- Property type: Condo / Apartment
- Offer type: For Sale
- City: Phnom Penh
- Neighborhood: Chroy Changvar
- Original Property ID: CC.IN1
- Bedrooms: 2
- Bathrooms: 2
- Property size: 85 m²
Features
- 24 Hour Security
- Air Conditioning
- Balcony
- City views
- Elevator
- Fire alarms
- Fitness Centre
- Fully furnished
- Natural light
- Off-street parking
- Roof terrace
- Swimming Pool
Details
On the 11th floor, with superb Mekong River views is this smart new 2-bedroom apartment in the Infinity 28 condo on the Chroy Changvar peninsula now available for sale at a very reasonable price.
This tastefully presented apartment is one of many in this carefully crafted building, which is perfect for living in or renting out.
Furnishing is modern, and comfortable with smartly designed appliances. The kitchen is streamlined and the bedroom comfortable, with ample storage. The dining/living area is a place for study, meals or relaxing.
The spaces flow well into each other, and the good-sized balcony offers respite from the city with magnificent city and river views.
Infinity 28 condo features:
- 10 minutes to French Embassy / 15 minutes to city centre
- Combined living / dining space
- Modern bathrooms and large bedrooms
- Fully furnished (or unfurnished if requested)
- Natural light and river breezes
- Mekong River views
- Street and elevator access
- 24 hour manned and video security
- Undercover secure parking
- Roof terraces with great city views
- Swimming pool / gym
- Strata / hard title (perfect for foreign ownership)
Original ID: CC1.IN1
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Chroy Changvar : forgotten, outlying, expanding
According to the World Bank successful economies are highly urban. Countries with similar GDP to Cambodia (e.g. Bangladesh and Kyrgyzstan) have rates at 35%.
In Cambodia 21% are in urban areas, predicted to rise to 36% by 2050.
Phnom Penh has 2 million+ people and the nation’s fastest growing city. Good planning is helping mitigate congestion and locations previously overlooked are now getting more attention.
Areas like Chroy Changvar offer suitable living environments near the city centre.
Chroy Changvar Bridge reopened in 2019 following renovations. Crossing the Tonle Sap river, it connects with Daun Penh. 971m long and 13.8m wide, built in 1963 with a grant from Japan.
Now fully functional, Chroy Changvar is much closer to the city centre.
Special Economic Zones show how phased decentralized land-use helps the city extend. Development in Kandal Province, Chbar Ampov and Russey Keo are doing similar.
Phnom Penh’s growth and continued investment offer good opportunities so now is a good time for you to look before everyone else does!
Is the 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.
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.
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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