NovBorey Villa Toul Sangke Co., Ltd.
Borey Villa Toul Sangke Co., Ltd. has a visible physical footprint in residential development around Phnom Penh, while its public corporate disclosure is much thinner than the evidence for the projects themselves. The brand’s public profile places its base in Russey Keo and says the business also operates a Borey Villa Toul Sangke development in Areyksat; buyers should still verify the exact seller and developer legal entities in the contract rather than infer them from the brand name.
A company name is not a recommendation. Check the project company, contract and selected unit before reservation.
Overview
Borey Villa Toul Sangke Co., Ltd. has a visible physical footprint in residential development around Phnom Penh, while its public corporate disclosure is much thinner than the evidence for the projects themselves. The brand’s public profile places its base in Russey Keo and says the business also operates a Borey Villa Toul Sangke development in Areyksat; buyers should still verify the exact seller and developer legal entities in the contract rather than infer them from the brand name.
Track record
The brand can be traced across at least two residential locations. The older Borey Villa Toul Sangke community in Russey Keo is clearly established: villas there still appear in active rental and resale listings in 2026, and the development is also used as an address in the Cambodia Chamber of Commerce directory. The newer Areyksat scheme is marketed as The Sanctuary City, with the developer’s own profile still advertising homes there in 2026. The company states that it was founded in 2001; that date is self-reported and was not independently confirmed through an accessible company-registry extract.
Segments and prices
The publicly visible product mix is mainly low-rise gated housing: villas, semi-detached homes and shophouses, a mix also reflected in a third-party Areyksat project directory. In recent Areyksat posts, the developer advertised selected units at about US$99,999 for a shophouse and US$168,000 for a twin villa. These are unit-specific promotional asking prices at the time of review, not a complete price list. Resale asking prices in the older Russey Keo community can be materially higher, so new-project promotions and mature secondary-market villas are not directly comparable.
Geography
The older community is associated with Russey Keo in north-west Phnom Penh, supported by current listings and business addresses located inside Borey Villa Toul Sangke. The second location is in Areyksat across the Mekong from central Phnom Penh; third-party project directories place The Sanctuary City in Areyksat, Kandal, while the developer uses Areyksat in its current marketing. These locations have different commuting, neighbourhood and resale dynamics and should be assessed separately.
Reliability and public record
An established older community, an active secondary market and continuing Areyksat sales activity provide more evidence than a developer that exists only through marketing. However, the available public record is not sufficient to confirm the company’s financial condition, a complete delivery history, absence of encumbrances or project-level permits for every phase. Reliability should therefore be assessed from the documents for the specific transaction: legal entity, title, permits, construction status and payment flow.
What to verify
Before reserving a unit, obtain the exact registered name and details of the entity that will sign as seller and confirm that it has authority to dispose of the chosen property. For a villa or shophouse, review the land title, plot boundaries, mortgages or other encumbrances, development and construction approvals, and the documented process for transferring rights after payment. Confirm where the booking fee and instalments are paid, whether any segregated escrow or other protected holding arrangement exists, and when the developer can access the funds. Foreign buyers should not treat a marketing claim of 'freehold' over a house as proof of land ownership: Cambodian law does not allow foreigners to own land directly. If a unit is instead sold under a registered co-owned-building regime, verify the building registration, eligible floor and remaining foreign-ownership quota.
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: Rooftop Real Estate Cambodia, Borey Villa Toul Sangke villa listing
Photos: project materialsFrequently asked questions
Does Borey Villa Toul Sangke have a long operating history?
The developer states that it was founded in 2001, and the older Russey Keo community is clearly established with an active rental and resale market. The founding date, however, is supported mainly by the company’s own profile in the accessible sources, so a current registry extract should be obtained for transaction due diligence.
Can a foreign buyer own a Borey Villa Toul Sangke villa outright?
A foreigner cannot directly own land in Cambodia, so buying a villa or shophouse should not be assumed to confer ownership of the underlying plot. The lawful ownership or long-term use structure depends on the specific asset and contract and should be reviewed by independent counsel. A separate regime applies to eligible private units in registered co-owned buildings.
Is the developer still selling in Areyksat?
Yes. Borey Villa Toul Sangke’s public profile continued to advertise specific Areyksat homes in 2026, including shophouses and twin villas. Availability, price, title and handover status still need to be reconfirmed for the exact unit at the time of purchase.
Sources
Sources are named for independent checking. NovAsia does not publish outbound links.
- Borey Villa Toul Sangke / LinkedIn · Borey Villa Toul Sangke — company profile and current updates · 27.08.2026
- IPS Cambodia · Villa in Borey Villa Toul Sangke, Russey Keo — current rental listing · 27.08.2026
- Realtor.com International · Villa in Borey Villa Toul Sangke, Russey Keo — 2026 resale listing · 27.08.2026
- AsiaVillas · Borey Villa Toul Sangke: The Sanctuary City — Areyksat project location · 27.08.2026
- Cambodia Chamber of Commerce · Member Directory — company address inside Borey Villa Toul Sangke · 27.08.2026
- Council for the Development of Cambodia · Land in Cambodia — restrictions on foreign land ownership · 27.08.2026
- Council for the Development of Cambodia / MLMUPC · Law on Providing Foreigners with Ownership Rights in Private Units of Co-Owned Buildings · 27.08.2026
- DFDL · Cambodia Real Estate Investment Guide — foreign ownership and the 70% quota · 27.08.2026
- Compass Real Estate · Borey Villa Toul Sangke (The Sanctuary City) — housing types and listing reference · 27.08.2026
- BNG Legal · Foreign Ownership of Immovable Property — quota and floor restrictions for co-owned buildings · 27.08.2026