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Everything you need to know before buying real estate is included in our Cambodia Property Pack
Cambodia's property market offers some of the most affordable real estate prices in Southeast Asia, with condos starting from $1,500 per square meter in Phnom Penh and land plots available for as little as $40 per square meter in suburban areas.
Property prices vary significantly between locations, with prime Phnom Penh condos reaching $4,000 per square meter while coastal areas like Kampot offer excellent value at $50-100 per square meter for land. The market has shown steady growth of 5-10% annually, making Cambodia an attractive destination for both investors and those looking to relocate to Southeast Asia.
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.
As of September 2025, Cambodia's property market offers excellent value with prime Phnom Penh condos averaging $2,650-$4,000 per square meter, while suburban areas provide affordable options starting from $1,500 per square meter.
The market shows strong growth potential with 5-10% annual increases expected, particularly in coastal tourist areas and infrastructure-linked developments.
| Property Type | Location | Price Range (per sqm) |
|---|---|---|
| Prime Condos | Central Phnom Penh | $2,650 - $4,000 |
| Entry-level Condos | Phnom Penh | $1,500 - $2,200 |
| Beachfront Condos | Sihanoukville | $1,000 - $3,000 |
| Tourist Area Condos | Siem Reap | $2,000 - $3,000 |
| Villas | Phnom Penh | $2,000 average |
| Luxury Coastal Villas | Sihanoukville/Kep | $500,000 - $800,000 total |
| Prime Land | Central Phnom Penh | $3,000 - $8,500 |
| Suburban Land | Phnom Penh outskirts | $40 - $2,000 |
| Coastal Land | Kampot | $50 - $100 |
What are the current average property prices in Cambodia by property type?
Cambodia's residential property market offers distinct pricing across different property types, with condos leading the premium segment and land providing the most affordable entry points.
Prime condos in central Phnom Penh command the highest prices at $2,650-$4,000 per square meter, while entry-level condos in the same city start from $1,500-$2,200 per square meter. Tourist destinations like Siem Reap see condo prices of $2,000-$3,000 per square meter, and beachfront condos in Sihanoukville range from $1,000-$3,000 per square meter.
Villas and borey houses in Phnom Penh average around $2,000 per square meter, with luxury coastal villas in tourist destinations like Sihanoukville, Kep, and Kampot selling for $500,000-$800,000 complete units. These properties typically offer larger living spaces and private amenities compared to condos.
Land prices show the widest variation, from $40 per square meter in affordable suburban Phnom Penh areas like Praek Pnov to $8,500 per square meter in prime central districts like Daun Penh. Coastal land in areas like Kampot remains extremely affordable at $50-$100 per square meter.
As of September 2025, the condo market dominates foreign buyer interest due to legal ownership advantages, while land purchases typically require local partnerships or long-term lease arrangements.
How do property prices vary between different cities and neighborhoods in Cambodia?
| City/Area | Condo Price (per sqm) | Land Price (per sqm) | Market Characteristics |
|---|---|---|---|
| Phnom Penh Central | $2,000 - $4,000 | $3,000 - $8,500 | Premium market, highest demand |
| Phnom Penh Suburban | $1,000 - $2,000 | $50 - $2,000 | Affordable, growing infrastructure |
| Siem Reap Prime | $2,000 - $3,000 | Not widely available | Tourism-driven, stable rental demand |
| Sihanoukville Beachfront | $1,000 - $3,000 | Limited availability | Recovery phase, casino development |
| Kampot/Kep Coastal | $1,200 - $2,000 | $50 - $100 | Emerging tourism, excellent value |
| Battambang | $800 - $1,200 | Under $500 | Most affordable major city |
| Chbar Ompov | $1,200 - $1,800 | $120 - $2,500 | Affordable housing focus |
Which areas are most expensive and which offer budget-friendly opportunities?
The most expensive areas in Cambodia concentrate in central Phnom Penh, particularly Daun Penh district and BKK1 area, where prime condos reach $4,000 per square meter and land plots can exceed $8,000 per square meter.
Siem Reap's riverfront properties and prime tourist zones command premium prices of $2,000-$3,000 per square meter for condos, driven by consistent tourist demand and limited prime land availability. Sihanoukville's beachfront properties, despite recent market corrections, still reach $3,000 per square meter in the best locations.
Budget-friendly areas with strong growth potential include suburban Phnom Penh districts like Kambol and Praek Pnov, where land starts at just $40-$650 per square meter. Kampot and Kep offer exceptional value for coastal properties, with land prices of $50-$100 per square meter and growing tourism appeal.
Up-and-coming areas include Chbar Ompov district, where affordable housing developments are expanding, and Mean Chey district, offering middle-ground pricing between central and suburban areas. Battambang remains Cambodia's most affordable major city, with condos starting under $1,200 per square meter.
Infrastructure development around new expressways and the upcoming Phnom Penh-Sihanoukville expressway creates emerging opportunities in previously overlooked suburban areas.
What are specific purchase price examples for properties in popular areas?
A prime 100-square-meter luxury condo in central Phnom Penh costs $265,000-$292,000, representing the top tier of Cambodia's residential market with modern amenities and prime location access.
Entry-level buyers can find 50-square-meter condos in Phnom Penh for $75,000-$110,000, offering affordable urban living with basic amenities and good transport connections. These units typically feature one bedroom and are popular with young professionals and small families.
Beachfront condos in Sihanoukville, sized around 80 square meters, range from $80,000-$240,000 depending on exact location and building quality. The wide price range reflects the area's ongoing development and varying property standards.
Suburban borey houses in Phnom Penh, typically 120 square meters, cost $120,000-$240,000 and include private parking, garden space, and community amenities. These gated community homes appeal to families seeking suburban lifestyle with city access.
Large land plots offer the best value for money, with 500-square-meter plots in Kampot available for just $25,000-$50,000, ideal for custom home construction or future development. A 100-square-meter plot in prime Daun Penh district commands $300,000-$850,000, though such central land rarely becomes available.
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How do property prices change based on size and surface area?
Property prices in Cambodia follow linear scaling with size, meaning doubling the surface area typically doubles the total cost, with some exceptions for bulk discounts on larger plots and premium pricing for optimal sizes.
Prime condo developments often price smaller units at slight premiums per square meter due to higher demand from individual buyers, while larger units may offer modest per-square-meter discounts. A 50-square-meter unit might cost $2,800 per square meter while a 100-square-meter unit in the same building costs $2,650 per square meter.
Land plots show more significant bulk pricing advantages, particularly in suburban and rural markets where larger plots of 500+ square meters often receive 10-15% per-square-meter discounts compared to smaller 100-200 square meter plots. This reflects lower transaction costs and developer preferences for larger sales.
Villa and house pricing remains relatively consistent per square meter within the same development, as these properties target specific market segments with standardized pricing structures. Borey developments typically maintain uniform per-square-meter pricing across different house sizes within the same phase.
Premium locations like central Phnom Penh or beachfront areas maintain consistent per-square-meter pricing regardless of size, as land scarcity eliminates bulk discounting opportunities.
What is the total cost of buying property including all fees and taxes?
The total cost of buying property in Cambodia extends beyond the purchase price, with additional expenses typically adding 6-10% to the base property cost.
The transfer tax represents the largest additional cost at 4% of the registered property value, paid to the government during ownership transfer. This tax applies to both Cambodian and foreign buyers and cannot be avoided.
Registration fees typically cost $300-$500 regardless of property value, covering administrative processing and official documentation. Legal fees range from $500-$1,500 depending on transaction complexity and lawyer experience, essential for navigating Cambodia's property laws.
Real estate agent fees of 2-3% are usually paid by the seller but may be negotiated into the purchase price. For a $200,000 property, buyers should budget approximately $8,000-$20,000 for transfer tax alone, plus $1,300-$3,500 for other fees.
Hidden costs include due diligence research, document translation services, and potential under-valuation agreements that some buyers use to reduce transfer taxes. Condo owners face ongoing maintenance fees of $0.50-$1 per square meter monthly, while borey residents may pay community maintenance fees.
It's something we develop in our Cambodia property pack.
How do mortgages work in Cambodia and what terms can buyers expect?
Mortgage availability in Cambodia is extremely limited for foreign buyers, with most international purchasers requiring cash payments or external financing arrangements.
Local banks primarily serve Cambodian citizens and long-term residents, offering loan-to-value ratios up to 70% with terms extending to 20 years maximum. Interest rates as of September 2025 range from 7.5-11% annually, available in both fixed and variable rate structures.
Foreign buyers may access financing through long-term lease arrangements or partnership structures with Cambodian nationals, though these require careful legal structuring. Some international banks with Cambodian operations provide limited financing to qualified expatriate clients with substantial local income or collateral.
Minimum down payments typically require 30-40% of the property value, with banks demanding proof of stable income and local employment history. The approval process can take 2-3 months and requires extensive documentation including income verification, tax returns, and property appraisals.
Most foreign property buyers in Cambodia use cash purchases, home country mortgages, or international loan facilities to finance their purchases, avoiding the complexities of local mortgage markets entirely.
What are the smartest property choices for different investment strategies?
Owner-occupiers seeking lifestyle properties should focus on suburban Phnom Penh borey houses or prime city condos, offering the best combination of living quality, amenities, and community features for long-term residence.
Short-term rental investors achieve the highest yields of 7.5-8.5% annually by targeting Siem Reap tourist areas, Sihanoukville beachfront properties, or Kampot eco-tourism developments. These locations benefit from consistent tourist demand and limited quality accommodation supply.
Long-term rental strategies work best in Phnom Penh's urban and fringe areas, where stable expatriate and local professional demand supports consistent occupancy rates of 85-95% annually. Modern condos near business districts or international schools command premium rents.
Capital appreciation investors should target properties near infrastructure developments, including the new airport expressway, upcoming light rail projects, and expanding industrial zones. Up-and-coming central districts offer the best potential for value increases over 5-10 year periods.
Diversified investors can combine strategies by purchasing multi-unit buildings in tourist areas for short-term rental income while holding suburban land for long-term appreciation as urban development expands outward.
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 have property prices changed over the past five years and one year?
Cambodia's property market has shown resilient growth over the five-year period from 2020-2025, with Phnom Penh properties increasing 15.4% according to the Residential Property Price Index (RPPI).
The luxury condo segment experienced a slight correction in 2024, declining 2.21% due to oversupply in the premium market, but has stabilized in 2025 as excess inventory was absorbed. This temporary adjustment reflected market maturation rather than fundamental weakness.
Year-on-year growth from 2024 to 2025 shows healthy increases of 5-10% across most property segments, with mid-market condos and suburban houses leading growth as affordability drives demand expansion. Entry-level properties have shown particularly strong performance as local buying power increases.
Coastal and tourist city properties have outperformed urban markets with 7-10% annual growth for villas and 5-7% for most other property types, driven by tourism recovery and infrastructure improvements in destinations like Kampot and Kep.
The market has demonstrated stability despite global economic uncertainties, with steady demand from both local upgraders and international buyers supporting consistent price appreciation across most segments and locations.
What are the forecasts for Cambodia property prices over the next 1, 5, and 10 years?
Short-term forecasts for the next year predict continued growth of 5-10% across most urban and coastal markets, driven by ongoing infrastructure development and steady economic expansion.
The five-year outlook shows particularly strong potential for mid-range condos and prime coastal villas, with compound annual growth rates of 6-8% expected as tourism infrastructure develops and urban population growth continues. Government infrastructure investments in expressways and airport expansion will support suburban property appreciation.
Ten-year projections indicate sustained growth potential, especially in infrastructure-linked developments and tourist markets, though periodic corrections may occur during global economic downturns. The long-term fundamentals remain strong with young demographics and ongoing urbanization driving housing demand.
Coastal tourism areas like Kampot, Kep, and recovering Sihanoukville zones show the highest growth potential over the medium term as international tourism returns to pre-pandemic levels and new tourism infrastructure comes online.
Suburban Phnom Penh areas along planned infrastructure corridors present the best long-term appreciation opportunities as urban sprawl and improved transport links make these areas more attractive for both residents and investors.
It's something we develop in our Cambodia property pack.
How does Cambodia's market compare with other regional cities?
| City | Prime Condo Price (per sqm) | Rental Yield | Market Maturity |
|---|---|---|---|
| Phnom Penh, Cambodia | $2,650 - $4,000 | 6% - 8% | Emerging, high growth potential |
| Ho Chi Minh City, Vietnam | $3,200 - $7,000 | 5% - 7% | Rapid development, higher prices |
| Bangkok, Thailand | $3,800 - $8,000 | 4% - 6% | Mature market, lower yields |
| Kuala Lumpur, Malaysia | $2,700 - $5,400 | 4% - 6% | Established, moderate growth |
| Manila, Philippines | $2,800 - $6,500 | 5% - 7% | Growing, infrastructure focus |
| Jakarta, Indonesia | $2,200 - $5,800 | 6% - 8% | Large market, varied pricing |
What are the best options today for safe investment and good value?
Phnom Penh suburban borey houses represent the safest investment option, offering stable appreciation potential, strong rental demand, and established legal frameworks for property ownership and management.
Mid-range condos in central Phnom Penh provide excellent balance between safety and returns, with 6-8% rental yields, steady capital appreciation, and high liquidity in the resale market. These properties benefit from established infrastructure and consistent demand from both locals and expatriates.
Coastal villas and condos in Siem Reap, Kampot, and select Sihanoukville areas offer the highest yield potential at 7.5-8.5% annually, though with slightly higher risk due to tourism dependency. These markets are recovering strongly and benefit from government tourism promotion efforts.
Land investments near confirmed infrastructure projects provide the best long-term appreciation potential, particularly along planned expressway routes and near the new international airport. These investments require longer holding periods but offer superior capital gains potential.
For maximum safety, investors should focus on properties from reputable developers, well-managed borey communities, and prime city or beachfront locations with established track records of appreciation and rental demand.
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 in September 2025 offers compelling opportunities for both investors and residents, with prices significantly below regional averages while maintaining strong growth momentum.
The combination of affordable entry points, improving infrastructure, and government support for real estate development creates an attractive environment for long-term property investment in Southeast Asia's emerging market.
Sources
- BambooRoutes - Average House Price in Cambodia
- BambooRoutes - Cambodia Price Forecasts
- IPS Cambodia - Phnom Penh Condo Market Trends 2025
- BambooRoutes - Phnom Penh Price Forecasts
- Dabest Properties - Cambodia Condo Trends
- Global Property Guide - Cambodia Price History
- BambooRoutes - Cambodia Which Area
- RealEstate.com.kh - Buy House