Borey Maha Sen Sok

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Krang Thnong, Saensokh, Phnom Penh

  • Off Plan
For Sale (2 Units)  From $49,500
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Borey Maha Sen Sok

(Write Review)
Krang Thnong, Saensokh, Phnom Penh
Off Plan
For Sale (2 Units) From $49,500

Project Features

Communal Pool Communal Gym 24H Security CCTV (Video Surveillance) Car Parking

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  • 2 Beds
  • 4 Beds
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Borey Maha Sen Sok in Krang Thnong, Phnom Penh

Borey Maha Sen Sok is a house and villa project located in Krang Thnong, Phnom Penh It has units

About Borey Maha Sen Sok

Borey Maha Sen Sok comprises of two landed property types; ‘Satsuki’ is a 2 bedroom, 3 bathroom.

Borey Maha Sen Sok is the first and biggest Japanese borey developer in Cambodia. The project aims for quality and habitability standards and affordability as well as considering local culture, needs and wants. a unique quality of all Creed Group’s developments.

Borey Maha Sen Sok, is conveniently located close to world standard international schools, the soon to be constructed Parkson Mall and the Phnom Penh international airport – Offering potential investors and residence world class living standards.

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Cambodia

Krang Thnong

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Frequently asked questions

The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure. 

In Thailand non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years and most developers will offer 3 terms for a total of 90 years.

 

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A 30 year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years.  

Prior to purchasing a leasehold property it is important to secure a copy of the lease agreement or get further clarity on these three points.

#1 - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual. 

#2 - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)

#3 - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

 

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What is the process of a property purchase in Thailand?

 

After you have found the right property you have to follow these steps:

  • Unit selection and agreement of terms and conditions 

  • Reservation Agreement

  • Reservation Deposit 

  • Sales and Purchase Agreement

  • 1st Contract Payment 

  • Payment Instalments

  • Snag List

  • Transfer

  •  

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