Luxury hotel apartment building for sale near BKK 1 | central Phnom Penh

Details

This luxury standard hotel / condominium building offering a cosmopolitan lifestyle is now available for sale for an investor looking for something different in central Phnom Penh.

It is one of the most exquisite residences in Phnom Penh, offering a superb mix of materials, space, amenities and aesthetics, founded on world-class living and safety standards.

Centrally-located, it is well situated for future price hikes and is near landmarks Wat Langka (1.5 km), Arts Academy (3 km), Tuol Sleng Museum (1 km), Central Market (1 km) and Bassac Lane (1.5 km).

Not only does this offer a tranquil home with a Zen spirit, but it is also perfect for business travelers, needing space to make clear-headed business judgments and decisions.

The hotel / apartment building has a large reception area with 24-hour front desk, rooftop terrace, car elevator and each room has a flat screen TV, refrigerator and minibar.

It is a superb investment opportunity in an optimal location with plenty of sight-seeing and shopping options nearby.

Hotel features:

• Land size: 714 sqm
• Total floor area: 2,500 sqm
• Total floors: 20 + basement (elevator access)
• Roof top floor with wading pool, cafe / bar and gym
• Parking for 30 cars (car elevator)
• Fully equipped as a functional hotel / serviced apartment building

Original ID: BTB.B6

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We also have apartments, condos, office spaces for rent or for sale in Phnom Penh, Siem Reap, Kampot and Sihanoukville.

Russian Market area:

The busy districts surrounding Russian Market 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, such as silk cloth and scarves from the provinces, stone Buddha carvings and other religious icons, western and local handbags and branded clothing from local factories.

Further inside is an array of fresh foods – fruit, vegetables, seafood and fish.

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

Well priced accommodation centre around the market and Wat Toul Tom Pong.

Nearby you will find many retail outlets catering to foreigners like – Zando, Sundown, Brand Collection, Corner Cafe, Vega, Brown, 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 here, you will be within walking distance to everything.

Major retail to dominate city by 2025

According to a recent report, major retail spaces in the city of Phnom Penh are expected to dominate, growing to just under 1M sqm by 2025 across 62 shopping destinations.

This phenomenon is driven by the now global expectation of the youth generation (Gen Z and Millennials).

Quite simply, they want more and better shopping. They also want a wide range of entertainment options under one safe and comfortable air-conditioned roof.

They differ from previous generations in that they consider the journey to be as important as the destination.

If not, more. Shopping isn’t just about buying stuff, it’s about meeting friends and sharing experiences.

More and more, we are witness to product launches, fashion shows, dance and singing competitions (the list goes on) offered as extras to the shopping environment.

This is changing the major retail landscape in most cities across the globe… and now Phnom Penh.

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