NovSarita Property & Development
Also known as: Sarita Property and Development, Sarita Property
A developer brand publicly associated with the completed La Cozii TK project in Toul Kork; its legal entity, establishment year, origin, and full portfolio remain unconfirmed.
Sarita Property & Development says little about itself, while its one well-documented property already operates in Toul Kork. La Cozii TK entered construction in late 2019. SOMA Construction lists the project among its completed work and confirms responsibility for the structural package, while market sources place completion in 2023.
This is a case where a weak corporate story does not prevent a useful assessment of finished real estate. The building exists, receives residents and guests, and has apartments in rental, resale and aparthotel use.
A smaller building in an established district
La Cozii TK includes studios, one- and two-bedroom apartments and larger layouts. A rooftop pool and terrace, gym and parking form the shared amenity package.
Toul Kork supports several types of demand: families, students, company employees and tenants wanting access to schools and northern Phnom Penh. A compact building may be easier to understand than a very large complex because there are fewer units and the overall condition is more visible.
Aparthotel and short-stay use also change the atmosphere. For investors, hospitality operations may create additional demand. For permanent residents, they mean more guest turnover and less privacy. In a completed property, that balance can be observed rather than guessed.
Even the basic specifications need careful reading
Sources describe 76 or 79 residences and count either 17 or 18 storeys. The difference may come from revised plans or treatment of technical floors. It is a useful example of why final documentation for the exact unit matters more than an old project listing.
Sarita has no confirmed series of other developments. La Cozii TK carries almost the entire company reputation. This limits any view of repeatability, but keeps the profile honest: the developer can be judged through one completed building without an artificially enlarged portfolio.
Buyers should focus on management, the durability of finishes, engineering systems and demand for the specific layout. If La Cozii remains in good condition several years after completion, that will provide stronger evidence for Sarita than any future claim of rapid expansion.
Legal name and role
| Legal name | Sarita Property & Development Co., Ltd (claimed by sources) |
| Origin | Unknown; Public Project Activity Is Evidenced In Cambodia |
| Cities | Phnom Penh |
| Segments | Condominium, Serviced Apartment, Residential High Rise, Residential, Mixed Use |
Role in projects
Market profiles
Photo: NovAsia project-page materialsConfirmed portfolio and project history
Confirmed
- La Cozii TK · 2023
What to verify in the transaction
- Which full legal entity is named as the SPA seller, and what document proves its relationship to the Sarita brand?
- Who owns the land, which entity holds the construction and use permits, and who is liable for latent defects?
- Can the buyer review approved as-built plans, the strata schedule, and the official unit register explaining the floor and unit-count discrepancies?
- What title will a foreign buyer receive, is foreign quota available, and has strata title been registered for the selected unit?
- Which documents prove completion, occupancy approval, and legal handover, and are any defects or contractor obligations still outstanding?
- Who manages the building, and what are the service charge, reserve fund, parking rights, and long- and short-term rental rules?
Open questions and source differences
Confirmed
- The name Sarita Property & Development is publicly associated with La Cozii TK across NovAsia, Realestate.com.kh, and project-level profiles.
- SOMA Construction includes La Cozii TK in its portfolio, identifies its scope as structural works, and records a November 2019 start.
- Knight Frank recorded the project as a second-half 2019 launch with 76 units.
- Current NovAsia and Realestate.com.kh profiles use 18 storeys and 79 units.
- One project, La Cozii TK Condominium, is currently linked to the brand in the NovAsia catalogue.
- Public project materials use the name Sarita Property & Development Co., Ltd for La Cozii TK.
- SOMA Construction lists La Cozii TK among completed works, while market sources date completion to 2023.
Not confirmed
- The full incorporated legal name, registration and tax numbers, incorporation date, good standing, shareholders, and ultimate beneficial owners.
- A corporate Sarita website or corporate social profiles; the located accounts are project-level La Cozii TK profiles.
- Any wider company portfolio beyond La Cozii TK and Sarita's exact role in other developments.
- Which entity owns the land, holds permits, signs the SPA as seller, and is responsible for managing La Cozii TK.
- Independent evidence of on-time completion and handover or the absence of material construction defects.
- The current strata-title status, foreign quota, availability, prices, fees, parking rights, and rental rules for a selected unit.
- Any commercial or agency relationship with NovAsia.
- No public registry extract or incorporation year for Sarita Property & Development Co., Ltd was found.
- No additional completed developments under the same entity were confirmed.
Source conflicts
- Knight Frank records 76 units, while current NovAsia and Realestate.com.kh pages use 79; the final count should be verified against the strata schedule and as-built documents.
- An official contractor update called the property a 17-storey condominium, current profiles use 18 storeys, and NovAsia records an older project reference to a 31st floor; the counting method and final configuration require documentary reconciliation.
- SOMA places La Cozii TK under Completed Projects, but this primarily evidences completion of its own structural-work scope, not legal handover of the entire development to buyers.
- Building #51 on Street 590 is published as a sales-office/contact address, while Street 606 is identified as the project location; the two roles should not be conflated.
Ask NovAsia to verify this
What is not publicly confirmed can be checked on request — the form opens with this developer pre-filled.