Situated near the Ulaanbaatar Circus, the Circus Residence is a premium mixed-use development.
Expected to be completed in 2019, the Circus Residence will be a highly-sought after address, combining affordability, high-end design, and a stunning location. The Circus Residence will hold a prime location in Ulaanbaatar city centre — the Seoul Street area, where demand for apartment-style residential property is very high. The apartments will provide easy access to various entertainment facilities, and to the infrastructure of the city, as well as an easy commute to top office and shopping areas.
Importantly, the property is located immediately adjacent to two of the best public schools in Ulaanbaatar: Russian 3 and School 1. Living in the Circus Residence will provide residents the ability to send their children to these competitive schools (based on local selection quotas) and demand for expat rentals will be extremely high.
Renowned European architecture and interior design firms will be participating in the project, ensuring a modern contemporary design of the highest quality.
Consisting of two floors of commercial space and 13 floors of residential area, the Residence will include 78 apartments and four floors of penthouse apartments boasting terraces of unparalleled views of the mountains located to the south of the city. Apartment styles range from 1-4 bedroom apartments, in sizes from 80 square metres, to 200 sqm.
The development is expected to produce annual returns of up to 15 per cent capital appreciation, and another 12 per cent from rental yields. The price guide for Unit 1003 (94.85 sqm in size) is US$284,460.
Click here to read the December 2017 article about Circus Residence