Buying real estate in Cambodia?

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What are housing prices like in Cambodia right now? (January 2026)

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Authored by the expert who managed and guided the team behind the Cambodia Property Pack

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Everything you need to know before buying real estate is included in our Cambodia Property Pack

Looking to understand what homes cost in Cambodia right now? You're in the right place.

This article covers current housing prices in Cambodia, and we update it regularly to keep the data fresh.

And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Cambodia.

Insights

  • In Cambodia, most property transactions happen in US dollars, not Cambodian riel, which makes price comparisons easier for foreign buyers but requires attention to exchange rates.
  • The median home price in Cambodia sits around $160,000 in 2026, but 80% of listings actually fall between $70,000 and $350,000, showing a wide market range.
  • Buyers in Cambodia typically negotiate 7% off the listed price, with condos seeing discounts up to 10% due to oversupply from the construction boom years.
  • Prime neighborhoods like BKK1 in Phnom Penh command up to $4,500 per square meter, while outer districts like Dangkor start as low as $650 per square meter.
  • New-build properties in Cambodia carry a 12% premium over existing homes, largely because they include modern amenities and flexible payment plans.
  • Cambodia housing prices have barely moved in the past year, with a nominal decline of about 1% as buyers take a wait-and-see approach.
  • Over the past decade, Cambodian property values have risen roughly 40% in nominal terms, driven by the 2016 to 2019 construction boom in Phnom Penh.
  • The all-in cost of buying a home in Cambodia adds 6% to 15% on top of the purchase price once you factor in transfer taxes, legal fees, and renovation work.

What is the average housing price in Cambodia in 2026?

The median housing price is more useful than the average because it represents what a typical buyer actually pays, without being skewed by a few extremely expensive properties.

We are writing this as of the first half of 2026, using the latest data collected from authoritative sources including the National Bank of Cambodia, the IMF, and leading property research firms, all of which we manually verified.

The median housing price in Cambodia in 2026 is approximately 642 million KHR, which converts to $160,000 or around €135,000. The average housing price is higher at roughly 762 million KHR, equivalent to $190,000 or about €161,000, because luxury properties pull the average upward.

For 80% of residential properties on the Cambodia market in 2026, prices fall within a range of 281 million to 1.4 billion KHR, or $70,000 to $350,000 (€59,000 to €296,000).

A realistic entry-level purchase in Cambodia in 2026 starts around 181 million to 321 million KHR ($45,000 to $80,000, or €38,000 to €68,000), which could get you a studio or compact one-bedroom condo of 30 to 40 square meters in outer Phnom Penh districts like Sen Sok.

For luxury properties in Cambodia in 2026, expect to pay between 2 billion and 8 billion KHR ($500,000 to $2,000,000, or €423,000 to €1,690,000), which could include a three or four-bedroom penthouse of 200 to 300 square meters in prime areas like BKK1 or Tonle Bassac.

By the way, you will find much more detailed price ranges in our property pack covering the real estate market in Cambodia.

Sources and methodology: we gathered official exchange rates from the National Bank of Cambodia and inflation data from the IMF Article IV report. Price anchors came from CBRE figures cited by Global Property Guide and market analysis from Knight Frank Cambodia. We triangulated these sources to produce internally consistent estimates for the Cambodia housing market.

Are Cambodia property listing prices close to the actual sale price in 2026?

In Cambodia in 2026, the estimated gap between listing price and final sale price is around 7%, meaning buyers typically pay about 7% less than the asking price.

This happens because negotiation is deeply expected in Cambodia's property market, especially for condos where oversupply from the boom years gives buyers leverage. The discount tends to be larger for condos (7% to 10%) and smaller for borey houses (4% to 7%), where developers prefer to offer incentives like furniture packages rather than cut the headline price.

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What is the price per sq m or per sq ft for properties in Cambodia in 2026?

As of early 2026, the median housing price in Cambodia is around $1,500 per square meter (6 million KHR per sqm, or €1,270 per sqm), which works out to roughly $139 per square foot. The average price per square meter is higher at $1,800 (7.2 million KHR per sqm, or €1,520 per sqm), equivalent to about $167 per square foot.

In Cambodia in 2026, smaller units in prime locations like studios in BKK1 have the highest price per square meter because you're paying a location premium plus fixed costs like kitchens and bathrooms don't shrink with unit size, while larger suburban landed homes in outer districts have the lowest price per square meter due to cheaper land and more basic construction.

The highest prices per square meter in Cambodia in 2026 are found in BKK1, Tonle Bassac, and prime parts of Daun Penh, ranging from 11 million to 18 million KHR per sqm ($2,800 to $4,500). The lowest prices are in outer districts like Dangkor and Prek Pnov, where you'll find ranges of 2.6 million to 4.8 million KHR per sqm ($650 to $1,200).

Sources and methodology: we used high-end condo price data from CBRE as cited by Global Property Guide, showing premium units around $2,650 per sqm. We cross-referenced neighborhood patterns from Knight Frank Cambodia's H1 2025 report. Conversions used official National Bank of Cambodia exchange rates.

How have property prices evolved in Cambodia?

Compared to one year ago in January 2025, Cambodia housing prices have declined by about 1% in nominal terms, or roughly 3% when adjusted for inflation. This flat-to-slightly-down trend reflects cautious buyer sentiment, with people taking their time rather than rushing into purchases amid ongoing credit tightness in the real estate sector.

Looking back ten years to January 2016, Cambodia property prices have risen approximately 40% in nominal terms, or about 20% in real terms after accounting for inflation. The 2016 to 2019 construction boom lifted Phnom Penh prices significantly, and while there has been a correction since, values remain well above pre-boom levels.

By the way, we've written a blog article detailing the latest updates on property price variations in Cambodia.

Finally, if you want to know whether now is a good time to buy a property there, you can check our pack covering everything there is to know about the housing market in Cambodia.

Sources and methodology: we analyzed historical price trends using the Cambodia Residential Property Price Index referenced in Global Property Guide and validated by IMF technical assistance documentation. Inflation adjustments came from the IMF Cambodia Article IV report. We triangulated multiple sources to confirm directional trends.
infographics rental yields citiesCambodia

We did some research and made this infographic to help you quickly compare rental yields of the major cities in Cambodia versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.

How do prices vary by housing type in Cambodia in 2026?

In Cambodia's property market in 2026, borey houses (landed homes in gated communities) and condos each make up about 35% of listings, followed by shophouses at 10%, villas at 8%, traditional older landed homes at 7%, and serviced apartments at 5%, reflecting the country's mix of modern development and traditional property types centered on Phnom Penh.

Here are the typical price ranges by property type in Cambodia as of the first half of 2026: studios and one-bedroom condos range from 281 million to 562 million KHR ($70,000 to $140,000, or €59,000 to €118,000); two to three-bedroom condos range from 642 million KHR to 1.8 billion KHR ($160,000 to $450,000, or €135,000 to €380,000); borey link houses typically cost 602 million to 1.1 billion KHR ($150,000 to $280,000, or €127,000 to €237,000); shophouses range from 1 billion to 2.4 billion KHR ($250,000 to $600,000, or €211,000 to €507,000); and villas range from 1.4 billion to 6 billion KHR ($350,000 to $1,500,000, or €296,000 to €1,268,000).

If you want to know more, you should read our dedicated analyses:

Sources and methodology: we compiled market share estimates from Knight Frank Cambodia's H1 2025 report and listing patterns observed in the Phnom Penh market. Price ranges were cross-referenced with CBRE data cited by Global Property Guide. Currency conversions used National Bank of Cambodia official rates.

How do property prices compare between existing and new homes in Cambodia in 2026?

In Cambodia in 2026, new-build properties carry approximately a 12% price premium compared to similar existing homes.

This premium exists because new developments in Cambodia typically include modern amenities like pools, gyms, parking, and 24-hour security, plus developers often offer attractive payment plans that make higher headline prices more accessible to buyers.

Sources and methodology: we derived the new versus existing price gap from market commentary in Knight Frank Cambodia's research. We cross-checked with developer pricing patterns and secondary market listings to confirm the typical premium range. This estimate reflects Phnom Penh-centric transactions where most formal sales occur.

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How do property prices vary by neighborhood in Cambodia in 2026?

BKK1 (Boeung Keng Kang 1) is the most popular expat neighborhood in Phnom Penh, known for walkable streets, international restaurants, and embassy proximity. Prices here range from 1 billion to 3.6 billion KHR ($250,000 to $900,000, or €211,000 to €761,000) for one to three-bedroom condos and renovated apartments, reflecting the premium buyers pay for this established lifestyle hub.

Tonle Bassac attracts buyers looking for newer high-rise towers with river views and proximity to retail and nightlife. Typical prices range from 880 million KHR to 4.8 billion KHR ($220,000 to $1,200,000, or €186,000 to €1,014,000), with larger units and branded developments commanding the higher end.

Sen Sok has emerged as a practical choice for budget-conscious buyers and families who don't mind a commute, with most listings being borey houses and affordable condos. Prices here range from 321 million KHR to 1 billion KHR ($80,000 to $250,000, or €68,000 to €211,000), making it one of the more accessible districts in Phnom Penh.

You will find a much more detailed analysis by areas in our property pack about Cambodia. Meanwhile, here is a quick summary table we have made so you can understand how prices change across areas:

Neighborhood Profile Price Range (KHR / $) Per sqm (KHR / $) Per sqft (KHR / $)
BKK1 Expat / Premium 1.0B - 3.6B KHR ($250k - $900k) 11.2M - 18.1M KHR ($2,800 - $4,500) 1.0M - 1.7M KHR ($260 - $418)
Tonle Bassac Premium / Nightlife 0.9B - 4.8B KHR ($220k - $1.2M) 9.6M - 16M KHR ($2,400 - $4,000) 0.9M - 1.5M KHR ($223 - $372)
Daun Penh Central / Riverside 0.7B - 2.8B KHR ($180k - $700k) 8.8M - 15.2M KHR ($2,200 - $3,800) 0.8M - 1.4M KHR ($204 - $353)
BKK2/BKK3 Central / Value 0.6B - 1.8B KHR ($150k - $450k) 7.2M - 12.8M KHR ($1,800 - $3,200) 0.7M - 1.2M KHR ($167 - $297)
Toul Tompoung Trendy / Cafes 0.6B - 2.0B KHR ($160k - $500k) 6.8M - 11.2M KHR ($1,700 - $2,800) 0.6M - 1.0M KHR ($158 - $260)
Toul Kork Family / Schools 0.5B - 1.2B KHR ($120k - $300k) 6.4M - 10.4M KHR ($1,600 - $2,600) 0.6M - 1.0M KHR ($149 - $242)
Sen Sok Commuter / Borey 0.3B - 1.0B KHR ($80k - $250k) 4.8M - 8M KHR ($1,200 - $2,000) 0.5M - 0.7M KHR ($112 - $186)
Chroy Changvar New Growth / Riverside 0.4B - 1.2B KHR ($90k - $300k) 4.4M - 7.6M KHR ($1,100 - $1,900) 0.4M - 0.7M KHR ($102 - $177)
Mean Chey Local / Mixed 0.3B - 0.9B KHR ($80k - $220k) 4M - 7.2M KHR ($1,000 - $1,800) 0.4M - 0.7M KHR ($93 - $167)
Russey Keo Value / Outskirts 0.3B - 0.7B KHR ($70k - $180k) 3.6M - 6.4M KHR ($900 - $1,600) 0.3M - 0.6M KHR ($84 - $149)
Prek Pnov Budget / Far Commute 0.2B - 0.5B KHR ($45k - $130k) 2.8M - 4.8M KHR ($700 - $1,200) 0.3M - 0.5M KHR ($65 - $112)
Dangkor Budget / Outer 0.2B - 0.5B KHR ($45k - $120k) 2.6M - 4.4M KHR ($650 - $1,100) 0.2M - 0.4M KHR ($60 - $102)
Sources and methodology: we mapped neighborhood price ranges using transaction patterns from Knight Frank Cambodia and CBRE data via Global Property Guide. We verified district classifications against Phnom Penh administrative boundaries. Currency conversions used National Bank of Cambodia official rates.

How much more do you pay for properties in Cambodia when you include renovation work, taxes, and fees?

When buying property in Cambodia in 2026, expect to add between 6% and 15% on top of the purchase price to cover transfer taxes, legal fees, registration costs, and any renovation or furnishing work.

For a property around $200,000 (about 802 million KHR), you would typically add $12,000 to $25,000 in additional costs, bringing your total outlay to roughly $212,000 to $225,000. This covers the 4% transfer tax (calculated on assessed value, often below market price), legal due diligence, and basic renovation or furniture if needed.

For a property around $500,000 (about 2 billion KHR), additional costs would likely range from $30,000 to $60,000, putting your all-in total between $530,000 and $560,000, with the variation depending on how much interior work the property needs.

For a property around $1,000,000 (about 4 billion KHR), expect additional costs of $60,000 to $120,000, bringing your total to between $1,060,000 and $1,120,000, as higher-end properties typically require more expensive finishes and contractor work to meet buyer expectations.

By the way, we keep updated a blog article detailing the property taxes and fees to factor in the total buying cost in Cambodia.

Meanwhile, here is a detailed table of the additional expenses you may have to pay when buying a new property in Cambodia

Expense Type Estimated Cost Range (KHR / $) and Explanation
Transfer/Registration Tax Tax 8 million to 48 million KHR ($2,000 to $12,000). This is Cambodia's equivalent of stamp duty, charged at 4% of the assessed property value, which is typically lower than the actual sale price. The exact amount depends on how the tax authority values your property.
Legal Due Diligence Fees 3.2 million to 10 million KHR ($800 to $2,500). This covers a lawyer checking the property title, ownership history, and any encumbrances. More complex transactions or higher-value properties require more extensive checks.
Renovation (Condo) Renovation 1.2 million to 2.4 million KHR per sqm ($300 to $600 per sqm). Older condos often need kitchen and bathroom updates, new flooring, or fresh paint. A 70 sqm unit could cost $21,000 to $42,000 to renovate.
Renovation (Landed Home) Renovation 600,000 to 1.2 million KHR per sqm ($150 to $300 per sqm). Landed properties generally need less intensive renovation per square meter, but the larger size means total costs can still be significant.
Furniture and Appliances Setup 8 million to 80 million KHR ($2,000 to $20,000). If the property is sold unfurnished, you'll need to budget for beds, sofas, kitchen appliances, and air conditioning units. High-end furnishing for a luxury unit costs considerably more.
Condo Management Fees Ongoing 2 million to 12 million KHR ($500 to $3,000). Many condos require advance payment of management or sinking fund fees at purchase. This covers building maintenance, security, and shared amenities.
Sources and methodology: we compiled tax information from Knight Frank Cambodia's property tax guide and cross-checked with the Andersen Cambodia tax booklet. Renovation cost estimates came from local contractor pricing and market research. We applied typical scenarios to calculate realistic all-in cost ranges.
infographics comparison property prices Cambodia

We made this infographic to show you how property prices in Cambodia compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.

What properties can you buy in Cambodia in 2026 with different budgets?

With $100,000 in Cambodia as of the first half of 2026, your options are limited to outer districts: you could buy a one-bedroom condo of about 50 square meters in Toul Kork (existing), a studio of 35 to 45 square meters in Sen Sok (existing), or a small borey link house of 80 to 100 square meters in Dangkor or Prek Pnov (existing, basic finish).

With $200,000 in Cambodia as of the first half of 2026, you enter the middle market: options include a two-bedroom condo of 80 to 90 square meters in BKK2 or BKK3 (existing), a borey link house of 110 to 130 square meters in Sen Sok (new or recent), or a small shophouse of 140 to 170 square meters in Mean Chey (existing).

With $300,000 in Cambodia as of the first half of 2026, you can access better locations: consider a two to three-bedroom condo of 110 to 140 square meters on the edge of Tonle Bassac (existing), a larger borey link house of 140 to 170 square meters in Sen Sok (new), or a townhouse of 180 to 220 square meters in Chbar Ampov (existing).

With $500,000 in Cambodia as of the first half of 2026, prime areas become accessible: you could purchase a three-bedroom condo of 160 to 200 square meters in a good pocket of Daun Penh (existing or renovated), a detached or semi-detached villa of 200 to 260 square meters in a Chroy Changvar borey (new), or a prime shophouse of 220 to 300 square meters in a Chamkarmon area outside BKK1 (existing).

With $1,000,000 in Cambodia as of the first half of 2026, you enter the luxury segment: options include a large luxury condo of 200 to 260 square meters in BKK1 in a newer tower, a high-spec villa of 300 to 450 square meters in a prime borey (new), or potentially a small older apartment building in a good district like Toul Kork (existing, though availability varies).

With $2,000,000 in Cambodia as of the first half of 2026, the market is quite thin at this level but real options exist: you could purchase a penthouse of 250 to 350 square meters in a prime BKK1 tower (new or renovated), a standalone luxury villa of 500 or more square meters in a prime borey (new), or rarely a boutique compound or mixed residential asset in central districts (existing).

If you need a more detailed analysis, we have a blog article detailing what you can buy at different budget levels in Cambodia.

What sources have we used to write this blog article?

Whether it's in our blog articles or the market analyses included in our property pack about Cambodia, we always rely on the strongest methodology we can, and we don't throw out numbers at random.

We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.

Source Why It's Authoritative How We Used It
National Bank of Cambodia Cambodia's central bank publishes official exchange rates that serve as the standard benchmark for currency conversions. We used NBC's USD/KHR and EUR/KHR official rates to convert all prices into Cambodian riel, US dollars, and euros. We treated the late December 2025 rates as our proxy for January 2026.
IMF Cambodia Article IV Report The International Monetary Fund provides independent macroeconomic analysis and inflation projections for Cambodia. We used IMF inflation expectations to calculate real (inflation-adjusted) price changes over time. We also referenced their analysis to explain why housing demand has remained cautious.
IMF Technical Assistance Report This report documents how Cambodia's official Residential Property Price Index is constructed and improved. We used this to validate that Cambodia has an official house price framework. We referenced it as a credibility check when comparing private-sector price data.
Global Property Guide This research platform compiles and cites primary sources including NBC and CBRE data in accessible formats. We used it to anchor the direction of Cambodia's official price index and to reference CBRE-reported high-end condo prices. We only used claims that explicitly cite NBC or CBRE.
Knight Frank Cambodia H1 2025 Report Knight Frank is a major global real estate firm with established research processes and local market expertise. We used their market analysis to support our narrative on construction trends, demand patterns, and inflation context. We did not use it as the sole numeric source for home prices.
Knight Frank Cambodia Tax Guide A professional firm summarizing statutory property tax rules with worked examples for buyers. We used this to explain transfer tax concepts and buyer-side costs in plain language. We also used their example logic to estimate realistic all-in cost increases.
Andersen Cambodia Tax Booklet A professional tax reference that summarizes statutory rates in a structured, reliable format. We used this to cross-check property tax base concepts and recurring property tax mechanics. We only referenced rules that tend to remain stable over time.
CBRE Cambodia Research CBRE is one of the world's largest commercial real estate services firms with deep local data. We referenced CBRE's high-end condo price data (as cited by Global Property Guide) to anchor our price-per-square-meter estimates for premium segments.
Cambodia Residential Property Price Index The official index maintained by Cambodia's central bank to track residential property prices. We used the index direction to confirm whether prices were rising or falling. We supplemented with private-sector data where the index lacked granular detail.
Phnom Penh Real Estate Listings Actual listings provide ground-truth data on what properties are available and at what prices. We analyzed listing patterns to estimate market share by property type and to verify that our price ranges reflect real available inventory.
Local Property Developers Developers set pricing for new builds and reveal market expectations through their pricing strategies. We observed developer pricing and payment plan structures to estimate the new-build premium and understand how headline prices relate to effective prices.
Local Real Estate Agents Agents have direct knowledge of negotiation patterns and actual closed prices versus listing prices. We used agent insights to estimate the typical discount from list to sale price, which varies by property type and market conditions.
Cambodia General Department of Taxation The official government body responsible for tax administration and rate setting. We referenced official tax rates to ensure our transfer tax and property tax estimates align with current statutory requirements.
World Bank Cambodia Data The World Bank provides independent economic indicators and development data for Cambodia. We used World Bank data to cross-check macroeconomic context and validate IMF projections used in our analysis.
Asian Development Bank Reports The ADB publishes economic outlook reports covering Cambodia's growth and development trends. We referenced ADB analysis to understand broader economic factors affecting housing demand in Cambodia.
Cambodia Ministry of Land Management The government ministry responsible for land registration and property title systems. We referenced ministry information to understand the property registration process and associated costs for buyers.
Local Law Firms Cambodian law firms handle property transactions and understand legal costs and due diligence requirements. We used fee estimates from law firms to calculate realistic legal due diligence costs for property purchases.
Local Renovation Contractors Contractors provide current pricing for renovation work in the Phnom Penh market. We gathered contractor quotes to estimate per-square-meter renovation costs for condos and landed properties.
Furniture and Appliance Retailers Local retailers provide current pricing for furnishing newly purchased properties. We surveyed retailer pricing to estimate the range of furniture and appliance costs for unfurnished properties.
Condo Management Companies Management companies set and collect fees for condominium maintenance and services. We reviewed management fee structures to estimate the advance payments often required at property purchase.
Currency Exchange Services Exchange services confirm practical conversion rates for property transactions. We verified that the NBC official rates align with practical exchange rates used in property transactions.
Expat Community Forums Expat forums provide practical insights on buying property in Cambodia from buyer perspectives. We reviewed expat experiences to validate our estimates on negotiation discounts and hidden costs in the buying process.
Historical Transaction Records Past transaction data reveals price trends and typical values by neighborhood and property type. We analyzed historical patterns to calculate year-over-year and decade-over-decade price changes for the Cambodia market.

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