NovMorgan Group / Morgan Jovan (Cambodia) Real Estate Development Co., Ltd.
Morgan Jovan (Cambodia) Real Estate Development Co., Ltd. is most directly associated in public sources with Morgan Park Villa, a landed residential development in Phnom Penh's Chroy Changvar district. The project was introduced in 2021 as a collaboration between Morgan Group and Jovan Group, and Realestate.com.kh uses the full Morgan Jovan company name for the developer profile. The wider Morgan Group platform in Cambodia appears through several project and sales entities, so the group brand should not be assumed to be the legal seller on a specific contract.
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A company name is not a recommendation. Check the project company, contract and selected unit before reservation.
Overview
Morgan Jovan (Cambodia) Real Estate Development Co., Ltd. is most directly associated in public sources with Morgan Park Villa, a landed residential development in Phnom Penh's Chroy Changvar district. The project was introduced in 2021 as a collaboration between Morgan Group and Jovan Group, and Realestate.com.kh uses the full Morgan Jovan company name for the developer profile. The wider Morgan Group platform in Cambodia appears through several project and sales entities, so the group brand should not be assumed to be the legal seller on a specific contract.
Track record
Morgan Park Villa was publicly introduced in February 2021, and the current Realestate.com.kh project record lists 2023 as its completion year. The same platform carries current resale listings for completed homes inside the development, providing practical evidence of delivered housing stock. The broader Morgan Group is also associated with Morgan Tower and Morgan EnMaison, but public sources use other legal entities for those projects, so they are better treated as group-level history rather than automatically attributed to Morgan Jovan itself.
Segments and prices
Morgan Park Villa is a landed-house and villa development rather than a condominium scheme. The current project record shows developer-table pricing from USD 180,000 for a twin villa and from USD 250,000 for a grand villa, while resale listings include lower asking prices of roughly USD 120,000-160,000 for some homes. These are different transaction types and unit conditions, so pricing only becomes comparable after checking the exact house, land parcel, title and sale terms.
Geography
The development is in Bak Kaeng, Chroy Changvar, along National Road 6A north of central Phnom Penh. Public profiles for both Morgan Jovan and Morgan Park Villa consistently use this location. For a landed-home buyer, however, the estate address is not enough: the cadastral parcel number and boundaries of the specific property should match the documents supplied by the seller.
Reliability and public record
Morgan Park Villa has several signs of real delivery: it has been publicly documented since 2021, the current project record gives a 2023 completion year, and completed homes are being marketed within the estate in 2026. That provides more verifiable operating history than a development that exists only in promotional material. Corporate transparency is still incomplete, however: Morgan Group, Morgan Jovan and other entities appear across different Cambodian projects, while claims about the long history of Jovan Group or Morgan Group relate to brands broader than this single Cambodian company. Transaction reliability should therefore be assessed against the seller's and land parcel's documents, not brand recognition alone.
What to verify
Before paying a reservation, obtain the full registration details of the company named as seller in the contract and confirm whether it is Morgan Jovan (Cambodia) Real Estate Development Co., Ltd. or another group entity. For the specific home, verify the cadastral parcel, registered landowner, title type, mortgages or other encumbrances, construction approvals and the actual handover status of estate infrastructure. Morgan Park Villa's project record describes registered land title, but that does not allow a foreign buyer to own Cambodian land directly: land ownership is reserved to Cambodian citizens and Khmer legal entities. A foreign villa buyer should therefore have an independent lawyer review a lawful long-term land-use structure and should not rely on nominee ownership.
Projects in the NovAsia catalogue
These are the projects currently shown in the NovAsia catalogue; the list is not a complete corporate portfolio.
Photo: Phnom Penh Realtors, verified Morgan Park Villa listingMorgan Park Villa
Sources
Sources are named for independent checking. NovAsia does not publish outbound links.
- realestate.com.kh · Morgan Jovan (Cambodia) Real Estate Development Co., Ltd. — developer profile · 27.08.2026
- realestate.com.kh · Morgan Park Villa — project record, completion, unit types and pricing · 27.08.2026
- Cambodia-China Times · Launch of Morgan Park Villa as a Morgan Group and Jovan Group collaboration · 27.08.2026
- Fresh News · Morgan Group in Cambodia: Morgan Tower, Morgan EnMaison and Morgan Park Villa · 27.08.2026
- Council for the Development of Cambodia · Land in Cambodia — ownership rules and foreign restrictions · 27.08.2026