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Map of Prince Modern Plaza

1 Bed, 1 Bath Condo for Sale in Prince Modern Plaza

Prince Modern Plaza

$88,888$1,852per m² gross21% under the district's rate per m²

Listed 4 years, 4 months agolast updated 3 years, 6 months agoworth asking whether it is still availableReady to Move In

1 bedroom1 bathroom48 m² floorFloor 13Completed 2020

From the agency

About this property

Best-Offer One Bedroom Condo For Sale in Prince Modern Plaza (Chamkarmon Area)

*Description: -House Title: Hard title -Unit size: 48.07 square meters -Price for Sale:$88888 -one bedroom -one living room -Kitchen -Bathroom -Balcony -Floor: 13th floor -With whole set home appliances and furniture -There are many shops and a big mall downstairs and it is located in the Tonle Bassac area which is in commercial area its also nearby Prince supermarket, international school, hospital and gas stations. -Location: Prince Modern Plaza Project, Preah Norodom Blvd(41), Tonle Bassac, Chamkarmon, Phnom Penh.

Market intelligence

Where this home sits

From the 281 Apartments and Condos for Sale in Tonle Bassac on the market right now

Asking pricehigher than 15%

cheapest heredearest here

$88,888 against a district median of $188,333. The middle 60% of the 277 Apartments and Condos for Sale in Tonle Bassac that publish a price ask between $100,000 and $341,000.

Spacelarger than 23%

smallest herelargest here

48 m² — larger than 23% of the 216 Apartments and Condos for Sale in Tonle Bassac that publish both a price and a floor area. Of the 277 that publish a price, 61 publish no floor area at all. The median is 77 m², and the largest tenth start at 171 m².

$188kDistrict median
$2,345Median per m² here
$1,852This home per m²

Per square metre this home works out at $1,852 against a district median of $2,345, which is above 27% of the 216 Apartments and Condos for Sale in Tonle Bassac that publish both a price and a floor area. That is 58 of them asking less per square metre than this one, and 157 asking more.

Price per m², against the district

Every figure here is an asking price divided by a floor area, across the 216 Apartments and Condos for Sale in Tonle Bassac that publish both.

The cheapest quarterthe 25th percentile$1,808/m²
This home$88,888 over 48 m²$1,852/m²
Typical herethe district median$2,345/m²
The dearest quarterthe 75th percentile$2,969/m²

The wider market

The same measure — asking price divided by floor area — across this district, the one above it and the city.

Phnom Penh1,605 of 2,126 publish a floor area$1,789/m²
Chamkarmon285 of 388 publish a floor area$2,149/m²
Tonle Bassac216 of 281 publish a floor area$2,345/m²

277 of 281 listings carry a price · the per-m² figures use the 216 that also publish a floor area; 61 publish none · These are asking prices on live listings, not sold prices — Cambodia has no public record of what homes actually sell for · See all 281 in Tonle Bassac →

The home

What this offers

Project Highlights

High Return YieldBrand DeveloperHigh Appreciation ValueProject Complete

Property Features

Air ConditioningBalcony

Amenities

Car ParkingCommercial areaLift / ElevatorNon-FloodingSwimming Pool

Views

City Views

Security

Gated Community
Property typeCondo
TitleHard Title
Property ID210778
Listed4 years, 4 months ago
Updated3 years, 6 months ago

The neighbourhood

Location

Prince Modern Plaza

Tonle Bassac

District guide

Tonle Bassac

Across every residential property in this area, not only this kind. The ranges are the middle 60% of asking prices — the same measure the market figures above use, over a wider set.

The money

Plan the purchase

Typical bank terms to start from — drag them to your own

$26,666
9%
7 yrs
$1,001a month over 7 years

An indicative repayment at the deposit, rate and term you set here. It is not an offer, and it leaves out bank fees, insurance and transfer tax.

If you let it out

What it might earn

Gross yield on the asking price, using the median asking rent of comparable homes

7.4%gross yield a year
Median rent for 1-bedroom homes of 36-60 m² in Tonle Bassac$550/mo
Against an asking price of$88,888
Comparable rentals counted429
Against a repayment of$1,001/mo
The rent would cover54.9%

Gross means before service charges, tax, agency fees and empty months — a real net figure is lower. These are today's asking rents, not signed leases.

The repayment follows the sliders above; the rent does not. Both figures are before costs, so the real shortfall is wider than the two of them make it look.

Keep looking

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$88,888