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SKY31 CAMBODIA

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FREEHOLD MIXED DEVELOPMENT IN HEART OF PHNOM PENH

Sky31 in Cambodia is a freehold mixed development project located in prime residential Toul Kork district of Phnom Penh. Sky31 is a world-class high-end condominium profesionally developed by Asia Continent & Development Co., Ltd

Sky31 sits on a land measuring 2546m² with total gross floor area of 44181.7m² comprising a total of 230 units. So far, it is the only luxurious apartment project in the city center that integrates residential, F&B, retails outlets and recreational uses all in one complex. The ground-breaking new height of 31 storeys has also redefined the landmark in the Toul Kork district.

Toul Kork’s district is strategically anchored between Phnom Penh’s old town and new town. This historical district, which used to cater mainly to the well-to-do, is fast becoming a new hub filled with vibrant activities. International hospitals, schools, apartments, banks, restaurants and multinational corporations are rushing to set their foot here. More foreigners, expatriates and local high-net-worth individuals also opt to settle down in this district.

SKY31 IS A TROPHY IN LIFE

Sky31 is a high-end apartment epitomises the paragon of life with its attributes of value, scarcity and capital appreciation

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PHNOM PENH A LAND OF IMMENSE OPPORTUNITIES

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Phnom Penh, the capital of Cambodia, is a hub for political, economic, cultural, transport and trading activities.

In 2006, the Phnom Penh Special Economic Zone was established, attracting more than US$90 million worth of foreign investment and funds

In 20012, the 20th ASEAN Summit has hosted by Phnom Penh, creating far more opportunities than before

In the year 2010, the Foreign Investment in Real Property Act was enacted and the real estate market has been experiencing strong growth since then, driving up property prices; Sky31 will be an iconic landmark at Phnom Penh’s gateway with ample room for capital appreciation.   

ATTRACTIVE INVESTMENT RETURNS

Cambodia has illustrated a strong and steady property growth with its average property prices rising steadily at a rate of above 15% annually.

In the second and third quarters of 2014, property prices rose 20% while transacted prices for private land was 30% higher in Toul Kork district.

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