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

Details

This luxury 2-bedroom serviced apartment on the 3rd floor with Mekong River views is now available for rent has everything you need for a comfortable stay a short drive from the centre of Phnom Penh (5 minutes to Japanese Bridge).

Each apartment in the building has a large floor plan (100 – 150sqm) with comfortable furniture, air-con, hot water, washing machine, internet, cable TV and even utensils in the kitchen.

All floors have elevator access (except top floor), have large western style kitchens and light bathrooms with shower and bath.

For the price, you will be hard pressed to have one of the best outlooks in Phnom Penh.

Apartment features:

• Massive master bedroom with walkthrough bathroom and river views
• Large private balcony with uninterrupted river views
• Swimming pool / fitness centre / rooftop terrace
• Secure garden setting
• Elevator access
• Off street parking
• 24 hour security
• Internet / cable TV
• Washing machine
• Western kitchen with oven
• Balcony with Mekong River views
• Bath and shower
• Monthly service fee $35
• Electricity $0.30/kwH
• Water $5 per person/month

Original ID: CC1.A4

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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 any more!

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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Chroy Changvar : forgotten, outlying, expanding

According to the World Bank healthy economies tend to be highly urban. Countries with similar GDP to Cambodia (such as Bangladesh) have rates at around 35%.

In Cambodia 21% are in urban areas, but this is predicted to rise to 36% by 2050.

Phnom Penh has 2 million+ people and the nation’s fastest growing city.

Good planning is helping ease congestion and locations previously ignored are now getting more attention.

Areas like Chroy Changvar offer good living environments near the city centre.

Chroy Changvar Bridge reopened in 2019 following renovations. Crossing the Tonle Sap river, it connects with Daun Penh. 971m long and 13.8m wide, built in 1963 with a grant from Japan.

Now fully functional, Chroy Changvar is much closer to the city centre.

Special Economic Zones show how phased land use helps the city extend.

Development in Kandal Province, Chbar Ampov and Russey Keo are doing similar.

Phnom Penh’s growth and continued investment offer good opportunities so now is a good time for you to look before everyone else does!

Post Covid, 2022 and a brave new normal

There is some doubt as to what a post Covid world will look like even though many say things will be back to a brave new ‘normal’ by the end of 2022.

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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