An Iconic Masterpiece

Set to redefine Phnom Penh’s city skyline and bring new standards of luxury to Cambodia’s capital, The Bay offers the ideal investment potential for foreign owners

When The Bay is completed in 2019, it will be the tallest building in Phnom Penh, offering unparalleled views of Cambodia’s capital. The completion comes at a perfect time with Cambodia being the prime destination for real estate in the region. An integrated development project estimated at US$0.5 billion by Teho Development, the 53-storey building will be located in the prime peninsula of Chroy Changvar at the confluence of Tonle Sap River and Mekong River.

LUXE LIFESTYLE CHOICE

The development will cater for discerning visitors and residents with a luxurious five-star hotel, the Okura Prestige Phnom Penh, upscale residential condominiums and retail space. Its majestic, avant-garde design is the brainchild of Ong&ong Pte Ltd, Singapore’s multiple awardwinning international architect firm.

UNRIVALLED HOSPITALITY

An established global hotel group founded in 1958 and headquartered in Tokyo, Japan, the Okura name is synonymous with omotenashi -- the highest standards of Japanese hospitality and its hotels have hosted VIP guests from around the world. The Okura Prestige Phnom Penh is set to turn The Bay into a landmark location in the city as well as adding investment value to the property development.

PREMIUM BAY SUITES

The Bay’s residential component will consist of 688 Bay Suites, a Bay Residence and Sky Villas and Hotel Okura. Residents of the Bay Suites enjoy a whole host of amenities and services, such as full concierge service, a world-class gym, a 25m lap pool and other unique pools designed for adults and children. In addition, there are also meeting room facilitiesand plenty of lounge areas for outdoor gatherings. Each apartment also features a spacious layout, with quality fittings, built-in wardrobes and kitchen cabinets. More than a perfect holiday home, a unit at The Bay offers as much in terms of its investment potential, with 18 per cent guaranteed rental returns for three years, high capital appreciation, and Value Added Tax (VAT) absorbtion at this stage.