Phnom Penh, Cambodia, July 24, 2015 /PressReleasePing/ - The Peak is an upcoming launch in Phnom Penh, Cambodia. Developed by Oxley Diamond (Joint development between Singapore listed developer Oxley Holdings & WorldBridge Cambodia), The Peak Cambodia will be the second plot of land to be developed in this joint collaboration. The first plot - The Bridge Cambodia, is launch early 2014 and is currently more than 95% sold. The Bridge was a huge success with the development popular among the both locals and foreigners as well.
The Peak features a mix development comprising of residential and commercial units. Unlike the first plot, there will be hotel being integrated into the development this time round. In the last quarter of 2014 Shangri-La press released, it is noted that Shangri-La and Oxley have signed the Memorandum Of Understanding with regards to the operations & management of the first Shangri-La hotel in Phnom Penh. The proposed 300 hotel rooms will be part of the mix development which will be located along Mekong River overlooking the spectacular view of Diamond Island.
Situated in the utmost prime area of Phnom Penh, The Peak will be 30 minutes drive away from Phnom Penh International Airport, 10 minutes drive away from the financial centre, and walking distance to the various eateries and malls such as the recently build Aeon mall from Japan. Also within walking distance will be the Naga World Casino, themeparks, International Schools, and the many Embassies found within the proximity of The Peak. Over at Diamond Island, you will find yourself with various recreational centres like exhibition centres, driving range, movie theatres and many more.
With interest growing among the younger generation locals in this modern kind of development, The Peak will be a great investment for any foreigners to consider. In fact, results from the sales of The Bridge shows that 70% of the purchasers were Cambodians. The Peak is set to be a freehold development with low capital outlay. Moreover, the developer Oxley have a healthy portfolio and track record for developing properties in Singapore in the past which includes residential property in Prime and city fringe area, commercial properties, and industrial properties as well.
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Phnom Penh, Cambodia