The Regency Residence - The heart of the city in the heart of Mongolia
Welcome to the site of the Regency Residence.
The Regency Residence is a large multi use complex being currently built in the heart of Ulaanbaatar. It will offer a 100 apartments and penthouses built to the highest standards of International Luxury. The Regency Residence will become one of the landmarks of this ever growing city with its large balconies facing the Boghd Khan range of mountains, overlooking the park and the city. Not only will the Regency Residence be the tallest Residential building in Mongolia but also the most desirable one.
The construction of the Regency Residence continues
at an aggressive pace. There are 200 workers on site every day working on all
aspects of completing the building. Most of the apartments in the Regency
Residence have been completed and the building’s six lifts are currently being
installed.
Our exceptional interior architect, Charlize
Seymour, is currently working on completing the lobby as our interior
finishes for the common parts, such as stone tiles and glass work, is expected
to be delivered within 30 days.
We anticipate that the construction of the
building will be completed by the end of September 2009 and would allow another
30-60 days to receive the Certificate of Occupancy from the relevant
authority. Thus, making the Regency Residence ready for occupancy towards the
end of the year.
The permission for the building certificate has become vry difficult during the lat two years and we are preparing for the appliation process starting at the end of August to try to hasten the certification of the Building.
The Mongolian Properties Agency has been receiving numerous inquiries from embassies, NGO's and private corporations regarding the rental of the Regency Upon Completion.
The Temple Residence, Completed by Mongolian Properties in April-May of this year is almost fully rented and at prices well above the anticipated monthly rate. In addition, because there have been no other luxury apartment buildings finished this year in Ulaanbaatar due to the financial crisis the prices of the Temple Residence have increased over the last three months despite a dramatic downturn in the broader real estate market.
Recent Update of Regency Residence
Work is continuing apace on the Regency Residence - as seen here, the outside is well on the way to completion, with the outer layers of weatherproofing done and the exterior painting work more than half complete. Just in time for the cold weather, during which the construction workers will move on to the interior finishing. Inner walls have already been put in place. The large windows seen above on the very front of the building will be put into their gaps now to block out the freezing air - they had been left open to facilitate bringing materials into the higher floors of the Regency.
The Regency already makes an impressive addition to the city skyline - and will be even more splendid on its completion in Spring. If you are interested in renting and apartment in this fantastic development, complete with shopping, dining, a gym, and underground parking please contact
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, or phone +976 99 094777 for Mongolian,German and English, +976 99 647627 for English, Chinese and Arabic, or +44 7866 937853 for UK buyers.
Our Next Projects
Mongolian Properties is currently creating two other developments; the Olympic Residence and MITIC Towers.
The
Olympic Residence is a striking mixed use development featuring 135 luxury
apartments and penthouses, and three floors of retail units.
The
Olympic will be a unique condominium complex, bringing an exciting, modern
and international flair to the city. This innovative architectural vision
combined with the serenity of the embassy district makes these apartments
an unbeatable investment.
Standing
18 stories tall, this stunning development overlooks the Boghd Khan mountain
range to one side, and the beautiful Sukhbaatar
Square to another. A Scandinavian influenced
architectural design, the new Olympic Residence boasts clean lines and
efficient use of space, with views surpassing any development in the city.
The Olympic Residence will be completed in December 2010 and is now selling.
MITIC is another upcoming project which will feature ultimate luxurious mixture of apartments and penthouses, hotel and shopping.
Welcome to the site of the Regency Residence.
