NovLCPP Residence
LCPP Residence Co., Ltd is a Phnom Penh-based local developer behind the Residence L series of urban condominiums. Public material from 2016-2020 links the company to several projects across the capital, while industry directories continued to list its office, website and contact details through at least 2023. Current public corporate disclosure and ownership information remain limited, so buyers should verify the legal entity in the documents for the specific project rather than relying on the Residence L brand alone.
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A company name is not a recommendation. Check the project company, contract and selected unit before reservation.
Overview
LCPP Residence Co., Ltd is a Phnom Penh-based local developer behind the Residence L series of urban condominiums. Public material from 2016-2020 links the company to several projects across the capital, while industry directories continued to list its office, website and contact details through at least 2023. Current public corporate disclosure and ownership information remain limited, so buyers should verify the legal entity in the documents for the specific project rather than relying on the Residence L brand alone.
Track record
LCPP Residence has a longer traceable record than many small Cambodian developers. In 2016, Realestate.com.kh reported that Residence L BKK3 and Residence L Boeung Trabek 2 were being developed by L.C.P.P Residence Co., Ltd. By February 2020, Fresh News and Realestate.com.kh were attributing seven Phnom Penh Residence L projects to the company: Boeung Trabek, Sovann, Olympic, BKK, Boeung Trabek II, Boeung Tompun and Borei Keila. One of the best-documented examples is Residence L Boeung Tompun, which Realestate.com.kh lists at 714 units with completion in 2021; resale activity is still visible in the project in 2026.
Segments and prices
LCPP Residence's publicly documented positioning is mainly affordable to mid-market urban condominiums. When Residence L Boeung Tompun was marketed in 2020, pricing started at roughly US$51,000. In August 2026, asking prices in the completed development start at around US$37,000-42,000 for smaller one-bedroom units, with larger units priced higher. These are current listing prices rather than a single developer price list, so comparisons should account for floor level, titled area, condition, furniture and transfer costs.
Geography
LCPP Residence's verified development footprint is concentrated in Phnom Penh. Public sources link the Residence L series to areas including Boeung Keng Kang, Olympic, Boeung Trabek, Boeung Tompun and Borei Keila, showing activity across several parts of the capital rather than one neighbourhood. The sources reviewed do not establish verified LCPP Residence projects outside Phnom Penh.
Reliability and public record
The company has a genuine public track record: Residence L projects have appeared in property-sector coverage for years, and some now operate as completed buildings with active resale markets. Construction & Property also listed L.C.P.P RESIDENCE CO., LTD. for years in its developer directory with a Street 292 office, corporate email and website. The weaker point is current corporate transparency: the sources reviewed did not provide a fresh registry extract, current leadership details or a verified legal link between LCPP Residence and newer developments using similar branding. The older portfolio is therefore useful evidence of experience, but not a substitute for checking the present seller and the title of the chosen unit.
What to verify
For a specific transaction, obtain a fresh Cambodian Ministry of Commerce extract and match the full LCPP Residence Co., Ltd name against the entity signing the sale agreement and receiving funds. For a completed unit, verify the individual title, encumbrances, registration of the building as co-owned property, completion documentation, current management rules, service charges and the condition of common areas. If a newer development uses the Residence L or similar branding, do not assume that it is legally the same developer without documentary evidence. A foreign buyer should also verify floor level and remaining foreign quota: foreigners may own private units above the ground floor, while aggregate foreign ownership is capped at 70% of the total private-unit floor area.
Projects in the NovAsia catalogue
These are the projects currently shown in the NovAsia catalogue; the list is not a complete corporate portfolio.
Photo: project-specific L Tower One page on Rumavi
Photos: project materialsSources
Sources are named for independent checking. NovAsia does not publish outbound links.
- Realestate.com.kh · Residence L: early Phnom Penh projects · 27.08.2026
- Fresh News Asia · Residence L Boeung Tompun and seven LCPP Residence projects · 27.08.2026
- Realestate.com.kh · Residence L Boeung Tompun project listing · 27.08.2026
- Realestate.com.kh · Residence L Boeung Tompun unit listing — completion, title and current price · 27.08.2026
- CAM Realty Cambodia · Residence L Olympic — developer and built year · 27.08.2026
- Construction & Property Magazine · Developer directory: L.C.P.P RESIDENCE CO., LTD. · 27.08.2026
- Council for the Development of Cambodia · Law on Providing Foreigners with Ownership Rights in Private Units of Co-Owned Buildings · 27.08.2026
- DFDL · Foreign ownership and the 70% condominium rule · 27.08.2026