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2 Bed, 1 Bath Condo for Sale in The Royal One Condominium

The Royal One Condominium

Sale price$450,824$4,400/m²
2Bedroom
1Bath
102Floor Area (m²)
2023Completion Year

Royal One Condominium type A1

Details are emerging in the market regarding a major new development project in central Phnom Penh. Royal One, a project of the Royal Group of Companies (Cambodia), will have two towers and stand with a height of 62 floors. It will be located strategically along Monivong Boulevard – in front of the Ganesha Statue, not so far from the airport – and will have a view of the cityscape.

Innovation and Design of Royal One: The project has been designed around the concept of effective land use, allowing two towers to fit into a relatively limited land area - the plot being located on Monivong Boulevard, near to Central Market and Canadia Tower. The first of the two towers will serve as an office building and the second one as a hotel and residential building. A retail podium will also be constructed, along with several parking floors. Aesthetically, the developers will be utilizing lines and patterns as an attempt to give it a modern and sophisticated appeal. They also plan to feature a modern man-made waterfall in between the two buildings, further intensifying their aim to turn it into a “forever landmark”. Prices for luxury condominium units are projected start at around $3,500 per square meter.

The construction of The Royal One development will start in 2017 and is expected to reach completion by the end of the year 2021. About the Developer of Royal One: The Royal Group is a holding company and a large diversified conglomerate that has investments across various Cambodian industries – telecommunications, banking, resorts, education, media, insurance, trading, property, and agriculture. Among the many successful projects they’ve invested in are the Embassy Palace Serviced Apartments, Northbridge Communities, North Park Condominiums, Royal Park Resort in Siem Reap, Hotel Cambodiana, Titan King Casino & Resort Hotel, and the Royal Railway.

Property Overview

Property type: CondoProject: The Royal One CondominiumDeveloper: OTK Roayl One by Royal Group
Property ID: 109613Listed: 8 months agoUpdated: 2 months ago

Security

Alarm SystemFire Alarm
Fire sprinkler system

Amenities

Backup Electricity / GeneratorCar ParkingCommercial areaCommon Area
Lift / ElevatorNon-FloodingOn main road

Property Features

Balcony

Views

City Views

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Nearby Places

Nothing selected

Developer and Location Profiles

OTK Roayl One by Royal GroupOTK Roayl One by Royal GroupThe Royal One project has been designed around the concept of effective land use, allowing two towers to fit into a relatively limited land area - the plot being located on Moni...The ultimate guide to Phnom PenhThe ultimate guide to Phnom Penh The city of Phnom Penh has come a long way from the trying times under the French and the dark days under the Khmer Rouge. It has grown to be a city where people from different w…

Loan Calculator

30%
%
years
$5,077/month
Property Price
$450,824
Interest
$110,920
Total
$561,744

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