Realestate.com.kh: Your Window To Cambodia's Property Market

Realestate.com.kh marked an important landmark in February this year when it celebrated its seventh anniversary of operations in the Kingdom. The popular online property portal reached this momentous juncture as a leader in its segment of the market: with over 45,000 listings and partnerships with all the major players in the industry, realestate.com.kh is the to-go website for property buyers and sellers in Cambodia. Everyday, thousands of local and international property seekers come to realestate.com.kh hoping to find their dream condo, apartment, villa or office, generating hundreds of sales enquiries for the clients of the website. This comes as no surprise: realestate.co.kh boasts one of the most comprehensive property listings—for sale and rent—in the Kingdom. Their website is simply packed full with hundreds of new developments, all of them completely open for freehold foreign ownership and investment. A first mover in the online classified space for real estate in Cambodia—a market that is worth billions worldwide but relatively undeveloped in Cambodia—the portal proudly works with over 90 percent of the leading real estate agencies in Cambodia, including Knight Frank, CBRE, IPS and Century 21. Realestate.com.kh also counts the country’s leading property developers among their partners, including the Creed Group, Eastland Development, Imperial Crown, TACC Corp, Oxley Worldbridge, YCT Land and the HLH Group. They are also the exclusive Cambodian partner and reseller of the PropertyGuru Group, Asia’s leading portal network. These names—the biggest in the industry—come to realestate.com.kh because they know the website attracts the most online attention from potential property buyers, inside and outside Cambodia. “Since advertising our listings with realestate.com.kh we have experienced an impressive increase in inbound inquiries for our properties. By using realestate.com.kh we have been able to attract a different demographic from our usual customer base and this has flowed through to an overall increase in sales,” says David Murphy, Managing Director of IPS Cambodia. The online marketing company is also leader when it comes to real estate news and buyer/seller advice. Visitors to the site can learn about Cambodia property law, foreign ownership, finance options and the benefits and potential pitfalls of the Cambodian economy and the real estate market. The portal’s reach goes well beyond the borders of the Kingdom. Kuy Vat, Chairman of Century 21 Cambodia, believes realestate.com.kh offers the key to international markets, enjoying an ideal position to attract new investors into Cambodia. “Realestate.com.kh works to advertise property inside Cambodia on behalf of agents and developers. But, they also have a very comprehensive marketing reach outside of Cambodia. Innovation like this will significantly help our country in promoting our real estate market to foreign investors,” Vat said during the launch of the Century21 Cambodia Condominium Market Report H1 2016 at Raffles Hotel Le Royal. To help their customers seize opportunities abroad, realestate.com.kh also hosts property shows across the region, where Cambodia-based developers have a chance to take their projects to key investor markets such as Singapore, Malaysia and mainland China. Realestate.com.kh recently launched two new products set to revolutionize the market and open new sales opportunities for developers. Their 360 Degree Interactive Tours allows potential buyers to view the property from anywhere using just a computer and an internet connection. The viewer can navigate every room of the property, fully immersing themselves in the property they are interested in without actually having to visit it. This innovative product—the first of its kind in Cambodia—is designed for new developments, boreys or high-end existing properties, and realestae.com.kh can build the tours within 72 hours (or even 24 hours if it needs be). Another pioneering product recently released by the online portal is the Video Walkthrough Tours. These videos—usually between 30 to 60 seconds in duration—give the viewer a cinema-like walkthrough tour of the property. Specifically designed to make property listings jump out and grab potential buyers or renters attention, this product makes old style listings look very antiquated. With these videos, viewers instantly get a true sense of the facilities and size of the property they are looking into. Realestate.com.kh can create these stunning tours anywhere in Phnom Penh within 48 hours, using the latest technology to quickly and cheapy produce dazzling videos. After seven years of operations in the Kingdom, realestate.com.kh continues to lead the way in real estate marketing. The online portal boasts partnerships with all the relevant players, and the most comprehensive real estate listings in the Kingdom; an impressive offer that they’ve just boosted with the launch of advanced virtual reality products.