Time Square 10
The first Time Square residential development in Sihanoukville, Cambodia's largest coastal province and main port destination. The city is supported by an international airport, a deep-sea port, and multiple Special Economic Zones, making it both a tourism hub and an industrial gateway.
Project Description
Time Square 10 (Ocean View) is an ocean-view residential condominium located in Sihanoukville, Cambodia's largest coastal province and primary port destination. The city is supported by key infrastructure including an international airport, deep-sea port, and multiple Special Economic Zones, positioning it as both a tourism hub and an industrial-logistics center.
Developed by MegaKim WorldCorp under the Time Square brand, the project forms part of a growing portfolio of residential developments across Cambodia.
The development consists of three residential towers (Ocean Diamond, Ocean Gold, and Ocean Crystal), offering a mix of unit types designed for both residential use and rental purposes. Its coastal positioning and urban accessibility allow it to serve a diverse tenant base, including short-term visitors, professionals, and long-term residents.
With foreign-eligible strata title ownership, Time Square 10 provides an opportunity for buyers looking to diversify into Cambodia's coastal property market.
Location Advantage
Sihanoukville is Cambodia's largest coastal province and main port destination, historically driven by tourism, hospitality, and port-related activities.
The completion of the Phnom Penh-Sihanoukville Expressway has reduced travel time to under three hours, significantly improving connectivity between the capital and the coast.
Beyond Phnom Penh's purely residential demand, Sihanoukville adds tourism-driven rental potential, coastal lifestyle appeal, and long-term infrastructure growth.
While the city has experienced market cycles, its strategic location and ongoing development continue to position it for long-term relevance.
Location
Map Overview
Market Insights
Nearby Landmarks & Lifestyle
- Access to beaches and coastal areas
- Nearby hotels, casinos, and hospitality venues
- Restaurants, cafes, and entertainment areas
- Retail shops and supermarkets
- 15 mins to Sihanoukville International Airport
- 20 mins to Sihanoukville Autonomous Port
Tenant Profile
- Short-term holiday renters
- Lifestyle buyers and second-home owners
- Investors seeking coastal exposure
- Foreign communities, particularly within Asian markets
- Workers connected to SEZs, port operations, and infrastructure projects
Unlike Phnom Penh, which is driven primarily by urban residential and corporate demand, Sihanoukville operates on a different logic.
Demand is influenced by tourism activity, industrial growth, and infrastructure expansions.
Investment Perspective
Sihanoukville represents a different investment profile compared to Phnom Penh. Rather than relying on purely residential demand, the market is influenced by tourism cycles, infrastructure development, and port and logistics activity.
This means higher variability compared to capital-city investments, a stronger reliance on long-term market positioning, and opportunity tied to infrastructure and economic growth. It suits buyers comfortable with market cycles and focused on long-term growth.
- Tourism-driven rental potential
- Coastal lifestyle appeal
- Long-term infrastructure growth
- Improved connectivity via the Phnom Penh-Sihanoukville Expressway
- Foreigner-eligible strata title ownership
Globally, coastal markets often follow a pattern of slow early growth followed by gradual demand stabilization and appreciation.
Estimated Rental Demand
$500-$800 for 1-bedroom units
$900-$1,200 for 2-bedroom units
$1,400 and up for 3-bedroom units and larger
Project Highlights
Project Name
Time Square 10 (Ocean View)
Developer
Megakim World Corporation
Location
Otres Beach Sihanoukville
Property Type
Residential Condominium
Ownership
Strata Title (Freehold)
Launch Date
June 2025
Construction Date
December 2025
Handover Date
June 2029
Total No of Units
1,300
Total Land Size
5,629 sqm
Total Floors
39
Starting Price
$119,000
Management Fee
$1/sqm
Building Overview
Floor Plan
Unit Sizes
| Unit Type | MetricGross Size | MetricNet Size | Starting Price | ImperialGross Size | ImperialNet Size |
|---|---|---|---|---|---|
| 2-Bed (Ocean Gold) | 73 sqm | 55 sqm | From $73k | 786 sqft | 592 sqft |
| 2-Bed (Ocean Gold) | 78 sqm | 58 sqm | From $77k | 840 sqft | 624 sqft |
| 2-Bed (Ocean Gold) | 90 sqm | 67 sqm | From $89k | 969 sqft | 721 sqft |
| 2-Bed (Ocean Diamond) | 100 sqm | 75 sqm | From $102k | 1,076 sqft | 807 sqft |
| 3-Bed (Ocean Gold) | 113 sqm | 85 sqm | From $113k | 1,216 sqft | 915 sqft |
| 3-Bed (Ocean Diamond) | 140 sqm | 105 sqm | From $142k | 1,507 sqft | 1,130 sqft |
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
2-Bed (Ocean Gold)
73 sqm gross
55 sqm net
Starting Price
$73,000
Downpayment after booking fee
(30% of unit price) - booking fee
Monthly installment
40% over 36 months
Total Scheduled
$73,000
Figures are indicative. Final payment schedule will be confirmed by the developer.
