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Ready for the beach? Time Square 10 Otres Beach 1, Sihanoukville, preparing for launch in 2025

Author: James Whitehead

Published: 2025-04-30

Categories: Cambodia News, IPS News, Property Market news

MegaKim World Corp Ltd., the developer of the numerous Time Square Residential Series in Phnom Penh, is expanding its portfolio this year and bringing some exciting new investment options to the Cambodian new developments market.

The company has announced the launch of a new condominium project along the famous Otres Beach 1 in Cambodia’s prime beachside city of Sihanoukville.

Time Square 10 (Otres Beach) project will feature close to 1,000 residential condominium units, across three towers, each equipped with a balcony offering majestic sea views across the Sihanoukville coastline . The project will also include resort-style common areas and amenities, swimming pools, sky bar, water park, beach club, and children’s play areas.

Time Square 10, MegaKim Corp’s 10 th project since opening shop in Cambodia in 2011, seeks to capitalize on the rising demand for premium coastal apartments in Sihanoukville, as the coastal city continues to develop as both an international tourism hub, and a fast-growing industrial corridor and international manufacturing investment zone.

The launch of the Sihanoukville based project, Time Square 10, underlines Megakim World Corps’s drive to diversifying its nationwide developments portfolio across both urban and leisure sectors.

One reason for Megakim Corps prolific construction record in recent years is the firm’s commitment to affordability, which has played an important role in restoring buyer confidence following a significant dip in the overall condo investments market following the covid-19 pandemic period.

The various Time Square projects in Phnom Penh offer affordable unit offerings to both local and international investors, with high-quality construction and amenities in prime locations.

Check out Time Square 8 (Russian Market) , Time Square 7 (Toul Kork) and Time Square 6 (302) in Phnom Penh, for instance.

Time Square 10 - IPS Cambodia

The new launch in Sihanoukville follows the same winning formula.

Prices within the Time Square 10 (Otres Beach) project will start at $1000 per square meter, with total unit prices as low as $4X ,XXX.

Meanwhile, the location of the Time Square 10 project in Sihanoukville is the best in the city, located along the most-popular Otres 1 Beach, next to Brown’s Café and a host of renowned beachside restaurants, shopping centers and other useful amenities.

As well as epic views of the beach from the upper floors, the project also allows just a short stroll for residents to arrive at the beachfront promenade.

Time Square 10 will be the perfect vacation property investment, and a strong asset for vacation rentals income into the future. With strata title assured, the project is open to both local and international investors.

However, given the excellent price and location, expect Time Square 10 to sell out very fast!

Want First Pick At Time Square 10?

Check out theTime Square 10 Otres 1full listing details and inquire today!

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