TIME SQUARE 8

TYPE

Residential Condominium

LOCATION

Toul Tompoung, Phnom Penh

DEVELOPER

MEGAKIM WORLD CORP LTD.

TENURE

Freehold

COMPLETETION

Q4-2028

TOTAL FLOOR

50 Floors

TOTAL UNIT

700 Units

STARTING PRICE

$ 39,900

Unit Types

J


1 Bedroom

1 Bath

40 SQM

$ 39,900

K



1 Bedroom

1 Bath

47 SQM

$ 52,000

L,M,N,O,P


1 Bedroom

1 Bath

47 SQM

$ 52,000

I,H,G,F,E,D


1 Bedroom

1 Bath

60 SQM

$ 64,000

Q,R


2 Bedroom

2 Bath

73 SQM

$ 73,000

B,C


2 Bedroom

2 Bath

88 SQM

$ 94,000

A


3 Bedroom

3 Bath

111 SQM

$ 118,000

L,M


1 Bedroom Duplex

2 Bath

79 SQM

$ 100,000

G,H


2 Bedroom Duplex

3 Bath

104 SQM

$ 137,000

S,Q,R,W


3 Bedroom Duplex

3-4 Bath

124 SQM - 140 SQM

$ 186,000

A,B,C


4 Bedroom

4 Bath

167 SQM - 173 SQM

$ 222,000

 
  • Embassies

  • International NGOs

  • Restaurants

  • Café

  • Marts

  • Malls

AMENITIES SURROUNDING

  • Hospital/clinics

  • International schools

  • Banks/ATM

  • Nightlife/entertainment

  • Gym/sport

  • Hotel

Times Square 8 is a prominent luxury condominium development located in the bustling Toul Tom Poung (Russian Market) area of Phnom Penh, Cambodia. Developed by Megakim World Corp. Ltd., a company with a strong track record of seven successful projects, Time Square 8 is designed to offer a blend of modern urban living, convenience, and investment potential.
Here's a breakdown of its key features:
Location:
  • Strategically situated in the Toul Tom Poung (Russian Market) district, Chamkarmon, known for its vibrant culture, diverse dining options, and access to local handicrafts.
  • Offers unparalleled convenience with easy access to key cultural landmarks like the Independence Monument, Riverside, and Royal Palace.
  • Close to essential services such as schools, hospitals, shopping centers (including AEON Mall), business centers, and transportation routes.
Building and Units:
  • A 50-story high-rise, making it a significant landmark in Phnom Penh's rapidly developing skyline.
  • Comprises approximately 700 units, ranging from cozy apartments to expansive luxury suites.
  • Unit Types:
    • 1-Bedroom: 40 sqm, 47 sqm, 60 sqm.
    • 2-Bedroom: 73 sqm, 88 sqm.
    • 3-Bedroom: 111 sqm.
    • Duplex Units: Available on floors 40-47, with sizes up to 167 sqm (including 1, 2, 3, and 4-bedroom options).
  • Units are designed with modern aesthetics, featuring quality finishes, smart layouts, and large windows to maximize natural light and ventilation.
  • Units are handed over in a finished condition, typically including a kitchen (IH burner, range hood, sink cabinet), bathroom (basin, toilet, shower set), and basic decoration.
  • Ownership type is Freehold/Hard Title, providing legal protection for buyers.
Amenities and Facilities: Time Square 8 offers a comprehensive range of premium amenities designed to enhance residents' lifestyles:
  • Rooftop Amenities:
    • Infinity pool with city views.
    • Modern sky lounge for entertaining.
    • Sky Bar (on 50th floor).
  • Fitness and Recreation:
    • Fully equipped gym with modern machines.
    • Private tennis court.
    • Movie cinema for residents.
    • Multi-purpose hall for events.
    • Playground.
    • Jacuzzi and Sauna.
    • Green gardens and sitting areas.
  • Convenience and Security:
    • Covered multi-level car parking (2-7F and B1-B2).
    • Ground floor lobby and cafe.
    • Commercial area.
    • 24/7 security system with guards, alarm system, fire alarm, fire sprinkler system, and video security.
    • Reception 24/7.
    • Backup Electricity / Generator.
    • Lifts/Elevators.
Investment Potential:
  • Considered a strong investment opportunity in Phnom Penh, with attractive pricing and potential for high rental yields (some sources suggest 7% rental yields) and long-term value appreciation.
  • The Toul Tom Poung area is rapidly growing, contributing to property appreciation.
  • Megakim World Corp. Ltd.'s proven track record adds credibility and trust for investors.
  • Cambodia's property market offers benefits for foreign buyers, including allowing foreigners to own condos (strata title), low property tax (0.1% of value per year), and no capital gains tax on sale.
  • The market is largely USD-based, providing stability.
Completion Date:
  • Estimated completion date December 2028. 
Overall, Time Square 8 aims to be a beacon of luxury and innovation, redefining urban sophistication in Phnom Penh by combining world-class design, premium amenities, a strategic location, and strong investment potential.