Search

Search form

Tonle Bassac: Primed for the future

A view from the Phnom Penh Center on Sothearos shows the numerous cranes working on riverside developments in the Tonle Bassac area.
A view from the Phnom Penh Center on Sothearos shows the numerous cranes working on riverside developments in the Tonle Bassac area. Nick Street

Tonle Bassac: Primed for the future

This week, Phnom Penh property expert David Murphy of Independent Property Services explores the southern riverside sangkat of Tonle Bassac.

Tonle Bassac is located on the western shore of the Bassac River, from which it takes its name (Tonle is Khmer for ‘river’). Contained by the river to the east, Sihanouk Boulevard to the north and Norodom Boulevard to the west, Tonle Bassac hooks westward under BKK1 until reaching Monivong Boulevard.

This up-and-coming area is home to a number of small alleys and roads that branch off of the larger boulevards, creating a suburban environment of quiet leafy streets a stone’s throw from the hustle and bustle of central Phnom Penh. In the past few years there has been considerable development activity on Tonle Bassac’s riverside area, including the Sofitel Hotel, Diamond Island, Naga World and some gated community.

New restaurants and entertainment establishments have also popped up in the area, from Korean restaurants along Sothearos to noodle houses on Diamond Island and diverse dining options in Naga World. The wide variety of options within a small area make Tonle Bassac an ideal area for new families arriving in Phnom Penh.

In terms of traffic and transportation infrastructure, Tonle Bassac enjoys access to the dining and entertainment areas of Riverside to the north, easy connection to central Phnom Penh via Sihanouk Boulevard and Norodom Boulevard and convenient journeys to the airport via the Street 271 ring road.

There are three main gated communities located within the Tonle Bassac sangkat. Bassac Gardens, Les Jardins du Bassac and Chamkarmorn City offer a variety of property options within secure, managed environments. Villas in these communities range from $2,000 to $3,500 and apartments can be found in the range of $1,000 to $2,000 per month.

Serviced apartment options in Tonle Bassac are plentiful, including dK Sanctuary, the well-established Green Mansion 1 and the soon-to-be-opened Syphon. Villas in the area are common and of varying quality and size, running from $1,500 to $3,500 per month.

Tonle Bassac’s prime location make it just as appealing for setting up an office as it is for living. There is quite a bit of commercial and office space available in the area, including in newer buildings such as the iCON Professional Building and B-Ray Tower. Expect more office space to come online in the short term in this ascendant part of Phnom Penh.

David Murphy is managing director of Independent Property Services. He can be contacted on 077 959 861, [email protected], or check out their website at www.independentpropertyservices.com.

RECOMMENDED STORIES

  • Breaking: PM says prominent human rights NGO ‘must close’

    Prime Minister Hun Sen has instructed the Interior Ministry to investigate the Cambodian Center for Human Rights (CCHR) and potentially close it “because they follow foreigners”, appearing to link the rights group to the opposition Cambodia National Rescue Party's purported “revolution”. The CNRP - the

  • Rainsy and Sokha ‘would already be dead’: PM

    Prime Minister Hun Sen on Sunday appeared to suggest he would have assassinated opposition leaders Sam Rainsy and Kem Sokha had he known they were promising to “organise a new government” in the aftermath of the disputed 2013 national elections. In a clip from his speech

  • Massive ceremony at Angkor Wat will show ‘Cambodia not in anarchy’: PM

    Government officials, thousands of monks and Prime Minister Hun Sen himself will hold a massive prayer ceremony at Angkor Wat in early December to highlight the Kingdom’s continuing “peace, independence and political stability”, a spectacle observers said was designed to disguise the deterioration of

  • PM tells workers CNRP is to blame for any sanctions

    In a speech to workers yesterday, Prime Minister Hun Sen pinned the blame for any damage inflicted on Cambodia’s garment industry by potential economic sanctions squarely on the opposition party. “You must remember clearly that if the purchase orders are reduced, it is all