Impressive high visibility 5 floor commercial building for rent National Road 6 | Chroy Changvar

Details

This high visibility commercial corner building close to the entrance of Borey Phnom Penh Town on National Road 6 is now available for rent.

Commercial building features:

• High visibility – close to entrance to Borey Phnom Penh Town
• Direct access to National Road 6A
• Elevator access to all 5 floors
• Two buildings available
• Natural light from 3 sides
• Parking for cars and motorcycles
• Approx. floor area 400sqm with roof terrace

Original ID: CC1.A6

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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 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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Chroy Changvar

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!

Major retail to dominate city by 2025

According to a recent report, major retail spaces in the city of Phnom Penh are expected to dominate, growing to just under 1M sqm by 2025 across 62 shopping destinations.

This phenomenon is driven by the now global expectation of the youth generation (Gen Z and Millennials).

Quite simply, they want more and better shopping. They also want a wide range of entertainment options under one safe and comfortable air-conditioned roof.

They differ from previous generations in that they consider the journey to be as important as the destination. If not, more. Shopping isn’t just about buying stuff, it’s about meeting friends and sharing experiences.

More and more, we are witness to product launches, fashion shows, dance and singing competitions (the list goes on) offered as extras to the shopping environment.

This is changing the major retail landscape in most cities across the globe… and now Phnom Penh.

With some exceptions, retail supply growth is being largely driven by the popularity and growth of the Borey market, located in the outer suburbs of Phnom Penh.

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