Phnom Penh’s most prestigious residential district is set to welcome another standout development with the introduction of Le Condé 2 , a 60-storey luxury condominium poised to enhance the skyline of BKK1 (Boeung Keng Kang 1) . Following the successful delivery of Le Condé 1 (Le Condé BKK1) , this highly anticipated project continues the developer’s vision of refined urban living, offering a premium lifestyle combined with strong long-term investment appeal in the city’s most sought-after location.
Strategically positioned on a prominent corner land plot, Le Condé 2 is designed to appeal to discerning homeowners and investors who value centrality, convenience, and architectural presence. As new luxury developments become increasingly limited in BKK1, Le Condé 2 is expected to attract strong attention from both local and international buyers.
Located within Phnom Penh’s most established expatriate and diplomatic enclave, Le Condé 2 offers an exceptional city-living experience surrounded by top-tier amenities. Residents will enjoy immediate access to international schools, embassies, premium office buildings, upscale dining, and lifestyle destinations, making BKK1 one of the capital’s most resilient and high-demand property markets.
Built on a 1,736-square-meter land on Street 352, cornered Street 63, the project benefits from improved airflow, enhanced natural lighting, and open city views. Rising 60 floors above the surrounding neighborhood, Le Condé 2 is designed to make a bold architectural statement while complementing the mature character of the BKK1 district.
Read more: Phnom Penh Area Guide BKK1 – The Capital’s Expat Haven

Le Condé 2 will feature 398 high-end residential units , carefully planned to accommodate a wide range of lifestyle needs. From well-appointed one-bedroom apartments to expansive family-sized homes and exclusive penthouses, the project caters to both owner-occupiers and investors seeking premium rental demand.
Read more: The 2025–2026 Phnom Penh Condo Completion List Buyers Have Been Waiting For

Attention to spatial quality is a defining feature of Le Condé 2. Standard residential floors are designed with 3.2-metre ceiling heights , creating a sense of openness and enhancing natural light penetration. For buyers seeking the highest level of luxury, penthouse units feature even more generous 3.5-metre ceilings , offering an elevated living experience that matches the project’s premium positioning.
These thoughtful design choices not only enhance daily comfort but also contribute to the project’s long-term desirability and resale value.
Le Condé 2 builds upon the success of Le Condé 1 , which officially began handover in March 2025 . The completion of the first phase has reinforced the developer’s reputation for delivering quality construction, functional layouts, and refined interior finishes.
This established track record provides added assurance to buyers considering Le Condé 2, as the project represents a natural evolution toward a more refined and upscale residential offering within the same prime location.
As a pre-sale development , Le Condé 2 presents early buyers with the opportunity to secure units at preferential pricing before full market launch. Pre-sale phases often provide stronger value, wider unit selection, and more flexible payment terms, making this an ideal entry point for both lifestyle buyers and long-term investors.
With few remaining large-scale luxury developments available in BKK1, projects of this caliber are becoming increasingly rare. Le Condé 2 stands out for its combination of location, scale, full furnishing, and proven development background.

Le Condé 2 is more than a residential address, it represents a strategic property asset in one of Phnom Penh’s most stable and desirable districts. Strong rental demand, limited future supply, and BKK1’s enduring appeal position the project well for long-term capital appreciation.
At IPS Cambodia , we assist both local and international buyers throughout every stage of property ownership, from selection to purchase and beyond. If you would like to learn more about pre-sale opportunities at Le Condé 2, BKK1 , contact IPS Cambodia today to secure your preferred unit early.
Over the last decade, Phnom Penh’s skyline has changed dramatically. But if you want to see where the real “new” Phnom Penh is being built, you have to look toward the water. Phnom Penh is one of the few capital cities in the world defined by the meeting of three major rivers: the Mekong, the Tonle Sap, and the Bassac. Historically, these rivers were the lifeblood of trade; today, they are the driving force behind the city’s most prestigious real estate.
The Ministry of Economy and Finance (MEF) recently issued a new notification (dated January 16, 2026) regarding the extension of tax incentives for the real estate sector. Following the recommendations of Prime Minister Hun Manet, this move is designed to alleviate the financial burden on citizens and stimulate growth within the property market through the end of 2026.
Cambodia’s real estate market has seen significant growth and interest from foreign investors. While many prospective buyers begin their journey by asking, “Can foreigners truly own land in Cambodia?”, the reality is that direct freehold ownership for non-nationals is restricted to co-owned buildings (condominiums) above the ground floor. However, since 2019, alternative structures like trusts have offered a safe, legal, and viable pathway to secure landed property.