Author: Lyheng Thoeun
Published: 2025-12-09
Categories: Cambodia News, Commercial Real Estate, Investor Guide, Lifestyle Guide
The vibrant coastal city of Sihanoukville, Cambodia, celebrated a major new chapter in its large-scale urban development with the official Groundbreaking Ceremony for Time Square 10 Ocean View on December 4, 2025. This milestone event initiates the construction of a spectacular new 39-floor luxury condominium complex set on the highly sought-after shores of Otres Beach, marking a significant entry into the booming coastal property market.
Megakim World Corp , an acclaimed property developer recognized for its successful and timely delivery of numerous Time Square projects in Phnom Penh , is now extending its proven track record to Cambodia’s fastest-growing coastal hub.
The Time Square 10 (TS10) project is ambitious, slated to deliver 1,300 modern luxury residential units across three distinctive, ocean-themed towers:
These towers will offer a versatile selection of 1- to 4-bedroom layouts. The residences are meticulously designed to cater to both high-end resort-style living and robust property investment strategies, providing truly affordable sea view condos in Sihanoukville .
Setting a new standard for luxury coastal residences, TS10 will feature an array of world-class amenities designed to maximize the beachfront experience and investment value:
Luxury amenities throughout the complex, ensuring a premium lifestyle for all residents and tenants.
The official start of TS10’s construction highlights the momentum of the developer’s full portfolio. Below are the key active Time Square projects available for investment:
| Project Name | Location | Completion |
| Time Square 1 | BKK1, Phnom Penh | 2017 |
| Time Square 2 | TK, Phnom Penh | 2021 |
| Time Square 3 | TK, Phnom Penh | 2023 |
| Time Square 4 | Por Senchey, Phnom Penh | 2019 |
| Time Square 5 (Time Square 306) | BKK1, Phnom Penh | 2025 |
| Time Square 6 (Time Square 302) | BKK1, Phnom Penh | Q1 2027 |
| Time Square 7 | TK, Phnom Penh | 2028 |
| Time Square 8 | TTP1, Phnom Penh | 2028 |
| Time Square 10 Ocean View | Sihanoukville | 2029 |
The General Department of Taxation (GDT) has officially announced a further postponement of the implementation of Capital Gains Tax on real estate. This decision comes as a strategic move by the Royal Government to continue supporting the recovery of the property sector and to ease the financial burden on taxpayers…
For years, Sihanoukville carried the weight of its own reputation. It rose almost overnight, shaped by casinos, rapid construction, and an influx of foreign capital. Then the momentum collapsed. Towers stalled. Streets emptied