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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