Local Real Estate Market Summary in Phnom Penh, Phnom Penh, Cambodia

Phnom Penh, Cambodia, Phnom Penh, Accommodation & Living, Local Real Estate Market Summary

Local Real Estate Market Summary in Phnom Penh, Phnom Penh, Cambodia

1. Boeng Keng Kang (BKK1)

Upmarket district with a mix of embassies and luxury apartments, offering high-end living in the heart of Phnom Penh.
  • Proximity to Embassies: Ideal for diplomats and expatriates seeking easy access to their workplace.
  • Luxury Living: High-end amenities such as gyms, restaurants, and shopping centers make it a prime choice for affluent residents.
  • Urban Renewal: Ongoing urban development makes BKK1 an attractive location for property investment in Phnom Penh.

2. Toul Kok

Residential area known for its tranquil atmosphere and close proximity to parks and lakes.
  • Quiet Environment: Ideal for families seeking a peaceful environment away from the city's hustle and bustle.
  • Green Spaces: Parks, lakes, and other green spaces offer recreational opportunities close to home.
  • Affordable Housing: Compared to other districts, Toul Kok offers relatively more affordable housing options in Phnom Penh.

3. Diamond Island (Koh Pich)

Urban development with a mix of residential and commercial properties, offering modern living with river views.
  • Riverfront Living: Residences boast stunning views of the Mekong River, providing an attractive lifestyle for residents.
  • Commercial Hub: Shopping centers, restaurants, and offices make Diamond Island a self-contained city within Phnom Penh.
  • Modern Infrastructure: Well-planned infrastructure and urban design set Diamond Island apart as a modern landmark in the city.

4. Boeung Trabek

Upcoming residential area with affordable housing options and good transport connections.
  • Affordable Housing: Compared to other districts, Boeung Trabek offers more affordable housing for budget-conscious residents.
  • Transport Connections: Proximity to key transport routes such as National Road 5 and the Phnom Penh International Airport.
  • Urban Development: Ongoing urban development makes Boeung Trabek an attractive location for property investment in Phnom Penh.

5. Russian Boulevard

Historic district with a mix of traditional and modern architecture, offering unique living options.
  • Historical Significance: Preserved Russian architecture adds character to the area, creating an appealing atmosphere for residents.
  • Mixed Architecture: Combination of traditional and modern buildings creates a unique living experience in Phnom Penh.
  • Affordable Living: Rental rates tend to be lower compared to other popular districts, making it an attractive option for budget-conscious residents.

6. Tuol Tom Poung

Artistic district known for its antique markets and art galleries, offering a vibrant cultural scene.
  • Cultural Vibrancy: Abundance of art galleries, antique markets, and street food vendors create a lively atmosphere.
  • Affordable Living: Compared to other districts, rental rates tend to be lower, making it an attractive option for budget-conscious residents.
  • Access to Amenities: Proximity to supermarkets, restaurants, and other essential amenities catering to a variety of needs.

7. Chroy Changvar

Residential area with luxury apartments and river views, offering an upscale lifestyle in Phnom Penh.
  • Riverfront Living: Residences boast stunning views of the Mekong River, providing an attractive lifestyle for residents.
  • Ultra-modern Infrastructure: High-end amenities and modern infrastructure make Chroy Changvar an appealing choice for affluent residents.
  • Transport Connections: Close proximity to the Phnom Penh International Airport and major transport routes.

8. Phsar Thmei (Central Market)

Iconic market offering a mix of local products, antiques, and souvenirs, surrounded by restaurants and shops.
  • Cultural Immersion: Authentic Cambodian experience as you explore the market's various stalls.
  • Access to Dining and Shopping: Surrounding restaurants, shops, and food vendors cater to a variety of tastes and needs.
  • Unique Architecture: Art Deco architecture makes Phsar Thmei a distinctive landmark in the city.

9. Boeung Kak Lake

Lakefront area with residential and commercial properties, offering tranquil living spaces near nature.
  • Tranquil Environment: Close proximity to a peaceful lake provides residents with a serene environment.
  • Urban Renewal: Ongoing urban development makes Boeung Kak Lake an attractive location for property investment in Phnom Penh.
  • Green Spaces: Parks and other green spaces offer recreational opportunities close to home.

10. Tuol Sleng Genocide Museum

Historic museum dedicated to the Khmer Rouge regime, offering insight into Cambodia's dark past.
  • Historical Education: Provides a sobering look at Cambodia's history during the Khmer Rouge regime.
  • Cultural Awareness: Raises awareness about human rights and the atrocities committed during this period in Cambodian history.
  • Memorial Site: Serves as a memorial to the victims of the Khmer Rouge regime, honoring their memories and sacrifices.

11. National Museum of Cambodia

Museum showcasing traditional Khmer art and architecture, providing insight into the rich history and culture of Cambodia.
  • Cultural Immersion: Explore traditional Khmer art and architecture to gain a deeper understanding of Cambodian heritage.
  • Historical Education: Provides insight into the history, culture, and artistic traditions of Cambodia.
  • Architectural Beauty: Beautiful architecture reflecting traditional Khmer design makes it an attractive landmark in Phnom Penh.

12. Royal Palace

Residential palace of the King of Cambodia, showcasing traditional Khmer architecture and royal treasures.
  • Cultural Immersion: Explore royal treasures and traditional Khmer architecture to gain a deeper understanding of Cambodian heritage.
  • Historical Education: Provides insight into the history, culture, and traditions of the Cambodian monarchy.
  • Architectural Beauty: Beautiful architecture reflecting traditional Khmer design makes it an attractive landmark in Phnom Penh.

13. Silver Pagoda (Wat Preah Keo Morakot)

Royal temple adorned with over 5,000 silver tiles and numerous valuable Buddhist artifacts.
  • Cultural Immersion: Explore a temple showcasing valuable Buddhist artifacts to gain a deeper understanding of Cambodian heritage.
  • Historical Education: Provides insight into the history, culture, and religious practices of Cambodia.
  • Architectural Beauty: Beautiful architecture reflecting traditional Khmer design makes it an attractive landmark in Phnom Penh.

14. Wat Phnom

Temple located on a hill in the heart of Phnom Penh, offering panoramic city views and cultural significance.
  • Cultural Immersion: Explore a temple with historical and religious significance to gain a deeper understanding of Cambodian heritage.
  • Panoramic City Views: Enjoy panoramic views of the city from the hilltop temple.
  • Historical Education: Provides insight into the history, culture, and religious practices of Cambodia.

15. NagaWorld Casino Complex

Luxury casino complex with hotels, shopping, dining, and entertainment options.
  • Entertainment Hub: Offers a variety of entertainment options including gaming, shopping, dining, and live shows.
  • Ultra-modern Infrastructure: High-end amenities and modern infrastructure make NagaWorld an appealing choice for affluent visitors.
  • Transport Connections: Close proximity to the Phnom Penh International Airport and major transport routes.