Time Square 10 Sihanoukville Update – Prices Look Sweet. Returns Look Sweeter. The Beachfront Bet That’s Making Waves!
Time Square 10 Sihanoukville update reveals shocking affordability at just $40,000 for beachfront living. Megakim World Corp delivers 1,300 units across three towers at Otres Beach 1 with completion by 2029.
Time Square 10 in Sihanoukville is gaining traction as one of the most talked-about condo developments along Cambodia’s southern coast. With modern design and location appeal, it competes directly with heavyweights like Prince Golden Bay, Sunshine Bay, and Blue Bay. Prices remain attractive, making it a notable option for both Cambodian and foreign buyers seeking property near the beach. This update covers sales trends, unit availability, and how it fits into the current Sihanoukville condo market.
Key Takeaways: What Makes Time Square 10 Special
1. Unbeatable Beachfront Pricing
Time Square 10 starts at just $40,000 for studio units – that’s roughly $1,000 per square meter! Compare this to other Sihanoukville condos like Prince Golden Bay starting at $165,000. This pricing makes beachfront property accessible to more buyers than ever before.
2. Prime Otres Beach Location
The project sits right at the Otres Beach entrance next to Brown Coffee. You’ll have direct beach access plus established amenities nearby. Otres Beach real estate has become the hottest zone in Sihanoukville as the city focuses development on this southern area.
3. Resort-Style Living Experience
Resort-style amenities include a beach club, sky bar, multiple pools, gym, and children’s playground. The 31st floor features a sky lounge with a 235-meter running track. These facilities rival luxury hotels but you own the property.
4. Strong Developer Track Record
Megakim World Corp has completed multiple projects in Phnom Penh since 2016. Their Time Square series shows consistent delivery on promises. This experience matters when choosing Cambodian condo projects for investment.
5. Flexible Payment Terms
Only 10% down payment required with strata title allowing foreign ownership. This low barrier makes condo investment Cambodia more accessible. Payment plans spread costs over the construction period until 2029 completion.
6. Infrastructure Improvements Boost Value
The Phnom Penh–Sihanoukville Expressway cuts travel time significantly. New airport terminals and port expansions are underway. These improvements support Sihanoukville property market growth and tourism recovery.
7. Rental Income Opportunities
Vacation rentals Sihanoukville market is recovering as tourism returns. Some agents advertise 8% guaranteed rental returns. Ocean view apartments command premium rates from tourists and business travelers.
Time Square 10 vs Competition Analysis
| Feature | Time Square 10 | Prince Golden Bay | Blue Bay |
|---|---|---|---|
| Location | Otres Beach 1 | Sokha Beach area | Independence Beach |
| Total Units | 1,300 units | 2,100 units | 800 units |
| Starting Price | $40,000 | $165,000 | Market rates |
| Price per sqm | ~$1,000 | ~$2,600 | $1,500+ |
| Floors | 39 floors | 41 floors | 38 floors |
| Completion | 2029 | Completed 2019 | Completed 2021 |
| Foreign Ownership | Yes (strata) | Yes (strata) | Yes (freehold) |
| Beach Access | Direct | Off-beach | Beachfront |
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Project Specifications and Unit Types
Time Square 10 spans 5,629 square meters with three ocean-themed towers. Ocean Diamond, Ocean Gold, and Ocean Crystal create an integrated luxury experience. The 39-floor development maximizes both functionality and resident comfort.
Unit Configuration Details:
- Studio units: 36 square meters
- 1-bedroom units: 50 square meters
- 2-bedroom units: 77-100 square meters
- 3-bedroom units: 107-140 square meters
- 4-bedroom units: 200 square meters
Floor distribution shows smart planning. Ground floor houses the beach club and lobby. Floors 2-5 provide parking space. Residential units occupy floors 6-30. The 31st floor sky lounge offers amazing amenities. Floors 32-37 feature premium duplex homes. Floor 38 houses the TS Clubhouse. The 39th floor rooftop sky bar crowns the development.
Why Otres Beach is Cambodia’s Rising Star
Otres Beach development represents Sihanoukville’s future focus. The government shifted attention to this southern zone while cleaning up the city center. International brands like Starbucks and Brown Coffee returned here first, showing confidence in the area’s recovery.
Cambodian coastal development trends favor Otres Beach for several reasons. The beach offers cleaner sand and clearer water than central areas. Restaurant and cafe scenes are more developed. Tourist infrastructure is more mature. Property values have room to grow as the area develops further.
Sihanoukville infrastructure improvements directly benefit Otres Beach real estate. The new expressway makes weekend trips from Phnom Penh much easier. This opens the market to Cambodian families seeking second homes. Airport expansions will bring more international tourists to the area.
Investment Analysis: Numbers That Matter
Real estate Cambodia markets show signs of recovery after tough years. Time Square 10 Sihanoukville update data reveals 20% of units sold already. This absorption rate suggests healthy demand despite challenging market conditions.
Sihanoukville housing market prices hit bottom in 2022-2023. Current pricing at Time Square 10 reflects this market correction. Early buyers position themselves for potential gains as tourism and economic activity return to normal levels.
Cambodian property investment outlook improves with government infrastructure spending. Nearly $1 billion in planned improvements include port expansion, new airport facilities, and road upgrades. These projects support long-term property value growth.
Investment Return Projections:
- Rental yields: 6-8% annually expected
- Capital appreciation: 10-20% potential by 2027-2028
- Total investment: Starting at $40,000 entry point
- Financing: 10% down payment required
- Hold period: 3-5 years recommended minimum
Time Square 10 Sihanoukville Update – Living the Beachfront Lifestyle
Beachfront living Cambodia offers unique advantages. Wake up to ocean views every morning. Walk directly onto the sand from your building. Enjoy resort amenities without hotel costs. Host family and friends in your own space.
Condo units with sea views at Time Square 10 feature modern design and private balconies. Floor-to-ceiling windows maximize natural light and ocean vistas. Open floor plans create spacious living areas. Modern kitchens and bathrooms meet international standards.
Sihanoukville residential projects rarely offer this combination of location, amenities, and affordability. The beach club provides poolside service. The wellness center offers fitness and relaxation options. Children’s play areas keep families happy. The sky bar creates perfect entertainment space.
Market Timing and Future Outlook
Sihanoukville real estate news points to market recovery by 2026-2027. Tourism numbers are climbing back toward pre-pandemic levels. Infrastructure projects are moving forward on schedule. Chinese investment interest is returning to the province.
Cambodian tourism hub development plans target 5.4 million annual visitors by 2038. Coastal city investment benefits from this growth strategy. Government spending on port, airport, and highway improvements creates lasting value for property owners.
Time Square 10 Sihanoukville update shows smart timing for buyers. Purchase during the market bottom to capture recovery gains. Lock in today’s low prices before tourism fully rebounds. Benefit from infrastructure improvements already underway.
Supply and demand factors favor Otres Beach condos over the medium term. New project launches have slowed significantly. Existing inventory is being absorbed gradually. Quality beachfront developments like Time Square 10 should see stronger demand as the market improves.
Time Square 10 Sihanoukville Update – Who Should Consider Time Square 10?
Cambodian families can afford beachfront property for the first time at these prices. Weekend getaways become realistic with the new expressway. Children can enjoy beach vacations in your own space. Build family memories and wealth simultaneously.
Foreign investors gain legal property ownership through strata title structure. Cambodia offers political stability and economic growth. Currency tied to US dollar reduces exchange rate risk. Growing tourism supports rental income streams.
Expatriate residents working in Cambodia find beachfront living within reach. Escape city life on weekends easily. Enjoy resort amenities without resort prices. Build equity while improving quality of life.
Retirement planners can secure affordable coastal living for the future. Healthcare costs in Cambodia remain low. Weather is tropical year-round. Cost of living allows retirement savings to stretch further.
Due Diligence and Practical Considerations
Sihanoukville property market requires careful research before buying. Visit the site to see actual conditions. Check developer permits and approvals. Verify strata title documentation allows foreign ownership. Review construction timeline and completion guarantees.
Megakim World Corp history shows successful project delivery in Phnom Penh. Time Square series demonstrates consistent quality and completion. Financial stability appears strong based on multiple concurrent projects. This track record reduces developer risk concerns.
Legal considerations include understanding Cambodian property law. Foreign ownership limits apply to certain property types. Strata title condominiums allow 100% foreign ownership legally. Use licensed real estate agents for transactions. Consider legal representation for contract review.
Time Square 10 construction timeline extends to 2029. Long completion periods create both risks and opportunities. Prices may rise during construction as market recovers. Payment schedules spread costs over time. Monitor progress regularly through construction phase.
Amenities That Set Time Square 10 Apart
Resort-quality facilities make Time Square 10 special among Sihanoukville condos. The beach club provides direct sand access with poolside service. Multiple swimming pools cater to different activities and age groups.
The 31st-floor sky lounge features a 235-meter running track circling the building. Gym facilities include modern equipment and group exercise space. Wellness center offers spa services and relaxation areas. Children’s playground keeps young families entertained.
The 39th-floor sky bar creates perfect sunset viewing and entertainment space. Panoramic ocean views stretch to the horizon. Professional bar service and food options available. Private event hosting becomes possible in this elevated setting.
Security systems and 24-hour staff provide peace of mind. Parking facilities on floors 2-5 protect vehicles from weather. Landscaped green spaces create natural beauty throughout the property. Property management services maintain facilities and handle rentals.
Taking Action: Your Next Steps
Based on my experience analyzing Cambodian real estate markets, Time Square 10 presents a rare opportunity. The combination of beachfront location, proven developer, and below-market pricing creates compelling value. Market timing favors early buyers before tourism fully recovers.
I recommend visiting the sales office at Otres Beach to see the location firsthand. Brown Coffee next door provides convenient refreshments during your site visit. Walk the beach to appreciate the setting and nearby amenities.
Contact Cambodia Condo For Sale to arrange professional guidance through the purchase process. Our team understands both local market conditions and foreign buyer requirements. We can connect you with legal representation and financing options.
Resources for Further Research:
Learn More About Time Square 10:
- Official Time Square 10 Project Details
- DaBest Properties Time Square 10 Information
- Time Square 10 Video Tour
Additional Market Analysis:
These resources provide current pricing, floor plans, and market analysis to support your investment decision.
