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This article explains the current housing prices in Phnom Penh in 2026, using the latest data we could collect and check.
We constantly update this blog post so buyers can follow the Phnom Penh property market with fresh and simple numbers.
You will find median prices, price per square meter, neighborhood ranges, taxes, fees, and examples by budget.
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 Phnom Penh.
Insights
- The median housing price in Phnom Penh in 2026 is around KHR 463 million, or $115,000, which is a better guide than the average because luxury villas push the average upward.
- The average housing price in Phnom Penh in 2026 is around KHR 624 million, or $155,000, but many normal buyers will spend less than that.
- Most residential properties in Phnom Penh in 2026 fall between KHR 242 million and KHR 1.41 billion, or roughly $60,000 to $350,000.
- Phnom Penh listing prices are usually negotiable, and we estimate that final sale prices are often 8% to 15% below asking prices.
- Prime condo areas such as BKK1, Tonle Bassac, Koh Pich, and Daun Penh have the highest price per square meter in Phnom Penh.
- Outer areas such as Meanchey, Chbar Ampov, Dangkor fringe, and parts of Sen Sok are where buyers usually find the lowest price per square meter.
- Phnom Penh residential prices are down around 5% compared with last year, mostly because supply is high and buyers remain careful.
- New-build homes in Phnom Penh are usually 12% to 25% more expensive than comparable resale homes, mainly because developers sell amenities, warranties, and payment plans.
- A buyer should budget 6% to 12% above the purchase price for fees, furnishing, light renovation, and admin costs in Phnom Penh in 2026.
What is the average housing price in Phnom Penh in 2026?
The median housing price in Phnom Penh is often more useful than the average because a small number of expensive villas, shophouses, and luxury condos can make the average look higher than what most buyers will actually pay.
We are writing this as of 2026, using the latest data collected from authoritative sources that we manually double checked.
The median housing price in Phnom Penh in 2026 is about KHR 463 million, or $115,000, or €99,000. The average housing price in Phnom Penh in 2026 is higher, at about KHR 624 million, or $155,000, or €134,000.
For about 80% of the residential property market in Phnom Penh in 2026, a realistic price range is roughly KHR 242 million to KHR 1.41 billion, or $60,000 to $350,000, or €52,000 to €302,000.
A realistic entry range in Phnom Penh in 2026 is about KHR 221 million to KHR 342 million, or $55,000 to $85,000, or €47,000 to €73,000, which can buy an older 35 to 45 sqm studio or compact one-bedroom condo in Toul Kork, Sen Sok, Meanchey, or parts of Chroy Changvar.
A typical luxury property in Phnom Penh in 2026 costs about KHR 1.81 billion to KHR 6.04 billion, or $450,000 to $1.5 million, or €388,000 to €1.29 million, which can buy a 120 to 220 sqm high-end condo in BKK1, Tonle Bassac, Koh Pich, or Daun Penh, or a larger borey villa in Sen Sok or Chroy Changvar.
By the way, you will find much more detailed price ranges in our property pack covering the real estate market in Phnom Penh.
Are Phnom Penh property listing prices close to the actual sale price in 2026?
In Phnom Penh in 2026, we estimate that actual sale prices are usually 8% to 15% below listing prices, with a central estimate of about 12% below asking.
This gap exists because the Phnom Penh property market has many resale condos, many new projects, and buyers who can negotiate. The gap is usually larger for overpriced high-end condos, slow-moving landed homes, and older resale units, while affordable completed units with clean title can trade closer to asking price.
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What is the price per sq m or per sq ft for properties in Phnom Penh in 2026?
As of 2026, the median housing price per square meter in Phnom Penh is about KHR 6.04 million, or $1,500, or €1,294, which equals about KHR 561,000, or $139, or €120 per square foot. The average housing price per square meter in Phnom Penh is about KHR 7.25 million, or $1,800, or €1,552, which equals about KHR 674,000, or $167, or €144 per square foot.
The highest price per square meter in Phnom Penh in 2026 is usually found in small prime condos, because central locations and compact layouts push more value into each square meter, while the lowest price per square meter is usually found in older flats, outer-district condos, and larger borey houses.
The highest price per square meter in Phnom Penh in 2026 is usually in BKK1, Tonle Bassac, Koh Pich, and Daun Penh, at about KHR 8.86 million to KHR 18.12 million per square meter. The lowest mainstream range is usually in Meanchey, Chbar Ampov, the Dangkor fringe, and outer Sen Sok, at about KHR 3.62 million to KHR 5.64 million per square meter.
How have property prices evolved in Phnom Penh?
Compared with one year ago, Phnom Penh residential prices in 2026 are down about 4% to 6% in nominal terms, with our central estimate at 5%. The main reason is that condo and borey supply is still heavy, while buyers remain careful and financing is not easy for many households.
Compared with two years ago, Phnom Penh residential prices in 2026 are also lower, especially in the condo segment and in projects where sellers need liquidity. The market has not collapsed, but the balance is clearly more favorable to buyers than it was during the stronger parts of the 2016 to 2021 cycle.
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 Phnom Penh.
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How do prices vary by housing type in Phnom Penh in 2026?
In the Phnom Penh buyer market in 2026, we estimate that condos and apartments represent about 45% of active buyer interest, borey link houses and flat houses 25%, shophouses 12%, twin villas 8%, detached villas 6%, and luxury condos or penthouses 4%, because foreign buyers focus on strata-title condos while local buyers are still very active in landed homes.
As of 2026, a normal condo or apartment in Phnom Penh averages about KHR 483 million, or $120,000, or €103,000, while a borey link house or flat house averages about KHR 584 million, or $145,000, or €125,000. A shophouse averages about KHR 1.05 billion, or $260,000, or €224,000, a twin villa averages about KHR 1.41 billion, or $350,000, or €302,000, a detached villa averages about KHR 2.62 billion, or $650,000, or €561,000, and a luxury condo or penthouse averages about KHR 3.02 billion, or $750,000, or €647,000.
If you want to know more, you should read our dedicated analyses:
- How much should you pay for an apartment in Phnom Penh?
- How much should you pay for a condo in Phnom Penh?
How do property prices compare between existing and new homes in Phnom Penh in 2026?
In Phnom Penh in 2026, new-build homes are usually 12% to 25% more expensive than comparable existing homes, with a central estimate of about 18%.
This premium exists because developers often sell newer amenities, payment plans, warranties, and branded management, although the premium can disappear in oversupplied projects where resale sellers are more realistic than developers.
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How do property prices vary by neighborhood in Phnom Penh in 2026?
In BKK1, buyers mostly find prime condos, serviced-apartment style units, and luxury apartments, with common prices around KHR 483 million to KHR 2.01 billion, or $120,000 to $500,000, or €103,000 to €431,000. BKK1 is expensive because the area is central, walkable, close to offices and embassies, and popular with expat renters.
In Toul Tom Poung, also called Russian Market, buyers mostly find older apartments, compact condos, and renovated flats, with common prices around KHR 282 million to KHR 886 million, or $70,000 to $220,000, or €60,000 to €190,000. Toul Tom Poung is cheaper than BKK1 but still popular because the area has cafés, daily services, and strong expat demand.
In Sen Sok, buyers mostly find suburban condos, borey homes, link houses, and family-sized properties, with common prices around KHR 242 million to KHR 1.13 billion, or $60,000 to $280,000, or €52,000 to €241,000. Sen Sok is more affordable because it is farther from the prime center, but it offers more space, malls, and family-oriented housing.
You will find a much more detailed analysis by areas in our property pack about Phnom Penh. Meanwhile, here is a quick summary table we have made so you can understand how prices change across areas:
| Area in Phnom Penh | Simple market label | Typical price range | Typical price per sq m | Typical price per sq ft |
|---|---|---|---|---|
| BKK1 | Prime expat and CBD | KHR 483m to 2.01bn $120k to $500k |
KHR 9.26m to 16.11m $2,300 to $4,000 |
KHR 861k to 1.50m $214 to $372 |
| Tonle Bassac | Luxury and embassy area | KHR 524m to 2.62bn $130k to $650k |
KHR 9.66m to 18.12m $2,400 to $4,500 |
KHR 898k to 1.68m $223 to $418 |
| Koh Pich | New luxury and river views | KHR 604m to 3.02bn $150k to $750k |
KHR 10.07m to 19.33m $2,500 to $4,800 |
KHR 936k to 1.80m $232 to $446 |
| Daun Penh and Riverside | Heritage and central living | KHR 483m to 1.81bn $120k to $450k |
KHR 8.05m to 15.30m $2,000 to $3,800 |
KHR 748k to 1.42m $186 to $353 |
| Chamkarmon and BKK3 | Central value | KHR 342m to 1.13bn $85k to $280k |
KHR 6.44m to 10.47m $1,600 to $2,600 |
KHR 599k to 973k $149 to $242 |
| 7 Makara and Olympia | Central commute | KHR 322m to 1.21bn $80k to $300k |
KHR 6.44m to 10.07m $1,600 to $2,500 |
KHR 599k to 936k $149 to $232 |
| Toul Kork | Family and schools | KHR 262m to 1.21bn $65k to $300k |
KHR 5.64m to 8.86m $1,400 to $2,200 |
KHR 524k to 823k $130 to $204 |
| Boeung Kak | New urban area | KHR 362m to 1.41bn $90k to $350k |
KHR 6.85m to 11.28m $1,700 to $2,800 |
KHR 636k to 1.05m $158 to $260 |
| Toul Tom Poung | Lifestyle and expat value | KHR 282m to 886m $70k to $220k |
KHR 5.24m to 8.05m $1,300 to $2,000 |
KHR 487k to 748k $121 to $186 |
| Chroy Changvar | River and more space | KHR 322m to 1.41bn $80k to $350k |
KHR 4.83m to 8.86m $1,200 to $2,200 |
KHR 449k to 823k $111 to $204 |
| Sen Sok | Suburban family and malls | KHR 242m to 1.13bn $60k to $280k |
KHR 4.43m to 7.65m $1,100 to $1,900 |
KHR 412k to 711k $102 to $177 |
| Meanchey and Hun Sen Blvd fringe | Budget and growth corridor | KHR 221m to 886m $55k to $220k |
KHR 3.62m to 6.04m $900 to $1,500 |
KHR 337k to 561k $84 to $139 |
How much more do you pay for properties in Phnom Penh when you include renovation work, taxes, and fees?
In Phnom Penh in 2026, a normal buyer should usually budget 6% to 12% above the purchase price for legal work, admin costs, service fees, furnishing, and light renovation, or 15% to 25% for older homes needing serious work.
If you buy a property for about KHR 805 million, or $200,000, in Phnom Penh in 2026, a simple 10% extra budget would add around KHR 81 million, or $20,000. That means the total cash need would be close to KHR 886 million, or $220,000, before any mortgage costs.
If you buy a property for about KHR 2.01 billion, or $500,000, in Phnom Penh in 2026, a simple 10% extra budget would add around KHR 201 million, or $50,000. That means the total cash need would be close to KHR 2.21 billion, or $550,000, unless the property needs heavier renovation.
If you buy a property for about KHR 4.03 billion, or $1,000,000, in Phnom Penh in 2026, a simple 10% extra budget would add around KHR 403 million, or $100,000. That means the total cash need would be close to KHR 4.43 billion, or $1.1 million, and luxury furnishing could push this higher.
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 Phnom Penh
| Extra cost | Cost type | Estimated cost range in Phnom Penh |
|---|---|---|
| Legal due diligence | Fees | KHR 3.2 million to KHR 10.1 million, or $800 to $2,500. This usually covers title checks, contract review, and basic buyer protection. The cost is higher when the title history is complex. |
| Title, admin, and registration handling | Fees | KHR 2.0 million to KHR 8.1 million, or $500 to $2,000. This can cover paperwork, title transfer support, and local administrative handling. The amount depends on the property type and the service provider. |
| Agent or service fee charged to buyer | Fees | Often 0% to 3% of the purchase price. In some deals the seller pays the agent, but buyers should still ask clearly before signing. On a $200,000 property, 3% would be about KHR 24 million, or $6,000. |
| Stamp duty or transfer tax | Taxes | Often 0% under qualifying 2026 relief, but otherwise up to 4%. Cambodia extended relief for certain residential transfers through 31 December 2026. Buyers should confirm eligibility before relying on the exemption. |
| Light furnishing | Fit-out | KHR 20 million to KHR 81 million, or $5,000 to $20,000. This can cover basic furniture, appliances, curtains, and simple decoration. Prime condos can cost more if the buyer wants a rental-ready finish. |
| Light renovation | Renovation | KHR 604,000 to KHR 1.41 million per square meter, or $150 to $350 per square meter. This can cover painting, flooring, kitchen refresh, and bathroom upgrades. It is common for older resale condos and flats. |
| Heavy renovation | Renovation | KHR 1.61 million to KHR 3.22 million per square meter, or $400 to $800 per square meter. This is more realistic when a property needs structural repairs, major plumbing, electrical work, or a full interior rebuild. |
| Condo sinking fund or initial building setup | Building costs | KHR 2.0 million to KHR 12.1 million, or $500 to $3,000. This depends on the building, the unit size, and the management rules. Buyers should ask for this before signing the sale agreement. |
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 Phnom Penh in 2026 with different budgets?
With $100,000 in Phnom Penh in 2026, you can realistically buy a 40 to 50 sqm existing one-bedroom condo in Toul Kork, a 45 to 55 sqm newer compact condo in Sen Sok, or a 35 to 45 sqm older studio or one-bedroom unit on the Chamkarmon fringe or in BKK3.
With $200,000 in Phnom Penh in 2026, you can usually look at a 70 to 85 sqm two-bedroom condo in Chamkarmon or BKK3, an 80 to 100 sqm newer river-side condo in Chroy Changvar, or a small existing borey link house in Chbar Ampov or Sen Sok.
With $300,000 in Phnom Penh in 2026, you can target a 90 to 120 sqm two-bedroom or three-bedroom condo on the BKK1 or Tonle Bassac fringe, a good older shophouse in Toul Kork or Toul Tom Poung, or a larger borey link house or small twin villa in Sen Sok or Chbar Ampov.
With $500,000 in Phnom Penh in 2026, you enter the lower luxury market and can look at a 120 to 160 sqm high-end condo in BKK1 or Tonle Bassac, a twin villa or small detached villa in Sen Sok or Chroy Changvar, or a renovated prime shophouse in Toul Tom Poung or Toul Kork.
With $1,000,000 in Phnom Penh in 2026, you can buy a large luxury condo or penthouse in BKK1, Koh Pich, or Tonle Bassac, a detached villa in Sen Sok or Chroy Changvar, or a commercial-style residential shophouse in a central corridor.
With $2,000,000 in Phnom Penh in 2026, there is a real but thin market, and the budget can buy a trophy penthouse in BKK1, Koh Pich, or Tonle Bassac, a large detached villa or compound-style home in a prime borey, or a mixed-use residential building in a central commercial corridor.
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 Phnom Penh, 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 used | Why this source is useful | How we used this source |
|---|---|---|
| National Bank of Cambodia exchange rates | The National Bank of Cambodia is the country’s central bank, so it is the strongest public source for official riel exchange rates. | We used this source to convert USD property prices into Cambodian riel. We also used the EUR cross-rate to express Phnom Penh prices in euros. |
| Global Property Guide summary of Cambodia RPPI | This source makes the National Bank of Cambodia residential price index easier to read in English. | We used this source to understand the direction of residential prices in Cambodia and Phnom Penh. We treated the RPPI as a trend indicator, not as a property-level price database. |
| Knight Frank Cambodia Real Estate Highlights H1 2025 | Knight Frank is a major international real estate consultancy with Cambodia market research. | We used this report for Phnom Penh condo supply, landed housing supply, sales rates, and developer price evidence. We then adjusted the figures to 2026 using the latest price trend and market evidence. |
| CBRE Cambodia Phnom Penh Mid-Year Review 2025 via Cambodia Investment Review | CBRE is a major global property consultancy, and the article clearly summarizes CBRE’s Phnom Penh review. | We used this source to check that condos remained under pressure while affordable and mid-market stock was more resilient. We also used it for comments on liquidity and buyer sentiment. |
| Realestate.com.kh listing aggregates | Realestate.com.kh is one of Cambodia’s largest property portals, so it is useful for current asking-price evidence. | We used this portal to check asking-price bands and neighborhood medians. We did not treat listing prices as final transaction prices. |
| Rajah & Tann Asia Cambodia Q1 2026 legal update | Rajah & Tann is a regional law firm that tracks Cambodian legal and tax changes. | We used this source for 2026 stamp-duty relief on certain residential transfers. We used it to avoid overstating buyer costs where relief may apply. |
| DFDL Cambodia capital gains tax update | DFDL is an established Southeast Asian law and tax firm with Cambodia expertise. | We used this source to confirm that capital gains tax on immovable property was deferred to 2027. We therefore did not include a 2026 capital gains tax burden as a normal buyer acquisition cost. |
| Asian Development Bank Cambodia economy page | The Asian Development Bank is a major multilateral source for macroeconomic data and forecasts. | We used this source to sanity-check Cambodia’s inflation and growth environment. We used that context to explain the difference between nominal and real price changes. |
| IMF Cambodia country page | The IMF is a core macroeconomic source for country-level forecasts and financial conditions. | We used this source to cross-check Cambodia’s economic context in 2026. We used it to explain why buyer confidence and financing conditions remain important for Phnom Penh real estate. |
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