Sales launch for the TIME CASTLE XI project from developer Megakim World Corporation.
About the project:
- Location: Street 113, BKK3 (Near St 390)
- Developer: Megakim World Corporation
- Number of floors: 39
- Land area: 828 m2
- Total units: 390
- Project architect: Dominique Desmet
Benefits of purchasing in the TIME CASTLE XI project:
- BKK3 is adjacent to BKK1, but the entrance fee is lower, while still keeping you in the city center.
- The area has a limited supply of modern condominiums, but stable rental demand.
- The format is more geared toward long-term stays rather than a hotel model. This is in demand among expats, entrepreneurs, and those who want to live in the city center but away from the hustle and bustle of BKK1.
- 39 floors, 390 units – a large-scale, but not overly complex project
- Rooftop area with a sky pool, sky gym, and sky lounge – the level of infrastructure corresponds to a modern premium format
Location:
BKK3 is the center of Phnom Penh, but without the congestion of BKK1. The area is already fully developed: schools, cafes, fitness centers, and supermarkets are all within walking distance. At the same time, rental demand remains stable thanks to expats and businesses. The BKK area is traditionally the most liquid in the city. Time Square 11 is located here, practically on the same line as Russian Market. To understand the dynamics, Time Square 8, located in the same area, has become a bestseller. Google Maps location
Project infrastructure:
- Ground Floor (GF): lobby
- 2F-6F: Parking
- 7F – 39F: apartments
- Roof Floor (RF): sky lounge, sky pool, sky gym, kid room, island deck
Investments in terms of dynamics:
Time Square 8 in the Russian Market zone demonstrated very strong sales—the best units were sold within a year. This demonstrates how the market responds to the right product in the right location. Time Square 11 is similarly positioned, but in BKK3. Situated in the city center, competition is lower than in BKK1, and the potential for price growth per square meter increases as construction progresses and demand builds. This isn’t a boutique development like TS9 , but a lifestyle and long-term rental format—a “safe haven” in the center of Phnom Penh.
Layouts, units:
Purchase conditions:
- Reservation – $500
- PV – 20%
- Installment plan – 35% (1% per month × 35 months)
- The balance is 45% (either closing or a 10-year loan at 10%)
- Price per square meter: from $1,200
Projects from developer Megakim World Corporation :
For a consultation and a presentation with calculations, please contact us —we’re always ready to help you make your investment as profitable and secure as possible: