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Le Conde
Le Condé BKK1 — Beoung Keng Kang 1 (Chamkarmon), Phnom Penh
Investment Overview
Le Condé BKK1 is a 43-storey mixed-use residential development located in BKK1, Phnom Penh’s most established and prestigious residential and business district.
From an investment perspective, the project represents a prime-district, near-completion asset combining strong sell-through, professional property management, and immediate leasing relevance. Its positioning favors capital preservation, rental liquidity, and long-term district resilience rather than speculative growth.
Location & Market Context
BKK1 remains Phnom Penh’s most defensive real estate zone due to:
Concentration of multinational companies and embassies
International schools and premium lifestyle infrastructure
Consistent executive and expatriate rental demand
Long-term scarcity of new large-scale developments
Developer & Project Scale
Le Condé BKK1 is developed by Wangfu International Real Estate Development Co., Ltd, with the property professionally managed by Hopetree Japan, delivering Japanese-style operational standards and concierge services.
Key fundamentals:
Floors: 43
Total units: approx. 1,080
Completion target: 2025
Construction progress: approx. 97%
Sold rate: approx. 84%
Ownership: Hard Title
Amenities Include:
Amenities Include:
Amenities Include:
Security Include:
Ownership & Legal Structure
Investor Suitability
Le Condé BKK1 aligns with:
Investors seeking prime-district rental liquidity
Buyers targeting near-completion deployment
Portfolio stabilization strategies
End-users prioritizing location, services, and smart-home convenience
Our Role
We operate as a boutique investment advisory, not a listing platform.
Our role includes:
Unit selection based on rental vs personal-use intent
BKK1 comparative positioning analysis
Leasing and yield context review
Entry timing and payment structure guidance
Coordination with management and leasing teams where applicable
My listings
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