Flatiron by Meridian – Citadines Apart’Hotel For Sale – PP City Center

Fully managed by Citadines, the Apart’ Hotel concept at Flatiron by Meridian offers a new approach to residential investment in Phnom Penh. Investors have full peace of mind, knowing that their fully-fitted property is being carefully managed by one of Asia’s most experienced serviced apartment operators.   Units range from hotel rooms of 21.05 SQM Net Area to large two-bedroom units measuring 153.35 SQM Net. All are provided fully furnished and will be leased by Citadines, in return for which the investor receives an incrementally increasing guaranteed rental return that averages 8.5% per annum for 10 years.   AN ICON OF TOMORROW Flatiron by Meridian combines the ultimate in city center life, from sleek modern office space to luxurious serviced apartment - hotel rooms operated by Citadines, topped off with an array of superb food and beverage provision and useful retailing spaces. Located in Phnom Penh’s central district, Duan Penh, the project takes inspiration from New York’s famous landmark, Flatiron, and translates it into a modern context to suit another rapidly growing urban environment. Flatiron by Meridian is the third project by the award-winning Meridian International Holding, following on from the successes of Casa and Skylar, yet setting new benchmarks for human-centric design, community living and overall development quality. Flatiron by Meridian represents a new benchmark for Phnom Penh’s development and a testament to the developer’s long-term vision.    INSPIRED DESIGN Manhattan’s Flatiron district is named after the iconic skyscraper that continues to dominate its skyline. The property was completed in 1902, becoming one of the first tall buildings in the district. Around it, a bustling and dynamic neighbourhood has developed, always anchored by the dramatic architecture of its namesake. Today, Meridian International Holding has taken inspiration from this eponymous property, translating it into the context of modern-day Phnom Penh and guided always by the philosophy of ‘modernizing the essence’ – updating the timeless design with a modern façade and creating a range of flexible, usable spaces that offer state-of-the-art facilities, IT infrastructure, and safety systems. The ethos of Flatiron extends beyond just the physical construction, into the developer’s ethos of creating a dynamic, thriving community.    PRIME LOCATION Flatiron by Meridian is located in the center of Phnom Penh, less than 1 kilometer from the central railway station around which the city’s central business district has formed. The Peace Palace, which contains the Office of the Prime Minister is also found in proximity, as are a range of shopping malls, 5-star hotels, restaurants and embassies.    KEY FACTS +41 Storeys +168m Building Heights +3,181sqm Land Site +100% Back-up Power Coverage +VRV Air-conditioning System +84,500 SQM Gross Floor Area +150mm Raised Floor to Office +2.8m Ceiling Height to Office +2.6m Ceiling Height to Apart-Hotel +345 Car Parking Lots +482 Motorbike Parking Lots   AWARD WINNING Meridian International Holding scooped 5 award wins at the PropertyGuru 5th Cambodia Property Awards (2020), including: +Best Developer +Best Mixed-Use Developer +Best Mixed-Use Architectural Design (Flatiron by Meridian) +Special Recognition for CSR +Special Recognition in Sustainable Design   MARKET LEADING FACILITIES Flatiron by Meridian incorporates an array of market-leading facilities that all contribute to the creation of a welcoming, community focused atmosphere, whilst adding convenience and luxury at every step. Meridian International Holding has confirmed the provision of food and beverage operations by the renowned Thalias Hospitality Group, who will bring their Khema Go and Khema brands to the project, as well as developing an exciting new concept to tantalize the taste-buds of guests and occupiers.  On-site facilities also include: +Sky Pool +Arena Fitness +Yoga Room +Sauna +Conference Room +Social Kitchen +Resident’s Lounge +Sun Deck +Dual Lobbies +Ample Parking +Lush Landscaping +Retail Offerings