Real Estate

A Comparison Of Cambodia’s Real Estate Market With Other Southeast Asian Countries.

Cambodia’s real estate market is gaining more attention from foreign investors resulting in the growth of the real estate market. The capital city of Cambodia, Phnom Penh, has earned the most investment in the real estate industry, with rising demand for residential and commercial buildings. 

The southeast real estate market has captured the attention of many foreign investors, but at the same time, it gets confusing for investors to figure out in which country to invest. There has been an increase in foreign investment in the Southeast Asian real estate market, mainly from investors in Asia and Europe. 

Investors searching for investments that could give them good returns are all interested in investing in the Southeast Asian region.

Are you also planning to invest in Southeast Asian countries? If yes, Cambodia will help you with the best property investment opportunities. Check out the available property options in Cambodia at IPS Cambodia to lock in a trusted and safe deal. 

Overview of Cambodia’s Real Estate Market

Historical Background And Current Status

Due to a persistent rise in foreign investment in real estate, the Cambodian real estate market has seen a significant transition during the past ten years.

Most of the projects have been in Phnom Penh, the nation’s capital, where the skyline is rapidly expanding due to the building of the nation’s first skyscrapers and condominium developments, with prices for apartments units in desirable locations ranging from $200,000 to over $1 million. Townhouse complexes, Gated housing communities, and satellite cities are all becoming more prevalent in the suburbs and outskirts of the metropolis.

Major Cities And Their Real Estate Market

  • Phnom Penh

As Cambodia’s capital and a resource-rich city, it has drawn a lot of investors, increasing the value of real estate investments. The suburbs surrounding Phnom Penh is also drawing the attention of many investors, and many large enterprises are looking into them as potential places for future investments because of the vast amounts of land they can provide at prices that will ensure future profitability.

  • Siem Reap

Siem Reap is the most popular tourist destination. Investors can still make reasonable real estate investments while confident of future profits due to the city’s high tourist influx.

  • Sihanoukville

When numerous Chinese investors began investing heavily in various sectors in Sihanoukville, the city had an economic boom. This city has been booming throughout several sectors and evolving to become one of Cambodia’s financial capitals, making it an ideal location for real estate investment.

Types Of Properties And Their Demand

  • Condominium 

A condominium is made up of privately owned apartments and is in massive demand in Cambodia’s major cities.

  • Villa

A villa stands by itself and typically features a garden or outdoor space. In Cambodia, villas are a highly prevalent type of housing used for residential and commercial reasons.

  • Apartments

Serviced apartments are designed in a western manner with all the facilities. The need for it is growing as more foreigners come to this country for a long time.

  • Office

The business and entrepreneurial opportunities in Cambodia are rising with time, increasing the demand for office spaces.

Comparison With Other Southeast Asian Countries

Thailand

The real estate market in Thailand has developed, whereas Cambodia’s real estate market is developing. Investing in a developing market may give a better return on investments in the long run.

Rent Per MonthThailandCambodia
Apartment (1 bedroom) in City Centre395.77 $434.63 $
Apartment (1 bedroom) Outside of Centre221.63 $256.25 $
Apartment (3 bedrooms) in City Centre1,119.23 $1,058.64 $

Vietnam

Cambodia has better real estate opportunities when compared to Vietnam. Investing in Cambodia would get you better returns on your investment.

Rent Per MonthVietnamCambodia
Apartment (1 bedroom) in City Centre375.96 $434.63 $
Apartment (1 bedroom) Outside of Centre235.43 $256.25 $
Apartment (3 bedrooms) in City Centre857.10 $1,058.64 $

Indonesia

Both Indonesia’s and Cambodia’s real estate markets are growing and have great investment opportunities.

Rent Per MonthIndonesiaCambodia
Apartment (1 bedroom) in City Centre283.53 $434.63 $
Apartment (1 bedroom) Outside of Centre170.85 $256.25 $
Apartment (3 bedrooms) in City Centre696.12 $1,058.64 $

Philippines

The Philippines’ real estate market is diverse and steady, whereas the market in Cambodia is growing. 

Rent Per MonthPhilippinesCambodia
Apartment (1 bedroom) in City Centre342.18 $434.63 $
Apartment (1 bedroom) Outside of Centre191.28 $256.25 $
Apartment (3 bedrooms) in City Centre792.33 $1,058.64 $

Malaysia

Malaysia is a more developed country than Cambodia and is more expensive. Real estate in Cambodia is cheaper than in Malaysia and gives you good ROI.

Rent Per MonthMalaysiaCambodia
Apartment (1 bedroom) in City Centre376.44 $434.63 $
Apartment (1 bedroom) Outside of Centre255.72 $256.25 $
Apartment (3 bedrooms) in City Centre679.67 $1,058.64 $

Conclusion

Southeast real estate market growth and has brought in many foreign investments. Cambodia is one of the best countries to invest in for a high return on investment. The future growth prospect of Cambodia’s real estate market also seems better than other countries as it is still developing.

But to opt for a safe investment deal in Cambodia, investors need to connect with a trusted real estate market leader who can serve them with exceptional property solutions according to their needs. IPS Cambodia- rewarded as the top real estate brand in Cambodia, offering property management, lease and sale, property valuations and document processing services, has locked the most real estate transactions in the country since 2009. 

Visit the website to get the best property options, or connect with their experts at +855 77 959 861 or [email protected] to know more. 

Christopher Stern

Christopher Stern is a Washington-based reporter. Chris spent many years covering tech policy as a business reporter for renowned publications. He has extensive experience covering Congress, the Federal Communications Commission, and the Federal Trade Commissions. He is a graduate of Middlebury College. Email:[email protected]

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