Mongolia's strong economic growth has resulted in rapid urbanisation of its capital Ulaanbaatar, and has naturally called for the development of various shopping districts and entertainment hubs. Of them all, the most vibrant district is along Seoul Street which links the CBD with the most popular hangouts for its residents. There is one thing that Seoul Street is missing: most of the apartments on Seoul Street are run-down "Soviet style" buildings that are at least 40 years old. The demand for newly built, modern housing around Seoul Street is very high – there is currently nowhere near enough supply. The Oasis Residence was designed to solve this dilemma for Seoul Street's residents. 

The Oasis development is centrally located, and boasts close proximity to the CBD and the State Department Store. The Oasis Residence is surrounded by residential apartments providing for a quiet, relaxed home environment. At the same time, it is just a minute's walk to the main part of Seoul Street. The development features commercial space for coffee shops and convenience stores on the first three floors. Smaller 1- or 2-bedroom apartments are situated above, with larger penthouses big enough for a family of four at the very top. Heated parking is available in the basement. Due to its location, modern facilities, convenient infrastructure, and affordable pricing the Oasis Residence is destined to be the most desirable place to live for the rapidly expanding Mongolian middle class. 

All aspects of property management, including sales, rentals, and maintenance will be conducted solely with Mongolian Properties, the premier real estate agency in Mongolia. Established in 2002, Mongolian Properties is the first and largest real estate agency in Ulaanbaatar. It currently has the highest volume of properties, clients, and transactions in Mongolia. The agency provides full property management services including sales, rentals, tax payments, and maintenance, in English and Mongolian. 

Providing comfortable, leisurely living in the heart of the city, the Oasis Residence is scheduled to completed in the second quarter of 2017. A 65 square metre apartment will cost approximately US$169,000. 

Read more about investing in Mongolia here.