About This Development
UK Condo 548 | 31-Storey Toul Kork Condo
31-storey condominium in Toul Kork by UK Condo & Property Co. 414 units from studio to 1-bed (28-41 sqm). Foreign ownership in Cambodia (strata title) eligible. Completed Q4 2020.
Project Overview
Pricing, yields, and availability are indicative. Confirm current status with the sales team.
UK Condo 548 is a completed 31-storey condominium in Boeung Kak 1, Toul Kork. Developed by UK Condo & Property Co., this project offers one of the most accessible entry points into Phnom Penh’s condo market for foreign investors seeking yield-focused exposure rather than luxury capital appreciation plays.
With 414 compact studio and 1-bed units, strong rental catchment from nearby universities and young professionals, and foreign-eligible strata title, UK Condo 548 suits investors prioritising monthly cash flow and high occupancy over premium finishes.
Who rents here: Students, young professionals, entry-level expats, couples seeking modern affordable housing in a well-connected district.
Deal Pack (Verified Docs) – click to view what you’ll receive
- Current availability + pricing (resale units by floor)
- Payment terms (if applicable for resale)
- Rental assumptions + Toul Kork 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
UK Condo 548 provides the core amenities expected for mid-market rental appeal. Facilities are designed to meet tenant expectations without premium extras, supporting strong occupancy in the affordable segment.
Rooftop Level
Building Services
Why Toul Kork?
Toul Kork is one of Phnom Penh’s most popular residential and investment districts for foreign and local renters. The area combines strong rental demand, mature infrastructure, and excellent connectivity to the city centre, making it a proven ecosystem for rental conversion.
Tenant profile: Students, young professionals, couples, entry-level expats
Rental demand: Strong and consistent – one of Phnom Penh’s busiest rental zones
Key draws: Universities, language schools, hospitals, TK Avenue Mall
Connectivity: Good road network to CBD, retail hubs, and services
Location Map
Approximate area map. UK Condo 548 is located on Street 548 in Boeung Kak 1, Toul Kork district. Request the exact building pin for precise location.
Developer: UK Condo & Property Co.
UK Condo & Property Co., Ltd specialises in value-oriented high-rise condominiums within Phnom Penh aimed at foreign and local investors alike. The company emphasises affordability, efficient layouts, and foreign-ownership structures for the mid-market segment.
Holding Costs
Annual holding costs for UK Condo 548 are typical for the mid-market segment. These costs should be factored into your net yield calculations.
See our taxes and fees guide for full breakdown.
Unit Types and Layouts
UK Condo 548 focuses on compact studio and 1-bedroom units optimised for rental demand. Smaller unit sizes reduce purchase cost and enable higher percentage yields.
| Unit Type | Size | Price Range | Notes |
|---|---|---|---|
| Studio | 28-35 sqm | ~$58,000-65,000 | Entry-level, ideal for singles and rentals |
| 1 Bedroom | 40-41 sqm | ~$70,000-75,000 | Larger footprint, stronger long-stay appeal |
Pricing indicative – confirm current availability and pricing with our team.
Rental and Yield Potential
UK Condo 548’s compact units in a strong rental catchment may achieve competitive percentage yields. The project suits investors seeking occupancy-focused returns in the mid-market segment.
Yield Drivers
Tenant pool includes students, university staff, entry-level expats, and young professionals. Toul Kork infrastructure continues to support rental demand in the area.
Indicative Gross Yields
Gross yields in the ~6-8% range are sometimes achievable for well-priced, well-furnished units, depending on occupancy and costs. Net yields are lower after service charge, management, voids, and tax.
Regional Comparison
How does Cambodia compare to other Southeast Asian markets? For yield-focused investors, Cambodia offers compelling fundamentals. See our full comparison guide.
Foreign Ownership in Cambodia
Yes, foreigners can legally own condominiums in Cambodia via strata title. For foreigners, ownership is via strata title (a form of hard title for eligible condo units above ground floor). UK Condo 548 offers strata title units eligible for foreign ownership.
Key points:
- Foreign quota: Up to 70% of building can be foreign-owned
- Ground floor: Reserved for Cambodian nationals
- Title type: Strata title (hard title) – full ownership rights
- Inheritance: Can be passed to heirs
- Resale: Can sell to other foreigners or Cambodians
Who Is This For?
Good Fit
Yield-focused investors seeking accessible entry into Phnom Penh. Those prioritising monthly cash flow over luxury finishes. Investors comfortable with mid-market positioning. Budget-conscious buyers wanting foreign-eligible freehold under $75k.
Not Ideal For
Those seeking premium luxury finishes or flagship status. Investors focused primarily on capital appreciation. Buyers wanting larger 2-3 bed family units. Those requiring BKK1 or prime CBD location.
Risk Considerations
Secondary market still developing. Exit may take longer than mature markets. Exit strategy guide β
414 units means competition for tenants. Quality furnishing and competitive pricing important for occupancy.
Not luxury product. Capital appreciation potential may be limited compared to prime districts.
Completed 2020. Check current condition and maintenance standards before purchase.
See our due diligence checklist for what to verify.
Frequently Asked Questions
Can foreigners buy at UK Condo 548?
Yes. UK Condo 548 offers strata title (hard title) units eligible for foreign ownership. This is full ownership, not leasehold. Up to 70% of the building can be foreign-owned per Cambodia’s 2010 foreign ownership law.
What’s the expected rental yield?
Indicative gross yields of ~6-8% are sometimes achievable based on Toul Kork comparables for well-priced, well-furnished units. Actual yields depend on unit type, floor, furnishing quality, occupancy, and tenant mix. Net yields will be lower after holding costs and management fees. See our rental management guide for more details.
What price should I expect to pay?
Studios start from approximately $58,000 (28 sqm) and 1-beds from approximately $70,000 (40-41 sqm). Final pricing depends on floor, view, and current availability. Contact us for the latest pricing and available units.
Is the building already completed?
Yes. UK Condo 548 was completed in Q4 2020 and is ready for immediate occupancy. This means no construction risk and you can begin rental programs immediately after purchase.
How do I manage the property remotely?
Most investors use local property management companies charging 8-12% of monthly rent. We can recommend trusted partners in Phnom Penh. Read our property management guide for what to expect.
What due diligence should I do?
Verify title status, check building condition, review service charge history, and confirm foreign quota availability. For completed buildings, also inspect actual unit condition. Use our due diligence checklist and consider independent legal advice.
What are the annual holding costs?
Expect service charges around $0.50-0.80/sqm/month, plus 0.1% annual property tax on values over $25k. Management fees (if used) add 8-12% of rent. For a 30sqm studio, total holding costs are approximately $250-400/year excluding management. See our taxes and fees guide for full breakdown.
How do I exit or sell my investment?
You can sell to other foreigners or Cambodian nationals. The resale market is developing but less liquid than mature markets. Pricing competitively and patience may be required. See our exit strategy guide for liquidity factors and pricing considerations.
Who are the typical tenants?
Students from nearby universities (Paragon, PaΓ±Γ±ΔsΔstra), young professionals, entry-level expats, and couples seeking modern affordable housing. Toul Kork has strong demand from these demographics due to its location and amenities.
Is Toul Kork a good investment location?
Yes. Toul Kork offers proven rental demand, good infrastructure, and strong tenant turnover. It’s one of Phnom Penh’s busiest rental districts. While not premium like BKK1, it provides solid fundamentals for yield-focused strategies. See our Toul Kork area guide for more details.
Exit Strategy Options
Investor Essentials (Foreign Buyers)
Explore Similar Projects
Important Disclaimers
- Prices: Indicative and subject to change.
- Yields: Gross estimates (indicative). Net lower after costs and voids.
- Foreign ownership: Per 2010 law, subject to quota.
- Due diligence: Independent advice recommended.
Last updated: January 2026. Subject to change.
Ready to Invest in UK Condo 548?
Get current availability, pricing, and rental comparables for this yield-focused Toul Kork condo. Foreign ownership eligible via strata title.
Development Details
| Developer | UK Condo & Property Co. |
| Property Type | Apartment |
| Location | Phnom Penh |
| Total Units | 414 |
| Price Range | $58,000 - $75,000 |
| Expected Completion | Q4 2020 |
| Current Status | Completed |
| Posted Date | November 23, 2025 |
| Development ID | #262 |