
Citadel Manor
Hospitality-style residences in Toul Tompong
- Toul Tompong, Phnom Penh
- Est. Completion: 2029
- 62–366 m²
- Est. Net Yield: 7%


Time Square 5 — also marketed as Time Square 306 — is a 45-storey condominium on Street 306 in BKK1, developed by Megakim World Corp and effectively delivered: the listing records construction at about 98% with roughly 99% of units sold. That sell-through is the project’s headline. Developer inventory is exhausted, so what reaches the market now are secondary resale units — around 350 residences of 43–135 m² in one- to three-bedroom formats.
The building carries the Time Square series’ standard kit, executed at its most central address: a sky-level infinity pool with panoramic city views, a fully equipped gym, garden deck and common areas, entertainment and games rooms, a children’s play zone, and a contemporary lobby with café. Video surveillance, backup power, fire systems and parking cover the practical layer. From Street 306, Independence Monument, the Royal Palace precinct, the Riverside and Olympic Stadium are all within easy reach.
For investors this is a validated rather than speculative purchase: the market has already cleared the building once, at 99%, and Megakim’s record includes multiple fully sold-out deliveries. The listing projects 7% gross and 5% net yields on hard-title units from US$110,000 — bought move-in or tenant-ready, with no construction risk. The trade-off is availability: with no developer stock left, buying Time Square 5 means watching the resale market for the right unit.
Street 306 cuts through the middle of BKK1, Phnom Penh’s most established residential district. The location is defined by what surrounds it: Independence Monument, the Royal Palace precinct and the Riverside to the north and east, Olympic Stadium to the west, and a mature street-level fabric of cafés, restaurants and daily-life retail in between. Embassies, international firms and schools keep executive and expatriate rental demand constant, and the district’s leasing and resale markets are the most liquid in the country — the reason completed BKK1 stock rarely stays on the market for long.
Prices, completion dates and yield estimates are indicative, provided by the developer, and subject to change and unit availability. Yield figures are estimates, not guarantees. Independent legal review is recommended before any purchase.

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