The Gateway @ Cambodia
The Gateway - Developer's Profile
- The developer, TACC (C.R) Ltd., is a subsidiary of TA Corporation Ltd. TA Corporation Ltd is an established quality property and construction group with a track record of over 40 years’ experience in the Singapore construction industry and 20 years’ experience in real estate development.
- Inaugurated in 1972, TA Corporation entered the real estate development business in Singapore, backed by their experience in working with major real estate developers. Targeting middle to upper middle markets, they have since ventured overseas through joint-venture partnerships in the People’s Republic of China, Thailand and Cambodia.
- Today, TA Corporation also provides services such as steel fabrication and metal works, worker training and test centres in India, Philippines and Singapore, as well as the design, installation, and maintenance of air-conditioning and mechanical ventilation system.
The Gateway at Cambodia
The Gateway @ Cambodia is a sought after address of an active and well-travelled city dwellers and business owners. Developed by the eminent TACC (C.R) Ltd, the newest mixed development will consist of retail, residences and offices in the heart of Phnom Penh, Cambodia. Integrating an exquisite blend of mid and high rise towers, The Gateway @ Cambodia is expected to be competed in 2019. The project will include residential unit options ranging from 1 to 3 bedroom and an office size of 474 to 1152sf. Therefore, the market-driven development strategy will appeal to a diverse group of professionals with varied lifestyle needs and economic capabilities, while the outdoor facilities extend a convenient living experience for all. With more than 800 widely spaced units, the exterior design pattern will integrate prominent green spaces surrounding the building. The subject property will also provide more exclusive gathering spaces for occupants. From indoor perspectives in the articulated towers, The Gateway @ Cambodia features an enticing community swimming pool, BBQ area, Wading pool, Function rooms, Fitness Gym and many more recreational areas. The clubhouse characteristic will promote lively community interaction, whereas the separate garden spaces will allow for personal retreat.
Reasons to Invest in the Frontier Economy of Cambodia:
THE GATEWAY @ CAMBODIA!
- Enjoy the First Mover Advantage in the Fast Growing Economy of Cambodia NOW!
- Rare FREEHOLD Strata Title Grade “A" Offices for Sale from only US$197K / SGD$275K
- Within walking distance from upcoming Parkson Mall which will be completed in 2017
- Within Central Business Districts where Bank HQs are located for Ease of Business Transactions for companies
- Alongside main axis of Russian Boulevard streaming with International Traffic
- Directly adjacent to prestigious Prime Minister’s Office and other government ministry offices
- Own a prestigious office unit alongside the iconic Vattanac Capital & Canadia Tower where rentals are already fetching about US33psm now!
- Enjoy panoramic unblocked views of the cityscape and Cambodian Heritage architecture from one of Phnom Penh's tallest & iconic building!
- Enjoy High 3.8m Floor To Floor Ceiling
- Attractive pricing from only $2xx psf!!
- Enjoy Guaranteed Rental Return up to 16% over 2 years! Up to 10% rental yield per annum!*
- Invest with Peace of Mind with Singapore public-listed developer Tiong Aik Pte Ltd!
- Offices sizes from 44sqm to 107sqm and configurable to various sizes
The Gateway @ Cambodia Project Details
- Developer : TACC (CR) Pte Ltd
- Tenure : Freehold
- Type : Mix Developement with Integration with residential apartments, offices and recreational facilities
- Total Residential Unit : 527 Total Office Unot : 299 Residential
- Unit Mix : 1 Bed Room (420 sqft) / 2 Bed Room (700 sqft) / 3 Bed Room (883 sqft) office Size : 474 to 1152 sqft
- TOP Date: End of 2019
The Gateway @ Cambodia Price and Psf
- Attractive Pricing from only $2xx PSF
- Rental Guarantee @ 16% over 2 years for Office
- Rental Guarantee @ 12% over 2 Years for Residential
- The Gateway @ Cambodia Price for 1 bedroom : USD 143K
- The Gateway @ Cambodia Price for 2 bedroom :USD 224K
- The Gateway @ Cambodia Price for 3 bedroom :USD 280K
- The Gateway @ Cambodia Price for Offices : USD 197K
The Gateway @ Cambodia Payment Schedule
- Booking Fee of USD $1000 or S$1,400
- 15% less booking fee within 14 days of booking
- 10% by 1st March 2016
- 10% by 1st September 2016
- 10% by 1st March 2017
- 10% by 1st September 2017
- 5% by 1st March 2018
- Balance 40% upon completion (estimated Dec 2019)
The Gateway Cambodia - Fee and Taxes
- Legal Fee : $50 to $100 if using notary public fee for witnessing signature
- USD $300 upward for Cambodian Lawyer(optional)
- Stamp Duty (Transfer fee for hard title) : 4% property value payable upon
- Handover Tax on immovable property : 0.1% per annum (value determined by immovable property assessment committee)
- Tax on rental income : 10% per annum on gross rent
- Capital gain tax : Not Applicable for individual 20 % for corporate
- VAT : 10%
The Gateway - Why Investors Love Cambodia?
More investors are seen investing in Cambodia, both in import / export and also foreign direct investment with steady growth. Cambodia has undergone much change from a third world country to a urbanized kingdom, mainly from government pro-business policies which attracts the influx of foreign investors and MNCs.
Few possible reasons for the tremendous growth in phnom penh, Cambodia.
- Strong GDP Growth : Cambodia has experience high GDP growth since 1999 with an average of 8%.
- Young and Value for money workforce : Workforce remains lowest in Asia and most of them are now literacy.
- Political Stability : with Prime Minister Hun Sen in power since 1985.
- Pro Business and Investment Policy : No Capital Gain Tax, attractive investment incentives and 100% foreign ownership.
- Increase Trade Integration : Part of ASEAN member which offers duty free or preferential export to region and other Countries
- 1st Mover Advantage : As Cambodia starts to open up for foreign, its open a first mover advantage as compared to other South East Asia countries which is still developing or is already developed. It thus presents a last investment frontier in the region.
The Gateway Cambodia Location
- The Gateway @ Cambodia will be an iconic mixed development along Confederation De La Russie (Russian Boulevard) and will have world-class amenities meeting the standards of its developer.
- It is near to prominent shopping malls, schools, banks, hotels and other private and public esatblishments.
- Highlighting a lush and sophisticated living and livelihood experience, The Gateway future residents will surely experience an iconic address inspired by the icon itself.
- Excellent connections to various parts of the city
Enquiry Form
Sales Hotline : (+65) 9009 8348