New Market aka Central Market in Phnom Penh, Cambodia This unique Art Deco building is a Phnom Penh landmark. Prior to 1935, the area was a lake that received runoff during the rainy season. The lake was drained and the market begin its construction in 1935 and completed in 1937. Wet season flooding in the area around the market is vestigial evidence of the existence of the old lake. The entrance to the market is lined with souvenir merchants hawking everything from T-shirts and postcards to silver curios and kramas. Inside is a dazzling display of jewels and gold. Electronic goods, stationery, secondhand clothes and flowers are also in ample supply.