Cambodia Real Estate Market Update: Time Square 9 Gains Strong Buyer Interest During Pre-Sale in BKK1
Time Square 9 The Gatsby Residence officially enters the Cambodia property market with an impressive pre-sale lounch in Phnom Penh-BKK1 (🚦 300 meters to Independence Monument ) is generating strong interest from both homebuyers and investors, reflecting continued confidence in Phnom Penh’s prime condominium market.
Developed by Mega Kim World Corp Ltd, Time Square 9 builds on the proven success of the Time Square condominium series, which has established a strong presence across key urban locations in Phnom Penh.
Prime BKK1 Location with Proven Demand
Located on Street 278 in BKK1, one of Phnom Penh’s most established and sought-after residential districts, Time Square 9 offers residents immediate access to embassies, offices, cafés, restaurants, and major city landmarks. BKK1 continues to attract strong rental demand from expatriates, professionals, and long-term residents.
Project Overview
Time Square 9 rises 39 floors with approximately 600 residential units, designed to meet modern urban living standards. The project is equipped with a full backup power generator system, ensuring uninterrupted operation of elevators, security systems, and essential residential services—an important factor for tenant satisfaction and long-term asset value.
A Proven Development Track Record
Buyer confidence in Time Square 9 is supported by the strong performance of earlier Time Square developments. Projects such as Time Square 1 through Time Square 5 have been completed and delivered, while Time Square 6, 7, 8, and 10 are currently under development, reinforcing the developer’s long-term commitment to the market.
Why Buyers and Investors Are Paying Attention
Time Square 9 offers a balanced proposition for both owner-occupiers and investors. The project combines a central BKK1 address, modern lifestyle facilities, and early-stage pricing that allows buyers to enter the market ahead of future value growth.
Pre-sale pricing from approximately USD 1,700 per sqm positions Time Square 9 competitively within the BKK1 market. Unit layouts range from 1-bedroom units starting from 60 sqm to larger family-sized residences, catering to diverse buyer needs.
As Phnom Penh’s condominium market continues to mature, developments in established districts such as BKK1 remain a key focus for buyers seeking long-term security, rental stability, and capital preservation.
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