Parc 21 Residence | 22-Storey Boeung Trabek Condo for Sale
Developer: JV Parc Residence Co., Ltd.
About This Development
Parc 21 Residence is a completed 22-storey condominium in Boeung Trabek, Chamkarmon, Phnom Penh. 128 residential units from studio to 3-bed penthouse (37-211 sqm). All units include balconies. Rooftop amenities with infinity pool, jacuzzi, gym, garden, and skybar. Hard title, foreign ownership eligible. Near Monivong Boulevard and Mao Tse Toung Boulevard. Completed December 2022.
A completed condo for sale in Boeung Trabek, Chamkarmon, Phnom Penh, with hard title (strata) eligibility for foreign buyers (subject to quota). Pricing based on market listings – verify all details independently before purchase.
Parc 21 Residence Overview (Boeung Trabek, Chamkarmon)
Parc 21 Residence is completed and operational since December 2022. All pricing is POA – contact us for current availability and pricing.
Parc 21 Residence is a completed 22-storey condominium in Boeung Trabek, Chamkarmon – a Tier 2 district rapidly gaining favour among expatriates and locals for its lower costs and central convenience. Developed by JV Parc Residence Co., Ltd., this foreign ownership eligible project (hard title / strata) offers 128 units from studio to 3-bed penthouse (37-211 sqm), all with balconies. Completed December 2022, the building eliminates all construction risk. Boeung Trabek sits between Monivong Boulevard and Mao Tse Toung Boulevard, providing strong road connectivity to BKK1, Daun Penh, and major retail destinations. The area is increasingly popular with cost-conscious expatriates who prefer larger units at lower price points than neighbouring BKK1.
Who rents here: Expatriates seeking value, young professionals, local families. Boeung Trabek attracts tenants priced out of BKK1 who still want Chamkarmon’s central location and walkable lifestyle.
Deal Pack (Verified Docs) – click to view what you’ll receive
- Available units + current stock (by floor and type)
- Current price list (by unit type)
- Rental assumptions + area comps
- Floor plans (studio, 1-bed, 2-bed, penthouse)
- 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
All lifestyle amenities are located on the rooftop deck, offering panoramic views of Phnom Penh’s skyline. Every residential unit includes a private balcony.
Rooftop & Wellness
Building Services
Why Boeung Trabek?
Boeung Trabek is in the south-central part of Chamkarmon district – a Tier 2 location increasingly popular with expatriates and locals for its lower costs, larger units, and central convenience. The area sits between Monivong Boulevard (north-south artery) and Mao Tse Toung Boulevard (east-west artery), providing excellent road connectivity across Phnom Penh.
Tenant profile: Cost-conscious expats, young professionals, local families
Rental demand: Growing – tenants priced out of BKK1
Key draws: Lower costs, larger units, central location, vibrant community
Connectivity: Monivong Blvd + Mao Tse Toung Blvd, easy access to BKK1 and CBD
Location Map
Approximate area map (Boeung Trabek, Chamkarmon). Two streets from Monivong Boulevard. Distances are estimates.
Developer: JV Parc Residence Co., Ltd.
JV Parc Residence Co., Ltd. developed and delivered Parc 21 Residence in December 2022. The project was completed on schedule and is fully operational with residents. Limited public information is available about the developer’s broader portfolio – verify developer background independently.
Annual Holding Costs
Understanding ongoing costs is essential for accurate yield calculations. Parc 21 includes property management services.
Unit Types & Pricing
Parc 21 Residence offers 128 units across five configurations, from compact studios to spacious 3-bed penthouses. All units include balconies and modern minimalist finishes.
Detailed Unit Types
| Type | Beds | Size | Price | Notes |
|---|---|---|---|---|
| Studio | Studio | 37 sqm | POA | Entry level |
| 1-Bedroom | 1 Bed | 42 sqm | POA | Apartment |
| 2-Bedroom | 2 Bed | 78 sqm | POA | Apartment |
| 2-Bed Penthouse | 2 Bed | 91-94 sqm | POA | Penthouse level |
| 3-Bed Penthouse | 3 Bed | 211 sqm | POA | Premium penthouse |
Note: All pricing is POA (price on application). Contact us for current availability. Unit count source lists 128 units (project overview). All units include balconies. Floors 2-22.
Rental & Yields
Boeung Trabek’s rental market is driven by expatriates seeking value compared to neighbouring BKK1, young professionals, and local families. The area’s lower price points attract tenants who want Chamkarmon’s central location without BKK1’s premium pricing.
Tenant profile: Cost-conscious expats, young professionals, local families
Market position: Tier 2 pricing with Tier 1 accessibility
Demand drivers: Tenants priced out of BKK1, growing F&B and retail scene
Yields: TBC – contact us for current rental assumptions and comps
Boeung Trabek is an emerging rental market. Yields depend on unit type, pricing achieved, and tenant demand. Independent verification recommended.
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
Indicative benchmark ranges for prime CBD new-builds (varies by building and micro-area). Sources: DDProperty, dotproperty.com.vn, Realestate.com.kh. Benchmarks shown for orientation only; verify against current listings for the specific area. Last checked: January 2026. 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 · Lower entry point than BKK1 · Chamkarmon location with strong road access · Range of unit sizes (studio to penthouse) · Hard title foreign ownership · Growing Tier 2 neighbourhood with upside potential
✗ This may not suit investors who:
Need BKK1’s established expat premium · Want a large developer with extensive track record · Require detailed pricing upfront (POA) · Need proven rental yield data before committing · Are uncomfortable with Tier 2 location risk
Risk & Mitigations
→ Boeung Trabek is not BKK1. Lower rental premiums and less established expat demand. Mitigated by lower entry price and growing area reputation.
→ Limited public information about JV Parc Residence Co., Ltd. beyond this project. Mitigated by completed delivery (Dec 2022) – the building exists and is operational.
→ No published pricing makes comparison difficult. Request full price list and compare against Chamkarmon comps before committing.
→ Tier 2 locations typically have slower resale markets than BKK1. Budget for longer holding periods. Cambodia’s secondary market is still maturing.
→ Independent lawyer review recommended. Review SPA, strata title docs, management obligations, indicative transfer tax (~4% – confirm with lawyer). See taxes & fees guide
Frequently Asked Questions
Can foreigners buy at Parc 21 Residence?
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.
Is Parc 21 Residence completed?
Yes. Completed and operational since December 2022. Zero construction risk. Units available for immediate occupancy or rental.
What unit types are available?
128 units across five types: studios (37 sqm), 1-bed apartments (42 sqm), 2-bed apartments (78 sqm), 2-bed penthouses (91-94 sqm), and 3-bed penthouses (211 sqm). All units include balconies. See due diligence checklist.
What is the price?
Pricing is POA (price on application). Contact us for current availability and pricing across all unit types. The developer has indicated a 10% deposit ratio.
Who is the developer?
JV Parc Residence Co., Ltd. The project was completed on schedule in December 2022. Limited public information is available about the developer’s broader portfolio – conduct independent background checks. See developer track record guide.
What amenities does Parc 21 have?
All lifestyle amenities on the rooftop: infinity pool, jacuzzi, gym/fitness centre, garden, and skybar. Building services include underground parking, backup power, 24/7 security with CCTV, fire alarm and sprinkler systems, reception, and property management.
Where exactly is Boeung Trabek?
Boeung Trabek is in the south-central part of Chamkarmon district, Phnom Penh. It sits between Monivong Boulevard and Mao Tse Toung Boulevard. Near AEON Mall 1, Chip Mong Noro Mall, Russian Market, and NagaWorld. A Tier 2 location with lower costs than neighbouring BKK1 but strong road connectivity. See Phnom Penh areas guide.
Is Parc 21 Residence on hard title?
Yes. Hard title (strata title) ownership for foreign buyers above ground floor, subject to the building quota. Full freehold ownership under Cambodian co-owned building law. See strata title guide.
Where is Parc 21 Residence in Phnom Penh?
Parc 21 Residence is in Boeung Trabek, Chamkarmon district – south-central Phnom Penh. The project is two streets from Monivong Boulevard (north-south artery) and close to Mao Tse Toung Boulevard (east-west artery). Nearby landmarks include AEON Mall 1, Chip Mong Noro Mall, and Russian Market (Toul Tompoung). Chamkarmon’s Tier 2 locations offer lower costs than neighbouring BKK1 with strong road connectivity. See Phnom Penh areas guide.
Parc 21 Residence price per sqm: how to compare fairly?
Pricing is POA (price on application). To compare fairly, request the full price list and calculate the $/sqm for each unit type. Compare against other completed Chamkarmon condos and BKK1 new-builds (~$2,500-3,500/sqm). Boeung Trabek is a Tier 2 location, so pricing should be below BKK1 benchmarks. Always compare like-for-like: completed vs off-plan, same bedroom count, similar floor level. See due diligence checklist.
Exit Strategy Options
Investor Essentials (Foreign Buyers)
Explore Similar Projects
Important Disclaimers
- Prices: POA – contact for current pricing.
- Yields: TBC – verify with rental comps.
- 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.
Interested in Parc 21 Residence?
Completed 22-storey condo in Boeung Trabek, Chamkarmon. Zero construction risk, hard title foreign ownership, rooftop amenities with infinity pool and skybar. Get the full deal pack with available units, pricing, floor plans, and area rental comps.
Development Details
| Developer | JV Parc Residence Co., Ltd. |
| Property Type | Apartment |
| Location | Chamkar Mon |
| Total Units | 128 |
| Expected Completion | 2022 |
| Current Status | Completed |
| Posted Date | February 14, 2026 |
| Development ID | #969 |
