Tag Archives: Siem Reap

Top Real Estate Agencies in Siem Reap: A Complete Guide

siem-reap-real-estate-agencies

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

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Buying Property in Siem Reap: The Ultimate Guide

buying-property-siem-reap

Siem Reap is the gateway to one of the most visited ancient temples in the world, Angkor Vat.

Following the increased amount of tourists visiting Siem Reap, both locals and foreigners want to grab a share of the real estate market.

Not only will you find opportunities to buy residential property, it’s getting increasingly popular to buy hotels and restaurants as well.

In this article, I explain the basics you need to know if you plan to buy property in Siem Reap.

Siem Reap real estate market

Compared to its rival Sihanoukville that gets income from other industries than tourism, like manufacturing and fisheries, Siem Reap’s economy relies heavily on tourism. In fact, it’s said that 50% of the Cambodians who live in Siem Reap work in tourism.

Just look at these numbers:

The tourism has increased massively in Cambodia the past years and more than 5 million people visit the country yearly. Siem Reap receive more than 2 million tourists each year, making a great contribution.

I think we can agree that these numbers speak for themselves.

As one of the most visited cities in the world, especially from countries like China, Korea and Vietnam, tourism grow by 10% on average annually.

The Chinese flood Siem Reap’s property market

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