Market Analysis
Cambodia Property Market Outlook 2025
A comprehensive look at where Cambodia's property market is heading in 2025 and beyond.
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Independent analysis of Phnom Penh's top developments — no developer bias, no hidden commissions.
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Featured Developments
Independently researched projects across Cambodia's key property markets.
Public Records Only
Completed
Chak Angrae Leu, Meanchey, Phnom PenhMixed-Use
Urban Village Phase 2
Completed residential community on Hun Sen Boulevard in Chak Angrae Leu, Meanchey District — part of the wider Urban Village mixed-use precinct. Approximately 1,700 units across studios, lofts and one- to three-bedroom apartments, with access to retail, leisure and the Factory Phnom Penh creative hub. Resale units publicly listed from approximately US$78,000.
Indicative advertised starting price — not a verified developer price list
From approx. US$78,000 — US$250,000
Developer Verified
Completed
Boeung Kak 1, Toul Kork, Phnom PenhMixed-Use Residential & Commercial
Royal Platinum
Completed mixed-use development in Boeung Kak 1, Toul Kork, comprising 851 residential units and 50 commercial shophouses across two 30-storey towers, developed by Royal Group and Hong Lai Huat Group through their joint-venture entity.
Indicative advertised starting price — not a verified developer price list
From approx. US$133,000 — US$1,402,000
Public Records Only
Completed
Samdech Hun Sen Boulevard, Chak Angrae Leu, Meanchey, Phnom PenhMixed-Use Residential & Commercial
R&F City
Large-scale completed mixed-use development along Hun Sen Boulevard in Chak Angrae Leu, Meanchey, comprising approximately 5,237 residential units across buildings of up to 33 storeys. Associated with R&F Properties (Cambodia) Co., Ltd. and Guangzhou R&F Properties. Enhanced due diligence recommended given parent-company financial disclosures.
Indicative advertised starting price — not a verified developer price list
From approx. US$47,000 — US$235,000
Public Records Only
Under Construction / Near Completion
Diamond Island (Koh Pich), Tonle Bassac, Chamkarmon, Phnom PenhWaterfront Condominium
Diamond Bay Garden
Premium waterfront condominium development on Koh Pich (Diamond Island), Tonle Bassac, Chamkarmon. Three towers of 39 storeys each; 591 units reported in the first tower/phase. Developed by Diamond Bay Garden Co., Ltd., an OCIC affiliate. Studio to three-bedroom configurations. Target completion 2026 — handover status requires confirmation.
Indicative advertised starting price — not a verified developer price list
From approx. US$126,000 — US$380,000
Developer Verified
Completed
Koh Norea, Nirouth, Chbar Ampov, Phnom PenhResidential Condominium / Mixed-Use
Vue Aston
Riverside condominium development on Koh Norea, Nirouth, Chbar Ampov. 38-storey tower designed by HKS Architects, developed by The Peninsula Capital Co., Ltd. Approximately 895 units reported; phased handovers commenced June 2024, reported completed 2025. Citadines Vue Aston Phnom Penh serviced-apartment offering associated with the development.
Indicative advertised starting price — not a verified developer price list
From approx. US$57,000 — US$915,000+
Public Records Only
Completed
Chroy Changvar, Phnom PenhCondominium / Apartment / Penthouse
La Vista One
High-rise riverside condominium in Chroy Changvar, near the confluence of the Mekong and Tonle Sap rivers. 41-storey tower developed by Yin Yi Venture Co., Ltd.; CRCC reported as construction partner. Approximately 1,442 units reported. Reported completed with handover activity in 2025. Studio to penthouse configurations.
Indicative advertised starting price — not a verified developer price list
From approx. US$88,800 — US$1,000,000+
Public Records Only
Completed
Chroy Changvar, Phnom PenhMixed-Use High-Rise (Serviced Apartments, Hotel, Office, Retail)
Wealth Mansion
Completed 45-storey mixed-use high-rise in Chroy Changvar, near the Cambodian-Japanese Friendship Bridge. Developed by Everhealth International Investment and Development Co., Ltd. 1,184 units reported across serviced apartments and Shama hotel accommodation. Studio to three-bedroom configurations. Reported completed 2024.
Indicative advertised starting price — not a verified developer price list
From approx. US$93,000 — US$250,000+
Public Records Only
Completed
Mekong River Road, Chroy Changvar, Phnom PenhMulti-Tower Residential Condominium
Morgan EnMaison
Large-scale riverside condominium development in Chroy Changvar, along Mekong River Road. Five towers and approximately 4,480 units reported. Developed by Morgan Group / CAM-JIACHUANG Real Estate Co., Ltd. Studio to penthouse configurations. Reported completed 2024.
Indicative advertised starting price — not a verified developer price list
From approx. US$69,300 — US$5,000,000+
Developer Verified
Under Construction
Boeung Kak 1, Toul Kork, Phnom PenhResidential Condominium with Duplex Residences
Time Square 7
High-rise residential condominium under construction in Boeung Kak 1, Toul Kork. Developed by Megakim World Corp. Ltd. as part of the Time Square series. Approximately 700 units across 49 levels, including conventional apartments, lofts and duplex residences. Target completion 2028.
Indicative advertised starting price — not a verified developer price list
From approx. US$39,900 — US$240,000
Developer Verified
Under Construction
Toul Tom Poung 1 (Russian Market), Chamkar Mon, Phnom PenhResidential Condominium and Duplex Residences
Time Square 8
High-rise residential condominium under construction in Toul Tom Poung 1 (Russian Market area), Chamkar Mon. Developed by Megakim World Corp. Ltd. as part of the Time Square series. Approximately 700 units across 50 floors, including conventional apartments, loft-style layouts and duplex residences. Target completion Q4 2028.
Indicative advertised starting price — not a verified developer price list
From approx. US$39,900 — US$250,900
Public Records Only
Under Construction
Street 278, Boeung Keng Kang 1 (BKK1), Phnom PenhResidential Condominium
Time Square 9 – The Gatsby Residence
Residential condominium under construction on Street 278 in BKK1, Phnom Penh. Developed by Megakim World Corp. Ltd. as part of the Time Square series. Also marketed as The Gatsby Residence. 39-storey tower with one- to four-bedroom residences and penthouses. Groundbreaking June 2026; target completion Q4 2029.
Indicative advertised starting price — not a verified developer price list
From approx. US$87,984 — US$455,000
Public Records Only
Under Construction
Street 113, Boeung Keng Kang 3 (BKK3), Phnom PenhResidential Condominium
Time Square 11 – Time Castle XI
Residential condominium under construction on Street 113 in BKK3, Phnom Penh. Developed by Megakim World Corp. Ltd. and also marketed as Time Castle XI. Approximately 390 units across 39 storeys, with compact one-bedroom and two-bedroom layouts. Groundbreaking June 2026; target completion June 2029.
Indicative advertised starting price — not a verified developer price list
From approx. US$44,251 — US$86,922
Developer Verified
Under Construction
Norodom Boulevard, Tonle Bassac, Chamkarmon, Phnom PenhPremium Residential Condominium (Mixed-Use Development)
Odom Living
Premium residential condominium under construction on Norodom Boulevard in Tonle Bassac, Chamkarmon. Developed by Urban Living Solutions (ULS) as the residential component of the wider ODOM mixed-use master plan. 138 residences across 22 floors, with 1- to 4-bedroom layouts from approximately 78–262 sqm. Target completion 2027.
Indicative advertised starting price — not a verified developer price list
From approx. US$275,000 — US$1,105,500
Developer Verified
Under Construction
Tonle Bassac, Chamkarmon, Phnom Penh (South BKK1 area)Residential Condominium / High-Rise
J Tower 3
Residential condominium under construction in Tonle Bassac, Chamkarmon (South BKK1 area), Phnom Penh. Developed by Tanichu Assetment Co., Ltd. A 77-storey tower of approximately 333 metres with 360 residences, primarily spacious 3-bedroom layouts. Scheduled completion December 2028; delivery January 2029.
Indicative advertised starting price — not a verified developer price list
From approx. US$330,000 — Upon Enquiry Quotation
Public Records Only
Under Construction
Street 69BT area, Boeung Tompun 1, Mean Chey District, Phnom PenhResidential Condominium
Kingston Royale
Residential condominium under construction in Boeung Tompun 1, Mean Chey District, Phnom Penh. Developed under the Kingston Estates brand (project company: KR Kingston Royale Co., Ltd.). 310 units across 36 storeys, primarily one- and two-bedroom layouts. Completion target Q1 2028; handover April 2028 as advertised.
Indicative advertised starting price — not a verified developer price list
From approx. US$40,930 — US$150,010
Public Records Only
Completed
No. 83B, Sothearos Boulevard, Tonle Bassac, Chamkarmon District, Phnom PenhCondominium / Serviced Residence
The Penthouse Residences
Completed 43-storey condominium and serviced-residence development on Sothearos Boulevard, Tonle Bassac, Chamkarmon District, Phnom Penh. Developed by The Penthouse Residence Co., Ltd. 458 units across a broad range of configurations — studios, 1- to 4-bedroom residences, duplexes and penthouses — from approximately 27 sqm to 474 sqm. Completed 2020; primarily resale and rental market.
Indicative advertised starting price — not a verified developer price list
From approx. US$70,000 — US$1,890,000+
Public Records Only
Completed
No. 122, Street 352, Boeung Keng Kang 1 (BKK1), Phnom Penh, CambodiaMixed-use — Residential Condominiums, Serviced Residences and Commercial Space
Le Condé BKK1
Completed 43-storey mixed-use development on Street 352, BKK1, Phnom Penh. Developed by Wangfu International Real Estate Development Co., Ltd. 1,080 units reported — studios to large multi-bedroom residences and penthouses. Completed 2025; primarily resale and rental market. Building management by Hopetree Japan (confirm current arrangements).
Indicative advertised starting price — not a verified developer price list
From approx. US$75,000 — Custom Case Quotation
Public Records Only
Under Construction
Street 334, corner of Norodom Boulevard, Boeung Keng Kang 1 (BKK1), Phnom Penh, CambodiaMixed-Use High-Rise — Residential Condominiums, Hotel and Lifestyle Facilities
G.A.T.O Tower
Planned 67-storey mixed-use high-rise at the corner of Street 334 and Norodom Boulevard, BKK1, Phnom Penh. Developed by MIRAKU Capital & Development Co., Ltd. (Japanese-Cambodian partnership); architectural design associated with Shin Takamatsu. 472 residential units reported; separate hotel component of 224–238 rooms. Groundbreaking July 2026; target completion Q4 2030.
Indicative advertised starting price — not a verified developer price list
From approx. US$98,115 — Upon Custom Inquiry
Public Records Only
Under Construction
Street 322, Boeung Keng Kang 1 (BKK1), Phnom Penh, CambodiaHotel and Residential Condominium Development
UC88 Wyndham Garden BKK1
A 46-storey hotel and residential condominium development on Street 322, BKK1, Phnom Penh. Associated with UC Group / UC Design & Build; Chhun Sambath Development Co., Ltd. identified as developer in public listings. Wyndham Garden hotel branding. 438–459 units reported (sources differ). Advanced interior-finishing stage as of August 2026; final completion and handover not independently confirmed.
Indicative advertised starting price — not a verified developer price list
From approx. US$139,685 — US$3M+
Public Records Only
Completed
Street 2004 (MaiDa Street), Sangkat Ou Baek K'am / Tuek Thla, Khan Sen Sok, Phnom Penh, CambodiaResidential Condominium, Commercial and Entertainment Development
Orkidē The Royal Condominium
Completed large-scale residential and commercial development in Sen Sok, Phnom Penh. Developed by Orkidē Development / Orkidē Villa Co., Ltd. Six 18-storey condominium towers; 1,999 units reported by the developer. Completed approximately 2021. Resale and rental inventory advertised in the secondary market.
Indicative advertised starting price — not a verified developer price list
From approx. US$63,000 — Upon Case Quotation
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Editorial analysis and research from the Bricks team.
Bricks Property Network is an independent research platform. All project information is sourced from public records, developer materials, and site visits. This is not financial or investment advice. Always conduct your own due diligence before making any property investment decision.