Home > News > Osiris-Investissements News > Rose Apple Square wins 2023-2024 Asia Pacific Property Awards

In July, Cambodian property developer Urban Living Solutions announced that it had won the "Best Mixed-Use Residence 2023-2024" award at the Asia Pacific Property Awards for its Siem Reap development Rose Apple Square.

Rose Apple Square: a multi-use residence to optimize urban space

The Asia Pacific Property award celebrates excellence in the real estate sector, and in particular here, for the creation of an innovative living space, combining business premises, co-working spaces, community gathering places… with a residence featuring luxury condominium apartments for individuals, families and digital nomads.

Located in the heart of Siem Reap, Rose Apple Square is a residence available for rental investment that was recently completed at the end of last year, and is already welcoming its residents.

It’s also one of the only residences in the heart of the city to offer mixed-use spaces for both professionals and private individuals. It is positioning itself as a pioneer in a more responsible and sustainable approach to urban development, aimed at optimizing the use of existing urban space, rather than sprawling construction on the outskirts and in the countryside.

For more information on the Rose Apple Square residence: click here and contact our product expert.

A word about expatriation in Cambodia: a realistic option?

Overall, Cambodia is a relatively safe country. Because of their culture, the locals are welcoming and helpful to foreigners. As infrastructure is less developed than in neighboring countries such as Thailand and Indonesia, the cost of living is also more affordable.

International Living publishes annual lists of the best places to live or retire, and has named Cambodia the cheapest place to retire in 2019 – the fourth year running. This is particularly true for destinations such as Siem Reap, Kep or Kampot.

Living outside the capital?

The capital Phnom Penh offers more amenities and better standards of health and business infrastructure, for example. However, choosing to retire elsewhere can offer a number of advantages, including more affordable costs and a quieter, more enjoyable lifestyle.

The pace of life is slower in the coastal towns of Kep and Kampot, and in the northwest at Siem Reap. These cities are home to a large number of expatriates, as well as the main services they need.

Siem Reap, in particular, is a great place to relocate, both for its amenities and airport access, and for its strong development potential: a new airport is planned in the near future, and feasibility studies are underway for a modern expressway linking the town to the capital Phnom Penh.

 

Osiris Investissements works with a French expert on site in Cambodia. Please contact us to find out more about real estate opportunities in Cambodia and/or to be put in touch.

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