Time Square 9 – The Gatsby Residence
Street 278, Boeung Keng Kang 1 (BKK1), 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 9, also known as The Gatsby Residence, is a residential condominium development by Megakim World Corp. Ltd. on Street 278 in Boeung Keng Kang 1 (BKK1), one of Phnom Penh's established central residential districts. The project is marketed with an architectural concept inspired by the Art Deco and Gatsby-era style of the 1920s. Publicly available project information describes a 39-storey tower offering larger residential layouts than the studio and compact one-bedroom formats commonly associated with some other condominium developments in Phnom Penh. The advertised unit mix includes one- to four-bedroom residences and penthouses. Public project materials also describe rooftop and lifestyle facilities, including an infinity pool, fitness facilities, landscaped communal areas and social spaces. Buyers should confirm the final specifications, facility list and handover standard in the latest contractual documents. The project officially broke ground in June 2026 and should be presented as an under-construction development. The total unit count report 600 units.
Key Highlights
- Located on Street 278 in BKK1, Phnom Penh
- Marketed as Time Square 9 – The Gatsby Residence
- 39-storey residential condominium
- One- to four-bedroom residences and penthouses
- Advertised gross areas of approximately 57–190 sqm
- Art Deco-inspired design concept
- Planned rooftop swimming pool, fitness and communal facilities
- Published completion target of Q4 2029, subject to confirmation
Unit Types & Inventory
| Unit Type | Size (sqm) | Price From | Price To |
|---|---|---|---|
| 1 Bedroom | ~57 to 80 | USD 87,984 | USD 192,500 |
| 2 Bedrooms | ~90 to 95 | USD 146,640 | USD 227,500 |
| 3 Bedrooms | ~130 | USD 219,960 | USD 315,000 |
| 4 Bedrooms Penthouse | ~190 | USD 317,720 | USD 455,000 |
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
BKK1 has an established residential and commercial environment, with restaurants, retail, offices and services in the surrounding area. These location characteristics may be relevant to future tenant demand, but they do not guarantee a particular occupancy rate, rent or investment return. Off-plan buyers should consider the construction period, completion risk, competing condominium supply, resale liquidity and the possibility that market conditions may change before handover. A developer's experience with earlier projects is relevant background, but it does not independently establish the completion date, construction quality, legal status or investment performance of Time Square 9. Buyers should review project-specific construction records, sale and purchase terms, title arrangements and handover obligations before committing.
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 9 in publicly available project information and Cambodian property listings. The Time Square brand covers multiple residential developments in Phnom Penh and other Cambodian locations. A developer's experience with earlier projects is relevant background, but it does not independently establish the completion date, construction quality, legal status or investment performance of Time Square 9. Buyers should review project-specific construction records, sale and purchase terms, title arrangements and handover obligations.
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 verified; the project remains under construction.
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
Information is sourced from public records and developer marketing materials only. Independent verification is strongly recommended.
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
- BKK1/BKK3 location — among the most sought-after addresses in Phnom Penh
- Strong rental demand from expats, diplomats and international businesses
- Good access to BKK1 restaurants, offices, retail and lifestyle amenities
- Public Records Only — limited verified information
- Title status requires independent legal verification
- BKK1 supply competition from multiple premium developments
- Premium pricing may compress rental yields
Who Is This Project Suitable For?
BKK1 has the strongest expat rental demand in Phnom Penh.
Prime central location with excellent amenity 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
- BKK1 restaurants, cafes and retail
- International schools
- Embassies and diplomatic quarter
- AEON Mall 1 (approx. 2 km)
- Tonle Bassac riverside
Infrastructure & Connectivity
BKK1 is the most developed and well-serviced area in Phnom Penh.
No major new infrastructure required — the area is already fully developed.
Editor's Investment Advice
Time Square 9's BKK1/BKK3 location is a genuine strength. Limited verified information means independent due diligence is essential. Suitable for long-term rental investors and owner-occupiers who verify title and confirm current pricing.
Long-term rental investors and owner-occupiers seeking a prime BKK1 address.
Limited verified information, title verification required, premium pricing.
Verify title with a Cambodian lawyer. Confirm current pricing and availability. Research comparable BKK1 rental rates.
Verified title and confirmed competitive pricing would strengthen the assessment.
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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