Fashion and luxury occupiers in Phnom Penh typically cluster in Daun Penh, plan ~200 sqft per seat at trophy fit-out ($165–240/sqft), and pay around 264 USD/sqft ($25 USD) on Class A.

• Preferred submarket: Daun Penh.
• Typical fit-out spec: Trophy ($165–240/sqft).
• Plan ~200 sqft per seat for headcount sizing.
• Class A rent context: 264 USD/sqft ($25 USD).
• Typical lease: 3 years with 6 months rent-free.
• Talent depth in Phnom Penh: 60/100.

TL;DR

• Preferred submarket: Daun Penh.
• Typical fit-out spec: Trophy ($165–240/sqft).
• Plan ~200 sqft per seat for headcount sizing.
• Class A rent context: 264 USD/sqft ($25 USD).
• Typical lease: 3 years with 6 months rent-free.
• Talent depth in Phnom Penh: 60/100.

Where they cluster

Fashion and luxury occupiers in Phnom Penh typically anchor in Daun Penh. Banking, government, embassies, hospitality.

What they pay

Class A rent in Phnom Penh runs 264 USD/sqft ($25 USD) on a 3-year lease with 6 months free. Trophy submarkets command a 20–40% premium above the city index.

Spec and fit-out

Typical fashion and luxury fit-out targets trophy specification at $165–240/sqft. Bespoke design, signature feature, top-tier MEP and acoustic packages are standard.

Headcount sizing

Plan around 200 sqft per seat blended (workstation + circulation + amenity). A 100-headcount luxury office in Phnom Penh typically targets 20,000 sqft of leasable area.

Talent angle

Design and merchandising leadership clusters near luxury retail corridors; showroom and gallery programming drives premium fit-out spend. 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.

Tax and lease context

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.

Key facts

Frequently asked questions

Where do fashion and luxury occupiers lease office space in Phnom Penh?

Most cluster in Daun Penh. Rent runs ~264 USD/sqft ($25 USD) for trophy and prime stock.

What fit-out spec do fashion and luxury occupiers run in Phnom Penh?

Typically trophy at $165–240/sqft.

How much office space per seat should a fashion and luxury occupier plan in Phnom Penh?

Plan ~200 sqft per seat blended. A 100-person team typically takes 20,000 sqft.

What NAICS codes describe the fashion and luxury vertical?

Representative NAICS 2022 codes: 315, 448.

What is the talent index in Phnom Penh?

60/100. Use the city profile for full detail.

Related

• Fashion and luxury — global overview
• Phnom Penh — full city profile
• Financial services in Phnom Penh
• Asset management in Phnom Penh
• Investment banking in Phnom Penh
• Legal services in Phnom Penh

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.

Primary sources for this page

• CBRE Marketview reports — CBRE
• JLL Office Insight — JLL
• Cushman & Wakefield Marketbeat — Cushman & Wakefield
• Savills World Research — Savills
• Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction

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