Top 3 “GRR” Condo Projects in Phnom Penh, Cambodia
In the dynamic landscape of Southeast Asian real estate, Phnom Penh, Cambodia, continues to attract international investors with its burgeoning economy and promising property market. A particularly enticing avenue for those seeking passive income is the Guaranteed Rental Return (GRR) model offered by select condominium projects. In 2025, three developments stand out for their GRR potential, offering a blend of attractive returns and strategic locations.
For investors aiming for a foothold in Phnom Penh's property scene without the immediate hassle of tenant management, GRR presents a compelling proposition. Developers or management companies guarantee a fixed percentage of the property's value as rental income for a defined period, providing a predictable cash flow. While the allure of "guaranteed" returns is strong, thorough due diligence remains paramount. Investors should scrutinize the developer's track record, the terms of the GRR agreement, and the long-term viability of the property beyond the guarantee period.
What is GRR?
Guaranteed Rental Return (GRR) is an investment scheme where the property developer or a management company guarantees a fixed percentage of rental income to the buyer for a specific period, regardless of whether the unit is actually rented out., In Phnom Penh, GRR rates typically range from 6% to 8% per annum, with terms usually spanning 3 to 10 years.
And here, we delve into the top 3 noteworthy GRR condo projects in Phnom Penh that warrant investor attention in 2025:
UC88 Wyndham Garden BKK1
UC88 Wyndham Garden is a remarkable 46-storey condominium in the heart of BKK1 that blends high-end condo living with the luxury of a five-star Wyndham Garden Hotel. Perfectly located on Street 322, UC88 puts you steps away from embassies, restaurants, schools, and the city’s vibrant lifestyle. Units start from just $75,000, with studio, 1-bedroom, and 2-bedroom options, all featuring modern layouts, smart storage, elegant finishes, and sunlit interiors designed for comfort and simplicity. This sleek, minimalist residence is more than just a home; it’s an experience, offering top-tier amenities like a rooftop sky bar, sky garden, sauna, gym, meeting rooms, and many more. Set for completion in October 2025, UC88 is where convenience meets class in Phnom Penh.
#GRR: 6% Annual Return for 10 Years
2. Le Conde BKK1
Welcome to smart living with the Japanese Qualities. Le Condé BKK1 brings quality and innovation to BKK1, backed by Top Class Japanese Management Company Hopetree and tech giant Xiaomi. Prices start from $100,000 for smart homes fully integrated with voice control, remote automation, and Xiaomi tech. Add in spacious units, natural lighting, and premium finishes, and you’ve got a new lifestyle standard. Amenities include a shopping mall, rooftop jogging track, public library café, infinity pool, gym, co-working space, and more. Le Condé BKK1 is where tech meets extravagance.
#GRR: 8% Annual Return for 3 Years
3. Picasso Sky Gemme
Picasso Sky Gemme isn’t just another condo, it's a 52-story condominium with a bold expression of art, and design, inspired by Pablo Picasso, a famous Spanish artist. He was widely considered as one of the most influential artists in the 20th century. The building’s unique architecture and interior styling makes every corner of the building reflect creativity and modernity. It offers studio rooms, 1 bedroom, 2 bedroom, 3 bedroom and penthouse. But the beauty doesn’t stop at the design. Residents can enjoy a full package of luxury amenities, including a sky pool, a sky yoga room, rooftop running track, gym, spa, KTV party suite, pet service, and many more. Located right in BKK1, on street 202, corner street 57, just steps away from restaurants, cafes, offices, and supermarkets. Prices start from just $170,000, making it an accessible starting point into luxury living. Scheduled for completion Q4 of 2029. Picasso Sky Gemme is perfect for those who want luxury, art, and tech beautifully combined.
#GRR: 6% Annual Return for 2 Years
It is advisable to conduct thorough due diligence and consult with real estate professionals to get the most up-to-date information and specific details about GRR offerings for these and other condo projects in Phnom Penh.
Contact ERA Cambodia for further information!