Urban Village Phase 2
Chak Angrae Leu, Meanchey, Phnom Penh
Hard Title & Legal Ownership
Title Unverified
Title status has not been independently confirmed by Bricks Property Network. Buyers must conduct their own legal due diligence before committing to any purchase.
All title and legal information on this page requires independent verification by a qualified Cambodian property lawyer before any purchase commitment. Bricks Property Network is not a legal adviser.
About This Project
Urban Village Phase 2 is the second phase of the Urban Village residential community located along Hun Sen Boulevard in Chak Angrae Leu, Meanchey District, Phnom Penh. Public property listings associate the project with Urban Living Solutions and Goldfame Group. The development is reported to comprise approximately 1,700 residential units across multiple high-rise residential buildings. Its reported unit mix includes studios, lofts, one-bedroom, two-bedroom and three-bedroom apartments, with unit sizes ranging approximately from 28 to 111 square metres. The wider Urban Village community combines residential living with retail, leisure, landscaped communal areas and access to the Factory Phnom Penh creative hub. Facilities advertised for Phase 2 include swimming pools, fitness facilities, landscaped areas, parking, security and commercial amenities. The project is positioned along Phnom Penh's southern growth corridor, with road access via Hun Sen Boulevard. Prospective buyers should assess actual travel times, tenant demand, competing condominium supply, resale liquidity and building management quality before making an investment decision.
Key Highlights
- Approximately 1,700 residential units
- Completed development — completion date 2024
- Multiple configurations: studios, lofts and one- to three-bedroom apartments
- Located on Hun Sen Boulevard in Meanchey District
- Part of the wider Urban Village community with access to retail and lifestyle facilities
- Hard-title ownership — individual unit title status requires verification
- Completed units allows physical inspection before purchasing
Unit Types & Inventory
| Unit Type | Size (sqm) | Price From | Price To |
|---|---|---|---|
| Studio | 28–38 | USD 78,000 | — |
| Loft | Varies by layout | USD 100,000 | — |
| 1 Bedroom | 39–60 | USD 95,000 | USD 120,000 |
| 2 Bedrooms | 57–77 | USD 130,000 | USD 150,000 |
| 3 Bedrooms | 84–111 | USD 230,000 | USD 250,000 |
Indicative advertised starting price — not a verified developer price list
Pricing & Acquisition Cost
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
Urban Village Phase 2 offers completed residential stock in the Meanchey district along Hun Sen Boulevard. Its established community setting and access to nearby retail, leisure and creative-business facilities may appeal to owner-occupiers and tenants. Investment performance will depend on the specific unit's purchase price, floor, orientation, condition, furnishing, rental demand, service charges and resale liquidity. Investors should compare actual achieved rents and recent comparable transactions rather than relying solely on advertised asking prices or projected yields. As the development is reported as completed, buyers should prioritise physical inspection, building-management records, actual occupancy, maintenance quality, service-charge arrears, title verification and resale evidence.
Rental & Investment Analysis
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
Public property sources associate Urban Village Phase 2 with Urban Living Solutions and Goldfame Group. Urban Living Solutions is described in market listings as a Cambodian-founded development business associated with Goldfame Group. Bricks Property Network has not independently verified the project's corporate ownership structure, contractual development entity, financial backing or the parties' respective legal responsibilities. These details should be confirmed against corporate and project documentation.
Construction & Handover
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. Approved Building Plans: Not independently verified. Environmental Compliance: Not independently verified. Fire and Life-Safety Compliance: Not independently verified. Strata Title Registration: Individual unit status requires verification. Obtain and review relevant permits, approved plans, completion documentation and other applicable approvals with the relevant Cambodian authorities and a qualified property lawyer.
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 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
Research confidence scorecard — rated High, Medium or Low based on available evidence.
Sources & Verification
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.
Pros & Cons
- Completed in 2024 — no construction or delivery risk for buyers
- Large-scale development (1,700 units) with established community and shared amenities
- Meanchey district offers comparatively accessible pricing versus BKK1 or Tonle Bassac
- Hard Title reported — individual unit title verification recommended but ownership framework is established
- Proximity to the Chak Angrae Leu growth corridor and improving road infrastructure
- Public Records Only badge — developer details and title confirmation require independent legal verification
- Meanchey is a secondary location; rental demand and resale liquidity are lower than central districts
- Large unit count creates significant resale competition within the same building
- Construction progress score of 5/5 reflects completion, but management quality and long-term upkeep require monitoring
- Limited information on current occupancy rates and active rental market performance
Who Is This Project Suitable For?
Completed units at accessible price points in a growing suburban district.
Established building with lower entry cost; suitable for buy-and-hold strategies targeting local tenants.
Lower price entry point with completed title framework reduces off-plan risk.
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
Nearby Amenities & Landmarks
- National Road 1 retail and commercial strip
- Chak Angrae Leu market
- Improving road links toward Chbar Ampov and the Koh Norea development corridor
Infrastructure & Connectivity
Road improvements along the National Road 1 corridor are ongoing. The area is primarily suburban residential with growing commercial activity.
Future infrastructure benefits are possible but not guaranteed. Buyers should assess current conditions independently.
Editor's Investment Advice
Urban Village Phase 2 is a completed, large-scale development at an accessible price point in a secondary Phnom Penh location. The completed status removes construction risk, and the Hard Title framework is a positive. However, the Meanchey location limits rental demand and resale liquidity compared with central districts, and the high unit count creates internal competition. Suitable for budget-conscious buyers and long-term hold investors, but not for those seeking premium yields or near-term capital gains.
Budget owner-occupiers and long-term rental investors comfortable with a secondary location.
Weak resale liquidity, lower rental demand versus central Phnom Penh, high internal unit competition, and limited verified developer information.
Confirm individual unit title with a qualified Cambodian lawyer. Verify current occupancy and rental rates. Inspect building management quality and maintenance standards.
Improved transport links or commercial development in Meanchey could strengthen the investment case over time.
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.
Enquire About This Project
Hard Title. Individual unit title status requires independent verification with a qualified Cambodian property lawyer.
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Bricks Consultancy provides commission-free, independent advice for Cambodia property investors and developers.
Learn MoreThis 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.
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