OASIS GALLERIA DEVELOPMENT IN THE ENTERTAINMENT DISTRICT

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OASIS GALLERIA


Located in the heart of the entertainment district of downtown Ulaanbaatar, the Oasis Galleria is a commercial development, which will feature an attended lobby and security, 4 floors of retail and commercial space, and underground car parking space. The development will have 1,557 sqm of GSA. Approximately 1392 sqm will comprise the commercial and retail space, while 165 sqm will be underground parking. Currently, the development has been designed, and we are ready to start construction. The project is expected to finish in 2021.

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LOCATION


The Oasis Galleria is conveniently located near Seoul Street, the most vibrant street in Ulaanbaatar. It connects the CBD with the city’s most popular shopping areas. The street is lined with bars, restaurants, karaoke rooms, and night clubs filled with both expats and Mongolians in the evenings. The Oasis Galleria will be the first modern Galleria near Seoul Street, which is filled with old, Soviet style buildings. The development is situated close to both the State Department Store and the CBD. The convenient location and modern design makes it a unique investment opportunity and commercial space for the growing middle class in Mongolia. 

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THE DEVELOPER


Asia Pacific Investment Partners is a research-driven emerging and frontier markets real estate company with a strong track record in Mongolia. Founded in 2001 by Lee Cashell and Tsendsuren Bordukh, the group has focused on the development of luxury and middle-income residential and retail properties in Ulaanbataar. As at 30 June 2016, the group had completed development of approximately 47,000 sqm in GFA of real estate across five developments. The group currently has approximately 38,000 sqm in GFA under construction on one site. Additionally, APIP has control over land holdings capable of delivering up to 500,000 sqm.

To date, APIP has successfully designed, completed, marketed and sold finished properties in five major developments in Ulaanbaatar: Mon House Residence in 2005, Park View Residence in 2007, Temple View Residence in 2010, Regency Residence in 2010 and Village at Nukht in 2014. Apart from the above developments, we’re currently under development or expected to begin in the near term on Olympic Residence completing in 2018, Circus Residence completing in 2019 and Park Place completing in 2022.
 
APIP has won several awards for its developments:
  • 2010 Best Architecture in Mongolia for Regency Residence
  • 2012 Best Construction Company in Mongolia for Mongolian Properties Construction Corporation
  • 2013-14 Highly Commended Real Estate Agency Mongolia awarded by Asia Pacific Property Awards Development for Mongolian Properties
  • 2013-14 Highly Commended Retail Development Mongolia awarded by Asia Pacific Property Awards Development for Village @ Nukht
  • 2013-14 Highly Commended Mixed-Use Development Mongolia awarded by Asia Pacific Property Awards Development for the Olympic Residence
  • 2014 Mongolian Best Company awarded by Mongolian Business Association for Mongolian Properties
  • 2015 Best Real Estate Agency in 2010-2015 award given by Forbes Magazine for Mongolian Properties
  • 2016 Entrepreneur in Real Estate Industry award given by Mongolian National Chamber of Commerce and Industry for Mongolian Properties
  • 2017 Best Apartment Development awarded by PropertyGuru Asia Property Awards Mongolia for the Olympic Residence
 

OUR PROJECTS

Olympic Residence

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Olympic Residence

 
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Completion date

2018 Q4

About project

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 expected to be completed in the Q4 of 2017.

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Village @ Nukht

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Village @ Nukht

Village @ Nukht - Commercial Development in Ulaanbaatar, Mongolia
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Completion date

2014

About project

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.

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Regency Residence

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Regency Residence

Regency Residence - Luxury Real Estate in Mongolia
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Completion date

2010

Address

Regency Residence, Suite 202, 16 Olympic Street, Khoroo 1, Sukhbaatar District, Ulaanbaatar, Mongolia

About project

In 2010, APIP Group completed the Regency Residence with 15 floors consisting of 104 luxury apartments and three floors of mixed-use retail and commercial space that contains two restaurants, a supermarket, a gym, office space, a drycleaner and underground parking facilities. Regency Residence was one of the first full-service residential condominiums in Mongolia featuring an attended lobby and concierge service.

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Temple View Residence

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Temple View Residence

Temple View Residence - Real Estate Ulaanbaatar
Completion date

2010

Address

Temple View Residence 12 Jamyan Gun Street 1st Khoroo, Sukhbaatar District Ulaanbaatar 14240

About project

In 2010, APIP Group completed the Temple View Residence, a mixed use development located in Ulaanbaatar’s Embassy District. Designed by a Finnish architect, the development consists of 16 luxury apartments and one floor of office space and has features, including higher ceilings and larger windows, that were new to the local market compared to other buildings being built in Ulaanbaatar at that time. This was the first project that the Group managed from inception to completion.

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DESIGN


World-renowned real estate consultancy Voodoo Associates.
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.

Architecture by voodoo in Mongolia
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LAYOUT

Oasis Galleria - layout B1

Commercial - B1 Floor

  • Area
    213.6 sqm
1st floor

Commercial I - 1ST FLOOR

  • Area
    220.4 sqm
Loft

Residential - Loft

  • Area
    78 sqm
2nd floor

Commercial - 2ND FLOOR

  • Area
    286 sqm
Oasis Galleria - Layout F3

Commercial - 3RD FLOOR

  • Area
    287.6 sqm
Oasis Galleria - Layout F4

Commercial - 4TH FLOOR

  • Area
    284.4 sqm

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CONTACT

Yanjmaa Dashdendev
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Yanjmaa Dashdendev
Director of Residential Sales and Leasing
+976 9907 6880
Sonintuya-2
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Sonintuya Correa
Sales Manager
+976 9990 3034
tsolmon
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Tsolmon Ganzorig
Real Estate Agent
+976 9595 7599
BIlegt
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Bilegt Batchuluun
Real Estate Agent
+976 9475 5555
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