Cambodia Investment Review
OCIC Group, and two OCIC projects in Koh Pich, Connexion and Diamond Bay Garden, win 7 awards at the Cambodia Real Estate Awards 2024: including Developer of the Year, Sustainable Development of the Year and Waterfront Development of the Year.
The Developer of the Year and Borey (Landed Property) Developer of the Year awards, underscores OCIC Group’s dedication to investing for its customers and contributions for livelihood, customer value, and lifestyle across its different projects.
Over 24 years, OCIC Group has continually contributed to Cambodia’s infrastructure, commercial, residential, and cultural development, guided by a long-term vision. This commitment extends to supporting key development, community, and sustainable projects.
Connexion, A Pioneering Community Hub Recognized For Its Innovative Approach
One of OCIC Group’s key developments in 2024 is Connexion, a pioneering community hub recognized for its innovative approach to urban development. Connexion won the Sustainable Development of the Year, the Lifestyle Development of the Year, and the Retail Development of the Year.
Connexion, which hosts retail and office spaces, is set to introduce an innovation centre, coding schools, digital academies, and tech events, positioning itself as a hub for technology and entrepreneurship. This initiative reflects OCIC’s dedication to develop a vibrant environment tailored to the needs and aspirations of the youth community.
Diamond Bay Garden, strategically situated in Koh Pich, with a breathtaking view on the Mekong River, is solidifying its status as the premier waterfront condominium in the capital. Following its recognition as the PropertyGuru Best Waterfront Condo Development in Asia last year, Diamond Bay Garden has again secured prestigious accolades, winning both the Waterfront Condominium Development of the Year and Premium Condominium Unit Design of the Year this year.
This year unveiled a new awarded to Diamond Bay Garden, as they were presented with the Premium Interior Unit Designer of the Year award, which introduced the Casa-Signature Collection, designed and led by Jovany Antonio, Residential Investment Director from UAS, setting a benchmark for modern condo living and investment rental standards. “This recognition underscores the dedication to surpass expectations and deliver detailed quality in every aspect of the project.”
OCIC Is Actively Supporting Cambodia’s Development Landscape
The recent strategic partnerships established with international companies such as The Ascott Limited and Philip Trustee, Diamond Bay Garden is not only attracting local and international investors but also gaining recognition as an investment destination in the global real estate market.
“The development landscape in Cambodia is rapidly evolving, and OCIC Group is investing to actively support this transformative journey”, says Thierry Tea, Vice President of OCIC Group. “Our mission crafted by our Chairman Lok Neak Oknha Dr. Pung Kheav Se, impacts both the innovation in infrastructure development as well as the creation of sustainable communities that enrich the lives of Cambodians.”
Koh Pich is an example of this progress. The neighbourhood is growing as a Central Business District with a modern skyline of tall buildings. More than 15 food retail brands are set to open in the next year to cater to Koh Pich’s increasing volume of white collar office workers and residents.
