After the 2013 property market crash, the Cambodian real estate took a bit of a downturn as the value of most condominium developments in the country dipped. After a brief recession period, the market has slowly picked up due to favorable government policies and increased demand as more people are looking for modern housing solutions.
One property that has been making waves in the Malay property scene is The Gateway; the condo is upcoming near launch located along Russian Boulevard in Phnom Penh, Cambodia. The location is a walking distance to major parts of the city.
The Gateway will be a mixed development comprising of 2-storey Retail and a 7 Storey Carpark podium, a 24-Storey Office Tower (299 units 36 storey high) and a 26-Storey Residential Tower (572 units 39 storey high) with Sky Terrace and Basement Car Park.
The condo will have a wide variety of layouts ranging from 1-bedroom to 3 bedrooms catering for families of diverse sizes providing its residents with a modern urban living experience at the heart of the city.
The condo is developed by the well-renowned TACC (C.R) Ltd (Singapore Developer – Tiong Aik and Alpha Property Construction Cambodia.
The Gateway is located right at the heart of the city that connects with other parts of the city, providing the ultimate convenience for its residents.
In regards to transport, the condo offers unrivaled access. The Gateway is a walking distance to plenty of MRT stations and major roads that connects to different parts of the city, providing residents with easy and hassle-free movement. For residents without cars easier access to public transport is a major plus especially for working-class professionals.
The condo is a haven of lifestyle feature; its convenient location offers full access to entertainment, shopping, and dining amenities that will cater for every needs and requirement of its future residents. With the Gateway Condo, there is convenience everywhere you go.
The Gateway offers world-class medical care as it’s within walking distance to major hospitals for all your medical emergencies, residents can rest assured of getting around the clock health protection.
The Gateway Developer
TACC (C.R) Ltd is a subsidiary of TA Corporation Ltd, a Singaporean based property investment holding company. The Company is engaged in property, construction, distribution, and provision of workers training and accommodation in Singapore. Its portfolio includes construction, real estate development and investment, distribution and others
TA Corporation is a well-established property player with over 40-years’ experience in the construction industry and 20 years in the property development segments. The firm is known for developing high-quality homes with state-of-the-art features that target middle to upper middle markets.
Through its strategic growth expansion, TA has formed partnerships with other real estate developers to establish a global foothold in the global property market through joint-venture partnerships in the People’s Republic of China, Thailand, and Cambodia.
With the ability to undertake a wide variety of construction projects for both private and public sector clients, most of TA Corporation’s clients are well-known names that include many Singapore government organizations.
Some of the notable projects by the developer over the years include:
The Skywoods, a modern condominium development amid natural eco-system
Gambir Ridge, the perfect place to call home in a serene and tranquil environment.
The Cristallo, experience modern unit that are spacious and luxurious.
The Gateway Amenities
The condo’s convenient location offers easy accessibility to almost any part of the city, from supermarkets, retail stores, banks, shopping malls you name it, residents will have complete access to these exciting amenities.
Located at the heart of the city, the developer has factored how hectic it is to live within the city center by providing utmost comfort to its future residents.
The Gateway near Lucky Supermarket, the perfect place for all your home and shopping needs. You’ll never run out of essential household goods.
The Gateway near Mr. Mediterranean, a top restaurant to whine and dine with family.
The Gateway near Naga World, one of the largest 5-star hotels and the only luxury premium casino in Cambodia.
The Gateway near Phnom Penh City Center, the go-to leisure and relaxing spot to chill with the family during weekends and holidays.
The Gateway near Royal Rattanak Hospital, a modern hospital for all your medical emergencies.
The Gateway near aeon mall 2 Cambodia, a premier shopping mall that houses both local and international brands.
The Gateway near Orussey Market, the best hawker’s market where you can get virtually anything at unbeatable price.
The Gateway near Parkson Mall, a multi-purpose shopping complex where you can discern a wide variety of lifestyle options.
The Gateway near Prime Minister Office
The Gateway near romdeng restaurant in Phnom Penh, a top eatery where you can indulge in local cuisines and delicacies.
Cambodia has achieved stable economic growth rates over the past couple of years in different sectors of the economy, one of the main factors is direct foreign investment into the country.
Cambodia is a destination hub for foreigners and provide the perfect spot for their holiday gateways; the condo is strategically located to provide world-class accommodation to tourist increasing rental rates and occupancy rates.
There is a growing trend among Cambodian’s home-seekers for elegance and class, The Gateway Condo will have cutting-edge features to complement all your needs making it a catchment condominium development boosting the potential for high capital growth and premium rental yields.
Schools nearby The Gateway
One of the key benefits with living in a modern condominium development is its proximity to schools, The Gateway is nearby plenty of prestigious educational institutions right from primary to tertiary level providing your kids with the best learning experience.
Parents will have a wealth of options to choose from ensuring their kids only get the best, on the plus parents will be able to pick and drop off their kids on their way to work saving both time and money.
Some of the most acclaimed schools within the condo’s vicinity include:
The condo’s facilities plan is essential as it enables residents pinpoint condo’s facilities and act as a guide for them to easily move around the condo.
pace truly comes alive in residences designed with an eye on beauty. A clean and modern style excites sophistication yet fosters a sense of intimacy. Enhanced with spacious balconies, home becomes a destination in itself.
The condo has an effective space management crafting out luxurious and spacious units that will complement and sync with the modern lifestyle of its residents. The condo has various layouts ranging from 1-bedrooms to 3-bedrooms
The Gateway @ Cambodia Price for 1 bedroom: USD 143K
The Gateway @ Cambodia Price for 2 bedrooms: USD 224K
The Gateway @ Cambodia Price for 3 bedrooms: USD 280K
The Gateway @ Cambodia Price for Offices: USD 197K
The Gateway Review
The Gateway Condo is a magnificent place to call home for both you and your family, it has a central location which will cater for all of your needs. Here are some of the TOP reasons why you should seriously consider booking your unit in advance
Potential High Returns & Capital Appreciation of projected doubling every 5 years due to increasing land prices & construction costs in Prime Central district of Phnom Penh
It has potential for high rental yields
Prime Location in Phnom Penh City; in Central Business District
Leverage on First Mover’s Advantage at the start of the property boom
Its close by plenty of convenience from shopping to dining options
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