As of June 2026, a standard apartment in Phnom Penh usually costs about KHR 463 million to KHR 684 million, or US$115,000 to US$170,000, or about €99,000 to €146,000, with cheaper condos in Sen Sok, Chroy Changvar and Mean Chey and much higher prices in BKK1, Tonle Bassac and Koh Pich.
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We constantly update this blog post because the apartment market in Phnom Penh is moving from speculative growth to more selective, price-sensitive buying.
In June 2026, the most useful number to remember is that a normal Phnom Penh apartment is often around US$1,800 per m², but the building and neighborhood matter a lot.
For foreign buyers, the real cost is not only the purchase price, because financing access, tax, legal checks, management fees and resale liquidity can change the final budget.
And if you’re planning to buy a property in Phnom Penh, you may want to download our pack covering the real estate market in Phnom Penh.
Insights
- The average apartment price in Phnom Penh in 2026 is not a clean official number, so the most honest estimate comes from triangulating market reports, bank data and listings.
- Phnom Penh apartments are still usually priced in US dollars, but we also show Cambodian riel and euro equivalents to make the total budget easier to understand.
- A normal Phnom Penh condo sits around US$1,650 to US$1,850 per m² in 2026, while good BKK1 and Tonle Bassac units can pass US$3,000 per m².
- For foreigners, the easiest legal route is usually a strata-title condo above the ground floor, not a normal land-linked apartment building.
- The cheapest Phnom Penh apartment is not always the best buy, because weak building management can hurt rent, resale value and daily comfort.
- Chroy Changvar, Sen Sok and Mean Chey look affordable, but buyers should check occupancy, traffic, bridge access and future supply before making an offer.
- Foreign buyers should not assume that 20% down is enough, because some Cambodian banks restrict housing loans to Cambodian nationals or joint applicants with a Cambodian spouse.
- The 4% transfer tax is usually the largest closing cost in Phnom Penh, even though some developers advertise incentives or “free transfer” deals.
- Phnom Penh apartment prices in 2026 are more negotiable than headline listings suggest, especially in investor-heavy buildings with many similar units for sale.
How much do apartments really cost in Phnom Penh in 2026?
What's the average and median apartment price in Phnom Penh in 2026?
As of June 2026, the estimated median apartment price in Phnom Penh is about KHR 463 million to KHR 523 million, or US$115,000 to US$130,000, or about €99,000 to €112,000, while the estimated average apartment price in Phnom Penh is about KHR 604 million to KHR 684 million, or US$150,000 to US$170,000, or about €129,000 to €146,000.
That means the estimated median apartment price per square meter in Phnom Penh in 2026 is about KHR 6.6 million to KHR 7.4 million, or US$1,650 to US$1,850, or about €1,420 to €1,590, which is about KHR 615,000 to KHR 690,000 per sq ft, or US$153 to US$172, or about €132 to €148.
For most standard apartments in Phnom Penh in 2026, a realistic purchase range is about KHR 282 million to KHR 886 million, or US$70,000 to US$220,000, or about €60,000 to €189,000, with small outer-city units below that and prime central units well above it.
Sources and methodology: we compared Knight Frank, Global Property Guide and Realestate.com.kh.
We checked live asking prices on Harbor Property and adjusted for negotiation and stale listings.
We also used our own Phnom Penh apartment benchmarks to avoid relying on one portal or one report.
How much is a studio apartment in Phnom Penh in 2026?
As of June 2026, a typical studio apartment in Phnom Penh costs about KHR 221 million to KHR 342 million, or US$55,000 to US$85,000, or about €47,000 to €73,000.
Entry-level to mid-range studios in Phnom Penh are usually about KHR 181 million to KHR 282 million, or US$45,000 to US$70,000, or about €39,000 to €60,000, while high-end studios in BKK1, Tonle Bassac and near Aeon Mall 1 are more often KHR 302 million to KHR 443 million, or US$75,000 to US$110,000, or about €64,000 to €95,000.
Most studio apartments in Phnom Penh are about 30 to 45 m², so a cheap-looking studio can still be expensive per m² if it is in a premium central condo.
Sources and methodology: we compared Harbor Property, IPS Cambodia and Realestate.com.kh.
We separated small central studios from cheaper outer-city stock because the buyer profile is different.
We also checked our own unit-size and price-per-m² ranges for Phnom Penh condos.
How much is a one-bedroom apartment in Phnom Penh in 2026?
As of June 2026, a typical one-bedroom apartment in Phnom Penh costs about KHR 282 million to KHR 483 million, or US$70,000 to US$120,000, or about €60,000 to €103,000.
Entry-level to mid-range one-bedroom apartments in Phnom Penh are often about KHR 221 million to KHR 443 million, or US$55,000 to US$110,000, or about €47,000 to €95,000, while high-end one-bedrooms in BKK1, Tonle Bassac, BKK3 and stronger Toul Kork projects can reach KHR 483 million to KHR 644 million, or US$120,000 to US$160,000, or about €103,000 to €137,000.
Most one-bedroom apartments in Phnom Penh are about 40 to 60 m², which makes the one-bedroom condo market the deepest and easiest segment for many foreign buyers to compare.
Sources and methodology: we used Knight Frank, PropertyHub and Harbor Property.
We treated one-bedroom listings as the main benchmark because this segment has the most visible resale evidence.
We also adjusted for district, floor level, building age and project management quality.
How much is a two-bedroom apartment in Phnom Penh in 2026?
As of June 2026, a typical two-bedroom apartment in Phnom Penh costs about KHR 483 million to KHR 886 million, or US$120,000 to US$220,000, or about €103,000 to €189,000.
Entry-level to mid-range two-bedroom apartments in Phnom Penh usually cost about KHR 383 million to KHR 765 million, or US$95,000 to US$190,000, or about €82,000 to €163,000, while high-end two-bedrooms in BKK1, Tonle Bassac, Koh Pich and prime riverside stock can cost KHR 886 million to KHR 1.41 billion, or US$220,000 to US$350,000, or about €189,000 to €301,000.
By the way, you will find much more detailed price ranges for apartments in our property pack covering the property market in Phnom Penh.
Sources and methodology: we compared IPS Cambodia, Global Property Guide and Harbor Property.
We used 65 to 95 m² as the normal two-bedroom size range in Phnom Penh.
We also marked down weak resale buildings because many similar investor-owned units compete with each other.
How much is a three-bedroom apartment in Phnom Penh in 2026?
As of June 2026, a typical three-bedroom apartment in Phnom Penh costs about KHR 765 million to KHR 1.53 billion, or US$190,000 to US$380,000, or about €163,000 to €327,000.
Entry-level to mid-range three-bedroom apartments in Phnom Penh are usually about KHR 564 million to KHR 1.05 billion, or US$140,000 to US$260,000, or about €120,000 to €223,000, while high-end three-bedrooms in BKK1, Tonle Bassac, Koh Pich, Daun Penh edges and premium Toul Kork can go above KHR 1.61 billion, or US$400,000, or about €344,000.
Most three-bedroom apartments in Phnom Penh are about 90 to 140 m², which makes this segment useful for families but less liquid than one-bedroom and two-bedroom condos.
Sources and methodology: we used Knight Frank, Realestate.com.kh land-price reporting and Harbor Property.
We treated three-bedroom prices carefully because fewer buyers want large condo units in Phnom Penh.
We also checked whether the building appeals to families, not only investors.
What's the price gap between new and resale apartments in Phnom Penh in 2026?
As of June 2026, new-build apartments in Phnom Penh usually cost about 15% to 30% more than comparable resale apartments, although the gap is smaller in the best-managed prime buildings.
For new-build apartments in Phnom Penh in 2026, a realistic average is about KHR 6.8 million to KHR 8.9 million per m², or US$1,700 to US$2,200 per m², or about €1,460 to €1,890 per m².
For resale apartments in Phnom Penh in 2026, a realistic average is about KHR 5.6 million to KHR 7.2 million per m², or US$1,400 to US$1,800 per m², or about €1,200 to €1,550 per m².
Sources and methodology: we compared Knight Frank, PropertyHub and Global Property Guide.
We separated developer launch prices from resale asking prices because Phnom Penh sellers often resist price cuts.
We also adjusted for buyer incentives, transfer deals, furniture packages and likely negotiation.
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Can I afford to buy in Phnom Penh in 2026?
What's the typical total budget (all-in) to buy an apartment in Phnom Penh in 2026?
As of June 2026, a standard all-in budget to buy an apartment in Phnom Penh is about KHR 520 million to KHR 870 million, or US$129,000 to US$216,000, or about €111,000 to €186,000, for a practical mid-market two-bedroom purchase.
This all-in budget usually includes the apartment price, stamp duty, legal due diligence, registration costs, bank fees if financed, first management payments, basic furnishing and a small buffer for unexpected costs in Phnom Penh.
We go deeper and try to understand what costs can be avoided or minimized (and how) in our Phnom Penh property pack.
Sources and methodology: we used GDT Cambodia, Knight Frank’s tax guide and ABA Bank.
We added realistic buyer costs from Phnom Penh market guides and mortgage fee comparisons.
We also used our own deal-level budget checks to avoid quoting only the purchase price.
What down payment is typical to buy in Phnom Penh in 2026?
As of June 2026, a typical down payment to buy an apartment in Phnom Penh is about 20% to 30% for a strong Cambodian borrower, or about KHR 97 million to KHR 193 million, US$24,000 to US$48,000, or about €21,000 to €41,000 on a US$120,000 to US$160,000 apartment.
The minimum down payment that most banks or lenders advertise in Phnom Penh is often around 20%, because several products show financing of up to 80% of the property value.
For a foreign buyer in Phnom Penh, a safer recommended down payment is 30% to 50%, because some banks limit ordinary housing loans to Cambodian nationals or foreigners applying with a Cambodian spouse.
Sources and methodology: we compared ABA Bank, Maybank Cambodia and PropertyHub mortgage rates.
We treated advertised 80% financing as a local-bank benchmark, not a promise for every foreign buyer.
We also checked comparison data from CambodiaChoice to test the market range.
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Which neighborhoods are cheapest or priciest in Phnom Penh in 2026?
How much does the price per m² for apartments vary by neighborhood in Phnom Penh in 2026?
As of June 2026, apartment prices in Phnom Penh vary from about KHR 3.8 million to KHR 12.9 million per m², or US$950 to US$3,200 per m², or about €820 to €2,750 per m², depending mainly on neighborhood, building quality and title clarity.
The most affordable apartment neighborhoods in Phnom Penh are usually Chbar Ampov, Mean Chey, Chak Angrae Leu, Sen Sok and parts of Chroy Changvar, where typical prices are about KHR 3.8 million to KHR 6.8 million per m², or US$950 to US$1,700 per m², or about €820 to €1,460 per m².
The most expensive apartment neighborhoods in Phnom Penh are usually Tonle Bassac, BKK1, Koh Pich, Daun Penh and the best parts of BKK3, where typical prices are about KHR 8.0 million to KHR 12.9 million per m², or US$2,000 to US$3,200 per m², or about €1,720 to €2,750 per m².
Sources and methodology: we compared Realestate.com.kh land-price reporting, Knight Frank and Harbor Property.
We used land prices only as a location-pressure signal, not as a direct condo price.
We also checked actual condo listings by district to keep the ranges practical.
What neighborhoods are best for first-time buyers on a budget in Phnom Penh in 2026?
As of June 2026, the top three Phnom Penh neighborhoods for first-time buyers on a budget are Chroy Changvar, Sen Sok and Mean Chey or Chak Angrae Leu, because all three offer lower entry prices than the inner expat belt.
In these budget-friendly Phnom Penh neighborhoods, a realistic apartment price range is about KHR 201 million to KHR 523 million, or US$50,000 to US$130,000, or about €43,000 to €112,000.
Chroy Changvar offers river views and bridge-linked growth, Sen Sok offers malls and schools, and Mean Chey or Chak Angrae Leu offers cheaper access to the southern growth corridor.
The main trade-off is that budget-friendly Phnom Penh neighborhoods can have more future supply, longer travel times and weaker foreign-tenant depth than BKK1 or Tonle Bassac.
Sources and methodology: we used IPS Cambodia, Realestate.com.kh and Harbor Property.
We focused on neighborhoods where real units still exist below US$130,000.
We also looked for areas with amenities, not only low asking prices.
Which neighborhoods have the fastest-rising apartment prices in Phnom Penh in 2026?
As of June 2026, the three Phnom Penh neighborhoods with the strongest recent apartment price momentum are Chroy Changvar, Mean Chey or Chak Angrae Leu, and Sen Sok.
Estimated year-over-year price growth in these fast-moving Phnom Penh neighborhoods is about 3% to 8% for Chroy Changvar, 3% to 8% for Mean Chey or Chak Angrae Leu, and 2% to 6% for Sen Sok.
The main driver is the same in all three areas: better roads, bridges, malls, schools and lower starting prices are pulling buyers away from expensive central Phnom Penh districts.
Sources and methodology: we compared CVEA-linked land-price reporting, APS market reporting and Knight Frank.
We treated rising land values as a clue, not a guaranteed apartment-price forecast.
We also checked current listings because fast growth can hide oversupply risk.
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What extra costs will I pay on top of the apartment price in Phnom Penh in 2026?
What are all the buyer closing costs when you buy an apartment in Phnom Penh?
For a typical apartment purchase in Phnom Penh, buyer closing costs are usually about KHR 24 million to KHR 41 million, or US$6,000 to US$10,000, or about €5,200 to €8,600, on a US$120,000 apartment.
The main buyer closing costs in Phnom Penh are transfer tax, legal due diligence, registration or administrative costs, bank processing costs if financed, valuation fees, translation fees and first condo management payments.
The largest closing cost in Phnom Penh is usually the 4% stamp duty or transfer tax, unless the developer clearly pays it or a valid incentive applies.
Some closing costs can vary or be negotiated, especially agent fees, developer incentives, furniture packages, legal scope, bank processing fees and who pays the transfer-related costs.
Sources and methodology: we used GDT Cambodia, Knight Frank’s property tax guide and Deloitte tax@hand.
We cross-checked tax incentives and implementation notes with KPMG Cambodia.
We added normal Phnom Penh legal, bank and setup costs from buyer-side market checks.
On average, how much are buyer closing costs as a percentage of the purchase price for an apartment in Phnom Penh?
For a standard apartment in Phnom Penh, buyers should usually budget about 5% to 7% of the purchase price for closing costs before furnishing.
The realistic low-to-high range is about 3% to 8%, with the lower end more likely when a developer covers transfer costs and the higher end more likely when the buyer uses a mortgage and pays full due diligence costs.
We actually cover all these costs and strategies to minimize them in our pack about the real estate market in Phnom Penh.
Sources and methodology: we used GDT Cambodia, ABA Bank and PropertyHub mortgage data.
We used the 4% transfer-tax benchmark as the main cost anchor.
We then added realistic legal, bank, valuation and setup costs seen in Phnom Penh transactions.
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What are the ongoing monthly and yearly costs of an apartment in Phnom Penh in 2026?
What are typical HOA fees in Phnom Penh right now?
HOA or condo management fees are common in Phnom Penh condos, and a typical apartment owner should budget about KHR 130,000 to KHR 362,000 per month, or US$32 to US$90, or about €28 to €77, for a normal 40 to 60 m² unit.
A realistic HOA fee range in Phnom Penh is about KHR 3,200 to KHR 6,000 per m² per month, or US$0.80 to US$1.50, or about €0.70 to €1.30, in normal buildings, and about KHR 6,000 to KHR 10,000 per m² per month, or US$1.50 to US$2.50, or about €1.30 to €2.15, in higher-end buildings.
Sources and methodology: we compared Realestate.com.kh buyer-cost guidance, IPS Cambodia and live condo listing disclosures.
We converted per-m² fees into monthly budgets for common Phnom Penh unit sizes.
We also adjusted for premium buildings where pools, gyms, security and lifts raise costs.
What utilities should I budget monthly in Phnom Penh right now?
For a typical apartment in Phnom Penh, a practical monthly utility budget is about KHR 322,000 to KHR 724,000, or US$80 to US$180, or about €69 to €155.
The realistic monthly utility range in Phnom Penh is about KHR 201,000 to KHR 1.01 million, or US$50 to US$250, or about €43 to €215, depending mainly on apartment size, air-conditioning use and whether the building charges direct or landlord-marked-up electricity.
This monthly budget usually includes electricity, water, internet, gas and small services such as cleaning supplies or shared minor building charges.
Electricity is usually the most expensive utility for Phnom Penh apartment owners because air-conditioning can dominate the bill during hot months.
Sources and methodology: we used Electricité du Cambodge, Phnom Penh Water Supply Authority and GlobalPetrolPrices electricity data.
We adjusted official utility references for real condo usage in Phnom Penh.
We also considered that some landlords or condo operators charge higher electricity rates than direct EDC billing.
How much is property tax on apartments in Phnom Penh?
For a normal apartment in Phnom Penh, annual property tax is often about KHR 280,000 to KHR 483,000, or US$70 to US$120, or about €60 to €103, for a unit around US$120,000.
Cambodia’s annual Tax on Immovable Property is generally calculated at 0.1% on the taxable value above the KHR 100 million threshold, based on the government valuation method.
For Phnom Penh apartments, a realistic annual property-tax range is about KHR 201,000 to KHR 1.13 million, or US$50 to US$280, or about €43 to €241, depending on the assessed value and the official calculation.
Sources and methodology: we used GDT Cambodia, Knight Frank’s property tax guide and KPMG Cambodia.
We used the 0.1% annual property-tax rule as the main calculation base.
We kept the final tax estimate conservative because official assessed values may differ from market prices.
What's the yearly building maintenance cost in Phnom Penh?
For a standard apartment owner in Phnom Penh, yearly building maintenance usually costs about KHR 2.4 million to KHR 4.8 million, or US$600 to US$1,200, or about €516 to €1,031, for a normal 60 m² unit.
The realistic range is about KHR 1.5 million to KHR 12.1 million per year, or US$370 to US$3,000, or about €318 to €2,578, depending on building age, unit size, amenities and whether special repairs are needed.
Building maintenance in Phnom Penh usually covers lift service, security, cleaning, pool and gym upkeep, common electricity, shared water, landscaping and sometimes sinking-fund contributions.
In most Phnom Penh condos, routine building maintenance is included in the HOA fee, but special repairs or reserve calls can be charged separately.
Sources and methodology: we used Realestate.com.kh cost guidance, IPS Cambodia and live project fee disclosures.
We converted monthly per-m² management fees into yearly owner costs.
We also added a buffer because Phnom Penh buildings can have uneven reserve-fund discipline.
How much does home insurance cost in Phnom Penh?
For an apartment in Phnom Penh, typical annual home insurance costs about KHR 402,000 to KHR 1.41 million, or US$100 to US$350, or about €86 to €301.
A realistic annual insurance range is about KHR 402,000 to KHR 2.82 million, or US$100 to US$700, or about €86 to €602, depending on contents value, liability cover, water-damage cover and whether the apartment is rented out.
Home insurance is usually optional for apartment owners in Phnom Penh, but banks may require some insurance if the apartment is financed.
Sources and methodology: we used Cambodia insurance market quote ranges, ABA Bank mortgage requirements and Phnom Penh condo ownership cost checks.
We separated contents insurance from building-shell insurance because condo management may cover some shared structures.
We also allowed higher costs for rented apartments where liability and water-damage risk matter more.
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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 | Why we trust it | How we used it |
|---|---|---|
| Knight Frank Cambodia Real Estate Highlights H2 2025 | Knight Frank is an established real estate research firm active in Cambodia. | We used it to anchor the 2025 Phnom Penh condo correction and supply shift. We also used its district commentary for BKK, Chamkarmon, Sen Sok and serviced-apartment demand. |
| IPS Cambodia Q1 2026 condo market overview | IPS is a long-running Phnom Penh agency with current market-facing evidence. | We used it to check whether 2026 buyer behavior looked more rational. We treated it as private-sector color, not as an official price index. |
| Global Property Guide Cambodia price history | Global Property Guide aggregates property data and cites institutional market sources. | We used it to cross-check CBRE-linked figures and price direction. We used it for broad direction, not street-level pricing. |
| PropertyHub Phnom Penh condo market 2026 | PropertyHub tracks active Cambodian condo supply, demand and mortgage conditions. | We used it to check 2026 supply, price and buyer-demand commentary. We treated quoted CBRE and APS figures as secondary market evidence. |
| Realestate.com.kh Cambodia condo market outlook Q1 2026 | Realestate.com.kh is Cambodia’s largest property portal. | We used it to understand current condo-market sentiment and project launches. We treated portal evidence carefully because asking prices are not final sale prices. |
| Realestate.com.kh Phnom Penh land prices H2 2025 | It reports CVEA district data, one of Cambodia’s recurring valuation references. | We used it to triangulate which districts are structurally expensive or improving. We did not convert land prices directly into apartment prices. |
| Realestate.com.kh Cambodian property costs guide | The portal publishes buyer-cost guidance tied to local market practice. | We used it to cross-check buyer costs and common ownership expenses. We also compared its market-cost language with bank and tax sources. |
| Harbor Property Phnom Penh condo listings | Harbor is a large listing platform with visible unit prices and locations. | We used live listings to sanity-check unit-level prices by neighborhood. We adjusted down for negotiation and stale listing risk. |
| General Department of Taxation Prakas page | GDT is Cambodia’s official tax authority. | We used it as the legal base for stamp duty and property-tax references. We used secondary explanations only where English detail was clearer elsewhere. |
| Knight Frank property tax guide | It explains Cambodian property tax in practical buyer language. | We used it to express transfer tax and annual property tax clearly. We cross-checked its figures against GDT material. |
| Deloitte tax@hand stamp-tax update | Deloitte summarizes tax changes for professional users. | We used it to understand the 2024 stamp-tax implementation guidance. We used it as a secondary explanation beside official GDT sources. |
| KPMG Cambodia real estate tax update | KPMG tracks Cambodian tax reliefs and real estate measures. | We used it to cross-check real estate tax exemptions and reliefs. We treated incentives as contract-specific, not automatic for every purchase. |
| ABA Bank mortgage loan page | ABA is a major Cambodian commercial bank with published mortgage terms. | We used it to benchmark 80% financing, 25-year tenor and advertised rates. We did not assume every foreign buyer qualifies. |
| Maybank Cambodia housing loan page | Maybank clearly states eligibility limits for housing loans. | We used it to show that foreign financing is not always simple. We used this to set a conservative down-payment assumption for foreigners. |
| PropertyHub Cambodia mortgage rates May 2026 | PropertyHub compares mortgage offers from many Cambodian banks. | We used it to estimate down payments, first-year rates and processing fees. We treated it as a comparison tool, not a binding bank offer. |
| CambodiaChoice home-loan comparison | It compares Cambodian home-loan products across banks. | We used it to test whether mortgage-rate ranges were consistent. We used it only as a secondary comparison source. |
| World Bank Cambodia Economic Update June 2026 | The World Bank is a major multilateral source for Cambodia macro data. | We used it to frame the June 2026 buying environment. We linked weak credit and construction pressure to stronger buyer negotiating power. |
| National Bank of Cambodia exchange rates | NBC publishes official daily exchange rates for Cambodia. | We used it to convert US dollar prices into Cambodian riel and euro. We rounded all conversions to keep the article easy to read. |
| Electricité du Cambodge | EDC is Cambodia’s official electricity provider. | We used it as the official utility reference for electricity. We then adjusted for real condo air-conditioning use in Phnom Penh. |
| Phnom Penh Water Supply Authority | PPWSA is Phnom Penh’s official water utility. | We used it as the official water-service reference for Phnom Penh. We kept water costs modest because electricity is usually the larger bill. |
| Open Development Cambodia PPWSA water subscription record | ODC republishes Cambodia legal and public-service documents. | We used it to support the water-connection and fee context. We used PPWSA itself as the primary utility source. |
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