Cambodia, Current Launch From $125,000 USD - Commercial, Retail, Serviced Residence
COSMOPOLITAN WORKING | CULTURED LIVING
Cambodia, Phnom Penh, Flatiron is a 41 storey iconic commercial development with serviced residence managed by Citadines a brand under the management of Singapore leading developer, CapitaLand and Grade A office space with total gross floor area of about 84,000 sq meters featuring a circular drop off area at the entrance of the building, gracious pedestrian space and beautiful landscaping.
Flatiron Cambodia adopted from the iconic building located in New York City. Rising up from a triangular wedge of land between Broadway, Fifth Avenue and East 22nd Street where the building was erected and give it and excellent view.
Flatiron is a freehold commercial property with Grade A offices and Serviced Residence nestled in the heart of Phnom Penh city centre. Inspired by New York’s greatest architecture, Flatiron, delivers the same quality building in the capital of Cambodia, Phnom Penh. The office suites will occupy level 9 to 27 and Citadines Flatiron Phnom Penh will be at level 28 to 41 with a sky bar at level 42.
Cambodia Flatiron showcases the creativity of the new generation yet retaining the essence of Flatiron in New York city and modernizing with massive contemporary glass structure and state of art interior facilities.
Who is the developer?
Hong Kong-based Meridian International Holding is a multinational group of companies with a strong base in the textiles & garment business and property investment is no stranger to Cambodia. With over 70 years combined experience in manufacturing and marketing operations in Hong Kong, China, Europe, Singapore, Japan and Cambodia, the group has been investing and conducting business in Cambodia for many years. It has invested over $100 million, providing jobs for more than 1,000 people across its business units and is continuing to fund and grow the group’s contributions in Cambodia.
Apartment Hotel Managing Partner
Flatiron Cambodia Citadines Apart’Hotels will be fully managed by CapitalLand-Ascott Group under the Citadines Brand. It is an international serviced residence owner-operator with more than 73,000 units in over 500 properties, spanning over 130 cities across 30 countries like the Americas, Asia Pacific, Europe, the Middle East and Africa.
The asset size of Ascott Reit has grown to S$5.2 billion, four times the amount since it was listed on the Singapore Excahange Securities Trading Limited (SGX – ST) in March 2006. Ascott Reit clinched the “Best REIT (Asia)” award by World Finance magazine at its Real Estate Awards in 2015. With international renowned service residence operator such as Ascott group on board to manage your unit, rest assured that your investment will be hassle free and high in return.
Why invest in Flatiron Cambodia?
- Rare supply of Grade A Office and Apartment Hotel
- Hassle free investment as it will be fully managed by developer
- Guarantee rental return 85% (Apartment Hotel) and 95% (Grade A Office) over 10 years
- Buy back option at year 10 by developer
- All return and buy back in US Dollar – Not exposed to emerging market currency fluctuation
- Prime location at the Phnom Penh city centre – very near to Prime Minister Office and other minister offices
- Short supply of Grade A office and demand for office space is growing strong
- The only Apartment Hotel available for investment in Cambodia
- High growth of economy at 7% per annum
- Affordable entry price only from USD 125k
- Low cash outlay with deferred payment scheme
Flatiron Citadines Location
Flatiron Citadines is located in the prestigious spot of Phnom Penh City Centre. It is truly at the heart of the vibrant city of Phnom Penh where international talents meet with local expert.
Showsuite Viewing Appointment
A viewing is worth more than a thousand words. Nothing can be compared to visiting the showsuite and personally experience it for yourself. Come, touch and feel what it is like to own an investment in Phnom Penh city. Enjoy and let your investment grow over time. Foreigners who are not in Phnom Penh, we will make arrangement for you to view the Flatiron showflat in Phnom Penh. For quick response to your questions, call Flatiron Citadines Enquiry Hotline +65 6100 6760 or Live WhatsApp chat +65 8218 1606
Developer Update: Low capital outlay with guaranteed rental return of 85% over 10 years for residence and 95% for office space. Flexible deferred payment scheme till 2021.
- Developer: Meridian International Holding
- Units Mix: Garde A Office | Serviced Residence
- # of Units: Office 272 | Residence 330
- Completion Year: 2021
- Tenure: Freehold