Description

The TIME CASTLE XI project in Phnom Penh from the developer Megakim World Corporation. We offer to make an excellent investment, below is all the information on the project.:

Advantages of buying an apartment in the TIME CASTLE XI project:

- BKK3 borders BKK1, but the entrance fee is lower — at the same time you stay in the city center

- There is a limited supply of modern condominiums in the area with stable rental demand

- The format is more focused on long-term accommodation, rather than a hotel model. This is the demand of expats, entrepreneurs and those who want to live in the center, but without the noise of BKK1

- 39 floors, 390 units — a large-scale, but not overloaded project

- Rooftop area with sky pool, sky gym, sky lounge - the infrastructure level corresponds to the modern premium format

Project Information:

Location: 113 Street, BKK3 (Near St 390)
Developer: Megakim World Corporation
Number of floors: 39
Land area : 828 m2
Total units: 390
Architect of the project: Dominique Desmet
BKK3 is the center of Phnom Penh, but without the overload of BKK1. The area is already fully formed: schools, cafes, fitness, supermarkets are all within walking distance. At the same time, there is a stable demand for rent due to expats and businesses. The BKK zone is traditionally the most liquid in the city.

Time Square 11 is released here, actually on the same line as the Russian Market. To understand the dynamics: Time Square 8, located in the same area, has become one of the bestsellers.

Project infrastructure:

Ground Floor (GF): lobby

2F-6F: Parking

7F - 39F: apartments

Roof Floor (RF): sky lounge, sky pool, sky gym, kid room, island deck

Terms of purchase:

Reservation — 500$

PV — 20%

Installment plan — 35% (1% per month × 35 months)

Balance — 45% (closing, or a 10-year loan at 10%)

Cost per 1m2: from $1,150

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2-BEDROOM APARTMENT, purchase option:

Apartment type: A3

Area: 75 m2 (gross)

Floor: 7 (corner)

Base price: 96,580 $

Price with 10% discount: 86,922 $

Price per 1m2: 1,158 $

1. Reservation: 500 $

2. Initial payment of 20%: $17,384 (minus reservation → $16,884)

3. 35% installment plan: 30,422 $ ≈ 869$ per month or ~5,2154$ every six months

4. 45% balance: $39,114 (or a 10-year loan at 10%)

• Payment Methods: Cryptocurrency / SWIFT transfer
• Remote Purchase Available: Transactions can be completed fully remotely.

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The most interesting units of the TIME CASTLE XI project in terms of appearance and liquidity:

If you look at the plan from the 7th to the 39th floor, then the most promising in appearance is the upper side, the direction towards BKK1. It is there that the panorama of the city center opens. In the evening, the whole downtown is shining, and when buying above the average floor, it is already a full-fledged "generic product".

What we highlight:

A3 and A5 — 2 BEDS OF 75 m2 (on the sides of the top). These are flagship two-bedroom apartments with the best orientation. A format for a family or a long-term high-level tenant. View + area = the most stable liquidity.

C2, C3 — 1 BED 45 m2 (upper central part). The optimal balance of price and square footage. The most understandable format for renting to an expat.

D — 1 BED 38 m2 (top). The most compact entrance to the project with a good orientation. With the right floor, it's a great investment option with a minimal entry budget.

Additionally, it is worth paying attention to A1 (2 BED 75 m2) — the lower left part. This is a more relaxed orientation, but the 75 m2 format itself is always in demand.

The key point is the floor. The higher the price, the stronger the wow factor and the easier it is to rent more expensive. In the center of Phnom Penh, it is the view that forms the premium for rent and resale. Therefore, it is important not just to choose the type, but to choose the right side and the right floor.

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We are a licensed expert real estate agency in Cambodia.

Our professional team provides a full cycle of transaction support and customer assistance at every stage of interaction. We not only sell real estate, but also provide a full range of post-sale services: facility management, interior design, rental and a full service for buying and selling real estate, including legal support.

In addition, we organize individual investment tours and online screenings so that you can personally familiarize yourself with projects in Cambodia and choose the best investment sites.

About the project: https://nhsmcambodia.com/time-castle-11/

Contact us — we are always ready to help you make your investment as profitable and safe as possible. https://nhsmcambodia.com/contact/