Property in Phnom Penh
អចលនទ្រព្យភ្នំពេញ
Condos, link houses, boreys and land for sale and rent across Phnom Penh — Cambodia's deepest property market and the only city with a large registered strata-title condo supply.
The Phnom Penh property market explained
Phnom Penh holds most of Cambodia's formal property market: registered condominium projects, professional agencies, bank mortgages and the widest rental stock. Foreign buyers concentrate here because strata-titled units above the ground floor can be owned outright in a foreign name.
Prices vary sharply by district. BKK1, Daun Penh and the riverside carry the premium; Toul Kork and Chamkarmon sit mid-market; Sen Sok, Chroy Changvar, Meanchey and Por Senchey are where new boreys and cheaper land supply are concentrated.
Rental yields on well-located condos have compressed as supply grew, so run the numbers on service charges (typically $0.60–$1.20 per m² per month), sinking-fund contributions and realistic occupancy before treating a unit as an income asset.
Indicative prices in Phnom Penh
| Property type | Asking price (sale) | Typical rent |
|---|---|---|
| Condo unit (1 bed) | $70,000 – $160,000 | $400 – $900 / month |
| Condo unit (2–3 bed) | $150,000 – $450,000 | $800 – $2,500 / month |
| Borey link house | $90,000 – $300,000 | $450 – $1,500 / month |
| Villa (BKK1 / Toul Kork) | $400,000 – $2,000,000+ | $1,500 – $6,000 / month |
| Land | $300 – $4,000 / m² by district | Long lease, negotiated |
Ranges are indicative asking prices from public listings, not valuations.
Where to buy or rent in Phnom Penh
- BKK1
- Embassy and expat core; highest condo and villa rents in the country.
- Daun Penh / riverside
- Colonial shophouses, offices and short-term rental demand.
- Toul Kork
- Family villas, international schools, mid-to-upper mid market.
- Sen Sok
- Borey belt with new link houses and shopping anchors.
- Chroy Changvar
- Peninsula across the Tonle Sap; newer developments and land plots.
- Meanchey / Chak Angre
- Affordable link houses along the southern corridors.
Explore Phnom Penh on the Cambodia map to see schools, markets, hospitals and transport near a shortlisted street.
Buying and renting questions
- Can foreigners buy a house in Cambodia?
- Foreign nationals cannot own land, and therefore cannot hold direct freehold title to a ground-floor house. The legal routes are: buy a strata-titled unit on the first floor or above, sign a long-term lease (commonly 15–50 years, renewable), or hold the land through a Cambodian majority-owned company. Take independent legal advice before transferring money.
- What is the difference between hard title and soft title?
- Hard title is registered with the national land authority and is the strongest, bank-financeable form of ownership. Soft title is recorded at commune or district level only; it is still common on older properties and usually sells at a discount, but it carries more dispute and conversion risk.
- How much does a house cost in Siem Reap?
- Indicative asking prices run from roughly $45,000 for a modest two-bedroom link house on the outskirts to $130,000–$400,000 for a detached villa near the river or Angkor side. Land near the town centre is commonly quoted per square metre rather than per plot.
- What taxes and fees apply when buying?
- Budget for the 4% property transfer tax on hard-title transactions, agency commission where an agent is involved, notary and registration costs, plus the annual immovable property tax of 0.1% on the taxable value of properties above 100 million riel.
- Is it better to rent first?
- For most newcomers, yes. Renting for six to twelve months lets you learn which streets flood, how reliable power and water are, and what realistic local prices look like before committing capital in a market with limited resale liquidity.
Information only — not legal, tax or investment advice. Use a licensed Cambodian lawyer for title checks and transfers.