Condo for Rent in Phnom Penh

Should you choose an apartment or condo in Phnom Penh?

In Cambodia, condo units are owned by individuals so you can rent direct from the unit’s owner. As a large share of condos are owned by expatriates – this is the only property a foreigner can legally purchase in Cambodia – it is highly possible that your landlord might be a foreign owner.

Condos for rent in Phnom Penh are predominantly mid-tier and high-end. Condos are considered a more luxurious place to live than a standard apartment.

Instead of renting a condo, maybe you’d also be interested in looking at an apartment for rent or a house for rent in Phnom Penh?

Why You Should Rent a Condo in Phnom Penh

The main advantage in renting a condo over an apartment is that the former are typically located in a modern buildings with better facilities, often including a pool, fitness centre and off-road parking.

If you are looking for a property in downtown Phnom Penh, there tend to be more condos available than houses. While houses and villas are mostly available in borey and on the outskirts of the city, condos are built all around the centre.

Where to Rent a Condo in Phnom Penh?

In recent years there has been a surge in the number of condos built in Phnom Penh, many purchased for their investment value rather than to be lived in by the owner. As such, owners are keen to find tenants, so you can negotiate excellent low rental rates.

Around a third of condos are built in the central Chamkarmon district, with the majority of the rest spread between Sen Sok, 7 Makara, Chroy Changva, Boeng Keng Kang and Toul Kork. There is also a lesser number of condos available for rent in Daun Penh and along the riverside area.

With so many condos available it is wise to stick with a reputable company with a proven track record. De Castle Phnom Penh is one such firm that has condos throughout the city. Olympia City is an substantial development around Phnom Penh’s Olympic Stadium, while Aura Condo is another recommended central condo building. Rose Condo is another option if you are looking for a condo in the Tonle Bassac area of Phnom Penh.

Condos and Property Management Companies

Some condos are managed by a property management company. These can represent good rental options as they tend to be more professionally managed and better maintained. You might find it simpler to deal with a building management company than negotiating with a single unit owner.