Great price 5-bedroom shophouse for sale near food hall | Chroy Changvar

HWRG+GRV, Phnom Penh, Cambodia

Features

  • Balconies
  • City views
  • EDC and Water State rates
  • hard title
  • High ceilings
  • Natural light
  • Near French Embassy

Details

This new shophouse building on 3 floors with 5 bedrooms and a covered roof terrace is now available for sale in Chroy Changvar near the popular food hall and Dinosaur Park.

Chroy Changvar, being so close to National Road 6 and the Japanese Bridge, makes this shophouse ideal as a home, shop or office.

All rooms are brightly lit and well-maintained. There is some parking outside the shophouse front and the city is only a short drive away.

Original ID: CC1.H1

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We have an apartment, office or villa for rent or sale in Phnom Penh, Siem Reap, Kampot or Sihanoukville for you.

Renting a shophouse 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 anymore!

There are essentially four types of rental options (Khmer style shop house, renovated shop house, western apartment, condo / serviced apartment) each with a distinct feature and price tag, depending on location…

READ ON

 

Chroy Changvar on the Mekong River

According to the World Bank successful economies are highly urban. Countries with similar GDP to Cambodia (e.g. Bangladesh and Kyrgyzstan) have rates at 35%.

In Cambodia 21% are in urban areas, predicted to rise to 36% by 2050.

Phnom Penh has 2 million+ people and the nation’s fastest growing city.

Good planning is helping mitigate congestion and locations previously overlooked are now getting more attention. Areas like this offer suitable living environments near the city centre.

The Japanese Friendship bridge reopened in 2019 following renovations.

Crossing the Tonle Sap River, it connects with Daun Penh. 971m long and 13.8m wide, built in 1963 with a grant from Japan.

Now open, this neighborhood is much closer to the city centre.

Special Economic Zones show how phased land-use helps the city extend. Development in Kandal Province, Chbar Ampov and Russey Keo are doing similar.

Phnom Penh’s growth and continued investment offer good opportunities so now is a good time for you to look before everyone else does!

 

 

Our guide to paying bills:

Abode guide to paying utility bills… why bother?

Abode Real Estate receives many inquiries about the process of paying bills in Phnom Penh, so here is a quick 2022 guide to help you.

Click to view Abode Real Estate guide to paying utility bills

  1. Pay bills on time. Reconnections are time consuming and costly
  2. Check addresses and account names are correct before paying
  3. Be familiar with where bills are placed – sometimes you will find them in unusual places!
  4. EDC bills are issued every month on the same date, so keep a lookout!
  5. Water bills are issued every 2 months – again keep a lookout for them
  6. Once a bill’s due date expired you cannot pay by App, instead, you have a few days’ grace to pay in the offices (see slides 2 & 3).
  7. Bills can be paid at Wing outlets (almost on every street)
  8. It may be a good idea to pay extra on your water bill to avoid disconnections
  9. EDC reconnections usually take <2 working days and cost $2.50
  10. Water reconnections usually take <2 working days $15.25
  11. Don’t expect action on weekends and certainly not on holidays
  12. EDC website: https://www.edc.com.kh/index.php
  13. PPWSA website: http://www.ppwsa.com.kh/en/

 

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Hi, this may be interesting you: Great price 5-bedroom shophouse for sale near food hall | Chroy Changvar! This is the link: https://www.abode-realestate.com/properties/commercial-building/phnom-penh/shophouse-for-sale-chroy-changvar-new-5-bedroom/