NovCHHAY CHINGHEANG GROUP LTD.
CHHAY CHINGHEANG GROUP LTD. is a Cambodian diversified business group with real estate as one of several operating areas rather than its sole activity. The group’s own website traces its history to Chhay ChingHeang Import & Export Co., Ltd., founded in 2001 and renamed in 2012; that history is company-reported. Separately, public third-party sources link CHHAY CHINGHEANG GROUP LTD. to the completed Royal Park Condo residential development in Phnom Penh.
A company name is not a recommendation. Check the project company, contract and selected unit before reservation.
Overview
CHHAY CHINGHEANG GROUP LTD. is a Cambodian diversified business group with real estate as one of several operating areas rather than its sole activity. The group’s own website traces its history to Chhay ChingHeang Import & Export Co., Ltd., founded in 2001 and renamed in 2012; that history is company-reported. Separately, public third-party sources link CHHAY CHINGHEANG GROUP LTD. to the completed Royal Park Condo residential development in Phnom Penh.
Track record
The clearest residential track record is Royal Park Condo in Boeung Kak 2, Toul Kork. Realestate.com.kh and APS Cambodia both report 27 floors, 293 units and completion in 2020, and both identify CHHAY CHINGHEANG GROUP LTD. as the developer. The group’s website also shows a further condominium plan in Sihanoukville, but we did not find comparable public evidence that it has been completed, so it should not be treated as part of the confirmed delivered track record.
Segments and prices
The confirmed residential product is an urban condominium with relatively compact units: public project profiles for Royal Park Condo show approximately 22–49 sq m layouts ranging from studios to two-bedroom units. Realestate.com.kh lists the project price on application while individual current listings in the building span roughly US$42,000 to US$86,500; a separate current project profile from HomeAbroad Cambodia shows a starting figure of about US$48,000. These are asking prices for specific units rather than a verified developer price list, so they should not be treated as a guaranteed purchase range.
Geography
The group’s confirmed residential footprint is concentrated in Phnom Penh. Royal Park Condo is in Boeung Kak 2, Toul Kork, an established urban district of the capital. The wider group reports business activity and development plans outside Phnom Penh, including Sihanoukville, but prospective buyers should distinguish those plans from residential projects that can be independently verified as completed.
Reliability and public record
The public record is sufficient to verify an operating corporate presence, but not to assign the developer a blanket reliability rating. A 2021 Official Gazette of Cambodia’s Ministry of Commerce Department of Intellectual Property records CHHAY CHINGHEANG GROUP LTD. as an applicant with a Phnom Penh address, while independent property sources confirm the completed Royal Park Condo. Publicly available material reviewed for this profile is not sufficient to assess the group’s current financial position, buyer-fund protections, or specific to the project permits and titles across any future developments.
What to verify
For a purchase in Royal Park Condo or any other group project, first match the exact legal seller and developer named in the sale agreement against the project documents; the group brand alone does not establish the contracting entity. A foreign buyer should obtain specific to the project evidence that the unit can receive an individual title in a registered co-owned building, is above the ground floor, and remains within the foreign ownership quota, which Cambodian law caps at 70% of the private-unit area of a co-owned building. For a completed unit, also verify the specific title, registered encumbrances, outstanding management charges and the entity currently responsible for building management.
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: REINZ CambodiaFrequently asked questions
Does CHHAY CHINGHEANG GROUP LTD. have a completed residential project?
Yes. Royal Park Condo in Toul Kork is independently reported as a 27-storey, 293-unit condominium completed in 2020, with CHHAY CHINGHEANG GROUP LTD. identified as the developer. For a buyer, a completed building is more useful than a broad portfolio claim because the property can be inspected and the title documents for a specific unit can be checked.
Can a foreign buyer hold a Royal Park Condo unit in their own name?
Cambodian law allows foreigners to own private units in registered co-owned buildings subject to floor and foreign-quota restrictions. Public profiles describe Royal Park Condo as a titled project, but a buyer should verify the title for the exact unit and the remaining foreign quota before signing rather than relying on a marketplace description.
Is the group’s claimed history since 2001 independently confirmed?
The 2001 origin and 2012 renaming are published by the group itself, so they are corporate claims rather than an independent verification of the full history. A Ministry of Commerce Official Gazette separately confirms CHHAY CHINGHEANG GROUP LTD. as the name of an applicant in 2021. For transaction due diligence, current seller registration and specific to the project approvals matter more than the age of the brand.
Sources
Sources are named for independent checking. NovAsia does not publish outbound links.
- CCHG · CHHAY CHINGHEANG GROUP LTD. — About Us: group history and reported company renaming · 27.08.2026
- Realestate.com.kh · Royal Park Condo — project profile: developer, 293 units, 27 floors and 2020 completion · 27.08.2026
- APS Cambodia · Royal Park Condo — independent project profile with specifications and developer attribution · 27.08.2026
- Ministry of Commerce, Kingdom of Cambodia · Department of Intellectual Property Official Gazette, Weeks 7–10 of 2021 — CHHAY CHINGHEANG GROUP LTD. records · 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
- HomeAbroad Cambodia · Royal Park Condo — additional cross-check of project specifications and indicative pricing · 27.08.2026