Siem Reap City Guide

Gateway to the Angkor Wat temple complex, Siem Reap is Cambodia's premier tourism city and a low-rise property market shaped by heritage-protection rules that cap most buildings at six storeys to preserve the spiritual skyline. That height restriction limits vertical supply and channels investment toward boutique hotels, serviced villas and short-stay accommodation around the Old Market (Pub Street) core, the Wat Bo and Sala Kamreuk riverside areas, and the airport road toward the new Siem Reap-Angkor International Airport. Residential land in 2024 traded at roughly USD 100-150 per square metre, and the market is running hot in 2025: residential prices are rising an estimated 8-10% year-on-year, with condos up around 8% and luxury villas climbing 15-20%, while short-let occupancy reached an impressive 85%. Realistic gross rental yields sit in the 6-8% range. The new international airport, which moved flights away from the temples, is the central catalyst, and analysts project continued 8-10% annual growth in the near term, making Siem Reap a tourism-led growth story for investors comfortable with a small, seasonal market.