Description
THE PINNACLE RESIDENCE — a multifunctional complex that combines hotel-type apartments, office space, a shopping gallery and a five-star hotel of the international brand Radisson. Radisson's participation provides a world-class service standard and enhances the prestige of the facility, directly affecting liquidity. Additional advantage — ownership freehold after completion of the entire complex, rare for the Asian market and guaranteeing long-term value. An important factor for the safety of capital — lack of seismic activity in the region, which ensures the stability of investments. Construction has already been completed, so there are no risks of freezing or rescheduling, and entry into the rental market is possible immediately after purchase.
Residents and tenants are provided with the infrastructure of a five-star hotel: Sky Pool, Sky Bar, fitness center, children's and green areas, a treadmill and 24/7 service according to Radisson standards. This creates a high class of property and allows you to attract the premium segment of tenants, providing higher rental rates. Panoramic windows with views of the river and the city make the apartments more in demand.
The financial model includes 3 years of fixed income of 8% per annum, access to lending from the developer’s bank at 10–11% per annum and a guaranteed buyback after 5 years. The ability to purchase a furniture package for 5% simplifies putting an apartment into operation without additional costs. Apartments can also be rented out for short-term rent, which provides format flexibility and increases the overall level of profitability. An additional argument in favor of capitalization growth — rapid increase in land value in the region: 10 times over the past 8 years.
In Cambodia, the area is indicated according to the Gross Area — system, which includes not only the living area and balcony, but also the external walls and the share of the building's common areas. When purchasing real estate, take this feature into account.
Developer
Kingsmen Real Estate Group was founded in Cambodia in March 2015 and has seen steady growth since its founding. The company creates a closed supply chain in the real estate industry, providing a full range of services: from development and property management to retail, supermarkets and theme parks. This scale of activity allows the group to effectively use the potential of the rapidly developing Cambodian market and guarantee an integrated approach to each project.
Location
THE PINNACLE RESIDENCE is located in the center of Phnom Penh next to the National Museum, Independence Monument and government offices. This is an area with dense buildings, but practically no new projects appear. This reduces construction noise and dust and makes apartments more attractive to tenants and buyers. International schools, clinics, hospitals and the city's largest shopping centers are within walking distance, which guarantees a high standard of living and stable rental demand.
The proximity to the river and the embassy quarter provides a prestigious environment. The site is included in the city's master plan until 2035, where the south of the capital is designated as a green business cluster with a low risk of flooding — this reduces infrastructure risks and enhances the long-term value of the facility. Fast access to the new airport and the new ring road №3 provides fast transport links important for business tourists and expats.
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Units in this complex
Studio
25 floor
32 sqm
Studio
12 floor
38 sqm
1 beds
25 floor
52 sqm
2 beds
34 floor
90 sqm
2 beds
22 floor
97 sqm
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Registered address: 60/37 Moo 2 Vichit Sub-District, Muang Phuket District, Phuket Province 83000
Registration Certificate No. 0835566039726