Handy location bright 1-bedroom apartment for rent | central Phnom Penh

Details

This 1-bedroom brand new apartment in a handy Phnom Penh city centre location with good security and parking near Phsar Depot and Olympic is now available for rent.

It offers a compact living space for professionals and, being located in the centre of town with a plethora of amenities, it offers plenty for those wanting to have it all.

There are plenty of cafes and eateries within walking distance and the shopping choices range from high-end (Olympia City Mall) to local goods and produce (Phsar Depot) with all sorts in between!

Apartment features:

• Clean, planned living spaces with plenty of natural light and ventilation
• A/C and hot water
• Brand new furniture and appliances
• Cable TV / high-speed internet
• Secure parking (motos only)
• 24-hour security
• Elevator access
• CCTV / smoke alarms
• Free water & electricity ($0.35/KWh
• Roof terrace with city views
• Standby power generator
• Soundproof safety doors
• Firehoses and extinguishers

Original ID: TK4.W1

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About the surrounding area of Tuol Kork (TK)

Toul Kork (or TK as it is locally known) lies in the north and northwest of Phnom Penh city centre cut by Russian Boulevard from the CBD.

Now its northern area is becoming far more affluent to houses similarly priced closer to the centre of town.

Toul Kork (shortened to TK) literally means ‘ground hill’ in Khmer and includes the areas around Boeung Kak Lake and the areas further to the west.

Not being in the city, Toul Kork is good for people wanting a quiet life. It has a mix of properties on wide roads, giving it a spacious suburban feel.

Now it has a more commercial feel, joining Tonle Bassac, Daun Penh and BKK, boasting an increased number of commercial activities and is a good housing option.

Tuol Kork (TK) development:

TK has many condo developments with supermarkets, hospitals, schools, restaurants and coffee shops all quite close to each other.

And AEON Mall 2, the country’s 2nd international mall is only 15 minutes away which is near Makro (supermarket) and Global House (home improvement centre).

There are many institutions and businesses in Toul Kork including RUPP, IFL, Institute of Technology, Pannasastra, Tax Dept and Ministry of Labour.

Despite many completed and ‘in construction’ high rises, villas and gated communities dominate the area, largely attracting wealthy Cambodian families wanting to live near TK Avenue.

As affluence has grown, the area has seen an increase in retail shops. TK Avenue (the first international style complex) and Phnom Penh City Centre Mall are 2 examples.

The Boeung Kak and Camko City developments also feature large scale housing and commercial spaces.

South Tuol Kork has mainly low-rise properties mostly owned and occupied by locals.

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 has a distinct feature and price tag, depending on location, size, finish quality, furnishing, etc…

READ ON

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