On January 8, 2026, the long-awaited premium project Time Square 9 “The GATSBY Residence” from the developer Megakim World Corporation Ltd will be launched in Phnom Penh!
First information about the project :
Location is everything: the city center, the Independence Monument area, is one of the most expensive in Phnom Penh. This is the historical and commercial heart of the capital, which contributes to the area’s prestige and high demand for real estate. Government buildings, offices, hotels, restaurants, and cultural sites are nearby.
It’s worth noting that development here is limited and vacant land is almost nonexistent, with new projects appearing extremely rarely. Other key factors include high rental demand , excellent transport accessibility , and the location’s symbolic status . This is why projects in this zone are always considered premium, and real estate here retains its value better and appreciates faster.
Location
- BKK1 is Phnom Penh’s most stable area in terms of rentals and resale.
- Demand is driven by expats, diplomats, and business travelers, regardless of the tourist season.
- The project is located on St. 278, within the district, which directly impacts liquidity and rental rates.
Project
- A residential skyscraper with a height of 39 floors.
- Apartments with 1–4 bedrooms, area from 57 m².
- Freehold/Strata Title, available to foreign buyers
Architecture
- The project is executed in the Art Deco style—a restrained and clear solution that is well received by the market and remains relevant over time.
Infrastructure
- Rooftop pool and relaxation area
- Fitness center and SPA
- Coworking and public spaces
- Children’s areas
- Professional management
Entry conditions
- Starting price: from $1,500 / m²
- Reservation: $500
- Flexible payment plan with installments for the entire construction period
- Net rental yield target: 8-10% per annum
A waiting list for the private sales launch is currently being formed. Dear customers, please submit your application and you’ll have a chance to receive a clear price list and be the first to reserve the best apartment options:
December 19, 2025: First renders of the TS9 Gatsby project
