Cambodia property market outlook - is it time?
Public information talk on 24th Nov 2016 & 25th Nov 2016
Register now for the upcoming public talk to get the latest updates on Phnom Penh, Cambodia retail and office space market segment and the latest property market movement trends. |
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Solid economic growth and strong foreign investor demand are helping to drive Cambodia’s condo boom in the last few years. Cambodia’s real estate market is heating up, especially in its capital Phnom Penh, with foreign developers from China, Singapore, Taiwan and Korea looking to expand their footprint in the fast-growing city.
For Singaporean developers, restrictive cooling measures in the city-state, as well as the passing of legislation some years back allowing foreigners to own Cambodian property, have been the main pull factors for companies such as Oxley Holdings, Teho International and TA Corporation to develop large-scale commercial and residential projects in Phnom Penh.
Approximately half of Phnom Penh's office occupiers are international businesses from China, Japan, Malaysia, South Korea and Singapore, making the AEC an essential element to future demand.
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| A strong increase in Cambodia's Tourism Industry
Cambodia tourism strongly increase from 2007 to 2015 greatly shows the strong numbers of tourism including business travelers from the increases business activities in the city of phnim Penh.
This is in line with the AEC that will transform the Asean economy into a region with free movement of goods, services, investment, skilled labour and free flow of capital.
Who will make up the AEC? The AEC will comprise the 10 Asean members - Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam. |
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Why consider The Peak Shangri-la Phnom Penh office space?
The Peak Business Tower comprises of 15 storeys with 250 exclusive business units. The waterfront landmark offers every moment of glistering water and a picturesque city’s skyline. Right below the world famous Shangri-La Hotel is our Grade A office which serves as a perfect location for companies’ branding and business meetings. With the opening up of the country to foreign investments, many international companies are eyeing on a prime space for setting up their businesses and The Peak Office is no doubt the most ideal location.
- Over 2+2 Years , total up to 36% Guaranteed Rental Returns
- – 8% nett p.a. for Year 1 & 2
- – 10% nett p.a. for Year 3 & 4 on mutual agreement of developer and owner
- Ideal Business Location right below Shangri-La Hotel, an integrated development with retail, restaurants, residential thus meeting all the needs of any companies
- Investment Flexibility with various unit sizes for combination catering to investors looking at combining multiple units
- No Capital Gain Tax / Seller Stamp Duty and minimum holding period
- Deferred Payment Scheme with low upfront payment of 50% (in stages across 2 years) and balance to be paid only upon completion in 2020
- Renowned Singapore Developer listed in Singapore Stock Exchange (SGX)
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Cambodia property market outlook talk on 26th Nov 2016 & 27th Nov 2016
Join us for a meaningful Saturday & Sunday afternoon as we invite various property market gurus to share on the latest updates and insights on the forward trends of the Cambodia property market. Seats are limited, so RSVP to confirm your slot.
Visit Website for info & Registration :-
Call NOW for your exclusive VIP slot reservation now by SMS / whatsapp text at +65 97555202.
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Developer's Sales Representative
Adrian Wee +6597555202 www.showroom.com.sg info@showroom.com.sg |
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