There are 1 Companies in Cambodia
that provide Commercial Property Management Services!

Cambodia’s Information Technology (IT) sector has a promising future with its talented youth and is poised to become the largest export industry in the country, according to Cambodia High Commissioner to the UK. 

Based on this information, it is also important to mention that the average salary in the IT industry in Cambodia is estimated at around 378 USD/mo, making the country one of the most accessible and competitive in the region in terms of prices. 

Based on a report from the State Bank of Cambodia, the IT industry value is set to grow double in 2020, making a progress from $3,5 bn in 2019 to $7 bn. USD. 

Why working with Cambodian IT companies

Cambodian IT companies and web agencies are in the full development process and promoting their services mainly to foreign clients using the latest technologies. Even though Cambodia is probably the newest player in the IT sector in the region, it revealed it has huge capacities with a number of tech startups and new web agencies that continue to grow. In this way, there are more than 1500 IT companies in Cambodia with 10,000 professionals enrolling in the sector each year. 

What to be aware of when working with CambodianIT companies

The relatively low number of IT companies in Cambodia is motivated by two factors: First, as mentioned previously is that the web agencies based in Cambodia are new in the region and are in full development and promotion process. The second reason is that professionals in the country are focused more on freelancing than entering a corporate environment and developing a digital business system - based on a report from the NY Times. 

Considering both indicators, it should be noted that the Cambodia-based companies don’t have rich experience on the market and thus, a developed-business culture which may be a challenge for potential foreign clients. 

How reliable are IT companies from Cambodia

The young and inexperienced behavior of Cambodia-based IT companies and web agencies is compensated by the high capacity and low prices on the market that they can provide. This makes Cambodia-based companies and web agencies, but as well as freelancers to have a balanced reputation on the global market, making the selection process easier for potential clients. 

How the Cambodian IT Industry relates to the neighboring countries

Cambodia is trying to make its place in the global setup. Perhaps, this is the reason why the country’s freelancers offer rates 30% to 50% less than the ones offered in India.

According to NASSCOM, India’s IT market size is $150 billion while Cambodia’s is just $3.5 billion. While India’s population is seven times higher, their investment in the startups’ ratio is also 30 times greater.

The ratio of the size of the economy is 1:10 while the market size of startups is 1:100.  This can be improved as Cambodia’s startups market can grow up to 5 times

The Global Competitiveness Index and Ease of Doing Business Index of Cambodia show that the country has some giant strides to make. India has 6 big IT companies and every company has at least a $10-billion revenue a year. Google, IBM, and Microsoft have their local office in India, promoting the country’s industry through research and development.

On the other hand, Cambodia has not seen business tycoons venture into the IT industry. Cambodian businessmen love to invest in real estate and gold.

The ICT Industry in Cambodia in 2022

2022 comes with new development opportunities for the Cambodian ICT sector. The country struggles to attract BigTech companies and their investments in the hope to boost the economy and diminish the country-wide poverty issues. Among the measures, Cambodia launched several economic forums in late 2021 that will hopefully get a long-term result for the FinTech sector.

Commercial real estate ownership and investment can be quite rewarding. On the other hand, managing your property can be time-consuming and emotionally draining. That’s where commercial property management services come into play.

Commercial Property Management specializes in managing and maintaining commercial properties such as office buildings, retail spaces, industrial complexes, and mixed-use developments. 

This service is aimed at property owners that get expert assistance in handling various aspects of property management, allowing them to maximize the value of their investments while minimizing their day-to-day responsibilities regarding their properties. 

So let's note what a commercial property management company does:

1. Handle day-to-day operations
2. Maintains Calls
3. Communicate with the tenant
4. Inspect the issue
5. Identify the best way to handle it
6. Coordinate the repair
7. Keep track of your expenses

A good property management company will take on all of that responsibility on your behalf.

Property inspections

Your manager will visit your property regularly to keep an eye on everything.

Rent Collection

Collecting rent can be sometimes awkward, but your property manager will help you, by automating rent collection and deposits right into your bank account.

Financial reporting

A property management company provides detailed financial reports, including income statements, balance sheets, and cash flow statements, enabling property owners to make informed decisions about their investments.

Marketing and leasing

Attracting and retaining tenants is a critical aspect of commercial property management. Property management professionals develop marketing strategies, advertise vacant spaces, conduct property tours, and negotiate lease terms, helping property owners secure reliable tenants and optimize occupancy rates.

Commercial property management services have been in high demand for several years and continue to grow.

The process of choosing the right commercial property management company could be challenging, however, it will result in a significant decision that can greatly impact the success of your investment. 

Here are several factors that should be considered when choosing a commercial property management company:

• Firstly, it's important to assess their experience and expertise in managing properties similar to yours.
• Look for a company with a proven track record and a solid reputation in the industry.
• Check for any certifications or affiliations with professional organizations, as this can demonstrate their commitment to maintaining high standards.
• Additionally, consider the range of services they offer and whether they align with your specific needs
• Review their fee structure and compare it with other companies to ensure it aligns with your budget and provides good value for money
• Furthermore, take the time to read reviews or seek recommendations from other property owners who have used their services. This can provide insights into their level of professionalism, responsiveness, and overall customer satisfaction.

By considering their experience, services, reputation, and fees, you can make an informed choice that will help you maximize the value of your commercial property while minimizing the stress and effort involved in managing it.

There are more than 92 companies on our platform that offer a wide variety of commercial property management services. Explore their detailed profiles, and client reviews, and feel free to get in touch with them.

We’ve created also a powerful filter that you can use to narrow down the results based on your requirements and shortlist the companies. 

Alternatively, you can submit your project and our team will select and send you the best matching companies in about 1 hour. It’s free of charge.