About This Development
Royal Platinum Condominium | 30-Storey Toul Kork Condo
Royal Platinum Condominium Toul Kork – price, rental yield, and foreign ownership guide. Off-plan condo Phnom Penh: large-scale 30-storey X-shaped tower in Boeung Kak 1 by Royal Hong Lai Huat (Royal Group + Hong Lai Huat JV). 851 residential units plus 50 shophouses, from studio to penthouse. Foreign ownership eligible condo Cambodia (strata title). Expected completion: 2025 (confirm in writing).
Project Overview
Pricing, yields, and availability are indicative and should be confirmed with management in writing.
Royal Platinum Condominium is one of Toul Kork’s largest residential developments – a 30-storey X-shaped tower with 851 units plus 50 shophouses. Developed as a joint venture between Royal Group (Cambodia) and Hong Lai Huat (Singapore), designed by Swan & Maclaren, the project emphasizes investor-friendly smaller units (studios and 1-beds) alongside family layouts and penthouses. At ~$2,500/sqm, pricing sits competitively against BKK1 while offering strong amenities and Toul Kork’s lifestyle convenience. Foreign ownership eligible (strata title). Expected completion: 2025 (confirm in writing).
Who rents here: Professionals, expatriates, students from nearby international schools, and local families seeking high-rise convenience.
Deal Pack (Verified Docs) – click to view what you’ll receive (no obligation)
- Current availability + indicative pricing (no obligation)
- Floor plans for available units
- Rental comparables for Toul Kork condos
- Payment terms summary (if applicable)
- Foreign ownership eligibility confirmation (strata title)
- SPA checklist (what to confirm with your lawyer)
- Within 24 hours: Full deal pack sent to your email.
- Within 48 hours: Team follow-up to answer questions.
- No pressure: Take your time to review.
Amenities (7th Floor Deck)
Royal Platinum features an extensive amenity deck on the 7th floor, exceeding many mid-market Toul Kork developments.
Wellness & Recreation
Lifestyle & Entertainment
Building Services
Why Toul Kork / Boeung Kak 1?
Toul Kork condo investment benefits from a well-established residential district north of central Phnom Penh, known for its high concentration of international schools, everyday services, and local dining options. Royal Platinum sits near the junction of Street 337 and Street 335 in Boeung Kak 1 – a “Toul Kork lifestyle” pocket with strong rental demand from professionals and families.
Tenant profile: Professionals, expatriates, students, local families
Rental demand: Strong and consistent; lower vacancy than central core
Key draws: International schools, malls, lower density, lifestyle convenience
Connectivity: Good access to airport and major highways
Location Map
Approximate area map (Boeung Kak 1, Toul Kork). Exact building pin provided on request.
Developer: Royal Hong Lai Huat
Royal Platinum is a joint venture between Royal Group (Cambodia’s largest conglomerate) and Hong Lai Huat (a Singapore-based developer). The project was designed by Swan & Maclaren (Singapore) with an X-shaped building concept to maximize views and corner exposures. This partnership combines local market knowledge with international construction standards.
Annual Holding Costs
Figures are indicative and should be confirmed with building management in writing.
Unit Types & Prices (Royal Platinum Condominium)
Royal Platinum offers a wide range of unit types from studio to penthouse, with heavy emphasis on investor-friendly smaller layouts. All sizes are gross area.
Unit Specifications & Pricing
| Type | Size (Gross) | Indicative Price | $/sqm |
|---|---|---|---|
| Studio | ~50-52sqm | ~$126,000 | ~$2,500 |
| 1 Bedroom | ~68-70sqm | ~$173,000 | ~$2,500 |
| 2 Bedroom | ~111-118sqm | ~$200,000-286,000 | ~$1,800-2,500 |
| 3 Bedroom | ~134sqm+ | ~$330,000+ | ~$2,400+ |
| Penthouse | Varies | ~$490,000+ | Premium |
Note: Prices are indicative and may vary by floor, view, and availability. 50+ shophouses also available at different price points.
Rental Yield (Toul Kork) + Net Yield Notes
Royal Platinum targets the strong Toul Kork rental market, with smaller units (studios and 1-beds) typically achieving the highest yields due to consistent demand from professionals and students.
How to model (1-Bed ~70sqm example):
Purchase price: Confirm current asking
Monthly rent: Check Toul Kork comps for similar units
Annual gross rent: Monthly × 12
Indicative gross yield: Annual rent ÷ purchase price
Net yield lower after holding costs, voids, and management fees. Studios and 1-beds tend to outperform larger units on yield. Model conservatively and confirm all assumptions in writing.
Can Foreigners Own This?
Yes. Foreign ownership via strata title (hard title) is available under Cambodia’s 2010 Foreign Ownership Law. Units from the first floor upward are eligible, subject to the 70% foreign quota. Ground floor and basement restricted to Cambodian nationals.
Ownership type: Strata title (hard title) – genuine ownership
Eligible floors: First floor and above
Foreign quota: Max 70% of building
Requirements: Valid passport
Transfer: Can sell, inherit, or transfer
Learn more: Foreign Ownership Guide · Strata Title Explained
Is This Right For You?
✓ This suits investors who want:
Strong rental yields in established district · Late-stage construction (reduced vs early off-plan risk) · Large-scale development with full amenities · Affordable entry point (~$126k studio) · Diverse unit types for portfolio flexibility · Singapore JV developer backing · Toul Kork lifestyle location near schools and malls
✗ This may not suit investors who:
Prefer boutique low-density buildings · Want central BKK1 location · Seek ultra-luxury positioning · Prefer smaller developments with fewer units · Are concerned about high unit count competition · Want waterfront or river views
Risk & Mitigations
→ 851 units means potential internal competition for tenants. Mitigated by strong Toul Kork rental demand and diverse unit mix.
→ Large developments require strong management. Verify service levels and maintenance standards before purchase.
→ New developments in Toul Kork may impact rents. Focus on quality units and competitive pricing.
→ Independent lawyer review recommended before signing SPA
→ See our taxes & fees guide
Frequently Asked Questions
Can foreigners buy at Royal Platinum Condominium?
Yes. Foreigners can purchase strata title (hard title) units from the first floor upward under Cambodia’s 2010 Foreign Ownership Law, subject to the 70% foreign quota. Learn more about strata title ownership.
Is Royal Platinum Condominium completed?
Expected completion is widely reported as 2025. Confirm the current handover status and any occupancy/management arrangements in writing before committing funds. This reduces early-stage construction risk vs buying much earlier in the development cycle. See our banking guide for transfer information.
What’s the estimated rental yield?
Indicative gross yields vary by unit type, floor level, furnishing, and pricing. Studios and 1-beds typically achieve higher yields in Toul Kork due to strong rental demand. Model conservatively and confirm achievable rents with comparable units. Net yields are lower after holding costs. See our rental management guide.
Which units rent best?
Studios and 1-bedroom units are typically the highest turnover investment units with strongest yields. 2-bedrooms also perform well for sharers and small families. Penthouses target a more niche market.
Is Toul Kork a strong investment area?
Yes. Toul Kork is a mature residential district with good infrastructure, established amenities, and strong rental support from professionals, expatriates, and students. Lower density than central areas while maintaining connectivity. See our Toul Kork guide.
Is the retail/shophouse component beneficial?
Yes. Integrated retail adds lifestyle convenience, enhances rental appeal, and supports property values through mixed-use benefits. 50 shophouses are part of the development.
Exit Strategy Options
Investor Essentials (Foreign Buyers)
Explore Similar Projects
Important Disclaimers
- Prices: Indicative figures, subject to availability and confirmation.
- Yields: Indicative modelling only; confirm achievable rents with Toul Kork comps.
- Status: Expected completion 2025 (confirm handover status in writing).
- Foreign ownership: Per 2010 law, subject to 70% quota.
- Due diligence: Independent legal advice recommended before purchase.
Last updated: 2026-01-14. All figures should be confirmed in writing.
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Large-scale Toul Kork condo with strong rental potential. Get availability, pricing, and answers to your questions.
Development Details
| Developer | Royal Hong Lai Huat One Co. Ltd |
| Property Type | Apartment |
| Location | Phnom Penh |
| Total Units | 850 |
| Price Range | $100,000 - $600,000 |
| Expected Completion | Q2 2024 |
| Current Status | Ready |
| Posted Date | November 24, 2025 |
| Development ID | #282 |
