RATANA PLAZA TOP APARTMENTPrice From: $45,000Ratana Plaza Top Apartment is located in Ratana Plaza , a popular place where Chinese gather in Phnom Penh, close to the main road, North Bridge Road (Phnom Penh Second Ring Road). The project was developed as a high-quality small residence with offerings of unit spaces ranging from 26-45 square meters, freehold property rights, and rental returns; incomes being projected as high as 9%. The Ratana Plaza is a hot-rental property in Cambodia, suitable for low threshold investment, and is the best choice for Chinese investment.
The project sits on the geometric core of Phnom Penh and occupies a convenient transportation network to various areas. The surrounding facilities are complete with education, medical, and shopping centers. A few examples are the old shopping malls in Phnom Penh Ratana Plaza, the Royal Hospital of Phnom Penh, sports clubs, and 4S stores on Russian Avenue, with most conveniences located around a 500m radius around Ratana Plaza Top Apartment.
Ratana Plaza Top Apartment is only 300 meters away from North Bridge International School
(NIS) and CIA International School, two of the most premier schools in the greater Phnom Penh area. These schools are each part of a network of educational institutions offering quality education in developed countries like Canada and Singapore. Any child entering here would find it very convenient to study abroad in the future.
Ratana Plaza Top Apartment was funded and developed by China Living Rock Group. The project covers an area of 5,200 square meters and is a 14-story modern-style building. After completion, it will be the tallest building within 1.5 kilometers. The overall layout planning is designed to offer optimal living spaces. The first floor is for the property lobby and supporting facilities, the 2nd to 13th floors are for apartment products, and the 14th floor is equipped with public entertainment facilities. Floors 2-6 are the Ark Hotel (three-star) developed and operated by the Living Rock Group.
Ratana Plaza Top Apartment adopts mid-tier hotel standards to create suitable public spaces, including internationally renowned brand Mitsubishi elevators, private swimming pools, gymnasiums, and a 200-square-meter conference center, allowing residents to always have a comfortable home environment.
Setting itself apartment from other mid-tier projects, Ratana Plaza Top Apartment has a portfolio of small apartments with an independent balcony, bathroom, and enclosed kitchen design - the only one in Phnom Penh!
The apartment is expected to be delivered in mid-2021. Buying 2-6 floors of the project now can enjoy a ten-year leaseback policy, and directly sign a leaseback agreement with the developer. The fixed annual rental return rate is about 9%.