Discover the Top Residential Property Deals in Phnom Penh
Phnom Penh, the vibrant capital of Cambodia, is rapidly becoming a hotspot for real estate investment. With its rich culture, growing economy, and a diverse expatriate community, the city offers a range of residential properties that cater to various needs and budgets. In this article, we explore the top residential property deals in Phnom Penh, showcasing attractive options for both buyers and renters.
1. Luxury Condominiums in BKK1
One of the most sought-after neighborhoods in Phnom Penh is Boeung Keng Kang 1 (BKK1). Known for its upscale lifestyle, this area is home to modern condominiums that come with a host of amenities. Properties like the Eighty88 and The Bridge offer stunning city views, swimming pools, and fitness centers. Prices range from $150,000 to $300,000, making it a prime choice for expatriates and local professionals seeking luxury living.
2. Affordable Apartments in Toul Kork
Toul Kork is an emerging district that combines affordability with convenience. This area is ideal for families and young professionals looking for budget-friendly options without compromising on quality. Many apartments in Toul Kork offer spacious layouts and are situated near schools, markets, and parks. With pricing starting at only $60,000, it’s a great place to find a cozy home in a suburban setting.
3. Riverside Properties
The Riverside area of Phnom Penh boasts breathtaking views of the Tonle Sap and Mekong rivers. The properties here are not only expensive but also a solid investment due to the stunning surroundings and the influx of tourists. High-end apartments and boutique hotels dominate this area, with options available for both purchase and short-term rentals. Prices can vary widely, with some listings starting at $200,000 and others exceeding $1 million.
4. Newly Developed Townhouses in Sen Sok
As Phnom Penh continues to expand, neighborhoods like Sen Sok are gaining attention from investors. This area features newly developed townhouses perfect for families who want a community feel with modern conveniences. With prices ranging from $100,000 to $250,000, these townhouses offer spacious living areas, private gardens, and easy access to shopping centers and schools.
5. Eco-Friendly Living in Chbar Ampov
Chbar Ampov is gaining recognition for its stunning eco-friendly developments. Many new projects here focus on sustainability and energy-efficient designs. These homes not only reduce environmental impact but also promise lower utility costs. Eco-friendly properties can start around $80,000, making them an attractive option for environmentally conscious buyers looking for value and comfort.
6. Exclusive Developments in the Emerging District of Diamond Island
Diamond Island (Koh Pich) is an emerging real estate hub in Phnom Penh. Known for its luxury developments and modern amenities, this island is attracting both locals and expatriates. Properties like The Prince Resort offer unique waterfront living with a bustling lifestyle. With prices upwards of $300,000, it’s a top choice for those desiring exclusivity and leisure.
7. Investment Opportunities in Central Market Area
The area around the iconic Central Market is not only a tourist attraction but also a promising investment location. With ongoing urbanization and commercial developments, residential properties in this area are becoming increasingly valuable. Investors can find good deals on older buildings that can be renovated or repurposed for residential living, often starting at around $120,000.
In conclusion, Phnom Penh’s real estate market is thriving with a variety of residential property deals to suit different preferences and financial plans. Whether you seek luxury, affordability, eco-friendliness, or investment opportunities, the capital has something to offer everyone. Stay ahead of the market by exploring these top residential properties, and you'll find the perfect place to call home in this dynamic city.
