Picasso Sky Gemme (Picasso 2)

Overview

Picasso Sky Gemme, often referred to as Picasso 2, is a luxury residential tower located in BKK1, Phnom Penh’s most established residential and diplomatic district.

From an investment perspective, the project sits within the prime-district luxury segment, characterized by limited unit supply, larger floor plans, and high specification finishes. With a relatively low unit count for a 52-storey tower, the development is structured to appeal to buyers prioritizing privacy, long-term capital preservation, and premium tenant demand.

Developer and project scale

The project is developed by Global Titan Stone Real Estate Development.

Key fundamentals:

• Floors: 52
• Total units: approx. 276
• Completion target: 2029
• Construction progress: approx. 4%
• Ownership: Strata Title (Freehold / Hard Title)
• Land area: approx. 1,159 sqm

Location and market context

BKK1 continues to represent Phnom Penh’s benchmark residential district due to:

• Concentration of embassies and diplomatic residences
• Multinational corporate presence
• International schools and lifestyle infrastructure
• Stable executive and expatriate rental demand

Amenities

The development offers a well-rounded range of facilities designed for both comfort and practicality. Residents have access to a swimming pool, Jacuzzi, sauna, and a fully equipped gym for wellness and relaxation. Everyday convenience is supported by a commercial area, mini-mart, landscaped gardens, and common spaces, along with a dedicated playground. The building is equipped with elevators, secure car parking, and backup electricity through a generator system. Professional property management ensures smooth day-to-day operations and a consistently maintained living environment.

Investor suitability

Picasso Sky Gemme aligns with buyers seeking:

• Prime-district luxury residences
• Larger layouts uncommon in new BKK1 towers
• Long-term capital preservation
• Premium tenant demand from executives and diplomats

Our role

We operate as a boutique investment advisory, not a listing intermediary.

Our role includes:

• Strategic unit selection based on tenant profile
• BKK1 luxury market comparison
• Entry timing and payment structure review
• Hold vs resale strategy planning
• Coordination with legal and transfer processes