We'll help you make sense of the Cambodia property market. Here is what you can expect when arriving in Phnom Penh and looking for a house or apartment to live in.
Finding a House in Cambodia
Cambodians typically prefer living in landed housing and there is a great variety of landed houses available on the market ranging from terraced town houses, shop houses, semi-detached and detached houses and villas. You can find houses for rent and sale all over Cambodia. Many older landed houses are fitted with traditional Khmer finishes along with wooden Cambodian furniture. However, newer developments are more contemporary in design.
Short-term Housing in Cambodia
Do take your time to look for suitable housing (your belongings can in any case may take several weeks to be shipped). Meanwhile, newcomers can always stay in a hotel or serviced apartment while searching for the right home in Cambodia.
Living in Hotels While Searching for Property in Cambodia
There are plenty of choices ranging from boutique to luxury hotels that are willing to take in a medium-term tenant on a weekly to monthly basis. Room rates are competitive and should be considered for a short term solution whilst house hunting for your ideal property in Cambodia.
Serviced Apartments and Condos in Cambodia
Most expatriates and foreign workers from neighbouring countries stay in serviced apartments or condominiums in Cambodia. A serviced apartment is a residential apartment that provides hotel services. All apartments are fully furnished - with the amenities and convenience of a hotel, including daily housekeeping service.
Most serviced apartments in Cambodia come with 24-hour security, a lift and car parking. Housekeeping, laundry and linen services are optional and available at additional charge. Utilities bills are excluded from rental, dependent on your usage.
Average floor areas for serviced apartments / condominiums range from 30 square metres for a studio to 150 square metres for a three-bedroom unit. Penthouses and duplex apartments are available for discerning tenants. Rentals generally start from USD$500 for a studio to about USD$5,000 for a three or four-bedroom penthouse in a prime location.
Knight Frank would be happy to arrange inspections and reservations, please do not hesitate to ask us to provide this free service to you.
Most serviced apartments in Phnom Penh are low density and have been developed and operated by Cambodian landlords.
International operators are now beginning to enter the market. These operators bring with them their experience and quality of service and have helped to improve industry standards. International and Established Serviced Apartment operators include: The Ascott Limited, Hongkong Land and Leo Palace 21.
House Hunting – Finding the perfect property in Cambodia
Cambodia has a total 165 districts spread across 25 provinces. Finding a property of your choice can be arduous and time consuming, especially when you are new to the country. The Knight Frank Residential Leasing Team is one of the best international property firms that provide a full suite of expatriate relocation services ranging from an Orientation Programme, Home Search, Settling-in and Tenancy Management. You can count on us to provide trusted advice for your move to Cambodia.
Please contact our professional team of real estate agents at +855 23 966 878 or enquiry@kh.knightfrank.com if you need any advice on property in Cambodia.