NovXing Hui Property Development (Cambodia) Co., Ltd.
Xing Hui Property Development (Cambodia) Co., Ltd. has a clearly traceable connection to the large Star City mixed-use development in Phnom Penh. Cambodia's Ministry of Commerce trademark gazette records the company as the applicant and owner of the STAR CITY mark, while a 2019 inter-ministerial environmental review identifies it as the project owner. Later sources also connect Xing Hui with TK Star International. This gives buyers a verifiable Cambodian development record, but the legal seller still needs to be matched to the SPA and title for the specific unit.
A company name is not a recommendation. Check the project company, contract and selected unit before reservation.
Overview
Xing Hui Property Development (Cambodia) Co., Ltd. has a clearly traceable connection to the large Star City mixed-use development in Phnom Penh. Cambodia's Ministry of Commerce trademark gazette records the company as the applicant and owner of the STAR CITY mark, while a 2019 inter-ministerial environmental review identifies it as the project owner. Later sources also connect Xing Hui with TK Star International. This gives buyers a verifiable Cambodian development record, but the legal seller still needs to be matched to the SPA and title for the specific unit.
Track record
Star City's delivery history is supported by several independent sources. Knight Frank reported that 800 of the project's 1,600 condominium units were completed in Q3 2019 and that the remaining 800 were completed in the first half of 2020. Current property sources separately identify Xing Hui Property Development (Cambodia) Co., Ltd. as the developer of TK Star International in Toul Kork, a 34-storey, 910-unit scheme completed in 2021. Evergrowth Bank's annual reporting also identifies Xinghui chairman Peng Yixing with the development of Star City, TK Star and Star Bay.
Segments and prices
Xing Hui's documented projects are condominium and mixed-use urban developments. Knight Frank classified Star City in the high-end segment during its development period, but it is now a completed project with an active resale market: Realestate.com.kh showed individual asking prices of roughly US$48,000 to US$110,000 in August 2026. Current TK Star sources show entry asking prices around US$50,000-US$70,000 and higher depending on unit size and condition. These are live listing figures rather than a single developer price list.
Geography
The company's strongest documented footprint is in Phnom Penh. Star City sits along Russian Federation Boulevard in Sen Sok, while TK Star International is in Toul Kork near TK Avenue. Evergrowth Bank reporting and Xinghui-branded materials also associate the group's leadership with Star Bay in Sihanoukville, although the clearest legal-entity evidence for Xing Hui Property Development (Cambodia) Co., Ltd. remains tied to its Phnom Penh projects.
Reliability and public record
Xing Hui has several verification points that do not depend on sales marketing: the STAR CITY trademark is officially registered to the company, Star City underwent a documented government environmental-review process, and Knight Frank recorded completion of all 1,600 condominium units. Evergrowth Bank's public reporting adds another useful link by naming Peng Yixing as chairman of Xinghui Property Development (Cambodia) Co., Ltd. and associating him with several Cambodian developments. Xing Hui itself is privately held, however, and the sources reviewed did not provide its own current audited financial statements or a complete ownership structure. Completed schemes therefore demonstrate operating history but do not replace transaction-level financial and legal due diligence.
What to verify
For a completed Star City or TK Star unit, start with the title for the exact apartment, the registered owner and any mortgage or other encumbrance. A foreign buyer should confirm that the building is registered under the co-owned-building regime, that the unit is above the ground floor and that it remains within the permitted foreign-ownership allocation; Cambodia's official investment guidance describes a limit of up to 70% of private residential units. The legal seller and payment beneficiary should also be matched carefully: Xing Hui's historical role in a project does not mean it is automatically the counterparty in a current resale. For an occupied building, management-fee arrears, house rules, common-area condition and the unit handover record are also relevant.
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: TK Star Condo by Soben Homes listing on ExpediaTK Star Condominium
Frequently asked questions
Which project most clearly verifies Xing Hui's Cambodian track record?
Star City has the strongest documentary chain. Cambodia's Ministry of Commerce registered the STAR CITY mark to Xing Hui Property Development (Cambodia) Co., Ltd., a 2019 environmental-review record identified the same company as project owner, and Knight Frank subsequently recorded completion of all 1,600 condominium units by the first half of 2020.
Is TK Star International connected to the same developer?
Yes. Several current property sources explicitly name Xing Hui Property Development (Cambodia) Co., Ltd. as the developer of TK Star International, while Evergrowth Bank materials associate the company's chairman with the development of TK Star. A buyer should still verify the legal position of the specific unit, particularly on a resale.
Can a foreigner own a unit in a Xing Hui project in their own name?
A foreign buyer can own a qualifying private unit in a properly registered co-owned building, subject to Cambodian legal restrictions. Foreign ownership does not extend to ground-floor or underground units, and the foreign share of private residential units in the building is capped. Eligibility therefore needs to be confirmed for the specific apartment and the available quota at the time of registration.
Sources
Sources are named for independent checking. NovAsia does not publish outbound links.
- Ministry of Commerce of Cambodia, Department of Intellectual Property · Official trademark gazette — STAR CITY registered to Xing Hui Property Development (Cambodia) Co., Ltd. · 27.08.2026
- Vimean 7 Makara / report of Ministry of Environment proceedings · Inter-ministerial review of the Star City ESIA — Xing Hui identified as project owner · 27.08.2026
- Knight Frank · Cambodia Real Estate Highlights H2 2019 — first 800 Star City units completed · 27.08.2026
- Knight Frank · Cambodia Real Estate Highlights H1 2020 — completion of the remaining 800 Star City units · 27.08.2026
- ERA Cambodia · TK Star — developer, project specifications and completion status · 27.08.2026
- HomeAbroad Cambodia · TK Star International — 910 units, 34 floors and completed construction · 27.08.2026
- Evergrowth (Cambodia) Specialized Bank PLC · Evergrowth Bank annual report — Peng Yixing's Xinghui role and Star City, TK Star and Star Bay development history · 27.08.2026
- Realestate.com.kh · Phnom Penh condominiums — current Star City resale listings · 27.08.2026
- Council for the Development of Cambodia · Law on Providing Foreigners with Ownership Rights in Private Units of Co-Owned Buildings · 27.08.2026
- Council for the Development of Cambodia · Handbook on Investing in Cambodia — foreign ownership limit of up to 70% of private residential units · 27.08.2026