NovAsia

The Cambodia property market: how it works

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Developer inventory

Unsold developer inventory after handover

Why developer stock after completion affects resale pricing, rental competition, service charges and building management.

Apartment liquidity

How to assess apartment liquidity

How to estimate who could buy the unit later and how long a sale may take — before you commit.

Branded residences

Branded residences: what you pay the brand for

What a hotel or lifestyle brand genuinely adds, how the price premium is created and what happens if the operator changes or the brand licence ends.

Buyer concentration

When a project depends on one country

Why a strong sales channel from China, Korea, Japan, Russia or another market can become a concentration risk and how to assess the capital exposure.

Condo-hotels and rental pools

Condo-hotels, serviced apartments, rental pools

How hotel-style property differs from an ordinary apartment, how revenue and costs are allocated, and why occupancy does not equal the owner’s return.

Developer financing

How developers finance projects in Cambodia

Where construction money comes from — developer equity, banks, buyers, investors or land partners — and what happens if sales slow.

Infrastructure premium

Infrastructure premiums: airports, bridges, roads

How to distinguish a genuine accessibility and demand effect from a marketing arrow on a map, and whether future infrastructure is already priced in.

Sales velocity

Sales velocity: absorption rate and unsold stock

How to tell whether a development is genuinely selling well, what may be hidden behind “80% sold” and how much stock keeps competing with owners.

Investment & yield

Real rental yield in Phnom Penh

How to calculate gross and net rental yield in Phnom Penh using realistic rent, vacancy, management, repairs, taxes, furniture and the full cost of acquiring the apartment.

Investment & yield

Ready condo or off-plan in Cambodia

Choosing between a completed unit and off-plan: price, instalments, title, rental income, delay and exit risk.

Yield and guarantees

Guaranteed rent and buy-back: what to check

How GRR and buy-back work, how total return differs from net profit, and where the risks hide.

Investment & yield

Income from Cambodia property: three models without the gloss

Three income models for a Cambodia apartment — market rent, GRR with buyback, and price growth: where the income comes from, the main risk of each, and how to calculate ROI on a real example.