About This Development
Completed 43-storey Japanese 2-bedroom condo for sale in the heart of BKK1, Phnom Penh. Developed by Tanichu Assetment Co., Ltd (Japan) – the first Japanese-affiliated condo developer in Cambodia. 228 fully furnished 2-bedroom units (65-153 sqm). Japanese construction standards and engineering technology throughout. Infinity pool and sky bar on the 43rd floor. Hard title, foreign eligible. From approximately $162,000. Tanichu’s fifth Phnom Penh project, with the 77-storey J Tower 3 now under construction.
Project Overview
J Tower 2 is completed and fully operational. Resale and remaining units available. All pricing indicative – verify current availability directly.
J Tower 2 is a completed 43-storey Japanese-built condo in BKK1 – Phnom Penh’s most established expat and diplomatic district. Developed by Tanichu Assetment Co., Ltd (hard title / strata), this is Cambodia’s first Japanese-affiliated condo. The building is fully operational since mid-2022, eliminating all construction risk. 228 fully furnished 2-bedroom units (65-153 sqm) at ~$2,300-2,580/sqm – competitive within BKK1’s luxury segment. The 43rd-floor infinity pool and sky bar are among the highest residential amenities in Phnom Penh. Tanichu’s 5th Phnom Penh project, with the 77-storey J Tower 3 now under construction in Tonle Bassac.
Target buyer: Quality-focused investors seeking completed BKK1 exposure with Japanese build assurance. Buyers wanting immediate rental income from BKK1’s strong professional tenant pool.
Deal Pack (Verified Docs) – click to view what you’ll receive
- Available units + current stock (by floor and type)
- Price list (by unit type and floor)
- Rental assumptions + comps used
- Floor plans (65, 91, and 153 sqm layouts)
- Foreign ownership eligibility summary (hard title / strata)
- 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
J Tower 2 offers premium lifestyle amenities across multiple floors, anchored by the 43rd-floor infinity pool and sky bar – among the highest residential amenities in Phnom Penh.
43F Rooftop & Wellness
Building Services
Why BKK1?
J Tower 2 sits on Street 398 in BKK1 (Boeung Keng Kang 1), Chamkarmon district – Phnom Penh‘s most established residential and diplomatic quarter. BKK1 is the city’s primary expat hub with the highest concentration of international restaurants, cafes, embassies, and professional services.
Tenant profile: Embassy staff, NGO workers, international professionals
Rental demand: Highest in Phnom Penh
Key draws: Diplomatic Quarter, international restaurants, walkable lifestyle
Connectivity: Central location, Norodom and Mao Tse Toung boulevards
Location Map
Approximate area map (BKK1). J Tower 2 is on Street 398, cross-street near Street 320/Monivong Blvd area. Distances are estimates.
Developer: Tanichu Assetment Co., Ltd
Japanese real estate developer headquartered in Fujisawa, Kanagawa Prefecture, Japan. Cambodia’s first Japanese-affiliated condominium developer with five Phnom Penh projects spanning different scales. Japanese construction methodology: land surveying, structural engineering, and quality control processes managed directly by the developer.
Completed & Upcoming Projects
Annual Holding Costs
Understanding ongoing costs is essential for accurate yield calculations.
Unit Types & Pricing
J Tower 2 comprises 228 units across three sizes, predominantly 2-bedroom with penthouse options. All units are fully furnished with contemporary finishes and floor-to-ceiling windows.
Detailed Unit Pricing
| Type | Beds | Size | Price | $/sqm |
|---|---|---|---|---|
| Compact | 2 Bed | 65 sqm | ~$162,800 | ~$2,505 |
| Corner | 2 Bed | 91 sqm | ~$215,000 | ~$2,363 |
| Penthouse | 3 Bed | 153 sqm | ~$500,000 | ~$3,268 |
Note: All prices indicative based on market listings. May vary by floor, direction, and availability. Penthouse features up to 5m ceiling heights and 360-degree panoramic views. Verify current stock and pricing directly.
Rental & Yields
BKK1 has the strongest professional rental demand in Phnom Penh. The all-2-bedroom configuration at J Tower 2 targets couples, professionals, and small families – a tenant profile that typically signs longer leases and generates more stable income than studio-heavy buildings.
Gross rent (65sqm 2-Bed): ~$1,200-1,400/month
Annual gross rent: ~$14.4-16.8k
Purchase price: ~$162,800
Indicative gross yield: ~6-8%
Net yield lower after management fees, vacancy, and costs – budget 1-2% below gross. Japanese build quality can support a small rental premium over comparable units.
Regional Comparison: Why Cambodia?
Cambodia remains one of Southeast Asia’s most undervalued property markets. Phnom Penh entry prices can be materially lower than neighbouring capitals, while indicative gross yields can be higher, though returns vary by unit type, rent achieved, and occupancy. Read: Why Cambodia for freehold investment
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. Sources: DDProperty, dotproperty.com.vn, Realestate.com.kh. Emerging markets carry higher risk – conduct independent due diligence.
Can Foreigners Own This?
Yes. Hard title (strata) above ground floor, subject to the building quota and developer allocation at time of purchase per Cambodian law.
Ownership type: Hard title (strata) – 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: Foreign Buyer Guides · Strata Title Explained
Is This Right For You?
✓ This suits investors who want:
Zero construction risk from a completed building · Japanese build quality and developer track record · Immediate rental income in USD · BKK1’s proven professional tenant demand · 2-bed focused tenant profile (longer leases) · Diversification away from Western markets
✗ This may not suit investors who:
Want off-plan capital appreciation · Need studios or 1-beds for shorter-stay tenants · Require mortgage financing · Are uncomfortable with frontier market risk · Want the lowest possible entry price
Risk & Mitigations
→ Multiple new launches (Le Conde 2, G.A.T.O Tower, J Tower 3) will compete for tenants. J Tower 2’s completed status and Japanese brand provide some insulation.
→ Resale competes with any remaining developer stock. Verify unsold units – significant stock can suppress prices. Cambodia’s secondary market is still maturing.
→ No studios or 1-beds narrows tenant pool to couples, families, professionals. Can strengthen positioning as a residential (not transient) address.
→ Cambodia property law evolving. Capital gains tax deferred previously – timing subject to change. USD-denominated market provides stability.
→ Independent lawyer review recommended. Review SPA, strata title docs, management obligations, transfer tax (~4%). See taxes & fees guide
Frequently Asked Questions
Can foreigners buy at J Tower 2?
Yes. Hard title (strata) above ground floor, subject to the building quota and developer allocation at time of purchase. Valid passport required. Learn more about strata title ownership.
What is the estimated rental yield?
BKK1 luxury 2-bed condos typically yield 6.0-8.0% gross. Similar units at J Tower 2 rent for approximately $1,200-1,700 per month depending on size and floor. Net yields lower after management fees, vacancy, and costs. See our rental management guide.
Is J Tower 2 completed?
Yes. Completed mid-2022 and fully operational with residents. Zero construction risk. Resale and remaining units available for immediate occupancy or rental.
Who is the developer?
Tanichu Assetment Co., Ltd – a Japanese developer headquartered in Fujisawa, Kanagawa. Track record: J-Village, J-City, J-Tower 1, J-Tower 2 (all completed), and J-Tower 3 (77 floors, under construction, completion Q4 2028). Cambodia’s first Japanese-affiliated condo developer.
What unit types are available?
228 units across three sizes: 65 sqm (compact 2-bed), 91 sqm (corner 2-bed), and 153 sqm (penthouse). Fully furnished with contemporary finishes and floor-to-ceiling windows. Hard title. See due diligence checklist.
What amenities does J Tower 2 have?
43F: infinity pool (east-facing), sky bar. 41F: gym, indoor pool, kids pool, jacuzzi, steam room, boxing ring. 24F: lobby floor, kids room, mini mart, coffee shop, meeting room. Ground: recreation area (pool table, table tennis). Multiple high-speed elevators. 24/7 security with professional team and CCTV.
How does J Tower 2 compare to J Tower 3?
J Tower 2: completed 43 floors, 228 units (2-bed + penthouse), from ~$162k. Immediate income. J Tower 3: under construction, 77 floors (320m), 360 units, all 3-bed (166-178 sqm), Tonle Bassac, completion Q4 2028. Same developer. J Tower 2 offers zero construction risk; J Tower 3 offers off-plan pricing in a taller, larger-unit format.
How do I exit or sell?
Hard title strata – sell to foreigners or Cambodians. BKK1 location provides strong resale liquidity. Japanese developer brand and completed status support premium positioning. Capital gains tax rules subject to change. See exit strategy guide.
What are the management fees and holding costs?
Management fee is approximately $1.80/sqm/month. Electricity $0.30/kWh, water $0.25/m3, car parking $50-70/month. Optional services include cleaning ($35/month) and laundry ($40/month). Verify current rates directly with building management. See due diligence checklist.
Is J Tower 2 on hard title (strata title)?
Yes. J Tower 2 offers hard title (strata title) ownership for foreign buyers above ground floor, subject to the building quota and developer allocation at time of purchase. This is full freehold ownership under Cambodian co-owned building law. See strata title guide.
Exit Strategy Options
Investor Essentials (Foreign Buyers)
Explore Similar Projects
Important Disclaimers
- Prices: Indicative and subject to change.
- Yields: Gross estimates (6.0-8.0% BKK1 range). Net lower after costs.
- Foreign ownership: Per 2010 law, subject to quota.
- Due diligence: Independent legal advice recommended.
- Platform: Riel Property is not the developer or seller.
Last updated: 2026-02-14. Completed project – verify current availability directly.
Ready to Invest in J Tower 2?
Completed 43-storey Japanese-built condo in BKK1. Zero construction risk, immediate rental income, hard title foreign ownership. Get the full deal pack with available units, pricing, floor plans, and rental comps.
Development Details
| Developer | Tanichu Assetment Co. Ltd (Japan) |
| Property Type | Apartment |
| Location | BKK1 (Boeung Keng Kang 1) |
| Total Units | 228 |
| Price Range | From $162,000 |
| Expected Completion | 2022 |
| Current Status | Completed |
| Posted Date | February 14, 2026 |
| Development ID | #965 |