Unit Types
Unit SR & SC
Studio
1 Bath
40 SQM - 62 SQM
$ 85,000
Unit 2C
2 Bedroom
2 Bath
120 SQM
$ 250,000
Unit 2CD
2 Bedroom
2 Bath
106 SQM
$ 222,000
Unit 2D
2 Bedroom
1 Bath
75 SQM
$ 160,000
Unit 2R
2 Bedroom
2 Bath
106 SQM
$ 222,000
Unit 3R
3 Bedroom
3 Bath
170 SQM
$ 360,000
DIAMOND BAY GARDEN
TYPE
Residential Building
LOCATION
Koh Pich, Phnom Penh
DEVELOPER
OCIC
TENURE
Freehold
COMPLETETION
Q2-2025
TOTAL FLOOR
39 Floors
TOTAL UNIT
591 units
STARTING PRICE
$ 110,000
AMENITIES SURROUNDING
Embassies
International NGOs
Restaurants
Café
Marts
Malls
Hospital/clinics
International schools
Banks/ATM
Nightlife/entertainment
Gym/sport
Hotel
Diamond Bay Garden is a prestigious waterfront condominium development situated on Koh Pich (Diamond Island) in Phnom Penh, Cambodia. It is developed by OCIC (Overseas Cambodian Investment Corporation), Cambodia's leading and most trusted property and infrastructure conglomerate, known for delivering high-quality, landmark projects.
Here's a detailed description of Diamond Bay Garden:
Location:
Heart of Koh Pich (Diamond Island): Diamond Bay Garden boasts a prime location in the vibrant and rapidly developing Koh Pich district. Koh Pich is a master-planned satellite city that has emerged as a major central business district (CBD), offering a mix of commercial, residential, and entertainment facilities.
Three-River Confluence: A defining feature of its location is its position at the confluence of Phnom Penh's three major rivers: the Mekong, Tonle Sap, and Bassac. This provides residents with breathtaking, unobstructed panoramic views of the rivers and the city skyline.
Excellent Connectivity:
Easy access to central Phnom Penh (typically a 5-10 minute drive).
Direct access via the new Koh Norea Bridge to the Chbar Ampov district, further enhancing connectivity.
Walking distance to parks, riverwalks, office spaces, and an increasing number of F&B outlets and entertainment venues.
Proximity to 63 multinational company headquarters within the Koh Pich CBD.
The location also offers a significantly shorter commute to the new Techo International Airport compared to other luxury areas.
Concept and Design:
Waterfront Luxury: Diamond Bay Garden is designed to offer a luxurious and contemporary waterfront living experience. The concept emphasizes seamlessly blending natural beauty with modern comfort.
Iconic Architecture: The development features three striking towers of glass, stone, and stainless steel, standing tall on Diamond Island. Each tower is designed to maximize the spectacular river and city vistas.
Award-Winning: The project has received regional recognition, including the "Best Waterfront Condo" award at the 2023 PropertyGuru Asia Property Awards in Bangkok, underscoring its high design and quality.
Building and Units:
Three Towers: The complex consists of three towers, each soaring to 39 stories high.
Total Units: Comprises approximately 591 to 895 residential units (figures vary slightly across sources, likely due to different phases or specific tower unit counts), along with some commercial shops.
Unit Types and Sizes: Offers a range of layouts to cater to diverse needs:
Studio Units: Ranging from approximately 38 sqm to 62.36 sqm (gross area).
1-Bedroom Units: Ranging from approximately 53.8 sqm to 78 sqm (gross area).
2-Bedroom Units: Ranging from approximately 75.31 sqm to 169.62 sqm (gross area).
3-Bedroom Units: Around 170 sqm to 217.37 sqm (gross area).
Interior Features: Units feature spacious layouts, high-end finishes, and floor-to-ceiling windows to maximize natural light and views. They are generally delivered semi-furnished or with essential fixtures.
Ownership: Hard Title (Freehold) ownership, providing maximum legal security and ease for resale or transfer for both local and foreign investors.
Managed by Somerset (for select units): A significant advantage is the partnership with Somerset (part of Ascott Limited), a renowned international serviced residence operator. Selected units within Diamond Bay Garden are managed by Somerset, offering high-quality services and enhancing rental potential.
Amenities and Facilities: Diamond Bay Garden offers a comprehensive suite of world-class amenities designed to elevate the urban living experience:
Rooftop / Sky-Level Amenities:
Sky Garden: A spacious 1,150 sqm sky garden with lush tropical landscaping.
Sky Bar: For leisure and social gatherings with panoramic city and river views.
Sky Bridge: A unique feature connecting all three towers, providing an elevated walkway and stunning vistas.
Recreation and Wellness (typically on the 2nd floor):
Swimming Pool: With views of the Bassac River. Separate pools for kids and adults.
Gym and Yoga Room: Well-equipped fitness facilities.
Kids' Playground.
Multi-purpose Room.
Convenience and Services:
Two levels of basement parking with a large capacity (e.g., 1,378 parking lots).
Housekeeping services (especially for Somerset-managed units).
24/7 reception and security with CCTV, alarm systems, and fire protection.
High-speed elevators.
Backup electricity/generator.
Pet-friendly environment.
Investment Potential:
OCIC's Reliability: Backed by OCIC, a developer with a proven track record of delivering high-quality, on-schedule projects (18 major Phnom Penh developments since 2000, 14 high-rise buildings since 2010), ensuring project completion and quality.
Prime Koh Pich Location: Properties in Koh Pich have historically outperformed citywide averages in appreciation (e.g., 9.3% annually since 2020 vs. citywide 5.1%). Projected annual gains of 7-9% for premium Koh Pich properties.
Guaranteed Rental Return (GRR): A major draw for investors. Somerset-managed units offer a robust 8% guaranteed rental return for 10 years. Standard units also offer competitive net rental yields (3.5-5.5%). This provides a reliable income stream.
Strong Capital Appreciation: Ongoing significant infrastructure investment in Koh Pich (e.g., $600 million Koh Pich Phase II, new Stock Exchange complex, enhanced connectivity) is expected to drive substantial long-term capital appreciation.
Flexible Investment Options: Buyers can choose between the GRR program for passive income or personal living.
Competitive Pricing: Units were offered at competitive price points for a luxury waterfront development (e.g., from less than $100,000 for studio units).
Completion Status:
Construction for Diamond Bay Garden began, and as of June 2025, the first tower is expected to be handed over in Q2 2025.
The overall project (all three towers) is anticipated for full completion in 2026.
With 70% of construction reported as complete as of early 2025, the project is well on track for its stated completion dates.
Diamond Bay Garden is positioned as a premier luxury residential and investment opportunity in Phnom Penh, offering unparalleled waterfront views, world-class amenities, and the reliability of a top-tier developer, making it a highly sought-after address in the Cambodian capital.









