Discover a rare boutique hotel for rent in the heart of Daun Penh, central Phnom Penh — an 18-storey investment-grade property just steps from Central Market. This fully operational 72-room hotel offers variable lease terms with an expected 5% annual ROI, making it a standout opportunity for investors seeking a turnkey hospitality asset in one of the city’s most sought-after districts.
Spanning a striking 320sqm footprint (8m x 40m) across 5,760sqm of total floor area, the building comprises 59 standard rooms across floors 3–11, 13 VIP rooms on floors 12–15, and dedicated wellness and dining floors — a restaurant and gym on floor 16, a rooftop swimming pool on floor 17, and a sky bar with panoramic views on floor 18. Basement parking accommodates 8 vehicles, while the ground-floor reception welcomes guests around the clock, backed by a second-floor café/restaurant or conference space.
Each room features a flat-screen TV, refrigerator and minibar, set within a warm, contemporary interior of polished concrete, timber accents and flowing white drapery, with sweeping views over central Phnom Penh from floor-to-ceiling windows.
The location places guests within easy reach of the city’s best-loved attractions: Central Market (<1km), the Riverside precinct (1km), Tuol Sleng Genocide Museum (1.5km), and the bars and eateries of Bassac Lane (1.5km). Culture seekers can explore the National Museum, while shoppers have Phsar Kandal and AEON Mall within easy reach.
With strong existing infrastructure, an enviable Daun Penh address, and flexible leasing terms, this hotel for rent presents genuine upside for operators and investors alike.
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Original ID: DP8.K2
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Daun Penh & Riverside: Where Phnom Penh’s art scene meets its next property boom
A personal reflection on the district’s shifting identity — from gallery row to market stalls, $5 massages to 5-star hotels.
Street 172 still wears its old skin: $3 massage parlours and bars filled with weathered faces under greying hair, a holdover from a Phnom Penh that’s slowly fading.
But round the corner, Street 178 is quietly becoming the city’s most promising art gallery district — with the Royal University of Fine Arts and the National Museum of Cambodia both within walking distance, the creative pedigree is already built in.
Friends Café has planted its flag here, and the historic Mansion House sits waiting for its next chapter. With the Hyatt now welcoming Phnom Penh’s jet-set crowd, this pocket of Daun Penh may be on the verge of a full designer-district transformation.
Even the shophouses along 172 tell the story — noticeably better preserved than in most of the city, a quiet signal that this could be Daun Penh and Riverside’s next rising star.
The surrounding streets still lean heavily on hostess bars, each competing for a shrinking share of tourist and expat spend. As land values climb and rents follow, every vendor on this strip will feel the pressure to justify their square metre.
Then there’s Phsar Kandal — and the open block once occupied by Prey Sar prison — which raises the obvious question: what comes next? The land immediately west of the pagoda is shaping up to be a developer’s dream.
With both sites sitting so close to the Riverside strip and the well-known 136 and 178 “sweet spots,” there’s a real possibility something special is brewing here — a district waiting for Phnom Penh’s next wave of architects and artists to claim it.
