The Pros and Cons of Buying Pre-Sale Condominium Projects
As Cambodia’s real estate sector continues to grow, pre-sale condominium projects have become a popular option for investors and homebuyers alike. Pre-sale, or off-plan, refers to buying a condo unit before the building is completed, often during the planning or construction stage.
While there are compelling reasons to consider pre-sale purchases, there are also important risks to weigh. Here’s a breakdown of the key advantages and disadvantages of buying pre-sale projects in Cambodia.
✅ Advantages of Buying Pre-Sale Projects
1. Lower Prices and Flexible Payment Plans
Pre-sale condos are typically 10% to 30% cheaper than completed units. Developers offer discounted prices to attract early buyers and secure financing for construction.
Many also provide installment plans, making it easier for buyers to spread out payments over the construction period (1–4 years).
2. Capital Appreciation Potential
Buying early allows you to benefit from the increased value of the property by the time it is completed. In fast-growing areas like BKK1, Chroy Changvar, Toul Kork, and Koh Pich, values often rise significantly during construction.
3. More Unit Options
Early buyers can choose the best units—corner rooms, higher floors, better views, or layouts that sell out quickly in completed projects.
4. Customization Opportunities
Some developers allow buyers to request minor layout or finishing adjustments during construction, something that isn’t possible with completed properties.
❌ Disadvantages of Buying Pre-Sale Projects
1. Construction Delays or Postponed
One of the biggest risks is project delay or failure. If the developer lacks funding or mismanages the project, construction may be delayed or never completed—putting your investment at risk.
2. Uncertain Quality
Because you’re buying based on renderings and brochures, it’s hard to judge the actual quality of construction. What you get at handover may not match expectations, especially if the developer cuts corners.
3. Legal and Title Issues
Not all pre-sale projects have clear titles or legal permissions. If the land isn’t legally owned or if the Strata Title is not registered, foreign buyers could face problems at transfer.
4. Market Risk
If the market softens or oversupply increases by the time your unit is completed, the resale value or rental demand may fall—especially in areas with many new developments.
📝 Tips for Buying Pre-Sale Safely in Cambodia
Research the Developer: Look at their track record and completed projects.
Check Land Titles and Permits: Ask to see land ownership and construction approval.
Get Legal Advice: Work with a local real estate agent to review contracts.
Inspect the Sales Agreement: Ensure refund clauses and delivery timelines are clear.
Use a Reputable Agent: A trustworthy agent can help verify documentation and manage negotiations.
> Conclusion
Buying a pre-sale condo project in Cambodia can be a smart investment with strong upside—especially in growing areas with reputable developers. However, it also comes with real risks that should not be ignored. Due diligence, legal protection, and local market knowledge are key to making the right move.
Thinking about buying a pre-sale unit? Contact ERA Cambodia now for a list of vetted, high-potential projects across Phnom Penh and beyond.