{"id":3041,"date":"2024-12-08T23:41:55","date_gmt":"2024-12-08T16:41:55","guid":{"rendered":"https:\/\/www.odomphnompenh.com\/?p=3041"},"modified":"2024-12-09T00:50:45","modified_gmt":"2024-12-08T17:50:45","slug":"phnom-penh-real-estate-a-promising-market","status":"publish","type":"post","link":"https:\/\/www.odomphnompenh.com\/ja\/news\/phnom-penh-real-estate-a-promising-market\/","title":{"rendered":"Phnom Penh Real Estate in 2024: A Promising Market"},"content":{"rendered":"<p>The <a href=\"https:\/\/b2b-cambodia.com\/news\/cbre-cambodia-real-estate-mid-year-review-2024\/\">CBRE Cambodia Mid-Year Review 2024<\/a> paints a positive picture of Phnom Penh\u2019s evolving real estate market, showcasing growth across office, retail, residential, and industrial sectors. Key findings reveal steady progress despite challenges, underscoring why the capital remains a compelling destination for real estate investment.<\/p>\n<p><strong>Key Market Insights<\/strong><\/p>\n<ul>\n<li><strong>Office Sector<\/strong>: Occupancy increased to <strong>61.8% in H1 2024<\/strong>, and rental rates are <strong>USD 25-30\/sqm<\/strong>, significantly more affordable than those in neighboring countries in the region.<\/li>\n<li><strong>Retail Sector<\/strong>: Occupancy is <strong>58.7%<\/strong>, and rents average <strong>USD 25\/sqm<\/strong>, presenting a cost advantage over neighboring markets.<\/li>\n<li><strong>Residential Sector<\/strong>: Phnom Penh offers the most affordable condominium prices in Asia at <strong>USD 2,500\/sqm<\/strong>, with attractive rental yields of <strong>5.3%<\/strong>.<\/li>\n<li><strong>Sustainability<\/strong>: Cambodia has only 28 <strong>LEED-certified projects<\/strong>, compared to hundreds in Vietnam and Thailand.<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3042\" src=\"https:\/\/www.odomphnompenh.com\/wp-content\/uploads\/2024\/12\/2411_ODM_NewRender_Web_1920x1080px.jpg\" alt=\"\" width=\"1920\" height=\"1080\" srcset=\"https:\/\/www.odomphnompenh.com\/wp-content\/uploads\/2024\/12\/2411_ODM_NewRender_Web_1920x1080px.jpg 1920w, https:\/\/www.odomphnompenh.com\/wp-content\/uploads\/2024\/12\/2411_ODM_NewRender_Web_1920x1080px-300x169.jpg 300w, https:\/\/www.odomphnompenh.com\/wp-content\/uploads\/2024\/12\/2411_ODM_NewRender_Web_1920x1080px-1024x576.jpg 1024w, https:\/\/www.odomphnompenh.com\/wp-content\/uploads\/2024\/12\/2411_ODM_NewRender_Web_1920x1080px-768x432.jpg 768w, https:\/\/www.odomphnompenh.com\/wp-content\/uploads\/2024\/12\/2411_ODM_NewRender_Web_1920x1080px-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/>ODOM is uniquely positioned to leverage these market dynamics as a premier mixed-use development. Its Singapore standard Grade A office spaces provide businesses with affordable, high-quality infrastructure in the center of the city.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2731\" src=\"https:\/\/www.odomphnompenh.com\/wp-content\/uploads\/2024\/09\/2408_ODOM_View11_hotel_Final-scaled.jpg\" alt=\"\" width=\"2560\" height=\"1423\" srcset=\"https:\/\/www.odomphnompenh.com\/wp-content\/uploads\/2024\/09\/2408_ODOM_View11_hotel_Final-scaled.jpg 2560w, https:\/\/www.odomphnompenh.com\/wp-content\/uploads\/2024\/09\/2408_ODOM_View11_hotel_Final-300x167.jpg 300w, https:\/\/www.odomphnompenh.com\/wp-content\/uploads\/2024\/09\/2408_ODOM_View11_hotel_Final-1024x569.jpg 1024w, https:\/\/www.odomphnompenh.com\/wp-content\/uploads\/2024\/09\/2408_ODOM_View11_hotel_Final-768x427.jpg 768w, https:\/\/www.odomphnompenh.com\/wp-content\/uploads\/2024\/09\/2408_ODOM_View11_hotel_Final-1536x854.jpg 1536w, https:\/\/www.odomphnompenh.com\/wp-content\/uploads\/2024\/09\/2408_ODOM_View11_hotel_Final-2048x1139.jpg 2048w\" sizes=\"auto, (max-width: 2560px) 100vw, 2560px\" \/>Retail spaces cater to growing demand from local and international brands, and its modern residential offerings align with the increasing appeal of urban living in Phnom Penh.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3044\" src=\"https:\/\/www.odomphnompenh.com\/wp-content\/uploads\/2024\/12\/PNP_SC19_Courtyard_5K-scaled.jpg\" alt=\"\" width=\"2560\" height=\"1440\" \/>Most notably, ODOM is pursuing LEED certification, setting a benchmark for sustainable development in Cambodia. This eco-conscious approach positions ODOM as a forward-thinking investment for tenants and buyers prioritizing sustainability.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3046\" src=\"https:\/\/www.odomphnompenh.com\/wp-content\/uploads\/2024\/12\/2409_ODOM_View7_Greenery-scaled.jpg\" alt=\"\" width=\"2560\" height=\"1706\" srcset=\"https:\/\/www.odomphnompenh.com\/wp-content\/uploads\/2024\/12\/2409_ODOM_View7_Greenery-scaled.jpg 2560w, https:\/\/www.odomphnompenh.com\/wp-content\/uploads\/2024\/12\/2409_ODOM_View7_Greenery-300x200.jpg 300w, https:\/\/www.odomphnompenh.com\/wp-content\/uploads\/2024\/12\/2409_ODOM_View7_Greenery-1024x683.jpg 1024w, https:\/\/www.odomphnompenh.com\/wp-content\/uploads\/2024\/12\/2409_ODOM_View7_Greenery-768x512.jpg 768w, https:\/\/www.odomphnompenh.com\/wp-content\/uploads\/2024\/12\/2409_ODOM_View7_Greenery-1536x1024.jpg 1536w, https:\/\/www.odomphnompenh.com\/wp-content\/uploads\/2024\/12\/2409_ODOM_View7_Greenery-2048x1365.jpg 2048w, https:\/\/www.odomphnompenh.com\/wp-content\/uploads\/2024\/12\/2409_ODOM_View7_Greenery-600x400.jpg 600w\" sizes=\"auto, (max-width: 2560px) 100vw, 2560px\" \/>With Phnom Penh\u2019s real estate sector on a path to recovery, ODOM\u2019s strategic location, competitive offerings, and sustainability focus make it a standout opportunity in an emerging market full of potential.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The CBRE Cambodia Mid-Year Review 2024 paints a positive picture of Phnom Penh\u2019s evolving real estate market, showcasing growth across office, retail, residential, and industrial sectors.<\/p>\n","protected":false},"author":8,"featured_media":3050,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[12],"tags":[],"class_list":["post-3041","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.odomphnompenh.com\/ja\/wp-json\/wp\/v2\/posts\/3041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.odomphnompenh.com\/ja\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.odomphnompenh.com\/ja\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.odomphnompenh.com\/ja\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.odomphnompenh.com\/ja\/wp-json\/wp\/v2\/comments?post=3041"}],"version-history":[{"count":3,"href":"https:\/\/www.odomphnompenh.com\/ja\/wp-json\/wp\/v2\/posts\/3041\/revisions"}],"predecessor-version":[{"id":3080,"href":"https:\/\/www.odomphnompenh.com\/ja\/wp-json\/wp\/v2\/posts\/3041\/revisions\/3080"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.odomphnompenh.com\/ja\/wp-json\/wp\/v2\/media\/3050"}],"wp:attachment":[{"href":"https:\/\/www.odomphnompenh.com\/ja\/wp-json\/wp\/v2\/media?parent=3041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.odomphnompenh.com\/ja\/wp-json\/wp\/v2\/categories?post=3041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.odomphnompenh.com\/ja\/wp-json\/wp\/v2\/tags?post=3041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}