Author: Lyheng Thoeun
Published: 2025-12-09
Categories: Cambodia News, Commercial Real Estate, Investor Guide, Lifestyle Guide
The thriving coastal city of Sihanoukville, Cambodia, is set for a new wave of growth as the LZ Sea View team officially launched construction on their next flagship project: LZ Sea View Premium . This momentous Groundbreaking Ceremony, celebrated on 07 December 2025, marks the start of a 24-storey seaside residence that is poised to become the city’s next iconic development and a benchmark for European quality in the Cambodian real estate market.
LZ Sea View Premium isn’t just a new building; it’s a secure, high-yield real estate investment opportunity. The developer’s track record is undeniable, their previous project, LZ Sea View Residences, achieved a remarkable 99% sold rate and 100% rental occupancy rate. This success is now being extended to the new development, offering investors:
With Sihanoukville continuing its strategic transformation into a global logistics and tourism hub, driven by billions in infrastructure investment, LZ Sea View Premium offers investors a prime location in Sangkat Boun with significant long-term capital appreciation potential.

LZ Sea View Premium Developers and IPS Cambodia’s Representative (3rd from left).
Designed with European standards and elevated architecture, this 24-storey residence will redefine Sihanoukville’s skyline. A unique standout feature is the planned sky bridge that will connect the new LZ Sea View Premium to its established, successful predecessor, LZ Sea View Residences, at the 22nd floor, symbolizing a fusion of proven success and future luxury.
Residents will enjoy an exceptional coastal lifestyle with:

Inside the showroom of LZ Sea View Premium.
Over the last decade, Phnom Penh’s skyline has changed dramatically. But if you want to see where the real “new” Phnom Penh is being built, you have to look toward the water. Phnom Penh is one of the few capital cities in the world defined by the meeting of three major rivers: the Mekong, the Tonle Sap, and the Bassac. Historically, these rivers were the lifeblood of trade; today, they are the driving force behind the city’s most prestigious real estate.
The Ministry of Economy and Finance (MEF) recently issued a new notification (dated January 16, 2026) regarding the extension of tax incentives for the real estate sector. Following the recommendations of Prime Minister Hun Manet, this move is designed to alleviate the financial burden on citizens and stimulate growth within the property market through the end of 2026.
Cambodia’s real estate market has seen significant growth and interest from foreign investors. While many prospective buyers begin their journey by asking, “Can foreigners truly own land in Cambodia?”, the reality is that direct freehold ownership for non-nationals is restricted to co-owned buildings (condominiums) above the ground floor. However, since 2019, alternative structures like trusts have offered a safe, legal, and viable pathway to secure landed property.