27 Mar '15, 8am

#singapore #property S'poreans among foreigners buying up luxury Cambodia project: Sing...

#singapore #property S'poreans among foreigners buying up luxury Cambodia project: Sing...

Comment E-mail to friend Bookmark & Share Singapore-based property company YUEN Development has launched for sale the first phase of La Vie Residences, a luxury condominium in the Chroy Changvar area of Phnom Penh, Cambodia. Booking of units has reportedly outperformed expectations at 60 percent with Singaporeans and overseas investors forming the bulk of buyers. The 17-storey 180-unit project has a built-up area of 280,000 sq ft with residential units ranging from one- to three-bedrooms offering views of the famed Tonle Sap and Mekong River. Prices start from US$112,888 for a one-bedroom apartment. Commenting, Darren Yap, YUEN Development’s CEO said: “La Vie’s biggest selling point is its attractive entry-level pricing structure. Its luxe positioning is backed by imported top-of-the-line fixtures and amenities comparable to Singapore’s condo developments.” He noted that b...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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