Cambodia The Peak Retail Shoppes (55% Guaranteed Rental)

  • From USD $148,000
Village No.14 Sam Dach Hun Sen Road, Tonle Bassac Commune, Chamkarmorn District, Phnom Penh City Kingdom of, Phnom Penh, Cambodia
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Cambodia The Peak Retail Shoppes (55% Guaranteed Rental)

Village No.14 Sam Dach Hun Sen Road, Tonle Bassac Commune, Chamkarmorn District, Phnom Penh City Kingdom of, Phnom Penh, Cambodia
  • From USD $148,000

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Official Latest Updates June 11, 2020:

Special StarBuy

“Enjoyed 10 Years guaranteed Rental Returns of total 55% Yield”

Special COVID-19 Discount Applicable to Selected Unit Highlighted in Green

03-60 (25.34SQM) @ USD198,000

03-146 (25.30SQM) @ USD199,000

03-163 (26.66SQM) USD204,000

It is important to only engage the Official Direct Developer Sales Team to assist you. There are several complex procedures and key factors to consider before committing to purchase a unit.

Rest assured that all our representatives are certified, well-trained and committed to deliver. By engaging the Official Direct Developer Sales Team, you will also enjoy the best possible direct developer price. There is no commission required to be paid.

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Read also the Nature Living Freehold Development in the vibrant Bukit Timah area – Forett at Bukit Timah.

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About The Peak Retail Shoppes

The Peak at Cambodia, Phnom Penh is a 55-storeys mix-use iconic development in the heart of Phnom Penh. Consists of 1 Tower of commercial office building including the luxurious Shangri-La hotel and 2 Towers of residential buildings which houses 1-4 bedrooms apartments. The mall and retail shops lots will be managed by Singapore’s experienced Mall Developer CapitaLand.

The Peak Retail Shoppes is developed by reputable Singapore Oxley Holdings and Worldbridge Land (Cambodia), the same developers that had successfully launched The Bridge and is located along Mekong River at the heart of Cambodia’s capital, Phnom Penh, overlooks captivating views of River Esplanade, the Diamond Island and entire city of Phnom Penh.

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You may not want to miss this iconic development by prestigious developer CDL featuring the lowest psf price in D5 – Whistler Grand.

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Why Cambodia?

Cambodia’s strong economic growth is the result of Foreign Direct Investments. These investments were poured into the country in the last 20 years. Investment analysis shows that FDI had increased by more than 800% in the last 10 years. The highest reported GDP is $3B in 2018. It’s easy to understand how this small country in Asia attracts so many foreign investments.

GDP growth of Cambodia is well above 7% from 2011 to 2018 according to data.worldbank. The median age of Cambodia population is 24.1 years. The combination of a young work force in a growing economy with a stable government plus strong foreign investment would translate to higher spending power in domestic population and an appreciated real estate market. Moreover, Investment in Cambodia is pegged to USD Currency which reduce the currency risk to a huge extent.

1) NO VISA RESTRICTIONS
As part of ASEAN, tourist visa access is easily available for fellow member countries. Visa is free for 14-30 days depending on the nationality. A regular 30-day visa is available in airports and land borders. Jobseekers and tourists from non-ASEAN countries use this type of visa. No documentation required.

2) NO CURRENCY DIFFERENTIATION
The US Dollar is accepted and used in Cambodia, together with the local currency, Khmer Riel. Almost 80% of transactions in the country use USD which is relatively more stable and reliable. It makes it easier for foreigners to conduct business transactions. There is no freehold on foreign exchange which means foreigners easily earn money in USD and then send it back to their home countries. The same way that they can also withdraw USD from their home banks to use here in Cambodia.

3) NO CHANGE OF CITIZENSHIP NEEDED
In most countries, you need to be a Citizen or hold Permanent Citizenship in order to get into the business of real estate. You can enter the Cambodia real estate market without a change in citizenship. Foreigners can buy properties thru a Strata title or by way of nominee structure. Foreigners are allowed to lease land for 50 years or more. They can build structures or re-purpose the land as long as the lease agreement is in place. As long as it is not stipulated in the lease, the foreigner can do whatever they need to do on the land.

Cambodia GDP Growth

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Invest with International properties in emerging markets:

Check out The Peak in Cambodia for an amazing project with good projected returns.

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Why Invest Here at The Peak Shoppes Cambodia?

  • Attractive Package with 10 Years Guaranteed Rental Returns of total 55% at The Peak Shoppes
  • Freehold at Prime Location
  • 55-storeys Iconic Project in the City of Phnom Penh
  • Integrated development with Shangri-La 5-stars Hotel & CapitaLand Mall
  • Top quality and Super Luxurious finishing
  • 5mins walk to NagaWorld Casino
  • Integrated Mixed Development with 5-storey Mall & Offices
  • 2 Levels of “Hotel-Grade” facilities
  • By Oxley, established Singapore developer listed on SGX with growing international presence – Listed and reputable Singapore Developer
  • Strong demand from foreign expatriates/ elites.
  • No foreign levy and capital gain tax
  • No withholding tax allows liquidating in and out of Cambodia
  • Within walking distance to NagaWorld Casino, Embassy of Australia, Embassy of Russia, Ministry of Foreign Affairs, Dream Land

Own this Property & Don’t miss out this opportunity!

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You may also like Parc Clematis, walking distance to Clementi MRT, located within the highly demanded school zone in Singapore.

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The Peak Retail Location

Right in the heart of Phnom Penh City, The Peak at Cambodia faces the River Esplanade, standing at the crossroads of the city.

Mere minutes’ walk to the next door AEON Mall and Naga World 1 & 2 Casino, Phnom Penh’s only integrated hotel-casino entertainment complex. Right at the heart of the city, its also walking distance to the Ministry of Foreign Affairs, Dream Land, the National Assembly building, the Ministry of Foreign Affairs, Embassy of Russia and the Australian Embassy. The Bridge Retail Shop, Oxley’s first development is also just next door to the Peak.

Close to Cambodia CBD: 5 mins ride away from the Phnom Penh Independence Monument and the main Preach Sihanouk Boulevard are also a short drive away. Elite Town Golf Club and Koh Pich City Hall, World class Zaman International School and Phnom Penh International Airport is also within 30 minutes ride.

The-Peak-Cambodia-Map

Approx 5-min walk to existing NagaWorld casino-hotel (like our MBS) and NagaWorld 2 Link by Naga Walk with Retail Spaces Below!

Next to Oxley Developer First Development The Bridge Mixed Integrated Development.

Approx 5-min walk to AEON, Phnom Penh’s largest mall with supermarket, cinema, bowling alley, ice skating rink & many international brands and F&B (not for sale)

At one of the best location!

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Invest in London Royal Wharf Retail Shops with 999 years leasehold and attractive package with existing tenants.

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The Peak Shoppes to be managed by CapitaLand

CapitaLand, through its wholly owned shopping mall business CapitaLand Retail, has signed an agreement to manage a mall in Cambodia’s capital, Phnom Penh, CapitaMall The Peak. The mall is the retail component of The Peak, an upcoming high-end integrated development majority owned by Singapore-based developer Oxley and Cambodian company Worldbridge Land.

CapitaLand will oversee asset planning, pre-opening and retail management for the five-storey mall, which has a gross floor area, excluding car park, of about 420,000 square feet, and net lettable area of about 260,000 sq ft, CapitaLand said in a filing with the Singapore Exchange on Tuesday.

CapitaLand with many years of experience will be managing The Peak Retail Mall, following are some of their portfolio which is almost too familiar to most of us

Invest into CapitaLand Managed Mall

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Coming Soon : New Project in Clementi – Clavon Condo.

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The Peak Shoppes Below Shangri-La Hotel

The Shangri-La story began in 1971 with their first deluxe hotel in Singapore. Inspired by the legendary land featured in James Hilton’s 1933 novel, Lost Horizon, the name Shangri-La encapsulates the serenity and service for which our hotels and resorts are renowned worldwide.

Today, Hong Kong-based Shangri-La Hotels and Resorts is Asia Pacific’s leading luxury hotel group. They are also regarded as one of the world’s finest hotel ownership and management companies. Owning and/or managing 91 hotels and resorts throughout Asia Pacific, North America, the Middle East, and Europe, the Shangri-La group has a room inventory of over 38,000.

In addition, new hotels are under development in Mainland China, Cambodia, Hong Kong, India, Myanmar, Philippines, Qatar and Sri Lanka. Today, we get to be part of their history by Owning a shop unit below Shangri-La The Peak 5 Star Hotel.

Shangri-La-Hotel-Below-300x189

Celebrity Endorsement on The Peak

Think of investing, Think of Cambodia. Think of Cambodia, Think of The Peak

Join Zheng He Ping and invest in Cambodia

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The Peak Shoppes Singapore Main-Board Listed Developer

The Peak Retail Cambodia Phnom Penh is jointly developed by Singapore Developer Oxley Holding and Cambodia developer World Bridge Land. With local Singapore offices, Singapore investors has a much easier avenue to get in touch with the developer to get the latest update of their purchases.

Cambodia Oxley World Bridge

Oxley Holdings, a Singapore Main-Board Listed company, is a lifestyle property developer engaged in the development of residential, commercial and industrial developments that cater to upwardly mobile homebuyers and entrepreneurs who value quality, style and convenience. Oxley’s property development projects are typically located in prime areas and complimented by prominent lifestyle features.

As a young and dynamic company, Oxley has made its mark as a developer with a strong value proposition. The Group’s business model is centred on:

-creating quality lifestyle-focused residential developments that provide infinite experiences within finite spaces

-developing mainly freehold / 999 year leasehold properties in choice precincts that are easily accessible via public transport and surrounded by amenities

-injecting vibrancy to its industrial and commercial developments through the incorporation of quality lifestyle features, facilities and retail elements wherever possible

To date, all of Oxley’s developments have been launched to very positive response. Among these were residential developments such as Viva Vista, Loft@Holland, RV Point, and Loft@Stevens, as well as its maiden industrial development, Oxley BizHub.

Invest with Renowned Developer

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The Most Attractive Sales Package / Investment Opportunity at The Peak Shoppes

The Peak GRR

Own Your Desire Units with Good Guaranteed Rental Yield

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  • Address Village No.14, Sam Dach Hun Sen Road, Chamkarmorn District
  • City Phnom Penh
  • State/county Cambodia
  • Country Cambodia

Details

Updated on July 28, 2020 at 10:27 am
  • Price: From USD $148,000
  • Property Size: 182.66 Sq Ft
  • Land Area: 12670 sqm
  • TOP Date: Dec 2020
  • Property Type: Retail
  • Property Status: International, New Launch

Additional details

  • Tenure of Land : Freehold
  • No. of Floors: 5 level retails
  • No. of Units: 1094
  • No. of Car Park: 8 Levels of Carpark
  • Developer: Oxley World Bridge

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