3 Bedroom Condo For Sale At Diamond Bay Garden, Tonle Bassac, Phnom Penh
3 Beds
3 Baths
1,830 Sqft
27
Views for last 30 days
About the Property
Positioned in one of Phnom Penh’s most prestigious waterfront developments, this beautifully designed 3-bedroom condominium at Diamond Bay Garden offers an exceptional balance of space, comfort, and investment potential. Located on Koh Pich (Diamond Island), the residence enjoys a prime address at the meeting point of the Mekong, Tonle Sap, and Bassac rivers, placing residents just minutes from th
Positioned in one of Phnom Penh’s most prestigious waterfront developments, this beautifully designed 3-bedroom condominium at Diamond Bay Garden offers an exceptional balance of space, comfort, and investment potential. Located on Koh Pich (Diamond Island), the residence enjoys a prime address at the meeting point of the Mekong, Tonle Sap, and Bassac rivers, placing residents just minutes from the city’s CBD, AEON Mall Phnom Penh, international schools, healthcare facilities, and lifestyle destinations.
Finished with elegant Nordic-inspired interiors, the unit is semi-furnished and thoughtfully planned to maximize natural light and functionality. The open-plan living and dining area flows seamlessly into a modern kitchen, creating an inviting space for both everyday living and entertaining. Floor-to-ceiling glazing frames impressive river and city views, while the spacious balcony provides the perfect setting to unwind above Phnom Penh’s evolving skyline.
The residence comprises three generously sized bedrooms and three well-appointed bathrooms, offering excellent privacy for families, professionals, or long-term tenants. Every room has been carefully designed to combine contemporary aesthetics with practical living, making the home equally suited as a primary residence or a premium investment property.
Residents benefit from an extensive collection of lifestyle amenities rarely found in a single development. These include an elegant grand lobby with concierge service, resort-style swimming pool, fully equipped fitness centre, sauna and wellness facilities, landscaped gardens, children’s playground, sports facilities, sky bar, commercial retail area, professional property management, high-speed elevators, backup power systems, and 24-hour security with CCTV surveillance.
Diamond Bay Garden is an award-winning 39-storey waterfront development by OCIC, comprising three residential towers and 591 units in its first phase. The project has received multiple industry recognitions, including Best Condo Development, Premium Condominium Unit Design of the Year, and Waterfront Condominium Development of the Year. Adding further prestige, the upper floors will be managed by Somerset by Ascott, enhancing long-term value and international appeal.
For investors, the property presents a compelling opportunity within one of Phnom Penh’s fastest-growing residential and business districts. The development offers freehold (strata title) ownership for eligible foreign buyers, professional management, flexible payment options, and is developed by one of Cambodia’s most established real estate groups. Its strategic waterfront location, premium amenities, and strong rental appeal position this residence as an attractive asset for both capital appreciation and long-term rental income.
Independent Property Services (IPS) Cambodia was established in 2009 with a clear vision: to become Cambodia’s lead
Independent Property Services (IPS) Cambodia was established in 2009 with a clear vision: to become Cambodia’s leading all-in-one provider of professional real estate services. With offices in both Phnom Penh and Siem Reap, IPS has delivered market-leading agency, valuation, property management, and legal processing services for more than 16 years.
Today, IPS is widely recognized as one of Cambodia’s most trusted real estate agencies. This reputation has been built on an unwavering commitment to clients, a strong culture that empowers its team, exceptional customer service, and a foundation of professionalism, integrity, and transparency.
The IPS Difference for Investors Why Cambodia Appeals to Foreign Investors
Cambodia offers one of Southeast Asia’s most accessible property markets for international investors.
Since 2010, foreign buyers have been able to own 100% freehold strata-title condominiums in eligible developments, with no visa or residency requirement. Although foreigners cannot own land directly, landed properties such as villas can be acquired through legally established structures, including trust arrangements and other recognized ownership mechanisms. Property transactions are conducted in U. S. dollars, and foreign investors can open local bank accounts that are accessible worldwide through the Visa and Mastercard banking networks. Cambodia maintains a highly competitive property tax environment, offering relatively low ownership taxes and currently no Capital Gains Tax on property resale.
A Carefully Curated Investment Portfolio
IPS Cambodia does not represent every condominium project on the market because we understand that not all developments deliver on their promises.
Instead, we carefully select a limited portfolio of off-plan condominium projects across Phnom Penh, Sihanoukville, and Siem Reap. Every project undergoes rigorous due diligence before being offered to our clients. We partner only with developers who have demonstrated a consistent track record of completing projects to a high standard and delivering the quality expected by buyers.
Our preferred developers have successfully completed previous projects that continue to generate strong rental returns and long-term capital appreciation for owners. By working exclusively with proven developers, we reduce investment risk, protect our clients’ interests, and uphold our reputation for professionalism, integrity, and trust.
In addition, IPS offers one of Cambodia’s largest selections of completed resale condominiums. Because these properties are already built and operating, investors can evaluate the actual construction quality, occupancy rates, rental performance, and resale potential before making a purchase, significantly reducing investment uncertainty.
Comprehensive Investment Management Services
IPS Cambodia provides end-to-end support throughout every stage of your investment journey.
Beyond helping you identify the right investment property, our team assists with legal document reviews, due diligence, title transfers, tax administration, lease management, and ongoing property management. Owners receive detailed monthly financial reports, while rental income is deposited directly into their designated local bank account, which can be accessed internationally through Visa or Mastercard-linked banking services.
Our Property Management team also handles routine maintenance and day-to-day operations, allowing investors to enjoy a truly passive ownership experience. Minor repairs completed by our in-house team are included within our standard management fees, while major repairs are coordinated with trusted external contractors. We do not apply markups when sourcing replacement furniture, fixtures, or equipment, ensuring complete transparency and cost efficiency.
Preventative maintenance programs help minimize unexpected repairs, reduce tenant disruption, and protect the long-term value of your asset. Our proactive approach keeps your property operating efficiently while maximizing tenant satisfaction and investment performance.
When it is time to sell, IPS provides comprehensive resale marketing and sales services designed to maximize your property’s market exposure and achieve the strongest possible selling price.
From acquisition to property management and eventual resale, IPS Cambodia delivers a complete, professionally managed investment solution, allowing investors to enjoy a hands-off ownership experience with confidence, transparency, and sustainable long-term returns.
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First listed
Jul 20
Agent licence
#EV-12-096
Listing reference
19464
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