Mekong Phnom Penh Development Corporation (MPDC)
Mekong Phnom Penh Development Corporation Ltd. (MPDC) is publicly associated primarily with Borey The Mekong Royal in Phnom Penh. That link is supported by industry coverage, a current project profile and archived company directories, so this is more than a loose brand attribution. However, the open sources reviewed did not establish a current August 2026 corporate extract or active developer-licence status; those should be obtained separately for any transaction.
A company name is not a recommendation. Check the project company, contract and selected unit before reservation.
Overview
Mekong Phnom Penh Development Corporation Ltd. (MPDC) is publicly associated primarily with Borey The Mekong Royal in Phnom Penh. That link is supported by industry coverage, a current project profile and archived company directories, so this is more than a loose brand attribution. However, the open sources reviewed did not establish a current August 2026 corporate extract or active developer-licence status; those should be obtained separately for any transaction.
Track record
MPDC's public track record is documented mainly through Borey The Mekong Royal. Construction & Property Magazine reported an initial phase of more than 400 homes and an adjacent second phase of more than 600, with detached and twin villas, link houses, shophouses and flats among the housing types. In 2018, the PropertyGuru Cambodia Property Awards named Borey The Mekong Royal Best Housing Development (Phnom Penh), explicitly identifying MPDC as the developer. The sources reviewed do not establish a broader completed portfolio under the same legal entity.
Segments and prices
MPDC's verified segment is landed low-rise housing rather than condominiums. A 2015 industry report placed early Borey The Mekong Royal pricing at roughly US$70,000 to more than US$1 million depending on house type; those figures belong to the project's early sales period and are not a current developer price list. Recent listings show an active resale market within the development, but the value of any specific home should be assessed separately from historical launch pricing and verified against the current owner, plot and title.
Geography
MPDC's verified development activity is concentrated in Phnom Penh. Borey The Mekong Royal sits along National Road 6A in Preaek Lieb, Chroy Changvar; early industry coverage described the site as roughly seven kilometres north of Chroy Changvar Bridge. The reviewed sources do not provide reliable evidence of separate MPDC developments in other cities.
Reliability and public record
MPDC has several meaningful elements in its public record: a large delivered housing development, industry coverage dating back to the mid-2010s, independent recognition from PropertyGuru in 2018, and a company listing in Construction & Property Magazine's 2023 directory. That establishes operating history, but it does not substitute for current legal due diligence. The reviewed public sources did not confirm a fresh government extract, an active development licence or a current official corporate website, so a new purchase should not rely solely on the project's historical award and market recognition.
What to verify
For Borey The Mekong Royal, due diligence should focus first on the land and the exact selling entity. Verify who is registered as owner of the specific plot and house, what title has been issued, whether there is any mortgage or other encumbrance, whether the contractual seller matches the registered owner, and whether MPDC or any other named entity currently has authority to sell. For a direct developer purchase, request a current corporate extract, active licence, permits relevant to the phase, and evidence concerning handover of infrastructure and common areas where applicable. Foreign buyers should be especially careful because Cambodian law does not allow foreigners to own land directly: condominium foreign-quota rules do not solve ownership of a landed borey home, so any lawful ownership or long-term lease structure must be assessed separately without nominee arrangements.
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: public materials from a verified home listing at Borey The Mekong RoyalBorey The Mekong Royal
Frequently asked questions
Which project is publicly confirmed for MPDC?
Borey The Mekong Royal in Preaek Lieb, Chroy Changvar, Phnom Penh. Its connection to Mekong Phnom Penh Development Corporation is supported by PropertyGuru, Construction & Property Magazine and Realestate.com.kh.
Does MPDC have a documented delivery history?
Yes. Borey The Mekong Royal has a public record going back to the mid-2010s, and later sale and rental listings indicate an established secondary market within the development. The reviewed sources do not establish a separate portfolio of other MPDC projects, so the evidence supports a substantial track record around one large development rather than a broad multi-project pipeline.
What does the 2018 PropertyGuru award tell a buyer?
Borey The Mekong Royal won Best Housing Development (Phnom Penh), with MPDC named as developer. It is useful independent evidence of the project's standing at the time, but it does not confirm the company's current licence, the absence of encumbrances on a specific property or the quality of a 2026 contract.
Can a foreigner own a house in Borey The Mekong Royal in their own name?
Foreigners cannot directly own land in Cambodia. Because a borey home is tied to a land plot, the foreign-ownership rules for private units in co-owned buildings do not automatically provide land ownership. Before buying, the buyer should establish a lawful use or long-term lease structure and verify the title separately; nominee arrangements should not be treated as a substitute for compliant ownership.
Sources
Sources are named for independent checking. NovAsia does not publish outbound links.
- PropertyGuru Asia Property Awards · Borey The Mekong Royal — winner of Best Housing Development (Phnom Penh), with MPDC named as developer · 27.08.2026
- Construction & Property Magazine · The Mekong Royal Opens 2nd Plan — early project history, phase scale, house types, pricing and location · 27.08.2026
- Institut de recherche pour le développement / Planète Enfants & Développement · Affordable Housing in Phnom Penh — MPDC identified as developer of Borey The Mekong Royal in Preaek Lieb, Chroy Changvar · 27.08.2026
- Construction & Property Magazine · Industry directory, January–February 2023 — contact listing for Mekong Phnom Penh Development Corporation Ltd. · 27.08.2026
- Realestate.com.kh · Borey The Mekong Royal — current development profile, MPDC attribution, housing types and address · 27.08.2026
- Council for the Development of Cambodia · Land — Cambodia's land ownership framework and restriction on direct foreign ownership · 27.08.2026