Cambodia Property Developers (Foreign Investors)

Cambodia Property Developers

Track records, current projects and build quality – compared for foreign investors. We focus on developers with verifiable completed projects and clear foreign ownership structures.

31Developers
13+Locations
Education First Full Service: Start to Finish Complete After-Sales Support

Last updated: 12 March 2026

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Key Takeaways

Track record matters most. Verify completed projects before committing to off-plan purchases.
SPA clarity is critical. Payment schedules, penalties and handover terms must be clear and lawyer-reviewed.
Not all developers offer foreign ownership. Verify strata title registration and foreign quota status before committing.
Payment structure affects risk. Staged payments tied to construction milestones are typically safer than large upfront deposits.

General information only – not legal, financial or tax advice. Always verify documentation and terms in writing with qualified professionals before committing capital.

Did you know? Riel Property can help you select the best development for your investment goals, with independent analysis across all rated developers. Our team compares track records, pricing and payment terms so you do not have to rely on developer marketing alone. Learn more about our investor service.

Developer Directory

32 developers rated and compared. Click any card for the full profile.

Track Record Guide

ProvenMultiple completed projects. Long operating history.
EstablishedCompleted at least one project.
ActiveCurrently building. Track record developing.
NewerLimited completed projects. More DD advised.

Classifications represent Riel Property’s own assessment. They are not endorsements and should not replace independent due diligence.

Prime / BKK1

Urbanland

4.5
Phnom Penh

Award-winning design-led developer. Embassy Central and Embassy Residences in BKK1 and Tonle Bassac. ISI Group backed.

Proven View developer profile Prime / BKK1

Tanichu Assetment

4.5
Phnom Penh

Japanese-backed developer with completed Phnom Penh projects. Highest build quality scores in our directory.

Proven View developer profile Prime / BKK1

Meridian International

4.5
Phnom Penh

International holding company with premium Cambodia property portfolio.

Proven View developer profile Large-Scale

CC Peninsula Co

4.5
Phnom Penh

Chroy Changvar waterfront. Large-scale Peninsula Private Residences with luxury positioning.

Proven View developer profile Value / Yield

Urban Living Solutions

4.5
Phnom Penh + Siem Reap

Goldfame Group JV. 1,000+ units. Best Condo in Asia (PropertyGuru 2019). Factory Phnom Penh.

Established View developer profile Emerging / Coastal

Diamond Bay Garden

4.2
Sihanoukville

Coastal development in Sihanoukville with strong delivery evidence.

Established View developer profile Value / Yield

Megakim World Corp

4.0
Phnom Penh

Mid-market yield focus. Time Square series across Phnom Penh. Multiple completed projects.

Proven View developer profile Prime / BKK1

The Flora Group

4.0
Phnom Penh

BKK1 boutique developer. Design-focused smaller-scale projects with strong expat appeal.

Established View developer profile Prime / BKK1

Wang Fu Guo Ji

4.0
Phnom Penh

BKK1 high-rise developer. Le Conde BKK1 (43F) and Le Conde 2 (60F). Premium positioning.

Active View developer profile Large-Scale

Global Titan Stone

4.0
Phnom Penh

Large-scale mixed-use development. Gato Tower in Phnom Penh.

Active View developer profile Large-Scale

LZ Development

4.0
Phnom Penh

Phnom Penh development company with active projects.

Active View developer profile Large-Scale

Oxley / Worldbridge

4.0
Phnom Penh

SGX-listed JV. The Bridge and The Peak with Shangri-La Hotel. ~$1B GDV.

Proven View developer profile Large-Scale

Cam-Jiachuang (Morgan EnMaison)

4.0
Phnom Penh

Morgan Group ecosystem. Morgan EnMaison ~4,480 units. Chroy Changvar riverfront.

Established View developer profile Value / Yield

Morgan Group

3.5
Phnom Penh

Residential specialist. Toul Kork and emerging districts. Multiple delivered projects.

Established View developer profile Chinese-Backed

Yuetai Group

3.5
Phnom Penh

Hong Kong-listed (est. 1979). East One, East View, The Garden, Phnom Penh Harbour.

Established View developer profile Emerging / Coastal

Dara Group

3.5
Phnom Penh

Cambodian development group with established local presence.

Established View developer profile Chinese-Backed

Yin Yi Venture

3.5
Phnom Penh

Chinese-backed. La Vista One twin towers (41F, ~1,442 units). Chroy Changvar riverfront.

Active View developer profile Emerging / Coastal

Kingston Royale

3.5
Phnom Penh

Emerging district focus in Phnom Penh.

Newer View developer profile Large-Scale

Royal Hong Lai Huat

3.5
Phnom Penh + Sihanoukville

SGX-listed JV with Royal Group. Royal Platinum and D’Seaview.

Established View developer profile Value / Yield

JV Parc Residence

3.5
Phnom Penh

Singapore-Hong Kong JV. Parc 21 completed Dec 2022. 128 units, Boeung Trabek.

Newer View developer profile Value / Yield

New Moment Real Estate

3.5
Phnom Penh

ONE 70 Daun Penh. 37-storey, 793 units. From ~$57k. Central CBD.

Newer View developer profile Emerging / Coastal

Thai Boon Roong (Star Bay)

3.5
Sihanoukville

Established conglomerate. Star Bay coastal mixed-use. 3/10 buildings complete.

Established View developer profile Chinese-Backed

Agile (Naki Property)

3.0
Phnom Penh

Chinese-listed. BKK3 developments. Parent default risk flagged.

Established View developer profile Value / Yield

Everhealth International

3.0
Phnom Penh

Value-focused residential development in Phnom Penh.

Newer View developer profile Chinese-Backed

Hua Jun Property

3.0
Phnom Penh

Chinese-backed residential developer in Phnom Penh.

Newer View developer profile Chinese-Backed

Hua Teng Cambodia

3.0
Sihanoukville

Chinese investment group. Coastal Sihanoukville focus.

Newer View developer profile Chinese-Backed

Lomnov Than HC

3.0
Phnom Penh

Chinese-backed residential projects in Phnom Penh.

Newer View developer profile Value / Yield

UK Condo Property

3.0
Phnom Penh

Mid-market residential development in Phnom Penh.

Newer View developer profile Value / Yield

Anata Residence

3.0
Phnom Penh

Stueng Mean Chey condominium. 25 storeys, 323 units.

Active View developer profile Value / Yield

KMH Residence Cambodia

3.0
Phnom Penh

Budget-central Daun Penh. ~120 units. Heightened DD required.

Newer View developer profile Emerging / Coastal

Victory Bay Development

3.0
Sihanoukville

Sihanoukville coastal condo. ~900 units. Floor-rated.

Newer View developer profile Large-Scale

Prince Real Estate

HOLD
Phnom Penh + Sihanoukville

Major mixed-use developer. Rating under review.

Established View developer profile

What We Check Before Recommending

1
Past Deliveries
Completed projects we can verify. Construction quality and handover standards.
2
Construction Progress
Site updates and photos where available. Timeline adherence on current projects.
3
SPA Clarity
Payment schedule, transfer process, penalty clauses and key terms.
4
Foreign Ownership
Strata title registration and foreign quota status.
5
Building Management
Management fees, handover standards and rental readiness.
6
Payment Structure
Deposit size, milestone payments and completion terms.

We are not a law firm. Use an independent lawyer before committing.

Developer FAQs

What should I verify in a developer’s SPA?
Key items: payment schedule and milestone definitions, penalty clauses for delays, transfer process and timeline, foreign ownership confirmation (strata title), handover conditions and defect liability period. An independent lawyer should review before signing. See our off-plan checklist and developer verification guide.
How do I reduce off-plan risk?
Focus on developers with completed projects you can verify. Check construction progress independently. Understand the payment structure – staged payments tied to milestones typically carry lower risk than large upfront deposits. Review the SPA with a lawyer. See our payment plans guide.
Can foreigners own condos from any developer?
Foreigners can own strata title units (first floor and above) in any development registered for foreign ownership. The building must allocate up to 70% of private units for foreign buyers. Not all developments have this registration. See our strata title guide.
What does foreign quota mean in practice?
Cambodian law limits foreign ownership to 70% of private units per building. Once reached, foreigners cannot purchase more unless buying from existing foreign owners. Popular buildings in prime areas can fill their quota. See our best areas guide for availability context.
How does Riel Property rate developers?
We assess developers across five criteria: delivery track record, build quality, payment flexibility, rental performance, and design and innovation. Scores range from 3.0 (heightened DD recommended) to 5.0 (outstanding). See our developer verification guide for methodology, or browse all rated profiles.
Do I need to visit Cambodia to buy?
No. Many foreign investors purchase remotely via notarised documents. However, visiting allows site inspection, meeting the sales team and understanding the neighbourhood. See our remote buying guide.
Did you know? Riel Property has a team on the ground in Cambodia who can arrange site visits, negotiate the best deals and coordinate your purchase remotely. We provide complete after-sales support including rental management introductions and resale guidance. See our after-sales service.

Investor Essentials

Developer Due Diligence→ Off-Plan Checklist→ Strata Title Guide→ Best Areas to Invest→ Rental Yields Guide→ Exit Strategy→ Ownership Costs→ Glossary→

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General information only. Not legal or tax advice. Verify all documentation and terms with qualified professionals. Last reviewed March 2026.