Apartments in the prestigious Norea Square complex

Cambodia's real estate market continues to evolve with the launch of Norea Square Condominium, a landmark residential project from developer Overseas Cambodian Investment Corporation (OCIC). Strategically located within the 125-hectare Norea City master plan, the project offers a rare opportunity to purchase housing or an investment property in one of Phnom Penh's most promising coastal areas.

The main characteristics of the project

·                       Developer: Overseas Cambodian Investment Corporation (OCIC)

Location: Norea City

Number of apartments: 224

Number of floors: 25

Starting price: from 61,900 USD

Panoramic views. Each residence is designed to make the most of natural light and offer exceptional views of the river, the city skyline, as well as spectacular sunrises and sunsets.

Excellent transport accessibility.Norea Square combines the tranquility of living by the water with convenient access to key business and entertainment areas of the capital:

       Only 5 minutes to Diamond Island via cable-stayed bridge

                       About 8 minutes to the Independence Monument

             Direct access to the developing commercial, shopping and entertainment areas of Phnom Penh

Investing in a new Phnom Penh growth center

As Koh Norea district evolves into one of the city's main commercial and residential clusters, Norea Square Condominium provides an opportunity to enter the market at an early stage of its development. Buyers get the advantages of starting prices, flexible payment terms and long-term potential for property value growth as part of one of the most ambitious urban projects in the capital.

Designed for both personal living and investment, Norea Square combines modern architecture, strategic location and prestigious waterfront living to form a new iconic address for Phnom Penh's eastern expansion.

Club floor.The club area on the 5th floor is designed for the comfort and well-being of residents. There are: a modern fitness center, a swimming pool, a sauna, an ideal space for relaxation, recovery and maintaining a healthy lifestyle.

Rooftop Sky Garden. The landscaped rooftop garden is a cozy urban space for relaxation and socializing. Residents will be able to enjoy breathtaking views of the city and the river, meeting sunrises and watching sunsets.

Apartment layouts

Apartment 1A

Compact and functional apartment, ideal for young professionals and students.

1 bedroom, 1 bathroom, Kitchen and dining area, Living room, Balcony

Net area: 8.35 m

Apartment 1B

Thoughtful urban accommodation with a modern interior and a private balcony.

1 bedroom, 1 bathroom, Kitchen and dining area, Living room, Balcony

Net area: 42.25 m

Apartment 2A

Modern two-bedroom apartment with magnificent views of the river and the city landscape.

2 bedrooms, 2 bathrooms, Kitchen and dining area, Living room, Balcony,

Net area: 66.90 m

Apartment 3A

Spacious premium class residence with panoramic views of the river and the city.

3 bedrooms, 3 bathrooms, Kitchen and dining area, Living room, Balcony

Net area: 114.61 m

Payment schemes

Option 1 Installment plan

12% discount

                &10%

               Monthly payments of about 2.93% for 29 months— 85%

—                          Final payment for the 30th month — 5%

Option 2 — Mortgage financing

·         Discount 12%

·         Booking and signing SPA — 1 000 USD

·         during the first 5 months are required to pay 20%

·         At the 6th month issued a loan for 80%

Loan terms:

* Up to 25 years through Canadia Bank

* The interest rate is 7% per annum

* Grace period of 0% for the first 24 months

Option 3. Full payment

15% discount (12% + additional 3% discount)

                        — 1,000 USD

·                                        2nd month— 40%

                      3rd month— 40%

Standard equipment of the apartment:

Finished flooring

                Painted walls and standard ceilings

              Fully equipped bathroom

          Kitchen set with cabinets

·    ;    Electric Cooker

                         Hood

      Car wash

           Lighting devices

         Electrical Outlets and Terminals

     Fire Alarm system

·           Card access system

·Mailbox with a set of keys

Estimated operating costs:

* Management company: about 1.15 USD/m2 (total area)

* Car parking space rental: about 40 USD/month

* Motorcycle parking rental: about 10 USD/month

* Water supply: about 0.75 USD/m (payment based on actual consumption)

* Electricity: about 0.25 USD/kWh

Contact us for personal advice and selection of the optimal investment solution in accordance with your goals.