Wang Fu Guo Ji
Beijing-backed developer of Le Condé BKK1 — the tallest residential tower in BKK1 (145m, 43 floors), Cambodia's first Xiaomi smart home condo. 90% sold, from $94,538.
Le Condé 2 (Phase II) is pre-sale — pricing is indicative
Le Condé 2, a 60-storey, 398-unit BKK1 tower, was officially unveiled in early 2026 and is in active pre-sale. Indicative pricing starts from around $121,000 ($2,424–$3,500/sqm per third-party agents), but final unit pricing, the Guaranteed Rental Return offer and the handover timeline have not yet been officially confirmed by the developer. Treat all Le Condé 2 figures as indicative until official release.
Note on corporate transparency
There is no standalone corporate developer website (leconde.com is the Le Condé BKK1 project site), no founder or named CEO confirmed in public sources, and the China-side parent-company structure is not publicly confirmed. Both confirmed Cambodia projects are concentrated in BKK1. None of this affects the completed Le Condé BKK1 product, but buyers should weigh the corporate-opacity and single-district concentration when assessing the developer.
អំពី Wang Fu Guo Ji
Wang Fu Guo Ji Property Development Co., Ltd. (also known as Wangfu Guoji / Wangfu International Real Estate Development Co., Ltd.) is a Beijing-origin Chinese real estate developer that describes itself as "one of the pioneer developers of Chinese capital entering the international real estate development field." It entered Cambodia as part of a strategic expansion into Southeast Asia, focusing exclusively on luxury and upper-mid condominium development in Phnom Penh's most prestigious residential district, BKK1.
Its flagship project, Le Condé BKK1, was launched circa 2020 with investment from Beijing Zhongguancun Construction Co., Ltd. and construction by Sichuan Huaxi Group Co., Ltd. — a six-time winner of the Luban Award, China's highest construction honour. The tower broke ground in July 2020 during the COVID-19 pandemic, reached the BKK1 tallest-residential-tower milestone at 145 metres and 43 floors, topped out in October 2023, and began handover in March 2025. Le Condé BKK1 is Cambodia's first fully integrated Xiaomi smart home condominium and is managed by HopeTree Japan under a five-star concierge model. By May 2025, 90% of its 1,080 units were sold.
The project swept the Cambodia Real Estate Awards 2023 — winning Condominium Development of the Year, Condominium Developer of the Year, and Premium Condominium of the Year — and won Best Serviced Apartment Development at the 5th PropertyGuru Cambodia Property Awards 2020. It carries a Royal Brand Ambassador endorsement from H.R.H. Princess Norodom Soriya. The developer's second project, Le Condé 2 (60 storeys, 398 units, BKK1), was unveiled in early 2026 and is now in pre-sale.
- Le Condé BKK1 is the tallest residential tower in BKK1 — 145m, 43 floors, on a 3,029 sqm prime BKK1 site
- Cambodia's first fully integrated Xiaomi smart home condominium (all units — temperature, lighting, energy management)
- Most award-decorated Chinese developer in Cambodia: 3× Cambodia Real Estate Awards 2023 + 1× PropertyGuru 2020
- 90% of 1,080 units sold by May 2025 — among the highest sell-through rates in Phnom Penh's luxury segment
- Built by Sichuan Huaxi Group — a 6-time Luban Award winner (China's highest construction honour)
- Managed by HopeTree Japan under a five-star concierge / serviced-apartment model
- 8% per annum Guaranteed Rental Return (GRR) for 3 years (24% total) offered to Le Condé BKK1 buyers
- Royal Brand Ambassador endorsement from H.R.H. Princess Norodom Soriya
Developer Style
Chinese-capital-backed luxury high-rise development in BKK1 with Singapore- and Japan-oriented service standards: technology-enabled (Xiaomi) smart-home towers, premium Sichuan Huaxi construction, HopeTree Japan five-star management, and yield-focused offers (8% GRR) aimed at Cambodian millennials, Singapore investors and international HNW buyers.
ប្រវត្តិការអភិវឌ្ឍ
Le Condé BKK1 Officially Launched
Le Condé BKK1 listed on realestate.com.kh as a BKK1 mixed-use masterpiece. Developer named as Wangfu International Real Estate Development Co., Ltd.; investor Beijing Zhongguancun Construction Co., Ltd.; contractor Sichuan Huaxi Group Co., Ltd.
🚀 Project LaunchLe Condé BKK1 Groundbreaking
Construction begins during the COVID-19 pandemic — a 43-floor, 145m tower on a 3,029 sqm BKK1 site (Street 352 corner Street 57). Project value USD $100M–$114M.
🏗️ Construction StartPropertyGuru Award Win
Le Condé BKK1 wins Best Serviced Apartment Development at the 5th PropertyGuru Cambodia Property Awards 2020.
🏆 Awardគម្រោងពិសេស
ស្វែងរកគម្រោង
2+ គម្រោងដែលមានពី Wang Fu Guo Ji
Le Condé BKK1
Street 352, Corner Street 57, Sangkat Boeung Keng Kang 1 (BKK1), Khan Chamkarmon, Phnom Penh
Le Condé 2 (Phase II)
Street 352, Corner Street 63, Sangkat Boeung Keng Kang 1 (BKK1), Khan Chamkarmon, Phnom Penh
តំបន់គ្រប់ដណ្តប់
ទីតាំង និងខណ្ឌ
គម្រោងរបស់ Wang Fu Guo Ji ពាសពេញតំបន់ជាច្រើន
BKK1 — Street 352
Sangkat Boeung Keng Kang 1, Khan Chamkarmon — Phnom Penh's most prestigious residential enclave, surrounded by 29 embassies, international schools and the CBD
Buyer pricing guidance
សញ្ញាតម្លៃសាធារណៈ
ជម្រើសហិរញ្ញវត្ថុ
Public information only. Le Condé BKK1 prices range from $94,538 (studio) to $6.7M (Buckingham penthouse) and reflect floor level, GRR and timing. All Le Condé 2 pricing is indicative pre-sale and unverified until official developer release. Confirm current pricing, availability and GRR terms directly with the developer.
Community & Lifestyle Signals
BKK Avenue — ground-floor retail mall integrated into Le Condé BKK1 (18 commercial units)
Cambodia's first full-building Xiaomi smart home integration — temperature, lighting, timer and energy-saving control
HopeTree Japan five-star concierge and property management for residents
Sky amenities — infinity pool, sky bar, gym, yoga room, 240m sky jogging track and sky garden
~1,000 sqm of green space and a 40% greening rate across the development
'I Love Phnom Penh' city campaign — partnership with 50 featured businesses across the capital (2022)
Member of the China-Cambodia Business and Investment Council (CCCBIC)
Awards & Recognition
ការទទួលស្គាល់សម្រាប់ Wang Fu Guo Ji
Condominium Development of the Year
Awarded to Le Condé BKK1 at the Cambodia Real Estate Awards 2023.
Cambodia Real Estate Awards (Realestate.com.kh)
Condominium Developer of the Year
Awarded to Le Condé BKK1 at the Cambodia Real Estate Awards 2023.
Cambodia Real Estate Awards (Realestate.com.kh)
Premium Condominium of the Year
Awarded to Le Condé BKK1 at the Cambodia Real Estate Awards 2023.
Cambodia Real Estate Awards (Realestate.com.kh)
Best Serviced Apartment Development — Winner
Awarded to Le Condé BKK1 at the 5th PropertyGuru Cambodia Property Awards 2020.
PropertyGuru Group
Royal Brand Ambassador Endorsement
Le Condé BKK1 endorsed by H.R.H. Princess Norodom Soriya as Royal Brand Ambassador (not a competitive award).
Royal endorsement
Common buyer questions
Verify before purchase
- Confirm Le Condé 2 unit pricing, GRR terms, availability and handover timeline directly with the developer — all are pre-sale and indicative only.
- Verify title status (Hard Title / strata) and foreign-ownership quota at the Ministry of Land Management before signing.
- Confirm the current construction and handover status for your specific unit — interior finishing was ongoing as of mid-2025.
- Note the sell-through discrepancy: one source cites 90% sold (May 2025) and another 80% sold (Aug 2025) — ask for current availability in writing.
- Request the full payment plan, GRR contract and any handover / management fees in writing.