PICASSO SKY GEMME: Condo New Development For Sale in Phnom Penh BKK1
Picasso 2, also known as Picasso Sky Gemme, is an ambitious new condominium project located in the vibrant Boeng Keng Kang Ti Muoy (BKK1) area of Phnom Penh. Developed by Global Titan Stone Real Estate Development, this project builds on the success of its predecessor, Picasso 1 City Garden, which was well-received and sold out shortly after its launch.
Situated at the intersection of Street 57 and Street 282, Picasso 2 is strategically placed within Phnom Penhโs central business district. This prime location provides residents with easy access to a plethora of dining, shopping, and entertainment options, making it an attractive choice for both expatriates and locals.
Given the success of Picasso 1 and the ongoing demand for high-quality residential properties in Phnom Penh, Picasso 2 is expected to be a lucrative investment opportunity. The previous project demonstrated significant potential for capital appreciation and rental yields, making it appealing for investors looking for profitable ventures in the Cambodian real estate market.
The estimated completion date for Picasso 2 is setย in 2028. Picasso 2 is poised to redefine luxury living in Phnom Penh, combining modern design with high-end amenities in a prime location. It represents a significant addition to the cityโs real estate landscape, appealing to those seeking a prestigious lifestyle in the heart of Cambodiaโs capital.
Project Overview
- DEVELOPER: Global Titan Stone Real Estate Developement
- OWNERSHIP TYPE: Freehold/ Hard Title
- TOTAL FLOOR: 52 Floors
- TOTAL UNIT: 276 units
- COMPLETETION DATE:ย 2028
- LOCATION: BKK1, Phnom Penh
Facilities
- B1 – B1: Basement Floor
- GF: Lobby
- GF – 3F: Picasso Shopping Mall
- 3F – 6F: Fully Auto Car Parking
- 6F – 7F: Indoor Pool, Pet-Friendly Area, Childrenโs Playground
- 24F: Sky Running Track, Garden, Pop Area, Relaxing Area, Natural Market Area
- 42F: Indoor Golf, Chess & Game Room, KTV Party Suite, Theatre, Library, Lounge
- R1 – R2: Skyline Infinity Pool, Jacuzzi, SPA, Gym & Wellness Center, Sky Yoga Room, Steam & Sauna, Sky Bar, Private Gourmet
- R3: Skyline Glass, Walkway, Picasso Gallery
Unit Types
- 1 Bedroom: 61-76 m2
- 2 Bedrooms: 93-118 m2
- 3 Bedrooms: 170 – 203 m2
5 Reasons to Invest in PICASSO SKY GEMME
- Prime Location & Lifestyle: Picasso Sky Gemme is generally marketed as being in a relatively central and desirable location in Phnom Penh (often mentioned near BKK1 or similar areas). This means you’re likely to have easy access to key amenities, business districts, shopping malls, restaurants, entertainment, and international schools. This translates to a convenient lifestyle, reduced commute times, and potential for strong rental demand due to its accessibility. A central location is always a significant selling point for real estate.
- High-End Design & Quality (Potentially): Picasso projects often imply a focus on architectural design and higher quality finishes. If Sky Gemme lives up to this association, you can expect well-designed living spaces, modern amenities, and premium materials. This not only provides a comfortable living environment but also potentially contributes to higher property value appreciation over time. Look for features like spacious layouts, modern kitchens and bathrooms, and high-quality flooring.
- Amenities & Facilities: Condos like Sky Gemme typically offer a range of on-site amenities, such as swimming pools, gyms, sky gardens, lounge areas, 24/7 security, and parking. These amenities enhance the living experience, provide convenience, and add to the overall appeal of the property. These amenities can also attract tenants if you plan to rent out the unit.
- Investment Potential: Phnom Penh’s real estate market has been growing, and well-located, high-quality condos often offer strong investment potential. If the location is truly prime, the building is well-managed, and the overall economy remains healthy, you could see capital appreciation on your investment. You could also generate rental income by leasing the unit to expats, business travelers, or local professionals. Research the current rental market in the area to estimate potential returns.
- Freehold/ Hard Title Ownership: Enjoy complete peace of mind with hard title ownership, also known as freehold ownership. This ensures you have full and legal control over your property, guaranteeing long-term security and investment protection. Unlike leasehold properties, hard title ownership provides the ultimate security and freedom for property owners.