Generous 1-bedroom apartment for rent Russian Market | central Phnom Penh

House no.71, street 446, Sangkat Toultompong, Phnom Penh, Cambodia

Properties (1057)

Condo / Apartment (551)

Phnom Penh (548)

Generous 1-bedroom apartment for rent Russian Market | central Phnom Penh

$500 /month

+85517400700

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Property type: Condo / Apartment
Offer type: For Rent
City: Phnom Penh
Neighborhood: Tuol Tumpung (Russian Market)
Original Property ID: TTP.AH1
Bedrooms: 1
Bathrooms: 1
Property size: 52 m²

Features

Air Conditioning
Balcony
Elevator
Fully furnished
Natural light
Near Russian Market
Near schools
Off-street parking
Roof terrace
Tourism location
TV Cable
Washing machine
WiFi

Details

This generous-sized and bright 1-bedroom apartment located in the lively and ever-popular Russian Market area is now available for rent.

This is a quiet place to live yet close enough to many cafes, multi-national cuisine offerings, funky bars, retail stores and, of course, the famed local wet market ‘Russian Market’.

The apartment was built to western standards and comes with modern furniture and fittings to suit any ex-pat looking to stay in Phnom Penh medium to long term.

Apartments start from a generous 52 square metres, which is much bigger than many newer apartments.

So, if you want to live in a great location and prefer a generous livable space then this is for you!

Apartment features:

Air Conditioning
Alarm System
Balcony with city views
Car parking/elevator access / generator
Flat screen TV / Wi-Fi
Reception / CCTV & 24-hour manned security
Refrigerator / cooker / washing machine
Roof top terrace
Free Cleaning 1 x week
Electricity $0.25/KW and water $0.35/m3

Original ID: TTP.AH1

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About Russian Market area:

The busy districts surrounding Russian Market (Tuol Tompong and Boeung Tompong) are some of the best in Phnom Penh for tourists and locals alike.

Its name harks back to the large Russian expat population back in the 1980s.

In the market, you will find many souvenirs like silk cloth and scarves from the provinces, stone carvings and other religious icons, western and local handbags and branded clothing from local factories.

Further inside is an array of fresh food – fruit, veg, seafood and fish.

There are also items like lamps, wood carvings, fabrics and kitchen wares. At night there are many restaurants serving freshly grilled seafood.

Budget accommodation centres around the market and pagoda. Nearby you will find many retail outlets catering to foreigners like – Zando, Sundown, Brand Collection, Starbucks and Amazon Cafe.

On virtually every corner there is a pub or bar where you can find anything from cheap beer to high end wines and cocktails.

If you live around Russian Market, you will be close to 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…

READ ON

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.

However, the market remains in flux and has already changed irrevocably due to shifted consumer habits (and now the Ukraine war will play a role).

How this will affect real estate in any significant way post 2022 is yet to be seen, but aspects of building design and transport are likely to change as a result.

READ MORE

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