NovKHCN Investment & Development Co., Ltd
KHCN Investment & Development Co., Ltd's public real-estate record in Cambodia is concentrated almost entirely around one large project, The Sea Gate Suite in Sihanoukville. Cambodian business media identified KHCN as the project's owner and developer when sales launched, while the Cambodia China Friendship Collaboration Association named Xu Liang as chairman of the company in July 2024. The sources checked did not establish a broader independently documented residential portfolio, so buyers should assess KHCN primarily through the execution and legal documentation of this specific development.
A company name is not a recommendation. Check the project company, contract and selected unit before reservation.
Overview
KHCN Investment & Development Co., Ltd's public real-estate record in Cambodia is concentrated almost entirely around one large project, The Sea Gate Suite in Sihanoukville. Cambodian business media identified KHCN as the project's owner and developer when sales launched, while the Cambodia China Friendship Collaboration Association named Xu Liang as chairman of the company in July 2024. The sources checked did not establish a broader independently documented residential portfolio, so buyers should assess KHCN primarily through the execution and legal documentation of this specific development.
Track record
The Sea Gate Suite entered the market in December 2017 as a high-rise mixed-use development near Victory Beach. Project coverage and marketplace profiles describe a 43-storey scheme with about 101,797 sq m of built area and 1,118 units. In May 2020, China State Construction Engineering Corporation reported that one of its subsidiaries had signed a major fit-out contract covering hotel rooms, apartments and some common areas. However, the sources checked did not provide a current official completion or occupancy document for the entire building: Compass lists an advertised December 2022 delivery date, but that is marketplace data rather than confirmation from a public authority.
Segments and prices
The project sits in the high-rise condominium and mixed-use segment, with public profiles showing studios plus one- and two-bedroom units of roughly 31 to 113 sq m. A Harbor Property listing dated 14 February 2024 showed asking prices of about US$127,658 to US$256,437, while Compass later indexed an asking level around US$3,320 per sq m. These are sales-platform figures that may refer to different unit types and packages; no current official KHCN price schedule was found in the sources checked, so pricing should be confirmed for the exact unit and contract.
Geography
KHCN's confirmed development geography is Sihanoukville. The Sea Gate Suite is identified at Plot 001, Street 705, Village 3, Sangkat 3, Mittakpheap, near Victory Beach and the provincial administration area. The sources checked did not establish separate KHCN residential developments in other Cambodian cities.
Reliability and public record
KHCN has a verifiable project trail: it is repeatedly identified as developer of The Sea Gate Suite, construction involved a major China State Construction contractor, and the company still appeared in business-association activity through its chairman in 2024. One large project, however, is not enough to support a broad judgement about execution quality, particularly because current independent evidence of final building completion and unit handover is limited. For a buyer, the practical focus should therefore be the documents for the exact unit, the building's present physical and legal status, and evidence of completed transfers to owners.
What to verify
Before paying, match the full seller name in the contract against KHCN Investment & Development Co., Ltd and confirm that the contracting party is legally entitled to sell the selected unit and receive the funds. For the building, request permits and documents establishing its current completion and operating status; for the unit, review the registered strata title, encumbrances, floor and remaining capacity under the 70% foreign-ownership quota. Compare any advertised delivery date with the physical condition of the exact unit, outstanding works and the contract's delay, termination and refund provisions. Any rental-return, buy-back or management promise should be treated as enforceable only to the extent that it is expressly written into the contract and backed by an identified obligor.
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.
renderRender: FazWaz Cambodia project-page materialsFrequently asked questions
Is KHCN Investment & Development actually the developer of The Sea Gate Suite?
Yes. Multiple independent sources support that attribution: Fresh News and Cambonomist identified KHCN as the project owner/developer at launch, and later property platforms also name the company as developer. A buyer should still verify that the seller of the specific unit is the same legal entity or a properly documented related party.
Is The Sea Gate Suite fully completed?
Public data does not support a confident building-wide answer. Compass lists an advertised December 2022 delivery date and Harbor Property was still marketing units in 2024, but the sources checked did not provide a current official completion or occupancy document for the whole complex. Buyers should therefore verify the present status of the specific building and unit through documents and physical inspection.
Can a foreign buyer own a unit at The Sea Gate Suite directly?
Cambodian law allows an eligible foreigner to own a private unit in a registered co-owned building above the ground floor, provided foreign ownership does not exceed 70% of the building's total private-unit floor area. That general rule does not automatically establish eligibility for a particular unit, so its title, floor and remaining foreign quota should be verified before purchase.
Sources
Sources are named for independent checking. NovAsia does not publish outbound links.
- Fresh News Cambodia · The Sea Gate Suite sales launch — confirms KHCN as project owner, 43 storeys and more than 100,000 sq m of floor area · 27.08.2026
- Cambonomist · The Sea Gate Suite — confirms the developer, about 101,797 sq m of built area and Sihanoukville location · 27.08.2026
- China State Construction Engineering Corporation · The Sea Gate Suite fit-out contract — confirms China State Construction participation in 2020 · 27.08.2026
- Harbor Property · The Sea Gate Suite listing — 1,118 units, 31-113 sq m unit sizes and asking prices as of 14 February 2024 · 27.08.2026
- Compass Real Estate Cambodia · The Sea Gate Suite — advertised December 2022 delivery and current sales listing · 27.08.2026
- Cambodia China Friendship Collaboration Association · 2024 business meeting — identifies Xu Liang as chairman of KHCN Investment and Development Co., Ltd · 27.08.2026
- Open Development Cambodia / Royal Government of Cambodia · Law on foreign ownership of private units in co-owned buildings — confirms the basic ownership right and floor restriction · 27.08.2026
- BNG Legal · Foreign ownership guidance — confirms the 70% cap on private-unit floor area · 27.08.2026