Cambodia real estate market

Earlier this year I was lucky enough to spend some time in Cambodia and inevitably couldn’t resist taking a look at the real estate market there.

The Cambodian economy is still reeling from the aftermath of the Khmer Rouge conflict, but it is recovering quickly and my opinion is that the place will look completely different in a few years. Many of Cambodia’s roads are dirt roads that get muddy in the rainy season, even between major cities. However, this is now changing and roads are being built rapidly.

Since I have been in Cambodia, I have noticed that the Cambodian government is taking steps to make it easier and safer for foreigners and foreign entities to invest in the country with the aim of attracting significant foreign investment, and not just in real estate. .

It is also expected that the Cambodian government will soon make it possible for foreigners to purchase real estate in their name without the need to set up a company as it currently stands.

Without going into economic details in this blog, we believe all signs point to a period of sure growth ahead in the Cambodian real estate market. Many international property developers have already entered the scene recently in light of changing regulations.

Particularly recently, I started to see real estate developments not only in the capital, Phenom Pehn, but also on the coast, in places like Kep. I think there is certainly a lot of potential, but investors should be aware that the market is still very new and immature and will change a lot in the next few years, so it is not without risk.

With property price growth in many of the Southeast Asian property markets slowing considerably or reversing, Cambodia may be a place to look for those interested in investing in the region and can handle a bit more risk and uncertainty.

The Cambodian real estate market is certainly a market to watch closely.