NOREA COVE RESIDENCE
TYPE
Residential Building
LOCATION
Diamond Island, Phnom Penh
DEVELOPER
AKRAM Development
TENURE
Freehold
COMPLETETION
Q2-2026
TOTAL FLOOR
4-5 Storey
TOTAL UNIT
74 Villas
STARTING PRICE
$ 1.6M
Villa Types
Cove Villa
6 Bedroom
9 Bath
275 SQM - 350 SQM (Land Size)
$ 1.6M
Elite Villa
6 Bedroom
10 Bath
600 SQM - 690 SQM (Land Size)
$ 3.5M
Super Villa
6 Bedroom
10 Bath
1,010 SQM - 1,297 SQM (Land Size)
$ 8M
AMENITIES SURROUNDING
Embassies
International NGOs
Restaurants
Café
Marts
Malls
Hospital/clinics
International schools
Banks/ATM
Nightlife/entertainment
Gym/sport
Hotel
Norea Cove Residences is an ultra-luxury residential development in Phnom Penh, setting a new benchmark for high-end living in Cambodia. It's not a typical high-rise condo, but rather an exclusive collection of super villas, developed by Akram Development Co., Ltd., a luxury developer from Singapore, in partnership with OCIC (Overseas Cambodian Investment Corporation) for the broader Koh Norea development.
Here's a detailed description of Norea Cove Residences:
Location:
Koh Norea, Chbar Ampov District: Norea Cove Residences is nestled on Koh Norea, an emerging island development situated at the confluence of the Mekong and Bassac Rivers. This strategic location offers stunning waterfront views and a serene, green environment away from the city's immediate hustle.
New Connectivity: The area boasts excellent connectivity, particularly with the new bridge connecting Koh Norea to Koh Pich. This bridge significantly reduces travel time, allowing residents to reach the city center, including the Independence Monument and BKK1, in just 5-7 minutes.
Emerging Hub: Koh Norea is rapidly developing into a new luxury residential, commercial, and entertainment hub, with new malls, attractions, and public spaces like the Koh Norea Parkway.
Concept and Design:
"Waterfront Masterpiece": Norea Cove Residences is designed as a bespoke, low-density community, focusing on exclusivity, privacy, and unparalleled comfort. It's intended to be a lifestyle statement rather than just a home.
Super Villas: The project consists of a limited number of "super villas," emphasizing expansive living spaces and top-tier amenities.
Singapore-Style Design with Cambodian Flair: The architecture features a modern, Singapore-style design with high ceilings, but it is also carefully curated to align with the Cambodian lifestyle, incorporating elements for large family gatherings and entertaining.
Sustainability: The development is mindful of its ecological footprint, with attention to lush landscaping and potentially EV-ready homes.
Building and Units:
Exclusive Number of Units: The development comprises a very limited number of units, with figures around 34 to 74 villas (sources vary, possibly due to different phases, such as Phase 2 adding "Elite Villas" and "Cove Villas"). This low density ensures utmost privacy.
Unit Type: Luxury Villas: These are not condominium apartments in a tower, but spacious, multi-story private villas.
Expansive Sizes:
Super Villas: Feature a minimum of 1,000 sqm of land and an average build-in area of 3,000 sqm.
Elite and Cove Villas (Phase 2): Offer slightly more compact luxury options, with prices ranging from $1.5 million to $4 million, designed for those who desire the luxury but don't require the immense space of the Super Villas.
Premium Features: Each villa is meticulously designed with:
Private Elevator: For convenience and accessibility across multiple floors.
Outdoor Lounge Area.
25-meter Private Swimming Pool: A half-Olympic-sized pool for exclusive use.
Dedicated Cinema Rooms: Equipped with state-of-the-art audio-visual technology for immersive entertainment.
Private Spa Rooms: Offering a sanctuary for relaxation and rejuvenation.
Specially Designed Kid's Rooms: Providing safe and creative spaces for children.
Gourmet Kitchens: Fitted with high-end European appliances from renowned brands like Zug (Switzerland), Blum, Gessi, and Duravit.
Luxury Wine Cellar.
Biometric Walk-in Safe Room.
Extensive Parking: Reportedly 10-15 indoor car capacity per villa.
Dedicated Staff Quarters: Separate living quarters for guards and maids, complete with bedrooms and bathrooms.
Ownership: Hard Title (Freehold) ownership, providing the highest level of legal security and permanence.
Amenities and Facilities (within the Norea Cove Residences compound): While the villas themselves are exceptionally well-equipped, the community also offers shared amenities:
Communal Pool (in addition to private ones).
Gardens and Lush Landscaping.
Car Parking.
24/7 Reception / Lobby Area.
Robust Security: Modern guard posts at the front gate, alarm systems, video security (CCTV), and fire safety measures (fire alarm, sprinkler system).
Backup Electricity / Generator.
Internet/Wifi.
Other Potential Amenities: Yoga/Cardio Rooms, Barbecue Areas, Smoking Areas (likely in designated communal spaces).
Investment Potential:
Ultra-Luxury Market: Norea Cove Residences targets the high-net-worth segment, appealing to those seeking exclusive, large-format luxury homes.
Prime Location (Koh Norea): As Koh Norea undergoes massive development (e.g., Norea City, new bridges, commercial hubs), property values are expected to appreciate significantly. Experts predict 20-30% growth in the next 2-3 years, potentially on par with Koh Pich Island in 5-10 years.
Developer Reputation: Akram Development, a Singaporean luxury developer, brings international expertise and a commitment to high standards, enhancing investor confidence.
Exclusivity and Uniqueness: The limited number of units and the unparalleled luxury features differentiate Norea Cove from other developments, potentially commanding higher resale values.
Long-Term Vision: Part of a larger master plan for Koh Norea, which includes commercial centers, hotels, and entertainment, ensuring a vibrant future community.
Prices: Reflecting the luxury, prices for these villas typically start from around $1.6 million USD and can go up to $7 million to $8 million USD for the largest super villas.
Completion Status:
Norea Cove Residences officially broke ground for its Super Villas in March 2024, following a glittering launch event in October 2023.
The developer has committed to a structured handover timeline, with the goal to begin the handover process progressively from 18 to 24 months following the ground-breaking of the Super Villas.
This indicates that the expected completion and handover will likely be in late 2025 or Q1 2026. Some previous sources may have listed 2023 or 2024 as completion dates, but recent detailed information points to a current construction phase.
Norea Cove Residences is not just a housing project; it's designed as an elite lifestyle statement, offering unparalleled luxury, privacy, and space in one of Phnom Penh's most exciting and rapidly developing waterfront locations





























