Impressive 8-bedroom villa for rent Tonle Bassac near BKK 1 | central Phnom Penh

Details

Located in the quiet backstreets of Tonle Bassac near the embassies, BKK 1 and Bassac Lane is this majestic unfurnished 3-floor villa for rent with loads of off-street parking and shaded roof terrace.

It will easily accommodate a large family, business HQ or NGO in absolute comfort.

Tonle Bassac villa features:

• Separate dining room
• Multiple discrete office spaces on all floors
• Grand main hall/living room
• High ceilings
• Plenty of natural light
• Good-sized kitchen with plenty of storage
• Water and EDC (State rates)
• Pet friendly
• Large roof terrace

Original ID: TLB.U2

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

About Tonle Bassac:

Tonle Bassac is located on the west side of the Tonle Bassac River.

It covers around 3sqm flanked by Sihanouk Blvd, Norodom Blvd and National Road 1. The area is known for having many alleys that branch off larger streets.

They are full of bars and restaurants secluded from the busy city centre.

Reclaimed land known as Koh Pich has numerous condos, exhibition halls, hotels and other iconic developments, such as The Bridge, The Peak and DI Riviera.

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. Consequently, you will notice increased security presence (private, police and national security).

Bassac Lane:

Despite the widespread devastation of the hospitality industry by COVID-19, one precinct in Phnom Penh seems to be defying all odds and operating almost Business as Usual.

In the leafy backstreets of Tonle Bassac are bustling streets 308 and 21.

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

COVID-19 did slow business in Bassac Lane area for a while, but it bounced back and now on weekends, the night air is filled with music and laughter as people return to their old habits.

The 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 in Bassac Lane 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.

Upmarket BKK 1:

Boeung Keng Kang (BKK) 1 bordered by Sihanouk, Norodom, Mao Tse Tung and Monivong Boulevards is a popular area.

It is the centre of Phnom Penh for its banks, hotels, restaurants, shops and bars.

It is the place for business deals and seen as the ‘foreign capital’ for its cosmopolitan nature.

Here are the embassies of Switzerland, Bulgaria, Brunei and Sweden and various NGOs and international companies.

BKK also has many schools offering world class education.

It may be pricey, but this area is attractive for all sorts of businesses on streets 278, 282, 63 and 51.

Apartments and hotels are in the mid to upper range due to location and quality.

The local market is located offers a range of goods including fresh food, clothes, jewelry, money exchanges and household goods.

Augmenting the market is a wide selection of international F + B options including coffee shops and bakeries.

After dark the streets are alive with bars, clubs, hotel rooftops and restaurants open for punters.

Things are pricier but you won’t want for much more. BKK has pretty much everything.

Renting 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 anymore!

There are essentially four types of rental options (Khmer style shop house, renovated shop house, western apartment, condo / serviced apartment) each with a distinct feature and price tag, depending on location…

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