After years of turbulence and transformation, Cambodia’s property sector is tentatively entering a new phase. The high-octane, foreign investment-driven boom of the 2010s has slowed to a cautious walk. In its place, a more localized, pragmatic market is beginning to emerge—defined not by skyline-altering megaprojects, but by affordability, adaptability, and resilience. The first quarter of 2025, as...