Embassy Residences - Phase 1 Launched

About

Embassy Residences is Phnom Penh’s landmark condominium development offering a premium collection of apartments and penthouses. Conveniently placed in the heart of the city, the beautiful arranged property offers contemporary lifestyle and will cater for the most discerning tastes. Embassy Residences sets the new standard for Urban Living.


Embassy Residences Location
Embassy Residences surrounded by Phnom Penh’s stunning landmarks and attractions

 

Why Cambodia?

– Strong emerging economy with 7% annual growth

– FTA with ASEAN from 2015 – growth opportunities

– Investor-Friendly – easy repatriation of profits, transact in USD$

– No Additional Buyer Stamp Duty, No Seller’s Stamp Duty

– Riding on uptrend property market

Why Embassy Residences?

– Prime location at the Heart of Phnom Penh with river views
– Located within Chamkarmon clustered Embassies area
– Proximity to NagaWorld/NagaWorld 2, Cambodia only Hotel-Casino-Mall
– Near AEON Mall, Central Business District, Golf Course

– Breathtaking Bayview from balconies; Mekong River, Tonle Sap River
– Popular and Highly sought after by expats, businessmen & affluent locals
– High Quality imported furnishings; Grohe, Bravat, Kvik, Corian

– Expected high yield returns

 

The Development

The Embassy Residences is proudly developed by Urbanland Asia. The development draws its name from its proximity to numerous embassies and government institutions. Our Duplex units at the highest floor and the Sky Terrace feature enchanting bay view from the balconies overlooking the Cambodian pride of Mekong and Tonle Sap River; proximity to breathtaking view of the Mekong Bay

Located in Prime location, minutes away from Phnom Penh's landmarks & attractions Located in Prime location, minutes away from Phnom Penh’s landmarks & attractions

Embassy Residences Location Located in the serence cul-de-sac of Street 41, the development occupies one of the most secure and valuable locations in Phnom Penh. Situated just off the Norodom Boulevard, it provides easy access to all the vibrant attractions Phnom Penh has to offer.

 

Embassy Residences Fact Sheet

 

Development Name :
  • Embassy Residences
Developer :
  • Urbanland Asia Investment Co. Ltd
Full Address :
  • Street 41, Sangkat Tonle Bassac, Khan Chamkarmon, Phnom Penh, Cambodia
Project Type :
  • Freehold Residential Development
Number of Floors :
  • 18
Total Land Area :
  • 40 x 31.5m
Total Number of Units :
  • 85
Unit Types :
  • Suites 71 sqm
  • 1 Bedroom 82 to 104 sqm
  • 2 Bedroom 152 to 204 sqm
  • 3 Bedroom 278 sqm
  • Duplex 333 to 363 sqm
  • Penthouse 392 to 552 sqm
Ceiling Heights :
  • 2.95m in Living Room, Dining Room and Bedroom
  • 2.65m in Kitchen, Bathroom and Hallway
Facilities :
  • Rooftop swimming pool and sun deckChildren’s pool
  • Lounge area
  • Fitness centre
  • Children’s play centre
Services :
  • Concierge
  • 24 hours security service
Parking :
  • Secure underground carpark for 72 vehicles
  • Designated motorbike and bicycle storage area
Commencement of Construction :
  • February 2014
Expected Completion of Construction :
  • 1st Quarter 2017

Interior Design & Furnishings

Smartly arranged over 18 floors, Embassy Residences comprises 85 contemporary apartments, ranging from generously appointed suites, 1, 2 and 3 bedroom apartments and a selected number of stylish Duplexes and prestigious Penthouses, all finished to the very highest standard.

Sun Deck

On Top of the World The rooftop terrace gathers a range of outstanding facilities catering for every need. Whilst enjoying breathtaking views of the city, residents can relax on the comfortable sky deck and sunbathing area. A state-of-the-art fitness centre houses the latest cardiovascular equipment. Yet, the masterpiece of this unique design is the stunning infinity-edged swimming pool overlooking the Mekong River; the ultimate place to unwind.

Sun Deck Legend Embassy Residences Sun Deck

2 Bedroom Apartment – Living Space

2 Bedroom Apartment - Living Space

2 Bedroom Apartment – Master Bedroom

Perfect Fusion Perfect Fusion – Each bedroom at Embassy Residences benefits from floor-to-ceiling window leading to a private balcony, generously appointed Italian closet and softlighting – a perfect fusion of modern lifestyle and the warmth of home.

2 Bedroom Apartment – Master Bathroom

Calming Atmosphere Calming Atmosphere – Skillfully planned bathroom create an atmosphere of calm and relaxation. Custom-built vanity units are designed using finest materials and features the highest quality German-made brassware and porcelain.

3 Bedroom Apartment – Living Space

Elegant Space Elegant Space – Special care is taken to create an elegant living space with an open plan living and dining area. It is complemented by floor-to-ceiling window leading to an ample size balcony.

3 Bedroom Apartment – Kitchen

Seamless Outlook Seamless Outlook – Contemporary lines create an elegant kitchen with a seamless outlook. Bespoke european cabinetry, splendid marble worktop and top of the range appliances create an attractive and functional space for home living.

Duplex – Living Space

Duplex - Living Space

Duplex – Bedroom

Duplex - Bedroom

KVIK Kitchen

Elegant Kitchen Kitchen cabinetry by Kvik in light wood with handles in stainless steel and marble worktop. Under mount single bowl sink in stainless steel with singlelever faucet in chrome by Grohe.

Grohe

Grohe Basin mixers and shower solutions for bathroom by Grohe under-counter wash basins and sanitary ware by Bravat.

 

*detailed individual Floor Plans available upon request

Indicative Size Ranges

Suite 71 sqm
Type A1, A2, A3, A4 – 1 Bedroom from 82 sqm to 104 sqm
Type B1, B2 – 2 Bedroom from 152 sqm to 204 sqm
Type C1 – 3 Bedroom 278 sqm
Type D1, D2 – 4 Bedroom – Duplex from 333 sqm to 363 sqm
Type PH1, PH2- 5 to 6 Bedroom – Penthouse from 392 sqm to 552 sqm

 

Request a Showroom Invite!

Visit to showroom is by invitational only. To request for an invite, please fill up the form below, and we will contact you shortly. Alternatively, you can email us at sales@embassyresidences.com for enquiries.

 

Official Developer Sales Team. Detailed individual Floor Plans, Payment Schedules, Early Bird Discounts, Project News & Updates are available upon request. Simply fill up the form below to stay in touch!

Singapore Office

Register your Interest with us by filling the form below.
sales@embassyresidences.com





GET YOUR EXCLUSIVE INVITE AND PRIVILEGE INFORMATION!

Investors who wish to receive more information for Embassy Residences, contact us by filling up the form below.

Secure Your Choice Units Today!

 

 

Taxes

Transfer of Property Ownership (Hard Title) : 4% p.a

Services Withholding Tax (Non Residents) : 14% p.a

Property Tax : 0.1% p.a

Capital Gain/Profit Tax : 20%

 

Rental Income Tax

Resident pay to Non-Resident : 14% p.a

Resident pay to Resident : 10% p.a

*Resident – stay up to 183 days per year

 

Foreigner Ownership in each Development

Foreigner not allowed to own ground floor unit

 

Ratio-Percentage Ownership
Foreigner 70%
Local 30%

From The Phnom Penh Post