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Phnum Pénh, Cambodia

Guide Price
£60,000
IPS Cambodia Co., Ltd, Phnom Penh
PROPERTY TYPE

Residential Development

BEDROOMS

3

BATHROOMS

3

SIZE

1,399 sq ft

130 sq m

Key features

  • Freehold for Foreigners: 100% ownership allowed under Cambodia's strata title law.
  • Developer Track Record: Megakim World Corp. has successfully delivered multiple Time Square projects (TS3, TS6, TS8).
  • Affordable Entry Price: Starting from ~$1,000/m² or ~$39,900 for studios-among the most competitive in Phnom Penh.
  • Prime Location: In Toul Kork, a fast-developing, upscale district near TK Avenue, AEON Mall 2, and top schools.
  • Flexible Payment Plans: Low down payment (~$1,000-$5,000) with monthly installments from $500; some units offer 0% interest.
  • Resale Flexibility: Units can be resold before completion; duplexes and high-floor units are especially attractive.
  • Strong Rental Demand: High appeal to expats and professionals; suitable for Airbnb or long-term leasing.
  • Capital Appreciation Potential: Expected price growth as construction progresses and amenities are completed.
  • Resale Flexibility: Units can be resold before completion; duplexes and high-floor units are especially attractive.
  • Located in the city's chief universities and embassy distict

Description

Time Square 7 - Your Gateway to Luxury and Investment in Phnom Penh
A Landmark Project by Megakim World Corp.

Step into Phnom Penh's next real estate icon: Time Square 7, the latest upscale development by Megakim World Corp., a respected Taiwanese developer with six completed projects-including the acclaimed Time Square 6. This high-rise is set to redefine urban living in Cambodia's capital with its premium finishes, strategic location, and exceptional investment potential.

Prime Location: Toul Kork, Phnom Penh:

Situated in the dynamic Boeung Kak 1, Toul Kork district, Time Square 7 rises as a striking symbol of modern luxury. Its location offers excellent connectivity, high foot traffic, and strong demand from professionals, expats, and families alike-making it a perfect fit for residential and rental income.

A Golden Investment Opportunity:

Time Square 7 is tailor-made for first-time and entry-level investors looking for capital appreciation and consistent rental returns. Backed by a strong location, high-quality construction, and developer credibility, this project offers a rare chance to invest early in Phnom Penh's rapidly developing landscape.

Enjoy unbeatable pre-sale benefits:
Secure your unit with a $500 deposit
Monthly payments from just $500
Flexible final payment plan: Developer-financed loan from 3 to 10 years at 10% interest PA.

Whether you're buying for long-term rental income or future resale gains, this offer allows you to invest affordably and securely.


Unit Options: Luxury for Every Lifestyle:

Flats (8th - 33rd Floor | 3.1m High Ceilings)

Total Floors: 26
Units per Floor: 22
Total Flat Units: 572

Available Flat Types:
Stylish 1-Bed - 30 sqm net | 40 sqm gross (Type KLMNOP)
Modern 1-Bed - 35 sqm net | 47 sqm gross (Type JQR) - SOLD OUT
Crystal 1-Bed - 45 sqm net | 60 sqm gross (Type GHTUV)
Tiffany 1-Bed - 45 sqm net | 60 sqm gross (Type FS)
Diamond 2-Bed - 57 sqm net | 76 sqm gross (Type BCDE)
Golden 3-Bed - 75 sqm net | 100 sqm gross (Type A)
Luxury 3-Bed - 75 sqm net | 100 sqm gross (Type I)

Duplex Units (35th - 47th Floor | 5.5m High Ceilings)

Total Duplex Floors: 13

Available Duplex Types:
Loft 1-Bed - 45 sqm net | 60 sqm gross (Type KLMNOP)
Loft 1-Bed - 55 sqm net | 70 sqm gross (Type JQ)
Duplex 2-Bed - 75 sqm net | 100 sqm gross (Type FGHVUT)
Duplex 3-Bed - 100 sqm net | 130 sqm gross (Type BCDE)
Duplex 4-Bed - 120 sqm net | 160 sqm gross (Type AIZ)

These units cater to a wide demographic-young professionals, couples, growing families-all with modern layouts, essential amenities, and luxury finishes designed for Phnom Penh's tropical climate.

Project Highlights & Amenities:

Total Site Area: 1,734 sqm
Total Units: 700
Number of Elevators: 7 high-speed elevators

Parking:
Car: Basement 1-2, Levels 2-6
Rates: $30-$40 per lot
Moto: $7-$10 per lot

Ownership: Strata Title (freehold private unit title, open to foreigners)
Management Fee: $0.80/sqm (gross size)
Hand-over Condition: Fully finished including kitchen, bathroom, lighting, flooring, air conditioning

Completion and Handover of Units: Q3 2028

Onsite Facilities:

Basement 1-2: Car Parking
Ground Floor: Lobby & Retail Area
2F-6F: Additional Car Parking Levels

7F:
Lap Pool
Kids' Play Area
Jogging Track
BBQ Pavilion

8F-33F: Residential Flat Floors

34F - Time Square Club:
Bowling Alley
Game Lounge
Cigar Lounge
Poker Room
Karaoke Room (KTV)
Private Cinema
Banquet Zone

35F-47F: Residential Duplex Floors

48F:
Infinity Pool
Sky Gym
Sky Theatre

49F: High Ground Sky Lounge with panoramic city views

Interested in this Time Square 7, Phnom Penh Condominium or a property similar to this? Send us a message. IPS Cambodia offers rent and sale of Apartment in Phnom Penh, Condo for rent, office spaces for rent, and other Real Estate in Cambodia throughout Phnom Penh, Siem Reap, and Sihanoukville.

Brochures

Brochure 1

Phnum Pénh, Cambodia

NEAREST AIRPORTS

Distances are straight line measurements
  • Phnom Penh(International)
    4.0 miles

About IPS Cambodia Co., Ltd, Phnom Penh

About IPS Cambodia Co., Ltd., Phnom Penh

Independent Property Services (IPS) Cambodia was founded in 2009 with a clear vision to become the leading all-in-one source of professional real estate services in Cambodia. From its offices in both Phnom Penh and Siem Reap, the company has offered market-leading agency services, valuations, property management and legal processing services for over 16 years and counting. As of 2025, IPS has become the most renowned and trusted agency in the Cambodian market, thanks to an unmatched commitment to its clients, a vibrant and empowering culture for its staff, seamless customer experiences and firm commitment to trust and credibility.

The IPS Difference for Investors

Summary of Market Dynamics for Foreign Investors:

- Since 2010, Cambodia offers a strata title on new condominium projects, which allows 100% freehold ownership for foreign buyers with no Visa or Residency requirements.

- Meanwhile, while foreigners cannot own land directly, landed Villa’s can be held via Trust Holdings or other proven mechanisms.

- In Cambodia, property is traded in USD and foreigners can open local bank accounts accessible via the international Visa/Mastercard network.

- Cambodia offers a very low tax regime for property owners and landlords, and no Capital Gains Tax on resale.

IPS Cambodia does not represent all condo projects in Cambodia to incoming investors because we intimately understand that not all projects are created equally. In 2025, we offer only a small selection of off-plan condominium projects in Phnom Penh, Sihanoukville and Siem Reap because we know that many developers in the market over promise and under deliver. We only work with developers that finish projects to the standard expected by buyers and meet our stringent due diligence requirements. These include projects built by developers who have a long and proven track record in Phnom Penh, Sihanoukville and Siem Reap, and whose previous projects are in-fact offering strong rental returns to individual owners, and resale appreciation.

By representing only tried and proven developers, we ensure great outcomes for our clients; we don't create problems for our buyers, and we are able to maintain our strong reputation as the premier agency of professionalism, integrity, and trust in the Cambodian market. Meanwhile, we stock the largest selection of resale condominiums in the market, because these projects are now fully completed and totally de-risked, as we can physically touch and feel the outcome and understand the real rental returns those assets can achieve.

Full Scope Services for Investment Management

Not only can IPS Cambodia help you find the perfect investment property in Cambodia, but we also offer support in scrutinizing legal documents, conducting due diligence on property purchases, managing title transfers and property taxes, as well as lease acquisitions and ongoing property management of your asset. We also provide monthly financial reporting to all owners, with net rents banked directly to your local bank account, accessible worldwide through your Visa/Mastercard account.

Our Property Management team also provide basic repairs and services as part of our normal monthly fees, with no charges for minor works delivered in-house, management of external contractors for major repairs, and no margins applied when sourcing replacement furniture, fittings, and equipment for your unit. We manage and deliver preventative maintenance programs for individual apartments and condos, minimizing breakdowns and, ultimately, any disruption for your tenants. We strive to deliver your investment as a passive one by delivering solutions wherever possible.

When the time comes to exit your investment, we also offer full re-sale marketing and sales support, assuring you the best possible appreciation outcome on your property. This suite of services allows investors a totally hands-off investment, with steady and predictable returns.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by IPS Cambodia Co., Ltd, Phnom Penh (reference 18584) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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