Time Square 9 Phnom Penh – The $80M Building That Just Changed Everything About Luxury Living in Cambodia

Time Square 9 Phnom Penh – What’s Inside Time Square 9 Will Blow Your Mind—Offices, Condos, and Rooftop Views That Feel Illegal at This Price!

Thought You’d Have a Rooftop Pool and a Home Office? Think Again. 👉 How Time Square 9 Phnom Penh Solves the “Champagne Taste, Beer Budget” Struggle—Without Crushing Your Wallet

Time Square 9 Phnom Penh is the newest luxury condo project by award-winning developer Megakim World Corp, launching in 2025 in the prime BKK1 district. This Gatsby-inspired 36-story tower offers art-deco design, wellness amenities, and panoramic city views, making Time Square 9 Phnom Penh one of Cambodia’s most exciting real estate investments with projected 6-8% annual returns.

Overview

Time Square 9 Phnom Penh is a luxury condominium development launching in 2025 in Cambodia’s capital city. It refers to the latest project by Megakim World Corp, Cambodia’s Best Condominium Developer of 2024, and it’s most relevant for investors and homebuyers seeking premium urban living in Southeast Asia.

This 36-story tower brings 1920s Gatsby glamour to modern Phnom Penh, offering art-deco inspired design and five-star amenities. The main things to know include:

• Located in BKK1, Phnom Penh’s most prestigious district
• Features 500 luxury apartments with panoramic city views
• Expected completion by 2029 with pre-sales starting 2025
• Projected 6-8% annual rental yields and strong capital growth

Overall, it helps buyers access Cambodia’s booming real estate market while enjoying luxury lifestyle amenities in the heart of Southeast Asia’s fastest-growing capital.

Quick Summary

Time Square 9 Phnom Penh represents a $80 million investment in Cambodia’s luxury real estate sector, with 78% of similar projects by the same developer selling rapidly in pre-construction phases. This luxury condo Phnom Penh project targets the growing demand from foreign investors who make up 82% of Cambodia’s condo purchases. Key features include wellness-focused amenities, smart home technology, and strategic positioning in BKK1 condo Phnom Penh area near embassies and international schools. Market data shows Phnom Penh real estate prices rising from $2,650 to $2,922 per square meter by 2027, with rental yields remaining strong at 6-8% annually. Cambodia’s GDP growth of 5.5-6.3% through 2027 supports long-term investment returns for buyers seeking condo investment Phnom Penh opportunities.

Comparative Regional Analysis

Cambodia’s investment fundamentals demonstrate competitive advantages across multiple metrics when compared to established Southeast Asian markets:

 

Why Time Square 9 Phnom Penh Is Breaking All the Rules

You know what’s crazy? Most people think luxury living in Southeast Asia costs a fortune. But Time Square 9 Phnom Penh is about to change that game completely.

This isn’t just another boring apartment building. It’s a 36-story masterpiece that brings the roaring twenties to modern Cambodia. The developer, Megakim World Corp, just won “Best Condominium Developer of 2024” for a reason.

Picture this: You wake up in your art-deco styled apartment. Floor-to-ceiling windows show you the entire city. Your morning coffee tastes better when you’re looking at Phnom Penh’s skyline from the 20th floor.

The Time Square Phnom Penh series has been making waves since 2017. Time Square 8 sold 78% of its units before construction even finished. That’s not luck – that’s serious market demand.

Phnom Penh real estate is growing fast. Really fast. Condo prices are jumping from $2,650 per square meter in 2025 to $2,922 by 2027. That’s a 10% increase in just two years.

But here’s the best part: Time Square 9 condo units start during pre-construction pricing. Smart buyers who get in early typically see the biggest returns.

Key Takeaways That Will Make You Want to Pack Your Bags

1. Location That Actually Matters More Than You Think

BKK1 condo Phnom Penh area isn’t just fancy marketing talk. This district hosts foreign embassies, international schools, and the city’s best restaurants. Walking to work? Many residents do exactly that. The Independence Monument sits just minutes away. AEON Mall provides shopping and entertainment right next door. Embassy Row means your neighbors include diplomats and business executives. This location keeps property values stable even when other areas struggle. Most expat housing Phnom Penh options cost more but offer less convenience than Time Square 9’s prime position.

2. Developer Track Record That Speaks Louder Than Marketing

Megakim World Corp doesn’t just build buildings – they create communities. Time Square development group has delivered seven successful projects already. Time Square 8 achieved 90% occupancy within its first year. Their on-time delivery rate exceeds industry standards at 95%. Customer satisfaction scores remain consistently high across all completed projects. The company’s 12-year presence in Cambodia shows serious commitment, not quick profits. Time Square Cambodia projects typically appreciate 15-20% faster than competitors during the first three years. This track record matters when you’re investing your hard-earned money in new condo project Phnom Penh developments.

3. Amenities That Make Hotel Living Look Basic

Time Square 9 amenities read like a luxury resort brochure. The sky garden spans multiple floors with meditation zones and herb gardens. Fitness studios offer personal training and group classes. The infinity pool provides city views that change throughout the day. Co-working spaces feature high-speed internet and printing services. Children’s play areas keep families happy and engaged. A sky bar serves cocktails while you watch the sunset over Cambodia’s capital. Concierge services handle everything from grocery delivery to travel bookings. These aren’t just nice-to-have features – they’re what modern urban living Phnom Penh residents expect and demand.

4. Investment Numbers That Actually Make Sense

Condo investment Phnom Penh returns consistently outperform regional markets. Rental yields range from 6-8% annually for well-located properties. Time Square 9 units target the upper end of this range due to premium positioning. Capital appreciation averages 5-10% yearly in established districts like BKK1. Foreign ownership reaches 82% of total purchases, showing strong international demand. Pre-construction buyers typically save 10-15% compared to completed unit prices. Payment plans allow flexible purchasing with staged payments over construction periods. Market fundamentals support these returns through Cambodia’s 5.5-6.3% GDP growth projections. Smart investors often recover their initial investment within 8-10 years through combined rental income and appreciation.

5. Design That Actually Respects Cambodia’s Culture

Time Square 9 Phnom Penh brings 1920s Gatsby glamour to Southeast Asian sensibilities. Art-deco elements blend with tropical architecture principles. High ceilings and large windows maximize natural light and air circulation. Traditional Khmer design motifs appear in lobby areas and common spaces. Materials selection emphasizes sustainability and local sourcing where possible. Unit layouts consider extended family living patterns common in Cambodian culture. Balconies provide outdoor space for social gatherings and relaxation. The overall aesthetic appeals to both international buyers and local preferences. This cultural sensitivity helps maintain long-term property values and community harmony.

6. Market Timing That Rarely Comes Around

Phnom Penh property market conditions favor buyers right now. Q1 2025 showed modest absorption with developers offering flexible terms. Infrastructure projects like Techo International Airport near completion. New bridge construction improves connectivity across the city. Cambodia’s 2025 property tax incentives benefit first-time buyers significantly. Currency stability through USD denomination reduces exchange rate risks. Real estate Phnom Penh 2025 outlook remains positive despite global economic uncertainties. Supply and demand balance supports sustainable growth rather than speculative bubbles. Early buyers in quality projects typically see the strongest returns as markets mature.

   

The Real Story Behind Cambodia’s Property Boom

Cambodia isn’t just another emerging market anymore. The country has become Southeast Asia’s fastest-growing real estate destination.

Foreigner buying property in Phnom Penh used to be complicated. Not anymore. The government allows foreign ownership of up to 70% of units in any condo building. That’s more liberal than Thailand, Vietnam, or the Philippines.

The numbers tell an incredible story. Cambodia’s condo market grew from just 178 units in 2009 to over 80,000 units by 2025. That’s a 450x increase in less than two decades.

Phnom Penh city center condos command premium prices for good reason. The capital city hosts major corporations, government offices, and international organizations. Embassy Row brings steady demand from diplomatic staff and expatriate workers.

Tourism recovery drives additional demand. Siem Reap and Sihanoukville markets show 8-12% rental yields thanks to visitor arrivals. Condo for rent Phnom Penh markets benefit from business travel and short-term stays.

In detail, historical yield progression shows:

• 2014-2016: 10-12% yields during market development phase
• 2017-2019: 8-10% yields as market matured
• 2020-2021: 6-8% yields during pandemic adjustment
• 2022-2025: 6-7% average yields with premium locations at 7.5%
• 2025-2027 Projection: 6.5-7.5% for Phnom Penh, 7.5-8.5% for tourism areas

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16 Case Studies That Prove Cambodia’s Condo Market Works

1. Time Square 8 Phnom Penh: The Proof of Concept

Time Square 8 changed everything for Megakim World Corp. This 50-story tower in Toul Tom Pong sold 78% of units before reaching 5% construction completion.

Specification Details

1. Height 50 stories
2. Location Toul Tom Pong, Chamkarmon
3. Unit Sizes 47-111 sqm
4. Price Range $71,225-168,905
5. Average Price/sqm $1,468
6. Rental Yield 7% projected
7. Ownership Freehold strata-title

Real-world applications:

• Rapid pre-sales validated developer credibility
• Strategic location near Russian Market attracted diverse buyers
• Hotel-style amenities created premium lifestyle positioning
• Flexible payment plans made luxury accessible to more buyers

Measurable outcomes:

• 78% sales rate within first quarter of launch
• 90% occupancy achieved within 12 months of completion
• Rental yields averaging 7% annually for investor units
• Property appreciation of 12% over two years post-completion

Lessons learned:

• Prime location beats flashy marketing every time
• Developer reputation drives buyer confidence more than unit pricing
• Comprehensive amenities justify premium pricing in competitive markets
• Early bird pricing creates urgency and momentum for project sales

2. J Tower 3 Phnom Penh: Height Has Its Privileges

J Tower 3 stands 310.5 meters tall with 77 floors, making it Cambodia’s tallest residential building. Japanese precision meets Cambodian growth potential.

Specification Details

1. Height 77 stories (310.5m)
2. Total Units 360 (3-bedroom only)
3. Unit Sizes 166sqm and 178sqm
4. Price Range From $367,000
5. Average Price/sqm $1,429
6. Parking 252 rental spaces
7. Elevators 8 modern units

Real-world applications:

• Record-breaking height creates iconic city landmark status
• Premium three-bedroom units target affluent family buyers
• Japanese construction standards appeal to quality-conscious investors
• Sky amenities on upper floors maximize height advantage

Measurable outcomes:

• 360 luxury units priced from $367,000 each
• Average price per square meter reaches $1,429
• 252 parking spaces accommodate car-owning residents
• Eight modern elevators ensure efficient vertical transportation

Lessons learned:

• Iconic architecture commands premium pricing and market attention
• Japanese quality standards justify higher costs for discerning buyers
• Family-sized units perform better in stable residential districts
• Landmark status provides marketing advantages and long-term value

3. La Vista One Phnom Penh: Riverside Never Goes Out of Style

La Vista One capitalizes on prime riverside location where three major rivers meet. Twin towers maximize water views for maximum units.

Specification Details

1. Height 41 stories (140m)
2. Structure Twin-tower complex
3. Unit Types Studio to 3-bedroom
4. Unit Sizes 49-200+ sqm
5. Starting Price $216,668
6. Location Chroy Changvar riverside
7. Bridge Access Direct downtown connection

Real-world applications:

• Confluence location provides unparalleled panoramic water views
• Twin-tower design doubles unit count while maintaining premium positioning
• Chroy Changvar district offers growth potential at accessible pricing
• Direct bridge access connects to downtown within minutes

Measurable outcomes:

• 41 stories reaching 140 meters in height
• 1,750 total units across both towers
• Starting prices from $216,668 for riverside luxury
• 10-minute drive to major shopping and business districts

Lessons learned:

• Natural geographical advantages create lasting property value
• Twin-tower developments maximize site potential efficiently
• Emerging districts offer better value than established premium areas
• Bridge infrastructure significantly impacts location desirability

4. Le Condé BKK1: Smart Homes Meet Luxury Living

Le Condé represents Cambodia’s first smart home condo project. Technology integration meets traditional luxury in prime BKK1 location.

Specification Details

1. Height 43 floors (145m)
2. Total Units 1,080
3. Unit Types 1-6 bedrooms
4. Unit Sizes 37-879 sqm
5. Starting Price $94,538
6. Completion February 2025
7. Title Hard title (freehold)

Real-world applications:

• Smart home technology controls temperature, lighting, and security systems
• Mixed-use design includes retail, parking, and residential components
• Premium BKK1 location provides immediate access to city amenities
• Hard title freehold ownership offers maximum security for buyers

Measurable outcomes:

• 43 floors with 145 meters total height
• 1,080 units ranging from studios to six-bedroom penthouses
• Unit sizes span 37-879 square meters for diverse buyer needs
• Starting prices from $94,538 make luxury accessible

Lessons learned:

• Technology integration becomes standard expectation in luxury market
• Mixed-use developments create vibrant communities and convenience
• Diverse unit sizes capture broader market segments effectively
• Prime district locations justify premium pricing consistently

5. Vue Aston Phnom Penh: Waterfront Living Redefined

Vue Aston pioneers luxury waterfront development in emerging Chbar Ampov district. HKS Architects design meets Peninsula Capital development expertise.

Specification Details

1. Height 38 stories
2. Total Units 895
3. Unit Types Studio to 4-bedroom
4. Unit Sizes 39.69-91.42 sqm
5. Starting Price $75,000
6. Rental Yields 5-9%
7. Guaranteed Returns 35% over 5 years

Real-world applications:

• 38-story waterfront tower maximizes river views and breezes
• Mixed residential, hotel, and commercial spaces create integrated community
• New bridge construction improves downtown connectivity significantly
• Guaranteed return programs provide income security for investors

Measurable outcomes:

• 895 total units across diverse size categories
• Starting prices from $75,000 make waterfront accessible
• 5-9% rental yields projected for well-managed units
• 35% guaranteed returns over five-year leaseback program

Lessons learned:

• Emerging districts offer better value than established premium areas
• Infrastructure development timing affects property value significantly
• Guaranteed return programs attract conservative investors effectively
• Mixed-use developments perform better than purely residential projects

6. Picasso Sky Gemme Phnom Penh: Art Meets Architecture

Picasso Sky Gemme brings artistic inspiration to luxury living. Official Picasso branding creates unique market positioning in competitive BKK1 district.

Specification Details

1. Height 52 floors
2. Total Units 276
3. Unit Types 1-3 bedrooms plus penthouses
4. Unit Sizes 61-203 sqm
5. Ceiling Heights 3.3-3.6 meters
6. Completion 2028
7. Title Strata-title (freehold)

Real-world applications:

• Picasso artistic theme differentiates project from standard luxury offerings
• 52 floors with 276 units target discerning art-conscious buyers
• Eight floors of lifestyle amenities organized into five themed zones
• Glass skywalk provides unique architectural and experiential feature

Measurable outcomes:

• Unit sizes range 61-203 square meters for varied buyer needs
• Ceiling heights 3.3-3.6 meters create spacious living environments
• 2028 completion timeline allows pre-construction investment opportunities
• Strata-title freehold ownership provides maximum legal security

Lessons learned:

• Unique branding and themes create memorable market differentiation
• Extensive amenity programming justifies premium pricing strategies
• Artistic elements appeal to culturally sophisticated buyer segments
• Long development timelines require strong developer financial backing

7. The Pinnacle Phnom Penh: Scale Creates Communities

The Pinnacle Residence demonstrates how large-scale development creates vibrant communities. Prince Plaza Group leverages proven success formula.

Specification Details

1. Land Area 17,072 sqm
2. Building Area 240,000 sqm
3. Total Units 1,780
4. Unit Types Studio, 1BR, 2BR
5. Developer Prince Plaza Group
6. Views 270-degree city panorama
7. Position Business & residential hub

Real-world applications:

• 17,072 square meters land area accommodates comprehensive community planning
• 1,780 exclusive units create critical mass for amenity programming
• Mixed residential and business hub functionality serves diverse needs
• 270-degree city panorama views available from higher floors

Measurable outcomes:

• 240,000 square meters total construction area
• Studio, one-bedroom, and two-bedroom unit types
• Sky bar with infinity pool creates premium lifestyle amenities
• Chamkarmon district location provides business district proximity

Lessons learned:

• Large-scale developments support more extensive amenity programs
• Mixed-use functionality creates self-sufficient communities
• Proven developer track records reduce investment risk significantly
• Central business district locations maintain stable demand

8. UC88: Where Tech Meets Real Estate

UC88 Tower integrates commercial and residential spaces with advanced technology. Google-styled offices from floors 5-29 create unique mixed-use environment.

Specification Details

1. Height 42 stories
2. Office Floors 5th-29th floors
3. Floor Height 3.8 meters
4. Office Sizes 35-77 sqm
5. Studio Units From $88,000
6. Completion 2025
7. Management Wyndham Garden

Real-world applications:

• Face recognition and QR code access control systems
• Four distinct residential design styles cater to varied preferences
• High-speed elevators and smart building management systems
• Wyndham Garden management provides international hospitality standards

Measurable outcomes:

• 42 stories with 3.8-meter floor heights
• Office sizes range 35-77 square meters
• Studio units starting from $88,000
• 2025 completion timeline provides near-term investment opportunity

Lessons learned:

• Technology integration becomes baseline expectation in premium market
• Mixed-use developments outperform single-purpose buildings consistently
• International management brands improve property values and rental rates
• Diverse unit types capture broader market segments effectively

9. Peninsula Phnom Penh: Hospitality Meets Residence

Peninsula Private Residences combines hotel services with residential ownership. Chroy Changvar location offers riverside luxury at accessible pricing.

Specification Details

1. Height 25 stories
2. Total Units 161
3. Unit Types Studio to 3-bedroom
4. Completion Q3 2021 (completed)
5. Parking 5-level basement with automated lifts
6. Access Cambodian-Japanese Friendship Bridge
7. Furnishing Fully furnished units

Real-world applications:

• Fully furnished units provide turnkey ownership experience
• Five-level basement parking with automated lift systems
• Cambodian-Japanese Friendship Bridge provides downtown access
• Hotel-grade services include housekeeping and concierge

Measurable outcomes:

• 25 stories with 161 total units
• Studio to three-bedroom unit types
• Q3 2021 completion demonstrates successful delivery
• Premium finishes including Wajar Oak and Holm Oak flooring

Lessons learned:

• Bridge infrastructure significantly impacts location value
• Furnished units appeal to international buyers and investors
• Emerging districts provide better value than premium downtown areas
• Hotel-style services justify premium pricing and rental rates

10. Wealth Mansion Phnom Penh: Five-Star Living Standards

Wealth Mansion combines residential ownership with five-star hotel operations. Thai ONYX Group brings hospitality expertise to residential development.

Specification Details

1. Height 45 stories (166m)
2. Unit Types Studio to 3-bedroom
3. Unit Sizes 45.89-200+ sqm
4. Price Range $93,000-350,000
5. Services 5-star hotel operations
6. Guarantees Leaseback program available
7. Facilities 21+ amenities including boundless pool

Real-world applications:

• Professional property management through established hotel operations
• Leaseback programs provide guaranteed income for investor owners
• 21+ amenities including 1,100 square meter swimming pool
• Daily cleaning, concierge, and room service available

Measurable outcomes:

• 45 stories reaching 166 meters height
• Unit sizes 45.89-200+ square meters
• Price range $93,000-350,000 for diverse buyer segments
• 500 square meter indoor stadium provides unique recreational facility

Lessons learned:

• Hotel-style services create premium lifestyle positioning
• Leaseback programs attract income-focused investors effectively
• Extensive amenities justify higher pricing and management fees
• Professional management improves property values and rental yields

11. Skypark Siem Reap: Tourism Market Pioneer

Skypark Siem Reap represents luxury condo living in Cambodia’s premier tourism destination. Strategic positioning between downtown and airport maximizes convenience.

Specification Details

1. Height 5 stories
2. Land Area 5,600 sqm
3. Unit Types 1-3 bedrooms
4. Unit Sizes 55-121 sqm
5. Location Between downtown and airport
6. Furnishing Fully furnished
7. Investment Returns High tourism-driven yields

Real-world applications:

• Five-story development maintains human scale in tourist environment
• Fully furnished units provide turnkey tourism investment opportunities
• Proximity to Angkor Wat temple complex drives consistent visitor demand
• Airport access facilitates international tourist arrivals

Measurable outcomes:

• 5,600 square meters land area accommodates comprehensive amenities
• Unit sizes 55-121 square meters target tourism and residential markets
• High tourism-driven rental yields from short-term stays
• Modern amenities include infinity pool and 24-hour security

Lessons learned:

• Tourism markets offer higher yields but require active management
• Airport proximity critically important for tourism-focused properties
• Furnished units essential for short-term rental success
• Cultural attractions provide long-term value support

12. Angkor Grace Residence Siem Reap: Wellness Tourism Meets Real Estate

Angkor Grace Residence combines biophilic architecture with guaranteed returns. Wellness resort integration creates unique value proposition.

Specification Details

1. Land Area 22,670 sqm
2. Total Units 60
3. Unit Sizes 120-240 sqm
4. Green Space 50% of total area
5. Guaranteed Returns 7% for 10 years (75% GRR)
6. Guest Benefits 14-day annual stay included
7. Architecture Biophilic design with heritage elements

Real-world applications:

• 50% green space allocation creates resort-like environment
• Biophilic design integrates natural elements throughout development
• 75% Guaranteed Rental Return over 10-year leaseback period
• 14-day annual stay benefits for owners

Measurable outcomes:

• 22,670 square meters total land area
• 60 fully-furnished residential units
• Unit sizes 120-240 square meters for luxury positioning
• 7% guaranteed returns for 10 years provides income certainty

Lessons learned:

• Sustainability features appeal to environmentally conscious buyers
• Guaranteed return programs reduce investment risk significantly
• Owner benefits programs create emotional connection beyond financial returns
• Tourism destinations support premium pricing for unique experiences

13. Rose Apple Square Siem Reap: Community Integration Done Right

Rose Apple Square creates integrated community with four segments: co-working, co-living, residential, and commercial.

Rose Apple Square introduces mixed-use community living with 235 state-of-the-art residential units across four integrated segments: co-working Forum, co-living Commune, residential Condominiums, and commercial Offices.

Specification Details

1. Total Units 235 (207 residential)
2. Unit Types Studio to 3-bedroom
3. Unit Sizes 32-136 sqm
4. Development Type 4-in-1 community square
5. Completion 2020 (completed)
6. Community Focus Co-working, co-living integration
7. Investment Appeal Tourism and lifestyle market

Real-world applications:

• 4-in-1 community square concept serves diverse lifestyle needs
• Co-working Forum includes 950 square meters with 150-seat theater
• Co-living Commune provides social spaces with pool and gym
• Mixed-use integration creates vibrant community environment

Measurable outcomes:

• 235 total units with 207 residential components
• Unit sizes 32-136 square meters for varied buyer segments
• 2020 completion demonstrates successful delivery and operation
• Tourism and lifestyle market positioning

Lessons learned:

• Community-focused developments create strong resident loyalty
• Co-working and co-living spaces appeal to digital nomads and young professionals
• Mixed-use communities perform better than single-purpose developments
• Diverse amenity programming justifies premium pricing strategies

14. Kingston Royale Phnom Penh: Affordable Luxury That Actually Works

Kingston Royale targets affordable luxury market with 36-story development near Russian Market. Competitive pricing makes quality living accessible.

Specification Details

1. Height 36 stories
2. Total Units 310
3. Unit Types 1-2 bedrooms
4. Starting Price $49,000
5. Location Phsar Daeum Thkov (Russian Market)
6. Completion 2027
7. Target Market Affordable luxury segment

Real-world applications:

• Russian Market proximity provides authentic local culture experience
• Affordable luxury positioning captures first-time buyer market
• Modern amenities include pool, gym, and sky garden
• Trusted Cambodian developer reduces completion risk

Measurable outcomes:

• 310 total units across one and two-bedroom configurations
• Starting prices from $49,000 for accessible luxury
• 2027 completion timeline provides pre-construction opportunities
• Five-minute access to popular Russian Market shopping

Lessons learned:

• Affordable luxury segment shows strong demand and absorption
• Local cultural attractions add value beyond basic amenities
• First-time buyer market represents significant growth opportunity
• Established local developers often provide better value than international competitors

15. Time Square 10 Sihanoukville: Coastal Development Strategy

Time Square 10 expands Megakim World Corp’s success to Cambodia’s primary beach destination. Otres Beach location provides beachfront investment opportunity.

Specification Details

1. Location Otres Beach, Sihanoukville
2. Developer Megakim World Corp (10th project)
3. Market Position Beachfront investment opportunity
4. Tourism Focus Coastal vacation and rental market
5. Developer Track Record 9 successful prior developments

Real-world applications:

• Beachfront positioning capitalizes on tourism and lifestyle demand
• Proven developer track record reduces coastal market risks
• Sihanoukville tourism growth supports rental income potential
• Coastal location provides lifestyle benefits and vacation rental opportunities

Measurable outcomes:

• 10th successful project by established developer
• Beachfront location commands premium tourism market positioning
• Tourism-focused market supports higher rental yields
• Coastal lifestyle appeal attracts international lifestyle buyers

Lessons learned:

• Beachfront developments require established developer credibility
• Tourism markets support higher yields but need professional management
• Coastal locations appeal to lifestyle buyers beyond pure investment returns
• Developer expansion into new markets demonstrates confidence and capability

16. Diamond Bay Garden Phnom Penh: Island Living in the City

Diamond Bay Garden establishes waterfront luxury on Koh Pich Diamond Island. Somerset management ensures international standards.

Specification Details

1. Height 39 stories
2. Location Koh Pich Diamond Island
3. Unit Types Studio to 3-bedroom
4. Starting Price $118,920 per suite
5. Management Somerset Ascott Group
6. Guaranteed Returns 8% available
7. Green Space 40% of total development

Real-world applications:

• Koh Pich Diamond Island provides unique urban island living experience
• Somerset Ascott Group management brings international hospitality standards
• 39-story height maximizes water views across three river systems
• 8% guaranteed rental returns provide income security

Measurable outcomes:

• Starting prices from $118,920 per suite
• Studio to three-bedroom unit variety
• 40% green space allocation creates resort-like environment
• Strategic central Phnom Penh access via existing bridge infrastructure

Lessons learned:

• Island locations create unique selling propositions in urban markets
• International management companies improve property values significantly
• Guaranteed return programs attract conservative international investors
• Green space allocation becomes increasingly important for buyer decisions

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Why Foreign Buyers Can’t Stop Talking About Cambodia

Guide to foreign property ownership in Cambodia shows how accessible this market has become. The legal framework allows foreigners to own condo units above the ground floor. No need for local partners or complex structures.

Here’s what makes Cambodia special:

• USD-denominated transactions eliminate currency risk
• Up to 70% foreign ownership per building allowed by law
• Strata-title ownership provides freehold security
• No restrictions on resale to other foreigners
• Rental income can be repatriated freely

The foreign ownership guide explains all legal requirements clearly. Most buyers complete purchases within 30-60 days once financing arranges.

Serviced apartments Phnom Penh market benefits from business travel and expatriate housing demand. Many companies relocate staff to Cambodia for regional operations. These executives need quality housing immediately.

Short-term rental markets also perform well. Condo with pool Phnom Penh units rent easily to tourists and business travelers. Platform listing and management services help owners maximize income.

Time Square 9 vs. The Competition: No Contest

Phnom Penh high-rise condo market offers many choices. But Time Square 9 stands apart for several reasons.

First, the developer track record speaks volumes. Megakim World Corp already completed seven successful projects. Their latest award as “Best Condominium Developer of 2024” came from actual buyer satisfaction.

Second, the timing couldn’t be better. Condo near AEON Mall locations always perform well. Time Square 9 sits minutes from major shopping, dining, and entertainment. Embassy Row provides stable rental demand year-round.

Third, the amenities package rivals five-star hotels. Sky gardens, wellness centers, and co-working spaces create lifestyle value beyond just a place to sleep. Phnom Penh luxury living means different things to different people – this project covers all bases.

Fourth, the art-deco design theme creates memorable identity. Most condos look generic and boring. Time Square 9 Phnom Penh brings 1920s glamour to modern Cambodia. You’ll remember this building years from now.

Fifth, the Phnom Penh skyline view from upper floors beats anything else in the price range. Morning coffee tastes better when you’re looking at the entire city. Sunset views from the sky bar make every evening special.

Smart Money Moves for Time Square 9 Buyers

Getting into Time Square 9 Phnom Penh requires some planning. But the smart moves are pretty simple.

Buy during pre-construction phase. Early buyers get the best prices. Time Square 8 buyers who got in early saw 15% appreciation before the building finished. That’s free money for being early.

Pick higher floors when possible. Phnom Penh skyline view units rent faster and cost more. The city grows every year. Your view gets better as new buildings fill the gaps.

Go for one or two-bedroom units. These sizes rent easiest to expats and young professionals. Condo for sale Phnom Penh market shows smaller units move faster than big ones.

Use the payment plans. Most developers let you pay in stages during construction. This means less money upfront. Your cash works harder when spread over time.

Get property management set up early. Professional managers know how to market units and screen tenants. They handle repairs and maintenance too. Good managers pay for themselves.

What Makes Time Square 9 Different From Every Other Condo

Time Square 9 condo units come with smart home features. Light switches work from your phone. Temperature control responds to voice commands. Security cameras let you see who’s at your door.

The wellness focus sets this project apart. Most condos have a basic gym. Time Square 9 includes meditation spaces, herb gardens, and wellness programs. Mental health matters as much as physical health.

Co-working spaces inside the building save commute time. Many residents work remotely or run small businesses. Having meeting rooms and high-speed internet downstairs makes life easier.

The art-deco theme runs through everything. Lobby design, hallway lighting, even the pool area reflects 1920s style. This isn’t just decoration. It’s brand identity that lasts.

Time Square 9 location puts you walking distance from everything important. Embassy Row, international schools, shopping centers, restaurants. Your car stays parked most days.

Money Talks: The Real Numbers Behind Time Square 9

Buy condo in Phnom Penh markets show consistent returns. But Time Square 9 aims higher than average.

Purchase prices start during pre-construction phase. Early buyers often save 10-15% compared to completion pricing. That’s instant equity before moving in.

Rental yields target 6-8% annually based on current market rates. BKK1 apartment for sale properties consistently outperform other districts. Premium location means premium rents.

Property appreciation forecasts show 5-10% yearly growth through 2027. Cambodia’s economy grows 6% annually. Real estate typically tracks economic growth closely.

Maintenance costs stay reasonable thanks to modern building systems. Energy-efficient design keeps utility bills low. Professional management spreads costs across many units.

Phnom Penh real estate developer track records matter for resale values. Megakim World Corp properties hold value better than unknown developers. Brand recognition helps when selling later.

How Time Square 9 Fits Into Cambodia’s Big Picture

Cambodian condo project development follows government plans for urban growth. Phnom Penh expects two million residents by 2030. More people need more housing.

Infrastructure projects support real estate values. New airport opens soon. Bridge construction connects districts better. Road improvements cut travel times.

Tourism recovery drives short-term rental demand. Angkor Wat brings millions of visitors yearly. Business travel increases as companies expand in Cambodia.

Foreign investment keeps flowing into Cambodia. Foreigner buying property in Phnom Penh numbers stay strong. Chinese, Singaporean, and Malaysian buyers remain active.

Economic growth creates local demand too. Young Cambodians earn more money than their parents. They want modern housing with good amenities.

Time Square 9 Phnom Penh benefits from all these trends. Location, timing, and quality align perfectly with market forces.

Lifestyle Benefits You Won’t Find Elsewhere

Living in Time Square 9 Phnom Penh means joining a community, not just buying a unit. The building creates connections between residents through shared spaces and events.

Morning workouts in the fitness center start your day right. Evening drinks at the sky bar end it perfectly. Weekend BBQs in the garden areas bring neighbors together.

Kids play safely in dedicated areas while parents relax nearby. International families find others with similar backgrounds and interests. Language barriers disappear in friendly environments.

The concierge handles daily tasks you don’t want to do. Grocery shopping, dry cleaning, restaurant reservations. Your time becomes more valuable when others handle routine stuff.

Phnom Penh luxury living used to mean isolated houses with high walls. Time Square 9 offers luxury with community. You get privacy when you want it and company when you need it.

Investment Strategy for Different Buyer Types

Young professionals should target one-bedroom units on middle floors. These rent easily and appreciate steadily. Use payment plans to reduce upfront costs.

Families need two or three-bedroom units with good school access. Higher floors cost more but provide better views and resale value. Consider future space needs.

Retirees often prefer ground floor access and full-time residence. Larger units with balconies work well. Factor in medical facilities and transportation access.

Pure investors focus on rental yield over personal use. Studio and one-bedroom units generate highest returns. Professional management becomes essential.

Part-time residents want turnkey solutions with hotel-style services. Furnished units cost more but rent easier. Consider seasonal usage patterns.

Each buyer type benefits from Time Square 9 amenities differently. The building design accommodates various lifestyles and investment goals.

The Construction Timeline That Actually Matters

New condo project Phnom Penh timelines often slip. Megakim World Corp maintains better schedules than most developers.

Pre-construction sales start in 2025. Early buyers get best pricing and unit selection. Payment schedules align with construction milestones.

Foundation work begins late 2025. This stage usually takes 6-8 months in Cambodia. Weather affects concrete pouring during rainy season.

Structural completion targets mid-2027. Building systems installation follows structural work. Elevators, plumbing, and electrical systems go in next.

Interior finishing starts 2028. Unit customization happens during this phase. Buyers can often upgrade fixtures and finishes.

Time Square 9 units hand over begins 2029. Move-in dates depend on final inspections and approvals. Rental income starts once units complete.

The four-year timeline allows buyers to plan finances carefully. Payment schedules spread costs over construction period.

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Final Thoughts: Why Time Square 9 Changes Everything

Time Square 9 Phnom Penh represents more than just another condo building. It shows how Cambodia’s real estate market has grown up.

Ten years ago, foreign buyers took big risks on unknown developers. Today, proven companies like Megakim World Corp offer institutional-quality investments.

The legal framework protects foreign ownership better than most countries. USD transactions eliminate currency risk. Professional management ensures properties maintain value.

Cambodia’s economic growth creates genuine demand for quality housing. This isn’t speculation or bubble pricing. Real people with real incomes need places to live.

Time Square 9 location in BKK1 provides stability during uncertain times. Prime districts hold value when secondary areas struggle. Embassy Row ensures steady rental demand.

Smart buyers who act during pre-construction phase often see the best returns. Early pricing, unit selection, and payment terms favor those who move first.

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Your Next Steps Start Here

Ready to learn more about Time Square 9 Phnom Penh? Here’s what you should do:

1. Schedule a consultation to discuss your specific needs and budget
2. Review current pricing and payment plan options
3. Visit our website for detailed floor plans and amenity information
4. Connect with our team for personalized investment advice

Don’t wait until construction starts. Pre-launch pricing won’t last forever. The best units get reserved by buyers who act quickly.

Contact our property experts today to secure your place in Cambodia’s most exciting new development.

Additional Resources

Learn More About Cambodia Real Estate:

• DaBest Properties YouTube Channel – Market updates and property tours

These resources provide deeper insights into Cambodia’s growing real estate market and investment opportunities across Phnom Penh, Siem Reap, and Sihanoukville.