2024-11-26 UPDATED

USD 14,000 ~ 56,000

Le Conde BKK1

BKK 1 Phnom Penh Cambodia

28.35 ~ 169.38 ㎡   1 ~ 4 Bedrooms

Type of PropertyCondominium / Apartment
AccessA 40-minute drive to Phnom Penh International Airport
Total Levels43-Story
Built in2024
Total Units1080
Immediate Move-inNo
Expected Move In Date February 2025
Size
28.35 ~ 169.38 sqm(㎡) / 305.16 ~ 1823.19 sqf
Land RightsFreehold

+81-120-990-388

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Floor plans

  • Studio A2

    • 28.35㎡
    • 1
  • 1bed B1

    • 42.59㎡
    • 1
  • 2bed C1

    • 54.5㎡
    • 2
  • 3bed D5

    • 74.86㎡
    • 3

Description

【Property Introduction】

This property is the largest project ever undertaken in Phnom Penh, the capital of Cambodia, located in the heart of the prestigious Boeung Keng Kang area.


The Boeung Keng Kang area, often referred to as the "jewel of the capital," serves as Cambodia’s financial hub. It is home to numerous embassies, international companies’ Cambodian offices, and over 36 international banks. This area is known for its high security, as many affluent locals and expatriates reside here.


The property boasts a total of 1,080 units across 43 floors, making it the largest project in Phnom Penh’s history. The shared facilities are exceptionally well-equipped, offering not only standard condominium amenities such as a gym, bar, and rooftop pool, but also a 240-meter jogging track, an 800㎡ kids’ room, and a 1,000㎡ sky garden.


Situated at the center of Phnom Penh's Boeung Keng Kang area, this property is expected to become a new landmark with significant potential for asset value growth.



【Average Yield】

The property offers an average rental yield guarantee of 8% for the first five years following purchase. Afterward, buyers can choose between a 5.6% rental yield guarantee for an additional five years or a 100% buyback guarantee at the original purchase price.


This setup ensures either a minimum return of 140% over five years through rental and buyback guarantees or an average rental yield of 6.8% over ten years, promising high investment returns.



【Surrounding Environment】

Aeon Mall (shopping mall): 5 minutes by car

Located in one of Phnom Penh’s most prime areas, the property is exceptionally convenient, surrounded by bank branches, numerous Japanese restaurants, offices, and educational institutions. Its central location provides excellent access to offices of various multinational corporations and embassies, making it a popular residential area for expatriates and foreign nationals.


【Real Estate Prices or Growth Rates in Surrounding Areas】

Phnom Penh’s population exceeded 2 million in 2023 and is expected to continue growing. With a particularly young population and ongoing urbanization, demand for residential and commercial spaces remains high. By 2035, the population is projected to reach 6 million.


This population growth will increase labor supply and drive demand in the service and manufacturing sectors, further boosting the need for offices and commercial facilities. Additionally, infrastructure improvements and urban development plans are actively underway, supporting the revitalization of the real estate market.


Particularly in Phnom Penh’s central areas and developing zones, new projects are progressing, fueling expectations for future urban expansion.

Developer information

WANG FU GUO JI PROPERTY DEVELOPMENT CO., LTD.

WANG FU GUO JI PROPERTY DEVELOPMENT CO., LTD. is a Chinese capital developer and Le Condé BKK1 is its first project in Cambodia. It is a reputable developer both inside and outside of Cambodia.

Place

+81-120-990-388

上記フォーム内容を送信することにより、
プライバシーポリシー・利用規約についてへ同意したこととなります。