NovPCD Group / LCH Investment Group
PCD Group and LCH Investment Group are publicly linked most clearly through La Maison Plaza, a mixed commercial-residential shophouse development in northern Phnom Penh. Launch coverage identifies PCD as Pacrim Camblossom Development Co., Ltd. and describes it as a joint development partner with LCH Investment Group Co., Ltd., while Cambestate Management Co., Ltd. also appears as the project owner and management entity. For a buyer, the key issue is therefore not the marketing group name but the exact legal entity acting as seller and developer under the contract.
A company name is not a recommendation. Check the project company, contract and selected unit before reservation.
Overview
PCD Group and LCH Investment Group are publicly linked most clearly through La Maison Plaza, a mixed commercial-residential shophouse development in northern Phnom Penh. Launch coverage identifies PCD as Pacrim Camblossom Development Co., Ltd. and describes it as a joint development partner with LCH Investment Group Co., Ltd., while Cambestate Management Co., Ltd. also appears as the project owner and management entity. For a buyer, the key issue is therefore not the marketing group name but the exact legal entity acting as seller and developer under the contract.
Track record
For this specific PCD/LCH pairing, one project is clearly documented: La Maison Plaza, formally launched in July 2022. PCD also has a separate corporate trail, with Pacrim Camblossom Development Co., Ltd. appearing in Cambodia's official intellectual-property gazettes through trademark records in 2019–2021. LCH has a broader Cambodian business history and describes itself as a diversified group active in property and infrastructure, but that wider LCH experience should not be presented as a completed portfolio of the PCD/LCH joint development vehicle.
Segments and prices
La Maison Plaza is not a condominium project; its documented product is landed shophouse property. The main project listing gives 226 units in four-storey buildings, with standard floor areas of roughly 216–320 sq m. Older listings advertised a SoHo C unit at about USD 198,000, while larger formats were materially more expensive; current project pages generally show price on application. Those figures are best treated as historical unit-level asking prices rather than a current developer-wide price list.
Geography
La Maison Plaza is in Svay Pak, Russey Keo, in northern Phnom Penh, positioned around a corridor serving Russey Keo, Sen Sok, Prek Pnov and Chroy Changvar. Public project materials present it as a 24-hour commercial hub intended to serve those four districts. No other joint PCD Group and LCH Investment Group development was confidently verified in the sources reviewed.
Reliability and public record
The project has several independent public signals: local media covered its 2022 launch, and in 2023 La Maison Plaza won PropertyGuru's Best Shophouse Development award, although that award was attributed to Cambestate Management Co., Ltd. rather than solely to PCD/LCH. Current construction status is not consistent across sources: FazWaz marks the project as completed in January 2025, while Realestate.com.kh still shows only 5% construction progress alongside a 2025 completion year on a recently updated page. Completion should therefore be verified through the actual property, approvals and current site condition rather than inferred from aggregator labels alone.
What to verify
Before buying at La Maison Plaza, establish which related legal entity actually signs the sale contract: Pacrim Camblossom Development Co., Ltd., LCH Investment Group Co., Ltd., Cambestate Management Co., Ltd., or a separate project company. Then verify the landowner, the registered title for the exact plot, construction and occupancy approvals, actual unit completion, handover timetable and all compulsory charges. This is particularly important for foreign buyers because shophouses are landed property: foreigners cannot directly own land in Cambodia, and the statutory foreign-ownership regime of up to 70% applies to qualifying private units in co-owned buildings rather than ordinary landed homes. Any long-term lease or alternative holding structure offered to a foreign buyer should be reviewed independently under Cambodian law.
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.
renderRender: project materials via 21 CambodiaFrequently asked questions
Who is the actual developer of La Maison Plaza?
Sources show several layers of attribution. Launch coverage describes La Maison Plaza as a joint development by Pacrim Camblossom Development Co., Ltd. and LCH Investment Group Co., Ltd., while Cambestate Management Co., Ltd. appears as project owner and manager and was the entity credited by PropertyGuru for the 2023 award. For a transaction, the legally relevant party is the entity named in the sale agreement and land documents.
Is La Maison Plaza completed?
Public data is inconsistent. FazWaz states that the project was completed in January 2025, while a recently updated Realestate.com.kh project page still shows only 5% construction progress despite also listing 2025 as the completion year. Current completion should therefore be confirmed by site inspection and unit-level documentation.
Does PCD Group have a large verified development portfolio?
The reviewed sources clearly verify La Maison Plaza for the PCD Group / LCH Investment Group pairing. Pacrim Camblossom Development Co., Ltd. has an earlier corporate trail in official gazettes, and LCH has a much broader business and investment history, but that is not the same as a verified portfolio of completed joint residential developments.
Can a foreigner directly own a La Maison Plaza shophouse?
Direct foreign ownership of land is prohibited in Cambodia. The regime allowing foreigners to own qualifying private units in co-owned buildings, subject to a statutory ceiling, does not automatically extend to a landed shophouse and its underlying plot. A foreign buyer should have the proposed contractual and holding structure reviewed for the specific property before committing funds.
Sources
Sources are named for independent checking. NovAsia does not publish outbound links.
- LCH Investment Group · Official LCH Investment Group website — group profile and business activities · 27.08.2026
- Department of Intellectual Property, Ministry of Commerce Cambodia · Official trademark gazette — Pacrim Camblossom Development Co., Ltd. · 27.08.2026
- Koh Santepheap Daily · La Maison Plaza launch coverage — identification of PCD, LCH and Cambestate Management roles · 27.08.2026
- Realestate.com.kh · La Maison Plaza — 226 units, shophouse types, stated title and current project-status page · 27.08.2026
- FazWaz Cambodia · La Maison Plaza — stated January 2025 completion · 27.08.2026
- PropertyGuru Group · Cambodia Property Awards 2023 — La Maison Plaza as Best Shophouse Development · 27.08.2026
- Council for the Development of Cambodia · Cambodia land ownership framework — restrictions applicable to foreigners · 27.08.2026