Summary
Phnom Penh’s condominium story is no longer only a foreign-investor script. In Realestate.com.kh’s 2026 condominium market analysis, Cambodian buyers account for just over one-fifth of condo purchases, up from 18.2% in the firm’s 2025 analysis. International purchasers still represent more than 75% of purchases in that same 2026 read — so this is a structural shift in share, not a complete market reversal.
The agency’s 2026 guide also notes that in Phnom Penh, where it cites an average of about US$1,800 per sqm (gross), one-bedroom units make up 61% of buyer preference (and are described as the most popular format for affordability and rental appeal to singles and couples). Developers have leaned into longer instalment periods and payment plans that reduce capital required at the start of a purchase — a response to local purchasing power as much as to overseas investors.
Do not invent rental yields from these share figures. Cite Realestate.com.kh when you quote the one-fifth / 75% split.
What this means for Phnom Penh
Local millennial and Gen Z demand tends to prize convenience, amenities, and independent living — which favors completed, well-managed stock over speculative off-plan flips. Keep the frame honest: domestic share is rising, but internationals still dominate the transaction mix in this source’s analysis.
What to do next
- When advising buyers, separate owner-occupier / local cash-flow questions from foreign investment theses.
- Quote the Realestate.com.kh 2026 share figures with the year attached; do not blend them with unrelated portal folklore.
- Developers and Pros: join the verified path at proprkey.com/en/onboarding