51 photos

UC88 / Wyndham Garden BKK1

Branded Dual-Income Residences in Phnom Penh's Premier Address

from $136,000from $4,230/m²
Khan Boeng Keng Kang, Phnom Penh, Cambodia Phnom Penh, Vietnam
CondominiumUnder Construction0 total units6 unit types

Key Facts

TypeCondominium
CompletionUnder Construction —
Total Units0
Available Units6 unit types
Area32 – 1238 m²
Price Range$136,000$703,000
Price per m²$4,230/m²

Description

BKK1 is the address that Phnom Penh's diplomatic corps, regional executives, and savvy long-term investors have claimed for decades — and UC88 / Wyndham Garden BKK1 sits at the centre of it. For European investors looking to buy property in Phnom Penh, this mixed-use tower represents one of the most structured entry points into Cambodia real estate available today: a project where branded hotel management, premium residential living, and two distinct income strategies exist within a single address.

Developed by UC Group, a hospitality-rooted conglomerate with over thirty years of operational track record across the region, UC88 brings institutional-grade thinking to a market that has historically rewarded early positioning. The Wyndham Garden brand manages the hotel residence floors, creating a professionally operated short-term rental product — the kind of hands-off yield mechanism that European investors familiar with aparthotel structures in Vienna or Warsaw will immediately recognise. Upper floors 35 through 43 shift the model entirely, offering private residences designed for capital appreciation in a district where land scarcity is a structural advantage.

The amenity programme occupies three dedicated floors — 23 through 25 — plus a rooftop level, and it reads more like a five-star resort than a residential building. Guests and residents share access to an infinity pool, jacuzzi, sauna, spa facilities, a sky garden, wine lounge, and a rooftop bar with panoramic city views. The fitness centre is equipped to a standard you would expect in a premium European city-centre development. Inside the apartments themselves, the specification includes smart home integration, facial recognition access control, and appliances and fixtures from Franke, Hansgrohe, and Samsung — brands that require no introduction to a continental buyer.

Unit sizes span from 38.96 sqm studios at entry point pricing of USD 136,123, through one- and two-bedroom configurations, up to extraordinary four-bedroom residences of 571 sqm and a duplex penthouse of 1,238 sqm. The price per square metre of approximately USD 4,230 reflects the branded positioning and BKK1's premium over the wider Phnom Penh market — yet remains compelling when set against comparable branded residences in Bangkok, Kuala Lumpur, or Ho Chi Minh City. Our Varsovia Estate team has conducted on-site inspections of the development and the surrounding district, and we are available to walk investors through the income modelling and ownership structure in detail.

For those evaluating overseas property investment in Southeast Asia, Cambodia's liberal foreign ownership framework for condominium units — combined with Phnom Penh's ongoing infrastructure investment and growing expatriate population — creates a backdrop that merits serious attention. UC88 is not a speculative bet; it is a calculated position in a city graduating into its next phase of urban sophistication, anchored by an operator with the brand credibility and local experience to deliver on its promises.

Available Units

Studio39
$136,123
1 Bedroom45
$168,545
2 Bedrooms113
$327,564$365,247
3 Bedrooms218
$400,365
4 Bedrooms571
$662,902
Penthouse1238
$703,170

Investment Analysis

40%100%
0%20%
Monthly Net Income

$455

Annual Net Income

$5,461

Gross Rental Yield

5.9%

Net Rental Yield

4.0%

Value in 5 Years

$219,227

Total 5-Year ROI

81%

Our calculations are based on a conservative scenario - long-term annual rental contract, which provides stable and predictable income with occupancy rates of 88-95%. Short-term rental (daily/weekly via Airbnb, Booking) can generate 30-60% higher income during peak season, but involves higher risks: seasonal occupancy fluctuations (55-75% average), higher management costs, and furniture/turnover expenses. Rental rates are based on BKK1, Phnom Penh market averages for 2024-2025. All calculations are estimates. Actual returns may vary. This is not financial advice.

Amenities

Swimming Pool
Fitness Center
24/7 Security
Parking
Rooftop Bar
Spa & Wellness
Restaurant
Jacuzzi
Sauna
Elevator
Smart Home System
Lounge
24h Reception
Sky Garden
CCTV Monitoring

Location

Khan Boeng Keng Kang, Phnom Penh, Cambodia

Similar Properties

Price Range

from $136,000

$4,230/m²

Type

Condominium

Area

32–1238 m²

Completion

Available Units

6 unit types

Interested in this project?