- Close to Chinese Embassy
- Close to Russian Market
- Close to schools
- Development potential
- EDC and Water State rates
- High ceilings
- Large open plan spaces
- Natural light
- Off-street parking
- Roof terrace
- Separate street access
- Tourism location
This large 6-bedroom villa with a private roof terrace and large yard with plenty of parking within a stone’s throw of Russian Market is now available for rent.
With some love and attention, this villa would be perfectly suitable for a small-medium company or similar given its proximity to the CBD.
The building is surrounded by secure outside space which would make a delightful garden or outdoor seating area.
The interior is clean, but needing some upgrading and some of the small rooms could be converted into larger spaces.
Independence Monument villa features:
- Direct and secure street access
- Undercover parking
- Large courtyard
- Large bedrooms with private bathrooms
- Medium-sized kitchen
- Large balcony on the first floor
- Large, covered roof terrace
Original ID: TTP2.F4
Does this Russian Market villa interest you?
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.
About Russian Market area:
The busy districts surrounding Russian Market (Tuol Tompong and Boeung Tompong) are some of the best in Phnom Penh for tourists and locals.
Its name harks back to the large Russian expat population back in the 1980s.
In the market, you will find many souvenirs 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 food – fruit, veg, seafood and fish.
There are also items like lamps, wood carvings, fabrics and kitchen wares. At night there are many restaurants serving freshly grilled seafood.
Budget accommodation centres around the market and pagoda.
Nearby you will find many retail outlets catering to foreigners like – Zando, Sundown, Brand Collection, Starbucks and Amazon Cafe.
On virtually every corner there is a pub or bar where you can find anything from cheap beer to high end wines and cocktails.
If you live around Russian Market, you will be close to everything.
Renting made easy
Phnom Penh real estate, especially rentals, is not easy to navigate 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 with a distinct feature and price tag, depending on location…
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.
However, the market remains in flux and has already changed irrevocably due to shifted consumer habits (and now the Ukraine war will play a role).
How this will affect real estate in any significant way post 2022 is yet to be seen, but aspects of building design and transport are likely to change as a result.
Check us out on Google
- ID: 24909
- Published: May 30, 2023
- Last Update: May 30, 2023
- Views: 403