By Tiong Aik Russian Boulevard, Phnom Penh CBD, Cambodia
The Gateway in the capital city of Phnom Penh is located along Russian Boulevard, near to the Royal Railway Station. It is surrounded by prestigious government offices such as Office of Prime Minister, Ministry of National Defence, Ministry of Labour and the Office of Council of Ministers.
Certainly, a new property development that should not be missed, The Gateway is a freeHold mixed development with a 2-storey retail, 299 office units and 572 residential units.
Developed by Singapore renowned developer Tiong Aik – TACC (C.R.) Ltd, which has a track record of over 40 years experience in the Singapore construction industry and over 15 years’ experience in real estate development. They have gained a tremendous reputation as a developer of quality residential developments, targeting the middle to upper middle markets.
Being centrally located, residents would enjoy many advantages, such as being spoilt for choices of schools; SanthorMuk Primary School, Sovanna Primary School, Entrap Trey High School, Beltel International Institute. There are also several universities nearby such as Royal University of Phnom Penh, University of Health Sciences, Phnom Penh International University and Norton University. This would provide great conveniences to the residents or tenants who stay at The Gateway.
Amenities are aplenty, from shopping to entertainment, from dining to banking. The Gateway is nearby Tuolkok Market, Depo Market, Ou Ruessei Market, Bayon Supermarket. Central Market, Parkson Mall and Sorya Shopping Centre. Some of the famous tourist attractions nearby are the National Museum and The Royal Palace. International hotels and even medical care are within easy reach.
Facilities at the Gateway are rather comprehensive and comprise swimming pool, wading pool, jacuzzi, gym, yoga room, function room, reading area, BBQ pavilions and a high rise lounge with spectacular views of the Phnom Penh City.
Advantages Of Getting A Unit At The Gateway Cambodia
- Getting a unit in the Central Business District
- Enjoy 12% Guaranteed Rental over 2yrs for Residential units
- Enjoy 16% Guaranteed Rental over 2yrs for commercial office units
- Low quantum, booking fee of US$1,000
Advantages Of Investing in Cambodia
- Political Stability under Prime Minister Hun Sen since 1998
- Strong maritime trade via Gulf of Thailand, midway between China and India
- 100% foreign ownership of condominuim units allowed (except for land)
- No requirement of local equity participation
- No restriction on foreign exchange convertibility
- No restriction on remittance of foreign currencies
- No ABSD (Additional Buyer Stamp Duty)
|Project Name||The Gateway|
|Developer||TACC (C.R) Ltd|
|Address||Sangkat Phsar Depo, Khan Toul Kork, Phnom Penh, Cambodia (along Russian Boulevard)|
|Description||A freehold Mixed Development Comprised of a 2-Storey Retail with a 7-Storey Carpark Podium, a 24-Storey Office Tower (299 units) and a 26-Storey Residential Tower (572 units) with Sky Terrace and Basement Car Park.|
|Site Area||6,040 sqm/65,014 sqft|
|TOP/Completion||Estimated in December 2019|
|Unit Mix (Residential)|
|1 Bedroom Type A||39 sqm (total area 52 sqm)/420 sqft (total area 560 sqft)|
|2 Bedroom Type B||65 sqm (total area 86 sqm)/699 sqft (total area 925 sqft)|
|3 Bedroom Type C||82 sqm (total area 110 sqm)/882 sqft (total area 1,184 sqft)|
|Office Units||44 to 107 sqm (total area 58 – 141 sqm)/473 to 1,151 sqft (total area 624 – 1,517 sqft)|