Biotech and life sciences occupiers in Phnom Penh typically cluster in Boeung Keng Kang, plan ~320 sqft per seat at high-end fit-out ($110–165/sqft), and pay around 264 USD/sqft ($25 USD) on Class A.
Biotech and life sciences occupiers in Phnom Penh typically cluster in Boeung Keng Kang, plan ~320 sqft per seat at high-end fit-out">fit-out ($110–165/sqft), and pay around 264 USD/sqft ($25 USD) on Class A.
Biotech and life sciences occupiers in Phnom Penh typically anchor in Boeung Keng Kang. Embassies, NGOs, expat services, professional services.
Class A rent in Phnom Penh runs 264 USD/sqft ($25 USD) on a 3-year lease with 6 months free. Prime submarkets sit at or modestly above the city index.
Typical biotech and life sciences fit-out targets high-end specification at $110–165/sqft. Branded reception, full client-facing programming, premium furniture, and specialist AV are standard.
Plan around 320 sqft per seat blended (workstation + circulation + amenity). A 100-headcount biotech office in Phnom Penh typically targets 32,000 sqft of leasable area.
Cluster effects are decisive: PhD-grade talent concentrates near academic-medical anchors and translational research institutes. Emerging finance, BPO, garment, and services talent. Royal University of Phnom Penh, Institute of Technology of Cambodia, and ACLEDA Institute anchor the local pipeline. Multilingual (Khmer, English, Chinese, French) talent supports FDI tenancy.
Headline corporate tax: 20%. Cambodian gross structure (rent inclusive of management fees). Rents typically quoted in USD/sqm/month. 3-5 year terms standard. Rent-free of 4-8 months on 3-year terms plus USD 100-300/sqm TI typical.
| city | Phnom Penh |
|---|---|
| industry | Biotech and life sciences |
| naics | 541714, 541715, 325412 |
| preferredSubmarket | Boeung Keng Kang |
| preferredFitoutSpec | High-end |
| fitoutBand | $110–165/sqft |
| sqftPerSeat | 320 |
| classARentLocal | 264 USD/sqft/yr |
| classARentUsd | $25/sqft/yr |
| vacancyPct | 22.4% |
| typicalLeaseYears | 3 |
| typicalRentFreeMonths | 6 |
| talentIndex | 60 |
| corporateTaxPct | 20% |
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.