Mongolia | Research & Market Insight

The Village @Nukht - Dream Village Where Comfort Meet Luxury

Written by Namy | Feb 01, 2018

As one of the most promising and anticipated projects, The Village @ Nukht is an award-winning, western style mixed-used development offering an assortment of retail and leisure related activities. Capitalizing on the trend of affluent Mongolians spending their leisure time outside of the city center, the 10,000 square meter development is designed to fill a gap in retail and entertainment offering in Ulaanbaatar. The Village @ Nukht is forecast to become the premier, family oriented retail and entertainment destination and host to musical shows, cultural performances, weddings and special events. The interior courtyard provides access to the shops, restaurants, offices, luxury residences, and entertainment venues as well as a protected outdoor open space for visitors to enjoy the the countryside. The Village @ Nukht is the only retail getaway and leisure destination outside Ulaanbaatar’s city center.

 

Located between Ulaanbaatar and Chinggis Khaan International Airport, this development is nestled in a small valley adjacent to the Bodg Khaan Mountains. Nukht has traditionally served as a holiday destination for former government officials and their families. In recent years, a number of prominent families and affluent Mongolian businessmen have relocated to the area and have built large, Western-style, single-family homes and condominiums. In 2014, the Group completed the Village @ Nukht, a mixed-use residential and retail development in the prestigious Nukht Valley just outside of Ulaanbaatar. The Village @ Nukht was the first dedicated "lifestyle mall" in Mongolia, incorporating a mix of indoor and outdoor space. The commercial space of Village @ Nukht is spread over two floors and contains 18 retail units, five restaurants, a pub, a supermarket, a gym, ten office units, and a wedding and banquet hall. The third floor contains eight luxury penthouses for residential use.

 

The Village at Nukht