Market Analysis
Supply, pricing, and yields across Cambodia's property markets — what the numbers actually support, and what they do not.
All market analysis research
Newest first — every piece sourced and dated.
Prague to Sihanoukville Direct: A Small Charter With a Big Signal for the Coast
From December 2026, TUI Airways will fly weekly Prague–Sihanoukville 787 charters — the first direct European link to Cambodia's coast. What roughly 4,800 seats a season can and cannot do for a tourism market down nearly 50 percent.
The IMF Just Named Cambodian Real Estate a Risk. What That Means for Buyers
The IMF's July 2026 Article IV mission cut Cambodia's growth forecast to 3% and named real estate a key vulnerability tied to bank, household and developer balance sheets. An independent read of what the report says — and what a buyer should do with it.
Lotus Group, Russian Tourists, and Siem Reap: A New Demand Channel Worth Watching
In June 2026 Lotus Group brought the first Russian tour-operator delegation to Siem Reap, a direct-flight study underway. An independent look at a novel high-spend, long-stay tourism channel — the property read, the watchlist angle, and the risks to weigh.
Cambodia's Two Economies: Manufacturing Booms While Property Cools
Factory exports hit roughly $8 billion in the first half of 2026 while home prices kept falling. Cambodia is running two economies at once — and a property buyer who reads the export headline as a property signal is reading the wrong number.
Siem Reap Property Market Profile 2026: A Tourism Bet With a Supply Cap
Siem Reap prices are soft and 2026 arrivals fell sharply, yet a new airport and Angkor height limits keep condo supply structurally tight. An independent profile of prices, yields, the tourism dependence, and who this market is actually for.
The Distressed Assets Landscape in Cambodia 2026
The definitive map of Cambodia's distress cycle: $12.7B in troubled loans, a thousand stalled coastal towers, a new central-bank rulebook for asset managers, and the $6B that faster resolution could unlock. Who the players are, where the assets sit, and how to read the cycle.
The $12.7 Billion Question: Mekong Strategic Capital Report on Cambodia Distressed Debt
MSC report says $12.7B in distressed loans is slowing Cambodia economy. Faster resolution could unlock $6B in new lending. What it means for property.
The Knong Psar Model: Development With a Human Heart in Cambodia Urban Planning
An open letter on the Knong Psar development model sparks debate about community-centred urban planning vs top-down development in Cambodia.
European Tech Investors Assess Cambodia Digital Growth and Tech Talent
European Tech Business Delegation evaluates Cambodia digital economy, tech talent pool, and investment opportunities in emerging markets.
Can PPAs Unlock Cambodia Green Energy Investment? A EuroCham Perspective
Polish renewable firm Dobry Prąd on how Power Purchase Agreements could bridge the gap between institutional capital and Cambodia green energy targets.
Cambodia Approves 37 Investment Projects Worth $570 Million in May 2026
Monthly investment approvals reach $570M across 37 projects, signalling continued foreign investor interest despite headwinds.
Cambodia Industrial Parks & SEZs: Post-LDC Transition Reshapes the Sector
3,266 factories, $13.8B in SEZ investment, and an LDC graduation deadline in 2029. What the EuroCham Industrial Parks Forum revealed about Cambodia industrial real estate.
Building a House in Cambodia From the Ground Up: Land Control, Permits, and the Real Cost Question
Nobody can quote a real per-square-meter build cost in Cambodia — that fact is the guide. Controlling land you can't own, the permit chain ending in an occupancy certificate, contracting against $5-a-day labour and world-priced materials, and whether to build at all.
Buying a Guesthouse in Cambodia: What "For Sale" Actually Means in Kampot, Kep and the Coast
The riverside guesthouse listing is rarely selling property — it's a lease assignment, an asset list, and a licence stack wearing a lifestyle dream. What a foreign buyer actually acquires, the paper that has to exist, and the tourism numbers the brochure won't show you.
Exit Liquidity in Cambodian Condos: Who Buys When You Sell?
Phnom Penh's condo stock tripled in five years while sales rates sit below 5% and local families still buy boreys. The resale market is the part of the trade nobody models — who the next buyer actually is, why it matters more than yield, and how to position a unit that can exit.
The China Factor: How Chinese Capital Cycles Move Cambodian Property
One nationality built Sihanoukville, emptied it in four months, and now supplies seventy percent of Cambodia's FDI — into factories, not condos. Reading the Chinese capital cycle is reading the Cambodian property market. What the last wave taught, and what the new one buys.
Indirect Exposure to Cambodian Property: The CSX and the New REIT Rulebook
Cambodia built its REIT framework in January 2026 — 65% income real estate, 35% leverage cap, 90% payouts — but the shelf is still empty. What the $2.9B stock exchange actually offers a property investor today, and what the first listed REIT would change.
Distressed Property in Cambodia: Foreclosures, Bank Sales, and the Unfinished Towers
NPLs at a ten-year high, a new central-bank rulebook for distressed-asset buyers, and a thousand stalled buildings on the coast. Cambodia's distress cycle is real — but the discount prices information you don't have. How each channel works and where the traps sit.
How to Negotiate a Cambodian Property Price (and Sanity-Check the Ask First)
Cambodia has no MLS — an asking price is an opening claim, not a market fact. The method: triangulate value like a licensed valuer (comparables, per-sqm corridors, income back-solve), read the seller, use cash and time, and spend $170 on the market's cheapest second opinion.
Renovation and Fit-Out Costs in Cambodia: Cheap Labour, World-Priced Materials, and the Permit Line
A skilled electrician costs $19 a day; the steel he installs is import-priced. Cambodia's renovation economics invert Western math — labour-heavy work is a bargain, fixture-heavy work isn't. The cost ledger, the permit line, and the fit-outs that actually earn their money back.
Serviced Apartments vs Condos in Cambodia: The Yield Buyer's Product Comparison
Serviced units rent for 1.5–2.5× a comparable condo — and an operator, a fee stack, and a furniture package stand between you and the difference. What a "serviced apartment" really is for a buyer, how rental pools work, and when paying for management beats owning plain.
Borey Economics: How Cambodia’s Landed-Housing Market Actually Works
The borey — the gated landed development — is Cambodia’s dominant middle-class housing product, and the market segment foreign capital understands least. Who builds them, who buys them, how they’re financed, and where a foreigner actually fits.
Cambodia's Capital Gains Tax Arrives in 2027: The Property Owner's Planning Guide
After years of deferrals, Cambodia's 20% CGT hits real estate on 1 Jan 2027 — 4% of sale price via lump-sum, a 5-yr primary-residence exemption, and unpaid transfers voided. What Prakas 496 says and what to do before the date.
Tourism and Cambodian Property: Reading the Visitor Numbers Like an Investor
Tourism is the demand engine behind Siem Reap, the coast, and a slice of Phnom Penh’s rental market. What the 2025 numbers actually say — a 16.9% arrivals fall, a Thai-border shock, a Chinese rebound — and how to size a tourism-linked property bet.
Cambodia vs Bali: Hospitality Yields vs Real Title for Foreign Buyers Compared
Bali out-yields every market in this series — on the region's weakest foreign title: a visa-tied use right or a lease that burns down, in rupiah. Head-to-head with Cambodia's perpetual strata freehold on ownership, Second Home and Golden Visas vs CM2H, taxes, yields, and fit.
Cambodia vs Malaysia: Freehold Land vs Dollar Terms for Foreign Buyers Compared
Malaysia gives foreigners the region's widest ownership menu — freehold condos, even landed homes — behind price floors, state consent and an 8% stamp duty. Head-to-head with Cambodia: MM2H vs CM2H, ringgit vs dollar, RPGT vs deferred CGT, yields, and which buyer each fits.
Cambodia vs Thailand vs Vietnam: Where Can a Foreigner Actually Own Property?
Thailand, Vietnam and Cambodia offer three very different ownership deals for foreign buyers. This head-to-head compares what you can actually own in each market — the trade-offs, costs and risks.
Retiring in Cambodia: The Honest Guide to Visas, Costs, Healthcare, and Property
Cambodia runs the region's simplest retirement paperwork — a ~$300-a-year ER extension, no deposits, no property locks. The honest guide to what it costs to live well, where retirees actually settle, the healthcare ceiling and the evacuation question, and whether to rent or buy.
Shophouse Investing in Cambodia: The Asset Locals Love and Foreigners Can't Own Outright
The shophouse is Cambodia's favourite asset — live-work, street-front, deeply liquid locally, $250k–600k in Phnom Penh — and the one a foreigner cannot hold in their own name. How the economics work, why old stock carries soft titles, and the structures that reach it honestly.
The Phnom Penh Property Market in 2026: Oversupply, Yields, and Where the Floor Is
Condo supply tripled in five years and prices sit 15–20% below the 2019 peak. What the numbers actually support in 2026 — supply, vacancy, prices per sqm, and the yields you should really underwrite to.
How to Fund a Cambodian Property Purchase: The Options Compared
A practical, ranked walkthrough of how foreign buyers actually pay for Cambodian property — cash and cross-border transfer, developer instalment plans, borrowing at home against existing assets, and the narrow case for a local bank loan.
Cambodia Property Price & Yield Index — 2026 Q1
Our quarterly read on advertised residential prices and gross rental yields across Phnom Penh, Sihanoukville, Siem Reap, and Kampot. Phnom Penh mid-market condos are down about 1% year-on-year; the coast stays soft while secondary cities firm up.
Cambodia Property Market: A Mid-2026 Outlook
A market that has split into very different stories. Where Cambodian property stands at mid-2026 — the macro backdrop, segment by segment, and what we would and would not underwrite — pulling together the threads from our city and sector research.
Will Cambodia Join the CRS? An Outlook for Long-Term Buyers
There is no current timeline for Cambodia to adopt the Common Reporting Standard — but the global and regional direction is one way only. Why a prudent long-term property buyer should plan as though transparency increases, not decreases.
Expressways, Airports, and Property: How Cambodia’s New Infrastructure Is Redrawing the Map
A new expressway network and a major new capital airport are quietly changing travel times and land values across Cambodia. Where the infrastructure story is real, where it is speculative, and how a buyer should price it.
Financing a Cambodian Property: Why It Is Mostly a Cash Market
Mortgages exist in Cambodia, but for foreign buyers they are scarce, expensive, and short. Understanding why leverage is hard to get explains a great deal about how the market actually behaves.
Cambodia and CRS in Regional Context: How Its Neighbours Compare
Southeast Asia is split on CRS: Singapore, Malaysia, Indonesia, and Thailand exchange automatically; Cambodia, Vietnam, and the Philippines have no committed date; Laos and Myanmar sit outside. The verified map — and why it matters less than it sounds.
Bakong: Cambodia’s Blockchain-Based Payment System, Explained
Cambodia runs one of the world’s more advanced national payment networks — a distributed-ledger system that links every bank into one real-time, QR-driven rail. What Bakong is, why a frontier economy built it, and what it means for a foreign buyer.
Rental Yields in Cambodia: Reading the Numbers Honestly
Cambodian condos are marketed on gross yields of 6 to 8 percent. After the deductions the brochures leave out, the real net figure is usually lower. Here is how to calculate what you would actually earn.
The Real Cost of Buying Property in Cambodia: Taxes and Transaction Fees
Transfer tax, annual property tax, rental tax, and the fees nobody mentions until completion. A plain accounting of what Cambodian property actually costs to buy, hold, and sell.
Cambodia vs the Philippines: Two Freehold Routes for Foreign Buyers Compared
Cambodia and the Philippines both offer foreigners genuine perpetual condo freehold — on very different terms. A head-to-head on the 70% vs 40% quotas, dollar vs peso, transaction taxes, the SRRV vs CM2H residency routes, and which market fits which buyer.
Cambodia vs Singapore: The Safe-Haven Benchmark vs the Frontier Trade for Foreign Buyers
Singapore lets foreigners own freehold condos with no quota at all — then charges 60% ABSD at the door, yields 2–3% net, and attaches no residency. Head-to-head with Cambodia on ownership, the FTA carve-out, taxes, the GIP vs CM2H, and why these two are different asset classes.
Airbnb in Cambodia: The Honest Math on Short-Term Rentals for Foreign Owners
Airbnb is legal-by-silence in Cambodia — no permits, no registry, building rules as the real law. Then the data: ~33% occupancy and $41 nightly in Phnom Penh, where the average listing grosses about $2,100 a year. When short-term beats a long-term lease, and when it doesn't.
Buying Property in Dollars: What Cambodia’s Dollarisation Means for You
Cambodian property is priced, transacted, and rented in US dollars. What dollarisation actually does for a foreign buyer — no currency risk on the asset, free repatriation under the 1997 FX law — and the caveats that come with it.
One research note a week. Free of agency spin.
Markets, law, and risk — written for investors, not for a sales funnel. Free, and you can leave whenever you like.
Free weekly research. No spam, no sales calls. Unsubscribe anytime.