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Area guide

Daun Penh

Phnom Penh

Homes ask a median $323,000, +62% against Phnom Penh. Renting runs $800 a month, a 3.0% gross yield on that price.

Median asking price
$323,000
Middle 60% $90k to $1.2M
+62% vs Phnom Penh
Median asking rent
$800 /mo
Middle 60% $450 to $2k
level with Phnom Penh
Price per m²
$2,113
From 204 homes stating a floor area
+30% vs Phnom Penh
Gross yield
3.0%
Median rent × 12 over median price
 

Where it sits

The sangkats of Daun Penh, side by side

Every figure below is measured the same way, at the same moment, for all 12 of them. That is the only thing that makes a number like this mean anything.

Median asking priceWhat half the homes ask less than
$200kPhnom Penh
$323kDaun Penh
Price per square metrePrice divided by floor area
$1,622Phnom Penh
$2,113Daun Penh
Gross yieldAnnual rent against asking price
3.0%Daun Penh

Phsar Chas, Phsar Thmei I, Phsar Kandal I, Phsar Kandal II, Phsar Thmei II, carry no dots: fewer than 30 priced listings is not enough to publish a median, so the figure is withheld rather than guessed at.

Your money here

What a budget actually reaches in Daun Penh

Drag the figure. The bars are the homes listed in Daun Penh right now, grouped by what they ask.

38
42
30
36
33
39
85
$20k–
$60k
$60k–
$100k
$100k–
$150k
$150k–
$220k
$220k–
$320k
$320k–
$500k
$500k–
$1.5M
$220,000

146 of the 347 homes for sale in Daun Penh ask this or less - 42% of what is on the market here.

That sits inside the middle 60%, just below the typical asking price of $323,000.

343 of the 347 homes for sale carry a price. The rest are price on application: counted as supply, never inside a median.

Compared

The sangkats of Daun Penh, side by side

Two counts cannot tell you which one to live in. Tap a heading to re-rank.

Boeng Reang54$440,000$2,644518$1,2913.5%
Srah Chak48$300,000—275$9503.8%
Chakto Mukh39$750,000—728$7001.1%
Phsar Thmei III39$260,000—91$1,0004.6%
Wat Phnom34$197,000—337$6003.7%
Chey Chumneah31$450,000—174$5751.5%
Phsar Chas27——132$600—
Phsar Thmei I24——130$825—
Phsar Kandal I20——169$600—
Phsar Kandal II15——52$580—
Phsar Thmei II13——24——
3——24——

A dash is not a zero. A median needs 30 priced listings behind it and a yield needs 30 on each side; 11 of these fall under that on at least one measure, so those figures are withheld rather than printed off a handful of homes.

Straight questions

The questions people ask about Daun Penh

Answered from the listings themselves, and recomputed every morning.

How much does it cost to buy in Daun Penh?

The typical home for sale asks $323,000. Half of the 347 on the market ask less than that, and the middle 60% sit between $90,000 and $1,200,000.

How much is rent in Daun Penh?

The typical asking rent is $800 a month, out of 2,654 rentals listed. The middle 60% ask between $450 and $1,877.

Is Daun Penh expensive?

Against Phnom Penh as a whole, homes here ask 62% more. By the square metre the gap is +30%, which is the fairer comparison because it does not reward a bigger home.

What return do landlords get in Daun Penh?

Median rent over a year against the median asking price is 3.0%, before any costs. It compares asking prices with asking rents, not signed contracts.

What kind of property is for sale in Daun Penh?

Mostly house, apartment / condo, shophouse. Of the 347 homes for sale, 216 are listed as house.

Living here

What Daun Penh is actually like

There are twelve administrative divisions in Phnom Penh. Longbian District is one of the four administrative districts in the urban area. Longbian District is located on the northeast side of the urban area, the first quadrant of the central axis of Phnom Penh, east of Monivong Avenue, north of Sihanoukville Avenue, and west of Tonle Sap River, covering an area of ​​about 7.44 square kilometres. Longbian District is the earliest developed area in Phnom Penh, with three markets-Old Street Market, Qianlong Street and New Street Market. The most famous Royal Palace, Zhen La Theater, Central Market, Ta Tsai Mountain and Old Night Market are all included. Like the neighbouring BKK District, Long Bien District represents the most prosperous economic centre of Phnom Penh.

History

Daun Penh is named after Mrs Penh. According to legend, a wealthy widow named Penh found a huge ancient tree at the end of the river after the storm. Inside the tree, she found four bronze statues of Buddha and a stone Buddha. She asked the people in the village to build a temple on the artificial mountain to protect the sacred statue. In the end, it became a holy place for people to pray and refuge --Wat Phnom.

National Museum is a must-visit for people who are interested in culture and history. In place since the 1920s, the National Museum is Cambodia’s leading historical and cultural museum. The museum is a repository for the world’s largest collection of Cambodian art, housing more than 14,000 sculptures, ethnographic objects, and other artifacts dating from the prehistoric times to the post-Angkorian period.

Economy

Daun Penh is not only a commercial and tourist hot spot, but also the most concentrated area of ​​administration, culture and history. It can be called the "Wall Street" area of ​​Phnom Penh. Thanks to the unique location of the Mekong River, Long Bien District has become the most popular area for expatriates. The restaurants, hotels, bars, and cafes are dense, very popular, and the nightlife is extremely rich. It is considered to be a vibrant central area.

Daun Penh District is also an indispensable place for the tourism service industry. Competition is fierce. Shophouse shops rent the most expensive areas, such as the riverside, the central market and surrounding areas, and the National Museum. Food, entertainment and nightlife are complicated. There are many financial institutions such as commercial bank headquarters and stock exchanges.

From what everybody hears and see, investors are not discouraged by the hefty price tag for land and other property in Daun Penh. In fact, the opposite is happening. More and more local and foreign investors are investing heavily or developing major property in the district and surrounding areas. Barring some unexpected disaster or tragedy, the next few years point to Daun Penh becoming the most progressive and developed strip of Phnom Penh. Many people say that Daun Penh will become the next “Orchard Road”, referring to the iconic shopping and tourism belt in neighbouring Singapore that is famous the world over.

Population

Khan Daun Penh is the most important district in Phnom Penh. According to the statistics of 2008, the total population of Khan Daun Penh is 126,550, which is a decrease from the statistics of 1998. Among them, except for the population growth of Srah Chak and Voat Phnum, the population of other regions has decreased. The population of Phsar Thmei Bei has decreased by 21.55%.

Shopping

Daun Penh is among the most popular shopping destinations in Phnom Penh. Several of Cambodia’s most well-known markets and shopping centres are located in the district. Central Market, O’Russey Market, Pencil Market, and Sorya Shopping Center are all here. Daun Penh is also host to an impressive array of retail shops and supermarkets selling everything from jewellery, handicrafts, artwork, souvenirs, footwear and clothing. 

The Central Market is an Art Deco landmark in Phnom Penh, the capital of Cambodia. This bright yellow building was completed in 1937. The central height is 26m. The dome has four high arched roofs that extend diagonally to form a spacious corridor that can accommodate countless stalls and various commodities.

Sorya Shopping Center is a large shopping mall in Phnom Penh. It has eight stories, including stores that meet the various needs of customers.O’Russey Market sprawling, buzzing indoor market with stalls selling food, housewares, clothing & electronics. Pencil Market includes clothes, Jewelry, Fruit, Vegetable, Baby milk, Kitchenware and many other products.

Oh, and don’t forget about the groceries stores like Lucky and Super Duper if you just need a snack or a soda.

Landmarks

Originally built in 1866, the Royal Palace serves as the residence of Cambodia’s royal family. The Royal Palace is a splendid example of Khmer architecture. The Khemarin Palace, Throne Hall, Silver Pagoda, and Moonlight Pavilion are some of the buildings inside the palace compound. The Royal Palace is one of the most popular tourist attractions in Cambodia, with hundreds, or sometimes thousands, of tourists from all over the world visiting it every day.

Shaped like a hand-held fan, the Chaktomuk Theatre is a landmark of the style known as New Khmer Architecture. It was designed by the late Van Molyvann, Cambodia’s most famous architect. 

Completed in 1961, the building hosted the 6th Conference of the World Fellowship of Buddhists that same year. The People’s Republic of Kampuchea (PRK) also used it as a venue for the trial in absentia of senior Khmer Rouge leaders in 1979. Today, Chaktomuk Theatre is used as a venue for conferences and cultural events organised by the Ministry of Culture and Fine Arts (MCFA).

Built in 1372, Wat Phnom Penh is a historic hilltop temple sitting in the centre of Phnom Penh. Wat Phnom is the tallest religious shrine in the city, standing some 27 metres above the ground. Wat Phnom Penh serves as a venue for major religious ceremonies during Khmer New and Pchum Ben. Wat Phnom is visited by hundreds of foreign tourists every day. Also, many locals visit Wat Phnom to pray and seek divine intervention.

Food

If you are a food lover and would like to try the cuisines of many different countries, Daun Penh is the place to go. Along the riverside, you can find restaurants serving: Western food like French, Greek, Italian and American, Other Asian specialties like Japanese, Korean, Chinese, Singaporean and Malaysian, Indian, Mexican and even Middle Eastern food. 

Chinese House, KFC, Lucky Burger, Le Point Café, 5 Drunk Men, Hops Craft Beer Garden, Le Deli Bistro Gourmet, Gulai Restaurant, Mother India Restaurant, and Hummus House are some of the most popular names. There is even a Cuban restaurant along the riverside called Havana Café & Bar and a Filipino restaurant named MeMates Resto Bar.

If you are looking for an inexpensive yet delicious local meal, the Small Restaurant & Bar is an excellent choice. For $3, you can have such favourites as pepper squid with a plentiful heap of rice. There are also numerous coffee and beverage shops in Daun Penh, including such popular brands as Brown Cafe, KOI Cafe, Costa Coffee, and Café Amazon.

Nightlife

Daun Penh, especially the area along the river, is well-known for having a vibrant entertainment scene. The district hosts the highest concentration of bars and similar establishments in Phnom Penh.

As soon as the sun sets, Streets 51 and 172 come alive, as the many nightclubs, pubs, bars and other entertainment joints in the area open their doors to customers, both locals and foreigners. The dancing, singing, and drinking last well until the morning.

The most well-known in Daun Penh’s nightlife scene include Pontoon, Vito Club, The Wall, and The Red Fox. The Phnom Penh Pub Street is also a good place to hang out at night. While Daun Penh is generally a safe place, phone snatchings and other petty crimes targeting foreigners do happen from time to time in the district, especially in the area close to the riverside. Serious crimes, however, are rare.

Transportation

There are 5 ways from Phnom Penh Airport (PNH) to Khan Daun Penh. You can take a bus, train, taxi, car or municipal bus. The most economical way is to take a bus, which can be reached in just $1 and 29 minutes. There is a direct bus from Phnom Penh International Airport to Kantha Bopha Children’s Hospital, which departs every hour and is open every day. The fastest way is to take a taxi. It takes only 8 minutes to get from Phnom Penh Airport (PNH) to Khan Daun Penh, but it costs $12-$15. There is a direct bus from Phnom Penh International Airport to Phnom Penh Station, which departs every half hour and is open every day. It costs $3-$7 and takes half an hour.

Expats

Daun Penh is one of Phnom Penh premier residential areas. Its location close to the centre of the city and proximity to many amenities makes it popular among many locals and expats. Many of the condos and apartments in Daun Penh are considered high-end. Naturally, apartment and condo units in Daun Penh are more expensive to rent than their counterparts in the outer areas of the city. Rents start at around $300 per month. But many places are much more. High-end condos will usually be over $900 per month. However, you will usually have access to a pool, gym, parking and workspace.

Daun Penh is home to some of the highest-grade office space in the capital. Canadia Tower, Vattanac Capital, Exchange Square, Raintree, Aura Condominium and Phnom Penh Tower have some of the best office space you will find anywhere in Phnom Penh. For now, Vattanac Tower and Exchange Square are the only property developments in Cambodia that offer Grade A office space. Renting office space in Daun Penh will typically cost between $10 and $30 per square metre a month.

Every word above is already written, and already on the site.

From here

On the market in Daun Penh right now

8 to 1rentals outnumber homes for sale. Daun Penh is a landlord’s market before it is a buyer’s one.
6listings can be walked through on video before you visit in person.
204 of 347homes for sale state a floor area, which is what makes a price per square metre a real division.

Straight answers

What these figures are, and what we will not print

Where these figures come from, and where they stop.

Asking, not sold

Every price here is what a seller or landlord advertises on this site today. Cambodia publishes no register of transaction prices, so nobody can honestly print what homes actually sold for.

Why there is no price chart

Our historical figures are not measured consistently enough to compare one year with another, so we would rather show no trend line than a misleading one.

Small samples are withheld

A median needs 30 priced listings behind it, and a yield needs 30 on each side. Below that the figure is a dash. A dash is an admission; a number would be a claim.

Per square metre is computed

Price divided by floor area, every time, over the homes that state one. The per-square-metre figure agents type into the listing form is never used here.

These counts match the search

Every count is what the search results page returns for the same area, because it is the same query.

Written by people

The sections under "Living here" were researched, written and photographed for this site. Nothing on this page is generated prose.