Parc 21 ResidencePARC 21 Residence is a 21-storey building with a total of 132 residential units with a balcony. Located in Boeung Trabek, Chamkarmon, the project is one of the newest developments in an area already popular with locals, expatriates, and tourists for its many shops and restaurants. Its surrounding vicinity is a mix of central business districts and areas earmarked for massive development in the next 10 years.
1. Prime Location
The Parc 21 Residence is located in the prime area of Boeung Trabek in Chamkarmon, Phnom Penh. This area is in the south-central part of the capital city and is considered a Tier 2 location surrounded by dozens of shopping, food & beverage, and other entertainment spots comparable to popular yet more expensive areas like BKK1 and Daun Penh. This associated lower cost, however, does not mean it concedes vital conveniences like road access.
The Parc 21 Residence is only 2 streets away from the Preah Monivong Boulevard which serves travelers going between the northern and southern areas of Phnom Penh. The project has equally convenient access to the Mao Tse Tsung Boulevard, the biggest road artery between the western and eastern parts of the city. This varied road access allows residents to easily go to key destinations like the AEON Mall 1, Chip Mong Noro Mall, Toul Tompoung (Russian Market), NagaWorld, and the Olympia Mall.
The Parc 21 Residence’s location lets residents be at arm’s length of everything happening in the city without the hustle and bustle of being at the middle of it all.
2. Quality Amenities
The Parc 21 Residence amenities are all located in the rooftop deck. These include an infinity swimming pool, jacuzzi, gym/fitness center, garden, and a skybar - all surrounded by a magnificent view of Phnom Penh’s growing city skyline.
Other amenities and services include: a common area, underground parking for cars and motorbikes, back-up electricity generator, and a property management service. Security in the property is 24/7 with sophisticated fire alarm systems and video surveillance.
3. Suited for families and young professionals, Cambodians and expatriates
The Parc 21 Residence has a total of 132 residential units, each with a balcony and are found in the 2nd floor up to the 22nd floor. The project’s units have 4 different types: three-bedroom and two-bedroom penthouse units, two-bedroom and one-bedroom apartments, and studio units.
Three-bedroom penthouses have an internal area of 211 sqm while two-bedroom penthouses range from 91 to 94 square meters. Its two-bedroom apartments measure 78 sqm and one-bedroom apartments measure 42 square meters. Studio units are also available and measure 37 square meters.
4. The ideal home property investment
The development targets the mid and high-income residents who seek to live in a comfortable atmosphere in central Phnom Penh. The development is also an investment option for the buyer who seeks to invest in the property with a high return rate of the investment.
Expats property seekers, in particular, prefer Boeung Trabek and BKK3 area compared to BKK1 and Daun Penh as it is a more vibrant and mixed community. Most expats in Cambodia, contrary to popular belief, are not wealthy or highly paid, and prefer cheaper rents that cover essentials. As a result, expatriate renters have grown to favor Tier 2 locations for larger sized apartments for sale and rent, and quieter lower rise neighborhoods for their lower associated costs. Boeung Trabek’s increasing popularity in this market is expected to propel this area of Chamkarmon into something that resembles BKK1 as early as 5 years from now.