Unit Types
Unit A
2 Bedroom
2 Bath
80 SQM
$ 132,000
Unit B
1 Bedroom
1 Bath
60 SQM
$ 100,000
Unit C
1 Bedroom
1 Bath
50 SQM
$ 83,000
Unit D, E, F
1 Bedroom
1 Bath
41 SQM - 56 SQM
$ 67,000$
Unit S
3 Bedroom
3 Bath
135 SQM
$ 222,000
Unit X
120 SQM
3 Bedroom
3 Bath
$ 200,000
TIME SQUARE 306 - BKK1
TYPE
Residential Condominium
LOCATION
BKK1, Phnom Penh
DEVELOPER
Megakim World Corp Ltd.
TENURE
Freehold
COMPLETETION
Q4-2025
TOTAL FLOOR
45 Floors
TOTAL UNIT
350 units
STARTING PRICE
$ 67,000
AMENITIES SURROUNDING
Embassies
International NGOs
Restaurants
Café
Marts
Malls
Hospital/clinics
International schools
Banks/ATM
Nightlife/entertainment
Gym/sport
Hotel
Time Square 5, often referred to as Time Square 306, is another highly anticipated and significant addition to the "Time Square" series of condominiums by Megakim World Corp. Ltd. This Taiwanese developer is well-regarded in Cambodia for its commitment to timely project completion and high-quality construction. Time Square 5 is strategically located in the prime Boeung Keng Kang 1 (BKK1) district of Phnom Penh, aiming to deliver a luxurious and convenient urban lifestyle.
Here's a detailed description:
Location:
Heart of BKK1: Time Square 5 is situated on Street 306 in BKK1, a highly sought-after address in Phnom Penh. BKK1 is renowned as the city's most affluent and expat-friendly neighborhood, offering a vibrant mix of international businesses, embassies, upscale dining, trendy cafes, and designer boutiques.
Excellent Connectivity: Its central location provides easy access to major boulevards like Monivong Boulevard and is within close proximity to key landmarks such as the Independence Monument, Royal Palace, and popular shopping destinations like AEON Mall.
Ideal for Expatriates: The area's popularity among corporate tenants and foreign residents makes it a perfect spot for those seeking a high standard of living in the heart of the city.
Concept and Design:
Modern and Practical: Time Square 5 is designed with a focus on modern aesthetics and practical living. The architecture aims to be sleek and efficient, maximizing living comfort and urban convenience.
Residential Focus: While BKK1 is a bustling area, Time Square 5 is designed primarily as a residential haven, offering a comfortable and well-appointed home environment.
Building and Units:
Height: A prominent 45-story high-rise building.
Number of Units: The development comprises approximately 350 residential units in a single tower.
Unit Types and Sizes: Offers a variety of unit configurations to cater to different needs:
1-Bedroom Units: Ranging from approximately 43 sqm to 60 sqm (gross area).
2-Bedroom Units: Approximately 80 sqm (gross area).
3-Bedroom Units: Ranging from approximately 120 sqm to 135 sqm (gross area).
Features: Units are delivered with quality finishes and standard inclusions, making them ready for comfortable living. Balconies are typically included, offering city views.
Amenities and Facilities: Time Square 5 provides a range of amenities designed to enhance the urban living experience:
Rooftop / Sky-level Amenities:
Infinity Sky Pool: A key feature, offering residents a refreshing dip with panoramic city views.
Sky Garden Deck: Green spaces for relaxation and enjoying the urban landscape.
Fitness Gym: Well-equipped for residents' exercise needs.
Recreation and Leisure:
Creative Play Lounge: Likely includes areas for games or social activities.
Kid Playroom: Dedicated space for children.
Ping Pong Room.
Entertaining Garden Roof Deck.
Convenience and Services:
Ground floor lobby and café.
Multi-level car parking (typically 2-7 floors).
24/7 security with guards, alarm systems, fire safety measures (fire alarm, sprinkler system), and video surveillance.
High-speed lifts/elevators.
Backup electricity/generator.
Investment Potential:
High-Value Location: BKK1 is a consistently strong performer in Phnom Penh's real estate market, guaranteeing high demand for rentals and strong potential for capital appreciation.
Reputable Developer: Megakim World Corp. Ltd.'s track record of successful projects in Cambodia (including Time Square 2 and 3) provides confidence to investors regarding project delivery and quality.
Competitive Pricing: Despite its prime location and luxury amenities, Time Square 5 was offered at competitive prices (e.g., starting from around $1,519/sqm) with attractive promotional discounts (e.g., 10%-15% discounts, or monthly payments of only 1% interest-free for up to 40 months).
High Rental Yields: The combination of prime location, modern amenities, and developer reputation makes Time Square 5 highly appealing to the expat rental market, suggesting good rental income potential.
Completion Status:
Time Square 5 (Time Square 306) began construction in December 2022.
The estimated date of completion and handover is Q4 2025
Time Square 5 offers a compelling proposition for those seeking to live in the heart of Phnom Penh's most desirable district or for investors looking for a high-potential asset with a reputable developer and expected strong returns.









