---
title: "Phnom Penh office fit-out costs"
description: "Cost-per-sqft fit-out budgets across Basic, Mid, High-end, and Trophy specifications for Phnom Penh Class A office space."
canonical: https://classa.info/cities/phnom-penh/fit-out-costs
pageType: city-topic
lastUpdated: 2026-04-15T00:00:00.000Z
license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)."
---

> Class A fit-out in Phnom Penh ranges from $40–$65/sqft for basic specification to $165–$240/sqft for trophy.

## TL;DR

- Basic fit-out: $40–$65/sqft.
- Mid spec: $70–$105/sqft.
- High-end: $110–$165/sqft.
- Trophy: $165–$240/sqft.
- Always model fit-out as amortised capex inside total occupancy cost.

# Phnom Penh office fit-out costs

**[Class A](/glossary/class-a) [fit-out](/topics/fit-out-capex)">fit-out in Phnom Penh ranges from $40–$65/sqft for basic specification to $165–$240/sqft for trophy.**

## TL;DR

- Basic fit-out: $40–$65/sqft.
- Mid spec: $70–$105/sqft.
- High-end: $110–$165/sqft.
- Trophy: $165–$240/sqft.
- Always model fit-out as amortised capex inside total occupancy cost.

## Cost bands

**Basic** ($40–$65/sqft): functional Cat-B with standard finishes and basic AV. **Mid** ($70–$105/sqft): branded reception, mix of meeting rooms, mid-grade AV, light biophilic touches. **High-end** ($110–$165/sqft): full client-facing programming, premium furniture, specialist AV. **Trophy** ($165–$240/sqft): fully bespoke design, signature staircase or feature, top-tier MEP and acoustic packages.

## What drives variation

Local labour rates, MEP and AV scope, contingency, FF&E selection, and the building's Cat-A condition. Always price scenarios against landlord's TI to land on net-out-of-pocket capex.

## Working with the landlord allowance

Use the Fit-out Budget Estimator with your spec level to benchmark; subtract landlord-funded TI to land on net spend. Over-allowance spend is amortised into rent — negotiate the rate up front.

## 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%|
| basicFitoutPsf | $40–$65/sqft|
| midFitoutPsf | $70–$105/sqft|
| highEndFitoutPsf | $110–$165/sqft|
| trophyFitoutPsf | $165–$240/sqft|

## Frequently asked questions

****What does a Phnom Penh Class A fit-out cost?****
: From $40–$65/sqft for Basic to $165–$240/sqft for Trophy specification. Mid-spec — the most common — is $70–$105/sqft.

****Are MEP and AV included in those bands?****
: Yes — bands include MEP, AV/IT cabling, FF&E, and a typical contingency.

## Editorial provenance

Reviewed by [**Class A Atlas Editorial Desk**](/about/authors/class-a-atlas-editorial-desk) — House byline · global editorial team. Last updated 2026-04-15. See our [methodology](/about/methodology) and [editorial standards](/about/editorial-standards).

### Primary sources for this page

- [CBRE Marketview reports](https://www.cbre.com/insights) — CBRE
- [JLL Office Insight](https://www.jll.com/en/trends-and-insights) — JLL
- [Cushman & Wakefield Marketbeat](https://www.cushmanwakefield.com/en/insights) — Cushman & Wakefield
- [Savills World Research](https://www.savills.com/research_articles/) — Savills
- [Colliers Global Office Outlook](https://www.colliers.com/en/research) — Colliers

[Full sources index](/about/sources) · [Submit a correction](/about/corrections)

## Related topics

- [**Fit-out Capex**](/topics/fit-out-capex) — How to budget, sequence, and govern Class A office fit-out capex.
- [**US TIA Strategy**](/topics/us-tia-strategy) — How to negotiate, draw down, and account for US tenant improvement allowances (TIA).

---

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