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Phnum Pénh, Cambodia

£72,500
IPS Cambodia Co., Ltd, Phnom Penh
PROPERTY TYPE

Flat

BEDROOMS

1

BATHROOMS

1

SIZE

614 sq ft

57 sq m

Description

Time Square 9 Condominium on Street 278, BKK1, represents the next chapter of luxury living in Phnom Penh’s most exclusive residential district. Known as The Gatsby Residence, this landmark development by Megakim World Corp blends modern structural design with the timeless elegance of the 1920s. Rising 36 stories above the city, it offers a residential experience that transforms urban living into a statement of success and identity.
Project SpecificationsLocation: Street 278, BKK1, Phnom Penh.Developer: Megakim World Corp.Building Height: 36 stories.Total Units: 500 residences.Architecture: 1920s Art Deco "Gatsby" design.Market Value & PricingStarting Price: From $1,700/sqm.District Benchmark: BKK1 condos average $2,500 – $4,000/sqm.Land Value Context: Local land prices exceed $7,000/sqm.Investment Edge: Currently the most competitive entry price in Phnom Penh’s primary residential district.Returns & ROIRental Yield: Projected 6.5% – 8.5% net yield per year.Capital Growth: High appreciation potential due to the low entry-to-market-value ratio.Ownership: Full Strata Title available for international and local buyers.Structured Payment TermsDown Payment: 10% – 20% initial deposit.Installment Plan: 40 months interest-free (linked to construction milestones).Completion Balance: 40% due at handover.Extended Financing: Handover balance can be financed for up to 10 years.Amenities & FacilitiesRooftop: Infinity pool and designer sky bar with 360° city views.Fitness: State-of-the-art gym and wellness center.Social: On-site restaurant, resident lounge, and landscaped gardens.Security & Service: 24/7 reception, 24/7 security, and multi-level car parking.Location AdvantageStrategic Hub: Walking distance to major embassies, international schools, and medical centers.Lifestyle: Situated in the heart of BKK1’s premium dining and coffee culture.Proximity: Minutes to Independence Monument and the Riverside district.IPS Full-Scope Investment ManagementIPS Cambodia delivers a truly passive investment experience for overseas buyers through a comprehensive management suite:
Legal & Due Diligence: Expert scrutiny of legal documents, purchase due diligence, title transfers, and property tax management.Financial Reporting: Monthly financial statements provided to all owners.Global Fund Access: Net rents are banked directly into your local account, accessible worldwide via Visa or Mastercard.Lease Acquisition: Professional marketing and vetting to secure high-quality corporate and expatriate tenants.Comprehensive Maintenance: Monthly fees include basic in-house repairs and preventative maintenance programs to minimize disruptions.Transparent Sourcing: No margins applied when sourcing replacement furniture, fittings, or equipment for your unit.Exit Strategy: Full re-sale marketing and sales support to maximize capital appreciation when you choose to exit.Time Square 9 Phnom Penh delivers elegance, prestige, and security in the heart of Cambodia’s most powerful residential zone—an address designed for those who expect more from city living.
Contact IPS Cambodia today to secure your best deal!

Phnum Pénh, Cambodia

NEAREST AIRPORTS

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

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This is a property advertisement provided and maintained by IPS Cambodia Co., Ltd, Phnom Penh (reference 21002) 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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