NovSarita Property & Development
Sarita Property & Development's public Cambodian track record is centred on La Cozii TK, a compact condominium development in Toul Kork, Phnom Penh. Pointer's independent market report identifies Sarita Property & Development as the developer and lists the project among Phnom Penh condominium completions in the first half of 2023. Public corporate disclosure on the developer itself is limited, however, so the brand name should not be treated as sufficient evidence of the exact registered entity acting as seller in a specific transaction.
A company name is not a recommendation. Check the project company, contract and selected unit before reservation.
Overview
Sarita Property & Development's public Cambodian track record is centred on La Cozii TK, a compact condominium development in Toul Kork, Phnom Penh. Pointer's independent market report identifies Sarita Property & Development as the developer and lists the project among Phnom Penh condominium completions in the first half of 2023. Public corporate disclosure on the developer itself is limited, however, so the brand name should not be treated as sufficient evidence of the exact registered entity acting as seller in a specific transaction.
Track record
La Cozii TK was launched in 2019; SOMA Construction & Development records the start of structural works in November 2019 and includes the property in its completed-project portfolio. Pointer lists the development as completed in H1 2023. Sources differ on the final unit count: Knight Frank recorded 76 units when the project launched in 2019, while Pointer reported 79 in 2023, so the exact number of registered private units is best confirmed from the building's current legal documentation.
Segments and prices
La Cozii TK is an urban condominium offering small studios, one- and two-bedroom units and larger upper-floor formats. PropertyHub currently shows unit sizes of roughly 25 to 153 sq m and published asking prices from about US$58,000 to US$392,000 depending on unit type. These are marketplace figures rather than a verified current Sarita Property & Development price list, so buyers should establish whether a unit is developer inventory or a resale and confirm all transaction and management charges separately.
Geography
Sarita Property & Development's confirmed development activity is concentrated in Phnom Penh. La Cozii TK is in Toul Kork, around Boeung Kak 2, and Realestate.com.kh also places the developer's profile in this part of the city. No additional completed Cambodian projects attributable to Sarita Property & Development could be verified to the same standard from the sources checked.
Reliability and public record
The strongest verifiable point in the developer's profile is a completed condominium that appears both in Pointer's market research and in the portfolio of structural contractor SOMA. Sarita Property & Development itself is far less publicly documented than Cambodia's larger development groups: the sources checked do not provide a detailed corporate history, public financial reporting or a broad independently verified completion record. For a buyer of an existing unit, that does not by itself make the property unsuitable, but it shifts due diligence away from brand reputation and toward the specific unit title, building condition and the legal authority of the actual seller.
What to verify
Because La Cozii TK is already built, due diligence should focus less on future construction promises and more on the selected unit's present legal and physical status. Confirm the seller's full registered name, authority to transfer the unit, the individual title, any encumbrances or unpaid charges and, for a foreign buyer, the permitted floor and remaining foreign-ownership quota in the building. Buyers should also verify actual management and maintenance fees, parking rights, the condition of common areas, any major repair history and whether the unit is being sold by Sarita Property & Development or by a private owner on the secondary market.
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: NovAsia project-page materialsFrequently asked questions
Which Sarita Property & Development project is verified in Cambodia?
La Cozii TK in Toul Kork, Phnom Penh is the clearest verified project. Knight Frank recorded it at launch in 2019, SOMA documents its structural work on the building, and Pointer lists it among condominium completions in H1 2023. No broader Sarita Property & Development portfolio could be independently verified to the same standard from the sources checked.
Is La Cozii TK completed?
Yes. Pointer's independent market report lists La Cozii TK among projects completed in H1 2023, and current property platforms also show a 2023 completion. A buyer should still verify the selected unit's individual title and registration status because physical completion of the building and legal readiness of a particular unit are separate matters.
Can a foreign buyer own a unit in La Cozii TK?
Cambodian law allows eligible foreigners to own private units in registered co-owned buildings above the ground floor, subject to a 70% cap on foreign ownership measured against the building's total private-unit floor area. For La Cozii TK, a buyer should therefore verify the selected unit's floor, individual registered title and the remaining foreign quota at the time of transfer rather than relying on a general statement that the condominium is foreign-ownable.
Sources
Sources are named for independent checking. NovAsia does not publish outbound links.
- Pointer Property · Phnom Penh Real Estate Market Report — identifies Sarita Property & Development as La Cozii TK developer, reports 79 units and H1 2023 completion · 27.08.2026
- Knight Frank · Cambodia Real Estate Highlights H2 2019 — records La Cozii TK launch with 76 units · 27.08.2026
- SOMA Construction & Development Co., Ltd. · La Cozii TK — confirms SOMA's structural works and November 2019 start date · 27.08.2026
- SOMA Construction & Development Co., Ltd. · SOMA project history — lists La Cozii TK among the company's 2020 projects · 27.08.2026
- PropertyHub Cambodia · La Cozii TK project page — confirms location, unit types, stated title, 2023 completion and published asking prices · 27.08.2026
- Realestate.com.kh · Cambodia developer directory — places Sarita Property & Development in Boeung Kak 2, Toul Kork · 27.08.2026
- Open Development Cambodia / Royal Government of Cambodia · Law on Providing Foreigners with Ownership Rights in Private Units of Co-owned Buildings — legal basis for foreign condominium ownership · 27.08.2026
- DFDL · Foreign ownership and condominiums guidance — confirms the 70% cap based on total private-unit floor area · 27.08.2026