Are There Affordable Condo Options ($60,000–$100,000) or Luxury Units ($330,000+) Available in Phnom Penh?
Some condos cost less than a used Toyota, others more than three lifetimes of rent — here’s what no one explains before you wire the money and pray the elevator works.
Your Quick Answer
Yes, Phnom Penh offers both affordable condo or luxury condo in Phnom Penh options that fit every budget. You can find studio units starting at just $43,200 in emerging areas like Toul Tom Pong, while luxury penthouses reach up to $2.6 million in prime BKK1 locations. The market shows strong growth with 6-8% price increases expected through 2027, making both affordable condo or luxury condo in Phnom Penh segments attractive for buyers and investors seeking value in Cambodia’s capital.
$60K Gets You a Condo in Phnom Penh?! Or Maybe You’ll Need $330K
Phnom Penh’s condo market breaks every rule you think you know about Southeast Asian real estate. While Bangkok studios cost $200,000+ and Singapore one-bedrooms hit $800,000, Cambodia’s capital serves up genuine bargains that make seasoned investors do double-takes.
Wait, WHAT? My client from Singapore bought THREE different one-bedroom units in Phnom Penh for the same price as ONE studio apartment in downtown Singapore. We’re talking $68,000 each versus $850,000 for 35 square meters in Clarke Quay. She looked at me and said, “I feel like I’m cheating the system.” That’s the Phnom Penh advantage nobody talks about.
The affordable condo or luxury condo in Phnom Penh market operates across three distinct price tiers. Entry-level options start around $43,200 for basic studio units. Mid-range properties fall between $100,000-$250,000. Luxury developments begin at $330,000 and reach over $2 million for premium penthouses.
The Reality Check: What $60K Actually Buys You in Cambodia’s Capital
Key Takeaways: What Smart Buyers Need to Know
1. Affordable Options Are Real and Available
Multiple developments offer units under $100,000, with Kingston Royale leading at $49,000 for one-bedroom condos in Chamkarmon district. Time Square 8 provides studios from $43,200 in the up-and-coming Toul Tom Pong area. Vue Aston starts at $72,000 for basic units with guaranteed returns. These aren’t tiny boxes either – most affordable units range from 45-70 square meters with modern finishes and building amenities that would cost triple in neighboring countries.
2. Luxury Market Offers World-Class Options
Premium developments like J Tower 3 start at $330,000 for three-bedroom units in Cambodia’s tallest residential building. UC88 Wyndham Garden provides luxury studio units from $75,000 up to $2.6 million penthouses with hotel management services. Picasso Sky Gemme features art-themed luxury units from $275,880, endorsed by the official Picasso estate. These properties compete directly with Bangkok and Kuala Lumpur luxury markets but at 30-50% lower prices.
3. Foreign Ownership Laws Are Investor-Friendly
Cambodia allows foreign buyers to own up to 70% of units in any building above ground floor with full ownership rights. This represents one of Asia’s most open property markets for international investors. The country uses US dollars for all transactions, removing currency exchange risk. No minimum investment amounts or residency requirements exist for condo purchases.
4. Rental Yields Outperform Regional Markets
Affordable condo or luxury condo in Phnom Penh properties generate 5-12% annual rental returns compared to 2-4% in mature markets like Singapore or Hong Kong. Affordable segment units often achieve 7-8% yields due to strong local demand from young professionals. Luxury properties generate 6-9% returns while attracting international tenants willing to pay premium rents for quality accommodation.
5. Infrastructure Development Is Creating Value
The new Techo International Airport opened in 2025, connecting Phnom Penh to 50+ international destinations. Major expressway projects are improving connectivity between districts. The $36.6 billion Cambodia-Korea Friendship Bridge enhances access to emerging areas. These infrastructure improvements typically drive 15-20% property value increases in surrounding areas within 2-3 years of completion.
6. Market Timing Favors Current Buyers
Property prices stabilized in 2024 after the 2019-2021 correction period, with entry-level condos now 20-30% below peak pricing. GDP growth of 6.1% in 2025 supports market recovery while keeping prices reasonable. Tourist arrivals are projected to reach 7.1 million in 2025, driving rental demand. Early buyers in 2025 position themselves before anticipated 6-8% price increases through 2027.
Can I share a real estate agent secret with you? Last month, I had a developer contact me privately – they’re deliberately making studio units SCARCE in new projects. Why? Because Chinese investors are buying them faster than they can build them. We’re talking 95% absorption rates in under 3 months. But here’s the kicker: most buyers don’t even know studios exist because developers save them for their VIP lists.
Affordable Condo Segment: Your $60,000-$100,000 Options
Kingston Royale represents the sweet spot for affordable luxury in Phnom Penh’s Chamkarmon district. Starting at just $49,000 for one-bedroom units, this 36-story development proves you don’t need to sacrifice quality for affordability.
| Unit Type | Size | Price | Monthly Rent |
|---|---|---|---|
| 1-Bedroom | 54m² | $49,000 | $450-500 |
| 2-Bedroom | 72m² | $65,000 | $600-650 |
The project features resort-style amenities including infinity pools, modern gyms, and smart home systems. Location near international schools and shopping centers makes it perfect for families or rental investment. Learn more about this opportunity at Kingston Royale.
Time Square 8: Emerging Area Opportunity
Time Square 8 in Toul Tom Pong offers the lowest entry point at $43,200 for studio apartments. This 50-story tower is the first high-end development in its district, giving early buyers first-mover advantage.
The project shows strong pre-sales with 78% units sold despite only 5% construction progress. This indicates market confidence in the location and developer track record. Monthly rental potential ranges from $350-450 for studios, generating 8-10% annual yields. Check out investment returns at Time Square 8.
Vue Aston: Guaranteed Returns
Vue Aston on Norea Island starts at $72,000 for basic units but includes a 35% guaranteed return over 5 years. The 38-story development by HKS Architects (top 10 US firm) combines affordability with professional design.
For those seeking guaranteed income, browse studio units at Vue Aston and 2-bedroom options.
Luxury Condo Segment: Your $330,000+ Premium Options
J Tower 3: Record-Breaking Heights
J Tower 3 stands as Cambodia’s tallest residential building at 77 floors (310.5 meters). Starting at $330,000 for three-bedroom units, this development targets affluent buyers seeking prestige and panoramic views.
| Feature | Specification | Investment Appeal |
|---|---|---|
| Unit Size | 166-178m² | Family-focused design |
| Rental Income | $2,500-3,000/month | 6-8% annual yield |
| Sky Bar | 77th floor | Unique selling feature |
Japanese construction standards and exclusive three-bedroom-only format appeal to business executives and wealthy families. View available units at J Tower 3 signature units and corner units.
La Vista One: Riverside Luxury
La Vista One twin towers sit at the confluence of three rivers, offering 360-degree water views from an elevated island location. Prices range from $160,000 for studios to $1 million for villa units.
Art Deco design themes emphasize “VIEW” and “VICTORY” concepts while Greentown Service provides professional management. This riverside positioning creates scarcity value since waterfront land is limited. Explore 1-bedroom and 2-bedroom options.
UC88 Wyndham Garden: Hotel-Managed Luxury
UC88 Wyndham Garden combines luxury residential living with professional hotel management in prime BKK1 location. Studio units start at $75,000 while premium residences reach $2.6 million.
The development offers guaranteed 6% annual returns for 10 years through Wyndham Garden’s hotel operation. This eliminates rental management headaches while ensuring consistent income. Mixed-use design includes Google-inspired office spaces and premium retail.
| Investment Benefits | Details |
|---|---|
| Guaranteed Returns | 6% annually for 10 years |
| Professional Management | Wyndham Garden operation |
| Prime Location | BKK1 – 1.5km from AEON Mall |
Location Analysis: Where Your Money Goes Furthest
BKK1: The Premium District
BKK1 remains Phnom Penh’s most expensive area with prices ranging $2,400-$3,630 per square meter. This central business district offers established infrastructure, international restaurants, and expatriate communities.
Affordable options in BKK1:
- UC88 Wyndham Garden studios: $75,000-$100,000
- Le Conde basic units: $94,538+
Luxury options in BKK1:
- Picasso Sky Gemme: $275,880-$540,870+
- UC88 penthouses: Up to $2.6 million
Chroy Changvar: Emerging Riverside
Chroy Changvar district offers riverside luxury at moderate prices compared to central areas. Major infrastructure projects are improving connectivity to downtown.
Key developments:
- La Vista One: $160,000-$1,000,000
- Wealth Mansion: $109,201-$350,202+
Emerging Areas: Maximum Value
Districts like Toul Tom Pong and Chbar Ampov provide entry-level pricing with strong growth potential as infrastructure develops.
Best opportunities:
- Time Square 8 (Toul Tom Pong): $43,200-$95,000
- Vue Aston (Chbar Ampov): $72,000-$87,600
- Kingston Royale (Chamkarmon): $49,000-$93,000
Here’s something wild I witnessed last week: Standing on the 45th floor of Time Square 8 (still under construction), I could see 27 other high-rise cranes in the distance. TWENTY-SEVEN. The construction worker next to me, who’s been building in Phnom Penh for 15 years, just shook his head and said, “I never thought I’d see my city look like Singapore.” Neither did I.
Market Trends and Future Outlook
Price Growth Projections 2025-2027
| Year | GDP Growth | Price Growth | Avg Price/m² |
|---|---|---|---|
| 2025 | 6.1% | 5.0% | $2,650 |
| 2026 | 6.5% | 6.5% | $2,822 |
| 2027 | 6.0% | 7.0% | $3,019 |
Infrastructure Catalysts
Major infrastructure projects are creating value across the affordable condo or luxury condo in Phnom Penh market:
- Techo International Airport: Opened 2025, connecting to 50+ destinations
- Cambodia-Korea Friendship Bridge: Improving Chroy Changvar accessibility
- Expressway network: Reducing travel times between districts
- New water treatment facilities: Supporting population growth
Tourism Recovery Impact
Tourist arrivals are projected to reach 7.1 million in 2025, up from 6.2 million in 2024. This growth drives short-term rental demand, particularly benefiting affordable units in central locations that appeal to budget-conscious travelers.
Okay, this is going to sound unbelievable: My American client bought a 2-bedroom condo for $125,000, rents it for $900/month, and his monthly mortgage payment back in Phoenix is $2,400 for a similar-sized place. He told me, “I’m literally getting paid to own real estate in Asia while my friends are drowning in debt in America.” The math broke my brain.
Investment Strategy: Affordable vs Luxury Comparison
Affordable Segment Strategy ($60,000-$100,000)
Advantages:
- Higher rental yields (7-8% typical)
- Lower entry barrier for first-time investors
- Strong local demand from young professionals
- Better capital appreciation potential in emerging areas
Target properties:
- Time Square 8 one-bedroom units
- Kingston Royale studios and one-bedrooms
- Vue Aston basic units with guaranteed returns
Best for: First-time investors, yield-focused strategies, portfolio diversification
Luxury Segment Strategy ($330,000+)
Advantages:
- Premium locations with established value
- Professional management services
- Appeal to high-income expatriate tenants
- Prestige and lifestyle benefits
Target properties:
- J Tower 3 three-bedroom premium units
- La Vista One riverside luxury units
- UC88 Wyndham Garden managed units
Best for: Experienced investors, lifestyle buyers, capital preservation strategies
Portfolio Approach: Mix Both Segments
Smart investors often combine both affordable condo or luxury condo in Phnom Penh options:
Example portfolio:
- 2 affordable units ($120,000 total): 8% yield = $9,600 annual income
- 1 luxury unit ($400,000): 6% yield = $24,000 annual income
- Total yield: 6.7% on $520,000 investment
This approach balances yield optimization with capital appreciation potential while spreading risk across price segments and locations.
I’m about to make a bold prediction that might sound crazy: By 2030, a studio apartment in central Phnom Penh will cost more than a 2-bedroom condo in some U.S. cities. Why? The new Techo Airport just opened. Google and Microsoft are expanding here. And 7.7 million tourists are projected for 2027. When global money discovers what local buyers already know, prices won’t stay friendly much longer.
Cambodia Context: Why This Market Exists
Economic Fundamentals
Cambodia’s economy has grown 6-7% annually for the past decade, creating a growing middle class with housing needs. GDP per capita increased from $1,200 in 2010 to over $1,800 in 2024, supporting domestic demand for quality housing.
The country’s young population (median age 25) drives demand for modern apartments versus traditional shophouses. Urban migration continues as agricultural workers move to cities for better opportunities.
Recent trade agreements with China, ASEAN, and EU countries have boosted economic confidence. The China-Cambodia Free Trade Agreement alone is expected to increase bilateral trade 50% by 2027.
Regional Comparison: Why Cambodia Stands Out
| Country | Foreign Ownership | Entry Price | Rental Yield |
|---|---|---|---|
| Cambodia | 70% per building | $43,200 | 5-12% |
| Thailand | 49% per building | $150,000+ | 3-6% |
| Malaysia | Limited areas | $100,000+ | 4-7% |
| Singapore | Restricted | $800,000+ | 2-4% |
Cambodia offers the most liberal foreign ownership rules combined with the lowest entry prices and highest rental yields in the region.
Due Diligence: What Every Buyer Must Know
Legal Requirements
Foreign buyers must ensure buildings have proper strata titles allowing condo ownership above ground floor. Developer track records matter – choose established companies with completed projects.
Always verify foreign ownership percentage hasn’t exceeded 70% limit. Use reputable lawyers familiar with property law. Budget 2-3% total purchase price for legal fees, taxes, and registration costs.
Financing Options
Most purchases require cash payment since international mortgages are limited. Some developers offer payment plans over 12-24 months during construction.
Payment schedule example:
- 20% deposit upon signing
- 40% during construction milestones
- 40% upon completion and handover
Property Management
Professional management is crucial for rental success. Many luxury developments include management services, while affordable properties may require independent property managers.
Typical management fees range 8-12% of rental income. Services include tenant sourcing, rent collection, maintenance coordination, and property marketing.
Real talk: I sold a penthouse to a British couple last month, and they invited me for drinks on their private terrace. Sitting 180 meters above Phnom Penh, watching the Mekong River reflect the city lights, the wife turned to me and said, “We lived in a basement flat in London for 8 years to afford this view. Now we feel like royalty every single day.” Sometimes location isn’t just about investment – it’s about transformation.
Taking Action: Your Next Steps
The affordable condo or luxury condo in Phnom Penh market offers genuine opportunities for both budget-conscious and luxury buyers. Whether you’re seeking a $50,000 starter investment or a $500,000 lifestyle purchase, Cambodia’s capital provides options that simply don’t exist in more expensive regional markets.
Current market conditions favor buyers with stabilized pricing, improving infrastructure, and economic growth supporting rental demand. Early movers in 2025 position themselves before anticipated price increases through 2027.
Don’t let analysis paralysis cost you these opportunities. The fundamentals are strong, prices remain reasonable, and the window for entry-level investments won’t stay open forever.
Ready to explore your options? Our team can arrange virtual or in-person property tours, provide detailed investment analysis, and guide you through the purchase process. Contact us today to start your Phnom Penh property journey.
Visit our complete property portfolio to browse available units and schedule consultations with our local experts who understand both market trends and your investment goals.
Additional Resources:
Here are trusted sources for current market data and investment guidance:
- Global Property Guide Cambodia – Historical price data and forecasts
- DaBest Properties Market Reports – Local developer insights and buyer demographics
- Time Square 8 Investment Video – Property walkthrough and investment analysis
These resources provide ongoing market intelligence to support your investment decisions in Cambodia’s growing real estate sector.
