Sky Tree Condo, high-end condominium project in Russei Keo

Russey Keo, also spelled Russei Keo, is a district in the municipality of Phnom Penh, Cambodia. This district consists of the northern and north-eastern outskirts of the main city of Phnom Penh, stretching from Khan Sen Sok in the west to the Tonle Sap River in the east.

Currently, many Real Estate expert notice that Russey Keo has great real estate potential similar to Toul Kork or Chroy Changvar area.

In the past few year, High-rise residences and mixed-use complexes seem to be the focus in central districts like Chamkarmon, Daun Penh and Prampi Makara. In Russey Keo, however, boreys and towers are being targeted. Indeed, developers seem to be using the corridor along National Road 5 and along the river for some major new projects. Although, these situations used to happen in Russei Keo, time has changed already. Many Condo projects have rose up in this district, it wouldn’t scarce as before.

As you can see Sky Tree Condo is a project among all projects which located in this area. What is the information of this area? And what is the project benefit after you invest? Let go to explore together. 

【Project Description】

Sky Tree Condominium, in capital Phnom Penh, Cambodia, consisting luxury condominium, serviced apartments and Hotel management, is developed by J & L Development Company. SKY TREE will provide a first-class top quality residential building in centre of the capital Phnom Penh, with a realistic and affordable pricing strategy.

Sky Tree Condo is located next to the Special Economic Zone of the Prime Minister's Office in center of Phnom Penh capital, covering an area of approximately 8,649 square meters and a total construction area of approximately 142,402 square meters. It is a 32-story comprehensive residential building which integrating with hotel, residential, retail and business centers.

The project consists of 3 buildings, A and B, which are residential apartments. The unit types are about 80-173 square meters that have from one to three bedrooms. The units are transparent, with good lighting and ventilation, 180° invincible panoramic view, 7 square meters balcony which customer can enjoy view of city. In addition, it can be used as self-occupation and investment. Building C will build for 4-star hotel with a total of 600 rooms.

Building A will be delivered in October 2019, and Building B will be delivered in February 2020.

Sky Tree Condo has dedicated itself to building the 140,000-square-meter chief international garden in Phnom Penh, equipped with Wanfang commercial facilities, come with Five-star lobby lounge. There are also ELT international school educational resources nearby.

【Project location】

Sky Tree Condo is located next to the Prime Minister's Office. It seats on the corner of the Russian Boulevard and the most prosperous Monivong Boulevard in Phnom Penh. It enjoys the capital development dividend. It is adjacent to the International Embassies Zone to the south and adjacent to the key construction of the PPCC New City. It takes 3 minutes to reach the Phnom Penh CBD and 15 minutes to drive to the airport.

Regarding the prosperous development of the Special Economic Zone, companies from all over the world are struggling to invest and purchase properties. Indeed, Sky Tree has great potential for value-added.

【Supporting Facilities】

The project is equipped by a customer service reception center, gym , swimming pool, entertainment area, concert hall, sky garden, apron, security monitoring center, etc.

Within 1Km, there are the largest department store in Southeast Asia- Parkson Mall, Japan's AEON Mall 2, Five-star Raffles Hotel, the Prime Minister's Office and the Ministry of Defense.

The project radiates international education in the wealthy area, and is only 1 km away from the American International School. It provides professional international IB curriculum education international support. IB high school graduates can apply for Ivy League schools based on their scores.

【Project Benefits】

It is located in a prime location, the political and economic special zone are next to the Prime Minister's Office, 15 minutes to the airport, number of sophisticated high-end facilities of Phnom Penh, are within 1 kilometer.

If you buy condo from Sky Tree Condo, you will get freehold property rights and hardcover existing houses which can be used for self-occupation or investment.

Developer will provide charter and rental return rate which mean, if you pay with one-time payment, developer chartered for 2 years, rental return can reach 8% per year. Moreover, you can pay by installed in 1 year.

【Household Planning】

Type A: 80.28/83.32㎡ with one bedroom and two living rooms, low total price, best choice for investment.

Type B: Two bedrooms and two living rooms with area of 117.18 square meters, light luxury and comfortable suites.

【Payment Method】

The project offers flexible payment methods and unprecedented discounts which is easy for customer.

It provides 3 types of discount. First, when customers pay in lump sum payment, they will get 9% off in total price. Second, when customers pay half in installment, they will get 3% off. And last one is when buyers pay in installment, they will get no discount with no interest fee for 1 year.