The Gateway Cambodia
Multi Awards Winning Development
Fully Integrated Mixed Development with Retail, Offices & Residential along Russian Boulevard
(Main Road Connecting to Other part of the City)
• Prime location at the Central Business District zone of Phnom
• Next to Phnom Penh Megamall and upcoming Fairfield by Marriott
• Strategically located along Russian Boulevard, the main road linking Phnom Penh International Airport to the city centre
• Rare Grade A offices for sale
• Fully furnished for apartments under Guaranteed Rental package
• Guaranteed Rental Returns of 16% over 2 Years for Offices and 12% over 2 Years for Apartments
• Singapore developer Tiong Aik listed on SGX (Singapore stock exchange)
First and ONLY Grade A Offices in City Center of Phnom Penh by Singapore developer
Introduction
| Type | Descriptions |
|---|---|
| Project Name | The Gateway Cambodia |
| Developer Name | TACC (C.R) Ltd (Singapore Developer – Tiong Aik ) |
| Location | Phum 10, Sangkat Phsar Depo, Khan Toul Kork, Phnom Penh, Cambodia (along Russian Boulevard) |
| Tenure of Land | FREEHOLD (Foreigner Eligible) |
| Expected Date of Completion (T.O.P.) | Completed |
| Site area | 6,040 sqm |
| Total No. of Units | Mixed-use Development Comprising of a 2-storey Retail and a 7-Storey Carpark podium, a 24-Storey Office Tower (299 units) and a 26- Storey Residential Tower (572 units) with Sky Terrace and Basement Car Park |
| Car Park Lots | 1 Basement and 6-Storey Multi-Storey Carpark Total No. of Carpark Lots: 645 / Total No. of Motorcycle Lots: 79 |
The Gateway Cambodia is an iconic mixed use development with an office tower, a residential tower and 2 levels of retail and F&B outlets. The Gateway is located in the CBD of booming Phnom Penh, along Russian Boulevard, the main route from the airport to the city centre.
Developed by TA Corporation Ltd, an well-established Singapore property and construction group, the Gateway Cambodia is expected to be competed in 2019 on time. Established in Singapore since 1995, Tiong Aik has completed over 20 successful residential condominium projects in Singapore including The Cristallo & Starlight Suites, with several other ongoing projects.
The project will include residential unit options ranging from 1 to 3 bedroom and an office size of 474 to 1152sf. Therefore, the market-driven development strategy will appeal to a diverse group of professionals with varied lifestyle needs and economic capabilities, while the outdoor facilities extend a convenient living experience for all.
With more than 800 widely spaced units, the exterior design pattern will integrate prominent green spaces surrounding the building. The Gateway will also provide more exclusive gathering spaces for occupants.
Developed by TACC (C.R) Ltd, a subsidiary of TA Corporation Ltd, The Gateway boasts an office tower and a residential tower, with 2 levels of retail and F&B space on the lower floors. Developed by award-winning architects, it is the new iconic landmark of downtown Phnom Penh.
About Developer
TA Corporation Ltd is an established quality property and construction group with a track record of over 40 years’ experience in the Singapore construction industry and 20 years’ experience in real estate development.
Inaugurated in 1972, TA Corporation entered the real estate development business in Singapore, backed by their experience in working with major real estate developers. Targeting middle to upper middle markets, they have since ventured overseas through joint-venture partnerships in the People’s Republic of China, Thailand and Cambodia.
With the ability to undertake a wide spectrum of projects for public and private sector clients, most of TA Corporation’s clients are established names, including many Singapore government organisations.
Today, TA Corporation also provides services such as steel fabrication and metal works, worker training and test centres in India, Philippines and Singapore, as well as the design, installation, and maintenance of air-conditioning and mechanical ventilation system.
Project Highlights
Under current Prime Minister Hun Sen leadership, Cambodia has enjoy peace and prosperity for almost 2 decades. GDP growth forecast of Cambodia is well above 7% from 2014 to 2018. The median age of Cambodia population is 24.1 years. The combination of a young work force in a growing economy with a stable government plus strong foreign investment would translate to higher spending power in domestic population and a appreciated real estate market.
More ABOUT CAMBODIA
ABOUT CAMBODIA
CAMBODIA has undergone a dramatic change as a under developed country to a widely urbanized Kingdom because of massive developments and improvements in the different sectors. Main Contributors to this growth is numerous projects in Phnom Penh and the influx of foreign investors in the different business sectors.
• Office / Commercial Market
• Housing and Residential Market
• Retail Market
• Industrial Market
• Agricultural Market
The residential market in Cambodia is very promising with the rise of more apartment and condominium buildings.
FACTS OF CAMBODIA
• Capital City : Phnom Penh
• Area : 181,035 km2
• Population : Approximately 15 million (1.2m in PP)
• GDP : Average 6% per annum for past decade
• Key industries : Tourism, textile & garment, natural gas, agriculture, construction, timber
• Currency : Riel (CR), US Dollar (US$)
• (US$1 = 4,000 KHR)
• Membership : UN, IMF, WTO, ASEAN
KEY REASONS WHY INVEST IN CAMBODIA
✔ ADVANTAGEOUS LOCATION
– Economic spillover from Thailand & Vietnam
– Midway between China and India
– Maritime trade via Gulf of Thailand
✔UNTAPPED NATURAL RESOURCES & LAND
– Popular tourism sites (beaches, islands, history, culture, nature)
– Abundant mineral deposits
– Off-shore oil and gas reserves
– Fertile land for agriculture & farming
✔GROWING DOMESTIC MARKET
– Youthful population
– Active workforce participation
– Household formation increases demand for homes
– Urbanization
– Purchasing power doubling
More about ASEAN Free Trade Agreement
ASEAN, the Association of South-East Asian Nations, is gaining considerably in importance as a trade bloc and is now the
third largest in the world after the European Union and the North American Free Trade Agreement.
Comprising the Asia Tigers of Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam (the ASEAN 6) with the smaller players such as Brunei, Cambodia, Laos and Myanmar, it has a combined GDP of US$2.31 trillion (2012) and is home to some 600 million people.
The ASEAN bloc have largely cancelled all import and export duty taxes on items traded between them, with the exception of Cambodia, Laos, Myanmar and Vietnam, who continue to impose nominal duties on certain items. However, these too will be completely lifted as of December 31st, 2015, meaning that the entire region will be duty free from this date.
The Gateway Cambodia Unique Features:
Location
The Gateway @ Cambodia will be an iconic mixed development along Confederation De La Russie (Russian Boulevard) and will have world-class amenities meeting the standards of its developer. It is near to prominent shopping malls, schools, banks, hotels and other private and public esatblishments.
Highlighting a lush and sophisticated living and livelihood experience, The Gateway future residents will surely experience an iconic address inspired by the icon itself.
Site Plan / Floor Plan
Residential Tower:
10th floor: Swimming Pool, Wading Pool, Jacuzzi, Gym, Yoga Rooms, Function Room, Reading Area, BBQ Pavilions, Lounge
Office Tower:
6th floor: Conference Room
8th floor: Function Room
10th floor: Tea Room, Kitchen
Like a lighthouse that captures attention, the building exudes a monolithic presence within the city. A mixed development hosting commercial, residential and retail activity is decomposed into an assembly of masses; a towering ethereal box juxtaposed against a staggered composition of cuboids. A green belt containing the retail activities connects the masses together forming an iconic development
Office tower 8 lifts (4 lifts Low zone, 4 lifts High zone)
Residential tower 6 lifts (3 lifts per lobby)
Floor Plan:
The Gateway Cambodia: Office Tower Floor Plan
Levels Floor Plate for Office Tower
The Gateway Cambodia: Residential Floor Plan
Unit Mixes:
1BR Type A : 39sqm (total area 52sqm)
2BR Type B : 65sqm (total area 86sqm)
3BR Type C : 82sqm (total area 110sqm)
Office Type A-W : 44-107sqm (total area 58-141sqm)
Ceiling Heights:
- Residential- 3.5m
- Office- 3.8m
Fittings for Residential Units
- Bedrooms: Wardrobe
- Bathrooms: Vanity cabinets, WC, basin with vanity counter, basin mixer,shower mixer, hand shower, towel rail, paper holder and mirror
- Kitchen: High and low cabinets with sink and tap, electric hob and hood, microwave oven
Gallery
Price / Discounts
1 bedroom (39 sqm) from US$167,618 (~SGD$234K)
2 bedroom (65 sqm) from US$266,230 (~SGD$372K)
Office (44 sqm) from US$277,505 (~SGD$388K)
Prices before 3% discount (for limited time only)
Other Cost:
| Stamp Duty | 4% of property value payable upon Handover (Transfer Fee for Hold Title) |
| Property Tax | 0.1% per annum (value determined by Immovable Property Assessment Committee) |
| Rental Tax | 10% per annum on gross rent |
| VAT | 10% (absorbed by Developer) VAT on resale applicable only for VAT registered companies |
On-Going Maintenance Cost:
Maintenance Fee:
Estimated between USD0.80 to USD1.00 psm/ per month
- Residential
· Type A: USD 42.00 – 52.00
· Type B: USD 69.00 – 86.00
· Type C: USD 88.00 – 110.00 - Office: Ranges from USD 47.00 – 141.00
Carpark lot:
- Free usage of 1 parking lot for all office units and 3 Bedroom units for 5 years from Notice to Take Possession. Estimated USD 100 – 150 per month
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