Time Square 9 – The Gatsby Residence, Street 278, BKK1, Phnom Penh

Time Square 9 Condominium, also known as Time Square 9 BKK1, is ideally positioned on Street 278 in BKK1, setting a new benchmark for luxury residential living in Phnom Penh’s most exclusive and tightly held district. Referred to as The Gatsby Residence, this iconic Time Square 9 Phnom Penh development by Megakim World Corp blends contemporary engineering with the refined elegance of 1920s Art Deco design, delivering a residential address defined by prestige, character, and long-term value.

Rising 36 stories above the capital’s most desirable neighborhood, Time Square 9 Condo enjoys sweeping skyline views while offering a lifestyle shaped by sophistication and urban convenience. Drawing inspiration from the glamour of the Gatsby era, the architectural concept is reflected through elegant façades, grand communal spaces, and carefully planned interiors that balance timeless aesthetics with modern comfort. Comprising 600 premium residences, the project is designed for discerning owner-occupiers, expatriates, and investors seeking security, rental liquidity, and capital appreciation in a prime location. A variety of layouts are available, supported by a well-considered Time Square 9 Floor Plan range that maximizes space, light, and functionality.

Project Specifications

• Location: Street 278, BKK1, Phnom Penh
• Developer: Megakim World Corp
• Building Height: 39 stories
• Total Residences: 600 units
• Architectural Style: 1920s Art Deco, Gatsby-inspired luxury

Market Value & Pricing

• Starting Price: From $2,200/sqm, representing a compelling Time Square 9 Sale Price within BKK1
• BKK1 Market Benchmark: $2,500 – $4,000/sqm
• Land Value Context: Prime BKK1 land exceeding $7,000/sqm
• Investment Edge: Competitive entry pricing in Phnom Penh’s primary residential district, creating a favorable gap between purchase value and prevailing market rates.

Returns & ROI

• Projected Rental Yield: 6.5% – 8.5% net per annum
• Capital Growth: Strong appreciation outlook supported by limited future supply in BKK1 and rising land values
• Ownership: Full Strata Title, available to both international and local buyers

Structured Payment Terms

• Down Payment: 10% – 20% initial deposit
• Installment Plan: 40 months interest-free, linked to construction milestones
• Completion Balance: 40% payable at handover
• Extended Financing: Handover balance financeable for up to 10 years

Amenities & Facilities

• Rooftop Lifestyle: Infinity swimming pool and designer sky bar with 360° panoramic city views
• Wellness: State-of-the-art fitness center and dedicated wellness facilities
• Social Spaces: On-site restaurant, refined resident lounge, and landscaped gardens
• Security & Services: 24/7 reception, 24/7 security, controlled access, and multi-level car parking

Location Advantage

• Strategic Hub: Walking distance to embassies, international schools, and leading medical centers
• Lifestyle Address: Surrounded by BKK1’s premium dining, cafés, and boutique lifestyle venues
• Connectivity: Minutes from Independence Monument and the Riverside district

Time Square 9 – The Gatsby Residence presents a rare opportunity to secure a prestigious address, stable rental returns, and long-term capital growth within Phnom Penh’s most sought-after residential enclave.