50 photos

UC88 / Wyndham Garden BKK1

Wyndham-Backed Residences in Phnom Penh's Diplomatic Quarter

from $136,000from $4,230/m²
Khan Boeng Keng Kang, Phnom Penh, Cambodia Phnom Penh, Cambodia
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

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

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?