$6 Million in Sales at Business, Property & Lifestyle EXPO 2024 Reflects Growing Optimism in Cambodia's Real Estate Sector

 At The Premier Center Sen Sok on October 19th and 20th, Realestate.com.kh proudly hosted the Business, Property & Lifestyle EXPO 2024, a significant milestone in Cambodia's economic landscape. With over 4,000 attendees, the event showcased Cambodia’s top real estate and lifestyle brands, featured engaging seminars, and offered exciting giveaways, making it one of the most successful expos of the year.

Tom O’Sullivan, CEO of Realestate.com.kh, kicked off the EXPO by highlighting the resilience of the real estate market, stating, “Of the eight condo launches since 2021, over 70% of the units have already been sold.” While recognizing that some sectors are still recovering, Tom emphasized the investment opportunities available in Cambodia's real estate market.

With property transactions surpassing $6 million during the two-day event, the EXPO highlighted the strength of trusted developers focused on meeting local demand. These developers saw significant success by tailoring projects to Cambodian buyers and maintaining reliable, high-quality developments. International investors also showed great interest, adding to the event’s momentum.

Picasso Sky Gemme or Picasso 2 was a standout project, drawing large crowds, with many buyers visiting the project site after the event. Leading developers like Megakim World Corporation, OCIC, and Le Conde saw multiple deals closed on-site, while projects such as One Tropica, The Pinnacle Residence, and The Heartland Condominium generated hundreds of leads, offering prime opportunities for buyers looking to invest in the real estate market.

Property & Lifestyle EXPO 2024 also showcased three Phnom Penh developments; One Tropica, The Pinnacle Residence, and The Heartland Condominium which attracted considerable attention from attendees, as the booth offered a prime opportunity for interested buyers looking to invest in the real estate market.

The combination of affordability and luxury made these projects particularly appealing - highlighting that it’s possible to own a property so central in a highly important area for as little as US $8 a day. This value proposition resonated with prospective buyers who were eager to learn more about owning high-quality properties at a fraction of the typical cost associated with the central districts.

Industry Experts Deliver Valuable Insights at the Cambodian Investment Forum

One of the major highlights of the EXPO was the Cambodian Investment Forum, featuring 12 insightful sessions by industry leaders. Experts from diverse sectors shared their knowledge on real estate investment, technology advancements, and lifestyle trends. 

Vichet Chhun, Chief of Retail Banking at ABA Bank highlighted the importance of the Escrow process in ensuring smooth and secure real estate transactions, emphasising how Escrow acts as a safeguard for both buyers and sellers in the dynamic Cambodia property market. SM Global, an accounting and consultancy group based in Cambodia, also participated in our seminar. The CEO, Mr. Paul Yang, presented a session on how trusts provide a strategic approach to property ownership, helping to minimize risks while maximizing long-term value and stability. He was joined by Mr. Hay Sovanna, Acting Director of Trust Registration from the Department of Trust Regulator, who covered the essential topic of what the Trust Regulator is and its role in Cambodia’s real estate sector.

In addition, Vatey Mom, a leading real estate advisor from Realestate.com.kh, shared valuable strategies on how buyers can maximise their investments in the current real estate landscape. Her session provided actionable tips on securing high returns in a market that continues to offer lucrative opportunities.  Kesa Kim from CBRE Cambodia highlighted how infrastructure projects are driving the economic recovery, offering a fresh perspective on potential investments that buyers and investors should consider in the months to come.

Connect by Realestate.com.kh: A Game-Changer for Real Estate Professionals

One of the most popular booths at the EXPO was Connect by Realestate.com.kh, a platform designed to revolutionize the real estate industry. Connect empowers agents with the training, tools, and resources needed to enhance their careers and gives developers access to thousands of sales channels.

An agent who recently joined Connect shared, "Since joining, I’ve received invaluable support and closed three deals in the last two weeks!"

A Diverse Range of Exhibitors Across Multiple Industries

The EXPO featured over 50 exhibitors from Cambodia’s key sectors, including real estate, banking, automotive, and lifestyle brands. Attendees had the chance to interact with leading developers showcasing prominent projects such as Odom, Rose Apple Square, Bay Of Lights, Borey Chankiri, Picasso Sky Gemme, Time Square 8, and many more.

In addition to real estate, top banks such as ABA Bank, Bank of China, and Shinhan Bank were on hand, along with financial services and luxury automobile brands like Liberty Carz, giving attendees the opportunity to explore lifestyle upgrades in one place. Immigration expert Macy Visa also provided essential guidance, making the event a comprehensive experience for all attendees.

Engaging Booth Activities and Exciting Giveaways

The EXPO was packed with exciting giveaways and engaging activities at various booths. Special sponsor gifts from brands like Klassy Watches, Mitsubishi, Venly Home, and more made the event fun for all ages. Visitors enjoyed promotions, raffles, and exclusive discounts, ensuring that attendees left with sought-after prizes and memorable experiences.

A Successful Conclusion

The Business, Property & Lifestyle EXPO 2024, hosted by Realestate.com.kh, successfully brought together Cambodia’s leading industries and consumers, offering a dynamic platform for connection and growth. With Cambodia’s economy continuing to rise, the event showcased the trends and sectors driving its future.

Attendees and exhibitors left the event with new partnerships, inspiration, and a sense of optimism for what’s ahead. As the country’s leading EXPO, the success of this year’s event has already sparked excitement for next year’s edition, promising an even bigger and better showcase of Cambodia’s thriving industries.