Sky Tree Condo

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Tuol Sangke, Russey Keo,Phnom Penh

Unit ID: U565538
4% Rental Yield
$248,000 $250,180
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
80 SqM Size
Floors
19 Floor
Construction
Dec 2020 Completed

1 Bedroom Condo for sale at Sky Tree Condo

This property is a 80 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Sky Tree Condo project in Tuol Sangke, Phnom Penh and was completed in Dec 2020. You can buy this condo for a base price of $248,000 ($3,100/SqM) and it is also available for long term rentals starting from $800 per month.

SKY TREE RESIDENCE

SKY TREE RESIDENCE is located in the new political and economic center of Phnom Penh, adjacent to the Prime Minister's Office in PPCC. It is a large-scale integrated high-end commercial & residential community in Phnom Penh City. It is a complex of commercial, office, hotel, and service apartments. Developed by J&L Property Development Co., Ltd., a subsidiary of Taiwan-based Focus Group, one of the biggest Taiwan-fund enterprises in Cambodia. Sky Tree Residence covers an area of 8,243 square meters and has a construction area of about 140,000 square meters. There are three buildings with 34 floors each, which are divided into blocks A, B, and C, a total of 1,420 units and 800 parking lots.  Location: SKYTREE RESIDENCE is situated in the prime location which is close to the central business district. Adjoining the residence is also available desirable retail shop hub and entertainment with variety of restaurants, supermarket, bars & clubs, cinema and pharmacy such as PPCC Eden Garden, TK Avenue, and Samai Square. Myriads of International schools are also around the location. 5-mins drive from financial and embassy district 6-mins drive from Prime Minister Office & City hall 8-mins drive to the central station 20-mins drive to Phnom Penh International airport.  Amenities & Facilities With a stay at SKY TREE RESIDENCE, you can get the advantage of recreation opportunities including sophisticated resident lounge serves with complimentary beverages, a semi-outdoor swimming pool surrounds by a unique garden planted with the rare and precious strain of plants all the way imported from Japan, fitness center with steam & sauna, sky view perched on a cantilevered terrace at 32nd floor and the one and only private helicopter apron. The parking lot is available on-site.  Rooms types, Fixtures & Equipment Sky tree residence presents a cleverly designed one-bedroom superior suite and two-bedroom deluxe suite. All of the suites are fitted with a luxuriously decorated living room with a wild range balconya , fully-equipped modern kitchen with cooking utensils, crockery & tableware, separate sleeping bedroom with h connected bathroom. Electrical appliances in the room include 49 Inches LED TV, Washing Machine, refrigerator, air-conditioners, rice cooker & water boiler. A sky tree residence is definitely the best choice for personal use or investment purpose.  Professional Hotel Management Team SKY TREE RESIDENCE is managed by NEW WORLD HOSPITALITY, which is a professional hotel management company constituted by experienced and well-trained talents who possess strong passion and commitment to hospitality industry. Features at SKY TREE RESIDENCE including complimentary concierge services, luggage delivery service, and 24 hours front desk, and security. Additional services on request include dry cleaning/laundry services, catering service, and personal housemaid, and baby-sitting.  Aeon MaxValu Express opens on-site in July 2020. To provide our residents a friendly and convenient living community and also increase the property value.  Company Background  J&L Property & its’ mother company Taiwan Focus Group, The earliest & biggest Taiwanese-funded enterprise in Cambodia. J&L Property Development Ltd., Co., belongs to Taiwan “Focus Group”, has been assiduously developing in Cambodia for over 20 years, was one of the earliest Taiwanese enterprises to do land development and running business in Cambodia. From shoe manufacturing to property development, Focus Group has been extending a number of enterprises, which are: Family Microfinance Plc., Matsu Property, J&L Investment and Consulting Co., Ltd., Capri Construction Co., Ltd., New world hospitality co., Ltd, and JL Cambodia Charity Association.  A large amount of land reserves in Cambodia and Vietnam, with absolute strength and reliable reputation. Focus Group has accumulated a large amount of land reserves in Phnom Penh, the capital of Cambodia, Sihanoukville Port, Koh Rong Island, and Vietnam, aiming at large-scale development in Cambodia.  International syndicated financing support to prove J&L property’s strengthen & capability. J&L Property Development Co., Ltd. under Focus Group is jointly participated by 6 state-owned and privately-owned banks, namely the leading Taiwan Cooperative Bank, Bank of Taiwan, Land Bank of Taiwan, Taiwan Business Bank, Sunny Bank and Bank of Pan-Hsin, jointly lending US$ 35 million, which has become the first international cross-border syndicated loan granting case for land construction. This is not only the best verification and recognition of Focus Group’s reputation and corporate strength, but also will comprehensively enhance and strengthen the economic strength of J&L Property Development Co., Ltd.  Focus Group won Taiwan golden peak Award of Top 10 Outstanding Enterprises & Top 10 Outstanding Entrepreneurial Leaders. In the election of the 19th Golden Peak Awards in 2019, with excellent enterprise performance, profit results and strong corporate strength in the past few years, Focus Group wins the Award of Top 10 Outstanding Enterprises, and Mr. Scott Wu, CEO of Focus Group, wins the Award of Top 10 Outstanding Entrepreneurial Leaders. Ying-Jeou Ma, the former Taiwanese leader & Ex-president of Taiwan, presents the award in person.  Investment Advantage  Ready-to-move-in property, risk-free investment and get return right away. Fitting & fixture is completed, the property is available to hand-over right away for personal use or rent without any risk of the project cannot be completed, your investment is secure and practical.  Located in New growing location, at the heart of future Phnom Penh city center. Sits right off the New CBD of Phnom Penh City, nestled by the government departments, financial institutes and embassies, according to the report of CREA, the location of SKY TREE RESIDENCE is increasing rapidly at least 8% every year.  5 Stars international branded hotel is going to open in SKY TREE project. Inserting in an international branded hotel with a huge customer base of tourism resources to activate the property and commercial liquidity and increase the property value.  Permanent property free-hold hard title. A permanent free-hold property with hard title property certificate, to own an asset legally and eternally.  Flexible Payment terms and Financing support  The property is allowed to move-in or rent with 10% down payment only.  Interest-free installment is provided.  House Loan is provided to local and foreign buyer with hassle-free application procedure. SKYTREE RESIDENCE is located Prime Minister, Special Economic Zone of Phnom Penh Capital. Down payment $5000, limited only 5 Units!!! New luxury decorated room, buy it now and get the income immediately! The present room enjoys interest-free payment! Are you still renting? The building includes AEON supermarkets, pharmacies, ATMs, professional coaches, gyms, sunshine sports, outdoor yoga, dance classrooms, Chinese Kungfu, parent-child outdoor classes, and Amazon Cafe. Within 50 meters, including traditional markets, dry cleaners, tailor shops, and mobile phones. Shop, flower shop, TOUS les JOURS cake shop, LUCKY supermarket, PPCC Garden of Eden, TK hairdressing and nail art, various restaurants and Samai Plaza. It is only a 5-minute drive from the financial and embassy districts, a 6-minute drive from the Prime Minister’s Office and City Hall, an 8-minute drive from Central Station, and a 20-minute drive from Phnom Penh International Airport. Including the Royal Palace, Silver Pagoda, Mekong riverbank. Project Address: St.105, Sangkat Toul Sangke, Khan Rusey Keo, Phnom Penh, Cambodia .

Basic Information

Property Type Condo
Floor 19
Bedroom 1
Size 80 SqM
Price per SqM $3,100
Condo Ownership
Company
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) City View
Unit Type N/A
Building N/A
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
$2/mo
Listed By
Developer
Date Listed Mar 30, 2021
Last Updated 4 weeks ago
Unit ID U565538

Investment Opportunity: Charges & Yield

Sale Price
$248,000
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
$2/mo
Rent
$800/mo
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
26
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
4%

Project Details

Project Name: Sky Tree Condo
Construction: Completed (Dec 2020)
Floors: 0
Buildings: N/A
Units: 1
Project Area: N/A
Nearest Landmark Tuol Sangke Market - 0.5 Km
Location: Tuol Sangke, Russey Keo, Phnom Penh
Sky Tree Condo Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym

Available Units at Sky Tree Condo

For Sale 1 For Rent 1

Loan Calculator

Frequently asked questions

Tuol Sangke Market is the nearest Market from Sky Tree Condo and it is 0.5 km away.
Sale Price : ฿5,759,000
Fazwaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
Fazwaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
Fazwaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
Fazwaz Estimate : ฿149,999
Price Rating : Fair Price

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Phnom Penh

Tuol Sangke

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