About This Development
Victory Bay | Ocean-Facing Condo Near Victory Beach, Sihanoukville
Victory Bay Sihanoukville ocean-view condo is an ocean-facing development near Victory Beach by Victory Bay Development Co Ltd. Studio to 2-bed units (28-90 sqm). Foreign ownership eligible (strata title, subject to quota). Under development – estimated completion post-2026.
This page refers to the Victory Bay development in the Victory Beach area (not to be confused with other projects using a similar name in Sihanoukville). All pricing, yields, unit counts and timelines are developer-reported/indicative unless verified independently. Confirm the official project name and details in the deal pack.
Project Overview
Pricing, yields, and availability are indicative until confirmed in the latest developer pack. Sihanoukville market conditions may significantly impact returns.
Victory Bay is an ocean-facing condominium in Sihanoukville‘s Victory Beach corridor by Victory Bay Development Co Ltd. Multi-tower development featuring studios to 2-bed apartments with sea views, positioned near the port zone and improving beachfront infrastructure. Victory Beach condo investment. Foreign ownership is available via strata title (subject to quota).
Potential tenant profile: Long-stay expats, port workers, seasonal tourists, and business travellers. Note: rental demand is closely tied to Victory Beach’s redevelopment timeline and Sihanoukville market conditions.
Deal Pack (Verified Docs) – click to view what you’ll receive
- Current price list + availability (by unit type and floor)
- Payment terms + construction timeline
- Rental assumptions and market context (Sihanoukville comparables)
- Floor plans and unit schedule
- Foreign ownership eligibility summary (strata title / hard title; subject to quota + eligible floors)
- SPA checklist (what to confirm with your lawyer)
Amenities
Lifestyle
Building Services
Why Victory Beach?
Sihanoukville is Cambodia’s primary coastal city and deep-water port. Victory Bay condominiums Sihanoukville are positioned within the Victory Beach corridor, one of Sihanoukville’s improving residential and lifestyle zones for ocean-view condo buyers.
Market position: Improving coastal district with port employment base
Infrastructure: New expressway to Phnom Penh (completed), beachfront upgrades ongoing
Tourism: Growing hospitality activity – recovery timeline uncertain
Key driver: Port expansion, expat rental base, lower density than other districts
Location Map
Approximate area map (Victory Beach area, Sihanoukville). Request the exact site pin in the deal pack.
Developer: Victory Bay Development Co Ltd
Victory Bay Development Co Ltd focuses on coastal investments and mid-rise residential developments targeting strong rental markets. Verify developer structure and track record in the deal pack.
Developer Profile
Independent due diligence is recommended. See our developer verification guide.
Unit Types and Sizes
Studio (28-35 sqm)
From ~$52,000. Popular entry-level coastal investment with strong short-term rental potential.
One Bedroom (45-55 sqm)
From ~$79,000. Consistently strong long-term rental demand. Good balance of space and value.
Two Bedroom (70-90 sqm)
From ~$130,000. Suited for families, expats, and long-stay tenants seeking more space.
Dual Key (60-75 sqm)
High flexibility for split rental income – can function as two separate lettable units.
Holding Costs
Rental and Yields
Yield Drivers
Affordable entry pricing, sea views, port employment base, expressway connectivity, Victory Beach redevelopment, diverse unit mix including dual key.
Yield Risks
Off-plan construction risk, tourism recovery timeline uncertain, oversupply concerns, market volatility, management dependency.
Studio: ~$300-450/month (long-term)
1 Bedroom: ~$500-700/month (long-term)
2 Bedroom: ~$700-1,000/month (long-term)
Indicative gross yield: ~7-10% based on coastal comparables
Net yield lower after costs. Post-completion market conditions may vary significantly.
Rental management guide (Phnom Penh focus, principles apply)
Can Foreigners Own This?
Yes. Eligible strata-title (hard title) units above ground floor may be foreign-owned, subject to the building’s foreign ownership quota. Confirm quota status and eligible floors in writing.
Ownership type: Strata title (hard title) – genuine ownership
Eligible floors: Above ground floor (confirm specific floors)
Foreign quota: Max 70% of building
Requirements: Valid passport
Transfer: Can sell, inherit, or transfer
Learn more: Foreign Buyer Guides – Strata Title Explained
Risk and Mitigations
→ Project is under development with post-2026 completion. Verify construction progress before committing.
→ Sihanoukville’s tourism timeline is unclear; rental income may be lower than projections.
→ Large-scale developments have added significant inventory; absorption depends on tourism growth.
→ Prices and rents have fluctuated significantly; capital preservation not guaranteed.
Frequently Asked Questions
Can foreigners own property at Victory Bay?
Yes. Foreign buyers can purchase eligible strata-title (hard title) units above ground floor, subject to the building’s 70% foreign ownership quota. See our strata title guide.
What is the expected rental yield?
Indicative gross yields of 7-10% based on Sihanoukville coastal comparables. Net yields will be lower after management fees and holding costs. See our rental management guide.
When will Victory Bay be completed?
Estimated completion is post-2026 (reported). Confirm current construction status and any delays with us.
Which unit types perform best for rental?
One-bedroom and dual-key units typically offer the strongest rental yields in coastal markets.
Is financing available?
Financing may be available for eligible buyers. Confirm lender, LTV, term, and conditions in writing.
How do I exit/sell my investment?
You can sell to other foreigners or Cambodians. Sihanoukville has a developing resale market. See our exit strategy guide.
Exit Strategy
Read our full exit strategy guide.
Investor Essentials – Guides for Foreign Buyers
Explore Similar Projects
Important Disclaimers
- Prices: Indicative and subject to change.
- Yields: Gross estimates based on coastal comparables. Post-completion market may vary.
- Status: Under development – post-2026 completion (reported).
- Foreign ownership: Per 2010 law, subject to quota.
- Due diligence: Independent advice strongly recommended for off-plan Sihanoukville investments.
Last updated: 20 January 2026. Subject to change.
Ready to Explore Victory Bay?
Secure your off-plan unit in Sihanoukville’s Victory Beach corridor. Affordable entry point with sea views, strata title foreign ownership, and long-term appreciation potential.
Development Details
| Developer | Victory Bay Development Co Ltd |
| Property Type | Apartment |
| Location | Sangkat Buon |
| Total Units | 900 |
| Price Range | $79,000 - $130,000 |
| Expected Completion | 2021 |
| Current Status | Ready |
| Posted Date | January 20, 2026 |
| Development ID | #689 |