TL;DR: Kingston Royale is a 36-floor condominium in Khan Mean Chey, Phnom Penh, priced from approximately $1,015/sqm — one of the lowest entry points among new condo launches in the Cambodian capital. The project offers 1BR and 2BR units, flexible payment plans with discounts up to 20%, and a full furniture package. Key risks include a limited developer track record, an emerging (non-central) location, and no officially disclosed completion date.
What Is Kingston Royale and Who Is It For?
Kingston Royale is an "affordable luxury" residential development by Kingston Royale Co., Ltd., a Cambodian developer. Located at Plot 427, Street 69BT, Boeung Tompun, Khan Mean Chey, Phnom Penh, the project targets local first-time buyers, regional Southeast Asian investors, and long-horizon expats.
The tower rises 36 floors above ground, contains 310 units, and is served by 3 elevators. Parking covers 7 floors for cars and 2 floors for motorcycles — standard for this price segment in Phnom Penh.
Unit Types, Sizes and Pricing
Kingston Royale offers exclusively 1-bedroom and 2-bedroom configurations, ranging from 43 to 84.7 sqm (net area):
| Type | Bedrooms | Area (sqm) |
|---|---|---|
| K | 1BR | 43 |
| J | 1BR | 45 |
| I | 1BR | 45.6 |
| H/G | 1BR | 47.5 |
| F | 1BR | 48.2 |
| E | 1BR | 53.2 |
| D | 1BR | 55 |
| C | 2BR | 65.2 |
| B | 2BR | 67.1 |
| A | 2BR | 84.7 |
The reference price point comes from unit J5 (1BR, 45 sqm), which became available in February 2026 at $1,015/sqm — below the official price list, representing the real floor price.
For context: Time Square 306 asks $1,600/sqm, Agile $2,200/sqm, and Le Conde $2,800/sqm. Kingston Royale is 2–3× cheaper — a direct reflection of its location and developer profile, not a hidden defect.
Payment Structure and Promotions
Payment plan (as of January 2026):
- 30% — down payment
- 36% — installment plan over 36 months
- 34% — balance: lump sum or developer financing over 15 years at 10% per annum
Discount tiers: - 30% down → ~13% off list price - 40% down → ~14% off - Full payment → ~20% off
Additional perk: full furniture and appliance package included under promotional terms (active January–February 2026 per Cambodia Experts Telegram community data).
Construction Progress: Where Does It Stand?
Sales launched around mid-2025. Construction milestones:
| Date | Progress |
|---|---|
| October 2025 | Basement works |
| Early March 2026 | 2nd floor slab |
| March 2026 | 3rd floor |
| April 2026 | 8th floor formwork |
| May 2026 | Formwork ongoing at 8th floor |
The pace — roughly 8 floors in 6–7 months — is below average for the region. With 36 floors total and no disclosed handover date, buyers should model a 2028+ delivery scenario as a baseline.
Amenities
Declared facilities include: - Swimming pool - Gym - Steam room and sauna - Jacuzzi - Sky Garden (33rd floor) - Yoga room - On-site mart - 24/7 security
Three elevators for 310 units is lean but consistent with the price tier.
Risk Assessment
Developer track record. Kingston Royale Co., Ltd. is a Cambodian developer with a modest project history — notably less established than Taiwanese or Hong Kong developers active in the Phnom Penh market.
Location. Khan Mean Chey is an emerging district, not a prime address. Secondary market liquidity will trail BKK1 or Daun Penh. The long-term appreciation thesis is plausible; a quick flip strategy carries higher execution risk.
Construction pace. 8 floors in roughly 6 months implies a significant remaining timeline to completion.
No disclosed completion date. The developer brochure does not state a handover date — a material gap for off-plan due diligence.
FAQ
Q: Can foreigners own units in Kingston Royale? A: Cambodia's Strata Title Law permits foreign nationals to own condominium units from the 1st floor upward, subject to a 70% foreign ownership cap per building. Kingston Royale qualifies under this framework. Verify the project's strata registration status with a licensed Cambodian property lawyer before committing.
Q: What is the minimum investment amount? A: At $1,015/sqm and the smallest unit type (Type K, 43 sqm), the entry price is approximately $43,645. With a 30% down payment, the initial outlay is around $13,000.
Q: When is the expected handover? A: No official completion date has been disclosed. Based on the current construction pace (approx. 8 floors per 6–7 months across 36 floors), a realistic estimate is 2028, but this is a projection — not a developer commitment.
Q: Is Kingston Royale a good investment? A: It is a credible long-term bet on Khan Mean Chey's urbanisation at one of Phnom Penh's lowest entry prices. It is not suited to short-term speculative strategies given undisclosed timelines and limited developer history. Appropriate for investors with a 5+ year horizon and moderate risk tolerance.
Data current as of May–June 2026. Prices and promotional terms are subject to change — verify with the developer or a licensed broker.
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