Phnom Penh luxury 1 – 4 bedroom condo for sale | Bassac Lane BKK 1

Details

Luxury condo on Norodom Boulevard, Phnom Penh, near Bassac Lane and BKK 1 now for sale for those accustomed to international standard and first class style. Ideal for urbanites / young professionals, long-term expats or growing families, this condo provides for a relaxing, comfortable, modern lifestyle.

This breath-taking project will occupy 25 floors (17,000 sqm total floor area) with various types and sizes of units including 1, 2, 3 and 4 bedroom condominiums.

Phnom Penh luxury condo – 1 bedroom (78 – 80 sqm)

Perfect for individuals and young couples, this will perfectly suit independent souls looking for a home in the heart of Phnom Penh.

• Open-plan living / dining
• Separate kitchen
• Utility room / built in storage
• Separate bathroom
• Bedroom + balcony
• Living room + balcony

Phnom Penh luxury condo – 2 bedrooms (111 – 126 sqm)

Ideal for young families / couples with scenic city views.

• Open-plan living and dining
• Kitchen with breakfast nook
• Utility room / storage closet
• Master bedroom with ensuite and balcony
• Junior bedroom
• Common bathroom
• Living room + balcony

Phnom Penh luxury condo – 3 & 4 bedrooms (196 – 262 sqm)

These units offer privacy for each occupant and all bedrooms have ensuite bathrooms, formal (clean) and informal (dirty) kitchen areas, as well as a guest bathroom and staff quarters. Perfect for large families, designed to suit entertaining guests and comfortably accommodating all family members.

• Open-plan living / dining
• Formal kitchen area
• Dedicated area for informal / wet kitchen
• Utility room
• Guest bathroom (sink and WC)
• Staff quarters with WC + bath
• Built-in storage
• Master bedroom with walk-in closet, balcony and ensuite with bathtub, shower and twin basins
• Junior bedroom with ensuite
• 2 standard bedrooms with ensuite
• Wide balcony beside living room

Prices starts at $250,000 depending on floor level, bedroom types and sizes: a prime location and prime investment.

Original ID: TLB.P21

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Does this location or property type interest you? Send us a message by filling out the contact form below to schedule a FREE viewing. We have apartments, condos, office spaces for rent and sale in Phnom Penh, Siem Reap, Kampot and Sihanoukville.

Bassac Lane:

Amid widespread devastation of the hospitality industry by COVID, one area in Phnom Penh seems to be defying the odds. It includes bustling Bassac Lane, St 308 and St 21 where you will find cozy, high end bars and restaurants surrounded by new condos and other night venues.

The neighbourhood is made up of groovy little streets with cool bars and eateries almost hidden away. It is the fun area with a distinct western vibe with bars in a different theme or style to suit.

COVID-19 slowed business here but it bounced back and now the night air is filled with music as people return to their old habits. Bassac Lane is now so full of bars and hole-in-the-wall venues, that new venues are spilling into Street 308 and Street 21.

Because land prices here are 10-20% less than BKK 1, prices are cheaper all round. Prices of food and beverages are comparatively cheap. You can find a bar selling cocktails at $3, draught beer at $1 and meals from $5.

Amidst the general activity, there is a sense of optimism despite the tight border controls keeping tourist numbers down.

So instead of going to the usual haunts on Street 136 and Pub Street that have obviously been hard hit by the pandemic, check out Bassac Lane where the night lights are a little bit brighter.

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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