The Gateway Cambodia | New freehold Apartment & Grade-A office in CBD
Highlights of Gateway Cambodia:
Low Quantum from USD150K only. More than 50% sold!
Mixed-development with residential units & Grade A office;
Rental Guarantee: 18% (residential) & 24%(office) respectively for 3 years;
Located along Russian Boulevard, main route from airport to CBD;
Near to Parkson Mall & Hilton Hotel.
Top reasons to invest in The Gateway Cambodia:
The Gateway Cambodia is located at the Central Business District (CBD) of Phnom Penh;
Mixed development with shopping, office and residential unit;
Along Confederation de la Russie (Russian Boulevard) which is the main route from Phnom Penh city to airport;
Amenities like shopping malls, stadium, banks, institution, hospital, central market etc can be reached in minutes;
Near CBD, means potential high rental returns and high quality of tenants who work in CBD areas;
Huge potential of capital appreciation for property in the heart of Central Business District (CBD);
Near government offices like Minister of National Defense, Office of the Prime Minister, Offices of the Council of Minister etc that brings tight security to this area;
High quality interior design;
Low upfront cash, deferred payment.
No ABSD, SSD;
Low income tax, low property tax.
The Gateway Cambodia | New freehold mixed development
The Gateway Cambodia is new freehold mixed development in Phnom Penh CBD, along Russian Buolevard. It is development by Singapore Tiong Aik's subsidiary TACC (C.R.) Ltd. The Gateway Cambodia is expected to be completed in year 2019. The residential tower of 26 storeys offers total of 572 residential units from 1 bedroom to 3 bedrooms apartments while the office tower of 24 storeys will offer total 299 units of office space. Besides that, there will be 2 storeys of retails space within this mixed developement.
Residents of the Gateway Cambodia will find themselves living in the heart of the Phnom Penh's Central Business District (CBD) with modern living lifestyle in this new emerging market with lot of opportunities.
TACC (C.R.) Ltd
Phum 10, Sangat Phsar Depo, Khan Toul Kork, Phnom Penh, Cambodia.
No. of Block:
One residential block with sky terrace at 10th storey and one office block.
Aprroximately 6040 sqm.
No. of Unit:
Total 572 residential units:
(1) 1 Bedroom (Type A: 39sqm, total area 52sqm);
(2) 2 Bedrooms (Type B: 65sqm, total area 86sqm);
(3) 3 Bedrooms (Type C: 82sqm, total area 110sqm).
Total 299 office units:
(4) Office (44 to 1072 sqm, total area 58 to 141sqm).
Expected Completion Date:
Total Car Park Lot:
1 basement & 6 storeys carpark with 645 carpark lots and 79 motorcycle lots.
(1) Built-in wardrobe in all bedrooms;
(2) Vanity cabinet, WC, basin with vanity counter, basin mixer, shower mixer, hand shower, towel rail, paper holder and mirror in the bathrooms;
(3) High and low cabinet with sink and tap, electric hob and hood, microwave in the kitchen.
Sky Terrace at 10th storey will have condominium facilities like swimming pool, jacuzzi, gymnasium, function rooms, BBQ Pavilion, Yoga room etc.
For office tower, there will be conference room, function room & tea room & kitchen at 6th, 8th & 10th floors respectively.
The Gateway Cambodia | Location
The Gateway Cambodia | Amenities
The Gateway Cambodia is poised to be iconic mixed development in Phnom Penh's Central Business District (CBD). Strategically located along Russian Boulevard (Confederation de la Russie). Amenities like upcoming Parkson shopping mall, Central Market, institution, banks, hospital, Olympic Stadium etc are all within short driving distance away from The Gateway.
The Gateway Cambodia | Top Reasons To Invest Cambodia?
(Source: Bonna Realty Group)
Why invest in Cambodia?
Favorable Investment & Business Climate;
Largely “Dollarized” Economy;
Increasing Trade Integration;
Advantageous Labour Conditions;
Untapped Natural Resources & Land;
Growing Domestic Market;
Equal Treatment for all investors;
No Requirement of local equity participation;
No restriction on foreign exchange convertibility;
No restriction on remittance of foreign currencies abroad;
Cambodia Real Estate Overview
Cambodia is undergoing a dramatic change due to massive and improvements in different sectors;
Main Contributors to this growth is numerous projects in Phnom Penh and the influx of foreign investors in the different business sectors:-
Office / Commercial Market
Grade A and B office space is available from $8/m2 and $25/m2;
Occupancy rate for these office buildings grew from 70% to 95% occupancy in early 2013;
Current there is 55,269.30 Grade A office space;
Housing and Residential
Leasing of Apartment, Villa and condominium in Cambodia increased from 80% to 95% occupany on average;
Class A residential properties ranges from US$1,000 – US$3,200/m2;
Price of renting commercial spaces range from $2,500/month to $4,000/month for primes areas ($25 – 40/m2);
There will be 80,000m3 of retail spaces more in 2014 to cater for increasing demand (includes AEON from Japan).
The Gateway Cambodia | Site Plan
The Gateway Cambodia | 10th Floor Sky Deck
The Gateway Cambodia | Floor Plan
Most of the The Gateway's residential units are designed in squarish layout which maximises the useable space. Conact Melvin Wong @ +65 91694922 for full floor plans. Floor Plans is availlable now.
The Gateway Cambodia | Gallery
The Gateway Cambodia | Price
Latest indicative price of The Gateway Cambodia:
(1) 1 Bedroom from USD167,618;
(2) 2 Bedrooms from USD226,230;
(3) Office from USD277,505.
The Gateway Cambodia | Deferred Payment, Fee & Taxes
The Gateway Cambodia's payment schedule:
Submit reservation fee of SGD1,400.00 (equivalent to US$1,000) payable to “TACC (C.R) Ltd” with passport and NRIC;
Purchaser has to sign SPA within 14 days of reservation & pay 20% of purchase price less US$1,000 within 14 days from SPA date;
Progressive Payment every half-yearly until 50% of purchase price:
15% by 1 March 2019;
15% by 1 September 2019;
Balance 50% payable upon completion;
Loan financing is supported by Maybank.
Other new launch projects in Phnom Penh/Cambodia: