Source: Angkor.co, July 4th, 2015
Phnom Pen has dramatically seen to be the fastest growth in term of population, the land price and expansion of the capital. 111 stories tall of condominium building will appear in Phnom Penh soon. It is expected to complete construction in 2018. The Garden Residency condominium will be built by a real estate company, JS Land Limited of Malaysia with an area of 28 m2 and 55 m2, which consists of a total of 212 units, two swimming pools, two aerial garden and a garden on rooftop of the building. It is located in Sen Sok district, Phnom Penh.
JS Land Limited has cooperated with May Bank Plc to ease buying and payment process for customers. Customer can just pay 30% of the total price to get a unit and additional 70% can pay later. You can loan house up to 25 years in the interest rate of 9% annually.
The condominium is located in the central of Phnom Penh. The building will become the comfort zone for high class residents both locally and internationally. This is a great business opportunity for local residents who live surrounding there. They can run different kinds of businesses. They can supply a number of services to those high class people. The demand for products or services supply will be keeping increase over time surrounding that area. Therefore, it is an optimistic future prediction of tremendous business activities near the condominium.