- Air Conditioning
- Backup generator
- BBQ / entertainment area
- City views
- Close to embassies
- Close to Russian Market
- Contemporary design
- Elevator access
- Fitness Centre
- Fully furnished
- Good ROI
- Hot water
- Natural light
- Roof terrace
- Swimming Pool
- Tourism location
Well-appointed 45 room hotel near Russian Market, central Phnom Penh, for rent with in-house restaurant, commercial kitchen, sky bar and pool overlooking the city.
It is a superb investment opportunity in an optimal location with plenty of sight-seeing and shopping options nearby.
The hotel has a large reception area with 24-hour front desk, rooftop terrace, undercover parking. Each room has a flat screen TV, refrigerator and minbar.
It is located close to Phnom Penh’s popular spots like Wat Langka (1.5 km), Tuol Sleng (1 km), Central Market (1 km) and Bassac Lane (1.5 km).
While you’re here, check out the local cafes – Cousin’s Burger & Coffee, Vibe Cafe and Daughters, Cambodia Visitor Centre Café – all a short distance from the hotel.
Travelers eager for a bit of culture can check out the National Museum, while others with shopping on the agenda may want to visit Tuol Tom Pong Market and AEON Mall.
If you’re a sports’ lover, see what’s going on at Olympic Stadium.
Russian Market hotel features:
- Land size: 15 x 20 metres (300 sqm hard title)
- Total floor area: 2,500 sqm on 12 floors (elevator access)
- Ground, 1st, and 11th floors are dedicated for office and restaurant
- 2nd to 9th floor are hotel rooms (total 45 rooms)
- Roof top floor with swimming pool and lounge area / deck
- Commercial kitchen
- Parking for 10 cars
- Fully equipped as a functional hotel
- Contract term 3 to 5 years
- Deposit 5 months
Original ID: TTP.M4
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Russian Market area:
The busy districts surrounding Russian Market are some of the best in Phnom Penh for tourists and locals alike.
Its name harks back to the large Russian expat population back in the 1980s.
In the market, you’ll find many wares like silk cloth and scarves from the provinces, stone carvings and other religious icons, western and local handbags and branded clothing.
Further inside is an array of fresh foods – fruit, vegetables, seafood and fish.
There are also household items like lamps, wood carvings, fabrics and kitchen wares and at night there are many pop-up restaurants serving freshly grilled seafood.
Nearby you will find retail outlets catering to foreigners like – Zando, Sundown, Brand Collection, Corner Cafe, Vega, Brown, Starbucks and Amazon Cafe.
And on virtually every corner there is a pub or bar serving anything from cheap beer to high-end wines and cocktails.
With well priced accommodation centre around the market and Wat Toul Tom Pong, you will be within walking distance to everything.
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.
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- ID: 22591
- Published: March 31, 2023
- Last Update: May 25, 2023
- Views: 1005