NovAsia

Spring CJW Development Pte Ltd

Spring CJW Development Pte Ltd is publicly associated above all with Axis Residences, a Phnom Penh condominium launched in 2015. The developer-project link is supported by Axis materials, the project profile on Realestate.com.kh, the project architect and the Cambodian Valuers and Estate Agents Association. The reviewed public sources do not establish a broad portfolio of other completed developments or provide a complete ownership structure, so the company is best assessed through the documented delivery and operation of Axis Residences rather than broad brand claims.

Phnom Penh · 1 linked project

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

Overview

Spring CJW Development Pte Ltd is publicly associated above all with Axis Residences, a Phnom Penh condominium launched in 2015. The developer-project link is supported by Axis materials, the project profile on Realestate.com.kh, the project architect and the Cambodian Valuers and Estate Agents Association. The reviewed public sources do not establish a broad portfolio of other completed developments or provide a complete ownership structure, so the company is best assessed through the documented delivery and operation of Axis Residences rather than broad brand claims.

Track record

Axis Residences was officially launched in March 2015. The developer's February 2020 fact sheet recorded Phase 1 as completed and targeted December 2020 for Phase 2; a DAP News report in January 2021 said the overall development had been completed by the end of 2020. The project architect, AGA, lists completion in 2019, so public sources differ slightly on the exact completion date. For buyers, the more material point is that the development is now marketed as ready to move in and Realestate.com.kh records 100% construction progress; building-specific handover dates should still be checked against project documents.

Segments and prices

Spring CJW's verified product profile is a mid-scale urban condominium rather than landed housing or a borey. Axis comprises eight ten-storey residential blocks with shared facilities; the current Realestate.com.kh project profile shows units of roughly 57 to 87 sq m and lists pricing on application rather than a single current asking price. Buyers comparing Axis with other completed condominiums should therefore use the price of the specific unit and separately account for fit-out condition, parking, management costs and whether the seller is the developer or a resale owner.

Geography

Spring CJW's publicly verified development activity is concentrated in Phnom Penh. Axis Residences is on Duong Ngeap III near the international airport; public sources variously place the address in Sen Sok or Por Sen Chey, reflecting administrative and address changes. The reviewed sources do not establish a comparable Spring CJW development portfolio in other Cambodian cities.

Reliability and public record

Spring CJW has one major advantage for due diligence: a completed physical development that can be inspected, together with a public Axis Residences record extending back to its 2015 launch. In June 2026, the Cambodian Valuers and Estate Agents Association reported a joint event with the company focused on Axis sales and rentals, showing continued public activity around the project after construction. The limitation is depth of track record: the public evidence clearly traces mainly one substantial residential development, while sources differ on the completion year and even the final unit count. Those inconsistencies do not by themselves indicate a problem, but they make registered project data and unit-specific documentation particularly important.

What to verify

For an Axis Residences purchase, first establish who is selling the specific unit: Spring CJW Development Pte Ltd, a related entity or a private owner. Then verify that unit's title, any encumbrances and the registered building data: the developer's 2020 fact sheet both states 566 units and notes a plan change to 640, while the current Realestate.com.kh profile still lists 566. A foreign buyer should confirm that the unit is above the ground floor, carries the appropriate individual strata title and falls within the building's remaining foreign-ownership quota. Current management charges and parking rules should also be obtained directly, because figures in a 2020 fact sheet should not be assumed to remain unchanged in 2026.

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.

Axis Residences apartment blocks and swimming pool, Phnom PenhPhoto: IPS Cambodia
Condominium

Axis Residences

Phnom Penh · Sen Sok
Spring CJW Development Pte Ltd
Based on developer materialCompleted
Residential high-rise · 10 floors · 566 units
Axis Residences is a completed residential compound in western Phnom Penh, arranged as eight apartment blocks around a substantial shared landscape.
From $60,000Availability and price confirmed personallyFrom $60,000 in an IPS Cambodia resale listing prepared on July 26, 2026. This is a lower current resale-market anchor; confirm the specific unit's availability, price, furnishing, documents and transaction terms with a specialist before reserving.
AskOpen

Frequently asked questions

Is Axis Residences completed?

Yes. The development is physically completed and marketed as ready to move in. Realestate.com.kh records 100% construction progress and a 2020 completion year, while DAP News reported in January 2021 that construction had finished at the end of 2020. Project architect AGA lists 2019, so the formal history of a particular block is best confirmed from its completion and handover documents.

How many units are in Axis Residences?

Public materials are inconsistent. Spring CJW's February 2020 fact sheet states 566 units but, in the same entry, notes a plan change to 640 residential units plus five shop lots; the current Realestate.com.kh profile continues to list 566 units. For a transaction, the registered as-built building data and the specific unit title are more reliable than either marketing figure alone.

Can a foreign buyer own a unit at Axis Residences?

Cambodian law allows foreigners to own private units in co-owned buildings subject to statutory conditions: the unit must be above the ground floor, and foreign ownership cannot exceed 70% of the building's total private-unit floor area. That is the general legal framework; the appropriate strata title and remaining foreign quota must still be confirmed for the specific Axis unit.

Sources

Sources are named for independent checking. NovAsia does not publish outbound links.

  1. Spring CJW Development Pte Ltd · Axis Residences — project fact sheet dated 16 February 2020 · 27.08.2026
  2. Realestate.com.kh · Axis Residences — current project profile · 27.08.2026
  3. Sanwah Construction / Sanwah Project Management · Spring CJW Development — company and Axis Residences profile · 27.08.2026
  4. Cambodian Valuers and Estate Agents Association · CVEA and Spring CJW Development MoU on Axis sales and rentals — June 2026 · 27.08.2026
  5. AGA Architects Pte Ltd · Axis Residences — architect project record · 27.08.2026
  6. Council for the Development of Cambodia · Law on Providing Foreigners with Ownership Rights in Private Units of Co-owned Buildings · 27.08.2026