Daun Penh's tenant base is anchored by banking, government, embassies, hospitality.

  • Tier: trophy.
  • Tenant character: Heritage CBD and trophy core.
  • Average rent: $312/sqm/yr · ≈ $29 PSF/yr USD.

Daun Penh, Phnom Penh tenant profile

Daun Penh's tenant base is anchored by banking, government, embassies, hospitality.

TL;DR

  • Tier: trophy.
  • Tenant character: Heritage CBD and trophy core.
  • Average rent: $312/sqm/yr · ≈ $29 PSF/yr USD.

Who clusters here

Banking, government, embassies, hospitality.

What that means for newcomers

Newcomers to Daun Penh should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.

Key facts

cityPhnom Penh
submarketDaun Penh
tiertrophy
averageRentLocal$312/sqm/yr · ≈ $29 PSF/yr USD
cityClassARentUsd$25/sqft/yr
cityVacancyPct22.4%

Frequently asked questions

What kind of tenants lease in Daun Penh?
Banking, government, embassies, hospitality.

Related

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

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