NovXINGSHAWAN MANSION REAL ESTATE DEVELOPMENT CO., LTD.
XINGSHAWAN MANSION REAL ESTATE DEVELOPMENT CO., LTD. is publicly traceable mainly through Xingshawan Residence in Sihanoukville. Knight Frank classifies the condominium as a mid-tier scheme and states that the development by the same-named company was completed in late 2021. No broader verified residential portfolio for this legal entity was identified in the public sources reviewed, so the developer is better assessed through Xingshawan Residence itself and the documents for the specific transaction rather than through assumptions about a wider group.
A company name is not a recommendation. Check the project company, contract and selected unit before reservation.
Overview
XINGSHAWAN MANSION REAL ESTATE DEVELOPMENT CO., LTD. is publicly traceable mainly through Xingshawan Residence in Sihanoukville. Knight Frank classifies the condominium as a mid-tier scheme and states that the development by the same-named company was completed in late 2021. No broader verified residential portfolio for this legal entity was identified in the public sources reviewed, so the developer is better assessed through Xingshawan Residence itself and the documents for the specific transaction rather than through assumptions about a wider group.
Track record
Xingshawan Residence entered the market in the first half of 2019, when Knight Frank recorded the launch of Xingshawan Bay Residence as part of Sihanoukville's new wave of large condominium developments. By its H2 2021 review, Knight Frank recorded the project as completed in late 2021, with 750 units and more than 80% sold. That provides evidence of delivery of a sizeable residential scheme, but the company's public track record beyond this project remains very limited.
Segments and prices
The verified project is a high-rise condominium focused mainly on one- and two-bedroom units. Knight Frank reported an average price of about USD 1,800 per sqm around completion, which matches the older realestate.com.kh project listings. In 2026, international portal pages still display units under XINGSHAWAN MANSION REAL ESTATE DEVELOPMENT CO., LTD., including about USD 81,414 for 45.23 sqm and USD 161,532 for 89.74 sqm. Those figures almost exactly reproduce the historic USD 1,800 per sqm pricing and may be legacy primary-sale inventory pages, so they should not be treated as verified current market prices without confirming availability and the actual seller.
Geography
Knight Frank places Xingshawan Residence in Sihanoukville's Sangkat 4, while current listings also use the Sangkat Buon designation. This is an urban condominium rather than an island or remote resort development. For a buyer in an already completed building, the useful location questions are no longer the old growth narrative for Sihanoukville but the actual condition of access roads and building systems, occupancy, functioning common areas, service costs and real rental demand in this part of the city.
Reliability and public record
A clear strength in the record is independent confirmation that Xingshawan Residence was actually delivered: Knight Frank counted it among completed Sihanoukville condominium supply in late 2021. However, in December 2024 Cambodian Chinese Times, citing a notice from the Sihanoukville Provincial Court, reported a temporary restriction on disposal of two buildings owned by XINGSHAWAN MANSION REAL ESTATE DEVELOPMENT CO., LTD. in a dispute with its construction contractor over an alleged unpaid balance of about USD 3.69 million. The report said the interim measure was to remain pending final resolution; no reliable public source establishing the later outcome of the case was identified during this review. Public descriptions also differ on the buildings themselves: Knight Frank refers to 29 storeys, older portal pages to 30 floors, while the court report describes two blocks expanded from 31 to 35 storeys. None of this proves that every unit is encumbered, but it makes building-specific title and current court-restriction checks essential.
What to verify
Before buying at Xingshawan Residence, obtain the original title for the exact unit and a current registry extract showing the registered owner, any mortgage, seizure, court restriction or other encumbrance. Because of the dispute reported in 2024, match the block number, cadastral details and unit address against the buildings covered by the interim measure and obtain evidence of its current status. Verify who is actually selling and receiving the money: the developer, a related company or an existing private owner. A foreign buyer should confirm that the unit is separately registered within a co-owned building, is above the ground level and that foreign ownership capacity remains available; Cambodian rules cap foreign ownership at 70% of the total private-unit floor area. Also request the building's completion or occupancy documentation, current house rules, management fees and any arrears, and inspect the actual condition of the building systems — for a completed development, these points matter more than the original sales brochure.
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: XIGANG XINGSHAWAN International Hotel page on Trip.comXingshawan Residence
Frequently asked questions
Was Xingshawan Residence actually completed?
Yes. Knight Frank independently records Xingshawan Residence as one of two condominium developments completed in Sihanoukville during H2 2021. The consultant lists 750 units and classifies the project in the mid-tier segment.
Does XINGSHAWAN MANSION REAL ESTATE DEVELOPMENT have other verified projects?
The reviewed public sources clearly support Xingshawan Residence first and foremost. A broader completed residential portfolio for this exact legal entity is not publicly traceable, so other similarly named projects should not be attributed to the company without documentary evidence.
Does the 2024 court dispute mean that every Xingshawan Residence unit is unsafe to buy?
No. The report concerned an interim court restriction over two company-owned buildings in a contractor dispute, but the final public outcome was not identified in this review and public descriptions of the blocks differ. The practical conclusion is therefore not a blanket rejection of the project, but a mandatory unit-specific check of title, block identity and current encumbrances.
Can a foreign buyer register a Xingshawan Residence unit in their own name?
Potentially yes, if the exact apartment has a separate title in a registered co-owned building, is above the ground level and the foreign ownership quota has not been exhausted. Cambodian law permits such foreign ownership but caps it at 70% of the total private-unit floor area. The original title and the buyer's ability to register that specific unit should be confirmed for the transaction.
Sources
Sources are named for independent checking. NovAsia does not publish outbound links.
- Knight Frank Research · Sihanoukville H2 2021 review — Xingshawan Residence completion, 750 units, 29 storeys and average pricing · 27.08.2026
- Knight Frank Research · H1 2019 market review — launch of Xingshawan Bay Residence in Sihanoukville · 27.08.2026
- realestate.com.kh · Xingshawan Residence — unit listing identifying XINGSHAWAN MANSION REAL ESTATE DEVELOPMENT CO., LTD. as developer and the historic USD 1,800 per sqm price · 27.08.2026
- Realtor.com International · Xingshawan Residence — 2026 listing for a 45.23 sqm unit under the company name · 27.08.2026
- Realtor.com International · Xingshawan Residence — 2026 listing for an 89.74 sqm unit under the company name · 27.08.2026
- Cambodian Chinese Times · 2024 court dispute — report of an interim restriction over two XINGSHAWAN MANSION buildings in a contractor-payment dispute · 27.08.2026
- Council for the Development of Cambodia · Cambodia Law on Foreign Ownership of Private Units in Co-owned Buildings — eligible floors · 27.08.2026
- Council for the Development of Cambodia / Cambodian Investment Board · Handbook on Investing in Cambodia — foreign ownership cap of up to 70% of private-unit floor area through strata titles · 27.08.2026