- Property type: Apartment / flathouse
- Offer type: For Sale
- City: Phnom Penh
- Neighborhood: 7 Makara
- Original Property ID: MAK.A11
- Bedrooms: 2
- Bathrooms: 1
- Property size: 80 m²
Features
- Air Conditioning
- Balcony
- Ceiling fans
- City views
- Contemporary design
- EDC and Water State rates
- Fully furnished
- Good ROI
- High ceilings
- Natural light
- Near CBD
- Near Central Market
- Near city centre
- Near French Embassy
- Open plan
- Parking nearby
- Washing machine
Details
Clever design 2-bedroom corner apartment for sale in 7 Makara promises to be an opportunity to own a western-standard home with good access in the heart of Phnom Penh.
Bathed in light (with a south-west orientation), this 80 sqm space with a wraparound balcony will be a much-loved home.
It offers a secure and comfortable lifestyle with its open plan that speaks to the outdoors, clean lines, comfortable furniture, an efficient western kitchen, a/c, ceiling fans and more.
Apartment features:
- Fully air-conditioned
- Street access with good security
- Western-style kitchen
- Private balcony with city views
- 50m to Kampuchea Krom Boulevard
- Five minutes to Orussey Market
- Soft title
Original ID: MAK.A11
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About Prampi Makara (7 Makara):
Prampi Makara (7th January) named after the day when Kampuchean Armed Forces and Vietnamese troops liberated the capital in 1979.
It is literally the centre of Phnom Penh. A web of narrow streets with every shop imaginable, all seemingly headed towards Orussey Market.
The real Phnom Penh, the beating heart, the raw flesh where shop owners and stall holder ply their trades. A look up and you will see the pre-Pol Pot face of the city: the Khmer take on Modernism.
Prampi Makara is the smallest Khan in Phnom Penh, subdivided into 8 Sangkats and is only 2.2 km², but with 96,192 inhabitants in 1998, it is one of the most densely populated areas in the city.
And yet, it is often overlooked.
Westerners tend to head towards Daun Penh or Chamkarmon as if nothing else matters. The Chinese appear only to want to be in BKK 1 close to Naga World.
Both ends of the investor / renter spectrum look elsewhere.
Here you can buy or rent living spaces for half the price of other areas. They will have character and the moment you step into the street, the city presents itself in its fullness.
Orussey Market watches over all – chaos by day, an unexpected stillness by night.
Barely 700m north are Vattanac and Canadia Towers, 400m south west is Molyvann’s Olympic Stadium and to the immediate south BKK 1 and east, Riverside.
It is all there… waiting.
Good guide to investing in Cambodia
Here is a good guide to investing in Cambodia that should steer you away from total financial disaster.
The real estate market in Cambodia is extremely varied, more so than most countries, which can make investing either a smooth journey or a rocky one.
What separates a successful from unsuccessful investor is not pure luck, as many think, but the ability to recognise and avoid mistakes.
Investing in Cambodia is no different, so here are some things to consider before you part with your hard-earned cash.
Read on to find out how to invest in Cambodia
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!
Read more about Phnom Penh real estate
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