Le Condé BKK1 is a completed 43-storey mixed-use tower in Boeung Keng Kang 1, Phnom Penh’s most established residential and business district. Developed by Wangfu International Real Estate Development and holding roughly 1,080 units, the tower listed at about 84% sold — strong absorption for a building of this scale. Day-to-day operations are handled by Hopetree Japan, which runs the property to Japanese service standards with concierge support — a management layer that matters directly to owners renting to executive tenants.

The unit spectrum is unusually wide — from 28 m² studios to premium residences of up to 879 m² — all delivered with a modern finish and an integrated smart-home system. The architecture nods to Cambodian modernist Vann Molyvann and Southeast Asian landscape traditions, and amenities are layered through the tower: ground-floor retail and a reading lounge, a jogging track and fully equipped gym with yoga room, a children’s area, and higher up a sky garden and panoramic sky bar.

The investment case is prime-district liquidity rather than frontier growth. Listing yields stand at 8% gross and 7% net; ownership is on hard title; and because the building is complete, an owner can furnish and lease immediately into BKK1’s deep tenant pool of diplomats, corporate staff and long-stay professionals. For buyers who want central Phnom Penh exposure with the construction risk already retired, US$107,000 is an accessible entry point to the district.