About This Development
Morgan EnMaison Smart Loft | 47-70 Storey Chroy Changvar Condo
Loft-style riverside condos with 4.6m double-height ceilings in Chroy Changvar by Morgan Group. 55-173sqm units from studios to 3-bed penthouses. Foreign ownership eligible under strata title. This is a completed project (resale availability) included in our off-plan hub for comparison.
Morgan EnMaison Smart Loft Condo for Sale in Chroy Changvar, Phnom Penh
Pricing, yields, and availability are indicative until confirmed in the latest developer pack.
Morgan EnMaison Smart Loft is a completed large-scale riverside development in Chroy Changvar. Developed by Morgan Group, this project offers a unique proposition: loft-style units with 4.6-metre double-height ceilings that effectively double usable living space. At ~$1,450-1,500/sqm, entry prices sit significantly below prime BKK1 and Tonle Bassac alternatives, while the completed status removes construction risk entirely.
Who rents here: Young professionals, expats seeking river views and modern amenities, long-term tenants attracted to the unique loft layouts and lower rents compared to central Phnom Penh.
Deal Pack (Verified Docs) – click to view what you’ll receive
- Current price list + availability (by tower, stack and floor)
- Payment plan options (30% deposit, interest-free terms)
- Rental assumptions + comps used
- Floor plans and unit schedule (Smart Loft + Smart Loft MAX layouts)
- Foreign ownership eligibility summary (strata title)
- SPA checklist (what to confirm with your lawyer)
- Typically same day: Full deal pack sent to your email (business hours).
- Within 24 hours: Team follow-up to answer questions.
- No pressure: Take your time reviewing.
Amenities
Morgan EnMaison Smart Loft offers resort-grade facilities across its completed towers, designed as a self-contained riverside community. Amenities listed below are as reported by the developer – confirm availability and current status in writing.
Sky-Level Amenities
Riverside & Recreation
Building Services
Why Chroy Changvar?
Chroy Changvar is one of Phnom Penh’s fastest-developing districts, situated on the peninsula between the Mekong and Tonle Sap rivers. Once a quieter suburban area, it has transformed into a corridor of modern condos and mixed-use developments, benefiting from new infrastructure and its positioning as a growth zone for the capital.
Tenant profile: Young professionals, expat families, long-term renters seeking value
Rental demand: Growing – lower rents than central PP attract budget-conscious tenants
Key draws: Riverside location, fresh air, modern developments, emerging lifestyle precinct
Connectivity: Cambodia-China Friendship Bridge, Cambodia-Japan Friendship Bridge, National Highway 6A
Location Map
Approximate area map – Morgan EnMaison Smart Loft is located on Mekong River Road (Street 88) in Sangkat Chroy Changvar. Contact us for exact location details.
Developer: Morgan Group
Morgan Group (CAM-JIACHUANG Real Estate Co., Ltd.) is an established developer in Cambodia with a portfolio of prominent projects across Phnom Penh. Known for large-scale residential developments, the group has delivered multiple towers and continues to be active in the market.
Morgan Group Project Portfolio
Note: Morgan Group pivoted from 5 planned towers to 3 completed towers to match market demand and avoid oversupply.
Annual Holding Costs
Understanding ongoing costs is essential for accurate yield calculations. Morgan EnMaison Smart Loft includes standard building management and maintenance fees.
Unit Types & Pricing
Morgan EnMaison Smart Loft offers a unique product in the Phnom Penh market: loft-style units with 4.6-metre ceiling heights that allow for mezzanine configurations, effectively doubling usable living space. Units are delivered with quality finishes including air conditioning, fitted kitchens, and balconies with river or city views.
Detailed Unit Pricing
| Type | Beds | Size | Price | $/sqm |
|---|---|---|---|---|
| Smart Loft | 1 Bed | 55 sqm | ~$80k | ~$1.45k |
| Smart Loft | 2 Bed | 66 sqm | ~$96k | ~$1.45k |
| Smart Loft MAX | 2 Bed | 83 sqm | ~$120k | ~$1.45k |
| Smart Loft MAX | 2 Bed | 89 sqm | ~$130k | ~$1.46k |
| Smart Loft MAX | 3 Bed | 105 sqm | ~$160k | ~$1.52k |
| Smart Loft MAX | 3 Bed | 165-173 sqm | ~$200k+ | ~$1.2k |
Note: Smart Loft MAX units are located on Floors 30-34 of Building 2 with upgraded finishes and premium river views. Request official price list for confirmed figures.
Rental & Yields
Chroy Changvar offers competitive rental yields compared to central Phnom Penh, with lower entry prices translating to stronger percentage returns. The unique loft layouts at Morgan EnMaison Smart Loft appeal to tenants seeking modern, spacious living at lower rents than BKK1 or Tonle Bassac alternatives.
Gross rent (55sqm 1-Bed Smart Loft): ~$600-700/month (confirm with current comps)
Annual gross rent: ~$7,200-8,400
Purchase price: ~$80k
Indicative gross yield: ~9-10.5% (subject to actual rental achieved)
Net yield: Lower after service charges, management fees (8-12%), and potential void periods. Budget 1-2% for costs. Yields vary by unit, floor, and market conditions.
Regional Comparison
Cambodia offers one of Southeast Asia’s most attractive entry points for foreign property investors. Compare Cambodia vs Thailand vs Vietnam for the full picture.
Mature market, lower yields, higher entry barrier
Emerging market, highest yields, lowest entry point
Strong growth, but leasehold and price premium
Historic benchmark ranges for prime CBD new-builds (2024 data). Sources: DDProperty, dotproperty.com.vn, Realestate.com.kh. Emerging markets carry higher risk – conduct independent due diligence.
Can Foreigners Own This?
Yes. Foreign ownership in Cambodia (strata title) is available under the 2010 Foreign Ownership Law. Units from the first floor upward are eligible, subject to the 70% foreign quota. Morgan EnMaison Smart Loft units come with hard title – genuine freehold ownership.
Ownership type: Strata title (hard title) – genuine ownership
Eligible floors: First floor and above
Foreign quota: Max 70% of building
Requirements: Valid passport
Transfer: Can sell, inherit, or transfer
Learn more: Strata Title Explained · Due Diligence Checklist
Is This Right For You?
✓ This suits investors who want:
Lower entry point than central PP (~$80k vs $120k+ in BKK1). Completed project with zero construction risk. Unique loft layouts with 4.6m ceilings. Higher yield potential (8-10% gross). Riverside location with resort-grade amenities. Ready-to-rent or occupy immediately.
✗ This may not suit investors who:
Want walkable access to central Phnom Penh lifestyle (bridges required). Prefer established expat neighbourhoods like BKK1. Prioritise resale liquidity over yield (Chroy Changvar market is still maturing). Seek smaller boutique developments over large-scale projects.
Risk & Mitigations
→ Chroy Changvar is still developing vs established BKK1. Mitigated by lower entry price and higher yields compensating for location premium.
→ Mitigated by completed status and unit differentiation (loft layout), plus verifying current availability and achieved rents before committing.
→ Conservative projections based on Chroy Changvar comps. Budget 1-month void assumption annually.
→ Chroy Changvar resale market is developing. Realistic 6-12 month sale timeline. See exit strategy guide.
→ Annual costs ~1-1.5% of purchase price. See our taxes & fees guide.
→ Independent lawyer review recommended. Use our due diligence checklist.
Frequently Asked Questions
Can foreigners buy at Morgan EnMaison Smart Loft?
Yes. Foreigners can purchase strata title units under Cambodia’s 2010 Foreign Ownership Law. Units from the first floor upward are eligible, subject to the 70% foreign quota. All units come with hard title (freehold) ownership. Learn more about strata title ownership.
What is the entry price for Morgan EnMaison Smart Loft?
Entry-level 1-bedroom Smart Loft units (55sqm) start from approximately $80,000. Smart Loft MAX units on higher floors (83-173sqm) range from $120,000 to $200,000+. Request the current price list for confirmed availability.
What makes the Smart Loft units unique?
Smart Loft units feature 4.6-metre ceiling heights allowing for mezzanine/double-decker configurations. This effectively doubles usable living space – a 55sqm footprint becomes functional two-level living. This product is rare in Phnom Penh and appeals to tenants seeking modern, spacious layouts.
What is the estimated rental yield?
Indicative gross yields of 8-10% based on Chroy Changvar comparables, though actual yields depend on unit type, floor level, furnishing standard, and market conditions. A 55sqm unit at $80k with ~$650/month rent would deliver approximately 9.75% gross – confirm with current rental comps before purchase. See our rental management guide for more details.
What is the deposit and payment plan?
Deposits have been reported from 30% of purchase price. Interest-free payment plans up to 36 months have been offered historically. Confirm current terms and promotions directly with the developer or seller as these may have changed.
Is the project completed?
Yes. Morgan EnMaison Smart Loft has completed construction and units are being handed over. The developer completed 3 of the originally planned 5 towers to better match market demand. This removes construction risk entirely – you can inspect finished units before purchase.
How do I manage the property remotely?
Most investors use local property management companies (8-12% of rent). We can recommend trusted partners. Read our property management guide for what to expect.
What due diligence should I do?
Verify the unit’s title status, confirm the foreign ownership quota hasn’t been exceeded, and review the SPA terms carefully. Use our due diligence checklist and consider independent legal advice.
How do I exit/sell my investment?
You can sell to other foreigners or Cambodians. The Chroy Changvar resale market is still developing compared to BKK1 – expect a 6-12 month sale timeline. See our exit strategy guide for liquidity factors.
What are the annual holding costs?
Budget approximately 1-1.5% of purchase price annually for service charges, property tax, and management fees if renting. For a $80k unit, expect ~$800-1,200/year. See our taxes & fees guide.
Exit Strategy Options
Investor Essentials (Foreign Buyers)
Explore Similar Projects
Important Disclaimers
- Prices: Indicative and subject to change. Confirm with developer.
- Yields: Gross estimates (8-10%). Net lower after costs.
- Foreign ownership: Per 2010 law, subject to 70% quota.
- Due diligence: Independent advice recommended before purchase.
Last verified: January 2026. Subject to change.
Ready to Invest in Morgan EnMaison Smart Loft?
Secure a unique loft-style unit with 4.6m ceilings in this completed riverside development. Lower entry point than central Phnom Penh, higher yield potential, and zero construction risk. Get the full deal pack with pricing, availability, and floor plans.
Development Details
| Developer | Cam-Jiachuang Real Estate Co., Ltd |
| Property Type | Apartment |
| Location | Phnom Penh |
| Total Units | 480 |
| Price Range | $82,000 - $400,000 |
| Expected Completion | Q1 2023 |
| Current Status | Completed |
| Posted Date | November 24, 2025 |
| Development ID | #280 |
