Compass Real Estate > Cambodia Real Estate Information > Rent&Buy > Recommend! 5 luxury condominiums of brand developers located in Phnom Penh's CBD you should know

Recommend! 5 luxury condominiums of brand developers located in Phnom Penh's CBD you should know

2021-08-05
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Summary:When it comes to buying a home, you must not only choose a good location and assess the advantages of buying a home, such as the rate of return, but you must also choose a reputable developer!

These days, real estate in Phnom Penh is developing at a rapid pace. Therefore, before buying real estate, you can not only choose a suitable location and examine the advantages of buying a property such as the rate of return, but you must also choose a reputable developer! Large developers have a strong overall brand and financial strength, and they are unlikely to have problems. Furthermore, houses built by large developers will be more secure than houses built by small developers due to their branded construction quality, outstanding interior design, extensive supporting services, and anti-risk skills. So, today, Compass Real Estate will show you which brand-name luxury apartments are available in Phnom Penh's central business district?


1. Phnom Penh Galaxy Garden

Phnom Penh Galaxy Garden is a new apartment project located in the “New Phnom Penh” Sen Sok district. The project was developed by JINGDI Group, which has more than 20 years of real estate experience in China, and prospective buyers can feel secure to invest in the project. 

The project is scheduled to be delivered in May 2023, divided into two different apartment types: the single bedroom is between 46-61 square meters; the double bedroom is between 84-149 square meters, with the starting price of $1,550/㎡. The installment down payment ratio is 10%, the price starts from 70,000 US dollars, and the longest installment is 36 months. The project not only has a low starting point for the total price, and the average annual rental return rate can reach 6%, which can easily achieve long-term stable returns!

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In the surrounding area of Phnom Penh Galaxy Garden, there are high-end facilities such as Aeon Mall 2, Chip Mong Mall, Makro Supermarket, Australia and other international schools, Grand Phnom Penh Golf Course, The Premier Wedding Center, Global House Furniture City, etc.


2. Morgan EnMaison

Morgan EnMaison is a project developed by Morgan Ford that has been established for more than ten years and is one of the mature comprehensive real estate development enterprises in Cambodia.

Morgan EnMaison is located in the center of No. 88 Mekong Road, Chroy Chongva District. It is only a bridge away from the Royal Palace of Cambodia and the Chinese Embassy. The down payment is only 10%, and it can be done in interest-free installments for up to 4 years, and the remaining 30% of the payment can be paid before the house is delivered.

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The surrounding facilities of the project have many well-known international education facilities, top medical facilities, life and entertainment facilities, and national sports facilities.


3. Borey NADI by GC City

Borey NADI by GC City is the first large-scale high-end residential community and villa community developed by Golden Cambodia Century Group with rich real estate experience and business chapters in Southeast Asia. It integrates a landmark combination of residential, commercial, leisure, and park facilities.

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The project is located in Chroy Chongva District. With many convenience facilities in this area, residents can enjoy exclusive social facilities in high-end clubs, such as swimming pools, gymnasiums, children's playrooms, games rooms, coffee shops, and multi-function halls. In addition, the area also has strong regional supporting facilities, high-end medical and educational resources. The project is currently a Nearly-Done house and will be handed over in December 2021. The down payment is only 5%, and the installment payment is $5XX/month with no interest.


4.Silver Town Metropolitan

Silver Town Metropolitan was developed by Naki Group Co., Ltd, which specializes in providing high-end first-class service real estate projects. The project is located in BKK1, the core business district of Phnom Penh, and has an apartment building with 14 floors and 110 apartment units. Within 5 kilometers, there are several national embassies, state-level administrative agencies, shopping centers, and also comprehensive markets, medical centers, universities, and international schools, as well as many financial institutions and bank headquarters.

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The apartment is a well-decorated existing house, which can be directly checked in. There are 3 different apartment types: 1-bedroom (area between 38-59 square meters), 2-bedroom (area between 85-100 square meters), and 3-bedroom apartments with an area of 123 square meters. The price is only $2300/㎡, the down payment is 10%, and you can enjoy 3-5% discount. The rental return rate of this lot is about 6-8%, and it is also one of the highest rental rates in Phnom Penh.


5. The Peak

The Peak is located in the central area of the edge, Chomkarmon, Tonle Basac, adjacent to the riverside road, sitting on the crossroads of the city. The project developer-Howley Bridge is a joint company by Singapore-listed company Howley Holdings with Cambodia's local World Bridge Land, and its first commercial-residential complex project was The Bridge which is successfully launched in 2018.

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Different from the projects described above, the special feature of The Peak is that besides one to three-room units, the project has four-bedroom units, which can meet the needs of all kinds of people. The price is 3,400/㎡, the down payment is 50%. Buyers will enjoy a rental guarantee of 12% of the net rent for 2 years. In addition, the project is equipped with a swimming pool, gymnasium, yoga room, function room, steam room, children's play area, gourmet food, indoor poolside lounge, outdoor pavilion, and other recreational facilities.


Editor: Vouch Ly         Chief Editor: Sunnie         General in Chief/Executive Producer: Nicole         Translator: Malinda


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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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