I've lived in Phnom Penh for 3 months and been to many hotels/guesthouses here (either for a meal, drink, or to use their pool). When people have come to Phnom Penh, I recommend 11 Happy guesthouse to them. It's in a great location, in Riverside, on Street 136. The old address of St 107 is listed, but they moved to their new location on 11 November, 2011.
The new place has a gorgeous rooftop terrace bar/chillout area, with a pool table, computers, and large flatscreen tv to watch movies. The food is really good there and the drinks are relatively cheap (strong too). The bar has a great chilled vibe during the day, and at night the music plays til 2am, so a lot of backpackers drink and party there instead of going out to the expensive bars in Riverside that are full of prostitutes. Also, they don't allow guests to bring back prostitutes, which is great if you don't want to stay in a brothel.
The only downside to the guesthouse is that if you want an early night, you might hear the music, although when I've stayed there with friends, I didn't have any problems with noise, maybe because I was partying there until 2am anyway. Overall, it's great value for money, and a great vibe!
- Happy Hotel Phnom Penh
