Cambodia Investment Review
Phnom Penh, Cambodia – Knight Frank has launched The Residence Report, a new global annual flagship publication dedicated to luxury residential development, coinciding with Cambodia experiencing a growing wave of branded residences. At the core of the report is the Branded Residence Survey 2025, which highlights how this global sector continues to expand rapidly, with the number of branded schemes forecast to exceed 1,000 by 2030.
The survey, which reviewed more than 1,000 live and pipeline schemes across 83 countries and nearly 80 luxury brands, confirms a sector in strong growth mode. While international hotel operators such as Four Seasons and Ritz-Carlton continue to dominate with over 80% of the market, new lifestyle entrants—from fashion to automotive brands—are gaining recognition. Growth is particularly notable in the Middle East, which is emerging as a key market alongside Asia-Pacific, where Thailand and India show strong pipelines.
Cambodia’s Branded Residence Market Gathers Pace
Phnom Penh is now part of this global shift, with branded residence projects beginning to shape the city’s luxury property market. Two Picasso-branded developments have placed Cambodia on the branded residence map: Picasso City Garden, completed in 2022, and the upcoming Picasso Sky Gemme, scheduled for 2028. Both are developed by Titan Stone Real Estate with exclusive authorization from the Picasso family, integrating the artist’s aesthetic into their architecture and design.
In addition, high-profile international launches such as the Ritz-Carlton Residence Phnom Penh and the Radisson Hotel & Residences Phnom Penh are expected to introduce a new benchmark for luxury living in the Kingdom. These developments highlight how Cambodia is increasingly seen as an emerging destination for global hospitality and lifestyle brands.
Ross Wheble, Country Head of Knight Frank Cambodia, explained: “We are seeing a clear rise in demand for branded residences in Cambodia. These developments not only offer prestige and high-quality design but also the added assurance of internationally recognized services such as concierge, fitness and wellness facilities, and top-tier security. For investors, the appeal lies equally in the lifestyle offering and the premium values that these properties command in both resale and rental markets.”
Investment Potential in a Growing Sector
The Residence Report reveals that globally, branded residences have grown from 169 schemes in 2011 to 611 today, with unit numbers rising from just over 27,000 to more than 162,000 projected by 2030. Demand has accelerated since 2023, reflecting both buyer appetite for luxury living and developer interest in premium positioning.
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For Cambodia, the entry of globally recognized hotel and lifestyle names represents a new stage of market development. Branded residences provide an important differentiator in a competitive market by combining international standards with local real estate opportunities. They also appeal to Cambodia’s growing base of affluent domestic buyers, while giving international investors confidence through brand reputation, professional management, and long-term value retention.
With momentum set to continue, Phnom Penh’s rising stock of branded residences signals how the Cambodian capital is aligning with global luxury trends, reinforcing its position as a maturing market within Southeast Asia.
