Compass Real Estate > Cambodia Real Estate Information > Rent&Buy > ​New Projects with good quality, Starting from $990/m²

​New Projects with good quality, Starting from $990/m²

2020-11-28
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Summary:Top four core areas of Phnom Penh are favored by home buyers, with a large number of newly built buildings, rich property types, and greater choice.

There are 14 administrative districts in Phnom Penh, the capital of Cambodia, which the four core areas are Chamkarmon, Daun Penh, 7 Makara, and Toul Kork.

These areas are the most suitable places to live in Cambodia due to the core location, completed facilities, completed transportation and convenient living and daily life.

As the center of Phnom Penh city, Chamkarmon District is the most elite residential area. There are many embassies from various countries and foreigners live here. It is a gathering place for local officials, political and business celebrities, envoys and rich people from all over the world.

Daun Penh District, as the oldest city of Cambodia, is the main administrative and commercial district of Phnom Penh. It is also a gathering place for Cambodian central government agencies and foreign embassies in Cambodia. Many enterprises in this area gather, including the central market, banks and stock exchanges. Famous landmarks include the Royal Palace, Wat Phnom, Central Market, etc.

7 Makara District is the smallest administrative area in Phnom Penh, and it is also the most distinctive and prosperous area in Phnom Penh, where most traditional Cambodian businesses gather. Wholesale and retail are relatively developed, the flow of people is quite large, and the Khmer culture is strong. It is the most comfortable living area for Cambodians.

Toul Kork district is a developed district later than other core areas, and the level of liveliness is not as lively as the Chamkarmon, Daun Penh and 7 Makara, but it is known as the rich district of Phnom Penh. This area gathers a large number of high-ranking officials and business elites, and townhouses gather together. It is known as the wealthy area of Phnom Penh and is an ideal living area for many people.

The four core areas of Phnom Penh are favored by homebuyers. There are a large number of newly built buildings, rich types of properties, and greater options. Let’s take a look at below choices:

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