NovV.I Land Investment Co., Ltd.
V.I Land Investment Co., Ltd. currently presents itself publicly as the developer behind Vong Residence, a landed residential community in southern Phnom Penh. The project's official website associates V.I Land Investment with a development of about six hectares, while PropertyGuru's 2024 Cambodia awards attributed Vong Residence to V.I Land Investment Co., Ltd. for its architectural design award. Earlier official and industry records, however, name a different company: the Vong Residence trademark was registered in 2022 to BOSSBA INVESTMENT CO., LTD., and PropertyGuru attributed the project to Bossba Investment in its 2023 awards. The brand, trademark owner and current development entity should therefore not be assumed to be legally identical without documentary confirmation.
A company name is not a recommendation. Check the project company, contract and selected unit before reservation.
Overview
V.I Land Investment Co., Ltd. currently presents itself publicly as the developer behind Vong Residence, a landed residential community in southern Phnom Penh. The project's official website associates V.I Land Investment with a development of about six hectares, while PropertyGuru's 2024 Cambodia awards attributed Vong Residence to V.I Land Investment Co., Ltd. for its architectural design award. Earlier official and industry records, however, name a different company: the Vong Residence trademark was registered in 2022 to BOSSBA INVESTMENT CO., LTD., and PropertyGuru attributed the project to Bossba Investment in its 2023 awards. The brand, trademark owner and current development entity should therefore not be assumed to be legally identical without documentary confirmation.
Track record
The principal verified development is Vong Residence on Road 20A in Dangkao. Realestate.com.kh lists 314 units and a stated 2026 completion year, while the official website presents several villa, shophouse and business-building formats. Public completion data are inconsistent: FazWaz marks the project as completed in January 2026, whereas an earlier-updated Realestate.com.kh profile still shows only 5% construction progress despite the same 2026 completion year. It would therefore be unsafe to state that the entire estate and all common infrastructure are complete; readiness should be confirmed for the specific house and phase. A 2024 company publication also referred to Vong Tower in Chroy Changvar as another project under development, but no independent evidence of its completion was found.
Segments and prices
Vong Residence operates in the landed-housing segment, with compact link houses, larger villas, twin villas, shophouses and business-oriented units. A current Realestate.com.kh listing offers a three-bedroom Lumhor Touch Villa from about US$89,000, with a house of roughly 5.2 by 11.7 metres on a 5.2 by 19 metre plot. Another listing shows a four-bedroom Lumhor Villa from about US$159,000, with a house of roughly 5.2 by 12.9 metres on the same plot dimensions. For larger formats, the official website lists the Visoth Villa on plots of approximately 382.5–500 sq m. These are unit- and product-specific references, so the exact price, land area, construction status, specification and payment schedule should be obtained for the selected property.
Geography
V.I Land Investment's principal verified project is in southern Phnom Penh: Vong Residence covers about six hectares along Road 20A (104) in Tien, Dangkao. The official website highlights connectivity to Ring Road 3 and the new Techo International Airport. The company itself placed a second project, Vong Tower, in the Chroy Changvar satellite-city area in a 2024 publication, but public information remains insufficient to establish its completion status or a separate delivery record.
Reliability and public record
The company and project have several verifiable signs of genuine activity: an active official website, current house listings, a 2024 PropertyGuru architectural-design award for Vong Residence, and a 2024 memorandum with Phillip Trustee concerning trust administration for foreign buyers. The principal uncertainty is the project's corporate attribution. PropertyGuru named Vong Residence as a Bossba Investment Co., Ltd. project in 2023, while Cambodia's Department of Intellectual Property confirms that the Vong Residence mark is registered to BOSSBA INVESTMENT CO., LTD.; in 2024, PropertyGuru attributed the same project to V.I Land Investment. Meurn Srey Net has also been publicly associated with both entities, appearing as an executive of Bossba Investment in 2023 and as chairwoman of V.I Land Investment in 2024. This suggests possible corporate continuity or affiliation but does not establish its legal form. Buyers should therefore verify the chain of rights and contracting party rather than infer legal responsibility from the shared project brand or management name.
What to verify
For a purchase at Vong Residence, first establish which legal entity is the registered owner of the specific land parcel and which entity will sign the sale agreement. The roles of V.I Land Investment and BOSSBA INVESTMENT CO., LTD. should be documented separately: who owns the land, who holds the construction approval, who controls the project rights and who is responsible for handover. For the selected property, verify the hard land title, parcel boundaries, mortgages and other encumbrances, permits, the actual completion of the house and common infrastructure, and the payment and handover terms. For a foreign buyer, V.I Land Investment's memorandum with Phillip Trustee does not create automatic ownership rights: foreigners cannot directly own Cambodian land. If a trust or long-term lease structure is proposed, independently verify the licensed trustee, registration of the trust or lease, beneficiary rights, term, costs, resale and inheritance mechanics, and the exact land title covered by the arrangement.
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: IPS Cambodia; original watermark retainedFrequently asked questions
Who is actually the developer of Vong Residence — V.I Land Investment or Bossba Investment?
The current official website and PropertyGuru's 2024 awards identify V.I Land Investment Co., Ltd. with the project. However, PropertyGuru attributed Vong Residence to Bossba Investment Co., Ltd. in 2023, and the official trademark register confirms that BOSSBA INVESTMENT CO., LTD. owns the Vong Residence mark. Public information is insufficient to establish the legal mechanism connecting or transferring the project between the entities, so transaction documents and land records should resolve the question rather than simply choosing the newer attribution.
Is Vong Residence fully completed?
Public sources conflict. FazWaz records completion in January 2026, while Realestate.com.kh still carries a profile showing 5% construction progress and a stated 2026 completion year. The official site continues to actively market and display house types but does not publish one project-wide completion document. Buyers should therefore verify the exact house, roads, drainage and shared infrastructure through documents and physical inspection.
Can a foreign buyer own a house and land at Vong Residence?
Not as direct ownership of the underlying land: Cambodian law prohibits foreigners from owning land. Phillip Trustee confirms a memorandum with V.I Land Investment concerning trust administration for foreign homebuyers, but any specific structure still requires contract- and registration-level verification. A lawful long-term lease may be another route, subject to transaction-specific terms and registration; a marketing promise is not a substitute for a registered legal right.
Sources
Sources are named for independent checking. NovAsia does not publish outbound links.
- Vong Residence / V.I Land Investment Co., Ltd. · Vong Residence official website — V.I Land Investment, project size, location and product range · 27.08.2026
- Realestate.com.kh · Vong Residence — 314 units, stated 2026 completion and construction-status profile · 27.08.2026
- Realestate.com.kh · Lumhor Touch Villa — current listing from approximately US$89,000 · 27.08.2026
- Realestate.com.kh · Lumhor Villa — approximately US$159,000 listing and house/plot dimensions · 27.08.2026
- FazWaz Cambodia · Vong Residence — independent profile reporting January 2026 completion · 27.08.2026
- PropertyGuru Asia Property Awards · PropertyGuru Cambodia Property Awards 2024 — Vong Residence attributed to V.I Land Investment Co., Ltd. · 27.08.2026
- PropertyGuru Group · PropertyGuru Cambodia Property Awards 2023 — Vong Residence attributed to Bossba Investment Co., Ltd. · 27.08.2026
- Ministry of Commerce, Department of Intellectual Property · Official Intellectual Property Gazette — Vong Residence mark registered to BOSSBA INVESTMENT CO., LTD. · 27.08.2026
- Phillip Trustee (Cambodia) Co., Ltd. · Phillip Trustee and VI Land Investment memorandum on trust administration for foreign homebuyers · 27.08.2026
- Vong Residence / V.I Land Investment Co., Ltd. · 2024 company publication — Vong Residence and announced Vong Tower project · 27.08.2026
- Council for the Development of Cambodia · Cambodian land law — foreign land ownership and perpetual leases · 27.08.2026