Are you still living in a rental house?
If yes, have you ever thought about owning your own apartment for a great living experience? Or have you been searching for an opportunity of investment for a healthy return on investment in Phnom Penh?
Here is a good idea!
The Parkway, which is a project situated in the most desired area in a part of Phnom Penh City Centre, is set to offer an affordable home for expatriates or Cambodian emerging middle class.
Strategically located in Touk Korh district, the Parkway, project is a mixed-use development, composed of one 36-storey commercial tower, and two residential complexes, each consisting of 26 and 30 storeys. The project will have a total building area of 170,000 square meters and is expected to complete by 2020.
The Parkway is now offering its potential buyers a first time promotion at an upcoming Realestate.com.kh Expo 2018. For early attendees to the show are available to secure one Parkway’s unit with a deposit of $500 which would be equal $5,000. On the other hand, buying without down payment is what clients prefer when they need a home loan for the deal. This makes the project more feasible to a real home buyer.
As for international investors, they are guaranteed to offer conspicuous advantages. The relatively low prices and high potential for property appreciation has become a common trend in Cambodia at the time of booming economy which is attracting many oversea property buyers, particularly from China.
The property appreciation of 10-20 percent per year and guaranteed rental return of 8-10 percent per year are estimated for properties along prime locations in the capital where condo and apartments are occupied up to 90 percent. According to the overview of Chinese people, it seems that the trend of development in the Kingdoms’ capital today is similar to what China’s major cities did in the last three decades. Thus, with the prime location and high quality construction, the Parkway promises its buyers an affordable home with long term benefits.
The Parkway is located on the main street of 273 and situated next to the distinct TV cable tower which is also known as the heart of Toul Kork. Besides being highly recognized by public as the CBD area, the location is also surrounded by neighbourhood facilities such as sports, education, leisure, entertainment and landscape. It is only 7 kilometers away from the BBK hub, about 3 kilometers away from Wat Phnom and Central Market, and just 7 kilometers away from Phnom Penh international airport.
During the show, the developer is providing two types of condo units on sales promotion, including 50 sqm moderate luxury and 65-87 sqm spacious luxury units. All of these units are designed with high standard materials and also equipped with brand new facilities. This project dedicates to make a product with the most sophisticated concept design and high tech.
The project also features a combination of recreation amenities, including a rooftop eco-garden, club with wine bar, cigar bar, fitness room, and topnotch infinity swimming pool that sizes of 1,000 square meters.
Occupants will access to a well home services and international property management services.
In regard to property management services, the company will cover every aspect for investors in terms of lease, such as lease agent, property maintenance, tax and payments, law consultation. This means you could be anywhere while your interest on your property is maximizing and your freehold ownership is secured.
The project contains an exciting commercial space where occupants would enjoy the convenience of its shopping mall, supermarket, catering, boutique shops etc. And it also close to Aeon 2, TK Avenue, Chinese wholesale center which is just 10 minutes away where occupants can enjoy all the way of life in the city.
Surrounded by international schools, kindergartens, and higher educational institutes, such as Beijing International School, RUPP, Zamen International School and Western International School, the Parkway is really provide a great advantage for residents in term of educational environment.
The Parkway is going to present its best features at the biggest property show, the Realestate.com.kh Expo 2018, that is coming on 19-20 October at Nagaworld 1 in Phnom Penh.
Apart from the promotion, the Parkway also provide lucky draw to attendees who buy a property in the place.
Visit the Parkway’s booth at the show for more details to heap your fortune on a successful property investment in Cambodia!