1 bedroom Bodaiju luxury condo Phnom Penh Airport for sale | Porsenchey

Details

This luxury condo with private balcony in Japanese designed Bodaiju in Porsenchey (or Pou Senchey) is now available for sale.

It is an efficient home, set in contemporary landscaped gardens, offering a harmonious balance of quality living and natural tranquility.

The crafted landscaping and exterior garden deck complement the contemporary interiors with finishes sourced around the world.

These qualities synergise to provide soothing serenity amidst generous living space.

This Bodaiju luxury condo in Porsenchey is strategically located on Russian Boulevard, a prime location in close proximity to major shopping and dining conveniences.

It offers ideal living a stroll away from lifestyle shopping precincts with one-stop fashion, dining, and entertainment options

Original ID: PS.001

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About Porsenchey

Porsenchey (or Pou Senchey) is a Khan subdivided into 11 communes (Sangkats) in which the International Airport is located.

It covers much of the western part of the capital, located about 10km south west of the city centre. It is the largest of all 12 Khans of Phnom Penh and houses about 200,000 residents.

Por Senchey – one of the largest Khans in the city – is attractive for developers to build residential projects.

This is largely due to the area’s relatively low land prices, large available land parcels and proximity to city centre.

Sandwiched between the city and south western suburbs, developers targeted the area for homes priced $30,000 and $70,000, suitable for low-mid income families.

In 2017, Por Senchey had 94 major developments and 111 smaller-scale projects under construction (30,000 residential units).

With its high population density, the area has more factories and residential projects than any other district in Phnom Penh.

Since then, however, land prices in the area have increased dramatically.

Postcode 12000 Phnom Penh real estate 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! 

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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.

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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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