Vue Aston is a 38-story mixed-use residential building that came onto the market in 2020. It was designed by HKS Architects (one of the major architectural firms in the United States) in collaboration with Golden Mantis Decoration Design Company. Developed by The Peninsula Capital Co., Ltd., the project has 895 units from floors 7 to 38, while floors 1–6 are used for retail, office space, and two main lobbies. The upper floors include both residential condos and Ascott-managed Citadines hotel units.
The Building and Its Scale
Vue Aston is about 150 meters tall and sits on a land area of 5,358 square meters. It’s located on the riverside at the meeting point of the Bassac and Mekong Rivers on Koh Norea Island. The project is freehold, and units come with hard title deeds. Each floor has a ceiling height of about 3.2 meters, which helps the units feel more open and spacious compared to many standard condo developments.
Unit Types and Sizes
The project offers five main unit types to match different living needs. Studio units range from around 24.8 square meters (net) to about 34.16 square meters (gross). One-bedroom units are roughly 32–45 square meters. Most two-bedroom units are between 55–74 square meters, with some special layouts going up to about 91.42 square meters. There are also three-bedroom and four-bedroom units, with the largest units reaching up to about 148 square meters (gross). Units generally come with modern finishes, floor-to-ceiling windows, and practical layouts aimed at everyday living.
Amenities and Facilities
Vue Aston includes a wide range of facilities, some free to use and others paid. Free facilities include a double-height lobby area, a gym with modern equipment, an infinity pool with river views, 24-hour front desk service, and landscaped sky gardens. These shared spaces give residents options for exercise and relaxation without extra ongoing usage fees.
Paid facilities include a sky bar overlooking the river, Chinese and Western restaurants, cafés, sauna and steam rooms, spa services, a private cinema, a library, children’s playroom, executive lounge, banquet hall, and shared office spaces. The building also has underground parking from levels -2 up to the ground floor, four elevators, and a security system with CCTV and 24/7 security staff.
Location and Accessibility
Vue Aston is on Koh Norea Island, an area that is seeing ongoing infrastructure and urban development. At the moment, it has reasonable access to central Phnom Penh using existing roads, and future planned bridges are expected to improve connectivity further. By car, it’s around 10 minutes to NagaWorld Casino and Riverside, and about 7.3 kilometers from the Royal Palace.
For day-to-day needs, residents are close to The Ground Market (about 3 minutes away), Park Community Mall (around 10 minutes to the south), and AEON Mall, which can be reached in about 10–15 minutes by crossing the bridge. The Canadian International School is also nearby, which may appeal to families. Techo International Airport is roughly 24.4 kilometers from the project.
Investment Metrics and Returns
The project has reached around 75% sell-through and about 94% construction completion based on recent figures. For investors, estimated annual rental returns are in the range of about 5–9%. Earlier buyers were offered guaranteed rental returns totaling 35% over 5 years, which works out to around 7% per year.
Entry prices started from around $72,000 for studio units and go up to about $474,554 and above for larger four-bedroom units. In general, pricing tends to fall between roughly $2,000–$3,000 per square meter, depending on the unit type, size, and position in the building.
Payment and Management
Vue Aston offers flexible payment options, including installment plans over extended periods. Some plans allow up to 24 months of installments without interest. Down payments usually start from around 30%, with the remaining balance payable on handover. Bank financing is available for buyers who meet the lending criteria.
Monthly management fees are about $1.38 per square meter. These cover upkeep of common areas, security, and shared facilities. Electricity and water are charged separately according to usage, with electricity at around $0.28 per kilowatt-hour and water at about $0.6 per cubic meter. Parking for vehicles in covered basement spaces is roughly $40 per month.
Regional Development Context
Koh Norea is part of a larger master-planned satellite city project valued at around $2.5 billion and led by OCIC (Oriental Capital Investment Co.). The wider plan includes shopping areas, office buildings, parks, and hospitality projects, with the aim of building a new urban hub that complements areas like Diamond Island. The opening of the cable-stayed bridge linking Koh Norea to Diamond Island has already improved access to the area and has been linked with reported increases in nearby property values of around 30% within about 18 months of the bridge opening.
