New Central Market (Phsar Thmey):
Around the main buildings are stalls offering Krama's (red and white checked scarves), stationery, household items, clothes for sarongs, flowers and second hand clothes, usually from Europe and the US. For photographers, the fresh food section affords a lot of opportunities. There are a host of good value food stalls on the structure's western side, which faces Monivong Blvd. Central Market is undoubtedly one of the best of Phnom Penh's markets for browsing. It is the cleanest and has the widest range of products for sale. Opening hours are from early morning until early evening.
Tuol Tom Pong Market (Russian market):
More commonly referred to by foreigners as the Russian Market, this is located at the corner of St. 440 and st.163, south of Mao Tse Tung Blvd. It is the best place in town for souvenir shopping, having a large range of real and fake antiquities. Items for sale include miniature Buddha's, silk, silver jewelry, gems, video, ganja and a host of other goodies. Clothes such as t-shirts, trousers, jackets or shoes are very reasonable. It's well worth popping in for a browse.
Psar O Russei:
Don't be confused with the Russian Market, it's not that one even if it sounds like. The market is located in a huge yellow-bleached house looking like a shopping mall from outside next to Capitol Tours, east from the Olympic Stadium and closed to the Monivong Blvd. It features almost all kind of products focusing on luxury foodstuffs, costume jewellery, imported toiletries, second-hand and new clothes, and some electrical devises. Once you enter it you'll find a kind of labyrinth with hundreds of small overloaded stalls. It's worth popping in if you want to experience an older Khmer-style market.