NovBorey Blue Diamond
Borey Blue Diamond is a residential brand associated with low-rise housing along National Road 6A in Phnom Penh's Chroy Changvar area. Public developer directories date the brand's activity to 2018, while project listings show a mix of townhouses, shophouses and villas. The important limitation for a buyer is corporate transparency: the public sources reviewed do not provide a sufficiently reliable official confirmation of the exact legal entity acting as developer and contracting party. The brand name and the company named in the sale agreement should therefore be verified separately.
A company name is not a recommendation. Check the project company, contract and selected unit before reservation.
Overview
Borey Blue Diamond is a residential brand associated with low-rise housing along National Road 6A in Phnom Penh's Chroy Changvar area. Public developer directories date the brand's activity to 2018, while project listings show a mix of townhouses, shophouses and villas. The important limitation for a buyer is corporate transparency: the public sources reviewed do not provide a sufficiently reliable official confirmation of the exact legal entity acting as developer and contracting party. The brand name and the company named in the sale agreement should therefore be verified separately.
Track record
Borey Blue Diamond has a shorter and less transparent public track record than Cambodia's largest residential developers. Compass dates the brand's activity to 2018. There is also a status inconsistency in major property databases: FazWaz marks the development as completed in January 2021, while Realestate.com.kh shows both a 2021 completion year and 70% construction progress. That may simply be stale portal data, but buyers should not treat completion as fully verified without handover documentation and a physical inspection. Active 2026 resale listings indicate an established secondary market inside the community, although that does not by itself verify the developer's corporate history or performance across every phase.
Segments and prices
The product mix is primarily landed housing: townhouses, shophouses, twin villas and detached villas. No current official developer price list was found in the reviewed public sources. As a secondary-market reference, 2026 listings included a shophouse around US$190,000 and a larger villa around US$550,000. These are asking prices rather than verified transaction prices, and they can vary materially with plot size, position within the community, condition and title status.
Geography
Public sources place Borey Blue Diamond in northeastern Phnom Penh, within the Chroy Changvar area and the National Road 6A corridor. Listings reference both Prek Leap and Preaek Ta Sek, so the precise location of a particular house or phase should be checked against the cadastral parcel rather than relying on the project name alone. Nearby reference points cited by property portals include Morodok Techo National Stadium, the Win-Win Memorial and Garden City. For a buyer, this matters beyond travel time: different phases along the same corridor can have different access, surroundings and resale demand.
Reliability and public record
The public evidence supports the existence of an established residential community with properties trading on the secondary market, but it is not sufficient for a confident assessment of the developer's financial strength or corporate transparency. The reviewed sources did not provide a verified official company extract, ownership structure, audited financials or a complete documented history of delivered developments. The conflicting completion data on major portals is another reason not to rely on aggregator profiles alone. In a transaction, the brand's market presence should therefore be supplemented with checks on the actual seller, title, permits and property-specific documents.
What to verify
Before paying a deposit, identify the full legal name of the seller and developer in the sale agreement and match it against the company's registration documents. For the property itself, verify the land and building title, cadastral parcel, encumbrances, construction and occupancy documentation, actual handover status, utility obligations and common-area rules. Buyer nationality is especially important: foreigners cannot directly own land in Cambodia, while the 70% foreign-ownership rule applies to private units in co-owned buildings and does not convert a conventional landed villa or shophouse into foreign-owned land. A foreign buyer should have the land and building rights reviewed separately by independent Cambodian counsel rather than treating nominee arrangements as a safe substitute for a lawful structure.
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.
Photo: CAM Realty CambodiaFrequently asked questions
Who is the legal developer behind Borey Blue Diamond?
Borey Blue Diamond is clearly identifiable as a public-facing brand and development name, but the reviewed open sources do not confirm the developer's full legal entity with sufficient reliability. Buyers should take the company name from the actual sale agreement and verify it against official registration records rather than assuming the brand and legal entity are automatically the same.
Is the development completed?
One major property database marks the development as completed in January 2021, while another shows both a 2021 completion year and 70% construction progress. For a specific house, it is safer to verify the physical condition, handover documentation and phase-specific records rather than relying on a single portal field.
Can a foreigner buy a villa or shophouse at Borey Blue Diamond in their own name?
A foreigner cannot directly own land in Cambodia. Cambodian law allows foreign ownership of private units in co-owned buildings subject to specific restrictions, but a conventional landed house does not automatically fall within that regime. The rights to the land and to the building therefore need to be analysed separately before signing.
What is the current price level?
No current official price list was found in the reviewed sources. In 2026 asking-price listings, a shophouse was listed at about US$190,000, while a larger villa was listed at about US$550,000. These figures are useful only as market references and should be compared with the specific plot, size, condition, title and genuine comparable properties before purchase.
Sources
Sources are named for independent checking. NovAsia does not publish outbound links.
- Compass Real Estate Cambodia · Borey Blue Diamond developer profile · 27.08.2026
- Realestate.com.kh · Borey Blue Diamond project profile · 27.08.2026
- FazWaz Cambodia · Borey Blue Diamond project status · 27.08.2026
- VINIYUK Real Estate · Commercial Opportunity on National Road 6A · 27.08.2026
- Realtor.com International / realestate.com.kh feed · Villa for sale at Borey Blue Diamond along National Road 6A · 27.08.2026
- Council for the Development of Cambodia / unofficial MLMUPC translation · Law on Providing Foreigners with Ownership Rights in Private Units of Co-Owned Buildings · 27.08.2026
- DFDL · Foreign Ownership and Condominiums · 27.08.2026