Time Square 8
Toul Tom Poung 1 (Russian Market), Chamkar Mon, 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 8 is a high-rise residential condominium development by Megakim World Corp. Ltd. in Toul Tom Poung 1, commonly known as the Russian Market area of Phnom Penh. Unlike some earlier Time Square developments located in Toul Kork or other parts of the city, Time Square 8 is positioned in the Chamkar Mon district, an established urban neighbourhood with restaurants, retail outlets, local services and lifestyle amenities. Public project information describes a 50-storey development comprising approximately 700 residential units. The planned residences include conventional apartments and larger loft-style or duplex layouts. Published unit configurations include one-, two- and three-bedroom apartments, together with larger duplex residences offering up to four bedrooms. The project is marketed with shared lifestyle facilities and contemporary residential specifications. Buyers should confirm the final amenity list, interior specifications, appliances, furnishing package and handover standard against the latest developer documentation. Specific claims about smart-home systems or upgraded specifications should not be treated as confirmed unless included in the current contractual specification.
Key Highlights
- Located in Toul Tom Poung, near the Russian Market area of Phnom Penh
- Approximately 700 residential units across a reported 50-storey building
- Mix of conventional apartments, loft-style layouts and duplex residences
- Advertised strata-title ownership, subject to verification of the legal arrangements and the individual unit
- Publicly reported completion target of Q4 2028
- Resale and agent-listed units may be available; original developer allocations reported as sold out by some sources
Unit Types & Inventory
| Unit Type | Size (sqm) | Price From | Price To |
|---|---|---|---|
| 1 Bedroom | Approx. 40–60 sqm | USD 39,900 | — |
| 2 Bedrooms | Approx. 76 to 88 sqm | USD 78,570 | USD 80,000 |
| 3 Bedrooms | Approx. 100 to 111 sqm | USD 139,000 | USD 150,000 |
| Duplex Residences | 1–4 bedrooms; larger floor areas (60sqm to 160sqm) | USD 85,050 | USD 250,900 |
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 8 may appeal to owner-occupiers and investors seeking a condominium in the Russian Market area. The neighbourhood's established amenities may support residential demand, but the investment outcome will depend on the purchase price, construction and handover progress, final building quality, competing supply, actual rents and ongoing operating costs. The developer's wider project history may be relevant when assessing delivery and management experience. However, the track record of earlier projects does not establish that Time Square 8 will be completed on a particular date, that its unit titles have been issued, or that future rental returns are assured. Prospective buyers should review evidence of completed projects, actual handover records, building management arrangements and any outstanding obligations independently. No rental return or capital appreciation is guaranteed.
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 8 in the developer's project information and multiple Cambodian property listings. The Time Square name is associated with a series of condominium developments in Phnom Penh. The developer's wider project history may be relevant when assessing delivery and management experience. However, the track record of earlier projects does not establish that Time Square 8 will be completed on a particular date, that its unit titles have been issued, or that future rental returns are assured. Prospective buyers should review evidence of completed projects, actual 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 permit: Not independently verified. Environmental Impact Assessment / Approval: Not independently verified. Completion and occupancy documentation: Not yet applicable as a verified completed-project record.
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
- Toul Tum Poung 1, Chamkarmon — central and highly desirable district
- Developer Verified badge — information confirmed with the developer
- Chamkarmon has strong rental demand from expats, diplomats and professionals
- Good access to BKK1, Tonle Bassac and central Phnom Penh amenities
- Chamkarmon commands premium pricing — yields may be compressed
- Title status requires independent legal verification
- Supply competition from multiple developments in the district
- Management fee and building services require confirmation
Who Is This Project Suitable For?
Chamkarmon has the strongest and most consistent rental demand in Phnom Penh.
Central location with excellent amenity access.
Subject to Cambodian ownership laws; Chamkarmon is the most liquid resale market.
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
- Russian Market (Toul Tum Poung)
- BKK1 restaurants and lifestyle amenities
- International schools
- Hospitals
- AEON Mall 1 (approx. 3 km)
Infrastructure & Connectivity
Chamkarmon is the most established and well-serviced district in Phnom Penh.
No major new infrastructure projects required — the district is already well-developed.
Editor's Investment Advice
Time Square 8's Chamkarmon location is its strongest asset — the district has the most consistent rental demand and resale liquidity in Phnom Penh. Developer Verified status is a positive. Title verification and management quality confirmation are the key pre-purchase steps. Suitable for long-term rental investors and owner-occupiers who can afford the premium pricing.
Long-term rental investors and owner-occupiers seeking a central Chamkarmon address.
Premium pricing compressing yields, title verification required, supply competition in Chamkarmon.
Verify title with a Cambodian lawyer. Confirm management fee and building services. Compare pricing with comparable Chamkarmon developments.
Confirmed title and competitive pricing versus comparable Chamkarmon projects 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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