NovChea Ry Co., Ltd.
Chea Ry Co., Ltd. is a Cambodian developer focused on landed residential communities in Phnom Penh. Its own website shows multiple phases of villas, link houses and shophouses, with The Green Ville Premium, The Green Ville, The Chom Chao Premium and The Chom Chao III listed as open for sale at the time of review. For a buyer, this means the company can be assessed across more than one launch: there is a visible sequence of completed and current developments, although the legal and construction documents still need to be checked for the specific phase being purchased.
A company name is not a recommendation. Check the project company, contract and selected unit before reservation.
Overview
Chea Ry Co., Ltd. is a Cambodian developer focused on landed residential communities in Phnom Penh. Its own website shows multiple phases of villas, link houses and shophouses, with The Green Ville Premium, The Green Ville, The Chom Chao Premium and The Chom Chao III listed as open for sale at the time of review. For a buyer, this means the company can be assessed across more than one launch: there is a visible sequence of completed and current developments, although the legal and construction documents still need to be checked for the specific phase being purchased.
Track record
Chea Ry's official website lists The Samprathna, The Chom Chao I and The Chom Chao II as completed and handed-over developments. An independent Knight Frank report, Cambodia Real Estate Highlights H1 2020, recorded the launch of Borey Chea Ry The Green Ville in Q1 2020 and reported 600 housing units. In 2026 the developer's website lists four projects open for sale and also states that some current developments remain under construction. This provides a verifiable operating history, but the status of earlier phases should not be assumed to apply to a new unit or project without separate checks.
Segments and prices
Chea Ry's product mix is primarily landed family housing: detached and twin villas, link houses and shophouses. PropertyHub's The Green Ville Premium page on 27 August 2026 showed asking prices from $288,880 for a twin villa and $530,880 for a queen/detached villa, and categorized the project as mid-range. These are third-party asking prices rather than a verified developer price list, so the exact unit price, availability, land area, fit-out and payment schedule should be reconfirmed before relying on them.
Geography
Chea Ry's publicly visible activity is concentrated in Phnom Penh, particularly around Chom Chao and Por Sen Chey. The company lists its office on National Road 3 in Chom Chao II, while The Green Ville Premium is also marketed in Por Sen Chey. Buyers should still evaluate location phase by phase: road access, the immediate surroundings, completion of internal infrastructure and resale demand can differ materially even within one developer's portfolio.
Reliability and public record
Chea Ry has a more substantial public footprint than a small single-project brand: its website separates completed from current developments, and The Green Ville launch is independently documented by Knight Frank. However, the public sources reviewed do not provide one complete document set that independently verifies land title, permits, the contractual seller and handover terms for every phase. The company's operating history is therefore verifiable, but transaction reliability still depends on the documents for the exact property and contract.
What to verify
Before paying, verify the exact developer and seller legal entities named in the sale contract, their connection to the Chea Ry brand, the land title, construction approvals and the actual completion status of the selected phase. Foreign buyers should pay particular attention to the separation between rights over the land and rights over the house: Cambodian law does not allow a foreigner to own land directly, so a marketing reference to ownership is not enough on its own. If a long-term lease or another permitted structure is proposed, check its term, registration, renewal, transfer and inheritance provisions, as well as what rights apply to the building itself. The unit price, payment schedule, handover date, delay remedies, common charges and included specifications should also be confirmed in writing.
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: official Borey Chea Ry materials
Photos: official Borey Chea Ry materialsFrequently asked questions
Is Chea Ry actually the developer of The Green Ville Premium?
Yes. Chea Ry's own website lists The Green Ville Premium among its current projects open for sale, and PropertyHub also names Borey Chea Ry as the developer. Even so, the buyer should confirm the exact seller and developer legal entities in the contract for the specific phase.
Does Chea Ry have completed projects?
According to the developer's official website, The Samprathna, The Chom Chao I and The Chom Chao II are completed and handed over. Knight Frank also documented The Green Ville launch in Q1 2020. That is useful track-record evidence, but the physical and legal status of the exact property still requires separate verification.
Can a foreign buyer own a Chea Ry villa or house outright?
A foreigner cannot directly own land in Cambodia. Because Chea Ry's projects are mainly landed houses and villas, the buyer needs to understand separately what right is being granted over the land and what right applies to the building. The structure used for the transaction should be verified against the title and contract rather than inferred from marketing language.
Sources
Sources are named for independent checking. NovAsia does not publish outbound links.
- Borey Chea Ry · Borey Chea Ry — Current Projects · 27.08.2026
- Borey Chea Ry · Borey Chea Ry — Completed & Handed-Over Projects · 27.08.2026
- Knight Frank · Cambodia Real Estate Highlights H1 2020 — The Green Ville launch and 600 units · 27.08.2026
- PropertyHub Cambodia · The Green Ville Premium — project type and current asking prices · 27.08.2026
- Council for the Development of Cambodia · Land ownership in Cambodia — restrictions applicable to foreigners · 27.08.2026