Super comfortable 2-bedroom apartment for rent Tuol Kork | central Phnom Penh

Details

This 2-bedroom contemporary-designed and well-maintained serviced apartment is now available for rent in the heart of Tuol Kork.

From the pleasant reception staff to the comfortable fit-out, rooftop terrace, gym and infinity pool, you will be hard-pressed to find better.

Apartment features:

•  Air-conditioning/hot water
•  Refrigerator and washing machine
•  Western-style kitchen
•  Car and moto parking
•  24-hour security
•  Infinity pool and large gym facilities
•  Weekly cleaning
•  Wi-Fi/Cable TV
•  Private balcony
•  Elevator access
•  Lovely city views
•  Plenty of natural light and ventilation
•  Water $5/person/month
•  Electricity $0.30/kwH

Original ID: TK.U3

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Abode Real Estate has an apartment, condo, office space for rent or for sale in Phnom Penh, Siem Reap, Kampot and Sihanoukville.

About the area

Tuol Kork (or TK as it is locally known) lies in the north and northwest of Phnom Penh city centre cut by Russian Boulevard from the CBD.

Now its northern area is becoming far more affluent to houses similarly priced closer to the centre of town.

Tuol Kork (shortened to TK) literally means ‘ground hill’ in Khmer and includes the areas around Boeung Kak Lake and the areas further to the west.

Not being in the city, Toul Kork is good for people wanting a quiet life. It has a mix of properties on wide roads, giving it a spacious suburban feel.

Now it has a more commercial feel, joining Tonle Bassac, Daun Penh and BKK, boasting an increased number of commercial activities and is a good housing option.

Tuol Kork Development:

TK has many condo developments with supermarkets, hospitals, schools, restaurants and coffee shops.

AEON Mall 2, the country’s 2nd international mall 15 minutes away.

There are many institutions and businesses in Toul Kork including RUPP, IFL, Institute of Technology, Pannasastra, Tax Dept and Ministry of Labour.

Despite many completed and ‘in construction’ high rises, villas and a number of gated communities dominate the area. Wealthy Cambodian families like to live in or near TK Avenue.

As affluence has grown, the area has seen an increase in retail shops. TK Avenue (the first international style complex) and Phnom Penh City Centre Mall are 2 examples.

The Boeung Kak and Camko City developments also feature large scale housing and commercial spaces.

South Tuol Kork has mainly low rise properties mostly owned and occupied by locals.

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 anymore!

There are essentially four types of rental options (Khmer style shop house, renovated shop house, western apartment, condo / serviced apartment).

Each has a distinct feature and price tag, depending on location…

READ ON

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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