Q1 2025 Market Insights
- Andrew Millar
- Apr 10, 2025
- 2 min read
Updated: 3 days ago
CBRE Cambodia
Report Description
10th April 2025 (PDF, 47 pages)
This popular guide offers a data-rich overview of Cambodia’s evolving real estate landscape and presents CBRE Cambodia’s research-driven perspective on market conditions, sector performance and economic headwinds faced in early 2025.
Summary
GDP growth forecast at 5.5% for 2025 reinforces steady macroeconomic momentum, with tourism arrivals surpassing 1.26 million by February 2025.
Office occupancy stabilises at 63%, with Grade A and Grade B rents adjusting amid increased supply and tenant-friendly leasing terms.
Retail occupancy reaches 61%, supported by affordable brands and shifting consumption patterns driven by budget-friendly local retailers.
Residential prime property pricing moderates year-on-year, with high-end condominium prices averaging USD $2,648 per sqm in Q1 2025.
Infrastructure investment remains a major catalyst, with ongoing development of the Techo International Airport and progress on the Funan Techo Canal.
Market uncertainties stem from external shocks, including US tariff adjustments and supply-chain disruptions affecting export-orientated industries.
Key takeaways stress strategic improvements, investment in retrofitting, and cautious decision-making as Cambodia transitions through 2025’s volatile environment.
About the Market Insights Series
The Market Insights series provides regular analysis of Cambodia’s commercial, residential and mixed-use property markets.
Each edition combines market indicators, sector commentaries and economic context to support informed investment planning. The series is widely used by developers, investors and analysts seeking evidence-based interpretations of emerging trends.
About CBRE Cambodia
CBRE Cambodia has been operating in the Kingdom since 2008, establishing itself as one of the country’s leading real estate advisory firms.
It delivers research, valuation, consultancy and broking services across commercial, residential, industrial and hospitality sectors.
The organisation’s market reports are recognised for their analytical depth and practical relevance to investors, developers and corporate clients.
Website: cbre.com.kh