The Peak Shoppes
The Peak Shoppes
The Peak Shoppes

The Peak Shoppes

The Peak Building
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 Developer By

Oxley Holdings
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.
The Peak Retail Mall
CapitaLand
Peak Office Developer
CapitaLand is one of Asia’s largest real estate companies. Headquartered and listed in Singapore, it is an owner and manager of a global portfolio worth S$91 billion as at 31 March 2018, comprising integrated developments, shopping malls, serviced residences, offices, homes, real estate investment trusts (REITs) and funds. Present across more than 150 cities in over 30 countries, the Group focuses on Singapore and China as core markets, while it continues to expand in markets such as Vietnam and Indonesia.
CapitaLand’s competitive advantage is its significant asset base and extensive market network. Coupled with extensive design, development and operational capabilities, the Group develops and manages high-quality real estate products and services. It also has one of the largest investment management businesses in Asia and a stable of five REITs listed in Singapore and Malaysia – CapitaLand Mall Trust, CapitaLand Commercial Trust, Ascott Residence Trust, CapitaLand Retail China Trust and CapitaLand Malaysia Mall Trust. The Peak Shoppes
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The Peak Shoppes
DEVELOPER CapitaLand, through its wholly owned shopping mall business CapitaLand Retail, has signed an agreement to manage a mall in Cambodia’s capital, Phnom Penh. The mall is the retail component of The Peak, an upcoming high-end integrated development majority owned by Singapore-based developer Oxley and Cambodian company Worldbridge Land.
The Peak, located the Chamkarmon district in central Phnom Penh, is a 55-storey freehold integrated development which houses an office tower, the country’s first Shangri-La Hotel, two luxury residential towers with 1,014 apartment units and the mall, which will open in 2020.
CapitaLand will oversee asset planning, pre-opening and retail management for the five-storey mall, which has a gross floor area, excluding car park, of about 420,000 square feet, and net lettable area of about 260,000 sq ft, CapitaLand said in a filing with the Singapore Exchange on Tuesday.
Said Wilson Tan, CapitaLand Retail chief executive officer (CEO): “Given The Peak’s strategic location in central Phnom Penh and high-grade building specifications, it is well-positioned to meet the requirements of quality retailers seeking to serve the growing aspirations of the city’s community.”
Ching Chiat Kwong, Oxley Holdings executive chairman and CEO said: “With CapitaLand as our retail manager, we are confident of optimising returns for The Peak by focusing on our core business of developing and marketing the project. Given Oxley’s diversified global portfolio in countries including Singapore, the United Kingdom, Ireland, China, Indonesia and Myanmar, we look forward to the possibility of deeper collaboration with CapitaLand in the future.”
Source: Businesstimes.com.sg

5-Star Shangri-La Hotel Above The Peak Shopping Mall

The Peak Shoppes
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THE PEAK SHOPPES LOCATION

The Peak Shoppes
The Peak at Cambodia shares the same address as Shangri-La Hotel Cambodia and it is within walking distance to NagaWorld Casino, Embassy of Australia, Embassy of Russia, Ministry of Foreign Affairs, National Assembly, Dream Land, and Aeon Mall.
With just merely 5 minutes ride, you can also reach the Phnom Penh Independence Monument, Elite Town Golf Club and Koh Pich City Hall.

Why invest in The Peak shoppes

  • 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
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Cambodian property hotter than ASEAN average ahead of AEC
The Peak Shoppes
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
The Peak Shoppes
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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The Peak Shoppes
The Peak Shoppes
The Peak Shoppes
The Peak Shoppes

Project Facts

Developer : Oxley Gem (Cambodia) Co. Ltd
Site area : 12,670 sqm
Tenure of Land : FREEHOLD
Address of Project : Village No.14 Sam Dach Hun Sen Road, Tonle Bassac Commune,
Chamkarmorn District, Phnom Penh City
Kingdom of Cambodia
Retail Podium : Duplex Shophouses on Ground Level &
4 Floors of Retail units from Level 1 to 3A
8 Floors of Carpark from Level 5 to 12
Office & Hotel Tower : 15 Floor of Office Units (250 units)
18 Floors of Hotel rooms with 8 Floors of Hotel Facilities
Residential Tower 1 & Tower 2 : Tower 1 (507 units) and Tower 2 (507 units)
Total 39 Floors from 15th Flr to 53rd Flr with 2 Floors of Recreation Deck on level 13A & 55
Construction Permit : 126MLMUPC/GLMUP
Project Completion : Estimated Dec 2020
Guaranteed Rental Return "GRR"

    Total 55% Rental Guarantee Over 10 Years

  • 1) ) 1st – 5th Year – Net 5% p.a. on purchase price
  • 2) 6th – 10th Year – Net 6% p.a. on purchase price
  • 3) 11th – 15th Year – Renewal based on mutual agreement, subject to voting

Level 2 & Level 3 Shops

Unit Types No. of Units Indicative Unit Areas (sqm)1 Est. Ceiling Height
Retail 168 4.54 - 94.73 3.0 - 3.5m
Retail with Water Point 46 8.69 - 29.29
Restaurants 40 5.11 - 27.78
Total Units: 254 Units

The Peak Shoppes Floor Plan

Level 1
The Peak Shoppes 1st Storey Siteplan
Level 2
The Peak Shoppes Floor Plan
Level 3A - Food Court, Food Street & Entertainment
The Peak - 3A Level Plan

Star Buy Units

Level 2 #02-09 Shop with Water Point USD 177,000
#02-206 Shop with lowest price USD 153,000
#02-144 Shop with frontage USD 230,00
Level 3 #03-79 Shop with Water Point USD 166,000
#03-206 Shop with lowest price USD 148,000
#03-211 Shop with frontage USD 237,00
Level 3A #3A-43 Shop with Water Point USD 214,000
#3A-93 Shop with lowest price USD 121,000
#3A-04 Restaurant USD 162,000
Booking Fee & Progress Payment
  • 1) A non-refundable reservation fee of S$1700 is payable upon reservation (equivalent to US$1200) Please use attached Reservation Form
  • 2) 20% of purchase price, less reservation fee paid, is payable within 14 days of reservation with exchange of contracts

Payment Process

Duration Progressive Payment Cumulative Total
Signing of SPA 1st 20% 20%
31-Dec-18 2nd 10% 30%
31-Mar-19 3rd 10% 40%
30-Jun-19 4th 10% 50%
Handover Date/Completion Final 50% 100%

Enquiry form

Sales Enquiry: (+65) 9009 8348

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The Peak Condominium