NovMorgan Group
Morgan Group has a visible Cambodian footprint across large residential and commercial developments, but public records and project materials do not point to a single Cambodian legal entity behind every scheme. That distinction matters to a buyer more than the umbrella brand itself: the developer and seller named in the transaction documents should be checked project by project. Morgan Tower and Morgan EnMaison are attributed by industry sources to Morganford Investment (Cambodia) Co., Ltd.; a Cambodian report on the Morgan The Pure Bay groundbreaking, however, names Ever Ascent Development as the project company.
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A company name is not a recommendation. Check the project company, contract and selected unit before reservation.
Overview
Morgan Group has a visible Cambodian footprint across large residential and commercial developments, but public records and project materials do not point to a single Cambodian legal entity behind every scheme. That distinction matters to a buyer more than the umbrella brand itself: the developer and seller named in the transaction documents should be checked project by project. Morgan Tower and Morgan EnMaison are attributed by industry sources to Morganford Investment (Cambodia) Co., Ltd.; a Cambodian report on the Morgan The Pure Bay groundbreaking, however, names Ever Ascent Development as the project company.
Track record
The group has a verifiable delivery record in Phnom Penh. Morgan Tower operates as an office building on Koh Pich and won PropertyGuru awards in 2020 for office development, architecture and interior design; Morgan EnMaison was also recognised in the same awards programme and is now marketed by several agencies as a completed residential scheme. Public sources differ on EnMaison's exact completion year, so delivery should be assessed at the level of the specific tower and handover documents rather than from one headline project date.
Segments and prices
Morgan Group's documented Cambodian output spans large condominium schemes and commercial property, while Morgan EnMaison itself ranges from compact apartments to much larger residences. Listings checked on 27.08.2026 showed entry asking prices for EnMaison at roughly US$79,000-80,000 across different brokers. These are market listings rather than a single verified developer price list, and the actual figure depends on unit size, tower, floor, handover status, fit-out and whether the unit is primary or resale stock.
Geography
The brand's strongest documented footprint is in Phnom Penh, particularly Koh Pich and Chroy Changvar. In Sihanoukville, Morgan Group was publicly associated with Morgan The Pure Bay near Otres Beach, whose groundbreaking was reported in 2019. For that coastal development, buyers should verify the current project status and the contracting legal entity separately, because the available public record is older and less consistent than for the Phnom Penh schemes.
Reliability and public record
Morgan Group has a more substantial public record than a single-project developer: there is an operating commercial building, a large residential development and independent industry coverage. That does not make the brand itself the contractual counterparty. Public materials use Morgan Group as the brand, Morganford Investment (Cambodia) Co., Ltd. for Phnom Penh projects and Ever Ascent Development in a report on the launch of Morgan The Pure Bay, so the reliability of a specific purchase depends not only on brand history but also on the documents of the company receiving funds and signing the sale agreement.
What to verify
For the selected property, first match the marketing brand against the exact seller and developer named in the contract and against the account receiving the buyer's funds. For a condominium unit, confirm that the building is registered under the co-ownership regime, that the specific unit can receive an individual title and that foreign quota remains available; Cambodian law caps foreign ownership at 70% of the total surface area of private units in such a building. At Morgan EnMaison, verify the status and handover documents for the specific tower; at Morgan The Pure Bay, re-check the current development status, active legal entity and its underlying rights because public sources are not fully consistent on the project structure.
Projects in the NovAsia catalogue
These are the projects currently shown in the NovAsia catalogue; the list is not a complete corporate portfolio.
Photo: IPS Cambodia; the platform watermark has been retained
renderRender: FazWaz project page / realestate.com.kh materials
renderRender: Morgan Central City project material published by ThmeyThmeySources
Sources are named for independent checking. NovAsia does not publish outbound links.
- PropertyGuru Asia Property Awards · Cambodia Property Awards 2020 archive — attribution of Morgan Tower and Morgan EnMaison to Morganford Investment (Cambodia) Co., Ltd. and award results · 27.08.2026
- Knight Frank Cambodia · Morgan Tower profile — operating office building on Koh Pich · 27.08.2026
- APS Cambodia · Morgan EnMaison — location, status and current listings · 27.08.2026
- ERA Cambodia · Morgan EnMaison — developer, unit types and stated completion date · 27.08.2026
- ASEAN DLA News Archive · 2019 groundbreaking of Morgan The Pure Bay in Sihanoukville · 27.08.2026
- Council for the Development of Cambodia · Cambodian Law on Providing Foreigners with Ownership Rights in Private Units of Co-Owned Buildings · 27.08.2026
- APS Cambodia · Morgan Tower — current leasing profile and confirmation of the 2020 awards · 27.08.2026
- CPP.org.kh · Report on the Morgan The Pure Bay groundbreaking naming Ever Ascent Development · 27.08.2026
- Ministry of Land Management, Urban Planning and Construction · Official explainer on foreign ownership rights in private units of co-owned buildings · 27.08.2026