Time Square 9 in BKK1 and Time Square 11 in BKK3 Officially Break Ground, Expanding the Time Square Series in Phnom Penh

PHNOM PENH, CAMBODIA, June 8, 2026 — Megakim World Corp today celebrated the official groundbreaking ceremonies of Time Square 9 and Time Square 11, marking another significant milestone for one of Cambodia's most successful condominium development brands.

The ceremonies represent the next chapter in the continued growth of the Time Square Series, which has established a strong reputation among homebuyers and investors through strategic locations, modern designs, and consistently strong market demand.

With both projects achieving impressive sales performance before construction, the groundbreaking reflects growing confidence in Phnom Penh's condominium market and the continued strength of the Time Square brand.

Explore all the available projects for Megakim World Corp here. 

Strong Market Response Across the Time Square Portfolio

The latest sales figures demonstrate the strong momentum enjoyed by the developer's active projects:

• Time Square 7 – Approximately 90% Sold
• Time Square 8 – Approximately 95% Sold
• Time Square 9 – Approximately 80% Sold
• Time Square 11 – Approximately 80% Sold

Meanwhile, Time Square 10 Ocean View in Sihanoukville has officially achieved 100% Sold Out, further reinforcing buyer confidence in Megakim World Corp's developments across both Phnom Penh and Cambodia's coastal market.

Time Square 9 – The Gatsby Residence

Located on Street 278 in the heart of BKK1, Phnom Penh's most prestigious residential district, Time Square 9 – The Gatsby Residence represents one of the developer's most ambitious luxury condominium projects to date. Inspired by the elegance and sophistication of the Gatsby era, the project combines Art Deco influences with modern urban living to create a distinctive addition to Phnom Penh's skyline.

The development is strategically positioned within walking distance of some of Phnom Penh's most iconic landmarks, including Independence Monument, the Royal Palace, and the Riverside district. Residents will also benefit from immediate access to international schools, embassies, premium dining establishments, cafés, and lifestyle amenities that have made BKK1 the city's most desirable address.

With approximately 80% of units already sold, Time Square 9 has received strong interest from both local and international buyers seeking premium residences in a location known for its long-term value and strong rental demand.

Check out more about Time Square 9 here!

Time Square 11 – The Time Castle

Meanwhile, Time Square 11 – The Time Castle brings a different investment proposition to the market.

Located on Street 113 in BKK3, the project enjoys a strategic position between BKK1 and the Russian Market area, offering residents convenient access to two of Phnom Penh's most active commercial and lifestyle districts. The location has increasingly attracted attention from investors and homebuyers looking for central-city convenience at a more accessible entry price point.

Check out more about Time Square 11 here!

With approximately 80% of units already sold, Time Square 11 has gained strong traction among investors seeking rental income opportunities and long-term capital appreciation in one of Phnom Penh's emerging residential hotspots.

Building on Success: The Launch of The Gatsby Premium Condotel

As the Time Square Series continues to gain momentum, Megakim World Corp is also introducing its latest hospitality-focused development, The Gatsby Premium Condotel.

Positioned as a premium condotel investment opportunity in Phnom Penh, the project represents a new direction for the developer by combining luxury hospitality services with property ownership. 

A New Chapter for the Time Square Series

The groundbreaking ceremonies for Time Square 9 and Time Square 11 represent more than the beginning of construction. They symbolize the continued evolution of the Time Square brand and Megakim World Corp's long-term commitment to shaping Phnom Penh's urban landscape.

READ MORE: Is It Safe to Buy Off-Plan Property in Cambodia?

From luxury living in BKK1 to accessible investment opportunities in BKK3, and now expanding into premium condotel developments, the company continues to diversify its offerings while maintaining the quality and value that have become synonymous with the Time Square name.

As construction officially begins on both developments, June 8 marks another important milestone in the ongoing growth story of one of Cambodia's most recognized real estate developers.

Learn More About Available Time Square Projects and The Gatsby Premium Condotel!

For more information about available units and investment opportunities, contact us at Realestate.com.kh today!

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