Condominiums are an increasingly popular choice for those seeking a modern and comfortable lifestyle. The capital of Cambodia, Phnom Penh is now seen as a target city for those looking for overseas investments, and an ever increasing number of expats is moving into the city due to its low cost of living and great investment opportunities.
Phnom Penh as one of Asia’s newer residential market is consequently seeing a rise in condominium developments, switching the trend of constructing low-end buildings to high end buildings, skyscrapers, and commercial building centers in the heart of city.
Currently, there are several up and coming condo development projects inside the capital which are already available for customers to purchase.
Only in Q3 of 2016, there was a total of approximately 74 ongoing condominium projects with 30,130 units in the city of Phnom Penh (CBRE Cambodia report.). That’s an 8.3% increase from the previous quarter. The upcoming developments will add 22,366 units more, raising to a total supply by 842% by the end of 2018. As per CBRE Cambodia also explains that the majority of planned condominium projects can be classified as ‘mid-range’ or ‘high-end.
But with such a wide range of condos, how can one choose which one to invest in? To make your life easier, realestate.com.kh has selcted the top developments of the city.
One Park condominium
What is the special feature of One Park Condominium?
One Park is designed by GRED’s in cooperation with the renowned architectural design company DPA Singapore. It has a western design that utilizes wide boardwalks around retail outlets, bars, cafes and restaurants along the complex. The center area serves as an internal plaza boulevard which cuts between the twin residential sections.
Where is One Park Condominium Located?
One Park Condominium will cover 7.9 hectares of land area and will be situated at the very heart of the Phnom Penh CBD. It will be inside the newly-developed Phnom Penh City Center area, adjacent to the ministerial and financial hub along Confederation de la Russie or Russian Boulevard.
How much is a unit at One Park Condominium?
Units at the One Park have a starting price of $170,000, with fully furnished options available.
Learn more about One Park project!
Axis Residences
What is the special feature of Axis Residences?
This project is developed by SPRING CJW Development Pte Ltd together with a team of Singaporean Consultants. Resident can enjoy services like a solar PV system, the 6-storey basement car park that has 566 vehicle slots, a 3-tier foolproof security system, indoor and outdoor gyms, multi-purpose rooms for meetings and self-study, commercial units, a restaurant, a BBQ area, a children’s playroom, a garden, a 50-meter swimming pool and various sports facilities at the place.
Where is Axis Residences located?
It is located along Street Doung Ngeap number III and Street 2004 -- close to the Phnom Penh International Airport.
How much is a unit at Axis Residences?
Units at the Axis Residences project starts at $100,000.
Learn more about Axis Residences project!
The Gateway Cambodia
What is the special feature of The Gateway?
The Gateway is developed by TACC (C.R) Ldt,. It will be a mixed-use development with residential, commercial, and office units. This development comprises of a 36-storey office tower with 299 strata-titled office units, a 39-storey residential block with 572 units, and a two storey retail plaza/podium with prime retail outlets. All services include like: Swimming pool, fitness centre, BBQ area, car park and others more are in the place.
Where is the The Gateway located?
The project is located along Russian Blvd, between Phnom Penh International Airport and the business district of Phnom Penh. It is also next to Parkson Mall and very close to the Prime Minister’s office, financial institutions, embassies, medical centers, national and international schools, and other establishments.
How much is a unit at Axis Residences?
Basic units at The Gateway start from $150,000.
Learn more about The Gateway project!
East One Apartment
What is the special feature of East One Apartment?
East One project is a high-rise 23-storey building by the Guangzhou Yuetai Group Co., Ltd. The complex includes full service hotel-style amenities with rooftop swimming pool, café, car parking and full concierge service. Commercial establishments are only a short minute walk away such as banks, supermarkets, KFC, Brown Coffee, all major airline offices, clubs and bars can also be found along Phnom Penh’s famous Street 51.
Where is the East One Apartment located?
East One Apartment is strategically located at the corner of Street 214 and Street 51, between Independence Monument, the Royal Palace, the National Museum, and Central Market. It’s a prime location that’s near international embassies, government ministries, and the Central Business District.
East One Apartment is strategically located at the corner of Street 214 and Street 51, between Independence Monument, the Royal Palace, the National Museum, and Central Market. It’s a prime location that’s near international embassies, government ministries, and the Central Business District.
How much is a unit at East One Apartment?
Units in this project start from $90,000.
Learn more about East One Apartment!
88 Suites
What is the special feature of 88 Suites?
88 Suites is the first small office home office (SoHo) in Cambodia. 88 Suite offers its residents privacy and convenience. It has amenities like a swimming pool, a sky gym, a sky lounge, meeting rooms, a conference hall, and business center. It is also has a 4 tier, foolproof security system.
Where is 88 Suites located?
This new development is in BKK1, Chamkarmon. It’s along Mao Tse Toung Boulevard and close to Preah Norodom Boulevard.
How much is a unit at 88 Suites?
The starting price for a unit at the 88 Suites project is $100,000.
Check out for more about 88 Suites project!
HABITAT Condo
What is the special feature of Habitat Condo?
Habitat Condo is a new project in phnom Penh that consists of only 13 units. The units were designed to provide maximum privacy and a stylish form of living. Residents will enjoy amenities like a 10m x 4m rooftop pool, a fully-equipped gymnasium, a BBQ area, and an entertainment area on the upper rooftop. Habitat Condo also has an Intelligent Automated Car Park system that promises to save you time and space. It offers a highly secured and private car park for residents.
Where is the Habitat Condo located?
The Habitat Condo stands behind Sothearos Boulevard in Tonle Bassac, along Mao Tse Tung Boulevard. It’s next to BKK1, at the heart of Phnom Penh city -- on a cosmopolitan area. It’s near universities, schools, bars, restaurants, financial institutions and other establishments.
How much is a unit at Habitat Condo?
The starting price for units at the Habitat condo is $235,000.
Learn more about the Habitat Condo!
The Edge
What is the special feature of The Edge?
The Edge project will include a new concept called Retail Office Versatile Office (ROVO). Shukaku Inc partnered up with GRED to bring the new trend of living and doing business for young people in Cambodia. ROVO units are designed with flexibility in mind, providing space for businesses to be set up according to their preferences. A café, a restaurant, a start-up office, a bank, a boutique hotel, a meeting room or even a music studio. The options are limitless.
Where is The Edge located?
This mixed-use development is located at the heart the Phnom Penh City Center which is Cambodia’s first planned city project and Phnom Penh’s future Central Business District. This area also has lots of amenities, including shopping malls, a night market, F&B outlets, a school, government institutions, and many more.
Check out more about The Edge project!
TK Royal One
What is the special feature of TK Royal One?
TK Royal One aims to provide luxury, security, and privacy. It’s a mixed-use development. The concept of the project will include 4 stories of office units, 14 stories of residential units, 4 stories of car parking, and common facilities like a swimming pool, a fitness room, and a sky lounge.
Where is TK Royal One located?
TK Royal One is located in the heart of Phnom Penh city, along the Russian Blvd in front of the Royal University of Phnom Penh. This is a prime location because it is surrounded by various amenities such as retail commercial, government body, financial institutions, local and international schools, and hospitals. More importantly it will be only 5 minute away to Phnom Penh National Airport.
How much is a unit at the TK Royal One?
Price starts from $194,000. There are 3 types of units that range from one to three bedrooms.
Learn more about TK Royal One Project!
The Peak Residences
What is the special feature of The Peak?
The Peak will have three buildings with two towers reserved for residential uses. The third tower will utilize the top 20-storeys for residential use and leave the remaining units for office space. This project is by Singapore’s Oxley International and Cambodia’s Worldbridge Land.
Where is The Peak located?
The Peak is located at Sangkat Tonle Bassac, Khan Chamkarmon, Phnom Penh. It’s close to Nagaworld 1 and the upcoming Nagaworld 2, AEON Mall, and Business Convention Centres on Koh Pich.
How much is a unit at The Peak Residences?
The Peak units have a starting price of $79,000.
Check out more about The Peak!
East View Residence
What is the special feature of East View Residence?
The East View is a modern development that combines classic and modern Khmer architecture. It is a mixed-use building complex for both commercial and residential purposes. The project will include four 38-floor residential complexes and a total of 736 units. The project is designed to offer a peaceful and relaxing space. Residents are also guaranteed highest level security along with amenities that include a restaurant, a fully equipped gymnasium, shopping at your doorstep, and international standard business center.
Where is the location of East View Residence?
East View is located along Norodom Boulevard, near international consulates and the busy commercial area. It has a very convenient economy and transportation network. It’s just minutes away from the Independence Monument, Aeon Shopping Mall, and various amenities.
What price is available?
East View is still available with units that start from $70,000.
Check out more about East View Residence project!
The number investment options in Phnom Penh are numerous and of different budgets. If you are serious about investing in real estate, find out about your legal rights today.
Learn more about all the Condo project in Phnom Penh!
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