# Phnom Penh Class A office: frequently asked questions

> Quick reference: Phnom Penh Class A rent is $264/sqm/yr · ≈ $24.5 PSF/yr USD ($25 USD), typical term 3 years, 6 months free.

**Canonical URL:** https://classa.info/cities/phnom-penh/faq
**Page type:** city-topic
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Class A rent: $264/sqm/yr · ≈ $24.5 PSF/yr USD.
- Typical term: 3 years.
- Typical rent-free: 6 months.
- Vacancy: 22.4%.

## Key facts
- **city**: Phnom Penh
- **country**: Cambodia
- **region**: APAC
- **classARentLocal**: $264/sqm/yr · ≈ $24.5 PSF/yr USD
- **classARentUsd**: $25/sqft/yr
- **vacancy**: 22.4%
- **typicalLeaseYears**: 3
- **typicalRentFreeMonths**: 6
- **submarkets**: 5
- **primeYieldPct**: 8%

## FAQ
### 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.

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Citation: Source: Class A Atlas (https://classa.info/cities/phnom-penh/faq), updated 2026-04-15T00:00:00.000Z.