to apply for a Cambodian passport and enjoy the advantages of the ASEAN network.

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