- Property type: Villa / house
- Offer type: For Sale
- City: Phnom Penh
- Neighborhood: Chbar Ampov
- Original Property ID: CAM.B10
- Bedrooms: 4
- Bathrooms: 6
Features
- Balconies
- BBQ area
- CCTV
- City views
- Development potential
- Garden
- hard title
- High ceilings
- Large open plan spaces
- Natural light
- Near CBD
- Near schools
- Off-street parking
- Roof terrace
- Street access
- Unfurnished
Details
This new construction 4-bedroom flathouse villa is now available for sale in Chbar Ampov, only 15 minutes from Koh Pich in central Phnom Penh.
This house (4.8 x 12 metres), built in 2019 but never lived in, faces east and is comprised of two connecting buildings on a land parcel 9.6 x 12 metres.
The house is wider than most, with a 1-metre perimeter clearance, allowing for natural light, ease of living, access and decoration and occupies three levels and an attic level.
The ground floor is divided into the front as a reception/living room and the rear for family and dining.
The first floor has two large bedrooms, the front has a master bedroom with ensuite bathroom and a smaller rear bedroom, also with a bathroom.
The second floor is divided into 4 rooms – 2 double bedrooms, a laundry room connected to 3rd bathroom and steam room, and a quiet family room.
The attic floor has a utility space, perfect as an office, or worship room.
Original ID: CAM.B10
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Chbar Ampov: forgotten, outlaying and expanding
According to the World Bank, strong economies are highly urban.
Cambodia has 21% of its population living in urban areas whereas countries with similar GDP (Bangladesh, Kyrgyzstan) are 35%. By 2050, Cambodia’s rate is likely to catch up.
Phnom Penh is the largest city in the country with 2 million+ residents serving as a global gateway.
It has plenty of opportunity and robust planning is starting to address congestion in this fast changing city.
Locations like this are now getting more attention as they have suitable options near the city centre.
The PPSEZ about 5km past the airport is an example of phased activity to move activity out of the city centre.
This will allow westward growth and development in Chbar Ampov will stretch the city east and south.
With projected growth and ongoing investment, this location is ripe. Now is a good time to look before everyone else does.
2022 property market healthy enough?
Despite claims the Cambodia property market is not healthy enough in 2022 to compete globally, there is evidence this is not the case.
The sector has ridden a massive wave of direct foreign investment, mostly from China, with no foreseeable limit, despite COVID-19.
Good guide to investing
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.
Innovative Cambodia my 2nd home program
Cambodia my 2nd home (CM2H) is an innovative initiative recently launched by KHCA (Khmer Home Charity Association) in association with the Ministry of Interior (MOI).
Its aim is to help foreign nationals enjoy a series of measures to facilitate living and business in Cambodia.
Benefits for participants in the Cambodia my 2nd home program include – a 10-year unlimited entry / exit visa and, after 5 years, eligibility to apply for a Cambodian passport and enjoy the advantages of the ASEAN network.
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