- 24 Hour Security
- Air Conditioning
- BBQ / entertainment area
- Close to CBD
- Close to French Embassy
- Conference facilities
- Contemporary design
- Elevator access
- Fire alarms
- Fully furnished
- Good street presence
- High ceilings
- Large open plan spaces
- Natural light
- Off-street parking
This huge commercial office space surrounded by lush greenery that will inspire your workers and impress your clients is now available for rent in Chroy Changvar.
It is located on the 1st floor and has both elevator and stair access with 24-hour access.
Power sockets are located underfloor, making the space limitless in terms of layout and usage given there is a mix of rooms including meeting areas, private offices and open-plan areas.
There is plenty of parking space for cars and motorbikes too.
- Contract period: 1-3 years
- Rent: $2,500/month excluding VAT
- Deposit: 2 months
- Management Fee: $150/month to cover maintenance, security, etc.
- Electricity: $0.25/KWh
Original ID: CC.A2
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Mekong River bridge grand options
Areyksat is facing significant development as the South Korean Ambassador indicated that his government is exploring options of a Mekong River bridge to connect Phnom Penh to Kandal Province.
The spin offs for Chroy Changvar are clearly enormous as the city’s centre of gravity shifts eastwards.
Areyksat will develop significantly as the South Korean government explores options of a Mekong River bridge to connect Phnom Penh to Kandal Province.
Areyksat, on the eastern bank of the Mekong, is mooted to fall under the jurisdiction of Phnom Penh.
As part of the plan, it will become a satellite city with shopping malls, residential, commercial, leisure and entertainment precincts.
Technical teams researched numerous potential sites at Chroy Changvar and/or at Daun Penh’s Riverside to connect with Kandal Province.
Chroy Changvar: forgotten, outlying, expanding
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 Chroy Changvar offer suitable living environments near the city centre.
Chroy Changvar 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 fully functional, Chroy Changvar is now much closer to the city centre.
Special Economic Zones show how phased decentralized 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.
Now is a good time for you to look before everyone else does!
2022 property market healthy enough?
Despite claims the Cambodia property market is not healthy enough in 2022 to compete globally, there is evidence this is not the case.
The sector has ridden a massive wave of direct foreign investment, mostly from China, with no foreseeable limit, despite COVID-19.
Renting 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!
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…
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- ID: 28750
- Published: September 18, 2023
- Last Update: September 18, 2023
- Views: 45