Prampir Makara(7 Makara) is the smallest district among 14 districts of Phnom Penh capital. When viewed on a map, it right in the center – making it the geographical heart of the capital.
The district is home to Olympic Stadium, O’Russey Market and the Borei Keila gated community. It is also the location of Cuba Embassy and the German Embassy. International and local F&B outlets, retail stores, and coffee shops are available.
At the core of the area is the National Sports Complex and Olympic Stadium and the new The Olympia City development. This huge complex hosts many of the national Cambodian sports and has several malls attached.
Due to its location, several important roads intersect or pass by its borders, making it easily accessible to all parts of the city.
Among the four districts, located in the center of Phnom Penh, 7 Makara district is seen as the area of diversified businesses of all kinds, but experts have stated that in the property market this quarter price is lower than Other areas.
There are many famous places in this district, such as Bac Touk Primary School and High School, PPIU University, Orussey Market (Traditional Market), Olympia Shopping Mall. Noro mall Shopping Mall, Olympic Stadium, 7 Makara administration, Ministry of National Defense, Ministry of Rural Development, Ministry of Tourism, Health Center, Hospital, Pagoda, etc.
In addition, great news was released by General Department of Taxation which stated that capital gains tax was postpone to 2022. After we know about the prosperity of 7 Makara district, Compass website would like to introduce Olympia City project to users and investor about existing project, was developed by brand developer which has appeared in this small district and easy to rent out.
【Project Description】
Olympic City is located in the commercial center of Phnom Penh, and it has cost hundreds of millions of dollars to invest in development. Integrating residential apartments, commercial office buildings, serviced apartments, Olympia Plaza Hotel and Olympia Towers.
As the focal point of the Olympic City, the first phase of the project includes apartment complexes and a 7-story Olympic Plaza supermarket. The first phase of the project will contain buildings with 50-60 stories above that will be completed by 2018, when they will become a new landmark in Phnom Penh.At present, Olympia City has proven to be one of Cambodia's most successful real estate projects.
【Project location】
Olympia City is located in the central business district of Phnom Penh, where well-known shopping malls are gathered and the traffic is convenient, especially suitable for walking and shopping.
Hospitals, health clinics, famous international institutions, banks, government agencies, schools and kindergartens are all in sight.
The project has a construction area of 100,000 square meters and belongs to a large supermarket construction project. It is located in the center of Phnom Penh and has institutions all around.
The conception of the project is integrated into the idea of Eastern Fengshui, with the central lines of the upper and lower reaches of the Mekong River as the axis, and the central lines of the Basac River and the Tonle Sap River as the curve.
【Features of Project】
A grand high-end building complex covering 11 acres (44,150 square meters).
It is located near the main roads such as Monireth blvd, with business districts and well-known shopping malls within easy to reach.
Modern glass windows and stylish furnishings are designed to create a residence full of natural light for you. High-end fashion and modern concept shopping environment, experience the latest and most popular shopping paradise. The height and relaxed style of the lobby lounge area makes it the natural heart and soul of Olympia. The lobby lounge is a place to enjoy relaxing time and relaxing conversations with friends, or you can enjoy some extra time with your favorite cold drink on hand. The lounge has comfortable seating arrangements and offers freshly squeezed juices, tea and coffee, wine, beer and cocktails. It is also an ideal place to meet colleagues and business partners.
【Project Advantages】
The price is affordable and the payment method is simple, low down payment and easy loan application. After customer buy, project will guaranteed 2 years which will get 8% in one year during 2years. You can enjoy down-payment of 15% with loan 85% and free interest first year 12months.
Investment returns are rising day by day, and the potential for future increasing is unlimited.
The unique design plan meticulously created by the strong alliance between the capital and foreign companies, combines the sense of the times and the humanity.
Excellent high-quality buildings enhance investor confidence and happiness.
【 Project Planning】
For household planning of Olympia City are 1 bedroom and 1 bathroom is about 49 square meters, 2 bedrooms and 2 bathrooms is about 103 square meters, 3 bedrooms and 3 bathrooms is about 236 square meters and Duplex with 3 bedrooms and 4 bathrooms, size 276.9 ㎡.
Beside you also can enjoy with facilities of project such as swimming pool, gym, lobby, spa, playground, mall and other place to relax your mind.
Author/Nea
Compass Original
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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