Le Condé 2

The published unit programme is notably larger than Phnom Penh’s entry-level condominium stock. CAM Realty lists one to five-bedroom homes: the one-bedroom at 72.94 sqm gross and 55.69 sqm net; two-bedroom homes at 104.76–116.58 sqm gross; three-bedroom homes at 151.66–157.39 sqm gross; four-bedroom homes at 210.94–261.67 sqm gross; and five-bedroom residences at 360.21–369.41 sqm gross. Even the smallest format is conceived as a full apartment rather than a micro-unit. That raises the minimum capital requirement, but it also supports more practical layouts for long stays, including proper dining, storage and working space. Gross and net areas must be compared carefully because the difference is material across the range.

Public materials organise the residential levels into four named collections: Romduol on Floors 8–16, Angkor on 18–31, Preah Vihear on 33–50 and Devaraja on 52–61. Facility floors are inserted between those bands. The concept is to distribute shared spaces vertically instead of concentrating every amenity in the podium or on the roof. It also exposes an unresolved documentation issue. Some sources call the building a 60-storey tower, others say 63 storeys, and the published collection schedule extends to Floor 61 while a promotional stack diagram refers to Levels 62–63. Until an approved building schedule is available, a single floor-count claim would be misleading.

The proposed amenity package is extensive for a single residential tower. Project profiles refer to more than 8,000 sqm of shared facilities, a 240-metre jogging track, an approximately 1,000 sqm sky garden, an infinity pool, gym, sauna, steam room, jacuzzi, digital golf room, children’s centre, conference facilities, co-working areas, reading space, café and an in-building supermarket. This could give residents a broad range of daily functions without leaving the property. It is still a pre-sale specification, not a completed operating environment. Buyers should confirm the final amenity list, dimensions, access rules, service charges and any paid areas in the contractual drawings and SPA appendices rather than relying on renderings alone.

Delivery specifications also require clarification. IPS and CambodiaProperty.asia describe fully furnished homes with fitted kitchens, ovens, island counters and central air-conditioning. CAM Realty’s general project profile also uses the wording basic furniture or partly furnished. That difference can materially change the real acquisition cost. Loose furniture, appliances, curtains, lighting, smart-home hardware and sanitary fixtures may be included, substituted or shown only in a display specification. The safest approach is to obtain the schedule for the exact unit type and make sure it forms part of the sale documentation rather than remaining a separate marketing brochure.

The location is both the project’s clearest strength and its most obvious trade-off. The Street 352 and Street 63 intersection lies within Sangkat Boeng Keng Kang 1, Khan Boeng Keng Kang, one of Phnom Penh’s established central neighbourhoods. The value is urban convenience: restaurants, cafés, offices, embassies and international services are embedded in the surrounding grid. This is not a secluded resort environment. Traffic, noise, limited street space and the cost of operating a large apartment are part of the package. Building management, parking circulation, lift performance and residential-commercial separation will be central to the lived experience.

Le Condé 2 is priced above the mass market. Rumavi currently displays a range of $158,056–771,934; CAM Realty lists an entry point around $160,000 and $2,200 per gross square metre; CambodiaProperty.asia also advertises $2,200/sqm. NovAsia therefore uses $158,056 as a dated lower market reference, not as a promise that a matching unit remains available. At a pre-sale stage, pricing may vary by collection, level, orientation, layout, payment structure and temporary campaign. A meaningful quote must be tied to an identified unit, official price sheet, floor plan and written payment schedule.

The project is not a universal fit. It makes more sense for buyers seeking a larger new-build home in BKK1, modern building systems and a substantial internal amenity programme. It is less straightforward for a low budget, immediate occupancy or a strategy based on buying the smallest possible unit and renting it straight away. Construction remains ahead, the entry format is relatively large, and published handover dates range from 2029 to December 2030. Those factors do not determine the outcome, but they change the due-diligence burden and the amount of time capital may remain committed before use or rental income begins.

A disciplined way to assess Le Condé 2 is to treat it as a package of future contractual obligations rather than a finished building. The buyer is acquiring a defined unit, specification, share of common property and delivery commitment. Render quality and a headline price per square metre are only the starting point. The file should include the unit number, level, orientation, gross and net area, furniture schedule, parking rights, management fee, sinking fund, assignment rules, title wording and construction milestones. The more of this is fixed in the signed documents, the less room remains for the final product to diverge from the sales concept.

Operating costs deserve a separate review. CAM Realty publishes a management-fee reference of $1.5–2.5 per square metre per month while leaving the sinking fund unconfirmed. For a large apartment, even a modest difference in the rate has a visible annual impact. Buyers should establish which area forms the fee base, what services are included, whether parking or selected facilities carry separate charges, how the reserve fund is collected and who will operate the building. These costs sit outside the headline purchase price and should not be assumed from Phase 1 without written confirmation for Le Condé 2.