Time Square 8
A centrally located condominium in Toul Tom Poung, near the Russian Market area, for buyers who want one of Phnom Penh's most vibrant lifestyle neighborhoods with strong expatriate appeal and a more accessible entry price than BKK1.
Project Description
Time Square 8 is a residential condominium located in Toul Tom Poung (Russian Market area), Phnom Penh, one of the city's most established lifestyle-driven residential neighborhoods. Developed by MegaKim WorldCorp under the Time Square brand, the project forms part of a growing series of residential developments across Phnom Penh.
Positioned near both the Russian Market area and BKK1, the development benefits from proximity to two of Phnom Penh's most active lifestyle and expatriate zones. This location allows residents to access cafes, restaurants, international schools, co-working spaces, and key business districts within minutes.
The project offers a mix of residential units designed for modern urban living, catering to both local and foreign professionals seeking central accessibility at a more moderate entry price than BKK1. With foreigner-eligible strata title ownership and full condominium facilities, Time Square 8 presents an opportunity for buyers exploring residential or investment options within Phnom Penh's established central neighborhoods.
Location Advantage
Toul Tom Poung, widely known as the Russian Market area, has evolved into one of Phnom Penh's affordable lifestyle-driven residential neighborhoods with growing expatriate appeal.
Positioned between the city's central districts and surrounding residential communities, it benefits from strong accessibility while maintaining relatively more moderate pricing than BKK1.
Its concentration of cafes, restaurants, co-working spaces, local markets, and everyday conveniences continues to support strong residential appeal and rental demand.
As BKK1 pricing matures, nearby districts such as Toul Tom Poung naturally attract residents who still want central accessibility within a more balanced lifestyle and pricing environment.
Location
Map Overview
Market Insights
Nearby Landmarks & Lifestyle
- Close access to BKK1 businesses and embassy districts
- Walking distance to Russian Market
- 10 mins to Aeon Mall
- Surrounded by local cafes and shops
- Surrounded by convenience stores and groceries
- Walking distance to both local and international schools
- In close proximity to specialty clinics
- 10 mins to Intercare Hospital
- 200m to Mao Tse Toung Blvd (one street to BKK1)
- 30 mins to Techo International Airport
Tenant Profile
- Mix of local and foreign young professionals
- Expatriates and remote workers
- Creative entrepreneurs and small business owners
- Long-term residents working in central Phnom Penh
They choose this district because it places them within a well-established lifestyle neighborhood with direct access to cafes, restaurants, co-working spaces, and nearby central districts such as BKK1.
Investment Perspective
Toul Tom Poung has evolved from a primarily local residential neighborhood into one of Phnom Penh's more established lifestyle-driven districts with growing expatriate appeal.
As BKK1 rental prices mature, nearby areas such as Toul Tom Poung increasingly attract residents who still want central accessibility within a more balanced pricing environment.
- Lower entry price compared to BKK1
- Strong lifestyle and neighborhood appeal
- Steady rental demand from expatriates and young professionals
- Exposure to continued growth of Phnom Penh's central districts
- An established developer with a proven completion track record
Compared to purely emerging areas, Toul Tom Poung already benefits from existing cafes, restaurants, co-working spaces, and residential activity, helping support long-term livability and tenant retention.
Estimated Rental Demand
$400-$500 for 1-bedroom units
$700-$800 for 2-bedroom units
$1,000 for larger configurations
Project Highlights
Project Name
Time Square 8
Developer
Megakim World Corporation
Location
Street 410, Toul Tom Poung Phnom Penh
Property Type
Residential Condominium
Ownership
Strata Title (Freehold)
Launch Date
September 2024
Construction Date
June 2025
Handover Date
December 2028
Total No of Units
700
Total Land Size
1,494 sqm
Total Floors
50
Starting Price
$144,220 (Duplex)
Management Fee
$1/sqm
Building Overview
Floor Plan
Unit Sizes
| Unit Type | MetricGross Size | MetricNet Size | Starting Price | ImperialGross Size | ImperialNet Size |
|---|---|---|---|---|---|
| 1-Bed (Type J) | 40 sqm | 30 sqm | From $102k | 431 sqft | 323 sqft |
| 1-Bed (Type K-P) | 47 sqm | 36 sqm | From $142k | 506 sqft | 388 sqft |
| 1-Bed (Type D-I) | 60 sqm | 45 sqm | From $229k | 646 sqft | 484 sqft |
| 2-Bed (Type Q, R) | 73 sqm | 54 sqm | From $236k | 786 sqft | 581 sqft |
| 2-Bed (Type B, C, S) | 88 sqm | 66 sqm | From $236k | 947 sqft | 710 sqft |
| 3-Bed (Type A) | 111 sqm | 83 sqm | From $236k | 1,195 sqft | 893 sqft |
| Duplex | TBA | TBA | From $144.2k | TBA | TBA |
Payment Term Breakdown
Editable calculator based on the developer payment schedule. Adjust the rates below to match your selected unit and payment scenario.
Auto-filled as 100% − Downpayment − Installment
Payment Reference
Booking Fee
- Payable upon reservation of your unit
Downpayment Installment
- Payable upon signing Sales and Purchase Agreement (SPA) within 1 month after booking
Monthly Installment
- Payable during construction period at 0% interest
Handover Balance
- Payable during unit handover
Selected Unit
1-Bed (Type J)
40 sqm gross
30 sqm net
Starting Price
$102,000
Downpayment after booking fee
(30% of unit price) - booking fee
Monthly installment
40% over 36 months
Total Scheduled
$102,000
Figures are indicative. Final payment schedule will be confirmed by the developer.
