What do you need to know about commercial properties in Phnom Penh?
Commercial properties are buildings such as shops, office space, villas, and buildings are used for business activities. On our website, we divide commercial properties into 2 sections:
- Commercial villas/ Retail space: In Phnom Penh, there are numerous villas or retail space available on the market for lease to run the business. Mostly located in BKK1, Daun Penh, and Tuol Kork.
- Office space: Office s pace here refers to a space in an office building or split space on a specific floor in an apartment or condo building offered to the market for lease.
Commercial villas/ Retail space
In Phnom Penh, especially in major districts, you will find numerous villas which once were residences to the elite families of Cambodia has been transformed and renovated into commercial spaces. We identify this type of property as Commercial villas/ Retail space on our website.
Property Type: | Average Monthly Rental Price: |
Retail Space/ Shophouse | $1,000 – $2,000 |
Commercial Villa | $3,000 – $10,000 |
Commercial villas are frequently on the market unfurnished and can be renovated. A renovation term of 0.5 – 2 months is available. However, this is subject to the property’s exact state and your negotiation abilities.
If you are looking to start a business in Phnom Penh’s CBD, you can start your property hunting with us. As long as you are honest about your requirement, target customers, and budget, our agent who has been in the market for 5 years will recommend the best possible property to you.
With a reputable agent who has solid connections and networks with the owner, you will get the best property that suit your business model at the lowest price possible with the best possible terms and conditions.
Office Space
Searching for the ideal office for rent in Phnom Penh can be a difficult task at best. Daun Penh, the capital’s central business district, is naturally the most concentrated district for office space. BKK1 and Tuol Kork also saw an influx of office buildings in the recent years. Office space in Phnom Penh is classified into 3 grades: A, B, and C accordingly:
Office Grade | Average Price per Sqm |
Grade A | $28 – $40 |
Grade B | $18 – $29 |
Grade C | $9 – $18 |
The price range differs depending on the location, building size, and services included. *Rates are quoted in US dollars. |
When looking for an office for rent in Phnom Penh, it is important to consider not only the price per sqm, but also the management fee, which often ranges between $2 and $5 per sqm. These fees support the costs of upkeep and maintenance for the building and communal facilities.
Parking has long been a major concern among those looking for office space for rent in Phnom Penh, as the capital is now low on parking places. The average car parking space allowance is one lot for per 100 sqm. It is also crucial to check whether any applicable taxes, such as withholding tax and VAT, are included or excluded.
List of Office Buildings in Phnom Penh
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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