Property Prices in Phnom Penh 2025 – Current Real Estate Market Report
Property Prices in Phnom Penh
In 2025, Cambodia's capital, Phnom Penh, maintains its position as one of Southeast Asia's most dynamic real estate markets.
Despite global economic turbulence, property prices in Phnom Penh are rising steadily at 6–8% annually, while the market remains open to foreign investors.
Growing demand from expats, infrastructure investments, and a dollarized financial system make Phnom Penh a safe and profitable alternative to Bangkok or Ho Chi Minh City.
Average Property Prices in Phnom Penh in 2025
| Property Type | Price per m² (USD) | Total Price (USD) | Price in EUR* | Annual ROI |
|---|---|---|---|---|
| Studio (30–40 m²) | 1,800–2,200 | 54,000–88,000 | €50,000–€81,000 | 8–10% |
| 1 Bedroom (45–60 m²) | 2,200–2,800 | 100,000–150,000 | €92,000–€138,000 | 9–11% |
| 2 Bedrooms (70–90 m²) | 2,500–3,200 | 175,000–250,000 | €161,000–€230,000 | 8–10% |
| Premium Apartment (100+ m²) | 3,500–5,000 | 300,000–500,000 | €276,000–€460,000 | 6–8% |
💡 *Exchange rate: 1 USD = 0.92 EUR
According to the CBRE Cambodia 2025 report, prices for new projects in central Phnom Penh rose an average of 7.4% compared to the previous year, while premium segment rents increased by 9%.
Most Expensive Districts in Phnom Penh
| District | Average Price per m² (USD) | Average Price in EUR | Characteristics |
|---|---|---|---|
| BKK1 | 2,800–4,000 | €2,575–€3,680 | Embassy district, offices and expats, highest standard ✅ |
| Tonle Bassac | 2,500–3,500 | €2,300–€3,220 | Modern business center with Mekong River access ✅ |
| Daun Penh | 2,200–3,000 | €2,024–€2,760 | Historic center and government headquarters ✅ |
| Koh Pich (Diamond Island) | 2,000–2,800 | €1,840–€2,576 | Urban island, new luxury developments ✅ |
💡 BKK1 and Tonle Bassac are the two most stable markets with high ROI and sustained demand from foreign investors.
More Affordable Locations with High Potential
| District | Price per m² (USD) | Price in EUR | ROI | Character |
|---|---|---|---|---|
| Chroy Changvar | 1,500–2,000 | €1,380–€1,840 | 9–11% | dynamic development with river views ✅ |
| Toul Kork | 1,800–2,400 | €1,656–€2,208 | 8–9% | middle-class district with schools and offices ✅ |
| Sen Sok | 1,200–1,800 | €1,104–€1,656 | 9–10% | rapid growth in residential estates and shopping centers ✅ |
| Chbar Ampov | 1,300–1,900 | €1,196–€1,748 | 8–10% | new residential district in eastern part of the city ✅ |
Factors Driving Property Price Growth
- New infrastructure investments – Phnom Penh ring road, new Techo Takhmao Airport (2026).
- Foreign investor influx – primarily from China, Korea, Singapore, and Europe.
- Development of Koh Norea and Koh Pich – modern island projects increasing surrounding property values.
- Stable dollarized economy – no currency risk.
- Growing rental demand – especially among expats and students.
According to the Knight Frank Cambodia Report 2024, Phnom Penh will maintain property value growth of 6–9% annually through 2025–2027.
Rental Market in Phnom Penh
| Apartment Type | Average Rent (USD/month) | Value in EUR | ROI |
|---|---|---|---|
| Studio | 400–600 | €368–€552 | 8–9% |
| 1 Bedroom | 700–900 | €644–€828 | 9–11% |
| 2 Bedrooms | 1,000–1,400 | €920–€1,288 | 8–10% |
| Premium Apartment | 1,800–3,000 | €1,656–€2,760 | 6–8% |
Highest demand is for one-bedroom apartments, primarily rented by expats and mid-level managers.
Forecast for 2025–2026
| Year | Projected Price Growth | Projected ROI | Key Trend |
|---|---|---|---|
| 2025 | +7–8% | 9–11% | steady growth and new condo projects |
| 2026 | +8–10% | 8–10% | new airport opening and Koh Norea expansion |
💡 High rental yields and low entry prices make Phnom Penh one of Asia's most attractive real estate markets.
Summary
In 2025, property prices in Phnom Penh continue their upward trend, with the market characterized by stability and strong investment potential.
Thanks to liberal regulations, low taxes, and a dollarized economy, Cambodia attracts investors seeking safe yet high-yield assets.
For international investors, Phnom Penh represents an exceptional opportunity – ROI above 9%, relatively low purchase prices, and a growing long-term rental market.
FAQ
Are property prices in Phnom Penh still rising?
Yes, average growth in 2025 is 6–8%, particularly in BKK1 and Tonle Bassac.
Is now a good time to buy?
Yes – prices are stable and rental demand is steadily increasing.
Which districts are the safest for investment?
BKK1, Tonle Bassac, and Chroy Changvar.
Does Varsovia Estate serve investors in Phnom Penh?
Yes – we provide complete advisory services, legal support, and property management in Cambodia.
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