Four real estate projects for sale in Cambodia in February 2020

According to Compass statistics, there will be 4 new real estates entering the market before February 2020, including World Center, The Hexa, Phnom Penh Galaxy Garden, and Golden International. The real estates are located in the urban area of Phnom Penh. Most of the units are small size units.

Introduction of four projects for sale in Cambodia

From a regional point of view, the new projects are distributed in Chamkarmon District, Sen Sok District, and Russie Keo Districts in Phnom Penh. Chamkarmon is the most core residential area in Phnom Penh. The newly-introduced property World Center is located in the core, convenient transportation, complete facilities, and obvious location advantages. The potential forest area, the project is close to the airport, relying on transportation advantages to develop, at the same time, the unique architectural design became famous on the internet. The Hexa is located at the junction of the district of Russie Keo and Toul Kork District, is at the core of the new area for future development, Convenient transportation, driving into the city is convenient.

From the perspective of property types, there are various types of real estate. Although apartments, office buildings, townhouses, and shops are all involved, apartments are still the main type. Each project is fully furnished, with parking facilities, a coffee shop, a gym, a swimming pool, and a bar on the top floor. The residence is comfortable and convenient.

From the perspective of price, first of all, the location determines the price. The core area of the city where the world center is located, the residential land in the area is scarce. Of course, the price is the most expensive, and the price is ＄ 2500 / ㎡. Secondly, the two newly launched properties in SenSok District, Phnom Penh · Phnom Penh Galaxy Garden and Golden International prices are $ 1,650 / m² and $ 1,280 / m² respectively. According to the current housing prices in the area, the prices of the two properties are not high. Is very competitive. Finally, the project price of The Hexa in Russies Keo District is the lowest among newly-listed real estate. Although the location advantage of this project is not obvious, the advantage of zero down payment to enjoy the high rental of 10% per year will attract many investors.

From the perspective of unit floor types, the projects are mainly investment small units, and large units have less options. The most prominent is The Hexa. The area of the apartment is 24.7-67.7㎡. The minimum size of the 1-bedroom apartment is 24.7㎡. Businesses have not neglected the demand for improved high-quality housing, and the World Center located in Chamkarmon District has also launched an exquisite 3-bedroom 103m2.

World Center

Project highlights: The total construction area is approximately 247,000 square meters, consisting of 4 apartments. It is a comprehensive building integrating hotels, commerce, living and cinema, and it is also the largest urban complex in the region. The project is located in the core area, with convenient transportation, and is close to hospitals, schools and shopping centers.

The Hexa

Project highlights: It covers an area of 1578 square meters, mainly apartment and office building. The interior of the project is fully equipped, including parking lot, cafe, shared office, gym, swimming pool, top floor bar and other facilities. High return on investment, up to 14%.

Phnom Penh Galaxy Garden

Project highlights: The total construction area is approximately 91,458 square meters, covering an area of 5,000 square meters. The project introduces the concept of "singapore smart ecological city" and constructs a French architectural style. And it build a roof garden terrace and glass plank path.

Golden International

Project highlights: The project covers an area of 10,492 square meters. The project will be built in two phases. The first phase consists of 28 townhouses and 5000 square meters of commercial space, and the second phase consists of 2 864 high-level apartments. The project is located next to Phnom Penh Airport and is located at the intersection of the “New Phnom Penh Economic and Trade Development Zone” and the “Pan-Asian Railway Economic and Trade Planning Zone”. It enjoys the dividend of people, logistics and business flow brought by the three economic and trade zones.