Strong demand for first strata titled office projects

2018 will be a landmark year for strata office space, with Cambodia’s first strata-titled office units set to open in May and about 112,000 square metres to be delivered by the end of next year.

Cambodia’s first strata title office space will come online this year, introducing a new asset class to the commercial office market that could account for over a quarter of total office stock within the next two years.

TK Royal One, a Taiwanese mixed-use development in the capital’s Tuol Kork district, will be the first building in the country to deliver strata office space when it opens next month. Four floors in the 21-storey building have been allocated as strata office space, with 36 units, while the rest of the building designated as residential, with 146 condo unitshttps://www.phnompenhpost.com/post-property/strong-demand-first-strata-titled-office-projects