Quiet delight 3-bedroom apartment for rent Bassac Lane Independence Monument | central Phnom Penh

Details

This beautifully designed and maintained 3-bedroom apartment is now available for rent surrounded by greenery in a quiet and safe building near the bustling Bassac Lane area and Independence Monument.

Its large, open-plan spaces, with windows on all sides, swimming pool and tasteful furniture offer luxury without the price tag.

This is an older style apartment that occupies the entire floor in a U-Shape that overlooks the shaded pool and garden and would perfectly suit a small family or professional couple.

Bassac Lane apartment features:

• Direct street access with secure perimeter
• Clean and well-maintained stairs
• Shared and shaded garden space with 24-hour security
• Air conditioning and hot water
• Washing machine and refrigerator
• Large bedrooms with plenty of storage
• Cable TV/Wi-Fi
• On-site maintenance
• Electricity $0.25/KWh and water free

Original ID: TLB.D6

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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 neighbourhood is made up of groovy little streets with cool bars and eateries almost hidden away.

It is, in short, 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.

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Investing in Cambodia is no different, so here are some things to consider before you part with your hard-earned cash.

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It is widely known that the pandemic changed consumer behavior and spending habits enormously.

The suspension of regional and international travel, for instance, directly impacted retail, tourism and hospitality sectors across the globe.

This led to a rise in online shopping and entertainment platforms and is likely to create long-term effects on retail markets and eventually real estate.

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