2024-11-26 UPDATED

USD 132,217 ~ 149,410

Time Square 302

St. 302, BKK1 BKK 1 Phnom Penh Cambodia

67.0 ㎡   1 Bedrooms

Type of PropertyCondominium / Apartment
AccessA 40-minute drive to Phnom Penh International Airport
Total Levels49-Story
Built in July 2026(scheduled)
Total Units370
Immediate Move-inNo
Expected Move In DateNegotiable
Sold byMegakim World Corp Ltd.
Managed byMegakim World Corp Ltd.
Size
67.0 sqm(㎡) / 721.18 sqf
Land RightsFreehold

+81-120-990-388

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Floor plans

  • 1Bedroom

    • 67.0㎡
    • 1

Description

[Property Highlights]

Time Square 302 is the latest project by Mega Kim World Corp., a highly reliable developer with a strong track record of successful developments in Cambodia.

Located in Phnom Penh's Boeung Keng Kang 1 (BKK1) district, known as an ultra-luxury residential area, it is at the heart of commercial facilities, cafes, and international businesses.



[Average Rental Yield]

The average rental yield for condominiums in Boeung Keng Kang 1 (BKK1), where Time Square 302 is located, ranges from approximately 5% to 8%.

This area is highly popular among foreign expatriates and high-income business professionals, ensuring stable demand and solidifying its reputation as an investment hotspot.

Additionally, the novelty of the project and its high-end amenities are expected to result in yields that may exceed this range in individual cases.



[Surrounding Environment]

Aeon Mall (shopping mall): 10-minute drive

Sunrise Medical Center (hospital): 15-minute drive

Marugame Seimen (Japanese noodle restaurant): 1-minute walk

Time Square 302 is located in Boeung Keng Kang 1 (BKK1), offering the convenience of urban living and a luxurious residential environment.

The surrounding infrastructure is well-developed, catering to expatriates with facilities such as the "International School of Phnom Penh" and the "British School of Cambodia."



[Real Estate Prices or Inflation Rate in Surrounding Areas]

Phnom Penh, particularly the Boeung Keng Kang 1 (BKK1) area, has been rapidly developing, with significant real estate price increases in recent years.

The area has seen a surge in new shopping malls, office buildings, restaurants, cafes, and educational institutions, attracting attention from residents and investors alike.

For instance, increasing demand for residential properties and the development of nearby commercial facilities have contributed to an annual rise in property values.

This trend is driven by improved urban infrastructure, a growing young population, and abundant investment opportunities.

With ongoing developments and infrastructure upgrades, the value of properties in this area is expected to continue rising in the future.

Developer information

Megakim World Corp Ltd.

Megakim World Corp Ltd. is a developer in Cambodia that has successfully completed 2 previous projects in the capital city of Phnom Penh. The company continues to expand and build on it's reputation in the Kingdom with it's quality buildings.

Place

+81-120-990-388

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