Time Square 11 (Time Castle BKK3)

The condominium market in Phnom Penh continues to expand beyond the prime districts of BKK1 and Tonle Bassac, with new developments reshaping the city’s residential landscape. Officially launched on March 4, 2026, Time Square 11 (Time Castle BKK3) introduces a modern condominium investment opportunity in the fast-growing BKK3 district — one of Phnom Penh’s emerging hotspots for both homebuyers and property investors.

Developed by MegaKim WorldCorp under the well-established Time Square brand, the project combines affordable pricing, strategic location, and strong long-term investment potential. With unit prices starting from just $4X,XXX, Time Square 11 is positioned to attract Cambodian buyers, expatriates, and international investors seeking high rental demand and future capital appreciation in central Phnom Penh.

Time Square 11 Condominium Overview

Strategically located in BKK3, Time Square 11 offers exceptional connectivity between the vibrant Russian Market (Toul Tom Poung) area and the prestigious BKK1 district. Residents can reach both neighborhoods within approximately five minutes by car, providing convenient access to Phnom Penh’s key lifestyle and business destinations.

The nearby Russian Market area is one of the city’s most desirable residential communities, known for its trendy cafés, international restaurants, boutique shops, supermarkets, fitness centers, and growing expatriate population. Meanwhile, BKK1 remains Phnom Penh’s premier business and diplomatic district, home to international schools, corporate offices, embassies, luxury retail, and major financial institutions.

This prime location allows buyers to enjoy the convenience of central city living while benefiting from more competitive pricing compared to neighboring BKK1 developments. As property values in BKK1 continue to rise, BKK3 is increasingly recognized as a smart alternative offering strong upside potential.

Time Square 11 is expected to feature a variety of thoughtfully designed one-bedroom, two-bedroom, three-bedroom, and four-bedroom condominium units. The project caters to young professionals, expatriates, families, and investors looking for flexible rental opportunities in one of Phnom Penh’s fastest-growing residential districts.

The development also builds upon the success of Time Square 8, a nearby project within the same area that has already demonstrated strong buyer demand and investor confidence.

Why Invest in BKK3 Phnom Penh?

BKK3 has rapidly emerged as one of the most promising condominium investment locations in Phnom Penh. As land availability in BKK1 becomes increasingly limited and expensive, many buyers and developers are shifting focus toward BKK3 for better value and long-term growth opportunities.

Time Square 11 benefits from its close proximity to Time Square 8, located just three streets away. Since the launch of Time Square 8 in September 2024 and the commencement of construction in March 2025, the surrounding neighborhood has experienced growing residential demand and increasing investor attention.

The continued expansion of infrastructure, lifestyle amenities, and expatriate communities within the BKK3 and Russian Market area further strengthens the long-term outlook for condominium investments in this part of Phnom Penh.

Key investment advantages include:

• Prime central Phnom Penh location
• Strong rental demand from expatriates and professionals
• Affordable entry pricing compared to BKK1 condominiums
• High potential for long-term capital appreciation
• Flexible payment plans for local and foreign buyers
• Proven developer track record under the Time Square brand

Flexible Payment Plan & Buyer Incentives

Time Square 11 offers an attractive and investor-friendly payment structure designed to make condominium ownership more accessible:

• 10% Discount
• 20% Down Payment
• 1% Monthly Installments for 35 Months
• Flexible financing structure for investors and end-users

This payment plan allows buyers to secure a centrally located condominium in Phnom Penh with manageable monthly installments, making Time Square 11 an appealing option for first-time property investors, overseas Cambodian buyers, and experienced real estate investors seeking portfolio growth in Cambodia’s capital city.