Picasso Sky Gemme VS La Vista One SHOWDOWN: Which $160K+ Phnom Penh Condo Makes You 8% Returns TODAY?
👉 Why Waiting Might Cost You More Than You Think: Picasso Sky Gemme vs. La Vista One Compared in Plain Numbers. Analysis paralysis is expensive. Let’s break it down and help you decide if now is your moment.
Stuck between Picasso Sky Gemme BKK1, Phnom Penh VS La Vista One Phnom Penh? You’re not alone. One sits in the prime BKK1 area with Picasso-inspired design, the other offers river views in Chroy Changvar. We break down exactly what you get with each property in cold, hard facts.
Key Takeaways About Picasso Sky Gemme BKK1, Phnom Penh VS La Vista One Phnom Penh
- Ready Now vs Future Promise: La Vista One is ready now (completed December 2024) with instant income. Picasso Sky Gemme finishes in 2028 with staged payments but higher long-term value in BKK1.
- Location Battle: BKK1 (Picasso Sky Gemme) has stable 6-8% rental yields as Phnom Penh’s top luxury spot. Chroy Changvar (La Vista One) grows faster (5-8% yearly) thanks to new bridges and building.
- Money Matters: La Vista One costs from $130,000 (studio) to $1 million (flat villa). Picasso Sky Gemme starts at $174,735. Both offer rental income plans: La Vista gives 6-8% for three years on some units; Picasso promises 7% for two years on select floors.
- Brand Power: Only Picasso Sky Gemme has the real Picasso family stamp and art design. La Vista One wins with amazing river views where the Mekong and Tonle Sap Rivers meet.
- Risk vs Reward: La Vista One means lower risk and income right now. Picasso Sky Gemme might grow more in value but carries building time risks.
Phnom Penh, Cambodia: A City on the Rise
Cambodia’s growth stays strong with 6.1% expected in 2025 and 6.5% in 2026. The country has bounced back well after the world slowed down. This matters when picking between Picasso Sky Gemme VS La Vista One Phnom Penh.
New building projects change how people see different parts of town. The soon-to-open Techo International Airport (July 2025), new ports, highways, and bridges make some areas grow faster than others.
The condo market has changed too. After prices dropped from 2019, things are now stable. With about 30,000 luxury units in 2024 and plans for 80,000 by late 2025, buyers can find good deals.
Picasso Sky Gemme Phnom Penh – The Art Tower That Sells Faster Than iPhones
Property Status: Ready Now or Worth the Wait?
When comparing Picasso Sky Gemme BKK1, Phnom Penh VS La Vista One Phnom Penh, timing makes a big difference.
La Vista One Status:
- Fully built and done (handed over in December 2024)
- Move in right away
- Start earning rent money now
- No worries about building problems
- See the real thing, not just plans
Picasso Sky Gemme Status:
- Set to finish in 2028
- Pay in stages (30% down, 60% over 48 months, 10% at the end)
- Chance to buy at today’s prices
- Might grow more in value while being built
- Need to wait for your place
For people who want income right now, La Vista One wins this round. You know what you get, and you can start making money from day one. If you want the highest possible growth and can wait, Picasso Sky Gemme might pay off more later.
Location Face-Off: BKK1 vs Chroy Changvar
The battle between Picasso Sky Gemme VS La Vista One Phnom Penh comes down to location first.
BKK1 (Picasso Sky Gemme):
- The “#1 Prime Location” in Phnom Penh
- Close to Independence Monument, Olympic Stadium, Riverside, and Royal Palace
- Near AEON Mall and top shops
- Well-known luxury area with steady high prices
- Rental yields: 6-8% (more stable during market drops)
Chroy Changvar (La Vista One):
- At the meeting point of two rivers (Mekong and Tonle Sap)
- Growing area with major new roads and bridges
- Near Sokha Hotel and Sunrise Japan Hospital
- Close to Morodok Techo National Stadium and Garden City Water Park
- Property values growing faster: 5-8% yearly (vs 3-5% in BKK1)
BKK1 is like buying in a safe, proven area. Chroy Changvar is betting on a fast-growing part of town where your money might grow more thanks to new bridges and roads.
Condos for sale in Phnom Penh [Find Your Dream Condo in Phnom Penh with DaBest Properties Cambodia]
Building Specs: Tale of Two Towers
Let’s compare what each building offers in the Picasso Sky Gemme BKK1, Phnom Penh VS La Vista One Phnom Penh match.
Picasso Sky Gemme:
- 52 floors, 180 meters tall
- About 276 units (more private)
- 1-4 bedroom options plus penthouses
- Each floor based on different Picasso art periods
- Corner of streets 57 and 282 in BKK1
La Vista One:
- Twin 41-floor towers, 140 meters high
- 1,442 units total (bigger community)
- Studio to 3-bedroom units plus flat villas
- Built by CRCC with CBRE advice
- Run by Greentown Service (well-known manager)
Picasso Sky Gemme gives you more height and fewer neighbors. La Vista One offers proven builders and managers with a bigger mix of people.
The Fast Track to Passive Income: Guaranteed Rental Return (GRR) in Cambodia Real Estate Market
Price Points: What You Pay and What You Get
Money talks in the Picasso Sky Gemme VS La Vista One Phnom Penh comparison.
Picasso Sky Gemme Price Range:
| Unit Type | Size Range | Starting Price | Price per sqm |
|---|---|---|---|
| 1-Bedroom | 49-61 sqm | $174,735+ | $3,566/sqm |
| 2-Bedroom | 72-92 sqm | Contact agent | Contact agent |
| 3-Bedroom | 131-158 sqm | Contact agent | Contact agent |
La Vista One Price Range:
| Unit Type | Size Range | Price Range | Price per sqm |
|---|---|---|---|
| Studio | 48-63 sqm | $130,000-$150,000 | $2,380-$2,708/sqm |
| 1-Bedroom | 60-75 sqm | $160,000-$190,000 | $2,533-$2,667/sqm |
| 2-Bedroom | 83-104 sqm | $180,000-$230,000 | $2,169-$2,211/sqm |
| 3-Bedroom | 127 sqm | $300,000-$350,000 | $2,362-$2,756/sqm |
| Flat Villa | 261 sqm | $800,000-$1,000,000 | $3,065-$3,831/sqm |
La Vista One gives you more options at lower starting prices. Picasso Sky Gemme costs more per square meter but comes with the top BKK1 location.
Payment Terms: Flexibility Matters
How you pay makes a big difference when choosing between Picasso Sky Gemme BKK1, Phnom Penh VS La Vista One Phnom Penh.
Picasso Sky Gemme Payment Plan:
- $2,000 booking fee
- 30% down payment
- 60% spread over 48 months (about $2,184/month for a 1-bedroom)
- Final 10% when building finishes
- Good if you want to spread payments out
La Vista One Payment Options:
- $1,000 booking fee
- 30% down (within 10 days)
- Rest over 18 months (foreign buyers) or 36 months (local) with no interest
- Or get bank financing from Heng Feng Bank (up to 20 years at 9.88%)
- Pay all at once and start making rent money right away
Picasso Sky Gemme gives you more time to pay while the building goes up. La Vista One needs money faster but lets you get bank help if needed.
Investment Returns: Show Me The Money
Both places offer good ways to make money in the Picasso Sky Gemme VS La Vista One Phnom Penh face-off.
Guaranteed Rental Income:
- Picasso Sky Gemme: 7% for 2 years (only on floors 21F-23F and 31F-33F)
- La Vista One: 6-8% for 3 years on certain units
Expected Rental Yield After Guarantee Period:
- Picasso Sky Gemme (BKK1): 6-8% (higher end of market)
- La Vista One (Chroy Changvar): 5-7% (growing area)
- Phnom Penh Average: 5-6.5%
Value Growth Forecast (2025-2030):
- BKK1 (Picasso): 3-5% yearly growth, steady and safe
- Chroy Changvar (La Vista): 5-8% yearly growth, faster but less proven
Management Costs:
- Picasso Sky Gemme: $2/sqm per month plus 10% sinking fund
- La Vista One: Included during the guaranteed rental period
La Vista One offers longer guaranteed income (3 years vs 2) and lower entry cost. Picasso Sky Gemme might grow more in the long run thanks to its prime spot.
Design and Amenities: Living the High Life
What you get day-to-day differs in the Picasso Sky Gemme VS La Vista One Phnom Penh match.
Picasso Sky Gemme Standout Features:
- Only building with real Picasso family backing
- Eight floors just for fun stuff
- Skyline infinity pool with city views
- Sky yoga studio for exercise
- Indoor golf driving range for golf fans
- Co-working lounge for people who work from home
- Gemme spa for relaxing
- Each floor shows a different Picasso art style
- 3.3-3.6m high ceilings (taller than normal)
La Vista One Standout Features:
- Amazing 360° views where two rivers meet
- Sky bar Phnom Penh to enjoy the view
- Infinity swimming pool looking over water
- Executive lounge for business
- Panoramic gym center with river views
- Sky garden for outdoor time
- Kids playground for families
- ART DECO design style
- 5,000+ square meters of shops and stuff to do
Picasso Sky Gemme wins on brand name and art style. La Vista One offers better views and more total space for fun stuff.
Real World Results: Case Study
Let’s see how similar places have done to help compare Picasso Sky Gemme BKK1, Phnom Penh VS La Vista One Phnom Penh.
A Singapore buyer got a 1-bedroom in a fancy BKK1 building in 2019 for $165,000 and a 2-bedroom in Chroy Changvar in 2022 for $185,000.
BKK1 Property Results (Like Picasso Sky Gemme):
- Rent went from $900 to $650 during tough times, back to $850 now
- Average yearly return: 3.6%
- Value grew 7.9% over 6 years (just 1.3% per year)
- Total 6-year return: 29.5% (4.9% yearly)
Chroy Changvar Results (Like La Vista One):
- Rent started at $750, now $900
- Average yearly return: 3.5%
- Value grew 15.1% over 3 years (5.0% per year)
- Total 3-year return: 25.7% (8.6% yearly)
Even though BKK1 is the fancy area, Chroy Changvar grew faster in value thanks to new bridges and roads. This shows La Vista One might grow more in price, while Picasso Sky Gemme might be more stable.
Who Should Buy What: Matching Buyers to Buildings
Different people need different things in the Picasso Sky Gemme VS La Vista One Phnom Penh choice.
Best for La Vista One:
- People who want income right now
- First-time buyers with lower budgets (starting at $130,000)
- Those who worry about building risks
- Buyers who love water views
- People who want to check out their place before buying
Best for Picasso Sky Gemme:
- Long-term investors (5+ years)
- Art lovers who value the Picasso name
- Those who want the top BKK1 address
- Buyers who prefer smaller, more private buildings
- People who like to spread out payments over time
The Balanced Approach: Why Not Both?
For people with enough money, getting both Picasso Sky Gemme BKK1, Phnom Penh VS La Vista One Phnom Penh makes sense.
Why This Works:
- Get income now from La Vista One while waiting for Picasso to finish
- Spread risk across two different parts of town
- Mix safe BKK1 growth with faster Chroy Changvar growth
- Have both a river view and a city center place
- Start with a 1-bedroom in each (~$350,000 total) for best mix
This plan gives you the best of both worlds: current income plus future growth, river views plus city center, and safety spread across two spots.
Cambodia’s 2025 Property Tax Incentives: Save up to $8,400 on Your Next Home Purchase
Owning Property in Cambodia: What Foreign Buyers Need to Know
When picking between Picasso Sky Gemme VS La Vista One Phnom Penh, know the rules first.
Key Facts for Foreign Buyers:
- Foreigners can own units above the first floor (both buildings qualify)
- You get strata/freehold title (safe ownership)
- Both buildings have strong titles good for resale
- No foreign land ownership (condos only)
- New 2025 tax rules give breaks to certain buyers
Check out the guide to foreign property ownership in Cambodia for full details.
Future Outlook: Where Phnom Penh Is Headed
The city keeps changing, which affects the Picasso Sky Gemme BKK1, Phnom Penh VS La Vista One Phnom Penh battle.
Big Changes Coming:
- Techo International Airport opens July 2025
- Cambodia-Korea Friendship Bridge will make Chroy Changvar more connected
- BKK1 stays limited on land, keeping prices high
- Smart tech and green features will matter more
- Shift toward better building managers and services
By 2030, the gap between BKK1 and Chroy Changvar may shrink as the whole city grows more connected.
The Final Decision: Picasso Sky Gemme VS La Vista One Phnom Penh
After all this info, which wins the Picasso Sky Gemme BKK1, Phnom Penh VS La Vista One Phnom Penh battle?
Choose La Vista One if:
- You want income starting now
- You can visit and check the building first
- River views matter most to you
- You like a bigger community
- You need a lower starting price
Choose Picasso Sky Gemme if:
- You can wait until 2028
- You want the best possible address
- The Picasso name and art matter to you
- You prefer a smaller, more private building
- You want to spread payments out over 4 years
Or take the expert approach: Start with La Vista One now for income, and add Picasso Sky Gemme to your plan for long-term growth.
Steps to Move Forward Today
Ready to act on Picasso Sky Gemme BKK1, Phnom Penh VS La Vista One Phnom Penh? Here’s what to do:
- Book a viewing of La Vista One (it’s ready now)
- Check floor plans for both buildings
- Run the numbers based on your budget
- Look into the guaranteed rental return programs
- Talk to owners of similar units (if possible)
- Contact our team for current offers
Don’t wait too long – prices at La Vista One may rise as more units sell, and early Picasso Sky Gemme buyers get the best floor choices.
Helpful Resources:
Want to learn more about Cambodia property? Check these links:
- Cambodia’s 2025 Property Tax Incentives
- Condos for Sale in Phnom Penh
- DaBest Properties YouTube Channel
Our team has helped hundreds of buyers make smart choices in Cambodia’s growing market.
