Amazing project in Chroy Changva district

Chroy Changvar area along National Road 6A, a major economic corridor connected to major provinces, has become a star in the eyes of investors. The area is busy developing a number of large projects that have turned this popular area into one of the potential new areas of development around Phnom Penh.

Although the construction sector is showing a decrease in the investment capital , many real estate experts claim that it will not be a major problem. For the construction and real estate sector in Cambodia. Experts said that in fact, not only Phnom Penh, which is currently developing, even in some other potential provinces, there is a significant development momentum.

The reason why big investors turn to the development of Chroy Changvar is because this area is very developed, a place with a clean environment, the confluence of the Mekong River and the Tonle Sap River, with a large area of favorable conditions combined with the infrastructure of roads and bridges. It is spacious and has better traffic congestion than the city center.

The Chroy Changvar area is constantly evolving day by day, growing with high-rise buildings, supermarkets, banks, schools, hospitals, restaurants, shops, and many more. Especially in the Prek Leap area. Recently, the entertainment place has moved to this area too. New development in Chroy Changvar is very popular. Today Compass.com.kh will bring you another project which buyer will pleased with its price, increasing and income in annual year.

【Project Description】

Morgan Enmansion is about 400,000 square meters, and the first phase is planned to be 1,412 units, with a total of 4 types of hardcover units, including suites with an area of 32-57 square meters, one-bedroom area of 43-61 square meters, two-bedrooms area of 87-123 square meters, and three-bedrooms area of 102 square meters.

The project is a riverside complex integrating apartments, hotels, office buildings and shopping centers. It is expected to be delivered in December 2022.

【Project location】

Morgan Enmansion is located at No. 88 Mekong Road, Chroy Changvar District, Phnom Penh, at the intersection of the new municipal business district and the central living area. The surrounding area of the project is a villa area and a commercial center. It is only a bridge away from the Royal Palace of Cambodia and the Chinese Embassy. .

The road planning is regular and complete, and all major roads including Chroy Changvar road, Mekong Avenue, 579Rd, and National Highway No. 6 can be connected to Morgan Enmasion. 

【Surrounding Facilities】

International education facilities: Norton University, Cambodia Royal University of Arts, AISPP International School;

Top medical facilities: Sunrise Japan Hospital Phnom Penh, Gan Mi Hospital in France;

Living and entertainment facilities: Phnom Penh’s largest business district, AEON Mall, Young’s Shopping Center, Parkson Mall, Sokha Hotel, National Theatre, Safari World Wildlife Park, Garden City Aquatic Park;

National sports facilities: Cambodia National Sports Park (the venue for the 2023 Southeast Asian Games).

【Project Benefits】

As a hot spot for investment and a landmark on the Riverside, Morgan Enmasion has a package of 100 billion yuan and a private yacht marina, and there is indispensable room for appreciation. Phnom Penh ranks first in Southeast Asia, with an average rental return rate of 6.92%. As a rare riverfront project, the rental return rate of Morgan Enmasion is definitely much higher than this.

Author/Nea

Compass Original