1、.kh/researchCambodia Real Estate HighlightsH1 2025Knight Franks half-yearly review of market trends in the Cambodia real estate marketContentCambodia EconomicSnapshotPhnom Penh Office SectorPhnom Penh Retail SectorPhnom Penh Hotel SectorPhnom Penh Serviced Apartment SectorPhnom Penh Condominium Sect

2、or1357911Phnom Penh Landed Housing Sector13Phnom Penh Industrial Sector15Siem Reap Real Estate Overview1721Sihanoukville Real Estate OverviewRecent Economic PerformanceEconomic activity during H1 2025 remained relatively robust but uneven,primarily driven by growth in the garment,travel goods,and fo

3、otwear sectors,as well as expansion in non-garment manufacturing and services,particularly in the travel and tourism sector.Total goods exports,especially GTF goods to the U.S.and EU markets,remained strong but showed signs of moderation,growing by 11.6%year-on-year(y/y)in the first quarter of 2025.

4、Cambodias exports to the United States increased to over$4 billion between January and May 2025,representing a 27%rise compared to the same period last year.However,goods exports will be affected by changes in global trade policy,creating additional challenges.Following US President Donald Trumps an

5、nouncement in April,the US imposed a 49%tariff on Cambodia,which was renegotiated down to 36%in July.Negotiations are ongoing.In light of concerns over a potential economic downturn,the Cambodian Government is reassessing its strategies.Shortly after the April announcement,the Trump administration i

6、nitiated a 90-day tariff pause for all countries except China.This adjustment temporarily stabilised export demand and alleviated immediate economic concerns for Cambodian businesses.Cambodia Economic SnapshotDespite facing trade challenges,over the first five months of 2025,the Council for the Deve