About This Development
Embassy Central | 25-Storey BKK1 Boutique Condo
Embassy Central Phnom Penh is a completed boutique development on Street 352 in BKK1 by Urbanland Asia. 119 units from 1 to 3 bedrooms (63-159sqm). Innovative vertical garden design with European finishes. Foreign ownership eligible with strata title.
Embassy Central Condo for Sale in BKK1, Phnom Penh
Pricing and availability subject to confirmation. Yields are indicative gross estimates.
Embassy Central is a completed boutique condo in prime BKK1, Phnom Penh’s most sought-after address. Developed by Urbanland Asia, the 25-storey building features an innovative vertical garden design with a central atrium of climbing vines. At just 119 units, it offers exclusivity and community that larger developments cannot match. European-brand finishes (MITON, DE DIETRICH, DURAVIT) and generous 6-level basement parking position it as a premium choice for discerning expatriates and investors.
Who rents here: Senior expatriates, embassy staff, international school families, corporate executives, and professionals seeking quality accommodation in Phnom Penh’s prime district.
Deal Pack (Verified Docs) – click to view what you’ll receive
- Current availability + pricing (resale and developer units)
- Purchase process (completed project – full payment on transfer)
- Rental assumptions + comparable evidence
- Floor plans and unit schedule
- Foreign ownership eligibility summary (strata title confirmation)
- 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
Embassy Central’s design philosophy centres on bringing nature into vertical living. The 25-storey open central atrium with climbing vines provides natural ventilation and diffused light, creating a humanised communal space. Three sky gardens at different levels offer varied experiences throughout the day.
Vertical Gardens
Lifestyle and Wellness
Building Services
Premium Finishes (Standard in Units)
Why BKK1?
BKK1 (Boeung Keng Kang 1) is Phnom Penh’s most established and prestigious address. The district has become a destination where business deals are struck, where friends lunch, and with its wide choice of schools, a place for families to live, work and play. Embassy Central sits on Street 352, in the heart of this walkable, café-lined neighbourhood.
Tenant profile: Senior expatriates, embassy staff, corporate executives, international school families
Rental demand: Strongest in Phnom Penh – established tenant pool
Key draws: Walkable lifestyle, cafes, restaurants, international schools, embassies
Connectivity: Near Sihanouk and Norodom Boulevards, central to CBD
Approximate Area Map
Embassy Central is located on Street 352, BKK1. Exact pin available on request.
Developer: Urbanland Asia
Embassy Central was developed by Urbanland Asia, with architectural design by HKA. The project has been reported to have received recognition for its innovative approach to high-rise residential design, particularly the vertical garden concept that brings natural elements into urban living.
Holding Costs
Embassy Central has established service charges and management fees. The below are typical estimates – confirm exact figures with building management.
Utilities: Electricity ~$0.25/kWh, Water ~$0.25/m³. Confirm all costs directly before purchase. See our taxes and fees guide for more details.
Unit Types and Pricing
Embassy Central offers a focused selection of 1, 2 and 3-bedroom apartments. All units feature European-brand finishes as standard, including MITON kitchens, DE DIETRICH appliances, DURAVIT bathrooms, and JESSE wardrobes. Premium 3-bedroom units have exclusive access to the Sky Garden on Level 22.
| Unit Type | Size | Price From | Notes |
|---|---|---|---|
| 1 Bedroom | ~63 sqm | ~$185,000 | Open-plan layout |
| 2 Bedroom | 75-103 sqm | ~$199,000 | Strongest demand |
| 3 Bedroom | up to 159 sqm | Premium pricing | Sky Garden access |
Prices vary by floor, orientation, and availability. Request the current availability list for exact figures.
Rental and Yields
Embassy Central’s BKK1 location and premium positioning attract quality tenants willing to pay premium rents. The boutique scale, European finishes, and vertical garden design differentiate it from larger developments.
Purchase price: ~$235,000
Monthly rent: ~$1,300-1,500
Annual rent: ~$15,600-18,000
Gross yield: ~6.6-7.6%
Net yield: ~5-6% (after service charge, management, void)
Rental Demand Drivers
Regional Market Context
How does Cambodia compare to neighbouring markets? For a detailed analysis, see our regional comparison guide.
Mature market, lower yields, ownership restrictions
Prime BKK1, established area, strong tenant pool
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. Conduct independent due diligence.
Can Foreigners Own This?
Yes. Foreign ownership at Embassy Central is available under Cambodia’s 2010 Foreign Ownership Law. All units from the first floor upward are eligible for strata title (hard title) ownership, subject to the 70% foreign quota per building.
Ownership type: Strata title (hard title) – genuine freehold ownership
Eligible floors: First floor and above
Foreign quota: Maximum 70% of building
Requirements: Valid passport
Transfer rights: Can sell, inherit, or transfer freely
Learn more: Strata Title Explained
Is This Right For You?
✓ This suits investors who want:
Prime BKK1 location with established tenant demand. Completed project with zero construction risk. Boutique exclusivity (119 units only). Premium European finishes that attract quality tenants. Innovative design that differentiates from competitors. Hard title foreign ownership.
✗ This may not suit investors who:
Seek lowest entry price (BKK1 commands premium). Want off-plan payment structures. Prefer larger developments with more unit options. Are seeking yields above 8%. May need pet-friendly accommodation (confirm building rules).
Risk and Mitigations
→ Boutique scale means fewer units available. Units come to market via resale or occasional developer releases. Early enquiry recommended.
→ Yields are estimates based on BKK1 comparables. Actual returns depend on unit selection, furnishing, and tenant quality.
→ BKK1 has strongest resale demand in Phnom Penh. Premium pricing may extend sale timeline. See our exit strategy guide.
→ Completed 2019 – now 6+ years old. Review sinking fund status and maintenance history before purchase.
→ Independent lawyer review recommended before signing. Use our due diligence checklist.
→ Budget for transfer fees, taxes, and ongoing costs. See our taxes and fees guide.
Frequently Asked Questions
Can foreigners buy at Embassy Central?
Yes. Foreigners can purchase strata title units under Cambodia’s 2010 Foreign Ownership Law. Units from the first floor upward are eligible, subject to the 70% foreign quota. Learn more about strata title ownership.
What is the entry price at Embassy Central?
One-bedroom units start from approximately $185,000. Two-bedroom units from around $199,000. Prices vary by floor, orientation, and current availability. Request the latest availability for exact figures.
What rental yield can I expect?
Indicative gross yields of 6-7% based on BKK1 comparables. Net yields typically 5-6% after service charges, management fees, and void allowance. BKK1’s established tenant pool supports reliable occupancy. See our rental management guide for more details.
Is Embassy Central completed?
Yes. Embassy Central was completed in 2019 and has been fully operational for over 5 years. This eliminates construction risk and provides established occupancy and rental track record.
What makes Embassy Central different?
Three key differentiators: (1) The 25-storey vertical garden concept with central atrium of climbing vines creates a unique living environment; (2) European-brand finishes (MITON, DE DIETRICH, DURAVIT, JESSE) throughout all units; (3) Boutique scale of just 119 units provides exclusivity and community.
How do I manage the property remotely?
IPS Cambodia provides on-site management services. Most investors use local property management companies charging 8-12% of rent. Read our property management guide for what to expect.
What due diligence should I do?
For completed projects: verify title status, review service charge history, check sinking fund balance, and confirm all costs before purchase. Use our due diligence checklist and consider independent legal advice.
Are pets allowed at Embassy Central?
Building rules may restrict pets – confirm current policy with management before purchase. If pet-friendly accommodation is important, we can suggest alternative developments.
How do I exit or sell my investment?
You can sell to other foreigners or Cambodians. BKK1 has the strongest resale demand in Phnom Penh due to its established reputation and tenant pool. See our exit strategy guide for liquidity factors and pricing considerations.
What is the parking situation?
Embassy Central has six basement levels of parking – one of the most generous provisions in BKK1. This is a significant advantage for both residents and tenants in a district where parking is typically limited.
Exit Strategy Options
Investor Essentials (Foreign Buyers)
Explore Similar Projects
Important Disclaimers
- Prices: Indicative and subject to change. Confirm current availability.
- Yields: Gross estimates of 6-7%. Net lower after costs.
- Foreign ownership: Per 2010 law, subject to 70% quota.
- Due diligence: Independent legal and financial advice recommended.
Last verified: January 2026. Subject to change.
Interested in Embassy Central?
Get current availability, floor plans, pricing confirmation, and foreign ownership eligibility details for this boutique BKK1 development. Our team responds within 24 hours.
Development Details
| Developer | Urbanland Ltd Cambodia |
| Property Type | Apartment |
| Location | BKK1 (Boeung Keng Kang 1) |
| Total Units | 119 |
| Price Range | $150,000 - $600,000 |
| Expected Completion | Q4 2018 |
| Current Status | Completed |
| Posted Date | November 24, 2025 |
| Development ID | #270 |
