NovBorey Uptown Development Co., Ltd
Borey Uptown Development Co., Ltd. is publicly visible mainly through one residential scheme, Borey Uptown in southern Phnom Penh. Most open-source material focuses on the estate and its owners rather than the corporate structure behind it, so a buyer should independently confirm which legal entity is named as seller and developer in the contract.
A company name is not a recommendation. Check the project company, contract and selected unit before reservation.
Overview
Borey Uptown Development Co., Ltd. is publicly visible mainly through one residential scheme, Borey Uptown in southern Phnom Penh. Most open-source material focuses on the estate and its owners rather than the corporate structure behind it, so a buyer should independently confirm which legal entity is named as seller and developer in the contract.
Track record
Borey Uptown was publicly marketed as a low-rise landed housing scheme; launch coverage described three-storey homes with four bedrooms and five bathrooms. In 2023, the project received two Cambodia Real Estate Awards: Best Borey (Landed Property) in western Phnom Penh and Affordable Housing Development of the Year. Earlier media also credited previous projects to the 'project owner group', but the available public record does not establish that Noromall, Rise Building or the other cited assets were developed by Borey Uptown Development Co., Ltd. itself, so we do not treat them as a verified corporate portfolio.
Segments and prices
Borey Uptown is positioned as mass-market landed housing rather than a condominium product. Launch coverage quoted prices from USD 85,700, while a 2026 secondary-market listing showed an asking price of about USD 110,000 for a four-bedroom corner house. These are reference points from different periods and transaction types, not a current developer price list; the exact price, inclusions, outstanding payments and title should be checked for the specific home.
Geography
The development is in southern Phnom Penh, within the Dangkao area around the 50-metre road corridor. A 2026 Department of Intellectual Property gazette uses an address inside Borey Uptown at Street UP03, Phum Thmey, Sangkat Dangkor, Khan Dangkor. Property portals sometimes label the same area as Prey Sa, so buyers should rely on the cadastral address and parcel details for a specific property rather than the neighbourhood label used in an advertisement.
Reliability and public record
There are several signs that the project was actually delivered into use: Borey Uptown appeared in sector coverage from its launch period, received national real estate awards in 2023, and addresses within the estate appear in both secondary-market listings and an official government gazette in 2024–2026. That supports the existence and occupation of the development itself, but it is not a substitute for due diligence on Borey Uptown Development Co., Ltd. as a counterparty. The public sources we reviewed do not provide enough corporate reporting or registry detail to assess the company's financial position.
What to verify
Start by confirming the exact entity signing as seller and the entity identified as developer, then match those names against the documents for the specific house and land parcel. For a resale, request the original title and verify the registered owner, encumbrances, any mortgage and the release procedure; if obligations to the developer remain, also verify the payment history and consent required for transfer. Borey Uptown is a landed housing project, so a foreign buyer cannot rely on the 70% foreign-quota rules applicable to qualifying condominium units: Cambodian land cannot be directly registered in a foreign individual's name. The lawful ownership structure and rights over both the house and the land should be reviewed for the specific transaction by independent Cambodian counsel.
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 materialsFrequently asked questions
Does Borey Uptown Development have a verified multi-project portfolio?
The public record clearly supports Borey Uptown itself. Early media coverage mentions other assets associated with the project's owners, but it does not provide enough legal linkage to attribute those developments to Borey Uptown Development Co., Ltd. without qualification.
Can a foreign buyer register a Borey Uptown house in their own name?
A borey house is tied to a land parcel, and a foreign individual cannot directly own Cambodian land. Before paying, the buyer should verify the title and obtain advice on a lawful transaction structure; the foreign-quota rules for condominium units do not solve the land-ownership issue.
Is there evidence that Borey Uptown exists and is occupied beyond its original marketing?
Yes. Beyond launch coverage and the 2023 awards, later years show sale and rental listings for homes within Borey Uptown, and a 2026 Cambodian Department of Intellectual Property gazette uses an address inside the estate for a registered company. That is useful evidence of real-world occupation, although the status and documents of any specific house still require separate verification.
What do the Cambodia Real Estate Awards tell a buyer during due diligence?
They show that the development had industry visibility and received recognition in 2023, but they do not prove the seller's title to a specific parcel, the absence of a mortgage, the quality of the title or the developer's financial condition. An award is useful context, not a substitute for transaction-level document checks.
Sources
Sources are named for independent checking. NovAsia does not publish outbound links.
- Cambonomist · Cambonomist — coverage of the Borey Uptown launch and house specifications · 27.08.2026
- Cambodia Investment Review · Cambodia Investment Review — Cambodia Real Estate Awards 2023 winners · 27.08.2026
- Department of Intellectual Property, Ministry of Commerce, Cambodia · Cambodia Department of Intellectual Property — official gazette showing an address inside Borey Uptown · 27.08.2026
- Realestate.com.kh · Realestate.com.kh — corner house resale listing in Borey Uptown · 27.08.2026
- LinkedIn · LinkedIn — public employee profile naming Borey Uptown Development Co.,LTD and Dangkao · 27.08.2026