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TESSAIC

TESSAIC

Asset class · Residential Rental

City apartments, co-owned in named collections.

Co-own a named collection of furnished, tenanted apartments in Phnom Penh's strongest rental districts. Rent is collected across the whole collection, costs are paid, and net income is distributed quarterly to co-owners in proportion to their fraction.
Bright furnished Phnom Penh apartment living room flooded with midday daylight

One table,several front doors.

Every residential table co-owns a collection: a small set of identified apartments, each one named and on the register before the table opens. Co-owners hold equal fractions across the whole collection, so every owner holds a piece of every home, and no one holds more than half of any single property.

home 1 home 2 home 3 home 4 home 5 home 6 one table, equal fractions in every home; no one holds more than half of any single property
One vacancy, one repair, one strong month: everything is shared across the whole collection, so no single door decides your year.

Three tiers.One discipline.

Collections open in three sizes. The discipline never changes: identified properties, a small table of equal co-owners, one manager under a written agreement, and an independent annual appraisal setting the floor for transfers. Property counts vary with each home's intrinsic value; the pack lists every address.

Modern low-rise condominium building on a leafy Phnom Penh street Tier I

$500,000

gross collection value

Properties
Typically six identified homes
Co-owners
6 to 12, equal fractions
Managed by
My First Corner, under agreement

The first table. A named collection of city apartments in proven rental districts, co-owned in equal fractions.

Every property in the collection is identified and on the register before the table opens. No one holds more than half of any single property.

Mid-rise contemporary condominium with a pool deck in Phnom Penh at dusk Tier II

$1,000,000

gross collection value

Properties
Typically six to eight identified properties
Co-owners
6 to 12, equal fractions
Managed by
My First Corner, under agreement

A broader collection across two or more districts, blending established addresses with rising ones.

Every property in the collection is identified and on the register before the table opens. No one holds more than half of any single property.

Premium high-rise residence tower in central Phnom Penh at blue hour Tier III

$2,000,000

gross collection value

Properties
A curated set of premium properties
Co-owners
6 to 12, equal fractions
Managed by
My First Corner, under agreement

The flagship table. Premium homes and commercial spaces, held together and managed as one estate.

Every property in the collection is identified and on the register before the table opens. No one holds more than half of any single property.

How the income works.

A professional manager handles tenants, rent collection, and maintenance across the collection. Each quarter, co-owners receive net rental income after operating costs, into their own account, with a full statement. A maintenance reserve is held and refunded on exit.

Gross rent collected Operating costs Management fee (disclo… Maintenance reserve (r… Net rental income, dis…
  • 1. Gross rent collected
  • 2. Operating costs
  • 3. Management fee (disclosed)
  • 4. Maintenance reserve (refunded on exit)
  • 5. Net rental income, distributed quarterly
Illustrative structure only, no figures shown. The waterfall for each asset publishes with sourced numbers in its ownership pack.

One vacancy should notbe your whole month.

This is why we hold homes in collections. In a single owned apartment, one empty month costs you all your rent. Across a co-owned building of many units, one vacancy is a fraction of the whole. Spreading tenancy risk across units is how the model steadies income. This describes how buildings behave, not a promise about any interest.

100%

One apartment, one vacancy: all of the rent stops.

2.5%

One of forty, one vacancy: a fraction of the whole.

The homes.

Properties currently held for the residential collections. Every address publishes in the ownership pack for its tier.

Warm interior of a furnished BKK1 Phnom Penh apartment with natural light through sheer curtains and plants

TESSAIC · BKK1, Phnom Penh

Filling

The Saint, Street 308

District rental income, BKK1 district (TTM)
N/A
District price gains, 5-year
N/A
Fraction size from
1/12 of registered title
Fraction price from
N/A
Co-owners per home
6 to 15
Managed by
My First Corner, under agreement
7/12

District and market figures are historical data shown for context. They are not a forecast or a promise of return on any co-ownership interest.

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Present-day Sihanoukville skyline from the sea with new high-rise towers along the bay

TESSAIC · Sihanoukville

Opening soon

Coastal Residential Collection

District rental income, Sihanoukville district (TTM)
N/A
District price gains, 5-year
N/A
Fraction size from
1/12 of registered title
Fraction price from
N/A
Co-owners per home
6 to 12
Managed by
My First Corner, under agreement

District and market figures are historical data shown for context. They are not a forecast or a promise of return on any co-ownership interest.

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See residential co-ownership.