In 2010, APIP completed its fourth development: the Regency Residence. The Residence provides 15 floors consisting of 104 luxury apartments and three floors of mixed-use retail and commercial space that contains two restaurants, a play area for children, a supermarket, a gym, the Group's main offices, other office space, a dry cleaner and underground parking facilities. Regency Residence was the first full-service residential condominium in Mongolia featuring an attended lobby and concierge service.
The Directors believe that Regency Residence was the first full-service residential condominium in Mongolia featuring an attended lobby and concierge service. The Group was able to sell the units at what the Directors believe was, up to that time, the highest average price per sqm in the Mongolian residential real estate market.
"Everyone wants a piece of land. It’s the only sure investment. It can never depreciate like a car or washing machine. Land will only double its value in ten years. – Sam Shepard"
If you’re interested in renting or buying units in this development, please contact us at info@mongolianproperties.com for more information.