NovGraticity Real Estate Development Co., Ltd. (GRED)
Graticity Real Estate Development Co., Ltd. (GRED) has a clearly traceable Cambodian development record centred on One Park in central Phnom Penh. A 2017 Hong Kong Stock Exchange filing identifies GRED as a Cambodia-incorporated property developer and explicitly names it as the developer and owner of One Park; a current EuroCham Cambodia directory entry continues to link the legal company name with the One Park brand and project address. Some marketing profiles describe a broader international development history, but the sources reviewed do not independently substantiate that wider portfolio to the same standard.
A company name is not a recommendation. Check the project company, contract and selected unit before reservation.
Overview
Graticity Real Estate Development Co., Ltd. (GRED) has a clearly traceable Cambodian development record centred on One Park in central Phnom Penh. A 2017 Hong Kong Stock Exchange filing identifies GRED as a Cambodia-incorporated property developer and explicitly names it as the developer and owner of One Park; a current EuroCham Cambodia directory entry continues to link the legal company name with the One Park brand and project address. Some marketing profiles describe a broader international development history, but the sources reviewed do not independently substantiate that wider portfolio to the same standard.
Track record
GRED’s strongest documented track record is One Park, a large mixed-use development in Srah Chak, Daun Penh. A 2017 exchange filing describes a 79,000 sq m site containing mid-rise condominium buildings, residential buildings, shop-houses and commercial and educational space. Current Realestate.com.kh and IPS Cambodia project records place completion in 2019, while EuroCham’s directory describes an operating mixed-use environment that includes serviced apartments, hospitality, an international school, offices and town houses. No second completed Cambodian development by GRED was found with a comparable level of independent documentation.
Segments and prices
GRED’s verified Cambodian product sits in the upper urban segment and combines conventional residences, serviced apartments and other uses within the same development. Realestate.com.kh lists residential floor areas of roughly 32 to 146 sq m at One Park, while EuroCham separately identifies One Park Serviced Apartments, Oakwood Premier, office towers and town houses. The reviewed sources do not provide a verified current primary-developer price list; present asking prices in brokerage listings are unit-specific and should not be treated as GRED’s official pricing.
Geography
GRED’s verified Cambodian geography is Phnom Penh. One Park is located in Phnom Penh City Centre in Srah Chak, Daun Penh, within the wider Boeung Kak redevelopment area; EuroCham lists the company at No. 58, Street R8. The sources used for this profile do not establish a separate active GRED development footprint in other Cambodian cities.
Reliability and public record
The company has several independent signals of a substantive local track record. Exchange documents from 2017 recorded GRED as the developer and owner of One Park, the completed development remains present in current professional property databases, and EuroCham maintains a company entry at the One Park address. A June 2026 Hong Kong Stock Exchange disclosure also names GRATICITY REAL ESTATE DEVELOPMENT CO., LTD and gives its Boeung Kak address, providing a recent external corporate trace. None of this proves that a particular unit is free of debt, encumbrances or disputes, or that every transaction document is in order; those points still require deal-specific due diligence.
What to verify
For a One Park purchase, first establish exactly what is being sold: a conventional condominium, a serviced apartment or a unit within another part of the mixed-use scheme, because the legal and operating arrangements may differ. Match the seller entity to GRED, confirm the payment recipient and signing authority, then obtain the registered title for the specific unit, searches for mortgages or other encumbrances, the building-management rules and the full schedule of recurring charges. A foreign buyer should also verify that the unit is above the ground floor and that foreign ownership capacity remains available in the building; Cambodian law permits qualifying foreigners to own private units in co-owned buildings but caps foreign ownership at 70% of the total private-unit floor area. If the sale includes hotel-style management or rental promises, the operator’s obligations and payment terms should be documented in a current contract rather than assumed from project marketing.
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: specific to the project One Park page on ERA Cambodia; One Park project branding retainedFrequently asked questions
Which GRED project is clearly documented in Cambodia?
One Park in Phnom Penh. A 2017 Hong Kong Stock Exchange filing explicitly identifies GRED as One Park’s developer and owner, while EuroCham Cambodia states that One Park is the public project name registered under Graticity Real Estate Development Co., Ltd. Current property platforms also continue to identify GRED as the developer of the completed scheme.
Is One Park completed?
Yes. Multiple current sources record completion in 2019, and IPS Cambodia lists construction progress at 100%. That supports the project’s completed status, but a buyer should still inspect the specific building, unit, systems and title documents before committing.
Can a foreign buyer register a One Park unit in their own name?
Cambodian law allows qualifying foreigners to own private units in registered co-owned buildings above the ground floor, subject to the statutory foreign-ownership cap. Realestate.com.kh describes One Park as hard-title property, but the decisive evidence is the registered title for the particular unit and confirmation that foreign ownership capacity remains available when the transfer is registered.
Do GRED's marketing claims establish a large international development track record?
Not on marketing language alone. Some public profiles claim experience by related entities in China and other countries, but the independently documented record reviewed here is primarily One Park in Phnom Penh. For a transaction, the legal entity and project documents are more relevant than broad group-level marketing claims.
Sources
Sources are named for independent checking. NovAsia does not publish outbound links.
- Hong Kong Exchanges and Clearing Limited · One Park transaction announcement — GRED identified as developer and owner · 27.08.2026
- EuroCham Cambodia · Graticity Real Estate Development Co., Ltd — company entry and One Park brand attribution · 27.08.2026
- Realestate.com.kh · One Park — completed project profile, unit types and title · 27.08.2026
- IPS Cambodia · One Park — current project profile recording 2019 completion · 27.08.2026
- Hong Kong Exchanges and Clearing Limited · June 2026 substantial-shareholder disclosure — GRATICITY REAL ESTATE DEVELOPMENT CO., LTD · 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
- Council for the Development of Cambodia · Investing in Cambodia handbook — foreign ownership and 70% strata-title limit · 27.08.2026