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The Peak Cambodia Retail Mall | Oxley + Managed by CapitaLand!

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Old 20-03-2018, 04:49 PM   #1
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The Peak Cambodia Retail Mall | Oxley + Managed by CapitaLand!

wow .. CapitaLand also seeking to venture into Phnom Penh now ... signed appointment letter with oxley to fully manage the ball for the peak ... exciting times to observe this emerging market now

The Peak Cambodia Retail Mall will be managed by CapitaLand; Officially Appointed to oversee the success of the Integrated Development, The Peak, in Phnom Penh, Cambodia.

Together with Phnom Penh’s first Shangri-La Hotel with 300 guest rooms, and 2 Luxury Residential Towers sitting atop The Peak Cambodia Retail Mall.

CapitaLand will oversee asset planning, pre-opening and retail management for the 5 storey mall with gross floor area of approximately 420,000 square feet. Currently, under construction, the mall is expected to commence operations in 2020.
CapitaLand has a strong reputation for retail management and is well-known for its extensive retailer network. With CapitaLand as The Peak Cambodia Retail Mall’s Retail Manager, potential investors can be confident of optimising returns for The Peak investment.

Source : http://thepeakcambodia.com.sg/the-peak-cambodia-retail/



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Old 20-03-2018, 08:15 PM   #2
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Interesting. I must say i am really surprised when i read the news. For CapitaLand to go in, it must be sth that is worth to take a look.

Extract from Business Times;

"Said Wilson Tan, CapitaLand Retail chief executive officer (CEO): "Given The Peak's strategic location in central Phnom Penh and high-grade building specifications, it is well-positioned to meet the requirements of quality retailers seeking to serve the growing aspirations of the city's community."

While i was searching for more information online, i also came across that The PEAK is a actually mixed development that is integrated with Shangri-La Hotel. Residential Units are currently selling in the market. And they going to launch the Retail Units End April.

Source: https://www.businesstimes.com.sg/com...pment-the-peak and https://www.thepeak-retailmall.com/
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Old 20-03-2018, 08:18 PM   #3
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It is the peak there.
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Old 21-03-2018, 12:54 PM   #4
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Was told by a friend who is working in one of the major property company that it is now tougher for Singapore property company to bid for new local land project due to the aggressive bidder from the China-linked property companies. So, the only way out is to venture out instead of focusing on local landscape.
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Old 21-03-2018, 01:03 PM   #5
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Cambodia should encourage more factory set up rather than these useless malls which do not exactly beneficial local .
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Old 26-03-2018, 10:07 PM   #6
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thanks for updating
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Old 27-03-2018, 12:37 AM   #7
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It's in the capital of Cambodia, Diamond Island. From Google map it seems a bit underdeveloped currently but quite a prime area. Nearby got one huge Aeon mall. Next to the site is a hotel (Toyoko Inn). Developer might have considered the timing to enter the market vs opportunity criterion. Time and opportunity waits for no man.

Last edited by 4D.TOTO&BS; 27-03-2018 at 12:46 AM..
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Old 27-03-2018, 01:00 AM   #8
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Cambodia should encourage more factory set up rather than these useless malls which do not exactly beneficial local .
It depends. Foreign investments and tourism promotion can create jobs and motivate economic growth via specific sector. That location is for this.
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Old 27-03-2018, 01:01 AM   #9
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It's in the capital of Cambodia, Diamond Island. From Google map it seems a bit underdeveloped currently but quite a prime area. Nearby got one huge Aeon mall. Next to the site is a hotel (Toyoko Inn). Developer might have considered the timing to enter the market vs opportunity criterion. Time and opportunity waits for no man.
The Peak is not on Diamond Island (Koh Pich). It near to the island. The Peak is 50 metres from Naga Casino.
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Old 09-04-2018, 09:39 PM   #10
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https://www.businesstimes.com.sg/rea...rage-at-launch

Seems like Oxley is doing quite well in Singapore Market. 76% sold at average price of S$1815. It is considerably high in my opinion.

And also saw another adv on Oxley Towers KLCC by Oxley Holdings- seems like going to launch soon. Source: https://www.oxleytowersklcc.com/

Maybe its time to buy their shares haha
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Old 01-09-2018, 09:18 PM   #11
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Units still available
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Old 01-09-2018, 11:34 PM   #12
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can take loan hoot boh? actually been looking at Cambodia and EM for the past few years.
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Old 01-09-2018, 11:35 PM   #13
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One thing i worry is the properties managed under oxley.

just take a trip to oxley bizhub at taiseng, the buildings just top few years ago, now look quite cui.
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Old 02-09-2018, 08:10 AM   #14
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can take loan hoot boh? actually been looking at Cambodia and EM for the past few years.
Only can take personal loan
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Old 29-11-2018, 05:05 PM   #15
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Just curious if anyone here has purchased a retail unit for the potential capital gains? The 5+% / yr program don't seem that attractive for the amount of risk involved though. Am more keen in the possible capital appreciation in selling the unit.
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