Marvelous Baoli Mansion project rise up in smallest district

Khan 7 Makara is one of the central districts in Phnom Penh, the capital of Cambodia, located to the north of Olympic Stadium of the city. Khan 7 Makara is one of the smallest districts of the area, with a few residential districts and a few important highways passing it by. There is a college and a few small shopping zones located in the district.

Since Its prosperity become rise day by day, many real estate projects have appeared in this amazing place. Now, we would like to introduce one of project in 7 Makara district, it called Baoli Mansion.

【Project Description】

The Baoli Mansion project covers a total area of 7,500 square meters and is developed and constructed in three phases to create a high-end integrated residential, office, and commercial format. The total building area is about 160,000.

The first phase is a four-star hotel and high-end apartments, the second phase is a high-end commercial office building with a total construction of about 90,000; the third phase is an urban shopping complex with a total construction of about 30,000.

The total construction of the first phase of the apartment is about 40,000 square meters; it will open in May 2018 and is expected to hand over by the end of May 2020.

There are 644 apartment units, 240 car parking spaces, and 540 motorcycle spaces. A total of 30 floors, 28 floors above ground and 2 floors underground.

From 1^st F to 6^th F are shops and supporting floors; the second to fifth floors are 5.4 floors, of which the second and third floors are parking lots, the fourth and fifth floors are commercial; the sixth to second floors (apartments Floor) level 3.2; basement level is about 3.3m.

The second phase of Baoli Mansion will build a top private clubhouse, sky swimming pool, sky bar, sky fitness center, conference hall, banquet room, coffee shop, large shopping mall, 24-hour convenience store, spa health club, and international food and beverage. It is a real luxury landmark.

【Project location】

The project is located in 7 Makara district of Phnom Penh, only more than a hundred away from the entire Cambodia’s political center-the Prime Minister’s Office, the Ministry of National Defense, and the Gendarmerie Command, close to the embassies of various countries in the world where the high-level meeting here is the absolute core of Cambodian politics.

(Peace Palace)

The Russian Blvd where the project is located runs from east to west, and the Monivong Blvd runs from north to south. It is a fortress leading to various districts. There are also Kampuchea Krom Blvd, Monivong Blvd, Preah Sihanouk Blvd, etc., which gather the most important political roads in the urban area of Phnom Penh.

(Railway Station)

There are the Central Market and Sorya Super market around the project. The Central Market is a must-visit place for foreign tourists, and Orussey Market is the local "stall". As a distribution center for local wholesale, retail, and regular shopping, merchants are in an endless stream.

【Supporting Facilities】

Gathering of political and business: the Prime Minister's Office, the Ministry of National Defense, the Ministry of Information, the Ministry of Industry, ANZ Bank, Anda Bank, Canadia Bank, Bank of China and other top political and business departments are gathered around 2 kilometers.

Gathering of prestigious schools: Royal University of Phnom Penh, University of Economics, University of Health Science and Technology, Singapore International School, and Wisdom University are surrounded around 3 kilometers.

Surrounded by business districts: Central Market, Orussey Market, Sorya Supermarket, Parkson Shopping Mall and other large-scale commercial centers, so you can enjoy the city's sophisticated facilities.

【Project Benefits】

Excellent location: 7 Makara District, Phnom Penh. The Cambodian Prime Minister's Office and the Ministry of National Defense are home to Cambodia's national political, financial, and commercial center, as well as a popular tourist attraction in the world.

Unit advantages: large space and large layout, with a housing rate of 76% far exceeding the surrounding high-rise standards. Fully furnished and comfortable space, freehold property, suitable for rent and sale out.

High returns: The supply of new housing in this area is extremely scarce, far from meeting the market's rental demand. The rent for one room in the surrounding new houses is generally around US$900-1100, and the rent for two rooms is generally around US$1,500.

【Sales Information】

The project is currently on sale in Zone A, the apartment types are: 45㎡~57㎡ one bedroom; 105㎡ two bedrooms; average price 2300-2800 $/㎡.

Hotel category: (6-12 floors) 10 years charter, the first 5 years of rent back 8,000 US dollars per year, after 5 years, the developer will provide repurchase services at 120% of the purchase price. If you continue to charter for 5 years, 70% of the hotel’s operating profit will be shared.

5% off for one-time payment, 2% off by installments, and rent back in the first year can be directly deducted from total price.

Apartment category: (from 13-28F) leaseback rate is about 8% per year for 2 years of charter, which can directly deduct 16% of the total housing price; option for non- chartered rent will give 12% of house purchase discount.

Customer will get 5% off for one-time payment and 2% off for installment, and 12% off for non-chartering .

【Payment Information】

*Installment payment 

1: After the contract is signed, buyer will pay 30% for down payment. The project reaches 10 floors, customer will 30% more of the housing price. Upon completion of the project, other 30% of the housing payment will be paid. When developer handing over the house, pay 10% of the house price.

2: When the contract is signed, customer will pay 30% for down payment; the remaining 3% of the house payment will be paid on average every month, and the entire balance will be paid when the house is delivered.

If you are interested on Baoli Mansion Project, please feel free to contact Compass Advisor to get discount in advance. 

Author/Nea

Compass Original