Time Square 7
Boeung Kak 1, Toul Kork, Phnom Penh
Hard Title & Legal Ownership
Title Unverified
Title status has not been independently confirmed by Bricks Property Network. Buyers must conduct their own legal due diligence before committing to any purchase.
All title and legal information on this page requires independent verification by a qualified Cambodian property lawyer before any purchase commitment. Bricks Property Network is not a legal adviser.
About This Project
Time Square 7 is a high-rise condominium development by Megakim World Corp. Ltd., located in Boeung Kak 1, Toul Kork, Phnom Penh. The project is part of the developer's Time Square residential development series and is designed to serve owner-occupiers and property investors seeking condominium accommodation in an established urban district. Public project information describes a planned development of approximately 700 residences, combining conventional apartment layouts with loft and duplex residences on the upper floors. The advertised unit mix includes studios, one-, two- and three-bedroom apartments, as well as larger duplex configurations. The development is planned to include residential amenities, swimming pools, fitness facilities, parking, recreational areas and shared resident spaces. Buyers should confirm the final facilities, specifications, handover standard and completion schedule in the developer's current sales documents and purchase agreement.
Key Highlights
- Located in Boeung Kak 1, Toul Kork, with access to local retail, education, dining and other city amenities
- 700 units reported across a 49-level development
- A mix of conventional apartments, lofts and larger duplex residences
- Planned lifestyle facilities, including swimming and fitness amenities
- Strata-title ownership; the title status of an individual unit must be checked independently
- Advertised completion targets fall in 2027–2028, with 2028 used as a cautious target pending confirmation
Unit Types & Inventory
| Unit Type | Size (sqm) | Price From | Price To |
|---|---|---|---|
| 1 Bedroom | Approx. 40–60 sqm gross | USD 39,900 | — |
| 2 Bedrooms | Approx. 76 sqm | USD 78,573 | — |
| 3 Bedrooms | Approx. 100 sqm | USD 107,700 | — |
| Duplex Residences | 1–4 bedrooms; larger floor areas (60sqm to 160sqm) | USD 85,050 | USD 240,000 |
Indicative advertised starting price — not a verified developer price list
Pricing & Acquisition Cost
Typical acquisition costs in Cambodia include a 4% transfer tax, stamp duty, notary fees (approx. 0.5–1%), and legal fees. Foreign buyers purchasing via co-ownership (strata) title should budget an additional 1–2% for title registration. All figures are indicative — consult a qualified Cambodian property lawyer for a full cost breakdown specific to your transaction.
Investment Considerations
Time Square 7 may appeal to buyers seeking a residential property in Toul Kork, but its future investment performance will depend on the final delivery date, handover quality, purchase price, building management, competing rental supply and actual tenant demand. A reliable rental-yield assessment requires comparable units with similar sizes, furnishing standards and locations, together with realistic achieved rents and vacancy assumptions. Advertised rents and agent-provided yield estimates are not equivalent to signed leases or net investment returns. The existence of other projects under the Time Square brand may provide useful background for prospective buyers, but it does not establish that Time Square 7 has been completed, that its individual units have issued titles, or that future rental returns are assured. Buyers should review the developer's relevant completed projects, handover records, building management arrangements and any outstanding obligations independently.
Rental & Investment Analysis
Yield estimates are gross figures sourced from developer materials and local agent feedback. Net yields after management fees, vacancy, maintenance and taxes will be lower. All figures require independent verification.
Developer Background
Megakim World Corp. Ltd. is identified as the developer of Time Square 7 in the developer's project information and multiple Cambodian property listings. The Time Square name is used across a series of developments. The existence of other projects under the same brand may provide useful background for prospective buyers, but it does not establish that Time Square 7 has been completed, that its individual units have issued titles, or that future rental returns are assured. Buyers should review the developer's relevant completed projects, handover records, building management arrangements and any outstanding obligations independently.
Construction & Handover
Construction timelines in Cambodia are subject to change. Off-plan buyers should verify current construction progress and obtain contractual protections for delays before committing.
Approvals & Compliance
Construction approvals, relevant permits, completion documentation and occupancy-related approvals have not been independently verified for this profile. Buyers should ask the developer for the applicable documentation and arrange for a qualified Cambodian property lawyer to verify the records with the appropriate authorities.
Permit and compliance status should be independently verified with the relevant Cambodian authorities (Ministry of Land Management, Urban Planning and Construction) before any purchase.
Building Management
Management fee structures in Cambodia vary significantly between projects. Buyers should obtain a copy of the building management agreement and verify all fees, service charges, and sinking fund contributions before purchase.
Risk Assessment
Research confidence scorecard — rated High, Medium or Low based on available evidence.
Sources & Verification
Project details have been confirmed directly with the developer or their authorised representative.
Information is sourced from public records and developer marketing materials only. Independent verification is strongly recommended. Public property listings reviewed include all available trusted online portals in Cambodia and other local property-market sources. Their figures may differ and are not substitutes for official records or direct confirmation from the legal developer. Research Integrity Level: Publicly and Developer Reported — Independent Verification Required.
Pros & Cons
- Boeung Kak 1, Toul Kork — established residential and commercial district
- Developer Verified badge — information confirmed with the developer
- Good access to Toul Kork amenities, schools and road network
- Consistent rental demand from expats and professionals in Toul Kork
- Toul Kork faces supply competition from multiple Time Square towers and other developments
- Title status requires independent legal verification
- Management fee and building services require confirmation
- Multiple Time Square towers in the same area create internal brand competition
Who Is This Project Suitable For?
Toul Kork has consistent expat and professional rental demand.
Established district with good amenities and road access.
Buyer suitability assessments are general in nature and do not constitute personalised financial or legal advice. All buyers should independently assess their own circumstances before making any property investment decision.
Location Highlights
Nearby Amenities & Landmarks
- Toul Kork market
- International schools
- Aeon Mall 2 (approx. 3 km)
- Hospitals and medical clinics
- Established expat community
Infrastructure & Connectivity
Well-established district with good road connectivity and commercial infrastructure.
No major new infrastructure projects confirmed for the immediate vicinity.
Editor's Investment Advice
Time Square 7 benefits from the Toul Kork district's established rental market and Developer Verified status. The main concern is supply competition from multiple Time Square towers in the same area. Suitable for long-term rental investors and owner-occupiers who verify title and confirm building management quality.
Long-term rental investors and owner-occupiers in the Toul Kork market.
Supply competition from multiple Time Square towers, title verification required, management quality confirmation needed.
Verify title with a Cambodian lawyer. Confirm management fee and building services. Research current rental rates and occupancy in the Time Square towers.
Confirmed title and competitive pricing versus neighbouring towers would strengthen the case.
Investment Disclaimer: Editor's Investment Advice represents an independent editorial assessment based on information available at the date of publication. The labels "MUST BUY", "CAN BUY" and "AVOID" are general opinions for informational purposes only and do not constitute financial, legal, tax or personalised investment advice. Property prices, rental income, capital appreciation and resale liquidity are not guaranteed. Buyers should independently assess their financial circumstances, investment objectives and risk tolerance before making any purchase.
Legal Title Disclaimer: Bricks Consultancy is not a law firm and does not provide legal opinions or certify property ownership. Title status, title transferability, foreign ownership eligibility, encumbrances, permits and other legal matters must be independently verified by a qualified Cambodian property lawyer and the relevant authorities before any payment or purchase commitment.
Enquire About This Project
Hard Title. Individual unit title status requires independent verification with a qualified Cambodian property lawyer.
View full title detailsNeed expert advice?
Bricks Consultancy provides commission-free, independent advice for Cambodia property investors and developers.
Learn MoreThis listing is for research purposes only. Bricks Property Network is not a licensed real estate agent. All prices are indicative. This is not financial or legal advice. Always seek independent professional advice before making any property investment decision.
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