Cambodia's No. 1 Real Estate Marketplace Since 2009
Realestate.com.kh is Cambodia’s first online real estate marketplace and remains the leading source of realestate information in the Country
Founded in 2009 by Cambodian National Moek Chenda, Realestate.com.kh was Cambodia’s first online real estate marketplace.
DCG acquired Realestate.com.kh in May 2015, and the site was already well established as the leading real estate website in Cambodia with over 4,000 properties for sale and rent, and over 600 businesses regularly uploading properties.
Since DCG's investment, visits to Realestate.com.kh and its related app have grown by over 1,000%. Similarly, the number of listings on the site have increased dramatically, from approximately 4,000 to over 40,000+ currently. DCG estimates that over 95% of Cambodia’s leading real estate agents upload properties to the portal weekly.
Cambodia has 17 million people, with a total GDP of USD $27 billion and a strong average GDP growth of 7% (notwithstanding the 2020 - 2021 COVID-19 pandemic). The country is 25% urbanised, and this urbanisation is accelerating rapidly as people move from the provinces to central locations such as Phnom Penh, Siem Reap and Sihanoukville.
There are over 21 million active mobile connections in Cambodia (125% of the population), with 9 million active internet users (53% of the population) and 12 million active social media users (71% of the population). Active internet users are growing at 15% per annum, and active social media users are growing at 24% per annum. Cambodia has two 4G LTE mobile phone networks, and Cellcard is currently trialling a new 5G network.
DCG specifically targeted Cambodia due to its rapidly urbanising population, strong internet user base and the highest annual GDP growth within ASEAN.
Product Innovation Timeline
Online flash sale