About This Development
The Flora Suites Phnom Penh is a completed boutique condo in BKK1, Phnom Penh’s prime expatriate district. ~167 low-density units from studio to 3-bed (35-167sqm). Hotel-style services with Mercure (Accor brand) (confirm scope in writing). Foreign ownership eligible (strata title).
Project Overview
Pricing and availability subject to change. Request current price list for confirmed figures.
The Flora Suites is a 38-storey completed boutique condo in BKK1 – Phnom Penh’s most established expatriate district. This foreign ownership eligible project (strata title / hard title) offers ~167 low-density units with hotel-style services alongside Mercure (Accor brand). At ~$2,400-3,000/sqm with studios from ~$85,000, The Flora Suites targets expatriates, professionals, and investors seeking proven BKK1 rental demand with immediate income potential.
Who rents here: Embassy staff, NGO workers, corporate relocations, international school families, long-stay professionals.
Deal Pack (Verified Docs) – click to view what you’ll receive
- Current price list + availability (by unit type and floor)
- Payment terms (completed – full payment or financing options)
- Rental comps + yield analysis (BKK1 boutique comparables)
- Floor plans and unit layouts (studio to 3-bed)
- Foreign ownership eligibility summary (strata/hard title)
- Mercure hotel services details (terms and scope)
- Within 2-4 hours: Full deal pack sent to your email.
- Within 24 hours: Team follow-up to answer questions.
- No pressure: Take your time reviewing.
Amenities
The Flora Suites offers an extensive amenities stack for a boutique-scale building, with hotel-style services alongside Mercure (Accor brand). Confirm current service arrangements in writing.
Wellness & Recreation
Building Services
Why BKK1?
BKK1 (Boeung Keng Kang 1) is Phnom Penh’s most established expatriate and high-income residential district. Located in Khan Chamkar Mon, it’s the benchmark central location for walkability, international-standard services, and premium rental demand. The Flora Suites sits at the corner of Street 71 and Street 392 – right in the heart of the “golden” BKK1 area.
Tenant profile: Embassy staff, NGO workers, international professionals
Rental demand: Highest in Phnom Penh
Key draws: Diplomatic Quarter, international restaurants, walkable lifestyle
Connectivity: Central location, easy access to airport and CBD
Location Map
Approximate area map (BKK1). Request the exact developer pin and frontage details.
Approximate area map.
Developer & Hotel Partner
The Flora Suites is developed by The Flora Group, with hotel-style services alongside Mercure (Accor brand). Verify partnership scope and terms in writing before purchase.
Annual Holding Costs
Understanding ongoing costs is essential for accurate yield calculations.
Unit Types & Pricing
The Flora Suites offers studio to 3-bedroom layouts ranging from 35sqm to 167sqm. Boutique low-density with ~167 units across 38 floors.
Unit Type Details
| Type | Beds | Size | Price | Target Tenant |
|---|---|---|---|---|
| Studio | Studio | ~35-40sqm | From ~$85k | Professionals, investors |
| 1-Bed | 1 Bed | ~50-65sqm | From ~$120k | NGO staff, expats |
| 2-Bed | 2 Bed | ~85-110sqm | From ~$200k | Couples, families |
| 3-Bed | 3 Bed | ~140-167sqm | From ~$350k | Executive families |
Note: Prices vary by floor and availability. Request official price list for confirmed figures.
Rental & Yields
BKK1 has Phnom Penh’s strongest and most consistent expatriate rental demand. The Flora Suites’ boutique positioning and hotel-style services may command a premium in the rental market.
Gross rent (1-bed BKK1): ~$550-700/month
Annual gross rent: ~$6.6-8.4k
Purchase price: ~$120k-150k
Indicative gross yield: ~4-6%
Net yield lower after costs. Actual rents depend on floor, furnishing, and market conditions. Hotel services program terms apply separately.
Regional Comparison: Why Cambodia?
Cambodia remains one of Southeast Asia’s most undervalued property markets. Phnom Penh entry prices can be materially lower than neighbouring capitals, while indicative gross yields can be higher than some regional markets. Read: Why Cambodia for freehold investment
Mature market, lower yields, higher entry barrier
Boutique BKK1, completed, lowest entry point
Strong growth, but leasehold and price premium
Historic benchmark ranges for prime CBD new-builds (2024 data). Emerging markets carry higher risk – conduct independent due diligence.
Can Foreigners Own This?
Yes. Foreign ownership in Cambodia (strata title) is available under the 2010 Foreign Ownership Law. Units from the first floor upward are eligible, subject to the 70% foreign quota.
Ownership type: Strata title (hard title) – genuine ownership
Eligible floors: First floor and above
Foreign quota: Up to 70% of building
Requirements: Valid passport
Transfer: Can sell, inherit, or transfer
Learn more: Foreign Buyer Guides · Strata Title Explained
Is This Right For You?
✓ This suits investors who want:
Completed project (no construction risk) · Immediate rental income · BKK1’s proven tenant demand · Hotel-style services (Mercure) · Low entry point from ~$85k · Boutique low-density living
✗ This may not suit investors who:
Want highest yields (emerging districts may offer more) · Prefer off-plan discounts · Need mortgage financing · Prioritize capital growth over income
Risk & Mitigations
→ Confirm hotel services scope, fees, and obligations in writing before purchase
→ Conservative projections based on BKK1 comps + 1-month void assumption
→ BKK1 has strongest resale demand in Phnom Penh + realistic 3-6 month timeline
→ See our taxes & fees guide
Frequently Asked Questions
Can foreigners buy at The Flora Suites?
Yes. Foreigners can purchase strata title units under Cambodia’s 2010 Foreign Ownership Law. Units from the first floor upward are eligible, subject to the 70% foreign quota. Learn more about strata title ownership.
What’s the estimated rental yield?
Indicative gross yields of 4-6% based on BKK1 boutique comparables. Actual yields depend on unit type, floor, furnishing, and market conditions. See our rental management guide for more details.
What is the Mercure hotel services program?
The Flora Suites offers a hotel services program with Mercure (Accor brand) named as operator. Terms, returns, and contract scope should be confirmed in writing before purchase.
How do I manage the property remotely?
Most investors use local property management companies (8-12% of rent). We can recommend trusted partners. Read our property management guide for what to expect.
How do I exit/sell my investment?
You can sell to other foreigners or Cambodians. BKK1 has the strongest resale market in Phnom Penh. See our exit strategy guide for liquidity factors.
Exit Strategy Options
Investor Essentials (Foreign Buyers)
Explore Similar Projects
Important Disclaimers
- Prices: Indicative and subject to change.
- Yields: Gross estimates. Net lower after costs.
- Foreign ownership: Per 2010 law, subject to quota.
- Mercure services: Confirm terms in writing before purchase.
- Due diligence: Independent advice recommended.
Last verified: 2026-01-13.
Ready to Invest in The Flora Suites?
Secure your unit in this completed BKK1 boutique condo. Immediate rental income potential, hotel-style services with Mercure, and genuine strata title ownership. Get pricing, availability, and answers to your questions.
Development Details
| Developer | The Flora Group |
| Property Type | Apartment |
| Location | BKK1 (Boeung Keng Kang 1) |
| Total Units | 200 |
| Price Range | $85,000 - $600,000 |
| Expected Completion | Q4 2025 |
| Current Status | Ready |
| Posted Date | November 24, 2025 |
| Development ID | #286 |
