Morgan 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.

Phnom Penh, Sihanoukville · 3 linked projects

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

Overview

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

This list is assembled from the project registry by the developer identifier; it is not a claim of a complete corporate portfolio.

Completed Morgan EnMaison towers beside the Mekong River in Phnom Penh

Photo: IPS Cambodia; the platform watermark has been retained

Condominium

Morgan EnMaison

Phnom Penh · Chroy Changvar

Morgan Group

Based on developer materialCompleted

Large-scale riverside residential community · Studio–3 plus loft/penthouse

Morgan EnMaison is a Morgan Group riverside residential complex in Chroy Changvar, Phnom Penh.

From $40,000Availability and price confirmed personallyFrom $40,000 in an urgent resale listing on Realestate.com.kh checked on July 18, 2026. This is a lower market anchor from one advertisement, not a developer price list; availability, condition, tower, area, furnishing, title and final transaction terms must be verified separately with a NovAsia specialist.

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Morgan The Pure Bay, waterfront complex at Otres Beach in Sihanoukville

renderRender: FazWaz project page / realestate.com.kh materials

Mixed-use

Morgan The Pure Bay

Sihanoukville · Sihanoukville

Morgan Group

Multiple market sources

Beachfront mixed-use condominium and hospitality complex

Morgan The Pure Bay is a reported mixed-use project in Sihanoukville whose groundbreaking took place on 31 July 2019.

Price on requestAvailability and price confirmed personallyCurrent price is not confirmed.

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renderRender: Morgan Central City project material published by ThmeyThmey

Mixed-use

Morgan Central City

Phnom Penh · Russey Keo

Morgan Group

Based on developer materialUnder construction

Integrated residential, office, hotel and retail complex

From $27,000Availability and price confirmed personallyFrom $27,000 in the lowest public sales card checked on July 26, 2026. This is a market reference, not a guaranteed project price; the selected unit, availability, area, finish, discount, and payment schedule require separate confirmation with a specialist.

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Frequently asked questions

Are Morgan Group and Morganford Investment (Cambodia) Co., Ltd. the same company?

Industry sources use Morgan Group as the broader brand, while PropertyGuru explicitly attributes Morgan Tower and Morgan EnMaison to Morganford Investment (Cambodia) Co., Ltd. That is not enough to assume Morganford is the counterparty for every Morgan-branded transaction. The full company name in the sale contract, property documents and payment instructions should be checked for the specific purchase.

Does Morgan Group have completed projects in Cambodia?

Yes. Morgan Tower is publicly documented as an operating Phnom Penh office building, and Morgan EnMaison is also presented by brokers as completed, although sources differ on its exact completion year. For a buyer, the more useful check is the handover and title status of the specific unit, particularly in a phased development.

Can a foreign buyer own a Morgan Group condominium unit in their own name?

Cambodian law allows foreigners to own private units in registered co-owned buildings within the statutory foreign quota, capped at 70% of the total surface area of private units. That does not mean every unit automatically qualifies. The building's registration, the title status of the specific unit and the remaining foreign quota should all be verified before purchase.

Buyer decision path

Situation

Quick — 10-second read · Morgan Group — who it is

Next step

A familiar brand is not a guarantee of delivery for a specific project.

Keep in mind

Check the legal entity and contract.

Situation

Track record

Next step

The group has a verifiable delivery record in Phnom Penh.

Keep in mind

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.

Situation

Reliability and public record

Next step

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.

Keep in mind

That does not make the brand itself the contractual counterparty.

Situation

What to verify

Next step

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.

Keep in mind

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.

Sources

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