Boao Hongkai Group

Public information ties Boao Hongkai Group mainly to Borey Bo Ao in Stueng Mean Chey, Phnom Penh. A 2017 Realestate.com.kh report identified the group as the Chinese developer behind the scheme, but the open sources reviewed do not independently establish a broader portfolio or the exact Cambodian legal entity operating under the brand. A buyer should therefore treat the brand name as a starting point and verify the seller, developer and payment recipient shown in the documents for the specific property.

Phnom Penh · 1 linked project

A company name is not a recommendation. Check the project company, contract and selected unit before reservation.

Overview

Track record

The public track record is concentrated around one scheme, Borey Bo Ao. Contemporary 2017 material described a site of more than 53,000 sq m, 284 low-rise homes and shophouses, and a planned condominium component of up to 2,070 units; it also reported that some shophouses were due for handover in October 2017. Those figures describe the original development plan rather than independently verified delivered stock. Current project directories still carry Borey Bo Ao but use inconsistent status labels, so the extent and timing of actual completion should be checked at property and phase level.

Segments and prices

Borey Bo Ao was marketed as a mixed residential scheme combining shophouses, terraced or flat houses, and condominiums. Realestate.com.kh reported 2017 starting prices of about US$180,000 for shophouses and US$140,000 for flat houses. These are launch-era reference points, not a current developer price list; today's price, outstanding payments, condition, fees and resale terms need to be confirmed for the exact unit.

Geography

The verifiable Cambodian footprint is limited to Phnom Penh. Borey Bo Ao is in Stueng Mean Chey, close to Veng Sreng Boulevard. This review did not find reliable open evidence of additional Boao Hongkai Group projects elsewhere in Cambodia, so a wider geographic footprint should not be assumed.

Reliability and public record

The project has a traceable public history going back to at least 2017, when Realestate.com.kh and industry coverage reported active sales and planned shophouse handovers. The company itself is much less transparent in open sources: the precise legal entity behind the Boao Hongkai Group brand and a verified list of completed developments are not clearly established, while current directories disagree on Borey Bo Ao's status. Transaction quality should therefore be judged from the documents and condition of the specific property rather than from the brand name alone.

What to verify

Start by matching the full legal name in the sale and purchase agreement to the registered land or title holder and to the bank account receiving the funds. For a landed house or shophouse, verify the underlying land title and registered owner: a foreign national cannot directly own Cambodian land, so a landed property should not be presented as ordinary foreign freehold. For a condominium, confirm that the building is legally structured for private-unit ownership, that the unit is above the ground floor, and that the statutory foreign-ownership cap of 70% of the total private-unit surface area has not been exceeded. At Borey Bo Ao, also verify the completed phase, the exact property included in the sale, any arrears or common charges, the current management arrangement and the title that will actually transfer.

Projects in the NovAsia catalogue

This list is assembled from the project registry by the developer identifier; it is not a claim of a complete corporate portfolio.

Photos: project materials

Borey

Borey BOAO

Phnom Penh · Mean Chey

Boao Hongkai Group

Based on developer materialCompleted

Mixed shophouse, flat-house and hotel-style condominium community

Price on requestAvailability and price confirmed personallyPrice requires confirmation

Ask Open

Frequently asked questions

Does Boao Hongkai Group have a verified large portfolio in Cambodia?

Open sources consistently connect the group mainly with Borey Bo Ao in Phnom Penh. This review did not independently verify a broader Cambodian portfolio or a list of completed developments under the brand, so claims about wider experience should be checked rather than assumed.

What is known about Borey Bo Ao?

2017 reporting described a mixed-use residential scheme in Stueng Mean Chey with shophouses, flat houses and a condominium component on more than 53,000 sq m of land. The original plan referred to 284 low-rise homes and up to 2,070 condominium units, but those figures should not be treated as confirmed delivered stock without phase-level verification.

Can a foreign buyer own a property in this project in their own name?

It depends on the asset type. A foreign buyer may own a qualifying private unit in a co-owned building subject to the floor and foreign-quota rules, but cannot directly own the land underlying a house or shophouse. The ownership route therefore has to be checked against the title and contract for the specific property.

Are the 2017 prices useful for a purchase today?

Only as historical context. They do not establish today's value of a specific property or reflect its condition, unpaid balances, arrears, common charges or resale liquidity.

Sources

Sources are named for independent checking. NovAsia does not publish outbound links.

Realestate.com.kh · Borey Bo Ao: Ideal For Both Living and Business · 27.08.2026
B2B Cambodia / B2B Asia News · Borey Developers Take Interest In Cambodia Real Estate Show · 27.08.2026
FazWaz Cambodia · Borey Bo Ao project profile in Stueng Mean Chey · 27.08.2026
Asia.villas · BOREY BOAO project profile in Phnom Penh · 27.08.2026
Council for the Development of Cambodia · Law on Providing Foreigners with Ownership Rights in Private Units of Co-Owned Buildings · 27.08.2026
Council for the Development of Cambodia · Land — Ownership rules in Cambodia · 27.08.2026
DFDL · Foreign Ownership and Condominiums: 70% Surface-Area Limit · 27.08.2026