Cambodia Real Estate Market: 2025 Outlook for Foreign Investors

April 2025

Cambodia's real estate market continues to offer some of the most compelling fundamentals in Southeast Asia. For foreign investors, the combination of high rental yields, a USD-denominated economy, and relatively transparent ownership structures presents a rare opportunity.

Key figures for 2025: Prime condominiums in BKK1 and Daun Penh are achieving gross rental yields of 6–9% annually, outperforming comparable assets in Bangkok, Kuala Lumpur, and Ho Chi Minh City.

The pre-build segment remains particularly attractive. Developers are offering flexible payment plans — typically 20% down with installments spread over the construction period — allowing investors to control assets worth significantly more than their initial outlay.

On the regulatory front, Cambodia permits foreign nationals to own strata-title units outright, with ownership registered under the buyer's name. This clarity has been a key driver of international demand, particularly from Japanese, Korean, and Chinese buyers.

Looking ahead, the completion of several landmark projects in 2025 and 2026 is expected to attract a new wave of corporate tenants and high-net-worth residents, further supporting rental demand across the city.