Time Square 5 Completed as the Megakim Kickstart Units Handover

Time Square 5 (also known as Time Square 306) has officially entered its handover phase, marking another major milestone for one of Phnom Penh’s most widely adopted condominium series. With this completion, the Time Square collection now reaches five fully delivered towers in Phnom Penh, while Projects 1 through 8 across the series have been completely sold out.

👉 View full project details, floor plans, and availability here: Time Square 5 Condo in BKK1

As buyer demand continues to concentrate around central locations and move-in-ready residences, the completion of Time Square 5 signals a clear transition for the brand: from early-stage growth into a new chapter defined by scale, absorption, and sustained buyer interest, as Time Square 9 and Time Square 10 are now entering the market.

A New Residential Addition in the Heart of BKK1

Standing 45 storeys tall on Street 306, Time Square 5 rises from the core of BKK1, Phnom Penh’s most established and internationally recognized residential district. The location places residents within walking distance of embassies, professional offices, international schools, cafés, fitness studios, and lifestyle services that define everyday convenience in the city.

BKK1 continues to attract professionals, long-term expatriates, and Cambodian urban households seeking centrality without compromising liveability. Time Square 5 responds directly to this demand by delivering compact, functional residences designed for modern city living, rather than oversized units that often exceed practical needs.

Designed for Urban Lifestyles

Time Square 5 caters to buyers who prioritize location, efficiency, and ease of ownership. Its layouts are well suited for:

• Working professionals based in central Phnom Penh

• Young couples and small families

• Long-stay expatriates

• Investors targeting rental-ready units in prime districts

The emphasis is on usable space, simple circulation, and layouts that align with actual living patterns, making units equally suitable for owner-occupiers and tenants.

Lifestyle Amenities That Support Everyday Living

Residents at Time Square 5 have access to a comprehensive range of shared facilities designed to complement an urban routine:

• Sky-level infinity swimming pool with city views

• Fully equipped fitness centre

• Landscaped garden and relaxation deck

• Children’s play area

• Contemporary lobby and café space

• Secure access and on-site property management

Together, these amenities position the building as a complete residential environment, supporting both lifestyle and long-term occupancy rather than short-term speculation.

Scale and Absorption: What Sets the Time Square Series Apart

Rather than relying on branding or legacy positioning, the Time Square series has distinguished itself through market absorption at scale.

Across Phnom Penh, Time Square Projects 1 through 8 are now fully sold out, spanning multiple districts and buyer segments. This level of absorption reflects consistent demand for the series’ formula: central locations, attainable unit sizes, and practical pricing aligned with end-user needs.

With Time Square 5 now starting handover as well, buyer attention has naturally shifted toward the next phase of launches.

Initial Handover Observations at Time Square 5

Early handover feedback and industry observations suggest that Time Square 5 reflects a noticeable evolution within the series.

Interiors and Shared Spaces

Common areas feature clean, contemporary finishes aligned with BKK1 residential expectations. Unit interiors follow practical layouts with neutral palettes and durable fittings, allowing for immediate occupancy with minimal customization.

Efficient Floor Planning

Layouts continue to emphasize efficiency, reducing wasted space while maintaining comfort. This approach aligns closely with rental demand in central Phnom Penh, where tenants value location and functionality over excessive size.

Architectural Progression

Compared to earlier towers, Time Square 5 shows refinement in façade design, amenity integration, and overall presentation, reflecting the broader maturation of Phnom Penh’s condominium market.

What Comes Next: Time Square 9 and 10 Now in Focus

With Projects 1–8 sold out and Time Square 5 handed over, the series is now firmly entering its next expansion phase.

Key upcoming developments include:

• Time Square 6 (TS 302) – BKK1 A 48-storey tower currently under construction, scheduled for completion in 2027.

• Time Square 7 – Toul Kork A 49-storey residential tower well under construction, with expected handover in Q3 2028.

• Time Square 8 – Toul Tom Poung 1 (Russian Market) A 50-storey development progressing through foundation works, targeting completion in December 2028.

• Time Square 9 & Time Square 10 Now entering the selling phase, these projects represent the next wave of the series, expanding both geographically and in product mix, including the brand’s first coastal concept with Time Square 10 Ocean View near Otres Beach, Sihanoukville.

Together, these projects position the Time Square series as one of the largest and most active residential pipelines currently visible in Cambodia.

Why Buyer Demand Continues to Follow the Time Square Series

The sustained interest in the Time Square brand reflects broader buyer preferences in Phnom Penh’s evolving property market.

Central Locations at Accessible Entry Points

Projects are consistently positioned in districts with established demand, offering pricing that remains accessible relative to location.

Strong Rental Alignment

Compact units, secure buildings, and proximity to employment hubs align well with Phnom Penh’s rental market fundamentals.

Competitive Pricing and Flexible Payment Options

Competitive pricing paired with flexible payment structures allows buyers to plan purchases with greater ease, particularly for off-plan units. Structured installment schedules and accessible entry points support informed decision-making across different buyer profiles.

Market Perspective

From a market standpoint, the completion of Time Square 5 reinforces a key trend in Phnom Penh real estate: buyers are gravitating toward projects that combine location, scale, and clarity, rather than speculative concepts.

The fact that eight projects across the series are fully sold out, with additional towers actively launching, reflects how demand is consolidating around developments that meet practical living and investment needs.

Looking Ahead

As Phnom Penh continues to densify and mature as a regional capital, developments like Time Square 5 play a critical role in shaping its residential skyline. With multiple towers already delivered, more under construction, and Time Square 9 and 10 now opening the next chapter, the series remains a key reference point for urban condominium living in Cambodia.

For buyers seeking central locations, manageable unit sizes, and projects aligned with real market demand, the Time Square series continues to stand out as it moves confidently into its next phase.

👉 Looking to buy or rent a Time Square unit? Connect with a professional agent verified by PropertyHub for available listings, pricing guidance, and next steps: See our list of verified agents.