THE BRIDGE – Oxley Diamond (Cambodia) Co, Ltd

Village No.14, National Assembly Street, Tonle Bassac Commune, Chamkarmorn District, Village No.14, National Assembly Street, Tonle Bassac Commune, Chamkarmorn District, Phnom Penh City, Kingdom of Cambodia,
Phnom Penh City, Kingdom of Cambodia, Cambodia
New Launch
 

Key Details

Price per sqft: Price on call
District: Cambodia
Type: Commercial, Condominium, Office, Residential, Retail
 

Amenities

No amenities.
 

description

024-Naga1 Cambodia-R2-v2

THE BRIDGE Retail Mall in Cambodia’s capital city Phnom Penh – The First & Only Strata Title Shops for Sale! By Singapore mainboard-listed developer Oxley

  • 70% Guaranteed Rental Return (GRR) over 10 Years!
  • Professionally managed by Singapore-based Metro Global with over 20years of experience
  • RARE Strata Title Shops for Sale in Cambodia
  • Part of a Luxury Retail Mall integrated with Super Tall 45-Storey Luxury Apartments & Grade A Commercial Offices
  • Opposite upcoming Shangri-La 5-Stars Hotel Phnom Penh Cambodia.

The Bridge Retail Mall Location Map

  • Super Prime Location, Located in the commercial, Shopping & Tourist Belt of Phnom Penh. , equivalent to Orchard Singapore.
  • Approximately 100meters/ 1-minute walk away from upcoming Shangri-La Hotel
  • Approximately 5-minute walk away from AEON Mall
  • Within walking distance upcoming Shangri-La Hotel, NagaWorld 1 & 2 (Casino-Hotel), Australian Embassy, Russian Embassy, Ministry of Foreign Affairs, National Assembly, AEON Mall, Sofitel, Future South East Asia’s Tallest 133-Storey Tower
  • Within 5-10 minutes drive to Independence Monument, Koh Pich City Hall, Royal Palace, Sisowath Quays (similar to Singapore’s Clarke Quay)

 

  • Screen Shot 2016-09-07 at 4.59.17 PM

 The Bridge Retail Mall Project Information

 District :  Chamkarmorn
 Location :  14 National Assemby Street, Tonle Bassac Commune, Phnom Penh City,  Kingdom of Cambodia
 Developer :  OXLEY & Worldbridge Land Cambodia
 Tenure :  FREEHOLD
 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 Eliibility:  Foreigners (e.g. Singaporeas/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 Parks allocated for Shopping Mall Visitors)
 Apartments – Number of floors :  45-storey
 Apartments – Number of units :  762 (Fully Sold)
 SOHO / Grade A Offices – Number of floors :  40-storey (equivalent to 45-storey due too
 SOHO / Grade A Offices – Number of units :  963 (over 70% SOLD! Click Hire for details  of The Bridge SOHO

 

 

 

 

 

Retail Shops Breakdown

Screen Shot 2016-09-07 at 5.24.13 PM

Buy and Lease Scheme

  1. 1)  1st – 5th Year – guaranteed Nett 6% pa on purchase price
  2. 2)  6th – 10th year – guaranteed Nett 8% pa on purchase price
  3. 3)  By mutual agreement for 11th – 15th year and mutual consent and via profit sharing

Booking Fee & Progress Payment

1) A non-refundable reservation fee of S$1,400 is payable upon reservation (equiv to US$1,000) Pls use Reservation Form attached

2) 20% of purchase price, less reservation fee paid, is payable within 14 days of reservation with exchange of contracts

Duration

Progressive Payment (USD)

Cumulative Total

Signing of SPA

20%

20%

1 Dec 2016

10%

30%

Handover of Unit (Estimated early 2018)

70%

100%

Taxation for Foreign buyers

  1. 1)  Stamp Duty (Transfer Fee for Hard Title) :
    4% of property valuation price determined by Ministry of Economy & Finance payable upon completion of project
  2. 2)  Tax on immovable property – Tax collected annually at 0.1% per annum on the property value determined by Immovable Property Assessment Committee
  3. 3)  Tax on property rental income – Tax payable at 10% per annum on the gross rent.
    NB: Tenancy Agreement has to provide that tenant can withhold this 10% tax to pay to the Dept of Tax on the 15th of the month subsequent to the month the rent was paid
  4. 4)  Capital Gain Tax – not applicable to individuals but applicable on corporate income taxed at 20%
  5. 5)  10% VAT on purchase (absorbed by Developer)
  6. 6)  VAT on resale (applicable only for VAT registered companies)

 

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Contact Agent

David Lim
David Lim
 65-9762-2248
 davidlimwt@era.com.sg
 ERA@ Zhongshan Park, 18 Ah Hood Road, Level 8 , Singapore 329983
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