Diamond Bay Garden
A waterfront residential development by OCIC within the Diamond Bay masterplan, partnered with Somerset and offering up to 80% Guaranteed Rental Return over 10 years for investors seeking long-term income and developer-backed confidence.
Project Description
Diamond Bay Garden is a waterfront residential development located within the Diamond Bay master-planned community in Phnom Penh. Developed by OCIC, one of Cambodia's most established and influential developers, the project forms part of the larger Diamond Island (Koh Pich) and Diamond Bay urban expansion vision that continues to reshape the southern part of the capital.
Beyond residential developments, OCIC is also behind some of Cambodia's largest infrastructure and real estate projects, including the new Techo International Airport, reinforcing the developer's reputation for delivering large-scale landmark developments. A key investment highlight of Diamond Bay Garden is its partnership with Somerset, one of the region's most recognized serviced apartment operators, offering selected units an 80% Guaranteed Rental Return (GRR) over 10 years through a professionally managed rental program.
Combining waterfront living, institutional-grade developer backing, professional rental management, and exposure to one of Phnom Penh's most ambitious urban growth corridors, Diamond Bay Garden presents a unique opportunity for investors seeking both lifestyle appeal and long-term investment positioning within Cambodia's evolving property market.
Location Advantage
Located within the Diamond Bay masterplan, Diamond Bay Garden benefits from a waterfront setting in one of Phnom Penh's largest and most ambitious urban expansion zones.
The area continues to attract major residential, commercial, and infrastructure investment, supported by its proximity to Koh Pich, Norea City, and the future Techo International Airport corridor. Wide boulevards, master-planned surroundings, and riverfront positioning create a different lifestyle experience compared to Phnom Penh's denser central districts.
As Phnom Penh expands southward, master-planned waterfront communities such as Diamond Bay are increasingly attracting buyers seeking long-term growth potential, lifestyle appeal, and exposure to future urban development.
Location
Map Overview
Market Insights
Nearby Landmarks & Lifestyle
- Located within Koh Pich (Diamond Island)
- Part of OCIC's premier waterfront master-planned community
- Walking distance to Diamond Bay Waterfront Promenade
- 5 mins to Norea City
- 10 mins to Aeon Mall Phnom Penh
- Near Elysee, Phnom Penh's French-inspired European district
- Nearby international restaurants, cafes, and lifestyle destinations
- Access to on-island healthcare facilities, clinics, and medical services
Tenant Profile
- Corporate professionals and executives
- Expatriate residents and families
- Long-term tenants seeking serviced living options
- Business travelers and relocation clients
- Lifestyle-focused residents seeking waterfront living
Diamond Bay Garden is positioned toward residents who value professionally managed living, modern facilities, and a master-planned waterfront environment. The project's partnership with Somerset further strengthens its appeal among tenants seeking internationally managed accommodation and hassle-free living experiences.
Its location within the Diamond Bay masterplan is expected to attract residents who prioritize community planning, green spaces, and long-term residential quality within one of Phnom Penh's most ambitious urban developments.
Investment Perspective
Diamond Bay Garden is positioned as a professionally managed waterfront investment within the OCIC master-planned Diamond Bay community, combining long-term rental income potential with institutional-grade developer backing.
Its partnership with Somerset and structured rental program differentiates it from traditional residential investments by providing a more predictable investment model.
- Up to 80% Guaranteed Rental Return over 10 years
- Partnership with internationally recognized Somerset
- Developed by OCIC, one of Cambodia's largest developers
- Waterfront positioning within Koh Pich
- Exposure to Phnom Penh's expanding southern growth corridor
Unlike conventional condominiums, Diamond Bay Garden combines lifestyle appeal with professionally managed income generation. Detailed unit sizes and launch dates will be added soon.
Estimated Rental Demand
From $600-$700 for studio units
$700-$900 for 1-bedroom units
$1,000-$1,500 for 2-bedroom units
$1,500 and up for larger units
Project Highlights
Project Name
Diamond Bay Garden
Developer
OCIC
Location
Diamond Island Phnom Penh
Property Type
Residential Condominium and Hotel
Ownership
Strata Title (Freehold)
Handover Date
December 2028
Total No of Units
591
Total Floors
39 (150m)
Starting Price
$110,000
Management Fee
$1.5/net sqm
Building Overview
Unit Sizes
| Unit Type | MetricGross Size | MetricNet Size | Starting Price | ImperialGross Size | ImperialNet Size |
|---|
Payment Term Breakdown
Editable calculator based on the developer payment schedule. Adjust the rates below to match your selected unit and payment scenario.
Auto-filled as 100% − Downpayment − Installment
Payment Reference
Booking Fee
- Payable upon reservation of your unit
Downpayment Installment
- Payable upon signing Sales and Purchase Agreement (SPA) within 1 month after booking
Monthly Installment
- Payable during construction period
Handover Balance
- Payable during unit handover
Selected Unit
Select a unit
Choose a unit to preview the payment schedule.
Starting Price
$0
Downpayment after booking fee
(30% of unit price) - booking fee
Monthly installment
40% over 36 months
Total Scheduled
$1,000
Figures are indicative. Final payment schedule will be confirmed by the developer.
