• Top Real Estate Agencies in Siem Reap: A Complete Guide

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    Siem reap is the gateway to one of the most visited temples in the world, Angkor Wat. The tourism industry thrives, naturally, this affects the real estate market positively. Siem Reap is also famous for having more villas and land available compared to the capital, Phnom Penh. Prices are lower on average as well.

    The number of real estate agencies is slightly higher than Sihanoukville, most of the multinational companies have decided to set up head offices in Phnom Penh, but still cater foreigners who wish to buy properties in Siem Reap.

    In this article, I list some of the biggest and most popular real estate agencies in Siem Reap.

    Introductory remark

    The real estate agencies are listed in a random order.

    1. IPS

    IPS is an established brand in Cambodia, they’ve managed to set up a strong local presence with a good mix of both local nationals and foreigners. The management consists of Australians and the company is headed by David Murphy in 2009,

    David Murphy founded IPS in 2009 and serves as the company’s managing director. The management consists of mostly Australians, but there’s a mixture of both foreigners and local nationals in the company. David has a long history in real estate and previously managed a hotel for several years.

    The company focus much on expats and foreigners and have staff capable of speaking English, French and more. Unfortunately, they don’t have any local branch in Sihanoukville but cater foreigners from their offices in Phnom Penh and Siem Reap.

    Property types

    The company sells all kinds of residential and commercial properties, some examples are:

    • Villas
    • Condos
    • Apartments
    • Townhouses
    • Land
    • Retail
    • Hotels

    Services offered

    • Sales and leasing
    • Valuations and advisory
    • Property Management
    • Due diligence, search and ownership transfers
    • Others

    Office address

    #618, Wat Bo Road., Siem Reap

    2. CS Property

    CS property is an established and well-known real estate agency located in Siem Reap, Chinda Sovan became the company’s CEO in 2012. Chinda has worked since the age of 16 and managed to build up a large network in the real estate industry. Before taking over CS property, she held different management positions together with foreign partners in companies such as Evans Sovan Property & Business, Cambodia Business Investment, Cambodia Insight and Siem Reap Rental – Asia.

    CS property has both foreigners and local Cambodian professionals and has received a number of testimonials.

    Property types

    The company helps foreigners and locals to buy both commercial and residential properties, for example, condos, houses, land, apartment buildings, restaurants and more.

    Services offered

    Sales, renting and leasing.

    Office address

    331 Tep Vong St. Taphul Village, Siem Reap, Cambodia

    3. CamUK Real Estate

    CamUK is an established real estate agency in Siem Reap, the name is an abbreviation and a combination of the words “United Kingdom” and “Cambodia”, as one of the founders is of British origin and one is Cambodian. Unfortunately there’s not much information to be found on their website, but you can see a number of testimonials written by various foreign clients.

    Property types

    The company manages land, residential and commercial properties, for example:

    • Apartment blocks
    • Gasoline stations
    • Hotels
    • Restaurants
    • Apartments
    • Studio apartments
    • Houses

    Services offered

    Sales, renting and leasing.

    Office address

    #10, Street 6A, Banteay Chas Village, Slorkram Commune, Siem Reap, Siem Reap Province, Cambodia

    4. 1st Siem Reap Properties

    1st Siem Reap Properties was established in 2013 by James White, originally from Australia. Before founding the company, James worked for IPS (see above) during a time period of 2 years in Siem Reap. The company has two associates, Morakot International Group that deals with business & tax consulting and SKYWON Law Offices & Associates.

    Property types

    The company manages commercial and residential properties in Siem Reap, Sihanoukville and Phnom Penh. Some examples are:

    • Condos and apartments
    • Villas and houses
    • Land
    • Retail properties
    • Others

    Services offered

    • Sales
    • Renting
    • Leasing
    • Business & tax consulting
    • Legal services

    Office address

    0222 River Road, Mondol 3 Village, Slorkram, Siem Reap, Cambodia

    5. Hunter Estates

    Hunter Estates was founded by Mario Tan in 2012 and has catered a number of foreigners over the years. He’s written articles for other major property websites and been quoted in newspapers like Khmer Times.

    Property types

    Include both commercial and residential properties, for example:

    • Apartments and condos
    • Villas and houses
    • Retail properties
    • Land
    • Office space
    • Others

    Services offered

    • Sales and leasing
    • Business consultation

    Office address

    Steung Thmey, Svay Dangkum, City, Krong Siem Reap, Cambodia

    6. CARE (Cambodia Angkor Real Estate)

    Angkor Real Estate was founded by Ros Hay two decades ago and is currently one of the biggest real estate agencies in Siem Reap. The company clearly states that they target foreigners and expats who wish to buy properties in the region, Ros has also been quoted in newspapers like the Phnom Penh Post.

    Clients served include the Embassy of Kuwait, Cimb Bank, Phnom Penh Commercial Bank and more.

    Property types

    The company manages both residential and commercial properties, for example:

    • Condos
    • Apartments
    • Villas
    • Land
    • Retail properties

    Services offered

    Some services offered include:

    • Sales and leasing
    • Consulting
    • Management
    • Land Title Search
    • Investment Law
    • Others

    Office address

    #590, Group 4, (700m from National Road No. 6, along the Lork Ta Neouy Street), Wat Bo Village, Sangkat Salakomreouk, Siem Reap City, Cambodia., P.O BOX 93090, Siem Reap, Cambodia

    7. CBRE

    CBRE is the biggest real estate agency in the world in terms of annual revenues. Even if the company doesn’t have an office in Siem Reap, you can still get in touch with their office in Phnom Penh to buy properties in Siem Reap.

    CBRE has a number of big international companies as their client and has operated in Cambodia for more than a decade.

    Property types

    Include both residential and commercial properties, for example:

    • Condos
    • Apartments
    • Houses
    • Industrial properties
    • Office space
    • Others

    Services offered

    Some examples of services offered by CBRE include:

    • Sales and leasing
    • Valuation
    • Advisory
    • Consulting
    • Management

    Office address

    9th Floor, Phnom Penh Tower, No. 445, Monivong Blvd, corner of St. 232, Sangkat Boeung Prolit, Khan 7 Makara, 12258 Phnom Penh

    8. Knight Frank

    The same as it goes with CBRE, Knight Frank doesn’t have any branch located in Siem Reap, but they help foreign clients from their head office in Phnom Penh. It’s one of the biggest and oldest real estate agents globally, with thousands of professionals working in Asia. Ross Wheble is the Country Director in Cambodia, while Eric Ooi is the Executive Chairman.

    The company has helped many multinational companies, for example in the petroleum and bank industries.

    Property types

    The company manages both commercial and residential properties, for example:

    • Apartments and condos
    • Villas and beach houses
    • Office space
    • Others

    Services offered

    Some examples of services offered include:

    • Sales
    • Leasing
    • Renting
    • Consulting
    • Asset and facilities management
    • Others

    Office address

    Knight Frank (Cambodia) Pte Ltd, 16B, 16th Floor Canadia Tower, 315 Ang Duong Street Sangkat Wat Phnom, Khan Daun Penh, Phnom Penh

    How high are the agent commissions in Siem Reap?

    The seller normally needs to pay a commission of 2-3% of the sales price to the real estate agent.

    Interesting areas to buy property in Siem Reap

    Siem Reap is fairly small but still have a number of areas that stand out from others. The following areas are some of the most popular in Siem Reap and where much activity is going on:

    • Sala Kanraeuk
    • Kouk Chak
    • Sla Kram
    • Svay Dangkum
    • The ring roads

    How is the Siem Reap property market?

    Siem Reap relies much on tourism, of the 5 million travelers who visit Cambodia yearly, 2 million decide going to Siem Reap. This is a bit different compared to places like Sihanoukville and Phnom Penh that are involved more in other industries, like manufacturing and fishing.

    There’s been a big influx of foreigners and especially Chinese investors who see opportunities as Chinese tourists flood Siem Reap. While the amount of Japanese and Korean tourists increases with around 10% per year, the amount of Chinese increase with around 25%.

    Prices have stagnated a bit in both Sihanoukville and Siem Reap, and it might continue like this for some time. But the country is growing at a fast pace and predicted to do well in the long run.

    I also recommend you to read my separate article about buying property as a foreigner in Siem Reap.

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