Mongolia | Research & Market Insight

Luxurious Living at Olympic Residence

Written by Namy | Jan 21, 2018

The Olympic Residence is a luxury condominium project located in the Central Business District, which will feature luxury penthouses with terraces, separate entrances for residential and retail spaces, concierge service, an attended lobby, security, underground parking and luxury retail and entertainment space. The site also benefits from unspoiled views of the Bogd Khan Mountain Range to the South and downtown Ulaanbaatar to the North, offering unparalleled scenery in every direction. The scheme’s prime location makes it a unique investment opportunity. The Olympic Residence is a highly visible, premier mixed-used complex within Ulaanbaatar’s Central Business District.

 

The Olympic Residence is a luxury condominium project located in the Embassy district, which will feature penthouses with terraces, separate entrances for residential and retail spaces, concierge service, an attended lobby, security, underground parking and luxury retail and entertainment space. The development will have residential GSA of approximately 27,500 sqm and commercial GSA of approximately 5,215 sqm at the base of the building, and will feature 99 luxury apartments, four floors of luxury retail space and two floors of underground parking. Currently, the exterior of the development has been completed, interior construction is on-going, and the project has received all permissions necessary to complete the development, including permission to connect to the Ulaanbaatar heating grid. The project is completed in 2018.

 

World-renowned real estate consultancy Voodoo Associates, and interior design company Rive Gauche, collaborated to create the Olympic Residence.

With over 20 years of experience designing retail, hospitality, sport & entertainment and mixed use commercial properties in Asia, Russia and Europe, Voodoo brings its expertise to the Residence. Voodoo has a presence in China and Belgium, and is one of Eurasia’s leading real estate consultancies.

Rive Gauche is the inheritor of generations of visionaries whose careers spanned South America and Europe. Having previously collaborated with APIP on the design of the Village @ Nukht, Rive Gauche is familiar with Ulaanbaatar’s real estate market and has tailored its service to precisely meet the aesthetic demands of the market.