Time Square 9 Condominium

BKK1, BKK – BKK1

Project 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

  • ទីតាំង៖ Street 278, BKK1, Phnom Penh.

  • អ្នកបង្កើតគម្រោង៖ 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 (អាភីអេសខេមបូឌា) 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!

Walkthrough Tour


Features & details

  • Completion Date (Q/Y): Q4 2029
  • Property Features: Air Conditioning, Available for foreign ownership, Loan Available, GRR Available, Developer with Proven Track Record, Flexible Payments
  • Starting Price For Sale ($): $87,984
  • Car Parking Rates: 50 USD/month
  • Total Floors: 39
  • Decoration type: Modern Condo
  • Property Management Fees: $1.8 per sqm
  • Total Construction Area: 1,765
  • Highlights/USP
  • Prime Central Location
  • Iconic Gatsby-Inspired Design
  • High Rental Yield Potential
  • Modern Lifestyle Facilities
  • Nearby Landmarks
  • Independence Monument
  • Boeung Keng Kang (BKK1) District
  • Beds in a unit: 1 to 4-bedroom
  • Unit type: Condo
  • Views: City Views, River Views, Pool Views, Panoramic views
  • Security Features: Reception 24/7, Security Guard 24/7, Non-Flooding
  • Total units: 600
  • Loan Terms Available: 40%
  • Electricity Rates: $0.30
  • Unit Floor areas (net): 40 m² to 130 m²
  • គ្រឿងសង្ហារិម: Unfurnished
  • Project Amenities: Gym/Fitness Center, Car Parking, Moto Parking, Elevators & Lifts, Common Area, Garden, Playground, Swimming Pool, Backup Electricity / Generator, Sky bar, Professional Property Management
  • Sold Rate (%): 54
  • Water Rates: $0.25
  • Price Per Square Meter ($/m2): $2,200
  • Payment Plans
  • 45 months installment
  • Land Title Type: Freehold, Strata Title
  • Construction Progress (%): 0
  • Project Construction Start Date: 2026-07-01
  • Handover Date: 2030-01-01
  • Down Payment Ratio (%): 20%

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    "Gary @ 02/12/2026 04:50"

    I met Juu at the IPS office and we discussed my requirements. Great communication, professional, knowledgeable and friendly. After selecting my apartments from their website (which is excellent), I went back to the office and Juu took me thru the apartment videos, which with her input was invaluable... [Read more]

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    កុម្ភៈ 12, 2026

    "Sue McConville @ 12/22/2025 09:43"

    Thech was very helpful when we were looking for a long term lease. He was very patient as he showed us listing that fit our requirements & then took us to see the short listed apartments. We will definitely recommend Thech to anyone needing an agent... [Read more]

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    កុម្ភៈ 12, 2026

    "John @ 11/11/2025 06:15"

    I was planning on relocating to Siem reap and found IPS had an excellent website to start my search, after finding an apartment that met all my needs I contacted IPS to find out more. Thech replied straight away and said he would go and do a video walk round of the property and surrounding area and email it back to me. Thech’s video was excellent and explained everything I needed to know... [Read more]

    John
    វិច្ឆិកា 11, 2025

    "Jim McMorran @ 09/12/2025 01:09"

    Sreyneang is outstanding. I wanted to do a complicated Zcondo deal and needed a strong realator who could deal with complexity and who could bargain strongly. Sreyneang was able to complete the deal and got me a great deal... [Read more]

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    Thech Thai, IPS Agent, provided profession prodessional service. He showed me many options within my budget and in the areas i was interested in. Once i made a few selection, he took me around to a few the properties... [Read more]

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