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Century Plaza

Century Plaza is a completed JLECC commercial complex on Russian Federation Boulevard in Kakab 1, western Phnom Penh. It is neither a residential condominium nor a single-purpose office tower.

Phnom Penh · Porsen CheyBased on developer material

Century Plaza: project image
Photos: project materials

From $72,915Per broker listings. Current price list, layouts and availability — discussed one-to-one with a project specialist

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What it is
Commercial project
Where
110 Russian Federation Boulevard, Sangkat Kakab 1, Khan Por Sen Chey, Phnom Penh, Cambodia · Phnom Penh
Stage
Completed · 2022
Price
From $72,915guide price, final by unit
Transparency
8 facts confirmed · 3 to verify

Why this project is worth a look

Arterial-road frontage

Century Plaza fronts Russian Federation Boulevard, one of the principal routes through western Phnom Penh. A shop, showroom or service operator gains a recognisable address and possible road exposure, although the value of any unit still depends on its frontage, level and the internal customer route. Inspection should confirm whether the relevant zone is visible from an entrance and easy to reach from basement parking.

A broad size range

Public offerings extend from compact retail counters to commercial blocks measured in hundreds of square metres. That creates options for both a small operator and a larger occupier. Units should not be compared on total price alone: usable area, storefront width, access to services, the possibility of combining space and fit-out cost can produce very different economics.

An established trading address

The project replaced a longstanding market, so the Century Plaza name already has a commercial association in the area. Historical recognition may support local awareness, but it is not proof of present customer traffic. A sound assessment pairs the site’s legacy with current observation: how many units trade, which categories are active and whether visitors circulate through the selected part of the building.

A completed structure

Because the building is finished, a buyer can inspect real entrances, corridors, parking, common-area condition and neighbouring uses rather than relying only on renders. That reduces uncertainty about the physical product. Completion does not guarantee a ready business, however; fit-out, permits, utility capacity and occupancy in the chosen zone remain separate checks.

About the project

Century Plaza is a completed JLECC commercial complex on Russian Federation Boulevard in Kakab 1, western Phnom Penh. It is neither a residential condominium nor a single-purpose office tower. The development was conceived as a multi-format business and shopping centre combining small retail counters, larger commercial units, office accommodation, food-oriented space and a proposed hotel component. That mix makes it relevant to owner-operators and commercial-property buyers who value arterial-road visibility and a range of unit sizes. It also increases the need for unit-level due diligence. Position within the building, active neighbouring tenants, customer circulation, service access and operating rules can matter as much as the headline floor area or asking price.

The scheme redeveloped the former Century Plaza market, which project material traces back to 1996. Reconstruction was announced in 2019, works began on November 27, 2019, and the main structure was reported complete in November 2021. Current project profiles describe 2022 as the completion year, while a 2024 report discussed trial-operation preparations and assistance for merchants fitting out their premises. Those dates are not necessarily contradictory, but they refer to different milestones. Structural completion, handover of individual units and stable operation of an entire commercial centre are separate events. Century Plaza should therefore be treated as a physically completed asset whose present trading condition still needs an on-site check.

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The most consistent current specification is six above-ground floors plus two basement levels. The basements provide parking, while the upper building is arranged around retail galleries and commercial zones. Its angular corner site faces Russian Federation Boulevard, and project descriptions refer to open planning and natural light. Earlier reports count the building differently, using seven floors or nine levels. Those figures should not be blended into an invented total. A buyer assessing a specific unit should rely on the approved floor plan, building records and the unit’s own technical documentation rather than a short marketing summary.

Published plans divide the development among market and everyday retail uses on lower levels, shop and service space, food and restaurant functions, offices and a hotel-related component. Early launch material also mentioned entertainment uses, open areas and a rooftop bar, but the presence and operating status of those elements have not been independently established. The practical distinction is between an originally proposed floor programme, the permitted use of a particular unit and the business actually operating around it today. A restaurant, salon, wholesale counter, client-facing office and conventional shop will each require different ventilation, power, loading, signage and opening-hour arrangements.

Market listings illustrate an unusually broad unit spectrum. Public examples include counters of roughly 5–6 sqm, units around 14 sqm, a Zone H space described as approximately 17–18 sqm, a 42 sqm Zone O retail or office unit, a 225 sqm M1/M2 block and a large Zone O commercial space of about 527 sqm. Asking prices range from $72,915 for the smaller Zone H example to $1,575,729 for the largest advertised block. These figures are not a unified developer price list and do not prove current availability. The spread reflects size, zone, level, frontage and potentially different legal or handover conditions, all of which must be compared unit by unit.

The address retains strong urban visibility on Russian Federation Boulevard, with access to roads 2009 and 2005 and the established residential and commercial catchment of Por Sen Chey. Older descriptions frequently market Century Plaza through its proximity to Phnom Penh International Airport. That claim now needs context. Passenger operations moved to the new Techo International Airport outside the city in September 2025, while the former airport remains available for other functions. A current investment case should therefore not depend primarily on air-passenger traffic. More durable demand drivers are the local population, workers in western Phnom Penh, road traffic, the Kakab trading area and access from surrounding districts.

For a completed commercial asset, operating evidence matters more than the construction label alone. Public information presents a mixed picture: a 2024 article described preparations for trial operation, while user reviews from different dates mention both closed sections and newly opened shops. Reviews are not formal evidence of occupancy, but they explain why claims of hundreds of merchants or automatic high footfall should not be inserted into a financial model without verification. A serious inspection should cover both a weekday and a weekend, count operating storefronts on the relevant level, observe parking and wayfinding, and include conversations with management and existing occupiers. Service charges, opening rules and any restrictions on signage or deliveries should be requested in writing.

Legal checks belong at unit level. One Realestate.com.kh listing identifies long-term leasehold tenure, yet that does not establish a single legal structure across every Century Plaza zone. A buyer should obtain proof of the seller’s authority, the precise unit identifier and boundaries, the remaining term, assignment and resale rules, foreign-buyer eligibility, outstanding management charges and the authorised commercial use. The measured area also needs reconciliation with the plan: the Zone H advertisement refers to 17 sqm in its text and approximately 18 sqm in its key data. Even a modest difference can affect effective purchase cost, equipment layout and rental assumptions in a small commercial unit.

Century Plaza is most defensible as a purchase when the buyer has a clear operating scenario and is prepared to verify performance rather than acquire a generic shopping-centre story. Small counters can suit a test retail or service concept; mid-sized spaces may work for a showroom, shop or client-facing office; larger units require an operator capable of generating its own destination traffic. The decisive issue is not simply whether the building is prominent. It is whether the chosen zone supports the intended business: storefront visibility, loading access, active neighbours, permitted use, operating hours and a price justified by current occupancy. Documents and fieldwork are essential, but that discipline is what separates a functional commercial unit from space that may remain idle.

Unit types & sizes

Compact Zone G retail counter
about 5 sqm

An entry-size format for an operator needing a counter or sales point rather than a full shop. The frontage width, storage provision, electrical capacity and signage rules should be checked before modelling the business. The area comes from a project listing example and does not establish present availability.

Price on request
Small Zones I/J/K/L unit
about 6–14 sqm

Units in this range may suit accessories, services, a compact showroom or a collection point when customer circulation passes directly by the frontage. One 14 sqm advertisement places the unit on the second floor and identifies long-term leasehold tenure; neither the legal structure nor traffic should be assumed for other zones.

Price on request
Zone H retail unit
approximately 17–18 sqm

This is the lowest public asking-price anchor found for Century Plaza. The advertisement text states 17 sqm while the key data is closer to 18 sqm, so the plan and measured area must be reconciled. It may suit a small shop or service use, subject to the exact Zone H position and surrounding occupiers.

$72,915 asking price
Zone O retail or office unit
42 sqm

A mid-sized option for a shop, client-facing office or showroom with an internal layout. The listing text contains a copied passage referring to a different 527 sqm unit, so the advertisement is not a clean primary record. The buyer needs the exact plan, unit identifier, photographs of this specific space and confirmation of permitted use.

$125,579 asking price
Large M1/M2 retail block
225 sqm

This scale could support a substantial shop, restaurant concept, large showroom or service operator requiring several functional areas. Loading, ventilation, utility capacity, fire requirements and fit-out cost become decisive at this size. The listing provides an asking-price example, not evidence of condition, income or an existing lease.

$724,499 asking price
Large Zone O commercial space
527 sqm

The largest public example is relevant only to a buyer with a defined operating model, a substantial fit-out budget and the ability to create destination traffic. Its related advertisement contains the reverse copy mix-up with the 42 sqm unit, so identity and boundaries require separate proof. Subdivision or combination rights, entrances, service points and recurring charges should be checked before making an offer.

$1,575,729 asking price

These are examples from public project listings rather than a confirmed live availability schedule. Zone, level, measured area, fit-out condition, legal tenure, charges and availability must be checked for each unit separately. Prices are the lowest the brokerage boards publish, not the developer’s price list — the price and availability of a specific unit are something we go through with you personally.

Facilities

16 amenities

Access and common areas

  • two basement parking levels
  • entrance and lobby areas
  • lifts between levels
  • retail galleries and common circulation

Safety

  • CCTV
  • fire alarm stated in project listings
  • sprinkler system stated in project listings
  • backup generator stated in selected listings

Commercial functions

  • retail units in multiple sizes
  • office and service space
  • food-oriented zones
  • proposed hotel component

Design

  • angular corner site
  • Russian Federation Boulevard frontage
  • open-space elements in the concept
  • natural light in common areas

How the tower is arranged

  1. B2–B1Basement parking
  2. Lower retail levelsMarket, shops, services and small retail units in the published programme
  3. Third levelFood and entertainment uses in the original plan
  4. Upper levelsOffice and hotel-related components; current operation requires confirmation

Location

  • The Russian Federation Boulevard address connects the project directly to a major urban route and gives Century Plaza a recognisable presence in Kakab 1. Frontage orientation and safe vehicle access will vary by unit, so the route should be tested during peak traffic rather than judged only from a map.
  • Roads 2009 and 2005 provide further links to residential neighbourhoods and commercial areas across Por Sen Chey. This supports a local-catchment case rather than a purely transit-led one: most shops and services need repeat customers from the surrounding district.
  • The former international airport remains close to the corridor, but passenger flights moved to Techo International Airport in September 2025. Current positioning should describe the established former-airport corridor and western Phnom Penh rather than promise an ongoing stream of airline passengers.
  • The location is better suited to concepts that can attract customers from the road or nearby neighbourhoods. A business relying mainly on incidental circulation inside the centre should measure footfall on the exact floor and zone before committing.
  • The map point is tied to 110 Russian Federation Boulevard and the site’s plus code. A selected unit still needs to be reconciled with the floor plan because the complex contains several zones and entrances.

Address / landmark110 Russian Federation Boulevard, Sangkat Kakab 1, Khan Por Sen Chey, Phnom Penh, Cambodia

Price & purchase terms

  • Current price: From $72,915 in a Zone H unit listing updated on July 20, 2026. This is a lower public market anchor rather than a project-wide price: the exact unit, measured area, legal tenure, availability, fees and transaction terms need to be confirmed separately.
  • Completed: 2022

We show the lowest of the prices the brokerage boards publish: their figures for the same unit differ by a few per cent, and none of them is the developer’s price list. We ask the developer for the current price, availability and payment terms on the unit you are looking at, and go through them with you personally.

Completed

Project stage — what we know

Completed in 2022. Not a render.

Visit in person and see the real units; resale and rentals exist.

  1. Planned
  2. Building
  3. Done
Verified by NovAsia

Transparency index

Facts already published on this page and points we clarify together.

8documented key facts
3we clarify before bookingwe go through these together, not as stop factors

The project has 8 documented key facts; 3 items are clarified before booking.

We count facts already published on this page. The index does not assess the project’s quality.

At a glance

DeveloperJLECC
LocationPhnom Penh · Porsen Chey
CategoryCommercial project
SubtypeRetail and office complex
ConstructionCompleted
Floors6
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Best for: Entrepreneurs seeking a compact retail or service format who are willing to inspect footfall, storefront position and adjacent business categories in person.; Companies needing a showroom, client-facing office or commercial address on a visible western Phnom Penh arterial road, subject to confirmation of permitted use and utility capacity.; Medium and large operators able to fund fit-out, marketing and their own customer acquisition rather than relying entirely on building-wide traffic.; Commercial-property investors prepared to complete technical, legal and operating due diligence on the specific unit without treating advertised yield or occupancy claims as established performance.; may not suit: Residential buyers looking for a home, because Century Plaza is commercial rather than residential property.; Investors requiring already verified rental income, stable occupancy and a fully transparent management history without further investigation.; Businesses whose model depends primarily on passenger traffic from the former airport, since scheduled passenger operations moved to Techo International Airport.; Buyers unwilling to examine long-term leasehold terms, assignment rules, management charges and use restrictions for the specific unit..

What we confirm before booking

A short, specific to the project list. We request these from the developer and go through them with you before any payment.

  • the legal entity in the SPA and the payee’s bank details
  • the title format and what is registered against the unit
  • the contractual handover date in the SPA — the page shows the date from the project’s materials
  • the contractual area of the chosen unit, and which basis it is measured on

Disputed and unknown information

This keeps the open points in one place. A missing or disputed fact is not treated as a conclusion.

  • Sources count the building differently: current profiles state six above-ground floors plus two basements, a 2019 report says seven floors, and a 2024 article refers to nine levels. Gross area is also reported as about 50,000 sqm or 55,800 sqm; the figures should not be treated as interchangeable without technical records.
  • Current occupancy, the active tenant mix and operation of the proposed hotel, entertainment and upper-level functions have not been independently verified. A 2024 report discussed trial operation, while visitor reviews from different dates describe varying levels of activity.
  • Tenure must be checked for each unit. Selected advertisements state long-term leasehold, but no single project-wide legal document covering every zone was found. The remaining term, assignment rules, foreign-buyer eligibility, measured area, arrears and permitted commercial use all require documentary confirmation.

FAQ

What does a unit in Century Plaza cost?

Compact Zone G retail counter — price on request; Small Zones I/J/K/L unit — price on request; Zone H retail unit — $72,915 asking price; Zone O retail or office unit — $125,579 asking price; Large M1/M2 retail block — $724,499 asking price; Large Zone O commercial space — $1,575,729 asking price. Prices are the lowest the brokerage boards publish, not the developer’s price list — the price and availability of a specific unit are something we go through with you personally.

When is Century Plaza due for completion?

2022. The contractual handover date is fixed in the SPA.

Where is Century Plaza?

110 Russian Federation Boulevard, Sangkat Kakab 1, Khan Por Sen Chey, Phnom Penh, Cambodia

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Valeria Lezhenina — NovAsia consultant

Valeria Lezhenina

Head of client support and Cambodia property consultant at NovAsia. She will pin down your goal and budget, put together a shortlist of available units, work out the payment plan and check the terms on the specific unit — before you commit, and without passing your contact to third parties.

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Informational, not a public offer or personal investment, legal or tax advice. Price, availability, payment terms and guaranteed-return/buyback conditions are confirmed per unit with the developer and their contract.