Buy or Rent Buildings in Cambodia

Buy or Rent Buildings in Cambodia

In Cambodia, commercial real estate can be separated into office, retail, and industrial properties. Each segment is divided into the various forms of property associated with the sector.

Commercial Real Estate Types in Cambodia

Here we will cover some of the types of buildings we find for rent or sale on the Cambodian market. New opportunities are arising in this environment all the time.

If you are looking to enter the commercial market, now is the time. We doubt we will see opportunities this plentiful and at this price when global travel restrictions abate and the rebound begins.

Office Buildings in the Cities

Building categories have changed in Cambodia, especially in Phnom Penh in recent years. The older Grade C listed buildings have been either demolished or upgraded to more modern Grade B and now Grade A office buildings.

Grade A buildings in Cambodia are now as modern and luxurious as anywhere else in Asia. Grade A buildings are finished to the highest international specifications, complete with state-of-art facilities for customers and workers; the market is now wholly diverse.

Inside the Grade B and Grade A listed buildings, you can find designer shops, franchised coffee shops and retailers aplenty.

Here at Lux, we like to assess your business plan and advise accordingly, as we can access a full range of options to help towards your commercial success.

Commercial Retail Real Estate in Cambodia

The retail sector is evolving at an astonishing rate in Cambodia, especially in the bigger cities and towns.

Years ago, all areas were limited to outdoor markets have now been replaced with Global Brand shopping Malls such as Aeon. Aeon has already committed to three malls in Phnom Penh alone.

Other entries to the growing shopping malls are:

• Chip Mong 271 Mega Mall
• City Mall
• Olympia Mall
• Eden Garden Mall
• TK Avenue

Plus, several more are now in the market also.

There is a growing market for everything from community malls to high-end retail malls and boutique modern style malls with global brand names attracting the new tech-savvy, modern generation of Khmers.

So for a new investor, there are options in the major cities such as Phnom Penh, Sihanoukville, and somewhat in Siem Reap.

These markets have lower, middle and higher tier per square meter properties in a market that offers all kinds of different levels of facilities and amenities.

Industrial, Factories and Warehouses for Sale or Rent in Cambodia

Cambodia has built a stronger and growing reputation in various manufacturing sectors over the past decade or so.

With more manufacturers understanding Cambodia is more straightforward than its neighbours in establishing business operations, the demand for industrial real estate has intensified.

Traditionally industrial warehouses and factories are confined to the outskirts and beyond in the major cities like Phnom Penh, with Sihanoukville having its own Special Economic Zone (SEZ).

We have seen a significant increase in demand for warehouse and factory real estate in Phnom Penh, especially near Sihanoukville Autonomous Port, Cambodia’s most important logistics port.

Whether you are looking to buy or rent industrial real estate, our team at Lux will have advice and options for you to consider. Plus, part of the process may also include choosing suitable office space in Phnom Penh or elsewhere to run your business operations from on a day to day basis.

Hotels for Sale or Rent in Cambodia

With tourism having been affected by travel restrictions due to the pandemic, we now see many hotels and guest houses coming on the market for rent or sale at prices we would never have seen during the boom years at the end of the 2010s.

Cambodia will rebound well when travel restrictions are relaxed. Therefore, from an investment standpoint, if an individual or corporation can afford downtime and be market-ready for the expected influx, this is a perfect time to buy a hotel in Cambodia.

At Lux, we have options that range from complete renovations to turn-key solutions with existing clientele.

Most hotels for sale in Cambodia are based around Phnom Penh, Siem Reap and Sihanoukville. Our team is well-versed in these areas and dealing with hotel sales, so don’t hesitate to contact us for viewings, local knowledge and advice.