Platinum Coast is a large-scale mixed-use development located in Ream, Prey Nob, within the province of Preah Sihanouk, Cambodia. It is positioned near a national park and offers panoramic views of the ocean, making it a prominent seaside project in the region. The project is considered part of “New Sihanoukville,” reflecting its modern infrastructure and ambitious scope.
Key Features of Platinum Coast
– Project Size and Units: Spanning 50 hectares, the development includes 494 beachfront condominium units across two 17-story towers, 54 luxury villas (available in French traditional and modern designs), and land plots for custom-built properties.
– Unit Types: The condos range from sea view studio apartments (34–71 m²) to larger units. Villas are designed for holiday homes, while penthouses are also available.
– Facilities:
- Leisure: Swimming pool, children’s playground.
- Fitness: Gym.
- Convenience: Shopping mall, car parking.
- Safety: CCTV surveillance and fire alarm systems.
- Additional amenities include a sky bar, restaurants, coffee shops, a five-star hotel, schools, and entertainment centers.
– Surrounding Area: The project is surrounded by nature parks, estuaries, and mountain resorts. It is close to essential services like hospitals, schools, banks, and nightlife venues.
Investment Highlights
– Pricing: Units start at $50,000 for studios and go up to over $1 million for luxury penthouses.
– Rental Returns: Expected rental yield is approximately 8%.
– Payment Plans: Down payments start at 30%, with installment options available for up to 10 years.
– Developer: The project is developed by HONCHEN Cambodia & LIXIN Group.
Construction Progress
As of late 2024, construction was reported to be approximately 85% complete. The first phase has already delivered units as of March 2023.
Platinum Coast represents a significant investment opportunity in Cambodia’s growing real estate market due to its strategic location and comprehensive amenities.
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