Brave modern 7 bedroom villa with pool for sale | Diamond Island Tonle Bassac

Details

This large modern style borey villa with a private pool is now available for sale with everything you need for independent living near the Canadian International School on Diamond Island, Tonle Bassac.

It has a healthy environment with refreshing air close to facilities including gardens, gym, swimming pool and health clubs.

Modern villa features:

• Hard title
• Private swimming pool
• Huge roof terrace with city views
• 7 bedrooms / 7 bathrooms
• Large living rooms (2 floors)
• Good sized, western kitchen with oven
• Off street parking
• 1 km from AEON Mall
• < 10 min to most central attractions
• Secure, gated and treed community with 24 hour security

Original ID: KP.A16

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

Tonle Bassac:

Tonle Bassac is located on the west side of the Tonle Bassac River. It covers around 3sqm defined by Sihanouk Blvd, Norodom Blvd and National Road 1.

The area is known for its many alleys branching off the larger streets full of bars and restaurants away from the busy city centre.

Reclaimed land known as Koh Pich has many condos, exhibition halls, hotels and other iconic buildings such as The Bridge and The Peak.

A number of embassies are also located nearby, such as – Thai, Australian, Japanese, Indonesian, Russian, Malaysian, South Korea and Philippines.

The area is also home to many government buildings and gated communities so you will notice an increased security presence (private, police and national security).

About Diamond Island:

Diamond Island is a recent addition to the Phnom Penh skyline from Koh (Island) and Pich (Diamond). It is an artificial island built around 2000 on the Bassac River.

Before then, the area was home to a few fishing families. In 2006 the island was sold to the Overseas Cambodia Investment Corporation for development

Koh Pich is now a hot spot for real estate investments and mostly inhabited by Chinese. There is little doubt this 75 hectare island will be exclusively for the rich.

In “Elite Town” houses cost up to $1 million USD. Opposite, the “Elysées project” a huge project of $150 million dollars is a replica Haussmann building and L’Arc de Triomphe.

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 neighborhood 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.

Postcode 12000 Phnom Penh real estate 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!

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