Le Conde

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.

Developer and 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

Location and 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

Amenities

Le Condé BKK1 redefines urban living with thoughtfully curated amenities across multiple levels, from retail spaces and a reading lounge at ground level to a jogging track and fully equipped gym. Family-friendly features include a dedicated kids’ area, while elevated experiences unfold through a sky garden and panoramic sky bar at higher floors. Each level is designed with purpose, creating a layered living environment that blends convenience, wellness, and leisure.

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