Time Square 11 — branded by its developer as Time Castle XI — is a 39-storey condominium tower rising in BKK3, the value-priced inner Chamkarmon district that sits immediately beside BKK1. It is the latest in the Time Square series from Megakim World Corp, a local developer with multiple towers already delivered across Phnom Penh, and brings roughly 390 compact one- and two-bedroom homes to a neighbourhood with very limited high-rise supply of its own.

The tower is organised for clean separation of functions: a ground-floor lobby, dedicated parking levels on floors 2–6, residential floors from 7 to 39, and a rooftop amenity zone linked by a sky bridge. At the top, residents get a sky pool with lounge and island deck, a sky gym, a kids’ room with family spaces and open leisure yards — an amenity package rarely seen at this price point, supported by video surveillance, backup power and full fire-safety systems.

For investors, Time Square 11 is a price-arbitrage play on the BKK1 tenant pool: entry starts at US$44,000 — on an approximately 35-month developer installment plan — one street away from the capital’s most expensive residential district. The listing indicates an estimated 5% gross and 3% net rental yield, and the compact 28–56 m² formats target the young professionals who drive rental demand across central Chamkarmon. Handover is targeted for Q2 2029.