Time Square 9 - The Gatsby Residence is set to make its debut in January, introducing a new level of design-led urban living to Phnom Penh. Officially part of the well-known Time Square series, the project will also be referred to as Time Square 9, and marks the next evolution in residential development by Megakim World Corp. The project comprises approximately 500 residential units, with prices starting from $1,700 per square meter. Designed for spacious and comfortable living, unit layouts range from 1- to 4-bedroom residences, with generous sizes starting from 57 square meters, offering an attractive option for both homeowners and long-term investors.Launching in BKK1, Phnom Penh’s most established and desirable district, Time Square 9 is positioned as more than just another condominium project. It represents a shift toward lifestyle-driven living, where architecture, location, and long-term value intersect.A New Chapter for the Time Square SeriesOver the past decade, Megakim World Corp. has steadily built a strong presence in Phnom Penh through the Time Square brand. Earlier developments focused on accessibility, strong locations, and practical city living.Time Square 9 signals a clear step forward.As Time Square 9, the project introduces a more refined identity, one that places greater emphasis on character, atmosphere, and architectural expression, while still retaining the fundamentals that have made the Time Square series successful. This is not a departure from the brand, but an evolution of it.Learn more about all the projects by Megakim World Corp.Design Inspired by the Gatsby EraTime Square 9 takes inspiration from the elegance and confidence of the 1920s, an era associated with ambition, style, and bold design. Rather than replicating the past, the project interprets these influences through a modern lens.Expect design cues that lean toward:Clean art-deco influenceStrong vertical lines and proportionsThoughtful interior detailingA focus on timeless appeal rather than short-term trendsThe result is a project that feels distinctive without being overstated, designed to age well in both style and value.BKK1: Phnom Penh’s Premier AddressLocation remains one of the strongest fundamentals of Time Square 9. Situated in BKK1, residents will be surrounded by:International restaurants and cafésEmbassies and professional officesRetail, wellness, and lifestyle amenitiesStrong rental demand from expats and professionalsBKK1 has long been considered Phnom Penh’s most resilient residential market, particularly for well-located, quality developments. New supply in the area is increasingly selective, making launches like Time Square 9 stand out.READ MORE: Why Boeung Keng Kang Remains a Firm Favourite In Phnom PenhDesigned for Modern Urban LivingWhile full specifications will be released closer to launch, Time Square 9 is expected to focus on livability as much as aesthetics.Key themes behind the project include:Well-planned unit layouts for everyday comfortCity views that maximize BKK1’s skylineAmenities designed for balance, not excessPrivacy and lower-density living compared to mass-market towersThis approach reflects changing buyer preferences in Phnom Penh, where quality, design, and usability are becoming more important than sheer scale.Backed by Megakim World Corp.Confidence in Time Square 9 Cambodia is strengthened by its developer, Megakim World Corp., one of Cambodia’s most active and recognizable residential developers.With a track record of completed Time Square projects and growing recognition in the market, Megakim has built a reputation around:Consistent deliveryStrong central locationsPractical design suited to real buyers and tenantsTime Square 9 represents the developer’s most design-forward project to date, aligning with the market’s increasing focus on long-term quality and brand trust.Launching January: What Buyers Should KnowScheduled to launch in January, Time Square 9 is expected to attract attention from both end-users and investors looking for exposure to BKK1 at an early stage.Early-phase launches in this district have historically offered:More competitive entry pricingBetter unit selectionStrong upside as projects progressAs supply tightens in core central areas, projects with clear positioning and reputable developers are becoming increasingly selective opportunities.READ MORE: 50 Must-Know FAQs for Real Estate Investors in CambodiaWhy Time Square 9 MattersTime Square 9- The Gatsby Residence arrives at a time when Phnom Penh’s property market is becoming more discerning. Buyers are no longer looking only at price; they are evaluating design, livability, location, and the credibility of the developer.As Time Square 9, this project brings together all four.With its January launch approaching, the project is shaping up to be one of the most anticipated new condo developments in Phnom Penh’s prime residential core.Secure the best unitsWith the January launch approaching and early interest already building, unit selection will be limited, particularly for the best layouts and views.Contact us now to secure the best units at Time Square 9 - The Gatsby Residence before the official launch.

Air conditioners with air purification functionality are essential for a healthier living space, as they significantly improve indoor air quality, which directly benefits human health, comfort, and the efficiency and longevity of an air conditioning system.Panasonic air conditioners incorporate 24-hour nanoe™X technology for optimal daily comfort and cleaner air, keeping living and working spaces hygienic by purifying the air and creating a fresh and inviting environment that promotes better overall well-being of all customers.With nanoe™X, Panasonic air conditioners ensure 24-hour protection providing clean air from the moment you wake up, till the moment you go to bed. nanoe™X mode can also be activated independently via the Panasonic Comfort Cloud App, allowing customers to maintain a healthy indoor environment even while away.Benefits of Panasonic Air Conditioning With nanoe™XPanasonic air conditioners with nanoe™X technology offer a number of benefits that surpass the functionality of average air conditioner models as follows:24-hour Air Purification and Protection: nanoe™X provides continuous protection by purifying the air and surfaces, inhibiting airborne and adhered bacteria, viruses, and allergens. This function can be turned on independently without cooling operation for low energy consumption (roughly 25 watts per hour).Smart Air Control: Compatible Panasonic air conditioners can be remotely managed and operated via the Panasonic Comfort Cloud mobile application, allowing users to pre-cool or purify their living spaces from anywhere, anytime.Optimised Cooling and Purifying Airflow: Panasonic air conditioners employ efficient airflow technology to distribute concentrated cool air downwards upon being switched on, which then gently shifts upwards to evenly distribute air throughout the room and allow nanoe™X particles to widely disperse and effectively purify the surrounding space.Energy Saving: Panasonic air conditioners use inverter technology to prevent wasteful energy consumption. Models with the ‘ECO Mode with A.I.’ feature analyse room conditions and intelligently balance energy usage and comfort. nanoe™X can also be activated with fan mode for times when air purification is required without cooling.Built to Last: Panasonic air conditioners are rigorously tested for endurance and long lifespans, prioritising both performance and sustainability. nanoe™X technology, in particular, also utilises a maintenance-free titanium device. Who Will Benefit from nanoe™ X Technology?Panasonic's nanoe™ X technology actively purifies indoor air, offering numerous benefits for various lifestyles. Whether you're a pet owner, allergy sufferer, have young children, or simply want a healthier home, this innovative technology can improve your indoor environment.To learn more about Panasonic air conditioners and nanoe™X technology, contact the HVAC professionals at Panasonic Cambodia via +855 96 466 5469, or visit the Panasonic website.By B2B Cambodia. Original article: https://b2b-cambodia.com/articles/enjoy-fresh-air-anytime-with-panasonics-nanoex-panasonic-cambodia/

Megakim World Corp has achieved a significant milestone, winning the prestigious “Best Developer of Affordable Condominiums” award at the DOT Property Southeast Asia Awards 2025. This esteemed recognition firmly establishes the developer as one of the region’s most trusted developers, underscored by a track record of outperforming peers across the region.The real estate landscape in Southeast Asia is evolving at a remarkable pace, driven by innovation, sustainability, and a commitment to lifestyle-driven development. Within this dynamic environment, the DOT Property Southeast Asia Awards has become one of the region’s most respected platforms, celebrating excellence in property development, architecture, design, and agency performance. Each year, leading developers, visionary designers, and influential agencies from countries across Southeast Asia come together on one stage of recognition.Learn More About Megakim World Corp’s Projects in CambodiaA Reputation Strengthened by the Time Square SeriesMegakim World Corp’s rise has been powered by the success of its well-known Time Square series, a growing collection of condominium developments that have gained trust through consistent delivery and practical, lifestyle-focused designs.With the recent handover of Time Square 306 and the groundbreaking of Time Square 10 Ocean View in December 2025, Megakim World Corp once again demonstrated its commitment to meeting timelines and maintaining construction standards. The series continues to evolve with each project, offering improved layouts, upgraded amenities, and enhanced community environments tailored for both homeowners and investors.Read More: Megakim World Corp Starts Unit Handover at Time Square 306, BKK1For Cambodia’s growing real estate sector, this award serves as a testament to the country’s rising development standards and increasing competitiveness on the international stage. As Tom O'Sullivan, CEO of Realestate.com.kh, commented on the significance of the award for Megakim World Corp’s Time Square development: "This award reflects the flight to quality we’re seeing in Cambodia’s property market. When developers deliver what they promise, recognition follows. It’s a proud moment for Time Square and for Cambodia."Megakim World Corp’s consistent progress across multiple developments serves as a clear signal to investors: this is a developer that delivers! If you have any inquiries about Time Square projects, contact us at  Realestate.com.kh, the #1 property portal and real estate agency in Cambodia today!

SIHANOUKVILLE, CAMBODIA — The coastal city of Sihanoukville marked a major milestone in its urban transformation today with the official Groundbreaking Ceremony for Time Square 10. The event marks the beginning of construction for a new 39-floor ocean-view luxury condominium complex on the highly desirable Otres Beach.READ MORE: Why Time Square 10's Affordable Sea View Condos in Sihanoukville Are Selling Out Fast?Megakim World Corp, a developer renowned for its successful and on-time completion of multiple Time Square projects in Phnom Penh, is expanding its proven track record to the Kingdom's booming coastal market. TS10 is set to deliver 1,300 modern units across three distinct, ocean-themed towers such as Ocean Crystal, Ocean Gold, and Ocean Diamond, offering a mix of 1- to 4-bedroom layouts designed for both resort-style living and investment. The project will feature luxury amenities, including a sky-high infinity pool, a 235-meter running track, a dedicated beach club, and many more, establishing a new benchmark for coastal residences in the area.Industry analysts view the commencement of construction for Time Square 10 as a powerful indicator of renewed investor optimism in Sihanoukville, a city undergoing massive government-backed infrastructure upgrades aimed at re-establishing it as a world-class tourism and logistics hub. With beachfront properties becoming increasingly scarce, projects like TS10 are capturing significant attention from both local and international buyers looking for long-term capital appreciation and strong rental yield potential.Learn more about why Sihanoukville is Cambodia’s top destination for infrastructure investment.Special 12/12 Promotion for All Time Square Projects!To celebrate this big milestone, Realestate.com.kh will host a special one-day promotion on December 12 (12/12). On that day, buyers can access special offers across all active Time Square projects, including the newly launched TS10 in Sihanoukville, as well as the Phnom Penh developments such as: Time Square 302 (Time Square 6) – Completion Expected in Q1 2027Time Square 7–  Completion Expected 2028Time Square 8 – Completion Expected 2028Time Square 10 Ocean View Sihanoukville – Completion Expected 2029We at Realestate.com.kh are excited to see Time Square 10 officially begin. We congratulate the Time Square team on this important achievement and believe the project will bring a new level of quality living to Sihanoukville!Register your interest to know more about the upcoming promotion!-------Learn more about the project and contact us now!Phone: +855 92 92 1000Email: info@realestate.com.kh

At the start of 2025, realestate.com.kh highlighted some of the most anticipated condominium projects in Phnom Penh, expected to be handed over in 2025. As the year concludes, we are excited to confirm the successful completion and handover of several key developments, solidifying the continued growth and maturity of Cambodia's real estate sector.In total, 9,000 condos were estimated to be handed over in 2025, and the 7 projects below accounted for nearly 7,000 units that have started the handover process.Here is a look back at the projects that have successfully transitioned from anticipated developments to completed, thriving communities:1. Time Square 306 or Time Square 5 Time Square 306, the fifth project by Megakim World Corp., is officially ready for handover, with all units scheduled to be delivered by December. The project benefited greatly from strong market confidence surrounding the reputable “Time Square” series, known for their timely construction progress and commitment to quality delivery.With the project having entered the handover phase, the development stands as a testament to MegaKim World Corp’s ability to execute large-scale residential projects while maintaining quality and trust.Located in BKK1 Project Status: Completed Handover: Started from December 2025READ MORE: MegaKim World Corp Starts Unit Handover at Time Square 306, BKK12. Le Conde BKK1Le Conde BKK1 stands as a completed, 43-story mixed-use landmark, defining modern convenience in Phnom Penh’s esteemed BKK1 district. Developed by Wangfu International Real Estate Development Co., Ltd, the building is now fully operational, offering residents a superior lifestyle experience. Every unit is equipped with smart home technology for ultimate ease and control. Residents also enjoy access to a full suite of premium, ready-to-use amenities, including an infinity pool, a sky bar, a fully-equipped gym, a sky garden, and professional concierge services, along with extensive and secure parking facilities.Location: BKK1 Project Status: Completed Handover: Started in March 20253. Urban Village Phase 2Urban Village Phase 2 is a successful, fully completed expansion of the iconic Urban Village development. This phase features four 51 to 63-story towers, which have now delivered 1,700 units at competitive prices. Strategically situated along the fast-developing Hun Sen Boulevard (the 60-meter road), the development offers exceptional convenience.Residents benefit from its close proximity to major landmarks, such as Aeon Mall Mean Chey (Aeon 3), Chip Mong Mega Mall, the new Techo International Airport, and international schools. Urban Village Phase 2 provides an established, modern, and highly convenient living environment.Additional Reading: Long-Term Economic Impacts of Phnom Penh’s New Techo International AirportLocation: on the Hun Sen BoulevardProject Status: CompletedHandover: Handover Completed in 20254. Royal Platinum CondominiumRoyal Platinum Condominium, a luxury mixed-use development in Phnom Penh’s Toul Kork district, offers 851 elegantly designed residences, from studios to four-bedroom penthouses. Developed by Royal Hong Lai Huat One, it blends comfort and sophistication with a unique X-shaped layout. Location: Toul KorkProject Status: Completed Handover: Started in Q1 20255. Diamond Bay GardenDiamond Bay Garden is a premier residential development offering breathtaking, panoramic river views and immediate access to a full range of amenities. The project is now completed, with the unit handover process starting from late 2025 and continuing until Q3 2026, based on unit type and floor.Furthermore, its location in Koh Pich or Diamond Island and near Norea City offers convenience, situating residents directly near major shopping malls, esteemed international schools, and key embassies, positioning Diamond Bay Garden as the perfect choice for affluent families and expatriates who demand both luxury and accessibility.Location: Diamond Island/Koh Pich Project Status: Building A - Completed Handover: Process started at the end of 2025, running until Q3 2026READ MORE: Discover Norea City: Phnom Penh's New Favourite Area6. La Vista OneLa Vista One consists of twin towers that stand as landmarks in Phnom Penh’s Chroy Changvar district. Rising to a height of 140 meters, they are located at the meeting point of the Mekong and Tonle Sap Rivers. The location is surrounded by government offices and high-end residences. Residents can enjoy amazing views of both the city and the rivers.Location: Chroy Changva Project Status: Completed Handover: Started in Q1 20257. Vue AstonVue Aston stands as a modern landmark in Phnom Penh's newest area, Norea City or Koh Norea. Rising to 145 meters, it is strategically located at the meeting point of the Mekong and Tonle Sap Rivers, offering an unparalleled riverfront lifestyle. The location is rapidly evolving, surrounded by key government developments, essential infrastructure, and a growing community of luxury residences. Location: Norea CityProject Status: CompletedHandover: Started in Q1 2025Reliably Delivering Condo ProjectsThe successful completion and handover of all the projects mentioned above underscore a crucial narrative: Cambodia’s real estate market is reliably delivering on its commitments.The transition of these highly anticipated projects from construction to occupancy signals a healthy, maturing market where developers consistently meet deadlines and fulfil their promise of quality, modern living spaces. This continued success not only benefits new residents and investors but also enhances Phnom Penh's growing reputation as a thriving investment hub in Southeast Asia.If you want to know more about the real estate market in Cambodia, or simply want to know more about the market, contact us now at realestate.com.kh, the #1 real estate agency and portal in Cambodia or get your free report by clicking below.Phone: +855 92 92 1000Email: info@realestate.com.khFAQs1. Which condo projects are completed in Phnom Penh in 2025?>> Completed projects include: Time Square 306, Le Conde BKK1, Urban Village Phase 2, Vue Aston, Royal Platinum, Diamond Bay Garden (Building A), and La Vista One.2. Can I buy a completed condo right now?>> Yes. All listed projects are fully built and have started handover. You can contact realestate.com.kh at +855 92 92 1000 or info@realestate.com.kh3. Are handovers happening now?>> Yes. Some are phased, but all have begun handover.4. Are these completed condos suitable for investment?>> Yes. Completed units are highly attractive for rental income and capital appreciation, especially in prime areas like BKK1, Koh Pich, and Chroy Changvar.5. Do these projects offer ready-to-use amenities?>> Most completed developments provide full amenities such as pools, gyms, sky gardens, concierge services, and secure parking.6. Which completed condo is closest to the new Techo International Airport?>> Urban Village Phase 2 and R&F City offer quick access due to their location on Hun Sen Boulevard.7. Do these condos allow foreign ownership?>> Yes. Foreign buyers can legally own units in all these condominium developments under Cambodia’s strata-title regulations.8. Do I need a long-term visa to own a condo?>> No. Property ownership is not linked to your visa status. You can own a condo even if you only visit Cambodia occasionally.9. Are there property taxes when buying a condo?>> Yes. The main tax is the 4% transfer tax, which applies when the title is transferred to your name. 10. Is buying a completed condo safer than buying off-plan?>> Buying a completed unit reduces risk because the building is already finished, inspected, and ready to move in. You can see the real product before purchasing.

Time Square 306, or widely known as Time Square 5 (TS5), is officially ready for handover, with all units scheduled to be delivered to buyers by December. This marks another major milestone for MegaKim World Corp, reaffirming its status as one of Cambodia’s most dependable and consistent developers.Learn More About MegaKim World Corp’s Projects in CambodiaA Look Back at Time Square 5Time Square 306 (TS5) has been one of MegaKim World Corp’s strongest-performing developments, achieving a complete sell-out super fast after its launch in Q2 2022. Its central location within Boeung Keng Kang 1 (BKK1), efficient layouts, and competitive pricing attracted a wide range of buyers, from first-time homeowners to seasoned investors seeking rental income potential in Phnom Penh’s fast-growing districts.The project benefited greatly from strong market confidence surrounding the “Time Square” series, known for their timely construction progress and commitment to delivering what is promised. With the project now entering the handover phase, the development stands as a testament to MegaKim World Corp’s ability to execute large-scale residential projects while maintaining quality and trust.Additional Reading: Top Four Most Popular Areas To Buy Property in Phnom PenhThe Next Wave of Time Square ProjectsWith Time Square 5 complete and Time Square 302 (Time Square 6) sold out and set to top out by Q1 2026, MegaKim World Corp is far from slowing down. The developer is now pushing forward with a new series of Time Square projects:Time Square 7 – Completion Expected 2028A 49-storey high-rise in Toul Kork, offering 700 modern luxury condos with 1-3 bedrooms, close to shopping centers and educational institutions. TS7 is currently one of the bestselling projects in the portfolio. Positioned with strong rental appeal and modern amenities, it continues to attract both local and international buyers. Its flexible unit options and competitive pricing make it a standout in the mid-range condominium segment.Learn More About Time Square 7 Here. Time Square 8 – Completion Expected 2028Located in Toul Tum Poung 1, this 50-storey condo provides 700 units with premium amenities, minutes away from key city landmarks. TS8 is gaining strong traction as well, with buyers drawn to its improved layouts, upgraded facilities, and strategic city location. The project reflects the brand’s evolution, more refined, more modern, and crafted for the lifestyle expectations of today’s urban residents.Learn More About Time Square 8 Here. Time Square 10 Ocean View Sihanoukville – Launched in Q2 2025With a groundbreaking set for December 2025, Time Square 10 promises ocean-view condos, expanding MegaKim's footprint to Cambodia's coastal city. Now actively selling, the project is already receiving strong market interest, particularly as the first coastal Time Square condominium designed to blend modern urban living with the calm, scenic appeal of the coastline. It is selling out fast, as the project offers buyers a new kind of lifestyle opportunity, city-style convenience, elevated by panoramic sea views and a resort-inspired atmosphere.Learn More About Time Square 10 Here.A Developer That DeliversThe successful handover of Time Square 5 once again demonstrates MegaKim World Corp’s ability to deliver on-time, high-value residential properties in the heart of Phnom Penh. With TS7, TS8, and TS10 currently active, the Time Square series continues to shape the modern condominium landscape of Cambodia.MegaKim World Corp’s consistent progress across multiple developments serves as a clear signal to investors: this is a developer that keeps its promises! If you have any inquiries about any Time Square projects, contact us at Realestate.com.kh, the #1 property portal and real estate agency in Cambodia today!

Long known as the gateway to Angkor Wat, Siem Reap has quietly transformed from a temple town into one of Cambodia’s most livable and inspiring cities. It has attracted a growing community of retirees, entrepreneurs, and even digital nomads seeking an affordable, culturally rich, and laid-back environment. With its blend of heritage charm, modern convenience, and welcoming atmosphere, Siem Reap is becoming a strong candidate as one of Southeast Asia's top long-term living destinations. The addition of a new Siem Reap–Angkor International Airport (SAI), which opened in October 2023, is slowly making it more accessible with more regional and international flights, adding to the appeal of settling in Siem ReapSiem Reap OverviewSiem Reap, located in northwestern Cambodia, is often described as Cambodia’s cultural heart. Unlike fast-growing cities like Phnom Penh or Sihanoukville, Siem Reap retains its small-town character and easygoing pace.Life there moves more slowly, and there is a strong sense of community that resonates with locals and foreigners alike. The city’s atmosphere is often described as artistic, reflective, and deeply connected to Cambodian culture, an appealing setting for those seeking a more meaningful lifestyle.Why It’s So Easy to Live in Siem ReapThere are several reasons why Siem Reap has become such an attractive place for retirees and digital nomads. Its low cost of living, improving infrastructure, and sense of belonging make it both practical and fulfilling for those who wish to stay long-term.Affordable LifestyleThe affordability of daily life in Siem Reap is one of its biggest advantages. A one-bedroom apartment or condominium typically rents for between $400 and $600 per month.Local meals cost as little as $2 to $5, but there is still a great selection of Western and other cuisines for all taste buds.For most residents, monthly living expenses range from US$600 to $1,200, depending on lifestyle choices. This cost-effectiveness allows retirees to stretch their pensions further and gives people financial flexibility while building their ventures.(Source: Maedy Khmer Food, Local Traditional Khmer Restaurant in Siem Reap)Connectivity and InfrastructureThe opening of the Siem Reap–Angkor International Airport in 2023 marked a major milestone in the city’s development. The new airport has enhanced regional connectivity, providing direct flights to destinations such as Singapore, South Korea, Kuala Lumpur in Malaysia, and India.Within the city itself, roads and transport options have also seen steady improvement. Ride-hailing apps, bike rentals, and affordable taxis make mobility easy, ensuring both convenience and accessibility.Bicycle paths were also renovated and installed during the pandemic downturn, and a 23-kilometre network of bike paths around the Angkor Archaeological Park has been installed to improve cyclist safety and reduce congestion on main roadsThis enhanced infrastructure has positioned Siem Reap as not only a tourist hub but a viable residential base for people who value modern amenities in a peaceful setting.There are also imminent plans for a Phnom Penh–Siem Reap–Poipet Expressway, which would be Cambodia's third major expressway project, spanning approximately 420 km through six provinces: Phnom Penh, Kandal, Kampong Cham, Kampong Thom, Siem Reap, and Banteay Meanchey. This would be expected to greatly improve travel comfort and reduce travel times by road.READ MORE: How to Get a Visa for CambodiaFriendly Locals and a Welcoming Expat CommunitySiem Reap’s people are one of its strongest assets. Cambodians are known for their friendliness, and that warmth extends naturally to foreigners living in the city.The expat community, though diverse, is tightly knit. Residents often meet through local markets, wellness classes, cultural events, or volunteering programs. The openness and inclusivity of the community make integration easy and rewarding, especially for retirees seeking companionship and for digital nomads looking to network.There is also a healthy mix of local and foreign-owned businesses, from crafts to restaurants.(Siem Reap during Water Festival, Source: Siem Reap Provincial Administration Facebook Page)Siem Reap - Endless Opportunities to ExploreLiving in Siem Reap offers constant opportunities for exploration and enrichment. Beyond the famous Angkor Archaeological Park, residents can enjoy a wide range of natural and cultural experiences. Popular destinations include Phare, the Cambodian Circus, which showcases local talent; Tonlé Sap Lake, the largest freshwater lake in Southeast Asia; Pub Street and the Old Market, both vibrant centres for dining and entertainment; and Kulen Mountain, a serene weekend getaway. Every corner of Siem Reap offers something to discover, blending heritage with contemporary living.READ MORE: Key Takeaways from Knight Frank’s 2025 H1 Real Estate Report - Siem Reap and SihanoukvillePeaceful Living EnvironmentOne of Siem Reap’s most defining qualities is its tranquillity. Compared to Phnom Penh’s urban bustle, Siem Reap offers a quieter and cleaner environment.The absence of heavy traffic, the abundance of green spaces, and the relaxed rhythm of daily life all contribute to an atmosphere of calm. This sense of peace is particularly valued by retirees seeking rest and by digital professionals who appreciate a setting that fosters focus and creativity.Where to LiveAs Siem Reap continues to grow, several modern condominium projects have emerged, designed to cater to both local and international residents. Two of the city’s most notable developments are Rose Apple Square and Angkor Grace Residence & Wellness Resort.Rose Apple Square, located in the city centre, is a mixed-use complex that combines residential living, co-working spaces, fitness centres, and cafés within one vibrant community.It is ideal for professionals and retirees who appreciate convenience and social connection. The development reflects the future of Siem Reap, urban yet intimate, modern yet deeply integrated with its surroundings.Notably, Realestate.com.kh has recently opened a new office inside Rose Apple Square. Our local agents are now based on-site, ready to assist clients in finding the right property in Siem Reap, whether for personal living, investment, or retirement. Visitors are welcome to drop by for property consultations or simply to learn more about the growing real estate opportunities in the area.1,709 condo units are expected to enter the Siem Reap market from 2025-2028.Condominiums were priced between US$1,100-2,700 per sqm.Gross rental yields were 6-7 per centAnother exceptional option is Angkor Grace Residence & Wellness Resort, which offers a resort-style living experience. The property features elegant serviced apartments, landscaped gardens, and wellness facilities, all designed for relaxation and healthy living. Located just minutes from the city center, it provides an ideal balance between accessibility and serenity, perfect for those who wish to enjoy luxury in a peaceful environment.Besides these excellent options for purchasing property, if you are not looking to buy but instead seeking a long-term rental, the market here is remarkably diverse and accessible, offering housing solutions that suit a wide range of residents, from expatriates and digital nomads to local professionals. Tenants can choose from traditional apartments and flats, private houses or villas with more space, and convenient, full-service apartments.General Cost of LivingFor those considering relocation, the average cost of living in Siem Reap remains highly competitive.Rent (1-bedroom condo)$400–$600Utilities (electricity, water, internet)$60–$100Food and Groceries$200–$300Transportation$50–$100Healthcare and Insurance$80–$150Entertainment and Leisure $100–$200With total expenses typically ranging from $1,200 to $1,800 per month, Siem Reap offers a standard of living that combines comfort, affordability, and access to essential services.READ MORE: How Much Does a Property Cost in Cambodia? The Ease of Living in Siem ReapUltimately, what makes Siem Reap so appealing is its harmonious blend of simplicity and possibility. The city offers modern amenities without losing its authenticity, and its slower pace allows for a deeper appreciation of life. It is a place where one can work remotely from a quiet café in the morning, explore temples at sunset, and end the day in a riverside restaurant among friends.For retirees, this means a fulfilling and stress-free lifestyle; for digital nomads, it means a base that encourages productivity and creativity. Siem Reap’s charm lies not only in its beauty but also in its effortless livability, a rare balance that continues to attract those seeking a better quality of life in Cambodia.Contact us or visit our office located at Rose Apple Square for any inquiries!

Cambodia is making it easier for international buyers and investors to handle real estate transactions with two big updates in digital payments. On November 12, during the Singapore FinTech Festival 2025, the National Bank of Cambodia (NBC) launched Phase 1 of a cross-border QR payment system with Singapore. At the same time, NBC also signed a key agreement with China's TenPay Global to link payments between the two countries.This expansion introduces a smoother, cash-free payment solution for daily expenses and significant transactions alike, benefiting expats, foreign investors, and local developers within Cambodia's fast-growing economy.ADDITIONAL READING: How Much Does a Property Cost in Cambodia?Easier Payments for Cambodians in SingaporeIn the first phase, called "Cambodia Scans QR Codes in Singapore," Cambodian travelers and business people can now pay in Khmer Riel (KHR) by scanning QR codes at shops and services across Singapore. No need for cash, credit cards, or currency swaps, just use apps like Bakong or ACLEDA Super App linked to your local bank account.(H.E. Dr. Chea Serey, Governor of the National Bank of Cambodia)This quick, secure setup cuts costs and speeds up transactions. It's great for real estate pros scouting properties or closing deals in Singapore, and it promotes tourism and trade between the two nations. Phase 2, coming soon, will let Singaporeans scan Cambodian QR codes (KHQR) here at home, opening doors for more cross-border property investments.Banks like ACLEDA and Phillip, along with Singapore's Liquid Group, made this possible. NBC Governor Chea Serey called it a "key move for an inclusive digital economy" that supports growth through better regional ties.For real estate, this means foreign buyers from Singapore can pay deposits or fees instantly via mobile apps when viewing homes, reducing delays and building trust in deals.READ MORE: Payment Terms for Buying Properties in CambodiaNew Ties with China for Faster Remittances and InvestmentsThe MOU with TenPay Global (part of Tencent and operator of WeChat Pay) sets up links between Cambodia's Bakong (KHQR) and China's WeChat Pay. The goal is to make cross-border payments for everyday use quicker and cheaper for people and businesses.This is huge for Cambodia's property sector, where Chinese investors lead in buying condos, hotels, and land. Easier money flows mean faster fund transfers for down payments or construction loans, helping projects across Cambodia. It also boosts financial access, encourages local currency use, and cuts reliance on cash as well, which is ideal for SMEs in real estate services.Governor Serey said the deal "drives innovation and economic ties with China." Daniel Hong, Vice President of Tencent Financial Technology, added that it builds a "trusted global payment network" for easier commerce.Why This Matters for Real Estate in CambodiaCambodia's digital payment push fits right into its real estate boom. With more seamless QR links to neighbors like Thailand, Vietnam, Laos, Malaysia, Japan, and now Singapore and China, investors can handle overseas funds without hassle. This lowers costs for buyers, speeds up closings, and attracts more foreign capital, thereby increasing demand for property across the country.Local merchants and property developers also benefit as well, gaining the ability to accept instant payments from international visitors, supporting sales in a market expected to grow 7–10% next year. As Cambodia pushes toward a more connected ASEAN economy, these innovations make property transactions safer, faster, and more seamless.For tips on using these payments for your next transaction, check out the NBC's Bakong app. Stay connected with realestate.com.kh for more on how digital shifts are shaping Cambodia's property scene.Sources: National Bank of Cambodia, ACLEDA Bank, AKP News.

If you're heading to Cambodia, it's important to know that the new Techo International Airport (KTI) has replaced the old Phnom Penh International Airport (PNH) as of September 9, 2025. In this guide, Realestate.com.kh will help you get to and from the new airport, which is located about 20 kilometers south of Phnom Penh in Kandal Province. The trip to the city center usually takes around 50 minutes without traffic. Below are the most convenient ways to travel between the airport and these popular spots, along with what you can expect to pay.Further reading: How Techo International Airport Will Boost the Economy, Travel, and Real EstateThe Airport Express BusThe Phnom Penh City Bus Company launched an express bus service on September 9, 2025, that connects the city center with the new airport. It's a great option for budget-friendly travelers.Fare: The ticket is only 1,500 Riels (about $0.37) one way, making it one of the most affordable airport transfers you'll find.Hours: Buses run daily from 5:30 AM to 11:30 PM.Travel Time: Keep in mind that the journey can take up to two hours due to city traffic and multiple stops. This option is best if you are not in a rush.The bus stops are located at key points in the city. You can check out the routes listed in the poster below:(Techo International Airport Express Bus routes, source:  Techo International Airport official Facebook page)Ride Services or Ride AppsFor a more convenient and flexible option, ride-hailing apps are the way to go. Grab, Move, PassApp, and WowNow are the most popular choices in Phnom Penh. You can choose between a tuk-tuk or a car, and even better, an EV car (which is very popular for users these days).Tuk-tuk: This is the cheapest and best option if you're traveling alone or as a pair with minimal luggage. Car: If you're traveling with more than two people or have a lot of luggage, a car is a better choice.Prices may vary depending on the time of day, with higher fares expected during rush hours (8-9 AM, 11 AM-12 PM, and 5-6 PM). Many apps also offer new user discounts or promo codes, so be sure to check their social media pages or the coupon section before you book.Pre-Booked Taxis and Hotel TransfersIf you prefer a smooth arrival experience, you can arrange a pre-booked taxi or transfer through your hotel. While more expensive than ride services, it provides a guaranteed ride and is often ideal for larger groups, expats coming for the first time, or late-night arrivals.Estimated Fares from the Airport to the Riverside Area:Standard Sedan/Car: The price for a standard car typically ranges from $17 to $35 USD. Some promotions offer a flat rate of $17 for transfers between KTI and the city center. Other companies may have rates of $25 or $30.Larger Vehicles (Minivan, SUV): If you need a larger vehicle for more people or luggage, the price will be higher. A minivan or SUV can cost between $30 and $40 USD, with some VIP options costing as much as $85.On-Demand Services: Ride-hailing apps like Grab are also available, and their prices can fluctuate based on demand. A Grab ride to downtown Phnom Penh is estimated to be around 85,000 KHR, which is approximately $20.75 USD.Keep in mind that these are estimates. The final price can depend on:The company you book with: Different companies have different pricing structures.The time of day: Some services may charge more for late-night transfers.The type of vehicle: Larger or more luxurious vehicles will cost more.Any promotions or discounts: Some companies offer special rates for airport transfers.On-Site Car RentalAccording to the official Techo International Airport website, car rental counters are available in the arrival hall. While specific pricing details aren't widely available yet, this is a good option if you plan to drive yourself and explore beyond the city center.When it comes to getting to and from the new Techo International Airport, you have several reliable options to choose from. Your decision will likely depend on your budget, how much time you have, and the amount of luggage you're carrying.This is why Living Closer Makes All the Difference!Traveling to Techo International Airport can take quite some time, depending on where you live in Phnom Penh. However, residents of R&F City enjoy one of the most convenient locations for airport access. Situated along National Road 2, just a short drive from the city’s southern gateway, R&F City offers a smooth and direct route to the airport, often cutting the travel time by nearly half compared to other central districts.This modern mixed-use community combines affordable condominiums, retail spaces, and a variety of facilities suitable for those looking for not just a condo but a space to enjoy communal activities as well, making it not only a comfortable home but also a highly strategic choice for frequent travelers and professionals who value time and convenience.Looking to live closer to Cambodia’s new international airport? Visit us at Realestate.com.kh to explore available units in R&F City and other top developments near KTI as well!

The Royal Government of Cambodia has officially set the public holiday calendar for 2026, confirming 21 days of paid holidays for civil servants, employees, and workers across the Kingdom. This schedule, established by Sub-Decree No. 167 on September 18, 2025, is crucial for planning in the fast-paced real estate sector.The 21 days cover a mix of national, traditional, and religious observances:DateOccasionNo. of DaysJanuary 1International New Year’s Day1 DayJanuary 7Victory Day Over the Genocide Regime1 DayMarch 8International Women’s Day1 DayApril 14, 15, 16Khmer New Year3 DaysMay 1International Labor Day and Visakha Bochea Day1 DayMay 5Royal Ploughing Ceremony1 DayMay 14His Majesty Preah Bat Samdech Preah Baromneath Norodom Sihamoni’s Birthday1 DayJune 18Her Majesty the Queen Mother Norodom Monineath Sihanouk’s Birthday1 DaySeptember 24Constitution Day1 DayOctober 10, 11, 12Pchum Ben Festival3 DaysOctober 15Commemoration Day of the Late King-Father Norodom Sihanouk of Cambodia1 DayOctober 29Coronation Day of His Majesty Preah Bat Samdech Preah Boromneath Norodom Sihamoni, King of Cambodia1 DayNovember 9National Independence Day1 DayNovember 23, 24, 25Water Festival (Bon Om Touk)3 DaysDecember 29Peace Day1 DayCompliance and Operational Guidelines for EmployersAll employers shall carefully review this 2026 calendar to ensure full compliance with the national labor regulations.For businesses that cannot afford to stop operations, the Sub-Decree offers flexibility:Rotational Leave: Entities whose operations are continuous may implement rotational leave schedules. This allows workers to take their public holidays in turns, ensuring necessary business continuity.Alternative Arrangements: If rotational leave is impractical, employers and worker representatives can mutually agree to have employees work on a public holiday. In this case, the employee must be granted alternative leave at a later time.These special agreements, whether they involve working on the holiday or taking rotational leave, should be guided by company rules, collective agreements, or direct agreements between the employer and the worker.

Picasso City Garden Development Plc. (PCG) officially launched its global IPO roadshow this week, with the first event successfully held in Phnom Penh. The session attracted numerous institutional investors, real estate professionals, business leaders, and media representatives, filling the venue and reflecting the market’s strong interest and enthusiasm for PCG’s upcoming listing.Register now via this link: https://forms.gle/nJB3TdPRnjgYg47k8 During the event, the PCG team presented a detailed overview of the company’s growth journey, IPO issuance plan, and intended use of funds, with a particular focus on introducing its flagship project, “Picasso Sky Gemme.” Located in the heart of Phnom Penh’s BKK1 district, the 180-meter, 52-story landmark will become the tallest and most luxurious residential building in the city. With its unique brand positioning, construction quality, and “livable art gallery” design concept, the project has achieved strong brand differentiation and garnered significant market recognition.According to the survey conducted at the event, over 70% of investors expressed high interest in PCG’s policy of a fixed 7% annual dividend for five consecutive years. The collected expressions of interest already exceeded the total number of shares offered. Several potential institutional investors also requested offering documents and subscription forms on-site, creating a highly engaged atmosphere.The lead underwriter, Cambodia Securities Plc., stated that the Phnom Penh event marks the start of PCG’s global roadshow campaign. The team will next visit key Asian cities such as Shanghai, Shenzhen, Hong Kong, Chongqing, Malaysia, Singapore, Taiwan, and Tokyo, introducing Cambodia’s real estate market potential to international investors, particularly within the global Chinese investment community and property funds.PCG emphasized that this IPO not only offers stable fixed dividends but is also priced at USD 1.20 per share, representing a 40% discount to the estimated market value, presenting strong growth potential and mid- to long-term capital appreciation opportunities, and an excellent entry point for overseas investors into the Cambodian capital market.“This is not just PCG’s capital transformation,” said the CEO of PCG during a post-event interview. “It represents Cambodia’s urban renewal and the internationalization of branded real estate. We look forward to partnering with investors from around the world to participate in this visionary urban co-creation movement.”Don’t miss the opportunity to be part of this journey. Register now via this link: https://forms.gle/nJB3TdPRnjgYg47k8

Phnom Penh’s land market in the first half of 2025 is showing signs of a healthy adjustment, according to the latest Cambodian Valuers and Estate Agents Association (CVEA) report. Phnom Penh’s land price has settled at $1,790 per square meter, indicating a more stable foundation for future growth.This adjustment reflects a market that is balancing demand and supply after a period of fluctuations. Understanding land prices at a more detailed level, this article provides a detailed breakdown by Sangkat, offering valuable insights into price variations across different districts of Phnom Penh.It's worth noting that prices vary significantly from one Sangkat to another, influenced by factors such as location, infrastructure development, and local amenities. These differences underscore the importance of considering specific areas when evaluating land investments or development opportunities in the city.Land Price Map of Phnom PenhKhan Min. Price per SQM Max. Price per SQMDaun Penh $1,700 /sqm $11,000 /sqmBoeung Keng Kang / BKK $2,300 /sqm $8,300 /sqm7 Makara $1,800 /sqm $6,700 /sqm Chamkarmorn $1,300 /sqm $6,100 /sqmToul Kork $1,600 /sqm $5,700 /sqmMean Chey $400 /sqm $3,400 /sqm Russey Keo $300 /sqm $2,600 /sqm Sen Sok $200 /sqm $3,100 /sqm Chroy Changvar $20 /sqm $2,600 /sqm Chbar Ampov $50 /sqm $2,500 /sqm Prek Pnov $10 /sqm $1,110 /sqm Por Senchey $50 /sqm $2,200 /sqm Dangkor $20 /sqm $1,790 /sqm Kamboul $20 /sqm $1,200 /sqmIt's worth noting that prices vary significantly from one Sangkat to another, influenced by factors such as location, infrastructure development, and local amenities. These differences underscore the importance of considering specific areas when evaluating land investments or development opportunities in the city.How Were The Prices Collected?The CVEA noted that this report presents an analysis of land prices across all districts in Phnom Penh and builds upon the findings from the first half of 2024 to provide updated average land values for each district.The data was collected using a mass appraisal methodology, which involved distributing questionnaires to a selected sample. The responses were reviewed and consolidated by experienced field experts, including executives from real estate valuation firms and the Valuation Committee of the Cambodian Valuers and Estate Agents Association.The top three districts were Daun Penh, Boeung Keng Kang, and 7 Makara, which all retained their positions with the highest land values, ranging from $3,500 to $6,500 per square meter.The lowest land prices were in Dangkor, Prek Pnov, and Kamboul, which continued to record an average price between $210 and $660 per square meter and showed no notable fluctuations.Head of Valuation Committee & Executive Vice President of CVEA, Sopheak Seng, said, “This trend reflects a movement toward stability, with early signs of future improvement across several districts. The market remains dynamic, influenced by both macroeconomic conditions and urban development trends.”1. Khan Daun Penh Khan Daun Penh consists of 11 sub-districts (Sangkat), including: Boeing Raing, Chey Chumneas, Chaktomuk, Phsar Chas, Phsar Kandal (1,2), Phsar Thmey (1,2,3), Sarah Chak, and Wat Phnom.Below is a breakdown of estimated land price ranges per sub-district (Sangkat) for Khan Daun Penh. 2. Boeung Keng Kang (BKK)Khan Boeung Keng Kang BKK consists of 7 sub-districts (Sangkat), including: Boeung Keng Kang 1 or BKK1, Boeung Keng Kang 2 or BKK2, Boeung Keng Kang 3 or BKK3, Olympic, Tumnup Teuk, Toul Svay Prey 1, and Toul Svay Prey 2. Below is a breakdown of estimated land price ranges per sub-district (Sangkat) for Boeung Keng Kang. 3. 7 MakaraKhan 7 Makara consists of 8 sub-districts (Sangkat), including: Boeung Prolit, Monorom, Mitapheap, Oreusey (1,2,3,4), and Veal Vong. Below is a breakdown of estimated land price ranges per sub-district (Sangkat) for Khan7 Makara. 4. ChamkarmornKhan Chamkarmorn consists of 5 sub-districts (Sangkat), including: Boeung Trabek, Phsar Doeum Thkov, Tonle Bassac, Toul Tumpoung 1 or TTP1, and Toul Tumpoung 2 or TTP2. Below is a breakdown of estimated land price ranges per sub-district (Sangkat) for Khan Chamkarmorn. 5. Toul Kork (TK)Khan Toul Kork or TK consists of 10 sub-districts (Sangkat), including: Boeung Kak 1, Boeung Kak 2, Boeung Salang, Phsar Deurm Kor, Phsar Depo 1, Phsar Depo 2, Phsar Depo 3, Teuk Laok 1, Teuk Laok 2, and Teuk Laok 3. Below is a breakdown of estimated land price ranges per sub-district (Sangkat) for Khan Toul Kork. 6. Mean CheyKhan Mean Chey consists of 4 sub-districts (Sangkat), including: Stueng Meanchey, Boeing Tumpon, Chak Angre Leu, and Chak Angre Krom.Below is a breakdown of estimated land price ranges per sub-district (Sangkat) for Khan Mean Chey. 7. Russey KeoKhan Russey Keo consists of 7 sub-districts (Sangkat), including: Russey Keo, Toul Sangke 1, Toul Sangke 2, Kilometre 6, Chrang Chamres 1, Chrang Chamres 2, and Svay Pak.  Below is a breakdown of estimated land price ranges per sub-district (Sangkat) for Khan Russey Keo. 8. Sen SokKhan Sen Sok consists of 6 sub-districts (Sangkat), including: Phnom Penh Thmey, Teuk Thla, Khmuonh, Krang Thnong, Ou Baek K’am, and Kouk Khlean. Below is a breakdown of estimated land price ranges per sub-district (Sangkat) for Khan Sen Sok. 9. Chroy ChangvarKhan Chroy Changvar consists of 5 sub-districts (Sangkat), including: Chroy Changvar, Prek Tasek, Prek Leap, Koh Dach, and Bak Kheng. Below is a breakdown of estimated land price ranges per sub-district (Sangkat) for Khan Chroy Changvar. 10. Chbar AmpovKhan Chbar Ampov consists of 8 sub-districts (Sangkat), including: Prek Thmey, Prek Ho, Niroth, Chbar Ampov 1, Chbar Ampov 2, Kbal Koh, Prek Eng, and Veal Sbov. Below is a breakdown of estimated land price ranges per sub-district (Sangkat) for Khan Chbar Ampov. 11. Prek PnovKhan Prek Pnov consists of 5 sub-districts (Sangkat), including: Ponhea Pon, Prek Phnov, Samrong, Kork Rokar, and Pon Saing. Below is a breakdown of estimated land price ranges per sub-district (Sangkat) for Khan Prek Pnov. 12. Por SencheyKhan Por Senchey consists of 7 sub-districts (Sangkat), including: Kakap (1,2), Trapeang Krasaing, Samrong Krom, and Cham Chao (1,2,3). Below is a breakdown of estimated land price ranges per sub-district (Sangkat) for Khan Por Senchey. 13. DangkorKhan Dangkor consists of 12 sub-districts (Sangkat), including: Porng Teuk, Prey Veng, Prey Sor, Dangkor, Kraing Pongro, Sak Sampov, Cheung Ek, Prek Kampeus, Spean Thmor, Tean, Rolous, and Kong Noy. Below is a breakdown of estimated land price ranges per sub-district (Sangkat) for Khan Dangkor. 14. KamboulLast but not least, Khan Kamboul consists of 7 sub-districts (Sangkat), including: Kamboul, Kantaok, Ovlaok, Snake, Phlueng Chheh Roteh, Boeung Thum, and Prataslang. Below is a breakdown of estimated land price ranges per sub-district (Sangkat) for Khan Kamboul. The steady average price of $1,790/sqm suggests a market that is maturing and normalizing, making it an opportune time for investors, developers, and buyers to reassess their strategies. The full price breakdown by Sangkat reveals where growth potential is strongest and which areas offer more affordable land options.Overall, Phnom Penh’s land market adjustment in H1 2025 sets the stage for sustainable growth and provides a clearer data-backed roadmap for market participants to successfully navigate the city's future development and achieve long-term, calculated returns.Don't miss out on Phnom Penh's next growth phase, and contact us now at Realestate.com.kh!

Latest Economic Data - Cambodia 2025A string of new economic projections was released as we head into the final financial quarter of 2025, and Cambodia’s economy is projected to moderate this year and into 2026 following the growth experienced in 2024. This is attributed mainly to the impact of US tariffs and regional geopolitical issues, notably the Thailand border dispute.The real estate activity has been described as subdued in some reports, but industry-specific reports suggest it's stabilised after a market correction and bodes well for the long-term future.The ASEAN+3 Macroeconomic Research Office (AMRO) has adjusted 2025 Cambodian growth to 4.9 per cent.The World Bank’s East Asia and Pacific Economic Update suggests Cambodia’s economy is projected to grow by 4.8 per cent this year and 4.3 per cent in 2026.The World Bank added, “Cambodia’s economy remains robust in the face of global headwinds. The World Bank expects the economy to continue growing in the next few years, based on sound economic management by the government, export diversification and commitment to reform.”In response, Cambodian Permanent Deputy Prime Minister Vongsey Vissoth confirmed that Cambodia is now projected to achieve a 5 per cent economic growth in 2025, down from 6 per cent in 2024. He added that GDP per capita is forecast to rise to nearly US $3,000 in 2025, up from US $2,713 in 2024.The latest Business Pulse H1 2025 Survey (see more below) interestingly indicated that across those sectors surveyed, the US tariffs and Thai border situation overall impact was minimal, but the impact on businesses depends on being affected by disrupted supply chains and cancelled orders. There is also a time lag between when that survey was collected and now.According to Japanese media reports, Japanese companies in Cambodia and Thailand have suggested that logistics costs have almost tripled due to the land border closure between Cambodia and Thailand.Cambodian Trade 2025Trade is still a key economic data point for the Kingdom, and Cambodia generated $22.3 billion from exports in the first nine months of 2025, which is an increase of 12.9 per cent compared to the same period in 2024.Stephen Higgins - Managing Partner at Mekong Strategic Capital - posted this past week: “September trade statistics for Cambodia were released, and they tell an encouraging story. The standout trend, and it’s a major positive, is the continued industrialisation of the economy.These are remarkable figures, reflecting both rising investment and deepening manufacturing capacity. They reinforce our long-term confidence in Cambodia’s economic trajectory, even as we expect short-term softness over the next 12 months.”Imports of mechanical equipment are up 52% year-to-date,Imports of Electrical machinery and goods are up 42%Imports of Iron, steel, and articles thereof are up a combined 59%.He stressed that other key data sets to take note of were that Cambodia was “beginning to see the unwind of this year’s tariff distortions” and that exports remain up 13% year-to-date (garments up 19% higher over the year compared to 2024).Imports have also risen in September by as much as 20 per cent and 17% year-to-date, which has widened the trade deficit. He added, “This increase is driven largely by capital equipment, not consumption - a long-term positive signal.”AMRO’s report agrees that the fiscal deficit is projected to widen in 2025, “reflecting the government’s ongoing efforts to normalise public spending following the sharp cuts in 2024”. They added that the public debt is expected to rise to 27.2 per cent of GDP.Business Pulse H1 2025 Survey Launch On Friday, 10 October, EuroCham Cambodia provided the results of the Business Pulse H1 2025 survey. The report is seen as “one of EuroCham’s flagship research projects” and is intended to provide “a data-driven snapshot of business sentiment across Cambodia’s most dynamic sectors - including real estate, tourism, agriculture, consumer products, and finance.”Andries van Straten ran through slides on the performance and revenue results from H1 2025 compared with forecasts, the shifts in business confidence and sector outlooks, key market drivers and challenges shaping growth, as well as the implications and recommendations for private sector strategy and advocacy.In total, the number of people surveyed is quite small, which is worth considering when reading the information below (150 people across 6 priority services, including real estate and construction, which made up nearly one-fifth of the total respondents).Read More - Cambodia's Construction Sector: Key Trends & Investment OpportunitiesThe Eurocham Business Pulse H1 2025 Survey indicated that the real estate sector was showing a cyclical decline, and external factors for the sector, which were seen to contribute to this, included:Delays in projectsReduced demand for industrial and office/Industrial space compared to the heightened demand a few years agoThe real estate sector was showing optimism before H2 2025, but there is more of an across-the-board sector downward outlook for H2 2025 after a very positive outlook at the beginning of the year.We have seen from the recently released Knight Frank’s 2025 H1 Real Estate Report, which broke down the subsectors within real estate, that there are indications that some areas were flat and others will see some moderate growth.That report slightly contradicts the Eurocham survey, as it indicated that Phnom Penh’s office sector had experienced steady growth amid increased supply and changing market dynamics in the first half of 2025.Only one sector in the Pulse report showed a positive trend, and that was Food and Agriculture. Most other sectors were negative or flat. Cambodia exported 596,341 tonnes of milled rice to 69 destinations in the first nine months of 2025, earning $408.93 million, reported the Cambodia Rice Federation (CRF) this past week. The country also exported 5,247,992 tonnes of paddy rice through border trade, generating $1.2 billion.Expansion In CambodiaAcross the board, there was an indication from Eurocham members of a downward trend in terms of any plans for expansion in Cambodia. The one area again which was an exception was the Food & Agri industry, which the presenter noted is undergoing a transition from a commodity-based industry to processing.Cambodia Business Environment & Cost-CuttingMost sectors indicated they have been experiencing a more difficult business environment over the past 18 months and that the optimism from the end of 2024 has changed throughout this year. In terms of showing an intent to cut costs, the real estate sector was relatively flat, but some sectors are showing signs of strain and leading to cutting costs; only financial services showed no indication of this.Two areas to take note of will be an expected uptick in retail spaces contributed by the launch of the new airport in Phnom Penh in September, but a sub-sect is also the new international school campuses being developed in or near the centre of the capital.The latest of these is the KIT Phnom Penh Campus, which was announced recently. They said the new campus will bring world-class, project-based education right to the heart of Cambodia's capital.” Government Reform Impact & Cambodia as an Investment DestinationThe positive impacts from government reforms have been trending downward, except for tourism and financial services, over the past year.  The new Techo International Airport (KTI) will stage its official inauguration ceremony on October 20, and some new airlines and routes are providing optimism for increased tourism numbers. You can find out more about the Top 5 Long-Term Economic Impacts of Phnom Penh’s New Techo International AirportWhen businesses were asked if they would recommend Cambodia as an investment destination, only the Agri and Financial Services were tracked as the biggest promoters based on the Eurocham criteria.The Cambodia Securities Sector released its Development Strategy 2025-2035, which is aimed at addressing challenges and attracting investment into the securities market.458 trusts have now been registered with the Trust Regulator in the first nine months of 2025 - valued at approximately US $385 million.The latest CVEA report confirms the land market is undergoing a healthy adjustment, and the Phnom Penh average price was $1,790/sqm at the end of H1 2025.One final note for property owners among all of the latest releases in Cambodia is that the General Department of Taxation (GDT) announced in October that there is an extension of the 2025 property tax payment deadline to December 31, 2025, which will allow for additional time for property owners in Cambodia to fulfil their tax obligations.

Phnom Penh’s Techo International Airport is a landmark infrastructure project designed not only to modernize air travel but also to deliver substantial long-term economic benefits. By significantly improving logistics, expanding export capacity, fostering urban development, and cultivating an advanced aviation services sector, the airport has the potential to reshape Cambodia’s economic landscape over the coming decades. Learn more about the new Phnom Penh’s Techo International Airport1. Reduce Logistics Costs and Unlock Export PotentialAccording to a World Bank study, Cambodia’s national logistics costs were estimated at about 26% of GDP in 2020, significantly higher than in more developed economies. The Techo International Airport’s Phase 1 capacity is designed to handle approximately 175,000 tonnes of air freight annually, which is a substantial increase over the previous airport’s capacity. This expansion is important for facilitating high-value exports such as electronics, pharmaceuticals, and agricultural products that depend on timely air transport. By modernizing infrastructure and pairing it with customs reforms, like a single-window clearance system, the airport will drastically reduce freight bottlenecks and enhance Cambodia’s international trade competitiveness.Additional reading: Cambodia’s Trade Volume Reaches $50 Billion Amid Strong Growth2. Build an Industrial CorridorThe airport is situated on roughly 2,600 hectares, with plans for an adjacent 5,000-hectare Special Economic Zone (SEZ). This geographic advantage is expected to benefit the development of an aerotropolis, which is a specialized urban area centered on the airport functioning as a logistics and industrial hub. The SEZ will attract investment in logistics parks, e-commerce fulfillment centers, agro-processing plants, and light manufacturing industries, promoting diversification beyond traditional sectors. Passenger capacity is planned to grow from 15 million per year in Phase 1 to 30 million by 2030 and an impressive 50 million by 2050, further intensifying economic activity and regional integration (Airport Master Plan, 2024).Additional reading: Cambodia's Construction Sector: Key Trends & Investment Opportunities3. Develop the Aviation Value Chain with Skills and ServicesBeyond transportation, the airport is expected to enhance Cambodia’s aviation industry depth by hosting a Maintenance, Repair, and Overhaul (MRO) center developed jointly with Singapore Airlines Engineering. This initiative will create skilled, high-paying jobs and keep aviation-related expenditures within the country, rather than outsourcing them abroad. The MRO center will be complemented by future expansions in cargo handling, catering services, flight training academies, and ground support operations, enabling Cambodia to move up the aviation value chain and build a sustainable aviation cluster (SIA Engineering Partnership, 2024).4. Stimulate Tourism and Trade SpilloversTourism is a powerful economic driver for Cambodia, with 6.7 million international visitors recorded in 2024. The new airport functions as a more efficient and larger gateway capable of attracting additional airlines and direct flight routes, improving international connectivity. Cambodia is experiencing a significant increase in direct international flight connections, featuring recently established or announced routes from Turkey, Saudi Arabia, Japan, India, South Korea, and the United Arab Emirates, alongside new destinations in China, such as Shenzhen.Additional Reading: What’s New for Travellers in Cambodia 2025: Essential UpdatesThis enhanced access will not only boost visitor numbers but also facilitate foreign direct investment (FDI) scouting trips and international business travel, leading to increased trade opportunities and economic diversification. The airport’s efficiency improvements are likely to encourage more enterprises to base their regional operations in Cambodia, thereby multiplying the economic effects of tourism through broader tradable sectors.5. Improve Urban Development and Land ValueAirports commonly serve as anchors for new economic sub-centers and urban expansion. Phnom Penh’s Techo International Airport is no exception. Government plans include capturing increases in land value through long-term leases and developer obligations in order to finance critical urban infrastructure such as rail links, bus services, and expressways connecting the airport with the city and other economic zones. Extra Reading: How Techo International Airport Will Boost the Economy, Travel, and Real EstateThese funds will be reinvested into public transit, utilities, and workforce development, creating a self-sustaining cycle of growth and urban modernization. The integration of the airport into a multimodal transport network is crucial to maximize its economic footprint and nurture balanced regional development (Government Infrastructure Plan, 2024).Essential Policy Measures and RisksTo unlock the airport’s full economic potential, several policy and infrastructure priorities must be addressed:Seamless Connectivity: Delivery of rail and expressway links to minimize transit times and ensure smooth passenger and cargo movement.Trade Facilitation: Implementation of 24/7 customs clearance and single-window systems to reduce administrative delays and costs.Targeted Foreign Direct Investment Attraction: Focusing on sectors like cold-chain logistics, pharmaceuticals, and e-commerce that benefit from air freight capabilities.Aviation Cluster Development: Supporting the growth of MRO centers, flight schools, and aerospace parts distribution hubs locally.Transparent Governance and Financing: Utilizing public-private partnerships (PPPs) and land value capture mechanisms to finance expansions and maintain fiscal sustainability.Potential risks include delays in transport link construction, under-utilization if attracting airlines and cargo companies falls short, and fiscal risks if capital expenditures outpace the growth in airport traffic.Phnom Penh’s Techo International Airport represents much more than just an architectural landmark. When combined with logistics reforms, targeted investment, and integrated transport infrastructure, it has the capacity to lower operational costs, upgrade Cambodia’s export sectors, foster aviation-related technical skills, and stimulate urban and industrial growth. This transformation will structurally enhance Cambodia’s GDP growth over the long term and establish the country as a competitive regional hub in Southeast Asia. Check out our website at realestate.com.kh for more updates!ReferencesNikkei Asia. Phnom Penh's new airport opens with the ambition to become a hub. Available at: https://asia.nikkei.com/Business/Transportation/Phnom-Penh-s-new-airport-opens-with-ambition-to-become-hub.SIA Engineering Company. SIA Engineering Company to form Joint Venture with Cambodia Airport Investment Co., Ltd. Available at: https://www.siaec.com.sg/content/dam/siaec/web-assets/pdfs/press_release/30May2023.pdf.VINCI Airports. Cambodia Airports operations. Available at: https://www.vinci-airports.com.World Bank. Cambodia logistics costs and LPI ranking. Available at: https://www.worldbank.org/en/country/cambodia/publication/logistics-performance-index.

After much fanfare, the Techo International Airport (KTI) commenced operations with Air Cambodia’s flight K6 611 from China to Phnom Penh on September 9, 2025.The first flight was greeted with an official ceremony, and there are high hopes that the multi-billion-dollar airport will open the Kingdom to the far reaches of the globe and form part of Cambodia’s new gateway to the world.The Techo International Airport (KTI) was reported to have been averaging 130 flights and 15,000 passengers daily in its first week of operation, according to the State Secretariat of Civil Aviation.September 8, 2025, also marked the end of the operation of services for commercial flights to Phnom Penh International Airport, which resulted in an understandable outpouring of serendipitous memories for an airport which has been operating for nearly seven decades, having opened on January 19, 1959. Part of the charm of the airport, right until its closure, has been its ease of accessibility and, from a passenger's point of view, the speed at which you could enter and exit.So will the KTI fulfil its enormous expectations and pay dividends on the $1.5 billion being spent on the first phase of the airport, which has an initial capacity of 13 million passengers per year and is designed as a 4F-class facility, able to handle the world's largest aircraft. But are those aircraft coming, and will 13 million passengers be passing through the brand new gates? Find out more about the Techo International AirportWe Should Celebrate the Airport’s DesignThe airport is getting praised for its design, which has embraced the Kingdom’s heritage and culture and incorporated elements of the tropical climate, local landscapes, and more..The airport was conceived by UK-based Foster+Partners, the firm behind London’s Millennium Bridge, Hong Kong’s HSBC Building, and Apple Park in Cupertino. They won a Grand Prix at the World Architecture News | World Interiors News Awards.The local branded F&B and retail outlets have also embraced innovative designs - the design and architecture of the retail outlets are magnificent at the airport. Cambodia Airports is operating KTI, and Lagardère Travel Retail won the tender to operate a 12-year concession of Duty Free & Fashion, Foodservice and Travel Essentials at the airport.Some retail outlets include: Brown TIA Art View, Bodia Spa, Senteurs d’Angkor. Amazing Cambodia and its sister brand “ I Love Cambodia”.How Urbanisation is Transforming Cambodia's Real EstateMore Flights, More Visitors, Great Expectations - Techo International AirportPrime Minister Hun Manet said at the launch, “The aviation sector is one of many ways to connect tourists, businesses, political networks and multi-purpose missions. As a major source of national revenue, it is driven by targeted policies to attract investment, strengthen diplomatic relations and promote other destinations.”Sin Chansereivutha, spokesperson for the State Secretariat of Civil Aviation (SSCA) of Cambodia, said the airport is currently served by 28 airlines, including four domestic and 24 foreign carriers. The number of airlines operating from Phnom Penh in 2019, at its peak, according to SSCA, was at least 29 and 44 airlines served Cambodia's three international airports then.Will the airport match the hyperbole being reported in the media and open new gateways to new regions of the world? Many of the flights and airlines that were going to operate new routes were announced ages ago but are still being reported as breaking news. No real new market has yet been unlocked - with Europe, the Americas and Australia high on the wish list.The Cambodia Tourism Board (CTB) said the aviation sector is on track to hit a historic milestone and is undergoing a transformative era due to the surge in flight operations and the expansion of international connectivity. They anticipate that Cambodia will welcome 31,579 flights in 2025, a 14.2 per cent increase from 27,638 flights in 2024, and passenger seats represent a similar percentage increase. 2024 is not the high mark by which we should be benchmarking record growth - something that has been repeatedly sounded out by analysts. In 2019, Cambodia had approximately 58,354 total flight movements.The airport does have huge potential, though, and the ability to cater to larger aircraft flying from farther afield should unlock those new markets. Once those happen, we could see the real benefits being realised.Turkish Airlines will begin flights from Istanbul to Phnom Penh on December 10, 2025 - the wording from the airline suggests the flight will have a stopover in Bangkok, so it's not direct.Etihad Airways will launch a direct flight from Abu Dhabi to Phnom Penh on October 3, 2025 - this was announced as far back as November 2024. Airlines have been offering promotions on routes from the new airport to try and entice business with discounted prices. There remains confidence in the potential of Cambodia as a market and a perceived willingness from investors and passengers to discover the Kingdom of Wonder.The Ministry of Tourism believes as many as 8 million international visitors could be arriving by 2028 nationwide, which would outstrip the 6.61 million in 2019.What Can Passengers Expect  - Techo International Airport Officially, we are still in the soft launch period, and the official inauguration ceremony of KTI will take place on October 20, 2025. Hopefully, the teething issues can be addressed, but by most accounts, passengers will enjoy a more contemporary and smooth entry and exit from the country.Security Measures & E-GatesPassengers at the newly built Techo International Airport will witness Cambodia police officers using Segways within the terminals. The smart gates have also been installed, although a common sight at many airports globally, they are new for Phnom Penh, and at the time of the launch, only passport holders of certain countries can use the e-gates at immigration. This is due to be expanded in the future, but currently these can be used by passport holders from ASEAN, five additional countries from Asia (China, Macao, Hong Kong, Japan, South Korea), as well as the US, Australia, UK, France and Germany.Read Up On How to Get a Visa for Cambodia: 2025 GuideHow To Reach Techo International Airport (KTI) by Public TransportThe airport sits about 26 kilometres from the riverside area of the capital. The concerns for many from the get-go have been the potential hassle, length of time and cost to access the new airport compared to Phnom Penh International Airport.KTI Airport Express Bus: Routes, Costs and FrequencyThe buses are operated by the Phnom Penh City Hall, and the ticket price for the Airport Express Bus is 1500 Riel (equivalent to about US$ 0.37 per trip), operating from 5:30 to 23:30. The 14 buses in operation are due to arrive at the station every 10-15 minutes. Luggage spaces are also provided on the buses. It was widely reported at the time of the launch of operations that many curious Cambodians were using the buses and their own transport to visit the airport, which led to traffic issues.. All of this should have been foreseen, as it's in line with other new infrastructure projects being launched, which generated ample curiosity. For those who are looking to park at the airport, parking for all types of vehicles at Techo International Airport will be charged according to set hours.𝗥𝗶𝗱𝗲-𝗛𝗮𝗶𝗹𝗶𝗻𝗴 𝗔𝗽𝗽𝘀Ride-hailing apps offer transport options and are available from Grab, Move, WowNow and PassApp, with estimated costs to the riverside area (as a reference):63,000 Riels (US $15.75) for a standard car (up to 4 passengers)30,000 Riels (US $7.50) for a tuktuk64,000 Riels (US $16) for an electric taxi𝗖𝗮𝗿 𝗥𝗲𝗻𝘁𝗮𝗹 𝗦𝗲𝗿𝘃𝗶𝗰𝗲Cars can also be rented at the Arrival Hall of Techo International Airport, but rates are not currently available.What’s New for Travellers in Cambodia 2025: Essential Updates

A partnership between Japanese and Cambodian investors is set to bring a new 65-story landmark to Phnom Penh called The G.A.T.O. TOWER. Located in the Boeung Keng Kang 1 district, this $100 million project will feature a luxury hotel and residential condominiums. It's designed to introduce a new standard for urban living in the city.This joint venture is led by MIRAKU Capital & Development Co., Ltd., with key partners including Mr. Nagato Daiko from Japan and local investors Mr. Nhim Reasey and Ms. Nao Sokuntheary. They chose Phnom Penh for its strong growth potential and economic stability. The project's design is being handled by the renowned Japanese firm Shin Takamatsu Architect & Associates. Construction is expected to begin in early 2026 and wrap up by 2030.The G.A.T.O. TOWER is designed to offer a blend of luxury and convenience. It will include a range of high-end amenities such as:A fitness center with a steam and saunaA garden and children's play areaA private lounge, coffee shop, and co-working spacesThe top floors will house premium condominium units, with floors 60 to 64 dedicated to luxurious penthouses. At the very top, a sky bar and rooftop pool will provide panoramic views of the city. To ensure top-tier service, the building will be managed by Cambodian firm WH Living & Properties Co., Ltd. in collaboration with Japanese experts.More than just a real estate project, G.A.T.O. TOWER is viewed as a symbol of the strong friendship and cooperation between Cambodia and Japan. Project marketing director Ms. Kawasaki Masako noted that the tower is expected to create local jobs and contribute to the city’s vibrant architectural landscape, helping shape Phnom Penh’s future as a dynamic capital.For more information, please contact Realestate.com.kh, your number one real estate portal here in Cambodia.

The construction industry remains a vital engine of Cambodia's economy, playing a crucial role in GDP growth and job creation. While the sector experienced some fluctuations, it continues to attract significant investment, especially in infrastructure and industrial projects. Cambodia attracted fixed-asset investment of $7.8 billion between January and September 2025, which represents a year-on-year rise of 47 per cent, according to the Council for the Development of Cambodia (CDC).In 2024, the government approved 414 investment projects valued at approximately $6.9 billion, a substantial 40% increase compared to 2023.For the first nine months of 2025, there are 546 approved investment projects representing a 73 per cent increase from 315 projects over the same period last year.This growth is a strong indicator of rising investor confidence and a shift toward larger, more impactful developments, but the economic forecasts are also under revision.The Asian Development Bank (ADB) has now revised Cambodia’s growth outlook for 2025 and 2026, but added that Cambodia’s economy remains resilient and is expected to sustain nearly 5 per cent growth.Read more: How Urbanisation is Transforming Cambodia's Real EstateKey Growth Drivers & Market TrendsCambodia's construction boom is fueled by several key factors, but the market is also undergoing a period of correction, particularly in the residential and commercial sectors.Infrastructure Development: Large-scale infrastructure projects are the main drivers of growth. The government's Comprehensive Intermodal Transport and Logistics System master plan (2023-2033) outlines 174 priority projects requiring over $36.7 billion in investment. Key projects include the upcoming Techo International Airport, the ongoing construction of the Phnom Penh-Bavet Expressway, and the Funan Techo Canal, which are designed to enhance connectivity and trade.In an update released in October 2025, Cambodia still requires a total investment of $3.25 billion to strengthen its river transport network and water logistics system. There are 23 river transport projects due to be launched under CITLS, according to the First Half Progress Report 2025.The new report added that six short- and medium-term projects have commenced, while ten remain on hold due to funding shortages.Additional reading: Top 5 Infrastructure Projects Changing A NationIndustrial and Logistics Sector: This sector is experiencing a significant surge, driven by the expansion of Special Economic Zones (SEZs) across the country, especially in Sihanoukville. Foreign investment is increasingly targeting the development of factories, warehouses, and logistics hubs to support Cambodia's manufacturing base. This is partly a result of companies relocating to Southeast Asia to diversify their supply chains.Residential and Commercial Market Correction: While the high-end condominium market faces challenges from oversupply and reduced foreign demand, there's a growing focus on the affordable housing segment. This trend is driven by the country's rising urban population and the demand for more accessible residential options. Similarly, the commercial office and retail sectors are seeing stable occupancy rates but are navigating an influx of new supply.Foreign Investment and Regulatory FrameworkForeign direct investment (FDI) is crucial to the development of Cambodia's construction sector. China remains the largest investor, though its share has recently declined, signaling a more diversified investment base from countries like Vietnam and Singapore.Land Ownership & Legal Avenues: The legal framework for foreigners remains consistent: direct land ownership is prohibited. However, investors can acquire long-term leases of up to 50 years, often with renewal clauses. A common and popular strategy for foreign investors is to form a joint venture with a Cambodian partner, where the foreign entity holds up to 49% ownership of the company.Permit and Approval Process: The Ministry of Land Management, Urban Planning, and Construction (MLMUPC) oversees construction permits. The process duration varies based on project size, with large-scale projects requiring up to 45 working days for approval. The government has introduced measures to streamline this process, including a one-year waiver of fines for certain housing projects to encourage compliance.Investment Incentives: To attract more foreign capital, the government offers incentives through the Qualified Investment Project (QIP) scheme. This includes income tax exemptions for up to nine years and customs duty exemptions for imported construction materials and equipment. The promotion of Public-Private Partnerships (PPPs) is another key strategy, allowing foreign investors to collaborate with the government on major infrastructure and urban development projects. Emerging Opportunities and OutlookThe Cambodian construction industry is poised for continued growth, albeit at a measured pace. The focus on infrastructure, industrial expansion, and affordable housing will drive the market.Technological Adoption: The sector is gradually embracing new techn ologies to improve efficiency. This includes the use of Building Information Modeling (BIM), drones for site surveying, and advanced construction management software.Read more: How Technology is Transforming Cambodia’s Real Estate MarketSustainable Development: There is a growing emphasis on green building practices and sustainable development, which aligns with international standards and attracts environmentally conscious investors. The Siem Reap Smart City Initiative is a prime example of this trend, balancing modern development with cultural preservation.Sihanoukville's Revival: Sihanoukville is seeing a significant revival, with a notable increase in approved project value. This is partly due to the government's Special Investment Promotion Program as well as the 10-year development masterplan, which aims to revitalise stalled projects and attract new capital. The latest update from the Royal Government of Cambodia indicated that special incentives to 17 additional investment and business projects with an investment capital of $257 million had been approved in Preah Sihanouk province.Read more: Why Sihanoukville Is Cambodia’s Top Destination for Infrastructure InvestmentThe Cambodian construction sector is at a key moment. While some sectors are slowing down, the industry as a whole is strong and growing. The government is focusing on building important infrastructure, creating industrial areas, and providing affordable homes. This, along with new regulations that help investors, is creating a more stable and balanced market. For both local and international investors, understanding these changes and finding new opportunities, from large-scale projects to the revival of Sihanoukville, will be essential for long-term success. As the country continues to grow, the construction industry will not only change its cities but also its economy for years to come.Ready to take advantage of Cambodia's changing real estate and construction market? Whether you're a big-time developer, a new homebuyer, or a foreign investor, Realestate.com.kh is here to help. As the country's top real estate portal, we offer the most complete listings, the latest market information, and the expert advice you need to make smart choices.Contact us today!

Sihanoukville, September 9th, 2025 – Canopy Sands Development, a leading force in Cambodia's real estate landscape, proudly announced the grand opening of the IFC Building yesterday, a huge achievement for Sihanoukville as it is the area’s first-ever Grade A office building, built to be environmentally friendly with a special LEED certification.The IFC Building is a key part of the much larger US$16 billion Bay of Lights project. This massive coastal project is designed to transform Sihanoukville into a major hub for finance and tourism. It will create a vibrant area with financial services, world-class tourism, education, entertainment, and more, all of which will contribute to Cambodia's economic growth.David Richard Dobson, Senior Director of Investment at Bay of Lights, said:"Almost five years ago, the Bay of Lights was just a concept, a vision to build a new city. The opening of the IFC Building today marks a key milestone, proving that with patience, planning, and consistency, we are steadily bringing this dream to life. This building is a testament to what can be achieved when diverse teams come together with a shared purpose. With the support of the Royal Government of Cambodia, it will strengthen Cambodia’s role in the global economy, create jobs, and offer future generations greater opportunities than ever before!"Read more: The ultimate guide to Sihanoukville’s Bay of Light by Canopy Sands DevelopmentMany important guests and officials attended the opening ceremony, all excited to see the beginning of a new chapter for Sihanoukville. The IFC Building shows Canopy Sands Development's commitment to building top-quality projects that will attract major businesses and help the local economy thrive.Canopy Sands Development has also announced plans to build two Hotel101 hotels in Cambodia, one in Phnom Penh and one in Sihanoukville, both set to be finished in 2028. The Hotel 101- Phnom Penh is expected to be the biggest hotel in the country by room count. These hotels will feature standard "HappyRoom" units and offer an investment model called "condotel," where people can buy a unit and share in the rental income, which is professionally managed.Read more: DoubleDragon's Hotel101 Enters the Cambodia Market with Developments in Phnom Penh and SihanoukvilleThe opening of the IFC Building is a strong sign of Canopy Sands Development's dedication to creating a bright future for Sihanoukville and all of Cambodia.Looking to know more about the IFC Building or any property in Sihanoukville?  Explore the best real estate opportunities and find your perfect property with Realestate.com.kh, your No.1 real estate portal here in Cambodia. Read more: Why Sihanoukville Is Cambodia’s Top Destination for Infrastructure InvestmentAbout Canopy Sands Development: Canopy Sands Development is a leading property developer in Cambodia. They create big projects that boost the economy and improve people's lives. Their main project, the Bay of Lights, is set to turn Sihanoukville into a world-class financial and tourism destination.

Last week, we looked at the latest Cambodia Real Estate Highlights H1 2025 report and data from Knight Frank Cambodia with a focus on Phnom Penh. This time, we review the trends and statistics for Sihanoukville and Siem Reap.Knight Frank singled out the coastal city of Sihanoukville as one to watch as it continues to rise as a future gateway city, driven by infrastructure and port development.Siem Reap Tourism Knight Frank said in their report that Siem Reap’s tourism recovery in 2024 continued into the first half of 2025 to start with, but unsurprisingly, by Q2 2025, the numbers were being impacted by the closure of the Cambodia-Thailand land border and ongoing tensions.Almost half of all international arrivals (which really means regional) arrived in Cambodia by land and sea borders, so the closure of the border will continue to have an adverse impact, as most visitors travelled overland from Thailand.In the long term, a lot of hope and optimism is being placed on the success of the new Techo International Airport in the capital, which launches in September 2025, as well as the existing Siem Reap-Angkor International Airport. The report suggests this needs to be reinforced by efforts from various sectors and the Cambodian government to promote Siem Reap and arrange meaningful events to attract visitors. Initiatives such as the Angkor Sankranta 2025, the Green Season Campaign and Cambodia-China Tourism Year 2025 are all underway but “the development of more tourist attractions to encourage tourists to visit Cambodia, whilst increasing the average length of stay” is needed.Ticket sales and visitors to the Angkor Archaeological Park have been showing improvements year-on-year since the pandemic, and visitors primarily came from China, the United States, the United Kingdom, Australia, France and Japan, but the numbers for the second half of 2025 should again show the impacts of the Thailand situation. Read More - What’s New for Travellers in Cambodia 2025: Essential UpdatesSiem Reap Residential Sector H1 2025The area showcased landed housing developments and modern borey developments, but the “market faced slow absorption rates for units further from the city centre”. Condominiums outperformed landed housing sales in Siem Reap, and the residential rental market experienced a moderate recovery, too. The sales performance of landed housing developments located more than 10 km from the Siem Reap city centre was minimal.The smaller population of 250,000 indicated minimal demand from the Cambodian residents for residential property, and “many opted to buy land and build their own accommodation”, said the report.There were a total of 3,849 landed housing units across 27 projects, priced from US$430 to US$1,700 per sqm of gross floor area.An additional 1,709 units are expected to enter the market from 2025-2028.Condominiums were priced between US$1,100-2,700 per sqm.Gross rental yields were 6-7 per centSiem Reap Hotel Sector H1 2025There were signs of recovery, but the sector will show a downward trend in the second half of the year due to the aforementioned issues.The report states that there are limited hotels in the development pipeline, and the projects underway are: Angsana Siem Reap (due H2 2025), PARKROYAL (2027) and Rosewood Siem Reap is also anticipated “but remains unconfirmed”. Siem Reap’s hotel supply was 9,584 rooms.Most of this supply is in Svay Dangkum (51%) and Sla Kram (29%)Siem Reap Retail Sector H1 2025The Siem Reap retail sector continued to face challenges, and one of the reasons was that a majority of tourist arrivals were budget travellers.The retail supply has been reduced by 20,920 square meters in the past couple of years due to ‘underperformance in some retail malls and a growing interest in opening locations along main roads in traditional shophouses’.Malls such as Angkor Fashion Plaza, Thai Huot Supermarket, and Angkor Trade Center have ceased operations.Angkor Market has expanded, while The Heritage Walk, CDF Angkor Duty Free, Asia Plaza and Makro Siem Reap are “in operation with a healthy performance.”The Pizza Company, Swensen’s, Dairy Queen, Domino’s Pizza, Tummour, KFC, Burger King, Brown Coffee and Temple Coffee & Bakery have established outletsThe report adds that there could be growth “in targeted local expansions and new businesses that focus on providing intimate customer experiences”. Sihanoukville H1 2025The city has shown signs of a recovery, but the outlook remains mixed for Sihanoukville even though the area serves as the centre for trade and logistics and is a hub for manufacturing and industrial sectors, as well as tourism.In addition to the ongoing infrastructure projects, other industrial projects were approved in Preah Sihanouk Province, as well as more special economic zones (SEZs).Up to May 2025, 297 projects worth $7.03 billion will receive in principle approvals and tax incentives as part of a beautification initiative for Sihanoukville.The land market has been slow, and there remains uncertainty about long-term recovery.Sihanoukville Residential Sector H1 2025The residential sector was subdued due to limited new demand and because of the smaller population in the region. The residential market is not yet seeing an uptick in activity.11,742 units across 21 projects were recorded in the existing supplySome beachfront developments have attracted buyersIf all current projects resume over the next five years, the condominium numbers could reach 31,824 units by 2029Only one condominium project was launched in Sihanoukville in H1 2025 - Time Square 10 Ocean ViewThere is a total of 1,757 landed housing units in Sihanoukville's existing stockMoving forward, there remain headwinds and developers “will focus on finishing or repurposing existing projects instead of starting new ones,” explained the report. It also said that developers should prioritise affordable housing targeted at local Cambodians.Read More - DoubleDragon's Hotel101 Enters the Cambodia Market with Developments in Phnom Penh and SihanoukvilleSihanoukville Hotel Sector H1 2025Sihanoukville is undergoing a transformation in the hotel sector due to the entry of international brands with increased room capacity.The existing supply of hotel rooms was recorded at 12,243 keys.Approximately 10,084 new hotel rooms are expected to be added to the market over the coming years.Two international hotel brands entered the market in H1 2025Hotel room distribution is concentrated in Sangkat Boun (47%) and Sangkat Bei (44%) of the total capacity.The long-term outlook is “cautiously optimistic” as the Royal Government of Cambodia tries to address challenges and develop infrastructure to improve connectivity to Sihanoukville. You can read more insights into the Investment & Market Analysis - Cambodia Condominium Report’s Webinar.Industrial & Commercial Sectors - SihanoukvilleReal estate and gaming account for less than 20% of total FDI inflow in Sihanoukville, which is markedly lower than 60% in 2019. Sihanoukville is focused on its industrial activity in SEZs and the deep-sea port. Overall, there is a “shift from a short-term speculation destination to a key hub for industrial logistics, advanced manufacturing, and sustainable tourism.”The commercial landscape showed an increase in activity, and the office and retail sectors saw “significant developments” with the office sector seeing record new completions during H1 2025.The existing supply of office space totalled approximately 192,390 sqm of net leasable area (NLA) - reflecting a consistent trend of growth.There is an additional 71,309 sqm of office NLA recorded in the development pipeline.Retail space supply was recorded at 92,718 sqm of NLA.The retail supply is expected to increase by 62,933 sqm over the coming years.The same challenges exist in terms of geopolitical tension, but the infrastructure projects could mitigate some risks, as the province is positioned to be a logistics hub, which should increase demand for both office and retail space.

PHNOM PENH - September 4, 2025 – Realestate.com.kh, Cambodia’s leading real estate portal, proudly announced the signing of a Memorandum of Understanding (MOU) with Cambodia Insight, the fastest-growing digital and print news platform dedicated to Koreans living abroad. The signing ceremony took place at the Connect Center, marking a significant step in Realestate.com.kh’s strategic global expansion, with a particular focus on the vibrant Korean market.Realestate.com.kh has consistently pursued international market expansion, identifying Korea as one of our key growth areas. Following this collaboration, Realestate.com.kh is confident that this new partnership with Cambodia Insight will similarly bolster its outreach and service offerings to Korean investors and residents interested in the Cambodian property market.(Tom O'Sullivan, CEO of Realestate.com.kh)Tom O'Sullivan, CEO of Realestate.com.kh, expressed his enthusiasm for the partnership: "At Realestate.com.kh, we are passionate about educating both local buyers and international investors on the Cambodian property market—helping them invest with confidence through our internationally trained agents and by working exclusively with trusted developers. Each year, we channel millions of dollars into Cambodia’s economy, contributing to the nation’s ongoing development and growth.With the launch of our Korean Desk through Cambodia Insight, we are excited to broaden our reach even further. This initiative allows us to connect with a wider audience and ensure Korean investors are fully informed before making decisions when navigating the real estate market."(Joohee Choi, CEO of Cambodia Insight)Joohee Choi, CEO of Cambodia Insight, also agrees with these sentiments: "Cambodia Insight is committed to empowering the Korean community with timely and accurate information about Cambodia and the broader ASEAN region. Our partnership with Realestate.com.kh allows us to expand our service offering to include critical insights into the real estate sector, which is of great interest to many of our readers. We are delighted to collaborate with a market leader like Realestate.com.kh and look forward to providing our audience with unparalleled access to property trends and investment opportunities in Cambodia. This alliance underscores our dedication to fostering deeper connections and facilitating informed decisions for Koreans living abroad, for sure!"By combining Realestate.com.kh's extensive property listings and market expertise with Cambodia Insight's influential media platform, this partnership is expected to increase transparency and trust for Korean investors, making the process of investing, relocating, or understanding Cambodia's dynamic property market more accessible than ever before.