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New buildings in Phnom Penh

Promising real estate in Phnom Penh - the capital of Cambodia
Phnom Penh is the largest city in the country with a population of over 3 million people. Phnom Penh has everything you would expect from a metropolis: shopping malls, cafes, commercial districts, government buildings, embassies, hotels and entertainment centers. It also provides investors with business opportunities around the world.
Phnom Penh is the capital of Cambodia and, of course, it has become the political, economic, industrial, cultural, educational and tourist center of the country.

Phnom Penh is located at the confluence of the Mekong, Bassak and Tonle Sap rivers. The soil is fertile and suitable for agriculture. Until the 1960s, it was called the "Pearl of Asia".

In recent years, real estate in Phnom Penh has been the fastest and most profitable industry in the country, with a return on investment of up to 29%.
The condominium market saw the most significant growth in the last two years, with 45,000 condominium units ready for delivery by 2022.

In addition, the government is actively developing and improving infrastructure. The first phase of the Phnom Penh International Airport project will be completed in 2023.
At the same time, the construction of a highway from the airport to the city center, connecting the third and fourth ring traffic in Phnom Penh, can satisfy the large number of tourists attracted by international events, as well as help tourists and business people to travel from the airport to the city and back.

New Phnom Penh International Airport

Located in Kandal Province, just 30 kilometers from the capital, the new $1.5 billion Phnom Penh International Airport is expected to complete its first phase in 2023. The new airport will be one of the largest airports in the world with an area of 2,600 hectares.

Once the new airport becomes operational, Phnom Penh will welcome more tourists and investors around the world with more direct flights to the capital.

After completion of the first phase, the new Phnom Penh International Airport will receive 13 million tourists a year, which will almost triple the capacity of the old Phnom Penh International Airport. This will greatly boost the tourism industry and also create more jobs for the locals.

 Seizing the opportunity presented by this mega-project, the real estate industry sees significant cash injections from foreign investors in the development of surrounding areas and the city center in preparation for future commercial activity.