Urban Village Phase 2 — Meanchey Phnom Penh
Urban Village Phase 2 — view 2Urban Village Phase 2 — view 3

Overview

Urban Village Phase 2 is the second stage of a large master-planned residential community built by Goldfame Group along Samdach Hun Sen Boulevard in Meanchey, Phnom Penh’s southern growth corridor. Two 51-storey towers hold roughly 1,700 units, from studios and lofts to three-bedroom apartments. Construction finished in 2024 and around 78% of units had sold at the time of listing — which changes the investment maths entirely: this is completed stock, inspectable today and lettable from the day of purchase.

The community planning is the draw. Some 45% of the site is given to green space threaded with walking and cycling paths, and the towers pair a contemporary high-rise profile with Cambodian-inspired architectural detailing. Residents get a swimming pool, fitness centre, soccer field and basketball areas, plus 3,000 m² of retail and 1,500 m² of everyday convenience space with restaurants and cafés on site. Parking covers 608 cars and 238 motorbikes, and a direct walking connection links the neighbourhood to Factory Phnom Penh.

As an investment, Phase 2 is priced from US$125,000 with listing yields of 6% gross and 4% net, on hard title. Because Phase 1 established the community and Phase 2 is fully built, buyers are underwriting a functioning neighbourhood rather than a rendering: rental demand from young professionals along the Hun Sen Boulevard corridor is already observable, and there is no construction risk or waiting period between purchase and first rental income.

Investment Highlights

  • Completed in 2024 — no construction risk, rental income possible from day one
  • Approximately 78% sold at listing, after a successfully absorbed Phase 1
  • 45% of the site dedicated to green space, with walking and cycling paths
  • 3,000 m² of retail plus 1,500 m² of convenience space, restaurants and cafés on site
  • Direct walking connection to Factory Phnom Penh
  • Broad unit mix — studios, lofts and 1–3-bedroom units of 37–111 m² from US$125,000

Amenities & Facilities

  • Swimming pool
  • Fitness center
  • Landscaped gardens
  • Jogging track
  • Basketball court
  • Restaurant
  • Retail podium
  • Smart-home systems
  • 24/7 security
  • CCTV surveillance
  • Parking

Location: Meanchey

Meanchey — specifically the Samdach Hun Sen Boulevard corridor through Chak Angrae Leu — is Phnom Penh’s principal southern expansion axis: a wide new boulevard collecting mixed-use projects, offices and public infrastructure investment, with direct road connectivity to the city centre. The area increasingly appeals to young professionals and long-stay residents looking outside the premium-priced core, and Urban Village, with its completed stock and walkable community, is one of the corridor’s anchor addresses.

Prices, completion dates and yield estimates are indicative, provided by the developer, and subject to change and unit availability. Yield figures are estimates, not guarantees. Independent legal review is recommended before any purchase.

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