(The Kingdom of Cambodia’s rapid real estate development has been a boon to land-owners across the country. Photo by Ly Vanna.)One of the first things you learn in real estate is that land value continuously appreciates. In the Kingdom of Cambodia, this has become more apparent.This is especially true in the rapidly developing urban population centres (such as Phnom Penh and Sihanoukville) and major public infrastructure works (such as National Road 3, and the road projects in Kampot and Sihanoukville, or near national planned airports etc).According to CBRE’s Fearless Forecast 2020 report, land prices across Phnom Penh’s districts rose significantly. The districts of Daun Penh, Chamkarmon, and 7 Makara have seen the largest appreciation as these started the decade with prices around 2,000 USD per sqm.These same districts saw prices of ~6,000 USD per sqm in 2019; a 200% increase in value. Toul Kork, one of the most recently developed districts in Phnom Penh, has spiked in land value - from ~1,000 USD per sqm in 2010 and closed 2019 at an average price tag of around ~3,500 USD per sqm.(Phnom Penh's land prices have been on a steady increase since 2010. Source: CBRE Research 2021)Property in the countryside has risen as well due to the rehabilitation of major road networks. In the Kandal province, for example, the price per square metre of land was reported to cost $5 USD. But when road works began for the National Road 3, prices spiked to $13 USD per sqm. That may not sound like a lot compared to prices in Phnom Penh, but you have to remember that land in the countryside is purchased in hectares and not at a few hundred square metres.The uptick of land purchases and developments are showing no signs of slowing down anytime soon either. And that’s why you should consider buying landed property while they’re still affordable and profitable!Read the latest on why investing in Cambodia is a great idea.But before you buy, let’s understand the factors influencing the appreciation of land values.Why does land value appreciate?(The inherent value of land is tied with the versatility it provides when it comes to development.)Land has intrinsic valueLand has unquestionable intrinsic value since it can always be used for something that can produce valuable goods and services - something the Cambodian government, the private sector, and a few enterprising individuals in the countryside duly understand.For a better understanding of how intrinsic the value of land is, let’s take a look at cryptocurrency as a store of value. Without anyone accepting cryptocurrency as a medium of exchange, it cannot be used to produce anything else.On the other hand, even if land cannot be used as a medium of exchange, it can be used to build a house or a condominium that can be rented out. It can also be built into a mall to house shops selling a variety of products. If you don’t have any capital, you have the option of converting the land into a simple parking lot where you can charge cars for parking fees.With a few improvements here and there, a land’s inherent value further increases when there’s adequate infrastructure - which leads us to our next reason.Availability of infrastructure(Electricity in the Kingdom is of particular importance to continue its industrial growth.)Underdeveloped infrastructure isn't a problem unique to Cambodia, it still does greatly influence the development and pricing of property in the Kingdom. This holds true in major economic hubs like Phnom Penh and Sihanoukville - cities which are seeing the fastest rates of development of residential, commercial, and industrial projects which stretch the capacity of existing infrastructure to support them.For landed property developers, such as boreys, some developers have to construct their own electric/water supply infrastructure, further driving up the cost of the development.Land, by itself, is mostly useless for most modern-day purposes. This highlights the need for adequate infrastructure to support residential, commercial, and industrial endeavours. In particular, infrastructure for electricity and running water are key factors in the viability of any residential or commercial prospect.Hence, land property with access to the necessary electric and water supply makes for a valuable purchase for most developers.Location, Location, Location(Real estate is business, and business is heavily dependent on location.)As Mark Twain once said, “Buy land, they’re not making it anymore”.There is only so much land available that’s proximal to any city centre. The areas around the busiest and most populated parts of a city or a province will be most sought after due to their proximity to where people want convenient access to. As a city like Phnom Penh expands, it only follows that the accompanying land prices surrounding its busiest commercial and most popular residential areas rise as well.4 Reasons you should consider buying land property todayLand appreciates, your money does not. As Cambodia grows, so does its need for more residential, commercial, and industrial development. More projects from the government and private sector will be unveiled hence buying bare plots of land today, at incredibly low prices, can be a good means of protecting your wealth from inflation and grow it at a pace no savings account ever will.Read here if you want more advice on what you need to know BEFORE you invest in Cambodian land.Here are a the FOUR main reasons why you should consider buying land in the Kingdom:1. Boreys are becoming more popular in Cambodia(Boreys are gated communities in Cambodia offering shophouses, linked houses, and villas to the local real estate market. Phorn Seiha / Realestate.com.kh)Boreys have become increasingly popular among Cambodians as these gated communities provide a sense of community and security to their residents. Amenities such as parks, pools, and activity centres also have value-added appeal to buyers. Developers have also taken interest in the mid-range market to appeal to more Cambodians looking to buy a home.To give you a measure of how popular Boreys are, let’s crunch some numbers: According to Knight Frank’s H1 2019 report, there were a recorded 51,278 Borey houses distributed across 131 Borey developments in Cambodia. By the end of that period, there were 18 more Borey developments launched with more than 22,500 units expected to be added by 2021. Borey developers are also seeing up to 80% sales rates for their projects.In a few years’ time, more than 80,000 Borey units consisting of villas, shophouses, and linked houses will be available to local buyers. It probably goes without saying, that’s a lot of landed residential property coming into the market very soon.2. Rehabilitation of national roads(The rehabilitation of National Road 3 has caused surrounding land prices in the Kandal prices to increase. Photo by Valinda Aim from Khmer Times.)Development is stretching outward the major economic centres (Phnom Penh, Siem Reap, and Sihanoukville) every year. The Cambodian government has announced several major road rehabilitation projects stretching out of Phnom Penh, most notable of which are National Road 2, National Road 3, and National Ring Road 3.It’s also important to note that each of these major national roads is linked with other national roads leading to other parts of the country. It would be best for you to consult your local google maps to see where you can potentially buy land.3. Less management requiredMaintaining an empty plot of land doesn’t require much work or attention. As opposed to managing a business or rental property, all an empty plot of land probably needs is a fence and the ocular inspection every now and then, or maybe even a post to say that someone owns the property.Either way, maintaining a plot of land has comparatively fewer headaches than most other investments.4. Competition doesn’t existNo two pieces of land are exactly the same. At least one or more major factors (available infrastructure, access to roads, proximity to the city centre, land quality, etc.,) will always be different.Comparing that to condominium or borey property developers - who have to spend a lot on marketing their projects - you as the owner of a bare plot of land will not have to go through the same level of competition to acquire a buyer.What to do with the land you bought in Cambodia(Respondents from the Realestate.com.kh Consumer Sentiment Survey indicate they would buy real estate property as an investment over as a place of residence.)As anti-climactic as it may sound; this entirely depends on you. Many people, according to realestate.com.kh’s consumer sentiment survey, indicated that they wanted to buy land property mainly for investment purposes. In a story previously posted on realestate.com.kh, a resident of Kampong Speu along with his friends bought several plots of land around National Road 3 prior to the announcement of its rehabilitation. They expected their investment to profit in a few years but little did they expect they would more than double their earnings in just a few months once the government officially announced the rehabilitation project.If you’re not savvy when it comes to flipping land, and you don’t have a home to call your own, there’s always the option of using the land you own to finance a house.There’s also the additional option of leasing your land. This is a different process altogether but it’s essentially renting your property to an individual or entity that can make better use of it. This keeps you as the owner of the land while you’re paid fees for simply owning property.Again, this entirely depends on the land you have and what your future goals are. If you want to get started, you may check our listings page for properties you may be interested in!Stay up-to-date on the real estate industry in Cambodia and get real-time updates on real estate news as they happen. Download the Realestate.com.kh App now!Article by:

Transferring money to Cambodia is a straightforward process, but it is important to have the correct documentation and comply with relevant laws. In this guide, we will cover the essentials you need to know before transferring funds into Cambodia.Foreign exchange controls Cambodia does not impose restrictions on the repatriation of capital or profits out of the country, as long as the transfers are conducted through registered financial institutions such as banks. The official currency of Cambodia is the Riel (KHR), but most transactions are conducted in US dollars. Remittances are subject to applicable withholding taxes.Restriction on foreign exchangeUnder the Law on the Foreign Exchange of September 1997, there are no restrictions on foreign exchange operations through authorised intermediaries, including purchases and sales of foreign exchange on the foreign exchange market, transfers, all kinds of international settlements, and capital flows in foreign or domestic currency between Cambodia and the rest of the world or between residents and non-residents.Authorised intermediaries must provide the National Bank of Cambodia with periodic statements, by type of transfer or settlement and outflows and inflows of capital carried out between Cambodia and the rest of the world, according to the time set by the National Bank of Cambodia. Residents are allowed to hold foreign currencies freely, both in the form and location of such holdings inside the country. However, in the case of a foreign exchange crisis, the National Bank of Cambodia may issue regulations to be implemented for a maximum period of three months, temporarily suspending the enforcement of this provision.Transfers Relating to Investment or Liquidation of InvestmentTransfers relating to investment or liquidation of investment shall be made through authorised intermediaries. The authorised intermediaries shall report to the National Bank of Cambodia the amount of each transfer equaling or exceeding one hundred thousand US dollars (USD 100,000).RemittanceArticle 11 of the Amended Law on Investment of 2003 gives assurance that Qualified Investment Projects (QIPs) have the freedom to send foreign currency overseas, which they purchased through authorized banks, to settle any financial obligations they have related to their investment. These obligations may involve:Payment for imports and repayment of principal and interest on international loans;Payment of royalties and management fees;Remittance of profits; andRepatriation of invested capital in case of dissolution.Reminder!Keep in mind, before transferring funds to Cambodia, it is important to check with your bank in Cambodia to ensure that the correct documentation is completed and compliant with relevant laws. By following the guidelines outlined in this article, you can easily transfer funds into Cambodia without any problems. Stay up-to-date on the real estate industry in Cambodia and get real-time updates on real estate news as they happen. Download the Realestate.com.kh App now!

Homeownership comes with a range of financial responsibilities beyond the initial purchase price. One aspect that homeowners often encounter is maintenance fees. In this article, we will explain the concept of maintenance fees and general costs in Cambodia.What Is Maintenance Fee?Also known as service charges or due, these are recurring payments that individuals or entities make to cover the costs associated with maintaining and managing a property, service, or asset. These fees are often used to support ongoing operational expenses, repairs, upgrades, and other essential services. Maintenance fees can be charged on a monthly, quarterly, or annual basis, depending on the arrangement. In the context of homeownership, maintenance fees are typically associated with condominiums and boreys. Residents pay these fees to cover the upkeep of common areas such as landscaping, swimming pools, elevators, and security services. This allows property owners to collectively maintain the shared facilities and services that enhance their quality of living.  In Cambodia, fees go towards hiring property management companies to oversee the day-to-day operations, address resident concerns, and enforce community rules.How Is the Maintenance Fee Calculated?While a one-size-fits-all formula for calculating maintenance fees doesn't exist, the final expenses are influenced by several factors like the type of services provided (such as common area cleaning, lift maintenance, and security), the facilities available (such as pools and gyms), the size common areas, and the quality and quantity of services demanded by residents. For a condo, the fee ranges from $0.50 to $2 per square metre and for Borey, the maintenance fee will depend on the developer, some might include a security guard, landscaping and garbage collection in the project area. Why Is It Important to Regular Maintenance?Similar to any other asset, it's essential to recognise that a property will inevitably age over time. This ageing process can significantly impact its appreciation and value, especially if you intend to sell it. It's crucial to keep in mind that properties naturally undergo changes as they age. Consequently, it's worth considering the implementation of effective property management to oversee the maintenance of the property. This approach ensures that quality maintenance is consistently upheld. In conclusion, maintenance fees are a crucial aspect of homeownership within shared communities. While they represent an ongoing expense, maintenance fees contribute to the value and overall appeal of the property.If you are interested in learning more about properties in Cambodia, our real estate agents are ready to assist you. Contact us today. Click Here

When purchasing a property, it is essential for buyers to consider the importance of long-term maintenance and sustainability. Thus, having a reliable financial mechanism is crucial to meet eventual repairs or major renovations. This is where the concept of a sinking fund comes in handy. In this article, we will explain the significance of a sinking fund, exploring its purpose, relevance in real estate, calculations, and how it operates within the local contextWhat is a Sinking Fund?A sinking fund is a designated pool of money set aside by an individual, corporation, or homeowners' association to accumulate funds over time for a specific purpose, such as repaying a debt or financing future expenses. It involves making regular contributions or deposits into the sinking fund with the goal of accumulating enough funds to meet a future financial obligation or goal.Purpose of Sinking FundThe primary purpose of a sinking fund is to ensure that there are adequate funds available when needed, thereby reducing sudden financial burdens. It is commonly used in various contexts, including corporate finance, personal finance, and real estate. In corporate finance, companies may establish sinking funds to gradually set aside funds for the repayment of long-term debts, such as bonds or loans. This allows them to systematically retire the debt over time.On an individual level, sinking funds can be used to save for significant purchases or expenses, such as a down payment for a house, a vehicle, or a vacation. By regularly contributing to the sinking fund, individuals can accumulate the necessary funds and avoid the need for excessive borrowing or draining their savings all at once. How are Sinking Funds Relevant to Real Estate?Sinking funds are also relevant in the context of real estate, particularly when it comes to strata buildings or condominiums. In real estate, a sinking fund is a financial tool utilised by owners' corporations or homeowners' associations to ensure the availability of funds for future maintenance, repairs, and refurbishments of the property. For example, in a condominium, the sinking fund is set up to cover common emergency expenses and major capital works related to the building. This fund is built up over time by contributions from the individual unit owners, typically through regular payments or levies. The purpose is to accumulate sufficient funds to address significant expenses that may arise in the future, such as roof replacement, elevator repairs, or structural renovations.By establishing a sinking fund, it can proactively plan for and finance the ongoing maintenance and improvement needs of the property. This helps distribute the financial burden among the owners and ensures that adequate funds are available when necessary, preventing the need for sudden special assessments or significant increases in fees.How are Sinking Funds Calculated?Using examples from other countries, sinking fund fees are calculated based on an audit of the building known as a sinking fund forecast. This audit is undertaken by a suitably qualified surveyor engaged by the owner’s corporation. This audit looks at the condition of the building, plant and machinery, and calculates the life cycle of these items, forecasting either the plants’ replacement or refurbishment in a set number of years, for example, 7, 15 and 20 years from the date of the audit. The audit will also calculate what these works may cost in the future. These costs will be broken down into per lot fees paid either monthly or annually, to be held in trust by the owners’ group until the refurbishment is required.Sinking Funds In CambodiaAlthough the Cambodian Government introduced the 2009 Sub-decree on the Management and Use of Co-owned Buildings that requires “ the co-owners to establish a management board or an executive committee as agreed among themselves following the prescribed internal regulations” the requirement to establish a sinking fund and its associated requirements are not completely covered by this decree.If you're a newcomer to property investment in Cambodia or eager to make an informed decision, reach out to our real estate experts today for a consultation on the Cambodian property market. At Realestate.com.kh, we offer current insights and help customers find their dream properties every day. If you are interested to learn more in detail about the properties available in Cambodia, our real estate experts are ready to assist you. Contact us today. Free Consultation Here

(Being in your 20s and even your 30s affords you so much time and opportunity to earn that you might not have later on in life. It’s also the best time to start saving money for your first home investment. Image Supplied)If you’re under the age of 30, working a decent job, and don’t have a home to call your own, then it’s the perfect time to save for your first house. Cambodia’s property selection, especially in Phnom Penh, are plentiful, and in a few years’ time, you’ll practically be swimming in borey/condominium choices!At the back of your head, you might be saying “But I’m young! I want to see the world and experience new things!” or “Have you seen the prices? They’re so expensive!”. While both are popular concerns, they’re also not as serious as you might initially believe.Why you should start saving for a home while in your 20sBeing in your 20s is probably one of the best times to start saving. Unfortunately, youth is often wasted on the young. Most young working adults spend their money on travelling and expensive food/services - thinking they’ve worked for this, why shouldn’t they spend it?And that’s where the problem lies. Being in your 20s affords you so much time and opportunity to earn that you will not have (to the same degree) in your 30s and 40s. Setting some money aside, especially in your early 20s, will give you a big advantage once you eventually realise the value of owning a home. As the saying goes, “The early bird gets the worm”. The money you should set aside on a regular basis doesn’t have to be big either! By cutting down on things you spend every day or every-now-and-then, you’ll eventually accrue enough savings to consider getting a downpayment.We’re not saying you should completely stop spending on the fun things in life (though if applicable, do it!), but you can definitely compromise on their frequency for the sake of your future home security.Tips to save money every day, every week, every monthLimit the international travel(Carefully selecting and limiting your international travel is a great way to save money. Photo by Economytraveller.com)You’re young and the world is your oyster. But much like the pearl in it, it can get really expensive. If you have a knack for travelling abroad multiple times a year, you might wanna cut that down to once or twice per year, at most.International ticket fares cost no less than $200 USD (return flight included). Of course, airfare tickets aren’t the only thing you’ll be spending on. Depending on how long you’re staying and what you’re gonna be doing, you could budget anywhere from $300 USD to $1,000 USD for accommodation, food, souvenirs, and activities.You’ll be saving around $500 USD per year at least simply by holding off on that trip. We know cutting down on this expense can be a pain for the travel bug in you. But these are substantial amounts you could be saving for a real estate property you can call your own!Limit the expensive restaurants(Good burgers like this can cost upwards of $10 USD per serving in Phnom Penh. Photo by Timothy O’Toole)Cambodia, especially Phnom Penh, is home to a lot of good food! The capital city hosts a multitude of cultures offering their cuisines alongside local Khmer favourites. But as the market for good food grows, so do their accompanying price tags.The best meals are often among the expensive - easily ranging from $20 USD to $100 USD per meal. If you like to spend above $10 USD or more per meal, that means you’re spending around $20-30 USD per day on food. That amounts to around $600-900 USD on food every month, which is a lot!You can scale back on expenses by opting for cheaper (and often better value) food options, or plan your grocery shopping and cook from home more often. Since Phnom Penh is filled with superb food options, good eats can cost as little as $3-5 USD per meal.Food expense breakdownCost per meal (USD)Frequency per dayTotal cost per day (USD)Total cost per month (USD)103309005315450You could save around $450 USD (or more) per month or $5,400 USD per year simply by opting to eat meals at more modest places. Let’s not forget that you can save more money if you know how to cook! And if you don’t know how to cook, it’s a damn good life skill to have, so you better learn.Learn to say “No” to expensive activities/outings(Saying “No” can be good for your wallet and your eventual downpayment for your very own home. Photo by LostPlate.com)We love our friends and family. But constantly saying “Yes” to whatever and wherever they want to do or go can hurt your savings! It’s quite difficult to put a value on activities as these vary wildly. But for the sake of discussion, let’s assume some financial implications:Let’s say you’re spending $40 USD on outings every weekend - and that’s on top of your food expenses such as drinks, movies, transportation, or whatever is trending. If you go out every weekend (4x month) that could be an additional $160 USD of monthly expenses.Activity/Outing cost per monthTotal activity cost per weekend (USD)Frequency per monthTotal cost per month (USD)40416040280Again, activity/outing costs vary wildly. But one thing is for sure: going out every weekend is a bad idea if you’re planning to save money for a future project like owning your very own home.Skip the expensive coffee(Cutting down on your daily coffee can add up to significant savings at the end of the year. Photo by Discover Cambodia)At the risk of being chased out of Phnom Penh with pitchforks and lit torches, we have to say frequent consumption of expensive coffee can be bad for your savings! Let’s crunch some numbers.Cost breakdown of buying coffee per monthCost per branded coffee (USD)Frequency per dayTotal cost per day (USD)Frequency of days buying coffeeTotal cost per month (USD)2.525301502.512.52050You could be spending up to $150 USD per month if you’re spending $2.50 USD per serving of coffee and buying twice a day. Cutting this down to effectively half (in terms of frequency) can save you an additional $100 USD per month or $1,200 USD per year!We understand that this is going to be a tall order for a country that loves its caffeine. But constantly consuming coffee - multiple times a day - can slow down the progress of your savings.If you are looking to treat yourself to one excellent coffee, try out these cafes in Phnom Penh.Track your daily/weekly/monthly expenses(Tracking your regular expenses can you better insight into your spending habits - and know where to save. Photo by Review Geek)Listing down what you spend isn’t a bad thing, it's a smart thing to do to keep you in track! It will provide you with insights into your spending habits. Here are a few questions you can answer by tracking your regular expenses:What am I spending on?How much am I spending on it?How often do I spend on it?Answering the questions above will give you a picture of your spending habits and eventually help you decide on how best to maximise your savings with these questions:How come I’m not able to save any money?Do I really need to spend on this?Can I limit how much I’m spending on this?Knowing your spending habits goes beyond being able to save money, it can actually give you a picture of what your priorities are! Hence, why big companies today are invested in acquiring the financial data of consumers. But that’s a discussion for another day.Curious about home loan options in Cambodia?.Create a separate bank account specifically for savings(Banks like ABA offer convenient ways to create a savings account. Something you’ll need for any savings goal you may have. Photo by ABA)As my mom always says, “Save first and spend what’s left”. Banks like ABA allow you to make a separate bank account easily through your mobile device. Whenever you receive your salary or have money coming your way, we suggest saving a portion first before spending any of it, not the other way around!How much you need to save is entirely up to you as you know your needs best. A piece of good advice on knowing much to set aside is to “save money until it hurts”. This means you should set aside money right away and leave enough to meet your regular necessities. For the sake of putting a figure on it, this could range anywhere from saving 25% to 30% of whatever funds come your way.And remember, do not touch your savings unless it’s absolutely necessary!Read more in our ultimate guide to banking for foreigners in Cambodia.“Save money, it will be worth it”You may have already heard this several times from your elders, and it’s a cliché, we know. But you’ll soon realise that it’s cliché because it’s true.Cutting down on daily comforts will be difficult at first, and the temptation to indulge yourself will be alluring for sure, but trust us when we say it will pay off in the end. Owning a home is the best form of security you can give yourself, and quite frankly, you owe it to yourself to secure your future.So, the next time you’re thinking of buying your 3rd coffee at 5pm in the afternoon, ask yourself, “Do I really need this?”.Stay up-to-date on the real estate industry in Cambodia and get real-time updates on real estate news as they happen. Download the Realestate.com.kh App now!Article by:

(The living room of a serviced apartment in The Elysee in Koh Pich, Phnom Penh. Realestate.com.kh)Whether you’re a tourist, expat, or even a local, serviced apartments offer plenty of conveniences not often included in other real estate properties. The “serviced” in serviced apartments particularly appeal to tourists and expats looking to have quality-of-life conveniences “built-in” with their residence.Included services in these apartments usually range from weekly cleaning services, regular laundry services, consistent supply of drinking water, and even a full concierge service similar to hotels. It’s important to remember, however, that service offerings will vary from apartment to apartment. For a more detailed discussion of what you should expect from serviced apartments as a whole, you can check out this brief guide to what makes for a well-serviced apartment in Cambodia.For this guide, we will be talking about where you can find serviced apartments (and what’s included in each one) for a long-term stay in Cambodia.Where can I find serviced apartments in Cambodia?Serviced apartments in Cambodia are largely concentrated in Phnom Penh. According to Knight Frank, an international property consultancy firm, most serviced apartments can be found in the following districts: Boeung Keng Kang (BKK) with 35%, Chamkarmon with 20%, Daun Penh with 13%, and Toul Kork with 12%.If you’re looking for commercialized districts that come complete with modern city staples like shopping malls, markets, banks/ATMs, restaurants, cafes, convenience stores, and offices, you should be considering living in these areas as they make up the city centre of Phnom Penh.What serviced apartments are good for long-term stays?We’ve come up with a few of the best-serviced apartments in Phnom Penh well suited for a range of the tourist/expat market looking to stay long-term in Cambodia. This list is by no means all serviced apartments in Phnom Penh, but a shortlist of what best represents the serviced apartment sector of Cambodia’s advancing real estate market.Silvertown Metropolitan(An aerial view of Silvertown Metropolitan, one of Phnom Penh's upscale serviced apartments. Photo courtesy of Booking.com)Starting Rent: USD $1,000 per monthOfferings: 1 bedroom to 3 bedroomsSilvertown Metropolitan is a high-end development that offers luxury condos, studios, and serviced apartments in BKK1. Expats, most especially, will appreciate the comforts immediately available. And given Silvertown Metropolitan’s proximity to the Mao Tse Tung Boulevard, anyone staying here can easily find their way to wherever they need to go in the city.Their tagline of “bringing L.A. to Phnom Penh” becomes apparent once you see their offerings and accompanying price tags. Starting at $1,000 per month, Silvertown Metropolitan is one of the more upscale and expensive serviced apartments in Phnom Penh. But does its services justify its price? If money isn’t an object and you don’t want any punches pulled in city pampering, then it certainly does. Their services include a 24-hour full concierge, housekeeping, and high-speed WiFi. Each unit comes fully furnished with a complete kitchen and dining area, laundering facilities, a refrigerator, hairdryer, robes, cable TV, towels, linen, and A/C. All rooms are outfitted with modern furnishings popular in posh West Coast apartments. Amenities such as the rooftop pool and fitness centre are also available for use.(An image of a bedroom in Silvertown Metropolitan serviced apartments. Photo courtesy of Silvertowncambodia.com)But if you’re more into what it offers beyond its premises, then it doesn’t differ too much from the other serviced apartments mentioned in this guide. Silvertown Metropolitan is in the mid-point between Preah Norodom and Preah Monivong Boulevard and sits close to Mao Tse Tung Boulevard. All these roads lead to the popular spots in BKK1, the Russian Market, and Riverside in Daun Penh.Silvertown Metropolitan represents one of the higher ends of the serviced apartment sector and with good reason: It tops the discussion when it comes to what condo has the best service and is well-managed in Phnom Penh.Silvertown Metropolitan Property ListingThe Elysee(The Elysee by Dara is inspired by the French monument, Arc de Triomphe)Starting Rent: USD $750 per monthOfferings: 1 bedroom to 4 bedroomsLocated in the French-inspired suburban area of Koh Pich, a.k.a. The Diamond Island, the Elysee is designed after the majestic Arc de Triomphe. And much like the actual monument, The Elysee’s vicinity takes after the iconic townhouses and boulevards of modern-day Paris. The Elysee is also one of the newest serviced apartments developed in Phnom Penh.The Elysee certainly tops this shortlist as its French-influenced design comes with luxury amenities and services without necessarily breaking the bank. Units can be rented out for as low as USD $450 a month which already comes fully-furnished and includes Cable TV, internet WiFi, and housekeeping included in the monthly rental - a good package we’re certain anyone definitely appreciates. Renting here gives you access to a fully-equipped fitness center and steam & sauna within the comforts of the apartment.(An image of an apartment for rent in The Elysee. Realestate.com.kh)Koh Pich island lies east of Phnom Penh’s mainland and is one of the fastest-developing areas in the city. Commercial amenities such as banks, cafes, restaurants, and offices can be found throughout The Elysee’s immediate vicinity. The Elysee sits right on Koh Pich road leading to Samdach Sothearos Boulevard where AEON Mall 1 stands. The same road is connected to Preah Norodom and Mao Tse Tung Boulevard, giving residents access to even more commercial establishments in BKK1, Chamkarmon, and Daun Penh.Koh Pich’s inspired urban design offers a new and unique experience of living in Phnom Penh, making it one of the hottest properties to watch out for - and at a good price. If you’re interested in living in Diamond Island, we highly recommend checking this propertyThe Elysee Property ListingUrban Loft(An image of Urban Loft's exterior in Sen Sok. Photo courtesy of Google Map contributors)Price Range: USD $600 per monthOfferings: 1 bedroom to 3 bedroomsUrban Loft is a serviced apartment located in Sen Sok. While this area is quite some distance from the center centre, Sen Sok itself has seen massive developments in residential and commercial real estate. We recommend this area more for expats rather than tourists as it’s still in the early-mid stages of development and doesn’t have much to offer if you’re not staying long-term.(An image of a bedroom in Urban Loft Sen Sok. Photo from Urbanloft.com)Regardless, Urban Loft offers plenty of space for quality long-term living. Its wide interior design allows for large open-plan condos that maximize light and airflow within each unit. It’s also fully furnished so moving in is easy and quick - something we know expats would definitely prefer. Urban Loft’s spacious units are complemented by an expansive pool and gym. Families living here can avail of the kindergarten and babysitting services. An array of excellent schools are not too far away as Sen Sok is where boreys (gated communities) are becoming increasingly popular among Khmer families.AEON Mall 2, the biggest mall in the city, is just a 5 to 7-minute drive away. And down the road is the popular wholesale grocery Makro. Choices are becoming increasingly abundant in Sen Sok that going into the city proper is starting to become an option rather than a necessity.Urban Loft Property ListingThe View Serviced Residences(An image of The View Serviced Residences in BKK1. Photo courtesy of Agoda.com)Starting Rent: USD $1,000 per monthOfferings: 1 bedroom to 2 bedroomsThe View Serviced Residences is one of the premier serviced apartments in BKK1. Inspired by Japanese interior design, The View’s units offer a simplistic charm many tourists and expatriates would find attractive.The View is at the crossroads of Phnom Penh’s many attractions and modern conveniences. Its location in BKK1 surrounds it with the city’s best places to eat and the newest and biggest shopping centres around in the form of Chip Mong Noro Mall and AEON 1, respectively. Its proximity to popular tourist and expat spots makes it a good choice for foreign travelers wanting to get a peek of the many offerings within the Kingdom.(The View Serviced Residences was designed by Japanese architect Kato Yoshio. Realestate.com.kh)But what’s a serviced apartment without talking about services? Starting at $1,000 per month, residents get fully-furnished rooms, twice-a-week housekeeping, fitness centre, and access to an infinity pool, jacuzzi, and steam room in the common areas. A cafe and restaurant are also serving residents inside the apartment building.Whether you’re by yourself or with your family, just visiting or staying for some time, the View’s units may be what you’re looking for considering its ambiance and location.The View Serviced Residence Property ListingTK Royal One(An image of the exterior of TK Royal One in Toul Kork. Realestate.com.kh)Starting Rent: USD $900 per monthOfferings: 1 bedroom to 3 bedroomsTK Royal One Serviced Condominiums is a mixed-use development featuring offices and serviced residences. Its location in Toul Kork, right along the Russian Federation Boulevard, has made it a landmark of sorts in the area, making it hard for passers-by to miss.The Toul Kork district has developed over the past few years as an extension of the many conveniences available in the Phnom Penh city centre. TK Royal One is one of the district’s more iconic developments as its offerings of office spaces and residential units is a sort of testament to how much Toul Kork has improved in a short amount of time. As such, TK Royal One’s location along the Russian Federation Boulevard gives residents access to a lot of markets, shopping centers, restaurants, cafes, schools, sports facilities, and other entertainment centers now established in Toul Kork.(An image of TK Royal One's spacious living rooms and balcony. Realestate.com.kh)TK Royal One’s residential units come fully furnished and designed to accommodate renters living by themselves or expat families looking to live long-term in Phnom Penh. Each unit is spacious and comes with a private balcony providing an astounding view of the city’s rising skyline. Amenities in TK Royal One include internet Wi-Fi, a fitness centre, swimming pools, a parking area, and a rooftop garden.TK Royal One Property ListingAre serviced apartments worth it?The choice entirely depends on you as you are the best judge of your personal needs and budget. Most serviced apartments in Phnom Penh are proportionally more expensive than standalone apartments without 24/7 concierge services, regular housekeeping, fitness centre, and a swimming pool. If these services are important to you, then serviced apartments could be well worth the extra hundred or so dollars a month.On the other hand, if you’re the type of person who can live without these services, you can save a few hundred dollars which you can allot more to necessities like food or other luxuries like traveling across Cambodia and its neighbouring countries. You can check out several listings of apartments for rent in Phnom Penh here.Looking for other properties? Click hereArticle by:

A rendered image of the luxurious Agile Sky Residence in the heart of Phnom Penh.Can foreigners own land in Cambodia? The short answer is No. But the Royal Government of Cambodia has eased on this restriction by allowing foreign nationals to own property via Strata Titles.Strata title in Cambodia is a relatively new type of property ownership and the only one granted to a foreign national. This type of property title is presently restricted to condominiums, and more recently, office buildings since foreign nationals are not allowed to own landed properties in the country.The question now is, how do you, as a foreigner, get a Strata Title?DISCLAIMER: Foreign buyers, local buyers, foreign buyers with Cambodian citizenship, and companies have to satisfy slightly different requirements to purchase a Strata Title. We strongly recommend consulting a real estate agent to walk you through the specifics of your case. For this guide, we will be walking you through the general steps for an individual foreign buyer.How to obtain a Strata TitleObtaining a Strata Title starts with the owner of the property. But before heading to the sales office of a condo, we advise buyers to first check with the local cadastral office and local commune council if the developer/owner does indeed have legal ownership of the original title. In the case of property developers, this step is meant to verify their ownership of the Hard Title and its eligibility to be partitioned into Strata Titles.Upon completing the above mentioned due diligence, buyers may proceed in dealing with the company itself. While condo developers will likely have representatives to handle sales, we advise buyers to obtain a copy of their company/national ID as another layer of due diligence. This goes double for individual condo owners offering their unit(s) for resale.Once that’s clear, the buyer and the owner of the hard title (or an authorised representative) must physically be present at the same time in the cadastral office to initiate the title transfer. Foreign buyers are required to be in Cambodia for the title transfer as their thumbprint is required to be affixed in the Vente Definitive and the Application for Ownership Transfer, both being standard documents provided by the land department.It’s important to note that the Ministry of Land Management, Urban Planning, and Construction (MLMUPC) requires fully certified documentation of the identity and marital status of the buyer to be supplied and translated into Khmer - this includes the name of the buyer as English names are not permitted on property titles.The requisite fees for title transfers are paid at the General Department of Taxation (GDT). Transfer taxes are paid after the land office reviews and certifies the submitted documents. These same documents will be submitted to the GDT who will then assess the value of the property based on a proprietary set of criteria and calculation methods. An officer from the GDT will then be responsible to perform the evaluation and may take anywhere from 1-2 weeks. After the assessment, an invoice will be issued containing the transfer tax required to be paid.NOTE: It is common practice for sellers to pay the transfer tax, but this can go either way. Be sure to clarify this part of the transfer with the owner.A receipt will be issued by the GDI as proof of payment to the party who made it. This receipt, along with the certified documents will be brought back to the Cadastral Authority at the MLMUPC. A new original title, with the name of the new owner, will be issued by the Cadastral Authority.A sample of a Strata Title issued by the MLMUPC.Other ownership methodsIf you’ve assessed that Strata Titles do not meet your needs, there are other methods such as obtaining Cambodian citizenship, or a company lease, to own landed properties in Cambodia. But those involve completely different steps which are relatively more complicated. We highly recommend seeking the assistance of a Cambodian lawyer to properly guide you through the whole process of these alternative methods.Stay up-to-date on the real estate industry in Cambodia and get real-time updates on real estate news as they happen. Download the Realestate.com.kh App now!Article by:

Buying your first home is always an exciting endeavour, but don’t let the excitement get the best of you. Read our quick guide so you know what to consider when buying your first home!Always think of a house as a long-term investmentRegardless of whether you're renting, flipping, or living in it, buying a house is a substantial long-term investment. For the average person, a home typically represents about half of their net worth. Therefore, it is crucial to carefully assess the financial implications before making a purchase. This involves diligently considering the numbers to ensure that you can not only afford the required payments but also maintain your daily essentials, such as keeping the lights on.LocationThis advice holds the truth not only for businesses but also for prospective homeowners. While bedrooms, bathrooms, and parking spaces are important criteria for evaluating a home, the often overlooked aspect is the value brought by its location.The location of a potential home should be given significant consideration based on individual needs. For instance, a single person may not prioritise proximity to a nearby school, whereas a family would place it high on their list of requirements.No matter your specific needs, it is crucial to carefully consider the location of your home, taking into account both short-term and long-term considerations.Land Appreciates, Buildings DepreciateThis is another important principle to remember for future homeowners, especially those wondering whether they should buy an apartment or a house.When it comes to long-term investment, a small house on a plot of land often holds the advantage over an apartment. The flexibility of remodelling or rebuilding a house provides the opportunity for continuous improvement. Additionally, if you choose to relocate, you can rent or sell the house, benefiting from the rising land prices and securing a profitable return on your initial investment.On the other hand, apartments offer easier acquisition since the construction and development are already handled by the developer. Higher-end apartments may also come with appealing amenities like pools, gyms, and spas, which could increase the overall value and desirability.Ultimately, the decision between a house and an apartment depends on your personal preferences and financial goals. It's crucial to keep in mind that buildings can be replaced, but the underlying land will always remain valuable.How Much Should I Spend On A Home in Cambodia?When it comes to property investment in Cambodia, the amount you should spend ultimately depends on your personal needs and financial capacity. For most buyers, banks or lending institutions typically require a downpayment of approximately 30% of the property's value unless you are a cash buyer.Some property developers even offer loans to buyers, providing an alternative financing option. However, it's essential to be aware that interest rates for housing loans in the country can reach as high as 12% per annum.Aside from loan interest, there are other upfront costs to consider. Legal and transfer fees are significant factors that demand attention. For example, acquiring a land title within the municipality of Phnom Penh requires a transfer tax of 4% for both Soft and Hard titles. It's important to note that this 4% transfer tax is based on separate criteria held by the relevant land office and is not solely determined by the property's sale value. The actual cost may vary depending on the criteria set by the land office.If you happen to be a foreign national, it's essential to know that you cannot directly purchase landed property in Cambodia. However, there are mechanisms and guidelines for foreign ownership outlined in our Cambodia Investor Guide.In conclusion, before investing your hard-earned money in Cambodian property, take the time to thoroughly assess all costs involved. Crunching the numbers and understanding the financial implications will help ensure a well-informed and successful investment venture.What if I Want to Keep Renting?For many prospective homeowners, renting proves to be a valid and attractive choice. It offers several advantages, including lower upfront costs, the landlord assuming maintenance responsibilities, and the flexibility to relocate easily in response to job changes or significant life events like marriage or having children.However, it's important to note that purchasing a house doesn't necessarily tie you down. If you decide to move later on, you have the option to retain the property as an investment and rent it out while you live elsewhere. This way, you can enjoy the benefits of both homeownership and the potential returns from a rental property.Real estate is a remarkably secure long-term investment, with its value consistently on the rise. As the saying goes, "They aren't making any more land," emphasizing its potential for appreciation. If you have the financial means, purchasing real estate is typically the smarter decision. Another option is to acquire property and rent it out, treating it as an investment while you choose to reside elsewhere.Few More Tips!When it comes to loans, remember that negotiation is always on the table. If you believe there are concessions the bank can make, don't be afraid to voice your requests. You can try asking for a more favourable interest rate or even request the waiving of early termination fees. Keep in mind that loans are a significant source of revenue for banks, so they are often willing to make their offers more appealing.Why is this the case? Cambodia boasts more than a dozen major banks, and they certainly don't want to lose your business. So, don't hesitate to explore better terms and make the most of your loan agreements.You can further leverage your position if you’re a long-time depositor in the bank. Having a good long-standing relationship with your bank lets them know you’re gonna be a good investment - and you should use that to get a better deal.Stay up-to-date on the real estate industry in Cambodia and get real-time updates on real estate news as they happen. Download the Realestate.com.kh App now!Article by:

A lot of foreign businesses are taking an interest in the Kingdom of Cambodia due to its attractive investment environment. As such, local entrepreneurs have thrown in their lot to set up real estate companies to meet the demands of both fellow Cambodians and foreigners. But setting up a real estate company is easier said than done.In this Realestate.com.kh guide, we will give you the guidelines for starting a real estate company with the necessary paperwork and licenses pertinent to Cambodia’s laws and regulations.DISCLAIMER: Realestate.com.kh strongly recommends consulting a lawyer for their professional guidance. This guide is only meant to give prospecting business owners an overview of starting a real estate company in the KingdomKey considerations in starting a real estate agencyInvestors looking to start a real estate agency in Cambodia will need to consider things such as company registration, tax obligations, real estate licenses, office setups, recruitment, and business plans.If you’re interested in starting a different kind of business, you can check Realestate.com.kh’s general guide to starting a business in Cambodia.For the purposes of this guide, we will specifically talk about how to start a real estate agency in Cambodia.Registration with the Ministry of CommerceBusiness registration is required at the Ministry of Commerce of the Kingdom of Cambodia. Registered businesses within the Kingdom are given a certificate of registration.The company must meet these following requirements from the Ministry of Commerce:Shall define a company name to be approved by the Ministry of CommerceShall come up with the company’s terms and conditions, documents to prove where the company is located, identity card of the company owner, certificate of bank deposit (at least $1,000), company stamp, appointment letter, and business registration application.The registration period at the Ministry of Commerce takes about two weeks and costs around $370. There are services rendered free of charge.Paying taxes at the General Department of TaxationAfter registering with the Ministry of Commerce, the applicant must submit the certificate of registration, along with other relevant documents, to the general Department of Taxation to pay their registration tax and annual patent tax for the initial registration.Patent Tax is derived from the taxpayer classification of the business owner under the Self-Assessment Regime of Taxation and is payable between January 1 to March 31 of each year. We advise consulting a lawyer on how you can properly asses your taxation regime to start a business in Cambodia.New taxpayers, whose business began within the first six months of the year will pay their annual tax in full. Those who begin their business within the last six months of the year will only have to pay half of their annual tax.Business owners who own several assets (such as warehouses, offices, etc) under one business in the same province only have to pay their patent tax within that province. Businesses who own assets across provinces will, however, have to meet their patent tax obligations in each province.Business owners are required to display the patent at their place of business. These patents take about 1 to 2 weeks to obtain and will cost 1,200,000 riels (US$290).Obtaining a license from the Ministry of Economy and FinanceThe last general step is to obtain a license from the Ministry of Economy and Finance. In order to apply for a license, the applicant must prepare the following documents:Completed application license formPhoto of the license owner and certificate of professional real estate serviceBackground of shareholder or company ownerLetter from the Ministry of Justice of CambodiaPhotocopy of a national identity card and residence bookDocuments issued by the Ministry of Commerce and Taxation, the company’s certificate of registration, and a copy of a letter of business registration and patent.Letter of business location issued by the local authority, together with photos of the business location.A 3-year business plan.Applying for a license at the Ministry of Economy and Finance takes about one month from the date of filing the sufficient paperwork without error.The required fees for a real estate agent license are as follows:Real estate agent license is 500,000 riels (US$ 120) plus an administration fee of 100,000 riels (US$ 25)Certificate of professional real estate service is 200,000 riels (US$ 50) plus an administration fee of 40,000 riels (US$ 10), totaling 840,000 riels (US$ 210).Once you have been issued a license and professional certificate from the Ministry of Economy and Finance, you can legally operate your business in Cambodia.You can register to be a member of the Cambodian Valuers and Estate Agents Association. Currently, CVEA has over 100 member companies, working as a network to promote real estate in Cambodia.Stay up-to-date on the real estate industry in Cambodia and get real-time updates on real estate news as they happen. Download the Realestate.com.kh App now!Article by:

Whether you’re just a visitor or a permanent resident in Cambodia, you’ll want to be informed on the state of healthcare here. Realestate.com.kh has you covered with another comprehensive guide to Phnom Penh hospitals, clinics, dentists and pharmacies.If you’re searching for an apartment for rent in Phnom Penh or a condo for rent in Phnom Penh you might want to be near a good clinic. Perhaps you want to live in a district with the best hospital. Anyway, it doesn’t hurt to stay informed.Scroll down the page to browse the complete list of medical facilities below. However, if you want a bit of background on medical facilities in Cambodia here’s a breakdown:Should you use Phnom Penh hospitals or get airlifted?If you peruse forums online you’ll find that Phnom Penh hospitals sometimes get a bad rap for the state of their healthcare. In fact, many people will say you should head to Thailand for anything more than a routine doctor visit. These sentiments can definitely be exaggerated. There are plenty of quality medical facilities in Phnom Penh and the state of medical care is constantly improving. You just have to know where to look and the Facebook expat groups can be useful although you will rarely get a unified opinion about a place.In an emergency, there are private hospitals in Phnom Penh that can properly assist you. In non-urgent cases try looking around for s medical professional with a clinic in Phnom Penh and/or a specialist with a good reputation. Foreigners usually steer clear of state hospitals, with perhaps Calmette hospital being an exception in some cases.If you have traveller’s insurance or get coverage through your work, make sure you know which facilities are covered by your provider. In 2020, medical insurance in Cambodia grew by 2.2 per cent, mainly influenced by COVID-19.Expatriates will often look for insurance cover that includes medivac (medical evacuation) to hospital care services in nearby countries such as Thailand in medical emergencies.Not covered? This might not be a huge deal for minor medical conditions, at least in Cambodia. Hospitals and clinics in Phnom Penh are quite cheap compared to many other countries across the world.We’ve also given a cost rating to the facilities on the list below.Find a pharmacy after visiting Phnom Penh hospitalsWhen they say “don’t judge a book by its cover” they probably didn’t have clinics in mind. Every street seems to have a clinic, in Phnom Penh, at least. Ignore the dingy-looking places and generally go to a clinic in a bigger, nicer building. Many hospitals in Phnom Penh even have their own clinic onsite.Healthcare isn’t an area of your life in which you should be stingy, so medical insurance and the knowledge you can be airlifted to international hospitals in the region does offer peace of mind.There are tons of pharmacies and dental clinics across Phnom Penh. Your best bet for quality service is to go to one of the most upscale facilities - Stick to the ones on our list and you’ll be fine but it never hurts to do some research before you go.So, without further ado, here’s the complete list of quality Phnom Penh hospitals, clinics, dentists, and pharmacies:Full list of hospitals, clinics, dentists, and pharmacies in Phnom Penh+ Means the facility is open 24 hours. NameLocationTypeSpecialtyCostPhoneSummaryApsara Phnom Penh Clinic+7 MakaraClinicGeneral$023 218 583Apsara is an unassuming local clinic. Most feedback on this facility is positive.Sihanouk Hospital Center of Hope7 MakaraNon-profit HospitalInfectious diseases, HIV and TBfree023 882 484Run by US-based HOPE, this facility aims to help poor Cambodians.Malis Dental Clinic7 MakaraDental ClinicDentistry$$023 964 142Malis hosts four dentists: two from Japan, one from Korean and one from Cambodia.Sun Int'l ClinicBKK1ClinicGeneral$$023 956 777SIC hosts Japanese doctors. They also prescribe Japanese approved medicine.European Dental ClinicBKK1Dental ClinicDentistry$$$012 340 393European Dental was started by a French dentist and today has a staff of both foreigners and locals.Khmer Soviet Friendship Hospital+ChamkarmonPublic HospitalGeneral$023 217 524The Khmer-Soviet Friendship Hospital was started with funding from the former Soviet Union. It is colloquially known as Russian Hospital.Mercy Medical CenterChamkarmonChristian Charity ClinicWomen's Health$097 850 0448MMC, a faith-based medical organisation runs this health centre in Chamkarmon.Master Care Dental ClinicChamkarmonDental ClinicDentistry$$016 820 081Master Care has some dentists who were trained abroad. It gets many positive reviews for its affordability.Physiotherapy Phnom PenhBoeng TumpunClinicPhysical therapy$$023 996 344This therapy centre is run primarily by Dutch doctors and is well regarded for physiotherapy treatment.Roomchang Dental HospitalChbar Ampov, Daun Penh, Sen Sok, and Tonle BassacDental ClinicDentistry$$023 211 338Roomchang has many locations around the city that all get good reviews.Sunrise Japan Hospital Phnom Penh+Chroy ChangvarHospital / ClinicGeneral, Neurology$$023 260 152This Japan-run medical facility offers everything from emergency care to pediatrics. It is located in Chroy Changvar.European MedicareDaun PenhClinicGeneral$$011 811 175Merger of “Cabinet Français” and  Naga Clinic. Only for consultationsCalmette Hospital+Daun PenhPublic HospitalSurgery$012 772 789Calmette was established jointly between France and Cambodia in 1950. Many Cambodians travel to the capital to get treatment here.Ang Duong Hospital+Daun PenhPublic HospitalEar and eye treatment$023 218 875This is another state hospitals. It is known for ear, nose and eye treatment.Central Hospital+Daun PenhPrivate HospitalGeneral$$$023 214 955This facility claims to be Cambodia's first modern private hospital. It has 80 beds, two delivery rooms and two operating theaters.Embassy Medical CenterDaun PenhGeneral MedicineWomen's Health, Pediatrics$017 490 650Embassy is part of the HOPE network of facilities and has three different branches around Phnom Penh.International SOS CambodiaDaun PenhGeneral MedicineGeneral$$$+66 2 205 7866International SOS is a worldwide company, and they claim to offer Western-level health care. They have both foreign and local doctors.Raffles Medical Phnom PenhDaun PenhPrivate HospitalGeneral$$$023 216 911This Singaporean hospital is one of the top facilities in the country. Many upper-class Cambodians come here for medical treatment.Traveller's Medical ClinicDaun PenhClinicTropical ailments, STDs$$023 306 802Traveller's Medical Clinic is a small office operated by a British doctor who has been practicing in Cambodia for many years.Pasteur InstituteDaun PenhResearch HospitalVaccinations, rabies$$012 812 003IPC operates as a research hospital under the government. It is the only international vaccination centre in the country.Procare MedicalDaun PenhMedical CentreGeneral$$$061 828 410Procare aims to provide international-level health care to everyone from babies to adults. Prices for regular visits are $40 for children or adults or $50 for babies.Kantha Bopha Hospital+Daun PenhPublic Children's HospitalChildren's healthfree023 428 009Established by Swiss pediatrician Beat Richner in 1992, Kantha Bopha is a free children's hospital. In 2018, Richner passed away and the hospital would come under state control.Pharmacie De La GareDaun Penh and BKKPharmacy $$092 711 771De La Gare is considered by expats to be the top pharmacy in the country. It stocks medicines brands from Europe and the US.U-Care PharmacyMany locations across Phnom PenhPharmacy $$$023 224 099With almost 15 locations across the city, U-Care is usually the best place to go if you just need some headache medicine or something for a cold.Royal Phnom Penh Hospital+Sen SokPrivate HospitalGeneral$$$023 991 000Often considered one of the top hospitals in the country, Royal Phnom Penh Hospital is a Thai-backed enterprise. They have both Khmer and foreign doctors.Sen Sok International University Hospital+Sen SokGeneral MedicineGeneral$$023 883 713Sen Sok University Hospital is a facility trusted by both locals and expats. There are one or two international doctors here.Khema ClinicToul KorkClinicMaternity$023 880 949Specialising in pre-natal care, Khema is popular with both local and foreign expectant mother in Cambodia.Preah Kossamak HospitalToul KorkPublic HospitalDermatology$023 883 047Kossamak was expanded in 2014 with German and British funding. It attracts patients from the province, especially for skin-related ailments.Map of the best Phnom Penh hospitals, clinics, dentists and pharmacies:We hope you find all the information you're looking for about Phnom Penh hospitals and medical facilities in the list and map above. Stay safe while you're in the Kingdom of Wonder!Stay up-to-date on the real estate industry in Cambodia and get real-time updates on real estate news as they happen. Download the Realestate.com.kh App now!

The dry season can be quite a scorcher every year in Cambodia, although it's always on the tropical side no matter the season! A favourite pastime for plenty of residents is to hit the swimming pools in Phnom Penh when it gets too hot.Most of the big developments in the country include rooftop pools, as do many serviced apartments. But for those of you who don’t have that luxury, we’ve got you covered.Realestate.com.kh has put together a list of the top swimming pools in Phnom Penh. Plus, if you scroll down to the bottom we pulled together a massive list of pools open to the public in Phnom Penh and a map of pools open to the public in the capital!We’ve also included their district so you can find the one closest to your home.Some general advice for using the pools:Most hotels, guesthouses, and resorts in Phnom Penh make their pool areas available to drop-ins (i.e. non-guests).As a non-guest, you might need to pay a fixed fee or buy some food and drink which might waive the fee.It's understandable that some hotels give preference to paying guests, and pools can get busy during peak tourist season. We suggest you check beforehand on the availability for using the pool.Some locations introduced half-day room usage and pool access as a range of packages to entice customers during the low season and during the pandemic to boost business.(Please Note: that during the COVID-19 pandemic a number of pools, hotels and residences have put in place temporary restrictions to comply with health regulations. Prices and opening times have also been adjusted. Please try and contact the venue directly to find out the most up to date information).Our top pool picks in Phnom Penh:DIB ClubThis massive pool is one of the largest in Phnom Penh -There’s even a small island in the middle! DIB is family-friendly and has a kid’s area and plenty of cabana tables. Located on Koh Pich, it’s adjacent to astroturf soccer fields and a number of larger developments have sprung up around the pool area.The place can get busy with families on the weekends. There is usually no fee if you buy $5 or more in food and drinks per person but they may charge extra for towels.If you want a place for a group gathering or a lazy day of swimming and tanning, DIB could be your place.If you are interested in living in the same neighbourhood as DIB, make sure to read our ultimate guide to Tonle Bassac - one of the swankiest districts in the capital.DIB ClubKoh Pich St, Phnom Penh - 099 997 740Open everyday 9am-10pmPrice: $5 per person or purchase food and drinksRambutan ResortBKK1’s Rambutan Resort is a gay-friendly boutique resort in the trendy BKK1 neighbourhood. Their saltwater pool area is adults only and the premises have an artsy, quiet vibe.They’ve also got a well-stocked bar and a full menu and rotating weekly food and drink specials.A day pass will cost $8 but buy an entree with a drink and the fee will be waived. The mini waterfall is also a great place to snap a photo.In general, BKK1, 2, and 3 is where many expats choose to live in Cambodia so the pool can be a popular hangout.Rambutan also has a sister resort in Siem Riep.Rambutan ResortBKK1, 29 St 71, Phnom Penh - 017 992 240Open everyday 6am-9pmPrice: $8 per person or purchase food and drinksNational Olympic Stadium PoolAs the only full public accessible Olympic-sized pool in the country, this is where you’ll want to go to do some lap training but the pool can also get busy. This outdoor pool is 50 metres long and it costs less than a dollar for a day pass. There were plans in the works for an updated $2 million indoor facility that could be potentially free to use.To find out more about gyms and fitness in Cambodia browse our list of the best gyms in Phnom Penh.Olympic Stadium PoolCharles de Gaulle Boulevard- 086 734 905Open every day 6am-8pmPrice: $1Mad Monkey Phnom PenhMad Monkey is a popular backpacker chain hostel and their location in Phnom Penh features a small swimming pool, bar and full menu. They also show sports and hold BBQ and other events.They don’t charge to use the pool if you buy food or drinks. There is usually a mixed crowd if expats, locals, and travellers with a good vibe.Mad Monkey Phnom PenhStreet 302, Beoung Keng Kang I- 023 987 091Price: Free with food purchaseAquarius Hotel & Urban ResortThe pool at Aquarius is picturesque and offers some great views from the saltwater, glass-walled, rooftop infinity pool. What more do you need to say? Oh yes, sky bar, maybe?It's also a popular place for a mini staycation near Phnom Penh’s riverside. There is free swimming pool access if you spend $12 on food and drinks.If you’re addicted to Instagram, this is probably the place for you. And while you’re there, follow Realestate.com.kh on Instagram. There are many similar fantastic rooftop & infinity pools in the city such as at Sun & Moon Hotel, Patio Hotel & Urban Resort, or Penh House.Aquarius HotelPreah Ang Phanavong St. (240), Phnom Penh- 017 220 075Open everyday 7am-11pmPrice: $12The Balé Phnom PenhThe Balé Phnom Penh is slightly further from the capital's centre and is a more luxurious retreat and resort getaway that has proven popular with expats. The views of the Mekong Delta landscape from the resort’s pool is beautiful and access is open to non-guests for only USD $15net per person.There is also a gourmet dining selection and the pool is perfect for a romantic getaway and some tranquillity from the city.The Bale Phnom PenhNational Road 6A, Bridge 8- 023 987 091Price: $15netSome other classy and luxury pools which you can access at hotels and resorts in Phnom Penh include those at The Plantation, Palace Gate Hotel, Marriott Courtyard, Baitong Hotel, and the Hyatt Regency Phnom Penh.Pools open to the public in Phnom PenhStill didn’t find what you were looking for in the five swimming pools above? Well, here’s an updated list of all the swimming pools in Phnom Penh that are currently open to the public. Find the ones in your neighbourhood, grab your towel, and let us know what's the best swimming pool in Phnom Penh! NameLocationFeePhoneAnik Boutique Hotel and SpaBKK$10023 222 507Anise VillaBKK$5012 985 400House Boutique HotelBKK$5023 220 884Le Safran HotelBKK$5070 739 915Manor House HotelBKK$5023 992 566The Mekong Dragon HotelBKK$5023 982 666Ming Hour Sport ClubBKK$3015 558 789Palm Tree Boutique HotelBKKBuy food or drink023 229 933Patio HotelBKK$10023 997 900The Place GymBKK$15069 876 777Prasats Boutique HotelBKK$5077 465 533Skyline Boutique HotelBKK$8023 210 015Villa SamnangBKK$5023 221 644Great Duke HotelChamkarmon$25023 424 888Jasmin Monument HotelChamkarmon$4023 221 322La Rose Boutique HotelChamkarmon$5023 211 130New Midtown HotelChamkarmon$4023 986 828Sofitel Phnom PenhChamkarmon$15023 999 200SuperFit GymChamkarmon$8023 999 229Teav Bassac Boutique HotelChamkarmon$5023 982 828YK Art HouseChamkarmon$3070 740 051The Kingdom ResortChbar Ampov$3023 721 514High Sky HotelChroy Changvar$3023 966 111Sokha Phnom Penh HotelChroy Changvar$10023 685 8888The 252 Boutique HotelDaun Penh$5023 998 252Blue LimeDaun Penh$6023 222 260The Billabong HotelDaun Penh$5023 223 703Essence HotelDaun Penh$10023 999 938Eureka VillasDaun Penh$5023 699 9020Grand Waterfront HotelDaun Penh$5092 887 879Harmony HotelDaun Penh$6023 967 068Himawari HotelDaun Penh$7023 214 555Hotel CambodianaDaun Penh$12023 426 288The KabikiDaun Penh$5023 222 290Okay Boutique HotelDaun Penh$5023 979 666Phnom Penh HotelDaun Penh$6023 991 868River Home Boutique HotelDaun Penh$4023 221 992The Sangkum HotelDaun Penh$10096 286 0106S.D. Holiday HotelDaun Penh$5085 353 585Sun & Moon Urban HotelDaun Penh$18023 961 888Sundance Inn & SaloonDaun PenhBuy food or drink016 802 090Teahouse HotelDaun Penh$5023 212 789VMansion Boutique HotelDaun Penh$5023 219 000Good Time Health & FitnessRussey Keo$4023 986 686Cambodian Country ClubSen Sok$12093 885 591Dara Airport HotelSen Sok$8023 888 668International Youth Sport ClubToul Kork$5095 777 088Double Leaf HotelToul Tum Poung$7023 226 288Phnom Penh Sport ClubToul Tum Poung$5023 215 561Map of pools in Phnom PenhIt's cool to hit the pools in Phnom Penh If you've been in Phnom Penh for any length of time, you know it gets hot. Entertainment options are growing day by day in the city.However, lounging at the nearest pool while sipping a cold beverage is still a go-to activity for most city dwellers.So, after reading this guide you should know all the ins and outs of pools in Phnom Penh. Now just grab the sunblock and find an open lounge chair.To find an apartment building that has a pool of its own start browsing apartments for rent in Phnom Penh.

Can foreigners own land in Cambodia? The simple answer is no. But the truth is never simple, right? If you’re a foreigner there are a few different ways you can control property. We will walk you through those methods here. And we’ll even talk to a few expats who have gone through the process themselves.Condo can do!Maybe owning land isn’t important to you. In that case you should look to the condo sector. As long as the condo you want to own is above the ground floor you can own it outright. Learn more about Strata titles in our Investment Guide 2019. In fact, you can start browsing for condos in Phnom Penh right now. There are also condos for sale in Siem Reap and Sihanoukville.   Choose your own adventureBesides owning a strata-titled unit in a co-owned building there are five other ways to control land as a foreigner. They are:Company structureNominee structureLong-term leaseLand concessionBecoming a Cambodian citizenLet’s take them in reverse order. You can actually become an honorary citizen if you invest a certain amount of money into businesses in the country. This used to be around $300,000 but was recently upped to around $1 million. If you marry and have children here you can also become naturalised. Find out more from this guide by B2B Cambodia.Getting a land concession is also a very in-depth process. For a full rundown read our Investment Guide 2019.Long-term leaseWhile this option is technically not ownership, it can be a good fit for many purposes. Long-term leases can last between 15 and 50 years. They are registered through the government and can include rights to develop the land in question.Nominee structure  Enlisting the help of a Cambodian nominee for ownership was used in past years. Now, however, it sits in a legal grey area and is not a valid structure under Cambodian law.Company structureThis is arguably the most common route that foreigners use for land ownership. They simply buy the land through an incorporated company. The catch here is that land-owning companies must be at least 51% owned by Cambodians. For many cases, this is enough. However, there is another mechanism you can use for further security.Two companies can be formed. The first company (51% Cambodian-owned) purchases the land, and then signs it over to an investor through a long-term lease. This method comes in hand if you want to keep the landowning part of the business separate from the rest of the firm.If you’re interested in opening an operation in Cambodia, read our full guide to starting a business here.Word on the streetThough there are clear frameworks in Cambodia for foreigners to control land, many still follow less formal methods. Often they have property registered in the name of a spouse or partner.Daniel, an expat living in Kep who gave only his first name, said that property he bought was all registered in his Cambodian partner’s name. He noted, however, that this method was not normally advisable, going as far as to say that there were horror stories in the area of foreigners being left with nothing after paying for land.To make sure you’re not the victim of a real estate scam, check out our guide to real estate scams in Cambodia here.Another expat living in Kampot told Realestate.com.kh that he owned property through a business. He noted however that legalities of property were much less stringent when he purchased over 10 years ago.Lastly, to learn more about everything to do with property, browse our Investment Guide 2019.

Coffee. It's the third most consumed beverage in the world after water and tea. 172.8 million bags of coffee are produced yearly worldwide and Cambodia consumes a lot of the roasted beans.In Cambodia, the beverage has traditionally been an older person's drink among the locals but with the growing influence of cafe culture from the West, a younger generation is spending more and more time in coffee shops (also for the social media photo opportunities)Before choosing a house or apartment, many people want to make sure the neighbourhood has a safe & comfortable vibe. Having at least one cafe within the area is something individuals consider but cafe hotspots have also sprung up in the capital.Realestate.com.kh has drawn up a list of the top cafes in Phnom Penh. No matter where you choose to live, chances are you'll be close to a coffee shop in Cambodia's capital. There are also many, many franchises such as Starbucks and Amazon throughout the city.We've even put all the best cafes in Phnom Penh into a map for you - Scroll down to see more!We think the best cafes in Phnom Penh are:Java Creative Cafe - The artsy cafeThis stylish joint has cafes in Toul Kork, Russian Market and near the Royal Palace. Previously it had a popular location near Independence Monument, in Tonle Bassac, which closed during the pandemic in 2020. Based on the review, you’ll find that people love the food but Java also strives to be a hub for local artists and creatives.“[Java has] been serving up homemade food and organic coffee for nearly 20 years. We love art as much as we love food and as a cultural enterprise, we are a platform to launch Cambodian artists and public art events thanks to all our customers,” said Java owner Dana Langlois.Java Cafe (three locations)53 Street 468, Toul Tum Poung - 077 873 92920A Street 337, Toul Kork - 077 657 570Futures Factory, 215 Street 13 - 012 833 51256 Sihanouk Blvd, Tonle Bassac  -  (CLOSED)Open 7am-9pm  Metro Hassakan - The swanky cafeRiverside might be known for its happy hour deals but Metro is one of the best places for a midday coffee break. Kick back and enjoy a java while gazing out at the Mighty Mekong while enjoying excellent service.In addition to the Riverside location, Metro has a cafe in Toul Kork. It’s one of the fastest-growing areas of the capital, praised for its amenities and security.If you’re curious about living there, watch our video guide to Toul Kork and see more about properties in the area.Metro Hassakan & Metro Azura (two locations)House 271 Preah Sisowath Quay - 023 222 275TK Avenue Corner of St. 315 - 012 274 060Open 11am - 10pm  Backyard Cafe - The health-nut cafeThe Backyard Cafes may share the crown for best health food restaurants in the capital since opening in 2015. On the menus, you’ll find everything from trendy avocado toast to veggie burgers. Just as much care is put into the coffee too. If you’re vegetarian, vegan, or want to level up your quinoa game, stop by one of their two locations in BKK1 and near Riverside. They also have a sister cafe, Vibe, in the Russian Market area.If you like the look of the districts read our expat rental guide to Phnom Penh to find out what an apartment should cost.Backyard Cafe 11B Vimol Thoam Thong St. (246) - 078 751 715Open 7:30am-8pmBackyard Cafe BKKCorner Street 63 and Street 278- 096 853 4334Open 7:30am-8pmVibe Cafe26A, St 446, Russian Market - 061 764 937  Lot 369 - The neighbourhood jointNestled among the shophouses of Toul Tum Poung (Russian Market) sits Lot 369, which changed location and is now on St 155 (entrance via the back alley between streets 446 and 440). The popular cafe is spread over a couple of floors and has views over the TTP market. Order any of a wide selection of hot or cold coffees and you'll even get a few chocolate-covered coffee beans. According to co-owner James Wilson, the idea for Lot 369 is to “offer a relaxed, chilled atmosphere that reminds travellers of a casual cafe off a Melbourne alleyway,” she said, adding that the food is a fusion of Australia's brunch culture and Cambodia's local flavours.Wednesdays are very popular as all coffees are only $1!Like a few of the other expat-aimed spots on this list, Lot 369 is health-conscious and eco-friendly. (They previously had a location in BKK1 which has since closed).Lot 369Street 446 Toul Tum Poung I - 012 345 541Open 7:30am-5pm  Feel Good Cafe - The roastersIt isn’t just the caffeine that will have you feeling good here. With two outlets in the capital, Feel Good Cafe is a social enterprise that serves up organic fair-trade coffee and food. The cafes are employee-owned and seek to empower the local staff and suppliers.The place was started in 2013 by two expat coffee roasters, and still serves up single-origin blends sourced from around SE Asia. The Feel Good group operates social enterprises across the Kingdom including in Battambang.The locations also serve a mix of local and western food and have many popular dishes such as the breakfast muesli, burrito bowls and rotating specials.The location on St 29 in Phnom Penh has closed.Feel Good Cafe (two locations)House 79 Street 136 - 077 694 702Open 7:30am-6pmFulcrum Cafe (The Factory) - 085 914 918Open 6:30am-6pmNo. 11B, St 29 - CLOSED  The Shop - The foodie cafeAre you guilty of Instagramming your food? If reading the words “goats cheese” makes your mouth start watering, The Shop is probably for you. This brunch-centric place has four locations in Phnom Penh and a speciality chocolate shop in the capital - they have been operating since 2001.If you end up at any of their cafes and snap some photos of your artisan quiche, don’t forget to follow Realestate.com.kh on Instagram. We’ve got some killer interior design photos that you’ll love!The Shop (four locations)#39 Street 240 - 092 955 963The Chocolate Shop 240 - 012 872 840Wat, 1B Preah Ang Non (St. 102) - 077 666 115#38 Street 337, Toul Kork - 012 952 839(Check location for opening times)  Eric Kayser - The boulangerIf you didn’t know, French culture still has a strong legacy in Cambodia. Heck, we even did a special article on the French colonial architecture in Cambodia. It makes sense that there’s at least one cafe chain offering up traditional “barang” baked goods.Eric Kayser is a popular cafe franchise in Phnom Penh and it’s got several locations in the capital.If you’ve got a craving for a traditional French croissant, and a huge selection of bread and pastries - this is the place to go. No beret is necessary ;)Eric Kayser (Several locations in Phnom Penh)Samdach Sothearos Blvd (3) - 077 573 027Eric Kayser De Castle Royal, St 288, BKK1 (4th floor)House 219Eo Street 63 - 077 573 09726 Street 240 - 089 926 681Check locations for opening times  SUZY Anti-café - The digital nomads' cafeSUZY Anti-Cafe is a novel concept in the crowded cafe scene in the capital and one of the few great choices in BKK3. The cafe offers customers the chance to pay for unlimited snacks and coffees for the time spent in the cafe and is a popular choice among remote workers and digital nomads.As well as all the typical coffee drinks, they have several promotions and have Game Days. For those working there are free cookies and a free printer, paper, pens and more!You can find our selection of apartments for rent in bKK3 here.Suzy Anti-Cafe59A street 350, BKK3 - 092 259 157Open 8:30am-7pm  Brown Cafe - The hometown heroWith nearly 20 cafes around the city, Brown is a popular coffee shop in Phnom Penh and is a common go-to meeting spot, especially among Cambodian students. The Cambodian-established chain isn’t just another Starbucks knockoff either. Every branch has a unique setup. They’ve got all the normal tea and coffee variations as well as shakes and a full food menu. Local consultant Soumy Phan said he liked Brown not only for its coffee but for how it could be used for meetings or as a workspace.“I don't have my own office, so it is a good place for me both personally and professionally. I like the fact that it is an original brand started by Cambodians,” he said.No matter where you live in the city, you're probably close to a Brown. The flagship store is in BKK1 district, often considered the "foreign quarter" of Phnom Penh because of all the embassies, NGOs, and foreign businesses.Given its popularity among residents could Brown have the best coffee in Phnom Penh?Brown Cafe (Nearly 20 locations in Phnom Penh)Rue Pasteur No. 51 - 023 217 262Check branches for opening times.  Farm To Table - The sustainable cafeWith open outdoor eating, regular sustainable and farmers markets, Farm To Table is a popular choice for many expats in the capital.In addition to coffee, they’ve got some killer healthy food, providing healthy & sustainably produced dishes. They also partner with growers, farmers, and cooperatives in Cambodia to support local organic farming. If you’re looking for a more professional place to work, check out the list we drew up of all the coworking spaces in Cambodia. Farm To Table N° 16, Street 360. BKK 1 - 078 899 722Open 8am-9pm  Map of the best cafes in Phnom Penh Coffee culture at cafes in Phnom PenhMany may instantly think of Australia or even Vietnam with regards to coffee culture in the Asia Pacific region. Indeed, Vietnam is the world’s number two exporter of coffee, and the average Ozzie consumes around three kilograms of the stuff per year.But there’s a culture forming around coffee in the Kingdom. A young, urbanised population means there’s plenty of javaheads. You don’t need to go far in Phnom Penh to find the best coffee in Phnom Penh for you. Phan added that the cafe atmosphere was a significant factor for the success of shops in the Kingdom.“I think the coffee culture here is mostly a social thing, and it’s proliferating among younger Cambodians.”Which one of these cafes is your favourite? Let us know if we missed any by commenting below.Article by:

Cambodia’s tourism is expected to increase with more direct flights to the Kingdom. This is opening new doors for new visitors, and potentially retirees. The Kingdom has long established itself as a pleasant and affordable place for seniors to spend their golden years. In this article will explain important points for aspiring expats seeking to retire in Cambodia. It encompasses the choice of visa, currencies & banking, healthcare, cost of living, transportation and where to live.Retirement Visa Regarding visa options, it is quite straightforward with its ER visa program, which enables foreign citizens over 55 to be eligible for visas lasting up to a maximum of 12 months. To get a retirement visa to Cambodia, it is necessary to apply for a regular visa first (E-class visa). The application can be made through the Cambodian Embassy, consulate in your home country or via the online visa portal. Once entering Cambodia, it is necessary to extend the visa to a retirement visa (ER) via a visa agency which will help in dealing with application forms to the Immigration Department. The following documents are required to complete the application:A passport with at least 6 months of validityA blank page in the passport for the visa issuanceA passport photoProof of retirement or pension schemeHealth certificateCriminal background checkAs of the latest update, the cost for the ER visa is approximately $290-$300 for a year. After the visa duration is completed, it must be renewed or extended if one wants to continue living in the Kingdom. It is possible to renew or extend the visa for a duration of 1,3,6 or 12 months.Currencies & Banking ABA Bank, Canadia, and ACLEDA are popular banks in Cambodia. (Source: Khmer Times)Cambodia uses dual currency: the Cambodian riel (KHR) and the US dollar (USD). It's important to note that only US notes are used, not coins, and there are no riel coins. Both currencies are widely used for everyday transactions. However, it is preferable to use riel when purchasing items, as the change is likely to be favourable.When it comes to banking, banks offer options to open accounts using riel or dollars as the default currency. Foreign retirees will also need to transfer their pension funds to a local bank or use a money remittance company. Fortunately, Cambodia has multiple choices for transferring funds from abroad. In Phnom Penh, several branches of Western Union, MoneyGram, and other money transfer companies offer these services.HealthcareAn important aspect of living abroad as a foreign national, especially for retirees, is the healthcare system and its affordability. Cambodia’s healthcare system has significantly improved over the last decade and continues to do so. There are several private clinics, and the public sector is continually developing its services and infrastructure.The Royal Phnom Penh Hospital is regarded as one of the best hospitals in the country. (Source: Supplied)The leading hospitals in Phnom Penh include Royal Phnom Penh Hospital, Calmette Hospital, and several clinics such as Intercare and Advance European Medicare Center. Moreover, dental care is generally of a good standard and quite affordable in Cambodia. Prices for scaling start from $30, and single-tooth implants are around $1,000. Pharmacies are easily found in most parts of the city, offering affordable and accessible drugs and medicines.Many retirees choose to purchase health insurance that covers them for medical treatment both in Cambodia and abroad. It's important to research and understand the healthcare options available and consider including medical expenses in your retirement budget.Where to LiveWhen it comes to deciding where to live, Cambodia offers a variety of landscapes to suit different lifestyle preferences. For those who prefer city life, Phnom Penh is the ideal choice as most economic activities happen in the capital. The city continues to grow with new shopping malls and high-rise buildings, both residential and commercial. Depending on the renter's budget and lifestyle preferences, renting a property in Phnom Penh can range from as low as $200 for a simple studio unit. Modern units in high-rises with a variety of amenities and services start from at least $700 in prime locations such as BKK1, and Tonle Bassac.  BKK1 district is a popular neighbourhood where expats choose to live in Phnom Penh. (Credit: Realestate.com.kh)For a more laid-back lifestyle, Siem Reap is a preferred destination. It is notably popular due to its proximity to the Angkor Wat temple complex, the largest religious monument in the world. It is known to be a more tourist-driven city with an expat community, multiple entertainment options, and dining places that contribute to making the life of retirees pleasant while enjoying a jungle-like environment. Housing options in Siem Reap differ from Phnom Penh, with no high-rise developments but quality accommodations available throughout the town. Rental prices for studios can range from a minimum of $200 depending on the location to more integral resorts such as Angkor Grace.Sihanoukville, Kampot, and Kep are also popular destinations for retirees. In the last decade, Sihanoukville has seen significant development, especially with the construction of new buildings, casinos, and other entertainment facilities. It offers a beach getaway to the islands of Koh Rong and Koh Rong Sanloem for those who enjoy the beach. Kampot and Kep are known for their slow-paced lifestyle, with a community of expats and retirees enjoying their golden days in the countryside.Transportation Transportation in Cambodia is relatively affordable, with options including tuk-tuks, motorbikes, trains, and buses. Tuk-tuks are a popular mode of transportation for short distances within cities, while motorbikes are commonly used for longer trips or exploring the countryside. Buses are available for intercity travel, with both short and long-distance routes. However, it's important to note that road safety and infrastructure in Cambodia may not be up to Western standards, and caution is advised when using transportation options.Cost of LivingCambodia is known for its affordable cost of living, making it an attractive option for retirees on a budget. Expenses such as housing, utilities, transportation, food, and entertainment are generally lower compared to many Western countries. Monthly living costs can vary depending on your lifestyle and location, with Phnom Penh being relatively more expensive than other cities.Below is an approximate average of the costs of living in Phnom Penh.ExpensesAverage Costs Monthly ($)Water$5 onwardsElectricity$20 onwardsGas$15-$17 (depending on market price)Food $150-$300Transportation$50-$150Retiring in Cambodia has become a popular option for foreigners seeking to enjoy their retirement without compromising on quality. The ease of obtaining the Cambodia ER visa, healthcare facilities, affordable cost of living and a large variety of housing options are just a few of the reasons why many choose Cambodia for their golden years.If you are interested in learning more about properties in Cambodia, our real estate agents are ready to assist you. Contact us today.  Click Here

Like any other business enterprise, real estate development is governed by a legal framework. These set of laws and regulations, though complicated, ensure operations and activities related to the sector are done legally without ill effects on people and the environment.  Co-owned buildings are covered by most existing real estate laws in Cambodia but there are a few regulations exclusive to this type of property. Developers can be heavily penalised if they don’t follow these regulations in the Kingdom.We will guide you on the legal frameworks of co-owned buildings. Additionally, you will learn what is required if you are a developer in Cambodia.Keep in mind that you can browse hundreds of co-owned buildings on our site and you should always consult with a qualified legal team if you have doubts.What is a co-owned building?When people say “condominium” they are usually referring to a co-owned residential building. Under a co-ownership arrangement in Cambodia, several owners live in the same building. A co-owned building consists of units that are exclusively owned, with common areas whose use and benefits are shared among the co-owners.There are several types of co-owned buildings:Detached buildingsSemi-detached buildingsAttached housesIn the past, foreigners weren’t allowed to buy condos in Cambodia. In 2010, however, the law changed. Anything from the first floor and up can be owned by a foreigner. Also, foreigner ownership cannot exceed 70% in a single building.Find out more about buying a condo in Cambodia as a foreigner.Legal aspects for developers:Project licenceBefore work begins, a developer is required to obtain a project licence from the Ministry of Finance and Economy (MEF).This requirement was set forth in Prakas 965 and there are two types of licences:Type 1 licence is for developers who finance their projects by themselves. Type 2 license is issued to developers who raise money from their buyers.Holders of a Type 1 licence can only sell units within the development once the project is complete. Developers having a Type 2 licence can pre-sell, but only after obtaining a construction permit and a project permit from the MEF.Developers must make a deposit of 2% of the total value of the project into an account with the National Bank of Cambodia (NBC). This measure is meant to protect investors and their money in the event the project is not completed.The government has the right to revoke the licence if the developer fails to finish the project on time or if the developer fails to follow the legal obligations required under the law.Construction permitsSave for a few exemptions, a construction permit is required for any construction work or development in Cambodia.Applicants must complete forms and submit them to the Ministry of Land Management, Urban Planning and Construction (MLMUPC). Supporting documents must also be filed at the commune, district and municipal levels. All submissions must be made in Khmer.The application must bear the signature of the landowner and a licensed project designer or architect.The authority to issue construction permits mostly falls within the jurisdiction of municipal or provincial officials. For big projects like airports and seaports, it is the National Committee of Land Management, Urban Planning and Construction that issues the necessary permits.Under Cambodian law, a construction permit is only issued if the applicant follows or is compliant with the master plan, land use plan, and other governing rules and regulations.Other relevant permits in CambodiaIn addition to the permits mentioned above, there are others that will be required throughout the process of development:A site opening permit is required to open a building site. This is issued by the MLMUPC. The ground cannot be broken before obtaining this permit.A site closing permit is required once the construction is finished. This is a key component in the process. A certificate of compliance is also required before the project is considered finished. Keeping to codeIt’s important to follow the letter of the law when it comes to real estate in Cambodia. If problems occur, court cases can be long and painful affairs. It’s important to do all your research before beginning the process. Realestate.com.kh urges everyone to enlist the help of qualified legal professionals.Note: This is a general guide and does not constitute definitive legal advice. Always do your own research and invest at your own risk.Looking for property investments in Cambodia? Let us help!

Cambodia is in the middle of a property boom. Commercial, residential, and mixed-use developments are sprouting one after the other in the Kingdom’s urban areas like Phnom Penh, Siem Reap, Sihanoukville, and Battambang. Seeing the boundless opportunities before them, many wealthy Cambodians who previously have no engagement with Cambodia’s real estate industry have started investing heavily in the sector. The Kingdom also become a favourite destination for property investors across the globe. Chinese, Japanese, Koreans, Singaporeans, and Thais are among the top real estate investors in Cambodia.In this article, we offer a practical overview and informative video of the legal guide for those interested in the real estate market. Areas for investmentThe real estate market in Cambodia has a few key segments:The market for residential condos is huge. Currently, most of the supply here is in the middle and high-end of the market. Condos are popular with international investors.Boreys, or gated residential communities, tend to be the focus for local buyers. These are often landed properties.Key concernsEveryone knows that high risk brings a high reward. Fortunately, Cambodia brings a healthy balance between the two. Here are some key concerns about investing:Proper Co-Ownership Rules  Enforcing leases is possible in Cambodia, but going to court is still a bit of a problem. It is important to structure your co-ownership rules with very detailed information, including checks and balances, to make sure you are not subject to claims. Otherwise, there is a possibility of being sued. No Shortcuts in the Construction Permit Application Make sure the construction permit application procedures are followed strictly. You also need to have the right support from the start. Otherwise, you will encounter many problems with titling and other matters. For instance, some developers have complained of being unable to title the entire size of their building despite their layout being approved.  So-called “gaps” in the process are the most likely culprit. Timely Issuance of Titles is Important If buyers want to have a property purchase refinanced by a bank, it is quite important to have a title in hand. Some banks won’t allow refinancing without a title. For certain developments, it can take two or three weeks to have a title issued. As a developer, you want to make sure that you can issue a title on time so your clients will not be in default on payment.  Internal Regulations Before Sales You must have clear regulations setting forth the rights of customers before announcing sales. Quite often, the regulations are an essential part of your sales process and give you an edge over your competition, especially if you are prompt in issuing them. Knowledge about property taxes is critical. This is an important concern for developers. You can make informed decisions only if you have at least a basic knowledge about the different kinds of property taxes, where they apply, or how they are computed. Get the right helpAt the end of the day, it pays off to get the help of legal professionals. It’s better to pay for help upfront than to have major problems later on. There are plenty of legal firms in the country which specialise in real estate law. Note: This is a general guide and does not constitute definitive legal advice. Always do your own research and invest at your own risk. For more information on real estate in Cambodia, contact us!  Looking for property investments in Cambodia? Let us help!

The beautiful beaches, amazing scenery and relaxed lifestyle are just a few reasons expats choose to live in Sihanoukville. It used to be a sleepy backpacker oasis. Now it’s one of the busiest places in Cambodia.This guide will walk you through every step of finding real estate for rent in Sihanoukville. We’ll run through all the options you have. Of course, we’ll give you a ballpark price for each kind of accommodation. Then we’ll finish up by giving you the local trick to reducing your monthly rent.What types of housing are available in Sihanoukville?Options used to be pretty limited here. In the past few years, however, development has exploded in the province. Every month sees more projects and more renovations.Long-term guesthouse stayIt’s common to hear expats say they came to Cambodia just for a visit then ended up staying for years. Maybe this is why so many guesthouses in Sihanoukville offer their rooms up for monthly rates.You can usually find rooms or even bungalows for around $300 a month. This includes cleaning, too. It can be a good option if you are still deciding whether you want to move here long term.VillasVillas for rent in Sihanoukville are freestanding concrete houses located on their own plot. They are usually fenced in by a wall and sometimes even have trees and a pool.If you need more than three bedrooms and want a bit of privacy, villas are great. They are especially great for hosting barbeques or other functions. Smaller villas can be rented for between $1,000 to $2,500 per month. Bigger villas with more than six bedrooms and luxury features can go for as much as $9,000 per month.ApartmentsFor most expats in Sihanoukville, an apartments for rent in Sihanoukville will do. These can be found in a wide range of setups. Most have either one or two bedrooms, a kitchen, and, most likely, a balcony.Simple spaces can be found for as little as $400 per month. For a building with more amenities, you will pay more, of course. A luxury two-bedroom can be rented for between $1,500 and $2,000 per month.ShophousesMain roads have tons of shophouses for rent in Sihanoukville. They are the tall skinny buildings that are often used as shops on the ground floor. Landlords often rent them out by floors. If you want to live in a place with two or three bedrooms, this could be the option for you. Full shophouse buildings are three to four floors high. The whole property can be rented for $8,000 to $10,000 per month. Of course, it will be a fraction of this if you are just renting one floor.Traditional Khmer housesIf you drive through Cambodia, you’ll see plenty of these houses for rent in Sihanoukville. They are usually on stilts and made of wood. This is a rare option for expats, but it’s still possible to rent a house like this.Prices here are slightly lower than villas. Numbers vary based on location and number of bedrooms.Where do the expats live?Unlike Phnom Penh, Sihanoukville is still quite small. You can easily ride across town on a motorbike in a jiffy. Many expats still choose to live in a few areas with more restaurants, Western-style shops and bars, however.Victory Beach might be most reminiscent of old Sihanoukville. Things have grown, of course, but the vibe is still similar.Central Sihanoukville (near Gold Lion statue). Just off Ouchheuteal Beach, this area has tons of backpacker hostels and casinos. Live here to stay close to the action.Otres Beach is a 20-minute ride from the Gold Lion Roundabout. Aspiring beach bums will want to live here. Koh Rong is an island connected to Sihanoukville by ferry. This is mainly a backpacker island. Many expats have been known to lay down roots there. If you want to start your own hostel or bar, this is a great place to do it.Average monthly rentExpats living in Sihanoukville should expect to pay:Around $300 or $400 on the low end for either an apartment or one room in a small villa with roommates.Up to $800 per month for a more luxurious apartment or a room in a larger villa with roommates.Keep in mind that rent will decrease the further away from the centre you are. It is possible to find rooms for as little as $200 per month.The official electricity rate for Sihanoukville is 720 riel per kWh. Some landlords will try to tack on extra charges here. Internet fees are usually around $30 per month. Water rates are between 1,500 and 2,000 riel per cubic metre, depending on usage. This shouldn’t be higher than $5 or $10 per month, normally.Insider tipDrumroll, please. The easiest way to cut down your monthly rent is to shop around and negotiate. True, Sihanoukville is experiencing high demand right now. But there’s still plenty of places eager for tenants. To become a master negotiator, read our top five negotiating tips to seal the best deal.A simple way to find an apartment is to have a trusted agent in Cambodia show you around. That way you’ll get a better sense of what’s available. For example, if you see three similar places which are asking for $450 a month offer $400. It’s as simple as that!Comment and let us know if this guide was helpful. Tell us about your experience finding a place in Sihanoukville.If you want a free crash course on business and real estate in Sihanoukville and all of Cambodia, browse through out Investment Guide 2019. It has everything an investor or renter would want to know!Plus, check out our expat rental guide to Phnom Penh and expat rental guide to Siem Reap if you’re looking to live there.

A majority of Siem Reap’s roads are paved, making it easier for residents to move around. Photo from Khmer Times.Siem Reap is an amazing area of Cambodia filled with history. It’s no surprise that many expats chose to move here when they arrived in the Kingdom. Temples, nature, culture and arts are just a few of the factors that make Temple Town so great.This Expat Rental Guide will help you figure out how to find the best expat rentals in Siem Reap. This guide will also answer the following questions you need to know before signing that rental agreement:How much does it cost to rent in Siem Reap?What’s the best property for an expat to rent in Siem Reap?What should I keep in mind before renting in Siem Reap?Realestate.com.kh is Cambodia’s largest real estate classifieds portal. It is home to over 30,000 (and growing) property listings and works with the most reliable real estate developers and agencies across the Kingdom.For this guide Realestate.com.kh is collaborating with Daka Kun Realty, a popular real estate agency in Siem Reap staffed by local real estate experts, to help expats find the right property for their needs!How much does it cost to rent in Siem Reap?There are plenty of quality houses/villas for rent in Siem Reap without breaking the bank, like this one from Daka Kun Realty.For a ballpark estimate, renting in Siem Reap can cost anywhere from US $350 - $2,000 including utilities, this figure is dependent on several factors like type of property, size, facilities and location. Check out our breakdown of the different costs in the guide below.Monthly Rent in Siem ReapRenting a residential property in Siem Reap can cost anywhere from $250 to upwards of $1,800 per month depending on type of property, amenities available and location. A 1-bedroom apartment could cost $300 USD a month or even $600 USD a month if you’re feeling fancy, while a 2-bedroom can cost as low as $500. Siem Reap has a lot of rental properties to the point that your mileage may vary.Houses and villas (houses with yards) are also available for rent in Siem Reap. According to Daka Kun Realty, which has a whole portfolio of landed properties for rent, landed houses usually start rentals at $300 per month.Check available rentals in Siem Reap todayRental Deposit in Siem ReapRental Deposits in Siem Reap (and Cambodia in general) can be the equivalent of 1-2 month’s rent. According to Daka Kun Realty, this depends on the length of stay agreed on: a 6-month lease commonly asks for a 1-month rental equivalent and a 12-month lease could be up to 2 months. Although this may vary from landlord to landlord.The deposit is used to pay for any damages/lost items incurred during your stay on the property. Sometimes this is used to pay for your last month of renting the property. Though this depends on the rental agreement.Electricity cost in Siem ReapElectricity cost in Cambodia is around 800 - 1000 KHR per kWh (0.21 - 0.25 USD cents per kWh). Yes, it is considerably more expensive compared to neighbouring countries like Thailand and Vietnam. It is important to note that some landlords round this up to 0.25 USD per kWh.According to Daka Kun Realty, expat renters can expect the electricity costs in Siem Reap.Property typeCost in KHR per kWhCost in USD per kWhApartment1,0000.25House/Villa7800.19Water cost in Siem reapWater utility in Siem Reap is adjusted depending on monthly consumption. But generally, there are fixed rates employed by landlords to simplify calculations.Property typeCost in KHR per m3Cost in USD per m3Apartment2,5000.62House/Villa1,7000.42Rental TaxesThere is a withholding tax of 14% for rental properties in Cambodia. However, it is common practice for landlords to cover this.What is the best property to rent as an expat in Siem Reap?Siem Reap offers a lot of choices that cater to many different walks of life. Given its diverse population, much of its rentals have also grown to accommodate many different tastes. Find out which one is right for you (and your budget!)Apartments/CondosExpect around $250 per month as a starting price for new/renovated 1-bedroom apartments in Siem Reap. You can find a table below of what prices to expect when renting in the city.Cost of renting an apartment in Siem ReapNumber of bedsMedian rent per month1-bedroom$2502-bedroom$3503-bedroom$500NOTE: These are starting prices of recommended properties for expatriates, especially those looking for western-style apartments like in the image above. You can still find more affordable/premium accommodations by searching on Realestate.com.khAmenities to expect in apartments in Siem ReapRentals in Siem Reap have usual inclusions such as furnishings, appliances, and common fixtures. The only thing missing might be a WiFi connection. However, more landlords have started installing WiFi to make things easier for expatriates.Apartments for rent in Siem ReapHouse/VillaAccording to Daka Kun Realty, houses start at $300 while villas start at $500 per month. Houses/Villas available for rent often come complete with furnished interiors and some additions depending on how premium the property is.Houses/Villas are interchangeable when referring to rental properties. Villas, however, usually have large yards and spacious interiors.Cost of renting a house/villa in Siem ReapType of PropertyStarting rentHouse$300Villa$500NOTE: These are starting prices of recommended properties for expatriates, especially those looking for western-style homes/home interiors like in the image above. You can still find more affordable accommodations by searching on Realestate.com.kh.Amenities to expect in houses/villas in Siem ReapUsual inclusions are the furnishings, appliances and common fixtures. The only thing missing might be a WiFi connection. However, more landlords have started installing WiFi to make things easier for expatriates.Houses for rent in Siem ReapWhere are the best areas for expats to rent?Siem Reap’s central areas are the best areas for expats to rent. They’re close to supermarkets, restaurants, shops, and anywhere else you might need something from. Daka Kun Realty recommends the following areas:Sala KamreukSala Kamraeuk commune. East of the river and south of Highway 6, this area is fairly quiet, but still has a range of restaurants and shops.Svay DangkumSvay Dangkum is across the river from Sala Kamraeuk. Most of the backpacker hostels are here. And don’t forget the famous Pub Street!Sla KramSla Kram is north of Sala Kamraeuk. It’s closer to Angkor Wat park and has tons of local flavour.Things to consider before renting in Siem ReapWhen signing on the dotted line for rental properties, small very important details are oftentimes overlooked. But you should remember that your final lease agreement might not include many important elements that will ultimately make or break a rental agreement. You can check out our guide on a rental checklist worth going over before signing any lease!Things to consider when renting in CambodiaWhether you’re someone new to renting or it’s your first time coming to Siem Reap, we hope this guide has given you a few things to consider for your future rental in the temple town. Now, the real step begins: Find the right rental property in Siem Reap for you!Help me find an apartment/house for rent in Siem ReapArticle by:

So you’ve landed in the “Kingdom of Wonder.” Now you’re ready to find a place to live. Don’t be scared! This process might be difficult in other parts of the world. Here, however, finding expat rentals in Phnom Penh is simple.First, this guide will outline what choices you have. Do you want to live in an apartment? A villa? A shophouse maybe?We will take you through all of these things. Also, we will let you know how much it costs to rent in Phnom Penh. In the end, we will tell you the secret of getting the best deal on rent.But first, here’s a few key facts you need to know about accommodation in Phnom Penh:Keep transportation in mind. Will you be riding a motorbike? Taking Grab? Most people choose to live close to where they work because the city tends to get heavily congested during rush hourMeet the landlord. Since they will be your contact on everything to do with the house, make sure the landlord is friendly. Most even speak English.Pick your area. Different neighbourhoods of Phnom Penh are very different. Make sure your place is close to everything you need.Agents are great. Rather than searching on your own, it’s usually easiest to get an agent. They can usually find you the perfect place in a matter of hours. Luckily, we have a list of the best agents in Phnom Penh.Types of accommodation in PPCompared to other cities in the world, Phnom Penh places tend to be straightforward. In fact, they fall into a few basic categories. For the most part, places in the same category will be almost identical.ShophousesThese are shophouses for rent in Phnom Penh because people often use the ground floor as a place for their business. Not always, though. These places are often rented out on each floor (they are usually three to four storeys high).Expats looking for affordability usually live in a shophouse. You can usually rent them out with one or two other roommates. Or sometimes you can find groups that are already looking for another roommate to fill one of their rooms.Either way, these places usually have bedrooms with en-suite bathrooms, full kitchens and at least one balcony. Shophouses in Phnom Penh are great places to live while on a budget.ApartmentWestern-style apartments for rent in Phnom Penh are becoming more and more popular in Phnom Penh these days. These are usually fully furnished. They can be found in a range of sizes.Different buildings will have different amenities. Smaller ones will just have parking and wifi. Bigger ones often have pools, gyms, security and weekly cleaning. We call these serviced apartments.If you’re an on-the-go kind of person this can often be the best option. Since everything is already there for you moving in is simple.For apartments, you can find anything from one to four bedrooms. VillasFreestanding houses are called villas for rent in Phnom Penh. They can vary in size, but usually, they have at least three or four bedrooms. Some are furnished, some aren’t. Most have dedicated parking and surrounded by fencing or walls, however.These can be a great option if you have a large group and you all want to live together. Villas in Phnom Penh are becoming rarer with every passing day. So, snatch them up while you can!Neighbourhoods of Phnom PenhChoosing where you want to live might be the most important decision you make. If you want to be in the centre of the city consider:expat rentals in Tonle Bassacexpat rentals in BKK1, expat rentals in BKK2 or expat rentals in BKK3expat rentals in Toul Tum Poung (aka Russian Market)expat rentals in Daun PenhOtherwise, if you want more of a quiet feel, try out:expat rentals in Toul Korkreal estate for rent in Wat Phnom, or evenexpat rentals in Chroy ChangvarWe have profiles of all these areas and more. So check those out if you need more details.PriceLastly, we have the million-dollar question: How much does it cost to rent a place in Phnom Penh?In short, you can find really affordable places and really expensive places. It all depends on what and where.On the low end, you can find rooms in shophouses for as little as $200 per month. This rate might be higher if you’re closer to the centre. Apartments will start at around $350 per month and go up from there. Look to pay around $500 for a well-furnished place in one of the central districts. Apartments with more than one bedroom can go for $700 to $2,000Villas usually start at around $1,000 per month. They can be as much as $5,000 per month in the centre of town. (Hint: If you opt for a villa it is wise to look in outer areas for the best deal)The official rate for electricity is 720 riel per kWh. However, many landlords will round this up to $0.25 for large buildings. The city's official water rate for residential spaces is between 550 and 1,270 riel per cubic metre. You should be paying between $20 to $60 per month for internet. If you pay for cleaning, you should look to spend from $30 to $100 a month, depending on the frequency.The secret to getting a dealSo, you know where you want to live. You know what kind of housing you want. What now?Well here’s the secret. Most landlords are open to negotiating rent rates. True, for newer places this might be harder. After taking a few tours, however, you will notice that there is no shortage of places to live.Because of this, you can often get them to knock down the monthly rent by $20 or so if you want to move in immediately. Heck, many agents will even negotiate on your behalf. To become a master negotiator, check out our five tips for negotiating.If you want to learn more about the business atmosphere in Cambodia, make sure to browse through our Investment Guide 2019. It covers everything an investor or renter should know.There you have it. Now get out there and find your new home in Phnom Penh.If you're already an expat living in Phnom Penh maybe you have thought about buying property. Browse through our listings for condos for sale in Phnom Penh. Get in on the action now!

Prior to 2020, imagining a future where no one went to work from an office, but rather, did all their work via the internet seemed like science fiction.Cambodia, and Phnom Penh in particular, saw a rise in the number of coworking spaces targeting digital nomads open up between 2016 and 2020, then the COVID-19 and pandemic totally changed the work dynamic globally and remote working and the gig economy seems more than likely a part of the modern workforce.The independence of being a freelancer, entrepreneur or digital nomad, or working remotely for full-time work has become more of a reality for more people.Cambodia was even ranked among the top ten nations for remote workers (digital nomads) to work from according to Club Med in 2021.There are also a wealth of options for finding office space in Cambodia. In 2020, Phnom Penh added 11 centrally owned office buildings - an additional 125,500 square metres (sqm) of office space- and a 34 per cent increase compared with 2019.Fast forward to the latter stages of COVID-19, by mid-2021 and the office building market is plentiful following the pandemic but CBRE said "previous economic downturns have been historically followed by leaps in technology, activity, and overall growth for economies, including real estate."As the population becomes more urbanised and more connected via tech, startup culture and opportunities for small and medium-sized enterprises (SMEs) are growing. However, these enterprises often have trouble securing capital. Coworking spaces can mitigate this problem.Coworking spaces usually offer up desk space, internet and other office amenities for a daily or monthly fee. They are a niche market but are also seeing integration into new mixed-use developments. These can be used as yet another outlet for developers and landlords wanting to hedge their bets in larger complexes.Here’s a guide to the best Cambodian coworking spaces.Coworking spaces in Phnom Penh:Phnom Penh is where most of the Cambodia coworking spaces are located. They all have a different vibe. We've given the most prominent spaces a short profile so you can decide which is the best suited for you.Impact Hub - The revolutionary coworking space Located in the heart of Phnom Penh’s BKK1, Impact Hub is a coworking space in Phnom Penh that aims to be more than just a place to work. They have tons of incubator programs and supportive programmes, workshops & events, mentorships, and resourceful networks.Impact Hub has a wide range of payment plans and its best to contact them for the latest rates to suit your needs.Weighing in on the startup culture in Cambodia, Impact Hub’s Director of Entrepreneurship & Innovation, Melanie Mossard, said the community of Khmer entrepreneurs there was mostly young graduates who were eager to bring innovation to the country.“The most pressing challenges for local entrepreneurs are getting access to capital, building communications skills for the business sector and developing human resources,” she noted, explaining that Impact Hub was adding even more programs such as mentorships, masterclasses, and an Innovation Space.They have partnered with several leading tech companies over recent years and also added a number of platforms to allow innovators to develop projects.Impact Hub17 Saint 306, Phnom Penh - 015 674 048Open 8am-8pm  WS1 by Factory Phnom Penh - The urban coworking space Just off National Highway 2 south of Phnom Penh, you’ll find the stylish Factory complex. The name says it all as this compound was set up in what used to be a factory. Graffiti pieces adorn the walls, and there’s a bike-share system. There is a whole community and tons of space offering a great vibe.Renting a coworking space at the WS1 Factory Workspace differs from a one-day pass or month access which has more features. Full offices can also be rented on a monthly agreement and they have more long-term options as well that span as much as 160 square metres.According to the Factory’s Corbett Hix, visitors to Workspace 1 include foreigners, local freelancers and startups. The rest of the campus, however, is occupied mostly by local businesses. “The truth is, despite the lack of a mature banking sector, there is a lot of private money floating around this country looking for an investment ...What we’re trying to do here at Factory, over the long term, is provide a place of inspiration, a place that will help cultivate original business ideas,” he said, adding that they wanted to provide training covering the less exciting parts of starting a business.The Factory is always evolving and there are on-site cafes, eateries, a craft beer brewery, art and performance spaces and a trampoline park.The Factory WS1 1159 NR2, Phnom Penh - 017 999 546 Emerald Hub - The startup coworking spaceWith Phnom Penh locations in both 7 Makara and BKK3, Emerald Hub’s coworking spaces seem to be tailored directly to the startup crowd. They boast a ton of community programming, mentor programs and partnerships with big names such as Smart and Sabay Digital.Day passes and monthly passes can also be purchased. You will get a feel for the local business scene if you spend enough time at Emerald Hub. Chea Mara, Emerald Hub’s general manager, said that 90% of the workers there are locals who are either long-time freelancers or part of established enterprises.“I think commitment and business operations are the biggest challenges for entrepreneurs in the country,” Mara said.(By mid-2021 it looked as if operations may have ceased).Emerald HubPPIU Building, 11th Floor, Phnom Penh - 093 316 781Open 8am-8:30pm  SmallWorld Realty - The original Cambodia coworking spaceTouting itself as Cambodia’s first homegrown workspace, SmallWorld is set up in the capital and was founded by local maverick Rithy Thul back in December of 2011. He is the brains behind several startups in Cambodia including Koompi, VitaminAir, and Selandra (Blockchain network focusing on empowering developers to build real-world Apps/Dapps)SmallWorld Realty was set up to look after the shared working space which is located at Raintree in 2021. They have co-working spaces, virtual offices, meeting rooms and within the building ar a rooftop area and cafe.SmallWorld Realty#2F-01, Raintree, #299 Preah Ang Duong - 017 669 881Open 7am-8pm  The Desk - The micro-office coworking spaceSelling itself as a space for micro-businesses in the ramp-up stage (but there are also freelancers, bloggers, etc). The Desk is a co-working space in Phnom Penh that aims to provide a community around their Tonle Bassac office.In addition to offering free mentorships, the organisation behind The Desk has ties to other coworking spaces in the region so they can facilitate travel between them for those on longer trips.A single desk here starts at $60 a month. Other plans are tailored to larger groups, such as the private offices that cost $350 per month and can accommodate six people. Norith Kim, a co-founder of The Desk, said that around 30% of the patrons there are foreigners, but the rest are mostly young local entrepreneurs. He added that there was no shortage of passion or enthusiasm in the country. However, he said the biggest challenge for newcomers is often establishing an airtight plan and assembling all the necessary skills.“Most of them are just inspired to run the business without a solid plan. They need to invest at least three to five years working for different companies so they can build their capacity before investing in [their own] business,” he urged.The Desk 206 Eo Preah Norodom Blvd (41), Phnom Penh - 097 217 7777Open 8am-8pm  Sahaka - The inspiring Cambodian coworking spaceFounded by four local ladies, this space on the south end of Phnom Penh with a tall ceiling and spacious design. Sahaka is pitched as a space that is both affordable and professional. If you’re keen on starting a business in Cambodia, this could be a place you want to try out. In addition to co-working facilities, they also offer consulting services on business registration and tax compliance in the country.There are serviced and private offices as well as open workspaces. Even if you aren’t looking for desk space, they host some great training seminars and lectures from regional experts.SahakaStreet 484, Phnom Penh - 088 208 1111Open 8:30am-8pm The Atom Vattanac- The classy business spaceThe Atom is one of the newest working spaces in Phnom Penh, entering the market late in 2020 and offers a premium co-working hub located on the sixth floor of the Vattanac Capital Lifestyle Cube. There is an in-house cafe and a selection of open working spaces and private offices, meeting spaces and premium lounge seating to work from. This will be an ideal business hub for professionals staying in the area.AtomVattanac Capital Lifestyle Cube, Level 6, Phnom Penh  - 023 963 039Open 8am-8pm  The Outpost - The boutique coworking spaceRelatively secluded on the Chroy Changvar peninsula is Outpost, a co-living and a 24-hour co-working space that offers up a well-tailored experience. They are on the top two floors of a green penthouse and boast balconies, a library and even meditation areas. David Abraham, is the co-founder of Outpost and added that they collaborate with the Yellow Tower, offering advice and thoughts on what makes a good community.The living space saw a mix of first-time travellers and established entrepreneurs. At the coworking space, however, it was a vast mix of locals and visitors.The Outpost was looking at moving location in mid-2021, posting online:  "Outpost Cambodia is currently moving. We will be reopening shortly in a new location. We can’t wait to welcome you to our new destination."Yellow Tower - The Urban Oasis was still promoting office space and co-working space by July 2021.The OutpostYellow Tower 191 Tonle Sap Street, Phnom Penh - 012 731 103Open 24 hours  Map of Phnom Penh coworking spaces:If you want to discover all of the different visa options to work in Cambodia legally, see our guide on visas in Cambodia.Siem Reap coworking spaces:Siem Reap has also seen coworking spaces pop up over recent years. However, the venues here can blur the line between business and hospitality and still compete with the numerous coffee shops in the Kingdom.The coworking spaces that offer accommodation have guesthouses and hotels to contend with as well.AngkorHUB - The digital nomad spaceSiem Reap’s AngkorHUB was one of the nation’s first coworking and living spaces with a social mission when it began operating. Since it has both workspace and accommodation on offer near one of the nation’s top tourist draws, it’s no surprise that it attracts those who work and travel simultaneously.Their space offers a range of features including SIM cards, airport pickup, food and even a cat named Tyler. They offer daily and monthly plans as well as accommodation plans that include access to the working space.Speaking on the evolution of coworking spaces in Cambodia, AngkorHUB founder Jeff Laflamme said that people are still accustomed to the idea of working for free in cafes. Businesses are evolving, however, and offering more help to new entrepreneurs.Even though a large chunk of AngkorHUB's customers are travellers, Laflamme added that promoting awareness about new working opportunities was a central mission of the place.“One of the biggest obstacles for Cambodians is that they are unaware of the opportunities of entrepreneurship. The current education system doesn’t seem to be addressing the current global workplace shifts,” Laflamme said.AngkorHUB896 Angkor Night Market St, Siem Reap - 088 706 8879Open 8am-6pm  BioLab - The coffee lover’s coworking spaceIf you love that coffeehouse vibe but want a dedicated place to work, Siem Reap’s BioLab may be the perfect middle ground. In addition to serving up java and snacks, this place offers a slew of productivity features. They have printing and scanning facilities as well as stationary available. The coffee served in glass beakers, is the focus here. It could be the best choice if you are a new entrepreneur and don’t yet want to commit to a more business-focused workspace. Buying food or drinks gets you access here, so it’s one of the cheapest options.BioLab’s manager Samnang Chou claimed that the majority of the patrons here are local freelancers. “Most of them depend on the flow of tourists. To overcome this they should focus on both local and tourist customers.”BioLab#0418 Wat Bo Rd Wat Bo, Siem Reap - 087 616 816Open 7am-9:30pm  Map of Siem Reap coworking spaces:Kampot coworking spaces:Kampot has always had a roaming and easy-come-easy-go expat population but more digital nomads and remote workers have opted for the laid back lifestyle in Kampot.This has seen more dedicated working spaces being added, but completion with the many excellent cafes in the riverside town is still fierce.Nomad Working Space - The mixed living digital nomad hangoutThis mixed hostel and guesthouse in Kampot also offer working spaces for short to mod term remote workers and digital nomads. There is a large roof space and a gym has also been added in 2021. Conference rooms and private offices are available to rent with access to A.V, projectors, whiteboards, flipcharts, desktop computers, super-fast fibre optic internet etcThere are 3 restaurants on-site and access to coffee and snacks.Nomad Working SpaceKampot - 088 441 3833Open 8am-8pmA niche marketCoworking spaces have had to ride out a turbulent time with the pandemic and some are still out of reach to some entrepreneurs and freelancers.Cafes are abundant throughout Cambodia and often preferred by some working remotely but for digital nomads, online teachers, startups and other tech-savvy professionals, a better-dedicated co-working space is better suited.Some of the requirements are the stability of printer access, consistent and fast wifi and air conditioning. Some remote workers also prefer to have green or open spaces when escaping their living environmentIf you want to elevate your business skills to the next level, download our free Investment Guide. It's got a full rundown of everything about enterprise in the Kingdom!