Sihanoukville Real Estate – Prices, Investments & Market Outlook 2025

Sihanoukville Real Estate

Sihanoukville, situated on the Gulf of Thailand, is Cambodia's largest port city and one of Southeast Asia's most dynamically developing investment hubs.
In recent years, the city has undergone tremendous transformation – from a quiet resort town into a modern economic and tourism zone, with dozens of new hotel, apartment, and commercial projects.

For international investors, Sihanoukville real estate represents one of the region's most promising opportunities today – attracting both those seeking passive income and long-term capital appreciation.

Current Sihanoukville Real Estate Market Situation (2025)

After a period of intensive Chinese capital investment between 2016–2019, Sihanoukville underwent a restructuring process.
In 2025, the city is entering a stabilization and market recovery phase, with greater emphasis on quality projects, sustainable investments, and premium tourism.

According to the CBRE Cambodia 2025 report, property prices in Sihanoukville increased by an average of 5.5% year-over-year, and short-term rental demand is returning to pre-pandemic levels.

Sihanoukville Property Prices (2025)

Property Type	Price per sqm (USD)	Total Price (USD)	Price in GBP*	Annual ROI
Studio	1,200–1,800	40,000–70,000	£32,000–£56,000	9–11%
1 Bedroom	1,800–2,500	80,000–120,000	£64,000–£96,000	9–10%
2 Bedrooms	2,500–3,200	150,000–200,000	£120,000–£160,000	8–9%
Beachfront Villa	3,000–4,500	250,000–500,000	£200,000–£400,000	7–8%

💡 *Exchange rate: 1 USD = 0.80 GBP (approximate)

It's worth noting that prices in Sihanoukville remain 30–40% lower than in Phnom Penh, making it an attractive alternative for investors with smaller budgets.

Best Locations in Sihanoukville

1. Ochheuteal Beach and Serendipity

The city's most developed tourist area, featuring hotels, restaurants, and short-term rental apartments.

• ROI: 9–10%
• Prices: $1,800–$2,500 per sqm (≈ £1,440–£2,000 per sqm)
• Ideal for Airbnb investments and vacation rentals

2. Independence Beach

A resort district with luxury villas and branded hotels, including Sokha Beach Resort and Independence Hotel.

• Prices: $2,500–$3,500 per sqm (≈ £2,000–£2,800 per sqm)
• ROI: 8–9%
• Outlook: land value growth of 10–12% annually

3. Otres Beach

Following infrastructure redevelopment, Otres is becoming one of the most desirable areas for residential investment.

• Prices: $1,500–$2,300 per sqm (≈ £1,200–£1,840 per sqm)
• ROI: 9–11%
• Projects: Blue Bay Condo, Sunshine Marina, Otres Park Villas

4. Sihanoukville Special Economic Zone (SSEZ)

One of the region's largest industrial hubs, developed in cooperation with China.

• ROI: 10–12% in the commercial sector
• Land prices: $100–$200 per sqm (≈ £80–£160 per sqm)
• Strong potential for warehouse and industrial investments

Sihanoukville Rental Market

Rental Type	Average Monthly Rent (USD)	Value in GBP	ROI
Studio	400–600	£320–£480	10–11%
1 Bedroom	700–900	£560–£720	9–10%
Villa	1,500–3,000	£1,200–£2,400	8–9%
Commercial Space	1,000–2,000	£800–£1,600	9–11%

The increasing number of tourists (over 1.2 million visitors in 2024) and improving port infrastructure support the short-term rental market.

Investment Trends 2025

• Post-pandemic market recovery – return of European and South Korean investors
• Infrastructure development – new Phnom Penh–Sihanoukville expressway (reducing travel time to 2.5 hours)
• Deep-water port expansion – will increase the city's importance as a maritime trade hub
• New resort projects – planned investments in Otres and Ream zones

According to the Knight Frank Cambodia Report 2024, Sihanoukville will record the highest percentage land value growth in all of Cambodia during 2025–2026.

Comparison: Sihanoukville vs Phnom Penh

Factor	Sihanoukville	Phnom Penh
Average price per sqm	$1,800–$2,500	$2,200–$3,200
ROI	9–11%	8–10%
Market type	tourism-resort	residential-commercial
Growth outlook	very high	stable
Land availability	high	limited

💡 For investors seeking lower entry prices and higher ROI, Sihanoukville is currently the best choice in Cambodia.

Summary

Sihanoukville real estate presents an ideal opportunity for investors seeking high returns and exposure to Asia's growing tourism market.
Thanks to favorable regulations, a dollarized economy, and strategic coastal location, the city has the potential to become mainland Asia's second Phuket within a few years.

2025 is the moment to enter this market before prices increase by another 20–30%.

FAQ

Can foreigners buy property in Sihanoukville?
Yes, through condominium ownership (freehold) or land leasing arrangements.

Is it worth investing in beachfront apartments?
Yes – they guarantee high ROI and strong demand for short-term rentals.

Is the market stable?
After declines in 2020–2022, the market has stabilized and is entering a phase of sustainable growth.

What ROI can be achieved?
Average 9–11% annually in the condo segment and 10–12% in commercial properties.

About Varsovia Estate

Varsovia Estate is a European agency specializing in premium real estate in Thailand and Cambodia. We help investors with analysis, acquisition, and property management in Southeast Asia. We combine European service standards with local knowledge and experience. Our goal is to ensure maximum security and profitability for our clients' investments.