Royal Platinum
Boeung Kak 1, Toul Kork, Phnom Penh
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
Royal Group Platinum Condominium, commonly known as Royal Platinum, is a completed mixed-use residential and commercial development in Boeung Kak 1, Toul Kork, Phnom Penh. The project is a joint venture between Royal Group of Companies and Hong Lai Huat Group Limited, undertaken through Royal Hong Lai Huat One Company Limited. Designed by Singapore-based architectural practice Swan & Maclaren, the development comprises two residential towers of approximately 30 storeys each, containing 851 residential units and a ground-level shopping boulevard with 50 commercial shophouses. The residential offering includes studios, one-bedroom, two-bedroom, three-bedroom and four-bedroom apartments, as well as penthouse configurations. Communal amenities include swimming pools, a fitness centre, recreational areas, children's facilities and dining or leisure spaces. Located in Toul Kork, the project benefits from access to established residential neighbourhoods, international schools, supermarkets, restaurants and major road connections across Phnom Penh. Hong Lai Huat Group's corporate disclosures report that the development commenced operations on 4 July 2024. Resale units and potentially remaining developer inventory may be available, subject to confirmation of current stock and pricing.
Key Highlights
- Joint-venture development between Royal Group and Hong Lai Huat Group Limited
- Developed through Royal Hong Lai Huat One Company Limited
- 851 residential units and 50 commercial shophouses
- Two residential towers, reported as 30 storeys each
- Completed development — operations commenced 4 July 2024
- Located in Boeung Kak 1, Toul Kork, Phnom Penh
- Residential layouts from studios to four-bedroom apartments and penthouses
- Communal amenities include swimming pools, gym, recreation and family facilities
- Hard title/freehold; unit-level title verification required
Unit Types & Inventory
| Unit Type | Size (sqm) | Price From | Price To |
|---|---|---|---|
| Studio | ~54 | USD 133,000 | USD 158,000 |
| 1 Bedroom | ~74 | USD 180,000 | USD 220,000 |
| 2 Bedrooms | ~119 to 127 | USD 289,000 | USD 373,000 |
| 3 Bedrooms | ~144 | USD 355,000 | USD 421,000 |
| 3 and 4 Bedrooms Penthouse | ~389 to 534 | USD 1,033,000 | USD 1,402,000 |
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
Royal Platinum benefits from an established Toul Kork location and a completed mixed-use development with residential and commercial components. The involvement of Royal Group and Hong Lai Huat Group provides identifiable corporate counterparties, but their participation should not be interpreted as a guarantee of investment returns, resale liquidity or future property values. Investors should compare actual rental transactions and current competing listings, assess occupancy and tenant demand, inspect building maintenance, and review management fees and service-charge arrangements. The substantial number of residential units means competing listings within the same development should be considered when assessing rental and resale prospects.
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
Royal Platinum is a joint-venture project between Hong Lai Huat Group Limited, a Singapore-listed property developer, and Royal Group of Companies, a major Cambodian business group. The project is undertaken through Royal Hong Lai Huat One Company Limited. Hong Lai Huat Group's corporate disclosures identify Royal Platinum as one of its Cambodian mixed-use development projects and report completion in FY2024. Prospective purchasers should review the legal developer entity, title documentation, sale-and-purchase agreement and applicable warranties rather than relying solely on the reputation of either shareholder.
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 permits: Not independently reviewed. Approved building plans: Not independently reviewed. Environmental compliance: Not independently reviewed. Fire and life-safety compliance: Not independently reviewed. Individual title registration: Requires verification.
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
Project details have been confirmed directly with the developer or their authorised representative.
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 in 2024 — no construction or delivery risk
- Toul Kork location offers good access to central Phnom Penh and established residential amenities
- Mixed residential and commercial component (851 residential + 50 commercial units) provides diversification
- Developer Verified badge — information confirmed with the developer
- Established district with schools, hospitals, retail and road connections
- Price from not publicly confirmed — buyers must obtain current quotations directly
- Management fees differ between residential ($0.70/sqm) and commercial ($1.10/sqm) — ongoing cost must be factored into yield calculations
- Medium risk rating — title security and resale prospects require independent verification
- Overall confidence rated Medium — some project details remain unconfirmed
- Toul Kork faces supply competition from multiple completed and under-construction projects
Who Is This Project Suitable For?
Completed building in an established residential district with good amenities access.
Toul Kork has consistent rental demand from expats and professionals.
The 50 commercial units offer retail or office exposure in a well-connected 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
- Toul Kork market
- International schools
- Aeon Mall 2 (approx. 3 km)
- Hospitals and medical clinics
- Established expat residential community
Infrastructure & Connectivity
Toul Kork is a well-established residential and commercial district with good road connectivity.
No major new infrastructure projects confirmed for the immediate vicinity at time of research.
Editor's Investment Advice
Royal Platinum is a completed development in the well-regarded Toul Kork district, with Developer Verified status and a mixed residential-commercial offering. The absence of a confirmed public price list is a limitation, and the medium risk and confidence ratings indicate that independent verification remains important. Suitable for owner-occupiers and long-term rental investors who obtain current pricing and conduct proper legal due diligence.
Owner-occupiers and long-term rental investors in the Toul Kork market.
Unconfirmed pricing, medium title security, supply competition in Toul Kork, and management fee impact on net yields.
Obtain current price list from developer. Verify individual unit title with a Cambodian lawyer. Confirm management fee structure and building services.
A confirmed and competitive price list with verified title documentation 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.
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