Recently there is a new, interestingly named property that’s hot on the market: “The Bridge”
An overseas property situated in Phnom Penh of Cambodia, The Bridge might potentially be named because it is only 5 minutes away from the nearby “Diamond Island.” In that sense, it could mean that it is metaphorically a bridge in a whole new realm.
Some investors might be wary as this is an overseas property rather than a Singaporean one, but there is not much reason to fear. Like Singapore, Cambodia has strong political stability, strategic location due to close proximity with the booming Thailand/Vietnam and finally, the growing market full of youthful, urbanized citizens is ripe for future potential. For foreign investors, the full import duty tax exemption and free repatriation of profits is very enticing.
For those with an interest in Cambodian history and culture, “The Bridge” is certainly not a bridge too far. Being in close proximity to Historical buildings, National Monument, the National Assembly Building and the Australian and Russian Embassies, it’s a fast track way to get immersed in the Cambodian culture.
But don’t think it’s just all “old buildings”, because The Bridge itself is equipped with modern facilities such as Children’s Playground, Swimming Pool, Gym, Function Hall and Carpark. with easy access between several entertainment, dining and shopping areas nearby.
The Bridge is a Freehold development that’s slated for completion in the middle of 2018. Those interested should strike while the iron is still hot.
We hope this has been helpful insight into your future plans of property investment. If you’re looking to take advantage of this opportunity, at Condo New Launches we have a wide variety of information on new properties for you to pursue.