Sihanoukville Condo Market Trends 2025
- Andrew Millar
- Jun 25, 2025
- 1 min read
Updated: Dec 24, 2025
IPS Cambodia
Report Description
25th June 2025 (online)
This comprehensive article explores the evolving condominium landscape in Sihanoukville, with IPS Cambodia analysing the effects of past investment cycles, new infrastructure, renewed tourism and shifting rental dynamics.
Summary
New condo launches are returning after a multi-year hiatus, signalling renewed sector growth and improved investor sentiment in 2025.
Major infrastructure upgrades, including the USD $2 billion Phnom Penh to Sihanoukville motorway, have reduced travel time to just over 2 hours, boosting accessibility.
Government incentives for redevelopment have encouraged investors to acquire unfinished buildings, reducing the number of abandoned high-rises.
High-end condominiums account for 40% of stock, with prices between USD $1,400 and $2,500 per sqm and rental returns of 5 to 7% per annum.
Mid-range units, representing 40%+ of supply, average USD $1,000 to $1,400 per sqm and deliver rental returns of 4 to 6% per annum.
Low-range ‘no-frills’ condos make up 20% of the market, priced at USD $700 to $1,000 per sqm with returns of 4 to 5% per annum.
Growing tourism and new international hotel brands, including Accor (Novotel), TUI Group and IHG Hotels & Resorts (InterContinental), are strengthening long-term asset appreciation prospects.
About IPS Cambodia
IPS Cambodia is a leading real estate agency specialising in residential and commercial property services throughout Cambodia.
The organisation provides research, broking and advisory support to investors, buyers and tenants across major urban markets.
With a strong data-driven approach, IPS Cambodia delivers market intelligence and on-the-ground insight to assist informed investment decisions.
Website: ips-cambodia.com