Time Square 1 is a mid-rise serviced apartment and condo building in Boeng Keng Kang 1 (BKK 1), Phnom Penh.
It has 17 floors and around 78 units, and it was completed a few years ago, so it’s already a fully lived-in project rather than a new launch.
Location & Neighborhood
Time Square 1 is on Street 278 in BKK 1, one of Phnom Penh’s most central and walkable neighborhoods. The area is known for its mix of residential buildings, cafés, bars, restaurants, small offices, and embassies.
Living here, most daily needs are within a short walk or quick ride. You’re close to:
- Major roads like Norodom Boulevard and other main city arteries
- Supermarkets, coffee shops, gyms and convenience stores
- International schools, clinics, banks and other services
BKK 1 is generally seen as an “inner-city” district with higher rents than many other parts of Phnom Penh, mainly because of its location and the number of expats and professionals who live and work here.
Building & Design
Time Square 1 is a single-tower development with a simple, modern look. The design is straightforward: a mid-rise tower with regular floor layouts and balconies facing the city.
The building is set up like a typical serviced apartment:
- Ground floor and lower levels are used for the entrance, reception and parking
- Residential floors are above
- A rooftop level is used for the main leisure facilities
It fits into the existing BKK 1 skyline and focuses on practical city living.
Units & Layouts
The project is mostly made up of one-bedroom units, with a smaller number of larger layouts.
Typical unit mix:
- 1-bedroom units – usually around the 60 m² range, with an open living and dining area, one bathroom, a compact kitchen, and often a small balcony
- Some 2-bedroom units or combined layouts – these are fewer and usually come from larger corner positions or joined units
Most units are sold or rented fully furnished, including basics such as bed, sofa, dining set, wardrobes, air-conditioning, and kitchen fittings. Furniture and decoration can differ from unit to unit, depending on the owner and how much they’ve updated the place.
Facilities & Services
Time Square 1 offers the core facilities you’d expect from a mid-range serviced apartment building in central Phnom Penh. These typically include:
- Rooftop swimming pool
- Fitness room / gym
- 24-hour security and CCTV
- Elevators serving all residential floors
- On-site management or reception area
- Parking space for cars and motorbikes (as is normal in BKK 1, parking is not unlimited)
In many cases, units are operated on a serviced basis, so things like housekeeping, Wi-Fi and cable TV may be included in the rental package. The exact details depend on each unit and the landlord or management agreement.
Ownership & Legal Structure
Time Square 1 is structured as a condominium with individual unit ownership. Units are generally held on a freehold basis (strata title), similar to other modern condo buildings in Phnom Penh.
For foreign buyers, this typically means:
- You can own a unit in your own name, as long as it’s above the ground floor and within the usual foreign ownership quotas
- You own the unit itself, not the land underneath
- Available units now are resale units from existing owners, since the project is already completed
This setup is standard for condo projects in central Phnom Penh and is commonly used by both local and foreign buyers.
Rental & Occupancy Context
BKK 1 is one of the pricier rental districts in the city, especially for serviced apartments and condos with facilities. One-bedroom and two-bedroom units in this area tend to command higher rents than similar units in outer districts.
Time Square 1 generally fits into the mid to upper-mid rental bracket for BKK 1. Rents vary depending on:
- Unit size and floor level
- Whether it is a 1-bedroom or a larger layout
- How modern or upgraded the furniture is
- What is included in the monthly rate (cleaning, internet, utilities, etc.)
Because the building has been in operation for several years, it normally has a steady mix of medium- and long-term tenants.
Who Typically Lives Here
The building mainly attracts people who want to live in central Phnom Penh with easy access to work and daily services. Common tenant profiles include:
- Single professionals working in nearby offices, NGOs, or embassies
- Couples who want a compact city apartment with facilities
- Medium-term expats who prefer a serviced apartment setup rather than a bare unit
The units are usually not large enough to be the first choice for big families, so the resident base tends to be adults with no or few children.
Practical Points to Keep in Mind
If you’re considering Time Square 1, a few practical details are worth checking on a unit-by-unit basis:
- Layout and size – Most units are one-bedroom apartments in the 60 m² range, so check whether the layout suits your daily routine and storage needs.
- Condition and fit-out – As the building is not brand new, some units may show more wear than others. Renovated and freshly furnished units can feel quite different from older ones.
- What’s included in the package – Clarify whether the advertised price includes management fees, cleaning, gym and pool use, internet, and parking, or if these are extra.
- Noise and surroundings – BKK 1 is busy and active, especially around streets with cafés and bars. It’s convenient but not a quiet suburban environment.
- Comparison with newer towers – Newer Time Square projects may have larger facilities and different unit mixes, but they might also still be in earlier stages of their life cycle. Time Square 1 is already a “proven” building in terms of occupancy and day-to-day operation.
