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Property Tax in Cambodia: What You Need To Know
June 11, 2025, 9:23 a.m.
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In the heart of Southeast Asia, Cambodia's real estate market is buzzing with potential, drawing in investors and homebuyers from around the globe. However, amidst the excitement of acquiring property lies a crucial element that can significantly influence your investment: property tax. As urban development surges and the demand for real estate grows, understanding the intricacies of property taxation becomes essential for making savvy financial decisions. In this article, we’ll delve into the key components of property tax in Cambodia, equipping you with the knowledge to navigate this vibrant landscape with ease and confidence.1. Transfer Tax (or Stamp Duty) The Transfer Tax, also known as Stamp Duty, is a mandatory tax imposed on property transactions in Cambodia. It is calculated at a rate of 4% of the property’s official assessed value, which is determined by the government and is typically lower than the market price. This tax is paid by the buyer and is a significant component of the overall cost of acquiring property. The Transfer Tax is levied to formalize the transfer of ownership and is paid during the property registration process. While the 4% rate is standard, exemptions or reductions may apply in certain cases, such as for low-value properties or specific government incentives. Proper payment of this tax ensures the legal transfer of property rights and is a critical step in securing ownership.Certain exemptions exist, such as for properties transferred between relatives or for government-conferred land rights, which may qualify for deductions from the taxable base. Recent amendments have extended tax relief measures for properties valued at or below $70,000 until the end of 2024, aimed at stimulating the real estate sector amidst economic challenges. The General Department of Taxation oversees the administration and collection of these taxes, ensuring compliance with local regulations.2. Annual Property Tax (ToIP)Once you obtain the hard title of the property, there's an annual obligation to pay for the tax of that property. Land, Homes, buildings, infrastructure,.... of immovable property.Tax on Immovable Property is imposed at 0.1% on the value of immovable property exceeding KHR 100 million (approximately USD 25,000). The value is assessed by the Immovable Property Assessment Committee.Key exemptions include properties valued at or below the threshold, agricultural land actively used for cultivation, properties owned by the government or diplomatic missions, and properties in Special Economic Zones serving agricultural, industrial, or service activities. Notification 014 further clarifies that agricultural land in urban areas, classified as such on the title deed, also qualifies for exemptions unless used for non-agricultural purposes. To encourage compliance, the government offers an amnesty program for unregistered properties or those with incomplete TIM declarations, allowing property owners to register and pay back taxes without penalties by June 2025.How to calculate and pay? To calculate the property tax, 80% of the tax base is used, $25,000 is subtracted, and then 1% of the total is calculated. The following is the formula for property taxes:((Tax Base)*80%)-$25,000)*0.1% is the property tax.For example: For a property with a $100,000 tax base, the property tax is calculated by taking 80% of the tax base ($80,000), subtracting $25,000 (resulting in $55,000), and then applying the 0.1% tax rate, which results in a property tax of $55.Taxpayers have the option to make payments either at their local tax office or through banks. For properties that are already registered, taxpayers must provide their Property Tax Registration ID or the tax payment receipt from the previous year. If the property is not yet registered, it is crucial for the taxpayer to promptly visit the local tax office responsible for the property and complete the registration process.To register a property, the following documents are generally required:Tax Form PT01: This form, issued by the General Department of Taxation (GDT), gathers specific details about the property.Tax Form PT02: Also issued by the GDT, this is the tax application form.Identification documents: These can include the property owner's National ID Card, Birth Certificate, or Passport.Proof of residence: This may include a residence book, a family book, or a residency letter.Depending on the property type and transaction, additional documents may also be required. It is advised to consult with the local tax office for a comprehensive list of necessary paperwork.3. Unused Land Tax (ULT)The Tax on Unused Land differs significantly from the annual tax on Immovable Property (ToIP) in Cambodia, particularly in its applicability and the zone it covers. While the ToIP is levied on property within the designated taxable zone, the ULT targets unused lands located outside these zones that exceed 5 hectares per plot. To be classified within the immovable property tax zones, the land must meet specific criteria: it must be located in defined urban areas, have a market value exceeding KHR 100 Million (around $25,000), and should not be an agricultural or exempted property like a charitable or government land. Even if the property is partially constructed, it can be taxed if it meets the conditions.The tax base is determined by the Land Evaluation Commission, and owners are permitted to deduct five hectares from the taxable area.  This tax is levied at 2% of the market value on land that remains undeveloped or unutilized, as determined by the Unused Land Appraisal Committee.Exemptions are provided for cultivated agricultural land, land used for registered economic activities, and land within Special Economic Zones. The declaration and payment of The Tax on Unused Land have been suspended until the end of 2024, giving landowners time to prepare for compliance. Landowners must register and declare TUL annually by September 30.Note: if you own a property as a house/condo/building, you are not required to pay this tax. You're only required to pay Annual property taxes on Point #2. 4. Capital gain tax (CGT)Capital Gains Tax has been postponed for individuals until December 31, 2025, according to Instruction 014. Beginning in 2025, Capital Gains Tax will be subject to tax at 20% on gains from the sale or transfer of immovable property. Taxpayers can choose between an 80% flat deduction without documentation or an actual expense deduction supported by evidence. Exemptions include primary residences owned and used for at least five years and properties sold before the end of 2025.What is it? Capital Gains Tax is a tax imposed on the profit (or "gain") realized from selling or transferring immovable property. The taxable gain is determined by deducting eligible expenses from the sale price.Certain exemptions apply, including:Primary residences that have been owned and occupied for at least five years.Properties sold before the end of 2025.Calculation of Capital Gains TaxAs said, Capital Gains Tax is subjected to tax at 20% on the gain from the sale or transfer of immovable property. Taxpayers can choose between:Determination-Based Deduction: A flat 80% deduction from the total sale price, without requiring supporting documentation.Actual Expense-Based Deduction: Deduction of actual expenses incurred, including acquisition costs, holding costs, and transaction fees, provided they are supported by valid evidence.With the December 2025 deadline approaching, property sellers and investors should stay informed about compliance requirements to avoid unexpected tax liabilities when CGT enforcement begins.5. Tax on rental income In Cambodia, rental income tax is set at 10% of gross rental income but is rarely enforced for individual homeowners. It mainly applies to lease-registered and commercial properties, such as serviced apartments, where landlords must report rental income and expenses monthly. Most individual landlords do not declare or pay this tax, leading to low compliance. The tax calculation itself is very straightforward, 10% of the total rental income before deductions. For example, if a landlord charges $500 per month in rent, the corresponding rental income tax would be $50 per month ($500 × 10%).Despite existing legal requirements, enforcement mechanisms remain weak, and the government has yet to implement strict measures to ensure compliance. However, as Cambodia continues its push for tax reform and increased transparency, stricter enforcement could be introduced in the future. This would make it crucial for property owners to stay informed and prepared for potential regulatory changes.To Sum up, Property buyers, developers, and landowners are encouraged to stay informed about these updates and consult with the Ministry of Economy and Finance, licensed tax advisors, or trusted platforms like realestate.com.kh for tailored guidance and the latest insights.—--------------Interested in investing/buying a property in Cambodia, but need a professional consultant to guide you through the market, law, tax, and buying process here? Speak with our experts via -📞+855 92 92 1000📧 info@realestate.com.kh
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The Kingston Royale: Premium Condominium in Central Phnom Penh
June 5, 2025, 7:20 a.m.
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Rising in the city of Phnom Penh, the Kingston Royale is a landmark development that illustrates modern affordable, and practical urban living. Developed by a reputable team of experienced Cambodian real estate professionals, this premium condominium combines quality craftsmanship, elegant design, and accessible pricing to create a unique offering in the city of Phnom Penh. Location comes with convenienceIdeally located in Chamkarmon District, one of Phnom Penh’s most dynamic and sought-after neighborhoods, The Kingston Royale places residents within proximity to key commercial hubs, international schools (like the International school of Phnom Penh - ISPP), high-end shopping centers (including the Chipmong 271 mega mall, AEON Mall Mean Chey), hospitals (Chorey Hospital), embassies, and fine dining venues. Whether for work or leisure, everything you need is just minutes away.The Kingston Royale features 310 units spread across 36 stories, offering a variety of thoughtfully designed layouts tailored to modern lifestyles. Whether you're a young professional, a growing family, or an investor, there’s a space that fits your needs.Unit sizes range from 43 sqm studios to 117 sqm three-bedroom apartments. Each unit is designed with spacious interiors, high ceilings, and large windows for natural light and beautiful city views, premium finishes, modern kitchens, and stylish bathrooms come as standard as well.Beyond being a luxurious home, the Kingston Royale is also a smart investment. With Phnom Penh’s property market on the rise and foreign interest growing, the condominium offers strong rental potential and long-term value. Further reading: A Guide to Condo Buying: Due Diligence Checklist for CambodiaThe Kingston Royale offers a lifestyle that strikes a balance between wellness, leisure, and convenience. The building’s array of top-tier amenities includes:Fully equipped fitness centerSauna, steam room, and luxurious jacuzziSky garden with panoramic views of Phnom PenhInfinity pool for relaxation and recreationOn-site mini-mart for daily essentialsDedicated yoga and meditation roomGuided by Core ValuesThe Kingston Royale prides themselves on more than just construction, as they tries to build communities based on the following values:Affordability: Convenience living made accessible to a wider audienceQuality: Uncompromising materials and craftsmanshipIntegrity: Transparent, ethical, and client-focusedExcellence: Consistently exceeding expectationsReady to Experience The Kingston Royale?Whether you're looking for your dream home or a strategic investment in one of Southeast Asia’s fastest-growing capitals, The Kingston Royale is your perfect match. Discover available units, prices, and exclusive promotions now at realestate.com.kh – Cambodia’s leading property portal.Don’t miss your opportunity to own a piece of Phnom Penh’s future. Live in an easy environment. Invest with confidence. Welcome to The Kingston Royale.
Cambodia Condominium Report - Where And In What Are Buyers & Renters Interested
Cambodia Condominium Report - Where And In What Are Buyers & Renters Interested
June 5, 2025, 9:23 a.m.
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Last time we looked at the new Market Analysis 2025 - Cambodia Condominium Report from Realestate.com.kh and focused on trend changes and development in both sales and rental market demographics of key buyer and renter groups in Phnom Penh.With this detailed report, you get an honest, data-backed insight which can empower buyers, sellers, and developers to make informed choices in the Cambodian real estate markets, and specifically when it comes to condos.It should be noted that the terms "condo" and "apartment" are often used interchangeably in Cambodia. Tom O’Sullivan, CEO of realestate.com.kh, said, “Sales activity in the condo market is strong, particularly in well-built, well-located developments—a clear sign of a 'flight to quality, ' and although he does say the opportunities are real, you still need to consider the risks.Phnom Penh serves as the country’s political and economic centre and sees the most real estate activity, with the largest number of condos being added to the capital. Siem Reap is home to the world-renowned Angkor Wat temple and also has its appeal, while along the southern coast, Sihanoukville offers a gateway to Cambodia’s tropical islands and remains a vital part of Cambodia’s ongoing growth. 5% of total transactions were in Siem Reap, with 2% taking place in Sihanoukville.Why Sihanoukville Is Cambodia’s Top Destination for Infrastructure InvestmentWhat is Appealing to Cambodian Condo Buyers?Sotha Vatey, Sales Director at realestate.com.kh, explained that the demands for quality condos mean “there is also a strong emphasis on livability and lifestyle. Developers are expanding their amenities beyond the standard pool and gym, incorporating co-working spaces, libraries, gardens, rock climbing walls, golf simulators, cafés, restaurants, and more.”In terms of the preferences shown among buyers of condos in Cambodia, and in Phnom Penh in particular, 1-bedroom units have dominated buyer preferences and remain the most popular choice among investors due to their affordability, ease of rental, and strong appeal to singles and couples. One-bedroom condos contributed up to 61% of the total unit mixTwo-bedroom units contributed 20.5%Studio rooms contributed 10.1%Three-bedroom units contributed 8.4%In the Cambodian capital, it was also noted that there is a lack of supply of centrally located 3-bedroom units for rent, which presents a growing opportunity as demand rises.The report’s data suggest that there is a strong preference for central Phnom Penh locations to buy condos, with BKK1 holding onto its most desirable location yet again, followed by Toul Tom Poung.Top Four Most Popular Areas To Buy Property in Phnom PenhTop 5 Areas To Buy in Phnom PenhBoeung Keng Kang 1 (33.6 %) average price/sqm US $2,000BKK1 is seen as a safe area with proven returns from a premium neighbourhood, and investors are drawn to its consistent demand, high rental yields, and low vacancy rates. The central location ensures strong resale value and makes it desirable for investors seeking stability and capital appreciation.TTP (15.5%) average price/sqm US $1,200The area known as Russian Market remains fast-growing and a lifestyle hub with a strong local-foreigner blend. TTP has a vibrant culture and offers affordability, thus attracting buyers priced out of BKK1 and Tonle Bassac.Toul Kork (15.2%) average price/sqm US $1,450The area is home to the growing middle class as well as being favoured by affluent Cambodian families, while the condo options make it more accessible to middle-class and younger buyers. The location offers easy access to the CBD the pricing of the condos here appeals to those working in the city centre. Chroy Changvar (8.7%) average price/sqm US $1,700Offering riverside living with rising infrastructure-led value, the area’s improved connectivity, as well as relatively peaceful riverside living and open spaces, has seen its popularity grow as it has long-term growth potential.Chbar Ampov (7.7%) average price/sqm US $1,600The district is rapidly developing and more affordable than the other areas, with prices generally below the city average. Located in the southeast of Phnom Penh, Chbar Ampov is connected with newer transport links, which also make it more convenient to live in.In terms of pricing in Phnom Penh, the average price per square meter is US $1,800 gross, with Tonle Bassac demanding the highest prices of an average of US $2,500.Boeung Keng Kang Remains a Firm Favourite In Phnom PenhWhat Are Phnom Penh Condo Renters Looking For?In terms of what renters of condos desire in Phnom Penh, 1-bedroom units dominate rental demand in the same way 1-bedroom condos lead sales. In terms of preferences and average rental prices per month in the capital:One-bedroom condos 72% - US $350Two-bedroom units contributed 18% US $500Three-bedroom units contributed 5% US $900Studio rooms contributed 5% US $1,322Studio units make up just 5% of long-term rental demand but perform better in the short-term market. Phnom Penh's Top Condo Projects Ready for Handover in 2025!Top 5 Areas To Rent in Phnom PenhThe most popular areas to rent show some stark differences from where buyers are looking to invest in Phnom Penh.BKK1 18.5%Toul Kork 16%Tonle Bassac 15.4%Daun Penh 12.2%TTP 11.4%The full range of average rental options for unit types in each area. It is worth noting that BKK1 (Boeung Keng Kang 1), which commands the most premium rents in the city, one-bedrooms average US $800, two-bedrooms are US $1,450, and three-bedrooms average US $2,550. In Tonle Bassac and Toul Tom Poung (Russian Market), one-bedroom units average US $600 per month compared to US $500 in Toul Kork.In Tonle Bassac and Toul Tom Poung (Russian Market), one-bedroom units average US $600 per month compared to US $500 in Toul Kork.Major handovers are expected in 2025, including Le Condé BKK1 (1,000+ units), Vue Aston (800 units), and Time Square 306 (350 units), bringing over 2,000 units to the market. According to data in the report, on average, it takes around 12 to 18 months after a new apartment building is completed to fully understand how the rental market absorbs the new stockYou can see additional case studies, real estate checklists, a breakdown of fees, and more are available in the report, which can be downloaded for free.
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La Vista One- Redefining Luxury Living in Phnom Penh
June 3, 2025, 6:45 a.m.
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The grand reveal of La Vista One’s showroom has become the talk of Phnom Penh, captivating attention with its blend of elegance, thoughtful design, and beautiful panoramic views.This is more than just a home. It’s a reflection of status, refined taste, and a life lived without compromise.A Residence That Captures the SpotlightSince opening, La Vista One's showroom has taken social media by storm. From its luxurious interiors to the stunning cityscape it overlooks, the showroom isn’t just beautiful, it’s unforgettable.What Truly Sets a Home Apart?In a market filled with ordinary developments, La Vista 1 dares to ask:What does real elegance look like?What kind of space deserves the best of the city’s views and resources?What does a truly luxurious lifestyle feel like?The answer: a home that is meticulously crafted, and thoughtfully designed with care. La Vista One: Where Prestige Meets ComfortA Grand ArrivalStep inside La Vista One, and you’ll immediately feel the difference. The spacious lobby, adorned with over 60% natural stone, features intricate textures and bold finishes that feel like a luxury gallery. Every space is designed to be a gallery, elegant, private, and serene.Panoramic Views, Elevated LivingForget limited or partial views. At La Vista One, residents can enjoy 270-degree, floor-to-ceiling views that capture the very beautiful scene of Phnom Penh: the golden glow of the Royal Palace, the calm flow of the Tonlé Sap and Mekong Rivers, and the city’s glittering skyline. Every window becomes a living canvas, and the entire apartment is a front-row seat to the city.Intelligent Design, Timeless LuxuryEvery detail inside La Vista 1 has been designed to deliver both function and beauty:Smart Home Integration: Control lighting, temperature, and air quality with ease.Advanced Air Purification: A millimeter-precise system keeps the air fresh and balanced, offering clean, oxygen-rich comfort year-round.Natural Stone Finishes: Featuring rare stones like Fendi White and Travertine, each slab is a unique masterpiece formed over millions of years.Warm Wood Accents: Premium veneer finishes add texture and sophistication.World-Class Appliances: Outfitted with top international brands including Electrolux, A.O. Smith, Grohe, Hansgrohe, and Duravit, ensuring performance and elegance in every corner.This is not just interior design—it’s the proof of luxury living.A Private Club Above the CityResided on the 42nd floor, the exclusive sky club is reserved for residents only. It’s more than an amenity—it’s a lifestyle hub:Host executive meetings in the private boardroom.Unwind with a glass of wine in the cigar lounge, set against sweeping skyline views.Practice your swing with an indoor golf lounge.Recharge in spa-style hot pools or impress guests with an unforgettable dinner in the sky.A New Icon for the CityIn a city that’s evolving fast, La Vista One leads the way. It sets a new benchmark not just for architecture and design, but for what it means to truly live well.If you’re seeking more than just a home, if you’re looking for a place that matches your ambition and lifestyle, La Vista One is ready to welcome you.
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Book Your Time Square 10 Ocean View Unit in Sihanoukville Today!
June 9, 2025, 6:26 a.m.
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Time Square 10 Ocean View is the newest project from Megakim World Corp., a well-known name in Cambodia’s condominium market. Located at the entrance of Otres Beach, right beside Brown Coffee, this development gives buyers the chance to own a well-positioned and comfortable home near the sea.Sihanoukville is Growing AgainSihanoukville is experiencing strong growth after a period of difficult years. Since the opening of the new Phnom Penh–Sihanoukville Expressway, more people are visiting and investing in the city. Travel time has been reduced, making weekend trips and second homes more realistic for Cambodian families.Well-known brands like Starbucks and Brown Coffee have returned to the area, showing increased confidence in Sihanoukville's future.While the city center is being cleaned up, most of the new interest is focused on the southern area near Otres Beach. This part of town is cleaner, quieter, and quickly becoming the new center for beach living and tourism.Time Square 10 Ocean View sits right at the entrance to Otres Beach. It's close to restaurants, cafés, and the beach itself. This makes it a great option whether you want a holiday home, a long-term apartment, or an investment property.Project Details Total building: 3 towersLand Size: 5629 SQMAvailable Units: 1300 units still availableUnit Sizes: From 36 to 53 square metersUnit Types: Studio, 1-4 bedroom, layoutsTotal Floors: 37 floorsStarting Price: From $40,000Payment Plans: Flexible options availableWhat’s IncludedThe development includes three towers—Ocean Diamond, Ocean Gold, and Ocean Crystal—designed for both comfort and lifestyle. The ground floor features a green park, beachfront club, and main lobby. Floors 2 to 5 are for parking, while the 6th to 30th floors offer a variety of residential units. The 31st floor is a full Sky Lounge with a running track, sky pool, gym, yoga space, lounges, clubhouse, and kids’ facilities. Floors 32 to 37 house spacious duplex units with elevated views. At the top, the 38th and 39th floors feature the TS Clubhouse and Sky Bar, offering a rooftop infinity pool, cinema, lounges, and panoramic ocean views. Why Time Square 10Sihanoukville is not just a tourist town. It plays an important role in Cambodia’s economy, with a deep-sea port, an international airport, and a growing special economic zone (SEZ).The demand for coastal homes and holiday apartments is increasing, especially among locals. Time Square 10 offers:A trusted developer with a proven track recordGood prices and flexible payment termsA strong location close to Otres BeachLong-term potential for value growth and rental income  Own a modern, well-located condo just steps from Otres Beach. With flexible payment plans, strong rental potential, and units starting from just $40,000, Time Square 10 Ocean View is the smart choice for holiday living or long-term investment.Secure Your Ocean View Unit at Time Square 10 Today and Book your unit with Realestate.com.kh now!📞+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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Investment & Market Analysis 2025 - Cambodia Condominium Report - Where Do The Buyers Come From?
Investment & Market Analysis 2025 - Cambodia Condominium Report - Where Do The Buyers Come From?
June 5, 2025, 3:55 a.m.
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The new Investment & Market Analysis 2025 - Condominium Report from Realestate.com.kh aims to provide honest, data-backed insights to empower buyers, sellers, and developers to make informed choices in the Cambodian real estate markets, specifically when it comes to condos, which have been a frontrunner in property sales in the Kingdom. The detailed report contributes to a more transparent, trusted and sustainable market and forms part of essential knowledge when looking at buying in the market.Realestate.com.kh CEO Tom O’Sullivan says in the report, ”While condos have long attracted foreign investors, we’re now seeing an increased interest from Cambodian buyers and renters alike,  driven by shifting lifestyle preferences and a growing demand for convenience, modern amenities, and independent living. Although the market is still recovering post-COVID, sales activity in the condo market is strong, particularly in well-built, well-located developments - a clear sign of a “flight to quality.” But while the opportunities are real, so too are the risks."Why Buy a Condo in Cambodia?Many of the pull factors for why investors and property buyers are attracted to Cambodia remain the same, and especially for international buyers, the fact that they can purchase 100% freehold ownership allowed legally and companies can be 100% foreign-owned - the Kingdom is very foreign-friendly and Foreign Direct Investment in all sectors is a key growth driver.In terms of growth trends, there are some key drivers too, notably:Young PopulationRapid infrastructure developmentIncreasing UrbanisationSotha Vatey, Sales Director at realestate.com.kh, explained, “It’s no longer just about offering a place to live - it’s about delivering a complete, engaging living experience that captures the buyer’s imagination and sets new standards for urban living.”How The Market Shifted Post-PandemicSotha Vatey says, “In the past, many overlooked key factors — like developer reputation, project stability, pricing, and truly assessing livability. But after seeing market underperformance (especially pre-pandemic), buyers are now more cautious before committing. This shift is pushing developers to exceed expectations, not just meet them.”A Guide to Condo Buying: Due Diligence Checklist for CambodiaVatey explains that among the changes the condo market has seen are:Leading developers are offering smarter product offerings, better designs, and more flexible payment plans.Payment terms might include up to 50% of payment due only at completion to ease buyer risk during the construction phase and help build confidence.Adjustments in pricing models are intended to appeal to a broader pool of buyers, domestically and overseasRenewed focus is on making property ownership in Cambodia more accessible.Developers have emphasised livability and lifestyle. Amenities are broader and competitive and include co-working spaces, libraries, gardens, rock climbing walls, golf simulators, infinity pools, etc.Has There Been a Change in Buyers' & Renters Origin?Condo Buying DataThe Market Analysis 2025 - Cambodia Condominium Report details the development in both sales and rental markets and explores the demographics of key buyer and renter groups in Phnom Penh, which is very insightful.The Cambodian condo market has historically been driven by foreign investment, and this seems to have largely remained the same for the condo market based on the latest available data, although Cambodian buyers made up 18.2% of the market. The attraction of the Cambodian property market is driven by competitive prices. The foreign ownership of strata-title units and an increasing diversity of buyer nationalities show the Kingdom is better intertwined on the global scene.The regional market is still an important one, and investors and buyers from Singapore, Malaysia, Thailand, Vietnam, and China help drive demand for Cambodian condos.Interestingly, Eastern Europe is the fastest-growing segment, and the likely cause is the geopolitical instability forcing more investors to seek safer and more stable opportunities abroad.International buyers dominated condo sales:USA (10.3%)Singapore (7%)UK (6.7%)China (6.7%)Russian (6.2%)German (5.3%)French (4.4%)Australian (4.4%)Japan (3.8%)Korean (2.1%)This growing domestic participation suggests increasing confidence in the condo segment among domestic buyers, likely driven by rising incomes, urbanisation, and shifting lifestyle preferences indicated in the report.Condo Renting DataFor the rental data, logically, Cambodian nationals make up the largest share at 13.8%, but they are responsible for driving demand due to increased interest spurred by an expanding middle class, urban migration, and evolving lifestyle preferences among young professionals and families. Among foreign renters, Americans also lead the rental stats for condos, but the overall picture is one of a diverse mix of nationalities across Asia, Africa, Europe, and the Americas. There is less of a presence from regional renters, as Vietnamese, Malaysians, and Indonesians are present in smaller percentages. USA (10.6%)Chinese (9.8%)French (9.0%)Japanese (8.3%)South Africans (6.8%)British (5.2%)Australian (3.6%)Koreans (3.2%)Top FAQs for Real Estate Investors in CambodiaThe report suggests that, as Phnom Penh’s condo market has matured, well-located, mid-to-high-end developments continue to attract investors seeking both capital growth and rental income. In 2025, over 9,000 condominium units are scheduled for completion.Next week, we look at where and what condos are proving to be most popular and what trends can be identified in preferences of renters and buyers in Phnom Penh, and some hotspots to keep an eye on in the condo market.
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La Vista One Sets the Standard for Cambodia’s Premium Property Market
May 28, 2025, 7:04 a.m.
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By redefining true prestige, La Vista One brings in a new era for Cambodia’s premium real estate.In Phnom Penh, luxury real estate has grown rapidly, with many developments offering spacious layouts, skyline views, and high-end finishes. But for some buyers, these offerings are starting to feel increasingly similar, repeating the same designs, materials, and features.This raises a natural question:Is there more to luxury living than what we’ve seen so far?As Cambodia rises on the global stage, so must the quality of the property inside the country. Comes, La Vista One, a riverfront development that doesn’t just offer luxury—it defines it.A New Landmark on the MekongSet at the rare confluence of the Mekong and Tonlé Sap rivers, La Vista One claims one of the most valuable pieces of land in Phnom Penh’s Chroy Changva district. This isn’t just a prime location—it’s a powerful and meaningful place, long seen as the “feng shui center” of Cambodia’s capital.The area, backed by national urban development plans and many upcoming infrastructure projects like the Cambodia-Korea Friendship Bridge, is set to become the city’s economic and cultural epicenter. While others build for today, La Vista One has already set a plan to align itself with Phnom Penh’s future.Built by Visionaries, Crafted for IconsGreat locations demand great design. La Vista One delivers by partnering with Yinjian Decoration, one of Asia’s top luxury design firms. With a client roster that includes Alibaba, Fosun, and landmark residences like Beijing No.1 Courtyard and Wanliu Academy, the firm brings decades of experience crafting homes not just for living, but for legacy.From hidden smart home systems to well-controlled elevators, every detail at La Vista One is built for those who expect global standards. This isn’t a copy of Western luxury, it’s a proud Cambodian take on elegance, blending craftsmanship, culture, and confidence.Luxury Materials That Stand OutWhile many buildings highlight imported marble, La Vista One goes further, using some of the rarest and most beautiful stones in the world:Calacatta Grande from Italy’s famous Carrara quarriesPeacock Quartzite, a precious Brazilian stone found in just 0.1% of luxury homes worldwideFendi White, a favorite among top global designersSnowflake White, only available from one quarry in ItalyThese stones aren't just decoration, they tell a story. Each piece has come from across the globe to bring beauty and uniqueness to every part of your home. Walking through La Vista One is like walking across pieces of Earth’s ancient history!Your Private World Above the CityLa Vista One doesn’t believe in crowded, shared spaces. Instead, it offers a private, peaceful retreat high above the city—a clubhouse just for residents.Highlights include:A CEO's office with sweeping views of the Mekong River and the Phnom Penh skylineA golf simulator lounge located 200 meters in the airA private wine and cigar room with rare wines and top-grade Cuban cigarsA sky spa, where you can relax while looking out at three rivers meeting belowWith art lounges, fine dining areas, and more, every part of La Vista One is made for people who expect the very best. This is not a place for everyone, it’s built for those at the top.Service That Lives Up to the LuxuryAt La Vista One, luxury starts the moment you arrive. Showings are by appointment only, so each guest gets a private, relaxed experience with no waiting or distractions.What you can expect:Custom lighting, music, and scent to match your preferencesTours in English, Khmer, or MandarinHand-picked drinks and treats during your visitOne-on-one attention, with no rush and no crowdsBecause true luxury isn’t just about what you see—it’s how you're treated.A New Standard for Southeast AsiaOfficially opened from today onward, La Vista One is more than just a place to live—it’s a new standard for luxury in Phnom Penh and beyond.Private viewings are available by appointment only for those who expect the best.
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The ultimate guide to The Royal Beach Resort & Residence
May 26, 2025, 8:12 a.m.
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The Royal Beach Resort & Residence is a new beachfront villa development by Vireak Buntham Group, professionally managed by Elite Hospitality Management (EHM). Offering fully furnished, modern villas and an impressive array of amenities, this project is located on the mainland coast of Koh Sdach, in Kiri Sakor district, Koh Kong province, Cambodia.Koh Kong is quickly becoming a favored destination for property buyers and investors, thanks to many key infrastructure upgrades, such as the Dara Sakor Special Economic Zone and major road developments improving access from Phnom Penh and other surrounding areas. These improvements are transforming the province into a peaceful yet well-connected coastal escape.Further reading: The ultimate location guide to Koh SdachMore details on The Royal Beach Resort & Residence The villas at The Royal Beach Residence are modern and fully furnished, designed for comfort and style. The villas are divided into 4 types (Romdoul, Kravan, Jasmine, and Orchid), suitable for families or groups. Each villa has a private pool and outdoor space, perfect for relaxing with ocean or garden views. The design focuses on modern living with air conditioning, balconies, and pet-friendly options as well.What you can expect from this project:The first-ever beachfront villas available for sale in the areaFully furnished units with full appliances, thoughtfully designed for comfort and styleReady to move in, no waiting, no hassle!Attractive rental returns ranging from $2,000 to $4,500 per monthFinancing options are available with bank loans of up to 20 yearsEligible for foreign ownership, making it accessible to international buyers as wellIncluded Amenities:Cambodia’s longest swimming pool (200 meters) Private pools in each villaBeach volleyball and other water sports like jet skiing, fishing, and divingA gym and fitness centerBeautiful gardens and picnic areasOn-site steam sauna spa and jacuzzi for relaxation24-hour security with gated community and video surveillanceFree parking and shuttle service to the beachRestaurants, bars, and coffee shops within the resortMeeting rooms for business needsReady to own your dream beachfront villa in Koh Kong? This is the first one, so don’t miss your chance! Visit realestate.com.kh today to explore listings, get detailed information, and connect with trusted agents who can help you find the perfect home or investment property at the Royal Beach Resort & Residence!📞+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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HOSKAR NIGHT PHNOM PENH 2025: CONNECTING INDUSTRY LEADERS TO EXPLORE CAMBODIA'S HOSPITALITY FUTURE.
May 23, 2025, 7:35 a.m.
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Cambodia’s hospitality and real estate sectors are undergoing a significant transformation. After a few years of slowdown, the market is now showing signs of recovery, with a noticeable increase in arrivals - led by a resurgence of Chinese tourism. Improved infrastructure, including new airports, has boosted investor confidence, attracting growing interest from both regional and international players.To support this momentum and foster meaningful business connections, HoSkar Night – Asia’s most vibrant networking series – returns to Cambodia following a successful edition last year. The exclusive event will be held on June 4, 2025, at Rosewood Phnom Penh and will bring together key stakeholders from across the region to engage with local developers and hotel owners.Mauro Gasparotti, Senior Director and Head of Southeast Asia Hotel Advisory at Savills Hotels, as well as the founder of WeHub and creator of the HoSkar Night series, commented: “Cambodia has always been a fascinating market for the hospitality industry, thanks to its rich heritage, culture, and history. We are proud to bring our HoSkar series back to Phnom Penh, creating a platform for regional investors to connect with local real estate and hotel developers. WeHub will also host a seminar focused on Cambodia’s market updates and discussions about investment and development opportunities.”Recognized as the premier networking platform in the region, HoSkar Night is tailored for professionals in the hospitality and real estate sectors to connect with real estate developers, hotel owners, designers, general managers, senior industry leaders, technology specialists, and forward-thinking entrepreneurs.Kicking off the proceedings on June 4th at Rosewood Phnom Penh will be a private Developers’ seminar from 4:00 to 6:00 PM. This session will explore Cambodia’s hospitality market, including branded residences, design innovation and real estate opportunities. It will feature expert insights, panel discussions with leading developers and operators, and key updates on market trends shaping the future of the industry. Following the seminar, the HoSkar Night networking session will begin at 6:00 PM offering guests an evening of high-level conversations, the opportunity to explore potential business partnerships, and to enjoy socializing. Beyond typical networking event, HoSkar Night provides a uniquely intimate setting for professionals to exchange ideas, uncover synergies and build lasting relationships. With a focus on quality over quantity, the event stands out as the go-to gathering for serious players in the industry.Due to limited capacity, we will be implementing a "First-register, first-served" policy, with priority given to selected categories. Entry is exclusively granted with the confirmation email from the WeHub Team. Inquire now to join the HoSkar Night Phnom Penh on 4 June at: https://hoskarnight.com/registration-phnompenh/.WeHub, the organizer of HoSkar Night, partners with best-in-class brands including VinHMS, Savills Hotels, Salto Systems, Seara Sport Cambodia, Archetype Realty, Architectural Engineering Consultants, Confluences Trading, B2B Cambodia, PR Newswire APAC and Travel Daily Media - TDM to craft meaningful experiences for the community.After Phnom Penh, the HoSkar Night series will continue across the Asia-Pacific region, with upcoming editions planned for Ho Chi Minh City (10th July), Hanoi (1st October), Manila (October) and Dubai (November) throughout 2025.For more information about HoSkar Night in Phnom Penh and WeHub’s upcoming events, please contact: Host@wehubyou.com.Vision Asia Pacific is a registered company which owns WeHub and organizes many event series, including the Meet The Experts conference (MTE) and the HoSkar Night networking event.
cambodia-investment-and-market-analysis-condominium-report
Realestate.com.kh’s Investment & Market Analysis - Condominium Report
May 21, 2025, 8:02 a.m.
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On May 20th, 2025, Realestate.com.kh published an extensive report titled “Cambodia Investment and Market Analysis,” which provides a comprehensive overview of Cambodia’s condominium market. The report examines the current state of the condo sector, reviews past market trends, and offers insights into future prospects.The analysis highlights the challenges Cambodia’s real estate market has faced in recent years, including slower transaction volumes, price corrections, and a broad market reset affecting most sectors. While some segments continue to experience the effects of oversupply and shifting demand, early signs of stabilization are emerging in specific areas.Focusing on the post-pandemic recovery, the report details the surge in both sales and rental markets. It also explores the demographics and preferences of key buyer groups over recent years, shedding light on who is driving demand.Additionally, the report includes a practical case study to help buyers understand and calculate their return on investment (ROI). It offers essential resources such as a buyer toolkit, a due diligence checklist, and answers to frequently asked questions, making it a valuable guide for prospective purchasers.This thorough report is a vital resource for investors and buyers seeking to navigate Cambodia’s evolving condo market with confidence.Don’t miss out on this essential insight into Cambodia’s condo market! 👉 Click HERE to download the full “Cambodia Investment and Market Analysis” report by Realestate.com.kh now!
Cambodia Bridges Cultural Heritage and Modern Living at Expo 2025 Japan, with J Tower 3 as a Symbol of Growth
Cambodia Bridges Cultural Heritage and Modern Living at Expo 2025 Japan, with J Tower 3 as a Symbol of Growth
May 14, 2025, 9:31 a.m.
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Since Expo 2025 in Osaka, Japan opened on April 13, the Cambodia Pavilion has captured attention for its thoughtful blend and representation of the Kingdom’s legacy and progress. Through advanced projection mapping and immersive displays, the pavilion brings to life Cambodia’s rich cultural heritage with a bold vision for the future.At the centre of the exhibit is a striking tribute to Koh Ker Temple, a UNESCO World Heritage Site known for its architectural boldness and historical significance. Surrounded by artefacts and symbolic design elements, the pavilion pays homage to Cambodia’s ancient temples and natural beauty. Alongside this tribute to the past, Cambodia is also presenting its future.One of the pavilion’s most talked-about features is J Tower 3 - a landmark condominium project currently under construction in Phnom Penh. The project reflects Cambodia’s accelerating urban transformation and rising international relevance as an emerging destination for tourism, investment, and development.Unlike the futuristic prototypes many countries are showcasing for 2050, Cambodia is presenting something real — and already in motion. J Tower 3 is being built amid a surge of national infrastructure upgrades, including major expressways, ring roads, and the highly anticipated Techo International Airport, set to open in July 2025, which reinforces Phnom Penh’s position as a modern gateway to the region. Its presence adds a sense of authenticity and credibility to the pavilion’s story.At 333 meters tall, the modern J Tower 3 will tower above Phnom Penh’s current skyline, and is vastly taller than the culturally significant Koh Ker’s 36-meter stepped pyramid. The contrast is striking, symbolising a nation that honours its past while rising with confidence into a new era of modernity.“As a Japanese developer with multiple projects in Cambodia, we’re deeply committed to supporting the country’s growth. It’s an honour to showcase both Cambodia’s potential and our project on such a global stage,” said Tani Shunji, CEO of Tanichu Group.The inclusion of J Tower 3 in Cambodia’s national exhibit underscores its significance, not just as a building, but as a statement of ambition, confidence, and Cambodia’s strengthening relationship with Japan.According to exhibition staff, visitors have been surprised and impressed by the scale of the project. For many, it challenges outdated views of Cambodia as simply a land of temples or a developing nation. Instead, it positions the country as an emerging player in global urban development.As Expo 2025 continues to explore the future of cities and societies, Cambodia’s pavilion stands out — not just for what it remembers, but for what's next.Click here if you would like to learn more about JTower 3.
Location guide to Koh Sdach
Location guide to Koh Sdach
May 22, 2025, 7:03 a.m.
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The Appeal of Koh Sdach Koh Sdach (also known as King Island) is a small island located off the coast of Koh Kong Province in southwestern Cambodia in the Gulf of Thailand and forms part of an archipelago of 12 islands. The bean-shaped island runs a length of approximately 2.8 km from North to South on flat terrain. King Island has seen recent development due to its attraction as a stunning getaway island surrounded by clear waters and rich marine life. The best time to travel to Koh Sdach is from November to July, while the hottest period is from March to May. Like the rest of Cambodia, the rainy season is generally from July to OctoberLocated only a 10-minute boat ride from the Koh Kong mainland, the island is approximately halfway between Koh Kong and Sihanoukville, and the increasingly popular tourism destination is most well-known for its stunning white beaches, clear waters, and marine life.Even though the island is seeing increased development, it is still remote, and the infrastructure is advancing. Most visitors enjoy the atypical island benefits of snorkelling, diving along coral reefs, and even inland hiking.Under the current national Cambodian plans, there is a roadmap to better connect all of the key tourism and logistics hubs as part of the infrastructure investments.About Koh Kong ProvinceKoh Kong is located on the Cambodian border with Thailand and is a gateway to both ecotourism and coastal development.The area is one of Cambodia’s most naturally diverse provinces, known for its tropical rainforests, mangroves, waterfalls, and beautiful beaches and attracts attention for its natural beauty and potential for sustainable tourism and investment.Koh Kong Province has seen increased investment and development of its road infrastructure, transforming it from a remote coastal region into a better-connected, accessible destination. The upgrade of National Road No. 48, which connects Koh Kong to Phnom Penh via National Road No. 4, will dramatically improve travel times and open the province to both domestic and international visitors and is due for completion by the end of 2025.The operational Dara Sakor Airport, which was officially opened to domestic charter flights in December 2024 and started handling domestic commercial flights in the first half of 2025, plans to expand commercial operations as demand grows.(Source: "Koh Kong, Cambodia" Koh Kong, Cambodia)In recent years, Koh Kong Province has seen significant investment in road infrastructure, transforming it from a remote coastal region into a well-connected, accessible destination. The upgrade of National Road No. 48, which connects Koh Kong to Phnom Penh via National Road No. 4, has dramatically improved travel times and opened the province to both domestic and international visitors. The currently operating Dara Sakor Airport, which was officially opened to domestic charter flights in December 2024,  currently serves flights primarily involving company staff and government officials, with plans to expand commercial operations as demand grows as well. How to Get to Koh SdachGetting to Koh Sdach is relatively easy, and there are now options by road before connecting to a ferry, or by air to the airport at Dara Sakor before finishing the journey by sea.There are also plans afoot to better connect all of the islands off the southern Cambodian coast, and new ports such as those in Kampot will help support this ambition. This means Kampot, Sihanoukville, the variety of islands, as well as international destinations in Vietnam and Thailand, will be interconnected.There are also plans to launch the transportation options via seaplane.By Road and SeaFrom Phnom Penh, you can reach the nearest coastal access point at Kiri Sakor District by bus or private car. Travellers can head directly to Koh Kong or go along the Sihanoukville Expressway and onto Koh Kong via Sre Ambel road.Once at Kiri Sakor port, a local boat or private ferry to Koh Sdach is available, and depending on conditions, the boat ride takes about 10-15 minutes.By Air and Sea Cambodia Airways offers flights between Dara Sakor in Cambodia’s Koh Kong province and Phnom Penh via an A320 with 180 seats, with flights arriving on Fridays. The frequency of flights will increase to three weekly flights once there is more demand.You will then need to head to Kiri Sakor port and take the boat options as above.Some eco-resorts or guesthouses on the island can also arrange transfers directly for guests.Top 3 Ways Tourism And Investment Boost the Cambodian Property Sector (Buva Sea boat to Koh Sdach by Vireak Buntham)Activities On Koh SdachAn increasing number of accommodations catering for the diverse range of visitors to the island have opened, and they offer a range of activities. Compared to the mainland area, the island is intended to be a more relaxing and peaceful destination and offers a range of accommodation, including some high-end options.Koh Sdach offers a blissful and laid-back island experience, but there is plenty to keep residents and tourists busy as it's a marine paradise.Visit the local Koh Sdach Fishing Village: The vibrant local Fishing Village offers a variety of fresh seafood, and you can learn traditional fishing techniques.Snorkel & Dive the Koh Sdach Archipelago: The waters around the island offer a variety of coral reefs, marine life, and tropical fish in a rich biodiverse area.Island Hopping and Beaches: Visit nearby tropical islands like Koh Totang and Koh Ach Seh, and relax on the uncrowded, beautiful beaches.Fishing & Kayaking: Local tours offer authentic experiences with local fishermen or serene paddling on calm waters off Koh SdachVisit the Mangroves: Enjoy a visit to the mangroves and head through the peaceful waterways surrounded by wildlife, and soak up the island life.Although there has been no update for more than a year, the Council for the Development of Cambodia (CDC) was looking at a proposal for the construction of an amusement park in Koh Sdach commune, worth US$ 14 million.Pushing To Be a Recognised Green DestinationKoh Sdach is striving to be seen as a sustainable and green destination in Cambodia, and already on the island, there are good examples of this.Organic vegetables are grown, and there are efforts to be self-sufficient. Approximately 90 per cent of the transportation on Koh Sdach is via electric scooters, and there is already a large desalination plant producing clean water.Development Around Koh SdachKoh Sdach is seen as a focal point for eco-resorts, sustainable tourism, and boutique investment opportunities, while the mainland directly opposite Koh Sdach is rapidly gaining traction among developers and investors.One of the more recent coastal property developments is the Royal Beach Resort & Residence, a villa project developed by Vireak Buntham Group, and located on the Koh Kong mainland but close to Koh Sdach.This fully completed beachfront villa development is in the Kiri Sakor district, offering pristine, quiet beaches and enhanced infrastructure. These include better access roads and nearby support services. The mainland area near Koh Sdach is well-positioned for eco-conscious development, residential expansion, and tourism-based investment. Its combination of accessibility, natural beauty, and regulatory-friendly investment conditions makes it one of the most promising coastal regions in Cambodia.(The Royal Beach Resort & Residence)Thinking of Investing Near Koh Sdach?Whether you're looking for beachfront property, eco-resort opportunities, or long-term land investment, Realestate.com.kh is Cambodia’s #1 property platform. Explore listings, connect with trusted agents, and stay ahead of upcoming coastal developments. Contact us now!📞+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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A Guide to Leasehold Property in Cambodia
May 22, 2025, 10:03 a.m.
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If you’re exploring real estate in Southeast Asia, you’ll likely come across leasehold ownership — a structure widely used in places like Thailand, Bali, Malaysia, and Singapore.Unlike freehold, where you own the property outright, leasehold gives you the right to occupy and use a property for a set period — often 20 to 30 years in Indonesia and Thailand and 50-99 in cambodia — under a legal agreement.When done right, leasehold can be a safe, practical, and cost-effective way to invest in premium locations. But understanding who’s behind the project and how the lease is structured makes all the difference.If the property is:Developed by a trusted, well-known companyProfessionally managed by an experienced operatorFinanced by a reputable bankThen leasehold can offer the lifestyle and investment benefits you’re looking for, with added peace of mind.Additional reading: Understanding Cambodia’s Foreign Ownership LawsWhy Leasehold Is Used for Waterfront Development in Cambodia?Under Cambodian land law, private ownership via hard title is not permitted within 100 meters of the sea and 50 meters of rivers. These government-defined setback zones are in place to control development near natural waterlines.However, these areas can still be privately leased and developed. That’s why leasehold has become the legal and practical vehicle for building along the coastline or riverfront. It enables developers to deliver high-end beachfront and waterfront projects while staying fully compliant with national regulations.For buyers, this means many true beachfront or riverfront properties in Cambodia will be leasehold, not because they’re risky, but because it’s the only legal pathway to own property in these zones.That said, due diligence is still essential. Always make sure:The project is led by a trusted, reputable companyContracts like the Sale & Purchase Agreement (SPA) are reviewed by a qualified lawyerThe development is transparent, legally sound, and managed by experienced professionalsFurther reading: A Guide to Condo Buying: Due Diligence Checklist for CambodiaIn short,Leasehold can be a smart, secure way to own property — as long as you understand the structure and choose the right partners.Contact us now for more information-📞+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
due-diligence-checklist-for-buying-property-in-cambodia
A Guide to Condo Buying: Due Diligence Checklist for Cambodia
May 22, 2025, 10:02 a.m.
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Investing in a condominium in Cambodia can be a rewarding decision, but it's essential to proceed with careful due diligence to avoid costly mistakes. Realestate.com.kh has compiled a comprehensive due diligence checklist to guide buyers through the key aspects of purchasing a condo in the Cambodian market. This guide outlines the critical checks and questions to ask before committing.** Due diligence: is the process of collecting and assessing all of the legal documents and information related to immovable property to understand and identify the potential liabilities and be able to make an informed decision. 1. Project, Agent & Developer VerificationBegin your journey by verifying the credentials of the developer and the sales agent. Ensure the developer is licensed and legally registered in Cambodia, and that the agent—ideally supported by an in-house legal team—is also properly authorized.Key questions might include:Has the project received official approval from the Ministry of Land Management, Urban Planning and Construction (MLMUPC)?Is the project a strata title development, allowing individual ownership?Does the developer have a reliable track record of completing and handing over projects on time?It’s also wise to investigate any public complaints, legal issues, or disputes associated with the developer. Confirm whether the land has been used as loan collateral, as this can complicate ownership rights.2. Financial & Tax ConsiderationsUnderstanding the financial aspects of your purchase or investment is crucial. Check whether the booking fee is refundable and be clear on the payment structure, including deposits, milestone payments, and final balances.Buyers should ask:What taxes and fees apply, such as stamp duty or VAT?Are payments processed securely through a trusted channel?What is included in the sale—furnishings, fixtures, or incentives like rental returns?Further reading: What Taxes Do You Pay When Buying Property in Cambodia?3. Legal & Contractual ReviewBefore signing any agreements, thoroughly review the Sales and Purchase Agreement (SPA). It should cover all essential elements, such as pricing, payment timelines, penalties, refund policies, and conditions around transfer and ownership.Pay special attention to whether the SPA:Mentions strata title registration and ownership rightsDetails of ongoing management fees and chargesOutlines the foreign ownership quota (and whether it is still available)Confirms your unit is not located on the ground floor if you're a foreign buyer (as ground-floor units are often restricted)4. Ownership Transfer & HandoverAs you approach completion, clarify the timeline and responsibilities for the final transfer of ownership:Will you receive the title certificate upon full payment?Who is responsible for registering ownership with MLMUPC?Are post-handover warranties or snag lists included?How long is the grace period?What is a grace period? In off-plan property, the grace period is a window (typically 6–12 months) after the projected completion date during which the developer is not penalized for delays in handover. This period is built into the sale and purchase agreement to account for potential hold-ups such as delays in government inspections or final occupancy approvals, utility connection or infrastructure handover issues (like water, electricity, or road access), or weather-related construction impacts, especially during monsoon seasons.These final steps ensure your investment is properly protected and legally yours.Additional reading: Common payment terms for buying properties in cambodiaIn summary, skipping proper due diligence can lead to significant financial and legal risks. By following this checklist, buyers—especially those purchasing off-plan or pre-launch condos—can secure their investment with greater confidence.Always work with a licensed real estate agent who has access to in-house legal support! If you have any questions, feel free to contact Realestate.com.kh, your expert in this market. We’re ready to answer all of your questions and guide you through the process from start to finish!-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 5 Infrastructure Projects Changing A Nation
Top 5 Infrastructure Projects Changing A Nation
May 9, 2025, 9:52 a.m.
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The massive infrastructure projects in Cambodia are part of a broader government strategy to modernise Cambodia’s transport and logistics network and upscale its ability to be a more pivotal hub for trade, tourism, and logistics. These span projects that are underway nationwide and target specific needs to improve connectivity domestically and regionally, and require huge investments, but when these are completed over the next decade should place the Kingdom in a far stronger position for economic diversity and relevancy.Coastal Logistics Hub - Upgraded Sihanoukville Autonomous PortThe southern coast of Cambodia has been and continues to be transformed by massive investments and ambitious large-scale projects. The important economic hub and gateway to the islands is at the forefront of Cambodia’s development ambitions, and investment in special economic zones (SEZ) is part of the national and provincial comprehensive 10-year master plan targeting sustainable, diversified growth through 2038, and much of this relies on international partner funding from China and Japan Notably, the Sihanoukville Special Economic Zone (SSEZ) has more than 200 international companies operating in the SSEZ, and 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.The SSEZ is also hinged on the already in-use Phnom Penh-Sihanoukville Expressway, which has improved logistics and accessibility, cutting down the travel time from the nation's biggest port to the capital, while the Sihanoukville International Airport has had continual upgrades to support larger aircraft and rising passenger numbers by 2026. The development means catering for a predicted larger population area in the region, so new real estate and property projects such as Time Square 10 Ocean View have begun.But the biggest part of the logistics puzzle is the Sihanoukville Autonomous Port (PAS,) the Kingdom’s only deep-water seaport, which has been undergoing massive investment to upgrade its facilities to handle larger ships and more cargo as part of the repositioning to be a regional logistics hub. The upgrades include the expansion of ship berths and the acquisition of modern machinery aimed at improving port efficiency. The PAS is expected to reach a handling capacity of 3 million TEUs by 2032, positioning it as a key regional logistics hub and at completion of the upgrade work, the port will have a 17.5-metre depth container terminal that can allow larger cargo ships from the United States and Europe to dock directly without transiting elsewhere.Find out more about infrastructure projects in SihanoukvilleTransport Infrastructure - Techo International AirportThe national transportation infrastructure development aligns with broader urban expansion plans, and these infrastructure improvements will play a crucial role in supporting the various cities’ economic vibrancy and quality of life for their residents as well.In the capital, the expansion has ventured south as the new airport in Phnom Penh, the Techo International Airport, is due to open in July 2025 (on the 10th of July if recent media articles are to be believed) after six years of construction.The modern airport spans 2,600 hectares and is located south of the Cambodian capital and should be capable of handling between 13-15 million passengers annually, which will enhance connectivity, drive economic growth, and position Cambodia as a major regional travel 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, and the phased development is broken down as below:Phase 1 (2025) – A 4-kilometre 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.There is a good track record in cities worldwide that major airport projects tend to boost property values in surrounding areas due to the increasing demand for residential and commercial developments near the airport. The byproduct is also the construction of additional infrastructure such as roads & highways, rail links, and commercial hubs.Logistics Infrastructure By Road, Rail, and SeaFunan Techo CanalArguably, the largest infrastructure project in the Kingdom in terms of changing the potential for Cambodia to be a real competitive player in the regional supply chain and logistics landscape is the Funan Techo Canal.The project has been in the news for some years, and following the launch in 2024, the massive project was again in the spotlight as the leaders from China and Cambodia met in Phnom Penh in  Q2 2025, signing further agreements and agreeing to fund the project President Xi’s visit resulted in the signing of a USD 1.156 billion agreement for the construction of the Funan Techo Canal (FTC) project, which has a projected total cost of USD 1.7 billion. Similar to previous projects with China, the canal will be developed under a Build-Operate-Transfer (BOT) model and will be managed by Funan Techo Coastal-Inland Waterways Company Ltd., a special-purpose company with joint ownership, with 51 per cent held by Cambodian firms and 49 per cent held by the China Road and Bridge Corporation. Cambodian shareholders include the Overseas Cambodian Investment Corporation (OCIC), Sihanoukville Autonomous Port (PAS), and the Phnom Penh Autonomous Port (PPAP).The 150+ kilometre canal will stretch from the Bassac River in Phnom Penh to the coastal province of Kep, and will be able to handle vessels up to 3,000 deadweight tons (DWT) and underpins grand ambitions for the Kingdom’s position as a regional supply chain and logistics hub.This also comes in the backdrop of logistics costs being seen as one of the biggest barriers to entry by some business groups. In Q1 2025, EuroCham Cambodia said, “Indeed, logistics remains one of, if not the, major challenges of doing business in Cambodia, in terms of cost, paperwork, relevance to trade in and out of Cambodia, regional connectivity and cross-border trade.”The completed FTC is expected to cut shipping costs by potentially 70 per cent and facilitate smoother trade routes, thereby reducing Cambodia’s reliance on neighbouring country ports.Railroad Developments Cambodia The Cambodian government issued a directive on the determination of Priority Sectors for Public-Private Partnerships Projects (2025-2035) in 2024, which highlighted transport and logistics as key priorities. Sor Yilin, Director of the Department of Logistics Monitoring and Evaluation, said that based on the results of a corporate survey conducted in 2023, If we review from the first version of our corporate survey until now, there are a lot of significant improvements, particularly in logistics services," said Yilin. “But somehow, compared to the logistics cost of our neighbouring countries, it is still very high [in Cambodia]. So that is something that the government is trying to figure out while working closely with the private sector.”The long-term plan from 2028 to 2033 for railway development to address this includes high-speed railways between Phnom Penh and Sihanoukville; Phnom Penh and Poipet; and Phnom Penh and Bavet on the Vietnamese border.Another project touted is a possible 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.Ambassador Wang. said, “I believe the Chinese side attaches great importance to railway cooperation, and we will actively promote it. We think that expanding railway collaboration will benefit both China and Cambodia, as well as enhance regional connectivity and improve the efficiency of transporting people and goods. As for which countries the railway from China to Cambodia will pass through, discussions are ongoing.” In April 2024, the Minister of Public Works and Transport, Peng Ponea, affirmed that several studies have already been conducted for the railway development process, and a strategic plan has been drafted across two phases a medium-term plan from 2023 to 2027, and a long-term plan from 2028 to 2033.The medium-term plan includes three railway development projects:Upgrade two existing railway lines (Phnom Penh-Sihanoukville and Phnom Penh-Poipet) to support higher-speed operations;Build a railway link connecting Phnom Penh to Techo International Airport.Build a railway link connecting Siem Reap International Airport to Siem Reap city.Regionally,  there are massive investments to connect an ASEAN rail network, but Cambodia still has no regular international routes. The latest example is Malaysia and Thailand agreeing to revive the direct train service between Kuala Lumpur and Bangkok in 2025.Road Network Expansion and More ExpresswaysThere are ongoing developments of multiple expressways, with the Phnom Penh-Sihanoukville Expressway launched in 2022.The ongoing construction of the Phnom Penh-Bavet Expressway, which began in 2023 with a proposed construction period of 48 months and is scheduled for completion in 2027, will see the addition of a 138km expressway.In mid-2024, the Ministry of Public Works and Transport (MPWT) reported that the feasibility study for the Phnom Penh-Siem Reap-Poipet Expressway had been completed, and if approved, when completed, will have a total length of 400 km, with an estimated total cost of US$ $4.2 billion.This is in addition to several bridges that are being built in the urban centres and nationally to help ease access and improve efficient transportation.
sihanoukville-top-destination-for-infrastructure-investment-in-cambodia
Why Sihanoukville Is Cambodia’s Top Destination for Infrastructure Investment
May 22, 2025, 10:04 a.m.
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Sihanoukville stands at the forefront of Cambodia’s development ambitions, with a cautious but growing optimism in its economic and construction sectors. This positive outlook is established by a wave of large-scale infrastructure projects, new investment in special economic zones (SEZs), and the city’s alignment with a comprehensive 10-year master plan targeting sustainable, diversified growth through 2038.Key Drivers of Sihanoukville’s Transformation1. Major Infrastructure Projects Fueling GrowthSihanoukville is benefiting from billions of dollars in infrastructure investment, including:The Phnom Penh-Sihanoukville Expressway which has dramatically improved logistics and accessibility.The expansion of Sihanoukville International Airport, with new runways and terminals to support larger aircraft and rising passenger numbers by 2026.Upgrades to the Sihanoukville Autonomous Port, Cambodia’s only deep-water seaport, which is being expanded to handle increasing trade volumes and support the city’s role as a logistics hub.These projects are part of a broader government strategy to modernize Cambodia’s transport and logistics network, positioning Sihanoukville as a key trade, tourism, and investment gateway.2. Special Economic Zones Attracting InvestmentSihanoukville’s 16 SEZs are well known for their economic strategy, offering incentives and faster processes to attract both domestic and international investors. New SEZs, such as the $500 million East Sihanouk Special Economic Zone, are set to create thousands of jobs and support industries ranging from manufacturing to logistics and technology. These zones are helping to diversify the city’s economy and drive long-term growth.3. Urban Development Guided by the Master PlanSihanoukville’s 10-year master plan divides the city into specialized zones for tourism, industry, logistics, and finance, ensuring that growth is well-organized and sustainable. The plan emphasizes:Smart urban planning and clean, livable cities.Housing initiatives and improved public services.Environmental protection and climate resilience.Human resource development and technical skills training.This approach is designed to balance rapid development with quality of life and environmental sustainability, making Sihanoukville more attractive to residents, tourists, and investors as well. 4. Real Estate DevelopmentSihanoukville’s infrastructure improvements and master plan have sparked a surge in real estate development, attracting both local and international investors eager to capitalize on the city’s growth potential.Time Square 10 Ocean View: Located at the entrance to Otres Beach, a fast-growing leisure and residential area south of Sihanoukville’s city center, this 9th condominium project by Megakim World Corp is set to launch mid-2025. Time Square 10 offers modern living spaces designed to meet rising demand from residents and tourists, leveraging the improved connectivity brought by the expressway and other infrastructure upgrades.🔗 Check out Time Square’s previous projects hereBay of Lights (Ream City): Developed by Canopy Sands Development, Bay of Lights is a massive 834-hectare coastal new city project along more than six kilometers of beachfront. This master-planned community will include condominiums, landed homes, affordable housing, shopping malls, business hubs, resorts, hotels, and a marina club. Designed to accommodate up to 130,000 residents, Bay of Lights is being built in phases through 2045, with the first phase expected to be completed in 2025. It represents a new standard for sustainable, integrated urban development in Cambodia.These projects certainly show how infrastructure and urban planning are creating attractive opportunities for real estate investment, helping to diversify Sihanoukville’s economy and enhance its livability.Economic Outlook Cambodia’s economic growth is forecast to remain strong, with the Asian Development Bank projecting 5.8% growth in 2024 and 6.0% in 2025. Sihanoukville, as a key economic pole, is expected to benefit from:Steady foreign direct investment supports major infrastructure and industrial projects.Rising imports of construction materials and equipment, driven by public infrastructure projects.Growth in tourism, manufacturing, and services, supported by improved connectivity and urban amenities.Further reading: Top 3 Ways Tourism and Investment Boost the Cambodian Property SectorThe government’s proactive reforms-such as new land and construction policies, digitalization of land records, and green building initiatives further improve the business environment and attracting private sector participation.Sihanoukville’s transformation is being powered by coordinated infrastructure upgrades, dynamic SEZ development, and a forward-looking master plan. These efforts are creating a foundation for sustainable economic growth, new construction opportunities, and a more vibrant urban environment-setting Sihanoukville on a clear path to becoming a leading economic and logistics hub in Cambodia and the region!–For more information about real estate development in Sihanoukville, contact us now! 📞+855 92 92 1000📧 info@realestate.com.khOr come and visit us at The Connect Center- Opening hoursMonday-Friday - 9:00 - 5:00Saturday - Sunday - 10:00 - 5:00 Location: #306BCD,Monivong Blvd (93) Sangkat Chakto Mukh, Khan Doun Penh, Phnom Penh
Top 3 Ways Tourism And Investment Boost the Cambodian Property Sector
Top 3 Ways Tourism And Investment Boost the Cambodian Property Sector
May 6, 2025, 9:25 a.m.
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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 22, 2025, 10:05 a.m.
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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 Gatsby 9 BKK1
May 22, 2025, 10:05 a.m.
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BKK1, Phnom Penh’s most sought-after district, will soon welcome its next standout address: Time Square Gatsby 9 — a stylish blend of 1920s charm and modern luxury by Megakim World Corp.Inspired by Gatsby. Designed for the Future.As the name suggests, Time Square Gatsby 9 draws inspiration from the grandeur and glamour of the Great Gatsby era. But this isn’t just nostalgia — it’s a refined vision of contemporary living wrapped in timeless design. Expect elegant facades, art-deco interiors, and a lifestyle that celebrates sophistication, right in the heart of Phnom Penh.Prime Location, Prime LivingTime Square Gatsby 9 marks the start of a more refined and luxurious chapter in Megakim World Corp.’s story. While earlier projects like Time Square 302 and 306 successfully brought well-located, accessible homes to BKK1’s growing middle class, the Gatsby series sets a new tone — one defined by taste, prestige, and elevated living.This isn’t just another central apartment — it’s a statement. Gatsby 9 is designed for those who expect more than convenience. It’s for buyers who value design, privacy, and the feeling of arriving somewhere truly exceptional.A Proven Developer With a Growing LegacyBacked by the experienced team at Megakim World Corp., Known for delivering quality developments that resonate with both local and international buyers, the developer’s reputation adds significant confidence to this upcoming release.🔗 Check out Time Square’s previous projects hereWhat’s Coming: A Glimpse Behind the CurtainWhile full details remain under wraps, early previews of Time Square Gatsby 9 hint at a residence unlike anything Megakim has done before — where lifestyle, luxury, and location converge at a higher level.Residents can expect:Panoramic city views — made for evenings that impress.Wellness zones designed not just for fitness, but for restoration and balance.Five-star convenience to your everydayCheck out more about BKK1Why It MattersThe launch of Gatsby 9 comes at a time when buyer demand is increasingly focused on lifestyle, location, and livability. With BKK1 continuing to attract a strong mix of expats, professionals, and investors, the project is well-positioned to meet modern expectations and deliver strong value over time.
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Time Square 10 Ocean View Sihanoukville
May 22, 2025, 10:06 a.m.
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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