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Phnum Pénh, Cambodia

£105,800
IPS Cambodia Co., Ltd, Phnom Penh
PROPERTY TYPE

Flat

BEDROOMS

1

BATHROOMS

1

SIZE

646 sq ft

60 sq m

Description

SOLD OUT!A new wave of residential development is coming to the central of BKK1 - Welcome to Time Square 306, Megakim World Corp. fourth crowning development in Phnom Penh!
Carrying a portfolio of successful developments that were primarily mid-tier residences - from Time Square I in BKK1 to Time Square II & III in Toul Kork - all projects of Megakim World Corp. received an overwhelming sales since its launch date.
Thanks to the developer's mission to cater to the affordable market segment, making quality residences accessible to everyone.
Situated close to the expanse of Monivong Blvd., surrounded by commercial hubs and conveniences, Time Square 306 is strategically placed at the heart of BKK1, so you can live in sync with the city’s opportunities & life’s essentials.
This development is a 45-storey condominium, home to 350 units in a single-building development, featuring 1 to 3 bedroom units. The construction starts on December 2022, with estimated construction period of 42 months.
DOWNLOAD BROCHURE
Mega Sale Up to 15% discount! Reserve a unit for ONLY $500!
Flexible payment terms offered - Pay as low as 1% per month for 40 months with no interest!
Unit Types1 Bedroom Type C: Net 38 Sqm, Gross 50 Sqm1 Bedroom Type B: Net 45 Sqm, Gross 60 Sqm2 Bedroom Type A: Net 60 Sqm, Gross 80 Sqm3 Bedroom Type X: Net 90 Sqm, Gross 120 Sqm3 Bedroom Type S: Net 100 Sqm, Gross 135 SqmAmenities & FacilitiesLobby/CafeCreative Play LoungeInfinity Sky PoolFitness GymKids PlayroomPing Pong RoomEntertainment Garden Roof DeckMoto & Car ParkingElevatorBuilding DetailsB1: Moto ParkingGF: Lobby2F - 7F: Car Parking (7 floors)8F - 45F: Condominium unitsRF: Rooftop Swimming Pool & LoungeWhy You Should Buy TodayBecause Time Square 306 represents an affordable living at its finest, the most affordable price-per-square-meter residential units in BKK1, Phnom Penh, many investors and buyers are already reserving units today. From June to August (2022), the developer is offering flexible payment terms that everyone - from regular employees to business owners - can surely afford, with discount of up to 10%.
Project SummaryName: Time Square 306
Site Area: 950 Sqm
Developer: Megakim World Corp. Ltd
Location: BKK1, Phnom Penh
Position: St. 306, BKK1 (Approx. 500 meters from Monivong)
Category: Mid-Tier Residential Condo
No. of Levels: 45 floors
No. of Units: 350 units (1 bed, 2 bed, 3 bed)
Ownership: Strata Title
Start of construction: December 2022
Estimated date of completion: Q2 2025

Phnum Pénh, Cambodia

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Distances are straight line measurements
  • Phnom Penh(International)
    5.5 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 14591) 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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