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The average price per square meter for a Penthouse For Sale in Siem Reap is $417, which is 79% below the average price per square meter in Cambodia that is $1,980.
Siem Reap, which boasts Angkor Wat and its 2 million yearly visitors (half of all Cambodian tourists), is a very tourist-friendly city - an estimate in 2010 provided that more than half of city employment was in tourism. With a population of 140,000 inhabitants growing at 1.5%, it's the 5th largest city in Cambodia. In addition to tourism-related business, non-profits and NGOs, as well as their expat members, play a role in shaping not just employment but even the region's development.
Psar Chas is a popular location thanks to a plethora of shops, restaurants and bars/nightclubs, to the satisfaction of not just tourists but Cambodians from Siem Reap and neighbouring regions and allowing for a GDP growth rate of nearly 7%. A fine selection of property and rentals ranging from 5-star hotels to guesthouses is available, and gross rental yields hover around 7% or a bit lower outside the city centre.
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