Quick reference: Phnom Penh Class A rent is 264 USD/sqft ($264 USD), typical term 3 years, 6 months free.
Class A rent: 264 USD/sqft/yr ($264 USD).
Typical term: 3 years.
Typical rent-free: 6 months.
Vacancy: 22.4%.
Phnom Penh Class A office: frequently asked questions
Quick reference: Phnom Penh Class A rent is 264 USD/sqft ($264 USD), typical term 3 years, 6 months free.
TL;DR
Class A rent: 264 USD/sqft/yr ($264 USD).
Typical term: 3 years.
Typical rent-free: 6 months.
Vacancy: 22.4%.
Quick reference
Use this page as the fast-answer reference for Phnom Penh. Deep coverage lives on the city page, the topic pages, and the comparison views.
Key facts
city
Phnom Penh
country
Cambodia
region
APAC
classARentLocal
264 USD/sqft/yr
classARentUsd
$264/sqft/yr
vacancy
22.4%
typicalLeaseYears
3
typicalRentFreeMonths
6
submarkets
5
primeYieldPct
8%
Frequently asked questions
How developed is the Phnom Penh Class A market?
Early-stage. Trophy product is concentrated in 4-5 buildings (Vattanac, Canadia, Phnom Penh Tower, Diamond Island). Broader Class A inventory is shallow but expanding.
What is the role of Chinese FDI?
Material. Chinese FDI in real estate, hospitality, and infrastructure has driven a wave of mixed-use and Class A delivery since 2015. Some post-2022 supply softening reflects Chinese capital outflow restrictions.
Is the market dollarized?
Yes. Most Class A rents are quoted and paid in USD; the Cambodian riel is pegged informally to the dollar. This limits FX risk for international tenants.