SIHANOUKVILLE - cbre.com.kh · PDF fileSIHANOUKVILLE Otres Beach Ochheuteal Beach Independence...
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6TH OCTOBER 2017 SIHANOUKVILLE REAL ESTATE MARKET UPDATE PRESENTED BY MARC TOWNSEND Chairman, CBRE Cambodia
Transcript of SIHANOUKVILLE - cbre.com.kh · PDF fileSIHANOUKVILLE Otres Beach Ochheuteal Beach Independence...
6TH OCTOBER 2017
SIHANOUKVILLE
REAL ESTATE MARKET UPDATE
PRESENTED BY MARC TOWNSEND
Chairman, CBRE Cambodia
Sihanoukville
Airport
Planned Highway
Port
SIEM REAP
PHNOM PENH
SIHANOUKVILLE
Sihanoukville
Kampot
Kep
Koh Rong
Koh Kong
Airport
Planned
Airport
Country Length of Coastline
Cambodia 443km
Vietnam 3440km
Thailand 3220km
Source: Google Maps/ CBRE Cambodia
Source: CBRE Cambodia
Sihanoukville
Airport
Port
SIEM REAP
PHNOM PENH
SIHANOUKVILLE
Otres Beach
Ochheuteal Beach
Independence Beach
Ratanak Beach
Destination Journey Time Distance
Phnom Penh
Via National Rd 4
4 hours 30 mins 230km
Vietnam (Ha Tien)
Via Nat Rd 3 & Rd 33a
2 hours 50 mins 147km
Thailand (Trat)
Via Rd 48
5 hours 20 mins 336km
Source: Cambodia Airports
Source: Google Maps / CBRE Cambodia
Arrivals to Sihanouk International Airport (2015 – Q1 2017)
0%
50%
100%
150%
200%
0
10,000
20,000
30,000
40,000
50,000
Q1 2015 Q1 2016 Q1 2017
Tourist Arrivals % Growth
Tourism
16.0%14.9%
24.4%
17.5%
7.0%6.1%
5.0%
12.8%
0%
5%
10%
15%
20%
25%
30%
0
1,000
2,000
3,000
4,000
5,000
6,000
2010 2011 2012 2013 2014 2015 2016 2017
H1
No. of Foreign Tourists (Thousand)
0%
10%
20%
30%
40%
0
2,000
4,000
6,000
8,000
10,000
Cambodia Thailand Vietnam
Visitor Numbers H12017 % Growth Y-o-Y
Source: Ministry of Tourism (Cambodia), Vietnam Tourism, Tourism Thailand
International Tourist Arrivals to Cambodia (2010 – H1 2017) Intl. Tourist Arrivals to Cambodia, Thailand & Vietnam
(H1 2017)
Source: Ministry of Tourism (Cambodia)
Land and Investment Market
$0
$500
$1,000
$1,500
$2,000
$2,500
$3,000
Beach Area Commercial &
Residential Area
Residential Land Industrial Area
Indicative Quoted Land Prices in Sihanoukville Town (H1 2017)
$0
$2,000
$4,000
$6,000
$8,000
Sihanoukville Nha Trang Da Nang Phuket Pattaya
Source: CBRE Research
Indicative Quoted Land Prices in Selected SEA Resort Cities (H1 2017)
USD
USD
Source: CBRE Research
Who’s Buying What?
Source: CBRE Research
Land Banking
Who?
What?
When?
Why?
Whose Coming?
Back Packers
Package Tours
Siem Reap +1Locals & Expats
Gaming
Some Developments in Sihanoukville
Blue Bay
D’Seaview
The Seagate Suite
The Scarlet The Royal Bay
Sunshine Bay
Ownership Structures
• Fractional Ownership (Timeshares)
• Condo-Tel
• Condominiums
• Landed Property
• Guaranteed Yields
• Overseas Purchasers
Industrial Market
Industrial Rental Range ((USD/Sqm/Month)*
* Exclude monthly maintenance fee
$0.0
$0.5
$1.0
$1.5
$2.0
$2.5
$3.0
Prime Industrial Unit within SEZ Standalone Industrial Unit
Source: CBRE Research, H1 2017
Hotels
Tourist Arrivals by the Sihanoukville
International Airport (2016 Q1 vs. 2017 Q1)
0
5,000
10,000
15,000
20,000
25,000
30,000
International Arrivals Domestic Arrivals
2016 Q1 2017 Q1
Future Supply (Luxury Segment)
0
100
200
300
400
500
600
5-Star Luxury Resort
2017F 2018F
Source: Cambodia Airports, Q1 2017 Source: CBRE Research, H1 2017
Meanwhile… in Da Nang Upcoming
Existing
Condominiums
Condominium Supply (2018f – 2020f)
0
1,000
2,000
3,000
4,000
5,000
6,000
2018F 2019F 2020F
Existing Supply New Supply
Condominium Sales Prices (H1 2017)
$0
$500
$1,000
$1,500
$2,000
$2,500
$3,000
2015 H1 2015 H2 2016 H1 2016 H2 2017 H1
Source: CBRE Research, H1 2017 Source: CBRE Research, H1 2017
What Could it Look Like in 10 years?
Disclaimer: Information contained herein, including projections, has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to confirm independently its accuracy and completeness. This information is presented exclusively for use by CBRE clients and professionals and all rights to the material are reserved and cannot be reproduced without prior written permission of CBRE.
For further information, please contact:
CBRE Cambodia,
9th
Floor, Phnom Penh Tower #445, Monivong Blvd
Boeung Prolet Quarter, 7 Makara District
Phnom Penh, Cambodia.
T+855 23 964 099
F+855 23 964 088
www.cbre.com.kh
