- BBQ / entertainment area
- Close to CBD
- Development potential
- EDC and Water State rates
- Good street presence
- High ceilings
- Natural light
- Off-street parking
This large well-maintained villa/commercial building with awesome street presence is now available for rent in Boeung Prolit near Olympic Stadium and BKK 1.
It has a separate, undercover outdoor areas, secure entry, off-street parking and a decent yard.
Central Phnom Penh villa features:
- Distinct street presence
- Off-street parking
- Large internal spaces with high ceilings
- Natural light throughout
- Distinct neo-modern design
- Easy access to BKK 1, Riverside and Monivong Boulevard
- Attractive lease terms
Original ID: MAK.E9
Does this commercial villa interest you?
Does this location or property type interest you?
Please send us a message by filling out the contact form below to schedule a FREE viewing.
We also have apartments, condos, office spaces for rent or for sale in Phnom Penh, Siem Reap, Kampot and Sihanoukville.
About 7 Makara
Prampi Makara (7th January) named after the day when the Kampuchean People’s Revolutionary Armed Forces and Vietnamese troops liberated the capital from the Khmer Rouge in 1979.
It is literally in the centre of Phnom Penh, a web of narrow streets with every shop imaginable, all seemingly headed towards Orussey Market.
It is the real Phnom Penh, the beating heart, the raw flesh where shop owners and stall holder ply their trades. A look up and you will see the pre-Pol Pot face of the city: the Khmer take of Modernism.
Prampi Makara is also the smallest district in Phnom Penh. It is subdivided into 8 Sangkats – Monorom, Mittapheap, Veal Vong, Orussey I, Orussey II, Orussey III, Orussey IV and Boeung Prolit – and 33 Kroms.
It has an area of 2.2 km² and in 1998 had 96,192 inhabitants, making it one of the most densely populated parts of the city.
And yet, it is often overlooked.
Westerners tend to head towards Daun Penh or Chamkarmon as if nothing else matters. The Chinese appear only to want to be in BKK 1, in close proximity to Naga World. Both ends of the investor/renter spectrum look elsewhere.
Here you can buy or rent living spaces for half the price of other areas. They will have character and the moment you step into the street, the city presents itself in its fullness.
Orussey Market watches over all – chaos by day, an eerie stillness by night. Barely 700m north are Vattanac and Canadia Towers, 400m south west is Molyvann’s Olympic Stadium and to the immediate south BKK 1 and east, Riverside.
It is all there… waiting.
Good guide to investing in Cambodia
Here is a good guide to investing in Cambodia that should steer you away from total financial disaster.
The real estate market in Cambodia is extremely varied, more so than most countries, which can make investing either a smooth journey or a rocky one.
What separates a successful from unsuccessful investor is not pure luck, as many think, but the ability to recognise and avoid mistakes.
Investing in Cambodia is no different, so here are some things to consider before you part with your hard-earned cash.
Post Covid, 2022 and a brave new normal
There is some doubt as to what a post Covid world will look like even though many say things will be back to a brave new ‘normal’ by the end of 2022.
It is widely known that the pandemic changed consumer behavior and spending habits enormously.
The suspension of regional and international travel, for instance, directly impacted retail, tourism and hospitality sectors across the globe.
This led to a rise in online shopping and entertainment platforms and is likely to create long-term effects on retail markets and eventually real estate.
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- ID: 29402
- Published: October 9, 2023
- Last Update: October 9, 2023
- Views: 215