Tag Archives: Phnom Penh

Investing in Phnom Penh’s Luxury Property Market

phnom-penh-city-centre

Cambodia is one of the fastest growing countries in Asia and has attracted many foreign investors during the past years. Even if the market has been a bit shaky, overseas buyers, and especially Chinese, continue to flood the property market in vast numbers.

Here, you’re not only able to buy residential property, but also commercial property that can bring in great returns long-term.

Today, I’ve invited CS Tee from Huttons Asia in Singapore to explain more about how it works when buying luxury real estate in Cambodia. He has personally bought commercial property in The Peak and will explain about the property market, the buying process, property taxes, what the benefits and drawbacks are, and more.

Let’s see what he has to say.

Thanks for being here Tee. You’re from Singapore and promote Cambodia real estate to international buyers. Can you explain what makes Cambodia so interesting and why foreigners should consider investing in real estate here?

Cambodia is still a relatively new market and therefore has the potential for an attractive return on investment compared to its neighbouring countries, like Thailand and Vietnam.

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Top Real Estate Agencies in Phnom Penh: The Ultimate Guide

phnom-penh-real-estate-agencies

Phnom Penh is the capital and the business hub of Cambodia, attracting many foreigners who want to invest in this emerging market. With an annual economic growth of 7%, a young workforce and pro-foreign policy, it’s not strange why both locals and foreigners have decided to open up property agencies here.

But it’s not always easy to find an agency that suits your needs and that cater you in the best way. Therefore, I’ve written this article where I list some of the biggest agencies in Phnom Penh and tell you more about their founders, services and more. Let’s have a look.

Introductory remark

The real estate agencies are listed in a random order.

1. IPS

David Murphy established IPS in 2009 and it’s currently one of the biggest and most reputable agencies in Phnom Penh. During his career, he’s owned a hotel for several years, managed to become a licensed Valuer in Cambodia and prior to that worked with infrastructure development projects.

David has managed to create a team that consists of both local nationals and foreigners that speak a number of languages.

Property types

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Buying a Condo in Phnom Penh: A Beginners Guide

buying-condo-phnom-penh

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Cambodia is growing fast economically and has attracted many foreign corporations in the past years.

With an influx of many Chinese buyers and expats (that needs housing), prices have increased much.

Cambodia provides great yields and experienced early investors have managed to earn decent money through property investments.

In this article I explain the basics when buying a condo in Phnom Penh.

Phnom Penh’s property market

Property prices have increased fast in Phnom Penh the past years. So fast, so that the local economy has difficulties to catch up.

I would be lying if not saying that Phnom Penh is facing a new property bubble, within a short time. Or maybe not, if the Chinese continue to pour in, driving up the prices…

It’s a similar scenario as we see with Bitcoin, very volatile, but continuously climbing higher.

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