Warehouse For Rent In Phnom Penh

Phnom Penh's real estate market is experiencing a remarkable surge, driven by robust economic growth, significant foreign investments, and a thriving tourist influx. Amidst the city's construction boom, warehouse rentals have emerged as a focal point, playing a pivotal role in fostering economic expansion.

A diverse array of tenants—ranging from expatriates to local entrepreneurs—contribute to the dynamic landscape of Phnom Penh's warehouse rental market. Despite initial setbacks due to the COVID-19 pandemic, Phnom Penh area is demonstrating resilience by adapting to the evolving demands of its rental market.

Warehouses are indispensable assets that underpin the city's economic infrastructure, playing critical roles in job creation, efficient logistics, and facilitating trade. For businesses, opting to rent these warehouses offers a strategic advantage. It provides operational flexibility without the hefty upfront costs associated with property acquisition. 

Furthermore, tenants gain access to prime locations equipped with superior transport links and modern amenities, all without the responsibilities of installation or maintenance. This arrangement significantly enhances operational efficiency, enabling businesses to thrive and grow seamlessly in Phnom Penh's bustling economy.

Scroll down to explore more about the factors that need to be considered when renting a warehouse in Phnom Penh. 

What are the top 3 reasons to rent a warehouse in Phnom Penh?

Investment Potential

• Phnom Penh offers significant investment potential in the warehouse sector due to its growing economy and strategic location within Southeast Asia.
• Warehouses are in high demand for storage and logistics services, making them a lucrative investment option.
• Given the significant investment potential in warehouse sector, it's advisable to explore the available options of warehouse phnom penh.

Value Trends Analysis

• Warehouses in Phnom Penh have shown consistent value appreciation over the years.
• This upward trend is driven by the city's robust economic growth and the expanding logistics industry, making it an attractive choice for investors.

Long-Term Investment Outlook

• The outlook for long-term rental investment in warehouse rentals in Phnom Penh is positive.  
• The ongoing real estate infrastructure projects in Cambodia, particularly the expanding network of transportation and trade corridors, significantly boost the city's attractiveness for warehouse investment opportunities.

A comparative analysis with other regions in Cambodia involves assessing and comparing various factors related to warehouse rentals in Phnom Penh with those in different regions within the country. This analysis typically includes rental rates, location advantages, economic activity, infrastructure, government policies, market trends and future prospects.

Advantages of Choosing a Warehouse for Rent in Phnom Penh?

• Renting a warehouse in Phnom Penh offers strategic advantages due to its central location in Cambodia.
• It provides easy access to transportation routes and industrial zones, making it ideal for efficient logistics.
• The city's consistent economic growth attracts various industries, benefiting from increased consumer demand.
• The rise in tourism also supports businesses, leading to higher trade and commerce.
• Phnom Penh's commercial development and government initiatives to promote foreign investment enhance its appeal for warehouse rentals.
• Ongoing infrastructure projects improve connectivity and logistics capabilities.
• Phnom Penh's warehouse market is dynamic with a diverse tenant base and various rental options.
• Reputable agencies like IPS Cambodia simplify the rental process for businesses.

What is the standard of living in Phnom Penh?

The demand for and pricing of warehouse spaces are indicative of Phnom Penh's commercial and industrial activity levels. High demand and increasing prices typically signal a robust economy, which is often linked to improved living standards in Phnom Penh.

Infrastructure Standards

• The characteristics of warehouses, including security, technology, and accessibility, reflect the city's infrastructural advancements.
• Enhanced infrastructure is generally associated with better living conditions.

Strategic Situating

• The positioning of warehouses in relation to residential zones, transportation networks, and business centers speaks to the city's urban planning.
• Efficient planning affects the convenience of daily life for the city’s residents.

Job Creation

• The warehouse sector is instrumental in generating employment opportunities, both directly within the sector and indirectly across other industries.
• The spectrum and availability of these jobs influence the city’s employment scene and the standard of living.

Cost of Living Implications

• Logistics and storage expenditures tied to warehouse operations can affect retail prices downstream.
• Elevated storage costs may contribute to a higher cost of living as consumer goods become more expensive.

Housing Market Indicators

• The patterns observed in the warehouse rental market can mirror broader housing market tendencies.
• Such trends are integral to understanding the overall living standards within the city.

Global Economic Participation

• The level of international business interest in leasing warehouse space measures Phnom Penh's global economic integration.
• A higher degree of international business activity correlates with progressive living standards.

Affordable Cost of Living

• Compared to other major cities in Southeast Asia, the cost of living in Phnom Penh is relatively low.
• Housing, transportation, and food are quite affordable.
• With a monthly budget of around $1,500, one can enjoy a comfortable lifestyle that includes rent, food, and entertainment expenses.

Growing Job Market

• The city has been experiencing significant economic growth, creating many new job opportunities.
• This growth is evident in the thriving startup scene and the presence of multinational companies.

Warehouse’s Characteristics and Avg Rent Offered by IPS Cambodia

When seeking a warehouse for rent in Phnom Penh, it's essential to consider various factors to meet your specific needs. IPS Cambodia offers a range of warehouse types . These warehouses serve various purposes, from storing retail and electronics goods to facilitating the distribution of products in transit.

Storage Warehouses

• These warehouses provide general storage facilities for a wide range of goods, including retail products, electronics, and non-perishable items.
• Average monthly rent per square meter for these varies from $2 to $5. 

Distribution Centers

• Strategically located near major transportation hubs, distribution centers excel at storing goods in transit, offering quick loading and unloading capabilities.
• $5 - $8 per square meter is the average monthly rent for distribution centers. 

Bonded Warehouses 

• Situated near ports and international borders, bonded warehouses store imported goods before customs duties are paid.
• Bonded warehouses in Phnom Penh can be rented at $3 - $6 per square meter. 

Cold Storage Warehouses

• Essential for preserving perishable items like food and pharmaceuticals, these warehouses maintain precise temperature and humidity levels.
• $ 6 to $10 is the average per square meter rent for cold storage warehouses. 

Automated Warehouses

• Equipped with advanced technology for inventory management and material handling, automated warehouses enhance efficiency by reducing manual labor.
• Automated warehouse's rent per square metre varies from $8 to $12. 

Industrial Warehouses

• Larger in size, industrial warehouses cater to industrial goods storage and may include manufacturing or processing facilities, and are available at $4 to $7 per square meter rent prices. 

Agricultural Warehouses

• Designed for agricultural products like grains, seeds, and fertilizers, these warehouses are the best investment options for the agriculture real estate and ensure the safe and dry storage of agricultural goods.
• $2 to $4 is the average per square meter rent for agricultural warehouses. 

Fulfilment Centers

• Available at an average rent price of $6 to $9 per square meter, e-commerce businesses use fulfilment centers for storing and processing online orders, from packaging to shipping.

Hazardous Material Warehouses

• Specifically designed to handle hazardous materials like chemicals and flammable goods, these warehouses, available at monthly rent of $7 to $10 per square meter, incorporate safety features and containment measures.

Flex Space Warehouses

• Combining warehouse space and commercial office space, flex space warehouses are ideal for businesses requiring both functionalities in a single location, and can be rented at $4 to $8 per square meter rent. 

When looking for a warehouse for rent in Phnom Penh, there are many things to consider. What area of Phnom Penh is the most suitable for your business’s logistics? Where are the major factories and plants where warehouses are needed the most? Whatever your needs, we’ll help you find the best warehouse for rent in Phnom Penh.

When considering the optimal location for leasing or purchasing a warehouse in Phnom Penh for your company, it's essential to take into account a variety of elements. The following steps and considerations are a guide to assist you in making a decision:

Pinpoint Your Commercial Requirements

Product Types

• Assess the kinds of items you plan to store.
• Warehouses closer to delivery destinations are necessary for perishables to reduce time in transit.

Logistical Demands

• For businesses heavily dependent on importing or exporting, being near ports or main transit routes is vital.

Dimensions and Layout Specifications

• Calculate the necessary space, factoring in unique requirements like loading docks, office areas, or climate control systems.

Investigate the Districts of Phnom Penh

Sectors for Industry

• Some regions in Phnom Penh are marked as industrial areas, offering better facilities for warehouses, such as enhanced security, structure, and logistics support.

Reachability

• Gauge the warehouse's accessibility for your supply chain, staff, and customers, prioritizing locations with solid road links and fewer traffic issues.

Compliance and Safety

• Verify that the location adheres to all legal requirements for warehouse operations, including zoning and environmental laws.

Analysis of Market Conditions

Expense Analysis

• Weigh the rental or buying costs across different locales, noting that while some may be less expensive, they could lead to higher logistics expenses.

Plans for Area Growth

• Look into any planned developments or infrastructure improvements in the area that could affect your business positively or negatively.

Get Insights from Local Experts

Property Specialists

• Consult with local property agents who are experts in commercial real estate for current market trends and property availability.

Business Network Connections

• Network with local business groups or associations for insights based on their experiences and advice.

Evaluating Potential Sites

Examination of Facilities

• Inspect the condition and appropriateness of potential warehouse sites.

Community Analysis

• Evaluate the local vicinity for potential pros or cons, such as competition, business neighbors, or workforce accessibility.

Account for Growth and Adaptability

• Ensure the warehouse space is flexible enough to handle potential expansion or shifts in your business strategy.

Understand Legal and Contractual Obligations

• Thoroughly grasp leasing or buying terms and ensure they align with all local statutes and regulations.

Popular Areas to Rent Warehouse in Phnom Penh

When considering where to rent a warehouse in Phnom Penh, there are several popular areas to choose from, each offering unique advantages. IPS Cambodia can assist you in finding the ideal warehouse in these areas:

Boeung Keng Kang (BKK) 

• A central and accessible hub, BKK1 is renowned for its vibrant commercial activity.
• It is convenient for businesses due to its prime location and accessibility.
• However, it comes with higher costs, limited industrial space, and traffic congestion.
• It is ideal for small-scale storage and distribution points catering to retail businesses.
• It is highly recommended to explore the available warehouses for rent in BKK.

Chamkar Mon

• Chamkar Mon offers a dynamic environment with easy access to markets, dining, and entertainment, making it attractive for businesses looking for an upscale residential and commercial setting.
• The proximity to central business districts comes with higher rental costs and limited large-scale industrial space.

Tonle Bassac 

• With modern developments near the riverside, Tonle Bassac is characterized by a blend of residential and commercial properties, ideal for light storage and distribution hubs that require quick city access.

Toul Tum Poung (Russian Market) 

• Known for its lively market and variety of shops, Russian market provides a more affordable option than central areas, with decent accessibility but limited large industrial conditions.
• It is suitable for small warehouses or distribution centers catering to local businesses.
• It's advisable to explore the available options of warehouse rentals in Toul Tum Poung 2 .

Boeung Trabek

• Close to BKK and offering a quieter setting, Boeung Trabek is more affordable compared to central Phnom Penh and is suitable for mid-sized storage facilities and local distribution centers.

Olympic 

• With its notable sports facilities, Olympic is a hub for sports and recreation-related businesses, offering more affordable options than the city center, though with space limitations for large warehouses.

Daun Penh & Khan 7 Makara 

• Daun Penh and Khan 7 Makara areas are in the heart of Phnom Penh and are known for their mix of residential and commercial activities and high visibility.
• They are not ideal for large industrial needs due to premium costs and traffic congestion but are perfect for premium storage facilities and small-scale logistics. 

Tuol Kork 

• A burgeoning business district, Tuol Kork attracts businesses with its modern infrastructure and space availability, ideal for medium-sized warehouses, corporate storage facilities, and light manufacturing.
• To capitalize on its expanding commercial opportunities, exploring the warehouse rental in the Tuol Kork area is highly advisable.

Meanchey 

• Meanchey offers larger industrial spaces at lower costs, becoming a hub for manufacturing.
• It is further from the city center and has a developing infrastructure but is ideal for large-scale manufacturing, bulk storage, and heavy industries.
• Check out the available warehouse for rent in Khan Meanchey.
• It's advisable to explore the current warehouse rental in Khan Meanchey, aligning with the area's industrial growth.

Russey Keo

• This suburban area has a mix of residential and industrial developments, offering competitive pricing and larger space availability, although it is less developed than central districts.

Sen Sok 

• As a fast-developing district, Sen Sok offers a blend of residential and commercial projects with affordable land and warehouse options, making it suitable for warehousing for various industries, light manufacturing, and distribution centers.
• Examine the available warehouse rental in Sen Sok to capitalize on its growing commercial opportunities.

Por Senchey 

• Adjacent to the Phnom Penh International Airport, Por Senchey is ideal for freight-dependent businesses, with busy and crowded conditions but ideal for airport-linked storage, import/export businesses, and freight-forwarding facilities.
• Considering Por Senchey's proximity to Phnom Penh International Airport, it is advisable to consider the warehouse rental in Por Senchey for businesses in import/export and freight-forwarding.

Chbar Ampov

• On the city outskirts, Chbar Ampov offers spacious properties suitable for larger operations at relatively lower costs.
• The area is suitable for heavy industry, large-scale logistics canters, and bulk storage, with a growing number of commercial establishments and a blend of rural and urban elements.

How IPS Cambodia Can Help to Rent a Warehouse in Phnom Penh?

IPS Cambodia offers comprehensive assistance in securing the perfect warehouse in Phnom Penh for your business needs. Here's how our expertise can streamline your warehouse rental process:

Understanding Your Requirements

• We comprehensively understand your warehouse needs, such as size, location, budget, and specific facility requirements.

Market Expertise

• With our extensive knowledge of Phnom Penh's real estate market, we conduct thorough market research to identify available warehouses that align with your criteria.

Property Viewings

• We schedule property viewings for shortlisted warehouses, allowing you to inspect and assess their suitability personally.

Lease Negotiation

• Our team assists you in negotiating lease terms, including rental rates, lease duration, rental agreement and any specific contractual conditions, ensuring a favorable agreement.

Documentation Guidance

• We guide the required documents and legal considerations for renting a warehouse, ensuring a smooth and compliant process.

Payment Process Assistance

• We offer insights into payment terms and accepted methods, facilitating transparent and secure transactions.

Moving and Setup Support

• For a seamless transition, we recommend trusted moving companies and provided a rental amenities checklist to streamline the moving process.
• Additionally, we assist in setting up utilities and offer tips for optimizing your warehouse space.

Community Integration

• We introduce you to local communities and help you navigate cultural and social norms in your chosen warehouse location.

Post-Rental Services

• Even after securing a warehouse, our support continues.
• We assist with property management services, ensuring a hassle-free rental experience.

Maintenance and Repairs

• In case of issues, we guide you through the reporting process and ensure timely fixes.

Step-By-Step Guide On Renting A Warehouse In Phnom Penh

Step 1 - Consult a Property Expert 

• Contact IPS Cambodia, a reputable real estate agency, to discuss your warehouse requirements, including location, budget, amenities, and preferences.

Step 2 - Specify Your Criteria

• Provide detailed information about your requirements to help the agency match you with suitable warehouse.

Step 3 - Discover Outstanding Rental Options

• The agency will present curated warehouse choices based on your criteria.

Step 4 - Property Viewing and Inspection

• Schedule property viewings and inspect warehouses for condition and amenities.

Step 5 - Negotiate and Extend an Offer

• Collaborate with the agency to negotiate terms and make an offer.

Step 6 - Documents and Legal Considerations

• Our team also provides assistance in managing and facilitating legal document processing services.

Step 7 - Payment Processes

• Clarify payment terms, methods, and financing options.

• Explore our various methods of real estate finance also.

Step 8 - Moving and Settling In 

• Use recommended moving services and follow a checklist before moving-in.

Step 9 - Property Management Post Renting

• Stay in touch with the property management team.

Step 10 - Maintenance and Repair

• Learn the process for reporting issues and expected fix timelines.
• If you plan to request additional furniture or repairs and renovations, be aware that the deposit may increase, as landlords often use it to cover the associated costs.

Explore your warehouse rental options with us and take the first step towards finding your ideal home in Phnom Penh. Our inquiry form ensures quick responses to your queries, making your warehouse search a seamless experience.

Get in touch with our team for every property management assistance.

Explore Premium Warehouse / Factory for Rent in Phnom Penh

Get a comprehensive list of warehouses/factory for rent in different areas of Phnom Penh.

Warehouse / Factory for Rent in Phnom Penh

Frequently Asked Questions