The Skyline Sets A New Benchmark For Property Investments
– New development in Phnom Penh opens doors for local property investors
20th March 2015, Singapore – SGPD Corporation Co., Ltd proudly presents The Skyline, a new and exciting development located in Cambodia’s prime location, at the heart of the Commercial Business District in Phnom Penh.
The Skyline is a luxurious 39-storey mixed development with 2 blocks of 29-storey residential towers, 6-storey carpark, 3-storey commercial shop and 1-storey communal facilities, boasting a site area of 52,055 square feet. Located in an unbeatably convenient site in the heart of Phnom Penh, Cambodia, the development is only a stone’s throw away from Central Market, Sorya Shopping Center, Phnom Penh Municipal Referral Hospital, Ang Duong Hospital and reputable schools such as the University of Health Sciences and National University of Management, providing an ideal location with easy access to amenities close by, yet exuding an upscale feel by being surrounded by various countries’ embassies and ministry buildings, close proximity to Grade A offices such as Vattanac Capital and Exchange Square, only known to exist in posh districts.
The 792-unit development consists of 560 one-bedroom units at 55 square metres, 224 two-bedroom units ranging from 75 to 79 square metres, 6 three-bedroom Penthouse units at 130 square metres and 2 four-bedroom Penthouse units at 215 square metres.
With a freehold land tenure, the Temporary Occupation Permit for the new development is expected to be obtained in Q4 2018.
CLICK HERE TO ADVERTISE
The Skyline’s show units were opened on 14 March for preview, and garnered positive response from potential buyers. Coming from a wide age group of between 25 to 72 years old, the savvy buyers are open and looking towards overseas property investments especially in prime locations. A total of 58 bookings were made during the start of the preview. The official launch of The Skyline is set to be in mid April 2015.
“The cooling measures implemented in recent times have definitely slowed the Singapore property market down but that does not mean that property investment has become obsolete. Local investors can still look towards frontier markets such as Cambodia, with a promising growing economy especially with its impending full integration into ASEAN in 2015 and synergies of commerce and business, making it a choice market for investors which guarantees high net yield and great potential for capital appreciation”, said Rhonda Wong, CEO, Anthill Realtors Pte Ltd, the leading agency involved in sales transactions for The Skyline.
About Anthill Realtors
Anthill Realtors is a boutique real estate consultancy firm with a specialized offering in real estate around Asia. Headquartered in Singapore, Anthill Realtors only represents developers who are personally handpicked for their exceptional value and high standards of quality. These products are then presented to their clients and potential investors through an end-to-end product offering which may include, investor visa processing facilities, payment facilities, a leasing team, cleaning services and a contractor list for clients to engage, if the need arises.
Anthill Realtors’ philosophy, as its name suggests, is to inspire a passionate and hardworking team of innovative professionals dedicated to providing reliable and consistent services to potential investors and developers.
Most recently, Anthill Realtors emerged as the top sales team in Singapore for Capital 21 @ Capital City in Iskandar Malaysia, where over 100 units were transacted.
About The Editor