With the luxurious 5-Star Shangri-La Hotel next door

The Peak

With the luxurious Shangri-La Hotel next door, you will enjoy world-class service amidst tranquil surroundings, coupled with inspirational architecture and design. From the finest dining to business lounges and spa experiences, it will ensure that every palate is pampered

The Peak Cambodia is an upcoming mixed development project to be launch in Phnom Penh near Diamond Island. It will include over 900 residential apartments, about 150 retail shops, and several hotel rooms. Rising 55 storeys into the sky. The Peak Cambodia is an oasis of luxury in the clouds. A whole new level of living comes into being as the choicest picks of residences, shops, restaurants, offices and the luxurious Shangri-La Hotel come together in an integrated mixed-use development like no other.
With the luxurious Shangri-La Hotel next door, you will be treated with world-class service amidst tranquil surroundings, coupled with stunning architecture and design. From the finest dining to business lounges and spa experiences, it will ensure that every palate is delighted.

Jointly Developed By

Oxley Holdings Limited
Peak Office Developer
Headquartered and listed in Singapore, Oxley Group is a lifestyle property developer specialising in the development of quality residential, commercial and industrial projects. peak’s developments are typically located in choice areas that are easily accessible via a variety of transport modes. Most of the projects also tend to incorporate retail elements, and lifestyle features and facilities. Since its incorporation in March 2010, Oxley Group has completed 20 of the 29 launched property developments in Singapore and expanded into eight overseas markets, executing successful launches of one waterfront township development in London, and two mixed-residential and commercial developments in Cambodia.
WorldBridge Land (Cambodia) co., Ltd.
Peak Office Developer
Worldbridge Land (Cambodia) Co., Ltd. is a well-established real estate Company under the Worldbridge Group. The Company specializes in a wide range of property services such as sale and rental of all types of property, and professional property valuation. Since its establishment in May 2011, the company has grown steadily and enjoyed good success in tandem with the rising potential of the Cambodian property market. With a high confidence in the prospects of Cambodia, the Company readily ventured into property development with a vision to transform the local property market to greater heights by introducing world-class luxury living.
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Why Invest in The Peak @ Cambodia ?

  • Safety : Mainboard - listed Singapore Developer Oxley & Capitaland
  • 1st Mover Advantage into an Emerging Economy with High GDP Growth of 7%!
  • Prime Location next to Hotels, Casino, Embassies, Malls
  • ASEAN Free Trade Agreement from 2015
  • Limited Supply of Luxury High - Rise Condominiums
  • Rare Freehold
  • Fully Integrated Mixed Development - Apartments, Offices, Shopping Mall, With the luxurious Shangri-La Hotel next door
  • Tallest 55 - storey Iconic Building (Timeless Design) with Panoramic River & City Views
  • Shangri-La Hotel located above the shopping mall
  • Net Guaranteed Rental Return Of 55% over 10 Years
  • Low Quantum starting from USD1xxK
  • Surrounded by Popular Eateries, Tourist Hotspot, CBD
  • Strong Potential Capital Growth Gains
  • Potential Currency Gains from US$
  • very Low Booking Fee of only SGD$1, 700
  • Deferred Payment
  • Investor - friendly! No ABSD, No SSD, No TDSR, No Capital Gains Tax, No Withholding Tax, Low Property Tax

The Peak Features

Full Gym & Recreational Fitness
At Level 13A, stay fit and healthy by using the full facilities recreational fitness and gym. Organise a gathering and party with friends or family at the BBQ Pavilion, Poolside Lounge or Function Rooms. Pamper and relax at the Steam Rooms to elevate your sensory experience.
The Peak
High Quality Interior Furnishing
Space truly comes alive in residences designed with an eye on beauty. A clean and modern style excites sophistication yet fosters a sense of intimacy.
The Peak
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The Peak Location

The Peak
In the Heartbeat of Phnom Penh City
Right in the heart of Phnom Penh City, The Peak Cambodia faces the River Esplanade, standing at the crossroads of the city. Time is precious, and so is this location, for a mere minutes’ walk is all that is needed to get to AEON Mall and Naga World, as well as the National Assembly building, the Ministry of Foreign Affairs and the Australian Embassy. The Independence Monument and the main Preah Sihanouk Boulevard are also a short drive away.
The Peak
Invigorating Views
Days are simply sensational with brilliant views at every moment of your stay in The Peak. Feast your eyes on panorama views of the entire Phnom Penh City, Diamond Island and the river from the comfort of your apartment.
The Peak .
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Retail Mall Managed by Capitaland
The Peak
The Peak offers five levels of retail excitement at your doorstep with specialty shops, chic culinary restaurants and exciting entertainment spots to top it off, not to mention more of such fine experiences in surrounding malls to satisfy your shopping desires and daily conveniences.
The Peak .
Total Recreation
Islands of bliss in the sky, the two landscaped sky decks on levels 13A and 55 create a unique private world of lush greenery and sparkling blue pools. The experience of recreation is complete with stunning views all around.
The Peak
The Peak
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Cambodian property hotter than ASEAN average ahead of AEC
With the ASEAN Economic Community (AEC) set to commence at the end of this year, promising deeper cross-market potential for property investment, the region as a whole is experiencing a cooling effect—with the exception of Cambodia, which shows strong growth numbers according to property consultancy Knight Frank’s latest Asia Development Index.
The report states that during the first half of this year, the price for residential sites quantified across ASEAN slowed from 3 per cent growth to 1.1 per cent growth compared to the previous six months. Meanwhile, prime office space increased from 2.6 per cent to 3.6 per cent in the region.
The high-end housing markets in Singapore and Malaysia have been softened to curb speculation by measures such as the implementation of Malaysia’s Goods and Service Tax.
Indonesia, on the other hand, has been hampered in the residential sector by an economic slowdown which has damaged consumer confidence.
In addition, Bangkok’s market has shifted towards the luxury condominium sector that saw continued capital appreciation and higher profit margins, which resulted in slower, yet more sustainable growth.
Cambodia’s land prices, however, have surged by 14.1 per cent for residential, and 9.7 per cent for commercial land respectively, marking the biggest land price hike of all countries analysed.
Knight Frank’s Cambodian country manager Ross Wheble explained that the regional cooling “has benefited [Cambodia with] an influx of both foreign developers and investors seeking to take advantage of the comparatively low property prices and the relative ease at which foreign buyers can acquire freehold property (above ground floor level).”
Nevertheless, the report added that growth in Cambodia has decelerated in the second quarter of this year, suggesting prices may have reached their peak and will likely level off leading up to the AEC.
As to why prices are appearing to peak, Wheble explained the sales rates of newly launched condominium projects for the first half of 2015 compared to 2014 “have eased.”
“Which we believe is partly attributable to the increasing selling prices of newly launched developments suggesting that market prices in prime locations are reaching their peak.”
The report also noted that while office rental rates in Cambodia have remained flat, approvals for new developments have been the driving force for pushing commercial property upwards.
Wheble added that the rising value of commercial land was mirrored by planning policy while speculation over future growth potential of specific locations played a part in the formation of residential landprices.
However, he added “it is only once these future projects come on line that we will be able to accurately gauge the level of demand within the commercial sector.”
As the often touted AEC marches closer into taking effect and markets across the region have shown mixed results, Wheble said that those developments are more symptomatic of individual market conditions as opposed to the overall level of confidence leading up to the end of this year.
Source: www.phnompenhpost.com
Starbucks headed for kingdom
Starbucks is coming to Cambodia.
The US-based coffee giant will open its first outlet at Phnom Penh International Airport by the end of this year, with plans to open a second store in the city centre by the end of 2016, according to a statement on its website on Thursday.
"Cambodia is a vibrant country with a rich cultural heritage, and we are proud to bring the unparalleled Starbucks Experience to this market," John Culver, group president, China/Asia Pacific, Channel Development and Emerging Brands, Starbucks Coffee Company, is quoted as saying in the statement.
Despite its absence in the Kingdom, the coffee chain has already made an impression on Cambodia’s youth. Two years ago, Starbucks t-shirts were a common sight among trend-setting teenagers, although many had likely never set foot in a Starbucks.
Hong Kong Maxim’s Group will be the official licensee for Starbucks in Cambodia.
The US-based chain has more 21,000 outlets worldwide.
Source: www.phnompenhpost.com
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