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Top 3 Ways Tourism And Investment Boost the Cambodian Property Sector
Top 3 Ways Tourism And Investment Boost the Cambodian Property Sector
May 4, 2025, 5:55 a.m.
The tariff turmoil continues to make global markets uncertain, and economic outlooks are reassessed in light of the uncertainty, but strategic planning and long-term investment remain key for growth rather than focusing on short-term challenges.Moody’s Ratings has cited heightened external pressures linked to global trade uncertainties and domestic economic challenges, and its forecast also suggests that Cambodian GDP growth could be cut from 5.3 per cent for 2025 to 3.3 per cent if the current suggested US tariff imposed on Cambodian goods remains in place.But a three-pronged approach in encouraging investment, developing infrastructure and connectivity, and increasing tourism (not just quantity but higher-spending visitors), all are positive outcomes for the Cambodian property sector.If You Build It, Will They Come?A play on words from the famous 1990s film Field of Dreams, the focus of building with the hope of attracting buyers and investors has evolved in the Kingdom and globally. But increased connectivity and major transport links do support the construction market.Most recently, the largest infrastructure project in the Kingdom, the Funan Techo Canal, was again in the spotlight but seemed to have some reprieve with China and Cambodia signing further agreements on its construction, which is hoped to underpin a massive change in the Kingdom’s place as a regional supply chain and logistics hub.Another project touted is a high-speed rail network linking Cambodia to China via Thailand or Vietnam, with a US$ $4 billion price tag to develop the high-speed railway project, but for now it's only at a discussion stage.There are several other projects which have been reported on for years. The long-term plan of the Cambodian government between 2028 to 2033 is to develop five more railway projects, as well as an urban railway system in Phnom Penh to accommodate the capital’s rapid growth in urban traffic. By the last count, there had been 3-4 feasibility studies on this, but the funding needed is substantial.On the road network domestically, there are many upgrades with bridges and infrastructure improvements underway. The latest addition to the capital is the Morodok Techo Overpass. The two-story flyover was inaugurated in April 2025.The reason these connectivity and transport links are key to the property sector is that historically they all lead to new areas of commercial and residential development along the transport routes - the sprawl of the capital to the south in the direction towards the new airport is one such example.Connect The Kingdom To the WorldWe are edging closer to the opening of the new airport in Phnom Penh, which brings with it the usual dose of excitement and trepidation as the Techo International Airport is due to open in July 2025. This follows six years of construction, and the massive airport spans 2,600 hectares, while being located 30 kilometres south of the capital.Charles Vann, director of the airport’s project steering committee, said during one of several media tours that they believe that many passengers are excited by the airport, which is capable of handling up to 13 million passengers a year. Cambodia received around 6.7 million international tourists in 2024Another media report has suggested Cambodia and Australia will focus on launching direct flights, which is said to be following an alleged sharp rise in Australian interest in Siem Reap. The suggestion was that more Australians would visit Cambodia if there were direct flights connecting the countries. Before the pandemic, 45,000 Australian tourists visited Cambodia in 2019, which remains nearly the same today, with the Australian Bureau of Statistics indicating approximately 39,300 Australians visited Cambodia in 2024.Over the past five years, this reporting of increased direct flights to new untapped markets has surfaced several times, and who knows if we are any closer to seeing them materialise But the Techo International Airport is the best hope we have yet of more long-distance carriers flying to Cambodia directly or at least using it as a stopover from other established hubs in the Southeast Asia region.When Huot Hak, Minister of Tourism, met with Australian Ambassador Derek Yip in April 2025, the pair discussed cooperation to promote direct flights connecting the two nations. Mr. Huot Hak has also met with the British Ambassador to Cambodia, Dominic Williams, to discuss tourism destinations, travel facilitation, and promotion strategies, as well as Cambodian tourism potential to the United Kingdom.50 Must-Know FAQs for Real Estate Investors in CambodiaCambodia needs to attract more tourists who spend more. Moodys said the same, suggesting that there has been an absence of Chinese tourists despite recovery in tourism to pre-pandemic levels and tourists from neighbouring countries have comparatively diminished tourism receipts. It's not just about how many are coming to visit; more important is how much they are spending in Cambodia.It should be noted that neighbouring Thailand is reported to be shifting its attention to high-spending European tourists as Chinese visitor numbers decline and the Tourism Authority of Thailand (TAT) is collaborating with major airlines to boost flight frequency and introduce new routes from Europe - this has helped increase arrivals from the UK, France, Italy, Germany, Spain, and the Netherlands. For Cambodia, the latest news is a connecting flight to Japan, which the Kingdom has not had since pre-pandemic, but this route is not direct and has a stopover. Air Cambodia will launch its Japanese route between Phnom Penh and Osaka (approved by the aviation authorities) with a stop in Fuzhou, China. The flight will operate four times a week, and October 2025 is being suggested as the launch date.According to the State Secretariat of Civil Aviation, in Q1 2025, Cambodia’s three international airports handled 17,434 flights, which is a 19% increase compared to 2024, while passenger numbers were just shy of two million.Other routes due to be launched in 2025 are:Emirates will start flights between Dubai and Siem Reap in mid-2025, with a stopover in BangkokTurkish Airlines will start direct flights from Istanbul to Phnom Penh with a stopover in Bangkok in December. In October 2025Etihad is also due to begin flying between Abu Dhabi and Phnom Penh.New sea ports are also new entry points for tourism, and the stop-start opening of the Kampot International Tourism Port, which was officially launched on April 21, is intended to better connect tourists to major Cambodian islands, as well as Vietnam and Thailand.Hosting World Class Sport and SportstainmentThe recent announcement that LIV Golf’s International Series will debut at the Chhun On Golf Resort in Phnom Penh from 9-12 October 2025 is a prime opportunity to showcase the Kingdom on the global sporting stage and often to a very lucrative market.The event will feature global LIV Golf stars alongside top players from the Asian Tour and should elevate Cambodia’s status as a golf destination, which will boost the country’s tourism and hospitality industries.Kith Meng, Chairman of Royal Group, said when the news broke, “This event will showcase Cambodia on the global sporting stage, attracting international attention and inspiring local communities to engage with sports. It will also drive growth in our tourism and hospitality industries, while highlighting the rich culture and hospitality of our nation.”It will also bring high-income earners who could be looking at property investments. Just one example where LIV Golf is seen to benefit its host is in Adelaide in Australia, which is the exclusive home of LIV Golf in the country until 2031 and has resulted in increased tourism and economy. The LIV Golf Adelaide event has contributed AU$ 136 million in its first two years and attracted thousands of visitors, while the tournament’s broadcast reaches more than 500 million viewers across 80 territories.From a Cambodian perspective, it aligns with the government’s broader strategy to promote sporting tourism, but its track record to date is patchy. The most recent international event was the SEA Games hosted in 2023, which had some positive outcomes for nation-building but also left lots of opportunity to improve upon marketing the event, logistics and improving the fan experience. The SEA Games 2025 will be hosted in Thailand in December, and it's a great opportunity to showcase Cambodian sports and the country’s potential to the regional market.
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Megakim World Corp Cambodia - Projects
May 2, 2025, 8:15 a.m.
Megakim World Corp is one of Cambodia’s most trusted condominium developers, renowned for delivering projects on time and as promised. Megakim continues to set new benchmarks in urban residential living.Time Square 1 – Completed 2017A 17-storey development in BKK1 offering 78 one-bedroom units, combining modern lifestyle with hotel-inspired amenities. Time Square 2 – Completed 2021Located in Toul Kork, this 30-storey condominium provides 1-3 bedroom units with modern finishes, catering to middle-class residents.Time Square 3 – Completed 2023 A 25-storey mixed-use development in Toul Kork, featuring 280 residential units and commercial spaces, is designed for urban living.Time Square 306 (Time Square 5) – Completion Expected 2025Situated in BKK1, this 45-storey tower offers 350 units with amenities like a gym, infinity pool, and garden deck, ideal for modern lifestyles.Time Square 302 (Time Square 6) – Completion Expected 2027A 48-storey residential tower in BKK1, featuring one and two-bedroom units, rooftop amenities, and entertainment facilities for professionals.Time Square 7 – Completion Expected 2028 A 49-storey high-rise in Toul Kork, offering 700 modern luxury condos with 1-3 bedrooms, close to shopping centers and educational institutions.Time Square 8 – Completion Expected 2028Located in Toul Tum Poung 1, this 50-storey condo provides 700 units with premium amenities, minutes away from key city landmarks.Time Square Gatsby 9 – Launching 2025 An upcoming project in BKK1, inspired by 1920s elegance, aiming to offer sophisticated living spaces for discerning buyers.Time Square 10 Ocean View Sihanoukville – Launching 2025Planned for Sihanoukville, Time Square 10 promises ocean-view condos, expanding Megakim's footprint to Cambodia's coastal city.- Contact us now via- 📞+855 92 92 1000📧 info@realestate.com.khOr come and visit us at The Connect Center- Opening hours9:00 - 5:00  Monday-Friday 10:00 - 5:00 Saturday - Sunday Location: #306BCD,Monivong Blvd (93) Sangkat Chakto Mukh, Khan Doun Penh, Phnom Penh
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Time Square 10 Ocean View Sihanoukville
May 2, 2025, 7:02 a.m.
Launching this June, Time Square 10 Ocean View is the newest addition to the Time Square portfolio by Megakim World Corp. — Cambodia’s trusted name in condominium development. Perfectly positioned at the entrance to Otres Beach, right next to Brown Coffee, this exciting new project brings a rare opportunity to own a well-located, amenity-rich holiday home in one of Cambodia’s most iconic seaside destinations.A New Chapter for SihanoukvilleWhile Sihanoukville has had a checkered past, a clear resurgence is now underway. Since the opening of the Phnom Penh–Sihanoukville Expressway, thousands of Cambodians are once again flocking to the coast. The city has become more accessible than ever — making weekend getaways and second-home living a realistic choice for many.From Starbucks to Brown Coffee, major brands have returned, signaling renewed investor and consumer confidence in the coastal city.Why Otres is the FutureWhile the government works to clean up central Sihanoukville, the real lifestyle shift is heading south toward Otres Beach — a naturally beautiful, less congested area that’s fast becoming the new heart of leisure, tourism, and beachfront living.Time Square 10 Ocean View is located at the entrance to Otres, right next to Brown — giving buyers unbeatable access to the area’s best emerging attractions and weekend energy.Not Just a Condo — A Lifestyle DestinationTime Square 10 is designed for modern holiday homeowners, investors, and lifestyle seekers alike.Buyers can expect:A beach club with rooftop viewsWellness center and relaxation zonesFull lifestyle amenities and 24/7 securityCafés, coworking spaces, and onsite retailAffordable price points without compromise on qualityWhether you're looking for a personal escape or a smart investment, Time Square 10 delivers comfort, convenience, and long-term appeal — all just steps from the sea.Why It MattersSihanoukville is more than just Cambodia’s beach capital — it plays a vital role in national infrastructure, with the deep-sea port, international airport, and special economic zone (SEZ) driving long-term growth.And with a growing appetite among locals for short-stay escapes and long-term second homes, the demand for beachfront property is real. Time Square 10 Ocean View meets that demand with the right location, pricing, and vision — delivered by a developer known for finishing what they start.📩 Register your interest today to secure early access to Time Square 10 — launching this June.*Click here
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Understanding the Sales and Purchase Agreement (SPA) in the Cambodia Real Estate Market
April 30, 2025, 8:49 a.m.
Based on the civil code of Cambodia, a contract is an agreement where two or more persons are willing to cooperate to make, modify, or cancel obligations.  Additionally, the sale and purchase agreement (SPA) is the contract between the buyer and seller, whereby the seller is responsible for giving the buyer title or other rights to the property being sold, while the buyer must provide the seller with the sale price in return. This contract can be made through mutual agreement, either verbally or in writing. However, by law, the contractual purchase of real estate is required to be in writing. The Civil Code does not detail the information stated in the contract of sale of real estate, especially when selling and buying houses.So what’s typically included in a Sales and Purchase Agreement (SPA) in Cambodia?As said, a Sales and Purchase Agreement (SPA) is a legally binding contract between the buyer and seller that outlines the terms of a property transaction. While the exact content can vary based on the developer and buyer’s conditions, most SPAs in Cambodia generally include the following:Parties InvolvedDetails of the buyer and seller, including legal names and identificationProperty DescriptionClear information about the property (its type, location, size, and ownership title, in order to avoid any uncertainty)Sales Price & CostThe agreed sale price, payment currency (usually USD), and who covers related costs like taxes, legal fees, and transfer chargesPayment Method and Schedule Clarify the payment method that both parties agreed on. Typically split into stages: a deposit, a payment at signing, and the balance after ownership registration. Payment terms may also include refund conditionOwnership TransferOutlines who is responsible for registering the ownership (often with MLMUPC) and the timeline for transfer completionHandover TermsSpecifies when and how the property is handed over—usually after full payment—plus any warranties or post-handover support**Under Cambodian law, SPAs for immovable property must be in notarized form (Civil Code Article 336)**Given the legal and financial significance of the SPA, it's important that the document is reviewed carefully and notarized, as required by Cambodian law. Buyers, especially those purchasing pre-construction or off-plan properties, should pay close attention to payment terms, transfer timelines, and any developer obligations post-handover.To ensure your property transaction is safe, compliant, and transparent, always work with a licensed real estate agent and consider consulting a legal advisor. Realestate.com.kh is here to help guide you through the process, ensuring that your property transaction will be safe, compliant, and transparent as always!-Contact us now via- 📞+855 92 92 1000📧 info@realestate.com.khOr come and visit us at The Connect Center- Opening hours9:00 - 5:00  Monday-Friday 10:00 - 5:00        Saturday - Sunday Location: #306BCD,Monivong Blvd (93) Sangkat Chakto Mukh, Khan Doun Penh, Phnom Penh
Top Four Most Popular Areas To Buy Property in Phnom Penh
Top Four Most Popular Areas To Buy Property in Phnom Penh
April 29, 2025, 2:26 a.m.
Phnom Penh is forever expanding in all directions, with new areas earmarked for development as massive infrastructure projects also determine the direction of the urban sprawl from the city. However, there remain some constantly popular areas in Phnom Penh for property buyers. We look at the four most popular areas to consider buying in and what developments are underway.Boeung Keng Kang (BKK)BKK1 remains a core investment area and the most popular for property buyers in Phnom Penh due to a number of key factors, but its location, access and range of amenities and surrounding F&B, nightlife and retail availability are all important considerations. With the proximity to international schools, shopping centres, dining and entertainment, BKK is the top choice for expats and investors despite demanding the highest property prices.Boeung Keng Kang 1 remains the beating heart of expat life in Phnom Penh, and with the benefits of relative modern infrastructure, vibrant lifestyle great selection of international restaurants, as well as luxury apartments - the area is highly sought after and there is a strong rental demand and steady property value appreciation which are all property investment benefits.As a prime real estate hotspot that seamlessly blends tradition with modernity, some of the new condo projects under development in BKK1 include: Le Conde BKK1, Time Square 5 (Time Square 306),  Picasso Sky Gemme, and J Tower 3.The area is a popular choice for expats and international workers, it is a preferred choice for families, and due to its proximity to embassies, corporate offices, and major commercial centres attracts higher-income earners.For investors looking for high rental yields and long-term capital appreciation, BKK is still one of the best areas in Phnom Penh to secure a solid real estate investment.Find out more about why BKK remains such a hotspot for investment and property buyers.Tonle BassacNot far away is Tonle Bassac, which is an affluent neighbourhood offering luxurious condominiums and villas, some of which offer panoramic views of the Tonle Bassac River. The area, similar to BKK1, appeals to property investors who want to prioritise its location as it is close to the central business district and upscale shopping malls in the capital.J Tower 3 is a new development in Tonle Bassac and is set to be one of Cambodia’s tallest buildings, standing at 77 floors. This luxurious development offers a starting price of 360,000 USD for significantly larger, more livable apartments, whereas some high-end three-bedroom units in Phnom Penh have a starting price tag of half a million US dollars.In terms of investment potential, Tonle Bassac can have slightly lower prices than BKK1 and represents a growing opportunity for investors with increasing demand contributing to rising property values, but within a neighbourhood boasting modern amenities that comprises expats and affluent locals.Toul Tom Poung (TTP or Russian Market)TTP, as the area is still most commonly referred to by expats living in the Cambodian capital, has changed dramatically over the past decade and still offers affordable housing and a vibrant lifestyle within a congested area that is surrounded by areas that are all improving in terms of amenities and property options.As and alternative area to consider buying and living in, one key consideration would be the commute as TTP is located to the south of the city and best served if already working in the area but it has been increasingly considered a prime location resulting in growing popularity among expatriates due to the huge number of bars, cafes, and restaurants which makes the area nearly a self-contained community that can still relatively reach areas such as BKK and towards the southward expansion of the city in the direction of the new airport under construction.Boasting a cosmopolitan community of locals and expats, within a short walk are a range of schools (local and international), supermarkets and a well-developed infrastructure that caters to a wide range of residents. One of the centrepieces is the popular Russian Market itself, which is known for its bustling and vibrant atmosphere.Toul Tom Poung offers a more affordable alternative to BKK1 and Tonle Bassac, and one example of a modern condo development is Time Square 8, which will reach 50 floors and offers onsite a BBQ Yard Pavilion, gym, swimming pool, sky lounge with city views, concierge services, and 24/7 security. Residents will also have access to amenities such as an amphitheatre and a  floating bar.Land prices in Toul Tom Poung typically range from US $1,600 - $7,300 per square meter, which is more affordable compared to Boeung Keng Kang, where prices range from $2,800 to $10,000 per square meter (based on Why Cambodia 2023 from realestate.com.kh). Toul KorkToul Kork is located to the northwest of the city and, like most of the city, has been undergoing gradual transformation and has developed into a residential and commercial district favoured for its modern infrastructure and amenities as well as its proximity to a number of schools and universities.The Toul Kork area is less congested than some other popular areas and does attract both local and international investors looking for long-term growth and as such has become a top choice for condo investment as there is better accessibility, modern living standards, and better affordability compared to central Phnom Penh - but again location needs to be considered. Although transport infrastructure is constantly evolving, the area can be subject to peak traffic at peak travel times.From a rental perspective, there remains strong demand and capital appreciation potential, as the area has access to the airport, business districts, schools, and hospitals. Its evolution means it is attractive to both locals and expats, and several wealthy families live in the area in expansive villas.As a sought-after residential and commercial district, Tuol Kork can offer great potential for long-term growth and rental income, and one such new project is the Time Square 7 development. Time Square 7 is located centrally in Toul Kork and close to major shopping centres (Samai Square, TK Avenue Mall and Khalandale Mall), schools and hospitals.Another newer development is The Royal Platinum Condominium, which is a high-end mixed-use development located in Toul Kork.One reason expats suggest Tuol Kork as an ideal area to live is that it is more spacious than BKK1, for example, and more affordable, and although further away from central nightlife areas, it is much quieter.Condominium prices in Toul Kork vary, and land prices in Toul Kork can range from approximately US $1,900 - $6,100 per square meter.Chroy ChangvarChroy Changvar has become one of Phnom Penh’s most rapidly developing districts and is in our top four areas in Phnom Penh to consider buying property in.Strategically positioned just across the Tonle Sap River from Phnom Penh’s central districts, it is increasingly becoming more accessible with new bridges and roads being built as part of the capital's infrastructure development, meaning it is highly connected to both Phnom Penh’s business hubs and as a getaway to the surrounding provinces.The Cambodian government is actively promoting Chroy Changvar as a key development zone, and some of the development includes new government offices, private investments, hotels, residential properties, new commercial centres and retail spaces. There are plans for a public transportation system to further increase the attractiveness of properties in the area for both investors and residents.The riverside location has attracted upscale residential and mixed-use developments. Such as Wealth Mansion and LA VISTA ONE - the latter is a 140m tall, 41-storey twin-tower located at the intersection of the Mekong and Tonle Sap Rivers with onsite amenities including an infinity pool, a sky bar and restaurant, a sky garden, and fitness facilities. There are also two levels of underground parking and a retail podium on the ground floor.Top Property Condo Handovers Expected In Phnom Penh In 2025Urban planners have identified Chroy Changvar as a future commercial and residential hub, envisioning a city that grows both eastward and along the riverbanks. As this vision materialises, property values in the district are expected to climb.
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Xi Jinping’s Cambodian Visit A Sign of Solidarity and Economic Stability
Xi Jinping’s Cambodian Visit A Sign of Solidarity and Economic Stability
May 2, 2025, 6:33 a.m.
Chinese President Xi Jinping made just his second visit to Cambodia and his first trip in nine years from April 17-18 2025 as he and his Cambodian counterparts strived to reaffirm the strong relationship between the two countries in the backdrop of the recent imminent trade war initiated by President Trump and the US government which has destabilised financial markets and put investor confidence on shaky ground.As part of the official visit to Phnom Penh, China and Cambodia outlined a strategic vision for deepening trade, infrastructure, and industrial cooperation between the two countries and Xi Jinping had also sent a message to the Cambodian people ahead of his visit as the Southeast Asian nation was celebrating its annual new year festivities, emphasising the importance of building a “China-Cambodia community with a shared future,” rooted in mutual respect and development.The Chinese visit will also reaffirm the BRI (Belt and Road Initiative) goals and the strategic initiative for the region, as China remains Cambodia’s top investor and trading partner, accounting for nearly a third of its trade volume in 2024.The trade war tariff escalations between the two most powerful and economically strongest countries reached levels of 145 per cent on Chinese imports from the US, which prompted Beijing to hike its levies on US goods to 125 per cent, preceding the trip.On the eve of Xi Jinping's arrival in Phnom Penh, the White House said China could face up to a 245 per cent tariff on imports to the U.S. "as a result of its retaliatory actions," and US President Trump said that China was aiming to "screw" the US. So, what was actually agreed upon on the official State visit between Cambodia and China?Xi Jinping - Southeast Asian Tour a Show of StrengthXi Jinping's tour took him to Vietnam and Malaysia before ending his trip in Cambodia with the intention to shore up support in Asia amid the recent US trade war, and media reports suggested Beijing was "tearing down walls" according to the Chinese foreign ministry as it looks to secure more trade with other countries.The Chinese leader called on both China and Vietnam to "oppose unilateral bullying and uphold the stability of the global free trade system" while he was in Vietnam, where the two countries signed 45 cooperation agreements varying from supply chains, artificial intelligence, joint maritime patrols and railway development. Xi Jinping met with Vietnamese Prime Minister Pham Minh Chinh and other senior dignitaries. China’s trade with Vietnam has nearly doubled between 2017 and 2024, and the Chinese leader attended the launch of the Vietnam-China Railway Cooperation (a US $8 billion rail project) intended to link Haiphong port to the border with China which is seen as a vital link as the rail line will run through some of Vietnam's key manufacturing hubs.China and Malaysia then announced the signing of a total of 31 MoUs on Xi Jinping's visit to Malaysia, after he met with the country's King, as well as its Prime Minister Anwar Ibrahim. The agreements cover a range of industries and cooperation, including trade and tourism, railway transportation and agriculture.Regionally, there will be some concerns too as the SEA trading bloc, has overtaken the US and the European Union as China’s largest export market since 2023, according to Chinese customs data, and region could be flooded with cheap products if they don't end up in the US market which will offer competition for local product lines.Why The Chinese President’s Visit To Cambodia Will Calm The Investment ClimateOn the eve of the visit, on 16 April 2025, the Council for the Development of Cambodia (CDC), led by H.E. SUN Chanthol, Deputy Prime Minister and First Vice President of the CDC met virtually with Ambassador Jamieson GREER, United States Trade Representative, to discuss the trade tariffs with the US.The US had imposed a 10 per cent tariff on imports from all countries and temporarily paused additional "reciprocal" rates set individually for each country, depending on the trade barriers faced by the US to allow time for negotiations on new deals. Cambodia, when the rates were first announced, would have been the highest globally (a 49 per cent "reciprocal" tariff).Before the arrival of Chinese President Xi Jinping, Meas Soksensan, spokesman for the Cambodian finance ministry, told Reuters, "We expect more cooperation, including on infrastructure development." Xi Jinping had audiences with His Majesty the King and Her Majesty Norodom Monineath Sihanouk, the Queen-Mother, at the Royal Palace, with Hun Sen, President of the Senate of the Kingdom of Cambodia, and Hun Manet, Prime Minister of the Kingdom of Cambodia.Some of the areas in which China wanted further cooperation included advanced manufacturing, green development, and the digital economy as part of the need to safeguard multilateral trade systems and ensure the resilience of regional industrial and supply chains and to encourage inclusive economic globalisation and resist protectionism.China and Cambodia have a close relationship, and the Chinese have funded some of the biggest infrastructure projects in the Kingdom. These include the Funan Techo Canal, which was launched to much fanfare in 2024, as well as the new airport due to start operations in the Cambodian capital in July 2025, and the Tonle Bassac River Bridge, to name but a few.Other major completed projects which Chinese companies have funded are the Phnom Penh-Sihanoukville Expressway, Siem Reap Angkor International Airport, the Kingdom’s largest power plant, and the Morodok Techo National Stadium, which was used when Cambodia hosted the SEA Games for the first time in 2023.On the southern coast, much of Sihanoukville has been transformed by Chinese-funded projects, notably the Sihanoukville Special Economic Zone (SSEZ), which is jointly developed by both countries. More than 200 international companies operate in the SSEZ, which the Cambodian government has been saying for some time will play a major role in diversifying Cambodia’s economy and upgrading its industrial capabilities. This also comes on the back of Beijing signing no new loans to Cambodia in 2024, as had been reported by official data from the Cambodian government.What Was the Outcome of Xi Jinping’s Visit to Cambodia?China and Cambodia already have the China-Cambodia Free Trade Agreement, and China has been Cambodia’s largest trading partner and source of foreign investment for some time. The Cambodian agri-sector is heavily reliant on China as an export market for a range of products, too.Xi Jinping praised the China-Cambodia “Diamond Hexagon” cooperation framework, which includes politics, production capacity, agriculture, energy, security, and people-to-people exchange.Cambodian Prime Minister Hun Manet said on the morning of the visit, “This visit will demonstrate the importance and the strength of Cambodia-China relations. Cambodia-China friendship is historical and enduring. Our two countries have continuously enhanced and expanded our relations and cooperation in all fields,” emphasising that the two countries are jointly working under the Diamond Cooperation Framework and building a Community with a Shared Future for common interests.Comprehensive Strategic PartnershipUnsurprisingly, the State visit reaffirmed their commitment to the “iron-clad friendship” as well as the Comprehensive Strategic Partnership and the labelled win-win cooperation between the two countries.There was a joint statement on building an All-Weather Cambodia-China Community with a Shared Future in the New Era, focusing on implementing the three global initiatives proposed by China.Ultimately, Cambodia and China signed 37 agreements while recommitting to six areas with a range of areas covered (much like in Malaysia and Vietnam), such as global security cooperation promotion, education and human resources development, agriculture, industrial and supply chains, development assistance, customs, quarantine, health, tourism, media etc.China also agreed to support Cambodian mine clearance efforts and development initiatives involving roads, rural areas, water systems, and electricity infrastructure.The MoUs did not provide too many specifics (as they rarely do).Both agreed to the Diamond Cooperation Framework with a commitment to fast-tracking the Industrial and Technological Corridor and the Fish and Rice Corridor.China further reaffirmed support for the Sihanoukville Special Economic Zone and supports Cambodia working toward its goal of becoming a high-income country by 2050.An ongoing commitment to the Chinese-backed Sihanoukville Special Economic Zone, the One China policy.Confirmation of 2025 being recognised as the Cambodia-China Tourism Year, which involved both sides jointly developing tourism routes, the promotion of tourist destinations, and strengthening cooperation in tourism safety.Geopolitically, Cambodia also agreed that Taiwan is an “inalienable” part of China's territory, and expressed “ opposition to any attempts of interference in the internal affairs of China”, while recognising that the “issues of Xinjiang, Xizang, Hong Kong and Taiwan are purely domestic matters”. The latter is not a new stance, but could be picked upon by the US in their views of tariff negotiations for the Southeast Asian nation.On the issue of scam centres and cybercrimes, the Cambodian Ministry of Foreign Affairs and International Cooperation ministry said China praised Cambodia's efforts in “clamping down on illegal online gambling and online fraud, and committed to strengthening coordination and cooperation in law enforcement to combat cross-border crimes, including illegal trans-boundary gambling, illicit drug trafficking, people smuggling, and counterfeiting.” China recommitted to promoting the construction of essential supporting infrastructure, including transportation systems, power and optical cable networks, warehousing and logistics facilities.On the final day of the State visit, there were further signed agreements relating to commitment from China on large-scale projects such as the Funan Techo Integrated Water Resources Management Project.H.E Sun Chanthol presided over a signing ceremony of five agreements with Mr. Wang Tong Zhou, President of China Communications Construction Company (CCCC), with the participation of HE the Minister of Public Works and Transport and several other members present reported the Cambodia Ministry of Information.
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Why Wood Flooring Was the Perfect Choice for The Connect Center
April 22, 2025, 7:52 a.m.
The Connect Center by Realestate.com.kh is a community space where people can learn more about buying, selling, or investing in property. It’s not just a showroom for buyers, an exhibition place for developers, or a space for affiliates — it’s a place for everyone to get inspired and connect. One thing that makes the Connect Center stand out is our beautiful wood flooring. Wood flooring is a classic and stylish choice for any home. It brings natural beauty, long-lasting durability and can even boost the space’s value as well. To make sure the floors looked great and lasted a long time, Realestate.com.kh has specifically chose to work with AHF-Fine Flooring (Cambodia) Co., LTD.AHF-Fine Flooring also emphasizes craftsmanship and sustainability. Their installations come with guarantees of quality and durability, ensuring that every project meets the highest standards. Whether you prefer classic solid wood or modern engineered options, AHF-Fine Flooring provides tailored solutions for all property types.Here’s why we picked AHF: The flooring is imported from the United StatesPrices range from $18 to $50 per square meterMany styles to choose fromStrong and eco-friendly materialsReady to transform your space with the warmth and elegance of hardwood flooring?Come visit us at the CONNECT Center to see and feel our beautiful flooring samples in person. Our team is here to help you find the perfect fit for your home or project.Prefer to chat first? Contact us today at 092 92 1000 for a personalized consultation!The Connect Center- Opening hours9:00 - 5:00 Monday - Friday 10:00 - 5:00 Saturday - Sunday Location: #306BCD,Monivong Blvd (93) Sangkat Chakto Mukh, Khan Doun Penh, Phnom Penh
4 Reasons To Consider Buying In Koh Pich
4 Reasons To Consider Buying In Koh Pich
April 7, 2025, 3:40 a.m.
Koh Pich and its Central Business District (CBD) are seeing ongoing development and innovation. Nestled between the confluence of the rivers in the Cambodian capital, the area known as ‘Diamond Island’ in English, is centrally located adjacent to Boeng Keng Kang I and linked by bridges to key growth areas of Phnom Penh.The well-known local conglomerate Overseas Cambodian Investment Corporation was approved to develop the island into a commercial and residential hub in the mid-2000's and since then, apartment complexes, residential homes, office buildings, commercial buildings, schools, hospitals, entertainment areas, parks, wedding halls, a theatre, as well as convention hall have been developed. Koh Pich has often been the venue for Realestate.com.kh popular Property and Lifestyle EXPO and the construction of the “Mekong Quay City” and potential new bridges means the area is becoming increasingly accessible.1. Location, Location, Location - Koh Pich Is Well Interconnected To The CityKoh Pich can be easily accessed by its various bridges but has also found room to expand as new development hubs have gotten underway nearby.Koh Norea and Norea City are situated east of Koh Pich along the Tonle Mekong River and are key development areas in Phnom Penh. It is connected to the city via Koh Pich and Preah Norodom Boulevard and boasts excellent accessibility, with proximity to Chbar Ampov and major roads like National Road 2. Norea City is becoming a vibrant hub for both residential and commercial developments and as it is also developed by the OCIC, their planning to connect their development areas will be beneficial.The new bridge linking Norea City to Koh Pich also enhances accessibility and boosts the value of both areas and the expansive development is part of a massive USD $2.5 billion project, over 125 hectares of land.Koh Pich as an island is not only a residential hotspot but also a cultural and economic hub in Phnom Penh. The Koh Pich Exhibition Center regularly hosts major events such as trade fairs, corporate expos, weddings, and cultural celebrations, attracting thousands of visitors. The growing number of trendy cafes, fine dining restaurants, and entertainment venues has turned Koh Pich into a popular destination for both leisure and business.And within a short distance are the likes of the AEON 1 Mall, the main Phnom Penh Sisowath Quay riverside and of course the popular Boeung Keng Kang.2. Koh Pich - A Variety of Property DevelopmentsKoh Pich district has more than 700 businesses and is within walking distance of parks, river walks, office spaces, and an increasing number of restaurants, cafes and entertainment venues.You can find out more about some of the Top Property Condo Handovers Expected In Phnom Penh In 2025Koh Pich features some of Phnom Penh’s tallest buildings and some of the most diverse designs of the various mixed unit and condo developments in the city.Diamond Bay Garden - This mixed-used development in Phnom Penh offers private luxury and contemporary residences with panoramic views over the Mekong, Tonle Sap, and Bassac Rivers and waterfront living in Koh Pich. The 39-story, award-winning waterfront Diamond Bay Garden condominium has a swimming pool with views of the Bassac River, Sky Garden & Sky Bar, Gym & yoga room, and a children’s Playground.The top 10 floors of Diamond Bay Garden will be managed by Ascott under the Somerset brand, which is well-suited for business travellers, expatriates, and tourists.The property was the recipient of the Premium Condominium Unit Design Of The Year and Waterfront Condominium Development of the Year at the Cambodia Real Estate Awards 2024.There is also Connexion which is a 'work & lifestyle' sustainable hub in the centre of Koh Pich. They have catered to various events already such as tech and business shows, education fairs, Oktoberfest, fashion shows, and more and plan to expand their flexible workspaces, startup hubs, and learning areas, to enable businesses and communities to connect and grow in Koh Pich.3. Greenspaces & Parks - Koh Pich Central Park Is The Latest AdditionLocated at the heart of the Koh Pich CBD between the Swan Bridge and the iconic Norea Bridge and spanning over six hectares, Central Park is poised to become a new lifestyle area developed by Overseas Cambodian Investment Corporation (OCIC). As part of the group’s sustainability and community-centred efforts in Koh Pich, the area will attract F&B brands, wellness operators, and convenience retailers to a rare green oasis in the capital.Koh Pich already features green spaces and parks such as Coconut Park, Treellion Park and Elysée Garden which all offer great outdoor spaces, a variety of food and beverage options and unique features such as the CIS Rollerdome and other attractions suitable for families.Coconut Park is a popular outdoor green space and a great green getaway for picnics, families, pets, pop-up retail, sports, and community gatherings - the nearby DIB club is also a large outdoor venue which features a massive swimming pool.4. Education On Your Doorstep Koh Pich does not feel like it is a massive expanse but there is so much to enjoy from a potential property buyer’s perspective - especially for those who are looking long-term and with families in mind - there are some top-ranked schools and education available in Koh Pich.The Canadian International School (CIS) of Phnom Penh has its main campus in Koh Pich and has been operating there since 2015.The EFI (Ecole Française Internationale) is a French international school operating since 2016 and shares a campus with the CISDe Montfort University is the first British university to open its campus in Cambodia and opened its doors as recently as 2024 with its main campus located on Koh PichThe continued development and evolution of Koh Pich have piqued the interest of developers, investors, and buyers. Whether it's luxury condos, villas, or commercial spaces, Koh Pich offers diverse opportunities for those looking to invest in Phnom Penh’s booming real estate market.
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J-Tower 3- Built to Meet High Disaster Prevention Standards
April 3, 2025, 8:12 a.m.
Just recently, on March 28th, a powerful 7.7-magnitude earthquake struck central Myanmar, sending shockwaves across much of Southeast Asia, especially in Thailand, where cities like Bangkok and Chiang Mai experienced widespread panic as buildings swayed and, in some cases, collapsed, resulting in many injuries and casualties. Although Cambodia is not situated in an active seismic zone, cities such as Phnom Penh and Sihanoukville reported noticeable swaying. While no damage was recorded, the incident has sparked concern among residents, particularly those living in high-rise condominiums, highlighting growing awareness about the importance of earthquake-resistant construction in urban developments.In light of recent earthquakes in Myanmar and Thailand, questions about building safety and structural resilience have become more important than ever for residents and property investors in the region, particularly in Cambodia, which shares borders with these countries. In response, Tanichu Assestment Co., LTD, the team behind J Tower 3 Condominium, has issued a clear and reassuring statement about the building's structural design, confirming that it was carefully engineered with earthquake resistance in mind.According to Dr. Sok Rasmey, the structural designer of J Tower 3 Condominium, although Cambodia is not located in a major seismic zone, according to the U.S. Geological Survey (USGS), the developers of J Tower 3 have gone above and beyond by integrating performance-based seismic design into the project. This means the building has been structurally analyzed to withstand earthquakes up to a magnitude of 6.0, ensuring long-term safety and durability for all residents.Additionally, the building is designed to handle strong wind loads of up to 170 km/h, verified through a Wind Tunnel Test, which is a crucial step for high-rise buildings in Southeast Asia's climate.The lateral and structural systems of J Tower 3 were designed with both wind and seismic forces in mind, combining engineering excellence with forward-thinking safety standards. This attention to detail highlights the developer’s commitment to resident well-being and long-term building quality.This recent event serves as a timely reminder of why projects like J Tower 3 are setting new standards in structural safety and resilience. For homebuyers and investors looking for peace of mind and future-ready properties, choosing developments with proven engineering and thoughtful design is more important than ever.Explore high-quality developments like this today on Realestate.com.kh — Cambodia’s leading property website for trusted listings and expert insights.–Contact us now!Phone: +855 92 92 1000Email: info@realestate.com.kh
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7.7 Magnitude Earthquake Strikes Myanmar and Shakes Thailand — Why Did Cambodia Escape Major Impact?
April 1, 2025, 3:27 a.m.
A powerful 7.7-magnitude earthquake struck central Myanmar on March 28, sending shockwaves across Southeast Asia and raising concerns about earthquake preparedness in the region. The incident caused widespread destruction in Myanmar, specifically in Mandalay region and other regions such as Sagaing, Naypyidaw, Shan State, and Bago, with buildings collapsing and significant casualties reported as well. In Thailand, cities like Bangkok and Chiang Mai felt strong tremors, causing panic among residents as buildings swayed; in other cases, buildings have also collapsed, causing casualties and a lot of injuries as well. Even in Cambodia, cities such as Phnom Penh and Sihanoukville reported noticeable shaking, although no damage was reported. While the earthquake’s reach was wide, Cambodia once again avoided the worst, thanks to its stable geological positioning. Why Do Earthquakes Happen? Earthquakes are caused by sudden movements of the Earth’s crust, especially along the boundaries where tectonic plates meet. When pressure builds up along these boundaries due to the shifting of plates, it eventually releases energy in the form of seismic waves, leading to an earthquake.Myanmar sits near the boundary between the Indian and Eurasian tectonic plates, making it one of the most earthquake-prone regions in the world. It has experienced multiple major earthquakes in recent history:2011: A quake in Shan State affected parts of China’s Yunnan and Guangxi provinces.2016: A 6.8 magnitude quake damaged over 100 ancient pagodas in Bagan.2022: A 4.6 magnitude quake struck northern Myanmar at a shallow depth of 12km.This latest earthquake had a shallow depth of around 10km with 7.7 magnitudes, making its surface impact especially severe. Shallow earthquakes tend to cause more ground shaking and surface damage.Thailand, which shares a geological connection with Myanmar in the north, also experienced the effects due to the proximity and connected fault systems.Why Is Cambodia Less Affected by Earthquakes? (Picture source from ScienceKonek)In contrast, Cambodia is considered one of the safer countries in Southeast Asia when it comes to seismic activity. This is mainly due to its position away from active plate boundaries. The country lies within the relatively stable interior of the Indochina tectonic block, where there are no major fault lines or significant crustal movements.While Cambodia may occasionally feel tremors from neighboring countries’ earthquakes, the thoughts of experiencing a strong, damaging quake are pretty low.Staying Prepared: The Role of Earthquake-Resistant DesignEven though Cambodia is in a low-risk zone, the tragedy in Myanmar serves as a powerful reminder that preparedness is still essential.As urban development and building density increase in cities like Phnom Penh and Sihanoukville, the potential impact of even a moderate earthquake could be significant. The construction sector must take proactive steps to build resilience into the country’s urban landscape.Key recommendations include:Adopting earthquake-resistant building standards, especially for high-rise buildings, schools, hospitals, and other public infrastructure.Inspecting and reinforcing older buildings, particularly those built before modern construction codes were introduced.Raising public awareness and improving emergency response readiness through drills and education campaigns.A Wake-Up Call for the RegionThe Myanmar earthquake is not just a natural disaster — it is a wake-up call for all countries in the region to assess their readiness and resilience. While Cambodia may be less vulnerable due to its geography, complacency is not an option.Respecting the power of nature means being prepared — planning ahead, building safely, and educating the public. Disaster prevention is not just about reacting; it’s about building a culture of safety that can protect lives and communities when it matters most. Realestate.com.kh extends our heartfelt condolences to everyone affected by the recent earthquake in Myanmar and Thailand. Our thoughts are with the victims, their families, and those who have been injured. Please stay safe — we wish you strength and recovery during this difficult time.
Boeung Keng Kang Remains a Firm Favourite In Phnom Penh
Boeung Keng Kang Remains a Firm Favourite In Phnom Penh
March 25, 2025, 9:19 a.m.
The real estate landscape is diverse in Phnom Penh but Boeung Keng Kang, known more commonly as BKK, has remained the most popular area of the capital and continues to demand the most interest and accordingly, the highest property prices.Phnom Penh still offers relatively affordable property prices compared to Bangkok and Ho Chi Minh City and can yield high rental returns while there remains significant room for capital appreciation. With the city’s emerging market status presenting substantial investment opportunities, top-quality condos and mixed-use developments continue to be added while vital infrastructure projects will try to ensure the city stays ahead of the rapid urbanisation pressures.Cambodia's urban population is growing and this trend is creating demand for housing and commercial spaces, while the general salaries are increasing as Cambodia will leave the “least developed country” in December 2029.Lifestyle and Amenities - BKKPhnom Penh offers property buyers and investors a truly vast range of choices with a mix of traditional and modern lifestyles. In BKK1 in particular, the presence of highly-regarded international schools, shopping centres, and dining and entertainment options combined with the central location has kept BKK as the top choice for expats and investors.The city’s blend of historical sites and modern developments caters to a diverse population while the anticipated launch of the new Techo Takhmao International Airport in July 2025 may further define and shape the city’s growth and population as the capital is better connected to more destinations around the globe - potentially opening up untapped markets.You can read more about Navigating Real Estate Investment Opportunities in Cambodia - 2025 & BeyondCambodian Property Market DynamicsCambodia's real estate market has shown steady growth, notably in Phnom Penh, where property values have been rising due to foreign investment, urbanisation, and a growing middle class. The capital continues to attract both local and international buyers, driving housing demand.Phnom Penh continues to see growth in its real estate market and the city's real estate sector is characterised by a blend of residential, commercial, and mixed-use developments.Land prices are understandably the highest in Boeung Keng Kang, where prices range from $2,800 to $10,000 per square meter (based on Why Cambodia 2023)Cambodia offers relatively affordable housing prices compared to other Southeast Asian countries. As of mid-2024, the average condo price in Phnom Penh is around $2,500 per square meter, with an average annual rental yield of 5.3%.How to Choose a Location in Phnom Penh for Real Estate Investment?Boeung Keng Kang 1 (BKK1) is Phnom Penh’s most vibrant and prestigious neighbourhood and those living in the area include expatriates, business professionals, and affluent locals. The area is home to numerous international schools, top-tier restaurants, high-end boutiques, and essential services, making it an ideal place to live and invest.Foreign investors should consider the following factors when selecting a location in Phnom Penh:City Center vs. Suburbs: The city center offers proximity to business districts, government offices, and entertainment hubs, leading to higher property values and rental demand, but also higher investment costs. Suburban areas provide larger living spaces at more affordable prices, but investors should consider urban infrastructure, amenities, and commuting time.Infrastructure & Development Plans: Future road expansions, public transport projects, commercial hubs, and educational institutions can significantly boost property value.Safety & Environmental Quality: Choosing secure and well-maintained communities is essential. Investors should also consider factors like air quality, noise levels, and neighbourhood amenities.Market Demand & Rental Potential: Locations near corporate offices, business districts, and tourist attractions generally have higher rental demand and stronger investment returns.New Developments in BKK1More than 3,200 condominium units were launched in 2024 in Phnom Penh as well as 240 serviced apartments. The high-end condominium sales prices were around US $2,650 per square meter and there are indications of a competitive environment and comparatively cheaper prices than major cities in the region and a highly competitive cost of entry for incoming buyers.Buying Property In BKK1Foreigners can easily purchase apartments and obtain permanent ownership. According to Cambodian regulations, foreign ownership is allowed for up to 70% of a condominium building. Investors with higher budgets can even purchase an entire floor in a development.In terms of new property condo developments in BKK:Le Conde BKK1 - This award-winning property is in a prime location and has exceptional amenities in the mixed-use luxury development which includes the BKK Avenue Retail Store, a 240-meter sky jogging track, an indoor swimming pool, a fitness centre, a children's play area and a sky garden as well as an infinity pool, and a 24/7 concierge service. Le Condé BKK1 is a 43-story property that features 4 different types of fully furnished units including studio, one-bedroom, two-bedroom and three-bedroom with integrated smart home features.Time Square 5 (Time Square 306) - Also commonly known as Time Square 5, the development’s topping-off ceremony was held in September 2024 as the 45-floor project aims to offer 350 modern, spacious units. The building will provide a lobby cafe, gym, kids’ play area, games rooms, an infinity pool, and a garden deck, designed to cater to a modern lifestyle.Picasso Sky Gemme - Also known as Picasso 2, the 52-floor property was officially launched on 22nd August 2024 and offers a unique blend of art and luxury, inspired by the legendary artist Pablo Picasso. The estimated handover time for these luxury residences is 2028.Picasso Sky Gemme’s 276 units in this luxurious development are designed based on different phases of Picasso's artistic journey, and there will be indoor and outdoor swimming pools, a pet play area, a children’s playwall, a sky running track, a gym and yoga space, and even a glass bridge with many more desirable amenities announced.J Tower 3 - When completed will be Cambodia’s tallest building at 77 floors and the 8th tallest in Southeast Asia, J Tower 3 will ensure top-tier property management with a focus on regular maintenance, efficient services, and 24/7 professional support. Its commitment to excellence enhances both resident satisfaction and investment value.Top Property Condo Handovers Expected In Phnom Penh In 2025Enhanced Infrastructure & Connectivity The urban development means there are several major infrastructure projects, such as new roads, bridges, and the upcoming Phnom Penh International Airport expansion, which boost the city's real estate appeal.The Phnom Penh Department of Public Works and Transport is overseeing the Morodok Techo flyover which is due to open at the end of March 2025 and forms a significant part of the city's ongoing efforts to enhance urban mobility and alleviate traffic congestion.The flyover is strategically located at the intersection of Preah Monivong Boulevard, Royal Cambodian Armed Forces Boulevard, and Samdech Akka Moha Sena Padei Techo Hun Sen Boulevard and will improve traffic flow and reduce congestion in this busy area, contributing to smoother travel and enhanced urban connectivity.The Morodok Techo flyover project is also expected to positively impact the local real estate market by enhancing accessibility and reducing travel times, potentially increasing property values in surrounding areas. This infrastructure development aligns with Phnom Penh's broader urban expansion plans and flood prevention initiatives. As Phnom Penh continues to grow, such infrastructure improvements will play a crucial role in supporting the city's economic vibrancy and quality of life for its residents as well.In addition to the Morodok Techo flyover, Phnom Penh is also anticipating the development of a new Techo International Airport, which will further boost the city's connectivity and economic growth. The new airport, expected to be one of the largest in Southeast Asia, will play a crucial role in supporting Cambodia's tourism and trade sectors.As Phnom Penh continues to grow, investors and homebuyers should consider factors such as market maturity, economic stability, and lifestyle preferences when exploring real estate opportunities With ongoing infrastructure improvements, a free and open economy, and foreign investor-friendly policies, Cambodia’s long-term real estate outlook remains strong and as the supply and demand move toward a more balanced market, property values are expected to rise steadily.
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Time Square 8 Celebrates Ground-Breaking Ceremony!
March 21, 2025, 8:17 a.m.
This morning, another major milestone was achieved for Phnom Penh’s real estate market with the ground breaking ceremony of Time Square 8 in Toul Tumpoung area, Chamkarmorn distinct. Our team at Realestate.com.kh is proud to extend our heartfelt congratulations to the entire Time Square development team on reaching this significant stage.The ceremony brought together key people involved in the project, including developers and special guests. It marked the start of building the structure and showed progress toward creating a landmark in the area. More about the project- Time Square 8 is a 50-story condominium located in the vibrant Toul Tom Poung area of Phnom Penh's Chamkarmon district. Developed by Megakim World Corp., a reputable developer with seven successful projects, this property offers a blend of comfortable living and investment opportunities. The condominium features facilities such as a rooftop pool, gym, cinema, and multi-level parking. It offers a range of unit types from 1 to 3 bedrooms, with floor areas from 47 m² to 111 m². Known for its high ROI and appreciation value, Time Square 8 is an attractive option for investors seeking to capitalize on Phnom Penh's growing real estate market. Our partnership with Time Square reflects our shared vision for elevating comfortable yet easy living standards in Cambodia. Time Square 8 offers a comfortable lifestyle with modern amenities, making it ideal for residents and investors alike. It's affordably priced and located near important city landmarks and entertainment spots, making it a great choice in one of Phnom Penh's best neighborhoods.At Realestate.com.kh, we're excited to see Time Square 8 move forward. We congratulate the Time Square team again on this achievement. We believe this project will set a new standard for quality living in Phnom Penh--------------------Learn more about any of all the 8 projects from Time Square and contact us now!Phone: +855 92 92 1000Email: info@realestate.com.khFor agents and agencies wanting more informationPhone: +855 78 65 32 26Email: phany.chuon@realestate.com.kh
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The completed Morodok Techo Flyover is expected to open in late March
March 12, 2025, 3:36 a.m.
The Phnom Penh Department of Public Works and Transport has announced that the Morodok Techo flyover is nearing completion and is scheduled to open at the end of March 2025. This significant infrastructure project is part of the city's ongoing efforts to enhance urban mobility and alleviate traffic congestion.As of March 10, 2025, the construction of the Morodok Techo flyover is reported to be 99% complete, with the finalization expected by March 20, 2025. The flyover is strategically located at the intersection of Preah Monivong Boulevard, Royal Cambodian Armed Forces Boulevard, and Samdech Akka Moha Sena Padei Techo Hun Sen Boulevard.The two-story flyover is designed to significantly improve traffic flow and reduce congestion in this busy area, contributing to smoother travel and enhanced urban connectivity.BackgroundThe Morodok Techo flyover project began construction on August 31, 2022, and is being developed by the Overseas Cambodian Investment Corporation (OCIC) with an investment exceeding $36 million. The project has been divided into two phases:Phase 1: The first phase was temporarily opened on April 1, 2024, to help ease traffic flow and support commuter movement.Phase 2: Initially expected to be completed by February 2025, Phase 2 has seen a temporary opening of its first floor ahead of the Khmer New Year celebrations in 2025.The completion of the Morodok Techo flyover is expected to positively impact the local real estate market by enhancing accessibility and reducing travel times, potentially increasing property values in surrounding areas.This infrastructure development aligns with Phnom Penh's broader urban expansion plans, which include other significant projects like the Monivong Boulevard flyover and flood prevention initiatives. As Phnom Penh continues to grow, such infrastructure improvements will play a crucial role in supporting the city's economic vibrancy and quality of life for its residents as well. In addition to the Morodok Techo Flyover, Phnom Penh is also gearing up for the development of the new Techo International Airport, an upcoming project set to enhance connectivity, drive economic growth, and position Cambodia as a major regional hub.Expected to be one of the largest airports in Southeast Asia, Techo International Airport will greatly expand flight routes, attracting more direct international connections to key global destinations.For example, starting December 10, 2025, Turkish Airlines will launch direct flights between Istanbul and Phnom Penh, while Etihad Airways has also announced plans to launch direct flights from Abu Dhabi to Phnom Penh on October 4, 2025.As two of the world's leading airlines, their presence will significantly boost tourism, bringing in millions of visitors annually, while also strengthening trade and investment. This increased connectivity will make Cambodia more accessible to businesses and foreign investors, further integrating the country into the global economy.In short, As Phnom Penh continues to grow, infrastructure projects like the Morodok Techo flyover and the upcoming new airport will be pivotal in enhancing the city's appeal for both residents and investors, contributing to a more vibrant and connected urban environment. —If you want to know more about developments and investment opportunities around this area, contact us via- 📞+855 92 92 1000📧 info@realestate.com.kh
The Growing Potential of Arey Ksat
The Growing Potential of Arey Ksat
March 11, 2025, 2:33 p.m.
The area on the Eastern bank of the Mekong River in Kandal’s Arey Ksat is located close to the Cambodian capital of Phnom Penh and is considered a key part of the government's plan to develop new urban centres outside the capital city.As Arey Ksat starts to garner attention from potential property investors with the launch of Mekong Quay City in 2025 and the upcoming infrastructure developments such as the new Cambodia-Korea Friendship Bridge due to start in 2025, there are high hopes for the area to boost travel and economic growth, as well as entice property development which could increase the real estate sector and associated prices.When Was Arey Ksat City Formed?The Royal Government of Cambodia issued a sub-decree on the new establishment of Arey Ksat City in Kandal province in late 2022, and the area includes six communes in Khsach Kandal district and five communes in Leva Em district of Kandal province.The area is also separated into 11 Sangkats including Bak Dav, Koh Oknha Tey, Prek Ampil, Prek Luong, Prek Takov, Svay Chrum (former communes of Ksach Kandal district), Arey Ksat, Sarika Keo, Peam Oknha Ong, Prek Kmeng, and Barong (former communes of Lvea Em district).In 2024, Arey Ksat City in Kandal province was confirmed to retain its autonomy and would not be incorporated into the administration of Phnom Penh with the Prime Minister at the time, Hun Sen, explaining that land originally belonged to Kandal province and had undergone multiple border adjustments to be included within the jurisdiction of Phnom Penh.With Arey Ksat City not being annexed to the Phnom Penh Capital Administration, it means that Kandal Province exercises property tax regulations within Arey Ksat City.Untapped Potential of the Satellite CityCurrently, most transport to reach the area from the capital is conducted via the ferry and boat companies operating between Arey Ksat and Phnom PenhIn December 2024, current Cambodian Prime Minister Hun Manet suggested Arey Ksat will become “an industrial and service hub” and that the satellite city’s population would grow to match that of the capital Phnom Penh. This is underpinned by the government’s expectation that the region would transition from an agricultural region into an industrial area driven by the output of factories. Infrastructure development is seen as key to the Arey Ksat’s economic and population growth and the construction of bridges connecting the area would make this a reality. Hun Manet proposed the development of the projects in the area would see development spread eastward, connecting to National Road 8.There were also ideas put forward such as the construction of an underground tunnel running beneath the Chattomuk River from Phnom Penh but this would be the first in the area, if not the entire Kingdom.Mekong Quay City The “Mekong Quay City” project is a joint development between TP Moral Group (TPMG) and Khun Sea Import Export Group and located in Arey Ksat, along the eastern bank of the Mekong River, directly across from the Koh Norea development project and covers an area of 210 hectares. Khun Sengpheng, CEO of TP Moral Group, said 140 hectares of the development project will be divided into six sectors: commercial, residential, hospitality, education, health, tourism and culture.70 hectares will be reserved for public infrastructure development, including the construction of riverbanks, roads, pedestrian and cycle paths, public recreational spaces, sports facilities and green parks.How Green Investments Are Shaping the Future of Real EstateCambodia-Korea Friendship BridgeThe proposed Cambodia-Korea Friendship Bridge will connect Phnom Penh's Chroy Changvar to Arey Ksat and is expected to significantly boost economic activity in the area but construction is only due to start in mid 2025.The bridge will span from the area near the current night market in the capital to Arey Ksat town, covering a total length of 2,375 metres with a width of 27.5 metres.The project is expected to be completed in five years (2030) and will be funded by a US $235 million loan from South Korea’s Export-Import Bank.Does Arey Ksat Offer Good Investment Potential?Some local realtors expect the connectivity from the bridges would boost real estate prices which in 2025 remain low compared to those in Phnom Penh. Land in the Arey Ksat area varies around US $500 to $800 per square metre, while the cheapest land can be purchased from US $10 per square metre.Kuoch Chamroeun, Kandal Governor, said there is a strong demand for quality and modern housing to enter the market, which Mekong Quay City is aiming to address.Visiting Cambodia To Invest In Property in 2025 - What To KnowWhether Arey Ksat is a good place to buy a home depends on several factors, including your investment goals, lifestyle preferences, and the current state of infrastructure development and aforementioned plans which may or may not materialise but the reality and timeframe of these would impact financial returns on investments too.ProsPotential for Growth: Arey Ksat is seen as a promising area for future development, with significant infrastructure projects underway, which should lead to increased property values over time.Environmental Advantages: Located near the Chaktomuk River, Arey Ksat offers a scenic environment with green areas which should appeal to those seeking a quieter lifestyle but how much of these will be maintained if the area is targeted as a prime investment hub for industrial output, real estate development and infrastructure remains to be seenIndustrial and Service Hub: The area is expected to evolve into an industrial and service hub, which might boost employment opportunities and stimulate local economic growth but would also bring with it a time period of growing pains with construction and amenities needing to keep pace with the development.ConsInfrastructure Challenges: Currently, connectivity to Phnom Penh is limited, which can hinder daily commutes and access to amenities - and although these are being addressed, the timeliness of these infrastructure projects would be a key consideration. The Mekong Quay City development project’s timeline for completion and budget were not disclosed when it was launched as a prime example.Land Price Variability: Land prices vary significantly depending on the location within Arey Ksat, which may cause challenges in finding affordable quality options.Legal and Security Concerns: There are concerns about alleged property rights and the need for strong legal protection with land demarcation and proper allocation of ownership of these titles.Arey Ksat could well be a good long-term investment opportunity with potential growth but would require a patient investor. The regional economic climate headwinds and infrastructure limitations may pose challenges in the short to mid-term.
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Realestate.com.kh affiliate program – Earn by Connecting People to Their Dream Property
March 7, 2025, 6:11 a.m.
Realestate.com.kh, the leading property portal in Cambodia, is excited to introduce our Affiliate Program, offering individuals a powerful way to generate passive income by referring buyers, renters, and investors to Cambodia’s most trusted real estate marketplace.With Cambodia’s property sector rapidly growing, more people are searching for reliable platforms to buy, rent, and invest in real estate. Realestate.com.kh has long been at the forefront of the market, providing an extensive listing of residential, commercial, and investment properties and essential real estate insights. Now, with the launch of this highly rewarding affiliate program, partners can tap into this booming industry and earn commissions with every successful referral.Why Join the Realestate.com.kh Affiliate Program? Our Affiliate Program is designed for anyone, with or without experience, looking for an additional revenue stream. Whether you run a website, social media page, or blog, or have a strong personal network interested in real estate, this program provides an easy and effective way to monetize your audience.Here’s what makes this program stand out:High Commission Rates – Earn competitive commissions for every lead or successful transaction generated through your referral.Wide Range of Property Listings – Promote a diverse portfolio of properties, from luxurious condominiums and modern apartments to commercial spaces and investment opportunities.User-Friendly Platform – Access a customized affiliate dashboard to track referrals, earnings, and performance in real time, with full legal support as well to ensure the procedure will runs smoothly and compliantly. Marketing Support—Gain access to professional marketing materials, ongoing training, and professional development to enhance your skills and boost your promotion efforts.No Costs, Just Earnings – The program is free to join with no upfront investment required. Simply contact us, and start earning!Cambodia’s real estate market continues to attract both local and international investors, making this an ideal time to capitalize on the demand for property. With millions of users visiting Realestate.com.kh every year, affiliates have a prime opportunity to drive traffic and earn substantial commissions.Whether you’re a property enthusiast, business owner, or content creator, the Realestate.com.kh Affiliate Program is a smart way to generate extra income while connecting people with the best real estate opportunities in Cambodia.Get Started Today!Don’t miss out on this exciting opportunity to grow your earnings. Sign up for the Realestate.com.kh Affiliate Program today and start making money by helping others find their perfect property!For more details, visit The Connect Center and talk to us more about it! ---------------The Connect Center – Opening Hours & Location#306BCD,Monivong Blvd (93) Sangkat Chakto Mukh, Khan Doun Penh, Phnom Penh9:00 – 17:00 Monday – Friday10:00 – 17:00 Saturday – SundayOr contact us via Phone: +855 78 65 32 26Email: phany.chuon@realestate.com.kh
arey-ksat-bridge-impact-on-property-market
How will the Arey Ksat Bridge impact the property market in the area?
March 10, 2025, 4:45 a.m.
The upcoming construction of the Cambodia-Korea Friendship Bridge, set to link Arey Ksat commune to Arey Ksat (northeastern Phnom Penh), is expected to greatly impact the local property market. Arey Ksat is a newly established city in Kandal province, composed of 11 Sangkats including Bak Dav, Koh Oknha Tey, Prek Ampil, Prek Luong, Prek Takov, Svay Chrum (fomer communes of Ksach Kandal district), Arey Ksat, Sarika Keo, Peam Oknha Ong, Prek Kmeng, and Barong (former communes of Lvea Em district).It's part of the government's plan to develop new urban centers outside of Phnom Penh. The city is strategically located near the Mekong River, and the government envisions it as a major economic hub, particularly in manufacturing and logistics. Several factors make Arey Ksat a promising real estate destination. Strategically located just across the river from central Phnom Penh, it offers a quieter, greener living environment while remaining close to the city’s business districts.  A few years ago, property prices in Arey Ksat surged to record highs due to the anticipation of the bridge before the pandemic period. However, in recent years, the market has remained stable, with only minor price fluctuations. Although initial excitement about the bridge did not immediately lead to a property boom, experts believe this stability is temporary. Once construction progresses, demand for land and properties in the area is expected to rise steadily.As an unprocessed diamond, Arey Ksat will become highly desirable once connected to Phnom Penh. Improved infrastructure typically leads to increased investor confidence, and the Arey Ksat area is no exception. As accessibility improves, more developers and homebuyers will see Arey Ksat as an attractive location, pushing up land prices and boosting new construction projects.What makes the Arey Ksat bridge so significant?Construction of the Cambodia-Korea Friendship Bridge, linking Arey Ksat town and Phnom Penh, is set to begin in the first half of 2025. Spanning 2,375 meters with a width of 27.5 meters, the bridge will link Phnom Penh's Night Market area to Arey Ksat, significantly reducing travel time and facilitating the movement of goods and services. One will connect the Night Market neighborhood to the Chroy Changvar area, while the other will run from Chroy Changvar to Arey Ksat. This enhanced connectivity is expected to transform Arey Ksat into a desirable residential and commercial hub, attracting new residents and businesses to the area. The bridge will cut down travel time, making commuting easier and attracting both residents and businesses. Additionally, the area is already seeing improvements in roads, utilities, and public services, which will further support long-term growth.As Arey Ksat undergoes this transformation, Realestate.com.kh is your ideal partner for navigating the local property market. With our extensive listings, expert market analysis, and dedicated team of professionals, we provide the insights and resources you need to make informed investment decisions. Whether you are looking to buy, sell, or rent property in Arey Ksat, Realestate.com.kh is here to assist you every step of the way.4—-Contact us via📞+855 92 92 1000📧 info@realestate.com.kh
50 Must-Know FAQs for Real Estate Investors in Cambodia
50 Must-Know FAQs for Real Estate Investors in Cambodia
April 8, 2025, 1:58 a.m.
Are you thinking about investing in Cambodia’s real estate market in 2025?Whether you're a first-time buyer or a seasoned investor, understanding the key aspects of property investment is essential. In this guide, Realestate.com.kh will answer 50 essential questions covering everything from legal regulations and market trends to investment risks and opportunities. Get all the insights you need to make informed decisions and maximize your returns in Cambodia’s growing property sector!1. What is the overall investment environment in Cambodia?Political environment: Cambodia is a politically stable country, currently led by Prime Minister Hun Manet, the son of former Prime Minister Hun Sen, who ruled for 38 years. With a background in Western military and economic education, Hun Manet continues his father’s foreign policies, strengthening ties with China and other international partners while maintaining balanced relations with the West. His leadership focuses on economic growth, improving livelihoods, and enhancing Cambodia’s global standing.Economic growth: Cambodia is among the 10 fastest-growing economies globally. From 2011 to 2019, GDP grew at an impressive 7% annually, outperforming the ASEAN average. Although the COVID-19 pandemic caused a 3.1% decline in 2020, the economy rebounded in 2021 and continues to grow. The World Bank forecasts a 5.5% growth rate for 2025, while the Cambodian government projects an even higher 6.3%.International relations: Cambodia maintains friendly relations with most countries in the world. As a small open economy, open and inclusive regionalism and international economic integration are the strategic policies of the Kingdom. After Prime Minister Hun Manet took office, the momentum of Cambodia's economic diplomacy significantly increased. China is Cambodia's largest trading partner and the largest source of investment. The two countries have also signed the Cambodia-China Free Trade Agreement.Foreign Investment-Friendly Policies: Cambodia offers 100% foreign ownership of enterprises, corporate tax exemptions, a low 20% corporate tax rate, duty-free capital goods imports, and unrestricted capital repatriation. These policies make it an attractive destination for global investors.Foreign Direct Investment (FDI): FDI in Cambodia has surged, particularly in real estate, manufacturing, and agriculture. According to the Ministry of Economy and Finance (MEF), FDI inflows reached $8.1 billion from September 2023 to September 2024, reflecting growing global confidence in Cambodia’s investment potential. This growth reflects the international community’s strong confidence in Cambodia’s improving investment environment and its greatly growing economic potential.Strategic location: Located at the heart of Southeast Asia, Cambodia is a regional trade hub with excellent connectivity. Flights to major ASEAN cities take just 1.5 to 2.5 hours, making it an attractive base for multinational businesses.Free Trade Agreements: Cambodia has signed free trade agreements with many countries and regions, including agreements with China, South Korea, the European Union, and other countries/regions, which help expand market access and promote trade. As of 2023, Cambodia is implementing 10 free trade agreements, including the world's largest free trade agreement Comprehensive Economic Partnership Agreement (RCEP), the most famous of which are the Cambodia-China Free Trade Agreement (CCFTA) and the Cambodia-Korea Free Trade Agreement (CKFTA).Cambodia has gained strong interest from both local and foreign investors due to its stable political environment, strong economic growth, investor-friendly policies, and strategic international relations. Key advantages include rising foreign direct investment (FDI), a prime geographical location, and multiple free trade agreements (FTAs). Additionally, Cambodia benefits from Generalized System of Preferences (GSP) trade privileges, low labor costs, and a young, growing workforce, making it an attractive and competitive investment destination.2. Is Cambodian Real Estate a Good Investment?Investing in Cambodian real estate can be a great opportunity, but it depends on several factors, including your investment goals, location, project choice, market knowledge, and risk tolerance. Cambodia is considered an affordable entry point for overseas investors, offering relatively low property prices and high rental yields, especially in fast-growing areas like Phnom Penh, Siem Reap, and coastal cities. However, like any investment, there are risks. It’s crucial to research the market, understand local laws and regulations, and seek professional advice before making a decision. A well-informed approach can help maximize returns while minimizing potential challenges.3. What are the advantages of real estate investment in Cambodia?Cambodian real estate offers several benefits, including a low investment threshold, affordable property prices, low taxes, and minimal holding costs. Investors also enjoy permanent property rights, US dollar-based transactions, high-quality finishes upon delivery, and international-standard property management. Additionally, Cambodia provides high rental returns and a relatively simple transaction process, making it an attractive option for foreign investors.4. How is Cambodian Real Estate Compare to Other Southeast Asian Countries?Cambodia’s real estate market stands out in Southeast Asia due to its stable political environment, strong economic growth, and openness to foreign investment. Unlike more mature markets, Cambodia offers affordable property prices and high appreciation potential, making it an attractive option for investors. One key advantage is Cambodia’s relaxed foreign ownership laws, which make it easier for international buyers to enter the market. However, compared to more developed Southeast Asian countries, Cambodia’s infrastructure and overall living environment are still improving. Overall, Cambodia presents a high-growth investment opportunity with low entry barriers, but investors should also consider the risks and challenges associated with an emerging market.5. Talk about Cambodia’s demographic dividendCambodia has a young and growing population, which is a key driver of its real estate market. According to the 2019 national census, the country's population exceeded 15.28 million, with Phnom Penh being the most populous city with over 2.12 million residents. Notably, 56% of Cambodia’s population is between 15 and 35 years old, creating a strong and expanding labor force. This rising demand for housing, driven by a young workforce and urban migration, continues to fuel growth in the residential real estate sector.6. Who Should Invest in Cambodian Real Estate?According to Realestate.com.kh, investing in Cambodian property is ideal for individuals with the following goals:Affordable access to USD-based assetsDiversifying risk through international asset allocationEarning passive income through rental propertiesLong-term capital appreciation from property value growthCreating a steady income stream for retirementSecuring permanent ownership that can be passed down to future generationsOwning a property for vacation, retirement, or future relocationWith low entry costs, strong rental yields, and freehold ownership opportunities, Cambodia offers an attractive option for investors looking to expand their portfolio or secure a long-term asset.7. Is 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. 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 minimize risks, investors may also opt for ready-to-move-in properties, which offer immediate ownership and rental income potential.8. Is Cambodian Real Estate Appreciating Quickly?Before the COVID-19 pandemic, Cambodia’s real estate market experienced steady growth. In Phnom Penh, home prices increased by an average of 8.7% per year (2010-2019), driven by strong economic growth and rising foreign investment (National Bank of Cambodia).Due to market adjustments post-pandemic, high-end property prices dropped from $2,510 per sqm to around $1,900, making it the most affordable entry point in a decade. Some projects are now priced at 2013 levels, offering a low-cost entry opportunity for investors. With economic recovery, favorable government policies, and increasing international investment, Cambodia’s long-term real estate appreciation remains highly promising.9. What Currency Is Used in Cambodia?The official currency is the Cambodian Riel (KHR), with common denominations of 100, 500, 1,000, 5,000, 10,000, and 50,000 KHR. However, the US dollar (USD) is widely used for daily transactions, and many prices are listed in both Riel and USD. Change is often given in Riel. The exchange rate is generally 1 USD ≈ 4,100 KHR. For large transactions, including real estate purchases, USD is the preferred currency. Since Cambodian real estate is priced and sold in USD, it provides a hedge against foreign exchange risks, making it an attractive option for international investors.10. Can I Use Cryptocurrencies to Buy Property in Cambodia?Yes, some developers in Cambodia accept cryptocurrency payments, but most real estate transactions are still conducted in US dollars. Since Cambodia does not have clear regulations on crypto for property purchases, buyers typically need to convert digital assets into USD through licensed financial institutions. While blockchain and crypto-based real estate transactions are emerging trends, they are not yet widely adopted in Cambodia’s property market. Investors should check with developers and ensure compliance with local financial regulations before using crypto for purchases.11.Which City Should I Invest in for Real Estate in Cambodia?- Phnom Penh: The capital and economic hub, Phnom Penh offers high-growth potential and strong rental demand. With rapidly expanding business districts, luxury apartments, and commercial projects, it is the top choice for investors seeking stable returns and long-term appreciation.- Siem Reap: Known as the gateway to Angkor Wat, Siem Reap is a prime destination for tourism and hospitality investments. The city offers opportunities in hotels, resorts, and short-term rental properties, making it attractive for investors in the tourism and retirement sectors.- Sihanoukville: A fast-growing coastal city, Sihanoukville has seen significant foreign investment, particularly from China. Its real estate market is dominated by resorts, hotels, and beachfront properties, making it ideal for those investing in the tourism and leisure industries.- Other Cities: Emerging investment locations like Kandal, Kampot, Kep, Koh Kong, Poipet, and Bavet offer unique opportunities in agriculture, eco-tourism, and resort development. These cities are gradually gaining attention as Cambodia’s economy expands.12. How to Choose a Location in Phnom Penh for Real Estate Investment?Foreign investors should consider the following factors when selecting a location in Phnom Penh:City Center vs. Suburbs: The city center offers proximity to business districts, government offices, and entertainment hubs, leading to higher property values and rental demand, but also higher investment costs. Suburban areas provide larger living spaces at more affordable prices, but investors should consider urban infrastructure, amenities, and commuting time.Infrastructure & Development Plans: Future road expansions, public transport projects, commercial hubs, and educational institutions can significantly boost property valueSafety & Environmental Quality: Choosing secure and well-maintained communities is essential. Investors should also consider factors like air quality, noise levels, and neighborhood amenities.Market Demand & Rental Potential: Locations near corporate offices, business districts, and tourist attractions generally have higher rental demand and stronger investment returns.Popular Investment Areas in Phnom Penh:Diamond Island: A prime luxury residential and commercial district.BKK1: A prestigious diplomatic and business hub, home to embassies and high-end developments.Tonle Bassac: A popular expat-friendly area with a vibrant community.Russian Market: A lively neighborhood with cafés, restaurants, retail stores, and schools.Makara District: A hotspot for foreign institutions and businesses.Toul Kork: A well-developed area with international schools, shopping malls, cafés, and dining options.Each area offers unique advantages, so investors should align their choice with their budget, rental goals, and long-term investment strategy.13. What Are the Housing Prices in Cambodia?Cambodia offers relatively affordable housing prices compared to other Southeast Asian countries. As of mid-2024, the average condo price in Phnom Penh is around $2,500 per square meter, with an average annual rental yield of 5.3%.For comparison:Bangkok, Thailand: $10,000 per sqm, 4.5% rental yieldHo Chi Minh City, Vietnam: $5,900 per sqm, 4% rental yieldManila, Philippines: $5,300 per sqm, 4.4% rental yieldWith its lower property prices and higher rental returns, Cambodia presents an attractive investment opportunity in the Southeast Asian real estate market.14. What Is the Average Price of Real Estate in Cambodia?Real estate investment in Cambodia is primarily concentrated in Phnom Penh, Siem Reap, and Sihanoukville. According to Realestate.com.kh, the average condo prices in these key cities are as follows:Phnom Penh:       + 1 Bedroom: $79,656       + 2 Bedroom: $123,728       + 3 Bedroom: $312,151- Siem Reap:       + 1 Bedroom: $125,283       + 2 Bedroom: $151,002       + 3 Bedroom: $188,000- Sihanoukville:       + 1 Bedroom: $155,000       + 2 Bedroom: Unavailable       + 3 Bedroom: $253,650Prices vary depending on location, property type, and amenities, with Phnom Penh being the most dynamic market, while Siem Reap and Sihanoukville offer opportunities in tourism-driven investments.15. How Much Does an Apartment in Cambodia Cost?According to Realestate.com.kh, the price of apartments in Cambodia typically average $1,236 per square meter. High-end apartments in central Phnom Penh tend to be more expensive, while those in suburban or secondary areas are more affordable. For example, at an average price of $420 per square meter:- A 50 sqm one-bedroom apartment costs $80,000 - A 80 sqm one-bedroom apartment costs $128,000 Prices vary based on location, amenities, and property type, making Cambodia an attractive market for investors seeking affordable property options.16. How much does a villa in Cambodia cost? The price of villas in Cambodia varies according to factors such as location, building area, and luxury. According to data from Realestate.com.kh, a Cambodian real estate website, the price of ordinary villas in Phnom Penh and surrounding areas is about US$730 to US$1,700 per square meter, and the price of villas in high-end areas is about US $2,250 to US $4,188 per square meter. The price of villas in some other cities in Cambodia is relatively low, for example, the price of villas in Siem Reap is about US$467-$1,604 per square meter.17. Recent Trends in Cambodian Housing PricesIn recent years, Cambodia's real estate market has shown steady growth, particularly in Phnom Penh, where property values have been rising due to foreign investment, urbanization, and a growing middle class. As the country's political, economic, and cultural hub, Phnom Penh continues to attract both local and international buyers, driving housing demand.Despite this overall growth, the market has faced challenges. The slow global economic recovery, geopolitical uncertainties, and financial pressures have put downward pressure on property prices. In some cases, prices have dropped from their peak in 2019, creating a more favorable market for buyers and investment opportunities at lower price points.For example, in 2019, purchasing a pre-sale apartment at $2,500 per square meter often required waiting 3-5 years for completion. Today, for the same price, buyers can acquire ready-to-move-in properties with more options and security.However, real estate markets tend to follow cycles, and after a period of adjustment, prices typically return to an upward trend. With ongoing infrastructure improvements, a free and open economy, and foreign investor-friendly policies, Cambodia’s long-term real estate outlook remains strong. As supply and demand move toward a more balanced market, property values are expected to rise steadily, making it an opportune time for buyers to enter the market prices are expected to rise steadily, and buyers need to seize the opportunity to be in an active position.18. Is Investing in Cambodian Real Estate a High-Return Investment?Cambodian real estate offers competitive rental yields of 6-8% annually, which is higher than in many developed cities. In Phnom Penh, rental prices typically start at $300 per month, while larger apartments in prime locations can command rents exceeding $2,000 per month.To attract investors, some developers offer leaseback programs, such as a 3-year guaranteed rental return of 24%. After the lease period ends, owners can either continue renting out the property or have it professionally managed. However, buyback programs are rare, making long-term rental income the primary investment strategy.19. What Are the Rental Prices in Cambodia?Rental prices in Phnom Penh vary based on location, property type, size, amenities, and furnishing quality. The general price range is as follows:- One-bedroom apartment: $300 - $800- Two-bedroom apartment: $600 - $1,200- Three-bedroom apartment: $900 - $1,800- Three-bedroom villa: $1,500 - $2,500- Four-bedroom+ villa: $2,500 - $6,000According to Realestate.com.kh, the three most popular rental areas in Phnom Penh are BKK1, Toul Kork, and Chamkarmon.20. Overview of Cambodian Property OwnershipCambodia has two main types of property titles: hard titles and soft titles. -Hard Title: A government-issued, state-recognized ownership document, offering the highest level of legal protection.- Soft Title: Issued by local authorities, it is more common but less secure and may be subject to disputes.For foreign buyers, the only available property title is Strata Title, a subcategory of Hard Title. Strata titles apply to condominiums built on land with a hard title, ensuring legal security and ownership rights for foreign investors.21. The difference between hard title and soft title in CambodiaThe key difference between hard title and soft title lies in who issues the ownership certificate and the level of legal protection they provide.Hard Title: Issued by the Land Management and Planning Bureau, a hard title grants full ownership of the land. The owner has the legal right to occupy, use, benefit from, and sell the property with full legal recognition.Soft Title: Issued by the local district or county office, a soft title only grants legal occupancy, not full ownership. It is not considered sufficient proof of ownership, which means in cases of dispute, a hard title holder will have stronger legal standing and ultimately retain ownership.22. What is the property ownership duration in Cambodia?Property ownership in Cambodia is generally permanent and can be passed down to future generations. However, Cambodia also offers long-term leasehold ownership, typically lasting 50, 70, or 99 years. Buyers should confirm the ownership type with the developer before purchasing a property.23. How does Cambodia verify the authenticity of property titles?There are two primary ways to verify the authenticity of a hard title:Enter the hard title certificate number in the official property registration system.Scan the QR code attached to the hard title certificate.For official verification, visit the Ministry of Land Management, Urban Planning, and Construction of Cambodia: https://mlmupc.gov.kh/Additionally, Realestate.com.kh recommends conducting thorough due diligence, including:Checking the land’s ownership history and previous transactions.Ensuring all title transfers followed legal procedures.Verifying that property taxes have been paid on time.Speaking with previous landowners, neighbors, and relevant stakeholders to gather more insights.A careful verification process helps buyers avoid potential disputes and ensure legal ownership.24. How to choose a developer when buying property in Cambodia?Selecting a reliable developer is crucial to ensuring a safe and successful investment. Here are key factors to consider:- Track Record & Reputation: Choose developers with a proven history of successful projects, strong customer feedback, and a reputation for quality construction and on-time delivery.- Developer Credentials: Verify essential documents, including the business license, construction permit, property ownership certificate, and tax records, to ensure the project is legally approved.- Financial Stability: A financially strong developer is more likely to complete the project on schedule and maintain high-quality standards. Check the sales progress of the project, as steady sales indicate sufficient funding for completion.- Credibility Checks: Research developer reviews on social media, industry reports, and customer testimonials to gain further insights into their reliability.In addition, there are many ways to evaluate the credibility of developers, such as social platform reviews, industry reviews, and customer recommendations.25. How to choose the right real estate agent in Cambodia?Choosing a reliable real estate agent is just as important as selecting the right property. Realestate.com.kh recommends prioritizing agencies that have been established for a long time and have a strong presence in the market, as they tend to be more experienced, stable, and reputable. A good agent should also have access to a diverse range of properties, which reflects their market activity and ability to secure listings. It is advisable to choose an agent with a physical office in Cambodia, as this indicates a deep understanding of the local market, stable business operations, and accessibility for face-to-face consultations. Additionally, working with an agent who offers comprehensive services, such as legal assistance, financial consulting, property management, and after-sales support, can greatly simplify the buying process and provide a seamless investment experience. 26. Types of Real Estate in CambodiaCambodia offers various types of properties, including apartments, terraced houses, shophouses, townhouses, double villas, and single-family villas. Among these, apartments are the most popular choice for foreigners, as they are the easiest type of property to purchase. Many long-term foreign residents, however, prefer villas for their spaciousness and privacy.27. What Kind of Homes Do Cambodian Locals Prefer?Cambodian locals typically prefer shophouses and villas. Shophouses combine residential and commercial space, with the ground floor used for businesses such as shops or restaurants, while the upper floors serve as living quarters. These are ideal for families who want to run a business close to home. Villas, on the other hand, are seen as a traditional and high-end housing choice, especially among middle-class and wealthy families. Villas offer larger living spaces, and privacy, and often include a yard or garden, making them suitable for larger families. With the growing apartment market, more young Cambodian buyers are now investing in apartments, particularly in urban areas.28. How Can Foreigners Buy Property in Cambodia?Buying property in Cambodia is relatively simple for foreigners. To purchase a strata-title apartment, foreigners only need to provide a passport, and there are no major purchase restrictions. Most real estate agents and developers assist with the necessary paperwork, and many have Chinese-speaking staff, eliminating concerns about language barriers or complex procedures. However, Cambodian law prohibits foreigners from owning land, meaning properties such as townhouses or villas require alternative ownership methods. The most common solution is purchasing through a trust, where the property is registered under a trust company, but ownership rights remain with the buyer.29. How Do Foreigners Buy Apartments in Cambodia?Foreigners can easily purchase apartments and obtain permanent ownership. According to Cambodian regulations, foreign ownership is allowed for up to 70% of a condominium building. Investors with higher budgets can even purchase an entire floor in a development.30. How Do Foreigners Buy Villas in Cambodia?Since foreigners cannot directly own land, they must use alternative methods to purchase villas. Common options include buying through a trust, holding ownership through a local spouse or partner, or establishing a Cambodian-registered company to legally acquire the property.31. What are the available payment options when buying a house in Cambodia?When purchasing property in Cambodia, several payment options are available:Monthly Installments: Commonly used for under-construction properties, this method requires an initial deposit and down payment, with the remaining balance paid in fixed monthly installments. This makes payments more manageable for buyers and ensures steady cash flow for developers.Progress Installments: Similar to monthly installments, but payments are made in stages, tied to the construction progress. This provides added security to buyers, as they pay only for completed work.Full Payment: This option involves paying the entire amount upfront, making it a straightforward choice for buying completed properties like second-hand homes or new apartments. This method can sometimes secure better pricing.Housing Loans: Loans with interest rates between 7% and 10% are available, with terms of up to 20 years. Foreigners can apply, but they must meet specific requirements, including a valid passport, visa, and proof of stable income.32. How to open a bank account in Cambodia?Opening a bank account in Cambodia is straightforward for foreigners. You will need a valid passport, visa, and a minimum deposit (the amount may vary depending on the bank). Some banks may also request additional documents, such as proof of employment, a business license, or a local phone number. The process is generally quick, and in most cases, you can receive your account and card on the same day.33. Can foreigners get loans to buy property in Cambodia?Yes, foreigners can apply for housing loans in Cambodia, but the process is slightly more restrictive than for locals. The two main options are bank loans and developer financing. To qualify for a loan, applicants must provide:Proof of income, which is a key factor in loan approval.A good credit history, work experience, and valid identification.Collateral (if required), such as a hard title property.34. What is the process of buying a house in Cambodia?The process of purchasing a new property in Cambodia typically follows these steps:View properties and select a home that meets your needs.Pay a deposit (usually $2,000 - $3,000) to reserve the unit.Make a down payment, typically 30% - 50% of the total price.Sign a sales contract that outlines all purchase terms, including price, payment method, and delivery timeline.Pay the remaining balance according to the agreed payment schedule.Transfer ownership to complete the transaction.Most of these steps are handled by real estate agents and developers, making the process smoother for buyers.35. What is the process for transferring property ownership in Cambodia?Transferring property ownership in Cambodia involves several key legal steps:Sign a sales contract, which details the terms of the transaction, including the price, payment method, and transfer date.Pay necessary taxes and fees, such as stamp duty and value-added tax (VAT).Prepare the required documents, including identification, property certificates, and the sales agreement.Register the transfer at the Land Administration Bureau, where officials will review the documents and finalize the transfer.Once all formalities are completed, you will receive the new property title certificate, confirming the buyer's legal ownership.36. What taxes do you pay when buying property in Cambodia?Cambodia imposes several property taxes on property transactions:Transfer Tax (Stamp Duty): 4% of the property value, payable upon transfer of ownership.Annual Property Tax (ToIP): 0.1% annually, based on the assessed value of the property.Unused Land Tax: 2% annually, applied to undeveloped land to prevent speculation.Rental Income Tax: 10% - 14% of rental incomeCapital Gains Tax (CGT): 20% on profits from property sales, deferred until 2025.Moreover, Those who buy homes or apartments in residential communities before 2025 and finish the property transfer or registration process for the first time in 2025, and whose purchase value is less than or equal to US $210,000, will not be required to pay stamp duty, according to the most recent 2025 Tax Incentives.37. What are the potential income streams from real estate in Cambodia?Investing in real estate in Cambodia offers several opportunities to generate income, including:Rental Income: Many international buyers invest in Cambodian real estate primarily to earn income by renting out their properties.Capital Appreciation: As the market grows, the value of properties may increase over time, allowing investors to sell at a profit when the market conditions improve.Property Renovation: Another strategy is purchasing properties that require renovation, making improvements to increase their value, and then selling or renting them at a higher price.Land Investment: Investing in land and holding onto it as the surrounding area develops can also be a profitable strategy, as the land's value may rise over time.38. How can property owners generate rental income in Cambodia?There are several ways to rent out property in Cambodia:Free Rental Listings: You can post rental information on social media platforms like Facebook, or other local rental websites like realestate.com.kh to attract tenants.Short-Term Rentals: List your property on short-term rental platforms such as Airbnb, Booking.com, and Agoda, to reach travelers looking for temporary accommodation.Long-Term Business Rentals: This model targets tenants such as foreign investors and local professionals who are in Cambodia for business opportunities. To save time and effort, property owners can choose to work with a property management company or trustee to handle the rental process on their behalf.39. How does property management work in Cambodia?The property management industry in Cambodia is growing alongside the country’s real estate market, particularly in major cities like Phnom Penh, where services are becoming more professional and organized. Property management services typically include lobby reception, cleaning, property maintenance, security monitoring, and rental management. While service quality can vary between companies, international investment and increasing market demand are helping improve both the standards and efficiency of property management services.40. How much does property management cost in Cambodia?The property management fee for apartments in Cambodia generally ranges from $0.50 to $1.80 per square meter per month. Most apartment projects charge around $1 per square meter, with the highest fees reaching $2 per square meter. For villas, the management fee is often free or a fixed amount, typically around $40 per month.41. How are properties delivered in Cambodia?In Cambodia, most properties are delivered with basic or fine decoration, but the delivery standards can vary depending on the developer's plans and the project’s positioning. The terms agreed upon in the purchase contract also play a role in determining the delivery details. Some developers offer basic decoration, while others may include soft decoration (such as furniture and appliances). In certain cases, the properties are fully equipped with luxury brand furniture and appliances, allowing buyers to move in with just their luggage. Although there is no standardized approach, the general practice in Cambodia is to offer basic decoration as part of the property delivery.42. Is it difficult to maintain a house in Cambodia? How much does it cost every year?The cost of maintaining a house in Cambodia is generally not too high. The basic taxes and fees that need to be paid each year include: property tax, property management fees, water, electricity, internet fee, garbage fees, parking fees, etc.Property Tax: 0.1% of the property value, payable every year before September 30.Property Management Fees: Usually around $1 per square meter per month, calculated based on the building area.Water Fees: Approximately 1,000 Riel per cubic meter.Electricity Fees: Around 1,000 Riel per kWh.Internet Costs: Ranges from $20 to $60 per month, depending on the service plan and provider.Trash Collection Fees: Typically only a few dollars per month.Parking Fees: Motorcycle parking costs about $10 per month, while car parking can cost around $50 per month.Overall, the annual maintenance costs for a house in Cambodia are relatively affordable compared to many other countries.43. How can I take care of my property after buying it in Cambodia?After purchasing a property in Cambodia, you have several options for managing it. If you plan to rent out the property, you can earn rental income. For those who do not reside in Cambodia full-time, hiring a local property management company can be a smart choice. These companies can handle the day-to-day management and maintenance, including leasing, repairs, cleaning, and other essential tasks, ensuring that your property is well-maintained and generating income without requiring your constant presence.44. Is the second-hand housing market growing in Cambodia?While Cambodia is currently experiencing a boom in new home construction with many choices and easy payment options, the market for second-hand homes remains stable, particularly in prime locations. Although most buyers tend to prioritize new homes, well-maintained second-hand properties in key areas can retain their value and perform relatively well even when the overall market fluctuates. For buyers who value location, mature communities, and the ability to move in immediately, second-hand homes remain a very attractive option.45. What factors should I keep in mind when purchasing a home in Cambodia?When buying property in Cambodia, there are several important factors to consider:Property Rights and Legal Issues: It’s essential to understand Cambodia's real estate laws, especially regarding foreign ownership. Ensure that the property’s legal status is clear and undisputed and that the transaction is carried out through legal channels.Market Research: Conduct thorough market research to grasp the supply and demand dynamics, price trends, and any factors that could influence property values.Choose a Reputable Developer: Check the developer’s background and reputation, verify the construction quality, and ensure the property complies with building codes and safety standards.Location: Consider the area’s development potential, infrastructure, and accessibility. A location with strong growth prospects and future value increases is a goodInvestment.On-site Visit: Don’t just follow trends—make sure the project aligns with your budget and goals. It’s important to visit the property and evaluate it in person before making a decision.Professional Consultation: Hiring local real estate agents, lawyers, and financial advisors can help you navigate the legal and financial complexities of the buying process and ensure you make well-informed decisions.Professional consultation: Consider hiring a local real estate agent, attorney, and financial advisor to help you make informed decisions throughout the home-buying process and handle the legal and financial aspects of the process.46. What Are the Main Transportation Options in Cambodia?Cambodia offers several transportation options, including tuk-tuks, motorbike taxis, buses, and private cars. In Phnom Penh and other cities, ride-hailing apps like Grab are also commonly used. For longer distances, trains and domestic flights are available, with increasing infrastructure development to improve connectivity.47. What Currency Is Used in Cambodia?The official currency of Cambodia is the Riel (KHR), but the US dollar is widely accepted and used for most transactions, especially in urban areas and for large purchases. Many prices are quoted in US dollars, and change is typically given in Riel.48. When Is the New Airport Opening, and What Does It Mean for Foreigners?The new Techo International Airport is expected to open this July (2025) and will significantly improve connectivity with international markets. For foreigners, the new airport offers better travel convenience, direct international flights, and increased investment opportunities due to enhanced access to Cambodia. It will also help attract more tourists and business investments, benefiting the real estate and hospitality sectors.49. How to apply for a visa to Cambodia?Applying for a visa to Cambodia is convenient, with three main options:Visa on Arrival: Apply directly at the international airport or border crossing. You’ll need a valid passport and photo. The fee is typically $30-$35Electronic Visa: Apply online through the official website evisa.gov.kh. Fill in the required information, pay the fee, and receive your visa by email after about 3 days. The visa is typically valid for 3 months with a 30-day stay. eVisa is also available for tourist and business visas, and the processing time for most eVisa applications is around 3 business days.Visa from an Embassy or Consulate: This option is ideal for those needing a longer stay in Cambodia.50. What are the top real estate developments available in Cambodia in 2025?In 2025, some of the key real estate projects available for sale in Cambodia include: Le Conde BKK1, J Tower 3, Times Square 7, Times Square 8, Diamond Bay Garden, Picasso 2, Wealth Mansion, La Vista One, Odom, The Pinnacle Residence, R&F Miro City, Urban Village Phase II, Royal Platinum Apartment, Anata Residence, Residence H, Bingfa City, Rose Apple Square, and more.If you want to know more about the real estate landscape in Cambodia, feel free to contact us, the top real estate company in Cambodia via-📞+855 92 92 1000📧 info@realestate.com.kh
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Realestate.com.kh Partners with SM Global to Forge Strategic Partnership in Cambodia
February 17, 2025, 6:56 a.m.
Phnom Penh, February 13, 2025. Realestate.com.kh has partnered with SM Global to offer a strategic alliance to foster investment confidence in the Cambodian property sector in an exciting collaboration for the Cambodian real estate sector.The MoU signing ceremony, held alongside the grand opening of the SM Global Center, marked a significant milestone in SM Global's long-term vision for the next decade. This event formalized key partnerships that will further strengthen investment channels and trust services within the Kingdom.H.E. Ney Sakal, Deputy Director General of the Trust Regulator, emphasized the evolving nature of Cambodia’s trust sector, stating:"While public awareness of trust services in Cambodia is still emerging, the concept has existed since 2008. However, many still lack a clear understanding of what trust management entails. The MoUs signed between SM Global and its partners will be vital in promoting trust services and increasing awareness of this sector in Cambodia." What Does The MoU Between SM Global and Realestate.com.kh Mean?Korean businesses and individuals continually seek to explore investment opportunities in Cambodia and real estate is a key focus area. The strong economic ties between Cambodia and South Korea have facilitated growing investments, particularly in residential properties, commercial developments, and trust-based real estate ownership."One of the key sectors attracting foreign investors is trust services. By partnering with Realestate.com.kh, we aim to educate real estate brokers and firms on the benefits and applications of trust structures," said Paul S. W. Yang, Director of SM Global Group. "We will also work together to provide trust and consulting services to partners and clients."As part of the agreement, both parties will continue to prioritise professionalism, transparency, and trust-building to improve confidence among buyers and sustain international investment in the local market.SM Global’s clientele and Korean investors can rely on Realestate.com.kh to access the latest and most accurate information for the local market in helping them make investment choices, whether looking for residential, commercial, or land investments.A key component of the partnership includes SM Global hosting regular seminars to educate clients on available financial and business services to provide enhanced value to their clientele.Korean Investment in CambodiaTom O'Sullivan, CEO of Realestate.com.kh said at the signing ceremony, “The long-term belief in Cambodia’s real estate market remains strong.  In the past 5 years, over US 1.7 billion dollars have been invested in Cambodia via a Trust and  90 per cent of this has been in real estate. This bounce in the market isn’t happening alone, It’s part of the bigger picture of growth in Cambodia, with the economy expected to grow over 5 percent in 2025.”Realestate.com.kh has previously signed an MoU with the Korean Chamber of Commerce in the face of rising interest in the domestic market and to promote and facilitate Korean investment in Cambodia’s real estate sector.There has been an increase in Korean interest in the Cambodian real estate market due to the Kingdom's economic growth, and strategic location in Southeast Asia which make the Southeast Asian nation an attractive destination for foreign investors. Growing Interest in Land Ownership via TrustsOne notable trend among Korean investors is the increasing interest in owning land in Cambodia through trusts. A Trust is one of the mechanisms to help investors manage their assets and a way of holding and managing property, whereby the person setting up the trust (called the grantor, settlor, or trustor) transfers property to a trustee, who manages the property for the benefit of others (called beneficiaries).Cambodia's Law on Trust was enacted in 2019 followed by the establishment of the Trust Regulator in 2021. The trust market by October 2024 had a total value of approximately US $1.7 billion and real estate and property-related trusts account for a majority of commercial trusts.A Promising Future for Cambodia’s Real Estate MarketThis partnership between Realestate.com.kh and SM Global marks just the beginning of a broader collaboration aimed at enhancing investment opportunities and knowledge-sharing. With growing interest from foreign investors, particularly in trust-based property ownership, Cambodia’s real estate sector is poised for sustained growth in the years ahead.Realestate.com.kh remains committed to serving as a bridge between Korean investors and Cambodia’s property market, ensuring that both sides benefit from this expanding economic relationship.--If you want to understand more about Trust, contact our expert via-Phone: +855 92 92 1000Email: info@realestate.com.kh For agents and agencies wanting more informationPhone: +855 78 65 32 26Email: phany.chuon@realestate.com.kh
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Set to open in July 2025: Techo International Airport Nears Completion for Phase 1
February 11, 2025, 9:31 a.m.
Cambodia’s infrastructure development is reaching a new milestone with the Techo International Airport (TIA), a $1.339 billion mega-project that is now 92% complete as of December 2024. This new airport, which is scheduled for a formal inauguration in July 2025, is expected to completely transform Cambodia's aviation industry and have a big impact on both air travel and the local real estate market in and around Phnom Penh.(Rendered image of the new Techo International Airport)Located 19 kilometers south of Phnom Penh in Kandal province, TIA spans 2,600 hectares and is being developed in three phases:Phase 1 (2025) – A 4-kilometer runway capable of handling Code 4F aircraft with a passenger capacity of 15 million annually.Phase 2 (2040) – Expansion to 30 million passengers per year, improving connectivity and operational efficiency.Phase 3 (2050) – Full completion, boosting capacity to 45 million passengers annually, placing Cambodia among the region’s key air transport hubs.Once fully operational, TIA is expected to replace Phnom Penh International Airport (PNH) as the country’s primary gateway for international travelers.How TIA Will Impact Cambodia’s Real Estate MarketWith the completion of TIA, Cambodia’s real estate sector is poised for transformative growth, particularly in Kandal province and southern Phnom Penh. (Techo International Airport construction update)The new airport’s location in Kandal will drive real estate appreciation, especially in Takhmao, Sa’ang, and Kien Svay. As history has shown in other cities worldwide, major airport projects tend to boost property values in surrounding areas. Key factors contributing to this growth include the increasing demand for residential and commercial developments near the airport, the rising investment opportunities to support the construction of infrastructure like highways, rail links, and commercial hubs, and how the logistics and industrial zones will benefit from enhanced connectivity.Property developers have already started acquiring land in the vicinity, anticipating the airport’s economic impact. Real estate developers have already begun purchasing land nearby in anticipation of the airport's economic impact. Given that Kandal province offers more reasonably priced real estate than Phnom Penh, investors seeking long-term capital appreciation are anticipated to turn their attention there.TIA’s development is not just about passenger flights; it is also expected to drive the growth of Cambodia’s logistics and air cargo sector. The establishment of freight-handling zones, warehouses, and e-commerce fulfillment centers will create demand for commercial land like warehouses, factories, and office spaces, Industrial parks to support businesses engaged in import/export, and retail developments catering to airport staff, travelers, and nearby residents. This will directly increase land value and commercial property demand, particularly in areas adjacent to the airport. (Techo International Airport construction update)Furthermore, Cambodia’s tourism industry has long been a major driver of the real estate sector, particularly in hospitality, serviced apartments, and rental properties. The completion of TIA is expected to increase international arrivals, strengthening demand for hotels, resorts, and guesthouses in Phnom Penh and surrounding areas, serviced apartments and condominiums catering to expatriates and business travelers, as well as short-term rental properties like Airbnb-style accommodations for transit passengers.In 2019, Cambodia welcomed 6.61 million international visitors, with 3.71 million arriving by air. The COVID-19 pandemic led to a significant decline in tourism, with arrivals dropping to 1.31 million in 2020 (-80.2%) and further to 0.20 million in 2021 (-85.0%). A strong recovery began, with international arrivals surging to 2.28 million, a remarkable 1,059% increase from 2021. Then, In 2023, the upward trend continued, with 5.43 million arrivals, representing a 139.5% growth compared to 2022.Post-pandemic tourism is recovering rapidly, with 5.37 million international arrivals from January to October 2024, an increase of 22% compared to 2023 (according to the Ministry of Tourism). With TIA’s opening, these numbers are expected to surpass pre-pandemic levels, further fueling demand for hospitality real estate, and solidifying Cambodia's position as a premier tourist destination in Southeast Asia.One more thing, the Cambodian government is heavily investing in infrastructure projects that will support TIA’s connectivity, including new expressways linking TIA to Phnom Penh, improving accessibility, railway extensions that facilitate passenger and cargo transport, and many smart city initiatives, promoting sustainable urban development near the airport. For instance, for better transit to the new airport, the government has constructed the new overpass at the Kbal Thnal area of Phnom Penh, commonly known as Kbal Thnal Bridge, connecting Samdech Techo Hun Sen Blvd (60m Street) and Monivong Blvd. Ground was broken for the overpass in 2022 and the project is expected to finish in 2025. The flyover, consisting of two tiers, is costing more than $36 million, and is expected to support TIA’s connectivity, easing congestion.  (Kbal Thnal Sky Bridge pictures taken by KiloTRAVEL)Beyond TIA, Cambodia’s aviation sector is experiencing rapid growth, with new international routes being established. Siem Reap-Angkor International Airport (SAI), which opened in late 2023, will receive direct flights from India’s IndiGo Airlines starting February 2025, operating three times weekly between Kolkata and Siem Reap. Cambodia Angkor Air has also expanded operations, running four weekly flights to India since mid-2024, further enhancing connectivity.Final Thoughts: What This Means for Real Estate InvestorsThe completion of Techo International Airport marks the beginning of a new era for Cambodia’s real estate sector. Investors, developers, and homebuyers should take note of the following key trends:Land and property values in Kandal province will be appreciated significantly.Commercial and industrial zones will emerge as major investment hotspots.Tourism-driven real estate (hotels, serviced apartments) will experience higher demand.Infrastructure projects will enhance accessibility, further driving urban expansion.For those considering real estate investment in Cambodia, now is the ideal time to explore opportunities in and around TIA’s location. As Cambodia continues its trajectory toward becoming a regional economic hub, the real estate sector will remain one of the biggest beneficiaries of this transformation.-------------To learn more about property surrounding the new Techo International Airport, Contact our experts via- 📞+855 92 92 1000📧 info@realestate.com.kh
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Owning property via a trust in Cambodia: How does it work?
March 3, 2025, 9:21 a.m.
Trust services are special financial, legal, and management solutions that help protect, manage, and distribute assets for individuals, families, and organizations. In Cambodia, a property trust allows you to transfer ownership of a property to a trustee, who will manage it on behalf of the beneficiary or beneficiaries.The introduction of the Trust Law in 2019 marked a significant shift, enabling foreigners to own land through trust structures. This law allows foreign investors to appoint a licensed trustee to hold legal title to the property while the investor retains beneficial ownership, ensuring compliance with Cambodian laws and providing a transparent and secure investment mechanism.In the last five years, (as of the 20th of Feb 2025), over $1.7 billion has been invested in Cambodia through trusts, with 90% of that going into real estate. This growth is part of Cambodia’s overall economic development, with the economy expected to grow by more than 5% in 2025.Trust ServiceA property trust offers foreign investors a practical solution for investing in and owning property in Cambodia. By appointing a trust company, investors can hold and manage their assets under a commercial trust. The trust company assumes the responsibility of holding the property on behalf of the client, ensuring that the property is managed and maintained in line with the investor's best interests. This arrangement provides a secure and legally compliant way for foreigners to own property in Cambodia, while the trust company oversees the management and protection of the asset.In Step 1 of the property purchase process, the required documents vary depending on whether the buyer is an individual or a business. For individuals, a copy of the Hard Title Document, along with the ID or passport of both the landowner and the buyer, is needed. Additionally, the bank account number and the property location should be provided. For businesses, the required documents include the Memorandum and Articles of Association, Board of Directors or shareholder IDs, Patent Tax, and Tax Registration Certification. An authorization letter and a business license (if applicable) are also necessary to complete the process.Payment StructureThe "Due Diligence Service" is an essential step provided to clients before property acquisition. This service ensures that the property being considered is in good legal and physical condition and is not located within any restricted or non-compliant zoning areas.It includes a thorough examination of the property's ownership history, checking for any existing disputes, that may affect the transaction, verifying the property’s legal status, and confirming that all relevant permits, tax payments, and documentation are up to date. Note: This is a one-time fee that you pay only at the start of the process.This is an ongoing fee that is paid regularly, usually monthly or annually, to cover continuous services such as property management, maintenance, or other long-term costs associated with the property. This fee ensures that the property is well-managed and maintained throughout the entire process. How will this work? Who can be a trustee?In Cambodia, establishing a trust involves selecting a qualified trustee registered with the Trust Regulator and holding a valid trustee certification. Under the Law on Trusts 2019, trustees can be either legal entities or independent individual trustees. The Trust Establishment and Registration Process involves a series of steps to create and officially register a trust in Cambodia. This process ensures that the trust is legally recognized and that the property or assets are properly managed on behalf of the beneficiary. It includes appointing a trusted company, completing the necessary documentation, and adhering to legal requirements to ensure compliance and secure ownership.In short, Cambodia's Trust Law has significantly reshaped the investment landscape by providing a legal framework that facilitates foreign participation in real estate ownership. By allowing foreigners to establish trusts that comply with local laws while retaining beneficial ownership rights, Cambodia has positioned itself as an attractive destination for international investors seeking growth opportunities.As more investors recognize the benefits of utilizing trusts for property investments, it is expected that Cambodia will continue to see growth in its real estate sector alongside broader economic development initiatives.—--------------To learn more about Cambodia Trust law, Contact our experts via- 📞+855 92 92 1000📧 info@realestate.com.kh