Compass Real Estate > Cambodia Real Estate Information > One bedroom apartment are prefer by 90% Sihanoukvile tenant

One bedroom apartment are prefer by 90% Sihanoukvile tenant

2020-03-20
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Summary:During January-February 2020, the demand for one-bedroom housing accounts for nearly 90%, and small apartments are still the mainstream in the market.

With the spread of COVID-19, various fields of Cambodia have also been affected to varying degrees, but in order to back to work after the epidemic, a large number of people are still actively looking for suitable housing.

According to Compass date analysis based on the apartment rental demand released by users  shows that during January-February 2020, the demand for one-bedroom housing accounts for nearly 90%, and small apartments are still the mainstream in the market.

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                     Apartment rent demand floor type analysis

It is worth noting that from the perspective of the one-bedroom price and the tenant's intention price, the rental of several core areas in Phnom Penh have surpassed Sihanoukvile.

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                  Compass JAN-FEB date and users rental demand analysis

Before the gambling ban, the rental in Sihanoukvile was quiet high, and the rental was higher than other cities. One-bedroom apartments even expensive as $1000, let us leave alone expensive shops. After gambling ban, a large number of foreigners left Sihanoukvile. Further the security is unsafe, tourism, real estate and other fields have suffered a lot. And Sihanoukvile rental market has  entered an adjustment period. As the defoaming of the Sihanoukvile economy continues, the real estate market in Sihanoukvile will eventually be on track and rental will be more reasonable.

Compared with Sihanoukvile, Phnom Penh's economic development is relatively stable and more diversified, and the real estate market has also stabilized. Due to the COVID-19 influence, the Cambodian rental market has been affected to some extent. However, as the capital of Cambodia, demand for rental housing in Phnom Penh has been relatively strong,and rental keeps reasonable.

There are a plenty of one-bedroom apartment listings updated on Compass, Phnom Penh, Sihanoukvile and Siem Reap are available. If you want to get the latest listings and prices, you can browse in Compass website or download APP. Chinese, Khmer, English speakers all available, more easy to rent an apartment.

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Disclaimer: The re-forward articles on Compass website are for the purpose of conveying more information, and it does not mean that the Compass website agrees with its views or confirms the authenticity of its content. Article noted as "Source: Compass original", please note that the source from Compass. The content of the article is for reference only and should not consider as investment advice, and it does not mean that Compass agree with its views.

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