About This Development
City View Residence | 34-Storey Daun Penh Condo
34-storey mixed-use condominium in Daun Penh by Hua Jun Property Development. 480 units from studio to 2-bed (34-80 sqm) plus Sky Palace penthouses. Foreign ownership in Cambodia (strata title) eligible. Completed 2025.
Project Overview
Pricing, yields, and availability are indicative. Confirm current status with the sales team.
City View Residence is a completed 34-storey mixed-use condominium in Srah Chak, Daun Penh. Developed by Hua Jun Property Development, this project offers city-centre positioning with integrated retail and office space, targeting both investors and owner-occupiers seeking urban convenience.
With 480 residential units ranging from compact studios to larger 2-beds plus premium Sky Palace penthouses, and foreign-eligible strata title, City View Residence suits investors seeking central Phnom Penh exposure with mid-tier pricing and proximity to commercial hubs.
Who rents here: Young professionals, expats, couples, small families, and corporate tenants seeking city-centre convenience with mall and park access.
Deal Pack (Verified Docs) – click to view what you’ll receive
- Current availability + pricing (by floor and unit type)
- Payment plan + instalment schedule
- Rental assumptions + Daun Penh comps used
- Floor plans and unit schedule
- Foreign ownership eligibility summary (strata/hard title)
- SPA checklist (what to confirm with your lawyer)
- Within 2-4 hours: Full deal pack sent to your email.
- Within 24 hours: Team follow-up to answer questions.
- No pressure: Take your time reviewing.
Amenities
City View Residence offers a strong amenity set for its price point, including rooftop facilities with city views and integrated retail at the podium level. The mixed-use format provides everyday convenience for residents.
34th Floor – Rooftop Facilities
Building Services
Why Daun Penh?
Daun Penh is Phnom Penh’s central urban core, home to embassies, government buildings, and major commercial hubs. The Srah Chak commune sits within the Boeung Kak / PPCC area, offering strong access to retail, dining, and lifestyle amenities while maintaining proximity to the traditional CBD.
Tenant profile: Young professionals, expats, corporate tenants, couples, small families
Rental demand: Strong due to central location and commercial activity
Key draws: View Park Mall, Eden Garden, embassies, Municipal Central Axis Park
Connectivity: Easy access to CBD, Chroy Changvar, major roads
Location Map
Approximate area map (Srah Chak, Daun Penh). Request the developer pin for the precise site location.
Developer: Hua Jun Property Development
Hua Jun Property Development Co., Ltd is a developer operating in Phnom Penh focused on city-centre residential properties with investment appeal. City View Residence reflects their strategy of combining modern design with flexible ownership structures tailored for both owner-occupiers and investors.
Holding Costs
Annual holding costs for City View Residence should be factored into net yield calculations. Management fees are calculated based on unit area.
See our taxes and fees guide for full breakdown.
Unit Types and Layouts
City View Residence offers a range of unit types from compact studios to larger 2-beds, plus premium Sky Palace penthouses on the upper floors. The building layout includes office floors (6-17) and residential floors (18-33).
| Unit Type | Size | Price Range | Notes |
|---|---|---|---|
| Studio | 34-41 sqm | ~$83,000-95,000 | Floors 18-29, ideal for rentals |
| 1 Bedroom | 40-66 sqm | ~$90,000-110,000 | Various layouts available |
| 2 Bedroom | 52-80 sqm | ~$100,000-130,000 | Family-friendly, higher rental potential |
| Sky Palace | 4-5 Bed | POA | Floors 30-33, premium penthouses |
Pricing indicative – confirm current availability and pricing with our team.
Rental and Yield Potential
City View Residence’s central Daun Penh location and efficient unit sizes may support competitive rental demand. The mixed-use format with integrated retail adds convenience appeal for tenants.
Yield Drivers
Tenant pool includes young professionals, expats, corporate tenants, and small families. Central location near embassies, commercial hubs, and lifestyle amenities supports consistent rental interest.
Indicative Gross Yields
Gross yields in the ~6-8% range are sometimes achievable for well-priced, well-furnished units, depending on occupancy and costs. Net yields are lower after service charge, management, voids, and tax.
Regional Comparison
How does Cambodia compare to other Southeast Asian markets? For yield-focused investors, Cambodia offers compelling fundamentals. See our full comparison guide.
Foreign Ownership in Cambodia
Yes, foreigners can legally own condominiums in Cambodia via strata title. For foreigners, ownership is via strata title (a form of hard title for eligible condo units above ground floor). City View Residence offers strata title units eligible for foreign ownership.
Key points:
- Foreign quota: Up to 70% of building can be foreign-owned
- Ground floor: Reserved for Cambodian nationals
- Title type: Strata title (hard title) – full ownership rights
- Inheritance: Can be passed to heirs
- Resale: Can sell to other foreigners or Cambodians
Who Is This For?
Good Fit
Yield-focused investors seeking city-centre exposure in Phnom Penh. Those wanting integrated retail and amenities for tenant appeal. Buyers seeking mid-tier pricing below ultra-luxury towers. Investors comfortable with mixed-use buildings.
Not Ideal For
Those seeking quiet residential-only environments. Investors focused primarily on ultra-luxury capital appreciation. Buyers wanting larger family units (limited 2-bed+ options). Those requiring established expatriate enclaves like BKK1.
Risk Considerations
Secondary market still developing. Exit may take longer than mature markets. Exit strategy guide →
480 units means competition for tenants within the building. Quality furnishing and competitive pricing important for occupancy.
Office floors and retail may affect residential feel. Consider floor selection carefully for rental appeal.
Boeung Kak area still evolving. Infrastructure and neighbourhood character may change over time.
See our due diligence checklist for what to verify.
Frequently Asked Questions
Can foreigners buy at City View Residence?
Yes. City View Residence offers strata title (hard title) units eligible for foreign ownership. This is full ownership, not leasehold. Up to 70% of the building can be foreign-owned per Cambodia’s 2010 foreign ownership law.
What’s the expected rental yield?
Indicative gross yields of ~6-8% are sometimes achievable based on Daun Penh comparables for well-priced, well-furnished units. Actual yields depend on unit type, floor, furnishing quality, occupancy, and tenant mix. Net yields will be lower after holding costs and management fees. See our rental management guide for more details.
What price should I expect to pay?
Studios start from approximately $83,000 (34-41 sqm), 1-beds from approximately $90,000, and 2-beds from approximately $100,000. Sky Palace penthouses are priced on application. Contact us for the latest pricing and available units.
What payment terms are available?
Typical terms include a small booking deposit (~$3,000), approximately 30% down payment, then instalments may be available over 24-36 months (developer terms apply). Confirm current payment options with our team. See our payment plans guide for what to expect.
Is the building already completed?
Yes. City View Residence is completed and ready for occupancy (Q4 2025, reported). This means no construction risk and you can begin rental programs immediately after purchase.
How do I manage the property remotely?
The project is backed by an international property management team. Alternatively, you can use independent local property managers charging 8-12% of monthly rent. Read our property management guide for what to expect.
What are the annual holding costs?
Expect service charges around $0.60-1.00/sqm/month, plus 0.1% annual property tax on values over $25k. Management fees (if used) add 8-12% of rent. For a 40sqm studio, total holding costs are approximately $400-600/year excluding management. See our taxes and fees guide for full breakdown.
How do I exit or sell my investment?
You can sell to other foreigners or Cambodian nationals. The resale market is developing but less liquid than mature markets. Central location and hard title should support resale appeal. See our exit strategy guide for liquidity factors and pricing considerations.
Who are the typical tenants?
Young professionals, expats, corporate tenants, couples, and small families seeking city-centre convenience. The nearby View Park Mall and proximity to embassies and commercial hubs attract a professional tenant demographic.
What floor should I choose for best investment?
Mid-to-high floors (20+) typically offer better views and rental appeal. Avoid very low floors with limited views. Higher floors command premium rents but also higher purchase prices. Consider the balance between entry cost and rental potential.
Exit Strategy Options
Investor Essentials (Foreign Buyers)
Explore Similar Projects
Important Disclaimers
- Prices: Indicative and subject to change.
- Yields: Gross estimates (indicative). Net lower after costs and voids.
- Foreign ownership: Per 2010 law, subject to quota.
- Due diligence: Independent advice recommended.
Last updated: January 2026. Subject to change.
Ready to Invest in City View Residence?
Get current availability, pricing, and rental comparables for this city-centre Daun Penh condo. Foreign ownership eligible via strata title.
Development Details
| Developer | Hua Jun Property Development Co. |
| Property Type | Apartment |
| Location | Phnom Penh |
| Total Units | 480 |
| Price Range | $83,000 - $117,000 |
| Expected Completion | Q4 2025 |
| Current Status | Completed |
| Posted Date | November 23, 2025 |
| Development ID | #240 |