NovInstallment plans for Cambodian real estate: how to buy an apartment without the full sum
The main question when buying abroad is "where do I find the whole sum at once". In Cambodia the answer is simple: most of the time you don't need to. Phnom Penh developers offer interest-free installments during construction, and you can enter a dollar asset holding only part of the value. Below is how the payments work, how much you need upfront and the terms on specific projects. All figures come from confirmed developer data; the final terms are fixed in the contract.
How 0% installments work
An interest-free installment from the developer is not a bank loan. You don't pay interest and you don't go through bank scoring: the developer themselves grants the installment for the construction period. The logic is simple — it's worth it for the developer to sell the unit at an early stage, and worth it for you to enter at a pre-sale price and spread the payment over time. A typical scheme looks like this:
| Stage | What happens | Benchmark |
|---|---|---|
| Booking | Locks the unit and price, takes the property off the market | $500–5,000 |
| Signing the SPA | Down payment, sale and purchase agreement | 20–30% |
| Installments | Equal 0% payments during construction | 25–45 months |
| Handover | Final part on receiving the keys | balance |
The scheme is shown as a typical one. The exact shares, sums and schedule depend on the project and are fixed in the contract with the developer.
Installment terms by project
Each of NovAsia's three projects has its own installment model — and it directly affects how much you need upfront and how far the payment is stretched.
Kingston Royale — 0% installments over 36 months
The most affordable entry among our projects. The booking is $2,000, then interest-free installments over 36 months. The structure per developer data: 30% on signing the SPA, 40% in installments over 36 months, 30% on handover. Entry into an apartment is from $40,664 (a one-bedroom with the discount), furniture and appliances included. A developer loan is possible for the final part. More about Kingston Royale →
Time Square 9 — 0% installments over 45 months
The longest installment of the three — 45 months at 0% — and the lowest starting threshold on the booking: from $500. Premium art-deco residences in the capital's best district, BKK1, with direct ownership (freehold strata-title). The long installment makes the premium segment more accessible: the payment is stretched over almost 4 years of construction until completion in 2029. More about Time Square 9 →
Odom Tower — installments up to 25 months + GRR
A commercial project with a guaranteed-income programme. The booking is $5,000, with installments up to 25 months. Here the installment works in tandem with yield: per developer data, the property delivers GRR of 8% net per year and provides for a 110% buy-back in year 5. To be honest about it: 150% is the total return over 5 years, not net profit; net above the invested sum comes to around 50%. Entry is from $226,686. More about Odom Tower →
How much you really need upfront
To reserve an apartment and start the deal, the first step needs only the booking — from $500 to $5,000. The substantial part (the 20–30% down payment) is paid on signing the SPA, once you've already verified the property and the terms. After that come even, interest-free payments. So the "threshold to enter the deal" and the "full price of the apartment" are very different sums — and it's precisely the installment that makes the gap between them comfortable.
What to check before signing
Installments are convenient, but the contract is worth reading carefully. Three points we always check with the client: the terms for returning the booking (they differ across projects), the consequences of late payment and termination, and what exactly is included in the final payment on handover. An interest-free installment stays interest-free only while the schedule is kept — that's normal, but you need to know the terms in advance. We help break down the SPA wording before you sign.
Want to calculate a payment for your budget? Tell the bot your starting sum and a comfortable monthly payment — we'll match a project and send an installment schedule.
Calculate on Telegramor open the calculator →Frequently asked questions
Are the installments really at 0%?
Yes. Phnom Penh developers grant interest-free installments during construction — there's no bank overpayment. You pay part on signing the contract and the rest in equal payments until handover. The terms are fixed in the contract with the developer.
How much money do you need upfront?
First a booking is paid ($500–5,000 depending on the project), then a down payment of usually 20–30% on signing the SPA. The rest goes into installments over 25–45 months.
What happens if you stop paying?
The terms for late payment and termination are set out in the SPA and differ by project. This is one of the key points we recommend checking before signing — we'll help break down the wording.
Can installments be arranged remotely?
Yes. The contract is signed remotely, and payments go by bank transfer in US dollars. You don't need to travel to Cambodia to arrange installments.