NovAsia

H.C.N MALL AND RESIDENCE DEVELOPMENT CO., LTD.

The public profile of H.C.N MALL AND RESIDENCE DEVELOPMENT CO., LTD. is centred on HCN Residence, a mixed-use residential development in Toul Kork, Phnom Penh. Public attribution is inconsistent: Realestate.com.kh lists H.C.N MALL AND RESIDENCE DEVELOPMENT CO., LTD. as the project company, its description names Zhongneng Boyi Co., Ltd., while Compass attributes the development to Heng Cham Nol Co., Ltd. For a buyer, the important point is therefore the exact legal entity shown in the unit and transfer documents, not the brand name used by a listing portal.

Phnom Penh · 1 project in the catalogue
Sections 7

A company name is not a recommendation. Check the project company, contract and selected unit before reservation.

Overview

The public profile of H.C.N MALL AND RESIDENCE DEVELOPMENT CO., LTD. is centred on HCN Residence, a mixed-use residential development in Toul Kork, Phnom Penh. Public attribution is inconsistent: Realestate.com.kh lists H.C.N MALL AND RESIDENCE DEVELOPMENT CO., LTD. as the project company, its description names Zhongneng Boyi Co., Ltd., while Compass attributes the development to Heng Cham Nol Co., Ltd. For a buyer, the important point is therefore the exact legal entity shown in the unit and transfer documents, not the brand name used by a listing portal.

Track record

One development can be traced with confidence: HCN Mall & Residence, also marketed as HCN Residence. CBRE Cambodia included it among eight new condominium launches in Q2 2019. Realestate.com.kh currently lists 640 units, 23 floors, 100% construction progress and a 2020 completion year; FazWaz also lists 640 units and completion in January 2020. The sources reviewed did not establish a broader verified portfolio of completed projects for this company.

Segments and prices

HCN Residence is an urban condominium development. Compass lists one- and two-bedroom units of roughly 46-100 sq m, although its project data differs from Realestate.com.kh on unit and floor counts, so it is better treated as indicative rather than definitive. In 2026, a 46 sq m one-bedroom unit was advertised at about US$50,000 on Realestate.com.kh and US$55,000 on Khmer24. These are individual asking prices on the market, not a verified current developer price list.

Geography

The verified footprint is limited to Phnom Penh. HCN Residence is in Boeung Kak 1, Toul Kork, around the junction of Streets 347 and 516. The sources reviewed do not establish other cities or separate developments attributable to H.C.N MALL AND RESIDENCE DEVELOPMENT CO., LTD.

Reliability and public record

The asset itself has an independent market trail: CBRE recorded its 2019 launch, while current property platforms show a completed building and resale activity. The corporate side needs more care. Three names appear across sources — H.C.N MALL AND RESIDENCE DEVELOPMENT CO., LTD., Zhongneng Boyi Co., Ltd. and Heng Cham Nol Co., Ltd. — and Compass lists 620 units and 20 above-ground floors, whereas Realestate.com.kh and FazWaz show 640 units and 23 floors. These discrepancies do not prove a problem, but they do mean that the project's legal structure and the specifications of a particular unit should not be established from portal listings alone.

What to verify

Before paying, obtain a current company extract and establish the documented relationship between H.C.N MALL AND RESIDENCE DEVELOPMENT CO., LTD., Zhongneng Boyi Co., Ltd. and Heng Cham Nol Co., Ltd. if any of those names appear in the sale contract, title or payment instructions. For the specific unit, request the individual ownership certificate, evidence that the building is registered as a co-owned building, an encumbrance check, lawful completion or occupancy documentation, and the current management rules and service charges. A foreign buyer should also verify the unit's floor and the remaining foreign quota: Cambodian law allows foreign ownership of private units above the ground floor, while foreign ownership is capped at 70% of the total private-unit floor area of the building.

Projects in the NovAsia catalogue

These are the projects currently shown in the NovAsia catalogue; the list is not a complete corporate portfolio.

HCN Residence
Mixed-use

HCN Residence

Phnom Penh · Toul Kork
H.C.N MALL AND RESIDENCE DEVELOPMENT CO., LTD.
Completed
Mixed-use condominium and retail complex · 23 floors · 640 units
From $45,000Current availability and price need confirmationFrom $45,000 in a public HCN Residence resale listing on Realestate.com.kh, checked on August 12, 2026. This is a lower secondary-market anchor; availability, condition, title and the terms of a specific unit need to be verified separately.
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Sources

Sources are named for independent checking. NovAsia does not publish outbound links.

  1. Realestate.com.kh · HCN Residence project profile · 27.08.2026
  2. Realestate.com.kh · H.C.N MALL AND RESIDENCE DEVELOPMENT CO., LTD. profile · 27.08.2026
  3. CBRE Cambodia · Phnom Penh Marketview Q2 2019 - HCN Mall & Residence launch · 27.08.2026
  4. Compass Real Estate Cambodia · H.C.N. Residence listing with alternative developer attribution · 27.08.2026
  5. Khmer24 · One-bedroom HCN Residence resale listing · 27.08.2026
  6. Council for the Development of Cambodia · Law on Providing Foreigners with Ownership Rights in Private Units of Co-Owned Buildings · 27.08.2026
  7. DFDL · Foreign Ownership and Condominiums in Cambodia - 70% rule · 27.08.2026