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 blueprint for Phnom Penh’s expansion is moving eastward. On January 28, 2026, the Ministry of Public Works and Transport (MPWT) convened a high-level meeting to accelerate the study and construction of the much-anticipated bridge connecting Koh Norea to the Mekong Quay (Mekong City) satellite area in Arey Ksat.
Phnom Penh’s most prestigious residential district is set to welcome another standout development with the introduction of Le Condé 2, a 60-storey luxury condominium poised to enhance the skyline of BKK1 (Boeung Keng Kang 1). Following the successful delivery of Le Condé 1 (Le Condé BKK1), this highly anticipated project continues the developer’s vision of refined urban living, offering a premium lifestyle combined with strong long-term investment appeal in the city’s most sought-after location.
Over the last decade, Phnom Penh’s skyline has changed dramatically. But if you want to see where the real “new” Phnom Penh is being built, you have to look toward the water. Phnom Penh is one of the few capital cities in the world defined by the meeting of three major rivers: the Mekong, the Tonle Sap, and the Bassac. Historically, these rivers were the lifeblood of trade; today, they are the driving force behind the city’s most prestigious real estate.