One70 Condominium is a high-rise residential project in Srah Chak, Khan Daun Penh, just north of Phnom Penh’s traditional CBD. It sits on Street 70, behind the French Embassy and close to Calmette Hospital, in an area that’s been developed as part of the Phnom Penh City Center (PPCC) zone with new malls, entertainment and leisure facilities.
The project is developed by New Moment Real Estate Development Co., Ltd. and is positioned as a modern “core / mid-tier” city condominium rather than an ultra-luxury product. It’s designed as a dense, vertical community with several hundred units, shared facilities, and quick access to the inner-city business districts of Daun Penh and Toul Kork.
Location and Surroundings
One70 is located in just off Monivong Boulevard, one of the main north–south arteries of Phnom Penh.
Key nearby landmarks include:
- Calmette Hospital and the French Embassy, both within the immediate block, making the area well known to locals and expats.
- Eden Garden / Eden Garden Mall and the wider PPCC area a short walk away. Eden Garden is a mixed entertainment and F&B complex with restaurants, bars and a cinema (Legend Cinema), designed as a city-centre “food and fun” destination.
- Larger CBD landmarks like Vattanac Capital and Canadia Tower, which anchor much of Phnom Penh’s financial and office activity, are only a few minutes’ drive down Monivong and Preah Monivong–Preah Ang Duong corridors.
Being in Daun Penh means residents are in the historic and commercial core of Phnom Penh rather than in an outer suburb. The district is known for its mix of government offices, banks, older shophouses and newer high-rise buildings, centred around Central Market and the riverside.
The immediate environment around One70 is urban with wide main roads, lots of traffic at peak hours, and a mix of new condos, office blocks and low-rise housing. It’s convenient for people who want quick access to workplaces, schools, hospitals and entertainment, but it doesn’t have a quiet, suburban feel.
Building and Specifications
Project summaries describes One70 as:
- A high-rise condo tower with a height a bit over 120 metres according to tall-building databases.
- Consisting of 37 floors and 793 residential units.
- 2 basement levels for parking and services, on a land area of about 2,438 sqm and a total building floor area of roughly 89,000 sqm in project summaries.
The project appears as part of the recent wave of new condo supply in Phnom Penh, with completion targeted around late 2023.
Overall, this puts One70 in the category of large, single-tower condo projects: many units stacked vertically, extensive shared facilities, and a strong emphasis on maximising views toward the city and from higher floors, toward the Tonle Sap and Mekong rivers.
Developer and Ownership
- Developer: New Moment Real Estate Development Co., Ltd.
- Tenure: Freehold condominium, with hard title ownership, which is important for both local and foreign buyers.
Some are promoted with guaranteed rental returns (for example, 8% per year for 3 years on selected units), but these are promotional schemes, not permanent project features, and buyers should always check current terms directly with the developer or sales agent.
Unit Mix and Sizes
The unit mix shows a spread of compact urban units:
- Studios from roughly 36–38 sqm upwards.
- 1-bedroom units commonly in the 50–58 sqm range.
- 2-bedroom units around 65–85+ sqm gross area.
- unit sizes can be from about 37 sqm up to about 91.5 sqm, with a mix of standard 1 and 2 bedrooms and some duplex-style 2 bed layouts.
Units up to 3 bedrooms; tend to be fewer and may be combined or special layouts.
Typical layout characteristics from sample listings:
- Open-plan living / dining area with a compact balcony.
- Small, modern kitchen – often with built-in induction hob, hood and basic cabinetry; some units are fully furnished with appliances.
- Bedrooms designed to maximise window area and light, sometimes with built-in bench space below the windows.
Overall, One70’s units are on the compact side by international standards, which is typical for central Phnom Penh condos aimed at young professionals, couples and small households.
Facilities and Common Areas
Facilities include:
- Swimming pool, usually described as a rooftop or high-floor pool with city views.
- Fitness centre / gym.
- Roof garden / sky garden and residents’ sky bar / skyline bar – a mix of landscaped roof space and social areas.
- Spa / sauna and related leisure facilities.
- Car and motorbike parking, with more than 200 car spaces reported, plus multiple motorbike bays.
- Eight elevators, which is relatively generous for a single tower with this unit count, helping with peak-hour circulation.
- Standard condo services like security, reception / lobby, and basic property management. (These are typical for Phnom Penh condos of this scale.
The overall concept is a vertical community: residents rely heavily on in-house facilities and nearby amenities (Eden Garden, PPCC, nearby shops) rather than on low-rise shared spaces.
Market Position
In broader market reports, One70 is grouped with other “core” or mid-tier urban condominiums that target local and regional buyers seeking affordable but central condo units, rather than ultra-prime luxury.
Actual current pricing will depend on:
- Whether the unit is from the developer or a resale;
- Floor level and view (city vs partial river / skyline);
- Furniture package, if any;
- Any ongoing promotions or GRR schemes.
Who One70 Really Suits
From a practical point of view, One70 tends to suit:
- People who work in Daun Penh, Toul Kork or the PPCC area and want a short commute rather than living in outer districts.
- Buyers who are comfortable with high-density urban living with lots of neighbours, many units, busy streets, in exchange for convenience and views.
- Investors looking at small to mid-sized units in a central location, with modern facilities and a relatively new building, rather than older apartments or borey-style housing.
It’s less suited to buyers who want large private outdoor space, a quiet suburban environment, or low-rise living; those options exist further out from the city centre.
