Time Square 9 — BKK1 Phnom Penh
Time Square 9 — view 2Time Square 9 — view 3

Overview

Time Square 9 — sold under the name Gatsby 9 — is an off-plan, 39-storey condominium by Megakim World Corp in BKK1, Phnom Penh’s benchmark residential district. Within the developer’s high-volume Time Square series it is deliberately the design-forward entry: around 500 units, a reduced count by the series’ standards, interiors drawn from 1920s Art Deco references, and a lower density than the mass-market towers around it. Completion is targeted for Q4 2029.

The shared floors follow a hotel-style script rather than a checklist: a rooftop infinity pool with a dedicated children’s pool, a sky bar and café with 360-degree city views, a fitness centre and yoga studio, plus a private cinema, game zone, poker room and cigar lounge, with meeting rooms for residents who work from home. Concierge services and 24/7 security round out the specification. Units span 40–130 m², with indicative pricing from about US$1,700 per square metre.

For investors, the pitch is scarcity rather than volume: BKK1 has little developable land and constrained zoning, so new supply arrives slowly and holds value well. The listing projects a 7% gross and 5% net yield, with hard-title ownership and entry from US$88,000 — and a roughly 40-month developer installment plan spreading payments across the construction period. It suits buyers who weight capital preservation and district quality over launch-price speculation.

Investment Highlights

  • Projected 7% gross / 5% net rental yield in Phnom Penh’s benchmark district
  • ≈40-month developer installment plan from a US$88,000 entry price
  • 1920s Art Deco design language — a differentiated product among generic new towers
  • Around 500 units on 39 floors — lower density than surrounding mass-market projects
  • Indicative pricing from ≈US$1,700/m², against prime-district levels of ≈US$2,800–3,500/m²
  • Hard-title ownership; completion targeted Q4 2029 by Megakim World Corp

Amenities & Facilities

  • Infinity pool
  • Fitness center
  • Yoga studio
  • Landscaped gardens
  • Sky bar
  • Café
  • Cinema room
  • Game room
  • Retail podium
  • Meeting rooms
  • Concierge service
  • 24/7 security
  • CCTV surveillance

Location: BKK1

BKK1 is where Phnom Penh’s property hierarchy starts: the district of embassies, international schools and corporate offices, with the city’s most reliable executive and expatriate rental demand and its most liquid resale market. Land is scarce and new launches are infrequent, which is why prime stock here commonly trades at US$2,800–3,500 per square metre. For long-hold investors the district works as the capital’s defensive core — demand persists through cycles, and quality stock rarely needs to discount to find a tenant or a buyer.

Payment Plan

Developer installment plan available — typically no bank financing required. ≈40-month developer installment plan.

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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