Is Norea Square the Next Big Investment Opportunity in Koh Norea?

As Phnom Penh continues expanding eastward and southward, Koh Norea is rapidly emerging as one of the city's most exciting new urban destinations. Once a relatively quiet riverside area, the district is now transforming into a major lifestyle, business, and investment hub, supported by large-scale infrastructure, master-planned development, and one of Cambodia's most reputable developers.

At the heart of this transformation is Norea Square Condominium, a newly launched riverside residential development by OCIC, offering buyers an opportunity to own property in one of Phnom Penh's fastest-growing neighborhoods.

General Information about Norea Square

Norea Square Condominium is part of the larger 125-hectare Koh Norea Satellite City, a master-planned urban development designed to redefine modern living along Phnom Penh's riverfront.

The development features a 27-storey residential tower with thoughtfully designed facilities and layouts to accommodate a variety of lifestyles.

Project highlights include:

• 1st Floor: Grand Reception Lobby
• 2nd–5th Floors: Parking Facilities
• 6th Floor: Clubhouse with Swimming Pool, Fitness Center, and Sauna
• 7th–25th Floors: Residential Apartments
• Rooftop: Sky Garden with panoramic city and river views

The project offers one-bedroom to three-bedroom residences ranging from 49.06 sqm to 146.62 sqm, making it suitable for young professionals, families, owner-occupiers, and investors alike.

All units come with hard title ownership, providing buyers with secure and legally recognized property ownership.

Prices start from just USD 60,000, and buyers can benefit from flexible financing options. One option requires only a 10–20% down payment, with the remaining balance payable over up to 30 months through interest-free installments.

Alternatively, buyers may choose to finance their purchase directly through Canadia Bank, part of the OCIC Group. This loan option offers a repayment term of up to 25 years and also includes an initial 30-month interest-free period as well. 

Why Koh Norea Is Becoming Phnom Penh’s Most Talked-About District

Over the past few years, Koh Norea has evolved from an overlooked riverside area into one of Phnom Penh's most promising development zones.

Strategically located between the Mekong and Bassac Rivers, the district enjoys exceptional waterfront views, abundant open spaces, and a master-planned environment that is becoming increasingly rare in the capital's established neighborhoods.

Thanks to the newly completed Koh Norea Bridge, residents can easily access key destinations across Phnom Penh. Major areas such as BKK1, Diamond Island (Koh Pich), Chbar Ampov, Bassac Lane, and the Independence Monument are all within approximately 10 minutes' drive, offering the perfect balance between connectivity and a more spacious living environment.

READ MORE: Norea City: Phnom Penh's New Favorite Area

Unlike many mature districts where land availability is becoming increasingly limited, Koh Norea still offers room for large-scale urban planning, modern infrastructure, and future growth. This combination has attracted both homebuyers and investors seeking long-term capital appreciation.

The district is also developing into a vibrant lifestyle destination. Its 4-kilometer riverside promenade has become one of Phnom Penh's newest attractions, drawing residents and visitors for cycling, jogging, riverside walks, picnics, and sunset views of the city skyline.

New restaurants, cafés, retail outlets, family entertainment venues, and community spaces continue to open throughout the area, contributing to the district's growing popularity and livability.

As infrastructure, commercial activity, and population growth continue to accelerate, Koh Norea is widely regarded as one of Phnom Penh's strongest emerging investment locations.

Developed by OCIC: One of Cambodia’s Most Trusted Developers

Behind the Koh Norea transformation is Overseas Cambodian Investment Corporation (OCIC), one of Cambodia's largest and most influential development groups.

OCIC has built a reputation for delivering large-scale infrastructure projects, integrated communities, and landmark developments that have significantly shaped Phnom Penh's urban landscape.

Check out Diamond Bay Garden, located in Koh Pich, developed by OCIC here. 

The company has played a key role in the development of:

• Techo International Airport
• Techo Flyover
• Olympia City
• Koh Pich (Diamond Island)
• Chroy Changvar Satellite City
• Koh Norea Satellite City
• Koh Norea Bridge
• Diamond Bay Garden

Beyond real estate, OCIC operates across multiple sectors, including infrastructure, construction, transportation, finance, and urban development, reflecting its long-term commitment to Cambodia's modernization.

With decades of experience and a proven track record of successful developments, OCIC continues to be one of the most recognized and trusted names among local and international property buyers.

Who Is Norea Square Suitable For?

Norea Square appeals to several types of buyers.

For homebuyers, it offers modern riverside living in a peaceful environment while maintaining quick access to Phnom Penh's city center.

For investors, the project presents an opportunity to enter a rapidly developing district at an early stage, with strong potential for long-term capital appreciation as Koh Norea continues to mature.

For first-time condominium buyers, the relatively accessible pricing, hard title ownership, and flexible payment options make it an attractive entry point into Phnom Penh's property market.

To sum up the project information

• Project: Norea Square Condominium
• Developer: OCIC (Overseas Cambodian Investment Corporation)
• Location: Koh Norea Satellite City, Phnom Penh
• Ownership: Hard Title
• Unit Types: 1 to 3 Bedrooms
• Unit Sizes: 49.06 sqm – 146.62 sqm
• Building Height: 27 Floors
• Starting Price: From USD 60K
• Payment Plan: There are 2 payment options available, 

           >> 10-20% Down Payment + Up to 30 months interest-free installments
           >> Direct Loan with Canadia Bank +  Up to 30 months interest-free installments (Eligible for both foreigners and local buyers) 

As Koh Norea continues its transformation into Phnom Penh's next major urban district, Norea Square represents one of the earliest opportunities to secure a home or investment in a location that is increasingly attracting attention from both local and international buyers. 

If you’re interested in Norea Square Condominium, feel free to contact us at Realestate.com.kh, the top real estate agency here in Cambodia today!