Phnom Penh has 5 distinct Class A submarkets we track, anchored by Daun Penh at the trophy tier.
Phnom Penh has 5 distinct Class A submarkets we track, anchored by Daun Penh at the trophy tier.
**Daun Penh** (trophy, ~$312/sqm/yr · ≈ $29 PSF/yr USD) — Heritage CBD and trophy core. **Boeung Keng Kang** (prime, ~$264/sqm/yr · ≈ $24.5 PSF/yr USD) — Embassy and expat district. **Diamond Island (Koh Pich)** (trophy, ~$264/sqm/yr · ≈ $24.5 PSF/yr USD) — Master-planned post-2015 mixed-use district. **Chamkar Mon / Toul Tom Poung** (prime, ~$252/sqm/yr · ≈ $23.4 PSF/yr USD) — Inner-southern Class A. **Sen Sok / Toul Kork** (established, ~$216/sqm/yr · ≈ $20.1 PSF/yr USD) — Northern suburban growth Class A.
| 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% |
| trophyCount | 2 |
| primeCount | 2 |
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.