3. 4 5
CONTENTS
LETTER FROM
THE DIRECTOR
Tave Inggchoeur and his wife, Sreypine Mao, both partners
on the project, have been extremely helpful in promoting
Odom. And I would like to thank my wife, Patricia Tan,
who led the interior design of the sample residences in
our showroom. We’ve received so much praise for the
modern designs of each model condo.
Finally, I can’t thank enough the entire team at ULS
who have worked tirelessly on Odom over the past two
years under the leadership of Mr. Sven Adler, the project
manager for Odom. The whole company came together
for Odom, providing excellent work on everything from
finance, marketing, and sales.
We are proud of Odom, and we hope you will be too.
Leang KEAN
Founder & Managing Director
ULS
We are excited for you to be joining us at the formal
launch of ODOM. We’ve had a fantastic year with dozens
of activities at Odom Garden, and we hope you’ve had
the chance to enjoy some of them too.
While the Garden will be going away during construction,
we look forward to Odom hosting similar events in its
five-story podium, Odom Square, and in one of the six
sky villages in the future.
Odom has indeed been an amazing experience to work
on for ULS. The design provided by award-winning
architects Kite Studio Architecture has exceeded our
expectations and the principal, Mr. Khai Saharom, has
truly been a pleasure to work with. Our architectural brief
offered the challenge, “how do you create a community
in a vertical structure?” Khai took this to heart, working
with us in-depth to explore this question and develop a
concept that was unique not only to Cambodia, but the
entire real estate sector.
ULS has also been fortunate to work with some
outstanding partners on other aspects of the project.
BEE Incorporations has helped us assess the project for
its candidacy to be one of the few LEED Gold-certified
buildings in the country. Meinhardt Group has been
essential in ensuring Odom will be top-of-class in building
services and structural engineering.
05
LETTER FROM THE DIRECTOR
06
ABOUT THE DEVELOPMENT TEAM
22
WELCOME TO ODOM: A NEW
LANDMARK FOR PHNOM PENH
29
MEET KITE STUDIO ARCHITECTURE
36
ODOM SQUARE: UNITING THE PROJECT
40
LIVING AT ODOM
58
WORKING AT ODOM
68
INVESTING IN ODOM TOWER
4. ABOUT THE DEVELOPMENT TEAM
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6 7
COMMUNITY
Communities are formed on a foundation of trust, and we believe the built
environment can facilitate the introductions, conversations, and daily
interactions that connect people and help form deep relationships. Close
communities build great cities and a stronger nation – this is ambitious, but
that is what we want to do.
ACCESSIBILITY
We are developing solutions for the bottom 90 percent of the population.
Sure, there is more money to be made in the luxury market, but that is not
us. We focus on using good design to create affordable solutions within the
budget of the Kingdom’s emerging middle class.
TRANSPARENCY
We do not want to promise the world and fail to deliver. We believe in learning
from our experiences – what works and what does not. We will share this with
clients and we will be honest about feasibility and areas to improve.
ABOUT THE
DEVELOPMENT TEAM
MISSION
We build community-focused housing, commercial, and
lifestyle solutions for the Cambodian emerging middle class.
VISION
To be a nationally and regionally recognized company for
creating real estate solutions, not only for their innovation
and quality but also for the communities they help create.
Community amenities at Urban Village encourage an active lifestyle for families.
Bakong Village homes are built in clusters with a shared courtyard to encourage organic interactions among neighbors.
Factory Phnom Penh is a popular hub for the city’s young creatives.
Urban Loft features a community climbing wall and a reading room.
We are ULS,
nice to meet you
5. ABOUT THE DEVELOPMENT TEAM
ODOM
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8 9
LEAD DEVELOPER
DANIEL CHAVEZ CORBETT HIX SAN SOEURN SVEN ADLER
KIM LEANG KEAN
KIM LEANG KEAN
Founder & Managing Director
A father-of-two, Leang loves the challenge of problem-solving. He believes that there is a
solution to everything. Following his return from the United States in 2004, the hard-working
entrepreneur shaped many successful businesses from hotels to restaurants. As a developer
and the founder of ULtS, Leang believes, “We are in the business of building homes for people,
not just building blocks. This is a huge responsibility for developers. As a father, a husband, a
son, a friend, I understand what it means to invest in a home.” With this mindset, Leang set
the founding ideas for what would become Urban Living Solutions.
DANIEL CHAVEZ
Projects Development Director
Daniel is a San Francisco Bay Area native whose professional journey began with art but
transitioned into structural engineering shortly after. As a licensed civil engineer in the state
of California, Daniel specialized in the seismic design of building structures. Since venturing
abroad in 2014, he has worked on projects in Nepal, Myanmar, Cambodia, Vietnam, Hong
Kong, Indonesia, and the Philippines, all of which inform his holistic understanding of Asia’s
thriving construction industry and the real estate development sector that guides it.
CORBETT HIX
Partner, Creative & Community Director
Corbett is a Texan who is constantly looking under the surface to find underlying connections.
Having lived and worked in the United States, Japan, Korea, and Cambodia, his professional
experience runs the gamut from a barista, teacher, fitness coach and designer to operations
executive and creative director while being a passionate urbanist. In short, Corbett does not
fit in a box very easily. At ULS, his job is to help clients see beyond the obvious and take the
seeds of an idea and transform them into a full concept. His kickoff project at ULS was to help
lead the Factory Phnom Penh project, which he continues to serve as an advisor.
SAN SOEURN
Finance Director
San is a Certified Accountant with almost 20 years’ experience in accounting and finance. Prior
to joining ULS, he worked for several international companies in the retail industry. A devoted
father to two children, he enjoys working with young people and helping them develop skills to
succeed in their professional life. When he’s not in the office, he enjoys playing golf or listening
to country music.
SVEN ADLER
Project Manager
In September 2019, Sven Adler joined ULS as Project Manager, leading its largest project
to date, Odom Tower. Sven holds 13 years of experience as a logistics officer in the German
Defense Force, and was also a project manager in Australia. With a passion for sustainable
methods in construction, he believes that “A good development should add to the quality of
life, not take away from it. It is important to focus on livability and the long-term effect on the
city, especially in a fast-developing country like Cambodia.” With this mindset, Leang set the
founding ideas for what would become Urban Living Solutions.
Urban Living Solutions (ULS) is a locally owned
real estate and lifestyle development firm
concentrating on community-focused solutions to meet
Cambodia’s rapid urbanization. Based in Phnom Penh,
we build livable urban spaces that connect
people and nurture communities.
6. OUR HISTORY
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OUR HISTORY
To date, ULS is just shy of six years old. What began in 2016
as a test project between Leang, his wife, and a few friends
ended up taking off and growing rapidly. Starting from a
humble team of three persons to now reaching 40+, we are
proud to add a seventh project to our growing portfolio. Fully
committed to challenging expectations, we don’t sell “units”;
we build homes and communities that connect, inspire,
and benefit the people that live and work here. Through all
the communities we build, community-focus development
remains at the core.
2016 2017 2018 2019 2020 2021 2022
URBAN LOFT FACTORY
URBAN VILLAGE
ROSE APPLE SQUARE ODOM
BAKONG VILLAGE
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7. COMPLETED PROJECTS
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COMPLETED
PROJECTS
SNAPSHOT
Construction start
MAY 2016
Handover
JUN 2019
Target market
Middle and upper-class
Cambodian and expatriate
Homes
21 Shophouses
182 Condos
Buyer profile
49% Cambodian
25% Chinese
26% Other Countries
July 2019 status
100% Sold
45% Owner-Occupied
2016/2019
As a direct response to the one-size-fits-all strategy, ULS’
first project began in 2016, and wanted to demonstrate that
well-designed condominium living was not only a profitable
investment but a place that Cambodians would choose to live
in, given the option.
Urban Loft’s mixed-use high-rise and landed property
development rethought two key elements in Cambodia’s
contemporary architecture – shophouses and condominiums.
Comprising of two towers, 182 units and 21 shophouses this
project created an entirely new typology appropriate for the
modern era. Open layouts prioritizing function, high-quality
materials, and attention to detail combined with unique
community-oriented amenities for families have helped to
usher in an entirely new, and exciting way to live in Phnom
Penh.
Many early buyers envisioned the units as rental properties
but have since decided to make these investments their
primary residence. This is a result of the interior layouts, open
kitchen plans, attention to detail, and the best-in-class shared
amenities not found at other developments.
ULS took the same approach to the 21 shophouses that
surround the two condo towers. Six meters wide compared
to the traditional four allowed far more flexibility in how the
shophouses are used. The floorplans also provide a separate,
rear entry to a dedicated stairwell to each of the four floors.
This configuration allowed buyers a much better option for
letting out floors to tenants; something owners were already
forcing spaces to do even though they were not designed
for this. The response was immediate, with the shophouses
selling out within months.
8. COMPLETED PROJECTS
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COMPLETED
PROJECTS
SNAPSHOT
Construction start
Q4 2017
Handover
Q1 2020
Homes
828 Condos
Amenities
608 car parking
238 motorbike spaces
3,000 SQM retail space
45% green space
Target market
First-time home buyers
Middle and upper-middle class
Cambodian and expatriate
Buyer profile
First time home buyers (of Khmer
buyers) 65%
December 2019 status
100% Sold
2017/2020
Located ten minutes from the center of the Cambodian capital,
Urban Village is the “Live” and “Play” components of Urban
Hub, with over 800 units in Phase 1 – sold out in less than a
year – and over 4,000 units for Phase 2 & 3. Directly adjacent
to Urban Village is Factory Phnom Penh, where the “Work” and
more “Play” activities take place.
How do you build a community in a high-rise? How do you
connect people in an entirely greenfield development where
everyone will be strangers when they move in? What do you
do with the 3.4-hectare, 16-building garment factory sitting on
half of the land awaiting development?
These were some of the design challenges posed to ULS for
Urban Village, the residential component of the Urban Hub
project.
Our answer was to develop quality condos that are accessible
to and designed for the local market. With ample parking,
3,000 SQM of commercial and retail space focusing on
“everyday needs” (supermarkets, restaurants, cafes, a
school, etc.). We designed 45% of the site for green space
and outdoor activities to allow residents’ children to play and
parents to become friends. Urban Village Phase 1 is the first
condo product in the country to prioritize community-oriented
amenities and create connections amongst its residents.
PHASE 1
9. ACTIVE PROJECTS
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ACTIVE
PROJECTS
SNAPSHOT
Research start
JAN 2017
First office tenants
DEC 2017
Spaces
16 buildings, including:
Fulcrum Café
Workspaces (4)
Playspace Montessori
Fly Phnom Penh
Art space and studios
Event space
Favela gym
Game room
Inspiration Library
FT Gallery
Retail & restaurant alley
Target market
20% Expat
80% Khmer
Ages: 16-35
2017
IDEAS HAPPEN HERE
From the growing success and reputation following Urban Loft,
the next opportunity for a joint venture came up – a 3.4-hectare
former garment factory complex in the south of the city. ULS
joint venture partners purchased the land and, in 2017, began
conceptualizing to repurpose the site into Cambodia’s largest
coworking space.
Factory is the “Work” and “Play” components to the Urban
Hub project (Urban Village provides the “Live”). Blending
working space with creative inspiration, the goal of Factory is
to support the country’s young entrepreneurs in developing
their next great business idea while helping innovators to push
the boundaries of art and design.
INNOVATIONS
Ready to Move in “Graduation Offices”
Starting up a business is challenging in every country, but in
a rapidly developing nation this can be more complicated.
Available from 2-person micro spaces to larger offices for
12, these rooms come with desks, chairs, and other basic
furnishings.
Inspiration Library
ULS believes ideas can come from anywhere, and some of
the best come from leafing through interesting books. We
wanted to provide a space where young people could find
inspiration and take a break from their phones. Factory’s
Inspiration Library is a space to hang out, read, check out
some books and explore new places.
Connect Spaces
Core to the idea of creating spaces for people from all parts
of the campus to meet, Factory is home to two game rooms,
two basketball half courts, a beer garden, several outdoor
and green spaces inviting people to connect and meet
others.
Visual, Music and Photography Studios
Tohelpvisualandmusicartists,UrbanHub(themanagement
company formed by ULS and our joint venture partner,
Goldfame International), subsidized the costs of several
small art, photography, rehearsal and recording studios
to cultivate young organizations and make Factory Phnom
Penh a constant hub for creativity.
The Campus
Initially consisting of 17 buildings, the largest F1 building
was originally the primary production floor stands at 10,000
SQM and hosts some of the most popular facilities at the
site. Other buildings have been repurposed to house office
space, various creative studios, a carpentry workshop and a
range of food, beverage, and retail spaces.
10. ACTIVE PROJECTS
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ACTIVE
PROJECTS
SNAPSHOT
Construction start
Q2 2019
Handover
Q3 2021 (Phase 1)
Land size
4.7 Hectares
Homes
212 Villas
105 Shophouses
Market
60 stalls that will target everyday
needs (groceries, household
goods, light food and beverage
stands)
School
Elementary school, privately run; 3
floors – 10 classrooms, 1 sports
court, and 1 playground
Parking garage
5 floors – 391 cars and 357
motorbikes
Target market
Emerging middle-class
Cambodians living in Siem Reap
2019
BUILDING A NEW COMMUNITY
In 2017, ULS ran an architectural competition to “reinvent the
shophouse” aimed at repurposing shophouses. Located just
15 minutes from the heart of Siem Reap City, and designed
by Aerne Architect & Associates, Bakong Village was the first
step to what would become the master plan development that
places people first, and cars and motorcycles second.
INNOVATIONS
Everything in Bakong Village is designed to improve the current
lifestyle in Cambodia. Through innovation and convenience,
some of our solutions include 22 shared courtyards, home
interiors with ample air ventilation and airflow, and plenty
of spaces for sports, picnics, and community get-togethers,
beautifully designed by Native Landscape Design.
HOME LAYOUTS
Bakong features two types of homes, each with their own
unique identity and diligently rethought to prioritize human
interactions both in and outside of the home.
SHOPHOUSES
Larger families may look at the 263 SQM three-bedroom
“S” model, a three-story home comprised of a two-story flat
atop the street-level commercial space. It comes with three
bedrooms and a beautiful roof terrace.
Alternatively, homebuyers may choose the longer “L”
model. At 233 SQM, it has two bedrooms spanning two
floors and an atrium that brings a piece of nature inside.
Shophouse “S”
263 SQM / 3 bedrooms
Shophouse “L”
233 SQM / 2 bedrooms
VILLAS
Bakong “Villas” come in four flavors ranging from 69 – 202
SQM. Featuring two and three floor options, and one, two
and three bedrooms, families of all sizes are sure to find their
perfect home.
Villa A
100 SQM / 2 bedrooms
Villa B
69 SQM / 1 bedrooms
Villa C
84 SQM / 2 bedrooms
Villa D
202 SQM / 3 bedrooms – 201 sqm
11. ACTIVE PROJECTS
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ACTIVE
PROJECTS
SNAPSHOT
Construction start
Q1 2020
Handover
Q3 2022
Units
207 Condos
40 Co-living apartments
Office space
Retail area
Target Market/Investors
Middle class Cambodian
professionals
International “work-from-Siem
Reap” knowledge workers
Progressive youth looking for
urban home base
Phnom Penh-based expats and
entrepreneurs
Empty nesters and retirees
2020
Stretched over 0.6 hectares in Siem Reap within a 10-minute
walk to the city center, Rose Apple Square is nestled on Rose
Apple Road, where the project gets its name. Angkor Wat,
restaurants, shopping, and Siem Reap International Airport
are all within easy reach.
A HOME WITH BENEFITS
More than just a residential building – Rose Apple Square is the
foundation of a full, mixed-use community. With seven floors,
the entire space has been designed so that complementary
functions can sit adjacent to one another.
ROSE APPLE RESIDENCES
Rose Apple Residences start from 32 SQM studios to
luxuriously spaced 136 three-bedrooms with open kitchens
and natural day-light.
ROSE APPLE OFFICES
With 2,643 SQM (gross floor area), ULS is building Siem Reap’s
first strata-titled office space. 18 exclusive units averaging 100
SQM are designed for the city’s booming SMEs ecosystem.
FUTURE FORUM ROSE APPLE SQUARE
Future Forum Rose Apple Square is a ULS partnership with
the think tank Future Forum. It will host 2,115 SQM (GFA) of
co-working and meeting space, small offices, as well as a
150-person theater.
ROSE APPLE COMMUNE
Local adaption on the evolving idea of “co-living”, with 40
private units, each with a private bathroom and balcony. Plus,
a 180 SQM (GFA) communal kitchen and lounge space.
INNOVATIONS
Building regulations in Siem Reap limit the height to keep the
skyline lower. With only 7 floors, Rose Apple Square is walk up
volume and we’ve designed the stairs to encourage residents
and visitors to do this.
An Integrated Layout
Consisting of four mid-rise blocks centered around an open
green courtyard, greenspace makes up the spine of Rose
Apple Square, connecting all segments of this community
square while allowing each of the four key areas of the
complex to seamlessly co-exist, thrive and collaborate.
Built for the Climate
Each home comes with energy efficient air conditioning,
fitted with 2.3-meter-tall windows and recessed balconies
that allow for relaxation and shade.
Built for Humans, Accommodating to Vehicles
Two floors of parking are provided for cars and motorbikes.
12. WELCOME TO ODOM
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WELCOME TO
ODOM
A NEW LANDMARK FOR
PHNOM PENH
Iconic and memorable, Odom is the new architecture
gold standard within Phnom Penh’s ever-evolving urban
landscape. Centrally located on the capital’s highly
desired Norodom Boulevard, ULS, the developer leading
the project, is delivering its most ambitious community-
focused project to date. With two towers connected by a
five-floor podium, and combined residential, commercial
and office spaces, this award-winning Singaporean-
designed complex brings the community feeling of
traditional Khmer villages into the future.
SNAPSHOT
Address
160B Preah Norodom Boulevard,
Phnom Penh, Cambodia
Tower
45 floors
6 “Sky Villages”
43,000 SQM strata-title office space
Square
5 floors uniting the two buildings
3 floors of underground parking
9,500 SQM retail and commercial space
Living
22 floors
18,000 SQM residences
1, 2, 3 & 4-bedroom options
78 - 262 SQM homes
13. WELCOME TO ODOM
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SQUARE
TOWER
Wake up to a new day and experience the
definition of a world-class lifestyle. Welcome to Odom
Living residences. Designed for contemporary urban
families and young professionals in mind, the
22-story complex will feature premium quality,
spacious apartments boasting incredible city views
across the Phnom Penh skyline. Inside, floor-to-ceiling
windows and en suite terraces mean you can enjoy a
break by day and fall asleep to twinkling lights by night.
Modern amenities and comforts include 24-hour
security, a rooftop terrace, gym, pool, green
space, and a sky bridge with direct
access to Odom Tower.
LIVING
Linking the residential and commercial towers
together through a five-layered landscaped
garden, Odom Square invites you to discover
a curated selection of Southeast Asia’s top
retailers, boutiques, food and beverage outlets,
and a range of trendy lifestyle offerings.
Seamless architecture brings the outside in and
the inside out, creating a unique, world-class
lifestyle destination to unwind, shop, dine and
relax.
A prominent address is more than
just a location–it’s a power move that
communicates status and stability.
Odom Tower will be the new business
hub for the next generation of local
SMEs, Cambodian and international
businesses. Set above 45 floors,
the building features 43,000 SQM
of customizable, strata-title office
space, AI-powered lifts, LEED pre-
certified gold status, energy efficient
and environmentally smart designs,
six “Sky Villages”, and a private-
members only club. Ideal for corporate
headquarters, start-ups, or the work-
hard, play-harder entrepreneurial
types, securing a spot at Odom Tower
offers prestige, legacy, visibility, and
connection in every way possible.
14. ARCHITECTURE AND PARTNERS
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MEINHARDT CONSULTANTS (CAMBODIA), ENGINEERING DESIGN GLOBAL
Meinhardt is one of the world’s few multidisciplinary and integrated engineering,
infrastructure, and project management firms. Meinhardt employs over 4,300 staff in 45
offices worldwide and has worked on some of the largest and most complex building
and infrastructure projects. They are supporting Odom through their Singaporean
and Cambodian offices on all of Odom’s engineering design solutions,
from the structure to electricity and air-conditioning.
www.meinhardtgroup.com
G.E.S. SOLUTIONS, QUANTITY SURVEYING THAILAND
G.E.S. Solutions was incorporated in 2003 and commenced full time operations in early
2004. The founding Principal of the company, Mr. Stuart Dugard, has gained experience
from more than 35 years of employment within the construction industry on varied and
numerous projects in the UK and internationally, with over 20 years
of this experience acquired in Thailand. G.E.S. provides cost planning services
to ensure the project stays within budget and accessible
www.ges-solutions.com
BEE INCORPORATIONS, SUSTAINABILITY CONSULTANTS,
HONG KONG AND CAMBODIA
BEE was born out of the realization that there is often a large knowledge gap between
design, engineering and construction teams when thinking about sustainability.
Aiming to be the missing link, BEE brings together the design
and engineering know-how with construction expertise and materials specialization
to help projects achieve its sustainability objectives. BEE advises the Odom
team to help Odom achieve LEED Gold Certification.
www.bee-inc.com
ENGINEERING
PARTNERS
KITE STUDIO ARCHITECTURE, SINGAPORE
Kite Studio Architecture offers more than just design solutions. From architecture and interior
design, to master planning or landscaping, Kite approaches design challenges with the
belief that every work is a fresh discovery of design senses. Kite introduced the idea of two
towers to the project and creating spaces that were not exclusively work or home related.
Kite thought through the community-focused objectives ULS had and introduced the sky
villages and Square for the Odom as methods to blend aspects from the work and home
environments.
www.kitestudioarchitecture.com
ARCHITECTURE
PROPERTY MANAGEMENT CONSULTANCY
CBRE CAMBODIA, CAMBODIA BRANCH
CBRE Cambodia was the first international real estate services firm established
in Cambodia. Since 2008, the company has grown into a market leader in
real estate services and has over 80 full-time professionals to provide
property management, leasing, sales, research, consultancy, valuation,
and project management services. CBRE Cambodia advises ULS on property management
aspects of Odom to make sure our client’s new homes and offices
are well managed, efficient, and excellent value for the service.
www.cbre.com.kh
15. ARCHITECTURE AND PARTNERS
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THE RIGHT
DESIGNER FOR A
UNIQUE PROJECT
One of the most striking features of Odom is the
architecture itself. Two towers, purposefully built to both contrast,
and complement each other in design and function. When ULS
first endeavored on the idea of building a mixed-use
high-rise project along Norodom, we knew that we wanted
something that would live up to its premier location – a
design that would command attention for decades and
become an icon along the boulevard.
At the same time, we knew we did not want a standard tower,
centered on a lot that lacked integration with its surroundings.
Towers, particularly business towers, can be isolating, leaving
those coming daily with cumbersome long elevator rides if they
want to step out for some fresh air and natural light.
We also wanted to integrate the residences in a way that
would work well with the very different needs of the offices.
When considering designers, we saw the perfect
opportunity to engage Kite Studio Architecture, a firm we
had known personally but had not yet had the opportunity to
work with. ULS developed a detailed brief, including
some rudimentary sketches that detailed how we wanted
interaction space for the residents of both towers.
FROM THIS POINT ON IT TURNED
INTO A GREAT PARTNERSHIP,
THIS IS THAT STORY.
MEET KITE STUDIO ARCHITECTURE
Odom is envisioned to be a dynamic
and progressive microcosm where
strong community ties are forged. The
design was conceived from re-thinking
what a skyscraper can and should be
in Phnom Penh. We wanted a design
that can represent the resilience and
aspiration of the community, keeping
in mind the need for sustainability. We
imagined the city streetscape arranged
vertically, interspersed with delightful
common spaces that set the foundation
for community growth.
- Khai Saharom
“
”
Based in Singapore, Kite Studio Architecture
was founded by Mr. Khairudin (Khai)
Saharom. Having grown up in a family of
builders, Kai found his love for creation
and details early in life. After completing
his Master of Architecture at the National
University of Singapore, Khai went on to work
at CPG Consultants and Aamer Architects
in Singapore, both known for building some
of the most iconic modern residences in
the country. In 2011 he went on to found
Kite Studio, focusing on helping clients to
“think big”, while providing detailed thought
and execution on craftsmanship. In 2017
he looked inward from his structures and
launched Chrysanthemum by Kite, furniture
inspired by his upbringing in his family’s
furniture workshop and love of well-designed
objects.
Khai was recognized as one of the top
20 architects in Singapore under 45
by the Urban Redevelopment Authority
in 2018. He also received the Youth
Environmental Award and Lee Kuan Yew’s
Gold Medal. The Business Times and The
Peak Magazine have also named him as
one of Singapore’s personalities to watch.
Since launching the studio, Kite has built an
impressive portfolio, with work in the home
base to Singapore while also extending
to Malaysia, India, China and Myanmar.
From single residence homes, restorations,
resorts and high-rise residences in India and
Myanmar, the firm’s projects demonstrate
a breadth of architectural know-how. All
this work translated into awards from the
Singapore Institute of Architects in 2012, and
again in 2019.
ULS MEETS KHAI
ULS Founder, Leang Kean, first met Khai
in 2012 through a fellow developer based
in Singapore. Impressed by a concept
presentation for a fashionable cafe, Leang
hit it off immediately with the young architect,
realizing they share a passion for thinking
beyond the form of the building. The two men
place a great value on function and how a
building should serve its residents, whether
for living, working, or a bit of both. Coming
off the heels of Urban Loft, and in the midst
of Urban Village (phase 1), Leang and Khai
looked forward to a chance to work together in
the future, trading emails and ideas regularly.
ODOM: THE RIGHT
PROJECT
In 2018 the perfect project for collaboration
between ULS and Kite Studio presented
itself. ULS found the opportunity to build an
international class high-rise (or two actually),
in a location second to none in Cambodia’s
capital. Leang and Corbett Hix, ULS Creative
& Community Director, worked on initial
concepts and a detailed conceptual brief
to present to Khai, hoping to make this
a collaborative process. The aim was to
disconnect dedicated high-rise functions,
get away from single-use functions of “live
or work,” and think about how communities
could come together in a vertical structure.
“Your future best friend or spouse could be a
floor or two away in a tall building, working in
a different office, but how often do you meet
people outside your workplace, even if they
are just 20 meters away?” asked Corbett Hix.
In a 40-floor tower, long elevator trips down to
the coffee shop or food court take time, and
the chance to meet people is limited. This
was a problem Khai set out to solve.
Khai responded by mixing up the more
dedicated approach to buildings. Early
concepts already indicated that the site
would host not one, but two buildings.
He presented the idea of what he called
“urban nodes,” spaces where people come
together and meet for social or casual
functions. These are often in public areas, or
perhaps on the plinth or retail ground floors
of most buildings, but these are also limited
opportunities for interaction, requiring long
travel distances. These “nodes” would be the
foundation for Odom Tower’s “Sky Villages”
and the Sky Bridge linking the two structures
60 meters above the ground. ULS and Kite
Studio are excited to share more details
about Odom’s design in future issues. In the
meantime, we are on regular MS Teams calls
finalizing Odom’s detailed design, and looking
forward to seeing Khai in person now that
travel restrictions are easing.
In addition to being the principal architect
at Kite Studio Architecture, Khai is also an
adjunct assistant professor at the Singapore
University of Technology and Design. He also
is a board member of several organizations
in Singapore involved in promoting Malay
heritage as well as advising the Urban
Redevelopment Authority of Singapore.
Kite Studio Architecture literally, “shook up” the traditional approach to buildings.
Learn more about Khai
and his work at:
www.kitestudioarchitecture.com
www.indesignlive.sg/happenings/
singapores-new-guard-20-
architects-45
16. ARCHITECTURE AND PARTNERS
30 31
ODOM
PRESTIGE
JUL22
Address 160B Preah Norodom Boulevard,
Phnom Penh, Cambodia
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KAMPUCHEA KROM BLVD.
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INDEPENDENCE
MONUMENT
ROYAL
PALACE
OLYMPIC
STADIUM
TOUL TOM PONG
MARKET
WAT LANKA
KOH PICH
AEON MALL
LOCATION
As Phnom Penh city and the surrounding
neighborhoods continue to evolve, Odom’s
central business and cultural district
location comes in second to none.
Named in honor of the late King Father
Norodom Sihanouk, along this boulevard
was where the march to lead the country
to independence took place. Historical
significance aside, Odom’s royally
connected, prime location includes a diverse
mix of modern infrastructure, French-colonial
charm, cultural landmarks Independence
Monument and the Royal Palace, and a
vibrant lifestyle, shopping, and dining scene.
The surrounding top-notch businesses,
embassies, schools, and a host of modern
conveniences also sets the project apart,
holding its value from the previous five years,
and just as much as in the next 50.
17. 32 33
THE DESIGN APPROACH
ODOM
PRESTIGE
JUL22
THE DESIGN
APPROACH
VERTICAL MASTER PLANNING
Social areas of commercial buildings are typically centered on ground floor podiums that act
as “community nodes” where building residents can interact, either through dining at popular
lunch spots, grabbing a coffee, or sitting in public spaces. Reaching these “break” spots
requires long trips, particularly in taller buildings, limiting opportunities for neighbors to meet.
Odom is taking the concept of these community nodes and lifting them from their ground
floor attachment, breaking them down into Sky Villages, and placing them vertically in the
office tower. These hub areas are bringing the community spirit of Cambodian village life into
the future by providing shared amenities and outdoor green space for residents to pause,
interact, and connect. With active stairs and outdoor areas, these spaces will help building
residents meet folks from offices next door and above simply by bringing these “nodes” up to
the people.
THE ODOM STORY
“How do we create a
community in a vertical
structure where it’s often
difficult to meet people
outside of your office
or home?”
With the help of Kite Studio Architecture,
we shook things up.
DESIGN INSPIRATION
Odom Tower is divided into four segments, inspired by the stacked stones of the Angkorian
temples. Utilizing brick, bamboo and a selection of other regional items, each of the sky
villages present in the building looks to rethink local materials as things to celebrate and
incorporate into current design, even as the country modernizes.
Kite Studio Architecture looked to local materials and historical building approaches for inspiration.
18. 34 35
THE DESIGN APPROACH
ODOM
PRESTIGE
JUL22
UNIQUE AMENITIES
Members Only
To build prestige, community gathering
points and interaction between Odom
residents, tenants and select groups, Odom
Community Club and Odom Society are two
venues designed to cater to every whim.
ODOM COMMUNITY CLUB
Accessible to residents and tenants of
Odom, and those living and working nearby
BKK and the CBD, the community-focused
center features family-friendly, fitness and
recreational facilities to help break apart
home-to-home or home-to-work experience.
Members can socialize between workouts,
unwind with a book, attend community
events, or simply catch-up over coffee.
ODOM SOCIETY
Developed as an exclusive, members-only
networking and social club for Phnom
Penh’s industry leaders, targeting the next
generation of movers and shakers, creatives,
professionals, influencers, their families, and
network. The sky-high venue occupies the
top floors and rooftop of Odom Tower, and
is reserved for like-minded professionals to
meet, socialize, broker deals, exercise, and
dine in comfort and privacy. Whatever the
desire, Odom’s Society club is the Phnom
Penh you didn’t even know, offering access
to world-class health, fitness, lifestyle, and
exclusive dining facilities.
SUSTAINABILITY
LEED Gold Pre-Certified
The Odom project team is also proud to
share that the project is registered with the
certification goal of LEED® Gold under the
LEED v4: Building Design and Construction:
Core and Shell Development rating system
from the U.S. Green Building Council.
What is LEED? It stands for “Leadership
in Energy and Environmental Design” - a
globally recognized system rewarding best
practices and innovations in construction.
Being one of the few buildings to hold
LEED-certification, this means the project’s
high-performance green building will offer
future residents and tenants a healthier,
sustainable way of living and working.
Concrete Over Glass
With both high electricity and transport
costs and steady, hot temperatures in
Cambodia, sustainability is a key concept
at Odom. The designers limited large scale
glazing to reduce heat buildup and elected
to develop their own pre-cast concrete
solutions to reduce construction costs
and environmental impact. The lobby area,
often a major showcase space with vaulted
ceilings and high costs to cool down, has
been rethought, becoming instead open-air,
calling back to the voids common in larger
structures of the new Khmer architecture
of the 1960s. The aim was not to hide from
the local climate but to work with it, using
local materials and smart design to create
naturally-ventilated and shaded spaces
instead of enclosed, air-condition-dependent
areas.
Enhancing Community and Tradition
Odom attempts to bring forward key aspects
of Cambodian village life into an urban
context. We want to create shared spaces
for people to meet and gossip, with plenty
of greenery that shades residents from the
hot sun but allow interaction with nature, as
well as commercial spaces for the trade of
not only goods but also ideas and stories.
Odom Square along the podium and the
Sky Villages distributed vertically, both
provide green pockets of community space
for residents to find quick relief from the
confinement of the desk.
Whether residents require a seminar room or
a space for some midday yoga or afterwork
drinks, we’ve worked to incorporate
interaction points and nodes throughout the
building. We aim to invite tenants outdoors
to mingle and connect, making Odom Tower
a workplace they look forward to going to
daily.
Landscape Replacement Strategy
Phnom Penh is notoriously lacking in green
space, so the developer transformed the
pre-build site into a small park called Odom
Garden. While temporary, its objective is to
help remind city residents of the vital need
for both public and green space. The final
development will incorporate the core aspect
of this temporary park, from trees along both
the podium and Sky Villages, to play spaces
for children and a dog park. Once completed,
these spaces, available to the public at
large, will house more greenspace than the
floor area of the current park.
With a cascading courtyard and decks,
Odom Square, the five-floor retail and
commercial podium is the heart of the
project. Inspired by the rice terraces
throughout Southeast Asia, the naturally
ventilated space will provide an energy-
efficient community hub with ample
vegetation creating cool microclimates to
escape the sun and the hot temperatures
(averaging around 30 degrees throughout
most of the year).
The whole Odom development is set back
from bustling Preah Norodom Boulevard,
a primary north/south artery of the city,
and will draw people in from central
Phnom Penh’s busy streets. In a city that is
transforming itself on a daily basis, Odom
Square hopes to offer a moment of escape
and serenity.
“We want to
create shared
spaces for
people to meet.”
UNIQUE AMENITIES
& SUSTAINABILITY
19. 36 37
ODOM
PRESTIGE
JUL22
SQUARE
ODOM
SQUARE:
UNITING THE
PROJECT
A vibrant and green square, open to
everyone.
Uniting the work area of Odom Tower
and the condos of Odom Living, is Odom
Square – a combination of retail, cascading
green space, restaurants, and access to
underground parking. Residents of both
buildings will find it easy to access life-
enhancing amenities, daily essentials, as
well as options for special occasions.
9,500 SQM retail space
Public green space throughout
Underground parking
www.odomphnompenh.com/square
20. 38 39
ODOM
PRESTIGE
JUL22
SQUARE
FLOOR LAYOUTS
Spread over five floors, Odom Square will
offer retail properties from 14 up to 362
SQM (larger can be considered). The Square
spans both the Tower and Living buildings of
the Odom project as well as the connecting
podium. Most areas are public, except for
the swimming pool which is exclusive to
Odom Living residents.
Parking access is available from the ground
floor and the entire square is connected by
one set of escalators and two staircases.
PARKING
Dedicated lifts connect the Square to the
14,500 SQM of underground parking space.
PLACES AND SPACES
Steps from Odom, start your day and enjoy a
morning run at Independence Park. Before
heading to the office, go for a caffeine
starter to help get your day going. Come
mid-day, make plans with your colleagues
or future clients for an alfresco lunch on a
terrace surrounded by cascading greenery.
A mix of the capital’s top eateries, trendy
bars, shopping, music venues and art
galleries, the surrounding vicinity makes
the five-minute commute easy to get
to, especially for the after-work crowd.
Find comfort just around the corner, in
pedestrian-friendly Bassac Lane where the
bars spill onto the streets, and a plethora of
bespoke eateries are plenty. Alternatively,
explore the bustling riverside, filled with
atmospheric rooftop bars with Tonlé Sap
river views. Feel the rhythm of this vibrant
scene, what Phnom Penh city living was
made for.
RAMP TO
BASEMENT RETAIL
G01
DROP OFF
OFFICE LOBBY
DROP OFF
LOADING
BAY
RETAIL
G02
COURTYARD
CONCIERGE &
COMMON
LOUNGE
L
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L L
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L L
L
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RETAIL
G07
RETAIL G04
RETAIL
G03
LOUNGE
BACK OF HOUSE
RETAIL
G05
RETAIL
G06
FCC
ROOM
WC
SECURITY
ROOM
SECURITY
ROOM
Dedicated lifts connecting the
garage to the square
The entire 5-floor square
is accessible through 2
staircases and 1 set of
escalators
50 meters offset from
Norodom Boulevard for a
bit of tranquility
Open-air courtyard that will
make you feel like you are in a
park, not in a mall
LIVING
TOWER
A variety of different-sized retail
spaces to suit your needs, many
F&B-ready
RETAIL
Retail at its finest. Odom Square will feature
a selection of hand-picked retailers unique
to Phnom Penh — from creative fashion
boutiques, stylish homewares to eclectic
design shops and much more. The Odom
team will be travelling the region in the
coming months to identify businesses that
will stand out from the rest, providing both
residents and visitors a wide assortment of
shopping and lifestyle options. Our goal is
not to be your usual mall with many of the
same names, we want every visit to be full of
little surprises and delights.
GREEN, GREEN,
EVERYWHERE.
Whether on the first, third or fifth floor, take
a break amongst the greenery.
Rest your feet, catch up with a new friend
with an after-lunch coffee, or grab a game of
ping pong on the deck before you head back
to the office. We are designing Odom Square
with plenty of public space for escape, rest
and socializing. With greenery selected for
shade and scent, the Square is a place built
for people to sit, talk, play and basically,
enjoy life.
FOOD & BEVERAGE
We are dedicating more than 1,000 SQM
to be food and beverage-focused with the
goal of putting a smile on everyone’s faces.
Discover new eats at all price points and in
all flavors. Residents working in Odom Tower
will look forward to daily trips down to the
Square, excited about new items to try with
friends and colleagues. From upscale street
food to sit-down dining, Odom Square will
have options for everyone.
ODOM Square will feature over 5,000 SQM (net) of retail, food and beverage space.
21. 40 41
ODOM
PRESTIGE
JUL22
LIVING AT ODOM
Occupying 22 floors in the second tower of
the Odom complex, Living residences span
over 18,000 SQM and feature spacious one,
two, three and four-bedroom family homes
designed for comfortable living, not just nice
to look at.
With city views and floor-to-ceiling windows
with natural day-light, unlimited amenities
include 24-hour security, a rooftop terrace,
gym, pool, green space, and a sky bridge
with direct access to Odom Tower. Being this
pampered and spoilt for choice, you may not
want to leave.
Ranging from 78 SQM for the one-bedrooms
to 262 SQM for the four-bedrooms, homes
at Odom are substantially larger than the
average offered elsewhere in Phnom Penh.
Each come with spacious layouts, large
balconies, design-focused bathrooms and
fully equipped kitchens, ideal for those who
enjoy cooking and entertaining at home.
LIVING AT ODOM:
SETTING A NEW
STANDARD
FOR LIVING IN
PHNOM PENH
22. 42 43
ODOM
PRESTIGE
JUL22
LIVING AT ODOM
SKY BRIDGE
Sixty meters above the hustle and bustle of the Square’s
ground floor, a designated 13.5-meter green laden sky bridge
connecting Odom Tower and Odom Living, will allow residents
the world’s fastest commute for those who live and work at
Odom.
24-HOUR RECEPTION &
SECURITY
Stride into the Odom Living lobby and be greeted by a 24-hour
reception team and come home to a haven of comfort and
guaranteed safety.
SMART LOCK TECHNOLOGY
All condos at Odom Living come with the latest smart lock
technology from Samsung, keeping you and your family always
protected. Sleep at ease with complete control of your home’s
entry point, which can be authenticated in five different ways:
smartphone app, fingerprint, RFID card, number pad, and
mechanical key.
NATURAL LIGHT & FLOOR TO
CEILING WINDOWS
Australian-designed, thermally insulated sliding doors for all
balconies and windows, allowing for maximum daylight.
DOUBLE BALCONIES
All condos at Odom Living have two balconies to allow natural
lighting and ventilation throughout the day. Our sliding balcony
doors have extra slim frames, maximizing the glazed area. The
sliding mechanism uses automotive-quality bearings for ease
of use and durability.
APPLIANCES
Top-of-the-line kitchen appliances from La Maison De Dietrich
- a company with a 300-year history of creative and innovative
culinary equipment. Everyday meals turn into feasts best
accompanied by stunning city views.
Design-led bathrooms featuring Kohler, a recognized leader in
bathroom luxury. Its clean design aesthetic is perfectly suited
to today’s contemporary lifestyle and hectic pace, by creating
a sanctuary of calm where one can relax and unwind.
3 and 4-bedroom residences come with a La Maison De
Deitrich wine fridge, complete with UV treated glass and air-
cooling system.
POOL
Carefree days are spent drifting from your residence to
the pool, which overlooks the Square’s five-floor podium,
providing a tranquil and calm refuge for the sun seekers.
OPEN-AIR COURTYARD
Anintegratedmulti-levelareasurroundedbyretailers,beautiful
landscaping, and a cascade of greenery.
PET FRIENDLY
Luxury-loving pooches and their Odom owners are in for a
treat. Because city living can be limited in terms of outdoor
green space for furry family members to run around in, living
in Odom means you don’t have to compromise.
COMMON STUDY
Located on level 16, two separate spaces are connected
to both the Sky Bridge and balcony, ideal for small private
meetings and quiet workspaces.
SHARED AMENITIES
24. 46 47
ODOM
PRESTIGE
JUL22
LIVING AT ODOM
UNIT PLANS
1 x 1 x 1 x 2 x
FEATURES & AMENITIES
FULLY EQUIPPED KITCHEN*
p 4-plate electric stove
p Electric hood
p Oven
p High-quality sink
*refrigerator not included
COMFORTS THROUGHOUT THE HOME
p Living room balcony
p En suite bedroom balcony
p Large bay window in the living area
p Energy-efficient AC units in living area and bedroom
p Parquet flooring in bedrooms, living and dining areas
p Beautifully tiled floors in kitchen areas
p Ceiling fans
ONE BEDROOMS
THE ULTIMATE URBAN POD
Odom Living offers two types of spacious one-bedroom options, perfect for the young professional or
couple looking for easy access to all Phnom Penh has to offer. Both homes come with spacious living
areas, well-designed kitchens, and two balconies to catch a breeze and watch the sunrise.
Northeast facing view from bedroom, Unit 1B
Perfect for city dwellers, young professionals or the long-term
expat, this comfy one-bedroom has two balconies, and a good-sized
living room with a separate kitchen, large enough to cook at home.
1A
Stand-alone Kitchen 78 SQM (Net)
LAYOUT
1A homes face
north allowing for
ample natural light
while also receiving
shade from Odom
Tower.
6
NORODOM
BLVD
27
1A
13.37M
12.88M
8.84M
8.73M
Designed for city dwellers, young professionals, and long-term ex-
pats who enjoy cooking and want to share the experience with their
guests. The 1B is a comfy nest perfect for unwinding and recharging
after a busy day.
1B
Open Kitchen 80 SQM (Net)
LAYOUT
1B
27
18
15
6
NORODOM
BLVD
1B homes face
north but receive
more shade from
Odom Tower and
have views of the
Mekong to the east.
DESIGN-FOCUSED BATHROOMS
p Glass-doored shower
p Sink
p Vanity
p Toilet
p Naturally ventilated bathroom
p 1 shower, 1 toilet, 1 basin
1
BR
25. 48 49
ODOM
PRESTIGE
JUL22
LIVING AT ODOM
UNIT PLANS
TWO BEDROOMS
A SPACE TO GROW INTO
Ideal for young professionals and budding families, our selection of 4 different
two-bedroom homes provide an option for everyone. Select from units with double
exposures, open kitchens, spacious master bedrooms, southern or eastern
views — Odom has the option you are looking for.
Young families and couples will love this two-bedroom unit, where
the double exposure (north and east) makes everything feel even
warmer and brighter.
2A
Long Balcony 132 SQM (Net)
LAYOUT
With a northeast view, the
2A home allots a great
view of the Mekong and
sunrises.
NORODOM
BLVD
11.90M
12.05M
15.98M
14.81M
Great for couples and young families alike, this two-bedroom unit
beams with natural light throughout the day thanks to its double
exposure (south and east)
2B
Large Balcony 126 SQM (Net)
LAYOUT
NORODOM
BLVD
The southeast views of
our 2B homes receive light
throughout the day with
less heat. Enjoy amazing
sunrises and views towards
the Mekong.
2+ x 2+ x 2 x 2 x
FEATURES & AMENITIES
FULLY EQUIPPED KITCHEN*
p 4-plate electric stove
p Electric hood
p Oven
p High-quality sink
*refrigerator not included
DESIGN-FOCUSED BATHROOMS
p Glass-doored shower
p Sink
p Vanity
p Toilet
p Naturally ventilated bathroom
p 2 showers, 2 toilets, 2 basins
COMFORTS THROUGHOUT THE HOME
p Living room balcony
p En suite bedroom balcony
p Large bay window in the living area
p Energy-efficient AC units in living area and bedroom
p Parquet flooring in bedrooms, living and dining areas
p Beautifully tiled floors in kitchen areas
p Ceiling fans
Architect’s render of the spacious master bedroom at type 2B condo
6TH
17TH
2A
17
6
2B
6TH
17TH
17
6
2
BR
26. 50 51
ODOM
PRESTIGE
JUL22
LIVING AT ODOM
UNIT PLANS
TWO BEDROOMS
A SPACE TO GROW INTO
The perfect set-up for growing families, couples, or single tenants wanting some extra space.
A small study area has also been carved out, at the entrance of the master bedroom. Come
and speak with our sales home advisors and we will find a suitable match for you.
This two-bedroom apartment makes incredibly efficient use of every
corner and space. With two balconies, a small open kitchen, and a
master bedroom with en suite bathroom and private balcony.
2C
Extra Large Master Bedroom 129 SQM (Net)
LAYOUT
The 2C homes face due
south, allowing for a clear
view of the city and light
throughout the day. From
here you can look out
onto the embassies along
Norodom Boulevard.
NORODOM
BLVD
15.58M
11.60M
14.70M
14.10M
Facing the southwest corner, this two-bedroom feels spacious and
welcoming. The entrance opens to the living room and kitchen areas,
and both bedrooms are equipped with private en suite bathrooms.
2D
Extra Half Bathroom 111 SQM (Net)
LAYOUT
NORODOM
BLVD
Facing southwest, our
2D homes afford a view
of beautiful sunsets and
the twinkling lights along
Norodom Boulevard.
2+ x 2 x 2 x 2 x
FEATURES & AMENITIES
FULLY EQUIPPED KITCHEN*
p 4-plate electric stove
p Electric hood
p Oven
p High-quality sink
*refrigerator not included
DESIGN-FOCUSED BATHROOMS
p Glass-doored shower
p Sink
p Vanity
p Toilet
p Naturally ventilated bathroom
p 2 showers, 2+ toilets, 2+ basins
COMFORTS THROUGHOUT THE HOME
p Living room balcony
p En suite bedroom balcony
p Large bay window in the living area
p Energy-efficient AC units in living area and bedroom
p Parquet flooring in bedrooms, living and dining areas
p Beautifully tiled floors in kitchen areas
p Ceiling fans
The combined living, dining and kitchen area at a 2C home
27
6
2C
15
18
27
6
2D
2D
2
BR
28. 54 55
ODOM
PRESTIGE
JUL22
LIVING AT ODOM
UNIT PLANS
THREE BEDROOMS
EVERYTHING YOU NEED AND MORE
Our three-bedrooms are designed for larger families, equipped with a master bedroom, walk-
in closet, and a large bathroom with a bathtub. Both dry and wet kitchens are included, while
the dining and living room area are just perfect for dinner parties. Extra features include a
powder room and a utility bedroom with a small adjacent bathroom. Both other bedrooms
have their own en-suite bathroom.
Spanning the northwest side of the Odom Living tower, this three-bed-
room home has everything you need, and perhaps more. The master
bedroom is equipped with a walk-in closet and a large bathroom
and bathtub. The views ensure amazing glimpses of the city and
incredible sunsets.
3BR
Long Balcony 196 SQM (Net)
LAYOUT
3-Bedroom homes
feature sweeping
sunset views,
directly from your
living room.
NORODOM
BLVD
18.58M
19.25M
FEATURES & AMENITIES
FULLY EQUIPPED KITCHEN*
p Wet and dry kitchens
p Top-of-the-line cabinets
p Stovetop
p Oven
p Electric hood
p Wine fridge
p Dishwasher
p Microwave
*refrigerator not included
AMPLE BATHROOMS
p Master bath with bathtub, and dual sinks
p Powder room�
p Vanity
p Rain shower in main bathrooms
COMFORTS THROUGHOUT THE HOME
p 2 balconies
p Master bedroom with en suite bathrooms
p Energy-efficient AC units in living area and bedroom
p Parquet flooring in bedrooms, living and dining areas
p Beautifully tiled floors in kitchen areas
p Ceiling fans
p Service quarter
p Large closets
3BR
15
6
27
18
4+ x 3+ x 3.5+ x 2+ x
1 x
Spacious dining & living area with open dry kitchen
Master bedroom of the 3BR home, with floor-to-ceiling glass doors for more space and natural daylight
3
BR
29. 56 57
ODOM
PRESTIGE
JUL22
LIVING AT ODOM
27
18
UNIT PLANS
FOUR BEDROOMS
A SPACE TO GROW INTO
Our four-bedrooms are designed for larger families and those looking to impress. With both
wet and dry kitchens, you are set up for every type of cuisine. Both units feature a service
quarter and an additional bathroom while master bedrooms have large balconies and a
luxurious bathroom and bathtub.
With triple exposure (north, east, and south), a massive living room
and dining area with large terrace, outstanding dry and wet kitchen
space, this home is perfect for families with an active social life,
needing extra space to host private parties and events.
4BR
Much more than just a house 262 SQM (Net)
LAYOUT
Located high above
the clouds, our
4-bedroom homes
offer elevated living
from floors 18 to 27.
NORODOM
BLVD
23.67M
17.60M
4+ x 3+ x 3.5+ x 2+ x
1 x
The master bathroom features a bathtub and dual sinks
FEATURES & AMENITIES
FULLY EQUIPPED KITCHEN*
p Wet and dry kitchens
p Top-of-the-line cabinets
p Stovetop
p Oven
p Electric hood
p Wine fridge
p Dishwasher
p Microwave
*refrigerator not included
AMPLE BATHROOMS
p Master bath with bathtub, and dual sinks
p Powder room�
p Vanity
p Rain shower in main bathrooms
COMFORTS THROUGHOUT THE HOME
p 2+ balconies
p Master bedroom with en suite bathrooms
p Energy-efficient AC units in living area and bedroom
p Parquet flooring in bedrooms, living and dining areas
p Beautifully tiled floors in kitchen areas
p Ceiling fans
p Service quarter
p Large closets
4BR
Spacious living area with views of the Mekong is sure to impress
4
BR
30. 58 59
ODOM
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WORKING AT ODOM
Owning an office address on Norodom
Boulevard doesn’t come any more
prestigious than this. Odom Tower’s
prime location offers those who work in
the building access to Odom Square, a
world-class shopping, dining, and lifestyle
destination, as well as convenience to
nearby corporate businesses, embassies,
NGOs, hospitals, and schools.
Rising 45 floors high, steps from the
CBD, and 30 minutes from Phnom Penh
International Airport, Odom Tower offers
unrivalled tailored solutions for the next
generation of SMEs, entrepreneurs, multi-
national and local business owners. With
43,000 SQM of strata-title office space, six
sky villages, green technology, and a private-
rooftop members-only club, Odom is the
perfect platform to launch your company into
the future.
45 floors
43,000 SQM of strata-title office space
6 sky villages
Full floor or subdivided units
Up to 1,515 SQM per floor
WORKING AT
ODOM:
QUITE SIMPLY
THE BEST
OFFICE SPACE IN
PHNOM PENH
31. 60 61
ODOM
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WORKING AT ODOM
KEY
FEATURES
Smart lift system with two lifts per shaft
24-hour access and security
Reception from 8:00AM to 7:00PM
Rooftop members club
Raised floors (wiring and services
underneath)
Full floors or smaller units
Metered electrical services
Air-Conditioning ready
Unfurnished and unfitted, hence fully
adaptable to your business’ needs
Access to the shared pantry and
kitchenette on every floor
Free Wi-Fi in the main Odom Tower lobby
Bicycle parking and shower facilities
Whether you are a ten-year veteran or just
getting out of startup mode, Odom lets you
buy your space and build an asset rather
than paying rent. Work directly with your
existing bank for a business loan, or self-
finance. It’s your space.
BUY, DON’T RENT
ODOM
SMEs
ODOM will welcome businesses of all
sizes, but we have a soft spot in our
heart for local small and medium-sized
enterprises.
Is your business a Cambodian-
based company with 10 to 120
employees?
Are you currently registered in
Cambodia?
Do you employ 70% or more
Cambodian staff?
Are you committed to moving your
company and working out of Odom
for at least 5 years?
We want you to call Odom home.
Visit our website or talk to an agent and
find out how we can help.
www.odomphnompenh.com/SME
Naturally ventilated lobby
AI powered elevator systems
32. 62 63
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WORKING AT ODOM
OFFICE OPTIONS
LARGE COMPANIES
ENTIRE FLOOR FOR LARGE COMPANIES UP TO 1,515 SQM (NET)
70-300 PEOPLE
While various pre-set office sizes are available, we understand some companies might have unique
requirements. Whether you want to combine different offices to create the space you need, or perhaps
buy out an entire floor (or more) for ultimate customization, strata-title offices at Odom Tower are
based on one core principle: maximum flexibility for customers.
6x 3x
3x 8x 1x
Work with your interior designer to come up with the perfect office space for your company – it’s your space, you own it.
WC ACCESS EXCLUSIVE
TO YOUR COMPANY
DUAL ENTRY OR SINGLE-ENTRY
AND EXIT ONLY. YOU DECIDE
INSTALL A KITCHENETTE
VIA ACCESS TO WATER
SERVICES
SUBDIVIDE OR ADD
CONFERENCE ROOMS
AND EXECUTIVE
SUITES AS YOU SEE
FIT TO MEET YOUR
COMPANY'S NEEDS
FLOOR-CONTROLLED
ACCESS TO 8 LIFTS
ODOM INVESTMENT
FINDING RENTERS
WHAT KIND OF BUSINESS ARE
YOU LOOKING TO RENT TO?
NEED A WHOLE FLOOR?
RECEIVE A 5% DISCOUNT, IT’S
AS SIMPLE AS THAT.
217 SQM 183 SQM
148 SQM
95 SQM
91 SQM
61 SQM 65 SQM 68 SQM 206 SQM
216 SQM
97 SQM
141-199 SQM
200+ SQM
217 SQM 183 SQM
148 SQM
95 SQM
91 SQM
61 SQM 65 SQM 68 SQM 206 SQM
216 SQM
97 SQM
FULL FLOORS 887 - 1,515 SQM
p Embassies
p International corporation Cambodia headquarters
p Call centers
p Mature insurance, telco and other professional firms
LARGE OFFICE SPACES 141 - 250 SQM
p Larger corporate headquarters
p Agencies
p Regional International Offices
p Consulates
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WORKING AT ODOM
OFFICE OPTIONS
SMALL AND MEDIUM COMPANIES
VARIOUS SIZES FROM 62 TO 148 SQM (NET)*
Combined open-plan workspace with executive offices at the Odom Tower mock-up unit
WHAT KIND OF BUSINESS ARE
YOU LOOKING TO RENT TO?
62-80 SQM
p Law Offices
p Individual consultants
p Small firms
p Counseling
Odom Tower offers different pre-set office units ranging from 62 to 148 square meters. Need something
larger? Buy two and put them together. Interested in an entire facade on a floor? That is possible as
well. Contact our sales agent to discuss what works best for you. No matter the size, your staff will
have access to a shared kitchenette on every floor and with the help of our AI-assisted elevators, fast
access to all the amenities in Odom Square and the Sky Villages.
*This is a sample floor plan. There are other options available with spaces ranging from 61 SQM to 254 SQM on other floors.
91-148 SQM
p Architecture firms
p Accounting companies
p Marketing agencies
p Small IT firms
ODOM INVESTMENT
FINDING RENTERS
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WORKING AT ODOM
OFFICE GUIDE
DENSITY LOW MEDIUM HIGH
LAYOUT TYPE EXECUTIVE AND PRIVATE OFFICES, CONFERENCE ROOMS, LOTS OF PRIVACY MIXED OPEN PLAN, CUBICLES WITH SOME PRIVATE OFFICES DENSE OPEN PLAN, FEW PRIVATE OFFICES AND CONFERENCE SPACES
INDUSTRY LAW FIRM, CONSULTING, COUNSELING ARCHITECTURE, DESIGN, ACCOUNTING, MARKETING IT, CUSTOMER SERVICE SUPPORT
5 Staff 60 SQM 100 SQM 40 SQM 60 SQM 25 SQM 40 SQM
10 Staff 120 SQM 200 SQM 80 SQM 120 SQM 50 SQM 80 SQM
20 Staff 240 SQM 400 SQM 160 SQM 240 SQM 100 SQM 160 SQM
30 Staff 360 SQM 600 SQM 240 SQM 360 SQM 150 SQM 240 SQM
40 Staff 480 SQM 800 SQM 320 SQM 480 SQM 200 SQM 320 SQM
50 Staff 600 SQM 1,000 SQM 400 SQM 600 SQM 250 SQM 400 SQM
80 Staff 960 SQM 1,600 SQM 640 SQM 960 SQM 400 SQM 640 SQM
100 Staff 1,200 SQM 2,000 SQM 800 SQM 1,200 SQM 500 SQM 800 SQM
120 Staff 1,440 SQM 2,400 SQM 960 SQM 1,440 SQM 600 SQM 960 SQM
150 Staff 1,800 SQM 3,000 SQM 1,200 SQM 1,800 SQM 750 SQM 1,200 SQM
200 Staff 2,400 SQM 4,000 SQM 1,600 SQM 2,400 SQM 1,000 SQM 1,600 SQM
300 Staff 3,600 SQM 6,000 SQM 2,400 SQM 3,600 SQM 1,500 SQM 2,400 SQM
SQM/PAX 12 SQM 20 SQM 8 SQM 12 SQM 5 SQM 8 SQM
There are many factors that go into configuring an office and finding out your company’s exact needs — how
many conference rooms do you need? Do your staff work better in an open plan, or do you need more private
offices? Are you planning on a kitchenette? Do you need a 20-person theater? Pool table? How many staff do
you currently have? How many do you think you will have in three years? Five years?
All of these should be considered when selecting a space. We suggest working with an interior designer that
specializes in space planning and office layouts to help you complete your “second home”.
303 SQM 20 PERSON LAYOUT
Low density, executive style layout
303 SQM 40 PERSON LAYOUT
High density, open-plan layout
THE FOLLOWING IS MEANT TO PROVIDE A HIGH-LEVEL
GUIDE TO SELECTING AN OFFICE.
Work with an architect and interior designer to space plan the right fit for your staff Visit our mockup office at the Odom Showroom
35. 68 69
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INVEST IN ODOM
WHAT IS AN “OFFICE
CONDO”
You are undoubtedly familiar with the most
common real estate investments: land, residen-
tial homes, and condos. Odom Tower offers a
lesser-known opportunity, strata-titled offices,
or what we like to call Office Condos.
Office Condos are similar in many ways to
traditional residential condos, but in many
ways, with fewer hassles and a better chance
at long-term returns. Just like a residence, you
own the strata space and can choose to rent it
to a tenant, use it for yourself to house your new
corporate headquarters, or look at reselling in
the future at a higher price. It’s your property;
you can essentially do what you want.
Where Office Condos differ from residences is
in easier overall management. Unlike residenc-
es which are delivered in a ready-to-move-in
state, offices come only semi-finished, with
raised flooring for wiring but no interior walls
or lights. Rather than the owner fitting out the
space, tenants are usually responsible for this,
with the large spaces able to be customized
for their needs. The benefit to the owner is that
they are not subjected to late night calls when
something breaks as is the case with residential
clients. With offices, this is the responsibility
of the tenant.
Commercial renters often look for longer
term-leases than residents, who might leave
the city or look for other options when new
projects open. Business customers like pre-
dictability and security, especially when they
are investing their own capital on fitting out
the space.
INVESTING IN
ODOM TOWER
Offices come only semi-finished, with raised flooring for wiring but no interior walls or lights
36. 70 71
ODOM
PRESTIGE
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INVEST IN ODOM
WHY INVEST IN
COMMERCIAL
OFFICE SPACE?
You have seen the show-
room, been impressed by
the sample residences
and office, and now you’re
thinking–‘is investing in
office space right for me?’
This is a fair question,
office condos (strata-titled
offices) are a newer prod-
uct in the Phnom Penh
area, but they are also
one of the most potential-
ly lucrative, with lower risk
and less administration.
Let’s see how.
THE CURRENT
MARKET
Even with the “pause” caused by the
pandemic, Cambodia’s economic outlook
is strong. There are still years of pent-up
demand and a large, young, and ambitious
younger generation looking for good jobs at
officestheylookforwardtobeingineveryday.
Phnom Penh needs more office
space
Phnom Penh’s central business district
is home to over 338K square meters of
office space. Odom will be adding almost
43K to this total, but this is still not at the
level needed based on the population.
A regional comparison of cities in developing
nations show that Phnom Penh does not
currently have the office stock the population
will need. We found an average of .04 SQM
per person of office space is needed, based
on trends in neighboring cities. Currently,
Phnom Penh is estimated to have just over
600K SQM in office space, but at the present
city population, we see a need for 887K.
This is why Odom Tower offers such a strong
opportunity.
Villas and converted shophouse no
longer meet expectations
Much of the more formal office space from
the past twenty years is beginning to age
out. They often lack the amenities growing
businesses are looking for, such as formal
lobbies, retail spaces, design aspects, and
strong property management. Similarly,
adapted office stock, often coming from
converted shophouses and villas do not work
for mature companies looking for a space
that matches their ambition. International
firms need spaces that will match the quality
of their spaces in Singapore and Beijing with
equal importance placed on build quality,
operations, service, and prestige of a prime
address.
Odom, with its unique design, Grade-A
spaces, large floor plates and expected LEED
certification, meet the expectations of next
generation Cambodian and International
businesses. Odom Tower is being built for
tomorrow’s firms and corporations looking
for an address every client will recognize for
years to come.
Population
Office Space Supply (SQM)
Major cities in the region
average 0.4 SQM per
person. Compared to
regional markets, there is
an estimated office space
need in Phnom Penh of
887,434 SQM
Source: CBRE, Frank Knight, Pointer,
Cushman & Wakefield reports
Converted buildings are no longer sufficient for modern business offices
OFFICE SPACE SECTOR
REGIONAL COMPARISON
The
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KAMPUCHEA KROM BLVD.
RUSSIAN FEDERATION BLVD.
SIHANOUK BLVD
ST.
163
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5
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6
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ST. 370
ST. 360
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Tonle Bassaac
Beoung Keng
Kong 1
Daun Penh
Riverside
Enternainment Area
Central Market
Koh Pich
Beoung Keng
Kong 2
Makara/Olympic
District
Beoung
Trabaek
Toul Tom Pong
Beoung Keng
Kong 3
LOCATION
ABOVE ALL
In any investment, confidence is key. In real es-
tate, this is largely based on the track record of
the developer and location. This is where Odom
shines above and beyond the competition. With
a solid, international team bringing ideas from
a diversity of experience and projects, ULS and
its partners have already delivered several well-
known projects in Cambodia. And location? Well,
this stands on its own.
The most desired office buildings around
the world sit in a central location, close to
highly sought-after amenities and facilities.
Odom will stand at the center of the best-
known boulevard in Cambodia (Norodom,
which inspired the project name).
Within a five-kilometer radius, Odom has
easy access to financial and business
headquarters, almost every embassy in the
country (with several in walking distance),
banking facilities, schools and universities,
and the most popular restaurants and
bars. Odom has it all - a solid investment
opportunity, an unmatched location, and
a neighborhood with character. Norodom
is consistently one of the less congested
thoroughfares in Phnom Penh, in part
supported by government regulation that
prevents street vendors from blocking
traffic, and a regular police presence.
This guarantees easier access in and
out of the site, avoiding the bottlenecks
that occur inside the smaller streets.
Stand along Norodom in a single day
and you will find government officials,
and even the Prime Minister, travelling
in their motorcade past Odom’s future
home. The name itself, in honor of King
Norodom, complements it geographic
placement. Less than 800 meters from
Odom sits Independence Monument,
a national icon, and further north the
street wraps around historic Wat Phnom.
There are some amazing projects being
built on the manmade islands of Koh
Pich, or the growing areas around Toul
Kork, but no address carries the history
and prestige of Norodom. Location is
everything, and other projects simply
cannot compare to the track record and
history of the Odom site.
EMBASSIES
AND OFFICIAL
OFFICES
1. Australia
2. EU Delegation
3. Germany
4. India
5. Indonesia
6. Japan
7. Korea
8. Lao
9. Myanmar
10. Philippines
11. Russia
12. Singapore
13. Sweden
14. Thailand
15. Turkey
16. United Nations Office
DISTRICTS &
NEIGHBORHOODS
Odom is anchored by Independence
Monument, the Tonle Bassac community
is surrounded by the most sought after
neighborhoods in the city.
From dozens of embassies, international
restaurants, a selection of international hotel
and housing options and less than a kilometer
from the Prime Ministers residence, there is
not a location in the city more central.
Wat Phnom
ODOM TOWER
KAMPUCHEA KROM BLVD.
ST. 182
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RUSSIAN FEDERATION BLVD.
SIHANOUK BLVD
ST.
163
S
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5
1
S
T.
6
3
ST. 370
ST. 360
N
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32%
3%
30%
5%
10%
15%
5%
PERSONAL HOME
RESIDENTIAL
REAL ESTATE
COMMERCIAL
PROPERTY/
OFFICE SPACE
REVENUE
GENERATING
BUSINESS
INVESTMENT
HIGHER RISK
BUSINESS
STOCKS, SECURITIES
CASH DEPOSITS
RETIREMENT
ACCOUNT
LAND
15%
10%
5%
20%
40%
10%
PERSONAL HOME
LAND
RESIDENTIAL
REAL ESTATE
COMMERCIAL
PROPERTY/
OFFICE SPACE
REVENUE
GENERATING
BUSINESS
INVESTMENT
HIGHER RISK
BUSINESS
STOCKS, SECURITIES
CASH DEPOSITS
RETIREMENT
ACCOUNT
15%
10%
5%
20% 20%
20%
10%
PERSONAL HOME
LAND
RESIDENTIAL REAL
ESTATE
COMMERCIAL
PROPERTY/OFFICE
SPACE
REVENUE
GENERATING
BUSINESS
INVESTMENT
HIGHER RISK
BUSINESS
STOCKS, SECURITIES
CASH DEPOSITS
RETIREMENT ACCOUNT
BALANCING YOUR
PORTFOLIO
Common investment advice is to ‘not put all
your eggs in one basket’. What this means is
that you want to hedge your risk by not betting
on a single type of investment product or only
one sector. If one market goes down, it does
not take your entire portfolio with it. In more
developed markets, these portfolios will likely
consist of a mixture of assets and investments,
from stocks, bonds, gold, land and real estate,
pension or retirements funds and perhaps
direct investment in a business or startup, or
even newer entries such as crypto currencies.
(See Fig. 1)
While growing, Cambodia still has limited in-
vestment options, putting more pressure on
Fig. 2: A sample Cambodian portfolio
Fig. 3: A balanced Cambodian portfolio
Fig. 1: A sample investment portfolio in developed markets
WELL ROUNDED CAMBODIAN PORTFOLIO
But even in real estate, diversity helps hedge again one area being affected.
Residential condos
vs. Office condos
SAMPLE CAMBODIAN PORTFOLIO
A more standard portfolio in Cambodia may look like this, with a large portion in the real estate sector.
economy comes back. New homes are always
coming into the market, each one offering to
be “more luxurious” than the last , but iconic,
one-of-a-kind commercial buildings in central
locations never go out of style.
The key is, as we say in English, “don’t put all
your eggs in one basket”, keep your portfolio
diversified. With the inclusion of commercial
office space, you are bring balance to your
investments and more resiliency over the long
term. (See Fig. 3)
SAMPLE INTERNATIONAL PORTFOLIO
But not all of of these investment vehicles are available in Cambodia (or easy to access)
land and real estate, particularly residential
real estate. This sector continues to be the
primary asset within the country. This does not
mean that diversification is not possible, but
it does look different from other countries. An
investment portfolio is likely weighted heavily
towards land, residential real estate, business,
and fixed deposit accounts. (See Fig. 2)
OdomoffersarelativelynewoptiontoCambodia
with office condos. By introducing commercial
office space into your portfolio, you are pro-
tecting yourself against risks in other sectors.
If oversupply of residences reduces prices, or
the economy slows, prime office space holds
its value better, and can quickly recover as the
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ODOM
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ROI ON OFFICE SPACE
Odom Tower has the perfect location, will be LEED Gold-certified, and offers design and operations second to none. The developer has
a strong track record, and the project is attractive. But what might this look like in terms of return on investment? Of course, if you are
buying so that you can move your own company to its new home, the advantages are obvious – say goodbye to rental fees. For those
SMEs and other businesses considering buying office space to work from, the savings can be immense in rental alone over 20 years,
with a break-even around year 10 (depending on how financed). But if you’re looking for regular income, or the potential to sell later,
Odom is an amazing opportunity.
RENTAL RETURNS
Over the past five years, office space has led
the market in price per square meter in terms
of rental prices. (See Fig. 4) On average, of-
fice space rents 40% higher than residential
counterparts. This disparity may continue to
increase with the large number of residential
condominiums coming into the market. On the
other hand, premium office space is still not
at current capacity, and when Odom comes
online, best-in-class office space with the best
location will be in high demand.
Toillustrate,weprojectedwhata150SQMoffice
space might provide in terms of rental return
over 25 years. Using current market trends, we
assume that the starting rental price is $30/
SQM, a reasonable start for when the project
completes. We also assume a moderate rental
increase every five years of 15 percent, in line
(if not under)withrecent trends. For simplicity,
we have priced this at $500,000 for 150 square
meters ($3,333/sqm).
What we see is consistent, secure returns,
grossing up to 1.3MIL over 25 years. But this
kind of return will only continue for projects
that stand up to the test of time and a changing
city. Odom is one such project.
The next generation of business leaders and
international firms will still look to Norodom
as the heart of the city, the place where they
want to leave their mark. Few projects will
continue to be as prestigious, and not just 25
years from now, but also at year 30, 40 and
long into the future.
PROPERTY VALUE
For many investors, the quality and value of the
asset itself is as important as the operational
revenue might return. Whether planning to rent
out the property for regular income, you still
want the base value to increase. Office Condos,
and Odom Tower, are solid investments.
Looking at the past five years of real estate
data, central district office space appreciates,
on average, higher than residential condos or
landed residential properties. (See Fig. 6) To
look at how this might apply to an office space
at Odom Tower, we asked, what would a $500K
investment look like over time compared to
other property types?
Forthisexample,welookatthesame$500,000
investment in Odom Tower, but this time to
estimate the value of the property over time.
We reviewed past commercial office space
performance, and we are assuming an average
of 6% property appreciation, using the same
25-year scale. At the end of year 25, the value
could be over 2 million, and this excludes any
rental income it might generate. This, of course,
is dependent on the quality of the property, the
location, and operations, but we hope Odom
has already made the case for itself.
Starting Price: $30/SQM
Every 5 Year Increase: 15%
HOW MIGHT A $500,000
INVESTMENT IN A 150 SQM OFFICE
RETURN INRENT?
Here’s how. Even with a modest 15% rental increase every five years, you’ll have a steady stream
of income.
Source: Pointer Real Estate, projection based on past 5 year performance. Investment is not a guarantee of return.
Landed
Properties
Residential
Condos
Office
Space
$500,000 Investment
Landed Property vs. Condo. vs. Office Space
Asset Value
At Year 20
Average Annual Appreciation: 6%
Every 5 Year Increase: 15%
If you are buying so
that you can move
your own company
to its new home, the
advantages are obvi-
ous – say goodbye to
rental fees.
Fig. 5: Possible 25-year rental return
Fig. 6: Appreciation rates, Landed Properties, Residential Condos, and Office Space
Fig. 7: Possible asset value of a $500,000 office space in 20 years
Fig. 4: Rental Price Comparison
“
”
Years 1-5 End of Year 10 End of Year 15 End of Year 20
Landed Properties (Villa, Shophouses)
Residential Condos
Office Space
Average Rental Price
USD/SQM: 2017 - 2021
Source: Pointer Real Estate
0
5
10
15
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THE ANSWER?
ODOM TOWER
A successful investor is diversified,
hedging risk between different sectors
and among different products. Likely you
already have a substantial number of
residential properties and land. But what
is your commercial real estate exposure?
With Cambodia’s historic GDP growth
expected to continue catalyzing a new
generation of entrepreneurs, where will
they want to work?
A successful investor investigates all
angles of a project. Where is it located?
Is it (and will it continue to be) desirable
for renters? Is the neighborhood estab-
lished and will it maintain its character?
Will the development add to the prestige
of the area? Will it succeed?
Often projects tick a few of these boxes,
rarely do they hit them all.
The most iconic buildings act as an “an-
chor” to the neighborhood itself, helping
to establish and maintain its identity. They
become the landmarks people refer to
and a destination for tourists. In doing so,
they help ensure the value of not only the
building, but the surrounding community.
The Empire State Building is still com-
manding high rents over 90 years after
completion, and many of the most iconic
buildings form the 20th century continue
to be sought after. If you invest in iconic
architecture, you may just never want to sell.
Assumptions:
Average Annual Appreciation: 6%
Every 5 Year Increase: 15%
HOW MIGHT A $500,000 INVESTMENT IN
A 150 SQM OFFICE RETURN OVERALL?
THE FULL STORY: RENTAL RETURNS & ASSET
APPRECIATION
A worthwhile investment should provide both regular income, and the potential for a large cash-out when the time
is right. We have shown you what rental income might look like, and provided a conservative example of how the
asset might appreciate, but how does this look like when put together? Conservatively, this could be almost 3
million, a 575% return. (See Fig. 8)
ARCHITECTURAL
LANDMARKS AS
NEIGHBORHOOD
ANCHORS
Fig. 7: Possible asset value of a $500,000 office space in 20 years
Rental Returns
Over 20 Years
Asset Value
At Year 20
Data used in this article is taken from reports from Pointer Real Estate, CBRE and Frank Knight publications and research. Demographic data from
World Bank, IMF, National Bank of Cambodia, unless otherwise specified. Appreciation and rental projections based on historical data.
www.pointerasia.com • www.cbre.com.kh/research-center/
Investment in Odom or any office space is not a guarantee of investment returns.
