Luxury villa for sale Kampong Som National Road 4 | Sihanoukville

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This luxury villa with incredible vistas across the rolling hills in Kampong Som, just 25km from Sihanoukville City on National Road 4 for sale.

Kiri Park Residence & Resort (by Han Thong) is an elite development set on 300 hectares of prime land offering your dream house surrounded by a healthy environment, perfect for weekend getaways.

The development includes a waterfront park that links the surrounding mountains, lake and nature and is a triumph of architectural and city planning design.

Special monthly installments from $500 are available and all units can be received fully furnished or unfurnished with attractive Guaranteed Rental Return (GRR) and buyback terms.

Please contact us directly for more information about this amazing deal.

About Han Thong Investment Co:

Han Thong Group is a prominent conglomerate founded by the renowned Cambodian entrepreneur, OKNHA LIM LEANG, in the Kingdom of Cambodia.

Since 2001, the group diversified group to include logistics, tourism, international trade, real estate development, financial services, special economic zones, and agriculture.

The company’s success can be attributed to its skilled workforce of over 1,000 and more than 500 management elites from different countries.

Han Thong has established a sound and scientific management system that ensures the continued success of both the group company and its individual entities.

It has several brands such as Han Thong Investment, Han Thong Customs Clearance & Transport, Han Thong Consultant, Han Thong Trading, A-xcellent Consultancy, Lotus Lounge, and Tomich Hill Wines.

Villa project information:

• Project name: Kiripark Residence and Resort
• Developer: HAN THONG INVESTMENT CO., LTD
• Site area: Khom Stueng Chay, Srok Kompong Seila, Sihanoukville
• Tenure of Land: Freehold
• Total Units: 800 units villas and houses
• Phase 1 Land Size: 13.65 hectares
• Phase 1 Total Unit: 85 units
• Unit type: Suite Villa
• Land Size: 1020 – 1300sqm
• Each Villa Total GFA: 334sqm
• Average price per sqm: Around $800/sqm
• Total price per unit: $279,000+
• Ceiling Height: 3.5m – 4.2m
• Management fees: 1st yearn (free), 2nd year ($80/month), 3rd year ($120/month), 4th and more ($150/month)
• Management company: Kiripark Management Co.,Ltd
• Guarantee Rental Return (GRR): 1st and 2nd years ($1000/month), 3rd and 4th years ($1200/month), 5th Year ($1500/month)
• Buy Back Policy (For Special Offer Unit): Extra $30,000 From SPA price (E.G. SPA Price $260,000 / buy back price $290,000)
• Ownership Title Transfer Cost (For Special Offer Unit): Free (Landlord to Buyer)
• Trust Service (Foreigner): Free for first 5 years

Original ID: SHV.A12

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About Kampong Som

Sihanoukville (Kampong Som) is a coastal city and capital with the same name. It is located in the country’s southwest on the Gulf of Thailand.

The city is surrounded by beaches and marsh lands bordering Ream National Park.

The city has one navigable river, the Ou Trojak Jet running from Otres Pagoda to Otres. A number of islands are nearby which have seen recent development.

In the last few years, the area has seen unprecedented levels of Chinese investment with around 100 casinos opening up in the city.

The city’s profile has changed significantly with thousands of mainland Chinese workers, developers and investors settling there.

In 2019 nearly 80,000 Chinese lived in Sihanoukville (90% of the city’s expat population) making it a major city in China’s One Belt One Road Initiative.

Phnom Penh – Sihanoukville Expressway

Now operational, the Expressway is the largest in the country, providing a fast link between the two cities.

• PROJECT TYPE: 2 + 2 lane Expressway
• MAX SPEED: 100 km/h
• LENGTH: 190 km
• WIDTH: 24.5 metres
• DEVELOPER: China Road & Bridge Corporation (CRBC)

Feasibility study completed by JICA 2006 – 2018 and construction started in 2019.

The road starts at Tomnup Kob Srov Road in Phnom Penh, runs along the west side of NR 4 to Chbar Mon. There it crosses over NR 4 and continues along its east side to Sihanoukville.

The project includes 89 bridges, 4 rest stops, petrol stations and crash barriers for convenience and safety.

Project cost US$2B – partnership with CRBC and the Chinese and Cambodian governments.

The China Road and Bridge Corporation (CRBC) was the principal contractor and ongoing costs will come from road users via toll booths.

• Link between the capital and main seaport
• Reduce transport time by 50% to 2½ hours
• Ease traffic flow on NR 4 and enhance safety
• Create 6,000 construction jobs and 2,000 operations jobs

Is the property market healthy enough?

Despite claims the Cambodia property market is not healthy enough to compete globally, there is evidence this is not the case.

The sector has ridden a massive wave of direct foreign investment, mostly from China, with no foreseeable limit, despite COVID-19.

READ MORE

Good guide to investing

Here is a good guide to investing in Cambodia that should steer you away from total financial disaster.

The real estate market in Cambodia is extremely varied, more so than most countries, which can make investing either a smooth journey or a rocky one.

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Innovative Cambodia my 2nd home program

Cambodia my 2^nd home (CM2H) is an innovative initiative recently launched by KHCA (Khmer Home Charity Association) in association with the Ministry of Interior (MOI).

Its aim is to help foreign nationals enjoy a series of measures to facilitate living and business in Cambodia.

Benefits for participants include – a 10-year unlimited entry/exit visa and, after 5 years, they are eligible to apply for a Cambodian passport and enjoy the advantages of the ASEAN network.

Tourism Infrastructure

According to the Tourism Infrastructure Project, tourism – specifically Kampot, Kep and Koh Kong – is expected to increase 500% by 2025.

The Government aims to enhance (i) travel connections; (ii) product development; (iii) tourist safety; (iv) marketing; (v) the business environment; and (v) HR development.

Drone footage of Kampot (Jeff Perigois)

Tourism Growth Project

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