Le Condé BKK1 is a 43-storey mixed-use building, about 145 meters tall, set in one of Phnom Penh’s most established and in-demand districts. Here’s a simple breakdown of what this project offers.
BKK1 is one of the main commercial, diplomatic, and lifestyle hubs of Phnom Penh. The area sits at the crossroads of several major boulevards and is surrounded by important landmarks in Cambodia’s modern history.
In this district you’ll find more than 36 international banks (including the ABA Bank headquarters), many embassies, the United Nations office in Cambodia (about 200 meters from the project), and many international organizations.
Residents in BKK1 have easy access to international schools (like Harrods International Academy and Raffles Montessori School), hospitals and clinics, supermarkets, a wide range of restaurants (from Western fine dining to Asian street food), cafés, boutiques, and entertainment spots. This mix makes the area practical for both everyday living and running a business.
The Architecture and Design Philosophy
Le Condé BKK1’s design is inspired by the work of Vann Molyvann, one of Cambodia’s most well-known architects and a key figure behind the “New Khmer Architecture” movement in the 1950s and 1960s. His style combined modern architecture (influenced by his training in Paris) with traditional Khmer elements and local climate needs.
He focused on designs that work with Cambodia’s heat and weather, using ideas like raised structures for airflow, perforated panels, and careful use of water and light to keep buildings cooler and more comfortable.
Le Condé BKK1 follows this line of thinking by drawing inspiration from the terraced rice fields of Southeast Asia. The developers describe the concept as “the extension of nature,” aiming to bring more greenery and soft lines into a modern high-rise.
The facade mixes Chinese and Cambodian design elements, creating a contemporary look that still intends to connect with the local setting. Structurally, the building uses reinforced concrete, steel, and glass. Around 40% of the development area is planned for greenery and landscaping, so plants and outdoor spaces are spread throughout the project rather than limited to just one level.
Project Scale and Unit Types
Le Condé BKK1 has 1,080 residential units in total, with a mix of layouts to suit different needs.
Approximate unit sizes are:
- Studios: 37.8 – 41.92 sqm
- 1-Bedroom units: 49.96 – 64.88 sqm
- 2-Bedroom units: 72.67 – 90.96 sqm
- 3-Bedroom units: 166 – 186 sqm
On the 42nd and 43rd floors there are larger, specialized penthouse units ranging from about 878 to 1,068 sqm.
The lower levels of the building also include retail spaces and shophouses, which bring shops, services, and dining options directly into the development.
The property is on a freehold title, which means foreign buyers can own units outright.
Smart Home Technology
One of the key selling points of Le Condé BKK1 is its focus on smart home technology. It’s promoted as Cambodia’s first condominium with full smart home integration, achieved through a partnership with Xiaomi, a major Chinese tech company.
Every unit is fitted with a Xiaomi smart control system. Residents can manage many aspects of their homes via mobile app or voice control.
The system can:
- Adjust air-conditioning temperature
- Control lighting
- Set timers for appliances
- Activate energy-saving modes
All of this runs through a central hub connected to Wi-Fi. The setup can also be linked with extra devices like motion sensors, door and window sensors, temperature monitors, and other compatible smart appliances.
This level of built-in automation is still quite rare in Phnom Penh’s residential market, so it stands out for buyers or tenants who value technology and convenience.
Amenities and Facilities
The facilities at Le Condé BKK1 are spread over several floors, targeting different types of residents, from families to business people to long-term investors.
Recreation and Wellness
- On the 6th floor, there is:
- A 240-meter indoor jogging track
- An indoor swimming pool
- A full fitness center that takes up the entire floor
- There is also a separate outdoor swimming pool and a yoga room.
- The rooftop (44th floor) has an infinity pool and a sky bar with 360-degree views of Phnom Penh’s skyline.
Green Spaces and Social Areas
- The 32nd floor includes a sky garden of about 1,000 sqm.
- This level also offers co-working spaces where residents can work remotely or hold informal meetings.
- The landscaping is designed to feel more like an elevated park than a simple viewing deck.
Family-Friendly Facilities
- On the 15th floor, there is an 800-sqm children’s playground and a small childcare area.
- These spaces are meant for families with young kids who want safe, on-site play and activity areas.
Retail and Dining
- The ground floor zone, branded as “BKK Avenue,” hosts retail shops and restaurants.
- The concept is to bring in well-known brands, including coffee chains, tech showrooms, and luxury boutiques, so residents and visitors can shop and dine without leaving the building.
General Amenities
- 24/7 reception and security
- A boutique reading space
- Parking spread across 7 floors (2 basement levels plus levels 1–5)
- Conference rooms
- Concierge services and room service
- Backup electricity generators to keep power running during outages
Together, these features aim to create a full “live, work, and relax” environment inside one project.
Furnished Units and Pre-Move Setup
All units in Le Condé BKK1 are sold fully furnished. That includes built-in furniture, loose furniture, and fixtures, as well as pre-installed Xiaomi smart home devices and connected appliances.
For buyers or tenants, this means:
- No need to buy basic furniture before moving in
- Smart home features are ready to use from day one
The interiors are designed with modern finishes, open-plan layouts, and large windows to bring in natural light. Colors and materials tend to follow a simple, contemporary style with natural tones, to keep units looking clean and easy to match with personal decor.
Developer, Contractor, and Management
Le Condé BKK1 is developed by Wangfu International Real Estate Development Co., Ltd., a Chinese company focused on overseas real estate projects.
The development is financially supported by Beijing Zhongguancun Construction Co., Ltd., a group with a portfolio of large projects in China and capital reportedly valued at around USD 1.15 billion.
Construction is handled by Sichuan Huaxi Group Co., Ltd., a contractor that has received China’s “Luban Award” multiple times – this is one of the top construction awards in China.
Property management is carried out by Hopetree Japan, a Japanese management company with more than 16 years of experience in luxury developments.
Hopetree’s role includes services such as:
- Concierge support
- In-room cleaning
- Laundry
- Office and business support
- Dining services
- Airport transfers
This style of Japanese-standard property management is still relatively new in Cambodia and is intended to raise the overall service level compared with more typical local management setups.
Completion Status and Timeline
As of November 2025, Le Condé BKK1 is around 90% complete. The building topped out (reached its full height) in October 2023.
Most recent updates suggest that work is now focused on:
- Interior finishing
- Installation of smart home systems
- Finalizing facilities and common areas
Handover to buyers is generally expected sometime by mid-2026. Buyers should always confirm the latest timeline directly with our sales team.
Financial Features for Investors
Le Condé BKK1 offers a Guaranteed Rental Return (GRR) program. The typical structure mentioned is:
- 8% annual return for 3 years
- Total of 24% over the full GRR period
In most cases, a 30% down payment is required, with the remaining payments spread out, and there may be promotional discounts depending on the phase of sales.
Investment Context
On average, property prices in Phnom Penh sit at around $2,200 per sqm, which makes the city more affordable compared with some other regional capitals like Bangkok, Ho Chi Minh City, or Kuala Lumpur.
Within Phnom Penh, BKK1 is one of the most expensive districts in terms of land value, commonly estimated in the range of $5,000–$10,000 per sqm for prime plots. This reflects its central location, established infrastructure, and ongoing demand from both locals and foreigners.
When you combine:
- A central BKK1 location
- Freehold ownership
- A large-scale mixed-use development
- Built-in smart home features
- International-style property management
Le Condé BKK1 stands out as a modern, high-rise option within Phnom Penh’s condo market, largely due to its location. Whether it makes sense for a particular buyer or investor will still depend on their budget, risk comfort, and long-term plans, but it is clearly positioned as a notable project in the city’s central core.
