The Peak Retail Managed by Capitaland - Open for Sale Now
The Peak Shoppes @ Phnom Penh Managed by Capitaland
Freehold Status to Local & Foreigner
Mixed Development with 5 Star Shangri-La Hotel, Grade A Offices, Capitaland Mall and Fully Sold Luxurious Residential Towers
Retail Shops/Restaurants from USD85K
Open for Sales Registration Now
Call (65) 6100 5551
Soaring 55 storeys into the clouds at the city centre, The Peak, is the world’s next destination for live, work and play. The integrated iconic landmark is lined with the luxurious Shangri-La Hotel, world-class retail managed by Capitaland, restaurants, residences and offices.
Supremely located in a vibrant city surrounded by many of the country’s tourist’s attractions like the historic resonance, Naga World, The Independence Monument and many more, you can take your business further with the opportunity to tap into the ready pool of shoppers from tourists, working executives, residents and the heavy footfall at the bustling city. To put your business at the heart of it all, your business is simply poised for success.
Developer: Oxley Gem (Cambodia) Co. Ltd
Tenure of Land: Freehold
Address: Village No.14 Sam Dach Hun Sen Road, Tonle Bassac Commune, Chamkarmorn District, Phnom Penh City, Kingdom of Cambodia
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 & Shangri-La Hotel: 15 Floor of Office Units (250 units) & 18 Floors of Hotel rooms with 8 Floors of Hotel Facilities
Residential Tower 1 & 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
Project Completion: Estimated End 2019 / 2020
Why The Peak Shoppes is 2018 Investors' Choice & Starbuy?
- Guaranteed Net Rental Return of 5% p.a. from Year 1 to Year 5
- Guaranteed Net Rental Return of 6% p.a. from Year 6 to Year 10
- Low Entry Price at USD85K
- Choice of Freehold Retail Shops and Restaurants
- Multiple Purchase Additional Discount
- Rare Opportunity to Own a Capitaland Managed Retail for 1st 10 Years and Opt to Renew for Another 5 Years Thereafter
- High End Retail Shoppers Traffic from Shangri-La Hotel, Fully Sold Grade A Offices & Luxurious Residential in the Upmarket The Peak Mixed Development
- 55 Storeys Iconic New Landmark in Phnom Penh
- Near to NagaWorld Casino, Embassies and Cambodia Ministry of Foreign Affairs
- Buy Direct from Singapore Listed Developer, Oxley
- Booking Fee of only S$1,700
- Deferred Payment Scheme
- No Additional Buyer’s Stamp Duty
- No Foreign Levy and Capital Gain Tax
- No Withholding Tax
Over 400 Units Snapped Up in 10 Days! New Release of Retail Shops & Restaurants on a First Come First Book Basis.
Extract from The Business Times:
CapitaLand, through its wholly owned shopping mall business CapitaLand Retail, has signed an agreement to manage a mall (The Peak Shoppes) in Cambodia’s capital, Phnom Penh. The mall is the retail component of The Peak, an upcoming high-end integrated development majority owned by Singapore-based developer Oxley and Cambodian company Worldbridge Land.
The Peak, located at the Chamkarmon district in central Phnom Penh, is a 55-storey freehold integrated development which houses an office tower, the country’s first Shangri-La Hotel, two luxury residential towers with 1,014 apartment units and the The Peak Shoppes mall, which will open in 2020.
CapitaLand will oversee asset planning, pre-opening and retail management for the five-storey mall, which has a gross floor area, excluding car park, of about 420,000 square feet, and net lettable area of about 260,000 sq ft.
Said Wilson Tan, CapitaLand Retail chief executive officer (CEO): “Given The Peak’s strategic location in central Phnom Penh and high-grade building specifications, it is well-positioned to meet the requirements of quality retailers seeking to serve the growing aspirations of the city’s community.”
Ching Chiat Kwong, Oxley Holdings executive chairman and CEO said: “With CapitaLand as our retail manager, we are confident of optimising returns for The Peak by focusing on our core business of developing and marketing the project. Given Oxley’s diversified global portfolio in countries including Singapore, the United Kingdom, Ireland, China, Indonesia and Myanmar, we look forward to the possibility of deeper collaboration with CapitaLand in the future.”
Register Your Interest to Visit The Peak Shoppes Show Gallery
4 Ways to Register:
Opening Date: Mon to Sun Strictly by Appointment
Show Gallery Opening Hours: From 10am to 6pm