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Japanese and Cambodian Investors Partner on $100M Luxury Tower in Phnom Penh
September 12, 2025, 11:17 a.m.
A partnership between Japanese and Cambodian investors is set to bring a new 65-story landmark to Phnom Penh called The G.A.T.O. TOWER. Located in the Boeung Keng Kang 1 district, this $100 million project will feature a luxury hotel and residential condominiums. It's designed to introduce a new standard for urban living in the city.This joint venture is led by MIRAKU Capital & Development Co., Ltd., with key partners including Mr. Nagato Daiko from Japan and local investors Mr. Nhim Reasey and Ms. Nao Sokuntheary. They chose Phnom Penh for its strong growth potential and economic stability. The project's design is being handled by the renowned Japanese firm Shin Takamatsu Architect & Associates. Construction is expected to begin in early 2026 and wrap up by 2030.The G.A.T.O. TOWER is designed to offer a blend of luxury and convenience. It will include a range of high-end amenities such as:A fitness center with a steam and saunaA garden and children's play areaA private lounge, coffee shop, and co-working spacesThe top floors will house premium condominium units, with floors 60 to 64 dedicated to luxurious penthouses. At the very top, a sky bar and rooftop pool will provide panoramic views of the city. To ensure top-tier service, the building will be managed by Cambodian firm WH Living & Properties Co., Ltd. in collaboration with Japanese experts.More than just a real estate project, G.A.T.O. TOWER is viewed as a symbol of the strong friendship and cooperation between Cambodia and Japan. Project marketing director Ms. Kawasaki Masako noted that the tower is expected to create local jobs and contribute to the cityโ€™s vibrant architectural landscape, helping shape Phnom Penhโ€™s future as a dynamic capital.For more information, please contact Realestate.com.kh, your number one real estate portal here in Cambodia.
Cambodia's Construction Sector: Key Trends & Investment Opportunities
Cambodia's Construction Sector: Key Trends & Investment Opportunities
September 12, 2025, 4:50 a.m.
The construction industry remains a vital engine of Cambodia's economy, playing a crucial role in GDP growth and job creation. While the sector experienced some fluctuations, it continues to attract significant investment, especially in infrastructure and industrial projects. In 2024, the government approved 414 investment projects valued at approximately $6.9 billion, a substantial 40% increase compared to 2023. This growth is a strong indicator of rising investor confidence and a shift toward larger, more impactful developments.Read more: How Urbanization is Transforming Cambodia's Real EstateKey Growth Drivers & Market TrendsCambodia's construction boom is fueled by several key factors, but the market is also undergoing a period of correction, particularly in the residential and commercial sectors.Infrastructure Development: Large-scale infrastructure projects are the main drivers of growth. The government's Comprehensive Intermodal Transport and Logistics System master plan (2023-2033) outlines 174 priority projects requiring over $36.7 billion in investment. Key projects include the upcoming Techo international airport, the ongoing construction of the Phnom Penh-Bavet Expressway, and the Funan Techo Canal, which are designed to enhance connectivity and trade.Additional reading: Top 5 Infrastructure Projects Changing A NationIndustrial and Logistics Sector: This sector is experiencing a significant surge, driven by the expansion of Special Economic Zones (SEZs) across the country, especially in Sihanoukville. Foreign investment is increasingly targeting the development of factories, warehouses, and logistics hubs to support Cambodia's manufacturing base. This is partly a result of companies relocating to Southeast Asia to diversify their supply chains.Residential and Commercial Market Correction: While the high-end condominium market faces challenges from oversupply and reduced foreign demand, there's a growing focus on the affordable housing segment. This trend is driven by the country's rising urban population and the demand for more accessible residential options. Similarly, the commercial office and retail sectors are seeing stable occupancy rates but are navigating an influx of new supply.Foreign Investment and Regulatory FrameworkForeign direct investment (FDI) is crucial to the development of Cambodia's construction sector. China remains the largest investor, though its share has recently declined, signaling a more diversified investment base from countries like Vietnam and Singapore.Land Ownership & Legal Avenues: The legal framework for foreigners remains consistent: direct land ownership is prohibited. However, investors can acquire long-term leases of up to 50 years, often with renewal clauses. A common and popular strategy for foreign investors is to form a joint venture with a Cambodian partner, where the foreign entity holds up to 49% ownership of the company.Permit and Approval Process: The Ministry of Land Management, Urban Planning, and Construction (MLMUPC) oversees construction permits. The process duration varies based on project size, with large-scale projects requiring up to 45 working days for approval. The government has introduced measures to streamline this process, including a one-year waiver of fines for certain housing projects to encourage compliance.Investment Incentives: To attract more foreign capital, the government offers incentives through the Qualified Investment Project (QIP) scheme. This includes income tax exemptions for up to nine years and customs duty exemptions for imported construction materials and equipment. The promotion of Public-Private Partnerships (PPPs) is another key strategy, allowing foreign investors to collaborate with the government on major infrastructure and urban development projects.ย Emerging Opportunities and OutlookThe Cambodian construction industry is poised for continued growth, albeit at a measured pace. The focus on infrastructure, industrial expansion, and affordable housing will drive the market.Technological Adoption: The sector is gradually embracing new techn ologies to improve efficiency. This includes the use of Building Information Modeling (BIM), drones for site surveying, and advanced construction management software.Read more: How Technology is Transforming Cambodiaโ€™s Real Estate MarketSustainable Development: There is a growing emphasis on green building practices and sustainable development, which aligns with international standards and attracts environmentally conscious investors. The Siem Reap Smart City Initiative is a prime example of this trend, balancing modern development with cultural preservation.Sihanoukville's Revival: Sihanoukville is seeing a significant revival, with a notable increase in approved project value. This is partly due to the government's Special Investment Promotion Program as well as the 10-year development masterplan, which aims to revitalize stalled projects and attract new capital.Read more: Why Sihanoukville Is Cambodiaโ€™s Top Destination for Infrastructure InvestmentThe Cambodian construction sector is at a key moment. While some sectors are slowing down, the industry as a whole is strong and growing. The government is focusing on building important infrastructure, creating industrial areas, and providing affordable homes. This, along with new regulations that help investors, is creating a more stable and balanced market.ย For both local and international investors, understanding these changes and finding new opportunities, from large-scale projects to the revival of Sihanoukville, will be essential for long-term success. As the country continues to grow, the construction industry will not only change its cities but also its economy for years to come.Ready to take advantage of Cambodia's changing real estate and construction market? Whether you're a big-time developer, a new homebuyer, or a foreign investor, Realestate.com.kh is here to help. As the country's top real estate portal, we offer the most complete listings, the latest market information, and the expert advice you need to make smart choices.Contact us today!
IFC Building Sihanoukville: Canopy Sands Development Unveils First Grade A Office at Bay of Lights
IFC Building Sihanoukville: Canopy Sands Development Unveils First Grade A Office at Bay of Lights
September 9, 2025, 8:01 a.m.
Sihanoukville, September 9th, 2025 โ€“ Canopy Sands Development, a leading force in Cambodia's real estate landscape, proudly announced the grand opening of the IFC Building yesterday, a huge achievement for Sihanoukville as it is the areaโ€™s first-ever Grade A office building, built to be environmentally friendly with a special LEED certification.The IFC Building is a key part of the much larger US$16 billion Bay of Lights project. This massive coastal project is designed to transform Sihanoukville into a major hub for finance and tourism. It will create a vibrant area with financial services, world-class tourism, education, entertainment, and more, all of which will contribute to Cambodia's economic growth.David Richard Dobson, Senior Director of Investment at Bay of Lights, said:"Almost five years ago, the Bay of Lights was just a concept, a vision to build a new city. The opening of the IFC Building today marks a key milestone, proving that with patience, planning, and consistency, we are steadily bringing this dream to life. This building is a testament to what can be achieved when diverse teams come together with a shared purpose. With the support of the Royal Government of Cambodia, it will strengthen Cambodiaโ€™s role in the global economy, create jobs, and offer future generations greater opportunities than ever before!"Read more: The ultimate guide to Sihanoukvilleโ€™s Bay of Light by Canopy Sands DevelopmentMany important guests and officials attended the opening ceremony, all excited to see the beginning of a new chapter for Sihanoukville. The IFC Building shows Canopy Sands Development's commitment to building top-quality projects that will attract major businesses and help the local economy thrive.Canopy Sands Development has also announced plans to build two Hotel101 hotels in Cambodia, one in Phnom Penh and one in Sihanoukville, both set to be finished in 2028. The Hotel 101- Phnom Penh is expected to be the biggest hotel in the country by room count. These hotels will feature standard "HappyRoom" units and offer an investment model called "condotel," where people can buy a unit and share in the rental income, which is professionally managed.Read more: DoubleDragon's Hotel101 Enters the Cambodia Market with Developments in Phnom Penh and SihanoukvilleThe opening of the IFC Building is a strong sign of Canopy Sands Development's dedication to creating a bright future for Sihanoukville and all of Cambodia.Looking to know more about the IFC Building or any property in Sihanoukville? ย Explore the best real estate opportunities and find your perfect property with Realestate.com.kh, your No.1 real estate portal here in Cambodia.ย Read more: Why Sihanoukville Is Cambodiaโ€™s Top Destination for Infrastructure InvestmentAbout Canopy Sands Development: Canopy Sands Development is a leading property developer in Cambodia. They create big projects that boost the economy and improve people's lives. Their main project, the Bay of Lights, is set to turn Sihanoukville into a world-class financial and tourism destination.
Key Takeaways from Knight Frankโ€™s 2025 H1 Real Estate Report - Siem Reap and Sihanoukville
Key Takeaways from Knight Frankโ€™s 2025 H1 Real Estate Report - Siem Reap and Sihanoukville
September 5, 2025, 2:32 p.m.
Last week, we looked at the latest Cambodia Real Estate Highlights H1 2025 report and data from Knight Frank Cambodia with a focus on Phnom Penh. This time, we review the trends and statistics for Sihanoukville and Siem Reap.Knight Frank singled out the coastal city of Sihanoukville as one to watch as it continues to rise as a future gateway city, driven by infrastructure and port development.Siem Reap Tourismย Knight Frank said in their report that Siem Reapโ€™s tourism recovery in 2024 continued into the first half of 2025 to start with, but unsurprisingly, by Q2 2025, the numbers were being impacted by the closure of the Cambodia-Thailand land border and ongoing tensions.Almost half of all international arrivals (which really means regional) arrived in Cambodia by land and sea borders, so the closure of the border will continue to have an adverse impact, as most visitors travelled overland from Thailand.In the long term, a lot of hope and optimism is being placed on the success of the new Techo International Airport in the capital, which launches in September 2025, as well as the existing Siem Reap-Angkor International Airport. The report suggests this needs to be reinforced by efforts from various sectors and the Cambodian government to promote Siem Reap and arrange meaningful events to attract visitors.ย Initiatives such as the Angkor Sankranta 2025, the Green Season Campaign and Cambodia-China Tourism Year 2025 are all underway but โ€œthe development of more tourist attractions to encourage tourists to visit Cambodia, whilst increasing the average length of stayโ€ is needed.Ticket sales and visitors to the Angkor Archaeological Park have been showing improvements year-on-year since the pandemic, and visitors primarily came from China, the United States, the United Kingdom, Australia, France and Japan, but the numbers for the second half of 2025 should again show the impacts of the Thailand situation.ย Read More - Whatโ€™s New for Travellers in Cambodia 2025: Essential UpdatesSiem Reap Residential Sector H1 2025The area showcased landed housing developments and modern borey developments, but the โ€œmarket faced slow absorption rates for units further from the city centreโ€.ย Condominiums outperformed landed housing sales in Siem Reap, and the residential rental market experienced a moderate recovery, too. The sales performance of landed housing developments located more than 10 km from the Siem Reap city centre was minimal.The smaller population of 250,000 indicated minimal demand from the Cambodian residents for residential property, and โ€œmany opted to buy land and build their own accommodationโ€, said the report.There were a total of 3,849 landed housing units across 27 projects, priced from US$430 to US$1,700 per sqm of gross floor area.An additional 1,709 units are expected to enter the market from 2025-2028.Condominiums were priced between US$1,100-2,700 per sqm.Gross rental yields were 6-7 per centSiem Reap Hotel Sector H1 2025There were signs of recovery, but the sector will show a downward trend in the second half of the year due to the aforementioned issues.The report states that there are limited hotels in the development pipeline, and the projects underway are: Angsana Siem Reap (due H2 2025), PARKROYAL (2027) and Rosewood Siem Reap is also anticipated โ€œbut remains unconfirmedโ€.ย Siem Reapโ€™s hotel supply was 9,584 rooms.Most of this supply is in Svay Dangkum (51%) and Sla Kram (29%)Siem Reap Retail Sector H1 2025The Siem Reap retail sector continued to face challenges, and one of the reasons was that a majority of tourist arrivals were budget travellers.The retail supply has been reduced by 20,920 square meters in the past couple of years due to โ€˜underperformance in some retail malls and a growing interest in opening locations along main roads in traditional shophousesโ€™.Malls such as Angkor Fashion Plaza, Thai Huot Supermarket, and Angkor Trade Center have ceased operations.Angkor Market has expanded, while The Heritage Walk, CDF Angkor Duty Free, Asia Plaza and Makro Siem Reap are โ€œin operation with a healthy performance.โ€The Pizza Company, Swensenโ€™s, Dairy Queen, Dominoโ€™s Pizza, Tummour, KFC, Burger King, Brown Coffee and Temple Coffee & Bakery have established outletsThe report adds that there could be growth โ€œin targeted local expansions and new businesses that focus on providing intimate customer experiencesโ€.ย Sihanoukville H1 2025The city has shown signs of a recovery, but the outlook remains mixed for Sihanoukville even though the area serves as the centre for trade and logistics and is a hub for manufacturing and industrial sectors, as well as tourism.In addition to the ongoing infrastructure projects, other industrial projects were approved in Preah Sihanouk Province, as well as more special economic zones (SEZs).Up to May 2025, 297 projects worth $7.03 billion will receive in principle approvals and tax incentives as part of a beautification initiative for Sihanoukville.The land market has been slow, and there remains uncertainty about long-term recovery.Sihanoukville Residential Sector H1 2025The residential sector was subdued due to limited new demand and because of the smaller population in the region. The residential market is not yet seeing an uptick in activity.11,742 units across 21 projects were recorded in the existing supplySome beachfront developments have attracted buyersIf all current projects resume over the next five years, the condominium numbers could reach 31,824 units by 2029Only one condominium project was launched in Sihanoukville in H1 2025 - Time Square 10 Ocean ViewThere is a total of 1,757 landed housing units in Sihanoukville's existing stockMoving forward, there remain headwinds and developers โ€œwill focus on finishing or repurposing existing projects instead of starting new ones,โ€ explained the report. It also said that developers should prioritise affordable housing targeted at local Cambodians.Read More - DoubleDragon's Hotel101 Enters the Cambodia Market with Developments in Phnom Penh and SihanoukvilleSihanoukville Hotel Sector H1 2025Sihanoukville is undergoing a transformation in the hotel sector due to the entry of international brands with increased room capacity.The existing supply of hotel rooms was recorded at 12,243 keys.Approximately 10,084 new hotel rooms are expected to be added to the market over the coming years.Two international hotel brands entered the market in H1 2025Hotel room distribution is concentrated in Sangkat Boun (47%) and Sangkat Bei (44%) of the total capacity.The long-term outlook is โ€œcautiously optimisticโ€ as the Royal Government of Cambodia tries to address challenges and develop infrastructure to improve connectivity to Sihanoukville.ย You can read more insights into the Investment & Market Analysis - Cambodia Condominium Reportโ€™s Webinar.Industrial & Commercial Sectors - SihanoukvilleReal estate and gaming account for less than 20% of total FDI inflow in Sihanoukville, which is markedly lower than 60% in 2019.ย Sihanoukville is focused on its industrial activity in SEZs and the deep-sea port. Overall, there is a โ€œshift from a short-term speculation destination to a key hub for industrial logistics, advanced manufacturing, and sustainable tourism.โ€The commercial landscape showed an increase in activity, and the office and retail sectors saw โ€œsignificant developmentsโ€ with the office sector seeing record new completions during H1 2025.The existing supply of office space totalled approximately 192,390 sqm of net leasable area (NLA) - reflecting a consistent trend of growth.There is an additional 71,309 sqm of office NLA recorded in the development pipeline.Retail space supply was recorded at 92,718 sqm of NLA.The retail supply is expected to increase by 62,933 sqm over the coming years.The same challenges exist in terms of geopolitical tension, but the infrastructure projects could mitigate some risks, as the province is positioned to be a logistics hub, which should increase demand for both office and retail space.
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Realestate.com.kh Partners with Cambodia Insight to Connect with Korean Investors
September 9, 2025, 8:01 a.m.
PHNOM PENH - September 4, 2025 โ€“ Realestate.com.kh, Cambodiaโ€™s leading real estate portal, proudly announced the signing of a Memorandum of Understanding (MOU) with Cambodia Insight, the fastest-growing digital and print news platform dedicated to Koreans living abroad.ย The signing ceremony took place at the Connect Center, marking a significant step in Realestate.com.khโ€™s strategic global expansion, with a particular focus on the vibrant Korean market.Realestate.com.kh has consistently pursued international market expansion, identifying Korea as one of our key growth areas. Following this collaboration, Realestate.com.kh is confident that this new partnership with Cambodia Insight will similarly bolster its outreach and service offerings to Korean investors and residents interested in the Cambodian property market.(Tom O'Sullivan, CEO of Realestate.com.kh)Tom O'Sullivan, CEO of Realestate.com.kh, expressed his enthusiasm for the partnership:ย "At Realestate.com.kh, we are passionate about educating both local buyers and international investors on the Cambodian property marketโ€”helping them invest with confidence through our internationally trained agents and by working exclusively with trusted developers. Each year, we channel millions of dollars into Cambodiaโ€™s economy, contributing to the nationโ€™s ongoing development and growth.With the launch of our Korean Desk through Cambodia Insight, we are excited to broaden our reach even further. This initiative allows us to connect with a wider audience and ensure Korean investors are fully informed before making decisions when navigating the real estate market."(Joohee Choi, CEO of Cambodia Insight)Joohee Choi, CEO of Cambodia Insight, also agrees with these sentiments: "Cambodia Insight is committed to empowering the Korean community with timely and accurate information about Cambodia and the broader ASEAN region. Our partnership with Realestate.com.kh allows us to expand our service offering to include critical insights into the real estate sector, which is of great interest to many of our readers.ย We are delighted to collaborate with a market leader like Realestate.com.kh and look forward to providing our audience with unparalleled access to property trends and investment opportunities in Cambodia. This alliance underscores our dedication to fostering deeper connections and facilitating informed decisions for Koreans living abroad, for sure!"By combining Realestate.com.kh's extensive property listings and market expertise with Cambodia Insight's influential media platform, this partnership is expected to increase transparency and trust for Korean investors, making the process of investing, relocating, or understanding Cambodia's dynamic property market more accessible than ever before.
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Key Takeaways from Knight Frankโ€™s 2025 H1 Real Estate Report - Phnom Penh
Key Takeaways from Knight Frankโ€™s 2025 H1 Real Estate Report - Phnom Penh
August 30, 2025, 4:34 p.m.
The latest Cambodia Real Estate Highlights H1 2025 report from Knight Frank Cambodia indicates that the real estate sector has shown strength and opportunities despite the challenges experienced in the first half of the year; namely tariffs, economic uncertainty and the dispute with Thailand.The bi-annual report (this week we focus on Phnom Penh) provides a comprehensive overview of the real estate and property across the Office, Retail, Hotel, Condo, Serviced Apartments, Landed Housing and Industrial subsectors. We have selected a handful of interesting data points, but the entire report is worth reading to appreciate the scope of the trends in the property and real estate sectors.Ross Wheble, Country Head at Knight Frank Cambodia, commented, โ€œWhat started as a promising year has turned into one of caution. Nevertheless, as the saying goes, every cloud has a silver lining, and the market uncertainty has also brought opportunity.โ€Tom Oโ€™Sullivan, CEO of realestatecom.kh said, "Knight Frank is right to highlight the challenges, to continue to identify the long-term positive outlook, weโ€™re seeing a market thatโ€™s maturing and becoming more selective.ย Tougher conditions and oversupply are pushing out weaker developers, creating a healthy flight to quality. Buyers are comparing projects and relying on trusted, licensed agents, with a focus on developers who deliver quality and long-term value. At the same time, stronger regulation is adding transparency, which will support a more sustainable market and encourage greater foreign investment."The Cambodian government also continued to support the real estate sector with extended tax exemptions and incentives, creating an attractive investment climate.You can read more insights into the Investment & Market Analysis - Cambodia Condominium Reportโ€™s Webinar.Economic Headwinds Impact Cambodian Market SentimentThe revised Cambodian economic growth forecast of 4 per cent in 2025 still represents strong growth for the Kingdom, and Ly Hakim, head of research at Knight Frank Cambodia, said: โ€œThe Cambodian real estate sector recorded its strongest performance during Q1 2025 since the Covid-19 pandemic.ย However, the optimism was short-lived as the Trump Administration announced heavy trade tariffs for the APAC region in April, including Cambodia. This was further compounded by the closure of the Cambodia-Thailand border in May. Whilst the tariffs and ongoing border tensions will continue to weigh down on market sentiment over the short-term, the medium and long-term fundamentals for Cambodia will offer abundant opportunities across all sectors and markets.โ€He added, โ€œDespite global challenges, Cambodiaโ€™s real estate sector showed strong resilience in early 2025.โ€The future economic outlook and main challenges remain:Tariffs could affect key trading nations in North America, Europe, and Asia and may accelerate the localisation of supply chains in the U.SOngoing discussions between Thailand and Cambodia have posed challenges for businesses operating in both countries.Phnom Penh Serviced Apartment Sector H1 2025The capitalโ€™s serviced apartment sector was stable but is expected to face more challenges in the second half of 2025. The supply reached approximately 8,975 units, which was an increase of 7% compared to 2024.Boueng Keng Kang (BKK) once again was the most in-demand district in Phnom Penh, with nearly one-third of the total serviced apartments market.Approximately half of the market consists of business-class apartments.The number of serviced apartments in Phnom Penh is set to increase and is expected to reach approximately 10,554 by 2028.Condo Sector in Phnom Penh H1 2025There were positive sales rates to both foreign and domestic buyers in the first half of 2025, but there is expected to be market moderation in the second half of the year due to the ongoing Cambodia-Thailand conflict.The improvement in the sales was driven by real demand and a combination of โ€œdevelopers' improved understanding and strategiesโ€ which included favourable payment terms - these are all points we have raised over the recent year/s.As realestate.com.kh has also been suggesting, local buyers have become more actively engaged in the market than ever before. The market shift sees a lower reliance on foreign buyers and the availability of more affordable pricing as part of the broader market correction.The supply of condominiums reached 61,564 units.The number of units sold during H1 2025 was the highest since 2020.Chamkarmon, Sen Sok and Mean Chey account for the majority of the future condo supply in the capital.As for the landed property segment, it continued to see weak overall sales performances and fewer projects launched in the capital.Phnom Penh Office Sector H1 2025Knight Frankโ€™s report suggested Phnom Penhโ€™s office sector experienced steady growth amid increased supply and changing market dynamics in the first half of 2025.The cumulative Phnom Penh office property supply reached 1,015,380 square metres and is expected to grow to 1,557,098 sqm by 2028.Grade B office space made up almost half of the market (49%) - This is a year-on-year increase of 5 per cent.Centrally-owned buildings accounted for nearly three-quarters of the total office segment market. In Phnom Penh,Chamkarmon and Daun Penh contributed the majority of this.Prime office rents remained stable during H1 2025, and the average prime net effective rent was US$21 per sqm per month.The report adds that โ€œWhile the short-term outlook for the Phnom Penh office sector is challenged by rising vacancy rates, the long-term prospects will be shaped by broader economic conditions and external factors.โ€It also suggests that newer developments which offer health & wellness spaces, sports/gym facilities could provide unique selling points to differentiate from the competition.Phnom Penh Retail Sector H1 2025Retail occupancy dropped slightly year-on-year in the first half of the year, and the decline indicates an increasing challenge in the market, driven by changing consumer behaviours and a short-term oversupply.The retail sector in Phnom Penh only saw one project added to the existing supply during H1 2025.The total retail supply was recorded at 873,201 sqm of NLA (net leasable area)The total supply is expected to increase to 1,147,955 sqm of NLA over the coming years.Retail space is concentrated within Sen Sok (31%) and Meanchey District (23%).Food and Beverage continued to dominate the tenant mix in Phnom Penhโ€™s shopping centres.Additional Reading: How Urbanisation is Transforming Cambodia's Real EstatePhnom Penhโ€™s Hotel Property Sector 2025Phnom Penhโ€™s hotel accommodation stands at 16,372 rooms, which represents a 6% increase from 2024. Only one internationally branded hotel and a new domestic brand under Morgan Group added 400 rooms to the supply in H1 2025.Daun Penh has the highest concentration of hotels, with 39% of the total hotel market.ย The total hotel supply is expected to reach approximately 19,483 rooms by 2028, with a number of international brands under development.Find out about DoubleDragon's Hotel101 entering the Cambodian market with developments in Phnom Penh and Sihanoukville.Industrial Property Sector & SEZThis segment is undergoing a major change as there is a shift from traditional industrial output in โ€œlow-end garment production to higher-value industries like electronics, automotive components, and light manufacturing.โ€The industrial sector in Cambodia is expected to play a key role in the national growth, and this year is projected to contribute about 34% of the country's GDP. The Special Economic Zones (SEZ) are a key cog in this economic shift.Council for the Development of Cambodia (CDC) approved 290 new investment projects, totalling about $4.2 billion, in the first five months of 2025121 out of the newly approved projects were established in Special Economic Zones.A total of 28 SEZs are operational, and 32 are still under construction and are yet to be operational.Next week, we will look at the reportโ€™s updates outside of the capital, notably in Siem Reap and Sihanoukville, which are at different points in their own development in Cambodia. Knight Frank points to Sihanoukville as one to watch as it continues to rise as a future gateway city, driven by infrastructure and port development.
Why Should You Select Panasonic VRF/Mini VRF for Your Next Project?
Why Should You Select Panasonic VRF/Mini VRF for Your Next Project?
August 22, 2025, 7:02 a.m.
With 100 years of experience as air conditioner experts, Panasonic promises the highest level of product quality, durability, reliability and safety. The brandโ€™s extensive line up of air conditioners provide outstanding energy-saving functions, integral air purification, and more.ย VRF systems are designed for energy savings, high efficiency, and high durability with strong cooling power even operating at high ambient temperature. Panasonic continuously apply advanced technologies to meet the requirements of diverse situations, contributing to the creation of comfortable living spaces.Customers can personalize their VRF system by selecting the outdoor and indoor unit types that best suit their needs.ย Outdoor unit types include โ€˜2-Way Cooling or Heatingโ€™, for both large-scale commercial use and small-scale business or residential use, as well as an option for โ€˜Cooling Onlyโ€™.Outdoor unit types./Image credit: Panasonic.Benefits of Panasonic VRF/Mini VRFThere are several benefits that Panasonic VRF/Mini VRF systems offer, including:Extraordinary Energy-Saving Performance โ€” every component of Panasonicโ€™s VRF/Mini VRF units are designed with the highest level of energy savings in mind, including a large-capacity inverter compressor, newly designed fan, and a renewed heat exchanger design.High efficiency โ€” operation efficiency has been improved by utilizing energy efficiency ratio (EER), a DC inverter compressor, and an intelligent 3-stage oil management system.Demand Response Management โ€” power consumption at times of peak load can be set in three steps to deliver optimum performance, reducing annual power consumption with no compromise to comfort.High durability โ€” outdoor units and heat exchangers are corrosion resistant, and cooling operation is possible even when outdoor temperature is up to 52ยฐC.Reliable Operation and Flexible Installation โ€” varied piping lengths and a compact design, with high external static pressure to prevent overheating in narrow spaces, allow outdoor units to accommodate a wide array of space limitations, while providing the ability to connect up to 64 indoor units.1. Extraordinary Energy-Saving PerformancePanasonic VRF/Mini VRF systems utilise high energy efficiency ratio (EER), as well as a DC inverter compressor, and a heat exchanger design, resulting in high energy-saving performance.ย The use of multiple large-capacity all-inverter twin compressors help to improve performance. Two independently controlled compressors achieve high efficiency (for more than 14 HP), and twin rotary compressors offer both low vibration and high COP.Panasonic VRFโ€™s extraordinary energy-saving performance./Image credit: Panasonic.The Panasonic VRF systemโ€™s new heat exchanger features a triple-surface construction and a highly efficient piping pattern that increases heat exchange performance by 5 per cent compared to previous models. The condenserโ€™s three-row design also improves heat exchange efficiency by increasing the surface area.2. Intelligent 3-Stage Oil Management SystemAn improved oil management system also minimises the time and frequency of oil recovery by managing it in three stages, equipping units with sensors to detect oil levels, and using accumulators. This reduces energy consumption and maintains comfort without sacrificing cooling capability.3. Demand Response ManagementAll Panasonic VRF systems are Demand Response Management (DRM) ready, meaning consumers are able to adjust power consumption at times of peak load. This can be set in three steps to deliver optimum performance, helping to reduce annual power consumption with minimal loss in comfort.4. High DurabilityPanasonic VRF systems can withstand temperatures of extreme heat, with cooling operations continuing to be possible even when the outdoor temperature is as high as 52ยฐC.ย The outdoor units are also corrosion-resistance treated for exposure to rust to assure long-lasting performance. The anti-corrosion Blue Fin treatment of the heat exchanger provides greater resistance against corrosion. Panasonic also uses a copper tube condenser, which makes it easy to repair and maintain.ย One of the common causes of failures of the outdoor unit is electrical short circuits caused by geckos entering the unit. Panasonic VRF outdoor units eliminate gaps where geckos could enter the internal Printed Circuit Board (PCB), thus, preventing operation stoppages.High durability features of Panasonic VRF/Mini VRF./Image credit: Panasonic.5. Reliable Operation and Flexible InstallationPanasonic VRF compressors have an extended life thanks to the use of a uniform compressor operation time. The total run-time of each compressor is monitored by a built-in microcomputer, which ensures that the operation times of all compressors within the same refrigerant circuit are balanced. Compressors with histories showing shorter run times are selected first, ensuring equal wear and tear across all units and extending the working life of the system.Panasonic VRF/Mini VRF has highly flexible installation and design./Image credit: Panasonic.There is also a built-in automatic backup operation feature, in the case of compressor failure or outdoor unit malfunction. This means that even if a whole outdoor unit fails, the other outdoor unit can keep running, and even if a compressor in a single system fails, the other compressor will keep running as well.The installation and design of Panasonic VRF/Mini VRF systems is also highly flexible in order to be able to meet a diverse array of space requirements. Piping length of up to 1,000 metres, an elevation difference of up to 90 metres between indoor and outdoor units, and the ability to connect up to 64 indoor units, are some of the various options available for installation.ย Learn more about Panasonic VRF/Mini VRF by contacting Panasonic HVAC professionals via +855 96 466 5469, or by visiting the Panasonic website.By B2B Cambodia. Original article: https://b2b-cambodia.com/articles/why-should-you-select-panasonic-vrfmini-vrf-for-your-next-project/
DoubleDragon's Hotel101 Enters the Cambodia Market with Developments in Phnom Penh and Sihanoukville
DoubleDragon's Hotel101 Enters the Cambodia Market with Developments in Phnom Penh and Sihanoukville
August 25, 2025, 2:09 a.m.
DoubleDragonโ€™s Hotel101, a fast-growing condotel, is expanding itself by entering the Cambodian market. The company has signed an agreement with Canopy Sands Development Corporation Ltd., a local real estate developer in Cambodia. This deal allows Hotel101 to build two new hotels on prime land owned by Canopy Sands, marking a significant step in the brandโ€™s global expansion.Hotel101-Phnom Penh: Located in the vibrant Tonlรฉ Bassac district, a riverfront economic and cultural hub near the upscale Boeung Keng Kang (BKK) district, this hotel will rise on a 2,033-square-meter plot. With approximately 700 rooms across 30 floors, it is set to become Cambodiaโ€™s largest hotel by room count upon completion in 2028. Featuring Hotel101โ€™s standardized 21-square-meter โ€œHappyRoomโ€ units with kitchenettes, plus amenities like a swimming pool, fitness gym, all-day dining, business center, function rooms, and commercial spaces, it will cater to both tourists and business travelers.Hotel101-Sihanoukville: Situated within the $16 billion, 934-hectare Bay of Lights coastal development, Hotel101-Sihanoukville will feature around 680 rooms on a 4,623-square-meter plot. Positioned next to a proposed international convention and exhibition center and just a 5-minute drive from Sihanoukvilleโ€™s international airport, this hotel will be the largest in Sihanoukville by room count. It will offer the same signature โ€œHappyRoomโ€ units and amenities, appealing to visitors seeking relaxation in this booming tourism hub.Further reading: Why Sihanoukville Is Cambodiaโ€™s Top Destination for Infrastructure InvestmentBoth hotels are designed to reflect Hotel101โ€™s signature condotel model, which combines the comforts of a condominium with the services of a hotel, appealing to a wide range of guests! DoubleDragon has also set a target to complete both Hotel101-Phnom Penh and Hotel101-Sihanoukville by 2028, contributing to Cambodiaโ€™s tourism growth and economic development while creating jobs and attracting visitors.Tom Oโ€™Sullivan, CEO of Realestate.com.kh, said: โ€œRealestate.com.kh is proud to partner with Hotel101 on the sales and marketing of the project. Hotel101 has a proven model that has already delivered strong returns for investors in markets such as their property in Madrid. We see the same potential here in Cambodia, with both Phnom Penh and the coastal areas showing strong demand for this style of hotel. Itโ€™s an exciting opportunity to introduce a trusted global brand to the local market.โ€How does this investment opportunity work?Cambodia welcomed over 6.7 million international visitors in 2024, with tourism expected to grow further with the opening of the Techo International Airport (KTI) in Phnom Penh on September 9, 2025. Hotel101โ€™s condotel model offers a unique investment opportunity:Buy a Unit: Investors purchase individual hotel rooms, similar to owning a condominium.Hotel Management: A professional international management company operates the properties under the โ€œHotel101โ€ brand.Revenue Sharing: Rental income from guests is pooled and distributed among unit owners, ensuring earnings even if your specific room is unoccupied.Proven Rental Returns: Hotel101โ€™s international projects, such as in Madrid, Spain, have delivered stable yields, with an average ROI of 7.56% last year and occupancy above 82%.Capital Appreciation: Investors can benefit from potential property value growth as Cambodiaโ€™s tourism and real estate markets expand.Flexible Usage: Owners receive 10 complimentary nights per year, 5 nights in their own unitโ€™s hotel and 5 nights at any Hotel101 location globally.Why Invest in Hotel101 Cambodia?Affordable entry price compared to traditional hotel investmentsHands-off ownership with fully managed operationsTransparent revenue-sharing systemExposure to Cambodiaโ€™s booming tourism marketBacked by Hotel101โ€™s proven international track recordThe partnership with Canopy Sands Development leverages their local expertise and sales network, ensuring seamless project execution. These projects are expected to generate $109.55 million (PHP 6.3 billion) in sales revenue, contributing to Cambodiaโ€™s economic growth through job creation and tourism.Pre-register your interest now at realestate.com.kh to secure the best price and seize this opportunity for passive income and long-term growth in one of Southeast Asiaโ€™s most dynamic markets!
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How Urbanization is Transforming Cambodia's Real Estate
August 15, 2025, 6:51 a.m.
For the last few decades, Cambodia has been experiencing a huge demographic shift characterized by steady population growth and rapid urbanization. As of mid-2025, Cambodia's population is estimated at approximately 17.85 million people, reflecting a youthful and expanding demographic profile. Urbanization, currently at around 26.5% of the population, is improving faster than overall growth, driven by rural-to-urban migration, industrial expansion, and improved infrastructure.ย These trends are not only reshaping Cambodia's social and economic landscape but also creating significant opportunities, particularly in the real estate sector, where increased demand for housing, commercial spaces, and infrastructure is fueling investment and development.ย Population Trends in CambodiaCambodia's population has shown a steady increase based on the high birth rates, declining mortality, and a demographic dividend from its young populace.ย Current population and growth: In 2025, the population will stand at almost 18 million already, with an annual growth rate of around 1.5%. This is equal to an addition of roughly 210,000-287,000 people annually, with a birth rate of 19.3 per 1,000 and a death rate of 6.8 per 1,000.Demographic Structure: The population has around 30% aged 0-14 years and a median age of 26. The sex ratio is balanced at 0.96 males per female, and the dependency ratio is 55.9%, suggesting a favorable window for productivity with a large working-age group.Projections: By 2030, the population is expected to reach 18.5-19 million, climbing to over 20 million by 2050. These forecasts account for continued improvements in healthcare, economic stability, and potential shifts toward aging demographics in the longer term.This youthful and growing population represents a great demographic trend, offering an improved labor force that can drive economic growth if supported by education and skills development.Urbanization Trends in CambodiaUrbanization in Cambodia is outdoing population growth, concentrating development in key cities like Phnom Penh, Siem Reap, and Sihanoukville.Current urbanization rate: In 2023, about 25.6% of Cambodians (4.46 million people) lived in cities, rising to 26.5% by 2025. City populations are growing about 3% a year, much faster than the national average, as people move for jobs in factories, services, and tourism.Historical and driving factors: Urbanization in Cambodia has grown from 10% in 1960 to 26.5% today, driven by better job opportunities, improved infrastructure, expanding tourism, and a growing manufacturing sector. Economic reforms and foreign investment have also helped modernize cities and boost living standards.Positive Impacts on the Real Estate SectorUrbanization, coupled with population growth, has profoundly boosted Cambodia's real estate sector, stimulating demand, investment, and economic multipliers.Increased demand for housing and infrastructure: The increase in urban migrants has created an annual need for tens of thousands of housing units, further improving developments like condominiums, apartments, and gated communities.Commercial and industrial properties: Economic diversification has increased demand for offices, retail spaces, and industrial zones, particularly in special economic areas like Sihanoukville. This has led to property value appreciation and job creation, further increasing urban migration.Attraction of Foreign Investment: Low but rising urbanization rates have drawn FDI from Asia, financing $24 billion in construction over recent years and introducing sustainable technologies. This enhances sector resilience and positions Cambodia as a regional investment hotspot.Economic Ripple Effects: Real estate adds a lot to Cambodiaโ€™s economy. Growing cities create more jobs and boost business in related industries. Better roads, utilities, and public services from urban growth also raise property values and make cities more attractive as well.ย In short,ย Cambodiaโ€™s steady population growth and the increasing urbanization rate are giving a strong boost to the real estate market. A young workforce, expanding cities, ย and rising interest from investors mean that Cambodia has a strong will for long-term growth. With continued investment in infrastructure, housing, and commercial spaces, Cambodia is well-positioned to transform its urban centers into key drivers of economic growth, innovation, and improved living standards. The challenge ahead will be to guide this expansion in a way that is sustainable, inclusive, and beneficial for all Cambodians.With more young workers, bigger cities, and rising interest from investors, the country has a solid base for long-term growth. Continued investment in housing, infrastructure, and business spaces can help turn cities into key drivers of the economy and improve living standards. The focus now is to make sure this growth is well-planned, fair, and benefits everyone.
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The U.S. Reduces Tariffs to 19%: A Turning Point for Cambodiaโ€™s Economy
August 7, 2025, 4:33 a.m.
On August 1, 2025, US President Donald Trump announced a significant reduction in tariffs on Cambodian goods, lowering the rate from 36% to 19%. This decision marks a major breakthrough for Cambodiaโ€™s export sector and is expected to bring positive changes to Cambodiaโ€™s economy, including the real estate market as well.ย Cambodiaโ€™s economy relies heavily on exports, especially garments, footwear, and agricultural products, with the US being the countryโ€™s largest export market. According to the Office of the United States Trade Representative, the US goods trade with Cambodia totaled an estimated $13 billion in 2024, while the US goods exports to Cambodia in 2024 were $321.6 million, up 4.9 percent ($14.9 million) from 2023.ย When President Trump initially imposed high tariffs, including a 49% rate in April 2025 and later a 36% rate, it created challenges for Cambodiaโ€™s exporters. These tariffs increased costs for Cambodian goods in the US, threatening factory jobs and economic growth. The reduction to 19% is a big relief. It makes Cambodian products more competitive in the U.S. market, as they will now cost less for American buyers.ย This change is expected to protect jobs in the countryโ€™s garment and manufacturing sectors, which employ hundreds of thousands of workers, especially women. With more stable jobs, people will have more confidence to spend and invest, which is great news for Cambodiaโ€™s overall economy.What can we expect from this reduction?ย Hereโ€™s what we can expect from this tariff reduction:ย First, it will boost current export revenues. When Cambodian goods are cheaper in the US, demand is expected to increase, leading to higher production and increased income for the countryโ€™s factories. This extra money will flow into the pockets of workers and businesses, increasing spending power across Cambodia.ย Second, the tariff reduction signals stronger trade ties between Cambodia and the U.S. This stability can attract more foreign investors, who now see Cambodia as a resilient and expanding market.In fact, global interest in relocating manufacturing operations to Cambodia is already on the rise, as companies look to diversify their supply chains away from China and other high-cost countries. Cambodia is becoming an increasingly attractive destination due to its strategic location, competitive labor costs, and improved trade environment. The tariff cut further strengthens Cambodiaโ€™s position as a regional manufacturing hub, which could result in more factories, more employment, and an increasing demand for worker housing and commercial infrastructure.Moreover, this move reduces the risk of an economic slowdown. Earlier high tariffs have raised fears of mass layoffs and a potential economic recession. By lowering tariffs, President Trump has helped ease these concerns, providing businesses and workers more certainty and stability.Adding to this, Deputy Prime Minister Sun Chanthol has recently announced a groundbreaking deal, which is the purchase of 10 Boeing aircraft for Air Cambodia, with the first delivery scheduled for 2031.Recommended Reading: The Launching of Cambodiaโ€™s Latest Techno International Airportย This historic move not only modernizes Cambodiaโ€™s aviation sector but also signals long-term confidence in Cambodiaโ€™s growth, connectivity, and global engagement. The expansion of Air Cambodia could stimulate tourism, increase business travel, and create new demand for hospitality and airport-related real estate developments as well.
Whatโ€™s New for Travellers in Cambodia 2025: Essential Updates
Whatโ€™s New for Travellers in Cambodia 2025: Essential Updates
August 1, 2025, 6:02 a.m.
What a year it's been so far in 2025. The tourism and hospitality industry, which remains a key pillar of the Cambodian economy, has had to overcome challenges after the start of the year provided so much promise.The launch of the China-Cambodia Year of Tourism 2025, an uptick in tourist arrivals in the first half of 2025, and the excitement of new air routes and the launch of the Techo International Airport officially confirmed for September 9 all provide room for optimism - and a buoyant tourism industry is good for the property sector too.This excitement has been tempered by the ongoing trade war and pending increase in tariffs with the United States, and the border conflict with Thailand, which has had immediate impacts and will likely filter through for the Q3 results when they are announced.What is on the horizon and whatโ€™s new for travellers in Cambodia 2025? We provide some essential updates.First Half of 2025 Showed Tourism PromiseWe have always maintained that you need to apply a sense of restraint when looking at the data released on Cambodian tourism figures. Air arrivals are arguably more valuable than those crossing by land, as these tourists will generally be bigger spenders.But Cambodia is suffering from brand optics in the region, and since mid-2024, there has been a drop-off from important Asian markets such as Japan and Korea, and reputational issues are a huge part of this.There were 3.65 million domestic and international passengers that passed through all three Cambodian airports in the first half of 2025, which is a 20 per cent increase over the same period in 2024 (according to the SCCA).The Ministry of Tourism reported that Cambodiaโ€™s international tourists in the first six months of 2025 showed a 6.2 per cent increase compared to the same period in 2024.Cambodiaโ€™s airports' inbound and outbound (two-way) flights reached 58,354 by the end of June 2025.Phnom Penh International Airport, Siem Reap Angkor International Airport (SAI), and Sihanoukville International Airport (KOS) combined welcomed 1.42 million international visitors, reported the MoT, but more than 1.9 million arrived via land and waterways. A majority of these were from Thailand (nearly a million), followed by Vietnam and China.Cambodiaโ€™s civil aviation sector was expected to see annual growth of 16% to 20% before the most recent Thailand conflict escalations.Still the biggest tourist attraction, Angkor Enterprise reported that 560,000 international tourists bought tickets to visit the Angkor site from January to June 2025, and foreign tourist numbers to the site have grown 8.76 per cent compared to 2024. Unfortunately, the numbers still lag behind pre-pandemic levels.Find out more in our Guide to Retiring in Cambodiaย Lead-up to New Techo International Airport Launch in Phnom PenhThe US$1.5B Techo International Airport will commence operations on September 9, 2025, with the official inauguration planned for October 20.ย This means the current Phnom Penh International Airport will no longer be used. It is strongly advised that all passengers check with their airlines about the changes, as we have already seen correspondence and notices from several local and international airlines warning passengers of the changes.ย In some cases, flights beyond September 2025 to Phnom Penh are not available to be booked on certain airlines temporarily while systems change and are updated with the airport codes switching from PNH to Phnom Penh Techo International Airport (KTI).The airport development project is a public-private partnership between Overseas Cambodian Investment Corporation (OCIC) and the State Secretariat of Civil Aviation (SSCA) under the Cambodia Airport Investment Co Ltd (CAIC). They said, โ€œThe airport's construction is expected to significantly boost Cambodia's connectivity and economic growth.โ€It was also confirmed that Cambodia Airports (a subsidiary of VINCI Airports, the worldโ€™s leading private airport operator) and operator of the current Phnom Penh Airport, will operate the new airport. Their appointment was confirmed in an agreement signed by Neak Oknha Dr. Pung Kheav Se, Chairman of CAIC, and Nicolas Notebaert, Chief Executive Officer of Concessions at VINCI, and President of VINCI Airports on July 10, 2025.ย When launched, the passenger terminal will feature both global and local brands. Two French companies, Lagardere Travel Retail and Newrest, were previously announced to be operating the airportโ€™s duty-free and food & beverage outlets (36 food service locations) at the airport.ย A pilot rollout of smart gates will be launched at the airport, which will help streamline passenger entry. Similar smart gates are in operation in the region, including in Thailand, Singapore, Hong Kong and more.Sok Veasna, Director General of the General Department of Immigration, said, "Travellers simply need to complete the necessary forms and have their visa ready. They can then pass through the smart gates without waiting in line to get their passports stamped.โ€He added that these border control systems might be implemented at land checkpoints in the near future.Discover more about the Techo International AirportDigital Immigration and Electronic Forms to Enter Cambodia in 2025There have been several improvements to the tourism and arrival forms for anyone entering Cambodia in recent years, as the process has been digitised where possible.The General Department of Immigration (GDI) in Cambodia introduced a trial run of the Cambodia v-Pass (Visitor Pass) system to replace immigration stamps or QR code stickers on July 1, 2025, at all international airports and seaports.This means all foreign visitors who have cleared immigration in Cambodia will receive an electronic visitor pass instead of a physical Immigration stamp or QR code sticker.ย This will be sent via email or through the e-Arrival website/mobile app at international air checkpoints and should be welcomed as it's easier than the already recently introduced stamp size QR stickers in passports and much better than the previous visas, which took up an entire page in one's passport.Process When Entering Cambodia (You still need to complete your visa and the Cambodia e-arrival app, which includes customs forms and e-arrival declarations.)Present your passport at immigrationThe immigration officer will process your entryInstead of receiving a physical stamp, you will receive a v-Pass via emailKeep this v-Pass accessible during your stayDuring Your Stay in CambodiaYou may be asked to show your v-Pass for verification purposesYou can display it on your mobile device or print it outAlways respect the duration of stay indicated on your v-PassDeparting CambodiaPresent your passport at the departure immigrationYour departure will be recorded in the systemNo physical exit stamp is neededRead Up On How to Get a Visa for Cambodia: 2025 GuideThe GDI said they have been more stringent on visitor entry for visitors who do not meet the proper conditions, such as unclear travel history or purpose of travel, or lack of ability to support themselves during their stay in the Kingdom of Cambodia.New Air Routes Planned 2025-2026There have been negotiations for new flight connections to India, the Middle East and secondary Chinese cities to Cambodia.Recent route launches include Air Cambodia's flight from Siem Reap to Shenzhen, China, as well as its flights between Phnom Penh and Shenzhen both in July 2025.Emirates Airlines launched flights between Siem Reap and Dubai with a stop in Bangkok in June 2025.An MoU was signed with Turkiye at the start of July 2025, aiming to boost connectivity.US-based Global X Airlines discussed opening an airline in Cambodia, under a proposal that is now "under consideration" by the SCCA.Ethiopian Airlines and Air Cambodia signed an MoU on July 11 to enhance connectivity and promote tourism and business between Africa and CambodiaThree South Korean airlines, East Jet Airways, Tโ€™way Air, and Jeju Air, have applied to operate flights to Siem Reap, and the carriers are expected to begin service by the end of 2025.Airlines launching routes to Siem Reap in October 2025 are IndiGo Air from India, Firefly Airlines from Malaysia, QatarAirways to Doha, and South Koreaโ€™s Eastar Jet.Air Cambodia announced its new routes from Phnom Penh-Fuzhou-Tokyo, which will launch in October 2025, and Phnom Penh-Fuzhou-Osaka is due to launch in March 2026.Japanโ€™s ANA (All Nippon Airways) used to offer direct connections between Cambodia and Japan; however, the route was discontinued in January 2021, but some sources have reported they may resume flights to Cambodia in 2026.The SAI management team has indicated via local media that they are working to expand air services to additional markets in Indonesia, the Philippines, Brunei, Myanmar, and Australia.Long-Term BrandingThe conflict between Thailand and Cambodia will impact the tourism-dependent economy, and the impacts have already been felt, but there will be some lag in the impacts, too.Tourism contributed about 9 per cent to Cambodiaโ€™s GDP in 2024. A concerted effort, prolonged campaigns, policy tools, and tourism promotion will need to alleviate the fears in the local, regional and international markets.ย The launch of the new airport is so crucial in this, and so much needs to be properly and exhaustively promoted in advance to allow new and current passengers to know what changes there are and address safety concerns and travel options to the airport and the capital.The efforts during the conflict from the civil aviation operators were aimed at minimising any disruption to passengers, freight operators and businesses reliant on timely transportation.These were designed to minimise disruptions to the aviation sector, and they should be applauded as they play a critical role in sustaining cross-border trade and tourism.
Which Air Conditioners Best Suit Your Home? โ€“ Panasonic Cambodia
Which Air Conditioners Best Suit Your Home? โ€“ Panasonic Cambodia
July 23, 2025, 8:10 a.m.
Air conditioners provide much needed cooling, humidity control and air quality improvement at homes. These factors are especially important to daily life in hot and temperate climates like Cambodia. Many air conditioner models can be found in the market, but which ones are best suited for your home?Before buying a new air conditioning unit, the following should be considered:The size of the space โ€“ Bigger rooms need more cooling power.ย Energy efficiency โ€“ Look for an air conditioner with a higher Energy Efficiency rating (EER).Climate โ€“ Since the climate in Cambodia is hotter and more humid, choose an air conditioner with inverter technology that adjusts cooling power using artificial intelligence (AI), which is great for situations of constant high heat and humidity, while still saving energy.ย Cost โ€“ Balance upfront costs with long-term energy savings and maintenance costs.Panasonic, a leader in providing comfortable air solutions for many decades, has a variety of residential air conditioners that are designed with energy efficiency in mind, while also offering high performance and reliability. The brand supplies a broad array of flexible and innovative products suited for every home.ย Single Split Wall Mounted Air Conditioner โ€“ Ideal for Regular Room SizesThese air conditioners are recommended for regular bedrooms and living rooms. Panasonicโ€™s varied lineup offers safe and comfortable air conditioning through air purification and energy-saving technology, which will help reduce electricity bills while ensuring a clean air environment. By incorporating AI into air conditioners, Panasonic ECO AI provides a good balance between cooling comfort and energy savings.Features like nanoeโ„ข X technology provide all day protection against pathogens, pollutants and harmful fumes. Panasonic's nanoeโ„ข X technology actively purifies your indoor air, offering numerous benefits for various lifestyles. Whether you're a pet owner, allergy sufferer, have young children, or simply want a healthier home, this innovative technology can improve your indoor environment.(Image credit: Panasonic Cambodia)Single split air conditioners offer easy installation, efficient operation, and powerful cooling for a healthy environment.Learn more about Panasonicโ€™s Single Split Wall Mounted Air ConditionersSingle Split Packaged Air ConditionerThese are the air conditioners recommended for large rooms. Customers can select a product that meets their needs, not only by the shape of the indoor unit, but also by its functions, which include energy saving and air purification.Panasonicโ€™s air conditioners have also been increasingly adopting the more environmentally friendly R32 refrigerant, a chemical compound used to absorb heat and create cool air through the compressor and evaporator.There are many benefits of switching to R32 refrigerant for your air conditioning system, which include:(Image credit: Panasonic Cambodia)Learn more about Panasonicโ€™s Single Split Packaged Air ConditionersMulti-Split Air ConditionerThe multi-split system connects two or more indoor units with a single outdoor unit โ€“ an ideal system when more than one room or space needs to be cooled. This is also a great solution for residential buildings with limited outdoor unit installation space, such as condominiums or apartments.Multi-split air conditioners can be independently controlled within each space and provide custom comfort accommodating individual needs.ย (Image credit: Panasonic Cambodia)Learn more about Panasonicโ€™s Multi-Split Air ConditionersVariable Refrigerant Flow (VRF) and Mini VRFWith this model, up to 64 indoor units can be connected to a single outdoor unit. These air conditioners are recommended for those who want something that can accommodate larger than typical size dwellings, such as buildings with many rooms or large rooms.(Image credit: Panasonic Cambodia)Panasonic VRF is designed for outstanding energy-saving performance, powerful operation with high reliability, and comfort.ย Learn more about Panasonicโ€™s VRF and Mini VRF Air ConditionersDiscover the perfect cooling solution with Panasonic air conditioners! For inquiries or project support, call the Panasonic Cambodia project team today via 096 238 3514!By B2B Cambodia. Original article: https://b2b-cambodia.com/articles/which-air-conditioners-best-suit-your-home-panasonic-cambodia/
Why Time Square 10's Affordable Sea View Condos in Sihanoukville Are Selling Out Fast?
Why Time Square 10's Affordable Sea View Condos in Sihanoukville Are Selling Out Fast?
July 21, 2025, 8:28 a.m.
When it comes to real estate opportunities that combine affordability, location, and investment potential, Time Square 10 stands out as one of the most talked-about developments in Cambodiaโ€™s coastal property market today. Located along the beautiful Otres Beach in Sihanoukville, this project has been on the market for less than two months, but more than 70% of its units have already been sold already, proving it to be a rare find that buyers are rushing to secure. But what exactly is behind this rapid sell-out?A Prime Beachside LocationSihanoukville is rapidly transforming into one of Cambodiaโ€™s most sought-after destinations. With major infrastructure upgrades, new roads, expressways, and an international airport nearby, itโ€™s becoming easier than ever for both local and international buyers to invest in this thriving coastal city.Located near Otres Beach, one of the most serene and scenic shorelines in Sihanoukville, Time Square 10 offers stunning sea views just steps away from white sands and the beautiful sea. Whether you're looking to live by the beach or invest in a vacation rental property, this location is ideal for lifestyle and long-term value!Affordable Luxury: Starting from Just $40,000Perhaps the most attractive feature of Time Square 10 is its pricing. While sea view condos in other parts of Asia can cost hundreds of thousands of dollars, this project offers units starting from just $40,000. With a 20% down payment and monthly payments starting from just $4xx, the payment plan is designed to be flexible and accessible. Itโ€™s an ideal setup for families, overseas buyers, or expats looking for a seafront home or an investment opportunity.Freehold Ownership from a Trusted DeveloperOne of the concerns for many foreign investors in Cambodia is property ownership. Time Square 10 addresses this by offering freehold strata-title condos, meaning buyers can fully own their unit. This makes the project especially appealing for both Cambodian nationals and foreign buyers seeking long-term security!Additional reading: What is Freehold and Leasehold Ownership in Cambodia?The development is backed by a reputable and experienced developer with a strong portfolio of completed projects across Cambodia. Buyers can have peace of mind knowing that the construction quality, handover process, and post-sales support meet international standards.Time Square 1 โ€“ Completed 2017Time Square 2 โ€“ Completed 2021Time Square 3 โ€“ Completed 2023Time Square 306 (Time Square 5) โ€“ Completion Expected 2025Time Square 302 (Time Square 6) โ€“ Completion Expected 2027Time Square 7 โ€“ Completion Expected 2028Time Square 8 โ€“ Completion Expected 2028Time Square Gatsby 9 โ€“ Launching 2025Time Square 10 Ocean View Sihanoukville โ€“ Launching 2025Check out more projects by Megakim World Corp, Cambodiaย High Demand: Over 70% Sold AlreadySince its launch, Time Square 10 has seen overwhelming demand. With over 70% of units already sold, itโ€™s clear that buyers recognize the value and potential of this project. Whether itโ€™s the beachfront lifestyle, the rental income opportunities, or simply the chance to own property in one of Cambodiaโ€™s fastest-growing cities, everyone is acting fast to secure the best unit as always!With remaining units selling quickly, now is the perfect time to explore Time Square 10. Whether you're buying for yourself or investing for the future, this project offers a rare chance to own an affordable sea view condo in a prime location.Visit Realestate.com.kh today to book a viewing, explore floor plans, or speak with a property advisor who can guide you through every step. Contact us today!-๐Ÿ“ž +855 92 92 1000๐Ÿ“ง info@realestate.com.kh๐Ÿ“ Visit us at The Connect Center:#306BCD, Monivong Blvd (93), Sangkat Chakto Mukh, Khan Doun Penh, Phnom Penh๐Ÿ•˜ Monโ€“Fri: 9:00 AMโ€“5:00 PM | Satโ€“Sun: 10:00 AMโ€“5:00 PM
Breaking Down All Of Your Cambodian Property Costs
Breaking Down All Of Your Cambodian Property Costs
July 18, 2025, 4:51 a.m.
Cambodian Property Costs: A Complete BreakdownWe look at the full range of costs involved in owning, managing, buying and selling property in Cambodia. From transaction fees and annual taxes to rental obligations and exit costs, understanding these expenses helps ensure better financial planning and smoother real estate transactions.With the evolving urban development surges and the demand for real estate growing in Cambodia, understanding costs and property taxation is essential for making savvy financial decisions.Understanding current and future market trends helps investors forecast the best time to buy and sell their properties to maximise their returns.Typical Property Purchase PricesProperty costs in Cambodia vary widely by city, type, and location. Boeung Keng Kang 1 is one of the most in-demand areas in the capital of Phnom Penh and the average price/sqm is US $2,000.In terms of pricing in Phnom Penh, the average price per square meter in 2025 is US $1,800 gross, with Tonle Bassac demanding the highest prices of an average of US $2,500.Transaction Costs & Taxes (Buying & Selling)We provide a clear breakdown of the key taxes related to property ownership and transactions in Cambodia.ย It should be noted that the implementation of the Capital Gains Tax has been postponed until the end of 2025, and there are also exemptions currently in place for certain cases under the Transfer Tax.Stamp Duty/Transfer TaxThe Transfer Tax, also known as registration tax or stamp duty, is a one-time tax imposed when property ownership is transferred and is 4% of the government-assessed property value.The Transfer Tax is levied to formalise the transfer of ownership and is paid during the property registration process.Certain exemptions exist, such as for properties transferred between relatives or for government-conferred land rights.Rate: 4% of property value.Exemptions: First $70,000 is exempt. For first-time buyers purchasing from a developer, exemptions may cover up to $210,000 until the end of 2025.Who Pays: This tax is paid by the buyer, but negotiable.Agent Commissions (Sale & Rental)When you sell or rent your home through an agent in the Kingdom of Cambodia, you need to pay a commission fee for the agent's services.ย The Ministry has taken direct measures to ensure that real estate operations run smoothly in the market and benefit both parties - agents and property owners. Usually, sellers pay the selling agent; buyers pay their own representative.Typical Commission Fee (Sales): 3โ€“5% of the selling price (paid by seller or developer)Typical Commission Fee (Rentals): Typically 1 monthโ€™s rent for12-month contract (paid by landlord)You can find out more about the Official Rates for Cambodia Agent FeesCapital Gains Tax (*Delayed until at least the end of 2025)Cambodia does not levy a capital gains tax on property currently, as the planned implementation has been delayed several times.Once implemented, the Capital Gains Tax will be a tax applied to the profit earned from selling property. Taxpayers can choose between an 80% flat deduction method or deducting actual documented expenses to reduce their taxable gain.Taxpayers will be able to choose between an 80% flat deduction without documentation or an actual expense deduction supported by evidence.Legal Fees When Buying PropertyLegal fees are typically 0.5%โ€“1% of the property value (due diligence, SPA review, title transfer).Cambodian Valuation FeesValuation fees are a professional estimate of a property's market value, used for sales, financing, or investment analysis.Charged as a percentage of the property value:Below $100,000: 0.17% (min $170)$100,000โ€“$1,000,000: 0.1% (min $900)$1Mโ€“$5M: 0.05% (min $2,000)$5Mโ€“$10M: 0.03% (min $1,500)Above $10M: 0.025%Example: For a $1.5M property, the total fee is about $1,320.Due Diligence & NotaryTypically, these are included in legal and admin fees and are minor administrative costs depending on the property type/title.Due diligence may add several hundred dollars if done by a separate firm.ย Read More On Property Tax in Cambodia: What You Need To KnowOngoing Property Ownership CostsProperty Tax (TOIP Tax)The Annual Property Tax, officially known as the Tax on Immovable Property (TOIP), is a yearly tax levied on the ownership of immovable properties such as condos, land, and houses.The value is assessed by the Immovable Property Assessment Committee. Key exemptions include properties valued at or below the threshold, agricultural land actively used for cultivation, properties owned by the government or diplomatic missions, and properties in Special Economic Zones serving agricultural, industrial, or service activitiesAnnual Tax: 0.1% of property value over 100 million KHR (approx. $25,000).Rental Income TaxThis is a tax on income earned from renting out property & rates vary for residents and non-residents.There has not been great compliance in the past, but as Cambodia continues its push for tax reform and increased transparency, stricter enforcement could be introduced in the future.ย This would make it crucial for property owners to stay informed and prepared for potential regulatory changes.Cambodian: 10% of gross rental income.Non-Cambodians: 14% of gross rental income.Other CostsProperty Insurance: (optional)Sinking Fund Contribution: One-time or annual contribution for long-term building repairs. This reserve pool of funds is collected from owners to cover the major long-term building repairs or capital improvements.Building Management Fees: Typically $1โ€“$2 per sqm/month, covers security, cleaning, common area maintenanceUnit Management Fees: Typically 5%โ€“10% of monthly rental income; covers tenant handling, rent collection, and unit maintenance on behalf of the ownerUtilities: Electricity, water, and depends on usage and provider (paid by tenants). The standard rate of utility is 0.25/kwh for electricity and 0.35/m3 for water.VAT (If Rented Through a Company)10% VAT is charged on rental income if held via a company.Financing & Mortgage CostsFor Cambodian CitizensAdjustments in pricing models are intended to appeal to a broader pool of buyers, domestically and overseas. The renewed focus is on making property ownership in Cambodia more accessible. Typically, some estimates might be:Down payment: 20%โ€“30%Interest rates: 7%โ€“10% annuallyMortgage terms: Up to 20 yearsFor Foreigners Buying in CambodiaNon-Cambodian citizens have limited access to traditional Cambodian bank mortgages unless purchasing via a local company. Foreign buyers should budget 6โ€“8% of the property price for all open and hidden costs (stamp duty, agent, legal, admin, registration), not including financing or ongoing taxes.Leading developers are offering smarter product offerings and more flexible payment plans. There might be developer financing options. These could include payment terms up to 50% of the payment due only at completion to ease buyer risk during the construction phase and help build confidence.Tips When Looking For Condo Investment in CambodiaOther Useful Terms To KnowInstalment Payment - A staged payment model based on construction milestones or a fixed schedule, often used in off-plan purchases.Ownership Transfer - The legal registration of the unit under the buyerโ€™s name, finalising ownership. Triggered after full payment and documentation.Payment Schedule - The timeline and structure of payments, often broken into booking, down payment, milestone payments, and final balance.Rental Returns or Yield - The annual rental income expressed as a percentage of the unit's purchase price. E.g., $12,000 income on a $150,000 unit = 8% yield.Sales & Purchase Agreement (SPA) - The legal contract between buyer and developer that outlines payment, handover, and ownership terms.Cambodiaโ€™s property costs are lower than many regional markets, and the main expenses are the purchase price, stamp duty, commissions, legal fees, and an annual property tax that is generally minimal.ย Foreign buyers should factor in slightly higher total upfront costs for due diligence and potential financing arrangements, but the yields and entry costs are extremely competitive, and the market is attracting a wider range of foreign buyers as well as growth from the domestic market.
cambodia-real-estate-technology-evolution
How Technology is Transforming Cambodiaโ€™s Real Estate Market
July 17, 2025, 3:13 a.m.
Over the past two decades, Cambodia has undergone a significant digital transformation that has impacted nearly every sector of the economy, including the real estate sector. What was once a market driven by in-person visits, word-of-mouth referrals, and cash transactions has evolved into a digitally connected industry where online listings, digital payments, and smart technologies play a central role.ย From faster internet connectivity to the rise of Property Technology (PropTech), Cambodiaโ€™s real estate sector is increasingly influenced by technological advancements that are shaping how properties are bought, sold, and managed.Letโ€™s explore how technology is reshaping Cambodiaโ€™s property sector.Additional reading: Cambodiaโ€™s Digital Economy and Society Policy Framework 2021โ€“2035Digital Infrastructure and Online AccessibilityIn the early 2000s, Cambodia's digital infrastructure was limited, restricting access to property information and online platforms. However, the introduction of 4G services around 2014 and the ongoing expansion of 5G networks since 2022 have improved internet speeds and mobile access nationwide. This connectivity has enabled potential buyers and investors to easily browse property listings, research market trends, and make informed decisions without relying on traditional offline channels.Real estate websites began to emerge during the mid-2010s, providing centralized platforms for buyers, sellers, and investors. In fact, began operating since 2009 onward, Realestate.com.kh has generate thousands of listings across residential, commercial, and industrial sectors, offering detailed information about property prices, specifications, and locations. Virtual tours, floor plans, and price comparison tools have further enhanced transparency and accessibility within the market as well.ย Digital Payments and the Rise of BakongThe evolution of Cambodiaโ€™s financial technology has significantly streamlined real estate transactions. Traditionally, Cambodians mainly rely on cash payments, but the sector has transitioned towards digital payments as mobile banking applications gained widespread adoption during the 2010s. Mobile platforms such as ABA Mobile, Acleda, Wing, and TrueMoney now facilitate the payment of rent, booking fees, deposits, and service charges.A major milestone in Cambodiaโ€™s digital financial infrastructure was marked by the introduction of Bakong, a blockchain-based payment system launched by the National Bank of Cambodia (NBC) in October 2020. Designed to promote financial inclusion and reduce reliance on cash, Bakong integrates both bank accounts and e-wallets into a single platform, allowing seamless domestic transfers and payments in Cambodian riel and US dollars. Its implementation has contributed to the simplification of property transactions, particularly for locals who previously depended on physical currency for large payments.In addition to Bakong, interest in cryptocurrencies such as Bitcoin and USDT (Tether) has grown, especially among international buyers and tech-savvy investors. While cryptocurrency-based property transactions remain relatively niche due to regulatory uncertainties, certain developers and agencies have begun accepting digital assets as alternative payment methods, further diversifying transaction options within the sector.Additional reading: Cambodia Embraces Crypto Assets: A Regulated Start to a Digital FutureThis shift in digital finance makes it much easier for both local and foreign buyers to invest in Cambodian real estate, even from overseas, no matter where they are in the world.PropTech and Real Estate Marketing InnovationThe adoption of Property Technology (PropTech) has redefined how real estate companies in Cambodia operate and engage with their customers. PropTech includes a range of digital tools and innovations designed to enhance the marketing, sale, and management of real estate assets.One of the most prominent developments is the use of virtual tours, 360ยฐ views, and 3D walkthroughs, which enable buyers to explore properties remotely. Drone photography, AI-powered chatbots, and automated customer relationship management (CRM) systems are also increasingly being used to market properties more effectively and respond to buyer inquiries efficiently.Developers now leverage 3D visualization technologies to showcase off-plan projects, allowing potential buyers to visualize future developments and make purchasing decisions before construction is complete. These technological tools not only improve marketing capabilities but also help bridge the gap between developers and investors, particularly those located overseas.Smart Building Technologies and Sustainable ConstructionAnother significant aspect of technological advancement within Cambodiaโ€™s real estate sector is the rise of smart buildings and sustainable construction practices. Modern residential and commercial projects increasingly incorporate smart home technologies such as automated lighting, digital door locks, facial recognition entry systems, and app-controlled appliances.Green building technologies are also becoming more common. New developments feature energy-efficient insulation, solar panels, and sustainable building materials. These innovations not only align with global environmental standards but also appeal to a growing segment of buyers and investors seeking cost-efficient and environmentally responsible properties.Centralized Marketplaces and TransparencyThe growth of online property marketplaces has contributed to increased transparency and market efficiency. Leading property portals, established primarily in the mid-to-late 2010s, allow buyers, sellers, and investors to access a centralized database of property listings, filter searches based on specific criteria, and compare market prices.These platforms also offer additional resources such as loan calculators, investment guides, and market trend reports, empowering users to make more informed investment decisions. The availability of bilingual content in Khmer, English, and increasingly Chinese further enhances accessibility for both local and international stakeholders.Realestate.com.kh is Cambodiaโ€™s largest and most trusted property portal, connecting thousands of buyers and sellers every month. Whether you're searching for your first home, comparing investment properties, or seeking the latest market insights, Realestate.com.kh offers the tools and resources to help you succeed in Cambodiaโ€™s evolving real estate market.Cambodiaโ€™s real estate sector is undergoing a transformation driven by advances in digital infrastructure, financial technology, PropTech, and sustainable construction. From the implementation of high-speed internet and the launch of the Bakong payment system in 2020 to the adoption of smart home technologies and online property marketplaces, technology is playing an increasingly pivotal role in shaping the property market.As Cambodia moves forward with its Digital Economy and Society Policy Framework 2021โ€“2035, the real estate industry is expected to continue integrating innovative solutions, creating a more accessible, transparent, and efficient market for buyers, investors, and developers alike.For more information, contact us now!-๐Ÿ“ž +855 92 92 1000๐Ÿ“ง info@realestate.com.kh๐Ÿ“ Visit us at The Connect Center:#306BCD, Monivong Blvd (93), Sangkat Chakto Mukh, Khan Doun Penh, Phnom Penh๐Ÿ•˜ Monโ€“Fri: 9:00 AMโ€“5:00 PM | Satโ€“Sun: 10:00 AMโ€“5:00 PM
7 Simple Ways to Rent Out Your Property Quickly
7 Simple Ways to Rent Out Your Property Quickly
July 16, 2025, 3:35 a.m.
Phnom Penh is one of the most attractive cities for real estate investment in Cambodia. With its growing population, a strong flow of expats, and increasing demand for housing, many property owners are now turning to rentals as a way to generate steady income.ย Whether you own a condo, apartment, villa, or shophouse, renting out your property can be a great long-term strategy if done right. In this article, Realestate.com.kh will provide you with 7 simple ways on how to rent out your property faster!ย 1. Know Your Target AudienceBefore renting out your unit, itโ€™s important to understand the local rental market. Take time to research average rental prices for similar properties in your area, and consider who your ideal tenants might be expats, students, young professionals, or families. Platforms like realestate.com.kh provide helpful insights by showing current listings, which can help you position your rental competitively.2. Get your property readyOnce youโ€™ve assessed the market, ensure that your property is ready for rental from a legal and practical standpoint. Essential documents include a copy of your soft title or hard title, identification (such as an ID card or passport), and a clear lease agreement.ย If you're renting out more than one property or doing it as a business, you should also be registered with the General Department of Taxation. While it is not mandatory for all cases, having your lease agreement in both Khmer and English is strongly recommended to avoid misunderstandings.Further reading: A Guide to Cambodiaโ€™s Tax on Rental PropertyPreparing your property is also key to attracting tenants. Make sure the space is clean, well-maintained, and functional. Furnished units tend to rent faster, especially in central areas. Include basic appliances such as a refrigerator, washing machine, and air conditioning. If you're targeting expats or students, offering amenities like internet connection, management fee, parking space, swimming pool, or cable TV can boost your propertyโ€™s popularity even further.ย 3. Set The Right Rental Priceย Setting the right rental price is critical. If the rent is too high, the unit may sit vacant. Too low, and you could lose out on potential income. Rental prices vary widely depending on the propertyโ€™s location, condition, and features.ย For instance, units in BKK1 will usually command higher prices than those in Toul Kork or Sen Sok. Getting advice from a local real estate agent can be valuable when determining a fair market rate. If you want to know how much a property usually worth in different districts of Phnom Penh, check out the Cambodia Condominium Report by realestate.com.kh rental market insight.ย 4. Get Help From a ProfessionalOnce your property is ready, itโ€™s time to list it. Use trusted online platforms such as realestate.com.kh to showcase your unit to a wide audience. Make sure your listing includes clear photos, accurate descriptions, property size, rent price, number of bedrooms and bathrooms, nearby landmarks, and whether utilities or services are included. High-quality photos and honest details will increase your chances of getting serious inquiries.You may also consider working with a real estate company or agents like realestate.com.kh. ย We can help market your property, conduct viewings, screen tenants, and prepare contracts. While this comes at a cost, it can save you time and ensure smoother transactions, especially if you live abroad or are unfamiliar with the local market.ย 5. Choosing the Right Tenantย Screening tenants carefully is essential. Ask for basic documents such as passports (with a valid visa), work permits, or employment contracts. In most cases, landlords in Phnom Penh ask for a one-to-two month deposit (based on the contract period, whether it's 6 or 12 months) and one-month advance rent. For added protection, consider creating a signed inventory checklist of the items and condition of the property at move-in.Additional reading: 50 Must-Know FAQs for Real Estate Investors in Cambodia6. Sign a Clear Lease AgreementA properly signed lease agreement is the most important point of a successful rental. It should clearly state the rental amount, duration, renewal terms, payment method, deposit conditions, and house rules. Make sure both you and your tenant keep a signed copy of the agreement, ideally in both Khmer and English.If youโ€™re earning consistent income from rentals, especially for multiple units or long-term leasing, consider declaring your rental income with Cambodiaโ€™s tax authorities. Rental income is generally taxed at 10% of gross revenue. To stay compliant, apply for a Tax Identification Number (TIN) and consult a local accountant or legal advisor.Additional reading: A Guide to Cambodiaโ€™s Tax on Rental Property7. Maintain a Good Relationship with Your TenantFinally, once your tenant has moved in, be responsive and keep the property in good condition. Timely maintenance and clear communication can encourage tenant to renew their lease, which reduces vacancy periods and helps maintain your propertyโ€™s value over time.Renting out your property in Phnom Penh can be a profitable and rewarding experience when done properly. By following the steps above, you can minimise risks, attract quality tenants, and enjoy a steady stream of rental income.-Ready to find tenants for your Phnom Penh property?List your unit today on realestate.com.kh, Cambodiaโ€™s most trusted real estate platform. With thousands of renters searching daily, weโ€™ll help you get the visibility and support you need.๐Ÿ“ž +855 92 92 1000๐Ÿ“ง info@realestate.com.kh๐Ÿ“ Visit us at The Connect Center:#306BCD, Monivong Blvd (93), Sangkat Chakto Mukh, Khan Doun Penh, Phnom Penh๐Ÿ•˜ Monโ€“Fri: 9:00 AMโ€“5:00 PM | Sat-Sun: 10:00 AMโ€“5:00 PM
'Investment & Market Analysis - Cambodia Condominium Reportโ€™ Webinar - Key Takeaways
'Investment & Market Analysis - Cambodia Condominium Reportโ€™ Webinar - Key Takeaways
July 9, 2025, 9:15 a.m.
Realestate.com.kh recently held a free and live webinar to discuss their โ€œInvestment & Market Analysis - Cambodia Condominium Report," in which CEO Tom Oโ€™Sulliand and GM Vaty Mom provided their unique insights on the report and fielded a lovely Q&A.They said, โ€œWe received some excellent questions during the Q&A, and we hope the answers provided valuable clarity.โ€Mr O'Sullivan guided the audience through the condominium report with exclusive insights from over 1,000 actual transactions. He said, โ€œWe do thousands of transactions every year. The report itself in terms of sales is based on just over 1,000 transactionsโ€ฆ. probably do at least double that in terms of rental deals as well, which gives us a great understanding of the residential condominium market on both the sales side and the rental side.โ€Here we look at some of the key takeaways from the session.Cambodia Needs More And Better Promotion for the International Market - Opportunities Are HereOโ€™Sullivan explained, โ€œI think there needs to be a lot of work done around promoting Cambodia because a lot of people don't know multinational brands that are here, and the opportunities in Cambodia.โ€He also said that one of their goals and passions as a business is to continue to professionalise the market in Cambodia and โ€œmake sure that we're playing our role in educating the market to make sure people make smart real estate decisions.โ€He addressed probably one of the most commonly asked questions from expats living in Phnom Penh in particular, where you can not glance in any direction without seeing ongoing property developments.ย โ€œExpats locally look up into the sky and think, who's buying these condominiums, and where's the market? ย With the dataset that we have, with all the transactions we've done, we're able to make sense and provide reports like this to the market.โ€In terms of the opportunities, he added, โ€œAs much as there are huge opportunities in markets like this and similar emerging markets, there also come probably more pitfalls than established markets.โ€If someone's looking in Southeast Asia and does come across Cambodia, they will see that the Cambodian market is very competitive and probably an easier entry point in terms of price than other markets. The country we see now is extremely focused on the long-term. We see a lot of investment into infrastructure, new roads and new bridges and new airports.โ€Cambodia continues to stand out as an investor-friendly market compared to the balance of the region and, in many ways, presents a great opportunity and in many ways has a greater upside than some of the other Southeast Asian markets. And the entry level in terms of price is very competitive compared to similar markets, added the CEO.Read more about where and what buyers & renters are interested in.Market Property Cycles in Cambodia - In the Long-Run, There is Typically an Upside in ValueThe Cambodian property sector has gone through its transitions, and like anywhere, the market is cyclical.ย โ€œPre-COVID, we saw a lot of opportunistic developers,โ€ said the CEO. โ€œYou could say that there were unprofessional and unproven developers and very speculative developers in the Cambodian market.โ€He explained, โ€œThis is not to say every developer, every condo developer was like that. Of course, there were very reputable and trusted developers launching and building projects at the same time. But a lot of these unprofessional developers were really selling off great marketing campaigns, beautiful luxurious showrooms, but in reality, the handover quality was very poor and frankly, the properties were overpriced.โ€The pricing pre-pandemic was hitting record peaks in the Kingdom.โ€œIn terms of condo sales, it really started to heat up from 2016 to 2019. So, although the condo law was passed in 2010, the early buyers in the market were uneducated about the market, maybe uninformed. This is not just local buyers, this is also international investors, where really there was a lot of hype in the market, and international investors didn't want to miss out on the next hot market in Southeast Asia.โ€That enthusiasm for the market impacted local buyers too, who followed the hype. Off-plan purchases were common, and the process of buying is easy.โ€œIn terms of going into the showroom and being able to sort of visualise your investment (for a condo) was easy to do. A lot of poor quality projects launched pre-COVID, selling at inflated prices, but not to say there weren't quality developers building projects and some of them have proven to be great investments.โ€So, what have we seen in the market post-pandemic? There have been fewer project launches, and a lot of the โ€œunprofessional opportunistic developersโ€ were pushed out of the market. Oโ€™Sullivan agrees this is โ€œultimately a good thing for the market.โ€Construction and launches now are led by experienced developers. โ€œThey are focusing on real demand, and this is resulting in a healthy mix of local Cambodian buyers, local expat buyers and international investors. Really, what's happened is developers post-COVID have started to meet the market in terms of affordability and quality.โ€He acknowledges that every market is cyclical and has its peaks and troughs in the short term, but over the long term, typically there is always going to be an increase in value.We saw steady growth in pricing pre-pandemic, we saw high peaks in pricing, with some properties selling for over USD $3,500 per square metre - arguably an inflated market.Developers who had launched pre-pandemic and still have stock to sell are reducing prices to match real demand.New developments that are launching now in the market are coming in at the best prices we've seen in a decade.The positive post-pandemic is that a lot of unprofessional developers have left the market, resulting in great property launches and great sales ratesBuyer Trends & Demands Are Changing, and so Have The DevelopersPre-COVID, many of the property buyers in the Kingdom of Cambodia were dominated by Chinese buyers. Currently, there is a shift, and the biggest growing buyer market has been local Cambodians.Oโ€™Sullivan said, โ€œI think it is a huge and positive sign for the market. Developers are now focusing on real demand. We're seeing that the younger generation of Cambodians is really driving this demand and buying for living.โ€This has been driven by the growing middle class and expendable income, improved property education and the young Cambodians who live and work in the capital at least want more of that convenience and to be close to amenities. There is also an evolution of the culture.ย โ€œThey're starting to become or want more independence. The price of condominiums has come down so more people can actually afford to buy closer to the city now as well. So, experienced developers are focused on these areas.โ€There remains strong regional interest and strong demand, and the increased investment in the country is also another factor.โ€œIt's a surprise to many people that from outside the Kingdom, there are brands in Cambodia like BYD and Ford assembly plants, the big four accounting firms are in Cambodia, well-known brands like H&M, Adidas, Nike, and Starbucks are established here and we have many malls.โ€He said on the webinar that once investors look into Cambodia properly, they start to think there is actually great investment potential, which is reflected by the diversity of expats living in Cambodia.There is confidence from Singaporean investors and regional Asia investors, but there are buyers from Western markets like the US and the UK.Buyers from the US, the UK, France, etc. are often Cambodians living overseas, looking to invest in their home country.The fastest growth after Cambodian buyers are from Eastern Europe; Russia, Poland, and other countries in the region.There is a flight to quality, where only trusted quality developers have the ability to launch projects in Cambodia now because they truly understand the market.ย Find out more about where the buyers and renters in the condo market come from.Oโ€™Sullivan added, โ€œWe look forward to bringing different reports to you in the future. We do believe we've got the biggest data set for condominiums based on real transactions in Cambodia. And often when I speak to people overseas who don't know much about Cambodia, or even some people here.โ€You can watch the full webinar for more information on where and what renters and buyers are looking for in Phnom Penh, the rental returns and case studies of investments in the condo market and much more, including a lively Q&A from potential buyers and investors.You can now access the full resources from the webinar.Webinar RecordingPresentation Slides
dara-sakor-soksan-sakor-land
Dara Sakorโ€™s Soksan Sakor Land Launches 82-Hectare First Phase for Global Investors
July 2, 2025, 2:54 a.m.
Cambodiaโ€™s southwestern coast is opening up to international investors with the launch of Soksan Sakor Land, a new mixed-use eco-tourism development located within the greater Dara Sakor area. The official launch ceremony was held on July 1, 2025, at the Dara Sakor Exhibition Hall in Phnom Penh. The project is developed by Coastal City Development Group and is one of the key initiatives under the China-Cambodia Belt and Road cooperation framework.The project has now entered its first development phase, offering 82 hectares of land for international sale, with the goal of transforming Dara Sakor into a sustainable, health-focused tourism and residential destination.What Makes Dara Sakor Unique?Soksan Sakor Land is part of a much larger 1,994-hectare ecological zone within Dara Sakor, an area known for its unspoiled natural landscapes. The region includes a wide range of natural features:Crystal-clear coastal watersBotum Sakor National ForestOne of the worldโ€™s largest mangrove reservesOver 90 kilometers of undeveloped beachfrontIn addition to its beauty, Dara Sakor also boasts excellent air quality year-round, with PM2.5 levels below 6.5 and a high level of natural oxygen ions, making it ideal for those looking to invest in a wellness-based living environment.Planning for Sustainable LivingThe first 82-hectare zone is designed around the concept of โ€œDream Lake Life Oasisโ€. This demonstration area combines community planning with personal space, featuring:One large central cluster serving 6,000 to 9,000 residentsFour smaller, private neighborhood zonesA 2.5-kilometer teak lakeside trailFour themed gardens: Acacia Garden, Sakura Garden of Illusion, Wooden Lotus Garden, and Wind Chime GardenThis layout allows residents and visitors to experience a balanced lifestyle, where nature, leisure, and community blend together.Land Options for Different Investment LevelsThe first product launched this time has attracted high attention from guests. Mr. Ethan Liu introduced the overall planning of 707 plots of land for the project, with a total land area of 462,400 square meters. Through a 54.68% land yield design, the project achieves a three-dimensional balance between ecological protection, high-end supporting facilities, and land premium.ย The three major product systems cover different investment needs: 111 flagship plots of 2000ใŽก for brand developers, suitable for commercial complexes and theme hotel development; 118 standard plots of 600ใŽก attract small and medium-sized investors, which can be used to create boutique B&Bs and cultural and creative workshops; 478 economic plots of 300ใŽก are positioned as vacation villas and community facilities, with low threshold design making inclusive investment possible.Why This Project Stands OutWith the rise in demand for nature-based tourism and healthier living environments, Soksan Sakor Land offers a rare opportunity to invest in a large-scale, planned community with strong ecological foundations. The project also benefits from Cambodiaโ€™s growing appeal to foreign investors and tourists, particularly from countries like Russia, Japan, and South Korea, where people are actively looking for warm-weather destinations and โ€œclimate-resistantโ€ investments.By combining untouched nature, modern planning, and health-focused design, this new development aligns with global trends in sustainable tourism and real estate.Looking AheadSoksan Sakor Land is not just about property development, itโ€™s about building a lifestyle around well-being, clean air, and sustainable living. Future phases are expected to expand on this foundation, with more amenities such as international education centers, eco-water treatment systems, and high-end medical services.As Cambodia continues to develop its coastal provinces, projects like this offer long-term value and investment potential, especially for those seeking opportunities beyond the usual urban centers.
Is Buying Off-Plan Property in Cambodia the Smart Move for Investors and Homebuyers?
Is Buying Off-Plan Property in Cambodia the Smart Move for Investors and Homebuyers?
June 26, 2025, 6:20 a.m.
Buying property off-plan is a popular option in the Kingdom of Cambodia, and understanding how these off-plan (or pre-sale) purchases work is important if you are looking at entering the property market.ย We explore some of the key considerations and benefits of buying property off-plan and what due diligence is needed when exploring the idea of buying a condo that hasnโ€™t been built yet.If you are considering buying off-plan property in Cambodia in 2025, you can read the latest expert advice from realestate.com.khIs It Safe to Invest in Cambodian Real Estate?Investing in Cambodian real estate is generally safe and reliable, but like any investment, it carries some risks. If you're considering buying property, Phnom Penh is the best choice as it is the political, cultural, and economic hub of the country, but Sihanoukville and Siem Reap also have potential.Property buyers are attracted to Cambodia, and this applies especially for international buyers, because property can be purchased with 100% freehold ownership, and companies can be 100% foreign-owned.ย  \With a growing population, rapid urban development, and high appreciation potential, the city offers rental returns of 6%-10% per year.For off-plan properties, it's essential to research the developer's background and ensure the land ownership is legally secure. To minimise risks, investors could also consider ready-to-move-in properties, which offer immediate ownership and rental income potential. As we have consistently advised, a developerโ€™s track record and reputation should be a key consideration, and you can assess their on-time delivery and see previous developments.The Cambodian Ministry of Land, Urban Planning, and Construction approved 1,300 construction projects covering 6.68 million sqm of land in the first third of 2025. These primarily were residential buildings and indicated an increase of 18 per cent compared to the same period in 2024, which had 1,099 projects.Nearly 60,000 condo units across 132 projects were added to the supply in 2024, while the supply of serviced apartments is projected to reach just over 10,000 units by 2027.Leading property handovers, which will add as many as 2,000 condo units to the market and are expected in 2025, include:Le Condรฉ BKK1 (1,000+ units)Vue Aston (800 units)Time Square 306 (350 units)A total of over 9,000 condominium units were originally scheduled for completion this year. The Ministry of Economy and Finance and the Royal Government have also extended additional incentives for stalled building projects in Preah Sihanouk province.Find out more useful information on the Payment Options Guide for Buying Properties in Cambodia.Property Types in CambodiaCambodia continues to offer a wide variety of properties, including apartments and condos, terraced houses, shophouses, townhouses, villas, traditional wooden houses and colonial villas.Condos remain the most popular choice for foreign property buyers due to the diversity of availability, ease of purchase and legality for foreign property owners in Cambodia.What Does Buying A Condo "Off-Plan" Mean In Cambodia?Buying off-plan means purchasing a property before the condoโ€™s construction is completed, and in many cases, even started.ย As a buyer, you would be expected to sign a contract based on seeing the architectural and marketing plans, and be advised of the expected completion date. The payment terms are usually flexible or made in instalments based on construction progress.This approach is especially common in Cambodiaโ€™s new condo developments, and one of the benefits for buyers is the potential price discounts and preferred unit selections.What you need to consider are any potential changes to terms, and as is common globally with construction, there is the possibility of delivery delays. ย Always check what clauses developers may include in contracts that allow them to postpone delivery without penalty.ย What Off-Plan Condos Are Popular in 2025The Market Analysis 2025 โ€“ Cambodia Condominium Report from Realestate.com.kh indicates there is a strong preference for central Phnom Penh locations to buy condos, and Boeung Keng Kang 1 (BKK1) is again the most desirable location.Preferences from buyers of condos in Phnom Penh were towards 1-bedroom units due to their affordability, ease of rental, and strong appeal to singles and couples. Preferences as a percentage are as follows:One-bedroom condos - 61%ย Two-bedroom units - ย 20.5%Studio rooms - 10.1%Three-bedroom units - 8.4%Some of the ways in which developers have evolved in changing economic and market conditions, as well as investor preferences, are by offering payment terms that might include up to half of the payment only being due on completion to ease buyer risk during the construction phase and help build confidence. There have also been changes in the pricing models to better appeal to a broader pool of buyers, domestically and overseas.A condoโ€™s location, and those as part of mid-to-high-end developments, continue to attract investors seeking both capital growth and rental income.Top Four Most Popular Areas To Buy Property in Phnom PenhWhat is the Condo Off-Plan Buying Process?The process to buy a condo off-plan in Cambodia would take place in the pre-launch phase of a new development. The developer may still be finalising permits, designs, and other assessments and offer units at attractive prices.If you do select a condo unit off-plan, the following steps are generally:ย Sign a sales agreement, which should include the purchase price, unit details, and payment terms.Pay a deposit, which will vary project to project and can be from 10-30%.If there are flexible payment terms, you would pay in phases, which are aligned with construction progress.Final settlement & handover occurs once the property is completed, and the remaining balance would need to be paid - you would then receive ownership and keys (there should also be a snagging phase when you can check the property and identify any flaws which may need addressing).ย Off-plan property buying in Cambodia can be beneficial for a buyer to secure attractive prices, an opportunity to customise property, and in prime locations. You need to take precautions and due diligence, but it's a proven method to secure your dream condo in Cambodia.It can also be an excellent way to maximise your investment potential in Cambodia's vibrant real estate market, but always consider the potential pros and cons and stay informed about market conditions.
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Tips When Looking For Condo Investment in Cambodia
June 23, 2025, 3:23 a.m.
Over the years, the appeal of investing in condominiums has emerged as a popular way to generate income and grow wealth. Condominiums are investments with the advantages of property ownership without the complexities of managing a standalone house.ย However, what is the best strategy when it comes to condo investment? An Off-plan development or a completed project? Capital appreciation or returns? In this article, Realestate.com.kh will share a guide on how to maximize your returns when considering buying a condo for investment.ย Condo Investment: Secondary Market (Completed Projects) and Off-Plan DevelopmentAs you navigate the choices available in the market, you'll frequently encounter two primary options: second-market properties and off-plan development. Second-market properties are existing properties available for purchase, while off-plan properties involve buying a property before its construction, based on architectural plans, renderings, and promises of what the finished product will look like.Secondary market properties have the advantage of immediate possession, allowing investors to start earning rental returns straight away, whilst an off-plan property may take years to complete.ย Buying off-plan offers the advantage of potentially lower costs and more flexible payment terms due to its pre-construction status. It also provides greater flexibility in terms of customisation during the construction phase, as opposed to potentially renovating a completed property as a strategy to increase property value and rental income.Additional reading: The Definitive Guide to Off Plan PropertyBoth secondary and off-plan condominiums in Cambodia generally increase in value over time. However, this is more evident in off-plan properties as the more recently finished and under construction projects offer all the modern amenities and services.ย Market TrendsReal estate is a market where demand fluctuates depending on its dynamics. When a high number of buyers are in the market seeking property to live or invest in, the price tends to rise and be more competitive, whereas when the market sees fewer buyers, sellers will be more open to negotiation, resulting in an opportunity for good deals for investors.ย Understanding current and future market trends helps investors forecast the best time to buy and sell their properties to maximise their returns. Want data-driven insights? Download the latest Cambodia Condominium Report from realestate.com.kh and stay ahead of the market!Capital Appreciation & Rental ReturnsIn real estate, capital appreciation refers to the increase in the value of a property over time, driven by various factors such as location, demand, and economic conditions. Investors aim to profit from capital appreciation by purchasing properties at a lower price and selling them at a higher price in the future.ย On the other hand, rental returns, also known as rental income or yield, represent the income generated by renting/leasing out a property to tenants. This income is typically a percentage of the property's value and can provide a steady stream of cash flow for real estate investors.ย By choosing an effective strategy, investors can benefit from either depending on the market trend in a particular location.ย Target AudienceCondominiums include a diverse range of unit types, with studios and one-bedroom units often appealing to single occupants or professionals, while larger families tend to favour two-bedroom units up to penthouses for greater space.ย Once you've pinpointed the audience, it becomes essential to align their preferences with the property's features. For instance, families typically require more room, whereas studios and one-bedroom units suit single workers or those who don't spend much time at home. Nowadays, tenants might seek a single bedroom when looking for a property. Properties with amenities such as cafes, gym, convenience stores, or spa are a plus. The types of units might attract a higher range of buyers or renters.ย Generally speaking, it is important to see the demographics of each country to see the trend in how people choose to live in a particular country. For instance, in Cambodia, condo living is preferred by expats working in the Kingdom due to its convenience and short-term commitments they offer.ย Further Reading: Where Do Cambodiaโ€™s Condo Buyers Come From?Location MattersRegardless of which country you are living in, there exist some areas with preferences when it comes to living. Therefore, choosing the right location is the number one priority when considering a condo investment.ย Proximity to shopping centres, schools, healthcare facilities, and transportation hubs significantly enhances the property's attractiveness to potential tenants and buyers. The condo's accessibility to job centres and business districts also contributes to its demand.ย In Phnom Penh, BKK, Tonle Bassac, Dauh Penh, Chamkarmon, Sen Sok, and Toul Kork are popular, highly sought locations as they have established themselves as vibrant hubs with excellent connectivity, modern amenities, and a diverse range of dining, entertainment, and shopping options.ย Further Reading: Cambodia Condominium Report - Where And In What Are Buyers & Renters InterestedDeveloperโ€™s Reputationย Whether it is a secondary market or off-plan development, the developer behind the project provides insights into the property's historical context. It reveals their commitment to delivering not just projects but quality construction.ย Given that residential buildings significantly impact one's quality of life, opting for a poorly constructed property could lead to a low property value and a tarnished developer reputation, therefore scepticism when seeking to rent or resale.ย Reputable developers often introduce Guaranteed Rental Returns (GRR) and Guaranteed Buyback (GBB) programs to underscore the quality of their projects. In brief, a GRR signifies the developer's commitment to renting out the property on your behalf, ensuring a fixed rental income for a specified period following the property's acquisition.ย Meanwhile, a GBB involves the developer agreeing to repurchase the property from the investor after a predetermined period, often at a set price. When purchasing a condo, both of these schemes are worth looking into to maximize your returns on investment.ย Strategy For Rental Or Resell With Real Estate PlatformNow that you have bought your condo, it is time to put it to work. First, it is essential to establish if you wish to rent or resell the property.ย Pricing too high may deter potential clients, while pricing it too low could result in missed income opportunities. To find a suitable price range, it is preferable to deal with a real estate agency or platform that helps provide an accurate market price depending on the propertyโ€™s location, size, condition, and amenities.ย In addition, the real estate platform will also market your property, which will be visible to a larger audience. In this way, your property, regardless of your goals to rent or sell, will attract enquiries from a potential buyer or tenant. So, choosing a reliable platform with a steady amount of visitors is essential when seeking to maximize your returns on investment.ย List your property on realestate.com.kh to reach thousands of buyers and renters across Cambodia! Contact us today!๐Ÿ“ž +855 92 92 1000๐Ÿ“ง info@realestate.com.khOr come and visit us at The Connect Center- Opening hours9:00 - 5:00 ย Monday-Fridayย 10:00 - 5:00 ย  ย  ย  ย Saturday - Sundayย Location: #306BCD, Monivong Blvd (93) Sangkat Chakto Mukh, Khan Doun Penh, Phnom Penh