BKK3 | Boeung Keng Kang 3
BKK3 Real Estate Overview
Boeung Keng Kang 3 is a very central suburb in Phnom Penh and is bound by the major roads of Mao Tse Toung Boulevard and Monivong Boulevard. This area lies to the West of BKK1 and the North of the Russian Market, very close to the renowned Toul Sleng Museum. It falls under the local Khan of Chamkar Mon and is becoming an increasingly popular area for international expatriates and businessmen to purchase, rent or buy real estate. BKK3 is dominated by both modern and newer flats and villas, as well as the older and more traditional Khmer style flats.
The property choices widen in BKK3 as many of the taller and newer condominium blocks are located here, which lends to finding a home with a skyline view of the beautiful city. This is a major draw to many home seekers, which has added to the increasing popularity of the suburb.
BKK3 Property Trends
The proximity of BKK3 to the well known Boeung Keng Kang 1 enhances the convenience of the area when it comes to schooling, shopping and restaurant choices. There has also proven to be an overflow of home seekers moving from BKK1 to BKK3. New buildings are appearing and businessmen, property investors as well as home seekers are starting to recognise the value of investing in BKK3.
In terms of schooling in BKK3, Modern International School has a campus on street 205. In neighbouring BKK1, Heritage International School, Home of English and Mahasastra School all have campuses. This makes schooling options plenty and an easy walk or commute for anyone living in BKK3.
BKK3 Home Prices
Rentals for flats, villas and houses in BKK3 can range from $450 pcm for a more traditional Khmer style house, to $900 for a serviced apartment in one of the newer and more luxurious blocks. Short term rentals and long term rentals are both available and you are usually required to put down one month rent for deposit.
Purchasing property in this area of Phnom Penh usually starts at about USD 2,000 per square metre. These prices reach USD 2,700 per square metre when looking towards more modern living spaces and villas.
Boeung Keng Kang 3 Community Info
BKK 3 is a great option when looking to rent or buy property in Cambodia’s capital city: it is in close proximity to local markets as well as more modern shopping centres and it boasts some of the best views in the city. The Sky Bar, which is the highest lounge in the city, offers a 360 degree view of Phnom Penh and is a very popular destination for both locals and expatriates.
The Flicks movie house, located on street 95, is highly rated and they show a variety of films: from kids movies to documentaries and box office releases. Other restaurants and bars such as Showbox and Boddhi Tree Del Gusto offer beautiful, lush settings away from the bustle of the city.
BKK3 is an area that is great to explore and has the ideal balance between expatriate living and local Khmer lifestyle. Nightlife is not as ample as surrounding areas, which is similar to the Russian Market. However, great nightlife can be found in most surrounding areas and BKK3’s quiet streets add to the charm of the suburb.
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