Magnificent 1-bedroom penthouse apartment for rent river views near Royal Palace | Independence Monument

Details

This large 1-bedroom penthouse apartment with soaring ceilings and river views is now available for rent near the Royal Palace, Naga World and Independence Monument.

With private and secure lift access from the street literally to your door, you will feel like royalty when you get home.

For a 1-bedroom apartment, it is enormous with a double-height ceiling in the living room, a private terrace, and neat open-plan living space.

It is perfectly situated within a short stroll to Naga World and the riverfront and a 10-minute walk to BKK 1, this will be the perfect pad for a professional single or couple wanting it all.

It will be the perfect place to watch the sunset with your favorite beer!

Original ID: DP5.AA6

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

Bassac Lane:

Despite the effects on the hospitality industry by COVID-19, one precinct seems to defy the odds and operated almost Business as Usual.

This is the bustling area around Bassac Lane, St 308 and St 21.

There you will find small, high-end bars and restaurants that will soon be surrounded by new condos and more night venues.

The neighborhood is made up of groovy little streets with great bars and eateries tucked away that cater to locals and tourists.

It is literally the fun area with a Western vibe, with each bar having a different theme or style to suit all tastes!

COVID-19 slowed business in the area, but it bounced back and now the night air is filled with music and laughter 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 hard hit by the pandemic, check out the lane where the night lights are a little bit brighter.

Daun Penh: the real downtown

Day and night Riverside, Daun Penh, is busy.

It is probably the real downtown Phnom Penh where the oldest parts of the city are located.

I am referring to Wat Phnom, Phsar Chas, Phsar Kandal, Chey Chumneas and Chaktomuk and the Royal Palace and National Museum of course!

Preah Sisowath (honoring King Sisowath 1904 to 1927 reign) is the avenue / boulevard running along the riverfront.

It starts at the Buddhist Institute near Sothearos Boulevard. Then continues north to the Japanese Bridge where it becomes National Road 6 leading north to Battambang.

Generations of days gone by have left their footprints from Angkor kings to French colonists to UN troops.

But now Riverside witnesses the confluence of the Mekong, Tonle Sap and Bassac rivers where the Water Festival is best viewed each November.

It is always stunning, especially at sunup and sundown.

In Riverside, there is a wide selection of restaurants, wellbeing services, hotels, shops and bars aimed at tourists.

Among the restaurants, you will find good selections – German, Italian, French, Chinese, Korean, Japanese, Vietnamese, Thai, Indonesian and Malaysian.

A personal reflection on Riverside, Daun Penh

Street 172 is punctuated with $3 massage joints and bars occupied by grey faces framed with light grey hair.

Yet, just around the corner, Street 178 is now arguably the rising art gallery district of Phnom Penh with the University of Fine Arts a stone’s throw away.

This is the dichotomy of Riverside and the attraction of opposites that makes it such an interesting place!

Friends Café has made a bold statement and the Mansion House seems to be waiting for reincarnation.

Now the Hyatt has opened its doors to the Jet set, it may well be a different designer-schmick precinct to what is currently now.

In fact, when you look up along 172, the standard of shophouses is somewhat ‘better’ than in other parts of the city: it could be the rising star of Daun Penh and Riverside.

In the streets around Riverside, there is a sense that there are too many hostess bars, each vying for a shifting slice of the tourist and expat pie.

Rents will rise with the inevitable escalation of land values and the ROI of each vendor’s patch will become more and more critical as the clock ticks.

Looking at Phsar Kandal and the open block where Prey Sar prison once sat, one can’t help but wonder what’s coming next.

Given its proximity to the riverfront and the 172 and 178 ‘sweet spot’, maybe there is something special waiting in the sidelines.

Something for inspired new generation of architects and artists.

Contact us

FAQs

About Phnom Penh property

Phnom Penh real estate market