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Realestate.com.khโ€™s Investment & Market Analysis - Condominium Report
May 21, 2025, 8:02 a.m.
On May 20th, 2025, Realestate.com.kh published an extensive report titled โ€œCambodia Investment and Market Analysis,โ€ which provides a comprehensive overview of Cambodiaโ€™s condominium market. The report examines the current state of the condo sector, reviews past market trends, and offers insights into future prospects.The analysis highlights the challenges Cambodiaโ€™s real estate market has faced in recent years, including slower transaction volumes, price corrections, and a broad market reset affecting most sectors. While some segments continue to experience the effects of oversupply and shifting demand, early signs of stabilization are emerging in specific areas.Focusing on the post-pandemic recovery, the report details the surge in both sales and rental markets. It also explores the demographics and preferences of key buyer groups over recent years, shedding light on who is driving demand.Additionally, the report includes a practical case study to help buyers understand and calculate their return on investment (ROI). It offers essential resources such as a buyer toolkit, a due diligence checklist, and answers to frequently asked questions, making it a valuable guide for prospective purchasers.This thorough report is a vital resource for investors and buyers seeking to navigate Cambodiaโ€™s evolving condo market with confidence.Donโ€™t miss out on this essential insight into Cambodiaโ€™s condo market!ย ๐Ÿ‘‰ Click HERE to download the full โ€œCambodia Investment and Market Analysisโ€ report by Realestate.com.kh now!
Cambodia Bridges Cultural Heritage and Modern Living at Expo 2025 Japan, with J Tower 3 as a Symbol of Growth
Cambodia Bridges Cultural Heritage and Modern Living at Expo 2025 Japan, with J Tower 3 as a Symbol of Growth
May 14, 2025, 9:31 a.m.
Since Expo 2025 in Osaka, Japan opened on April 13, the Cambodia Pavilion has captured attention for its thoughtful blend and representation of the Kingdomโ€™s legacy and progress. Through advanced projection mapping and immersive displays, the pavilion brings to life Cambodiaโ€™s rich cultural heritage with a bold vision for the future.At the centre of the exhibit is a striking tribute to Koh Ker Temple, a UNESCO World Heritage Site known for its architectural boldness and historical significance. Surrounded by artefacts and symbolic design elements, the pavilion pays homage to Cambodiaโ€™s ancient temples and natural beauty. Alongside this tribute to the past, Cambodia is also presenting its future.One of the pavilionโ€™s most talked-about features is J Tower 3 - a landmark condominium project currently under construction in Phnom Penh. The project reflects Cambodiaโ€™s accelerating urban transformation and rising international relevance as an emerging destination for tourism, investment, and development.Unlike the futuristic prototypes many countries are showcasing for 2050, Cambodia is presenting something real โ€” and already in motion. J Tower 3 is being built amid a surge of national infrastructure upgrades, including major expressways, ring roads, and the highly anticipated Techo International Airport, set to open in July 2025, which reinforces Phnom Penhโ€™s position as a modern gateway to the region. Its presence adds a sense of authenticity and credibility to the pavilionโ€™s story.At 333 meters tall, the modern J Tower 3 will tower above Phnom Penhโ€™s current skyline, and is vastly taller than the culturally significant Koh Kerโ€™s 36-meter stepped pyramid. The contrast is striking, symbolising a nation that honours its past while rising with confidence into a new era of modernity.โ€œAs a Japanese developer with multiple projects in Cambodia, weโ€™re deeply committed to supporting the countryโ€™s growth. Itโ€™s an honour to showcase both Cambodiaโ€™s potential and our project on such a global stage,โ€ said Tani Shunji, CEO of Tanichu Group.The inclusion of J Tower 3 in Cambodiaโ€™s national exhibit underscores its significance, not just as a building, but as a statement of ambition, confidence, and Cambodiaโ€™s strengthening relationship with Japan.According to exhibition staff, visitors have been surprised and impressed by the scale of the project. For many, it challenges outdated views of Cambodia as simply a land of temples or a developing nation. Instead, it positions the country as an emerging player in global urban development.As Expo 2025 continues to explore the future of cities and societies, Cambodiaโ€™s pavilion stands out โ€” not just for what it remembers, but for what's next.Click here if you would like to learn more about JTower 3.
Location guide to Koh Sdach
Location guide to Koh Sdach
May 13, 2025, 9:17 a.m.
Koh Sdach (King Island) is a small but stunning island located off the coast of Koh Kong Province in southwestern Cambodia. This small island, part of an archipelago of 12 islands, lies just a 10-minute boat ride from the mainland and is roughly midway between the towns of Koh Kong and Sihanoukville.It sits in the Gulf of Thailand, nestled between the mainland and a chain of untouched islands, making it a peaceful getaway surrounded by clear waters and rich marine life.About Koh Kong ProvinceKoh Kong is one of Cambodiaโ€™s most naturally diverse provinces, known for its tropical rainforests, mangroves, waterfalls, and beautiful beaches. It borders Thailand and is a gateway to both ecotourism and coastal development. Koh Kong is currently attracting attention for its natural beauty and potential for sustainable tourism and investment.(Source: "Koh Kong, Cambodia" Koh Kong, Cambodia)In recent years, Koh Kong Province has seen significant investment in road infrastructure, transforming it from a remote coastal region into a well-connected, accessible destination. The upgrade of National Road No. 48, which connects Koh Kong to Phnom Penh via National Road No. 4, has dramatically improved travel times and opened the province to both domestic and international visitors. The currently operating Dara Sakor Airport, which was officially opened to domestic charter flights in December 2024, ย currently serves flights primarily involving company staff and government officials, with plans to expand commercial operations as demand grows as well.ย How to Get to Koh SdachGetting to Koh Sdach is relatively easy, especially for adventurous travelers:From Phnom Penh, take a bus or private car to Kiri Sakor District, the nearest coastal access point. (You can go directly to Koh Kong or go along the Sihanoukville Expressway and continue your journey to Koh Kong via Sre Ambel road)When you arrive at the Kiri Sakor port, you can catch a local boat or private ferry to Koh Sdach from there. Depending on conditions, the boat ride takes about 10-15 minutes.**Please note that some eco-resorts or guesthouses can also arrange transfers directly.ย (Buva Sea boat to Koh Sdach by Vireak Buntham)What to Do on Koh SdachDespite its small size, Koh Sdach offers a laid-back island experience packed with nature and charm:Visit the local market: experience the vibrant local fishing village at Koh Sdach, where youโ€™ll be able to find a variety of fish and learn the traditional fishing techniques at the market. Thereโ€™s also a very popular ice-making plant where ice is produced and shipped to surrounding islands as well!Snorkeling & Diving: Explore coral reefs and colorful marine life on the nearby island.ย Island Hopping: Visit nearby untouched islands like Koh Totang and Koh Ach Seh, and many more.Fishing & Kayaking: Local tours offer authentic experiences with local fishermen or quiet paddling through calm waters.Cultural Exploration: Visit the fishing village, meet the locals, and discover island history, like how they say a legend says a king once lived here, giving the island its name.Development Around Koh SdachThe Koh Sdach area is starting to see more developments recently, with a focus on eco-resorts, sustainable tourism, and boutique investment opportunities. While the island itself remains relatively untouched compared to Cambodiaโ€™s more developed coastal destinations, the mainland directly opposite Koh Sdach is rapidly gaining traction among developers and investors.One of the most notable projects on the mainland is The Royal Beach Resort & Residenceโ€”a fully completed beachfront villa development in Kiri Sakor district, just a short boat ride from the island. This area offers quiet beaches, scenic views, and growing infrastructure, including access roads and nearby support services.ย (The Royal Beach Resort & Residence)With new road links and attention from both local and international developers, the mainland area near Koh Sdach is well-positioned for eco-conscious development, residential expansion, and tourism-based investment. Its combination of accessibility, natural beauty, and regulatory-friendly investment conditions makes it one of the most promising coastal regions in Cambodia.Thinking of Investing Near Koh Sdach?Whether you're looking for beachfront property, eco-resort opportunities, or long-term land investment, Realestate.com.kh is Cambodiaโ€™s #1 property platform. Explore listings, connect with trusted agents, and stay ahead of upcoming coastal developments. Contact us now!๐Ÿ“ž+855 92 92 1000๐Ÿ“ง info@realestate.com.khOr come and visit us at The Connect Center- Opening hours9:00 - 5:00 ย Monday-Fridayย 10:00 - 5:00 ย  ย  ย  ย Saturday - Sundayย Location: #306BCD, Monivong Blvd (93) Sangkat Chakto Mukh, Khan Doun Penh, Phnom Penh
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A Guide to Leasehold Property in Cambodia
May 21, 2025, 7:06 a.m.
If youโ€™re exploring real estate in Southeast Asia, youโ€™ll likely come across leasehold ownership โ€” a structure widely used in places like Thailand, Bali, Malaysia, and Singapore.Unlike freehold, where you own the property outright, leasehold gives you the right to occupy and use a property for a set period โ€” often 20 to 30 years in Indonesia and Thailand and 50-99 in cambodia โ€” under a legal agreement.When done right, leasehold can be a safe, practical, and cost-effective way to invest in premium locations. But understanding whoโ€™s behind the project and how the lease is structured makes all the difference.If the property is:Developed by a trusted, well-known companyProfessionally managed by an experienced operatorFinanced by a reputable bankThen leasehold can offer the lifestyle and investment benefits youโ€™re looking for, with added peace of mind.Additional reading: Understanding Cambodiaโ€™s Foreign Ownership LawsWhy Leasehold Is Used for Waterfront Development in Cambodia?Under Cambodian land law, private ownership via hard title is not permitted within 100 meters of the sea and 50 meters of rivers. These government-defined setback zones are in place to control development near natural waterlines.However, these areas can still be privately leased and developed. Thatโ€™s why leasehold has become the legal and practical vehicle for building along the coastline or riverfront. It enables developers to deliver high-end beachfront and waterfront projects while staying fully compliant with national regulations.For buyers, this means many true beachfront or riverfront properties in Cambodia will be leasehold, not because theyโ€™re risky, but because itโ€™s the only legal pathway to own property in these zones.That said, due diligence is still essential. Always make sure:The project is led by a trusted, reputable companyContracts like the Sale & Purchase Agreement (SPA) are reviewed by a qualified lawyerThe development is transparent, legally sound, and managed by experienced professionalsFurther reading: A Guide to Condo Buying: Due Diligence Checklist for CambodiaIn short,Leasehold can be a smart, secure way to own property โ€” as long as you understand the structure and choose the right partners.Contact us now for more information-๐Ÿ“ž+855 92 92 1000๐Ÿ“ง info@realestate.com.khOr come and visit us at The Connect Center- Opening hours9:00 - 5:00 ย Monday-Fridayย 10:00 - 5:00 ย  ย  ย  ย Saturday - Sundayย Location: #306BCD,Monivong Blvd (93) Sangkat Chakto Mukh, Khan Doun Penh, Phnom Penh
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A Guide to Condo Buying: Due Diligence Checklist for Cambodia
May 12, 2025, 7:02 a.m.
Investing in a condominium in Cambodia can be a rewarding decision, but it's essential to proceed with careful due diligence to avoid costly mistakes. Realestate.com.kh has compiled a comprehensive due diligence checklist to guide buyers through the key aspects of purchasing a condo in the Cambodian market. This guide outlines the critical checks and questions to ask before committing.** Due diligence: is the process of collecting and assessing all of the legal documents and information related to immovable property to understand and identify the potential liabilities and be able to make an informed decision.ย 1. Project, Agent & Developer VerificationBegin your journey by verifying the credentials of the developer and the sales agent. Ensure the developer is licensed and legally registered in Cambodia, and that the agentโ€”ideally supported by an in-house legal teamโ€”is also properly authorized.Key questions might include:Has the project received official approval from the Ministry of Land Management, Urban Planning and Construction (MLMUPC)?Is the project a strata title development, allowing individual ownership?Does the developer have a reliable track record of completing and handing over projects on time?Itโ€™s also wise to investigate any public complaints, legal issues, or disputes associated with the developer. Confirm whether the land has been used as loan collateral, as this can complicate ownership rights.2. Financial & Tax ConsiderationsUnderstanding the financial aspects of your purchase or investment is crucial. Check whether the booking fee is refundable and be clear on the payment structure, including deposits, milestone payments, and final balances.Buyers should ask:What taxes and fees apply, such as stamp duty or VAT?Are payments processed securely through a trusted channel?What is included in the saleโ€”furnishings, fixtures, or incentives like rental returns?Further reading: What Taxes Do You Pay When Buying Property in Cambodia?3. Legal & Contractual ReviewBefore signing any agreements, thoroughly review the Sales and Purchase Agreement (SPA). It should cover all essential elements, such as pricing, payment timelines, penalties, refund policies, and conditions around transfer and ownership.Pay special attention to whether the SPA:Mentions strata title registration and ownership rightsDetails of ongoing management fees and chargesOutlines the foreign ownership quota (and whether it is still available)Confirms your unit is not located on the ground floor if you're a foreign buyer (as ground-floor units are often restricted)4. Ownership Transfer & HandoverAs you approach completion, clarify the timeline and responsibilities for the final transfer of ownership:Will you receive the title certificate upon full payment?Who is responsible for registering ownership with MLMUPC?Are post-handover warranties or snag lists included?How long is the grace period?What is a grace period?ย In off-plan property, the grace period is a window (typically 6โ€“12 months) after the projected completion date during which the developer is not penalized for delays in handover. This period is built into the sale and purchase agreement to account for potential hold-ups such as delays in government inspections or final occupancy approvals, utility connection or infrastructure handover issues (like water, electricity, or road access), or weather-related construction impacts, especially during monsoon seasons.These final steps ensure your investment is properly protected and legally yours.Additional reading: Common payment terms for buying properties in cambodiaIn summary, skipping proper due diligence can lead to significant financial and legal risks. By following this checklist, buyersโ€”especially those purchasing off-plan or pre-launch condosโ€”can secure their investment with greater confidence.Always work with a licensed real estate agent who has access to in-house legal support! If you have any questions, feel free to contact Realestate.com.kh, your expert in this market. Weโ€™re ready to answer all of your questions and guide you through the process from start to finish!-Contact us now via-ย ๐Ÿ“ž+855 92 92 1000๐Ÿ“ง info@realestate.com.khOr come and visit us at The Connect Center- Opening hours9:00 - 5:00 ย Monday-Fridayย 10:00 - 5:00 ย  ย  ย  ย Saturday - Sundayย Location: #306BCD,Monivong Blvd (93) Sangkat Chakto Mukh, Khan Doun Penh, Phnom Penh
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Top 5 Infrastructure Projects Changing A Nation
Top 5 Infrastructure Projects Changing A Nation
May 9, 2025, 9:52 a.m.
The massive infrastructure projects in Cambodia are part of a broader government strategy to modernise Cambodiaโ€™s transport and logistics network and upscale its ability to be a more pivotal hub for trade, tourism, and logistics.ย These span projects that are underway nationwide and target specific needs to improve connectivity domestically and regionally, and require huge investments, but when these are completed over the next decade should place the Kingdom in a far stronger position for economic diversity and relevancy.Coastal Logistics Hub - Upgraded Sihanoukville Autonomous PortThe southern coast of Cambodia has been and continues to be transformed by massive investments and ambitious large-scale projects. The important economic hub and gateway to the islands is at the forefront of Cambodiaโ€™s development ambitions, and investment in special economic zones (SEZ) is part of the national and provincial comprehensive 10-year master plan targeting sustainable, diversified growth through 2038, and much of this relies on international partner funding from China and Japanย Notably, the Sihanoukville Special Economic Zone (SSEZ) has more than 200 international companies operating in the SSEZ, and China further reaffirmed support for the Sihanoukville Special Economic Zone and supports Cambodia working toward its goal of becoming a high-income country by 2050.The SSEZ is also hinged on the already in-use Phnom Penh-Sihanoukville Expressway, which has improved logistics and accessibility, cutting down the travel time from the nation's biggest port to the capital, while the Sihanoukville International Airport has had continual upgrades to support larger aircraft and rising passenger numbers by 2026.ย The development means catering for a predicted larger population area in the region, so new real estate and property projects such as Time Square 10 Ocean View have begun.But the biggest part of the logistics puzzle is the Sihanoukville Autonomous Port (PAS,) the Kingdomโ€™s only deep-water seaport, which has been undergoing massive investment to upgrade its facilities to handle larger ships and more cargo as part of the repositioning to be a regional logistics hub. The upgrades include the expansion of ship berths and the acquisition of modern machinery aimed at improving port efficiency.ย The PAS is expected to reach a handling capacity of 3 million TEUs by 2032, positioning it as a key regional logistics hub and at completion of the upgrade work, the port will have a 17.5-metre depth container terminal that can allow larger cargo ships from the United States and Europe to dock directly without transiting elsewhere.Find out more about infrastructure projects in SihanoukvilleTransport Infrastructure - Techo International AirportThe national transportation infrastructure development aligns with broader urban expansion plans, and these infrastructure improvements will play a crucial role in supporting the various citiesโ€™ economic vibrancy and quality of life for their residents as well.In the capital, the expansion has ventured south as the new airport in Phnom Penh, the Techo International Airport, is due to open in July 2025 (on the 10th of July if recent media articles are to be believed) after six years of construction.The modern airport spans 2,600 hectares and is located south of the Cambodian capital and should be capable of handling between 13-15 million passengers annually, which will enhance connectivity, drive economic growth, and position Cambodia as a major regional travel hub.Expected to be one of the largest airports in Southeast Asia, Techo International Airport will greatly expand flight routes, attracting more direct international connections to key global destinations, and the phased development is broken down as below:Phase 1 (2025) โ€“ A 4-kilometre runway capable of handling Code 4F aircraft with a passenger capacity of 15 million annually.Phase 2 (2040) โ€“ Expansion to 30 million passengers per year, improving connectivity and operational efficiency.Phase 3 (2050) โ€“ Full completion, boosting capacity to 45 million passengers annually, placing Cambodia among the regionโ€™s key air transport hubs.There is a good track record in cities worldwide that major airport projects tend to boost property values in surrounding areas due to the increasing demand for residential and commercial developments near the airport. The byproduct is also the construction of additional infrastructure such as roads & highways, rail links, and commercial hubs.Logistics Infrastructure By Road, Rail, and SeaFunan Techo CanalArguably, the largest infrastructure project in the Kingdom in terms of changing the potential for Cambodia to be a real competitive player in the regional supply chain and logistics landscape is the Funan Techo Canal.The project has been in the news for some years, and following the launch in 2024, the massive project was again in the spotlight as the leaders from China and Cambodia met in Phnom Penh in ย Q2 2025, signing further agreements and agreeing to fund the projectย President Xiโ€™s visit resulted in the signing of a USD 1.156 billion agreement for the construction of the Funan Techo Canal (FTC) project, which has a projected total cost of USD 1.7 billion.ย Similar to previous projects with China, the canal will be developed under a Build-Operate-Transfer (BOT) model and will be managed by Funan Techo Coastal-Inland Waterways Company Ltd., a special-purpose company with joint ownership, with 51 per cent held by Cambodian firms and 49 per cent held by the China Road and Bridge Corporation. Cambodian shareholders include the Overseas Cambodian Investment Corporation (OCIC), Sihanoukville Autonomous Port (PAS), and the Phnom Penh Autonomous Port (PPAP).The 150+ kilometre canal will stretch from the Bassac River in Phnom Penh to the coastal province of Kep, and will be able to handle vessels up to 3,000 deadweight tons (DWT) and underpins grand ambitions for the Kingdomโ€™s position as a regional supply chain and logistics hub.This also comes in the backdrop of logistics costs being seen as one of the biggest barriers to entry by some business groups. In Q1 2025, EuroCham Cambodia said, โ€œIndeed, logistics remains one of, if not the, major challenges of doing business in Cambodia, in terms of cost, paperwork, relevance to trade in and out of Cambodia, regional connectivity and cross-border trade.โ€The completed FTC is expected to cut shipping costs by potentially 70 per cent and facilitate smoother trade routes, thereby reducing Cambodiaโ€™s reliance on neighbouring country ports.Railroad Developments Cambodiaย The Cambodian government issued a directive on the determination of Priority Sectors for Public-Private Partnerships Projects (2025-2035) in 2024, which highlighted transport and logistics as key priorities.ย Sor Yilin, Director of the Department of Logistics Monitoring and Evaluation, said that based on the results of a corporate survey conducted in 2023, If we review from the first version of our corporate survey until now, there are a lot of significant improvements, particularly in logistics services," said Yilin. โ€œBut somehow, compared to the logistics cost of our neighbouring countries, it is still very high [in Cambodia]. So that is something that the government is trying to figure out while working closely with the private sector.โ€The long-term plan from 2028 to 2033 for railway development to address this includes high-speed railways between Phnom Penh and Sihanoukville; Phnom Penh and Poipet; and Phnom Penh and Bavet on the Vietnamese border.Another project touted is a possible high-speed rail network linking Cambodia to China via Thailand or Vietnam, with a US$ $4 billion price tag to develop the high-speed railway project, but for now it's only at a discussion stage.Ambassador Wang. said, โ€œI believe the Chinese side attaches great importance to railway cooperation, and we will actively promote it. We think that expanding railway collaboration will benefit both China and Cambodia, as well as enhance regional connectivity and improve the efficiency of transporting people and goods. As for which countries the railway from China to Cambodia will pass through, discussions are ongoing.โ€ย In April 2024, the Minister of Public Works and Transport, Peng Ponea, affirmed that several studies have already been conducted for the railway development process, and a strategic plan has been drafted across two phases a medium-term plan from 2023 to 2027, and a long-term plan from 2028 to 2033.The medium-term plan includes three railway development projects:Upgrade two existing railway lines (Phnom Penh-Sihanoukville and Phnom Penh-Poipet) to support higher-speed operations;Build a railway link connecting Phnom Penh to Techo International Airport.Build a railway link connecting Siem Reap International Airport to Siem Reap city.Regionally, ย there are massive investments to connect an ASEAN rail network, but Cambodia still has no regular international routes. The latest example is Malaysia and Thailand agreeing to revive the direct train service between Kuala Lumpur and Bangkok in 2025.Road Network Expansion and More ExpresswaysThere are ongoing developments of multiple expressways, with the Phnom Penh-Sihanoukville Expressway launched in 2022.The ongoing construction of the Phnom Penh-Bavet Expressway, which began in 2023 with a proposed construction period of 48 months and is scheduled for completion in 2027, will see the addition of a 138km expressway.In mid-2024, the Ministry of Public Works and Transport (MPWT) reported that the feasibility study for the Phnom Penh-Siem Reap-Poipet Expressway had been completed, and if approved, when completed, will have a total length of 400 km, with an estimated total cost of US$ $4.2 billion.This is in addition to several bridges that are being built in the urban centres and nationally to help ease access and improve efficient transportation.
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Why Sihanoukville Is Cambodiaโ€™s Top Destination for Infrastructure Investment
May 7, 2025, 8:59 a.m.
Sihanoukville stands at the forefront of Cambodiaโ€™s development ambitions, with a cautious but growing optimism in its economic and construction sectors. This positive outlook is established by a wave of large-scale infrastructure projects, new investment in special economic zones (SEZs), and the cityโ€™s alignment with a comprehensive 10-year master plan targeting sustainable, diversified growth through 2038.Key Drivers of Sihanoukvilleโ€™s Transformation1. Major Infrastructure Projects Fueling GrowthSihanoukville is benefiting from billions of dollars in infrastructure investment, including:The Phnom Penh-Sihanoukville Expressway which has dramatically improved logistics and accessibility.The expansion of Sihanoukville International Airport, with new runways and terminals to support larger aircraft and rising passenger numbers by 2026.Upgrades to the Sihanoukville Autonomous Port, Cambodiaโ€™s only deep-water seaport, which is being expanded to handle increasing trade volumes and support the cityโ€™s role as a logistics hub.These projects are part of a broader government strategy to modernize Cambodiaโ€™s transport and logistics network, positioning Sihanoukville as a key trade, tourism, and investment gateway.2. Special Economic Zones Attracting InvestmentSihanoukvilleโ€™s 16 SEZs are well known for their economic strategy, offering incentives and faster processes to attract both domestic and international investors. New SEZs, such as the $500 million East Sihanouk Special Economic Zone, are set to create thousands of jobs and support industries ranging from manufacturing to logistics and technology. These zones are helping to diversify the cityโ€™s economy and drive long-term growth.3. Urban Development Guided by the Master PlanSihanoukvilleโ€™s 10-year master plan divides the city into specialized zones for tourism, industry, logistics, and finance, ensuring that growth is well-organized and sustainable. The plan emphasizes:Smart urban planning and clean, livable cities.Housing initiatives and improved public services.Environmental protection and climate resilience.Human resource development and technical skills training.This approach is designed to balance rapid development with quality of life and environmental sustainability, making Sihanoukville more attractive to residents, tourists, and investors as well.ย 4. Real Estate DevelopmentSihanoukvilleโ€™s infrastructure improvements and master plan have sparked a surge in real estate development, attracting both local and international investors eager to capitalize on the cityโ€™s growth potential.Time Square 10 Ocean View: Located at the entrance to Otres Beach, a fast-growing leisure and residential area south of Sihanoukvilleโ€™s city center, this 9th condominium project by Megakim World Corp is set to launch mid-2025. Time Square 10 offers modern living spaces designed to meet rising demand from residents and tourists, leveraging the improved connectivity brought by the expressway and other infrastructure upgrades.๐Ÿ”— Check out Time Squareโ€™s previous projects hereBay of Lights (Ream City): Developed by Canopy Sands Development, Bay of Lights is a massive 834-hectare coastal new city project along more than six kilometers of beachfront. This master-planned community will include condominiums, landed homes, affordable housing, shopping malls, business hubs, resorts, hotels, and a marina club. Designed to accommodate up to 130,000 residents, Bay of Lights is being built in phases through 2045, with the first phase expected to be completed in 2025. It represents a new standard for sustainable, integrated urban development in Cambodia.These projects certainly show how infrastructure and urban planning are creating attractive opportunities for real estate investment, helping to diversify Sihanoukvilleโ€™s economy and enhance its livability.Economic Outlookย Cambodiaโ€™s economic growth is forecast to remain strong, with the Asian Development Bank projecting 5.8% growth in 2024 and 6.0% in 2025. Sihanoukville, as a key economic pole, is expected to benefit from:Steady foreign direct investment supports major infrastructure and industrial projects.Rising imports of construction materials and equipment, driven by public infrastructure projects.Growth in tourism, manufacturing, and services, supported by improved connectivity and urban amenities.Further reading: Top 3 Ways Tourism and Investment Boost the Cambodian Property SectorThe governmentโ€™s proactive reforms-such as new land and construction policies, digitalization of land records, and green building initiatives further improve the business environment and attracting private sector participation.Sihanoukvilleโ€™s transformation is being powered by coordinated infrastructure upgrades, dynamic SEZ development, and a forward-looking master plan. These efforts are creating a foundation for sustainable economic growth, new construction opportunities, and a more vibrant urban environment-setting Sihanoukville on a clear path to becoming a leading economic and logistics hub in Cambodia and the region!โ€“For more information about real estate development in Sihanoukville, contact us now!ย ๐Ÿ“ž+855 92 92 1000๐Ÿ“ง info@realestate.com.khOr come and visit us at The Connect Center- Opening hoursMonday-Friday - 9:00 - 5:00Saturday - Sunday - 10:00 - 5:00ย Location: #306BCD,Monivong Blvd (93) Sangkat Chakto Mukh, Khan Doun Penh, Phnom Penh
Top 3 Ways Tourism And Investment Boost the Cambodian Property Sector
Top 3 Ways Tourism And Investment Boost the Cambodian Property Sector
May 6, 2025, 9:25 a.m.
The tariff turmoil continues to make global markets uncertain, and economic outlooks are reassessed in light of the uncertainty, but strategic planning and long-term investment remain key for growth rather than focusing on short-term challenges.Moodyโ€™s Ratings has cited heightened external pressures linked to global trade uncertainties and domestic economic challenges, and its forecast also suggests that Cambodian GDP growth could be cut from 5.3 per cent for 2025 to 3.3 per cent if the current suggested US tariff imposed on Cambodian goods remains in place.But a three-pronged approach in encouraging investment, developing infrastructure and connectivity, and increasing tourism (not just quantity but higher-spending visitors), all are positive outcomes for the Cambodian property sector.If You Build It, Will They Come?A play on words from the famous 1990s film Field of Dreams, the focus of building with the hope of attracting buyers and investors has evolved in the Kingdom and globally. But increased connectivity and major transport links do support the construction market.Most recently, the largest infrastructure project in the Kingdom, the Funan Techo Canal, was again in the spotlight but seemed to have some reprieve with China and Cambodia signing further agreements on its construction, which is hoped to underpin a massive change in the Kingdomโ€™s place as a regional supply chain and logistics hub.Another project touted is a high-speed rail network linking Cambodia to China via Thailand or Vietnam, with a US$ $4 billion price tag to develop the high-speed railway project, but for now it's only at a discussion stage.There are several other projects which have been reported on for years. The long-term plan of the Cambodian government between 2028 to 2033 is to develop five more railway projects, as well as an urban railway system in Phnom Penh to accommodate the capitalโ€™s rapid growth in urban traffic. By the last count, there had been 3-4 feasibility studies on this, but the funding needed is substantial.On the road network domestically, there are many upgrades with bridges and infrastructure improvements underway. The latest addition to the capital is the Morodok Techo Overpass. The two-story flyover was inaugurated in April 2025.The reason these connectivity and transport links are key to the property sector is that historically they all lead to new areas of commercial and residential development along the transport routes - the sprawl of the capital to the south in the direction towards the new airport is one such example.Connect The Kingdom To the WorldWe are edging closer to the opening of the new airport in Phnom Penh, which brings with it the usual dose of excitement and trepidation as the Techo International Airport is due to open in July 2025. This follows six years of construction, and the massive airport spans 2,600 hectares, while being located 30 kilometres south of the capital.Charles Vann, director of the airportโ€™s project steering committee, said during one of several media tours that they believe that many passengers are excited by the airport, which is capable of handling up to 13 million passengers a year. Cambodia received around 6.7 million international tourists in 2024Another media report has suggested Cambodia and Australia will focus on launching direct flights, which is said to be following an alleged sharp rise in Australian interest in Siem Reap.ย The suggestion was that more Australians would visit Cambodia if there were direct flights connecting the countries. Before the pandemic, 45,000 Australian tourists visited Cambodia in 2019, which remains nearly the same today, with the Australian Bureau of Statistics indicating approximately 39,300 Australians visited Cambodia in 2024.Over the past five years, this reporting of increased direct flights to new untapped markets has surfaced several times, and who knows if we are any closer to seeing them materialise But the Techo International Airport is the best hope we have yet of more long-distance carriers flying to Cambodia directly or at least using it as a stopover from other established hubs in the Southeast Asia region.When Huot Hak, Minister of Tourism, met with Australian Ambassador Derek Yip in April 2025, the pair discussed cooperation to promote direct flights connecting the two nations.ย Mr. Huot Hak has also met with the British Ambassador to Cambodia, Dominic Williams, to discuss tourism destinations, travel facilitation, and promotion strategies, as well as Cambodian tourism potential to the United Kingdom.50 Must-Know FAQs for Real Estate Investors in CambodiaCambodia needs to attract more tourists who spend more. Moodys said the same, suggesting that there has been an absence of Chinese tourists despite recovery in tourism to pre-pandemic levels and tourists from neighbouring countries have comparatively diminished tourism receipts. It's not just about how many are coming to visit; more important is how much they are spending in Cambodia.It should be noted that neighbouring Thailand is reported to be shifting its attention to high-spending European tourists as Chinese visitor numbers decline and the Tourism Authority of Thailand (TAT) is collaborating with major airlines to boost flight frequency and introduce new routes from Europe - this has helped increase arrivals from the UK, France, Italy, Germany, Spain, and the Netherlands.ย For Cambodia, the latest news is a connecting flight to Japan, which the Kingdom has not had since pre-pandemic, but this route is not direct and has a stopover. Air Cambodia will launch its Japanese route between Phnom Penh and Osaka (approved by the aviation authorities) with a stop in Fuzhou, China. The flight will operate four times a week, and October 2025 is being suggested as the launch date.According to the State Secretariat of Civil Aviation, in Q1 2025, Cambodiaโ€™s three international airports handled 17,434 flights, which is a 19% increase compared to 2024, while passenger numbers were just shy of two million.Other routes due to be launched in 2025 are:Emirates will start flights between Dubai and Siem Reap in mid-2025, with a stopover in BangkokTurkish Airlines will start direct flights from Istanbul to Phnom Penh with a stopover in Bangkok in December. In October 2025Etihad is also due to begin flying between Abu Dhabi and Phnom Penh.New sea ports are also new entry points for tourism, and the stop-start opening of the Kampot International Tourism Port, which was officially launched on April 21, is intended to better connect tourists to major Cambodian islands, as well as Vietnam and Thailand.Hosting World Class Sport and SportstainmentThe recent announcement that LIV Golfโ€™s International Series will debut at the Chhun On Golf Resort in Phnom Penh from 9-12 October 2025 is a prime opportunity to showcase the Kingdom on the global sporting stage and often to a very lucrative market.The event will feature global LIV Golf stars alongside top players from the Asian Tour and should elevate Cambodiaโ€™s status as a golf destination, which will boost the countryโ€™s tourism and hospitality industries.Kith Meng, Chairman of Royal Group, said when the news broke, โ€œThis event will showcase Cambodia on the global sporting stage, attracting international attention and inspiring local communities to engage with sports. It will also drive growth in our tourism and hospitality industries, while highlighting the rich culture and hospitality of our nation.โ€It will also bring high-income earners who could be looking at property investments. Just one example where LIV Golf is seen to benefit its host is in Adelaide in Australia, which is the exclusive home of LIV Golf in the country until 2031 and has resulted in increased tourism and economy. The LIV Golf Adelaide event has contributed AU$ 136 million in its first two years and attracted thousands of visitors, while the tournamentโ€™s broadcast reaches more than 500 million viewers across 80 territories.From a Cambodian perspective, it aligns with the governmentโ€™s broader strategy to promote sporting tourism, but its track record to date is patchy. The most recent international event was the SEA Games hosted in 2023, which had some positive outcomes for nation-building but also left lots of opportunity to improve upon marketing the event, logistics and improving the fan experience.ย The SEA Games 2025 will be hosted in Thailand in December, and it's a great opportunity to showcase Cambodian sports and the countryโ€™s potential to the regional market.
megakim-world-corp-time-square-projects
Megakim World Corp Cambodia - Projects
May 2, 2025, 8:15 a.m.
Megakim World Corp is one of Cambodiaโ€™s most trusted condominium developers, renowned for delivering projects on time and as promised. Megakim continues to set new benchmarks in urban residential living.Time Square 1 โ€“ Completed 2017A 17-storey development in BKK1 offering 78 one-bedroom units, combining modern lifestyle with hotel-inspired amenities.ย Time Square 2 โ€“ Completed 2021Located in Toul Kork, this 30-storey condominium provides 1-3 bedroom units with modern finishes, catering to middle-class residents.Time Square 3 โ€“ Completed 2023ย A 25-storey mixed-use development in Toul Kork, featuring 280 residential units and commercial spaces, is designed for urban living.Time Square 306 (Time Square 5) โ€“ Completion Expected 2025Situated in BKK1, this 45-storey tower offers 350 units with amenities like a gym, infinity pool, and garden deck, ideal for modern lifestyles.Time Square 302 (Time Square 6) โ€“ Completion Expected 2027A 48-storey residential tower in BKK1, featuring one and two-bedroom units, rooftop amenities, and entertainment facilities for professionals.Time Square 7 โ€“ Completion Expected 2028ย A 49-storey high-rise in Toul Kork, offering 700 modern luxury condos with 1-3 bedrooms, close to shopping centers and educational institutions.Time Square 8 โ€“ Completion Expected 2028Located in Toul Tum Poung 1, this 50-storey condo provides 700 units with premium amenities, minutes away from key city landmarks.Time Square Gatsby 9 โ€“ Launching 2025ย An upcoming project in BKK1, inspired by 1920s elegance, aiming to offer sophisticated living spaces for discerning buyers.Time Square 10 Ocean View Sihanoukville โ€“ Launching 2025Planned for Sihanoukville, Time Square 10 promises ocean-view condos, expanding Megakim's footprint to Cambodia's coastal city.-ย Contact us now via-ย ๐Ÿ“ž+855 92 92 1000๐Ÿ“งย info@realestate.com.khOr come and visit us at The Connect Center- Opening hours9:00 - 5:00 ย Monday-Fridayย 10:00 - 5:00 Saturday - Sundayย Location: #306BCD,Monivong Blvd (93) Sangkat Chakto Mukh, Khan Doun Penh, Phnom Penh
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Time Square Gatsby 9 BKK1
May 6, 2025, 8:26 a.m.
BKK1, Phnom Penhโ€™s most sought-after district, will soon welcome its next standout address: Time Square Gatsby 9 โ€” a stylish blend of 1920s charm and modern luxury by Megakim World Corp.Inspired by Gatsby. Designed for the Future.As the name suggests, Time Square Gatsby 9 draws inspiration from the grandeur and glamour of the Great Gatsby era. But this isnโ€™t just nostalgia โ€” itโ€™s a refined vision of contemporary living wrapped in timeless design. Expect elegant facades, art-deco interiors, and a lifestyle that celebrates sophistication, right in the heart of Phnom Penh.Prime Location, Prime LivingTime Square Gatsby 9 marks the start of a more refined and luxurious chapter in Megakim World Corp.โ€™s story. While earlier projects like Time Square 302 and 306 successfully brought well-located, accessible homes to BKK1โ€™s growing middle class, the Gatsby series sets a new tone โ€” one defined by taste, prestige, and elevated living.This isnโ€™t just another central apartment โ€” itโ€™s a statement. Gatsby 9 is designed for those who expect more than convenience. Itโ€™s for buyers who value design, privacy, and the feeling of arriving somewhere truly exceptional.A Proven Developer With a Growing LegacyBacked by the experienced team at Megakim World Corp., Known for delivering quality developments that resonate with both local and international buyers, the developerโ€™s reputation adds significant confidence to this upcoming release.๐Ÿ”— Check out Time Squareโ€™s previous projects hereWhatโ€™s Coming: A Glimpse Behind the CurtainWhile full details remain under wraps, early previews of Time Square Gatsby 9 hint at a residence unlike anything Megakim has done before โ€” where lifestyle, luxury, and location converge at a higher level.Residents can expect:Panoramic city views โ€” made for evenings that impress.Wellness zones designed not just for fitness, but for restoration and balance.Five-star convenience to your everydayCheck out more about BKK1Why It MattersThe launch of Gatsby 9 comes at a time when buyer demand is increasingly focused on lifestyle, location, and livability. With BKK1 continuing to attract a strong mix of expats, professionals, and investors, the project is well-positioned to meet modern expectations and deliver strong value over time.
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Time Square 10 Ocean View Sihanoukville
May 2, 2025, 7:02 a.m.
Launching this June, Time Square 10 Ocean View is the newest addition to the Time Square portfolio by Megakim World Corp. โ€” Cambodiaโ€™s trusted name in condominium development. Perfectly positioned at the entrance to Otres Beach, right next to Brown Coffee, this exciting new project brings a rare opportunity to own a well-located, amenity-rich holiday home in one of Cambodiaโ€™s most iconic seaside destinations.A New Chapter for SihanoukvilleWhile Sihanoukville has had a checkered past, a clear resurgence is now underway. Since the opening of the Phnom Penhโ€“Sihanoukville Expressway, thousands of Cambodians are once again flocking to the coast. The city has become more accessible than ever โ€” making weekend getaways and second-home living a realistic choice for many.From Starbucks to Brown Coffee, major brands have returned, signaling renewed investor and consumer confidence in the coastal city.Why Otres is the FutureWhile the government works to clean up central Sihanoukville, the real lifestyle shift is heading south toward Otres Beach โ€” a naturally beautiful, less congested area thatโ€™s fast becoming the new heart of leisure, tourism, and beachfront living.Time Square 10 Ocean View is located at the entrance to Otres, right next to Brown โ€” giving buyers unbeatable access to the areaโ€™s best emerging attractions and weekend energy.Not Just a Condo โ€” A Lifestyle DestinationTime Square 10 is designed for modern holiday homeowners, investors, and lifestyle seekers alike.Buyers can expect:A beach club with rooftop viewsWellness center and relaxation zonesFull lifestyle amenities and 24/7 securityCafรฉs, coworking spaces, and onsite retailAffordable price points without compromise on qualityWhether you're looking for a personal escape or a smart investment, Time Square 10 delivers comfort, convenience, and long-term appeal โ€” all just steps from the sea.Why It MattersSihanoukville is more than just Cambodiaโ€™s beach capital โ€” it plays a vital role in national infrastructure, with the deep-sea port, international airport, and special economic zone (SEZ) driving long-term growth.And with a growing appetite among locals for short-stay escapes and long-term second homes, the demand for beachfront property is real. Time Square 10 Ocean View meets that demand with the right location, pricing, and vision โ€” delivered by a developer known for finishing what they start.๐Ÿ“ฉ Register your interest today to secure early access to Time Square 10 โ€” launching this June.*Click here
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Understanding the Sales and Purchase Agreement (SPA) in the Cambodia Real Estate Market
April 30, 2025, 8:49 a.m.
Based on the civil code of Cambodia, a contract is an agreement where two or more persons are willing to cooperate to make, modify, or cancel obligations. ย Additionally, the sale and purchase agreement (SPA) is the contract between the buyer and seller, whereby the seller is responsible for giving the buyer title or other rights to the property being sold, while the buyer must provide the seller with the sale price in return.ย This contract can be made through mutual agreement, either verbally or in writing. However, by law, the contractual purchase of real estate is required to be in writing. The Civil Code does not detail the information stated in the contract of sale of real estate, especially when selling and buying houses.So whatโ€™s typically included in a Sales and Purchase Agreement (SPA) in Cambodia?As said, a Sales and Purchase Agreement (SPA) is a legally binding contract between the buyer and seller that outlines the terms of a property transaction. While the exact content can vary based on the developer and buyerโ€™s conditions, most SPAs in Cambodia generally include the following:Parties InvolvedDetails of the buyer and seller, including legal names and identificationProperty DescriptionClear information about the property (its type, location, size, and ownership title, in order to avoid any uncertainty)Sales Price & CostThe agreed sale price, payment currency (usually USD), and who covers related costs like taxes, legal fees, and transfer chargesPayment Method and Scheduleย Clarify the payment method that both parties agreed on. Typically split into stages: a deposit, a payment at signing, and the balance after ownership registration. Payment terms may also include refund conditionOwnership TransferOutlines who is responsible for registering the ownership (often with MLMUPC) and the timeline for transfer completionHandover TermsSpecifies when and how the property is handed overโ€”usually after full paymentโ€”plus any warranties or post-handover support**Under Cambodian law, SPAs for immovable property must be in notarized form (Civil Code Article 336)**Given the legal and financial significance of the SPA, it's important that the document is reviewed carefully and notarized, as required by Cambodian law. Buyers, especially those purchasing pre-construction or off-plan properties, should pay close attention to payment terms, transfer timelines, and any developer obligations post-handover.To ensure your property transaction is safe, compliant, and transparent, always work with a licensed real estate agent and consider consulting a legal advisor. Realestate.com.kh is here to help guide you through the process, ensuring that your property transaction will be safe, compliant, and transparent as always!-Contact us now via-ย ๐Ÿ“ž+855 92 92 1000๐Ÿ“ง info@realestate.com.khOr come and visit us at The Connect Center- Opening hours9:00 - 5:00 ย Monday-Fridayย 10:00 - 5:00 ย  ย  ย  ย Saturday - Sundayย Location: #306BCD,Monivong Blvd (93) Sangkat Chakto Mukh, Khan Doun Penh, Phnom Penh
Top Four Most Popular Areas To Buy Property in Phnom Penh
Top Four Most Popular Areas To Buy Property in Phnom Penh
April 29, 2025, 2:26 a.m.
Phnom Penh is forever expanding in all directions, with new areas earmarked for development as massive infrastructure projects also determine the direction of the urban sprawl from the city. However, there remain some constantly popular areas in Phnom Penh for property buyers. We look at the four most popular areas to consider buying in and what developments are underway.Boeung Keng Kang (BKK)BKK1 remains a core investment area and the most popular for property buyers in Phnom Penh due to a number of key factors, but its location, access and range of amenities and surrounding F&B, nightlife and retail availability are all important considerations.ย With the proximity to international schools, shopping centres, dining and entertainment, BKK is the top choice for expats and investors despite demanding the highest property prices.Boeung Keng Kang 1 remains the beating heart of expat life in Phnom Penh, and with the benefits of relative modern infrastructure, vibrant lifestyle great selection of international restaurants, as well as luxury apartments - the area is highly sought after and there is a strong rental demand and steady property value appreciation which are all property investment benefits.As a prime real estate hotspot that seamlessly blends tradition with modernity, some of the new condo projects under development in BKK1 include: Le Conde BKK1, Time Square 5 (Time Square 306), ย Picasso Sky Gemme, and J Tower 3.The area is a popular choice for expats and international workers, it is a preferred choice for families, and due to its proximity to embassies, corporate offices, and major commercial centres attracts higher-income earners.For investors looking for high rental yields and long-term capital appreciation, BKK is still one of the best areas in Phnom Penh to secure a solid real estate investment.Find out more about why BKK remains such a hotspot for investment and property buyers.Tonle BassacNot far away is Tonle Bassac, which is an affluent neighbourhood offering luxurious condominiums and villas, some of which offer panoramic views of the Tonle Bassac River. The area, similar to BKK1, appeals to property investors who want to prioritise its location as it is close to the central business district and upscale shopping malls in the capital.J Tower 3 is a new development in Tonle Bassac and is set to be one of Cambodiaโ€™s tallest buildings, standing at 77 floors. This luxurious development offers a starting price of 360,000 USD for significantly larger, more livable apartments, whereas some high-end three-bedroom units in Phnom Penh have a starting price tag of half a million US dollars.In terms of investment potential, Tonle Bassac can have slightly lower prices than BKK1 and represents a growing opportunity for investors with increasing demand contributing to rising property values, but within a neighbourhood boasting modern amenities that comprises expats and affluent locals.Toul Tom Poung (TTP or Russian Market)TTP, as the area is still most commonly referred to by expats living in the Cambodian capital, has changed dramatically over the past decade and still offers affordable housing and a vibrant lifestyle within a congested area that is surrounded by areas that are all improving in terms of amenities and property options.As and alternative area to consider buying and living in, one key consideration would be the commute as TTP is located to the south of the city and best served if already working in the area but it has been increasingly considered a prime location resulting in growing popularity among expatriates due to the huge number of bars, cafes, and restaurants which makes the area nearly a self-contained community that can still relatively reach areas such as BKK and towards the southward expansion of the city in the direction of the new airport under construction.Boasting a cosmopolitan community of locals and expats, within a short walk are a range of schools (local and international), supermarkets and a well-developed infrastructure that caters to a wide range of residents. One of the centrepieces is the popular Russian Market itself, which is known for its bustling and vibrant atmosphere.Toul Tom Poung offers a more affordable alternative to BKK1 and Tonle Bassac, and one example of a modern condo development is Time Square 8, which will reach 50 floors and offers onsite a BBQ Yard Pavilion, gym, swimming pool, sky lounge with city views, concierge services, and 24/7 security. Residents will also have access to amenities such as an amphitheatre and aย  floating bar.Land prices in Toul Tom Poung typically range from US $1,600 - $7,300 per square meter, which is more affordable compared to Boeung Keng Kang, where prices range from $2,800 to $10,000 per square meter (based on Why Cambodia 2023 from realestate.com.kh).ย Toul KorkToul Kork is located to the northwest of the city and, like most of the city, has been undergoing gradual transformation and has developed into a residential and commercial district favoured for its modern infrastructure and amenities as well as its proximity to a number of schools and universities.The Toul Kork area is less congested than some other popular areas and does attract both local and international investors looking for long-term growth and as such has become a top choice for condo investment as there is better accessibility, modern living standards, and better affordability compared to central Phnom Penh - but again location needs to be considered. Although transport infrastructure is constantly evolving, the area can be subject to peak traffic at peak travel times.From a rental perspective, there remains strong demand and capital appreciation potential, as the area has access to the airport, business districts, schools, and hospitals. Its evolution means it is attractive to both locals and expats, and several wealthy families live in the area in expansive villas.As a sought-after residential and commercial district, Tuol Kork can offer great potential for long-term growth and rental income, and one such new project is the Time Square 7 development. Time Square 7 is located centrally in Toul Kork and close to major shopping centres (Samai Square, TK Avenue Mall and Khalandale Mall), schools and hospitals.Another newer development is The Royal Platinum Condominium, which is a high-end mixed-use development located in Toul Kork.One reason expats suggest Tuol Kork as an ideal area to live is that it is more spacious than BKK1, for example, and more affordable, and although further away from central nightlife areas, it is much quieter.Condominium prices in Toul Kork vary, and land prices in Toul Kork can range from approximately US $1,900 - $6,100 per square meter.Chroy ChangvarChroy Changvar has become one of Phnom Penhโ€™s most rapidly developing districts and is in our top four areas in Phnom Penh to consider buying property in.Strategically positioned just across the Tonle Sap River from Phnom Penhโ€™s central districts, it is increasingly becoming more accessible with new bridges and roads being built as part of the capital's infrastructure development, meaning it is highly connected to both Phnom Penhโ€™s business hubs and as a getaway to the surrounding provinces.The Cambodian government is actively promoting Chroy Changvar as a key development zone, and some of the development includes new government offices, private investments, hotels, residential properties, new commercial centres and retail spaces. There are plans for a public transportation system to further increase the attractiveness of properties in the area for both investors and residents.The riverside location has attracted upscale residential and mixed-use developments. Such as Wealth Mansion and LA VISTA ONE - the latter is a 140m tall, 41-storey twin-tower located at the intersection of the Mekong and Tonle Sap Rivers with onsite amenities including an infinity pool, a sky bar and restaurant, a sky garden, and fitness facilities. There are also two levels of underground parking and a retail podium on the ground floor.Top Property Condo Handovers Expected In Phnom Penh In 2025Urban planners have identified Chroy Changvar as a future commercial and residential hub, envisioning a city that grows both eastward and along the riverbanks. As this vision materialises, property values in the district are expected to climb.
Xi Jinpingโ€™s Cambodian Visit A Sign of Solidarity and Economic Stability
Xi Jinpingโ€™s Cambodian Visit A Sign of Solidarity and Economic Stability
May 2, 2025, 6:33 a.m.
Chinese President Xi Jinping made just his second visit to Cambodia and his first trip in nine years from April 17-18 2025 as he and his Cambodian counterparts strived to reaffirm the strong relationship between the two countries in the backdrop of the recent imminent trade war initiated by President Trump and the US government which has destabilised financial markets and put investor confidence on shaky ground.As part of the official visit to Phnom Penh, China and Cambodia outlined a strategic vision for deepening trade, infrastructure, and industrial cooperation between the two countries and Xi Jinping had also sent a message to the Cambodian people ahead of his visit as the Southeast Asian nation was celebrating its annual new year festivities, emphasising the importance of building a โ€œChina-Cambodia community with a shared future,โ€ rooted in mutual respect and development.The Chinese visit will also reaffirm the BRI (Belt and Road Initiative) goals and the strategic initiative for the region, as China remains Cambodiaโ€™s top investor and trading partner, accounting for nearly a third of its trade volume in 2024.The trade war tariff escalations between the two most powerful and economically strongest countries reached levels of 145 per cent on Chinese imports from the US, which prompted Beijing to hike its levies on US goods to 125 per cent, preceding the trip.On the eve of Xi Jinping's arrival in Phnom Penh, the White House said China could face up to a 245 per cent tariff on imports to the U.S. "as a result of its retaliatory actions," and US President Trump said that China was aiming to "screw" the US.ย So, what was actually agreed upon on the official State visit between Cambodia and China?Xi Jinping - Southeast Asian Tour a Show of StrengthXi Jinping's tour took him to Vietnam and Malaysia before ending his trip in Cambodia with the intention to shore up support in Asia amid the recent US trade war, and media reports suggested Beijing was "tearing down walls" according to the Chinese foreign ministry as it looks to secure more trade with other countries.The Chinese leader called on both China and Vietnam to "oppose unilateral bullying and uphold the stability of the global free trade system" while he was in Vietnam, where the two countries signed 45 cooperation agreements varying from supply chains, artificial intelligence, joint maritime patrols and railway development.ย Xi Jinping met with Vietnamese Prime Minister Pham Minh Chinh and other senior dignitaries. Chinaโ€™s trade with Vietnam has nearly doubled between 2017 and 2024, and the Chinese leader attended the launch of the Vietnam-China Railway Cooperation (a US $8 billion rail project) intended to link Haiphong port to the border with China which is seen as a vital link as the rail line will run through some of Vietnam's key manufacturing hubs.China and Malaysia then announced the signing of a total of 31 MoUs on Xi Jinping's visit to Malaysia, after he met with the country's King, as well as its Prime Minister Anwar Ibrahim. The agreements cover a range of industries and cooperation, including trade and tourism, railway transportation and agriculture.Regionally, there will be some concerns too as the SEA trading bloc, has overtaken the US and the European Union as Chinaโ€™s largest export market since 2023, according to Chinese customs data, and region could be flooded with cheap products if they don't end up in the US market which will offer competition for local product lines.Why The Chinese Presidentโ€™s Visit To Cambodia Will Calm The Investment ClimateOn the eve of the visit, on 16 April 2025, the Council for the Development of Cambodia (CDC), led by H.E. SUN Chanthol, Deputy Prime Minister and First Vice President of the CDC met virtually with Ambassador Jamieson GREER, United States Trade Representative, to discuss the trade tariffs with the US.The US had imposed a 10 per cent tariff on imports from all countries and temporarily paused additional "reciprocal" rates set individually for each country, depending on the trade barriers faced by the US to allow time for negotiations on new deals. Cambodia, when the rates were first announced, would have been the highest globally (a 49 per cent "reciprocal" tariff).Before the arrival of Chinese President Xi Jinping, Meas Soksensan, spokesman for the Cambodian finance ministry, told Reuters, "We expect more cooperation, including on infrastructure development."ย Xi Jinping had audiences with His Majesty the King and Her Majesty Norodom Monineath Sihanouk, the Queen-Mother, at the Royal Palace, with Hun Sen, President of the Senate of the Kingdom of Cambodia, and Hun Manet, Prime Minister of the Kingdom of Cambodia.Some of the areas in which China wanted further cooperation included advanced manufacturing, green development, and the digital economy as part of the need to safeguard multilateral trade systems and ensure the resilience of regional industrial and supply chains and to encourage inclusive economic globalisation and resist protectionism.China and Cambodia have a close relationship, and the Chinese have funded some of the biggest infrastructure projects in the Kingdom. These include the Funan Techo Canal, which was launched to much fanfare in 2024, as well as the new airport due to start operations in the Cambodian capital in July 2025, and the Tonle Bassac River Bridge, to name but a few.Other major completed projects which Chinese companies have funded are the Phnom Penh-Sihanoukville Expressway, Siem Reap Angkor International Airport, the Kingdomโ€™s largest power plant, and the Morodok Techo National Stadium, which was used when Cambodia hosted the SEA Games for the first time in 2023.On the southern coast, much of Sihanoukville has been transformed by Chinese-funded projects, notably the Sihanoukville Special Economic Zone (SSEZ), which is jointly developed by both countries. More than 200 international companies operate in the SSEZ, which the Cambodian government has been saying for some time will play a major role in diversifying Cambodiaโ€™s economy and upgrading its industrial capabilities.ย This also comes on the back of Beijing signing no new loans to Cambodia in 2024, as had been reported by official data from the Cambodian government.What Was the Outcome of Xi Jinpingโ€™s Visit to Cambodia?China and Cambodia already have the China-Cambodia Free Trade Agreement, and China has been Cambodiaโ€™s largest trading partner and source of foreign investment for some time. The Cambodian agri-sector is heavily reliant on China as an export market for a range of products, too.Xi Jinping praised the China-Cambodia โ€œDiamond Hexagonโ€ cooperation framework, which includes politics, production capacity, agriculture, energy, security, and people-to-people exchange.Cambodian Prime Minister Hun Manet said on the morning of the visit, โ€œThis visit will demonstrate the importance and the strength of Cambodia-China relations. Cambodia-China friendship is historical and enduring. Our two countries have continuously enhanced and expanded our relations and cooperation in all fields,โ€ emphasising that the two countries are jointly working under the Diamond Cooperation Framework and building a Community with a Shared Future for common interests.Comprehensive Strategic PartnershipUnsurprisingly, the State visit reaffirmed their commitment to the โ€œiron-clad friendshipโ€ as well as the Comprehensive Strategic Partnership and the labelled win-win cooperation between the two countries.There was a joint statement on building an All-Weather Cambodia-China Community with a Shared Future in the New Era, focusing on implementing the three global initiatives proposed by China.Ultimately, Cambodia and China signed 37 agreements while recommitting to six areas with a range of areas covered (much like in Malaysia and Vietnam), such as global security cooperation promotion, education and human resources development, agriculture, industrial and supply chains, development assistance, customs, quarantine, health, tourism, media etc.China also agreed to support Cambodian mine clearance efforts and development initiatives involving roads, rural areas, water systems, and electricity infrastructure.The MoUs did not provide too many specifics (as they rarely do).Both agreed to the Diamond Cooperation Framework with a commitment to fast-tracking the Industrial and Technological Corridor and the Fish and Rice Corridor.China further reaffirmed support for the Sihanoukville Special Economic Zone and supports Cambodia working toward its goal of becoming a high-income country by 2050.An ongoing commitment to the Chinese-backed Sihanoukville Special Economic Zone, the One China policy.Confirmation of 2025 being recognised as the Cambodia-China Tourism Year, which involved both sides jointly developing tourism routes, the promotion of tourist destinations, and strengthening cooperation in tourism safety.Geopolitically, Cambodia also agreed that Taiwan is an โ€œinalienableโ€ part of China's territory, and expressed โ€œ opposition to any attempts of interference in the internal affairs of Chinaโ€, while recognising that the โ€œissues of Xinjiang, Xizang, Hong Kong and Taiwan are purely domestic mattersโ€.ย The latter is not a new stance, but could be picked upon by the US in their views of tariff negotiations for the Southeast Asian nation.On the issue of scam centres and cybercrimes, the Cambodian Ministry of Foreign Affairs and International Cooperation ministry said China praised Cambodia's efforts in โ€œclamping down on illegal online gambling and online fraud, and committed to strengthening coordination and cooperation in law enforcement to combat cross-border crimes, including illegal trans-boundary gambling, illicit drug trafficking, people smuggling, and counterfeiting.โ€ย China recommitted to promoting the construction of essential supporting infrastructure, including transportation systems, power and optical cable networks, warehousing and logistics facilities.On the final day of the State visit, there were further signed agreements relating to commitment from China on large-scale projects such as the Funan Techo Integrated Water Resources Management Project.H.E Sun Chanthol presided over a signing ceremony of five agreements with Mr. Wang Tong Zhou, President of China Communications Construction Company (CCCC), with the participation of HE the Minister of Public Works and Transport and several other members present reported the Cambodia Ministry of Information.
the-perfect-wood-flooring-choice-for-you
Why Wood Flooring Was the Perfect Choice for The Connect Center
April 22, 2025, 7:52 a.m.
The Connect Center by Realestate.com.kh is a community space where people can learn more about buying, selling, or investing in property. Itโ€™s not just a showroom for buyers, an exhibition place for developers, or a space for affiliates โ€” itโ€™s a place for everyone to get inspired and connect.ย One thing that makes the Connect Center stand out is our beautiful wood flooring. Wood flooring is a classic and stylish choice for any home. It brings natural beauty, long-lasting durability and can even boost the spaceโ€™s value as well. To make sure the floors looked great and lasted a long time, Realestate.com.kh has specifically chose to work with AHF-Fine Flooring (Cambodia) Co., LTD.AHF-Fine Flooring also emphasizes craftsmanship and sustainability. Their installations come with guarantees of quality and durability, ensuring that every project meets the highest standards. Whether you prefer classic solid wood or modern engineered options, AHF-Fine Flooring provides tailored solutions for all property types.Hereโ€™s why we picked AHF:ย The flooring is imported from the United StatesPrices range from $18 to $50 per square meterMany styles to choose fromStrong and eco-friendly materialsReady to transform your space with the warmth and elegance of hardwood flooring?Come visit us at the CONNECT Center to see and feel our beautiful flooring samples in person. Our team is here to help you find the perfect fit for your home or project.Prefer to chat first? Contact us today at 092 92 1000 for a personalized consultation!The Connect Center- Opening hours9:00 - 5:00 Monday - Fridayย 10:00 - 5:00 Saturday - Sundayย Location: #306BCD,Monivong Blvd (93) Sangkat Chakto Mukh, Khan Doun Penh, Phnom Penh
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7.7 Magnitude Earthquake Strikes Myanmar and Shakes Thailand โ€” Why Did Cambodia Escape Major Impact?
April 1, 2025, 3:27 a.m.
A powerful 7.7-magnitude earthquake struck central Myanmar on March 28, sending shockwaves across Southeast Asia and raising concerns about earthquake preparedness in the region. The incident caused widespread destruction in Myanmar, specifically in Mandalay region and other regions such as Sagaing, Naypyidaw, Shan State, and Bago, with buildings collapsing and significant casualties reported as well. In Thailand, cities like Bangkok and Chiang Mai felt strong tremors, causing panic among residents as buildings swayed; in other cases, buildings have also collapsed, causing casualties and a lot of injuries as well.ย Even in Cambodia, cities such as Phnom Penh and Sihanoukville reported noticeable shaking, although no damage was reported. While the earthquakeโ€™s reach was wide, Cambodia once again avoided the worst, thanks to its stable geological positioning.ย Why Do Earthquakes Happen?ย Earthquakes are caused by sudden movements of the Earthโ€™s crust, especially along the boundaries where tectonic plates meet. When pressure builds up along these boundaries due to the shifting of plates, it eventually releases energy in the form of seismic waves, leading to an earthquake.Myanmar sits near the boundary between the Indian and Eurasian tectonic plates, making it one of the most earthquake-prone regions in the world. It has experienced multiple major earthquakes in recent history:2011: A quake in Shan State affected parts of Chinaโ€™s Yunnan and Guangxi provinces.2016: A 6.8 magnitude quake damaged over 100 ancient pagodas in Bagan.2022: A 4.6 magnitude quake struck northern Myanmar at a shallow depth of 12km.This latest earthquake had a shallow depth of around 10km with 7.7 magnitudes, making its surface impact especially severe. Shallow earthquakes tend to cause more ground shaking and surface damage.Thailand, which shares a geological connection with Myanmar in the north, also experienced the effects due to the proximity and connected fault systems.Why Is Cambodia Less Affected by Earthquakes?ย (Picture source from ScienceKonek)In contrast, Cambodia is considered one of the safer countries in Southeast Asia when it comes to seismic activity. This is mainly due to its position away from active plate boundaries. The country lies within the relatively stable interior of the Indochina tectonic block, where there are no major fault lines or significant crustal movements.While Cambodia may occasionally feel tremors from neighboring countriesโ€™ earthquakes, the thoughts of experiencing a strong, damaging quake are pretty low.Staying Prepared: The Role of Earthquake-Resistant DesignEven though Cambodia is in a low-risk zone, the tragedy in Myanmar serves as a powerful reminder that preparedness is still essential.As urban development and building density increase in cities like Phnom Penh and Sihanoukville, the potential impact of even a moderate earthquake could be significant. The construction sector must take proactive steps to build resilience into the countryโ€™s urban landscape.Key recommendations include:Adopting earthquake-resistant building standards, especially for high-rise buildings, schools, hospitals, and other public infrastructure.Inspecting and reinforcing older buildings, particularly those built before modern construction codes were introduced.Raising public awareness and improving emergency response readiness through drills and education campaigns.A Wake-Up Call for the RegionThe Myanmar earthquake is not just a natural disaster โ€” it is a wake-up call for all countries in the region to assess their readiness and resilience. While Cambodia may be less vulnerable due to its geography, complacency is not an option.Respecting the power of nature means being prepared โ€” planning ahead, building safely, and educating the public. Disaster prevention is not just about reacting; itโ€™s about building a culture of safety that can protect lives and communities when it matters most.ย Realestate.com.kh extends our heartfelt condolences to everyone affected by the recent earthquake in Myanmar and Thailand. Our thoughts are with the victims, their families, and those who have been injured. Please stay safe โ€” we wish you strength and recovery during this difficult time.
Boeung Keng Kang Remains a Firm Favourite In Phnom Penh
Boeung Keng Kang Remains a Firm Favourite In Phnom Penh
March 25, 2025, 9:19 a.m.
The real estate landscape is diverse in Phnom Penh but Boeung Keng Kang, known more commonly as BKK, has remained the most popular area of the capital and continues to demand the most interest and accordingly, the highest property prices.Phnom Penh still offers relatively affordable property prices compared to Bangkok and Ho Chi Minh City and can yield high rental returns while there remains significant room for capital appreciation. With the cityโ€™s emerging market status presenting substantial investment opportunities, top-quality condos and mixed-use developments continue to be added while vital infrastructure projects will try to ensure the city stays ahead of the rapid urbanisation pressures.Cambodia's urban population is growing and this trend is creating demand for housing and commercial spaces, while the general salaries are increasing as Cambodia will leave the โ€œleast developed countryโ€ in December 2029.Lifestyle and Amenities - BKKPhnom Penh offers property buyers and investors a truly vast range of choices with a mix of traditional and modern lifestyles. In BKK1 in particular, the presence of highly-regarded international schools, shopping centres, and dining and entertainment options combined with the central location has kept BKK as the top choice for expats and investors.The cityโ€™s blend of historical sites and modern developments caters to a diverse population while the anticipated launch of the new Techo Takhmao International Airport in July 2025 may further define and shape the cityโ€™s growth and population as the capital is better connected to more destinations around the globe - potentially opening up untapped markets.You can read more about Navigating Real Estate Investment Opportunities in Cambodia - 2025 & BeyondCambodian Property Market DynamicsCambodia's real estate market has shown steady growth, notably in Phnom Penh, where property values have been rising due to foreign investment, urbanisation, and a growing middle class. The capital continues to attract both local and international buyers, driving housing demand.Phnom Penh continues to see growth in its real estate market and the city's real estate sector is characterised by a blend of residential, commercial, and mixed-use developments.Land prices are understandably the highest in Boeung Keng Kang, where prices range from $2,800 to $10,000 per square meter (based on Why Cambodia 2023)Cambodia offers relatively affordable housing prices compared to other Southeast Asian countries. As of mid-2024, the average condo price in Phnom Penh is around $2,500 per square meter, with an average annual rental yield of 5.3%.How to Choose a Location in Phnom Penh for Real Estate Investment?Boeung Keng Kang 1 (BKK1) is Phnom Penhโ€™s most vibrant and prestigious neighbourhood and those living in the area include expatriates, business professionals, and affluent locals. The area is home to numerous international schools, top-tier restaurants, high-end boutiques, and essential services, making it an ideal place to live and invest.Foreign investors should consider the following factors when selecting a location in Phnom Penh:City Center vs. Suburbs: The city center offers proximity to business districts, government offices, and entertainment hubs, leading to higher property values and rental demand, but also higher investment costs. Suburban areas provide larger living spaces at more affordable prices, but investors should consider urban infrastructure, amenities, and commuting time.Infrastructure & Development Plans: Future road expansions, public transport projects, commercial hubs, and educational institutions can significantly boost property value.Safety & Environmental Quality: Choosing secure and well-maintained communities is essential. Investors should also consider factors like air quality, noise levels, and neighbourhood amenities.Market Demand & Rental Potential: Locations near corporate offices, business districts, and tourist attractions generally have higher rental demand and stronger investment returns.New Developments in BKK1More than 3,200 condominium units were launched in 2024 in Phnom Penh as well as 240 serviced apartments. The high-end condominium sales prices were around US $2,650 per square meter and there are indications of a competitive environment and comparatively cheaper prices than major cities in the region and a highly competitive cost of entry for incoming buyers.Buying Property In BKK1Foreigners can easily purchase apartments and obtain permanent ownership. According to Cambodian regulations, foreign ownership is allowed for up to 70% of a condominium building. Investors with higher budgets can even purchase an entire floor in a development.In terms of new property condo developments in BKK:Le Conde BKK1 - This award-winning property is in a prime location and has exceptional amenities in the mixed-use luxury development which includes the BKK Avenue Retail Store, a 240-meter sky jogging track, an indoor swimming pool, a fitness centre, a children's play area and a sky garden as well as an infinity pool, and a 24/7 concierge service. Le Condรฉ BKK1 is a 43-story property that features 4 different types of fully furnished units including studio, one-bedroom, two-bedroom and three-bedroom with integrated smart home features.Time Square 5 (Time Square 306) - Also commonly known as Time Square 5, the developmentโ€™s topping-off ceremony was held in September 2024 as the 45-floor project aims to offer 350 modern, spacious units. The building will provide a lobby cafe, gym, kidsโ€™ play area, games rooms, an infinity pool, and a garden deck, designed to cater to a modern lifestyle.Picasso Sky Gemme - Also known as Picasso 2, the 52-floor property was officially launched on 22nd August 2024 and offers a unique blend of art and luxury, inspired by the legendary artist Pablo Picasso. The estimated handover time for these luxury residences is 2028.Picasso Sky Gemmeโ€™s 276 units in this luxurious development are designed based on different phases of Picasso's artistic journey, and there will be indoor and outdoor swimming pools, a pet play area, a childrenโ€™s playwall, a sky running track, a gym and yoga space, and even a glass bridge with many more desirable amenities announced.J Tower 3 - When completed will be Cambodiaโ€™s tallest building at 77 floors and the 8th tallest in Southeast Asia, J Tower 3 will ensure top-tier property management with a focus on regular maintenance, efficient services, and 24/7 professional support. Its commitment to excellence enhances both resident satisfaction and investment value.Top Property Condo Handovers Expected In Phnom Penh In 2025Enhanced Infrastructure & Connectivityย The urban development means there are several major infrastructure projects, such as new roads, bridges, and the upcoming Phnom Penh International Airport expansion, which boost the city's real estate appeal.The Phnom Penh Department of Public Works and Transport is overseeing the Morodok Techo flyover which is due to open at the end of March 2025 and forms a significant part of the city's ongoing efforts to enhance urban mobility and alleviate traffic congestion.The flyover is strategically located at the intersection of Preah Monivong Boulevard, Royal Cambodian Armed Forces Boulevard, and Samdech Akka Moha Sena Padei Techo Hun Sen Boulevard and will improve traffic flow and reduce congestion in this busy area, contributing to smoother travel and enhanced urban connectivity.The Morodok Techo flyover project is also expected to positively impact the local real estate market by enhancing accessibility and reducing travel times, potentially increasing property values in surrounding areas. This infrastructure development aligns with Phnom Penh's broader urban expansion plans and flood prevention initiatives. As Phnom Penh continues to grow, such infrastructure improvements will play a crucial role in supporting the city's economic vibrancy and quality of life for its residents as well.In addition to the Morodok Techo flyover, Phnom Penh is also anticipating the development of a new Techo International Airport, which will further boost the city's connectivity and economic growth. The new airport, expected to be one of the largest in Southeast Asia, will play a crucial role in supporting Cambodia's tourism and trade sectors.As Phnom Penh continues to grow, investors and homebuyers should consider factors such as market maturity, economic stability, and lifestyle preferences when exploring real estate opportunitiesย With ongoing infrastructure improvements, a free and open economy, and foreign investor-friendly policies, Cambodiaโ€™s long-term real estate outlook remains strong and as the supply and demand move toward a more balanced market, property values are expected to rise steadily.
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Time Square 8 Celebrates Ground-Breaking Ceremony!
March 21, 2025, 8:17 a.m.
This morning, another major milestone was achieved for Phnom Penhโ€™s real estate market with the ground breaking ceremony of Time Square 8 in Toul Tumpoung area, Chamkarmorn distinct. Our team at Realestate.com.kh is proud to extend our heartfelt congratulations to the entire Time Square development team on reaching this significant stage.The ceremony brought together key people involved in the project, including developers and special guests. It marked the start of building the structure and showed progress toward creating a landmark in the area.ย More about the project- Time Square 8 is a 50-story condominium located in the vibrant Toul Tom Poung area of Phnom Penh's Chamkarmon district. Developed by Megakim World Corp., a reputable developer with seven successful projects, this property offers a blend of comfortable living and investment opportunities. The condominium features facilities such as a rooftop pool, gym, cinema, and multi-level parking. It offers a range of unit types from 1 to 3 bedrooms, with floor areas from 47 mยฒ to 111 mยฒ. Known for its high ROI and appreciation value, Time Square 8 is an attractive option for investors seeking to capitalize on Phnom Penh's growing real estate market.ย Our partnership with Time Square reflects our shared vision for elevating comfortable yet easy living standards in Cambodia. Time Square 8 offers a comfortable lifestyle with modern amenities, making it ideal for residents and investors alike. It's affordably priced and located near important city landmarks and entertainment spots, making it a great choice in one of Phnom Penh's best neighborhoods.At Realestate.com.kh, we're excited to see Time Square 8 move forward. We congratulate the Time Square team again on this achievement. We believe this project will set a new standard for quality living in Phnom Penh--------------------Learn more about any of all the 8 projects from Time Square and contact us now!Phone: +855 92 92 1000Email: info@realestate.com.khFor agents and agencies wanting more informationPhone: +855 78 65 32 26Email: phany.chuon@realestate.com.kh
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The completed Morodok Techo Flyover is expected to open in late March
March 12, 2025, 3:36 a.m.
The Phnom Penh Department of Public Works and Transport has announced that the Morodok Techo flyover is nearing completion and is scheduled to open at the end of March 2025. This significant infrastructure project is part of the city's ongoing efforts to enhance urban mobility and alleviate traffic congestion.As of March 10, 2025, the construction of the Morodok Techo flyover is reported to be 99% complete, with the finalization expected by March 20, 2025. The flyover is strategically located at the intersection of Preah Monivong Boulevard, Royal Cambodian Armed Forces Boulevard, and Samdech Akka Moha Sena Padei Techo Hun Sen Boulevard.The two-story flyover is designed to significantly improve traffic flow and reduce congestion in this busy area, contributing to smoother travel and enhanced urban connectivity.BackgroundThe Morodok Techo flyover project began construction on August 31, 2022, and is being developed by the Overseas Cambodian Investment Corporation (OCIC) with an investment exceeding $36 million. The project has been divided into two phases:Phase 1: The first phase was temporarily opened on April 1, 2024, to help ease traffic flow and support commuter movement.Phase 2: Initially expected to be completed by February 2025, Phase 2 has seen a temporary opening of its first floor ahead of the Khmer New Year celebrations in 2025.The completion of the Morodok Techo flyover is expected to positively impact the local real estate market by enhancing accessibility and reducing travel times, potentially increasing property values in surrounding areas.This infrastructure development aligns with Phnom Penh's broader urban expansion plans, which include other significant projects like the Monivong Boulevard flyover and flood prevention initiatives. As Phnom Penh continues to grow, such infrastructure improvements will play a crucial role in supporting the city's economic vibrancy and quality of life for its residents as well.ย In addition to the Morodok Techo Flyover, Phnom Penh is also gearing up for the development of the new Techo International Airport, an upcoming project set to enhance connectivity, drive economic growth, and position Cambodia as a major regional hub.Expected to be one of the largest airports in Southeast Asia, Techo International Airport will greatly expand flight routes, attracting more direct international connections to key global destinations.For example, starting December 10, 2025, Turkish Airlines will launch direct flights between Istanbul and Phnom Penh, while Etihad Airways has also announced plans to launch direct flights from Abu Dhabi to Phnom Penh on October 4, 2025.As two of the world's leading airlines, their presence will significantly boost tourism, bringing in millions of visitors annually, while also strengthening trade and investment. This increased connectivity will make Cambodia more accessible to businesses and foreign investors, further integrating the country into the global economy.In short,ย As Phnom Penh continues to grow, infrastructure projects like the Morodok Techo flyover and the upcoming new airport will be pivotal in enhancing the city's appeal for both residents and investors, contributing to a more vibrant and connected urban environment.ย โ€”If you want to know more about developments and investment opportunities around this area, contact us via-ย ๐Ÿ“ž+855 92 92 1000๐Ÿ“ง info@realestate.com.kh
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How will the Arey Ksat Bridge impact the property market in the area?
March 10, 2025, 4:45 a.m.
The upcoming construction of the Cambodia-Korea Friendship Bridge, set to link Arey Ksat commune to Arey Ksat (northeastern Phnom Penh), is expected to greatly impact the local property market.ย Arey Ksat is a newly established city in Kandal province, composed of 11 Sangkats including Bak Dav, Koh Oknha Tey, Prek Ampil, Prek Luong, Prek Takov, Svay Chrum (fomer communes of Ksach Kandal district), Arey Ksat, Sarika Keo, Peam Oknha Ong, Prek Kmeng, and Barong (former communes of Lvea Em district).It's part of the government's plan to develop new urban centers outside of Phnom Penh. The city is strategically located near the Mekong River, and the government envisions it as a major economic hub, particularly in manufacturing and logistics.ย Several factors make Arey Ksat a promising real estate destination. Strategically located just across the river from central Phnom Penh, it offers a quieter, greener living environment while remaining close to the cityโ€™s business districts.ย ย A few years ago, property prices in Arey Ksat surged to record highs due to the anticipation of the bridge before the pandemic period. However, in recent years, the market has remained stable, with only minor price fluctuations. Although initial excitement about the bridge did not immediately lead to a property boom, experts believe this stability is temporary. Once construction progresses, demand for land and properties in the area is expected to rise steadily.As an unprocessed diamond, Arey Ksat will become highly desirable once connected to Phnom Penh. Improved infrastructure typically leads to increased investor confidence, and the Arey Ksat area is no exception. As accessibility improves, more developers and homebuyers will see Arey Ksat as an attractive location, pushing up land prices and boosting new construction projects.What makes the Arey Ksat bridge so significant?Construction of the Cambodia-Korea Friendship Bridge, linking Arey Ksat town and Phnom Penh, is set to begin in the first half of 2025. Spanning 2,375 meters with a width of 27.5 meters, the bridge will link Phnom Penh's Night Market area to Arey Ksat, significantly reducing travel time and facilitating the movement of goods and services. One will connect the Night Market neighborhood to the Chroy Changvar area, while the other will run from Chroy Changvar to Arey Ksat.ย This enhanced connectivity is expected to transform Arey Ksat into a desirable residential and commercial hub, attracting new residents and businesses to the area. The bridge will cut down travel time, making commuting easier and attracting both residents and businesses. Additionally, the area is already seeing improvements in roads, utilities, and public services, which will further support long-term growth.As Arey Ksat undergoes this transformation, Realestate.com.kh is your ideal partner for navigating the local property market. With our extensive listings, expert market analysis, and dedicated team of professionals, we provide the insights and resources you need to make informed investment decisions. Whether you are looking to buy, sell, or rent property in Arey Ksat, Realestate.com.kh is here to assist you every step of the way.4โ€”-Contact us via๐Ÿ“ž+855 92 92 1000๐Ÿ“ง info@realestate.com.kh