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The Gateway Cambodia | Sales Hotline: +65 6100 1380

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The Gateway @ Cambodia is set to be the latest development launch in the centre of Phnom Penh’s bustling city. With a timeless facade well engineered and design, this high-rise development will tower over the rest and overlook the rest of the city. The Gateway @ Cambodia have been specially designed for residents to work, live and play without leaving the development. It will comprise of a mixed of residential apartments ranging from 1 to 3 bedrooms, offices space, and 2 levels of retail outlets all at your doorstep. Cambodia demographics comprise of a younger group of people with many entrepreneurs and small start-up firms. This results in the strong demand of office spaces in this region which have led to the developer deciding to integrate office spaces at The Gateway Cambodia.

The Gateway @ Cambodia is strategically located in the city’s centre, and is just 30 minutes drive away from Phnom Penh International Airport. Also a short drive away will take you to the central business district where all the banks and other financial centres are located. This has led to strong demand in the rental housing due to the high influx of expats working in this region. Over the past two decades, Cambodia’s economy have been growing at a healthy steady state which in turn cause the housing property market to double every 4-5 years in Phnom Penh. More foreigners have been investing in Phnom Penh new launch development with the majority of the purchasers being local Cambodians. This means that prices are still affordable in this region.

The Gateway Cambodia is an ideal development for investors to consider. In addition to its potential capital appreciation, this region have been known for its high in rental demand and rental yield of an average 7-10%.

Register in the form below for the latest updates and VVIP viewing. There will be a sales gallery in Singapore. For foreign buyers outside Singapore, you may still proceed to purchase a unit. Simply register in the form below and you will be guided through the sales procedure by our sales personnel.

The Gateway @ Cambodia Factsheet

Project Name: The Gateway

Developer: TACC (C.R.) Ltd (Singapore Developer Tiong Aik)

Address: More commonly known as Russian Boulevard (Phum 10, Sangkat Phsar Depo, Khan Toul Kork, Phnom Penh, Cambodia)

Brief Description: The Gateway Cambodia features a mix development of 26-storey residential apartments with 572 units, 24-storey of office spaces with 299 units, and 2 levels of retail outlets. There will be a basement carpark as well

Site Area: approximately 6040 sqm or 65,014 sqft

Tenure: Freehold

Total Units: 572 Residential Units, 299 Office Units, 2 Levels of retail outlets

Parking: 1 basement and 6 level multi-storey carpark comprising of a total 645 car lots and 79 motocycle lots.

Estimated Completion: 2019 December

Why Invest in The Gateway Cambodia?

  • Situated in a prime address of Russian Boulevard, the only major road leading from Phnom Penh Airport to the Central Business District
  • Freehold
  • Low Quantum
  • Rare supply of Grade A Offices, which are mostly for rent and not for sale
  • Vattanac Tower and Canadia Tower Grade A offices commands from US$32psm, this reflects a rental return of easily 8% and above
  • Reputable Singapore developer Tiong Aik, with a long history and healthy track record
  • Surrounded by many government buildings and offices
  • Located at the Central business district and financial center of Phnom Penh
  • The Gateway Cambodia offers with of without Guarantee Rental Return to purchasers
  • Mix development of Grade A offices, Residential, shops, all in a development
  • 30 Minutes to Phnom Penh International Airport
  • Surrounded by Tertiary Educational Institutions and Embassies
  • Low supply of Grade A offices

The Gateway Cambodia Location Map

The Gateway Cambodia Map

The Gateway Location Map

The Gateway Cambodia Condo Site Plan

The Gateway Cambodia Site Plan

The Gateway Cambodia Floor Plan

Residential

1 Bedroom –  39 sqm /  420 sqft

2 Bedroom –  65 sqm /  700 sqft

3 Bedroom –  82 sqm /  883 sqft

*Sizes quoted above are internal spaces

Grade A Office

44-107 sqm / 474-1152 sqft

*Sizes quoted above are internal spaces

The Gateway Cambodia Price

Price is estimated to be from low US$1xxk for residential, and Low US$2xxk for Office space

For an exact pricing of a unit, register for an appointment to view The Gateway Cambodia showflat showroom by calling or filling the form at the bottom of this page.

The Gateway Discount Scheme and Offers

Optional Guarantee Rental Return

Residential: 6% / year for 2 years – Total 12%

Office: 8% / year for 2 years – Total 16%

Discounts

Single Purchaser entitled to 3% discount of purchase price

Multi Purchaser (2-7 units) entitled to 5% discount to all units

Bulk Purchaser (8 units above) entitled to 8% discount to all units

50% upfront payment additional 5% discount

No Guarantee Rental Return Discount for Residential and Office will be 10% and 12% respectively

Charges and Taxes for Cambodia Property Purchase

Before Purchase

  • Notary Public Fee estimated S$60-80 in total per purchaser
  • Cambodian Lawyer (OPTIONAL) to go through Sales & Purchase Agreement of US$300 if needed
  • VAT (Value Added Tax) of 10% is absorbed by developer

After Purchase

  • 4% stamp duty on property value upon transfer of Hard Title (or ownership title)
  • Property Tax of 0.1% / year on property value
  • Rental Tax of 10% for residents or 14% Witholding Tax of rental amount for non residents
  • Maintenance fee of estimated US$0.80-1.00 / SQM / month

Resale

  • VAT – 10% applicable only for VAT registered companies
  • Capital Gain Tax – 0% for individual, 20% for companies

The Gateway Cambodia Sales Procedure

For Purchase made in Singapore

  1. Booking Fee of S1400
  2. Issue of Sales & Purchase Agreement (SPA) within 14 days of Booking
  3. Signing of SPA within 7 days of issue, together with payment of 15% of purchase price
  4. 10 % Payment on 1st March 2016
  5. 10 % Payment on 1st Sept 2016
  6. 10 % Payment on 1st March 2017
  7. 10 % Payment on 1st Sept 2017
  8. 5 % Payment on 1st March 2018
  9. 40% payment on Handover estimated in 2019

For Purchase made outside of Singapore (Handling will be in Singapore office), Procedure as follows:

  1. Telegraphic transfer of US$1,000 to project account
  2. Issue of Sales & Purchase Agreement (SPA) within 14 days of Booking
  3. Courier of SPA over to address of residence, along with emailing of scan copy to purchaser
  4. Signing of SPA within 7 days of issue, together with payment of 15% of purchase price through telegraphic transfer. Instructions will be given on where to sign on the SPA. Extension of dateline is possible due time taken to courier documents. However 15% payment must still be made within 7 days of SPA issue.
  5. 10 % Payment on 1st March 2016
  6. 10 % Payment on 1st Sept 2016
  7. 10 % Payment on 1st March 2017
  8. 10 % Payment on 1st Sept 2017
  9. 5 % Payment on 1st March 2018
  10. 40% payment on Handover estimated in 2019

*Handling agent will be in close contact with purchaser during purchase process, through email and text messaging (via Whatsapp +65 91505616). Enquire now for more information

Other Great Projects to Consider in Cambodia

The Peak Cambodia

The Peak Cambodia

Impress and invite your friends over at The Peak. Clad in a gold facade, The Peak features an integrated world renowned Shangri-La Hotel, together with Residential and Retail mall. Good product comes with a price, with studio starting from USD190,000.

“It’s Far better to buy a wonderful company at a fair price, than a fair company at a wonderful price” – Warren Buffett

For more product information and pricing, visit The Peak Cambodia

 

The Bridge Cambodia

The Bridge Pool View from top

The Bridge Cambodia is a mix development with first of its kind SOHO (Small Office Home Office) concept in Cambodia. Together with apartments and retail mall on the first few levels. Developed by Oxley-WorldBridge, The Bridge is located just beside The Peak and offer purchasers a low entry point in investing in Cambodia

For more product information and pricing, visit The Bridge Cambodia

Register Your Interest For The Gateway Cambodia

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