Authored by the expert who managed and guided the team behind the Cambodia Property Pack
Yes, the analysis of Phnom Penh's property market is included in our pack
If you're thinking about buying an apartment in Phnom Penh, you're probably wondering how much it will actually cost you in 2026.
Cambodia's capital has become one of Southeast Asia's most affordable property markets, but prices vary a lot depending on the neighborhood and the type of apartment you're looking for.
We wrote this guide to give you clear, realistic numbers based on the best available data, and we constantly update this blog post as market conditions change.
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 apartment price in Phnom Penh in 2026 sits around $125,000, which is roughly 40% cheaper than comparable units in Bangkok or Ho Chi Minh City.
- BKK1 apartments in Phnom Penh command prices between $2,700 and $4,500 per square meter, making this district about 80% more expensive than the city average.
- With over 80,000 condo units now in Phnom Penh and 20,000 more coming by end of 2026, buyers have significant negotiating power, especially in the high-end segment.
- Cambodia's new Capital Gains Tax starting January 2026 is pushing investors away from quick flips toward rental strategies, which could stabilize resale prices.
- Rental yields in Phnom Penh apartments still range from 6.5% to 8% annually, which is considerably higher than most developed Asian markets.
- The price gap between new-build and resale apartments in Phnom Penh typically ranges from 10% to 25%, with resale often offering better value in a supply-heavy market.
- Annual property tax in Phnom Penh rarely exceeds $200 for most apartments because Cambodia only taxes the value above 100 million riel (roughly $25,000).
- Buyer closing costs in Phnom Penh run between 4.5% and 7.5% of the purchase price, with the 4% transfer tax being the largest single expense.
- Sen Sok and Toul Kork neighborhoods are seeing the fastest price momentum in Phnom Penh in 2026, driven by infrastructure improvements and new mixed-use developments.
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 January 2026, the median apartment price in Phnom Penh is approximately $125,000 (around 502 million KHR or €108,000), while the average price runs slightly higher at about $135,000 (542 million KHR or €116,000) because luxury units pull the numbers up.
When you look at price per square meter, the median in Phnom Penh in 2026 is around $1,850 per square meter ($172 per square foot or 7.4 million KHR per m²), while the average sits closer to $2,050 per square meter ($190 per square foot or 8.2 million KHR per m²), which equals roughly €1,590 and €1,765 per m² respectively.
Most standard apartments in Phnom Penh in 2026 fall within a price range of $70,000 to $250,000 (281 million to 1 billion KHR, or €60,000 to €215,000), with the sweet spot for foreign buyers being $90,000 to $180,000 for a decent one or two-bedroom unit.
How much is a studio apartment in Phnom Penh in 2026?
As of January 2026, a typical studio apartment in Phnom Penh costs around $65,000 to $80,000 (261 to 321 million KHR, or €56,000 to €69,000), though prices vary significantly based on location and building quality.
For entry-level to mid-range studio apartments in Phnom Penh, expect to pay between $45,000 and $95,000 (181 to 382 million KHR, or €39,000 to €82,000), while high-end or luxury studios in prime areas like BKK1 or Tonle Bassac can reach $90,000 to $140,000 (362 to 563 million KHR, or €78,000 to €121,000).
Studio apartments in Phnom Penh typically range from 30 to 45 square meters, with most units in newer buildings averaging around 35 to 40 square meters, which is slightly larger than studio sizes in cities like Hong Kong or Singapore.
How much is a one-bedroom apartment in Phnom Penh in 2026?
As of January 2026, a typical one-bedroom apartment in Phnom Penh costs around $100,000 to $120,000 (402 to 482 million KHR, or €86,000 to €103,000), making it the most popular size for foreign buyers and expat renters.
Entry-level to mid-range one-bedroom apartments in Phnom Penh range from $65,000 to $130,000 (261 to 522 million KHR, or €56,000 to €112,000), while high-end or luxury one-bedrooms in prime districts like BKK1, Tonle Bassac, or Riverside can run from $125,000 to $200,000 (502 to 804 million KHR, or €108,000 to €172,000).
One-bedroom apartments in Phnom Penh typically measure between 45 and 60 square meters, with newer developments often including a small balcony within that footprint.
How much is a two-bedroom apartment in Phnom Penh in 2026?
As of January 2026, a typical two-bedroom apartment in Phnom Penh costs around $150,000 to $180,000 (603 to 724 million KHR, or €129,000 to €155,000), with this size being popular among families and investors seeking higher rental income.
For entry-level to mid-range two-bedroom apartments in Phnom Penh, prices typically fall between $100,000 and $200,000 (402 to 804 million KHR, or €86,000 to €172,000), while high-end or luxury two-bedrooms in prime locations can range from $190,000 to $320,000 (764 million to 1.29 billion KHR, or €164,000 to €276,000).
By the way, you will find much more detailed price ranges for apartments in our property pack covering the property market in Phnom Penh.
How much is a three-bedroom apartment in Phnom Penh in 2026?
As of January 2026, a typical three-bedroom apartment in Phnom Penh costs around $240,000 to $320,000 (965 million to 1.29 billion KHR, or €207,000 to €276,000), though these larger units are less common in the condo segment and often sit in higher-tier buildings.
Entry-level to mid-range three-bedroom apartments in Phnom Penh range from $140,000 to $300,000 (563 million to 1.21 billion KHR, or €121,000 to €259,000), while high-end or luxury three-bedrooms in prime areas can reach $280,000 to $500,000 or more (1.13 to 2.01 billion KHR, or €241,000 to €431,000).
Three-bedroom apartments in Phnom Penh typically measure between 100 and 130 square meters, with some penthouses and luxury units going even larger.
What's the price gap between new and resale apartments in Phnom Penh in 2026?
As of January 2026, new-build apartments in Phnom Penh typically cost 10% to 25% more than comparable resale units, largely because developers include finishing, amenities, and payment plans in their pricing.
The average price per square meter for new-build apartments in Phnom Penh in 2026 is around $2,200 to $2,800 per m² (8.8 to 11.3 million KHR or €1,900 to €2,410 per m²), depending on the district and developer.
For resale apartments in Phnom Penh in 2026, the average price per square meter is closer to $1,700 to $2,300 per m² (6.8 to 9.2 million KHR or €1,465 to €1,980 per m²), with resale stock often competing more aggressively in a supply-heavy market.
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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 January 2026, the typical all-in budget to buy a standard one-bedroom apartment in Phnom Penh is around $107,000 to $132,000 (430 to 531 million KHR, or €92,000 to €114,000), which includes the purchase price plus closing costs and a first-year operating buffer.
Beyond the purchase price, your all-in budget in Phnom Penh should include the 4% transfer tax, legal fees (0.5% to 1.5%), title registration costs, and a practical first-year buffer of $1,500 to $3,500 for HOA fees, utilities, and minor repairs.
We go deeper and try to understand what costs can be avoided or minimized (and how) in our Phnom Penh property pack.
You can also read our dedicated blog article to understand what you can at different budget levels in Phnom Penh.
What down payment is typical to buy in Phnom Penh in 2026?
As of January 2026, most foreign buyers in Phnom Penh purchase apartments with cash, meaning the down payment is effectively 100%, though it's often staged through reservation deposits, progress payments, and final settlement.
For those seeking financing, some Cambodian banks like ABA Bank advertise mortgage products with up to 80% loan-to-value, meaning a minimum down payment of 20%, but in practice, foreigners without local income should expect to put down 30% to 50%.
To secure favorable mortgage terms in Phnom Penh, a down payment of at least 30% is recommended, along with proof of income and sometimes a local business registration or employment contract.
You can also read our latest update about mortgage and interest rates in Cambodia.
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.
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 January 2026, apartment prices per square meter in Phnom Penh range from around $1,200 per m² (4.8 million KHR or €1,035 per m²) in outer districts to $4,500 per m² (18.1 million KHR or €3,880 per m²) in the most exclusive prime areas.
The most affordable neighborhoods for apartments in Phnom Penh in 2026 include Russey Keo, Por Sen Chey, and outer Mean Chey, where prices typically range from $1,200 to $1,800 per m² (4.8 to 7.2 million KHR, or €1,035 to €1,550 per m²).
The most expensive neighborhoods for apartments in Phnom Penh in 2026 are BKK1, BKK2, BKK3, and Tonle Bassac (all within Chamkarmon district), plus parts of Daun Penh near the Riverside, where prices typically range from $2,500 to $4,500 per m² (10.1 to 18.1 million KHR, or €2,155 to €3,880 per m²).
By the way, we've written a blog article detailing what are the current best areas to invest in property in Phnom Penh.
What neighborhoods are best for first-time buyers on a budget in Phnom Penh in 2026?
As of January 2026, the top three neighborhoods for first-time buyers on a budget in Phnom Penh are Sen Sok, Toul Kork, and Chbar Ampov, where you can find decent apartments at below-average prices while still having reasonable access to the city center.
In these budget-friendly neighborhoods in Phnom Penh, typical apartment prices range from $65,000 to $130,000 (261 to 522 million KHR, or €56,000 to €112,000) for a one or two-bedroom unit.
These areas offer good amenities including hospitals, universities, shopping centers, and improving transport links, plus they have active condo markets with newer buildings that appeal to both local and foreign buyers.
The main trade-off of buying in these budget-friendly Phnom Penh neighborhoods is longer commute times to the central business districts and slightly less walkability compared to areas like BKK1 or Riverside.
Which neighborhoods have the fastest-rising apartment prices in Phnom Penh in 2026?
As of January 2026, the three neighborhoods with the fastest-rising apartment prices in Phnom Penh are Chroy Changvar (especially riverside clusters), Sen Sok (growth corridors), and Toul Kork, where infrastructure improvements and new developments are driving demand.
These fast-appreciating neighborhoods in Phnom Penh are seeing estimated year-over-year price increases of around 5% to 10%, which outpaces the city average in a market where many prime areas have remained flat.
The main driver behind the rapid price growth in these Phnom Penh neighborhoods is infrastructure development, including new bridges, expressways, and the opening of mixed-use commercial centers that attract renters and upgrade the residential appeal.
You can also read our latest update about property price forecasts in Phnom Penh.
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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?
The estimated total buyer closing cost for a typical apartment purchase in Phnom Penh is around $4,500 to $9,000 (18.1 to 36.2 million KHR, or €3,880 to €7,760) on a $100,000 property, representing roughly 4.5% to 9% of the price depending on specifics.
The main categories of closing costs buyers must pay in Phnom Penh include the transfer tax (4%), legal and due diligence fees (0.5% to 1.5%), title registration fees, and bank-related costs if you're financing.
The largest closing cost for buyers in Phnom Penh is the 4% transfer tax, which is calculated on the government-assessed value of the property, not necessarily the negotiated purchase price.
Some closing costs in Phnom Penh are negotiable, particularly agent commissions (sometimes paid by the seller or developer) and legal fees, which can vary between firms and transaction complexity.
On average, how much are buyer closing costs as a percentage of the purchase price for an apartment in Phnom Penh?
The typical percentage of the purchase price that buyers should budget for closing costs in Phnom Penh is around 5% to 6%, which covers the transfer tax, legal fees, and administrative expenses without unpleasant surprises.
The realistic low-to-high percentage range for closing costs in Phnom Penh is 4.5% to 7.5%, with the lower end applying when the government-assessed value is significantly below market price and the higher end including bank fees for financed purchases.
We actually cover all these costs and strategies to minimize them in our pack about the real estate market in Phnom Penh.
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.
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 fees (also called management fees or service charges) are common in Phnom Penh condos, and the typical monthly fee in 2026 ranges from $35 to $85 (141,000 to 342,000 KHR, or €30 to €73) for a one-bedroom apartment, depending on building amenities.
The realistic range of HOA fees in Phnom Penh goes from around $0.60 per square meter per month for basic buildings with minimal amenities to $1.50 per square meter per month for luxury buildings with pools, gyms, concierge services, and 24-hour security.
What utilities should I budget monthly in Phnom Penh right now?
The estimated total monthly utility cost for a typical one-bedroom apartment in Phnom Penh is around $60 to $140 (241,000 to 563,000 KHR, or €52 to €121), depending on your air conditioning usage and lifestyle.
The realistic range of monthly utility costs in Phnom Penh goes from $50 for a small, efficiently used apartment to $200 or more for larger units with heavy air conditioning use during hot months.
The specific utilities included in a typical Phnom Penh monthly budget are electricity, water, internet, and sometimes cooking gas, with electricity being by far the largest variable expense.
Electricity tends to be the most expensive utility for apartment owners in Phnom Penh, with rates around $0.15 per kWh making air conditioning the main cost driver, especially from March to May when temperatures peak.
How much is property tax on apartments in Phnom Penh?
The estimated typical annual property tax for an apartment in Phnom Penh is around $50 to $200 (201,000 to 804,000 KHR, or €43 to €172), which is quite low compared to most countries because Cambodia only taxes property value above a certain threshold.
Property tax in Cambodia is calculated at 0.1% annually on the value above 100 million riel (approximately $25,000), meaning the first $25,000 of your property's assessed value is effectively tax-free.
The realistic range of annual property tax in Phnom Penh depends on your property's assessed value: a $100,000 apartment might pay around $75 per year, while a $250,000 apartment might pay around $225 per year.
If you want to go into more details, we also have a blog article detailing all the property taxes and fees in Phnom Penh.
What's the yearly building maintenance cost in Phnom Penh?
The estimated typical yearly building maintenance cost for apartment owners in Phnom Penh is around $600 to $1,600 (2.4 to 6.4 million KHR, or €517 to €1,380) for a one or two-bedroom unit, which primarily consists of HOA fees.
The realistic range of yearly maintenance costs in Phnom Penh goes from $500 for older or basic buildings with minimal services to $2,800 or more for premium developments with extensive amenities and higher staffing levels.
Expenses typically included in building maintenance costs in Phnom Penh cover common area cleaning, security, lift maintenance, pool and gym upkeep, landscaping, and contributions to a sinking fund for major repairs.
In most Phnom Penh condos, building maintenance costs are included within your monthly HOA fees, though some buildings may levy occasional special assessments for major repairs like elevator replacement or facade work.
How much does home insurance cost in Phnom Penh?
The estimated typical annual home insurance cost for an apartment in Phnom Penh is around $150 to $350 (603,000 to 1.4 million KHR, or €129 to €302), covering contents and personal liability for most owner-occupiers.
The realistic range of annual home insurance costs in Phnom Penh goes from $100 for basic contents coverage to $450 or more for comprehensive policies with higher coverage limits, lower deductibles, or additional riders required by mortgage lenders.
Home insurance is generally optional for apartment owners in Phnom Penh, though buildings typically have their own structural insurance, and banks will require coverage if you have a mortgage.
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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 it's authoritative | How we used it |
|---|---|---|
| National Bank of Cambodia | Cambodia's central bank publishing official reference exchange rates. | We used it to convert all prices between KHR and USD accurately. We also cited it to explain why most Phnom Penh condo pricing is quoted in USD. |
| General Department of Taxation Cambodia | The official Cambodian tax authority administering property taxes. | We used it to ground the tax section in government materials. We also verified which ministry defines the transfer tax base. |
| GDT Cambodia FAQ | Official FAQ explaining how the transfer tax base is determined. | We used it to avoid relying on hearsay about transfer tax calculations. We explained why assessed values can differ from market prices. |
| Prakas No. 371 via Open Development Mekong | Republishes official legal text on property tax rates and thresholds. | We used it to state the 0.1% property tax rate and threshold accurately. We translated the rule into practical annual cost examples. |
| World Bank Cambodia Macro Poverty Outlook | Top-tier international institution with transparent economic methodology. | We used it to frame early 2026 economic conditions without relying on opinions. We used it only for macro context, not price claims. |
| Knight Frank Cambodia Research | Major global real estate consultancy with consistent market reporting. | We used it to understand Phnom Penh condo supply and demand dynamics. We cross-checked pricing direction against other sources. |
| Global Property Guide | International property research publisher citing named sources like CBRE. | We used it to anchor high-end Phnom Penh condo prices from CBRE data. We scaled estimates by segment and neighborhood from this anchor. |
| Knight Frank Cambodia Tax Guide | Major firm's consumer guide consistent with government tax structure. | We used it to cross-check the 4% transfer tax that buyers actually pay. We kept explanations simple while staying accurate. |
| DFDL Legal Updates | Long-established regional law firm referencing specific MEF instruments. | We used it to validate that Cambodia's property tax framework is actively administered. We kept the tax section cautious where rules may change. |
| ABA Bank Cambodia | Leading Cambodian bank with published mortgage product information. | We used it to ground what financing up to 80% can look like locally. We informed down payment discussions even though most foreigners buy cash. |
| BRED Bank Cambodia | Regulated bank's official home loan documentation. | We used it to confirm apartments are standard collateral in Cambodian banking. We used it for qualitative support, not universal LTV claims. |
| PPWSA (Phnom Penh Water Supply Authority) | The city's official water utility with published reports. | We used it to confirm Phnom Penh water is metered and centrally managed. We grounded utility budgeting in real local providers. |
| GlobalPetrolPrices | International comparator with dated collection and consistent methodology. | We used it to produce a confident per-kWh electricity cost assumption. We translated this into realistic monthly USD ranges. |
| Forte Insurance Cambodia | Established local insurer offering property coverage. | We used it to confirm insurance is available from reputable providers. We gave conservative ranges consistent with typical contents policies. |
| Realestate.com.kh | Major Cambodian property portal with live listing data. | We used it to validate median prices and popular neighborhoods. We checked typical apartment sizes and bedroom distributions. |
| FazWaz Cambodia | Property portal with median price statistics by size category. | We used it to cross-reference median condo prices and per-m² rates. We validated price ranges across bedroom types. |
| Cambodia Property Asia | Local market analysis platform tracking condo supply and yields. | We used it to understand total condo stock and vacancy trends. We contextualized pricing within the supply-heavy market narrative. |
| IPS Cambodia | Real estate agency with detailed new development listings. | We used it to understand developer pricing and handover timelines. We noted starting prices for specific 2025-2026 projects. |
| Khmer24 | Popular Cambodian classifieds site with current condo listings. | We used it to validate real asking prices across districts. We checked listing details for size and condition benchmarks. |
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Cambodia. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.
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