Phnom Penh’s condo landscape has undergone one of its biggest shifts in recent years. For more than a decade, Cambodia’s condominium market was dominated by off-plan projects, where buyers purchased units years before completion – often with uncertainty, construction delays, or last minute changes. But as we approach the end of 2025 and move into 2026, the city is entering a new phase: the rise of completed, fully built, ready to move in condominiums.
This shift is significant. For the first time, buyers can:
- Walk through actual units instead of relying on brochures
- See the finished quality of construction and facilities
- Move in immediately or begin renting out for returns
- Avoid the risks of off plan delays or unfulfilled promises
From the premium central district of BKK1, to the fast developing new islands of Koh Pich and Koh Norea, completed condos across Phnom Penh now offer a surprising range of lifestyle and investment options – from modern studios under $100k to large river-view apartments and penthouses for families.
Highlighted Completed or Soon-Delivering Condos (2025–2026)
1. Time Square 306 (BKK1)
View more details, pricing, and availability here:
Times Square 306: New Development Condo Project for sale in Phnom Penh – BKK1
2. Le Condé BKK1 (BKK1)
Project Overview & Details
- Developer/Location: Developed by Wangfu International Real Estate Development Co., Ltd.; located on Street 352 in BKK1 – one of the most desirable districts in Phnom Penh.
- Building & Units: 43 floors, with a large total of 1,080 units (studio up to penthouse).
- Unit Types, Sizes & Price Range: Studios (37.8–42 m²) – from around US$120,000, 1-Bedroom (50–65 m²), 2-Bedroom (72–91 m²) – Starts at US$240,000, 3-Bedroom/larger units: there are larger 3-bedroom/penthouse units (around 166–187 m²).
- Amenities & Features: Le Condé BKK1 offers an extensive suite of amenities – over 10,000 m² of facilities. These include an infinity pool, sky bar, gym, sky garden, concierge/room-service, secure parking, possibly smart home capability.
- Construction & Handover: The project’s structural topping out was completed in late 2023, and it’s now completed with handover beginning in early 2025.
Why It’s a Standout
- Among the few large-scale, high-density luxury condo towers in BKK1 – giving variety (studio to penthouse) and flexibility depending on your budget or needs.
- Backed by a reputable developer and an experienced Japanese property-management company (which suggests better maintenance and long-term building quality).
- Its central location offers unmatched convenience: access to embassies, offices, international schools, nightlife, malls, restaurants, and more – ideal for expatriates, professionals, or locals seeking convenient city living.
- For investors: because of its scale and diversity in unit types, you can target various rental demographics – singles, couples, small families, expatriates – increasing flexibility in rental or resale strategies.
View more details, pricing, aned availability here:
3. Vue Aston (Koh Norea / Chbar Ampov, Riverside)
Project Overview & Details
- Developer/Location: Developed by The Peninsula Capital Co., Ltd. Located on Phum Koh Norea, Sangkat Nirouth, Khan Chbar Ampov – on Norea Island, by the riverside (confluence of Mekong & Bassac rivers).
- Building & Units: 38 floors, 895 units – includes a mix of studio, 1–4 bedrooms, and penthouse/duplex options.
- Unit Sizes & Price: Floor area ranges from as small as 27 m² up to 167 m² (depending on unit type). Price listings for entry-level units start around US$72,000.
- Design & Architecture: Building designed by internationally acclaimed firm HKS Architects. The structure – often described in marketing as L-shaped – is oriented such that many units enjoy wide river/bay views, many units reportedly feature floor to ceiling windows, enabling panoramic river vistas (up to 270° angles) from living rooms/bedrooms.
- Amenities & Lifestyle Features: Vue Aston offers a comprehensive set of amenities: double lobbies, infinity pool, gym, 24 hour front desk, spa & sauna, sky bar, restaurants & cafes, shared office/business lounge, V club/social lounge, kids’ facilities, parking, concierge & housekeeping – supporting both residential living and serviced-apartment style convenience.
- Investment/Rental Appeal: The project highlights potential rental yields: marketed with a Guaranteed Rental Return (GRR) 7% per year for some units, and generally estimated annual yields from 5% to 9%. Completion is recorded for 2025.
Why Vue Aston Is Compelling
- For people wanting a riverside lifestyle – less hustle than central Phnom Penh but with beautiful water views, modern amenities, and strong potential for appreciation as Norea/Koh Norea area develops further.
- For investors or rental oriented buyers: the condo offers flexibility – small studios (more affordable) to larger apartments/penthouses (for families or long term tenants), giving broad potential tenant base (singles, couples, families, expatriates).
- The design and amenity suite aim to match “luxury condo + serviced apartment/hotel-style service,” increasing attractiveness to both renters and owners who want comfort + convenience.
- With completion in 2025, buyers don’t carry the risk of delayed delivery and can expect to move in or rent out soon.
View more details, prcing, and availability here:
4. Diamond Bay Garden (Koh Pich / Diamond Island, Riverside Waterfront)
