SALES ENQUIRY : +65 61002839
PRICE OF EACH OFFICE UNIT STARTS FROM US$1xxK ONLY. DEFERRED PAYMENT SCHEME AVAILABLE
EXCLUSIVE PROMOTION FOR BUYERS - NETT RENTAL GUARANTEE OF 6% EACH YEAR FOR 5 YEARS (5X6 = 30%)
GIA Office Tower Cambodia - Next to landmark Diamond Tower
A FREEHOLD PRIME LOCATION COMMERCIAL
AN EXCELLENT INVESTMENT OPPORTUNITY IN PHNOM PENH
GIA TOWER OFFICE UNITS ARE NOW OPEN FOR SALE !
GIA TOWER CAMBODIA
Gia Tower Cambodia is a Freehold Grade A Office Tower in Diamond Island, a satellite town which is linked to Phnom Penh, the capital of Cambodia. Diamond Island is an upcoming investment hotspot in Phnom Penh and a new rich area. It has a well developed infrastructure and an inflow of foreign capital eager to establish their presence in Phnom Penh. Gia Tower is connected to the twin towers of Diamond Tower, a new landmark, via an airbridge.
At 42 storeys high, Gia Tower Phnom Penh has a total of 8 retail units, 317 office units and 326 sky bar units. These office units are now for sale with a promotion package that comes with nett rental return guarantee of 6% for 5 years. This prime location is where one can find the Korean embassy, City Hall, Canadian International School, etc.
Land price in Phnom Penh has increased by more than 15% each year for the last 5 years. There is a shortage of premium office units.
** For other freehold Phnom Penh properties for sale, we have The Peak Shops with 55% rental returns over 10 years and Flatiron Grade A office units and hotel units with up to 95% rental returns over 10 years. Kindly call or whatsapp us or fill in the form below.
GIA TOWER CAMBODIA PRICE
PRICE OF EACH OFFICE UNIT STARTS FROM US$1xxK ONLY
NETT RENTAL GUARANTEE OF 6% EACH YEAR FOR 5 YEARS
GIA TOWER PRICE PAYMENT SCHEDULE
1. 100% Payment, OR
2. 50% Downpayment, 50% Deferred Payment, OR
3. 50% Progressive Payment, Balance 50% Deferred Payment
WHY BUY GIA TOWER CAMBODIA
- 6% nett rental return guarantee for 5 years
- Estimated 15% capital appreciation
- Get the best price by being the 1st to buy before the official launch
- Price starts from US$1xxK Only
- Freehold Grade A office
- Gia tower Prime location - Diamond Island
- Minutes to Aeon Shopping Mall and Naga World (the only casino in Phnom Penh)
- Connected to Diamond twin tower, a landmark
- Concierge services
- Grand lobby with 30-metre majestic waterfall entrance
- Sky garden on 8th, 18th and 28th floor
- Reputable developer OCIC (Overseas Cambodian Investment Corp) and CHIP (Canadia Bank)
CAMBODIA PROPERTY MARKET
- Increasing demand for office space surpasses existing supply
- Growing domestic market - 70% of the population are under 30 years old. They form the driving force of Cambodia’s Economic Growth
- Increasing property price - prices are increasing at 15%-20% per year with annual rental returns above 8%
- Strong demand for offices and apartments - With increasing foreign companies in Cambodia, the number of resident foreign staff has exceeded 55,000. The result is high rental demand for both commercial and residential properties.
- Extremely Friendly & Favourable Investment & Business Climate - 100% Foreign ownership allowed (with the exception of land).
Easy and full-free repatriation of profits.
GIA TOWER PHNOM PENH PROJECT DETAILS
Project Name: GIA Tower
Location: Diamond Island in Phnom Penh
Site Area: 3839 sqm
No. of Units: 8 Retail Shops,
306 Small-Size Office Units,
11 Big-Size Office Units and
326 Sky Bar Units
No. of Storeys: 42 floors
Parking Space: Approx 382 lots
TOP or Expected Date of Completion of Construction : September 2021
GIA TOWER LOCATION - NEXT TO DIAMOND TOWER
GIA Tower Cambodia, a Grade A Freehold Office Tower is located in Diamond Island, Phnom Penh. Diamond Island is the 1st special administrative division of the capital Phnom Penh. A satellite town in itself, Diamond Island has a well-developed infrastructure of roads, power supply and drainage. Gia Tower Cambodia is located just next to the new landmark twin 30-storey high Diamond Towers as it is connected to the air bridge.
Gia Tower location is where one can find established buildings like the Korean Embassy, the City Hall, the Canadian International School, the Opera House, the International Convention and Exhibition Center, the Wedding Plaza, and the French Luxury Street, etc. Diamond Island is connected to the city center of Phnom Penh which is just across the river. Three bridges inter-connecting with each other are built across the river. Located in this prime area, Gia Office Tower is adjacent to well-known names like Sofitel Hotel, Shangri-La Hotel, AEON Mall, Toyoko Inn Grand Hotel, and Naga World. This area has been touted and designated to be a new rich area with immense potential.
WHY INVEST IN PHNOM PENH OFFICE UNITS?
PHNOM PENH PROPERTY MARKET OUTLOOK FOR OFFICES
There is an exceedingly strong demand for office space created by an inflow of foreign capital in Phnom Penh. These foreign companies are leveraging on the improved economy to set up offices here. This has created a resident foreign staff strength that exceeds 55,000. This has led to a shortage in supply of office space.
Statistics show that the in year 2017, commercial offices in Phnom Penh account for only 330,000 square metres, of which Grade A offices account for only 16%. Demand for Grade A offices is strong and with the limited supply, the rent has been steadily climbing.
Monthly Asking rent for prime office space ranged between US$28 and US$38 per sq m per month (excluding service charges and tax). During H2 2017, Grade B and C asking rents remained unchanged; Grade B rent ranged between US$18 to US$25 per sq m per month, whilst Grade C office rents ranged between US$8 to US$15 per sq m. The average asking rent across all office grades was recorded at US$16 per sq m per month as at H2 2107.
Prices of strata title office units remained flat, ranging from US$2,000 for Grade B units to as high as more than US$4,500 per sq m for Grade A units.
GIA TOWER CAMBODIA DEVELOPER
Gia Tower Cambodia developer is a consortium which consists of three prominent and reputable companies.
1. OCIC (Overseas Cambodian Investment Corp). This group is in charge of Cambodia's finances and the development and progress of Diamond Island
2. CHIP is the holding company of Canadia Bank, the largest bank in Cambodia, and is also partly in charge of the development of Diamond Island
3. Taiwan CC House, an international property management company
GIA TOWER FLOOR PLAN - OFFICE UNITS FOR SALE
GIA TOWER CAMBODIA OFFICE UNITS FLOOR PLAN
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For more information, get Early Bird Discount, receive floor plan, ebrochure, price, etc, pls call us at +65 61002839 or Fill in the Form below. We can be reached at anytime. Thank you.