The Best Locations for Luxury Properties in Phnom Penh
Phnom Penh, the vibrant capital of Cambodia, has become a prime destination for luxury real estate investment. With its rich cultural heritage, rapid economic growth, and modern infrastructure, the city offers an array of appealing locations for high-end properties. Below are some of the best neighborhoods for luxury properties in Phnom Penh.
1. BKK1 (Boeung Keng Kang 1)
BKK1 is renowned for its upscale lifestyle and is home to numerous expatriates and affluent locals. This area boasts a variety of high-end restaurants, shopping boutiques, and art galleries. The availability of luxury condominiums and modern apartments makes BKK1 one of the top choices for investors looking for a refined living experience.
2. Tonle Bassac
Tonle Bassac is a rapidly developing urban area along the banks of the Bassac River. Many luxury developments and hotels have emerged here, attracting a cosmopolitan crowd. The mix of modern architecture and stunning river views makes it an attractive location for luxury residential properties, along with its proximity to major business districts and entertainment venues.
3. Riverside
Phnom Penh’s Riverside area, which runs along the Mekong River, is famous for its breathtaking views and vibrant atmosphere. This area offers luxury apartments with panoramic river views, private balconies, and exclusive amenities. The Riverside is not only a residential hotspot but also a thriving social scene filled with cafes, eateries, and nightlife options.
4. Daun Penh
Daun Penh is in the heart of Phnom Penh and is one of the oldest districts in the city. It features a mix of historical architecture and modern developments. Luxury properties in this area often include penthouses in high-rise buildings that provide stunning views of the city skyline. Daun Penh’s rich history and cultural significance make it an appealing choice for those seeking a luxurious urban lifestyle.
5. Chroy Changvar
Located on the outskirts of the city, Chroy Changvar has become increasingly popular for its serene environment and beautiful riverside properties. This area is experiencing significant development, with luxury villas and houses being constructed, offering peace and privacy while still providing easy access to Central Phnom Penh. Chroy Changvar is perfect for families and those looking for a more tranquil living space.
6. Toul Kork
Toul Kork is known for its family-oriented community and spacious properties. This suburb is home to several international schools, making it an ideal location for expatriates with children. Luxury residences in Toul Kork often feature large gardens, modern designs, and a greater sense of privacy, making it a desirable area for discerning buyers.
7. Phsar Kandal
Phsar Kandal, located near Riverside, offers a unique blend of local culture and modern living. This area features several luxury boutique hotels and serviced apartments. The charm of the traditional markets combined with contemporary living spaces makes Phsar Kandal an attractive location for those who appreciate a vibrant community atmosphere.
Investing in luxury properties in Phnom Penh presents excellent opportunities due to the city’s growth trajectory. Whether you desire a stunning apartment overlooking the river or a spacious villa in a family-friendly neighborhood, Phnom Penh has something for everyone seeking a quality lifestyle in a thriving capital.
