1 Bed, 1 Bath Condo for Sale in Time Square 3
Time Square 3
Listed 3 years, 8 months agolast updated 2 years, 10 months agoworth asking whether it is still availablePrice Reduced
From the agency
About this property
Urgent Sale - Time Square 3 - 1 Bedroom unit, high floor
Introducing a stunning 1 Bed, 1 Bath condo located in the heart of Tuol Kork, an up-and-coming business district in the heart of Phnom Penh that is rapidly becoming the second main business district of the city besides BKK. With the government master plan focus on developing the area into a major business district, Tuol Kork has very strong long-term growth prospects, making it a highly sought-after area for those looking for a good yet affordable buy for own use or long- and short-term rentals.
This 48m2 premium unit is most highly demanded layout types (L-M) and situates on a high floor of a 24-storey building, offering an unobstructed view of the surrounding cityscape. With a well-designed floor plan, the condo maximizes space and creates a comfortable and functional living environment.
Despite the premium location and high-end finishes, this condo offers an incredible opportunity for buyers to acquire a high-value property at an excellent price point (below $1,500/m2), as the seller needs to pay back a loan and has an urgent need to sell this condo, making it an unbeatable deal for those looking to find top value-for-money opportunity well below market price. Moreover, this is a direct sale, so the buyer won't have to bear expensive agency commissions (up to 5% usually).
This condo also offers a high rental yield potential from Day 1, making it a great investment for buyers looking to generate passive income. The building is brand new (close to completion) and ready to move in, as the condo will be handed over by the developer in March 2023, making it the perfect time to invest.
The location of this condo is highly desirable, situated in close walking proximity to the popular TK Avenue and other commercial areas in the district. This prime location provides residents with an array of dining, shopping, and entertainment and international schooling options right on their doorstep, making it a sought-after area for those looking to enjoy some of the best of what Phnom Penh has to offer.
Residents of this brand condo will also enjoy a range of amenities, including sky deck, swimming pool, gym, kids playground, parking and 24-hour security, providing the ultimate in comfort and convenience.
In summary, whether you're looking for a place to call home or an investment opportunity, this 1 Bed, 1 Bath condo in Tuol Kork is an unmissable opportunity. Don't miss out on this chance to invest in the future of Phnom Penh's up-and-coming business district!
The home
What this offers
Project Highlights
Property Features
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Units & pricing
What you can buy here
The developer's own unit table
| Unit type | Size | Price |
|---|---|---|
| Studio Unit | 48sqm | $73,000 |
| 2 Bedroom | 67sqm | $114,000 |
| 3 Bedroom | 100sqm | 140,000 |
On the market now
Explore properties in Time Square 3
45 units in this development are listed right now, at the price their agent asks today.
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The neighbourhood
Location
Time Square 3
District guide
Toul Kork
Across every residential property in this area, not only this kind. The ranges are the middle 60% of asking prices — the same measure the market figures above use, over a wider set.
Market intelligence
How this home compares
Priced around the middle for 1 bedroom apartments and condos in Boeung Kak 2.
Higher priced than 61% of the 39 priced comparable listings.
Property type CondoBedrooms 1Gross floor area 48 m²
Total price
For 1 bedroom apartments and condos
Price per m²
All apartments and condos with a listed floor area
Based on 39 priced listings: 1 Bedroom Apartments and Condos for Sale in Boeung Kak 2. These are asking prices. Cambodia has no public record of what homes actually sell for. See all 40 listings →
Calculated from the live listings on this site
The money
Plan the purchase
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An indicative repayment at the deposit, rate and term you set here. It is not an offer, and it leaves out bank fees, insurance and transfer tax.
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Gross yield on the asking price, using the median asking rent of comparable homes
Gross means before service charges, tax, agency fees and empty months — a real net figure is lower. These are today's asking rents, not signed leases.
The repayment follows the sliders above; the rent does not. Both figures are before costs, so the real shortfall is wider than the two of them make it look.
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