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Independent Property Services (IPS) has grown to be the premier real estate company in Cambodia, with offices located in Phnom Penh and Siem Reap, providing premium real estate opportunities and catering to the local and expat market since 2009. Whether it is a new residence, commercial space, or land you seek, our property agents can present you with first-rate choices that fit your budget and lifestyle. IPS manages condominiums for rent, houses for rent, and apartments for rent in Phnom Penh, Siem Reap, and other properties are also available for rent and sale throughout Cambodia.

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IPS Cambodia – Cambodia’s Premier Real Estate Company.
#182, Street 63, BKK1, Phnom Penh, 120102 | #618, Corner Wat Bo Road and Street 24, Siem Reap, 171204

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Sihanoukville’s Skyline Transformed: Time Square 10 Ocean View Breaks Ground, Signifying Major Investor Confidence

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: Bringing Proven Excellence To The Coast

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:

  1. Ocean Crystal
  2. Ocean Gold
  3. Ocean Diamond

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 .

Unparalleled Amenities And Lifestyle

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:

  • A stunning sky-high infinity pool offering breathtaking ocean vistas.
  • An innovative 235-meter running track .
  • A dedicated, luxurious beach club .

Luxury amenities throughout the complex, ensuring a premium lifestyle for all residents and tenants.

Active Time Square Projects And Opportunities

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

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