Cambodia Investment Review
A VIP corporate night was recently held at Sathapana Tower, Phnom Penh’s latest A-Grade tower, CBRE Cambodia, the exclusive leasing agent and property manager for this project, hosted the event to highlight the opportunities awaiting prospective tenants in its prime location.
This event also brought together several of Phnom Penh’s leading business figures, influential professionals, and property stakeholders and showcased the dedication and expertise of the CBRE Cambodia team, demonstrating their commitment to providing the best service and tailored solutions to potential tenants.
Designed with international standards
Lawrence Lennon, CBRE Cambodia Country Director, expressed his enthusiasm about the Sathapana Tower. “This Tower stands as a great example of commercial real estate in Cambodia. It is not just a building, but a statement of class, comfort, and security. Its prime location, exquisite fit-out, proficient management, and top-tier design make it one the best in Phnom Penh’s property market,” Lennon said at the event.
Lennon further added the unique selling points of the Tower. “Designed with international standards in mind, Sathapana Tower is perfectly suited for both local and multinational companies seeking a mix of prime services, quality, and innovative technology,” he said. He emphasized the security measures in place, with state-of-the-art fire safety systems and a three-tier security framework to ensure a safe working environment.
The Tower is strategically located in the heart of Phnom Penh’s Central Business District on the prestigious Preah Norodom Boulevard, providing a prime address in the financial hub. It offers 17,951 square meters of space across 19 storeys, with Sathapana Bank currently occupying approximately 60% of the building as its new headquarters. The remaining space is available for lease, promising to provide an exceptional working environment to its future occupiers.
Accommodating diverse business needs
Leasing at Sathapana Tower is priced at $28 per square meter with a $5 management fee. Contracts start with a minimum 3-year lease, and spaces are customizable starting from 113 square meters.
The Tower has been thoughtfully designed to accommodate diverse business needs, offering large office spaces spanning an entire floor with a column-free floorplate of 933 net leasable area for $26,124 per month. It also provides smaller, flexible spaces starting from 113 sqm at $3,164 per month, ideal for representation offices or businesses looking to establish a high-end presence.
For businesses desiring to create a unique atmosphere, the whole top floor of the tower is available for $12,000 per month. It offers an impressive high ceiling and an opportunity for a sky bar, a sky restaurant, or a coworking space with an unrivaled view over the city.
For more about the available leasing opportunities at Sathapana Tower, visit https://www.sathapana-tower.com/.