Verified DeveloperVerified DeveloperBest Developer 2023Est. 2000

អូស៊ីអាយស៊ី

OCIC

Cambodia's most ambitious developer — 40+ projects across 25 years, from Koh Pich to the $2.3B Techo International Airport.

About OCIC

Founded on 31 March 2000 by Neak Oknha Dr. Pung Kheav Se, OCIC is the non-financial real estate and investment arm of Canadia Group — one of Cambodia's largest family-owned conglomerates. Its first major projects were Sorya Center Point (Phnom Penh's first modern mall) and Canadia Tower (Cambodia's first skyscraper). In 2006, OCIC launched Koh Pich (Diamond Island) — Phnom Penh's first satellite city. Over 25 years it has expanded into satellite cities, condominiums, an international airport, hospitals, schools and industrial parks, becoming Cambodia's largest developer by investment capital. In 2025, OCIC celebrated its 25th anniversary alongside the inauguration of the $2.3B Techo International Airport.

  • Founded 31 March 2000 by Neak Oknha Dr. Pung Kheav Se
  • Real estate arm of Canadia Group — Cambodia's largest family-owned conglomerate
  • First modern mall (Sorya Center Point) and first skyscraper (Canadia Tower)
  • Phnom Penh's first satellite city — Koh Pich (Diamond Island), launched 2006
  • 40+ projects across 25 years — satellite cities, condos, airport, hospitals, schools
  • Cambodia's largest developer by investment capital
  • $2.3B Techo International Airport inaugurated October 2025
  • PropertyGuru Best Developer Cambodia 2023
  • First homegrown Cambodian developer to win a regional PropertyGuru Asia award

Developer Style

Cambodia's most ambitious large-scale satellite city, mixed-use urban masterplan and infrastructure developer — known for transformative projects including the first satellite city (Koh Pich), the first modern mall (Sorya), and Techo International Airport, often delivered with global design partners.

Company Timeline

2000

OCIC Founded

Founded on 31 March 2000 by Neak Oknha Dr. Pung Kheav Se as the real estate arm of Canadia Group.

🏢 Established
Early 2000s

First Landmark Projects

Sorya Center Point (Cambodia's first modern mall), Canadia Tower (first skyscraper), Borey Sunway Toul Kork and Bassac Garden City.

2004

Koh Pich Development Approved

Royal Government grants OCIC permission to develop Koh Pich (Diamond Island) as Phnom Penh's first satellite city.

📍 Land Approval

Featured Projects

Find Your Match

6+ projects available from OCIC.

Diamond Bay Garden
condominiumActive

Diamond Bay Garden

Koh Pich (Diamond Island), Chamkarmon, Phnom Penh

Strata TitleFrom $132,000Under constructionCondominium
Koh Pich (Diamond Island)
satellite-cityCompleted

Koh Pich (Diamond Island)

Sangkat Tonle Bassac, Chamkarmon, Phnom Penh

Best Township 2024Satellite-city
Norea City (Koh Norea)
satellite-cityActive

Norea City (Koh Norea)

Koh Norea, Chbar Ampov, Phnom Penh

Active · $2.5BSatellite-city
Olympia City Complex
mixed-useCompleted

Olympia City Complex

Veal Vong, 7 Makara, Phnom Penh

Strata TitlePOA · resaleCompletedMixed-use
Techo International Airport
infrastructureCompleted

Techo International Airport

Kandal Province · 19km south of Phnom Penh

Inaugurated Oct 2025Infrastructure
Connexion Tech Hub
mixed-useActive

Connexion Tech Hub

Koh Pich (Diamond Island), Chamkarmon, Phnom Penh

Best Sustainable Design 2024Mixed-use

Developer Coverage

Location & Districts

Projects by OCIC spread across multiple districts.

Koh Pich (Diamond Island)

Sangkat Tonle Bassac, Chamkarmon — Cambodia's first satellite city

5 projects
CompletedActiveClick pill to open Maps

Norea City (Koh Norea)

Chbar Ampov — $2.5B mega satellite city, east of Koh Pich

4 projects
ActiveUpcomingClick pill to open Maps

Olympia City

Veal Vong, 7 Makara — central Phnom Penh, by the Olympic Stadium

2 projects
CompletedClick pill to open Maps

Chroy Changvar

Chroy Changvar Peninsula — waterfront satellite city

1 project
CompletedClick pill to open Maps

Techo Airport Zone

Kandal Province — 19km south of Phnom Penh

1 project
CompletedClick pill to open Maps

Siem Reap

Siem Reap Province — tourism & cultural developments

2 projects
CompletedActiveClick pill to open Maps

Central Phnom Penh · Legacy

BKK1 / Monivong / Toul Kork — OCIC's founding landmarks

4 projects
CompletedClick pill to open Maps

Buyer pricing guidance

Public price signals

Diamond Bay Garden (45–170 sqm)From $132,000
Olympia City (48–306 sqm)POA · resale
Koh Pich residential (various)~$150K – $2M+
Market positioningUpper-Mid to Luxury

Financing options

Diamond Bay GardenFreehold (Strata)
Olympia CityLong-term Leasehold
Primary financingCanadia Bank
DBG hospitalitySomerset by Ascott

Public information only. Confirm current pricing, title type and foreign-ownership eligibility directly with the developer.

Community & Lifestyle Signals

Connexion Tech Hub — 45,000 sqm bio-climatic hub (Best Sustainable Design 2024)

Canadian International School — education anchor inside Koh Pich

Norea International School — soft launch Aug 2026, permanent campus 2027

Somerset by Ascott — serviced residences at Diamond Bay Garden

Koh Pich — 15,000+ residents and 7,000 office workers

Coconut Park, Treelion Park & Elysée Bay green open spaces

Exhibition / Convention Center & Wedding Hall at Koh Pich

Panoramic Mekong, Tonle Sap & Bassac River waterfront living

Rabbit School campus expansion (CSR for children with disabilities)

Women's education support via Toutes à l'école (Chandara Student Homes)

Awards & Recognition

Recognitions for OCIC.

2023

Best Waterfront Condo Development Asia-Pacific (Diamond Bay Garden)

PropertyGuru Asia Property Awards — first Cambodian-owned developer to win a regional Asia award.

PropertyGuru

2023

Best Developer Cambodia + Best Condo Development

PropertyGuru Cambodia Property Awards · 8th Annual (three total wins)

PropertyGuru

2024

Best Township Development Cambodia (Koh Pich City)

PropertyGuru Cambodia Property Awards · 9th Annual

PropertyGuru

2024

Best Sustainable Design — Connexion (Inaugural Award)

First-ever Sustainable Design Award in Cambodia PropertyGuru history.

PropertyGuru

2024

Developer of the Year + 7 Total Awards

Cambodia Real Estate Awards 2024

Cambodia Real Estate Awards

2016

Highly Commended — Best Developer Asia

Early international recognition at the PropertyGuru Asia Property Awards.

PropertyGuru

Common buyer questions

Verify before purchase

  • Verify title type per project — Freehold Strata (Diamond Bay Garden) vs Long-term Leasehold (Olympia City).
  • Confirm construction progress percentage and handover timeline for Diamond Bay Garden towers.
  • Verify foreign-ownership eligibility per unit and project.
  • Confirm management fees and service charges post-handover.
  • Verify the SPV company registration (e.g. Diamond Bay Garden Co., Ltd.) with Cambodia MoC.
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