Time Square 10: Beachfront Condo in Sihanoukville
Looking for a premium lifestyle property or a high-yielding coastal asset? Discover Time Square 10 Beachfront Condo in Sihanoukville. Situated on the pristine shores of Otres Beach 1, this landmark 39-story development by MegaKim World Corp combines entry-level affordability, world-class resort amenities, and guaranteed foreign freehold strata titles.
The New Era of Coastal Luxury: Time Square 10 on Otres Beach
The launch of Time Square 10 Beachfront Condo in Sihanoukville marks a profound turning point for Cambodia’s premier seaside real estate market. Driven by the highly successful Phnom Penh–Sihanoukville Expressway—which has slashed travel time from the capital to just two hours—the tranquil southern stretch of Otres Beach 1 has rapidly emerged as the city’s new heart of upscale leisure and expatriate living. Moving away from the dense urban core, Time Square 10 offers a peaceful, master-planned waterfront community that sets an entirely new benchmark for coastal architecture in the Kingdom.
Spanning three interconnected towers—Ocean Diamond, Ocean Gold, and Ocean Crystal—the 39-story structure is strategically angled to maximize natural tropical elements, ensuring every single unit captures refreshing ocean breezes, natural sunlight, and majestic panoramic views over the Gulf of Thailand. Planning is organized vertically for optimal convenience: an elite beachfront club concept and arrival lobby occupy the ground level, secure internal parking is set across floors 2 to 5, premium residential apartments span floors 6 to 30, and the entire 31st floor is dedicated to an extraordinary Sky Lounge featuring a sky pool, fitness center, yoga studio, running track, and kids’ zones.
Cambodia’s highly transparent legal framework heavily protects global capital, making this development an exceptional vehicle for both personal holiday homes and international real estate portfolios. Under the national Strata Title Law, foreign investors can legally claim 100% unconditional freehold ownership of individual condominium units registered directly in their own names. Backed by MegaKim World Corp’s flawless 100% delivery track record across Phnom Penh, Time Square 10 offers unparalleled investor security, highly competitive pricing starting at just $1,000 per square meter, and highly flexible, interest-free payment terms tailored for international buyers.
Key Project Specifications
| Feature | Project Details |
|---|---|
| Project Name | Time Square 10 (Otres Beach) |
| Developer | MegaKim World Corporation |
| Location | Otres Beach 1, Sangkat Bei, Sihanoukville (Opposite Brown Coffee) |
| Structure | 3 Interconnected Towers / 39 Stories |
| Total Units | Approx. 1,300 Residential Condominiums |
| Unit Types | 1 to 4-Bedroom Flats & Luxury High-Floor Duplexes |
| Ownership Type | Hard Title / Foreign Freehold Strata Title |
| Price Point | Starting from ~$1,000 / sqm |
| Estimated Completion | June 2029 |
Frequently Asked Questions (FAQ)
Yes. Foreign nationals can securely obtain 100% outright ownership of units at Time Square 10 via a fully legal Strata Title (Hard Title) registered at the Ministry of Land Management, Urban Planning and Construction. Cambodian law permits foreign ownership on any floor from the 1st floor upward, provided the total international quota within the building does not exceed 70%, making it a seamless process for global buyers.
Time Square 10 is intelligently split into three distinct wings to accommodate different buyer profiles: Ocean Crystal serves as the primary hub for smart 1-bedroom layouts (floors 6–30); Ocean Gold occupies the middle section offering larger, versatile 1, 2, and 3-bedroom formats; and Ocean Diamond represents the prestigious front-facing wing featuring premium 2 to 4-bedroom residences and expansive luxury duplexes on the highest floors (levels 32–37).
Investment cash flow is highly manageable due to the developer’s flexible 20/40/40 structural milestone payment schedule. Buyers typically secure a unit with a standard booking fee ($1,000 to $3,000), followed by a 10% to 20% down payment upon signing the Sales and Purchase Agreement (SPA). The remaining balance is distributed via interest-free monthly installments of roughly 1% throughout the 45-month construction timeframe, aligning capital deployment directly with building progress.