3 Main Pricing Tiers of Condominiums in Phnom Penh, Cambodia
With the Continuous uprising of the condo/apartment buildings in the Capital City of Cambodia, Phnom Penh, There’s mixed of numerous standard and high-end projects which are typically categorized into three main pricing tiers:
Affordable Condominiums
- Price Range: Generally between $1,500/SQM - $1,800/SQM
- Target Audience: Primarily local buyers and young professionals seeking affordable housing options and some foreign investors.
- Features: Smaller unit sizes, and good amenities, are often located in developing areas. However, there are some affordable projects are also located in the potential area as well.
[Sample Quotation]
- Project: Time Square 8
- Location: Toul TomPoung
- Type: 1-Bedroom
- Size: 40 SQM
- Sale Price: $ 45,000
- Include: Basic Furnishing (Bedroom, Bath, Kitchen, Air-con,…)
👉 Property Details:https://www.eracambodia.com/time-square-8-toul-tompoung
2. Mid-Range Condominiums
- Price Range: Generally between $2,000/SQM - $2,300/SQM
- Target Audience: A mix of local and foreign buyers, including expats and investors.
- Features: Decent unit sizes, Great amenities (swimming pools, gyms, etc.), and often located in established areas with good infrastructure.
[Sample Quotation]
- Project: City View
- Location: Beoung Kok
- Type: 1-Bedroom
- Size: 41 SQM
- Sale Price: $ 88,000
- Include: Fully Furnished
👉 Property Details:https://www.eracambodia.com/projects/cityview
3. High-End Condominiums
- Price Range: Generally between $2,700/SQM - $3,000/SQM
- Target Audience: High-net-worth individuals and investors seeking premium living experiences.
- Features: High-end finishes, extensive amenities (rooftop pools, concierge services, etc.), and prime locations in central areas such as BKK1.
[Sample Quotation]
- Project: Le Conde BKK1
- Location: BKK1
- Type: 1-Bedroom
- Size: 50 SQM
- Sale Price: $ 150,000
- Include: Fully Furnished
👉 Property Details: https://www.eracambodia.com/projects/lecondebkk1
It's important to note that these are general guidelines, and actual prices can vary significantly depending on specific factors.
In addition, some affordable condos also come with high-end amenities and potential returns for both living and investing.
Consulting with a specialized real estate agent (ERA Cambodia) to make sure you find the best property with your budget.