Phnom Penh: June 8, 2026 – Megakim World Corporation officially celebrated the groundbreaking ceremony of Time Square 9 & 11 – The Gatsby Residence and The Time Castle, marking another major milestone in the company’s continued expansion and reaffirming investor confidence in Cambodia’s growing real estate market.
The ceremony brought together company executives, business leaders, investors, partners, and distinguished guests to witness the launch of what is expected to become one of Phnom Penh’s most prestigious residential developments.
Located in the heart of the capital’s sought-after BKK1 district, Time Square 9 – The Gatsby Residence will rise as a 39-storey luxury condominium designed to redefine modern urban living. Residents will enjoy premium facilities including a rooftop infinity pool, sky bar, fitness centre, landscaped communal areas, and panoramic views of Phnom Penh’s skyline.
The project continues the successful legacy of the Time Square brand, which has established a strong reputation for delivering quality developments in Cambodia’s most desirable locations. Over the years, Time Square has successfully developed residential projects across BKK, Toul Kork, Russia Market, and most recently Otres Beach in Sihanoukville.
Time Square is recognized as one of Cambodia’s biggest and MOST trusted condominium developers, known for its commitment to quality construction, strategic locations, and on-time project delivery. This proven track record has earned the confidence of both local and international buyers seeking long-term value and reliable investment opportunities.
Phnom Penh, Cambodia, is experiencing rapid development driven by major infrastructure projects, including the new Techo International Airport, expanding motorways, and increasing international business activity. These developments continue to strengthen the city’s position as a regional hub for investment, commerce, and tourism.
Foreign investors are increasingly attracted to Cambodia’s condominium market due to competitive property prices, attractive rental opportunities, and the legal framework allowing foreign ownership of condominium units. As demand for premium urban residences continues to grow, developments such as Time Square 9 & 11 are well-positioned to deliver both lifestyle and investment value.
With construction now officially underway, Time Square 9 – The Gatsby Residence represents more than a luxury residential project; it symbolises confidence in Cambodia’s future and the continued evolution of Phnom Penh as a modern international city.
Photo by: Supplied
