2024-11-26 UPDATED
USD 140,000 ~ 180,000
Time Square 306
St. 306, BKK1 BKK 1 Phnom Penh Cambodia
59.64 ~ 80.0 ㎡ 1 ~ 2 Bedrooms
Type of Property | Condominium / Apartment |
---|---|
Access | A 40-minute drive to Phnom Penh International Airport |
Total Levels | 45-Story |
Built in | June 2025(scheduled) |
Total Units | 350 |
Immediate Move-in | No |
Expected Move In Date | Negotiable |
Sold by | Megakim World Corp Ltd. |
Managed by | Megakim World Corp Ltd. |
Size | 59.64 ~ 80.0 sqm(㎡) / 641.96 ~ 861.11 sqf |
Land Rights | Freehold |
Floor plans
1Bedroom TypeB
- 59.64㎡
- 1
2Bedroom TypeA
- 80.0㎡
- 2
Description
【Property Highlights】
Time Square 306 is the latest project from the highly reputable developer, Mega Kim World Corp., which has consistently delivered high-quality developments in Cambodia’s real estate market.
Located in the heart of Phnom Penh, within the prestigious Boeung Keng Kang 1 (BKK1) district, this area is known for its upscale residential appeal. Despite this, Time Square 306 stands out with an excellent cost-performance ratio, offering a price per square meter that is about half of surrounding properties.
The property features a modern design and advanced amenities, ensuring a comfortable and convenient living experience. Moreover, its prime location places it within walking distance of commercial facilities, international companies, cafes, and restaurants, providing unparalleled urban convenience.
【Average Rental Yield】
BKK1 is known for its stable rental market demand, with average rental yields ranging from 5% to 8%.
This area is particularly appealing to expatriates and affluent individuals, making it an ideal choice for those seeking steady rental income.
As a newly constructed property, Time Square 306 offers unique value and luxury that could surpass the average yield in the area, making it a strong investment option.
【Surrounding Environment】
AEON Mall (shopping mall): 10 minutes by car
Phnom Penh Tower (commercial facility): 10 minutes by car
Sunrise Medical Center: 15 minutes by car
BKK1 blends urban functionality with an exceptional residential environment.
The area hosts international educational institutions, offices of multinational companies, high-end restaurants, cafes, and lush parks within walking distance.
It also offers easy access to tourist attractions and cultural venues, catering to diverse lifestyles and needs.
【Trends in Surrounding Real Estate Prices or Cost of Living】
BKK1 is rapidly developing as a central area of Phnom Penh, with property prices showing consistent annual growth.
The area has seen a surge in commercial facilities and high-quality condominium developments, attracting domestic and international investors alike.
With ongoing urban development, the real estate market in this district is poised for continued growth. This makes it an attractive option for long-term investments, with promising potential for value appreciation.
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.