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
History
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.
Market
Cambodia has 17 million people, with a total GDP of USD $31 billion and a strong average GDP growth of 5.3% (2023). 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 22 million active mobile connections in Cambodia (131% of the population), with 11.3 million active internet users (67% of the population) and 11 million active social media users (65% of the population). Active internet users are growing at 6.7% per annum with the propagation of the 4G and 5G mobile networks.
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
2023
Acquisition of B2B Cambodia
2022
Acquisition of FazWaz Cambodia
2021
Introduction of transactional business model
2020
Partnership with FazWaz Cambodia
2019
Partnership with B2B Cambodia
2018
Launch of Real Estate Awards & Expo
2017
Partnership with local leading newspaper
2016
Launch of new website and app
2015
Acquired by DCG
2009
Founded by local Cambodian