For Sale

Time Square 9 Condominium

Phnom Penh > BKK > BKK1
Starting from:
$87,984
$2,200/sqm
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Time Square 9 Condominium

Project Overview

Total units
Total units
600
Unit type
Unit type
Condo
Total Floors
Total Floors
39
Beds in a unit
Beds in a unit
1 to 4-bedroom
Unit Floor Area
Unit Floor Area
40 m² to 130 m²
Decoration type
Decoration type
Modern Condo
Title
Title
Freehold, Strata Title
Total Land Size
Total Land Size
1,765
Completion
Completion
Q4 2029
Construction Start
Construction Start
July 1, 2026
Handover
Handover
January 1, 2030
Sold Rate
Sold Rate
54%
Construction Progress
Construction Progress
0%
Project Code
Project Code
50
Updated on
Updated on
January 8, 2026
Developer

Description

Time Square 9 Condominium on Street 278, BKK1, represents the next chapter of luxury living in Phnom Penh’s most exclusive residential district. Known as The Gatsby Residence, this landmark development by Megakim World Corp blends modern structural design with the timeless elegance of the 1920s. Rising 36 stories above the city, it offers a residential experience that transforms urban living into a statement of success and identity. 

Project Specifications

  • Location: Street 278, BKK1, Phnom Penh.

  • Developer: Megakim World Corp.

  • Building Height: 36 stories.

  • Total Units: 600 residences.

  • Architecture: 1920s Art Deco "Gatsby" design.

Market Value & Pricing

  • Starting Price: From $2,200/sqm.

  • District Benchmark: BKK1 condos average $2,500 – $4,000/sqm.

  • Land Value Context: Local land prices exceed $7,000/sqm.

  • Investment Edge: Currently the most competitive entry price in Phnom Penh’s primary residential district.

Returns & ROI

  • Rental Yield: Projected 6.5% – 8.5% net yield per year.

  • Capital Growth: High appreciation potential due to the low entry-to-market-value ratio.

  • Ownership: Full Strata Title available for international and local buyers.

Structured Payment Terms

  • Down Payment: 10% – 20% initial deposit.

  • Installment Plan: 40 months interest-free (linked to construction milestones).

  • Completion Balance: 40% due at handover.

  • Extended Financing: Handover balance can be financed for up to 10 years.

Amenities & Facilities

  • Rooftop: Infinity pool and designer sky bar with 360° city views.

  • Fitness: State-of-the-art gym and wellness center.

  • Social: On-site restaurant, resident lounge, and landscaped gardens.

  • Security & Service: 24/7 reception, 24/7 security, and multi-level car parking.

Location Advantage

  • Strategic Hub: Walking distance to major embassies, international schools, and medical centers.

  • Lifestyle: Situated in the heart of BKK1’s premium dining and coffee culture.

  • Proximity: Minutes to Independence Monument and the Riverside district.

IPS Full-Scope Investment Management

IPS Cambodia delivers a truly passive investment experience for overseas buyers through a comprehensive management suite:

  • Legal & Due Diligence: Expert scrutiny of legal documents, purchase due diligence, title transfers, and property tax management.

  • Financial Reporting: Monthly financial statements provided to all owners.

  • Global Fund Access: Net rents are banked directly into your local account, accessible worldwide via Visa or Mastercard.

  • Lease Acquisition: Professional marketing and vetting to secure high-quality corporate and expatriate tenants.

  • Comprehensive Maintenance: Monthly fees include basic in-house repairs and preventative maintenance programs to minimize disruptions.

  • Transparent Sourcing: No margins applied when sourcing replacement furniture, fittings, or equipment for your unit.

  • Exit Strategy: Full re-sale marketing and sales support to maximize capital appreciation when you choose to exit.

    Contact IPS Cambodia today to secure your best deal!

Real Estate License No. EV-12-096

Time Square 9 Condominium Information

Highlights

Prime Central Location
Iconic Gatsby-Inspired Design
High Rental Yield Potential
Modern Lifestyle Facilities

Features

Air Conditioning
Available for foreign ownership
Loan Available
GRR Available
Developer with Proven Track Record
Flexible Payments

Security Features

Reception 24/7
Security Guard 24/7
Non-Flooding

Amenities

Gym/Fitness Center
Car Parking
Moto Parking
Elevators & Lifts
Common Area
Garden
Playground
Swimming Pool
Backup Electricity / Generator
Sky bar
Professional Property Management

Views

City Views
River Views
Pool Views
Panoramic views

Nearby Landmarks

Independence Monument
Boeung Keng Kang (BKK1) District

FAQs

Answers to common questions about Time Square 9 Condominium.

What makes Time Square 9 unique in Phnom Penh?

Time Square 9 stands out as a luxury Art Deco–inspired condominium in the heart of BKK1, offering premium city views, modern amenities, international design standards, and highly attractive prices starting from $1,700/sqm. Its location on Street 278 places residents steps from cafés, malls, embassies, hospitals, and international schools.

Where is Time Square 9 located?

The project is positioned on Street 278, BKK1, Phnom Penh, one of the most premium residential and commercial addresses in Cambodia. It sits within easy access to Independence Monument, AEON Mall, Norodom Boulevard, and the city’s leading lifestyle hubs.

What types of units are available?

Time Square 9 offers a wide range of floor plans including 1, 2, 3, and 4-bedroom residences. Unit sizes start from 57sqm for one-bedroom layouts and extend to large family-sized sky homes.

What is the starting price for units at Time Square 9?

Unit pricing begins from $1,700 per square metre, making it one of the most competitive luxury condominium opportunities in BKK1.

Who is the developer of Time Square 9?

The project is developed by Megakim World Corp, a trusted brand with multiple completed and ongoing projects across Phnom Penh.

Is Time Square 9 a good investment?

Yes. BKK1 is Phnom Penh’s most in-demand residential district, with strong rental demand from expatriates and multinational professionals. The pricing structure, rental potential, and location make this project attractive for long-term growth and capital appreciation.

What lifestyle amenities are available?

Residents will enjoy premium facilities including a rooftop swimming pool, sky bar, gym, play areas, landscaped green zones, security systems, concierge services, and high-quality interior finishes.

Can foreign buyers purchase units in Time Square 9?

Yes. Foreign nationals can purchase condominium units freely, with guaranteed strata title ownership conditions.

When does construction start and finish?

Construction for Time Square 9 is scheduled to begin in 2026. The estimated completion period is 40 months from the official construction start date, with handover timelines to be confirmed as development progresses.

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Financials

Starting Price:
$87,984 
Price Per sqm:
$2,200 
Downpayment (%):
20% 
Loan Terms Available:
40% 
Management Fees:
$1.8 per sqm 
Parking Rates:
50 USD/month 
Electricity:
$0.30 
Water:
$0.25 
Payment Plans:
 
45 months installment

Progress

Sold Rate
 
54%
Construction Progress
 
0%

Request Info

+855 77 959 861

    Available Units

    Units for Sale (5)

    News about Time Square 9 Condominium

    Developer

    MegaKim World Corp Ltd

    MegaKim World Corp Ltd

    MegaKim World Corp Ltd is a premier Cambodian real estate developer that has become synonymous with urban innovation and investor trust through its iconic Time Square series. Since its establishment in 2011, the company has carved out a dominant market position by consistently delivering high-quality residential and mixed-use projects that bridge the gap between "affordable luxury" and high-growth investment potential. MegaKim stands out for its exceptional track record of on-time delivery and financial stability, earning prestigious accolades such as "Best Developer of Affordable Condominiums" at the Dot Property Southeast Asia Awards 2025....

    View MegaKim World Corp Ltd profile on IPS Cambodia