Time Square 10 in Sihanoukville: The $40,000 Beach Condo That’s Breaking Every Rule
Time Square 10 in Sihanoukville Is Selling Fast — Here’s Why Everyone’s Watching: Mega views, sea views, and real returns — this condo launch flips the script on property in Cambodia.
Time Square 10 – New Condo Development in Sihanoukville just changed everything. Starting at $32,000, this beachfront project offers luxury at prices that seemed impossible just months ago.
Key Takeaways About Time Square 10
1. Prices That Make Your Head Spin
Time Square 10 condos start at just $1,100+ per square meter. That’s crazy cheap for beachfront property. Compare this to Blue Bay Resort, which sold units for $3,500 per square meter. You could buy three Time Square units for the price of one Blue Bay unit.
The cheapest 1-bedroom units cost around $40,000. Most people spend more on a car. A 2-bedroom might cost $80,000. Even 3-bedroom units stay under $120,000. These prices make Sihanoukville real estate accessible to regular people.
2. Three Towers of Pure Beach Life
Megakim World Corp Sihanoukville planned something special. Three towers will hold about 1,000-1,500 units total. Each tower sits on 6,000 square meters of sand. Every unit gets a balcony with sea views.
The buildings offer 1, 2, and 3-bedroom layouts. Studio apartments start at 25 square meters. Big 4-bedroom units reach 150 square meters. All units face the ocean or city. No bad views here.
3. Resort-Style Fun Without Resort Prices
This new condo project Sihanoukville includes amazing stuff. Beach club with rooftop views? Check. Water park for kids? Got it. Sky bar for sunset drinks? Yes. Multiple swimming pools? Of course.
The wellness center has a gym, jacuzzi, and sauna. Kids get playgrounds and splash areas. Adults get co-working spaces. Everyone gets 24/7 security and backup power. It’s like buying into a 5-star resort.
4. Location That Can’t Be Beat
Time Square Sihanoukville sits right on Otres Beach 1. This is the good beach. Clean sand, clear water, fewer crowds than other beaches. Brown Coffee sits next door. Restaurants and shops are walking distance away.
The new highway makes Phnom Penh just 2 hours away. That means weekend trips are easy. The airport connects to Seoul and other Asian cities. Location matters in real estate, and this location rocks.
5. Developer You Can Trust
Megakim real estate project history speaks volumes. They built 8 Time Square towers in Phnom Penh. All got finished on time. All are still standing and full of happy residents.
Megakim has 20+ years in Cambodia. They know how to build here. They know the rules. They deliver what they promise. In a market full of failed projects, this matters a lot.
Why Time Square 10 – New Condo Development in Sihanoukville Matters Now
Cambodia’s Property Market Is Waking Up
Cambodia condo development hit rock bottom in 2020-2022. Too many projects started. Not enough buyers showed up. Prices fell hard. Developers went broke.
But 2025 looks different. Tourism is coming back strong. 2.28 million visitors came in 2023. Government expects 7 million by 2025. More tourists mean more rental demand.
The economy grows 6-7% each year. New jobs create new buyers. Cambodia property investment makes sense again for smart money.
Infrastructure Changes Everything
The Phnom Penh-Sihanoukville Expressway opened in 2022. Travel time dropped from 4 hours to 2 hours. Sihanoukville suddenly became a weekend destination.
The port keeps growing. More cargo ships mean more jobs. The Special Economic Zone has 175 companies and 30,000 workers. These people need homes. Sihanoukville property market benefits from all this growth.
Foreign Money Can Buy Here
Foreign ownership condos Cambodia rules are simple. Foreigners can own up to 70% of units in any building. You get real ownership papers. You can sell anytime. You can rent to anyone.
Many countries don’t let foreigners buy property. Cambodia welcomes foreign investment. This makes Time Square 10 investment opportunity attractive to people from many countries.
Luxury Condos Sihanoukville: How Time Square 10 Compares
The Competition Costs Way More
| Project | Price per sqm | Starting Price | Floors | Units |
|---|---|---|---|---|
| Time Square 10 | $1,100 | $40,000 | 3 towers | 1,000+ |
| Blue Bay Resort | $3,500 | $280,000 | 38 | 800 |
| D'Seaview | $1,830 | $96,000 | 29 | 737 |
| Sunshine Bay | Unknown | $123,000 | 31 | 900 |
Time Square 10 costs less than half of most competitors. Even D’Seaview, the “cheap” option, costs 80% more per square meter.
What You Get for Your Money
Sihanoukville high-rise condo projects usually skimp somewhere. Cheap ones have bad locations. Expensive ones price out normal buyers. Time Square 10 found the sweet spot.
You get direct beach access. You get resort amenities. You get proven developer quality. You get all this at bargain prices. That combination rarely exists.
Comparative Amenities Analysis
| Amenity | Time Square 10 | LZ Sea View Residences | Bay of Lights Condos | Standard Luxury Beachfront |
|---|---|---|---|---|
| Direct Beach Access | ✓ | ✗ | ✓ | ✓ |
| Swimming Pool | Multiple | Single | Multiple | Multiple |
| Fitness Center | ✓ | ✓ | ✓ | ✓ |
| Sky Bar/Rooftop | ✓ | ✓ | ✗ | ✓ |
| Beach Club | ✓ | ✗ | ✓ | ✓ |
| Water Park | ✓ | ✗ | ✗ | ✗ |
| Children's Areas | ✓ | ✗ | ✓ | ✓ |
| Commercial Spaces | ✓ | ✓ | ✓ | ✓ |
| 24/7 Security | ✓ | ✓ | ✓ | ✓ |
| Wellness Center | ✓ | ✗ | ✓ | ✓ |
Buy Condo Sihanoukville: The Money Side
Rental Income Looks Strong
Sihanoukville condominium units can make good rental money. Similar projects advertise 8-9% annual returns. With tourism growing, those numbers seem realistic.
Short-term rentals work well here. Weekend guests from Phnom Penh pay premium rates. Foreign tourists stay longer and pay well. Holiday seasons bring peak pricing.
A $50,000 condo earning 8% annual return makes $4,000 per year. That’s $333 per month in rental income. Not bad for a small investment.
Capital Growth Potential
Time Square 10 tower units bought now should grow in value. The project finishes around 2027-2028. By then, tourism should hit full stride. Infrastructure projects will be complete.
Experts predict 25-35% value growth from purchase to completion. A $50,000 unit might be worth $65,000-70,000 when finished. Plus you collect rent the whole time.
Payment Plans Make It Easy
Megakim property listings include flexible payment options. Put down just 20% to start. Pay the rest in monthly payments with no interest. Some buyers get 40% financing for up to 10 years.
A $50,000 condo needs $10,000 down. Monthly payments of $500-800 cover the balance. Most people can handle these payments. This makes ownership accessible to more buyers.
Time Square 10 – New Condo Development in Sihanoukville: What Could Go Wrong
Market Risks Are Real
Sihanoukville new housing still faces oversupply issues. About 1,000 unfinished projects dot the landscape. Many developers went broke during the casino bust. Empty buildings create price pressure.
If tourism doesn’t recover as expected, rental rates suffer. If the economy slows down, local buyers disappear. Cambodia housing market remains somewhat unpredictable.
Location Risks Matter
Sihanoukville has a wild reputation. The casino boom brought crime and chaos. The government cracked down hard. Things are calmer now, but image problems linger.
Natural disasters can hit coastal areas. Flooding, storms, and erosion affect beach properties. Insurance might be expensive or hard to get.
Developer Risks Exist
Even good developers can have problems. Construction delays happen. Cost overruns occur. Market changes can force project modifications. Megakim World real estate has a good track record, but nothing is guaranteed.
New Residential Projects Sihanoukville: The Bigger Picture
Cambodia’s Growth Story
Cambodia grows faster than most countries. Young population. Rising incomes. Growing middle class. More people want better housing.
The government supports real estate investment. Cambodia’s 2025 property tax incentives make buying attractive. Foreign investment rules stay friendly.
Sihanoukville’s Transformation
Sihanoukville city development shifted from casinos to tourism and industry. This creates a more stable economic base. Less boom-bust cycles. More steady growth.
The city is young and growing fast. Infrastructure improves constantly. New airport terminals. Expanded ports. Better roads. All this supports property values.
Regional Competition
Other Southeast Asian beach destinations cost much more. Thailand’s beach condos start at $150,000+. Vietnam’s coastal cities price out many buyers. Time Square Cambodia offers comparable lifestyle at much lower cost.
Time Square 10 Pre-sale: How to Buy Smart
Do Your Homework First
Research foreign property ownership rules carefully. Understand what you can and can’t do. Get proper legal advice before signing anything.
Check the developer’s track record thoroughly. Visit their other projects. Talk to current owners. Verify all claims about amenities and completion dates.
Financing and Taxes
Understand all costs upfront. Purchase taxes. Annual fees. Maintenance costs. Property management fees. These add up over time.
If you need financing, shop around. Different banks offer different terms. Consider currency risks if you earn income in other currencies.
Timing Your Purchase
Condo launch Sihanoukville projects often offer early-bird pricing. The longer you wait, the higher prices might go. But rushing into big purchases is also risky.
Consider buying during construction phases. Prices usually rise as completion approaches. Early buyers often get the best deals and unit selection.
Sihanoukville Urban Growth: What Happens Next
Infrastructure Pipeline
Major projects will finish by 2026-2027. Port expansions. Airport improvements. New power plants. These create jobs and attract more residents.
Better infrastructure makes Time Square 10 – New Condo Development in Sihanoukville more attractive. Easier access. More reliable utilities. Higher property values.
Tourism Recovery Timeline
Industry experts predict full tourism recovery by 2026. That’s when rental income should peak. Property values should follow tourism numbers up.
Smart investors position themselves before the recovery completes. Early buyers catch the full wave of growth.
Long-term Outlook
Sihanoukville construction projects will slow down after the current oversupply clears. Less new supply means more demand for existing projects like Time Square 10.
Cambodia’s economy should keep growing 6-7% annually. Rising incomes create more property buyers. Time Square 10 pricing looks like a bargain compared to future market rates.
Final Thoughts: Why Time Square 10 – New Condo Development in Sihanoukville Stands Out
After reviewing all the data, Time Square 10 offers something rare: quality beach property at prices normal people can afford. The combination of proven developer, prime location, and aggressive pricing creates a compelling opportunity.
The risks are real but manageable. Smart buyers who do proper research and buy within their means should do well. The key is thinking long-term and not expecting quick profits.
Here’s your action plan:
- Research thoroughly – Visit the sales office and other Megakim projects
- Get legal help – Use qualified lawyers familiar with foreign property purchases
- Start small – Consider one unit first before buying multiple properties
- Plan for costs – Budget for taxes, fees, and maintenance beyond the purchase price
- Think rental strategy – Research property management companies and rental platforms
Ready to learn more? Contact our team for detailed information and site visits.
Useful Resources
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