NovL K Development
L K Development has a limited but identifiable public footprint in Phnom Penh. The company is directly associated with The Elements Condominium in Chak Angrae Kraom: Realestate.com.kh attributes the project to LK Development Co., Ltd., while a 2017 industry report identifies Piseth Seng as CEO of LK Development Group and developer of The Elements. Because the public record uses several variants — L K Development, LK Development Co., Ltd. and LK Development Group — the brand name should not be assumed to be the exact legal entity signing a particular sale contract.
A company name is not a recommendation. Check the project company, contract and selected unit before reservation.
Overview
L K Development has a limited but identifiable public footprint in Phnom Penh. The company is directly associated with The Elements Condominium in Chak Angrae Kraom: Realestate.com.kh attributes the project to LK Development Co., Ltd., while a 2017 industry report identifies Piseth Seng as CEO of LK Development Group and developer of The Elements. Because the public record uses several variants — L K Development, LK Development Co., Ltd. and LK Development Group — the brand name should not be assumed to be the exact legal entity signing a particular sale contract.
Track record
The Elements is the only project that could be tied to this developer with confidence in the public sources reviewed. It is described as an 11-storey mixed-use development combining residential space with commercial, food-and-beverage and retail uses; FazWaz records completion in November 2018. There is also practical evidence that the building was in use: archived Phnom Penh Post records list Level 7 of The Elements Condominium on Hun Sen Boulevard as the newspaper's address. The reviewed sources do not establish a broader completed portfolio for LK Development.
Segments and prices
L K Development's publicly documented segment is an urban mixed-use condominium rather than a large multi-project residential pipeline. Public profiles of The Elements describe a relatively compact 11-storey scheme combining homes with commercial amenities. No current primary-market price list issued by the developer and verified for August 2026 was found, so historical asking prices and present-day resale listings should not be presented as the developer's current pricing.
Geography
The company's publicly verified geography is concentrated in Phnom Penh. The Elements is located in Chak Angrae Kraom, Mean Chey, along Hun Sen Boulevard; that location is supported both by project records and by archived Phnom Penh Post contact details showing the newspaper operating from the building. No other city or district could be tied to L K Development's development activity with the same level of confidence in the sources reviewed.
Reliability and public record
The existence and documented use of The Elements gives L K Development a more substantive public record than a project vehicle known only from a marketing page. One completed development, however, is not enough to assign a general reliability label: the reviewed sources do not provide a recent official corporate profile, independently verified current developer-licence status or a transparent list of additional completed projects. A buyer can treat The Elements as evidence of execution history while still re-checking the seller's legal status and authority for the current transaction.
What to verify
For L K Development, the first issue to resolve is the exact legal entity. Public sources use L K Development, LK Development Co., Ltd. and LK Development Group, so before payment a buyer should obtain a current corporate extract, the applicable development or business licence, and evidence that the company named in the contract is legally entitled to sell the chosen property. For a unit in The Elements, verify the individual title, the building and underlying land records, encumbrances, co-ownership rules and the actual recipient of funds. A foreign buyer should separately confirm that the exact unit is on an eligible floor and remains within the foreign-ownership quota: Cambodian law allows qualifying foreigners to own private units in properly registered co-owned buildings above the ground floor, subject to a 70% cap by total private-unit floor area. If the purchase is a resale in an already completed building, current ownership and the title-transfer chain matter more than the developer's historical marketing material.
Projects in the NovAsia catalogue
This list is assembled from the project registry by the developer identifier; it is not a claim of a complete corporate portfolio.
Photo: public Google/Wanderlog place listing for The Elements CondominiumFrequently asked questions
Which project is publicly confirmed for L K Development?
The Elements Condominium in Chak Angrae Kraom, Phnom Penh. Realestate.com.kh links it to LK Development Co., Ltd., while a 2017 Cambodia Real Estate Show report separately identifies LK Development Group as the developer of The Elements.
Is The Elements a completed project?
FazWaz records completion in November 2018, and archived Phnom Penh Post records show the newspaper operating from The Elements Condominium. Those are meaningful signs that the building was in use, but a transaction still requires verification of the exact unit and its title.
Why does the developer's name appear differently across sources?
Public material uses L K Development, LK Development Co., Ltd. and LK Development Group. Those labels may refer to a brand, a company or a group designation, so the exact contracting entity should be established from the agreement and corporate records rather than from a portal name alone.
Can a foreign buyer own a unit in The Elements in their own name?
Potentially, but only if the exact unit satisfies Cambodia's co-ownership rules: it is above the ground floor, has or can receive a valid individual title, and remains available within the building's foreign-ownership quota. Eligibility must be checked for the specific unit at the time of purchase.
Sources
Sources are named for independent checking. NovAsia does not publish outbound links.
- Realestate.com.kh · The Elements Condominium — developer attribution, project type and location · 27.08.2026
- Realestate.com.kh · Huge sales recorded at the inaugural Cambodia Real Estate Show — Piseth Seng and LK Development Group identified with The Elements · 27.08.2026
- FazWaz Cambodia · The Elements Condominium — 11-storey mixed-use description, Chak Angrae Kraom location and reported November 2018 completion · 27.08.2026
- Open Development Cambodia / Phnom Penh Post · Archived Phnom Penh Post record — newsroom address at Level 7, The Elements Condominium, Hun Sen Boulevard · 27.08.2026
- Council for the Development of Cambodia · Law on Providing Foreigners with Ownership Rights in Private Units of Co-Owned Buildings — foreign ownership framework · 27.08.2026