Phnom Penh's riverfront is always the prime for properties

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Phnom Penh's riverfront is always the prime for properties

March 16, 2022

The first notice only comes with the closest observation. Being one of the most prominent portals of Cambodia's real estate market, Realestate.com.kh has gathered that the housing market is quietly recovering. Because with the help from the team, some big buyers have thrown a lot of money on properties of high-quality projects, under construction or handed over. This can been seen especially in the capital Phnom Penh. The Cambodian property market has been 'refrigerated' for two years, and as a result its vigour has also been 'preserved'. Now it’s time for leading developers to return to their track with their perseverance and gradually boost the market.

 

 

 

Since March, the most eye-catching product type is the quality housing with the concept of "Bay Area". 'River View', 'Riverfront', and 'Waterfront' have always been the labelled elements of urban stylish living. That said, human feeling for freshwater resources is more than to be livable. Indeed, the rivers, lakes and seashore constitute a richful water system in Cambodia and nourish the Khmer with a long history.  As you see, most of the major cities and towns in Cambodia are connected by the Mekong River. In Phnom Penh, lives have been busy with construction and business, particularly on either side of the Mekong. The neck-breaking changes in Chroy Changvar District, Diamond Island and Koh Norea, or the city planning of Khan Chbar Ampov and Akriey Ksart village are clear enough to prove that the ‘bay area’ is firstly attracted to affluent urbanites of the country.

 

 

 

High-end modern apartments and sky mansions have gradually become popular in the ‘bay area’ of ??Phnom Penh, and most of them currently occupy first-line river views. If you have ever visited the sites of these projects, overlooking the invincibly broad urban landscape ringed by rivers, you will find that the hustle and bustle seems to be cut off. For moments, minds are suddenly cleared. Under the sun and bathing in the breeze, one can enjoy nature so much so that it seems all for you.

 

 

 

With the accelerated development of infrastructure construction in the capital, bridges across the river are being built one after another. These large bridges are all aided by governments of Asian countries, so they are all named ‘Friendship Bridges’, but simpler for people to name them with numbers. Once a bridge is open to traffic, the value of a new land rises from its previous limitation. It doesn't take long to see that Akriey Ksart village, which is now within Kandal Province, will also be included in the territory of Phnom Penh City. At that time, Phnom Penh's ‘bay area’ economy will thrive in all aspects no doubt.

 

 

 

The charm of the riverside lies not only in the more pleasant environment, but even more in the splendorous scenes of the morning and evening. The flows in Cambodia are roughly from north to south, which means the banks of a river facing either the sunrise or the sundown, equally fantastically beautiful. Tropical Cambodia is famous for its high visibility during the dry season, when people can appreciate the transparency of the sky day and night. At any moment, there is always a touch of beauty up above you worthy of your attention.

 

 

 

What is most appealing is that the tip of the Chroy Changvar peninsula, Diamond Island,  Khan Chbar Ampov and Akriey Ksart together enclose the intersection of the three streams. This landscape grants an incredible three-dimensional view and a unique vibe for many riverside residences. Right here and right now,  it is hard to miss it! Those who are interested in buying properties in Southeast Asia don’t miss out on this great opportunity.

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