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Cambodia property prices in 2026 are not rising everywhere, because the market is still digesting the old construction boom.
In this article, we look at current housing prices in Cambodia, past price changes, and realistic forecasts for the rest of 2026 and beyond.
We constantly update this blog post as new Cambodia property data, macro forecasts and market reports become available.
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.
What are the current property price trends in Cambodia as of 2026?
As of 2026, the Cambodia residential property market is stabilizing after several weak years, but national prices are still slightly lower than one year ago.
The most important point is that Cambodia is now a very selective market, where completed, well-located homes in Phnom Penh are doing much better than unfinished, overpriced or badly located projects.
For a simple buyer, this means Cambodia property prices in 2026 should not be judged from one national number only, because the price trend changes a lot by city, district and property type.
What is the average house price in Cambodia as of 2026?
As of 2026, the estimated average house price in Cambodia is about 520 million Cambodian riel, or about 130,000 US dollars, or about 120,000 euros, for a formal urban residential property.
To make this number easier to compare, the average property price in Cambodia in 2026 is around 5 million Cambodian riel per square meter, or about 1,250 US dollars, or about 1,150 euros per square meter.
In real buying terms, roughly 80% of ordinary residential purchases in Cambodia in 2026 fall between 280 million and 900 million Cambodian riel, or about 70,000 to 225,000 US dollars, or about 65,000 to 207,000 euros.
How much have property prices increased in Cambodia over the past 12 months?
Residential property prices in Cambodia have not increased overall over the past 12 months, because the best current estimate is a fall of about 3% nationally in nominal terms.
That national number hides a wide range, because weaker condo stock may be down 3% to 8%, while good condos, townhouses and borey homes in practical Phnom Penh locations may be flat or up 3% to 6%.
The single biggest reason for this price movement in Cambodia is weak credit, because banks and buyers are still cautious after years of heavy construction and slower sales.
Which neighborhoods have the fastest rising property prices in Cambodia as of 2026?
As of 2026, the three fastest rising residential areas in Cambodia are Tonle Bassac, Sen Sok and Meanchey in Phnom Penh.
Tonle Bassac is likely up about 3% to 5% for good units, while Sen Sok and Meanchey are closer to 4% to 6% because affordable new homes are selling better there.
These neighborhoods are growing faster because Tonle Bassac has strong expat and rental demand, while Sen Sok and Meanchey offer newer, cheaper homes near malls, schools, roads and daily services.
By the way, you will find much more detailed price ranges across neighborhoods in our property pack covering the real estate market in Cambodia.
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Which property types are increasing faster in value in Cambodia as of 2026?
As of 2026, the strongest residential property types in Cambodia are townhouses and borey homes first, practical mid-tier condos second, apartments third and luxury villas fourth.
The top-performing property type in Cambodia in 2026 is the practical borey townhouse, with realistic annual appreciation of about 3% to 6% in the best Phnom Penh suburban districts.
This property type is outperforming because local families still prefer landed homes when the price is realistic, the location is practical and the developer offers flexible payments.
Finally, if you’re interested in a specific property type, you will find our latest analyses here:
What is driving property prices up or down in Cambodia as of 2026?
As of 2026, the three main forces driving Cambodia property prices are weak credit, oversupply in some condo projects and steady demand for affordable homes in Phnom Penh.
The strongest upward pressure comes from urban household demand, because more Cambodian families want modern homes near jobs, schools, malls and better roads.
If you want to understand these factors at a deeper level, you can read our latest property market analysis about Cambodia here.
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What is the property price forecast for Cambodia in 2026?
The Cambodia property price forecast for 2026 is cautious, because the market is improving in some places but still weak at the national level.
We expect the rest of 2026 to be a buyer-selection market, not a broad boom, because good assets can recover while weak assets can still fall.
How much are property prices expected to increase in Cambodia in 2026?
As of 2026, residential property prices in Cambodia are expected to finish the year around flat, with a likely national movement between a 1% fall and a 2% rise.
Across different analysts and market views, the realistic 2026 Cambodia property forecast ranges from a 3% fall for weak stock to a 5% gain for well-located Phnom Penh homes.
The main assumption behind most Cambodia price forecasts is that credit conditions slowly stop getting worse, but do not become loose enough to create a new property boom.
We go deeper and try to understand how solid are these forecasts in our pack covering the property market in Cambodia.
Which neighborhoods will see the highest price growth in Cambodia in 2026?
As of 2026, the Cambodia neighborhoods most likely to see the highest price growth are Tonle Bassac, BKK1, Toul Kork, Sen Sok, Meanchey, Chbar Ampov and selected parts of Chroy Changvar.
These top Phnom Penh neighborhoods could see price growth of about 2% to 5% in 2026, while the best affordable suburban pockets could reach about 4% to 6%.
The main catalyst is end-user demand, because buyers are moving toward completed homes in places where daily life is easy and rental demand is clear.
One emerging area that could surprise is Meanchey around Hun Sen Boulevard, because it combines cheaper prices, new roads and a growing supply of practical housing.
By the way, we’ve written a blog article detailing what are the current best areas to invest in property in Cambodia.
What property types will appreciate the most in Cambodia in 2026?
As of 2026, the Cambodia property type expected to appreciate the most is the practical townhouse or link house inside a functioning borey community.
The projected appreciation for this top-performing Cambodia property type is about 3% to 6% in 2026 when the home is well located, completed and realistically priced.
The main demand trend is simple: many Cambodian families still want landed homes, but they now want smaller, more affordable and easier-to-finance units.
Luxury condos are expected to underperform because there is too much investor-style stock and the buyer pool for expensive units is still thin.
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How will interest rates affect property prices in Cambodia in 2026?
As of 2026, interest rates will keep Cambodia property prices under control, because borrowing remains expensive enough to limit how much local buyers can pay.
Cambodia does not work like a market with one simple mortgage policy rate, but practical US dollar home loans often cost around 7% to 10%, and mortgage rates are likely to stay cautious in 2026.
A 1% rise in borrowing cost can reduce property affordability in Cambodia by roughly 8% to 12%, so cheaper homes and flexible-payment projects should keep performing better.
You can also read our latest update about mortgage and interest rates in Cambodia.
What are the biggest risks for property prices in Cambodia in 2026?
As of 2026, the three biggest risks for Cambodia property prices are weak credit, more distressed developer sales and oversupply in investor-heavy condo projects.
The highest-probability risk is still weak credit, because cautious banks can slow both new purchases and resale demand even when asking prices look attractive.
We actually cover all these risks and their likelihoods in our pack about the real estate market in Cambodia.
Is it a good time to buy a rental property in Cambodia in 2026?
As of 2026, it can be a good time to buy a rental property in Cambodia, but only for buyers who focus on completed, well-managed and rentable homes in Phnom Penh.
The strongest argument for buying now is that motivated sellers are easier to find than during the boom, especially in the condo market.
The strongest argument for waiting is that weak credit and oversupply may create even better prices later for buyers who are patient and cash-ready.
If you want to know our latest analysis (results may differ from what you just read), you can read our assessment on whether now is a good time to buy a property in Cambodia.
You’ll also find a dedicated document about this specific question in our pack about real estate in Cambodia.
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Where will property prices be in 5 years in Cambodia?
Over five years, Cambodia property prices should do better than in 2026, but the recovery should still be uneven.
The main idea is that Phnom Penh’s useful, livable and well-connected properties should outperform weak old speculative stock.
What is the 5-year property price forecast for Cambodia as of 2026?
As of 2026, the estimated cumulative property price growth in Cambodia over the next 5 years is about 20% to 30% in nominal terms.
A conservative scenario is closer to 10% to 15% over 5 years, while an optimistic scenario for strong Phnom Penh locations is closer to 35% to 40%.
This means the average expected annual appreciation rate for Cambodia residential property is about 4% to 5.5% per year over the next 5 years.
The key assumption is that Cambodia returns to steadier growth after 2026, while credit slowly improves and today’s oversupply is absorbed.
Which areas in Cambodia will have the best price growth over the next 5 years?
The three Cambodia areas expected to have the best property price growth over the next 5 years are Sen Sok, Meanchey and Chbar Ampov in Phnom Penh.
These top-performing areas could see cumulative price growth of about 25% to 40% over 5 years if roads, services and end-user demand keep improving.
This is slightly different from the 2026 forecast because short-term growth favors the safest central areas, while 5-year growth favors practical expansion districts.
The most undervalued area with potential to outperform is Meanchey around Hun Sen Boulevard, because prices are still lower than central Phnom Penh while infrastructure is improving.
What property type will give the best return in Cambodia over 5 years as of 2026?
As of 2026, the Cambodia property type expected to give the best total return over 5 years is a well-located, affordable or mid-tier condo in Phnom Penh.
A good Phnom Penh condo bought at the right price could deliver a 5-year total return of about 45% to 65%, including both capital growth and rental income.
The structural trend behind this forecast is the slow shift from informal housing to modern apartments near jobs, schools, shops and transport links.
The best balance of return and lower risk over 5 years is a completed condo in BKK1, Tonle Bassac, Toul Kork, Russian Market, Sen Sok or Chroy Changvar.
How will new infrastructure projects affect property prices in Cambodia over 5 years?
The three major infrastructure drivers for Cambodia property prices over the next 5 years are Techo International Airport, Phnom Penh ring-road expansion and new bridge connections toward Chbar Ampov and Koh Norea.
In Cambodia, properties near completed and useful infrastructure can trade about 5% to 15% higher than similar homes in less connected areas.
The neighborhoods most likely to benefit are Meanchey, Chbar Ampov, Koh Norea, Sen Sok, Chroy Changvar and airport-linked parts of southern Phnom Penh and Kandal.
How will population growth and other factors impact property values in Cambodia in 5 years?
Cambodia’s population is expected to keep growing slowly over the next 5 years, and this should support property values mostly through household formation and urban migration.
The strongest demographic shift for Cambodia housing demand is the growth of young working households that want smaller, practical and more affordable homes.
Domestic migration toward Phnom Penh should support rental demand and end-user housing demand, while international buyers will likely stay focused on legally accessible condos.
The property types and areas that benefit most should be affordable condos, mid-tier condos and borey homes in Sen Sok, Meanchey, Chbar Ampov, Toul Kork and selected central Phnom Penh pockets.
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 is the 10 year property price outlook in Cambodia?
The 10-year Cambodia property outlook is positive, but it depends heavily on location, legal clarity and whether the home has real daily demand.
The best Cambodia properties should rise with urban jobs and infrastructure, while weak speculative stock may stay difficult to resell.
What is the 10-year property price prediction for Cambodia as of 2026?
As of 2026, the estimated cumulative property price growth in Cambodia over the next 10 years is about 55% to 75% in nominal terms.
A conservative 10-year Cambodia forecast is closer to 35% to 45%, while a stronger Phnom Penh scenario could reach about 80% to 100% for very well-bought properties.
This means the projected average annual appreciation rate for Cambodia residential property is about 4.5% to 5.8% per year over the next 10 years.
The biggest uncertainty is whether Cambodia can improve incomes, credit quality and construction discipline enough to turn long-term demand into real purchasing power.
What long-term economic factors will shape property prices in Cambodia?
The three long-term economic factors that will shape Cambodia property prices are manufacturing growth, urbanization and the health of the banking system.
The most positive long-term factor is urbanization, because more people living and working in Phnom Penh creates real demand for condos, townhouses and borey homes.
The biggest structural risk is weak credit quality, because a property market can look attractive but still struggle if buyers cannot borrow safely and developers remain under pressure.
You’ll also find a much more detailed analysis in our pack about real estate 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 we trust it | How we used it |
|---|---|---|
| National Bank of Cambodia, Financial Stability Review 2025 | Cambodia’s central bank is the strongest official source for RPPI and credit risk. | We used it as the anchor for national and Phnom Penh price direction. We also used it to understand credit pressure and banking risk. |
| National Bank of Cambodia, RPPI statistics page | This is the official page for Cambodia’s residential price index data. | We used it to verify that RPPI is an official recurring dataset. We treated it as stronger than listing-site asking prices. |
| Knight Frank Cambodia Real Estate Highlights H2 2025 | Knight Frank is a major international property firm with local Cambodia research. | We used it for condo supply, landed housing data and district pipeline. We also used it to separate core demand from weak speculative demand. |
| CBRE Cambodia Phnom Penh Mid-Year Review 2025, reported by Cambodia Investment Review | CBRE is one of the main professional real estate research firms in Cambodia. | We used it to cross-check the private-market view. We treated it as directional because the article reports CBRE data. |
| World Bank Cambodia Economic Update, June 2026 | The World Bank gives recent country-level macro analysis for Cambodia. | We used it for the 2026 growth slowdown, weak credit and construction pressure. We linked those factors to housing demand. |
| Asian Development Bank Cambodia 2026 Outlook | ADB is a major regional development bank with strong Cambodia coverage. | We used it to cross-check the 2026 growth outlook. We also used it for manufacturing, inflation and external-risk assumptions. |
| IMF Cambodia Country Page | The IMF gives macro forecasts used by governments, banks and investors. | We used it as a conservative macro baseline. We compared IMF growth expectations with World Bank and ADB forecasts. |
| Global Property Guide Cambodia 2026 | It compiles Cambodia price history and cites official and market data. | We used it as a secondary check on RPPI and high-end condo pricing. We did not use it as the primary source. |
| Realestate.com.kh Market Trends | It is Cambodia’s main property portal and useful for asking-price signals. | We used it to understand buyer-facing prices and neighborhood demand. We treated it as asking-price evidence, not completed-sale evidence. |
| UNFPA and NIS Cambodia Inter-Censal Population Survey 2024 | It is an official demographic survey supported by UNFPA. | We used it for population, migration and household formation. We linked these trends to long-term housing demand in Cambodia. |
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