Morgan EnMaison
Public Records OnlyCompletedTitle Unverified

Morgan EnMaison

Mekong River Road, Chroy Changvar, Phnom Penh

Developer
Morgan Group / CAM-JIACHUANG Real Estate Co., Ltd.
Type
Multi-Tower Residential Condominium
Total Units
4,480
Completion
2024
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About This Project

Morgan EnMaison is a large-scale riverside condominium development in Chroy Changvar, Phnom Penh. Located along Mekong River Road, the project is positioned beside the Mekong River and offers access towards central Phnom Penh via the Chroy Changvar Bridge and surrounding road connections. Developed under the Morgan Group / CAM-JIACHUANG Real Estate Co., Ltd. brand, Morgan EnMaison is described in property sources as a multi-tower residential community comprising approximately 4,480 units across five towers. The development offers a range of layouts, including studios, one-bedroom, two-bedroom and three-bedroom apartments, as well as loft, duplex and penthouse-style residences. Advertised facilities include swimming pools, a gym, landscaped gardens, a riverside promenade, sky lounges, dining and retail facilities, and other lifestyle amenities. Some marketing materials also refer to a yacht dock or boat pier and a helipad; buyers should confirm which facilities are operational, available to residents and included in the management arrangements. The development's riverside position provides a different residential proposition from established central districts such as BKK1. Its investment appeal depends on the individual unit's purchase price, floor, view, size, condition, recurring charges and achievable rental income.

Key Highlights

  • Large-scale riverside condominium development in Chroy Changvar
  • Five towers and approximately 4,480 units reported across the development
  • A range of residential layouts, from studios to larger multi-bedroom and duplex-style units
  • River and city views from selected units
  • Featuring swimming pools, gym, landscaped areas and shared lifestyle facilities
  • Riverside promenade and access towards central Phnom Penh
  • Developer units and resale units available
  • Hard title, but each unit's title status must be verified independently

Unit Types & Inventory

Unit TypeSize (sqm)Price FromPrice To
Studio~44 to 49USD 69,300USD 76,000
1 Bedroom~55 to 63USD 102,900—
2 Bedrooms~84 to 101USD 140,700—
3 Bedrooms~108 to 110USD 168,000—
Loft / PenthouseVaries by layoutObtain current quotationUSD 5,000,000

Indicative advertised starting price — not a verified developer price list

Pricing & Acquisition Cost

Indicative Price Range
From approx. US$69,300 — US$5,000,000+
Indicative advertised starting price — not a verified developer price list
Estimated Rental Yield
6.0%–8.0% per year
Gross yield estimate — requires verification

Typical acquisition costs in Cambodia include a 4% transfer tax, stamp duty, notary fees (approx. 0.5–1%), and legal fees. Foreign buyers purchasing via co-ownership (strata) title should budget an additional 1–2% for title registration. All figures are indicative — consult a qualified Cambodian property lawyer for a full cost breakdown specific to your transaction.

Investment Considerations

Morgan EnMaison offers a range of residential layouts in a riverside location outside Phnom Penh's established central business districts. Its rental prospects may appeal to residents seeking furnished apartments, river views or access to shared facilities. The reported unit count should be confirmed against official developer documents. Individual unit title issuance, registration and encumbrances must be verified. Resale asking prices vary widely and are not equivalent to completed transactions. Rental demand and resale liquidity should be assessed against comparable completed developments in Chroy Changvar. Net rental yield depends on actual purchase price, achievable rent, vacancy and operating expenses. Buyers should inspect the unit and confirm handover, defects and management arrangements before purchase.

Rental & Investment Analysis

Est. Gross Yield
6.0%–8.0% per year
Total Units
4,480
Completion
2024
Price From
USD 69,300
Price To
USD 5,000,000
Management Fee
Approx. US$1.20/sqm/month — current contractual rate

Yield estimates are gross figures sourced from developer materials and local agent feedback. Net yields after management fees, vacancy, maintenance and taxes will be lower. All figures require independent verification.

Developer Background

Morgan EnMaison is associated in public property sources with Morgan Group / CAM-JIACHUANG Real Estate Co., Ltd. Public project listings describe a large-scale multi-tower development, but this profile does not independently establish the developer's current financial position, outstanding liabilities, full development track record or ability to meet every contractual obligation. Buyers should verify the contracting entity's legal identity, the seller's authority, the unit's title documents, the sale agreement, handover obligations and any outstanding payments or encumbrances.

Construction & Handover

Status
Completed
Target Completion
2024
Last Researched
18 October 2026

Construction timelines in Cambodia are subject to change. Off-plan buyers should verify current construction progress and obtain contractual protections for delays before committing.

Approvals & Compliance

Construction permit: Not independently verified. Occupancy / completion documentation: Not independently verified for a specific unit or the development as a whole. Environmental Impact Assessment (EIA): Not independently verified.

Permit and compliance status should be independently verified with the relevant Cambodian authorities (Ministry of Land Management, Urban Planning and Construction) before any purchase.

Building Management

Management Fee
Approx. US$1.20/sqm/month — current contractual rate

Management fee structures in Cambodia vary significantly between projects. Buyers should obtain a copy of the building management agreement and verify all fees, service charges, and sinking fund contributions before purchase.

Risk Assessment

Overall Risk Rating
Medium

Research confidence scorecard — rated High, Medium or Low based on available evidence.

Developer Track Record
Medium
Title Security
Medium
Location Fundamentals
Medium
Construction Progress
High
Rental Demand
Medium
Resale Prospects
Medium
Overall Confidence
Medium

Sources & Verification

Public Records Only

Information is sourced from public records and developer marketing materials only. Independent verification is strongly recommended.

Information is sourced from public records and developer marketing materials only. Independent verification is strongly recommended. Public property listings reviewed include all available trusted online portals in Cambodia and other local property-market sources. Their figures may differ and are not substitutes for official records or direct confirmation from the legal developer. Research Integrity Level: Publicly and Developer Reported — Independent Verification Required.

Last Researched
18 October 2026
Research Integrity Level
Public Records Only

Pros & Cons

Advantages
  • Chroy Changvar Peninsula riverside setting
  • Boutique development scale limits internal competition
  • Growing residential community with lifestyle appeal
Disadvantages
  • Public Records Only — limited verified information
  • Title status requires independent legal verification
  • Secondary location relative to central Phnom Penh
  • Limited rental demand data available

Who Is This Project Suitable For?

May Be Suitable For
Lifestyle owner-occupiers

Riverside setting with boutique development character.

Long-term investors

Growing peninsula corridor with improving infrastructure.

May Not Be Suitable For
Buyers requiring confirmed title: Title requires independent legal verification.
Short-term resale investors: Limited liquidity in a secondary location.

Buyer suitability assessments are general in nature and do not constitute personalised financial or legal advice. All buyers should independently assess their own circumstances before making any property investment decision.

Location Highlights

District
Chroy Changvar Peninsula, Chroy Changvar District
Main Road
Chroy Changvar Boulevard
Distance to City Centre
Approximately 5–8 km from central Phnom Penh

Nearby Amenities & Landmarks

  • Chroy Changvar riverside promenade
  • Local retail and dining
  • Improving road links to central Phnom Penh

Infrastructure & Connectivity

Established residential peninsula with ongoing development.

Future infrastructure improvements are possible but not confirmed.

Editor's Investment Advice

CAN BUY
Worth Considering for the Right Buyer
Assessed: 25 October 2026

Morgan EnMaison offers a boutique riverside option on the Chroy Changvar Peninsula. Limited verified information requires thorough independent due diligence. Suitable for lifestyle buyers and long-term investors.

Most Suitable Buyer

Lifestyle owner-occupiers and long-term investors.

Principal Risks

Limited verified information, title verification required, secondary location.

Key Checks Before Purchase

Verify title with a Cambodian lawyer. Confirm current pricing and availability.

When This May Change

Verified title and confirmed pricing would improve the assessment.

Investment Disclaimer: Editor's Investment Advice represents an independent editorial assessment based on information available at the date of publication. The labels "MUST BUY", "CAN BUY" and "AVOID" are general opinions for informational purposes only and do not constitute financial, legal, tax or personalised investment advice. Property prices, rental income, capital appreciation and resale liquidity are not guaranteed. Buyers should independently assess their financial circumstances, investment objectives and risk tolerance before making any purchase.

Legal Title Disclaimer: Bricks Consultancy is not a law firm and does not provide legal opinions or certify property ownership. Title status, title transferability, foreign ownership eligibility, encumbrances, permits and other legal matters must be independently verified by a qualified Cambodian property lawyer and the relevant authorities before any payment or purchase commitment.

View full disclaimers
Indicative advertised starting price — not a verified developer price list
From approx. US$69,300 — US$5,000,000+
Est. Rental Yield6.0%–8.0% per year

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Title Unverified

Hard Title. Individual unit title status requires independent verification with a qualified Cambodian property lawyer.

View full title details
Risk RatingMedium
Overall ConfidenceMedium
Title SecurityMedium
Developer Track RecordMedium

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This listing is for research purposes only. Bricks Property Network is not a licensed real estate agent. All prices are indicative. This is not financial or legal advice. Always seek independent professional advice before making any property investment decision.