Everything about Landscope Christie's International Real Estate and the Hong Kong luxury property market
With strong economic momentum and increasing property prices, Cambodia is currently being targeted by knowledgeable overseas property investors in Hong Kong. Cambodia represents one of the fastest growing economies in the world with annual GDP growth rates reaching 7% in recent years. Trade between Cambodia and China is particularly prosperous and the city of Phnom Penh has proven to be an attractive destination for Chinese investors looking to strengthen their ties with South East Asia. Phnom Penh is the political and economic center of Cambodia accounting for the majority of the countryâ€™s GDP, and the capital city has witnessed significant real estate investment and property price appreciation over the last few years.
To meet the growing demand for Cambodian property, Landscope International Properties has partnered with a leading investor and developer of Cambodian residential and commercial property to present Casa Meridian to Hong Kong. Casa Meridian is a high-end residential development in Phnom Penh, and is the first of its kind to be made available for investment to Asian investors. It will be a private community offering a metropolitan living style amongst superior facilities.
Casa Meridian will consist of one-bedroom high-end apartments of 53 m2 to 79m2, twoâ€“bedrooms of 79m2 to 221m2 and three-bedrooms of 279 m2 to 450m2. The apartments are complemented by balconies and smart home systems, and all benefit from the five star concierge service provided at the property. Facilities include a swimming pool, fitness center, garden and childrenâ€™s play area. Units in the development can enjoy views of the city and of the rivers that intersect nearby.
The property is located on Diamond Island, which is fast becoming a privileged residential area. It provides easy access to the CBD of Phnom Penh and the cityâ€™s collection of popular tourist attractions, and in the immediate vicinity of the development there are shopping malls, embassies, golf courses and international schools. Phnom Penhâ€™s international airport is located 14 kilometers from the development.
Prices start from US$100,000 and offer attractive rates per square feet compared to other developments in the area. Returns on investment are expected to be favorable to the investor based on historic and forecasted prices, and comparable properties have been experiencing yields approaching 10% in the Phnom Penh rental market.
The developers have partnered with Canadia Bank, which is one of Cambodiaâ€™s largest banks, to offer preferential loans to buyers.
Cambodia has experienced enormous economic growth over the past few years and Casa Meridian is well positioned to benefit from further forecasted growth. Landscope International Properties will be hosting the following exhibition in Hong Kong to launch this exciting Phnom Penh investment opportunity:
Cambodia Casa Meridian Property Exhibition & Seminar
Date: 25 & 26 July 2015 (Saturday and Sunday)
Time: 11am to 7pm (Saturday and Sunday)
Seminar: 2:30pm â€œInvest in Luxury Living in Cambodiaâ€ (Saturday and Sunday)
Venue: The Excelsior, 3/F, Kellett Room 2, 281 Gloucester Road, Causeway Bay (Causeway Bay MTR station, exit D1)
+852 9010 7621