Cambodia is becoming an attractive country in the global real estate market

Камбоджа становится привлекательной страной на мировом рынке недвижимости

Cambodia is becoming a competitive country in the global real estate market due to the development of infrastructure and stable prices for condominiums.

According to the CBRE Cambodia report, Phnom Penh has an average asking price per sq.m. m in high—end condominiums amounted to $ 2.5 thousand. The annual rental yield is 6%.

For comparison, in Vietnamese Ho Chi Minh City, the average price per sq. m. m in the first 6 months of 2024 reached 5,9 thousand. $, and the yield is 4%. In Manila in the Philippines, the average cost was 5.3 thousand. $ per sq. m.

The CBRE study noted that Cambodia has strong development potential. From 2023 to 2033, the country wants to implement infrastructure development projects worth $ 36 billion. This will increase the level of profitability of all types of real estate.

It should be noted that in the first half of the year, 2,400 new facilities were commissioned in Cambodia, and by the end of the year, according to experts, there should be 14 thousand of them.
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