In the previous decade, “Grade A” in Phnom Penh was a label often self-assigned by developers based on height and lobby aesthetics. However, as we approach the 2027 completion of ODOM, the definition of premium real estate has undergone a fundamental shift. Today, the market is witnessing a “Flight to Quality,” where international standards like LEED® Gold are no longer optional, they are the primary drivers of asset liquidity and rental premiums.
For the investor or business owner, ODOM’s commitment to sustainability is not just about environmental stewardship; it is about protecting an asset against the “Brown Discount”, the measurable loss in value that inefficient, non-certified buildings suffer as global standards tighten.
Data from 2025 regional market reports, including insights from IPS Cambodia and global consultants like CBRE, indicate that LEED-certified assets consistently outperform their conventional counterparts.

The tenant profile in Phnom Penh is changing. Modern multinational corporations (MNCs) and international NGOs now operate under strict global ESG mandates. Most are legally or internal-policy prohibited from signing long-term leases in buildings that cannot provide independent verification of air quality, energy efficiency, and waste management.

While the first article touched on efficiency, the technical depth of ODOM’s infrastructure is what truly sets it apart. Working with BEE Incorporations , the developers have integrated systems that were previously unseen in the local market:

Sustainability at ODOM isn’t just mechanical; it’s social. The 6 “Sky Villages” act as vertical community nodes, breaking the isolation of a standard 45-floor tower.

At IPS Cambodia , we have watched the Phnom Penh market mature from speculative growth to quality-driven investment. ODOM, with its Singaporean Grade A design and LEED Gold pre-certification, represents the pinnacle of this evolution.
Whether you are looking for a strategic headquarters or a high-yield investment, the “Gold” in LEED Gold is more than just a certificate, it is the hallmark of a future-proof asset.
Learn more about ODOM’s vision and design:
→ ODOM sets a new standard for mixed-use developments in Cambodia
→ From Vision to Vertical Village: How ODOM is Shaping Cambodia’s Future
→Building for the Future: ODOM Phnom Penh Targets LEED® Gold Certification
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.