USD 185,975 ~ 682,108
Street Duong Ngeap III, Phum Teuk Thla, Sangkat Teuk Thla, Khan Sen Sok, Phnom Penh, Cambodia Sangkat Teuk Thla Khan Sen Sok Phnom Penh Cambodia
57.65 ~ 243.61 ㎡ 1 ~ 4 Bedrooms
Contemporary high-quality projects appearing in western Phnom Penh.
|Type of Property||Condominium / Apartment|
|Expected Move In Date||January 2020|
|Sold by||Spring CJW Development Pte Ltd|
|Managed by||Spring CJW Development Pte Ltd|
57.65 ~ 243.61 sqm(㎡) / 620.54 ~ 2622.19 sqf
AXIS Residences which is located in the western area of Phnom Penh is a high-quality project as Singapore developers collectively carry out all processes including the development, design, construction and management. In addition, the appearance, interior and equipment specifications are refined and shared facilities such as a pool, gym, basketball court, tennis court, garden are all available for residences. The unit size ranges from 50m² to 250m²or more, and it corresponds widely to customer's needs. According to developers, the assumed yield is set at 8 to 9%, and a rent guarantee system service of 6% for 2 years is prepared. Regarding the assumed yield, assuming that the rental market in the western area of Phnom Penh is going to rise in the future, it is expected that it will rise higher than the current situation, as the condominium is high quality, in a prime location, and also has after service (All management is done by developer affiliates), this project is very attractive as real estate investment property in Cambodia.
This project is located in the western part of Phnom Penh, and units are available from 10 million yen, two-thirds of the property price of properties in central Phnom Penh. It is expected that the western area of Phnom Penh will develop greatly in the future, and will become the same market price as in the central part of Phnom Penh.
There are several international schools such as North Bridge International School and CIA First International School in the surrounding area, and many households that want to attend these schools stay in the area. In addition to this, it takes about 20 minutes by car to the "Phnom Penh Special Economic Zone" where you never encounter traffic jams like you do in central Phnom Penh. As many Japanese companies are expanding into this special economic zone, there are many Japanese expatriates working there. It can be a very attractive environment for foreign expatriates who work in the Special Economic Zone who want to put their children in the famous international schools. There is also Royal Phnom Penh Hospital, Lion City & Okide The Grand, a large complex shopping center, enabling a comfortable lifestyle.
Spring CJW Development Pte Ltd
SPRING CJW DEVELOPMENT PTE LTD is a young and dynamic developer engaged in the development of residential property at competitive prices. Spring CJW development aims to cater to the growing needs of both the young and trendy homebuyers and entrepreneurs who value quality living and a finer lifestyle. Spring CJW’s property development projects are typically located in choice areas, aiming to achieve easy accessibility as well as featuring prominent lifestyle elements. Being a young and dynamic company, Spring CJW has made its mark as a developer with a strong value proposition. The Group’s business model is positioned on: Creating quality lifestyle-focused residential developments Developing freehold properties that are easily accessible via public transport and surrounded by amenities To achieve superior standard for our project, AXIS, Spring CJW Development engages SANWAH PROJECT MANAGEMENT PTE LTD, which provides a range of expertise.