NovAsia

JS LAND PLC

JS LAND PLC has an unusually visible public record for a Cambodian residential developer. The company was incorporated in Cambodia on 12 December 2014 under registration no. 00010332 and its shares have traded on the Cambodia Securities Exchange since 10 February 2022. Its core development activity has focused on residential condominiums in Phnom Penh. Public-company disclosure makes the corporate history easier to verify, but listing status is not a substitute for unit-level legal and technical due diligence.

Phnom Penh · 1 linked project

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

Overview

JS LAND PLC has an unusually visible public record for a Cambodian residential developer. The company was incorporated in Cambodia on 12 December 2014 under registration no. 00010332 and its shares have traded on the Cambodia Securities Exchange since 10 February 2022. Its core development activity has focused on residential condominiums in Phnom Penh. Public-company disclosure makes the corporate history easier to verify, but listing status is not a substitute for unit-level legal and technical due diligence.

Track record

The company launched its first condominium, The Garden Residency in Sen Sok, in 2015 and reports that it was completed and handed over in 2019. The Garden Residency 2 followed in 2020. JS LAND issued a unit-handover notice in August 2023, while later investor disclosures described the project as fully completed in the first quarter of 2024. That provides evidence of two development-and-handover cycles, although some published specifications for the second project are inconsistent across sources.

Segments and prices

JS LAND PLC positions its residential projects around the affordable urban-condominium segment, with a strong focus on Phnom Penh's domestic housing market. IPS Cambodia lists The Garden Residency 2 units at roughly 30 to 70 sq m, but no current official developer price list was found in the public sources reviewed. For an international buyer, the relevant comparison is the specific unit price, recurring ownership costs, title status and foreign-ownership eligibility rather than the developer's affordability positioning alone.

Geography

The verified development footprint is concentrated in Phnom Penh, particularly Sen Sok and Phnom Penh Thmey. The Garden Residency and The Garden Residency 2 are located in this part of the city, and in February 2023 the company disclosed the acquisition of land in Phnom Penh Thmey for The Garden Residency 3. The reviewed sources do not establish a separate residential development portfolio by JS LAND PLC in other Cambodian cities.

Reliability and public record

JS LAND PLC offers several concrete transparency signals: a public-market listing, recurring financial disclosures, corporate announcements and two projects with documented buyer handovers. Those are more useful than marketing claims, but they do not guarantee construction quality, resale liquidity or clean title for every unit. Buyers should also note that public specifications for The Garden Residency 2 are not fully consistent: the 2021 financial report described 31 storeys and 339 units, while a later company publication referred to 33 storeys and 369 units.

What to verify

For a completed unit, first confirm that the seller or contracting entity matches JS LAND PLC or has a documented legal relationship with it, then review the individual title, registered use, encumbrances and the as-built plan for the exact unit. A foreign buyer should separately confirm that the building is properly registered for co-ownership, that the unit is above the ground floor and that sufficient capacity remains within the statutory foreign-ownership limit of 70% of the total private-unit area. For The Garden Residency 2, request the approved floor schedule and completion records because published floor and unit counts differ. For The Garden Residency 3 or any future off-plan phase, also verify current development permits and licences, land rights, the sale-and-purchase agreement and how buyer funds are controlled before handover.

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.

The Garden Residency 2, Phnom PenhPhoto: IPS Cambodia project page
Condominium

The Garden Residency 2

Phnom Penh · Sen Sok
JS LAND PLC
Multiple market sourcesCompleted
Residential high-rise · 33 floors · 369 units · 1–3 BR
From $51,400Availability and price confirmed personallyFrom $51,400 on the IPS Cambodia project page updated June 17, 2026. This is a lower public market anchor rather than a guaranteed price; unit availability, fit-out and final terms need to be confirmed before reservation.
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Frequently asked questions

Is JS LAND PLC actually a listed public company?

Yes. JS LAND PLC listed on the Cambodia Securities Exchange on 10 February 2022 and publishes financial reports and material corporate disclosures. That gives buyers an additional source of verifiable company information, but it does not replace due diligence on the specific unit.

Which completed JS LAND PLC projects are publicly verified?

The Garden Residency was completed and handed over in 2019. Unit handovers at The Garden Residency 2 began in August 2023, and later company disclosures place full project completion in the first quarter of 2024. These milestones are documented in corporate reports and notices, with the second project also covered by independent property platforms.

What is known about The Garden Residency 3?

In February 2023, JS LAND PLC disclosed the acquisition of land in Phnom Penh Thmey for The Garden Residency 3. Its 2023 annual report said launch would follow the receipt of the relevant permits and licences, and first-quarter 2025 disclosure still described the project as being in a pre-operational phase. No later verified project status was found in the reviewed sources, so its position should be re-checked at the transaction date.

Can a foreign buyer own a JS LAND PLC condominium unit?

Cambodian law permits qualifying foreigners to own private units in properly registered co-owned buildings subject to restrictions: the unit must be above the ground floor and aggregate foreign ownership cannot exceed 70% of the total private-unit area. That general rule does not automatically establish eligibility for every JS LAND PLC unit, so the individual title and remaining foreign quota must be checked for the property being purchased.

Why do published specifications for The Garden Residency 2 differ?

JS LAND PLC's 2021 financial report described 31 storeys and 339 units, while a 2022 company publication referred to 33 storeys and 369 units. IPS Cambodia also lists 31 storeys and 339 units. The public sources do not conclusively explain the difference, so the approved building plan, title records and unit-specific documents should control the transaction.

Sources

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

  1. JS LAND PLC · JS LAND PLC Annual Report 2022 — company registration, first-project history and The Garden Residency 2 status · 27.08.2026
  2. JS LAND PLC · JS LAND PLC Annual Report 2023 — The Garden Residency 2 completion and sales, The Garden Residency 3 plan · 27.08.2026
  3. JS LAND PLC · Investor Relations — current disclosures on The Garden Residency 2 and the pre-operational phase of The Garden Residency 3 · 27.08.2026
  4. JS LAND PLC · The Garden Residency 2 unit handover notice dated 28 August 2023 · 27.08.2026
  5. JS LAND PLC · Notification on land acquisition for The Garden Residency 3 — Phnom Penh Thmey site and acquisition price · 27.08.2026
  6. ACLEDA Securities Plc. · JSL listed-company profile — listing date, security code and business profile · 27.08.2026
  7. IPS Cambodia · The Garden Residency 2 — independent project profile with location, unit sizes and building specifications · 27.08.2026
  8. JS LAND PLC · JS LAND PLC publication on The Garden Residency 2 topping-off — alternative floor and unit-count specifications · 27.08.2026
  9. Council for the Development of Cambodia · Foreign ownership law for private units in co-owned buildings and investment handbook — basis for foreign ownership checks · 27.08.2026