New Moment Real Estate Development Co.

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About New Moment Real Estate Development Co.

New Moment Real Estate Development

Cambodia-Based Developer - ONE 70 Daun Penh High-Rise

3.5 Riel Property Rating

New Moment Real Estate Development Co., Ltd is a Cambodia-based developer behind ONE 70, a 37-storey (40 floors including basement levels), 793-unit condominium on Street 70 in Daun Penh, Phnom Penh's central business district. The building stands at 127 metres and offers strata title ownership for foreign buyers. Entry pricing from approximately US$57,000. Interest-free instalment plans up to 60 months. Our developer rating: 3.5 / 5.0.

793
Units
37F
Storeys (127m)
~$57k
From Price
60mo
Interest-Free

Developer Overview

New Moment Real Estate Development Co., Ltd is a Cambodia-based property developer active in Phnom Penh's urban condominium segment. The firm is responsible for ONE 70, a 37-storey, 793-unit high-rise condominium located on Street 70 in Sangkat Srah Chak, Khan Daun Penh - the heart of Phnom Penh's central business district.

The developer positions ONE 70 as a value-driven entry point into Daun Penh's premium district, offering strata title ownership for both local and foreign buyers. Unit types range from studios to two-bedrooms (approximately 36.9-91.6 sqm). The building features rooftop amenities including a sky garden, sky bar, restaurant, spa, swimming pool and gym. Entry pricing from approximately US$57,000 with interest-free instalment plans up to 60 months makes this one of the more accessible high-rise products in central Phnom Penh.

ONE 70 is the developer's sole known project in Cambodia. While the scale of the building (793 units, 37 floors, 127 metres) demonstrates significant ambition and execution capability, the absence of a multi-project track record means investors should apply additional due diligence before committing.

Prime Daun Penh location in Phnom Penh's central business district, near French Embassy and Monivong Boulevard
Strata title (hard title) for foreign buyers above ground floor, subject to 70% foreign quota
Accessible entry from ~US$57,000 with interest-free instalments up to 60 months
37-storey high-rise with 793 units - significant scale for a single-project developer
Rooftop lifestyle amenities including sky bar, restaurant, spa, pool and sky garden
Single-project developer with limited publicly available corporate history - verify delivery status and title issuance independently
Did you know?

Daun Penh is Phnom Penh's original central business district, home to the Royal Palace, National Museum and French Embassy. Street 70 connects to Monivong Boulevard, one of the city's main commercial arteries. See the best areas to invest guide.

Developer Rating Breakdown

Overall: 3.5 / 5.0 A substantial high-rise in a premium Daun Penh location with accessible pricing and interest-free payment terms. Solid for value-oriented central Phnom Penh buyers comfortable with single-developer exposure.

Delivery Track RecordSingle project - substantial scale but limited history
793 units, 37F - ambitious but no multi-project record
3.0/ 5.0
Assessment

ONE 70 is a substantial development at 37 storeys and 793 units, demonstrating significant ambition and access to capital. The project is listed as finished or near-finished with units available for sale. However, New Moment has no publicly documented multi-project track record and limited corporate information is available. Confirm delivery status, construction completion, occupancy levels and title issuance directly before committing capital.

793 units, 37 floors Listed as finished/near-finished Single project only Limited corporate history
Build Quality37-storey high-rise with modern finishes and amenities
127m tower, sky amenities, fully furnished units
3.5/ 5.0
Assessment

At 127 metres and 37 storeys, ONE 70 is a significant high-rise in Daun Penh. The developer references modern finishes, fully furnished units and a comprehensive amenity package. Units come with furniture and appliances included. The rooftop facilities (sky garden, sky bar, restaurant, spa, pool, gym) are competitive for the price segment. Inspect the finished product in person or through a representative before purchasing.

127m / 37 storeys Fully furnished units Rooftop amenity package Modern urban design
Payment FlexibilityFrom ~$57k, 60-month interest-free instalments
Accessible entry, interest-free financing, appliances included
4.0/ 5.0
Assessment

ONE 70 offers one of the most accessible entry points for a central Phnom Penh high-rise. Studios from approximately US$57,000 with interest-free instalment plans up to 60 months is a strong proposition. Free home appliance sets have been included in promotional offers. Current resale asks range from approximately US$55,000-117,000+ depending on unit type. RP cites indicative gross yields of approximately 5-7%. Deposit on market listings appears around 10%.

From ~US$57,000 60-month interest-free Free appliances included ~US$500/month instalments
Rental PerformancePrime Daun Penh CBD with urban professional demand
Central location, near French Embassy, Monivong corridor
3.5/ 5.0
Assessment

Daun Penh is Phnom Penh's original CBD, home to government offices, embassies, banks and retail. Street 70's proximity to Monivong Boulevard, the French Embassy, ACLEDA Bank headquarters and TK Avenue Mall supports demand from urban professionals, embassy staff and business travellers. The low entry pricing means percentage yields can be competitive. However, 793 units in a single building creates supply concentration - verify current occupancy levels before purchasing.

Daun Penh CBD Near French Embassy Monivong corridor 793 units supply concentration
Design & InnovationModern urban high-rise with lifestyle amenities
Standard modern design, strong amenity package for price
3.0/ 5.0
Assessment

ONE 70 offers modern urban living with a design focused on practical layouts and lifestyle amenities. The "ONE CLUB ONE LIFE" service platform provides residents with sky bar, restaurant, spa, pool and gym access. The design is functional and investment-oriented rather than architecturally distinctive - solid for the price segment but not pushing design boundaries compared to premium BKK1 or Tonle Bassac developments.

Sky bar and restaurant ONE CLUB service platform Fully furnished units Urban lifestyle focus

New Moment Projects

See Project

ONE 70

Street 70, Srah Chak, Daun Penh, Phnom Penh
Completed / Near Completion Foreign Ownership Eligible
37-40 storeys (127m) - 793 units - studios to 2BR (36.9-91.6 sqm) - strata title - fully furnished - resale from ~US$55,000
No additional projects have been publicly announced. ONE 70 is the developer's sole known project in Cambodia.

Payment Terms

From ~US$57,000
Accessible entry pricing for central Daun Penh high-rise
60-Month Interest-Free
Extended interest-free instalment plan direct with developer
Fully Furnished
Units include furniture and appliances as standard
Strata Title
Hard title for foreign buyers above ground floor

Confirm all payment terms, instalment schedules and promotional offers directly with the developer. Terms may have changed since publication.

Want pricing and availability for ONE 70 or other Daun Penh options?
Enquire Now
Did you know?

ONE 70 offers one of the lowest entry points for a central Phnom Penh high-rise condominium with strata title ownership. Interest-free instalment plans reduce the total cost of ownership compared to bank-financed purchases. See the full ownership costs breakdown.

Investment Suitability

Accessible Entry

From ~US$57,000 with 60-month interest-free instalments

Prime CBD

Daun Penh central location near embassies and Monivong Boulevard

Hard Title

Strata title for foreign buyers above ground floor (70% quota)

Move-In Ready

Fully furnished units with appliances included

Strengths & Considerations

Strengths
  • Prime Daun Penh CBD location on Street 70 near French Embassy and Monivong Boulevard
  • Accessible entry from ~US$57,000 - one of the lowest for a central high-rise with strata title
  • 60-month interest-free instalments direct with developer
  • Strata title (hard title) for foreign buyers above ground floor
  • Fully furnished with appliances included as standard
  • Substantial scale - 793 units across 37 storeys demonstrates access to capital
Considerations
  • Single-project developer with no multi-project track record The scale of ONE 70 (793 units) demonstrates capability, but it remains a single data point
  • Limited corporate transparency - minimal publicly available company information Verify developer background, financial standing and construction partners independently
  • 793 units in a single building creates supply concentration risk Daun Penh's central location and growing urban demand help absorb volume
  • Verify current delivery status and occupancy levels before purchase Inspect the building in person or through a representative

Frequently Asked Questions

Is New Moment a reliable developer?
New Moment has delivered ONE 70, a substantial 37-storey, 793-unit development in Daun Penh. The scale demonstrates capability. However, it is a single-project developer with limited public corporate information. Independent verification is recommended. See our developer verification guide.
Can foreigners buy at ONE 70?
Yes. Strata title (hard title) above ground floor, subject to the 70% foreign ownership quota per building. See our strata title ownership guide.
What is ONE 70?
ONE 70 is a 37-storey, 793-unit condominium on Street 70, Daun Penh. 127 metres tall. Studios to 2-bed (36.9-91.6 sqm). Fully furnished with rooftop amenities. From approximately US$57,000 with 60-month interest-free instalments.
Where is ONE 70 located?
Street 70, Sangkat Srah Chak, Khan Daun Penh. Near the French Embassy, ACLEDA Bank HQ, Monivong Boulevard and TK Avenue Mall. See our best areas guide.
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. New Moment scores 3.5/5.0. See all rated developers on our developer hub.

Investor Resources

After-Sales Support→ Cambodia Property Ownership Costs→ Buy Cambodia Property Remotely→ Investment Hub→

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Interested in ONE 70?
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We provide after-sales support throughout your ownership. No obligation - all terms confirmed in writing.

Riel Property is not affiliated with New Moment Real Estate Development Co., Ltd. Information compiled from publicly available sources including property portals, Facebook, IPS Cambodia and Cambodian listings. All data is for informational purposes only and should be verified independently.

Our rating assesses developers on five criteria. Scores range from 3.0 (heightened due diligence recommended) to 5.0 (outstanding), awarded in half or full increments only.