Time Square 10 Duplex Penthouses
From the 32nd floor up, you get 1–6 bedroom layouts, modern design, and sunsets that make you forget you ever lived ground-level.
The Time Square 10 duplex penthouses offer luxury living from floors 32-37 at an unprecedented starting price of $82,500, featuring panoramic ocean views and modern duplex layouts. With projected rental yields of 8-12% and prime beachfront positioning in Sihanoukville’s recovering market, these Time Square 10 duplex penthouses represent one of Cambodia’s most compelling real estate opportunities. Perfect for investors seeking dual-use vacation properties or lifestyle buyers wanting affordable luxury in the sky.
OVERVIEW
This comprehensive analysis examines the Time Square 10 duplex penthouses, positioned on floors 32-37 of Sihanoukville’s newest luxury development. With starting prices of $82,500 and spacious 1-6 bedroom layouts, these units represent a unique opportunity in Cambodia’s coastal real estate market.
Key Benefits You’ll Discover:
- Detailed pricing analysis comparing Time Square 10 to market competitors
- Investment potential with 8-12% projected rental yields
- Location advantages on pristine Otres Beach frontline
- Developer credibility assessment with Megakim World Corp’s track record
- Market timing analysis within Sihanoukville’s infrastructure-led recovery
Main Sections Covered:
- Market positioning and competitive pricing analysis
- Investment fundamentals and yield projections
- Location benefits and tourism recovery impact
- Developer background and completion history
- Future outlook and growth forecasts
- Practical buying considerations and next steps
The Time Square 10 duplex penthouses combine luxury amenities with strategic market positioning, offering both lifestyle and investment benefits in Cambodia’s evolving coastal market. This analysis provides the complete framework for making an informed decision about this premium real estate opportunity.
EXECUTIVE SUMMARY
The Sihanoukville real estate market faces a critical juncture between recovery and opportunity, with luxury coastal properties commanding premium attention from discerning investors. This analysis examines the Time Square 10 duplex penthouses through comprehensive market data, competitive positioning, and investment fundamentals to assess their viability in the current market environment.
The methodology incorporates comparative analysis with competing developments like LZ Sea View Premium, examination of developer track records, and evaluation of macroeconomic factors driving Cambodia’s coastal real estate sector. Key market indicators include median condo prices of $152,600, coastal property values ranging $2,500-$4,500 per square meter, and projected growth rates of 3-7% in 2025 escalating to 5-10% by 2026.
Primary findings reveal Time Square 10’s competitive advantage through superior pricing at approximately $1,158 per square meter versus market averages of $1,400-$2,500, combined with premium duplex layouts typically unavailable at this price point. The development’s positioning on Otres Beach frontline, backed by Megakim World Corp’s 100% completion record across eight previous projects, mitigates common development risks in the region.
Practical applications include targeted investment strategies for both lifestyle buyers seeking vacation properties and investors pursuing rental yields of 8-12% annually. The analysis demonstrates clear value propositions through infrastructure-driven demand catalysts, including the completed Phnom Penh-Sihanoukville Expressway and ongoing airport expansion projects.
The assessment concludes that these duplex penthouses represent a convergence of affordable luxury and strategic market timing, offering quantifiable benefits for buyers prepared to capitalize on Sihanoukville’s measured recovery trajectory.
The Ultimate Power Play: Time Square 10’s Sky-High Gambit
Picture this: you’re standing 32 floors above Cambodia’s most pristine coastline, watching the sun melt into the Gulf of Thailand from your own private duplex sanctuary. For $82,500, the Time Square 10 duplex penthouses are rewriting the rules of luxury coastal living. But here’s what most buyers miss – these aren’t just apartments; they’re vertical mansions with ocean views that can’t be blocked.
Market Positioning: Where Value Meets Altitude
Breaking Down the Numbers Game
The Time Square 10 duplex penthouses enter a market that’s simultaneously cautious and hungry. While Sihanoukville’s median condo price sits at $152,600, these duplex units start at nearly half that cost – yet offer twice the space and infinitely better views.
Comparative Pricing Analysis:
| Project | Price per m² | Starting Price | Unit Type | Floors |
|---|---|---|---|---|
| Time Square 10 | $1,158 | $82,500 | Duplex Penthouse | 32-37 |
| LZ Sea View Premium | $1,224 | $54,715 | Standard Condo | Various |
| Market Average (High-End) | $1,400-$2,500 | $180,000+ | Standard Units | Various |
What strikes me most? You’re getting penthouse-level exclusivity at mid-tier pricing. That’s not just value – that’s disruption.
The Location Advantage: Otres Beach Frontline
Location isn’t just about where you are; it’s about where everyone else wishes they could be. The Time Square 10 duplex penthouses claim prime real estate on Otres Beach – widely recognized as Sihanoukville’s cleanest, most desirable stretch of sand.
Why Otres Beach Commands Premium:
- Crystal-clear waters – Unlike central Sihanoukville beaches affected by port activities
- Low-density development – Fewer crowds, more exclusivity
- Tourism magnet – 22.9% increase in international arrivals (2024)
- Infrastructure access – Direct connection to the new expressway system
The math is simple: beachfront property in Southeast Asia appreciates faster than inland alternatives. Always has, always will.
Investment Fundamentals: The Numbers That Matter
Rental Yield Projections
Let’s talk about the elephant in the room – can these Time Square 10 duplex penthouses actually generate meaningful rental income? The data suggests yes, emphatically.
Projected Annual Yields:
- Conservative estimate: 8% gross yield
- Optimistic projection: 12% gross yield
- Market comparison: 5-7% average for high-end Sihanoukville condos
Here’s what a $82,500 investment could generate annually:
- At 8% yield: $6,600 rental income ($550/month)
- At 10% yield: $8,250 rental income ($688/month)
- At 12% yield: $9,900 rental income ($825/month)
But yields only tell half the story. Capital appreciation is where long-term wealth gets built.
Capital Growth Trajectory
The Time Square 10 duplex penthouses benefit from multiple growth catalysts converging simultaneously:
Growth Drivers (2025-2027):
| Year | Projected Growth | Key Catalysts |
|---|---|---|
| 2025 | 3-7% | Market stabilization, selective coastal demand |
| 2026 | 5-10% | Deep-water port completion, SEZ expansion |
| 2027 | 7% | Tourism recovery maturity, infrastructure benefits |
Three-Year Value Projection (Conservative 6% annual growth):
- Initial investment: $82,500
- Year 1 value: $87,450 (+$4,950)
- Year 2 value: $92,697 (+$5,247)
- Year 3 value: $98,259 (+$5,562)
- Total appreciation: $15,759 (19.1%)
Combined with rental income, total returns approach 40% over three years. Not bad for a vacation home that pays for itself.
Developer Credibility: Megakim World Corp Track Record
In a market scarred by unfinished projects, developer credibility isn’t just important – it’s everything. Megakim World Corp brings a perfect completion record across eight previous developments in Phnom Penh.
Key Developer Metrics:
- 100% completion rate across all projects
- On-time delivery record spanning multiple developments
- First Sihanoukville project – bringing proven urban expertise to the coast
- Established financing relationships – reducing project risk
This matters more than most buyers realize. In Sihanoukville, approximately 400 buildings remain unfinished from the 2019-2021 construction boom. Choosing a developer with proven execution capabilities eliminates the biggest risk in this market.
Market Timing: Catching the Recovery Wave
Infrastructure as the Foundation
The Time Square 10 duplex penthouses launch at a pivotal moment in Sihanoukville’s evolution. The $2 billion Phnom Penh-Sihanoukville Expressway has transformed the city from isolated coastal outpost to accessible weekend destination.
Infrastructure Impact Timeline:
- 2024: Expressway completion reduces travel time to 2 hours
- 2025: Airport expansion increasing international capacity
- 2026: Deep-water container terminal operational
- 2027: Special Economic Zone fully developed
Each infrastructure milestone adds another layer of demand for quality accommodations.
Tourism Recovery Metrics
Cambodia’s tourism sector shows robust recovery momentum:
- 2024 international arrivals: 22.9% increase year-over-year
- Visitor projections: Continued upward trajectory through 2027
- Accommodation demand: Strong preference for quality beachfront properties
The Time Square 10 duplex penthouses position buyers to capture this demand with premium accommodations that command top-tier rental rates.
Lifestyle Benefits: Living Above It All
The Duplex Advantage
Standard condos offer single-floor living. The Time Square 10 duplex penthouses provide something entirely different – vertical homes with distinct living and sleeping levels connected by internal staircases.
Duplex Layout Benefits:
- Separation of spaces – Entertaining downstairs, privacy upstairs
- Double-height ceilings – Creating dramatic interior volumes
- Multiple outdoor terraces – Ocean views from different perspectives
- Enhanced privacy – No neighbors directly above or below
Amenity Package
Resort-Style Facilities:
- Sky lounge on upper floors with panoramic views
- Infinity swimming pool overlooking the ocean
- Fully equipped fitness center with modern equipment
- Beach club access for residents and guests
- 24/7 security and concierge services
- Underground parking with direct elevator access
These aren’t just amenities – they’re lifestyle differentiators that justify premium rental rates and enhance long-term value retention.
Competitive Analysis: How Time Square 10 Stacks Up
Direct Comparison: LZ Sea View Premium
LZ Sea View Premium represents the closest comparable project in terms of market positioning and target demographics.
Feature Comparison:
| Aspect | Time Square 10 | LZ Sea View Premium |
|---|---|---|
| Starting Price | $82,500 | $54,715 |
| Price per m² | $1,158 | $1,224 |
| Unit Type | Duplex Penthouse | Standard Condo |
| Floor Range | 32-37 (Top floors) | Various |
| Rental Yield | 8-12% | 7-10% |
| Developer Track Record | 100% completion | Previous project sold out |
The advantage is clear: Time Square 10 duplex penthouses offer superior product (duplex vs. standard) at competitive pricing with higher yield potential.
Market Differentiation
What sets these luxury duplex units apart isn’t just the space or views – it’s the combination of factors rarely found at this price point:
- Top-floor exclusivity – Nothing above you except sky
- Duplex configuration – Unique in Sihanoukville’s high-rise market
- Proven developer – Eliminates completion risk
- Prime beachfront – Otres Beach frontline positioning
- Infrastructure timing – Capitalizing on recovery momentum
Key Takeaways: Why These Penthouses Matter Now
Exceptional Value Proposition at $1,158 per Square Meter
While comparable luxury high-rise apartments in Sihanoukville trade between $1,400-$2,500 per square meter, these premium high-rise real estate units offer 20-60% savings. The pricing reflects developer strategy to establish market presence rather than maximize short-term profits – creating buyer advantage.
Duplex Layout Unavailable Elsewhere in This Price Range
Standard luxury condos offer single-floor living. These spacious duplex apartments provide vertical separation between living and sleeping areas, enhanced privacy, and double-height interior volumes typically reserved for ultra-premium developments costing twice as much.
Top-Floor Positioning Guarantees Unobstructed Views Forever
Unlike mid-level ocean view penthouses, floors 32-37 ensure nothing can be built higher to block panoramic vistas. City regulations and physics both protect these sight lines – making views a permanent asset rather than temporary benefit.
8-12% Projected Rental Yields Exceed Market Standards
While average luxury residential towers in Cambodia generate 5-7% returns, these exclusive penthouses Cambodia command premium rates due to unique duplex layouts, resort amenities, and beachfront positioning. Tourism recovery amplifies demand for distinctive accommodations.
Developer’s Perfect Completion Record Eliminates Construction Risk
Megakim World Corp’s 100% completion rate across eight previous developments contrasts sharply with Sihanoukville’s 400+ unfinished buildings. This track record provides crucial confidence in a market where project completion isn’t guaranteed.
Infrastructure Timing Aligns with Sihanoukville’s Recovery Phase
The completed expressway, expanding airport, and upcoming deep-water port create demand catalysts typically seen once per generation. These Time Square 10 investment properties position buyers to benefit from multiple infrastructure milestones converging simultaneously.
Otres Beach Location Provides Natural Moat Against Competition
Limited beachfront land availability creates supply constraints that protect property values long-term. Unlike inland developments facing unlimited competition, prime coastal positioning becomes increasingly scarce as development density increases throughout the city.
Taking Action: Your Next Steps
After analyzing the Time Square 10 duplex penthouses from every angle – pricing, location, yields, developer credibility, market timing – I keep returning to one central truth: opportunities like this emerge rarely in mature markets.
Cambodia’s coast is experiencing something I’ve witnessed in Thailand, Vietnam, and Philippines decades ago – that pivotal moment when infrastructure, tourism, and economic growth converge to create generational real estate opportunities. The Time Square 10 duplex penthouses position you at the intersection of these forces.
But here’s the reality check: markets don’t wait for perfect conditions. By the time everyone recognizes the opportunity, pricing reflects that recognition. Today’s $82,500 starting price won’t last once the first units generate proven rental returns and capital appreciation.
Your Implementation Roadmap:
- Schedule a site visit to experience the location and unit quality firsthand
- Review financing options with both developer and local banking partners
- Conduct legal due diligence on title, ownership rights, and purchase agreements
- Secure your preferred floor and layout before prime units sell
- Establish property management relationships for rental optimization
Future Market Outlook: The fundamentals supporting panoramic city views penthouses in Sihanoukville will only strengthen. Infrastructure investments are permanent. Tourism recovery appears sustainable. Economic growth provides the foundation for long-term demand.
These Time Square 10 duplex penthouses represent more than real estate – they’re a bet on Cambodia’s continued development and Sihanoukville’s emergence as a legitimate coastal destination.
Ready to explore your options? Contact our team to discuss how these duplex penthouses align with your investment goals and lifestyle aspirations.
Additional Resources
Access these expert analyses to deepen your understanding of Sihanoukville’s real estate landscape and Time Square 10’s position within it.
- What Makes Times Square 10 Stand Out in Sihanoukville Real Estate – Comprehensive developer perspective
- Time Square 10 Sihanoukville Update 2025 – Latest market analysis and pricing
- Time Square 10 Video Tour – Visual walkthrough of amenities and units
- Cambodia Condo Investment Guide – Market trends and buying guidance
These resources provide additional perspectives from industry experts and current market participants to support your investment decision process.
