The Gateway Cambodia Phnom Penh by TACC
The Gateway Cambodia Location In Phnom Penh
The Gateway Cambodia Residential Interior
Advantages of Investing in The Gateway Cambodia
ASEAN Free Trade Agreement
ASEAN, the Association of South-East Asian Nations, is gaining considerably in importance as a trade bloc and is now the third largest in the world after the European Union and the North American Free Trade Agreement. Comprising the Asia Tigers of Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam (the ASEAN 6) with the smaller players such as Brunei, Cambodia, Laos and Myanmar, it has a combined GDP of US$2.31 trillion (2012) and is home to some 600 million people. The ASEAN bloc have largely cancelled all import and export duty taxes on items traded between them, with the exception of Cambodia, Laos, Myanmar and Vietnam, who continue to impose nominal duties on certain items. However, these too will be completely lifted as of December 31st, 2015, meaning that the entire region will be duty free from this date.
Cambodia Property Price has high appreciation potential and rental return
Major Advantages of investing in The Gateway @ Cambodia Phnom Penh
- Political stability. Although in the past decades the country witnessed war and civil unrest, in recent years the ASEAN member is socio-political has tuned 180 degrees and it enjoys a relatively peaceful era under Prime Minister Hun Sen.
- Macroeconomic stability. Cambodia’s developing economy has an anticipated high-growth outlook.
- Low inflation.
- Stable exchange rate.
- Low debt-to-GDP rate.
- Investment incentive. The country has an existing investment law that provides very generous incentives for investors. No foreign levy or capital gain tax.
- No exchange control.
- Every economic sector is open to foreign investment.
- Full ownership. Foreign investor can own 100% of their business.
- Money can be easily transferred into and out of the country.
- Its young work force will mean better purchasing power in the near future and demand for housing will increase due to household formation.
- High GDP growth.
- High rental return.
- Cambodia being strategically located beside Thailand and Vietnam and midway between China and India enjoy economic spill over from the growth of all its neighboring counties economy.
- Cambodia has many untapped natural resources such as popular tourism sites, mineral deposits, off-shore oil and gas reserves and lots of fertile land for agriculture.
- Reputable public listed Singapore developer will good track record.
The Gateway @ Cambodia Project Details
Developer : TACC (CR) Pte Ltd
Tenure : Freehold
Type : Mix development with integration with residential apartments, offices and recreational facilities
Total Residential Unit : 527 Total Office Unit: 299 Residential
Unit Mix : 1 Bed Room (420 sqft) / 2 Bed Room (700 sqft) / 3 Bed Room (883 sqft) Office Size: 474 to 1152 sqft
TOP date : 2020
The Gateway Cambodia Price and Psf
The Gateway Cambodia Price for 1 Bedroom : USD $12x,xxx
The Gateway Cambodia Price for 2 Bedroom : TBC
The Gateway Cambodia Price for 3 Bedroom : TBC
The Gateway Cambodia Price for Offices : USD $20x,xxx
The Gateway Cambodia Payment Schedule
- Booking Fee of USD $1000
- 10% less booking fee within 21 days of booking
- 10% by TBC
- 10% by TBC
- 10% by TBC
- 10% by TBC
- Balance 50% upon completion and TOP.
The Gateway Cambodia – Fee and Taxes
Legal Fee : $50 to $100 if using notary public fee for witnessing signature.
USD $300 upward for Cambodian Lawyer (optional)
Stamp Duty (Transfer fee for hard title) : 4% of property value payable upon
Handover Tax on immovable property : 0.1% per annum (value determined by immovable property assessment committee)
Tax on rental income : 10% per annum on gross rent
Capital gain tax : Not applicable for individual. 20% for corporate.
VAT : 10%
The Gateway Cambodia Floor Plan
Developer Hotline 6100 0607[contact-form-7 id=”5724″ title=”Registration For The Gateway Cambodia Price Update”]
Hotline 6100 0607[contact-form-7 id=”5724″ title=”Registration For The Gateway Cambodia Price Update”]
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