Tonle Bassac is a Sangkat (commune) of Chamkarmon District in Cambodia’s capital of Phnom Penh, Cambodia. The area is well known for having a number of embassies and Cambodian government buildings in the area and is popular with expats and locals for offering a wide array of upscale amenities in a small area.
The highly sought after commune has become a hub of development projects for sale in Tonle Bassac over the last decade and its property is among the most expensive in the capital. In 2019, the construction and real-estate sector in Cambodia yielded investment worth approximately $11.43 billion, a 90% rise from 2018.
There is also a mix of high-end residential, retail and commercial properties in this southern central area of Phnom Penh. Just the name ‘Tonle Bassac’ is held with high esteem in terms of a residential address.
In addition to hosting the ever-popular Aeon Mall, the area boasts the massive NagaWorld complex and sits adjacent to Koh Pich (100-hectare area of reclaimed land), one of the fastest rising districts of the capital.