Apartment in Phnom Penh, Cambodia, 96 m²

Duplex 46I with 2 bedrooms 96 m2 in Time Square 8, Russian market, Phnom Penh: 10% discount + $3,000, installment 0% for 3 years

For sale two-level duplex with two bedrooms, 96 m2, on the 46th floor of the residential complex Time Square 8. Unit number: 46I (46th floor, type I). Object ID: TS8-46I.

Address: Cambodia, Phnom Penh, Toul Tom Pung (Russian Market), 410 Street, near Mao Tse Tung Boulevard (245). To the Russian market 5 minutes walk. The area is called the second BKK1.

New proposal: The developer kept some of the duplexes in reserve, and now put them on sale. The number of units is limited.

Price: $137,404 instead of $156,004. This is a special discount of the developer 10% + $3,000, the benefit of $ 18,600. About $1,430 per m2. For the family, this is the most affordable entrance to the 2-bedroom format of the project.

Conditions of purchase:
Reservations: $500
10% down payment: $13,740, booking included
Interest-free installments for 3 years: 6 payments at $8,244 times per six months
54% balance: $74,198 upon completion of installments or a loan from a developer up to 10 years at 10% per annum (about $981 per month)
Delivery: end of 2028

Beneficial to the investor: The house is planned to be commissioned in about 2 years, and installments are designed for 3 years. You will receive the keys when only part of the cost is paid, and the remaining payments for about a year can be made without interest. All this time, the apartment can be rented out, and rental income can help cover the remaining payments.

About the apartment: two bedrooms, two-level layout, high ceilings, panoramic views of the city. Duplex floors 40-47 are above the classic floors and next to common areas on the roof.

About the project:
Tower 47 floors and 2 underground levels, 700 apartments, 7 elevators
Developer of Megakim World Corporation
48th floor: infinity pool 40 m, Sky Terrace terrace, Sky Patio patio, amphitheatre, playground
49th floor: tennis court, Sky Gym, Sky Yoga, Sky Boxing
39th floor, TS Sky Lounge: art gallery, library, floating bar, cinema, meeting rooms, coworking
First floor: lobby and Balcony Café

District: Russian market, quiet residential area with locals and expats. Nearby are about 50 hotels and apartments, 90 restaurants and 100 boutique cafes. According to the developer, here you can buy up to 50% cheaper than in BKK1.

The apartment is suitable for both living and renting.