When considering on a safe place to bet your investment, condominium is a moderately safe spot if compared with other high risk schemes such as forex trading or crypto speculation. While many out there are so many of the condominiums scattering across the capital--about 520 condominium buildings with about 142,700 units, 76,600 of which are residential ones. To many of these condominiums for your choice, you may be hassled by which one to choose for your investment spot.

As of now, thanks to its availability of units and investment opportunities, I would highly recommend UC88 BKK1 and here are the reasons for your consideration.

Reason 1: UC88 BKK1 - Operated as a Five-Star Hotel and Residences by Wyndham Garden

Leveraging the brand of Wyndham Garden, a part of Wyndham Hotels & Resorts, operation standards, and global infrastructure market opportunities and networks, UC88 BKK1 is to be operated as a five-star hotel and residences. As you might know, Wyndham is the world's largest hotel franchisor by the number of properties, with approximately 9,300 hotels across over 95 countries.

This allows UC88 BKK1 to have a high rate of success in term of rental and occupancy rates. Therefore, if you're going to put your investment in this condominium by anticipating a good and safe rate rental return, this is right for you.

Reason 2: Good Rental Yields, Good Exit Value, Long-Term GRR Plans

This is the very crucial part for investors who are looking to invest in any properties.

GRR - Guaranteed Rental Return

UC88 offers a wide range of GRR terms for your investment options. GRR is "Guaranteed Rental Return" offered by a developer. At UC88, the standard GRR option is ~6% (variable) for 10 years. For clients who wish to exit fast, there are 3 and 5 year-terms for them to choose. Therefore, this is the list of GRR options with specific rates and returns for each:

1-) GRR ~60% for 10 Years, ~6% Annual

2-) GRR ~30% for 5 Years, ~6% Annual

3-) GRR ~24% for 3 Years, ~8% Annual

These flexible GRR schemes can be helpful for you as an investor to put your investment into any fixed term that favors your style. For example, if a longer term for your investment as a passive income, you might choose a 10-year term which you can enjoy 10-year passive income from your property. On the contrary, if you like a shorter span to exit, 3-year term is a good option for you with 24% return.

Exit Sale Value

Even though the current market situation puts a constraint on condominium resale value at the moment, over the next coming years, the condominium resale value (or exit value) is forecast to be fairly favorable, ranging from 2% to 3% of CAGR on average in Phnom Penh city, putting the average of 2.5%. With the quality of UC88 and the BKK1 location of the project, the average annual growth could be even more when the market situation is good.

Reason 3: Best Location - It Is a BKK1 Area

Location is the key determinant to any property investment or development project. At the right location, the possibility of a success rate is high.

UC88 is located on St. 322, just about 50 meters from Monivong Blvd, and in BKK1 area, which is the most sought-after location for multi-purposes, especially commercial ones. So your property will never be obsolete in any circumstances.

Land prices in BKK1 range from ~$6,000 to ~$8,000 per sq.m. depending on a specific location and a street. That is the highest price for land in the city.

Look at the indicative map below about Phnom Penh's CBDs: BKK1 is within the area boundary marked by "cyan" color.

Surrounded by a variety of businesses, embassies, international agencies, banks, and governmental administrations, BKK1 area is a central part or could be said "The heart" of Phnom Penh city.
BKK1 is bordered by Norodom Boulevard, Mao Tse Toung Boulevard, and Monivong Boulevard. This area has the highest land prices in the main urban district of Phnom Penh, and is a popular area with Embassies, Commercial Finance Centers, International Schools, NGOs, and Boutique Hotels.

Reason 4: UC88 Condominium - The Quality, Facilities, and Prices

This UC88 project is developed on a 1,141 sq.m. parcel of land and comprises of 459 units in total from the 46 floors.

Amenities and Facilities

There are eight elevators branded "KONE" in total, a good ratio as compared to the total number of units, and about 4,000 sq.m. set for facilities, including infinity skybar and pool, gym facilities with sauna-jacuzzi, spa, garden, and restaurant. Helipad is on the top floor for VIP guests.
**- Ground Floor** of 780 sq.m. : Receptionist area, lobby, hotel lounge, luggage storage, office, lift area, business center
**- 23A Facility Floor** of 941 sq.m. : Functional room, massage and spa, VIP lounge, Wine whisky cigar bar, Japanese restaurant (Omakase)
**- 25 Facility Floor** of 941 sq.m. : All day-dinning Chinese restaurant (more than 200 seats, with dividable partitions), Outdoor garden
**- 45 Facility Floor** of 941 sq.m. : sky bar, infinity swimming pool, fitness center, steam & sauna
**- Helipad** on top floor
**Materials** used for each unit are brands from Switzerland, France, Korea, Singapore, German, and other countries.

**Wyndham's Standards**
The building itself is built strictly according to the standard procedures by Wyndham Garden. The building structures, the quality of the materials, and the interior designs are strictly monitored by Wyndham to meet their building standards. So you can imagine how you will experience living in a residence where standards are controlled by a five-star hotel chain.
**Hotels and Residences**
This project is set separately for two compartments which are for hotel-like residences at the lower section from 5th to 23rd floors and for apartment-like residences from 26th to 39th floors. Premium residences which are luxurious, spacious 3-bedroom units and 4-bedroom premium residences are located on 40th to 42nd floors. Ultraluxury residences of 4-bedrooms are located on 43A and 43B levels, which opens for 180 degree city views and rivers.
**Completion**
UC88 will be completed and handed over by mid of 2026.
**Units and Prices for Sales:**
**- Studio Room** : 44.96 sq.m. - 57.95 sq.m. = ~$132,000 to ~$170,000
**- 1-Bedroom** : 59.46 sq.m. - 99.50 sq.m. = ~$180,000 to ~$195,000
**- 2-Bedroom** : 106.08 sq.m. - 144.10 sq.m. = ~$250,000 to ~$476,000
**- 3-Bedroom** : 206 sq.m. - 220 sq.m. = ~$680,000 to ~$731,000
**- Premium Residences** : 270 sq.m. - 629 sq.m. = ~$858,000 to ~$2,221,000

Reason 5: Experienced Developer with Previous Successful Projects

UC88 is developed by UC Group, a local group of companies, established since 1990s, with 17 major developments so far.

UC Construction was established in the early 1990s and later renamed as UC Design Build in 2010. After its establishment, UC started building as many as projects, including private villas, shops, hotels, commercial offices and shopping malls and high-rise apartments.

In rapid growth of the real estate market, UC also has worked with foreign investors in collaboration with the government to build a more vibrant city to achieve a higher standard of construction services in Cambodia. Here below is a list of achievements of the UC Group.

For additional details or real estate investment consultation, please contact Mr. Hoem Seiha via telephone: +855-12-699-553 / +855-10-699-553 | Telegram: t.me/Hoemseiha | E: hoem.seiha@eracambodia.com | Condo listings on Telegram channel: https://t.me/seiha_era_condo_listing

Disclaimer:

This analysis is an opinion made solely by Hoem Seiha, an independent real estate advisor and analyst for ERA Data Intel, based on some criteria and metrics deemed reliable for the current market. The opinion DOES NOT reflect any viewpoints of ERA Cambodia and therefore, we are not responsible for any loss or damage pertaining to reliance on this analysis for your investment.

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Why Invest at Wyndham Garden - UC88 BKK1, Phnom Penh? (Five Key Points)