About This Development
Le Conde BKK1 Phnom Penh is a completed 43-storey luxury condominium in BKK1 by Wang Fu Guo Ji with Hopetree Japan management. ~1,100 units including residential, retail, and penthouses. Foreign ownership eligible (strata title).
Project Overview
Location and building details are based on developer and public sources. Pricing and availability vary by unit and should be confirmed in writing.
Le Conde BKK1 was completed in 2024. This eliminates construction delay risk – you can inspect the unit, verify build quality, meet management, and begin renting once ownership transfer, furnishing and management setup are complete. Ready units available for viewing.
Competitive resale pricing in BKK1 – Phnom Penh’s most established expatriate district
Le Conde BKK1 is a 43-storey completed luxury condominium in Boeung Keng Kang 1 (BKK1), Phnom Penh’s most prestigious expatriate district. Developed by Wang Fu Guo Ji Property Development Co., Ltd and managed by Hopetree Japan, this foreign ownership eligible project (strata title) offers ~1,100 units including residential condos, retail, and penthouses. At ~$2,000-2,500/sqm with resale studios from ~$70,000 and indicative yields of 5-7%, Le Conde targets investors seeking BKK1 premium positioning with established rental demand, Japanese management standards, and zero construction risk.
Who rents here: Expatriate professionals, embassy staff, NGO workers, corporate tenants, regional business travelers.
Deal Pack (Verified Docs) – click to view what you receive
- Current availability + pricing (by stack and floor)
- Purchase process (ready unit flow)
- Rental comps + yield analysis (BKK1 comparables)
- Floor plans and unit layouts (studio to penthouse)
- Foreign ownership eligibility summary (strata/hard title)
- Service charge + costs breakdown
- SPA checklist (what to confirm with lawyer)
- 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: 43-Storey Luxury Condominium
Le Conde BKK1 features extensive amenities across multiple dedicated floors: ground-floor retail (BKK Avenue), Level 6 fitness and pools, Level 15 kids zone, Level 32 sky garden and co-working, and rooftop infinity pool with sky bar.
Wellness & Recreation
Building Services
Why BKK1? Phnom Penh’s Most Prestigious District
BKK1 (Boeung Keng Kang 1) is Phnom Penh’s most established expatriate district and the centerpoint of the international community. Le Conde BKK1 sits on Street 352, at the crossroads of several major boulevards, surrounded by embassies, international schools, premium dining, and lifestyle amenities. Properties in BKK1 consistently outperform surrounding districts in rental demand and tenant quality.
Character: Prime expatriate district, embassy quarter
Appeal: Walkable, cafes, international restaurants, embassies
Connectivity: Central location, easy CBD access
Tenant base: Expats, embassy staff, NGO workers, corporate
Location Map
Le Conde BKK1 is located on Street 352, Sangkat Boeung Keng Kang 1, Khan Boeng Keng Kang, Phnom Penh – in the heart of the expatriate district.
Area map (BKK1). Request the exact building pin for precise location.
Developer & Management
Le Conde BKK1 is developed by Wang Fu Guo Ji Property Development Co., Ltd with professional building management by Hopetree Japan.
Wang Fu Guo Ji – Developer
Hopetree Japan – Building Management
Annual Holding Costs
Understanding your ongoing costs is essential for accurate yield calculations. Here’s what to budget for Le Conde BKK1:
Indicative ranges – confirm actual service charge and sinking fund figures before purchase.
Unit Types & Pricing
Le Conde BKK1 offers studio to penthouse layouts ranging from approximately 28sqm to 880sqm. All units feature smart home integration (Xiaomi system), fully furnished interiors, and floor-to-ceiling glazing with city views.
Unit Type Details
| Type | Beds | Size (Net) | Indicative Price | Target Tenant |
|---|---|---|---|---|
| Studio | Studio | ~28-38sqm | From ~$70k | Singles, young professionals |
| 1-Bed | 1 Bed | ~45-65sqm | From ~$100k | Couples, professionals |
| 2-Bed | 2 Bed | ~80-120sqm | From ~$180k | Families, sharers |
| 3-Bed | 3 Bed | ~130-180sqm | From ~$300k | Large families |
| Penthouse | 4-6 Bed | ~300-880sqm | From ~$800k | UHNW, diplomats |
Note: Higher floors command premium pricing but also stronger rental and resale appeal. Request current availability for confirmed figures.
Rental & Yields
BKK1 maintains stable rents and high occupancy across market cycles due to consistent expatriate demand. Le Conde benefits from Japanese management standards which support tenant retention.
Gross rent (studio BKK1): ~$400-550/month
Annual gross rent: ~$4,800-6,600
Purchase price: ~$70k-95k
Indicative gross yield: ~5-7%
Net yield lower after management fees, service charge, and voids. Actual rents depend on floor, furnishing, and market conditions.
Tenant Profile
Standard leases are 12 months with 1-2 months deposit. Expatriate tenants often renew if not relocating.
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
BKK1 prime, completed building, Japanese management
Strong growth, but leasehold and price premium
Historic benchmark ranges for prime new-builds (2024 data). Returns vary by unit type, rent achieved, and occupancy.
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:
BKK1 prime location with established tenant demand | Completed building (no construction risk) | Japanese management standards | Competitive yields (5-7% indicative gross) | Studio entry point (~$70k) | Immediate rental income potential
This may not suit investors who:
Want off-plan pricing discounts | Prefer newer buildings | Seeking emerging location appreciation plays | Want boutique low-density buildings | Are uncomfortable with large-scale developments
Risk & Mitigations
Building completed in 2024. You can inspect units, verify build quality, and meet management before purchase.
~1,100 units means more supply. However, BKK1 location and Japanese management support differentiation.
Not off-plan pricing. Confirm current availability and compare with market alternatives.
Confirm service charge and management fees before purchase. See taxes & fees guide
Frequently Asked Questions
Can foreigners buy at Le Conde BKK1?
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 is the estimated rental yield?
Indicative gross yields of 5-7% based on BKK1 rental comparables. Net yields lower after management fees, service charge, and voids. Actual yields depend on unit type, floor, furnishing, and market conditions.
Is Le Conde BKK1 completed?
Yes. Le Conde BKK1 was completed in 2024. This eliminates construction risk – you can inspect units, verify build quality, meet management, and begin renting once ownership transfer, furnishing and management setup are complete.
Who manages the building?
Hopetree Japan provides professional building management with Japanese service standards. This includes concierge services, maintenance, security, and amenity management.
How do I exit/sell my investment?
You can sell to other foreigners or Cambodians. BKK1 has strong resale demand due to consistent expatriate tenant base. See our exit strategy guide.
Exit Strategy Options
Investor Essentials (Foreign Buyers)
Explore Similar Projects
Important Disclaimers
- Prices: Indicative resale pricing – varies by unit and availability.
- Yields: Gross estimates. Net lower after management, service charge, voids.
- Status: Completed 2024 – ready for inspection and purchase.
- Foreign ownership: Per 2010 law, subject to quota.
- Management: Hopetree Japan – confirm current service charge.
- Due diligence: Independent advice recommended.
Last verified: 2026-01-13. Subject to change.
Ready to Invest in Le Conde BKK1?
Completed luxury condo in BKK1’s prime expatriate district with Japanese management. Get current availability, pricing, and answers to your questions.
Development Details
| Developer | Wang Fu Guo Ji Property Development Co. |
| Property Type | Apartment |
| Location | BKK1 (Boeung Keng Kang 1) |
| Total Units | 1,080 |
| Price Range | $88,000 - $4,400,000 |
| Expected Completion | Q4 2025 |
| Current Status | Completed |
| Posted Date | November 21, 2025 |
| Development ID | #231 |
