NovThe Penthouse Residence Co., Ltd
The Penthouse Residence Co., Ltd. is publicly documented primarily as the project company behind the namesake high-rise condominium on Sothearos Boulevard in Tonle Bassac, Phnom Penh. Current profiles from APS Cambodia and IPS Cambodia explicitly identify it as the developer of the 458-unit building. This review did not verify a separate development portfolio for the same legal entity, so buyers should assess the company mainly through the completed The Penthouse Residence project and the documents for the specific transaction rather than through broad brand claims.
A company name is not a recommendation. Check the project company, contract and selected unit before reservation.
Overview
The Penthouse Residence Co., Ltd. is publicly documented primarily as the project company behind the namesake high-rise condominium on Sothearos Boulevard in Tonle Bassac, Phnom Penh. Current profiles from APS Cambodia and IPS Cambodia explicitly identify it as the developer of the 458-unit building. This review did not verify a separate development portfolio for the same legal entity, so buyers should assess the company mainly through the completed The Penthouse Residence project and the documents for the specific transaction rather than through broad brand claims.
Track record
One major completed development is clearly documented: The Penthouse Residence. Knight Frank records a 2013 launch and counted the project's 458 units among Phnom Penh condominium supply completed in Q4 2019. More recent APS Cambodia, IPS Cambodia and Realestate.com.kh profiles use 2020 as the completion year. Regardless of the one-year discrepancy, the building has long been operational, with an active rental and resale market. No other completed projects by The Penthouse Residence Co., Ltd. were publicly verified in this review.
Segments and prices
The Penthouse Residence sits in Phnom Penh's upper condominium segment. Knight Frank classifies it as high-end and gives a historical sale-price benchmark of roughly US$2,500-US$4,000 per sq m. The 2026 resale market is broader: public examples include a 33 sq m studio at about US$65,000, a 51 sq m studio at US$114,832, a 119 sq m three-bedroom unit at US$300,000, and a combined 233.3 sq m unit at US$590,000. These are individual seller asking prices rather than a developer price list, so comparisons should account for titled area, floor, condition, furnishings and recurring building charges.
Geography
The company's verified development geography is limited to Phnom Penh. The Penthouse Residence is at 83B Sothearos Boulevard, Tonle Bassac, Chamkarmon, opposite AEON Mall 1 and near Sofitel Phnom Penh Phokeethra. This review found no public evidence of The Penthouse Residence Co., Ltd. developments elsewhere in Cambodia.
Reliability and public record
The strongest part of the public record is the asset itself: the building is completed and operational, has an active rental and resale market, and current listings for individual units explicitly show strata titles. Historical specifications are less consistent. Knight Frank describes 36 storeys and 2019 completion, while current APS Cambodia, IPS Cambodia, Cam Realty Service and Realestate.com.kh profiles generally use 43 storeys and 2020. Even the official project website uses both 36 and 43 storeys in different sections. For a completed building, that discrepancy is not by itself evidence of a title problem, but it is a reason to rely on the exact unit title, approved building documentation and current management records rather than older marketing summaries.
What to verify
Because The Penthouse Residence is already completed, due diligence is less about promised construction delivery and more about the exact unit and its current owner. Before payment, verify the original strata title, unit number, titled area and registered owner, and check for any mortgage, charge, litigation or other encumbrance as well as the seller's authority to transact. A foreign buyer should separately confirm the unit's floor and remaining foreign quota: Cambodian law permits foreign ownership of private units only above the ground floor, while aggregate foreign ownership is capped at 70% of the total private-unit floor area in the building. Buyers should also obtain the co-ownership rules, current management and sinking-fund charges, any seller arrears, rental restrictions and the actual services included, as public listings show differing operating-cost arrangements.
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: The Penthouse Residence official websiteFrequently asked questions
Has The Penthouse Residence Co., Ltd. developed other projects?
The namesake condominium in Tonle Bassac is the clearly verified development. This review found no separate completed portfolio that could be reliably attributed to the same legal entity. Buyers should therefore judge the company's experience through the delivered building and corporate records rather than assume the existence of a broader group portfolio.
When was The Penthouse Residence completed?
Public sources differ by one year. Knight Frank places completion of the 458 units in Q4 2019, while current APS Cambodia, IPS Cambodia and Realestate.com.kh profiles use 2020. For a resale purchase in an operating building, the current title, physical condition and building records matter more than choosing between those historical dates.
Can a foreign buyer register a unit at The Penthouse Residence in their own name?
In principle, yes, if the specific unit qualifies under Cambodia's foreign-ownership rules and can be registered with an individual strata title. Cambodian law permits foreigners to own private units in a co-owned building only above the ground floor, while a separate sub-decree caps aggregate foreign ownership at 70% of the total private-unit floor area. Current The Penthouse Residence listings show strata-titled units, but eligibility of the selected property and the remaining quota should be confirmed before purchase.
Sources
Sources are named for independent checking. NovAsia does not publish outbound links.
- The Penthouse Residence · Official The Penthouse Residence website — address, 458 units and building characteristics · 27.08.2026
- APS Cambodia · The Penthouse Residence — developer, 458 units, 43 floors and 2020 completion · 27.08.2026
- IPS Cambodia · The Penthouse Residence — project profile identifying The Penthouse Residence Co., Ltd. as developer · 27.08.2026
- Knight Frank Cambodia · The Penthouse Residence condo profile — 2013 launch, 458 units, high-end segment and 2019 completion · 27.08.2026
- Knight Frank · Phnom Penh condominium market H2 2019 — The Penthouse Residence completion in Q4 2019 · 27.08.2026
- Realestate.com.kh · Current The Penthouse Residence unit listing — strata title, price and unit details · 27.08.2026
- Council for the Development of Cambodia · Law on foreign ownership of private units in co-owned buildings — floor restriction and registration rights · 27.08.2026
- DFDL · Cambodia Real Estate Investment Guide 2025 — 70% foreign-ownership cap · 27.08.2026