Top Real Estate Agencies in Sihanoukville: A Complete Guide

sihanoukville-real-estate-agencies

Sihanoukville becomes increasingly more popular among foreigners and has seen big increases in property prices over the years. If you look for real estate agents, you won’t find as many options as in Phnom Penh. Still, many of the agents in Phnom Penh can help you to find properties in Sihanoukville.

In this article, I list some of the most popular real estate agencies who help locals and foreigners to buy properties in Sihanoukville.
Introductory remark

The real estate agencies are listed in a random order. Some of the below listed real estate agencies have their head offices in Phnom Penh, but help foreigners to buy property in Sihanoukville.

1. CBRE

CBRE is one of the largest real estate agencies in the world and was originally founded in the United States. The company has tens of thousands of employees worldwide, naturally, they have also set up an office in a growing market like Cambodia’s.

Unfortunately, CBRE doesn’t have any remote office in Sihanoukville, as the head office is located in Phnom Penh, opened in 2007. But they help foreigners with a number of property services in the city.

CBRE has a number of reputable clients in the country, for example, the Embassy of Korea, PWC, KLM and Nokia.

Property types

The company manages both residential and commercial properties, for example, condos, apartments, villas, industrial properties, hotels and more.

Services offered

  • Sales and leasing
  • Valuation
  • Advisory
  • Research
  • Consulting
  • Others

Office address

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

2. Knight Frank

Knight Frank is one of the oldest and most reputable real estate agencies in the world, they currently have more than 2000 employees working in different Asian countries. Eric Ooi serves as the company’s Executive Chairman in Cambodia while Ross Wheble act as the Country Director.

They both have long experience in the real estate industry and have worked in Cambodia for several years.

Knight Frank works with a number of large companies, for example, Total, Anz Royal, Thalias and more.

Property types

Includes both residential and commercial properties, like condos, apartments, beach houses, villas, retail properties and more.

Services offered

  • Sales and leasing
  • Consulting
  • Project marketing
  • 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

3. IPS

David Murphy founded IPS in 2009 and serves as the company’s managing director. The management consists of Australian nationals, but there’s a mixture of both foreigners and local nationals in the company. David has a long history in real estate and 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

IPS manages both commercial and residential properties, for example:

  • Apartments and condos
  • Townhouses and villas
  • Land
  • AirBNB rentals
  • Hotels
  • Offices
  • Retail properties

Services offered

  • Sales and leasing
  • Property management
  • Ownership transfers
  • Due diligence
  • 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

4. Cambodia Properties Limited (CPL) Sihanoukville

Lok Oknha founded CPL in 1997, it’s one of a few companies who have set up a separate branch in Sihanoukville, while their head office is in Phnom Penh. Lok Oknha has a long experience in real estate and a partner with www.realestate.com.kh, the biggest listing site in Cambodia. The company currently employs over 150 people, operating in different cities in Cambodia.

Property types

The company can help you to buy both commercial and residential properties, for example, villas, factories, restaurants, hotels, apartments and condos.

Services offered

  • Sales
  • Leasing
  • Marketing
  • Management
  • Others

Office address

#049, Street Ekareach, Sangkat 4, Preah Sihanouk Town, Cambodia.

5. Century 21 Laymin Realty

Century 21 is one the biggest franchised real estate networks in the world and has a dozen of offices in Cambodia, including one in Sihanoukville. The company was originally established in the United States in 1971 and has managed to grow into a company with 60,000 professionals.

Kuy Sothea operates the Sihanoukville branch, claimed for being the only Century 21 Franchise office in the city.

Property types

Include mostly villas and land.

Services offered

The company offers services in sales and renting.

Office address

2 Thnou Street, Krong Preah Sihanouk, Cambodia

6. Pond Growth

Pond Growth is a local real estate agent in Sihanoukville, it’s currently headed by Samret Sophat. He’s been the branch manager since 2006. Somrat previously earned an MBA and currently works on becoming a Doctor in Business Administration.

Property types

Include both commercial and residential properties, for example, condos, apartments, villas, factories, retail properties, bungalows and more.

Services offered

The company can help you with property related services, car renting, business services and more.

Office address

Ekareach Street Next to Lucky Ocean Supermarket, Group 6, Village4, Sangkat 4, Sihanoukville, Khet Preah Sihanouk , Cambodia

7. Sihanoukville Property

Sihanoukville Property was founded in 2013 and currently headed by Norn Thim. He’s been quoted in CVEA (Cambodian Valuers & Estate Agents Association) and a number of newspapers, for example, in the Khmer Times and the Bangkok Post.

Norn has been working in the real estate industry for over a decade.

Property types

Includes all kinds of commercial and residential properties, for example, condos, apartments, casinos, hotels, villas and more.

Services offered

Sales, leasing and renting.

Office address

Serendipity Beach Street (502), Sihanoukville,, Sihanoukville, Krong Preah Sihanouk, Cambodia 18000, Cambodia

How much do I need to pay my agent in commission in Sihanoukville?

Commissions usually land at 2-3% of the sales price, depending on the value. The commission is paid by the seller to the agent.

Can foreigners legally own land in Sihanoukville?

Foreigners cannot own land in Cambodia, so this includes Sihanoukville. If you wish to buy and control land in Sihanoukville, you can do it through four different ways:

  • Buying through a Cambodian company
  • By setting up a leasehold agreement
  • Obtain a Cambodian citizenship (gives you full ownership)
  • Buying land through a Cambodian nominee

The easiest and safest option is to buy a house with land that is leased to you with a maximum time period of up to 40-50 years.

What land types can I buy?

The four most common land types are:

  • Coastal land
  • Downtown land
  • Residential land
  • Agricultural land

Coastal land is, maybe not surprisingly, most sought after and popular among developers. Downtown land is less expensive and usually in commercial areas. Residential is even cheaper, but the cheapest land type is agricultural land.

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