The capital and the anchor of Tessaic's residential and commercial collections.
Why this city.
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.
The districts.
Source
Phnom Penh (city-wide)
6.1%
-15%
$2,500/sqm
Global Property Guide, IPS Cambodia, CBRE Cambodia
BKK1, Phnom Penh
N/A
N/A
$2,000/sqm
realestate.com.kh
Toul Kork
N/A
N/A
$1,450/sqm
realestate.com.kh
Daun Penh / Riverside
N/A
N/A
N/A
N/A
Chroy Changvar
5.9%
N/A
$1,700/sqm
Global Property Guide, realestate.com.kh
All figures are historical market data from the sources cited, provided for context only. Not a forecast and not a representation of return on any Tessaic co-ownership interest.
Open in Phnom Penh.
TESSAIC · BKK1, Phnom Penh
Filling
The Saint, Street 308
District rental income, BKK1 district (TTM)
N/A
District price gains, 5-year
N/A
Fraction size from
1/12 of registered title
Fraction price from
N/A
Co-owners per home
6 to 15
Managed by
My First Corner, under agreement
7/12
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.