Financial services occupiers in Phnom Penh typically cluster in Daun Penh, plan ~220 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 ~220 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.

Financial services office space in Phnom Penh

Financial services occupiers in Phnom Penh typically cluster in Daun Penh, plan ~220 sqft per seat at trophy fit-out">fit-out ($165–240/sqft), and pay around 264 USD/sqft ($25 USD) on Class A.

TL;DR

  • Preferred submarket: Daun Penh.
  • Typical fit-out spec: Trophy ($165–240/sqft).
  • Plan ~220 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

Financial services 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 financial services 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 220 sqft per seat blended (workstation + circulation + amenity). A 100-headcount finance office in Phnom Penh typically targets 22,000 sqft of leasable area.

Talent angle

Senior bankers and quants concentrate around trophy financial spines; covenant strength supports long leases and trophy economics. 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

cityPhnom Penh
industryFinancial services
naics52
preferredSubmarketDaun Penh
preferredFitoutSpecTrophy
fitoutBand$165–240/sqft
sqftPerSeat220
classARentLocal264 USD/sqft/yr
classARentUsd$25/sqft/yr
vacancyPct22.4%
typicalLeaseYears3
typicalRentFreeMonths6
talentIndex60
corporateTaxPct20%

Frequently asked questions

Where do financial services 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 financial services occupiers run in Phnom Penh?
Typically trophy at $165–240/sqft.
How much office space per seat should a financial services occupier plan in Phnom Penh?
Plan ~220 sqft per seat blended. A 100-person team typically takes 22,000 sqft.
What NAICS codes describe the financial services vertical?
Representative NAICS 2022 codes: 52.
What is the talent index in Phnom Penh?
60/100. Use the city profile for full detail.

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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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