Buying real estate in Siem Reap?

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9 statistics for the Siem Reap real estate market in 2025

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Authored by the expert who managed and guided the team behind the Cambodia Property Pack

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What do the latest numbers reveal about Siem Reap’s real estate market? Are property prices on the rise, or are they stabilizing? Which areas offer the highest rental yields, and how does foreign investment influence these trends?

We’re constantly asked these questions because we’re deeply involved in this market. Through our work with developers, real estate agents, and clients who invest in Siem Reap, we’ve gained firsthand insights into these trends. Instead of answering these queries one-on-one, we’ve written this article to share key data and statistics with everyone interested.

Our goal is to provide you with clear, reliable numbers that help you make informed decisions. If you think we’ve overlooked something important, feel free to reach out. Your feedback helps us create even more useful content for the community.

How this content was created 🔎📝

At BambooRoutes, we study the Siem Reap real estate market every day. Our team doesn't just analyze data from a distance—we're actively engaging with local realtors, investors, and property managers throughout the place. This hands-on approach allows us to gain a deep understanding of the market from the inside out.

When working on this content, we started by gathering insights from these conversations and our own observations. But we didn’t stop there. To make sure our statistics and data are reliable, we also dug into trusted sources like Khmer Times, Compass, and Dabest Properties (among many others).

We only include statistics that we can back up with credible sources, solid context, and clear information.

If we can’t find enough supporting data or context, we leave them out. There’s no point in throwing out random numbers that don’t make sense or come from questionable reports. Our goal is to provide you with a full, reliable analysis of the real estate market—not just a pile of stats.

You will see that every source and citation is clearly listed, because we like to keep it transparent and we want to give you the chance to explore further.

We also use a bit of AI, but only during the writing phase. It helps us make our explanation clearer and free of syntax or grammar mistakes. We believe you prefer it this way, right?

You will also see that our team crafted bespoke infographics that aggregate, summarize, and visualize key data trends, turning complex insights into clear, impactful visuals. We hope you will like them! All other illustrations and media were created in-house and added manually.

If you think we could have done anything better, please let us know. You can always send a message. We answer in less than 24 hours.

1) Siem Reap's residential property prices rose by 5-7% in 2024 due to strong tourism demand

In 2024, residential property prices in Siem Reap increased by 5-7%, driven by a surge in tourism.

The new Siem Reap-Angkor International Airport was a game-changer, serving over 1.3 million passengers and boosting local tourism. Events like the Angkor Marathon and the Water Festival also drew in crowds, injecting vitality into the local economy and spiking demand for places to stay and invest.

Siem Reap's real estate market thrived on infrastructure upgrades and lower property prices compared to pre-pandemic times. This created a sweet spot for strategic investments, as noted by Expat Life Cambodia, with the post-pandemic recovery showing rental growth.

Despite an oversupply of properties, the market was buzzing with rental activity. This shift indicates a rebound in market confidence, with high-budget individuals actively seeking rental properties, as highlighted by IPS Cambodia.

Sources: Hunter Estate, Expat Life Cambodia, IPS Cambodia

2) In 2024, residential land in Siem Reap cost $100 to $150 per square meter

The average price per square meter for residential land in Siem Reap in 2024 ranged from $100 to $150.

Tourism recovery has been a major driver of this trend. Since 2023, Siem Reap has seen a surge in visitors, thanks to the new Siem Reap-Angkor International Airport and popular events like the Angkor Marathon and Water Festival. This influx of tourists has increased demand for accommodations and commercial spaces, pushing land prices up as investors look to tap into the growing hospitality and retail sectors.

Infrastructure improvements have also played a significant role. Areas with upgraded infrastructure, especially those near major routes or tourist attractions, have become more appealing for investment. This has led to variations in land prices, with some areas commanding higher prices due to their potential for long-term returns.

Investors are particularly interested in locations with easy access to tourist hotspots. These areas are seen as prime opportunities for developing hotels, restaurants, and shops, which are in high demand due to the steady increase in tourist numbers.

Moreover, the local government's efforts to enhance public services and amenities have made certain neighborhoods more desirable. This has contributed to the overall increase in land prices, as buyers are willing to pay a premium for properties in well-serviced areas.

While specific price ranges weren't explicitly mentioned, these factors suggest why land prices could have averaged between $100 and $150 per square meter in 2024.

Sources: Hunter Estate, Realestate.com.kh

infographics map property prices Siem Reap

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.

3) Rental yields for residential properties in Siem Reap ranged from 6% to 9% in 2024

In 2024, rental yields for residential properties in Siem Reap were between 6-9%.

The city saw a significant recovery in tourism with 5.43 million international visitors in 2023, a whopping 139.5% increase from the previous year. This influx of tourists created a higher demand for short-term rentals, which naturally boosted occupancy rates and rental yields.

Infrastructure improvements played a big role too. The opening of the new Siem Reap-Angkor International Airport and better roads and drainage systems enhanced the area's connectivity and living conditions. These upgrades made Siem Reap more appealing to both tourists and investors, further driving up rental yields.

Siem Reap's property market became even more attractive due to its affordable property prices combined with high rental yields. Emerging neighborhoods like Sangkat Svay Dankum, Sangkat Sala Kamruek, and Sangkat Sla Kram saw a rise in demand for suburban houses.

These areas are becoming hotspots for investment, offering a blend of suburban charm and urban convenience. The growing interest in these neighborhoods is a testament to their potential for future growth.

Investors are drawn to Siem Reap not just for its cultural allure but also for its promising real estate prospects. The city's blend of tradition and modernity makes it a unique place to invest.

Sources: Realestate.com.kh, Hunter Estate

4) Second-hand villas in Siem Reap sold for $200,000 to $300,000 in 2024

In 2024, second-hand villas in Siem Reap were sold for $200,000 to $300,000.

Siem Reap's real estate market is quite dynamic, with the median villa price at $225,000, as reported by Realestate.com.kh. This means some villas are priced lower, while others can go much higher, ranging from $132,500 to $550,000. So, it's not surprising that second-hand villas fit snugly within the $200,000 to $300,000 bracket.

Tourism and infrastructure improvements have played a big role in shaping the market. The opening of the new Siem Reap-Angkor International Airport has been a game-changer, boosting demand for properties. This surge in interest has likely nudged the prices of second-hand villas upward.

The rental market also saw a 5% growth in 2024, fueled by long-term tourists. This uptick in rentals might have indirectly influenced the sale prices of villas, as more people considered buying rather than renting.

With these factors in play, the real estate scene in Siem Reap is vibrant and evolving. The combination of tourism, infrastructure, and rental market dynamics creates a fertile ground for property investments.

For potential buyers, understanding these elements can provide a clearer picture of why second-hand villas are priced as they are. The market's variability offers opportunities for both investment and personal use.

Sources: Realestate.com.kh, Hunter Estate, IPS Cambodia

5) Short-term rental properties in Siem Reap reached 85% occupancy rates in 2024

In 2024, properties in Siem Reap marketed for short-term rentals boasted an impressive 85% occupancy rate.

Siem Reap has become a magnet for tourists worldwide, thanks to its rich cultural heritage and iconic sites like Angkor Wat. Visitors are increasingly choosing short-term rentals for their flexibility and comfort, which traditional hotels often lack.

Platforms such as Airbnb and Vrbo have revolutionized the market by allowing property owners to reach a global audience effortlessly. This increased visibility has made short-term rentals a popular choice for travelers seeking convenience and affordability.

These platforms have not only expanded the reach of property listings but have also enhanced their appeal, contributing to the higher occupancy rates seen in Siem Reap. Travelers are drawn to the unique experiences and personalized stays that these rentals offer.

Moreover, the competitive pricing of short-term rentals compared to hotels has made them an attractive option for budget-conscious tourists. This trend is evident in the growing preference for alternative accommodations among visitors to Siem Reap.

As a result, property owners in Siem Reap are capitalizing on this demand, ensuring their listings are optimized and appealing to potential guests. The combination of cultural allure and modern convenience has made Siem Reap a hotspot for short-term rental success.

Sources: AirDNA, Rentamira, Compass

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6) Luxury condominiums in Siem Reap appreciated by 8% in 2024 compared to 2023

The luxury condominiums in Siem Reap saw an 8% appreciation in 2024.

This rise is fueled by a booming real estate market, thanks to a revival in tourism and better infrastructure. The new Siem Reap-Angkor International Airport opened in 2024, welcoming over 1.3 million passengers, which significantly boosted tourism. More tourists mean a higher demand for accommodations, including luxury condos.

Luxury condos in Siem Reap are marketed as attractive investment opportunities. Developments like Angkor Grace Residence & Wellness Resort offer enticing investment programs with guaranteed rental returns. The lower cost of living compared to other tourist hotspots makes Siem Reap a smart choice for real estate investment.

Foreigners can fully own condominiums in Cambodia, adding to the appeal. This ownership flexibility, combined with the lower cost of living, makes Siem Reap an attractive destination for investors.

While specific data on the 8% appreciation isn't directly available, these factors collectively suggest a positive trend in the real estate market, contributing to the appreciation of luxury condominiums.

Sources: Hunter Estate, IPS Cambodia, Dabest Properties

7) New residential developments in Siem Reap increased by 10% in 2024 compared to 2023

In 2024, new residential developments in Siem Reap grew by 10% compared to 2023.

This growth is largely due to a surge in demand for homes, especially in suburban areas. Families and retirees are flocking to these quieter neighborhoods, drawn by recent infrastructure upgrades like improved roads and utilities. These enhancements have made properties, particularly those near the city center, much more appealing.

Despite an oversupply of properties, Siem Reap's real estate market is seeing a significant increase in rental transactions. This trend reflects a renewed market confidence, with high-budget individuals showing keen interest in rental properties, suggesting a positive market outlook.

Investment opportunities are also driving this growth. Strata-title condos and Western-style villas are gaining popularity among expatriates and retirees. These options cater to the demand for foreign ownership and luxurious living, aligning with the city's future growth corridors.

Ambitious infrastructure projects, such as the new airport and expressways, are further supporting this development. These projects are expected to enhance connectivity and accessibility, making Siem Reap an attractive destination for both investors and residents.

Sources: IPS Cambodia, IPS Cambodia

8) Siem Reap’s residential real estate market is expected to increase in value by 8-10% in 2025

Siem Reap's residential real estate market is expected to grow by 8-10% in value in 2025.

The tourism industry is bouncing back, and this is a big deal for real estate. With more international tourists visiting, there's a rising demand for vacation homes and rentals, which naturally pushes property values up.

Another game-changer is the new Siem Reap International Airport, completed in 2023. This has boosted the city's connectivity, making it more appealing to tourists and investors alike, which in turn drives property prices higher.

Siem Reap is also seeing a population boom, especially in urban areas. This growing population fuels the demand for residential properties, adding to the market's growth.

These factors combined are setting the stage for a vibrant real estate market in Siem Reap. The city's enhanced infrastructure and increasing tourist numbers are key elements in this upward trend.

As more people flock to the city, both for tourism and permanent residence, the real estate market is poised for significant growth. This makes Siem Reap an attractive option for property buyers looking to invest in a promising market.

Sources: Keller Henson, Khmer Times, Expat Life Cambodia, Realestate.com.kh

infographics rental yields citiesSiem Reap

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.

9) Luxury homes in Siem Reap’s suburbs appreciated by 6% in 2024

In 2024, luxury homes in Siem Reap's suburban areas appreciated by 6%.

This rise in property value was fueled by a surge in tourism, which often boosts local economies and increases real estate demand. With more visitors flocking to Siem Reap, the local market saw a ripple effect, making these suburban areas more attractive to potential buyers.

Another key factor was the significant infrastructure upgrades in these areas. Renovated roads and improved utilities meant residents could enjoy the peace of suburban life without losing easy access to the city center. This balance of tranquility and connectivity made the suburbs a hot spot for homebuyers.

Families and retirees increasingly sought out quieter neighborhoods that still offered urban amenities. This shift in buyer preferences played a crucial role in driving up demand for luxury homes, contributing to the rise in property values.

These suburban areas became particularly appealing as they offered a blend of modern conveniences and serene living. The combination of improved infrastructure and changing buyer preferences created a perfect storm for property appreciation.

As a result, the suburban real estate market in Siem Reap became a prime choice for those looking to invest in luxury homes, with property values reflecting this growing interest.

Source: Hunter Estate

While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility.