Grand 20th century colonial villa for sale Royal Palace Daun Penh | central Phnom Penh

Details

Set amongst trees near the Royal Palace and arguably one of the best locations in Daun Penh is this grand colonial villa, now available for sale.

Given its amazing dimensions and authentic features, it is ready for a loving makeover.

This spectacular villa breathes luxury the moment you walk in and will serve a lifestyle few will have the fortune to experience.

Colonial villa features:

• Direct and secure street access with private yard
• Off-street parking or potential garden
• Natural light and breezes
• Ready for an amazing renovation
• Large rooms with high ceilings
• $12,000/sqm
• Hard title

Original ID: DP5.U8

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Daun Penh: the real downtown

Day and night Riverside, Daun Penh, is always busy.

It is probably the real downtown Phnom Penh where the oldest parts of the city are located.

I am referring to Wat Phnom, Phsar Chas, Phsar Kandal, Chey Chumneas and Chaktomuk and the Royal Palace and National Museum of course!

Preah Sisowath (honoring King Sisowath 1904 to 1927 reign) is the avenue / boulevard running along the riverfront.

It starts at the Buddhist Institute near Sothearos Boulevard. Then continues north to the Japanese Bridge where it becomes National Road 6 leading north to Battambang.

Generations of days gone by have left their footprints from Angkor kings to French colonists to UN troops.

Riverside witnesses the confluence of the Mekong, Tonle Sap and Bassac rivers and where the Water Festival is best viewed each November.

It is always stunning, especially at sunup and sundown.

In Riverside, there is a wide selection of restaurants, wellbeing services, hotels, shops and bars aimed at tourists.

Among the restaurants, you will find good selections – German, Italian, French, Chinese, Korean, Japanese, Vietnamese, Thai, Indonesian and Malaysian.

A personal reflection on Riverside

Street 172 is punctuated with $3 massage joints and bars occupied by grey faces framed with light grey hair.

Yet, just around the corner, Street 178 is now arguably the rising art gallery district of Phnom Penh with the University of Fine Arts a stone’s throw away.

This is the dichotomy of Riverside and the attraction of opposites that makes it such an interesting place!

Friends Café has made a bold statement and the Mansion House seems to be waiting for reincarnation.

Now the Hyatt has opened its doors to the Jet set, it may well be a different designer-schmick precinct to what is currently now.

In fact, when you look up along 172, the standard of shophouses is somewhat ‘better’ than in other parts of the city: it could be the rising star of Daun Penh and Riverside.

In the streets around Riverside, there is a sense that there are too many hostess bars, each vying for a shifting slice of the tourist and expat pie.

Rents will rise with the inevitable escalation of land values and the ROI of each vendor’s patch will become more and more critical as the clock ticks.

Looking at Phsar Kandal and the open block where Prey Sar prison once sat, one can’t help but wonder what’s coming next.

Given its proximity to the riverfront and the 172 and 178 ‘sweet spot’, maybe there is something special waiting in the sidelines, something for the inspired new generation.

History of the Phnom Penh villa

Phnom Penh was previously known as Krong Chaktomuk Serei Mongkol (‘City of the Brahma’s Faces’).

Loosely translated as “the place of four rivers giving happiness and success to the Khmer Kingdom, the highest leader as well as unconquerable city of the God Indra of the great kingdom”.

It was later shortened to Krong Chaktomuk (City of Four Faces), then Phnom Penh.

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