UC88 / Wyndham Garden BKK1
Wyndham-Backed Residences in Phnom Penh's Diplomatic Quarter
Key Facts
| Type | Condominium |
| Completion | Under Construction — |
| Total Units | 0 |
| Available Units | 6 unit types |
| Area | 32 – 1238 m² |
| Price Range | $136,000 – $703,000 |
| Price per m² | $4,230/m² |
Description
Phnom Penh's luxury real estate market offers European investors a compelling entry point through UC88, where Wyndham Garden's international hospitality standards meet Cambodia's fastest-growing capital district. This 43-floor development in BKK1-the city's established diplomatic and expatriate quarter-delivers what sophisticated buyers expect: professionally managed rental streams, blue-chip operator backing, and exposure to Southeast Asia's 7% annual GDP growth trajectory.
Developed by UC Group, a hospitality veteran with three decades operating premium hotels across Cambodia, the project structures investment across two distinct revenue models. Lower-floor hotel residences operate under Wyndham Garden franchise agreements, generating immediate returns through short-term rentals managed by international protocols. Upper-floor private residences (floors 35-43) target capital appreciation, positioned for Cambodia's emerging high-net-worth domestic market and regional buyers seeking Phnom Penh's gateway advantage to ASEAN trade corridors.
The amenity infrastructure rivals European resort standards: rooftop infinity pool overlooking the Mekong basin, spa facilities with sauna and jacuzzi, wine lounge for resident networking, and sky gardens across floors 23-25. Technical specifications include KONE elevator systems, Franke kitchen equipment, Hansgrohe sanitaryware, and Samsung smart home integration with biometric access-details that matter for rental competitiveness and resale positioning. Studios start at 38.96 sqm ($136,123), while the 1,238 sqm penthouse ($703,170) represents one of Cambodia's landmark residences.
Varsovia Estate's Phnom Penh team has conducted on-site inspections throughout UC88's construction cycle. BKK1's infrastructure maturity-paved streets, drainage systems, proximity to international schools and embassies-differentiates it from speculative emerging zones. For portfolios balancing European stability with frontier market returns, this Wyndham-backed project offers operational credibility rarely found at Cambodia's price points. Current construction timelines and unit availability warrant early reservations for preferred floor positions.
Available Units
Investment Analysis
$455
$5,461
5.9%
4.0%
$219,227
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
Location
Similar Properties
Price Range
from $136,000
$4,230/m²
Type
Condominium
Area
32–1238 m²
Completion
Available Units
6 unit types
