NovOxley Gem (Cambodia) Co., Ltd. / Oxley Holdings & Worldbridge Land
Oxley Gem (Cambodia) Co., Ltd. is a dedicated Cambodian project company within the partnership between Singapore-listed Oxley Holdings and Cambodia-based Worldbridge Land. Oxley filings show that the company was initially 75% owned by the Oxley group and 25% by Worldbridge Land; in July 2016 Oxley increased its interest to 79%, leaving the partner with 21%. Public evidence ties Oxley Gem specifically to one major development, The Peak in Phnom Penh, so the wider Oxley Worldbridge portfolio should not automatically be attributed to this legal entity.
A company name is not a recommendation. Check the project company, contract and selected unit before reservation.
Overview
Oxley Gem (Cambodia) Co., Ltd. is a dedicated Cambodian project company within the partnership between Singapore-listed Oxley Holdings and Cambodia-based Worldbridge Land. Oxley filings show that the company was initially 75% owned by the Oxley group and 25% by Worldbridge Land; in July 2016 Oxley increased its interest to 79%, leaving the partner with 21%. Public evidence ties Oxley Gem specifically to one major development, The Peak in Phnom Penh, so the wider Oxley Worldbridge portfolio should not automatically be attributed to this legal entity.
Track record
Oxley Gem's principal verified delivery is The Peak in Tonle Bassac. The development combines two 55-storey residential towers with 1,014 apartments, offices, a five-level retail podium and the Shangri-La hotel tower. Delivery was not seamless: Oxley Gem terminated the original main contractor, Sino Great Wall, in 2019 and brought in China Railway Urban Construction Group to continue the works; the dispute with the former contractor was fully settled in 2022. The residential and office components were completed in the first half of 2021, with the retail podium completed earlier. By 15 September 2025, Oxley Holdings reported 99% of residential units sold, all office units sold and 78% of retail units sold. Shangri-La Phnom Penh is now operating at the same address, confirming that the hotel component is in service.
Segments and prices
The Peak sits in the upper end of Phnom Penh's mixed-use market, combining apartments and penthouses with offices, retail and a hotel. Historic launch materials contain old price points and return programmes, but they are not reliable evidence of 2026 buying terms. No dependable current Oxley Gem price schedule was found in the public sources reviewed, and Oxley Holdings reported that almost all residential inventory had already been sold by September 2025. Current value therefore needs to be assessed unit by unit, taking account of size, title, condition, view, furnishing and recurring charges.
Geography
Oxley Gem's verified geography is concentrated in a single location: The Peak on Sam Dach Hun Sen Road, Village 14, Tonle Bassac, Chamkamorn, opposite the Koh Pich area in central Phnom Penh. AEON Mall 1, NagaWorld, the National Assembly and diplomatic premises are nearby. No other standalone Cambodian developments attributable to Oxley Gem were found with comparable public-source support.
Reliability and public record
Oxley Gem has a relatively strong documentary trail for a Cambodian project company: it appears in the financial reporting of listed Oxley Holdings, its ownership interest is disclosed, the exact company name appears in Cambodia's official intellectual-property gazette, and The Peak is repeatedly covered in Oxley's annual reports. The project history also includes a major contractor replacement and related litigation, which was settled in 2022. Completion of the principal components, high reported sales and the operating Shangri-La hotel demonstrate that the development reached an operating stage, but none of this substitutes for title and contract checks on a specific unit. Buyers should also distinguish Oxley Gem from Oxley-Worldbridge (Cambodia) Co., Ltd., Oxley Diamond, Oxley Emerald and other separate companies within the wider group.
What to verify
For a residential purchase at The Peak, first establish whether the seller is Oxley Gem, another related entity or a private resale owner. The contract and registration documents should match the exact unit, the seller's authority and the private-unit title. A foreign buyer should separately confirm floor eligibility and remaining foreign quota at the time of registration: Cambodian law permits qualifying foreigners to own private units in co-owned buildings above the ground floor, subject to an aggregate 70% foreign-ownership cap on private-unit floor area. Obtain a current title extract, check registered encumbrances, management-fee arrears, recurring charges and reserve-fund contributions, rental rules and the exact payment route. Office and retail units should not be assumed to follow the same legal route as a residential apartment; the registrable right, foreign-ownership eligibility and permitted use should be verified for that specific unit.
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: specific to the project The Peak Residences listing on IPS CambodiaThe Peak Residences
Frequently asked questions
Are Oxley Gem and Oxley Worldbridge the same company?
No. Oxley Worldbridge is used for the wider partnership and for a separate legal company, while Oxley Gem (Cambodia) Co., Ltd. was established as its own project vehicle. Oxley filings list Oxley Gem, Oxley Emerald, Oxley Sapphire and Oxley-Worldbridge as separate subsidiaries. Project and corporate records identify Oxley Gem specifically as the developer of The Peak.
Is The Peak completed or still under construction?
The main residential, office and retail components are complete: Oxley reported completion of the residential and office towers in 2021 and the retail podium in 2020. The hotel component took longer, but Shangri-La Phnom Penh is now operating within the development. A buyer should still verify the individual unit title, physical condition and any outstanding seller obligations.
Can a foreign buyer hold a The Peak apartment in their own name?
Cambodian law allows a qualifying foreigner to own a private unit in a registered co-owned building subject to statutory conditions: the unit must be above the ground floor and aggregate foreign ownership may not exceed 70% of the building's private-unit floor area. The answer for a particular apartment therefore depends on its title, floor and the remaining foreign quota at the time of registration.
Sources
Sources are named for independent checking. NovAsia does not publish outbound links.
- Oxley Holdings Limited / Singapore Exchange · Oxley Holdings Annual Report 2025 — The Peak, sales and project structure · 27.08.2026
- Oxley Holdings Limited / Singapore Exchange · Acquisition of additional interests in Cambodian subsidiaries to 79% · 27.08.2026
- Oxley Holdings Limited / Singapore Exchange · Oxley Holdings Annual Report 2023 — subsidiary listing including Oxley Gem · 27.08.2026
- Department of Intellectual Property, Ministry of Commerce of Cambodia · Cambodia IP official gazette — Oxley Gem and The Peak trademark · 27.08.2026
- Oxley Worldbridge (Cambodia) Co., Ltd. · The Peak official project page — development mix, address and residential towers · 27.08.2026
- Oxley Holdings Limited / Singapore Exchange · Oxley Holdings Annual Report 2022 — The Peak completion and contractor dispute settlement · 27.08.2026
- Shangri-La Hotels and Resorts · Shangri-La Phnom Penh — operating hotel within The Peak · 27.08.2026
- Council for the Development of Cambodia · Cambodia law on foreign ownership of private units in co-owned buildings · 27.08.2026
- Council for the Development of Cambodia · 2023 Cambodia Investment Handbook — foreign ownership and the 70% limit · 27.08.2026