Amazing Grace Residence & Resort
- Starts from $130,000
Amazing Grace Residence & Resort
- Starts from $130,000
Project Details
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Property ID 30396
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Land Area 19648 m²
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Property Type Condo Project
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Deposit From 30%
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Grace Period 6 months
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Management Fee ~$0.95 per gross m²
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Developer Angkor Hearta Development Co., Ltd
Full Project Guide
Amazing Grace Residence & Resort is a new low-rise project in Siem Reap. It has 233 homes in eight blocks of four floors each, set in gardens on a 19,648 m² site in Svay Dangkum, about 2.5 km from the centre of town and 6 km from Angkor Wat. Homes here are large, prices start at $130,000, and every home above the ground floor can be owned by a foreigner in their own name. Construction starts in January 2027 and handover is planned for the middle of 2029.
This is not a tower. Building heights in Siem Reap are kept low to protect the setting around Angkor, so the city has very few condo buildings. Amazing Grace is eight separate blocks, lettered A to H, four floors each, laid out around walkways, gardens, courtyards and water.
Project Video
Project Floor Plans
- Size: 84 m²
- 1
- 1
Description:
The ground floor one bedroom. 58 m² inside opening onto a 26 m² private back garden, 84 m² in total, all on one level. There are 29 of these. Ground floor homes cannot be held on strata title by a foreign buyer, so ask us about ownership before you reserve.
- Size: 67 m²
- 1
- 1
Description:
The standard one bedroom, on the first to third floors. 58 m² inside plus a 9 m² balcony, 67 m² in total. It has the same indoor space as every other one bedroom here, so it gives you the most floor area for your money in the project. 68 of these, the most common home in the development.
- Size: 79 m²
- 1
- 1
Description:
A corner one bedroom on the first to third floors. The same 58 m² inside as the standard one bedroom, with a much larger 21 m² balcony, 79 m² in total. The corner position gives it two aspects. Only 19 of these.
- Size: 85 m²
- 1
- 1
Description:
The rarest one bedroom, with just 3 in the whole development. 58 m² inside and a 27 m² balcony, 85 m² in total. The indoor space is the same as the standard one bedroom. The extra is all outdoors, on a corner.
- Size: 113 m²
- 2
- 2
Description:
The ground floor two bedroom, and a dual key. 93 m² inside with a 20 m² private front garden, 113 m² in total. Two separate halves, each with its own front door, so you can live in one and rent the other out. 20 of these. Ground floor homes cannot be held on strata title by a foreign buyer, so ask us about ownership before you reserve.
- Size: 112 m²
- 2
- 2
Description:
The standard two bedroom dual key, on the first to third floors. 93 m² inside plus 19 m² of balcony, 112 m² in total. It splits into two halves with separate front doors, so a tenant in one half never walks through the other. 62 of these.
- Size: 137 m²
- 2
- 2
Description:
A larger two bedroom dual key, on the second floor only. 119 m² inside plus an 18 m² balcony, 137 m² in total. That is 26 m² more indoor space than the standard two bedroom. Only 12 in the development.
- Size: 166 m²
- 3
- 3
Description:
A three bedroom dual key on the top floor. 144 m² inside plus a 22 m² balcony, 166 m² in total, split into two halves with a front door each. There are only 20 three bedroom homes in the whole development and 10 of them are this layout.
- Size: 168 m²
- 3
- 3
Description:
The scarcest home here, with just 2 in the development. The same 144 m² inside as the standard three bedroom, with a 24 m² balcony and a corner position, 168 m² in total. Top floor, dual key.
- Size: 180 m²
- 3
- 3
Description:
The largest home in the development. 144 m² inside with a 36 m² balcony, 180 m² in total, on the top floor in a corner position. The indoor space matches the other three bedrooms, but the balcony is 14 m² bigger than the standard one. Dual key, and 8 of these.
Location
- District Svay Dangkum
- City Siem Reap
Project Amenities & Features
- 24-Hour Security
- Backup Generator
- Balcony
- BBQ Area
- Car Parking
- CCTV
- Children’s Playground
- Cleaning Service
- Commercial Area
- Common Area
- Fire Alarm System
- Fire Sprinkler System
- Garden
- Garden Views
- Gated Community
- Gym / Fitness Center
- Lift / Elevator
- Meeting / Function Room
- Natural Light
- Non-Flooding
- Pet Friendly
- Reception
- Rooftop Terrace
- Sauna
- Sports Facilities
- Swimming Pool
Frequently Asked Questions (FAQ)
Can foreigners own condos in Cambodia?
Yes. Foreigners can legally own condominiums in Cambodia in their own name under a strata title structure. This was made possible by the 2010 foreign ownership law, which allows legally qualified foreigners to own private units in registered co-owned buildings.
There are a few conditions. You can only own units from the first floor and above. Ground floor and basement levels are reserved for Cambodian ownership. Foreign ownership in any single building is capped at 70% of the total private unit area. And the building itself needs to be properly registered as a co-owned building with strata titles issued.
Strata title is the strongest form of property ownership available to foreigners in Cambodia. It gives you full ownership rights, the ability to sell or transfer the unit, and succession rights so the unit can pass to your heirs. If you’d like to understand the legal framework in more detail, feel free to contact our team.
What is a strata title, and how is it different from other property titles?
Cambodia has three main types of property title: soft title, hard title, and strata title.
A soft title is locally registered proof of possession, but it’s not full national-level ownership. It carries higher risk, especially for foreigners.
A hard title is ownership registered in Cambodia’s national cadastral system. This is the strongest form of land ownership, but foreigners cannot hold hard titles for land or landed property.
A strata title is essentially a hard-title-style ownership certificate designed specifically for individual condo units within a co-owned building. It separates ownership of your unit from the land the building sits on, which is what makes foreign ownership possible. Your name goes on the title, and it’s recorded in the national system.
For foreign buyers, strata title is the only property ownership structure where you hold the title directly in your own name with full legal protection.
What does "off-plan" property mean?
Off-plan means the building is either not yet under construction or is currently being built. You’re purchasing a unit before the project is completed, usually at a lower price than what the same unit would cost after handover.
Off-plan purchases in Cambodia typically follow a structured payment plan: you pay a deposit (usually 10% to 30%), then make regular installments during the construction period (commonly around 1% of the purchase price per month), and pay the remaining balance at handover when the building is complete.
The advantage is that you spread payments over the construction period rather than paying everything upfront. The trade-off is that you’re committing to a project that won’t be finished for two to four years, so the developer’s track record and the project’s fundamentals matter.
How do payment plans work for off-plan condos in Cambodia?
The standard structure for most off-plan condo projects in Cambodia looks something like this:
A booking fee of $1,000 to $3,000 to reserve the unit. Then a deposit of 10% to 30% when you sign the Sales and Purchase Agreement (SPA). After that, monthly or quarterly installments during construction — often around 1% of the purchase price per month. Finally, the remaining balance (typically 30% to 50%) is due at handover when the building is complete.
The exact split varies between developers and projects, and everything is laid out in the SPA before you commit. Some developers also offer post-handover financing at around 8% to 12% interest if you don’t want to pay the full balance in one lump sum at completion.
One thing to note: some buyers choose to send payments quarterly or semi-annually rather than monthly to reduce bank transfer costs. We help our buyers plan this out based on their situation.
What are the costs of owning a condo in Cambodia?
Cambodia has relatively low ongoing ownership costs compared to most Western markets. The main recurring costs are:
Monthly management fees, which typically range from about $0.80 to $1.50 per square metre depending on the building. Most projects fall around $1.00 per square metre. So for a 50 sqm one-bedroom unit, you’d pay roughly $50 per month.
Annual property tax, which is 0.1% of the taxable base. The taxable base is 80% of the property value, and there’s a deduction of $25,000 before the tax applies. In practice, for a standard one-bedroom condo, this usually works out to under $100 per year for most condos.
Fire insurance is optional but recommended, particularly for remote owners. Annual premiums are typically under $100 for a standard unit.
There’s no recurring stamp duty, no council rates, and no land tax on strata-titled condos. The gap between gross and net rental yield is smaller here than in many other markets, which is one of the reasons Cambodia is attractive to foreign investors.
What are the typical rental yields in Cambodia?
On well-selected properties in Phnom Penh, gross rental yields of approximately 7.5% to 9% are achievable. Some entry-level units in strong rental locations can push higher, but those headline figures depend on the purchase price, the building’s quality, its management, and the rental market at the time.
Because Cambodia’s ongoing ownership costs are relatively low (no high property taxes, modest management fees) the gap between gross and net yield is smaller than in many Western markets.
Rental performance varies between projects and locations. Not every unit achieves the same return, and factors like building management, tenant demand in the area, and the overall quality of the product all play a role. We provide honest, project-specific rental estimates for every project we work with, based on what we’re actually seeing in the market.
Can I buy a condo in Cambodia remotely?
Yes. Over half of our buyers purchase from outside Cambodia without visiting in person. The entire process — from choosing a project to signing the contract, making payments, handling handover, and transferring the title — can be managed remotely.
For contract signing, we walk you through the SPA via video call, show you exactly where to sign and initial on each page, and arrange courier shipping for the original documents. For handover, we can act on your behalf with a Power of Attorney.
Remote buying does require a good agent on the ground. Documents need to be executed correctly (Cambodia has specific requirements around ink color, thumbprints, and stamps), payments need to be tracked, and there’s a lot of coordination with developers, legal teams, and government offices that happens behind the scenes. This is a core part of what we do for our buyers.
What happens after I buy? What support do you provide?
This is where we focus most of our effort. We believe roughly 80% of the real work happens after the sale, not before.
For off-plan purchases, we provide ongoing construction updates, payment reminders, and direct communication with the developer throughout the build period. When the project reaches handover, we manage the full handover process — inspections, document preparation, and coordination with the developer.
After handover, we assist with title transfer (including all the paperwork, tax payments, and land office coordination), furniture and setup if needed, tenant placement through our network of 100+ agents across Phnom Penh, and ongoing property management.
For resale support, we help with pricing, marketing, buyer negotiations, and the full transfer process. Our role doesn’t end at the sale and we work towards developing long-term relationships with our clients.
How does the title transfer process work, and what does it cost?
Once your condo is paid for and ready to be registered in your name, the title transfer involves two main costs:
The transfer tax (stamp duty), which is 4% of the property value. This is a government tax and is typically the buyer’s responsibility. There are temporary exemptions available for qualifying purchases, but eligibility isn’t automatic and can vary between districts. Check with us before assuming any exemption applies.
Administrative and processing fees for the actual title registration, document handling, and land office procedures. These typically run around $1,500 to $1,800 through our network.
The standard processing timeline is approximately 3 months. Express processing is available at a higher cost, which can bring it down to around 1 month.
If you’re outside Cambodia, we handle the coordination — document shipping, Power of Attorney where needed, and working with the relevant offices to get the title issued in your name.
Do I need an agent to buy a condo in Cambodia?
You don’t have to use an agent. You can walk into a developer’s sales gallery and buy directly. But here’s the important thing: the price is the same whether you buy through an agency or directly from the developer. Developers sign agency agreements that prevent them from undercutting the agencies they work with, so you won’t get a cheaper deal by going direct.
The real question is what happens beyond the purchase itself. This includes contract review, payment tracking, construction updates, handover management, title transfer, furnishing, rental placement, and long-term support. These are the stages where having an experienced agent on the ground makes a practical difference, especially if you’re buying from outside Cambodia.
We also sometimes negotiate extras that aren’t available from the standard price list — additional discounts, furniture packages, free appliances, or other add-ons depending on what the developer is offering at the time.
If you’re considering a purchase, reach out to our team. We’re happy to walk you through the market and explain how the process works, with no obligation
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