Mekong villa apartment with a generous private terrace for rent | Chroy Changvar

JW5H+WRJ, AH11, Phnom Penh, Cambodia

Features

  • 24 Hour Security
  • Air Conditioning
  • CCTV
  • Ceiling fans
  • Fitness Centre
  • High ceilings
  • Large open plan spaces
  • Near French Embassy
  • Off-street parking
  • Terrace
  • TV Cable
  • Washing machine
  • WiFi

Details

Mekong ground floor villa apartment for rent with 3 large bedrooms and a very generous private terrace overlooking the Mekong River in Chroy Changvar.

Coming fully furnished (or not, if you wish) this home is comprised of a series of large nicely designed living spaces: a true retreat from the city.

Mekong villa apartment features:

  • Generous private terrace with Mekong River views
  • East facing
  • Street and garden access in a secure compound
  • Secure, off street parking
  • Quiet neighborhood
  • Air conditioning and hot water
  • Refrigerator and washing machine
  • Full kitchen with loads of space and storage
  • 24-hour security and parking
  • Gym and large shared gardens on site
  • EDC ($0.30/kwH) and water ($0.50/m3)

Property ID: CC1.F5

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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 also have apartments, condos, office spaces for rent or for sale in Phnom Penh, Siem Reap, Kampot and Sihanoukville.

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 any more!

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… 

READ ON

Chroy Changvar: the forgotten, the outlying and the expanding

According to World Bank’s 2017 report ‘Urban Development in Phnom Penh’, successful economies have high levels of urbanisation.

Cambodia’s rate of urbanisation is lower than expected for its GDP as countries with similar GDP (Bangladesh and Kyrgyzstan) have urbanization rates closer to 35%.

Cambodia has 21% of its people already living in urban areas and, by 2050, this is expected to rise to 36%.

Phnom Penh has seen significant growth and now has 2 million residents and is the largest and fastest growing city in the country, serving as a gateway to the global economy.

The need for robust urban planning to mitigate growing congestion is becoming more critical in this fast-changing city.

So, it comes as no surprise that locations often overlooked when buying or renting are getting more attention.

Areas like Kandal Province, Chroy Changvar, Chbar Ampov and Russey Keo are offering suitable living and working environments not far from the centre of town.

The Phnom Penh Special Economic Zone (PPSEZ) is an example of the phasing-in of a land-use plan to de-centralise the city’s commercial activities.

This could be a stimulus for the city to extend westward. Similarly, infrastructure development in Chroy Changvar, Kandal Province, Chbar Ampov and Russey Keo will stretch the city limits in easterly, northerly and westerly directions.

Phnom Penh’s projected population growth, gentrification and foreseeably ongoing foreign investment offer virtually unparalleled opportunities.

It is probably a good time to look before everyone sees.

2022 property market healthy enough?

Despite claims the Cambodia property market is not healthy enough in 2022 to compete globally, there is evidence this is not the case.

The sector has ridden a massive wave of direct foreign investment, mostly from China, with no foreseeable limit, despite COVID-19.

READ MORE

Good guide to investing

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.

READ MORE

Innovative Cambodia my 2nd home program

Cambodia my 2nd home (CM2H) is an innovative initiative recently launched by KHCA (Khmer Home Charity Association) in association with the Ministry of Interior (MOI).

Its aim is to help foreign nationals enjoy a series of measures to facilitate living and business in Cambodia.

Benefits for participants in the Cambodia my 2nd home program include:

  • 10-year unlimited entry / exit visa
  • After 5 years, eligibility to apply for a Cambodian passport
  • Ongoing enjoyment of the advantages of the ASEAN network.

 

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