Compass Real Estate > Cambodia Real Estate Information > Others > In the era of rapid development, the city center is king! The first choice for real estate investment in Koh Pich

In the era of rapid development, the city center is king! The first choice for real estate investment in Koh Pich

2023-06-06
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Summary:As the main residential and commercial area in Phnom Penh, Koh Pich gathers prosperous facilities such as river views, commerce, schools, and parks, creating a high-quality living circle by the river. The four projects of Diamond Bay Garden, The Elite Town III, The Elysée, and Two Rivers Residences are all on sale now, whether it is self-living or investment, you can choose high-quality apartments, commercial houses or high-end villas here.

The central area of the city is like the heart of city, and the most important of residential value has always been the location.

Why are houses in the center of the city so popular? Because they have a superior geographical environment, Gathering the city's positive policy development, mature supporting facilities and high-quality life. The location and facility functions complement each other, fully combine the prosperity of the city with the livable life to achieve a place with high living value.

Phnom Penh is the leader of Cambodia's economic development. As the context of urban construction becomes clearer, the population grows rapidly, the infrastructure construction continues to improve and upgrade, the urban expansion of Phnom Penh, and popular landmarks continue to emerge, where is the first choice for real estate investment?

City Core of Koh Pich- see the extreme

Since 2000, the population of Phnom Penh has doubled, from less than 1 million to more than 2 million today, this population growth momentum has also led to the expansion of Phnom Penh. From the city center to the surrounding districts, more and more land is developed and built. In the past 20 years, the urban area of Phnom Penh has nearly tripled. According to the 2035 master plan of the capital Phnom Penh, Phnom Penh will continue to accelerate its expansion.

In the current Phnom Penh, five old districts in the city center - Doun Penh, 7 Makara, Chamkarmon, BKK and Toul Kork are embedded in the Ring Road No. 1, and continue to play their values in terms of administration, business travel, culture and education. 

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Among the five districts, Koh Pich (Diamond Island) lives up to its name, shining like a diamond in Phnom Penh!

Koh Pich was developed and transformed in 2006 by Overseas Cambodian Investment Corporation (OCIC). It is the first successfully developed satellite city in Phnom Penh.

Diamond Island adopts a scientific and advanced regional planning concept, with complete power supply system, underground drainage system, and no exposed pipelines... In terms of architecture, it mainly focuses on high-end commercial and residential properties. With the diversity of housing, it can greatly meet the needs of the increasingly dense urban working and living groups, and has become a model for smart new city and wealthy area in Phnom Penh.

The top supporting facilities that have been implemented are also one of the highlights of Koh Pich, such as The Korean Embassy, Convention and Exhibition Center, Koh Pich Theater, Wedding Hall, Canadian International School of Phnom Penh (CIS), French International School of Phnom Penh (EFI), etc. In addition, the west side of Diamond Island are the Independence Monument, AEON Mall, Nagaworld, Sofitel Hotel, etc., which allow you to enjoy various high-end living resources exclusively.

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The unique location where the three rivers meet, the advanced planning and the top-facilities make Koh Pich a natural winner at the starting line.

Self-occupation + investment - the more possible

Brand real estate companies such as OCIC, Prince Real Estate Group, Morgan, Meridian International Holding, and MESONG have all invested in this prime area of Koh Pich. Among them, OCIC, as the developer of Koh Pich, has a deeper interpretation of the texture of this area. Projects such as The Elysee (Little Paris of Phnom Penh), the Elite Town (high-end shophouse Community), Diamond Bay Garden (the luxury river view condo), and Two Rivers Residences (Deluxe Riverside Villa lots) are all from the hands of OCIC, providing a wide range of property types for high-net-worth individuals to have more investment and home purchase options.

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▌Diamond Bay Garden

Diamond Bay Garden is a high-end apartment project developed by Diamond Bay Garden Co.,Ltd (an affiliate of OCIC) ,it is located at the northern end of Koh Pich, guarding the golden position of the bridgehead of Diamond Island-Norea Island Bridge, with panoramic views of the Mekong River, Tonle Sap River and Bassac River. The project consists of three high-rise buildings, boasting 39 floors each, and there is a Sky Bridge on the 37th floor that connects all three buildings, becoming one of the facades of the Koh Pich skyline.

Diamond Bay Gardens aims to redefine a new riverside lifestyle that combines elegance and natural beauty, and pays great attention to quality in the construction of the project. It is equipped with a Boutique lobby with state-of-the-art security and concierge, resort-style swimming pool, state-of-the-art fitness and yoga center, luxurious sky bar on the top floor and a sky garden of more than 1,000 square meters, which are good places to enjoy life and relax; at the same time, there is also a commercial area on the ground floor, making residents' life more convenient.

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▌Elite Town III

The Elite Town III, is an upscale shophouse project developed by OCIC in 2015. Since this project is close to two major international schools, it is very popular among the expatriate community in Phnom Penh. 

The Elite Town III covers an area of about 30,000 sqm, consisting the products of 5.5-storey residential and commercial buildings, with the Western architectural style. The macaron green wall and the sapphire blue roof make the buildings look fresh, comfortable and exotic.

 At the same time, the buildings have a private underground parking and elevator, and each floor has both commercial and accommodation functions. 

There are coffee shops, bars, fruit shops, supermarkets etc. in the project, which has formed a charming commercial Community.

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▌The Elysée

The construction of the Elysée was inspired by the Champs-Élysées street in Paris with its own replica of the Arc De Triomphe right in the middle of the development. Therefore, the Elysee is also known as "Little Paris in Phnom Penh".

The Elysée is a large-scale commercial project on Koh Pich City, covering an area of more than 75,000 square meters. The project is divided into 6 phases, featuring luxury specialty shops, hotels, cafes, western restaurants, etc.

At present, the Elysee Palace has attracted a large number of middle and high-level business people to live here, and it is also one of the must-see spots in Phnom Penh.

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▌Two Rivers Residences

Two Rivers Residences is the first luxury project located side by side Bassac Rivers bank at the southern end of Koh Pich area. It is divided into 2 main phases: First Phase consisted of 19 villa lots and 33 units of land for commercial unit. The Second Phase, is the designated area each of the individuals to design and build their dream home within the idyllic view of the river.

At present, the lands of the Two Rivers Residences project are on sale. Owners can build villas according to their favorite style after purchasing land, and shophouses can also be built on the part facing the street. The minimum building height is 18 meters and the highest is 36 meters.

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As the main residential and commercial area in Phnom Penh, Koh Pich gathers prosperous facilities such as river views, commerce, schools, and parks, creating a high-quality living circle by the river.

The four projects of Diamond Bay Garden, The Elite Town III, The Elysée, and Two Rivers Residences are all on sale now, whether it is self-living or investment, you can choose high-quality apartments, commercial houses or high-end villas here.


Choosing Koh Pich in Phnom Penh is to choose quality living assets of the city!


More details about Koh Pich: https://www.compass.com.kh/kohpich/?lang=en

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Disclaimer: The re-forward articles on Compass website are for the purpose of conveying more information, and it does not mean that the Compass website agrees with its views or confirms the authenticity of its content. Article noted as "Source: Compass original", please note that the source from Compass. The content of the article is for reference only and should not consider as investment advice, and it does not mean that Compass agree with its views.

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