CASA BY MERIDIAN – TONLE BASSAC, PHNOM PENH Tonle Bassac, PHNOM PENH
Developer: Meridian International Holding
About This Development
CASA by Meridian | 28-Storey Tonle Bassac Condo
28-storey premium condominium and serviced residence in Tonle Bassac by Meridian International Holding. Approx 420 units from studio to 3-bedroom (35-140 sqm). Foreign ownership in Cambodia (strata title) eligible. Completed and operational.
CASA by Meridian Condo for Sale in Tonle Bassac, Phnom Penh
Pricing, yields, and availability are indicative until confirmed. Sales progress, furnishing scope, and rental assumptions are reported/indicative.
CASA by Meridian is a 28-storey completed premium condominium and serviced residence in Tonle Bassac. Developed by Meridian International Holding (Singapore-led), the building combines private condo units with professionally managed serviced apartments, creating dual income potential and a proven rental base. Tonle Bassac’s proximity to AEON Mall, Bassac Lane and the embassy zone supports strong corporate and expat tenant demand. Studios start from ~$110,000 with indicative gross yields of 5.8-7.8% based on area comparables.
Who rents here: Corporate expatriates, embassy employees, multinational business staff, NGO professionals and long-stay serviced apartment clients.
Deal Pack (Verified Docs) – click to view what you’ll receive
- Current price list + availability (by stack and floor)
- Payment terms for completed units
- Rental assumptions + comps used
- Floor plans and unit schedule
- Foreign ownership eligibility summary (strata/hard title)
- 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
CASA by Meridian provides a full amenity suite designed for premium residential and serviced apartment living. The building operates at international standard with professional on-site management.
Community and Lifestyle
Building Services
Why Tonle Bassac?
Tonle Bassac is one of Phnom Penh’s most desirable premium districts, combining upscale residential living with strong commercial and lifestyle infrastructure. The area attracts corporate expatriates, embassy staff and professionals seeking international-standard accommodation close to the city centre.
Tenant profile: Corporate expats, embassy employees, multinational staff, NGO professionals
Rental demand: High – premium serviced and long-stay market
Key draws: AEON Mall, Bassac Lane, embassy zone, diplomatic residences
Connectivity: Quick access to BKK1 and CBD, riverside proximity
Location Map
Approximate area map – contact us for exact location details.
Developer: Meridian International Holding
Meridian International Holding is a Singapore-led property and asset management group with a strong presence across Cambodia. Known for premium residential and serviced apartment developments, the group operates a dedicated hospitality and management division that handles CASA by Meridian’s serviced residence operation. The developer has built strong brand recognition among expatriates in Phnom Penh.
Developer Projects
Annual Holding Costs
Understanding ongoing costs is essential for accurate yield calculations. As a completed building with active management, CASA by Meridian has established cost structures.
For a full breakdown of buyer costs see our taxes and fees guide and hidden costs guide.
Unit Types and Pricing
CASA by Meridian offers studios through to 3-bedroom layouts plus serviced units. All units feature strong natural lighting, modern furnishings, efficient layouts and balcony options.
Unit Pricing Overview
| Type | Beds | Size | From | $/sqm |
|---|---|---|---|---|
| Studio | Studio | ~35-45 sqm | ~$110k | ~$2.7k |
| Standard | 1 Bed | ~50-65 sqm | ~$150k | ~$2.6k |
| Standard | 2 Bed | ~80-105 sqm | ~$240k | ~$2.6k |
| Premium | 3 Bed | ~120-140 sqm | ~$330k | ~$2.5k |
Note: Prices vary by floor and view. Request the latest price list for confirmed figures. Serviced units also available.
Rental and Yields
Tonle Bassac benefits from strong corporate and expat rental demand, driven by proximity to AEON Mall, the embassy zone and Bassac Lane. CASA by Meridian’s serviced residence operation provides an established rental base with proven returns.
Gross rent (1-bedroom, ~57sqm): ~$850/month
Annual gross rent: ~$10,200
Purchase price: ~$150,000
Indicative gross yield: ~6.8%
Net yield lower after costs. Actual rents depend on floor, furnishing, and market. Yields of 5.8-7.8% reported across unit types.
GRR terms (if offered) are developer-reported and subject to contract terms, exclusions, and unit eligibility.
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 (based on the indicative ranges shown below), while indicative gross yields can be higher than some regional markets, though returns vary materially 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 (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 buyers can purchase eligible strata-title (hard title) units above ground floor, subject to the building’s 70% foreign ownership quota. Confirm eligible floors and quota status in writing.
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 Ownership Guide · Foreign Buyer Guides
Is This Right For You?
✓ This suits investors who want:
A completed building with proven occupancy and rental returns. No construction risk. Strong serviced-residence rental base with corporate and expat tenants. Premium Tonle Bassac location near AEON Mall and the embassy zone. In-house management by an established Singapore-led developer. Freehold strata title ownership with potential for both rental income and long-term capital growth.
✗ This may not suit investors who:
Are seeking off-plan pricing discounts or pre-launch entry points. Want sub-$100k entry (studios start from ~$110k). Require very high short-term capital appreciation rather than yield-focused returns. Prefer newer buildings with the latest specifications. Are uncomfortable with an emerging market where resale liquidity can take 3-6 months.
Risk and Mitigations
Rents depend on floor, view, furnishing and market conditions. Mitigated by strong serviced-residence demand in Tonle Bassac and in-house management.
Resale market is developing. Mitigated by Tonle Bassac’s strong demand and completed status, which attracts buyers who prefer proven buildings.
USD is widely used in Cambodia, but FX exposure depends on your base currency and some costs may be payable in KHR.
Independent lawyer review recommended before signing purchase agreement. Use our due diligence checklist.
Transfer tax of 4% applies on completed property purchases. See our taxes and fees guide.
As a completed building, maintenance costs may increase over time. Mitigated by professional management and sinking fund provisions.
Frequently Asked Questions
Can foreigners buy at CASA by Meridian?
Yes. Foreign buyers can purchase eligible strata-title (hard title) units above ground floor, subject to the building’s 70% foreign ownership quota. Confirm eligible floors and quota status in writing. Learn more about strata title ownership.
What is the estimated rental yield at CASA by Meridian?
Indicative gross yields of 5.8-7.8% based on Tonle Bassac comparables. A 1-bedroom at ~$150k renting at ~$850/month delivers approximately 6.8% gross. Actual yields depend on unit type, floor, furnishing, and market conditions. See our rental management guide.
Is CASA by Meridian completed?
Yes. The building is fully completed and operational with an active serviced residence operation and proven rental returns. This means no construction risk and the ability to inspect units, verify finishes and confirm rental performance before purchasing.
How do I manage the property remotely?
CASA by Meridian has an in-house hospitality division operated by Meridian International Holding, providing a built-in management option. Third-party property management companies are also available at 8-12% of gross rent. Read our property management guide.
What due diligence should I do before buying?
Always verify title status, quota availability, and review the purchase agreement with an independent lawyer. As a completed building, you can also inspect the unit, check building condition and verify actual rental performance. Use our due diligence checklist and consider the developer track record guide.
Which units rent best at CASA by Meridian?
Studio and 1-bedroom units are the highest-demand rental categories, driven by the serviced residence operation and corporate tenant base. These unit types typically achieve the strongest occupancy rates in the Tonle Bassac market.
What are the annual holding costs?
Annual costs include service charge (confirm with developer), property tax (0.1% on assessed value above $25,000), and optional management fees (8-12% of gross rent). For a full breakdown, see our taxes and fees guide and hidden costs guide.
How do I exit or sell my investment?
Units can be sold to other foreigners or Cambodians. Tonle Bassac has strong resale demand given its premium location. As a completed building with proven rental performance, CASA may attract more confident buyers than off-plan projects. See our exit strategy guide.
Exit Strategy Options
Investor Essentials (Foreign Buyers)
Explore Similar Projects
Important Disclaimers
- Prices: Indicative and subject to change.
- Yields: Gross estimates (5.8-7.8%). Net lower after costs.
- Foreign ownership: Per 2010 law, subject to 70% quota.
- Due diligence: Independent advice recommended before purchase.
Last updated: 13 February 2026. Subject to change.
Ready to Invest in CASA by Meridian?
Access Tonle Bassac’s proven serviced-residence market with a completed building, established rental base, and freehold strata title ownership. Get current availability, pricing, and rental performance data.
Development Details
| Developer | Meridian International Holding |
| Property Type | Apartment |
| Location | Phnom Penh |
| Total Units | 420 |
| Price Range | From $110,000 |
| Current Status | Completed |
| Posted Date | February 13, 2026 |
| Development ID | #892 |
