|Location :||14 National Assembly Street, Tonle Bassac Commune, Phnom Penh City, Kingdom of Cambodia|
|Developer :||OXLEY & Worldbridge Land Cambodia|
|Site area :||Approx 10,090 sqm|
|T.O.P./Completion :||2018 – Retail shops ready by early 2018|
|Retail shopping mall – Number of floors :||5-storey|
|Retail shopping mall – Number of units :||630 (549 shops, 47 F&B, 1 Supermarket, 1 Food Court & 32 Shophouses)|
|Buyer’s eligibility :||Foreigners (e.g. Singaporeans/PRs/others) eligible to buy up to 70% of development and non-ground floor units|
|Parking :||1,034 Car Park Lots & 385 Motorcycle Lots (Top 4 Levels of Car Park allocated for Shopping Mall Visitors)|
|Apartments – Number of floors :||45-storey|
|Apartments – Number of units :||762 (Majority SOLD OUT!)|
|SOHO / Grade A Offices – Number of floors :||40-storey (equivalent to 45-storey due to high 3.6m ceiling)|
|SOHO / Grade A Offices – Number of units :||963 (100% SOLD OUT! Resale units available! Contact me or click for details of THE BRIDGE SOHO)|
Located in the heart of Phnom Penh overlooking the magnificent Skyline of the City, The Bridge is a 45-storey mall that is composed of 2 unique and incredible towers that are connected by 2 sky bridges that provide immediate access to everything that the building offers.
The Bridge boasts 5 levels of retail space for all kinds of shop spaces. There are shophouses, food courts, shop units, restaurants, banks, stores and supermarkets as well as secured car parking and a central atrium spine.
There are plenty of reasons why you should invest in The Bridge.
One of these is the fact that it’s the first integrated mixed development mall in Phnom Penh.
The Bridge has a high rental guarantee scheme in Cambodia market over 10 years.
You will have a first mover advantage in developing Cambodia now, just like Manila and Bangkok years ago and enjoy potential currency exchange gains with the advantage of USD.
The Bridge is located in a prime location opposite Shangri-La Hotel, similar to Orchard Singapore.
Another reason why you should invest in the mall is the affordable price of the units. Freehold shops start at only USD91k.
Each unit will be managed by Metro Global, a first-class hospitality management company.
Here are other reasons why you should consider investing in The Bridge?
Tourism in Cambodia has grown over the years. In fact, the growth of the industry averaged 20% per annum between 2004 and 2014.
The current rate of Cambodia Phnom Penh shop rentals is at USD62.90 per sqm or approximately S$8.18 psf.
The rents of Phnom Penh shops at older malls have also increased 10% over the last five years.
One good example of this is Sorya Mall. On the other hand, the rents of Phnom Penh shops at new malls have increased 25 to 50% yearly between 2014 and 2015.
Vattanac Capital and TK Avenue are good examples of this. Plenty of brands have also entered in Cambodia.
When compared to other developing markets around the region like Myanmar, Philippines, Indonesia, Thailand and Vietnam, the GDP growth of Cambodia is the highest among them.
Cambodia’s rental yield is also the highest. Property transaction in the country uses US Dollar, a global currency.
This gives investors additional assurance from possible market currency fluctuation.
Cambodia also allows foreigners to own freehold development and the country also has one of the lowest property tax rates among the regions.
Moreover, Cambodia doesn’t limit repatriation of funds back to the investor’s home country.
The Bridge is located in the capital of Cambodia, Phnom Penh.
Shopping malls, historical and cultural buildings as well as retail and entertainment outlets are within reach from the building.
Diamond Island is only 5 minutes away from The Bridge. There are also plenty of rich heritage spots nearby such as the Ministry of Foreign Affairs, the National Assembly Building and the Australian Embassies.
The Bridge is near 5-star hotels as well. It’s within walking distance to the Embassy of Russia and Naga World Casino.
The Bridge offers a marvelous 360⁰ view of Bassac River, the city of Phnom Penh and Diamond Island.
Phnom Penh International Airport is a 30-minute drive from the mall. It is also near the esteemed Zaman International School.
There are plenty of premium luxurious facilities as well as entertainment and lifestyle eateries that you can enjoy.
The following should consider investing in The Bridge:
The Bridge boasts a wide range of modern facilities including a children’s playground, steam room, Landscape Skydeck with BBQ pit at the thirteenth storey, gymnasium, swimming pool, Jacuzzi and swimming pool. There’s also round the clock security.
The Bridge has luxurious apartments, penthouses, two bedrooms plus study room and 3-bedroom units. Small Office Home Office (SOHO) units provide a combination of play, live and work. Even discerning individuals will find the homes and shops attractive. SOHO units are ideal for both private residential and small office. All bedrooms have built-in wardrobes, tile flooring, bathroom fittings, water heater, air conditioner and built-in kitchen cabinet with a cooker hood as well as hob.
The facade of The Bridge is composed of two impressive towers that are connected by two sky bridges.
The Bridge has 5 retail space levels for all kinds of shops. There are restaurants, a 4-storey central atrium, 2-storey shophouses, food courts and shop units. There’s also sufficient parking space.
The Bridge is jointly developed by Oxley International Holdings and Worldbridge Land (Cambodia) Co., Ltd.
Established in March 2010, Oxley International Holdings is a lifestyle property developer listed and headquartered in Singapore that specializes in developing quality industrial, residential and commercial projects. Their developments are usually situated in choice areas that can be easily accessed through various modes of transportation. Most of Oxley’s developments also incorporate lifestyle features, facilities and retail elements. Since its incorporation, they have completed twenty of the twenty-nine launched property developments in Singapore. Oxley has expanded into overseas markets, successfully completing a wide range of projects for their clients. They have launched 2 mixed-residential and commercial properties in Cambodia and 1 waterfront township project in London.
Established in May 2011, Worldbridge Land (Cambodia) Co., Ltd. is a real estate company that specializes in various property services like rental and sale of all kinds of property as well as professional property valuation. The company is under the Worldbridge Group and has enjoyed success together with the Cambodian property market’s increasing potential. Worldbridge Land aims to bring the local property market to new heights by introducing first-class luxury living.
Oxley International Holdings and Worldbridge Land are also working with Metro Global and CBRE Group, Inc. Metro Global specializes in asset management, procurement services, hospitality services and education as well as information technology solutions. They provide a wide range of ancillary services for service apartments, residential buildings, hotels, educational institutions, shopping centers and commercial properties. CBRE Group is an S&P 500 and Fortune 500 company. It is one of the biggest commercial real estate service companies in the world. CBRE Group has customized a delivery for The Bridge to help maximize returns.
Enjoy Confirmed 70% Nett Guaranteed Rent over 10 Years! Super Prime Location opposite Shangri-La Hotel. Low Capital Outlay & Deferred Payment.
Metro Global will handle the general property management of the shopping mall.
It is a guarantee to those who will purchase The Bridge shop and restaurant with its excellent after-sales services.
For local and foreign investors who are looking into investing in Phnom Penh’s real estate market but are afraid of oversupply or don’t have enough leasing experience, The Bridge offers a complete solution through the services offered by Metro Global.
The developer confidence in The Bridge is also extremely strong, so they’re able to provide a rental guarantee nett scheme of 70% for 10 years.
This is most likely the longest and highest rental guarantee offered in the property market of Cambodia that other developments cannot give.
If the developer doesn’t have a strong confidence, it’s impossible for them to offer such long term and high guarantee terms.
If you want to enjoy high currency gains from US dollar and good payment schedules, you should definitely consider investing in The Bridge.
Cambodia’s tourism growth is also remarkable. With a GDP growth of 7%, it is expected that property prices in the country will increase by 7% yearly.
This means enjoying high returns in the years to come.
The mall’s location is also attractive to tourists who want to experience convenience and comfort, which is a good thing for your business.
Invest in The Bridge and enjoy these benefits!
Updated on December 10, 2017 at 11:36 am
The Bridge (From 1xxK) - Phnom Penh, Cambodia
The Bridge (From 1xxK) - Phnom Penh, Cambodia