Residential Real Estate Transactions - Cambodia

The market for Residential Real Estate Transactions market in Cambodia is projected to reach a transaction value of US$4.27bn in 2024.
This market is expected to exhibit an annual growth rate (CAGR 2024-2029) of 4.79%, leading to a market volume of US$5.40bn by 2029.
In Cambodia, the residential real estate market is experiencing a surge in demand due to foreign investment and government initiatives to attract international buyers.

Definition:

Residential real estate transactions refer to the buying, selling, or transfer of ownership of residential properties such as single-family homes, condominiums, townhouses, and apartments. These transactions involve a number of steps and parties, including buyers, sellers, real estate agents, attorneys, lenders, and title companies.

Additional information:

The KPIs covered in this market are the real estate transactions revenue and the average revenue transaction value.

Overall revenue generated by residential real estate transactions

Commercial real estate transactions
Revenue of real estate agencies
Revenue of construction companies

The Residential Real Estate Transactions market in Cambodia has been experiencing significant growth in recent years.

Customer preferences: Cambodian customers have shown a strong preference for investing in residential real estate. This can be attributed to several factors such as the desire for stable and secure investments, the potential for high returns on investment, and the cultural importance of owning property. Additionally, the growing middle class in Cambodia has increased the demand for affordable housing, driving the residential real estate market.

Trends in the market: One of the key trends in the Cambodian residential real estate market is the rapid urbanization and population growth. As more people move to cities in search of better job opportunities and improved living standards, the demand for residential properties has increased. This has led to the development of new housing projects and the expansion of existing ones. Another trend in the market is the rise of foreign investment in residential real estate. Cambodia has become an attractive destination for foreign investors due to its relatively low property prices and potential for high returns. Foreign buyers, particularly from China and other Asian countries, are investing in residential properties for both personal use and as rental properties.

Local special circumstances: Cambodia's real estate market has been influenced by various local circumstances. The country's political stability and economic growth have created a favorable environment for real estate investment. Additionally, the Cambodian government has implemented policies to attract foreign investment, including offering incentives and simplifying the process of property ownership for foreigners.

Underlying macroeconomic factors: Several macroeconomic factors have contributed to the development of the residential real estate market in Cambodia. The country's strong economic growth, driven by sectors such as tourism, manufacturing, and construction, has increased disposable income and purchasing power. This has fueled demand for residential properties. Furthermore, low interest rates and easy access to credit have made it easier for individuals to finance property purchases. The availability of mortgage loans has encouraged more people to enter the real estate market, driving demand for residential properties. In conclusion, the Residential Real Estate Transactions market in Cambodia has experienced significant growth due to customer preferences for stable investments and affordable housing, the trends of urbanization and foreign investment, local special circumstances such as political stability and government policies, and underlying macroeconomic factors such as economic growth and easy access to credit.

Data coverage:

Figures are based on total and average revenue of residential real estate transactions (sales).

Modeling approach:

Market size is determined by a bottom-up approach. We use national statistics, international organizations, and industry associations to analyze the markets. To estimate the market size for each country individually, we use relevant key market indicators and data from country specific industry associations such as GDP, price level index, household wealth, household size, number of renter and owner households, housing consumer spending per capita.

Forecasts:

We use a variety of forecasting techniques, depending on the behavior of the market, for instance, exponential trend smoothing. The main drivers are GDP per capita, population, number of renter and owner households, price level index, housing consumer spending per capita.

Additional Notes:

Data is modeled using current exchange rates. The market is updated twice per year in case market dynamics change. The impacts of the Russia-Ukraine war considered at a country-specific level.

This report presents a comprehensive analysis and additional information on the Financial market, in a PDF format.

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Residential Real Estate Transactions - Cambodia

Volume

Analyst Opinion

Transaction Value

Living Space

Methodology

Financial

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Residential Real Estate Transactions - Cambodia

In-Scope

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Real Estate

Related markets:

Residential Real Estate: market data & analysis

Volume

Analyst Opinion

Transaction Value

Living Space

Methodology

Financial

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Global housing market - statistics & facts

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Residential real estate in Europe - statistics & facts

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