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Chamkarmon real estate, Phnom Penh

The large district around BKK1 — a balance of price and rental demand
New development in the Chamkarmon district, Phnom Penh

Chamkarmon is the administrative district that includes BKK1 itself and the more affordable neighbourhoods around it. A significant share of new residential construction is concentrated here: the location is already "near the centre" while prices are still reasonable. For an investor with a budget of $20–100k it's one of the best entry points into the Phnom Penh market — with direct ownership and real rental income.

Why Chamkarmon appeals to investors

Prices and rent in Chamkarmon

Benchmarks as of mid-2026:

MetricBenchmark
One-bedroom in a new buildfrom ~$40,000
One-bedroom rentfrom $350 a month
Two-bedroom rent$600–900 a month
Yield on entry pricearound 6–10% per year (benchmark, not a guarantee)
Foreign ownershipdirect (strata title)
Who it suitsa first overseas asset, budget $20–100k

Yield is a market benchmark, not a guarantee: net yield is lower than gross, with upkeep costs deducted from rent. We confirm the exact unit price with the developer at the time of the deal.

NovAsia project in Chamkarmon

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Who Chamkarmon suits

Who should look at other districts

Kingston Royale is a new build: images in the catalogues are developer renders, completion Q4 2027. Prices are current as of mid-2026 and change as readiness increases. This information is for general guidance only and is not investment advice.

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