Diamond Bay Garden Phnom Penh

Diamond Bay Garden, What’s the Deal with This Place?

Diamond Bay Garden sits pretty on Koh Pich (Diamond Island), where Phnom Penh’s elite call home. Three gleaming towers rise 39 stories, housing 591 units from cozy studios to spacious three-bedrooms.

The development wraps around the meeting point of three rivers—Mekong, Tonle Sap, and Bassac. It’s like nature’s own amphitheater, with your condo as the front-row seat. The views change with the seasons, and each sunset paints the sky differently.

Show Me the Diamond Bay Garden Numbers

Let’s talk turkey. Studio units start around $120,000. That gets you roughly 45 square meters of prime waterfront real estate. Two-bedroom units hover between $180,000-$250,000. Three-bedroom penthouses? Those hit $400,000ish.

The price per square meter? About $1,600. Compare that to Bangkok or Singapore where similar properties run triple the cost. Your dollar stretches further here, plain and simple.

Money Talk: How This Investment Works

The guaranteed rental return program isn’t just marketing fluff. Somerset, part of Ascott Limited, manages the top 10 floors. They know hospitality—they’ve been doing this since 1984.

Here’s how the numbers shake out:

• Standard units: 3.5-5.5% net rental yield
• Somerset-branded units: 6-8% annual returns
• Ten-year GRR program: 70% gross returns

What does this mean? Buy a $200,000 unit, and you’re looking at $12,000-$16,000 yearly income. That’s $1,000-$1,300 monthly—enough to cover mortgage payments and then some.

Location: Where Everything Happens

Five minutes gets you to AEON Mall. Ten minutes and you’re at the Independence Monument. The embassy district? That’s a stone’s throw away.

The new Koh Norea Bridge connects you directly to Monivong Boulevard—Phnom Penh’s main artery. Airport runs take 25 minutes instead of an hour. International schools, hospitals, restaurants, and nightlife? All within a 10-minute radius.

Koh Pich hosts over 700 businesses. It’s become the city’s financial heart, with new office towers sprouting up monthly. Your neighbors? Diplomats, CEOs, and entrepreneurs who chose this exact spot for the same reasons you will.

The Building: What’s Inside Counts

Two levels of basement parking fit 1,378 cars plus 216 motorbikes. No more circling blocks looking for spots.

The amenities list reads like a five-star resort:

1. Sky garden with river views
2. Infinity pool overlooking Bassac River
3. Fully-equipped gym and yoga studio
4. Children’s play area and playground
5. 24/7 security and reception
6. Sky bar for residents and guests

The rooftop sky garden connects all three towers. It’s like having your own private park in the clouds, 150 meters above the city.

Who’s Building This Thing?

OCIC Group isn’t some fly-by-night developer. They’ve been shaping Cambodia’s skyline since the 1990s. Their portfolio includes major landmarks across Phnom Penh.

Recent wins? They scooped up seven awards at the 2024 Cambodia Real Estate Awards. Developer of the Year? That’s them. When they build, they finish what they start—construction’s 70% complete and moving ahead while other projects stalled.

The Timeline: When Can I Move In?

Tower A wraps up Q3 2026. The whole development finishes by 2026. That’s not some distant date—it’s tomorrow in real estate terms.

Current construction status? Seventy percent done. The towers are rising, concrete’s pouring, and workers are on-site daily. You can visit right now, walk through the sales gallery, and see the progress yourself.

Quick Facts: Diamond Bay Garden at a Glance

Who Should Buy Here?

Foreign investors looking for emerging market exposure. Expats working in Phnom Penh who want luxury without Bangkok prices. Regional investors from Thailand, Vietnam, and Singapore seeking diversification.

Airbnb hosts eyeing Cambodia’s tourism rebound. Business travelers tired of hotels. Retirees wanting affordable luxury in Southeast Asia. Local professionals ready to upgrade their lifestyle.

If you’re any of these people, this place was built for you.

The Process: How to Buy

Foreigners can own 100% through strata title. No local partner needed. The legal framework’s solid—Cambodia’s foreign ownership laws changed in 2010, and condos like this are exactly what they had in mind.

Payment plans stretch up to five years. Canadia Bank, the country’s largest commercial bank, provides financing. They handle the paperwork, you handle the down payment.

Legal fees run about 4% of purchase price. That’s it. No hidden costs, no surprises. The developer’s transparent about every dollar.

Why Now? The Market’s Heating Up

Cambodia’s economy grew 5.8% in 2024. Tourist numbers are climbing back to pre-pandemic levels. Koh Pich has become the address everyone’s talking about.

Property prices here haven’t peaked yet. You’re not buying at the top—you’re getting in while the getting’s good. When the next wave of development hits, your investment looks smarter by the day.

The Bottom Line

Diamond Bay Garden offers something rare: luxury you can afford that pays for itself. The math works, the location’s golden, and the developer delivers.

You’ve got river views, city convenience, and rental income all wrapped up in one package. It’s not just a condo—it’s your foothold in Cambodia’s future.

Ready to see for yourself? The sales gallery opens daily. Bring your checkbook. You might leave with keys to your new riverfront life.

Questions? Want to schedule a viewing? Contact our sales team today. Diamond Bay Garden won’t wait forever, and neither should you.