When we think of Cambodia, we often view it in the eyes of tourist attractions. So instead of being in the mindset of a tourist, why not try Investing? Especially the Chroy Changvar district – the ideal place to invest in 2021.
Since 2010, the political environment in Cambodia has gradually stabilized, and the local GDP has been growing at a steady 7% for the last nine years.
Furthermore, with the completion of the China-Cambodia FTA and the “One Belt, One Road” promotion, the living standard of people have improved, and the real estate market has developed, and the current demand exceeds supply.
Where can you find Chroy Changvar?
Chroy Changvar is located across the river from central Phnom Penh – connected to the centre of the city by a pair of bridges. The Cambodia-China Friendship Bridge and Cambodia-Japan Friendship Bridge were also instrumental in the neighbourhood’s rise, built in the 1960s.
There’s also a bridge to the peninsula farther north in the Prek Pnov area of the capital.
Chroy Changvar district is formed by the Mekong and Tonle Sap rivers and Koh Dach, or Silk Island.
If you wish to drive there, take the National Highway 6A as it runs through the district. The highway provides a direct route to the important provinces such as Siem Reap, Kampong Thom, and Kampong Cham.
What is life like in Chroy Changvar?
Once never known for its food, Chroy Changvar has changed in recent years. With plenty of restaurants alongside the riverside near Sokha Hotel – we introduce the Food Palace, the biggest street food centre in Cambodia. It’s inside the Chroy Changvar Satellite City and hosts over 200 food stalls.
You are provided with choices from many corners of the globe – from Khmer, Japanese, Korean, Thai, Vietnamese and Western food.
While the nightlife in Chroy Changvar is less lively, for those who are seeking it, you can find the most famous once including Dream World KT, Bokor Lounge & Bar, and Spean Meas Karaoke.
What are the opportunities for growth in Chroy Changvar?
The district received major investments such as Borey Sopheak Mongkol – a 45,000 sq.m. mixed-use commercial complex with housing spaces and Mekong View Towers – a 116 unit housing complex with an impressive Skybar overlooking Phnom Penh City.
With the boreys (gated communities featuring a range of housing types) and apartment buildings being sought after, commercial spaces are on the rise.
Furthermore, these new investments cater to the growing number of locals and expatriates living in these communities.
Chroy Changvar still has its share of traditional villas and locally-owned apartments with the biggest attraction of this area being the riverfront views.
Imagine the fresh air coming from your balcony, soothed by the sounds of the river – where else than Chroy Changva?
Introducing the Grand Condo 7
Grand Condo 7 is a modern condominium, built to the standard of new technology with a dash of luxury lifestyle. You can enjoy our rooftop sky bar with an array of delicious food and bask in the view of the Mekong River.
With reasonable price, spacious room, good atmosphere, full of comfort and safety – Grand 7 Condo has many options to meet your needs.
Do not miss out on this opportunity to experience a luxurious lifestyle. Register and get more information about this project!