Frequently Answered Questions
Frequently Answered Questions
Yes, a common form of foreign ownership for real estate in Cambodia is through a perpetual lease. This provides the lessee with an immovable property right and is entered for a minimum term of 15 years and a maximum of 50 years. The term of the lease can be automatically extended for consecutive periods of 50 years, thus its ‘perpetual’ description.
Construction on an individual plot must have commenced within 5 years following the execution date of contract. In this time simultaneously construction will have also commenced for infrastructure services and access, thereby aligning with the estimated completion date for the villas.
The Village Centre will comprise approximately 3 specialty shops including a grocer’s market and ancillary commercial space. The Village Centre will be a vibrant hub for the reserve community, where people can shop, eat and socialise. Planned opening 2022/23 subject to planning, leasing, design and market conditions.
Yes, however all designs must adhere to the Building and Environmental Codes of the Song Saa Reserve and be approved by Arcadia prior to their submission to the Land Office for building permits. The expansion/renovations must not exceed the maximum built up surface of the floor area and generally adhere to the Building and Environmental Codes of the Song Saa Reserve.
The entire development is designed with wellness in mind with walking paths and bike lanes providing for resident’s enjoyment of reserve’s unique natural space which includes access to the lake, parks and greenspace. All plot owners of the Banteay Srei Estate will also have access to the Song Saa Reserve Hotel, which includes a swimming pool, spa and gym facilities.
Frequently Answered Questions
Yes, a common form of foreign ownership for real estate in Cambodia is through a perpetual lease. This provides the lessee with an immovable property right and is entered for a minimum term of 15 years and a maximum of 50 years. The term of the lease can be automatically extended for consecutive periods of 50 years, thus its ‘perpetual’ description.
The tenure provided to all investors of the Song Saa Reserve is a Fifty (50) year perpetual lease and option. Upon lease of the land and villa, the lease is registered with the Land Office on the title and a perpetual lease certificate is issued to the investor, which can be enforced against third parties and while also serving as security for the payment of the borrower’s debt.
The construction timeframe for a Kulen villa is estimated to be 18 months from date of contract execution. In this time simultaneously construction will have also commenced for infrastructure services and access, thereby aligning with the estimated completion date for the five villas.
The Village Centre will comprise approximately 3 specialty shops including a grocer’s market and ancillary commercial space. The Village Centre will be a vibrant hub for the reserve community, where people can shop, eat and socialise. Planned opening 2022/23 subject to planning, leasing, design and market conditions.
Yes, however all designs will need to be approved by Arcadia prior to their submission to the Land Office for building permits. The expansion/renovations must not exceed the maximum built up surface of the floor area and generally adhere to the Building and Environmental Codes of the Song Saa Reserve.
The entire development is designed with wellness in mind with walking paths and bike lanes providing for resident’s enjoyment of reserve’s unique natural space which includes access to the lake, parks and green space. All villa owners of the Banteay Srei Estate will also have access to the Song Saa Reserve Hotel, which includes a swimming pool, spa and gym facilities.
Still have question? Talk to us.
The team at the Song Saa Reserve are ready and available to handle your questions about the Kulen Villas, the Banteay Srei Estate and the wider Song Saa Reserve. Contact us now for further information and any queries that you may have.