NovTACC (C.R.) Ltd
TACC (C.R) Ltd. is a Cambodian real-estate development company incorporated in 2014 within Singapore-listed TA Corporation's group to carry out property investment and development in Cambodia. TA Corporation's 2025 annual report classifies TACC as a significant subsidiary and records the group's voting interest at 72.25%. In Cambodia, TACC's public development record is concentrated on one major asset, The Gateway in Phnom Penh, so the parent group's projects in other countries should not automatically be counted as TACC's own delivery record.
A company name is not a recommendation. Check the project company, contract and selected unit before reservation.
Overview
TACC (C.R) Ltd. is a Cambodian real-estate development company incorporated in 2014 within Singapore-listed TA Corporation's group to carry out property investment and development in Cambodia. TA Corporation's 2025 annual report classifies TACC as a significant subsidiary and records the group's voting interest at 72.25%. In Cambodia, TACC's public development record is concentrated on one major asset, The Gateway in Phnom Penh, so the parent group's projects in other countries should not automatically be counted as TACC's own delivery record.
Track record
The Gateway is a completed mixed-use development on Russian Federation Boulevard. TA Corporation's official portfolio records construction commencing in May 2016 and completion in February 2021; the scheme comprises a 39-storey residential tower with 572 apartments, a 36-storey office tower with 299 units and a two-storey retail component. Realestate.com.kh also marks the project as complete, with apartments still being marketed in 2026. PropertyGuru's Cambodia awards have recognised The Gateway in both the Phnom Penh condominium and office categories. No second completed Cambodian project under TACC (C.R) Ltd. itself was reliably confirmed in the public sources reviewed.
Segments and prices
The Gateway's residential component sits in the upper urban segment and includes one-, two- and three-bedroom apartments. The current Realestate.com.kh project page shows a 52 sq m unit at about US$167,000 and an 86 sq m unit at about US$266,000; its project pricing table gives indicative ranges of roughly US$170,000–200,000 and US$270,000–310,000 for those layouts respectively, while a larger 110 sq m type is shown as sold out. These figures relate to specific listings and a published project table rather than guaranteeing the price of any unit in 2026. Buyers should confirm the seller, net and gross floor area, level, orientation, furnishing, current charges and handover terms for the exact apartment.
Geography
TACC's verified development footprint in Cambodia is Phnom Penh. The Gateway stands on Russian Federation Boulevard in Phsar Depou I, Toul Kork, along one of the city's principal corridors between the central area and western Phnom Penh. No second TACC development in Sihanoukville, Siem Reap or another Cambodian city was reliably identified in the sources reviewed.
Reliability and public record
TACC has strong verifiable corporate disclosure and a completed large-scale asset: the company is reported in TA Corporation's financial statements, and The Gateway has been operating since 2021. Buyers should nevertheless take account of more recent events. In 2024, contractor MCCO (Cambodia) Co., Ltd. brought an approximately US$7.86 million claim against TACC relating, among other matters, to retention sums and progress payments. In October 2025, the Phnom Penh Court of Appeal varied an interim measure so that, instead of a cash security deposit, a provisional attachment applied to 25 units in The Gateway with an aggregate stated value of about US$8.37 million. Separately, in July 2025 TACC assigned sale or rental receivables attributable to certain Gateway units, valued at S$7 million, as part of the group's debt restructuring. This does not establish a problem with every apartment in the development, but it makes unit-specific legal verification particularly important. Parent company TA Corporation subsequently completed its restructuring process and resumed trading on the Singapore Exchange on 26 February 2026.
What to verify
Due diligence at The Gateway should start with the legal status of the selected unit rather than the building's general reputation. Obtain the ownership certificate for the exact apartment and verify the registered owner, contractual seller, mortgages, attachments and any other recorded restrictions. In light of TACC's proceedings with MCCO, specifically confirm that the apartment is not among the 25 units subject to the provisional attachment and establish whether it is one of the units whose sale or rental receivables were assigned under the group's restructuring. A foreign buyer should also verify the building's co-owned status and remaining foreign quota: Cambodian law permits foreigners to own private units above the ground floor, but aggregate foreign ownership is limited to 70% of the total floor area of private units. Current management charges, any outstanding unit-level fees, building rules and the documents required for title transfer should also be checked.
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.
Frequently asked questions
Who owns TACC (C.R) Ltd.?
TACC forms part of Singapore-listed TA Corporation's group. At incorporation in 2014, the group reported an effective 85% interest with the remaining 15% held by its Cambodian joint-venture partner; TA Corporation's 2025 annual report records the group's voting interest in TACC at 72.25% through Invest (CR) Pte. Ltd. The 2025 disclosure is the more relevant reference for the current group position.
Is The Gateway completed?
Yes. TA Corporation's official portfolio records completion in February 2021, while current property platforms mark the development complete and continue to carry apartments for sale and rent.
What does TACC's court dispute mean for an apartment buyer?
It should not be assumed that the dispute affects the entire development. TA Corporation's public disclosure states that the provisional attachment applies specifically to 25 units in The Gateway. The practical buyer question is therefore whether the selected apartment is one of those units and whether any other registered restriction affects it; this should be checked from the title and transaction documents before payment.
Can a foreign buyer own an apartment at The Gateway directly?
Potentially yes, provided the selected apartment is above the ground floor, carries the appropriate registered title and foreign quota remains available in the building. Cambodian law caps foreign ownership at 70% of the total floor area of private units, so a marketing statement that foreigners may buy is not sufficient; quota availability should be confirmed at the transaction date.
Sources
Sources are named for independent checking. NovAsia does not publish outbound links.
- TA Corporation Ltd. · Incorporation of TACC (C.R) Ltd. in Cambodia — incorporation date, initial ownership structure and business activity · 27.08.2026
- TA Corporation Ltd. / Singapore Exchange · TA Corporation Annual Report 2025 — TACC as a significant subsidiary and the group's 72.25% voting interest · 27.08.2026
- TA Corporation Ltd. · TA Corporation official portfolio — The Gateway, development composition and February 2021 completion · 27.08.2026
- Realestate.com.kh · The Gateway Cambodia — developer, 572 apartments, layouts, current pricing and project status · 27.08.2026
- TA Corporation Ltd. · MCCO's approximately US$7.86 million claim against TACC relating to The Gateway · 27.08.2026
- TA Corporation Ltd. · Phnom Penh Court of Appeal decision — provisional attachment over 25 units in The Gateway · 27.08.2026
- TA Corporation Ltd. · Group restructuring — TACC assignment of proceeds from designated units in The Gateway · 27.08.2026
- TA Corporation Ltd. · TA Corporation trading resumption on 26 February 2026 · 27.08.2026
- Council for the Development of Cambodia · Cambodian land and foreign-ownership rules · 27.08.2026
- Council for the Development of Cambodia · Law on foreign ownership rights in private units of co-owned buildings · 27.08.2026