Project name
North Park Condominium
Property rights
hard title
Property type
Apartments
Decoration
Exquisite
Address
Cambodia Phnom Penh Sen Sok Tuek Thla 2004 Road
Developer
Royal Group
Opening time
2018-09
Delivery time
2020-11
【Project Description】
The project is the last remaining piece of land in the North Bridge International Living District. Three residential buildings are developed. Building C (118 units) has been sold out. 74 sets in Building B, 118 sets in Building A.
Of the 14 hectares of land, only 0.14 hectares will be used for the construction of three apartments, the floor area ratio is only 1, and each building has only eight floors, and the number of apartments is only 200.
Delivery date: November 2020.
The project has a complete range of internal facilities, including a large swimming pool on the first floor, a large fitness center, an outdoor dining area, etc., which are integrated with the large park in the North Bridge International Living District.
【Project Location】
The project is located in the core area of Phnom Penh, just right, between the city center and the airport, the secondary main road 2004 Road, with a noble living circle, to meet the needs of the elite, RoyallMall in front of the house has opened a Cambodian country club.
North Bridge International Apartment is located at the junction of 2004 Road and Hanoi Road. It is close to Cambodia Mekong University in the north, two international schools (North Bridge International School and CIA First International School) in the south, and it is only 10 drive from Phnom Penh International Airport to the west. Next to the Royal Mansion ORKIDE.
【Surrounding Facilities】
The only "school district" equipped with a top international school.
Northbridge International School was developed by Lord Chen Fengming and is one of the more than 40 international schools in the world under the Nord Anglia Education System. It is a holy place in the education circle of Phnom Penh.
Royal Group has built an area next to North Bridge International School into the North Bridge International Living District. The area is a unique large-scale green plant coverage area in Phnom Penh, a low-density residential area and a large number of tenants.
The project is 6 kilometers away from the Phnom Penh Independence Monument. This is the location of the only country club in Phnom Penh (equestrianism, entertainment, etc.) and a concentrated area for the wealthy.
【Project Adventage】
The only school district in Phnom Penh: One-fifth of the graduates of Northbridge International School enter the top 30 universities in the world.
The international community with the lowest floor area ratio in Phnom Penh: 14 hectares of land, only 0.14 hectares are used to build three apartments.
The most supportive community in the entire Phnom Penh rental market for villas: 42 long-term rental apartments + 12 full-year rentals. The demand exceeds demand and the rental level is much higher than that of the surrounding areas. It is estimated that the rental return rate of the project will exceed 8%/year.
The growth rate of real estate sales in Cambodia is 7% per year, and the rental return rate is very impressive, stabilizing between 5-8%, and in some places it can reach 10%.
【Room Type】
2 bedroom type 90-100 sqm
3 bedroom type 100-110sqm
studio room
one bedroom 40-70sqm
出租回报率高,42套长租公寓+12套别墅常年满租,供不应租,租金水平远高于周边,预估租金回报率超8%/年;租户户一般是国际学校的学生和家长,企业高管及大使馆官员等高净值国际家庭。
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定金3200美金,定金不可退;签约后首付30%,剩余部分前5月每月5%,后3月每月10%,交房付尾款15%。
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How can I know more about this property?
Hello! You can click on "IM Chat", "Call", or communicate with the broker online through Telegram or WhatsApp.
What is the price of North Park Condominium?
Hello! Currently, the unit price of North Park Condominium project is $2,552/㎡ ~ $3,512/㎡. 1Total price of room type$111.75K/Unit ~ $174.74K/Unit;2Total price of room type$283.79K/Unit ~ $329.72K/Unit;3Total price of room type$408.91K/Unit ~ $643.75K/Unit
What types of units does North Park Condominium have?
Hello! North Park Condominium has 1To3 bedroom units, 1Residential area is approximately39.2㎡ ~ 64.2㎡;2Residential area is approximately67.4㎡ ~ 129.2㎡;3Residential area is approximately124.5㎡ ~ 183.3㎡
What are the features and facilities of North Park Condominium?
Hello! North Park Condominium has Garden,Swimming Pool,Gym etc.
Is North Park Condominium an existing project or not?
Hello! North Park CondominiumIt is not a pending property,Delivered on 2020-11.
Who is the developer of North Park Condominium?
Hello! Royal Group is the developer of North Park Condominium.
Is the North Park Condominium project well-decorated?
Hello! North Park Condominium Yes well-decoration.
Is North Park Condominium project provide a hard title?
Hello! ProjectNorth Park Condominium Yes provides hard title.
All the listing and price, rental all provide by global developers/ real estate agents/agents, or the listing located country website and real estate date. Previous data does not represent future trends, previous date does not constitute a guarantee for future data performance, and is for reference only.