About This Development
The Skyline | Twin Tower Condo, 7 Makara
Twin 39-storey residential towers with 3-storey commercial plaza in Veal Vong, 7 Makara by Skylar Holdings (Cambodia) Co., Ltd. 792 units (1-2 bed, 55-107 sqm). Hard title, foreign ownership eligible. Completed 2018. Developer financing available with 20% downpayment.
The Skyline Condo for Sale in 7 Makara, Phnom Penh
Pricing listed as POA – confirm current availability. Yields, occupancy (~70% reported), and rental assumptions are indicative. GRR claims require independent verification (see FAQ).
The Skyline is a large-scale twin 39-storey tower development in Veal Vong, 7 Makara by Skylar Holdings (Cambodia). With 792 units and a 3-storey commercial plaza, it is one of the largest residential projects in the 7 Makara corridor. Completed in 2018. The project targets mid-tier investors with competitive pricing (from ~$75,000 indicative), developer financing (20% down, 10-year loans), and freehold hard title for foreigners. Indicative gross yields of 6.0-8.0% driven by the value positioning below BKK1 pricing.
Who rents here: Young professionals, local workers, students, expats seeking value vs BKK1. Strong local tenant base in the 7 Makara catchment.
Deal Pack (Verified Docs) – click to view what you’ll receive
- Current availability + confirmed pricing
- Developer financing terms
- Rental assumptions + 7 Makara comps
- GRR terms verification (if applicable)
- Floor plans and unit layouts
- Foreign ownership eligibility summary
- SPA checklist
- Within 2-4 hours: Full deal pack sent.
- Within 24 hours: Team follow-up.
- No pressure: Take your time.
Amenities
The Skyline provides comprehensive lifestyle amenities across twin towers and a 3-storey commercial plaza, supporting convenient urban living.
Lifestyle
Building Services
Why 7 Makara?
7 Makara (Veal Vong corridor) is a developing mid-city district offering more affordable pricing than BKK1 while maintaining strong connectivity to central Phnom Penh. The area is undergoing active commercial and residential development.
Tenant profile: Young professionals, local workers, students, value-seeking expats
Rental demand: Growing – driven by mid-tier pricing and urban density
Key draws: Central Market, Olympia Mall, Peace Palace, Riverside nearby
Character: Developing, mid-city, value corridor with strong upside
Location Map
Approximate area map – contact us for exact location details.
Developer: Skylar Holdings (Cambodia) Co., Ltd
Skylar Holdings is a local developer specialising in mid-to-upper tier high-rise residential projects in Phnom Penh. Focused on value-oriented developments in emerging growth corridors with investor-friendly ownership models.
Annual Holding Costs
See our taxes and fees guide and hidden costs guide.
Unit Types and Pricing
The Skyline provides a broad unit mix across twin towers, with 14 units per floor. All units include fitted kitchens with cooker hobs and exhaust hoods, bedroom wardrobes, air conditioning, and central water heating.
Unit Pricing Overview
| Type | Size | From (indicative) | $/sqm | Notes |
|---|---|---|---|---|
| 1 Bed | ~55-65 sqm | POA (~$110k) | ~$1.8k | Strongest rental demand |
| 2 Bed | ~75-107 sqm | POA (~$150k) | ~$1.6k | Couples, sharers, families |
Note: Current pricing is POA (Price on Application). Indicative figures from developer materials. Developer financing: 20% downpayment (from ~$25k), loans up to 10 years at ~6% p.a. Promotional discounts may apply.
Rental and Yields
The Skyline’s mid-tier pricing below BKK1 averages drives competitive percentage yields. The 7 Makara corridor provides a growing local tenant base of young professionals and workers.
Gross rent (1-bedroom, ~58sqm): ~$650/month
Annual gross rent: ~$7,800
Purchase price: ~$110,000
Indicative gross yield: ~7.1%
Net yield lower after costs. Yields of 6.0-8.0% reported across unit types. Occupancy reported at ~70%.
GRR claims require verification. The listing shows a 6% GRR while the project description advertises up to 30% guaranteed rental returns over 4 years. These figures are inconsistent and should be verified carefully. Confirm: exact GRR percentage, duration, payment source, whether it is funded from the purchase price, conditions, and post-guarantee terms. Independent legal review is strongly recommended. See our due diligence checklist.
Regional Comparison: Why Cambodia?
Cambodia remains one of Southeast Asia’s most undervalued property markets. Read: Why Cambodia for freehold investment →
Mature, lower yields
Emerging, highest yields
Strong growth, leasehold
Historic benchmark ranges for prime CBD new-builds (2024 data). Emerging markets carry higher risk.
Can Foreigners Own This?
Yes. Foreign buyers can purchase hard title (strata) units above ground floor, subject to the 70% quota.
Ownership: Hard title (strata)
Floors: First floor and above
Quota: Max 70%
Requirements: Valid passport
Transfer: Can sell, inherit, or transfer
Learn more: Strata Title Guide · Foreign Buyer Guides
Is This Right For You?
✓ This suits investors who want:
A completed large-scale twin tower development with immediate occupancy. Mid-tier pricing below BKK1 averages with 6.0-8.0% indicative yields. Developer financing with low 20% downpayment (~$25k entry). Freehold hard title with foreign ownership eligibility. City-centre 7 Makara location with good connectivity. Scale and unit variety for portfolio diversification.
✗ This may not suit investors who:
Want prime BKK1 or Tonle Bassac positioning. Are concerned about ~70% reported occupancy in a 792-unit building. Prefer boutique low-density developments. Need international-brand management (Somerset, Marriott). Want verified high occupancy and proven rental track record. Are uncomfortable with inconsistent GRR claims requiring verification.
Risk and Mitigations
~70% occupancy reported across 792 units. High unit count creates internal rental competition. Mitigated by competitive pricing and growing 7 Makara demand.
Inconsistent GRR figures (6% and 30% over 4 years advertised). Verify exact terms, payment source, and post-guarantee arrangements. Independent legal review essential.
Completed 2018 – now 8 years old. Maintenance and service charge costs may increase. Verify sinking fund provisions.
7 Makara is developing but less established than BKK1 for resale. High unit count may create buyer competition. Mitigated by competitive pricing and developer financing options.
USD widely used. FX exposure depends on your base currency.
Transfer tax of 4% applies. See taxes guide.
Frequently Asked Questions
Can foreigners buy at The Skyline?
Yes. Hard title (strata) units above ground floor, subject to 70% quota. Strata title guide.
What is the estimated rental yield?
Indicative gross yields of 6.0-8.0%. A 1-bed at ~$110k renting at ~$650/month delivers approximately 7.1% gross. Occupancy reported at ~70%. See rental management guide.
Is The Skyline completed?
Yes. Completed in 2018. Twin 39-storey towers with 792 units and a 3-storey commercial plaza. Fully operational with active occupation.
What about the guaranteed rental return?
A 6% GRR is shown in listing data, while the project description advertises up to 30% GRR over 4 years. These figures are inconsistent. Verify all terms carefully: exact percentage, duration, payment source, conditions, and post-guarantee arrangements. Independent legal review strongly recommended. See our due diligence checklist.
What financing is available?
Developer financing with 20% downpayment (from ~$25,000) and loans up to 10 years at approximately 6% annual interest. Local bank financing may also be available. Confirm current terms directly.
What unit types are available?
1-bedroom and 2-bedroom apartments (55-107 sqm per listing data). 14 units per floor across twin towers. All units include fitted kitchens, air conditioning, wardrobes, and central water heating.
What are the annual holding costs?
Service charge (TBC), property tax (0.1% on value above $25k), management (8-12%). See taxes guide and hidden costs guide.
How do I exit or sell?
Sell to foreigners or Cambodians. The Skyline’s scale provides market liquidity. 7 Makara is developing but resale may take longer than BKK1. Developer financing availability may attract buyers. See exit strategy guide.
Exit Strategy Options
Investor Essentials (Foreign Buyers)
Explore Similar Projects
Important Disclaimers
- Prices: POA – confirm current availability with developer.
- Yields: Gross estimates (6.0-8.0%). Net lower after costs.
- GRR: Advertised figures (6% and 30%/4yr) require independent verification.
- Occupancy: ~70% reported.
- Foreign ownership: Per 2010 law, subject to 70% quota.
- Due diligence: Independent advice strongly recommended.
Last updated: 14 February 2026. Subject to change.
Interested in The Skyline?
Twin 39-storey towers in 7 Makara with developer financing from ~$25k down. Get current pricing, availability, and verified GRR terms.
Development Details
| Property Type | Apartment |
| Location | Phnom Penh |
| Total Units | 792 |
| Price Range | From $75,000 |
| Current Status | Completed |
| Posted Date | February 13, 2026 |
| Development ID | #924 |
