Last Updated: 2nd August 2019
The Peak Shoppes Retail Mall @ Phnom Penh, Cambodia – Rare CapitaLand-managed Shopping Mall for sale and offers investors 55% Nett Guaranteed Rental Returns over 10 Years, and integrated below the World-Renowned 5-star Shangri-La Hotel!
THE PEAK PROJECT DETAILS
|Project Name||The Peak|
|Location||Village No.14, Sam Dach Hun Sen Road, Tonle Bassac Commune,
Chamkarmorn District, Phnom Penh City, Kingdom of Cambodia
|Developer Name||Oxley Gem (Cambodia) Co. Ltd [Jointly developed by Oxley International
Holdings Pte Ltd & Worldbridge Land (Cambodia) Co. Ltd]
|Tenure of Land||Freehold|
|Site Area||Approximately 12,670 sqm / 136378.7 sqft|
|Expected Temporary Occupation Period (T.O.P)||Estimated by December 2020|
|Retail Podium||Duplex Shophouses on Ground Level &
4 Floors of Retail units from Level 1 to 3A
8 Floors of Carpark from Level 5 to 12
|Office & Hotel Tower||15 Floor of Office Units (250 units)
18 Floors of Hotel rooms with 8 Floors of Hotel Facilities
|Residential Tower 1 & Tower 2||Tower 1 (507 units) and Tower 2 (507 units)
Total 39 Floors from 15th Flr to 53rd Flr with 2 Floors of Recreation Deck
on level 13A & 55
THE PEAK SHOPPES INDICATIVE PRICE
From only US$130K
Shop with Waterpoint
From only US$160K
From only US$145K
Disclaimers: “Information is accurate as at 2nd August 2019 and pricings are indicative/“while stocks last” basis.”
ABOUT THE PEAK CAMBODIA
The Peak is a freehold 55-storey mixed-use development occupying a land area of approximately 12,609m2 and is located in the heart of Phnom Penh, Cambodia’s busy capital. This spectacular development comprises two residential towers, one commercial tower which includes offices and a hotel, sitting above a retail podium.
With an expected completion in 2020, the development will offer a total of 1,014 home units across two towers, 15 levels of office units and a 300-rooms Shangri-La Hotel in the commercial tower, and a 5-storey retail podium.
The Peak Shoppes has launched in July 2018 and has achieved great sales of close to 300 units within a week from launch.
LOCATION OF THE PEAK CAMBODIA
Super Prime Location
Sharing the same address as Shangri-La Hotel Cambodia
Lifestyle eateries and entertainment at your doorstep
Within the Tourist hub
Near to CBD
Within walking distance to:
Embassy of Australia
Embassy of Russia
Ministry of Foreign Affairs
Within 5 min to:
Elite Town Golf Club
Koh Pich City Hall
Within 30 min to:
Phnom Penh International Airport
- Safety: Mainboard-listed Singapore Developer Oxley
- 1st Mover Advantage into an Emerging Economy with High GDP Growth of 7%!
- Prime Location next to Hotels, Casino, Embassies, Malls
- ASEAN Free Trade Agreement from 2015
- Limited Supply of Shopping Malls vs Increasing Demand
- Rare FREEHOLD
- Fully Integrated Mixed Development – Apartments, Offices, Shopping Mall, 5* Shangri-La Luxury Hotel
- Tallest 55-storey Iconic Building (Timeless Design) with Panoramic River & City Views
- 2 famous brands: Shangri-La and CapitaLand
- High Guaranteed Rental Returns of 55% over 10 Years!
- Surrounded by Popular Eateries, Tourist Hotspot, CBD
- Strong Potential Capital Growth Gains
- Potential Currency Gains from US$
- Luxury Everyone Can Afford
- Very Low Booking Fee of only SGD$1,700
- Low Upfront Payment
- Deferred Payment
- Investor-friendly! No ABSD, No SSD, No TDSR, No Capital Gains Tax for individual owners, No Withholding Tax during first 10 years (14% of rental income per annum thereafter), No Property Tax during first 10 years (0.1% of property value per annum thereafter)
THE PEAK SHOPPES MANAGED BY CAPITALAND
CapitaLand – one of Asia’s largest real estate companies has announced to manage The Peak Shoppes on 20th March 2018.
Headquartered and listed in Singapore, it is an owner and manager of a global portfolio worth S$91 billion as at 31 March 2018, comprising integrated developments, shopping malls, serviced residences, offices, homes, real estate investment trusts (REITs) and funds. Present across more than 150 cities in over 30 countries, the Group focuses on Singapore and China as core markets, while it continues to expand in markets such as Vietnam and Indonesia.
CAPITALAND MALLS IN SINGAPORE
SHANGRI-LA PHNOM PENH, CAMBODIA WITHIN THE DEVELOPMENT
INVEST IN ONE OF THE HIGHEST GDP GROWTH ECONOMIES IN THE WORLD AVERAGING 7% ANNUALLY
MANY INTERNATIONAL BRANDS IN PHNOM PENH WITH
MANY MORE BRANDS ENTERING
THE PEAK SHOPPES SITE PLAN
LEVEL 3A PLAN
THE PEAK CAMBODIA DEVELOPER
OXLEY INTERNATIONAL HOLDINGS PTE LTD
Headquartered and listed in Singapore, Oxley Group is a lifestyle property developer specialising in the development of quality residential, commercial and industrial projects. Oxley’s developments are typically located in choice areas that are easily accessible via a variety of transport modes. Most of the projects also tend to incorporate retail elements, and lifestyle features and facilities.
Since its incorporation in March 2010, Oxley has completed 20 of the 29 launched property developments in Singapore and expanded into eight overseas markets, executing successful launches of one waterfront township development in London, and two mixed-residential and commercial developments in Cambodia.
Today, the Group’s presence is in Singapore, United Kingdom, Cambodia, Malaysia, People’s Republic of China, Myanmar, Japan, Dublin and Indonesia with its core businesses in property development and investment.
WORLDBRIDGE LAND (CAMBODIA) CO. LTD.
Worldbridge Land (Cambodia) Co., Ltd. is a well-established real estate Company under the Worldbridge Group. The Company specializes in a wide range of property services such as sale and rental of all types of property, and professional property valuation. Since its establishment in May 2011, the company has grown steadily and enjoyed good success in tandem with the rising potential of the Cambodian property market.
With a high confidence in the prospects of Cambodia, the Company readily ventured into property development with a vision to transform the local property market to greater heights by introducing world-class luxury living.
THE PEAK SHOPPES SALES PACKAGE
Year 1 – 5: Nett 5% Guaranteed Rental Return per annum on purchase price (Total 25%)
Year 6 – 10: Nett 6% Guaranteed Rental Return per annum on purchase price (Total 30%)
Year 11 – 15: Option for renewal subject to mutual agreement between Developer, CapitaLand and Owner
THE PEAK RETAIL CAMBODIA PAYMENT SCHEDULE
Upon booking: Deposit of SGD 1,700 [Approx. USD 1,200]
Within 14 days of reservation: 20% of Purchase Price less USD 1,200
1) Pay 20% by 30 Sep 2019
2) Pay 10% by 31 Dec 2019
2) Pay 50% by Handover (Estimated Mid 2020)