Time Square 11 BKK3 Launch: Affordable Condo Investment in Phnom Penh

Time Square 11- The Time Castle has officially launched on March 4th, bringing a fresh residential and investment opportunity to the rapidly growing BKK3 area.

Developed under the reputable Time Square brand by MegaKim WorldCorp, this new project is expected to attract both local and foreign buyers seeking affordability, strong rental demand, and long-term capital appreciation in a prime central location.

Prime Location on Street 113, BKK3

Time Square 11 is located in BKK3, strategically positioned between the Russian Market area and BKK1, just about five minutes’ drive to both mature commercial hubs.

The Russian Market neighborhood is known for its strong residential atmosphere, vibrant cafés, restaurants, retail shops, and daily conveniences. This balanced mix of lifestyle and practicality continues to attract both local residents and expatriates.

With BKK1 nearby, residents enjoy access to Phnom Penh’s key business zones, international schools, banks, and entertainment venues, making the location ideal for both end-users and rental investors.

BKK3 is increasingly becoming an attractive residential alternative to BKK1, offering similar central convenience but at a more accessible entry price. This makes Time Square 11 particularly appealing for investors targeting young professionals, expatriates, and small families.

READ MORE: 50 Must-Know FAQs for Real Estate Investors in Cambodia

Project Details

• Project Name: Times Square 11
• Ownership: Hard Title, Freehold (Permanent Ownership)
• Developer: Megakim WorldCorp
• Building Height: 39 Floors
• Land Area: 828 sqm
• Total Units: 390 Units
• Unit Types:
  >> 38 sqm / 45 sqm / 50 sqm – 1 Bedroom
  >> 75 sqm – 2 Bedrooms
• Starting Price: From USD 45,000
• Payment Terms:
  >> 20% Down Payment
  >> 35-Month Interest-Free Installment Plan
• Facilities: Sky Lounge, Sky Swimming Pool, Sky Gym, Sky Garden, Children’s Activity Room, Poolside Leisure Area, Island Terrace
• Estimated Completion: June 2029
• Location: BKK3, Phnom Penh 

Flexible Payment Plan

The payment terms is once again very flexible:

• 20% down payment
• 0% interest. monthly installment for 35 months

This structure makes entry more manageable compared to traditional financing.

READ MORE: Common Payment Methods for Buying Properties in Cambodia

Early Bird Pricing

From past projects, Megakim Worldcorp usually offers the best prices at the official launch stage, together with early bird discounts for first buyers.

Past launch prices:

• Time Square 5 – from USD 1,600/sqm
• Time Square 6 – around USD 1,500/sqm
• Time Square 7 & 8 – around USD 1,000/sqm
• Time Square 9 – from USD 1,700/sqm

At the time, these prices were lower than similar projects in the same areas, giving buyers strong value and an affordable way to enter prime Phnom Penh locations.

Time Square 11 Pricing

Time Square 11 follows the same strategy:

• 1-bedroom (38–50 sqm) from about USD 49,000+
• 2-bedroom (75 sqm) from about USD 96,000+

Currently, there is a 10% early bird discount, bringing the starting price to around USD 45,000, or about USD 1,200/sqm after discount.

Prices usually increase in stages as construction progresses (after groundbreaking, topping out, and completion).

Why Act Early?

In previous projects, the best-priced units were often sold out within weeks, especially to repeat buyers and local investors familiar with the brand. Most Times Square projects have sold out during construction.

If you’re interested, it’s important to stay in close contact with a trusted real estate agent to secure the best unit while early bird pricing is still available.

Close to Time Square 8 – A Proven Demand Area

Time Square 11 is located just three streets away from Time Square 8, which was launched in September 2024 and officially broke ground in March 2025.

Time Square 8 is currently nearing sell-out status, with only a limited number of duplex units remaining. Its strong sales performance demonstrates sustained buyer demand in this specific pocket of BKK3 and the Russian Market area.

The success of Time Square 8 reinforces investor confidence in Time Square 11, as both projects share similar location advantages and development philosophy.

About MegaKim WorldCorp – A Trusted Developer

MegaKim WorldCorp is a respected real estate development company with a strong track record in Phnom Penh and increasingly across Cambodia. With projects already completed and sold successfully, MegaKim WorldCorp has built a reputation among both local buyers and international investors for reliability and timely delivery. 

Learn more about all the projects by Megakim World Corp

Time Square 11 is one of the developer’s latest additions to its growing portfolio, a project that reflects their commitment to expanding Phnom Penh’s modern residential landscape.

As usual, the pre-launch phases offer the best selection and pricing. 

Hurry up and contact Realestate.com.kh now to book the best unit with the best view and the best pricing at Time Square 11!

Frequently Asked Questions (FAQs)

1. When is Time Square 11 launching?

Time Square 11 has officially launched on March 3rd. Early inquiries are highly recommended to secure the best unit selection and early launch pricing.

2. Where is Time Square 11 located?

The project is located on Street 113 in BKK3, Phnom Penh, offering easy access to BKK1, Independence Monument, international schools, markets, cafés, and major business districts.

3. What is the starting price of Time Square 11?

Units price starting from under $50K range, making it one of the more affordable central Phnom Penh condominium launches.

4. What unit types will be available?

There are two types of units available, one bedroom and two bedrooms but with different sizing. 

5. What is the payment plan for Time Square 11?

Buyers can have a flexible payment structure of approximately 20% down payment, followed by around 1% monthly installments for 35 months with 0 interest. 

6. Does the project offer good views?

Yes. One of the key highlights of Time Square 11 is its open city views, as it is not tightly surrounded by tall neighboring buildings. This enhances natural light and long-term value.

7. Who is the developer of Time Square 11?

Time Square 11 is developed by MegaKim WorldCorp, a Phnom Penh-based developer known for strategically located residential projects and investor-friendly payment schemes.