The Bridge Review: 963 SOHO Units Next to 734 Homes

Oxley Worldbridge's completed 2018 Tonle Bassac scheme puts a SOHO tower beside a condo tower. Why the neighbour, not the market, prices your resale.

Quick answer: The Bridge is Oxley Worldbridge’s completed 2018 scheme in Tonle Bassac, beside the Australian Embassy, two 45-storey towers linked by sky bridges, holding 734 condominium units and 963 SOHO units above a retail base, roughly 2,350 units on one hectare. The condo buyer’s main competitor does not live in another district. It is in the next tower.

This page previously placed The Bridge on Koh Pich and credited it to Camko. Both were wrong: the scheme is on the mainland beside the Australian Embassy, and the developer is Oxley Holdings with Worldbridge Land. The rest of this page is rebuilt on the verified facts.

What is The Bridge and who built it?

The Bridge is a completed 2018 development on about one hectare in Tonle Bassac, beside the Australian Embassy, by Oxley Holdings of Singapore with Worldbridge Land. Two 45-storey towers linked by sky bridges hold 734 condominium units and 963 SOHO units, above more than 500 retail units and 32 shophouses, with over 1,000 parking spaces.

FactVerified positionNote
DeveloperOxley Holdings (SG) + Worldbridge LandAlso built The Peak nearby
LocationTonle Bassac, beside the Australian EmbassyMainland, not Koh Pich
SiteAbout 1 hectareVery high density
TowersTwo, 45 storeys, linked by sky bridgesCondo tower and SOHO tower
Units734 residential + 963 SOHORoughly 2,350 saleable in total
Completed2018Eight years of operating record

Our read of the scheme starts with its density, because a hectare carrying roughly 2,350 saleable units is an unusual number even by central Phnom Penh standards, and density is what produces every effect this page describes. The delivery record is genuinely good: a Singapore-listed developer completed a complicated building on a tight site in 2018 and it has been operating since. That is more than most Phnom Penh schemes can claim, and it is why a buyer here can work from records rather than renderings. What density also produces is a permanent internal market. In most buildings a resale competes with the district; here it competes first with the several hundred units in its own address that will always be available, and that fact belongs at the front of any valuation rather than in a footnote.

The Tonle Bassac profile covers the district this building actually sits in, and The Peak covers the same developer’s second scheme nearby. Pricing method is in the resale valuation guide, compact-unit letting in serviced apartments investment, and the ownership rules in foreign ownership and strata title.

How does foreign ownership work across a condo and a SOHO tower?

Foreign buyers can hold freehold strata in either tower above the ground floor, inside the 70% cap on total private-unit area, counted per co-ownership building. The SOHO tower adds one layer the condominium does not have: use provisions, which decide what a tenant may legally do in the unit.

Ownership itemCondo towerSOHO tower
Legal basisStrata co-ownership, Sub-Decree 126Same framework
Foreign cap70% of that building’s private-unit areaCounted separately
UseResidentialLive and work, read the clauses
Extra documentsCo-ownership regulationsPlus signage, hours, business-type rules
AgeCompleted 2018Same
TitleIndividual strata titleIndividual strata title

What we could verify is that both products carry ordinary individual titles, so the legal path is clean in each case. The distinction worth spending a lawyer’s hour on is the SOHO use clause, because it determines the tenant pool: a SOHO whose regulations permit only quiet professional use lets to the same people as a small apartment, while one permitting client-facing business lets to a different and often better-paying tenant. Buyers routinely assume the second and receive the first. Our underwriting checklist here is therefore five documents rather than four, title, encumbrance search, quota extract for the correct tower, co-ownership regulations, and for SOHO stock the specific use, signage and operating-hours provisions in writing. A seller who cannot produce the fifth is selling you a guess about your own tenant.

The framework is in can foreigners buy property in Cambodia, the registration steps in strata co-ownership registration, and the whole sequence in due diligence step by step. Budget with the closing-costs guide and read the contract against the SPA review guide.

What do 963 SOHO units do to a condo owner?

This is the scheme’s defining number. Nine hundred and sixty-three SOHO units sit beside 734 homes on one hectare, and a large share of the SOHO stock is let as compact accommodation. For a condominium owner that means the competing supply is not in the next district at $1,800 per sqm: it is on the other side of a sky bridge.

InputFigureEffect on a condo resale
SOHO units963The overhang, permanently available
Condo units734Your cohort
Total saleable~2,350 on 1 haDensity drives both effects
Citywide vacancy~15%Applies on top of internal supply
Central rent band$400-$1,000/month, 1-2BRThe pool both products draw from
Service charge~$1.50 per sqm per monthPayable let or empty

Insider tip: before making an offer, count the live listings inside this address by product type, condo units for sale, SOHO units for sale, and both for rent, because that single tally is the truest picture of what you will face on your own exit, and it takes an afternoon on the portals. Our analysis of high-density mixed-product schemes keeps producing the same conclusion: the overhang does not depress a well-chosen unit’s rent much, because SOHO and condo layouts differ enough to serve slightly different tenants, but it does lengthen the exit. When a buyer can choose from forty comparable units at one address, the seller who needs to move fastest sets the price for that quarter. The counter-move is to buy a unit that is not comparable to forty others: a layout, floor or aspect the tower has few of, and to accept, going in, that liquidity here is a function of patience rather than of price.

To turn the overhang into numbers, use the resale valuation guide with the Phnom Penh rental yield guide. Plan the eventual sale now via the exit strategy guide, understand what SOHO stock competes on in serviced apartments investment, and check district demand in the Tonle Bassac profile.

What does eight years of operation let you check?

Completion in 2018 puts this building in the small group of Phnom Penh schemes that can be judged on records rather than promises: a sinking fund with a spending history, management accounts, countable occupancy and actual transfers at known prices. At 45 storeys and roughly 2,350 units, those records are also unusually consequential.

EvidenceWhere it livesWhat it settles
Sinking fundStatements since 2018Whether wear is funded or deferred
Maintenance logManaging agentLifts and plant at year eight
OccupancyAn evening walk, both towersWhether the overhang is let or empty
ArrearsManagement accountsCollection health at 2,350 units
Closed transfersAgent files, Land OfficeThe real price curve
Retail baseGround level, on footPodium vitality

What we could verify from public sources ends at the building’s shape; everything about how it runs is obtainable but private, which is the normal position for a completed scheme and the reason a site visit is worth more here than at any launch. Year eight is when a tower’s first serious bills arrive, lift refurbishment, facade cleaning cycles, pump and generator overhauls, and a fund that has collected at roughly $1.50 per sqm per month since 2018 has either spent visibly or deferred quietly. The tell is simple and physical: common areas without improvised repairs, a lit and tenanted retail base, and a notice board that is not a list of debtors. At 2,350 units, collection discipline is the whole of management quality, because a levy in a building this size is a political event as much as a financial one.

Year-eight costs are the subject of the sinking fund and fees guide, and the evidence-first case for completed stock is made in buy new vs resale. Practical ownership is covered by the management guide and the property insurance guide, with local context in the Tonle Bassac profile.

Weighing a unit at The Bridge? We will count the live listings by product inside the address, pull the sinking-fund spending record and the closed transfers, and tell you what your exit queue actually looks like.

Measure the overhang

How does it compare with the developer’s other scheme?

The Peak, a short distance away, is the same developer’s second Tonle Bassac scheme and the natural comparison. Both are large, freehold and mixed. Their risks are opposites, which makes the choice unusually clean for foreign buyers who know which risk they can manage.

DimensionThe BridgeThe Peak
Completed2018, eight years of recordsLater, with the hotel
Scale45 storeys, ~2,350 units on 1 ha55 storeys, 1,014 homes
The other use963 SOHO unitsMall, offices, Shangri-La
Main riskInternal supply and exit queueOperating cost and shared access
Best evidenceTransfers and fund historyApportionment schedules
SuitsA patient buyer who prices liquidityA buyer who reads cost documents

Our underwriting of the pair is that neither risk is worse; they demand different temperaments. The Bridge’s overhang is visible, countable and permanent: you can measure it in an afternoon and it will not surprise you, but it will not go away either, and it sets how long a sale takes. The Peak’s cost exposure is quieter, arrives monthly, and is knowable only from documents most buyers never request. A buyer who will do portal arithmetic and hold through a slow quarter belongs at The Bridge, where eight years of records reward exactly that discipline. A buyer who will read a management statement but wants fewer competing sellers belongs at The Peak. The mistake is buying either on the developer’s name alone, because the name is the one thing the two schemes genuinely share.

The direct comparison is The Peak, and the district frame is the Tonle Bassac profile. Beyond that, buy new vs resale and best condos to buy in Phnom Penh place it in the city, while the negotiation guide covers bidding with a listing count in hand.

What we could verify, and two corrections

ClaimClassificationEvidence
Developer: Oxley Holdings + Worldbridge LandVerifiedCorrects this page’s former “Camko / OCIC”
Tonle Bassac, beside the Australian EmbassyVerifiedCorrects this page’s former “Koh Pich”
Two towers, 45 storeys, linked by sky bridgesVerifiedProject documentation
734 residential + 963 SOHO unitsVerifiedProject breakdown
500+ retail units, 32 shophouses, 1,000+ parkingVerifiedProject breakdown
Completed 2018VerifiedStanding and occupied
Sinking fund, arrears, occupancyMust obtainManagement records
Live listing count by productMust obtainAn afternoon on the portals

Two rows are corrections rather than facts. The slug of this page still contains “koh-pich” and will be changed when redirects are next approved; until then the URL is wrong and the content is right, which is the better way round.

Advantages and disadvantages

For the purchase: eight years of checkable operating history; a Singapore-listed developer with a second local scheme to inspect; genuine density advantages in amenity and retail at street level; an embassy-quarter position on the mainland; and enough transactions inside the building to price a unit accurately rather than by analogy.

Against it: 963 SOHO units competing for an overlapping tenant pool and lengthening every exit; roughly 2,350 saleable units on a single hectare; collection discipline that becomes political at that scale; year-eight plant bills arriving on a 45-storey tower; and a resale market where the fastest seller in any quarter sets your price.

Buyer scenarios and decision framework

A patient long-let investor who buys an uncommon layout is the best fit and can turn the overhang into a negotiating tool on entry. An owner-occupier gets a well-located completed building with real amenity and should simply verify the fund. A short-let operator should count the SOHO listings first, because that is the competition. And a buyer who needs a quick exit within a year or two should look at a smaller scheme, where liquidity does not depend on being the most motivated seller in a queue.

Closing verification checklist

Before any offer: obtain the quota-headroom extract for the correct tower; for SOHO stock, get the use, signage and hours provisions in writing; read the sinking-fund statement beside the maintenance log at year eight; request arrears and collection rates; count live listings by product inside the address; secure closed transfer prices rather than asking prices; run the Land Office title and encumbrance search; and time the transfer against the 2026-12-31 duty window with the 20% capital gains regime from 2027 in the exit model.

Frequently Asked Questions

In Tonle Bassac, Phnom Penh, beside the Australian Embassy on about one hectare, on the mainland, not on Koh Pich as this page previously stated. Built by Oxley Holdings of Singapore with Worldbridge Land of Cambodia, completed 2018.

Two 45-storey towers linked by sky bridges: a condominium tower of 734 units and a SOHO tower of 963 units, over more than 500 retail units and 32 shophouses, with upwards of 1,000 parking spaces, roughly 2,350 saleable units in total.

A small-office-home-office unit is strata space designed to be lived in and worked from, and much of it is let as compact accommodation. That is precisely why 963 of them beside 734 homes matter: they draw on an overlapping tenant pool.

Yes, in both towers above the ground floor, inside the 70% cap on total private-unit area, counted per co-ownership building. For SOHO units, obtain the co-ownership rules on use, signage and hours before assuming a business tenant is permitted.

Considerably. Eight years of operation means a sinking-fund spending record, management accounts, countable occupancy and real transfers. It also means the plant has passed its first maintenance cycle, so the fund's spending matters as much as its balance.

Same developer, opposite exposure. The Peak's risk is operating cost, because a mall and a Shangri-La share its plant. The Bridge's is internal supply, nearly a thousand SOHO units competing with the condominium beside them for tenants and buyers.

Want this priced for your budget? Tell us the district and how to reach you. Independent research first, then 3 to 5 matched options with the numbers behind each one.

Frequently Asked Questions

In Tonle Bassac, Phnom Penh, beside the Australian Embassy on a site of about one hectare, on the mainland, not on Koh Pich as this page previously stated. It was built by Oxley Holdings of Singapore with Worldbridge Land of Cambodia and completed in 2018.

Two 45-storey towers linked by sky bridges: one condominium tower with 734 residential units and one SOHO tower with 963 small-office-home-office units, over a retail base of more than 500 units and 32 shophouses, with upwards of 1,000 parking spaces. Roughly 2,350 saleable units in total.

A small-office-home-office unit is strata space designed to be lived in and worked from. In practice many are let as compact apartments, which is exactly why they matter to a condo owner in the same scheme: 963 of them sit beside 734 homes and draw on an overlapping tenant pool.

Yes, in both towers above the ground floor, inside the cap of 70% of total private-unit area. The cap is counted per co-ownership building, so ask for the ledger of the specific tower. For SOHO units add the co-ownership rules on commercial use, signage and hours before assuming a business tenant is permitted.

Considerably. Eight years of operation means a real sinking-fund record, a documented management history, countable occupancy and actual resale transfers. It also means the plant has consumed its first maintenance cycle, so the fund's spending record is worth as much as its balance.

Same developer, different exposure. The Peak's risk is operating cost, because a mall and a Shangri-La share its plant. The Bridge's risk is internal supply: nearly a thousand SOHO units competing for tenants and buyers with the condominium beside them. Neither risk is hidden; both are priceable.

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