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Everything you need to know before buying real estate is included in our Cambodia Property Pack
Property prices in Cambodia vary significantly based on location, property type, and quality, with Phnom Penh commanding the highest prices in the country.
As of September 2025, condos in prime Phnom Penh districts average $2,000-$4,000 per square meter, while coastal areas like Sihanoukville offer beachfront properties between $1,000-$3,000 per square meter. Budget-conscious buyers can find residential properties in provincial cities like Battambang for $800-$1,200 per square meter.
If you want to go deeper, you can check our pack of documents related to the real estate market in Cambodia, based on reliable facts and data, not opinions or rumors.
Cambodia's property market offers some of Southeast Asia's most affordable real estate, with Phnom Penh leading prices at $2,000-$4,000 per sqm for prime condos.
Provincial cities and coastal areas provide excellent value, with Siem Reap averaging $2,000-$3,000 per sqm and budget areas starting from $800 per sqm.
| Location | Property Type | Price per sqm (USD) |
|---|---|---|
| Phnom Penh Central | Luxury Condo | $2,500-$4,000 |
| Phnom Penh Prime | Standard Condo | $1,800-$3,500 |
| Siem Reap | Prime Condo | $2,000-$3,000 |
| Sihanoukville | Beachfront Condo | $1,000-$3,000 |
| Phnom Penh Suburban | Borey House | $1,000-$2,000 |
| Kampot/Kep | Coastal Land | $150-$500 |
| Provincial Cities | Residential | $800-$1,200 |
What are the average prices per square meter in Cambodia for different property types?
Cambodia's property market offers distinct pricing tiers across different property categories, with condominiums commanding the highest prices per square meter.
| Property Type | Location | Price per sqm (USD) |
|---|---|---|
| Luxury Condos | Phnom Penh Prime | $2,500-$4,000 |
| Standard Condos | Phnom Penh | $1,800-$3,500 |
| Prime Condos | Siem Reap | $2,000-$3,000 |
| Beachfront Condos | Sihanoukville | $1,000-$3,000 |
| Borey Houses | Phnom Penh Suburban | $1,000-$2,000 |
| Villas | Siem Reap | $1,250-$2,250 |
| Shophouses | Urban Areas | $1,300-$2,200 |
| Coastal Land | Kampot/Kep | $150-$500 |
| Budget Land | Provincial Areas | $50-$100 |
How do property prices vary across Cambodia's main cities and neighborhoods?
Phnom Penh remains Cambodia's most expensive real estate market, with central districts commanding premium prices due to infrastructure and business concentration.
The capital's most expensive neighborhoods include BKK1, Daun Penh, and Tonle Bassac, where luxury condos reach $4,000 per square meter. These areas attract expatriates, diplomats, and affluent locals due to their proximity to embassies, international schools, and business districts.
Siem Reap follows as the second-tier market, with prime condo prices ranging $2,000-$3,000 per square meter, driven by tourism and UNESCO World Heritage site proximity. The city offers excellent investment potential for short-term rental properties targeting international visitors.
Sihanoukville presents a unique coastal market where beachfront condos range $1,000-$3,000 per square meter, with luxury properties approaching the higher end. The city's casino development and beach tourism create distinct investment opportunities.
Upcoming areas include Chroy Changvar and Sen Sok in Phnom Penh, benefiting from new infrastructure projects, shopping malls, and improved transportation links. These neighborhoods offer growth potential at more accessible price points.
How have average property prices per square meter changed over recent years?
Cambodia's property market experienced significant growth over the past five years, with prime Phnom Penh areas seeing 15-25% price increases since 2020.
The market showed resilience through economic challenges, with a temporary cooling in 2023 followed by strong recovery in 2024-2025. Prime Phnom Penh condo prices increased 5-10% year-to-date in 2025, while provincial cities grew 3-7% during the same period.
Interestingly, 2024 saw a brief price correction with Phnom Penh condo prices falling 2.21% before rebounding strongly in 2025. This correction created excellent buying opportunities for investors who recognized the temporary nature of the decline.
Secondary cities and coastal areas demonstrated steady growth patterns, with Siem Reap and Sihanoukville maintaining 4-7% annual appreciation rates. These markets proved less volatile than the capital while still delivering solid returns for property investors.
It's something we develop in our Cambodia property pack.
What are the forecasts for Cambodia property prices over the next decade?
Property price forecasts for Cambodia show positive growth trajectories driven by urbanization, infrastructure development, and tourism recovery.
Short-term projections for 2026 indicate continued single-digit growth of 4-7% in key cities, supported by stable economic conditions and foreign investment inflows. This growth rate reflects market maturation while maintaining accessibility for new investors.
Five-year forecasts predict 25-30% cumulative growth in central Phnom Penh and 18-22% in coastal and secondary cities, assuming continued economic stability and tourism development. These projections factor in planned infrastructure projects and urbanization trends.
Long-term ten-year forecasts remain optimistic, with experts suggesting Phnom Penh could approach Ho Chi Minh City's tier-2 price levels if regional stability and growth persist. This would represent significant appreciation from current levels while maintaining relative affordability compared to established Southeast Asian markets.
Provincial cities are expected to benefit from decentralization policies and improved connectivity, potentially closing the price gap with primary markets over the next decade.
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How does Cambodia's property cost compare with other regional cities?
Cambodia offers some of Southeast Asia's most affordable property prices, with Phnom Penh significantly undervalued compared to regional capitals.
Prime Phnom Penh condos at $2,000-$4,000 per square meter compare favorably against Bangkok's $2,800-$5,000 per square meter and Ho Chi Minh City's $3,200-$6,000 per square meter. This price differential represents substantial value for investors seeking regional exposure.
Singapore's astronomical $16,000-$19,000 per square meter highlights Cambodia's accessibility, while Malaysia's Kuala Lumpur ranges $1,800-$3,500 per square meter, making Cambodia competitively positioned within the region.
Cambodia's rental yields of 6-8% significantly exceed those in Vietnam and Thailand (3-5%), providing superior cash flow potential for buy-to-let investors. This yield advantage compensates for slower capital appreciation compared to more mature markets.
The country's emerging market status offers growth potential similar to Vietnam's early development phase, when property prices increased dramatically over a decade of economic expansion.
What are typical property sizes and how do they impact pricing per square meter?
Property sizes in Cambodia vary significantly by type and location, directly influencing per-square-meter pricing and total investment requirements.
| Property Type | Typical Size (sqm) | Price Range (USD) |
|---|---|---|
| Studio Condo | 30-45 | $60,000-$120,000 |
| 2-Bedroom Condo | 60-90 | $120,000-$300,000 |
| Luxury Condo | 90-200 | $300,000-$700,000 |
| Villa | 200-300 | $250,000-$450,000 |
| Shophouse | 90-180 | $120,000-$350,000 |
| Land Plot | 200+ | $20,000+ (provincial) |
What are specific examples of property purchase prices with square meter breakdowns?
Real purchase examples demonstrate the practical application of per-square-meter pricing across Cambodia's property market.
A standard 70-square-meter two-bedroom condo in BKK1, Phnom Penh, would cost approximately $210,000-$245,000, representing $3,000-$3,500 per square meter. These units typically include modern amenities, security, and parking facilities.
In Siem Reap, a 250-square-meter villa near Angkor Wat might cost $350,000-$400,000, equating to $1,400-$1,600 per square meter. These properties often feature traditional Khmer architecture with modern conveniences, appealing to tourism investors.
Sihanoukville beachfront condos averaging 85 square meters cost $170,000-$255,000, representing $2,000-$3,000 per square meter. These properties offer sea views and access to Cambodia's developing coastal tourism sector.
Provincial land purchases offer exceptional value, with 500-square-meter plots in Kampot costing $75,000-$150,000, representing $150-$300 per square meter for development-ready coastal land.
It's something we develop in our Cambodia property pack.
What additional costs and fees should buyers expect beyond the purchase price?
Property purchases in Cambodia involve several additional costs that buyers must factor into their total investment budget.
Transfer tax represents the largest additional cost at 4% of cadastral value, which typically aligns closely with market value. This tax applies to all property transfers and cannot be avoided through purchase price manipulation.
Agent fees typically range 2-3% of purchase price, usually paid by buyers in Cambodia's market structure. These fees cover property search, negotiation, and transaction coordination services provided by licensed real estate agents.
Legal fees vary from $500-$2,000, with higher costs for foreigners requiring corporate structures or complex ownership arrangements. These fees cover due diligence, contract review, and registration processes.
Additional costs include notary and stamp duties at 0.1-0.2% of purchase price, plus ongoing condo management fees of $0.5-$2.5 per square meter monthly. Annual property tax applies at 0.1% for properties exceeding $25,000 value.
Total additional costs typically range 5.5-7.5% above purchase price, making a $300,000 condo cost approximately $316,500-$322,500 including all fees and taxes.
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 mortgage options work in Cambodia and what are typical terms?
Cambodia's mortgage market offers financing options for both locals and foreigners, though terms vary significantly based on buyer nationality and property type.
Interest rates currently range 7-9% annually, down from 10%+ rates in previous years due to improved economic stability and banking sector development. Most loans feature floating rates tied to market conditions rather than fixed-rate products.
Loan-to-value ratios typically reach 60-80% for qualified borrowers, with higher percentages available for Cambodian nationals compared to foreign investors. Down payment requirements therefore range 20-40% of purchase price depending on buyer profile.
Loan terms extend up to 20 years for Cambodian citizens and 10-15 years for foreigners, with longer terms available for higher-value properties in prime locations. Monthly payment calculations should factor ongoing property taxes and management fees.
Foreign buyers often establish local companies to access better financing terms, though this approach requires legal guidance and additional corporate maintenance costs throughout the loan period.
What are the smartest investment choices for different buyer objectives?
Investment strategy selection depends on buyer objectives, risk tolerance, and timeline preferences, with each approach offering distinct advantages in Cambodia's market.
Owner-occupiers should focus on central Phnom Penh or emerging Chroy Changvar for lifestyle benefits, infrastructure access, and long-term appreciation potential. These areas provide excellent quality of life while maintaining investment value.
Short-term rental investors find optimal returns in Siem Reap villas near Angkor Wat, Phnom Penh condos in expatriate districts, and Sihanoukville beachfront properties. Tourism recovery drives strong rental demand in these locations.
Long-term rental strategies work best in BKK1, Daun Penh, and Sen Sok due to embassy proximity, universities, and business districts creating stable tenant demand. These areas offer consistent rental income with lower management requirements.
Property flipping opportunities exist in BKK3 and Chamkarmon, which remain prime but less saturated than BKK1, plus emerging suburbs benefiting from new expressway connections. These areas offer shorter-term appreciation potential.
Conservative investors should consider established areas with proven track records, while aggressive investors might explore frontier opportunities in provincial cities with planned infrastructure development.
Which neighborhoods offer the safest long-term value appreciation prospects?
Long-term value appreciation depends on infrastructure development, economic growth drivers, and demographic trends favoring specific neighborhoods across Cambodia.
BKK1 and Daun Penh represent Cambodia's safest appreciation bets due to established infrastructure, government proximity, and international business concentration. These districts consistently attract premium tenants and buyers regardless of market conditions.
Chroy Changvar emerges as a top growth prospect with new bridge connections, planned development projects, and proximity to central Phnom Penh. The area combines growth potential with infrastructure reliability.
Sen Sok benefits from university expansion, new shopping centers, and improved transportation links, creating sustainable demand drivers for residential and commercial properties. The neighborhood attracts young professionals and growing families.
Riverfront Sihanoukville offers unique appreciation potential driven by casino development, port expansion, and Chinese investment, though political stability factors require consideration for long-term holding strategies.
Central Siem Reap remains attractive due to UNESCO site proximity and tourism resilience, providing stable appreciation backed by international visitor demand and cultural preservation initiatives.
What should buyers budget for total property purchase costs in Cambodia?
Comprehensive property purchase budgets must include all upfront costs, financing expenses, and ongoing ownership costs to avoid financial surprises.
Upfront costs include the purchase price plus 5.5-7.5% for taxes, legal fees, and agent commissions, representing the minimum cash requirement for property acquisition. Additional costs include property inspections, insurance, and initial utility connections.
Financing costs vary based on down payment percentage and loan terms, with 20-40% down payment required plus closing costs and loan processing fees. Monthly mortgage payments should include principal, interest, and potential prepayment penalties.
Annual ownership costs include property tax at 0.1% of market value, condo management fees of $0.5-$2.5 per square meter monthly, insurance premiums, and maintenance reserves. These ongoing costs typically represent 2-4% of property value annually.
Investment property owners should budget for vacancy periods, rental management fees, and property upgrades to maintain competitive rental rates. Emergency maintenance funds of 1-2% annually help address unexpected repairs or improvements.
It's something we develop in our Cambodia property pack.
Conclusion
This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.
Cambodia's property market offers exceptional value for regional investors, with Phnom Penh leading appreciation potential and provincial cities providing affordable entry points.
As of September 2025, the market demonstrates strong fundamentals with 4-7% annual growth projections and superior rental yields compared to neighboring countries.
Sources
- DaBest Properties Cambodia Condo Trends
- BambooRoutes Average House Price Cambodia
- BambooRoutes Cambodia Price Forecasts
- Cambodia Property Asia Real Estate
- BambooRoutes Cambodia Market Trends
- Global Property Guide Cambodia Price History
- IPS Cambodia Phnom Penh Condo Trends 2025
- RealEstate.com.kh Guides