Vue Aston
Developer VerifiedCompletedTitle Unverified

Vue Aston

Koh Norea, Nirouth, Chbar Ampov, Phnom Penh

Developer
The Peninsula Capital Co., Ltd.
Type
Residential Condominium / Mixed-Use
Total Units
895
Completion
2025
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About This Project

Vue Aston is a high-rise riverside condominium development located on Koh Norea in Nirouth, Chbar Ampov, Phnom Penh. Developed by The Peninsula Capital Co., Ltd., the project was designed by HKS Architects and features views of the surrounding river landscape and Phnom Penh skyline. The 38-storey development incorporates residential accommodation alongside lifestyle and hospitality facilities. Advertised amenities include an infinity swimming pool, gym, gardens, social and meeting spaces, dining facilities and a sky bar. The Ascott Limited is associated with the development's hospitality offering, including Citadines Vue Aston Phnom Penh. Vue Aston benefits from its position near the Koh Norea–Koh Pich bridge, which connects the area with Diamond Island and provides access towards central Phnom Penh. Koh Norea remains an emerging urban district, and future investment performance will depend on the area's continuing development, transport connectivity, resident population and rental demand. The project offers a riverside alternative to established central districts such as BKK1. However, its location, facilities and architectural positioning should not be treated as proof of superior rental returns or future capital appreciation.

Key Highlights

  • Riverside condominium development on Koh Norea
  • 38-storey tower designed by HKS Architects (with interior design by Golden Mantis)
  • Infinity pool, fitness facilities, gardens and lifestyle amenities
  • Access to Koh Pich via the Koh Norea–Koh Pich bridge
  • Associated serviced-apartment offering under the Citadines brand
  • Residential unit options from studios through larger multi-bedroom layouts
  • Developer and resale remaining inventory available

Unit Types & Inventory

Unit TypeSize (sqm)Price FromPrice To
Studio~25 to 46USD 57,000USD 79,900
1 Bedroom~44 to 60USD 79,500USD 107,000
2 Bedrooms~91 to 115USD 139,900USD 203,900
3 Bedrooms & Larger~92 to 190+USD 172,000USD 915,000

Indicative advertised starting price — not a verified developer price list

Pricing & Acquisition Cost

Indicative Price Range
From approx. US$57,000 — US$915,000+
Indicative advertised starting price — not a verified developer price list
Estimated Rental Yield
7.5%–9.8% 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

Vue Aston is positioned as a riverside residential development with access to lifestyle facilities and the wider Koh Norea–Koh Pich area. Its rental prospects may appeal to some professionals, expatriates and residents seeking modern condominium accommodation outside the established central business districts. Koh Norea is an emerging district; its long-term rental depth and resale liquidity should not be assumed to match established central locations. Asking prices and rental listings are not equivalent to completed transactions. Individual title issuance, registration and encumbrances must be verified. Unit handover, defects, management charges and the condition of common facilities should be checked before purchase. Buyers should compare the full acquisition cost and realistic net income against alternative condominiums in Phnom Penh.

Rental & Investment Analysis

Est. Gross Yield
7.5%–9.8% per year
Total Units
895
Completion
2025
Price From
USD 57,000
Price To
USD 915,000
Management Fee
Approx. US$1.63/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

The developer is identified on the project's official website as The Peninsula Capital Co., Ltd. The project website identifies HKS Architects as the architectural designer and The Ascott Limited as a hospitality partner. This profile does not independently establish the developer's current financial position, full development track record, outstanding liabilities or ability to meet every contractual obligation. Buyers should review the developer's legal identity, relevant permits, sale documentation, handover obligations and any applicable warranties before committing to a purchase.

Construction & Handover

Status
Completed
Target Completion
2025
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. Environmental Impact Assessment (EIA): Not independently verified. Other required approvals: Not independently verified by Bricks Property Network.

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$1.63/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
High
Construction Progress
High
Rental Demand
Medium
Resale Prospects
Medium
Overall Confidence
Medium

Sources & Verification

Developer Verified

Project details have been confirmed directly with the developer or their authorised representative.

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
Developer Verified

Pros & Cons

Advantages
  • Completed in 2025 — no construction or delivery risk
  • Citadines/Ascott partnership adds international hospitality brand credibility
  • HKS Architects — internationally recognised architectural firm
  • Developer Verified badge — information confirmed with the developer
  • Koh Norea is an emerging development corridor with long-term growth potential
  • 895 units with a range of configurations
Disadvantages
  • Title status Unverified — individual unit title requires independent legal verification
  • Title security rated 2/5 — a significant concern for buyers
  • Koh Norea is an emerging area; current rental demand and resale liquidity are limited
  • Management fee requires verification — ongoing cost is unconfirmed
  • Unit count discrepancy (895 vs developer-stated 857) noted — requires clarification
  • Chbar Ampov / Nirouth location is further from central Phnom Penh than most competing projects

Who Is This Project Suitable For?

May Be Suitable For
Long-term capital appreciation investors

Koh Norea's development trajectory may deliver value over a 5–10 year horizon.

Buyers attracted to branded hospitality management

Citadines/Ascott partnership offers professional management credentials.

May Not Be Suitable For
Buyers requiring confirmed title: Title security is rated 2/5 — the lowest in this review. Legal verification is essential.
Short-term rental income investors: Koh Norea's current rental market is limited; near-term yields are uncertain.
Buyers needing confirmed management costs: Management fee requires verification before financial modelling.

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
Koh Norea, Nirouth, Chbar Ampov District
Main Road
Nirouth road network; access via Chbar Ampov bridge
Distance to City Centre
Approximately 8–12 km from central Phnom Penh

Nearby Amenities & Landmarks

  • Koh Norea master-planned development zone
  • Chbar Ampov commercial strip
  • Improving road links toward Phnom Penh's southern districts

Infrastructure & Connectivity

Koh Norea is a planned development area. Infrastructure is being developed progressively. Current amenity access is more limited than established districts.

Future development of Koh Norea is planned but not guaranteed. Buyers should assess current conditions and not rely on speculative future benefits.

Editor's Investment Advice

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

Vue Aston is a completed, branded development in the emerging Koh Norea corridor. The Citadines/Ascott partnership and HKS architectural credentials are genuine positives. However, the very low title security score (2/5) is a serious concern that must be resolved through independent legal due diligence before any commitment. The emerging location limits near-term rental demand. Suitable only for long-term investors who are comfortable with the title risk and the area's development timeline.

Most Suitable Buyer

Long-term capital appreciation investors comfortable with an emerging location and title verification requirements.

Principal Risks

Very low title security (2/5), limited current rental demand, unconfirmed management fee, and emerging-area liquidity risk.

Key Checks Before Purchase

Verify individual unit title with a Cambodian lawyer as a priority. Confirm management fee and Citadines/Ascott operational arrangements. Research current rental market in Koh Norea.

When This May Change

Confirmed title documentation and improved Koh Norea infrastructure and rental demand would materially strengthen the investment case.

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.

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Indicative advertised starting price — not a verified developer price list
From approx. US$57,000 — US$915,000+
Est. Rental Yield7.5%–9.8% 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.