About This Development
One70 | 37-Storey Daun Penh Condo
37-storey completed condo in Daun Penh by New Moment Real Estate. Approximately 793 units from studio to 2-bed (37-92sqm), commonly sold furnished. Foreign ownership in Cambodia (strata title) eligible. Ready for occupation.
Project Overview
Pricing, yields, and timelines are indicative until confirmed in the latest sales pack.
Completed building with resale inventory. Listed in our off-plan directory for consistency across Phnom Penh developments.
One70 is a completed 37-storey high-rise condo in Daun Penh, near Phnom Penh’s historic and commercial core. Developed by New Moment Real Estate, the project offers approximately 793 units (commonly sold furnished) with extensive shared facilities including a rooftop pool, sky bar, and gym. Its location near the French Embassy area and Calmette Hospital makes it well-positioned for expat professionals, embassy staff, and medical workers seeking central city living.
Who rents here: Expat professionals, NGO workers, embassy staff, hospital workers, young Cambodian professionals seeking urban convenience.
Deal Pack (Verified Docs) – click to view what you’ll receive
- Current availability + pricing (resale units by floor)
- Payment terms (for available units)
- Rental comparables (Daun Penh market data)
- Floor plans and unit layouts
- Foreign ownership eligibility summary (hard title)
- SPA checklist (what to confirm with lawyer)
- View available units and pricing
- Select unit and confirm terms with agent
- Pay deposit (amount TBC)
- Lawyer review of SPA
- Complete payment and title transfer
- Receive keys and hard title
Start with our comprehensive guides covering foreign ownership rules, due diligence, and buying remotely.
Read the Foreign Buyer Guides →Amenities
One70 offers extensive facilities designed for vertical community living, with amenities concentrated on the rooftop level and throughout the building.
Sky Club – Rooftop
Wellness
Building Services
Why Daun Penh?
Daun Penh is Phnom Penh’s historic and commercial core, home to government offices, banks, embassies, and major landmarks like Central Market and the Riverside. One70 sits on Street 70, just off Monivong Boulevard, behind the French Embassy and near Calmette Hospital – making it one of the most recognisable addresses in the city.
Tenant profile: Embassy staff, NGO workers, hospital professionals, expat managers
Rental demand: Stable – driven by proximity to CBD workplaces
Key draws: French Embassy, Calmette Hospital, Eden Garden Mall, PPCC
Connectivity: Monivong Boulevard access, 25 mins to airport
Location Map
Approximate area map – contact us for exact location details.
Approximate area map. Request the exact building pin for precise location.
Developer: New Moment Real Estate
New Moment Real Estate Development Co., Ltd. is the developer behind One70. The company positions itself as delivering modern urban living solutions for Phnom Penh’s growing middle class and expat community.
Developer Track Record
Developer track record should be verified independently. We recommend checking company registration and speaking with existing owners.
Annual Holding Costs
Understanding ongoing costs is essential for accurate yield calculations.
Unit Types and Pricing for One70 Condo for Sale in Phnom Penh
One70 offers a range of compact urban units from studios to 2-bedroom layouts, commonly sold furnished with appliances (verify availability). Sizes range from approximately 37sqm to 92sqm.
Unit Types Available
| Type | Beds | Size Range | Price | Notes |
|---|---|---|---|---|
| Studio | Studio | 37-38sqm | TBC | Compact layout |
| 1 Bedroom | 1 Bed | 50-58sqm | TBC | Open-plan living |
| 2 Bedroom | 2 Bed | 65-85sqm | TBC | Standard layout |
| 2+1 / Duplex | 2 Bed | ~92sqm | TBC | Duplex style |
Note: Prices vary by floor and availability. Request current availability list for confirmed figures.
Rental and Yields
Daun Penh attracts a steady tenant base of expat professionals, embassy staff, and hospital workers. One70’s proximity to the French Embassy and Calmette Hospital creates consistent rental demand from these sectors.
Gross rent (1-bed ~55sqm): ~$550-700/month (indicative)
Annual gross rent: ~$6,600-8,400
Purchase price: TBC
Indicative gross yield: ~5-7%
Net yield lower after costs. Actual rents depend on floor, furnishing, and market conditions.
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: Cambodia vs Thailand vs Vietnam Property →
Mature market, lower yields, higher entry barrier
Emerging market, higher 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 and lower liquidity – conduct independent due diligence.
Can Foreigners Own This?
Yes. Foreign ownership in Cambodia (strata title) is available under the 2010 Foreign Ownership Law. Units from the first floor upward are eligible, subject to the 70% foreign quota.
Ownership type: Hard title (strata 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: Foreign Ownership Guide · Strata Title Explained
For foreign buyers, ownership is via strata title (a form of hard title for eligible condo units above ground floor).
Is This Right For You?
✓ This suits investors who want:
A completed unit in a central location with no construction risk. Proximity to embassies, hospitals, and CBD workplaces. Full hard title ownership. A high-density building with extensive amenities. Competitive entry pricing versus premium BKK1 locations.
✗ This may not suit investors who:
Prefer low-density, boutique developments. Want quiet suburban surroundings rather than urban core living. Seek ultra-luxury finishes and premium positioning. Prefer newer off-plan projects with potential pre-completion gains. Require extensive outdoor private space.
Risk and Mitigations
793 units means high supply within building. Mitigated by central location and diverse tenant base (embassy, hospital, CBD workers).
Conservative projections based on Daun Penh comps with 1-month void assumption. See our rental management guide.
Resale market developing. Realistic 3-6 month sale timeline expected. See our exit strategy guide.
Independent lawyer review recommended before signing SPA. Use our due diligence checklist.
Account for transfer taxes, service charges, and management fees. See our taxes and fees guide.
Large building requires professional management. Verify current management company and service levels before purchase.
Frequently Asked Questions
Can foreigners buy at One70?
Yes. Foreigners can purchase hard title (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.
Is One70 completed?
Yes. One70 is a completed project with units available for occupation or rental once purchase transfer, furnishing status, and management setup are confirmed.
What is the estimated rental yield at One70?
Indicative gross yields of 5-7% based on Daun Penh comparables. Actual yields depend on unit type, floor, furnishing, and market conditions. See our rental management guide for more details.
What are the holding costs at One70?
Ongoing costs include service charge (TBC – contact for current rates), property tax (0.1% annually on value above $25k), and optional management fees (8-12% if using an agent). See our taxes and fees guide for comprehensive information.
How do I manage the property remotely?
Most investors use local property management companies (8-12% of rent). We can recommend trusted partners. Read our property management guide for what to expect.
What due diligence should I do?
Verify title status, check building management, and review contract terms. Use our due diligence checklist and consider independent legal advice.
How do I exit or sell my investment?
You can sell to other foreigners or Cambodians. The resale market is developing – see our exit strategy guide for liquidity factors and pricing considerations.
What is the location like?
One70 sits on Street 70 in Daun Penh, behind the French Embassy and near Calmette Hospital. The area is urban with busy main roads but offers excellent access to CBD workplaces, embassies, and Eden Garden Mall. See our Daun Penh guide for more details.
Is One70 good value compared to BKK1?
Daun Penh typically offers lower entry prices than premium BKK1 locations while still providing central city access. For budget comparisons, see our $125k budget guide.
Exit Strategy Options
Investor Essentials (Foreign Buyers)
Explore Similar Projects
Important Disclaimers
- Prices: Indicative and subject to change.
- Yields: Gross estimates. Net lower after costs.
- Foreign ownership: Per 2010 law, subject to quota.
- Due diligence: Independent advice recommended.
Last updated: January 2026. Subject to change.
Ready to Invest in One70?
Get current availability, pricing, and answers to your questions about this completed Daun Penh condo. Full foreign ownership eligibility with hard title.
Development Details
| Developer | New Moment Real Estate Development Co. |
| Property Type | Apartment |
| Location | Phnom Penh |
| Total Units | 793 |
| Price Range | $55,000 - $117,000 |
| Expected Completion | Q4 2024 |
| Current Status | Completed |
| Posted Date | November 23, 2025 |
| Development ID | #251 |