The Peak @ Cambodia represents the new icon and heart beat of Phnom Penh (Capital of Cambodia) will spread 55 storeys into the rising sky. Anchoring as a whole new level of confident, tall and elegant building in the clouds, The Peak @ Cambodia represents the convenience of modern and new level of lifestyle in an integrated mixed-use development comprising of condominiums, retail shops, and food & beverages restaurants. In addition, the prestigious Shangri-La Hotel is located within the The Peak, thus sharing the same address. Shangri-La Hotel, being an international branding is a logo of luxurious and classy distinction with its fine dining restaurants, bars, ballrooms, business lounges and SPA in a world class tranquil surrounding.
Inspired design in Stylish bronze, a colour symbol of luxurious, The Peak has two towers comprising of a total of 1000 units (500 units in each tower). The specially crafted sophisticated, sleek and elegant dynamic architecture will shine on The Peak @ Cambodia as the exciting part of Phnom Penh to create a new level of activity hub both day and night.
Everywhere in the world, waterfront living is the desired premier lifestyle choice of residences. The Peak faces the River Esplanade which offers the unbeatable panoramic waterfront view, entire exclusive Phnom Penh City and Diamond Island view at the comfort of your home.
It is only minutes walk to AEON Mall and Naga World Entertainment which offer amenities, leisure and entertainment. Cambodia’s government bodies such as National Assembly building, Ministry of Foreign Affairs, The Independence Monument, Australia Embassy, Cambodia Financial Centre are also a short drive away.
Last but not least, residents staying in The Peak @ Cambodia will indulge in a desirable lifestyle with five levels of retail shops, culinary dining concepts and entertainment, all within The Peak. Featuring 1000 units of luxurious homes with secured lobbies, the Peak offers a lush landscape concept and indulgence facilities such as Sky Gym, Sky Lounge, Infinity Pool etc on both level 13 and 55 Entertainment Deck.
Developer: Oxley Gem (Cambodia) Co. Ltd – Jointly developed by Oxley International Holdings Pte Ltd (Listed in Singapore Stock Exchange) & Worldbridge Land (Cambodia) Co. Ltd
Address: Village No. 14, Sam Dach Hun Road Sen Road, Chamkarmorn District, Phnom Penh City, Kingdom Of Cambodia
Unit Types: 1014 Units
Studio: To be confirmed
1 Bedroom: To be confirmed
2 Bedroom: To be confirmed
2 Bedroom + Study: To be confirmed
3 Bedroom: To be confirmed
Penthouse: To be confirmed
TOP on Paper: To be confirmed
Launch Date: Aug 2015
Register your interest with us and we shall keep you posted when The Peak is ready for viewing and also more information is available.
Why there are Tremendous Investment Opportunities in Cambodia?
1. Political Stability, Advantageous Location & Increasing Global World Trade Business Integration
Cambodia is positioned at the heart of Southeast Asia and with Political Stability under the leadership of Hun Sen (Cambodia Prime Minister) since 1998, Cambodia joined ASEAN in 1999 and WTO in 2004. Since then, a new chapter has been rewritten with Cambodia’s economy propelling towards a high growth economy experiencing enormous economic boom over the last fifteen years with average annual growth of 8%.
2. Cambodia is very attractive to foreign investors, free repatriation of profits & Investment protection
The government has adopted a welcome policy to foreign capital and stay committed and dedicated to build a stable competitive investment environment, thus attracting investors from around the world. With a free market economy such as no requirement of local equity participation, no restriction on remittance of foreign currencies abroad etc, foreign direct investment has increased significantly with Cambodia emerging as long-term growth opportunities across various industries. Finally, as a WTO member, Cambodia benefits from duty free or preferential export access to developed economies.
3. Advantageous Labor Youthful Population with Growing Domestic Market
Complementing the country growth is Cambodian youthful population which will offer competitive labor force advantage for many firms. With low labor costs, rapidly increasing education levels with literacy rate surpassing 75%, Cambodia thus creates a ready and active work force participation in its labor-intensive manufacturing. With urbanization also in the process, this youthful population will spur growing domestic market with their purchasing power. Gradually, household formation increases which will directly spur demand for homes. The residential market in Cambodia is very promising with the rise of more apartment and condominium buildings. Leasing for Apartment, Villa and Condominium also increased from 80% to 95% occupancy on average.
4. Stable monetary policy & Cambodia Securities Exchange (CSX)
Cambodia has a a stable monetary policy (US$) as it is a largely “Dollarized” Economy. Traditionally, banks have been the main source of funding for businesses in Cambodia. Funding for businesses in Cambodia has evolved with the access to securities markets which Cambodia officially launched the stock exchange on 11 July 2011. The Cambodia Securities Exchange (CSX) is a joint venture between the Cambodian Ministry of Economy and Finance, which controls 55%, and the Korea Exchange (KRX), which holds 45%.