Searching for the ideal office space in Phnom Penh can be a challenging task due to the abundance of options across the city’s major districts. With so much supply available, finding the right office can be time-consuming. Choosing CAM Realty, our expert team will assist you discovering the market insight in order to make the process smoother and more efficient for you in finding the perfect office space.
Daun Penh, the central business district (CBD) of Phnom Penh, is the most popular area for office spaces. It is home to the city’s Grade A office buildings, including iconic structures like Vattanac Tower, Sathapana Tower, Flatiron by Meridian, and Exchange Square. Currently, rental rates for Grade A office space range from USD $28 to $40 per square meter. Grade B offices, such as those found in Canadia Tower, are priced between USD $18 and $29 per square meter, representing 43% of the overall market. Meanwhile, Grade C office space is more affordable, ranging from USD $9 to $18 per square meter, making up 45% of the available supply.
Office Grade | Average Price per Sqm |
Grade A | $28 – $40 |
Grade B | $18 – $29 |
Grade C | $9 – $18 |
When searching for an office, it’s important to consider not only the base rental price but also additional service charges, typically ranging from USD $2 to $5 per square meter. These cover building maintenance and common area upkeep. Additionally, inquire whether VAT or withholding tax is included in the quoted price. Parking can be a concern in Phnom Penh, as spaces are limited, with an average allocation of one parking spot per 100 square meters of rented office space. Always confirm the parking availability before finalizing a lease.
List of Office Buildings in Phnom Penh
List of Offce Building in Phnom Penh |
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Building Name | Grade | Location |
Vattanac Tower | Grade A | Monivong Blvd. Daun Penh |
Exchange Square | Grade A | Daun Penh |
Sathapana Tower | Grade A | Norodom Blvd. Daun Penh |
Flatiron by Meridian | Grade A | Daun Penh |
GIA Tower | Grade A | Koh Pich (Diamond Island) |
The Gateway | Grade A | Russian Blvd. Tuol Kork |
Chip Mong Tower | Grade A | Russian Blvd. Tuol Kork |
TK Central | Grade B | Tuol Kork |
Morgan Tower | Grade B | Koh Pich (Diamond Island) |
Vtrust Tower | Grade B | Prampir Makra |
Emerald Office Hub | Grade B | Norodom Blvd. Daun Penh |
Delano Office Center | Grade C | Prampir Makara |
Anina Office Center | Grade B | Boeung Tumpun |
City Tower | Grade B | Mao Tse Toung Blvd. Chamkar Mon |
The Point | Grade C | Mao Tse Toung Blvd. Chamkar Mon |
Yellow Tower | Grade C | Chroy Changvar |
Apart from these buildings, there many more office space available for lease in Phnom Penh. If you are looking for an affordable option, you may lease an office space in a mid-rise apartment building in your preferred location.
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