Cambodia’s real estate market is showing signs of gradual recovery in early 2026, with demand shifting away from speculative trading and moving toward real buyers, landed homes and infrastructure-linked locations.

Landed Homes Lead the Recovery

The borey, or landed property segment, remains the most active part of the market. Demand is supported by Cambodia’s growing middle class, better financing options and stronger buyer confidence.

At the same time, condominiums are recovering more slowly due to oversupply in selected districts. However, rental demand from expats and professionals continues to support the segment.

Growth Corridors Gain Investor Attention

Infrastructure is becoming a major driver of property value. Areas linked to Ring Road 3, the New Airport Corridor, Chroy Changvar, Sen Sok and Kamboul are attracting more attention from buyers looking for long-term growth.

Land in growth corridors has also seen strong appreciation, rising from around US$10 to US$20 per sqm in 2016 to US$100 to US$200 per sqm in 2026.

Buyers Are Becoming More Careful

Cambodian buyers and investors are becoming more data-driven. Instead of chasing short-term gains, they are now focusing on hard titles, infrastructure access, rental yield and long-term fundamentals. This marks a healthier shift for the market.

Outlook

Cambodia’s property market is expected to strengthen over the next 6 to 12 months, led mainly by landed homes and land in growth corridors. Condos may take longer to recover due to existing stock, but urban expansion toward the south and west will continue to shape new investment opportunities.

For long-term investors, 2026 looks like a strategic buying window, especially for land and infrastructure-led locations.