---
title: "Phnom Penh · Tessaic"
description: "The capital and the anchor of Tessaic's residential and commercial collections."
url: https://tessaic.com/locations/phnom-penh/
---

# Phnom Penh

The capital and the anchor of Tessaic's residential and commercial collections.

Phnom Penh concentrates Cambodia's institutions, agencies, and business travel, and with them the country's deepest furnished rental demand. City-wide apartments posted gross annual rental income of 6.13 percent of property value in Q3 2025 (Global Property Guide), and CBRE ranked the capital ahead of Bangkok, Ho Chi Minh City, Manila, Hong Kong, and Singapore in 2024.

Pricing is honest here too: condominium values remain 15 to 20 percent below their 2019 peak (IPS Cambodia, 2025), which is precisely why collections are being assembled now. We publish the data behind every asset, with sources, so you read the market the way we do.

## District data (historical, sourced)
- Phnom Penh (city-wide): rental income TTM 6.1%, price gains 5-yr -15%, avg $2,500/sqm. Sources: Global Property Guide, IPS Cambodia, CBRE Cambodia
- BKK1, Phnom Penh: rental income TTM N/A, price gains 5-yr N/A, avg $2,000/sqm. Sources: realestate.com.kh
- Toul Kork: rental income TTM N/A, price gains 5-yr N/A, avg $1,450/sqm. Sources: realestate.com.kh
- Daun Penh / Riverside: rental income TTM N/A, price gains 5-yr N/A, avg N/A. Sources: N/A
- Chroy Changvar: rental income TTM 5.9%, price gains 5-yr N/A, avg $1,700/sqm. Sources: Global Property Guide, realestate.com.kh

District and market figures are historical data shown for context. They are not a forecast or a promise of return on any co-ownership interest.

## Open here
- [The Saint, Street 308](https://tessaic.com/property/the-saint-street-308.md): Residential Rental. Status: filling.
- [Riverside Retail Block](https://tessaic.com/property/riverside-retail-block.md): Commercial. Status: open.

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Tessaic offers direct fractional co-ownership of specific, identified properties in Cambodia. Tessaic is not a fund, a collective investment scheme, a security, or a managed investment product, and nothing on this site is an offer of, or a solicitation to acquire, any security or investment product in any jurisdiction. No co-ownership interest is offered or sold in the United States. Any rental, occupancy, or price figures shown describe historical, market-level data from the sources cited, are provided for general information only, are not a forecast, and are not a representation or guarantee of any return on any co-ownership interest. Property values and income can fall as well as rise. Co-ownership involves risk, including limited liquidity. Tax treatment depends on your individual circumstances and may change. We do not provide legal, financial, or tax advice. Obtain your own independent advice before acquiring any interest. Full structure, fees, and exit terms are set out in the ownership documents for each property.