Beautiful 4-bedroom villa for sale Rose Gardens | Tonle Bassac

Details

This nicely presented 4-bedroom/5-bathroom villa located close to Diamond Island in Rose Gardens, Tonle Bassac, is now available for sale.

It is ideal for a medium-sized family, offering comfort, space and privacy with its large rooms on two floors and private well-maintained front yard.

The living space is generously proportioned, and the kitchen has been recently remodeled with plenty of storage, gas stove and range hood.

The house itself is located in a secure, gated community with unusual external space including parking for 1 car.

It is within walking distance to the Canadian School and a short drive to AEON Mall, Riverside and BKK 1.

Residents can use the Bassac Gardens swimming pool and fitness centre at handsomely discounted fees.

Villa features:

• Hard title
• Fully renovated with hardwood flooring
• UN and Embassy-approved security
• House Size: 240sqm
• Off-street parking for 1 car
• Fully-furnished throughout with a/c and ceiling fans
• Separate kitchen, dining room and laundry
• Each bedroom with private bathroom
• Large open-plan living areas with an abundance of natural light

Original ID: KP.A21

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About Diamond Island (Koh Pich):

Diamond Island is a recent addition to the Phnom Penh skyline from Koh (Island) and Pich (Diamond). It is an artificial island built around 2000 on the Bassac River.

Before then, the area was home to a few fishing families. In 2006 the island was sold to the Overseas Cambodia Investment Corporation for development

Koh Pich is now a hot spot for real estate investments and mostly inhabited by Chinese. There is little doubt this 75-hectare island will be exclusively for the rich.

In “Elite Town” houses cost up to $1 million USD. Opposite, the “Elysées project” a huge project of $150 million dollars is a replica Haussmann building and L’Arc de Triomphe.

‘The’ Lane:

Amid widespread devastation of the hospitality industry by COVID, one area in Phnom Penh seems to be defying the odds.

It includes bustling Bassac Lane, St 308 and St 21 where you will find cozy, high end bars and restaurants surrounded by new condos and other night venues.

The neighbourhood has groovy little streets with cool bars and eateries almost hidden away.

It is the fun area with a distinct western vibe with bars in a different theme or style to suit.

COVID-19 slowed business here but it bounced back and now music fills the air as people return to their old habits.

Bassac Lane is now so full of bars and hole-in-the-wall venues, that new venues are spilling into Street 308 and Street 21.

Because land prices here are 10-20% less than BKK 1, prices are cheaper all round.

Prices of food and beverages are comparatively cheap. You can find a bar selling cocktails at $3, draught beer at $1 and meals from $5.

Amidst the general activity, there is a sense of optimism despite the tight border controls keeping tourist numbers down.

Instead of going to the usual haunts on Street 136 and Pub Street hard hit by the pandemic, check out the lane where the night lights are a little bit brighter.

About Tonle Bassac:

Tonle Bassac is located on the west side of the Tonle Bassac River.

It covers around 3sqm flanked by Sihanouk Blvd, Norodom Blvd and National Road 1.

The area has many alleys that branch off larger streets. They are full of bars and restaurants secluded from the busy city centre.

Reclaimed land known as Koh Pich has numerous condos, exhibition halls, hotels and other iconic developments, such as The Bridge, The Peak and Di Riviera.

A number of embassies are also located nearby, such as – Thai, Australian, Japanese, Indonesian, Russian, Malaysian, South Korea and Philippines.

The area is also home to many government buildings and gated communities.

Consequently, you will notice increased security presence (private, police and national security).

Postcode 12000 Phnom Penh real estate 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!

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