As Phnom Penh’s growth exceeds 10% annually, developers are reshaping the city’s landscape to address housing affordability, urbanisation and sustainability. Through transformative, community-centred projects, they are redefining urban spaces to meet modern needs.
The recent PropertyGuru Asia Property Awards (Cambodia) recognised developers leading this shift, including OCIC Group’s expansive Koh Pich City and Connexion, as well as the design-focused Vong Residence and Palm Springs. Each development aligns with Cambodia's national housing strategies and sustainable development goals, promoting a vision of sustainability, liveability, and architectural excellence.
A green vision
Awarded the ESG Developer Award, OCIC Group exemplifies a forward-thinking approach to sustainable, large-scale urban development. Koh Pich City (Best Township Development) integrates residential, commercial and community facilities across 100 hectares, accommodating luxury housing, high-rise office buildings and cultural spaces.
Designed as a high-end satellite city on reclaimed land, Koh Pich City provides a cohesive living experience through a network of bridges, roadways and green spaces. Key residential developments like Elite Town and Two River Residences sit alongside schools, hospitals, parks and entertainment venues such as the river promenade. With Phnom Penh’s population expected to double in the next decade, Koh Pich City sets a blueprint for sustainable urbanisation.
OCIC’s Connexion project, winner of the Sustainable Design Award, further demonstrates the company’s commitment to eco-conscious practices. Using bamboo and recycled composite timber, Connexion aims for a 25% reduction in energy consumption with smart lighting and rainwater harvesting systems. These features make Connexion a model for sustainable building in Phnom Penh. OCIC meets the challenges of high initial costs and market readiness by investing in long-term gains and promoting green practices through public education.
Designing for quality of life
Cambodia’s real estate sector is increasingly embracing design-focused housing that enhances quality of life, as seen in Vong Residence and Palm Springs. Developed by VI Land Investment, Vong Residence won Best Housing Architectural Design for its minimalist, sustainable principles. Vong Garden, a central community feature, provides spaces for outdoor activities, fitness and social gatherings, fostering interaction and promoting wellness. With designs that prioritise natural light and green spaces, Vong Residence sets a new standard for design-conscious housing in Phnom Penh.
Palm Springs by LP Residences, highly commended for Architectural Design and winner of Best Housing Interior Design, caters to families and professionals seeking a functional yet elevated living experience. Featuring wellness-focused amenities like Linear Park, Sky Garden and sports facilities, Palm Springs reflects Cambodia’s growing demand for accessible, high-quality housing that supports wellness and community. These design-led projects cater to an increasingly sophisticated market that values both modern amenities and wellness-oriented spaces.
A collective vision for the future
These award-winning developments signal a transformative shift in Cambodian real estate towards sustainability, accessibility and community engagement, aligning with national goals for sustainable urban growth. Koh Pich City and Connexion demonstrate the potential of large-scale, eco-conscious projects to redefine urban living, while Vong Residence and Palm Springs meet the growing demand for design-centric, community-focused housing.
Though challenges like funding and market readiness remain, these achievements – recognised at the PropertyGuru Asia Property Awards – mark significant milestones for the industry. As Phnom Penh continues to grow, these projects set a sustainable precedent, paving a promising path for Cambodian urban living by harmonising growth with resident needs and environmental stewardship.
