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Houses for Rent at Russian Market (Toul Tum Poung): Renters Guide

Toul Tum Poung — Russian Market to expats — has long been a food and shopping destination for tourists and locals. It has a large centralized traditional wet and hard market that displays a wide range of items like electronics, spices, silk, herbs, motorbike parts, souvenir, food, and many more. It is ideal for people looking to do some serious shopping.

Toul Tum Poung has been one of the four potential residential markets in the Chamkarmon district. The residential market in this area is continuing to move forward and displaying an increase in both local and international buyers and renters.

But if you are considering to rent a property near the Russian market, you may ask yourself what types of housing is available, if the price is affordable, and if it has the facilities that you are looking for are available. Realestate.com.kh is here to answer all your questions.

What types of housing is available for rent near Russian Market?

Houses for Rent at Russian Market include different designs that are just as eclectic as the country’s culture. These include Khmer style properties, mixed-designs, and European-style houses. Mr. Yim Socheath, the director of CDN Property Co. Ltd, said there are three types of houses for rent near the Russian market, these include: flats, villas, and apartment houses. You can find either commercial houses or residential houses in the front streets or the secondary street, respectively.

Flats:

Socheath said there are two types of flats, commercial and residential. For 1 to 4 bedrooms, the rental price is from $600 to $1,000 per month. While the commercial flat will cost around $800 to $1,500 per month. Prices may vary also, depending on the house condition.

Villa:

Some villas near the Russian market can be used for both residence and office space. You can get a four to eight-bedroom villa standing on 15 x 26 meters or 16 x 27 meters of land for $1,500 to $2,500 per month.

Serviced apartments:

Serviced apartments are also widely available in Toul Tum Poung. One-bedroom renovated serviced apartments range from $200 to $400 per month.

Rental prices for a normal three-bedroom serviced apartment will cost around $1,000 to $1,500 per month. One-bedroom units for a newly developed serviced apartment ranges from $350 to $800. For a three-bedroom unit, it will set you back $1,500 to $2,500 for 3, according to Socheath.

quality, rooms, and amenities such as swimming pools, car parks, security, maintenance services, and internets will play a role in price as well.

Why is the area near Russian market good for renting?

Socheath explains that Toul Tum Pong is the most popular area after BKK1 because the cost of living is lower by 30% to 40%.

He also says that many people move to the Russian market area because the quality and standard of life is similar to the one in BKK1. He also believes that in the future, Toul Tum Poung and BKK1 will be the same in terms of residential market.

What does a good rental house look like?

Looking for good house for rent can be difficult, especially if you have a tight budget for your monthly expense. This is why focusing on what is essential matters when you go get rental houses. Once you have the basics, good interior design makes a lot of difference to your rental house. You can play with paint color on walls or window, floors, and furnishes. These are simple solutions you can try.

Are there many amenities near the Russian Market?

The Russian Market is characterized by its diversity. It offers both historical value and modern infrastructures. At the moment, Russian market is also filled with construction of modern establishments.

There are a mix of local and international restaurants such as Long After Dark, Divine Pizza and Ribs, Roots and Burgers, Sesame Noodle Bar, CrossFit Amatak Kettlebell Cafe, and other seafood restaurants. There are also a number of hotels in the area such as the Somet Hotel and Apartments and The Frangipani Living Arts Hotel and Spa. Bars, fitness centre, business centers, medical center, international standard schools,and condominiums are also located around phsar Toul Tum Poung.

In the next 4 to 5 months, brand companies such as Brown Coffee, Starbucks Coffee, and Pizza company will be added into the Russian market area, Socheath said.

Learn more about Toul Tum Poung!

How can you find Houses for Rent at Russian Market?

It’s complicated to look for a rental house in Toul Tum Poung because you’ll need enough time and connections — especially if you’re a newcomer in the city. Generally, there are plenty of ways to find houses for rent near the Russian market. This includes using online search engines, newspapers, magazines, and brokers or agencies.

Socheath advices to rely on a trusted real estate agent to help find the most suitable housing. He continues to explain that it’s good practice to search for real estate agents who are under licensed companies. Using the services is free of charge for the renter, and by arranging several visits in one day, they can really help you to save time.

“We,provide services in a very efficient and trustworthy manner to our clients,” Ms. En Chansreyleak, Sales representative at Yong Yap Properties said. She explains, “We understand the needs of the clients. In addition, we provide counseling and help solve problems they might face during their stay. Honesty and professionalism, this is what you should look for in real estate agents, to help find homes for rent or sale.”

What are you going to spend beyond monthly fees?

If you’re looking for a new house for rent near the Russian Market, it’s also important to consider extra costs you might encounter. Those expenses may include maintenance and utility fees such as electricity power, kitchen gas, internet, and cable.

For serviced apartments, all these fees may be included in the rental fee, except electricity.

An increasing number of housing developments are also popping up around the Russian Market, which is proving very popular with local buyers and renters who are seeking shop houses, villas and apartments with sound infrastructure and a safe, peaceful, neighborhood environment.