Luxury 2-bedroom apartment with superb Mekong River views for rent | Chroy Changvar

Details

This 2-bedroom luxury Chroy Changvar Peninsula apartment with Mekong River views is now available for rent in a desirable location only minutes from the city.

All units in this luxury building are fully furnished including sanitary wares, cabinetry and appliances.

Standard units have storage rooms, a timeless design and capture light and superb views.

Apartment features:

• Free and secure off-street car parking with car elevator
• 24-hour concierge/security for peace of mind
• 4 fully serviced passenger elevators
• A/C and hot water throughout apartment
• Large fitness centre with views across the city and rivers
• Roof-top infinity pool and terrace with superb city views
• Children’s’ pool and playroom
• Conference rooms available for all residents
• Private dining/function room with a large terrace looking over the Mekong River
• Games room available for all residents
• Fully manned reception area
• Ground floor café in a garden setting
• Barely a few minutes to the French and US embassies
• New shopping centres and supermarkets nearby

Original ID: CCP1.A3

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Chroy Changvar : forgotten, outlying, expanding

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

21% of its people are already living in urban areas.

By 2050 this is expected to rise to 36%.

Cambodia’s rate of urbanisation is lower than expected for its GDP and it is expected to rise.

Countries with similar GDP (Bangladesh and Kyrgyzstan) have urbanization rates closer to 35%.

Phnom Penh has seen significant growth and now has 2 million residents. It 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.

Mekong River bridge grand options

Areyksat is facing significant development as the South Korean Ambassador indicated that his government is exploring options of a Mekong River bridge to connect Phnom Penh to Kandal Province.

The spin offs for Chroy Changvar are clearly enormous as the city’s centre of gravity shifts eastwards.

Areyksat will develop significantly as the South Korean government explores options of a Mekong River bridge to connect Phnom Penh to Kandal Province.

Areyksat, on the eastern bank of the Mekong, is mooted to fall under the jurisdiction of Phnom Penh.

As part of the plan, it will become a satellite city with shopping malls, residential, commercial, leisure and entertainment precincts.

Technical teams researched numerous potential sites at Chroy Changvar and/or at Daun Penh’s Riverside to connect with Kandal Province.

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