Megakim World Corp., the development firm behind the Time Square condominium series, has been operating since 2011 in Cambodia with a very strong track record of completing projects on schedule, to high quality specifications.
Below is a summary of the developer’s current project portfolio in Cambodia, with prime condominium offerings in both Phnom Penh and Sihanoukville, 100% applicable for foreign ownership:
- Time Square 1, BKK1 – Completed in 2017
Time Square 1 is a 17-storey project in BKK1 district, Phnom Penh, including 78 one- and two-bedroom units. The project is primely located and includes hotel-standard amenities. The project is currently at around 85% total occupancy as of 2025.
- Time Square 2, Toul Kork– Completed in 2021
Located in Toul Kork district of Phnom Penh, this 30-storey condominium project offers spacious 1-3 bedroom units with modern interior designs and amenities.
- Time Square 3– Completed in 2023
Time Square 3 is a 25-storey mixed-use development in the heart of Toul Kork district, Phnom Penh. The project includes 280 residential units and commercial spaces. The project is currently at around 85% total occupancy as of 2025.
- Time Square 306 (Time Square 5)– Completion Expected 2025
Otherwise known as Time Square 306, Time Square 5 is located in Phnom Penh’s BKK1 district. The project is 45-storeys high and includes 350 units with amenities like a gym, infinity pool, and sky-garden deck. A perfect spot for corporate tenants, and those that want to live in the heart of Phnom Penh’s most popular expatriate zone.
- Time Square 302 (Time Square 6)– Completion Expected 2027
Time Square 6, better known as Time Square 302, is a 48-storey residential tower in BKK1, featuring one and two-bedroom units, and luxurious built in amenities. The project is currently under construction and is scheduled for handover to buyers in 2027.

- Time Square 7– Completion Expected 2028 (now pre-selling)
Time Square 7 launched construction in 2024. Once completed, the project will be 49-storey high and primely located in Toul Kork district (around 2 minutes from Time Square 3 location), offering 700 modern luxury condos with 1-3 bedrooms. The project is near a wide range of shopping centers and educational institutions (in the capital city’s University district, and a short drive to the CBD). Foundation work is ongoing and will be completed in 2025. The project is already 80% sold out.
- Time Square 8– Completion Expected 2028 (now pre-selling)
Located in Toul Tum Poung 1, better known as the Russian Market area of Phnom Penh, this 50-storey condo offers 700 units with premium amenities, just minutes away from BKK1 and the CBD. Russian Market is a quiet and multicultural location, ideal for inner-city living. The project is already 75% sold out, having launched construction in April 2025.
- Time Square 9 ‘Gatsby BKK1’ – Launching sales and construction in 2025 (pre-sales opening soon)
Inspired by 1920s nostalgia, Time Square 9 Gatsby BKK1 will offer stylish and comfortable living spaces, with a prime location in the capital’s BKK1 district. While the location of Time Square 9 is now confirmed, the exact launch dates of this project are yet to be confirmed, along with pricing and other details.
- Time Square 10 Otres 1 Beach Sihanoukville – Launching sales and construction in 2025 (pre-sales opening soon)
Time Square 10 Otres 1, Sihanoukville, is set to launch in mid-2025, and will offer ocean-view condos with prices starting from $1000 p/m2. The project represents Time Square’s first coastal project, with a prime location on one of Sihanoukville’s most serene and coveted beaches.
Interested in investing in one of Megakim World Corp’s latest projects?
Get in touch with IPS Cambodia today to find out why both local and foreign investors love the Time Square condo series – and secure your unit!
• Introduction to Cambodia
» Introduction to Phnom Penh
» Introduction to Siem Reap
» Monarchy & Government
• Tourism & Residency
» Thriving Tourism Industry
» Visas in Cambodia
• Healthcare & Education
» Healthcare in Cambodia
» Education in Cambodia
» International Schools in Cambodia
• Technology
» The Rise of Technology in Cambodia
• Why invest in property in Cambodia?
• Why Invest in Condominiums?
» Condo Ownership Journey in Cambodia
• Why Phnom Penh is SEA’s New Real Estate Hotspot
• Cambodian Property Tax Guide
• Can Foreigners Own Land in Cambodia?
• Understanding Cambodian Property Titles
» Strata Title: Background, Benefits, Legal Value
• The IPS Cambodia Advantage
» Why Choose IPS?