2 Bed, 1 Bath Condo for Sale in The Royal One Condominium
The Royal One Condominium
Sale price
$450,824 | $4,400.0/m²
Bedroom
2
Bathroom
1
Floor Area (m²)
102
Completion Year
2023
Property type Condo
Property ID 109613
Listed 26/06/2019
Updated 02/12/2019
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+85561 777 090
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Description
Details are emerging in the market regarding a major new development project in central Phnom Penh. Royal One, a project of the Royal Group of Companies (Cambodia), will have two towers and stand with a height of 62 floors. It will be located strategically along Monivong Boulevard – in front of the Ganesha Statue, not so far from the airport – and will have a view of the cityscape.
Innovation and Design of Royal One: The project has been designed around the concept of effective land use, allowing two towers to fit into a relatively limited land area - the plot being located on Monivong Boulevard, near to Central Market and Canadia Tower. The first of the two towers will serve as an office building and the second one as a hotel and residential building. A retail podium will also be constructed, along with several parking floors. Aesthetically, the developers will be utilizing lines and patterns as an attempt to give it a modern and sophisticated appeal. They also plan to feature a modern man-made waterfall in between the two buildings, further intensifying their aim to turn it into a “forever landmark”. Prices for luxury condominium units are projected start at around $3,500 per square meter.
The construction of The Royal One development will start in 2017 and is expected to reach completion by the end of the year 2021. About the Developer of Royal One: The Royal Group is a holding company and a large diversified conglomerate that has investments across various Cambodian industries – telecommunications, banking, resorts, education, media, insurance, trading, property, and agriculture. Among the many successful projects they’ve invested in are the Embassy Palace Serviced Apartments, Northbridge Communities, North Park Condominiums, Royal Park Resort in Siem Reap, Hotel Cambodiana, Titan King Casino & Resort Hotel, and the Royal Railway.
Innovation and Design of Royal One: The project has been designed around the concept of effective land use, allowing two towers to fit into a relatively limited land area - the plot being located on Monivong Boulevard, near to Central Market and Canadia Tower. The first of the two towers will serve as an office building and the second one as a hotel and residential building. A retail podium will also be constructed, along with several parking floors. Aesthetically, the developers will be utilizing lines and patterns as an attempt to give it a modern and sophisticated appeal. They also plan to feature a modern man-made waterfall in between the two buildings, further intensifying their aim to turn it into a “forever landmark”. Prices for luxury condominium units are projected start at around $3,500 per square meter.
The construction of The Royal One development will start in 2017 and is expected to reach completion by the end of the year 2021. About the Developer of Royal One: The Royal Group is a holding company and a large diversified conglomerate that has investments across various Cambodian industries – telecommunications, banking, resorts, education, media, insurance, trading, property, and agriculture. Among the many successful projects they’ve invested in are the Embassy Palace Serviced Apartments, Northbridge Communities, North Park Condominiums, Royal Park Resort in Siem Reap, Hotel Cambodiana, Titan King Casino & Resort Hotel, and the Royal Railway.
Security
Alarm System
Fire Alarm
Fire sprinkler system
Amenities
Backup Electricity / Generator
Car Parking
Commercial area
Common Area
Lift / Elevator
Non-Flooding
On main road
Property Features
Balcony
Views
City Views
Exterior
Floor plan
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2 Bed, 1 Bath Condo for Sale in The Royal One Condominium
The Royal One Condominium
For sale
$450,824$4,400.0/m²
2Bedroom
1Bathroom
102Floor Area (m²)
2023Completion Year
Royal One Condominium type A1
Details are emerging in the market regarding a major new development project in central Phnom Penh. Royal One, a project of the Royal Group of Companies (Cambodia), will have two towers and stand with a height of 62 floors. It will be located strategically along Monivong Boulevard – in front of the Ganesha Statue, not so far from the airport – and will have a view of the cityscape.
Innovation and Design of Royal One: The project has been designed around the concept of effective land use, allowing two towers to fit into a relatively limited land area - the plot being located on Monivong Boulevard, near to Central Market and Canadia Tower. The first of the two towers will serve as an office building and the second one as a hotel and residential building. A retail podium will also be constructed, along with several parking floors. Aesthetically, the developers will be utilizing lines and patterns as an attempt to give it a modern and sophisticated appeal. They also plan to feature a modern man-made waterfall in between the two buildings, further intensifying their aim to turn it into a “forever landmark”. Prices for luxury condominium units are projected start at around $3,500 per square meter.
The construction of The Royal One development will start in 2017 and is expected to reach completion by the end of the year 2021. About the Developer of Royal One: The Royal Group is a holding company and a large diversified conglomerate that has investments across various Cambodian industries – telecommunications, banking, resorts, education, media, insurance, trading, property, and agriculture. Among the many successful projects they’ve invested in are the Embassy Palace Serviced Apartments, Northbridge Communities, North Park Condominiums, Royal Park Resort in Siem Reap, Hotel Cambodiana, Titan King Casino & Resort Hotel, and the Royal Railway.
Innovation and Design of Royal One: The project has been designed around the concept of effective land use, allowing two towers to fit into a relatively limited land area - the plot being located on Monivong Boulevard, near to Central Market and Canadia Tower. The first of the two towers will serve as an office building and the second one as a hotel and residential building. A retail podium will also be constructed, along with several parking floors. Aesthetically, the developers will be utilizing lines and patterns as an attempt to give it a modern and sophisticated appeal. They also plan to feature a modern man-made waterfall in between the two buildings, further intensifying their aim to turn it into a “forever landmark”. Prices for luxury condominium units are projected start at around $3,500 per square meter.
The construction of The Royal One development will start in 2017 and is expected to reach completion by the end of the year 2021. About the Developer of Royal One: The Royal Group is a holding company and a large diversified conglomerate that has investments across various Cambodian industries – telecommunications, banking, resorts, education, media, insurance, trading, property, and agriculture. Among the many successful projects they’ve invested in are the Embassy Palace Serviced Apartments, Northbridge Communities, North Park Condominiums, Royal Park Resort in Siem Reap, Hotel Cambodiana, Titan King Casino & Resort Hotel, and the Royal Railway.
Property Overview
Property type: Condo
Property ID: 109613
Listed: 26/06/2019
Updated: 02/12/2019
Developer: OTK Roayl One by Royal Group
Project Highlights
High Return Yield
Brand Developer
High Appreciation Value
Security
Alarm SystemFire Alarm
Fire sprinkler system
Amenities
Car ParkingCommercial areaCommon AreaLift / Elevator
Non-FloodingOn main roadBackup Electricity / Generator
Property Features
Balcony
Views
City Views
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