Flatiron By Meridian – Multi Award Mixed Development In Phnom Penh City Centre
High Rental Guarantee Return – 68.5% Over 9 Years With Buyback Option
Developed By Reputable Developer, Meridian International Holding
Hassle Free & Fully Managed Investment
Flatiron Cambodia Meridian is a freehold grade A office combine with service apartment nestled in the heart of Phnom Penh city centre. Inspired by New York’s greatest architecture, Flatiron, Meridian International Holding delivers the same quality building in the capital of Cambodia.
Flatiron Cambodia Meridian showcases the creativity of the new generation yet retaining the essence of Flatiron in New York city and modernizing with massive contemporary glass structure and state of art interior facilities.
Flatiron is 41 storey building inclusive of service apartment and office space with total gross floor area of about 84,000 sqm featuring a circular drop off area at the entrance of the building, gracious pedestrian space and beautiful landscaping.
Details of Flatiron Cambodia Meridian
| Development: | Flatiron Meridian |
| Developer: | Meridian International Holding |
| Site address: | Lot 549, Sangkat Srah Chak, Daun Penh, Phnom Penh, Cambodia |
| Site area: | 3,181 sqm |
| Building height: | 158 meter |
| Tenure: | Freehold |
| Est. Completion: | 2nd half of 2021 |
| No of floors: | 41 storey |
| No of units: | 300 unit of office spaces, 330 unit of service apartment |
| Eligibility: | Foreigner eligible |
Unit Type
| Unit Type | Type | Size |
| Hotel | Service Apartment | 25.6 – 28.67 sqm |
| Studio | Service Apartment | 47.92 – 54.56 sqm |
| 1 Bedroom | Service Apartment | 59.34 – 92.89 sqm |
| 2 Bedroom | Service Apartment | 127.55 – 157.17 sqm |
| Office | Grade A Office | 57.12 – 215.83 sqm |
Building structure
- B1 & B2: Basement parking
- GF & MF: Retail and madison pivot
- Level 1 – 8: Parking
- Level 9 – 25: Grade A office
- Level 26: Technical floor
- Level 27: Service Apartment facilities
- Level 28: Service Apartment lobby, conference room, and F&B
- Level 29 – 41: Service Apartment
Flatiron Cambodia By Reputable Developer, Meridian International Holding
High 68.5% Rental Guarantee Over 9 Years
Flatiron Cambodia Meridian Location
Flatiron Meridian is located in the prestigious spot of Phnom Penh City Centre. It is truly at the heart of the vibrant city of Phnom Penh where international talents meet with local expert.
Shopping
- Vattanac Capital Tower
- Canadia Tower
- Exchange Square
- Central Market
Healthcare
- Calmette Hospital
- Sihanouk Hospital
- Ang Duong Hospital
- Hope Worldwide
Government Institution
- Phnom Penh city Hall
- Prime Minister Office
- Ministry of National Defence
Education
- University of Health Sciences
- National University of Management
- Limkokwing University
Facilities at Service Apartment
Flatiron Cambodia Meridian facilities is located in level 28 for the Service Apartment include lounge, infinity pool, gym, sun deck yoga, and social kitchen.
Rental guarantee and capital protection scheme
Total rental guarantee is 68.5% over 9 years and in any case, after the rental guarantee scheme is over and investor has the option but not obligated to sell back the unit to developer and get back their initial invested capital.
For investors who would like to invest overseas property usually stumble upon the issue on managing the property after completion. But all these issues do not exist for Flatiron by Meridian. The general property management of Flatiron by Meridian will be managed by Ascott Group under Citadines Brand. It is an assurance to a buyer who invest Flatiron by Meridian with its good ‘after-sales’ services. Many investors, local or abroad, want to invest in the real estate in Phnom Penh but are lacking in leasing experience. Flatiron by Meridian provides a total solution via the services by Ascott and for the office space, it will be handled by the developer themselves if you choose not to manage it yourself.
Flatiron Cambodia By Reputable Developer, Meridian International Holding
High 68.5% Rental Guarantee Over 9 Years
Flatiron Cambodia Developer
Meridian International Holding is a multinational group of companies with a strong base in the textiles & garment business and property investment is no stranger to Cambodia. With over 70 years combined experience in manufacturing and marketing operations in Hong Kong, China, Europe, Singapore, Japan and Cambodia, the group has been investing and conducting business in Cambodia for many years. It has invested over $100 million, providing jobs for more than 1,000 people across its business units and is continuing to fund and grow the group's contributions in Cambodia.
Meridian International Holding’s impressive credentials originate from its unwavering attitude towards providing quality product through innovative thinking supported by keen attention to detail coupled with service excellence propelled by its vision to materialise a strong Meridian brand that is here to stay.
Meridian International Holding’s founder and CEO, Mr. Ko Sek Yan is a strong believer in values and has been instrumental in building the group since the 1980s. "We strive to develop products with good value, delivering quality properties with sophisticated designs at prime locations", he said.
Meridian International Holding’s co-founder, Mr. Salomon Wolf, who hails from Germany, revealed that the group has been investing in Cambodia’s real estate market since the beginning of 2010. Wolf, who is very much involved in the group's business in Cambodia, is a very successful entrepreneur with a strong acumen for business development.
Service Apartment Managing Partner
Flatiron By Meridian Service Apartment component will be fully managed by Ascott Limited Group under the Citadines Brand. Who is Ascott Limited Group? The Ascott Limited is a member of CapitaLand Singapore. It is an international serviced residence owner-operator with more than 73,000 units in over 500 properties, spanning over 130 cities across 30 countries like the Americas, Asia Pacific, Europe, the Middle East and Africa. Its portfolio of brands includes Ascott The Residence, Citadines Apart’hotel, Somerset Serviced Residence, Quest Apartment Hotels, The Crest Collection and lyf.
The asset size of Ascott Reit has grown to S$5.2 billion, four times the amount since it was listed on the Singapore Excahange Securities Trading Limited (SGX – ST) in March 2006. Ascott Reit clinched the “Best REIT (Asia)” award by World Finance magazine at its Real Estate Awards in 2015.
With international renowned service residence operator such as Ascott group on board to manage your unit, rest assured that your investment will be hassle free and high in return.
Developer Track Record
Meridian International Holdings has completed their first 2 developments in Phnom Penh. Both of the development, Casa Meridian and Somerset Norodom also managed by The Ascott Limited. If you are visiting Phnom Penh and would like to stay in Casa Meridian and Somerset Norodom, you can book online via https://www.the-ascott.com/
Flatiron Cambodia By Reputable Developer, Meridian International Holding
High 68.5% Rental Guarantee Over 9 Years
Meridian International Holding (Cambodia) Ltd signed an official contract with the Chinese Chamber of Commerce Cambodia on September 17, at the Flatiron by Meridian Showroom, in the presence of Chinese Chamber of Commerce Cambodia president Jin Jun and Meridian International Holding CEO Murray Ko.
The two purchased commercial units will become the new office for the Chinese Chamber of Commerce Cambodia, once the development is completed in 2021. The location puts it strategically closer to the downtown business district and in closer proximity to high-tech businesses and the entrepreneurial core of the city.
Multi Awards Property Development
Flatiron By Meridian is a Multi Award property development which were handed out 4th September 2020 at the 5th Annual Property Guru Cambodia Property Awards which held at Sofitel Phnom Penh Phokeethra.
Total 8 winning category had been swept off as following:
- Best Developer
- Best Mixed Use Developer
- Best Serviced Apartment Development
- Best Mixed Use Interior Design
- Best Serviced Apartment Architectural Design
- Best Mixed Use Architectural Design
- Special Recognition For Corporate Social Responsibility (CSR)
- Special Recognition In Sustainable Design
More details about the awards coverage: https://www.khmertimeskh.com/50761444/meridian-international-holding-clinch-best-developer-multiple-award-winning-on-luxury-property-flatiron-by-meridian/
Flatiron By Meridian Service Aparment [Citadines]
Flatiron By Meridian Grade A Office
Flatiron Cambodia By Reputable Developer, Meridian International Holding
High 68.5% Rental Guarantee Over 9 Years
Companies in Cambodia
Financial Companies in Cambodia
Cambodia Population
About 70% of Cambodia population is below 30 years (productive age), this will continue to drive economy activity and demand for properties especially office spaces will rise as more jobs will be created.
14 key reasons why you must invest in Flatiron Cambodia Meridian
- Freehold
- Rare supply of Grade A Office and Service Apartment
- Hassle free investment as it will be fully managed by developer
- Very high guarantee rental return 68.5% over 9 Years
- Buy back option at year 10 by developer
- All return and buy back in US Dollar – Not exposed to emerging market currency fluctuation
- Developed by reputable experienced developer
- Prime location at the Phnom Penh city centre – very near to Prime Minister Office and other minister offices
- Multi awards development
- Short supply of Grade A office and demand for office space is growing strong
- The only Service Apartment available for investment in Cambodia
- Completed and enjoy immediate return