Cambodia Investment Review
A place where luxury meets sustainability, where modern urban living blends seamlessly with verdant green spaces, where architectural excellence becomes a landmark for a city on the rise. This is the vision driving ODOM, a new mixed-use development that is set to redefine Phnom Penh’s skyline and elevate the city’s lifestyle standards.
Developed by Urban Living Solutions (ULS), a leading Cambodian-owned real estate and lifestyle development firm, ODOM is an ambitious project that fuses residential, commercial, and public spaces. Officially launching its ground-breaking ceremony, the high-rise landmark has started to take shape, signaling a new era of architectural innovation and luxury living in Cambodia’s capital city.
An Iconic Development Set to Transform the Cityscape
The development has positioned itself as not just another high-rise development; it represents a grand vision of urban regeneration, community development, and sustainable living. Its strategic location in the desirable Tonle Bassac neighborhood, a stone’s throw away from the city’s vibrant hub of corporate businesses, government offices, embassies, and modern facilities, is a critical aspect of its appeal for investors and future tenants.
The landmark development comprises two towers: ODOM Tower and ODOM Living. The former, a groundbreaking 45-story structure comprising of a diverse mix of office spaces, commercial areas, and a lifestyle hotel boasting an exclusive rooftop members’ club.
Adjacent to this is ODOM Living, a 22-story residential complex offering a variety of premium residences, ranging from generous one-bedroom apartments to expansive four-bedroom homes. This innovative fusion of commercial, residential, and lifestyle spaces within a single development marks ODOM as a standout opportunity.
Unparalleled Value Proposition for Discerning Investors
The development’s unique value proposition lies in its design as a dynamic, community-focused microcosm, envisioned to become Phnom Penh’s next social and business hub teeming with possibilities. The synergy of the two towers, interconnected by a five-story podium at the bottom and a sky bridge 60 meters above ground, fosters an integrated mixed-use environment, promoting a vibrant community of work, leisure, and residential life.
Beyond the tangible real estate assets, ODOM’s further value lies in its origins. ULS, the project’s developer, is a Cambodian-owned firm committed to challenging expectations and building communities that inspire. With a diverse international team that brings to the table a wealth of experience from a myriad of projects, ULS ensures that everyone benefits from its world-class development expertise.
Furthermore, ODOM presents a rare freehold opportunity in a prime destination. Within a five-kilometer radius, future residents and tenants will have access to a vast concentration of financial and business and NGO headquarters, schools, universities, and popular leisure spots. The location’s prestige, coupled with its potential for appreciation, makes ODOM an attractive prospect for both local and international investors.
Emphasis on Sustainability and Community Well-being
Beyond providing luxury and convenience, ODOM sets a new benchmark for sustainable development in Phnom Penh. The project is registered with the LEED® Gold certification under the LEED v4: Building Design and Construction: Core and Shell Development rating system from the U.S. Green Building Council.
This commitment to sustainable design means integrating energy-efficient and environmentally smart elements that promise future residents and tenants a healthier, more sustainable way of living and working.
A significant aspect of ODOM’s commitment to sustainability and community-building is the provision of over 7,300 SQM of green space, which will be open to the public. This green oasis in the city center, encompassing shared courtyards, public areas, walkable spaces, and greenery, will not only enhance residents’ lifestyle but also contribute to a healthier urban environment.
Cambodia’s Economic Landscape: A Promising Horizon
ODOM’s potential for success is further underscored by Cambodia’s robust economic landscape. With a youthful demographic profile and an urbanization rate that continues to surge, Cambodia has emerged as one of the fastest-growing economies globally. A member of the ASEAN since 1999, the country boasts a diversified economy based on tourism, garments, and agriculture.
Post-pandemic, Cambodia’s economy showed impressive resilience, with a 5.1% increase in 2022, outperforming the 4.8% projected by the World Bank. Looking ahead, the Asian Development Bank has forecasted Cambodia’s GDP to grow by 6.2% over 2023, placing the Kingdom amongst the top three countries with the highest GDP Growth in Southeast Asia, outpacing both Indonesia and Thailand.
Phnom Penh, as the country’s economic and educational hub, has witnessed a surge in demand for high-quality residential and commercial spaces. The city’s real estate market, characterized by its stability and consistent growth, offers a promising platform for investors looking for sustainable returns. This positive economic climate, coupled with the country’s strategic location in Southeast Asia, underlines the strong investment potential of ODOM.
An Investment in Legacy and Transformation
Investing in ODOM is more than an opportunity to capitalize on the city’s thriving real estate market. It is a chance to be a part of a transformative project that stands as a symbol of Phnom Penh’s progress and ambition.
The project is inviting astute nvestors who recognize the immense potential of Cambodia’s thriving economy and explore the numerous opportunities it presents. The development offers a unique blend of commercial, residential, and lifestyle options, each conceived with meticulous attention to detail and a focus on sustainability and community well-being.
For further information on investment opportunities or to learn more about ODOM’s unique features, visit the project’s website or contact them here. Their expert team is readily available to answer questions, provide detailed project insights, and guide potential investors through the investment process.
As ODOM rises, so too does a new standard for luxury, community, and sustainability in Phnom Penh. This is more than an investment; it’s an opportunity to be part of a transformative project that will reshape the city’s skyline and redefine urban living. Don’t miss out on the opportunity to be part of this iconic development.
