Le Condé BKK1
No. 122, Street 352, Boeung Keng Kang 1 (BKK1), Phnom Penh, Cambodia
Hard Title & Legal Ownership
Title Unverified
Title status has not been independently confirmed by Bricks Property Network. Buyers must conduct their own legal due diligence before committing to any purchase.
All title and legal information on this page requires independent verification by a qualified Cambodian property lawyer before any purchase commitment. Bricks Property Network is not a legal adviser.
About This Project
Le Condé BKK1 is a completed 43-storey mixed-use development located on Street 352 in BKK1, one of Phnom Penh's established residential and commercial districts. The project is developed by Wangfu International Real Estate Development Co., Ltd. and combines residential accommodation with serviced-residence and commercial components. Public project information reports 1,080 units. The development offers a broad mix of accommodation, including studios, one-, two- and three-bedroom residences, as well as larger multi-bedroom units and penthouses. Published residential listings show a wide range of sizes and prices, reflecting the project's varied layouts and positioning. The development is marketed with furnished residences, smart-home features and shared amenities. Advertised facilities include an infinity swimming pool, fitness centre, yoga room, sky garden, jogging track, sky bar and designated conference or reading areas. Public property information identifies Hopetree Japan as the building-management provider, offering Japanese-style management and concierge services; the current operating arrangements should be confirmed directly. The project is reported as completed in 2025. Buyers can therefore evaluate actual units and common areas rather than relying solely on off-plan renderings. However, the condition, furnishing, maintenance history, occupancy and title status of each resale unit must still be checked individually.
Key Highlights
- Completed 43-storey mixed-use development in BKK1
- 1,080 total residential units
- Broad accommodation mix, from studios to larger multi-bedroom residences and penthouses
- Featuring smart-home features and furnished apartment options
- Facilities include an infinity swimming pool, gym, yoga room, sky garden, jogging track and sky bar
- Located on Street 352, with access to BKK1's restaurants, offices, retail outlets and other urban amenities
- Resale and rental opportunities are widely available
- Facilities, management arrangements and included services should be confirmed against current building documentation and the specific unit's sale or rental terms
Unit Types & Inventory
| Unit Type | Size (sqm) | Price From | Price To |
|---|---|---|---|
| Studio | ~28 to 42 | USD 75,000 | USD 120,000 |
| 1 Bedroom | ~45 to 65 | USD 118,000 | USD 190,000 |
| 2 Bedrooms | ~73 to 91 | USD 190,000 | USD 280,000 |
| 3 Bedrooms | ~125 to 187 | USD 390,000 | USD 600,000 |
| Penthouses / VIP Duplexes | ~878 to 1,068 | Obtain current quotation | — |
Indicative advertised starting price — not a verified developer price list
Pricing & Acquisition Cost
Typical acquisition costs in Cambodia include a 4% transfer tax, stamp duty, notary fees (approx. 0.5–1%), and legal fees. Foreign buyers purchasing via co-ownership (strata) title should budget an additional 1–2% for title registration. All figures are indicative — consult a qualified Cambodian property lawyer for a full cost breakdown specific to your transaction.
Investment Considerations
Le Condé BKK1 offers a completed residential product in an established central Phnom Penh location, with a broad range of apartment sizes and advertised lifestyle and business facilities. Its completed status allows prospective buyers to inspect the unit and common areas before committing. The investment case nevertheless varies considerably by unit type. Studios and smaller apartments have different tenant profiles and acquisition costs from large family residences and penthouses. Higher-priced units require a larger capital commitment and may have a narrower pool of prospective buyers and tenants. Buyers should inspect the specific unit and common areas; verify the individual unit's title, registered owner, encumbrances and transferability; obtain evidence of recent achieved rents for comparable units in the building; and confirm the current management fee, utility rates, parking charges, sinking-fund contributions and any other recurring costs. No rental return, capital appreciation or resale liquidity should be regarded as guaranteed.
Rental & Investment Analysis
Yield estimates are gross figures sourced from developer materials and local agent feedback. Net yields after management fees, vacancy, maintenance and taxes will be lower. All figures require independent verification.
Developer Background
Wangfu International Real Estate Development Co., Ltd. is identified as the developer in the Realestate.com.kh project profile. Some sources use the name Wang Fu Guo Ji Property Development Co., Ltd. The precise registered entity name should be checked against the developer's corporate documents. The project is publicly documented as a completed development. This profile does not independently verify the developer's current financial standing, corporate ownership structure or broader financial position. Buyers should conduct appropriate corporate and legal due diligence where relevant.
Construction & Handover
Construction timelines in Cambodia are subject to change. Off-plan buyers should verify current construction progress and obtain contractual protections for delays before committing.
Approvals & Compliance
Construction and completion approvals: Not independently verified for this profile. Occupancy and unit documentation require building- and unit-specific verification. Completion status reported by a property portal is not a substitute for checking the relevant completion and occupancy documentation.
Permit and compliance status should be independently verified with the relevant Cambodian authorities (Ministry of Land Management, Urban Planning and Construction) before any purchase.
Building Management
Management fee structures in Cambodia vary significantly between projects. Buyers should obtain a copy of the building management agreement and verify all fees, service charges, and sinking fund contributions before purchase.
Risk Assessment
Research confidence scorecard — rated High, Medium or Low based on available evidence.
Sources & Verification
Information is sourced from public records and developer marketing materials only. Independent verification is strongly recommended.
Information is sourced from public records and developer marketing materials only. Independent verification is strongly recommended. Public property listings reviewed include all available trusted online portals in Cambodia and other local property-market sources. Their figures may differ and are not substitutes for official records or direct confirmation from the legal developer. Research Integrity Level: Publicly and Developer Reported — Independent Verification Required.
Pros & Cons
- Completed 43-storey development on Street 352, BKK1 — prime central address
- Wide unit range (studios to penthouses, 28–1,068 sqm) suits multiple buyer profiles
- Smart-home features and furnished options add value for rental investors
- BKK1 has the strongest expat rental demand and resale liquidity in Phnom Penh
- Infinity pool, gym, yoga room, sky garden and sky bar — premium facilities
- Resale and developer units both available — flexibility for buyers
- Wangfu International — Chinese-Cambodian developer; track record requires independent verification
- Title status requires independent legal verification
- Management fee ($1.50/sqm/month) creates significant ongoing costs for larger units
- BKK1 supply competition from multiple premium developments
- Penthouse/VIP Duplex pricing is upon custom quotation — no public price list for top units
- High unit count (1,080) creates internal resale competition
Who Is This Project Suitable For?
BKK1 has the strongest and most consistent expat rental demand in Phnom Penh.
Prime BKK1 address with premium facilities and central amenity access.
Subject to Cambodian ownership laws; BKK1 is the most liquid resale market.
Penthouse and VIP Duplex units offer premium lifestyle in the city's most sought-after district.
Buyer suitability assessments are general in nature and do not constitute personalised financial or legal advice. All buyers should independently assess their own circumstances before making any property investment decision.
Location Highlights
Nearby Amenities & Landmarks
- BKK1 restaurants, cafes, offices and retail
- International schools
- Embassies and diplomatic quarter
- AEON Mall 1 (approx. 2 km)
- Tonle Bassac riverside
- Phnom Penh Tower
Infrastructure & Connectivity
BKK1 is the most developed and well-serviced district in Phnom Penh with established road, utility and commercial infrastructure.
No major new infrastructure required — BKK1 is already fully developed.
Editor's Investment Advice
Le Conde BKK1 occupies a prime BKK1 address with a wide unit range, premium facilities and both developer and resale inventory available. The BKK1 location is the strongest investment argument. Title verification and management fee impact on net yields are the key pre-purchase considerations. Suitable for long-term rental investors and owner-occupiers who verify title and assess the specific unit's condition and pricing.
Long-term rental investors, owner-occupiers and foreign buyers seeking a prime BKK1 address.
Title verification required, high management fee, supply competition in BKK1, developer track record verification needed.
Verify title with a Cambodian lawyer. Confirm current pricing and availability. Inspect the specific unit. Research comparable BKK1 rental rates and management fee impact on yield.
Confirmed title and competitive pricing versus comparable BKK1 developments would strengthen the investment case.
Investment Disclaimer: Editor's Investment Advice represents an independent editorial assessment based on information available at the date of publication. The labels "MUST BUY", "CAN BUY" and "AVOID" are general opinions for informational purposes only and do not constitute financial, legal, tax or personalised investment advice. Property prices, rental income, capital appreciation and resale liquidity are not guaranteed. Buyers should independently assess their financial circumstances, investment objectives and risk tolerance before making any purchase.
Legal Title Disclaimer: Bricks Consultancy is not a law firm and does not provide legal opinions or certify property ownership. Title status, title transferability, foreign ownership eligibility, encumbrances, permits and other legal matters must be independently verified by a qualified Cambodian property lawyer and the relevant authorities before any payment or purchase commitment.
Enquire About This Project
Hard Title. Individual unit title status requires independent verification with a qualified Cambodian property lawyer.
View full title detailsNeed expert advice?
Bricks Consultancy provides commission-free, independent advice for Cambodia property investors and developers.
Learn MoreThis listing is for research purposes only. Bricks Property Network is not a licensed real estate agent. All prices are indicative. This is not financial or legal advice. Always seek independent professional advice before making any property investment decision.
More Projects
View all
Chak Angrae Leu
Urban Village Phase 2
From approx. US$78,000 — US$250,000
Toul Kork
Royal Platinum
From approx. US$133,000 — US$1,402,000
Chak Angrae Leu
R&F City
From approx. US$47,000 — US$235,000
Tonle Bassac
Diamond Bay Garden
From approx. US$126,000 — US$380,000
Nirouth
Vue Aston
From approx. US$57,000 — US$915,000+
Chroy Changvar
La Vista One
From approx. US$88,800 — US$1,000,000+
Chroy Changvar
Wealth Mansion
From approx. US$93,000 — US$250,000+
Chroy Changvar
Morgan EnMaison
From approx. US$69,300 — US$5,000,000+
Toul Kork
Time Square 7
From approx. US$39,900 — US$240,000
Chamkar Mon
Time Square 8
From approx. US$39,900 — US$250,900
BKK1
Time Square 9 – The Gatsby Residence
From approx. US$87,984 — US$455,000
BKK3
Time Square 11 – Time Castle XI
From approx. US$44,251 — US$86,922
Tonle Bassac
Odom Living
From approx. US$275,000 — US$1,105,500
Tonle Bassac
J Tower 3
From approx. US$330,000 — Upon Enquiry Quotation
Mean Chey
Kingston Royale
From approx. US$40,930 — US$150,010
Tonle Bassac
The Penthouse Residences
From approx. US$70,000 — US$1,890,000+
BKK1
G.A.T.O Tower
From approx. US$98,115 — Upon Custom Inquiry
BKK1
UC88 Wyndham Garden BKK1
From approx. US$139,685 — US$3M+
Sen Sok
Orkidē The Royal Condominium
From approx. US$63,000 — Upon Case Quotation