Cambodia Condo Investment Guide 2026 Key Takeaways

The newest ‘Investment & Market Analysis – Cambodia Condo Investment Guide 2026’ from realestate.com.kh is the third edition of the report, offering an updated and comprehensive overview of the country’s evolving condominium market.

The vital analysis focuses solely on the condominium market in the Kingdom of Cambodia and outlines a distinct set of dynamics, trends, and opportunities separate from the broader real estate landscape. 

As the leading sales agency of condominiums, realestate.com.kh is in a prime market-leading position to offer key insights, and this report is grounded in real transactional data and on-the-ground market activity. 

Over the past 24 months, they have successfully transacted more than 2,000 condominium units, both sales and rentals.

Tom O'Sullivan, CEO, Director at realestate.com.kh said, “While condos have traditionally attracted foreign investors, 2026 shows increasing interest from Cambodian buyers and renters, driven by shifting lifestyle preferences, a desire for modern amenities, convenience, and independent living.

Taller buildings, optimised unit layouts, comprehensive facilities, and long-term interest-free instalment plans reflect a flight to quality and alignment with real buyer demand.

Find out more about the Cambodia Condo Investment Guide 2026

What Does This Cambodian Condo Investment Report Cover?

The report examines the current state of the condominium sector in the Kingdom and reviews the market performance over recent years while highlighting emerging opportunities across key cities. 

In addition to market trends and price movements, the report offers practical guidance for foreign investors, including updates on property ownership regulations, legal considerations, visa options, and new administrative systems introduced in Cambodia.

These insights are intended to help international buyers navigate the investment process with greater clarity and confidence.

Shifting Trends and Cambodia Condo Hotspots in 2026

Cambodia’s condominium market is entering a new phase marked by a clear flight to quality. Investor confidence is strengthening, with growing interest from both international and Cambodian buyers. Demand is primarily focused on projects with strong fundamentals. Reputable developers, central locations and pricing aligned with market demand.

Phnom Penh remains the central hub for the condo market, but hotspots such as Sihanoukville and Siem Reap are driving new investment opportunities - strategic developments in these regions reflect growing demand and optimism across Cambodia’s urban and coastal markets.

So what are some of the trending takeaways?

Sotha Vatey, Sales Director at realestate.com.kh, added, “In the past, many overlooked key factors — like developer reputation, project stability, pricing, and truly assessing livability….. buyers are now more cautious before committing. This shift is pushing developers to exceed expectations, not just meet them.”

One of the shifts, aside from making property ownership more affordable, the experienced property Sales Director explained, “There is also a strong emphasis on livability and lifestyle. Developers are expanding their amenities beyond the standard pool and gym, incorporating co-working spaces, libraries, gardens, rock climbing walls, golf simulators, cafés, restaurants, and more. 

It’s no longer just about offering a place to live; it’s about delivering a complete, engaging living experience that captures the buyer’s imagination and sets new standards for urban living.”

Changes in Condo Buyer Demographics

International buyers account for over 75% of condo purchases in Cambodia, with condos being the easiest legal property foreigners can own in the Kingdom. There has been notable buyer activity from the US, Russia, Poland and France.

• Eastern European investors are again the fastest-growing segment. Increases from Russia have risen from 6.2% to 9.6%, while Poland has more than doubled from 4.1% to 9.1%.
• Over the past year, US buying shares increased by 2% - the strongest growth from the US market in the last five years.
• French buyers increased from 4.4% to 7.4%.
• Indian buyers have entered the emerging market
• Chinese buyer activity has declined significantly

Cambodian buyers account for just over one-fifth of the market - that includes locally based Cambodians and those living abroad.

Condo Type and Location Preferences Among Buyers - Phnom Penh

In Phnom Penh, where the average price per square meter is $1,800 gross, 1-bedroom units account for 61% of the total unit mix and are by far the most popular due to their affordability, ease of rental, and strong appeal to singles and couples. 

The breakdown of preferences is:

• 1-bedroom units (61%)
• 2-bedroom units (20.5%)
• Studio rooms (10.1%)
• 3-bedroom units (8.4%) - There is a lack of centrally located units for rent

The Top Five Areas Of Interest In Phnom Penh For Condos

BKK1 is still by far the most sought-after area in the Kingdom’s capital and accounted for 36.1% of buyer interest, followed by TTP. 

1. BKK1 (36.1%)
2. Toul Tom Poung (22.5%)
3. Mean Chey (9.2%)
4. BKK3 (7%)
5. Tuol Kork (7%)

In terms of nationwide buying power, the capital accounted for more than 70% of the condo sales, but there has been a sharp increase in buyer uptick in Sihanoukville, while the lack of supply in tourist-popular Siem Reap has resulted in relatively limited demand.

The report also offers deep dives and insights with case studies at properties such as J-Tower 2.

Discover all the Phnom Penh Land Prices 2025 (H2)

What is the Rental Demand for Condos in Cambodia & Who Is Renting?

Understandably, as they make up the biggest percentage of the population, Cambodian nationals make up the largest share of renters. There has been continued growth due to the expanding middle class, increasing urban migration, and evolving lifestyle preferences among young professionals and families. 

Among foreign renters, demand stems from a diverse mix of nationalities across Asia, Europe, the Americas, and Africa.

The leading rental groups by nationality are:

• Americans (10.6%)
• Chinese (9.8%)
• French (9.0%)
• South Africans (6.8%)
• British (5.2%)
• Japanese (3.3%)
• Koreans (3.2%)

In Phnom Penh, the diversity is more widespread, as that is where most expats and professionals choose to live. BKK1, much like in the buying market, is the most popular area among renters in the capital, followed by Tonle Bassac and Daun Penh.

What are the 5 Most Popular Condo Amenities in Cambodia for 2026 - Find Out Here.

Top 5 Most Popular Areas For Renting in Phnom Penh

1. BKK1
2. Tonle Bassac
3. Daun Penh
4. TTP
5. BKK3

1-bedroom units also dominate rental demand and accounted for 72%, followed by 2-bedrooms at 18%. 

Elsewhere, in Siem Reap, the demand for serviced apartments is lower, with around 80% of rental activity concentrated in simpler apartments catering to residents and budget-conscious expats. The average rental prices for one-bedroom units are around $300 per month, while serviced apartments average $750 for a one-bedroom unit.

Condo Outlook in Cambodia

Existing condominium supply rose to 64,000 units across Cambodia in 2025, and BKK1 remains the location with the most existing supply. 

In Q1 2026, four major condominium projects were launched, suggesting developers remain confident in the long-term fundamentals of the market as demand gradually strengthens from both local purchasers and international investors.

Read more about the Cambodia Condo Market Outlook Q1 2026

The guide also offers a handy Buyer Toolbox to equip potential buyers with checklists, an overview of taxes and fees, as well as additional market intelligence, in addition to market trends and price movement summarised above.

The report from Cambodia’s leading property agent, realestate.com.kh, offers practical guidance for foreign investors, including updates on property ownership regulations, legal considerations, visa options, and new administrative systems introduced in Cambodia to help international buyers navigate the investment process with greater clarity and confidence.