Time Square 302

This description is meant to help buyers understand how the project is set up, where it sits in the city, and what to look at more closely before making a decision.

Location & Neighborhood

Time Square 302 is located on Street 302 in BKK1, one of Phnom Penh’s best-known city-center areas. The neighborhood is laid out on a grid of streets filled with condos, serviced apartments, boutique hotels, embassies, cafés, and restaurants.

From this location, most daily needs are within a short walk: coffee shops, small supermarkets, pharmacies, gyms, clinics, and co-working spaces. Major landmarks like Independence Monument, Riverside, and the Royal Palace are within a short drive, as are larger shopping malls such as AEON.

It’s a busy and dense part of the city. That brings convenience but also means traffic, construction nearby, and some nightlife activity. Buyers who are sensitive to noise or building density may want to pay attention to floor level and which direction the unit faces.

Building & Overall Layout

Time Square 302 is designed as a tall single tower standing on a multi-level podium. The lower levels are mainly used for parking and the main lobby, with residential floors stacked above.

Mid-level floors hold regular “flat” apartments, while the upper section is reserved for larger duplex units. Somewhere in the upper-middle part of the building, there is a dedicated amenity floor, and the rooftop is set aside for outdoor and leisure facilities.

The exterior has a repeated pattern of windows and balconies, giving the building a strong vertical and geometric look compared with some of the simpler box-shaped towers nearby.

Unit Types & Sizes

The project is split into two main residential sections:

Phase 1 – 1 & 2 Bedroom “Flat” Units (Approx. 8F–36F)

The lower and mid-level residential floors are planned with standard single-level apartments:

Most 1-bedroom units are compact city homes, suited to single residents or couples who mainly want a central base in BKK1. They generally combine a small open-plan living and kitchen space with one bedroom and one bathroom.

The 2-bedroom layouts are larger and more suitable for small families, sharers, or buyers who want more storage and living space. These typically come with two bedrooms, one or two bathrooms, and a more generous living area.

Exact sizes and layouts vary by stack and floor, so it’s important to look closely at the specific floor plan for any given unit.

Phase 2 – 3 & 4 Bedroom Duplex Units (Approx. 38F–47F)

The upper section of the tower is reserved for duplex units. These homes are spread over two levels with an internal staircase, usually with living areas on one level and most bedrooms on the other.

The 3-bedroom duplexes are aimed at larger households that want a bit more privacy and separation between living and sleeping areas. The 4-bedroom duplexes are the largest homes in the building and are designed more like city houses in the sky, with bigger living rooms and more bedrooms, sometimes suitable for multi-generational living.

Again, individual sizes and layouts will differ. Buyers should confirm net and gross areas for the exact unit they are considering rather than relying only on sample layouts.

Facilities & Shared Areas

Time Square 302 includes a dedicated amenity floor in the upper-middle of the tower and additional shared spaces on the rooftop.

On the rooftop level, residents can expect a swimming pool, fitness area, and some form of landscaped or seating space to take advantage of the height and views. These areas are meant for daily exercise, casual relaxation, and social use.

On the amenity floor below, the project includes a mix of indoor facilities such as gym and wellness spaces, games and entertainment rooms, children’s play areas, small lounges, and rooms that can be used for meetings, movie nights, or private gatherings.

Lower levels of the building provide multi-level car parking, a ground-floor lobby and drop-off area, and the usual core services like lifts, security, and reception. The exact list of facilities and how they are managed should always be checked in the latest building and management documents.

Developer & Track Record

The project is part of the Time Square series developed by Megakim World Corp Ltd. The same developer has already completed and handed over several condo towers in Phnom Penh under the Time Square brand in districts like BKK1, Toul Kork, and Toul Tom Pong.

For a buyer, this mainly matters in terms of:

• Experience with high-rise construction in Cambodia
• A repeatable design and project formula that they have used before
• A track record of delivering previous phases that can be visited and inspected

Time Square 302 follows the same general approach but scales it up in height and adds a broader range of unit types, especially at the upper floors.

Construction Status & Timeline

Time Square 302 is an under-construction project, with handover targeted in the second half of the 2020s. The developer states that the project will be completed by the end of 2026. There’s also a standard 6-month grace period available should the developer need it.

For anyone buying off-plan, it’s important to ask for:

• Current construction progress
• The expected handover quarter for their unit
• Contract clauses around delays, extensions, and possible penalties

Construction schedules can change, so the contract should be treated as the main reference rather than early marketing material.

Pricing, Costs & Market Positioning

Launch information for Time Square 302 has positioned the smaller units as the entry point into the project, with prices previously promoted from the lower end of the USD 80,000 range for the smallest apartments at early phases. Larger apartments and duplex units are priced higher in both absolute and per-unit terms.

Actual current pricing depends on:

• Unit type and size
• Floor level and view
• Remaining availability
• Any discounts or promotions at the time of purchase

Beyond the headline unit price, buyers should factor in:

• Monthly management and common area fees
• Utility connection deposits and meter setup
• Furniture and fit-out if buying an unfurnished unit
• Taxes and later costs if they plan to sell in the future

Who This Project Typically Suits (Neutral View)

Looking at the layout, size range, and location, Time Square 302 tends to appeal to:

• Single professionals and couples who want a compact one-bedroom apartment in a central, walkable area
• Small families or sharers who use the two-bedroom units as a long-term city base
• Larger households or buyers wanting more space in the upper-floor duplexes
• Investors focused on the BKK1 rental market, where there is solid tenant demand but also a lot of competing supply

This is not advice for or against the project. It is simply how the mix of units and location lines up with different types of occupants.

Practical Points for a Buyer to Check

Before making a decision on Time Square 302, it’s worth going through a simple checklist:

• Confirm the exact unit position, floor, and view, not just the tower name and type letter
• Check the net and gross area in the contract and make sure it matches your expectations
• Review what is included in the base unit (kitchen, wardrobes, air-conditioners, bathroom fittings, etc.)
• Go through the payment schedule, including any developer financing and penalties for late payment
• Ask for the estimated monthly management fee and what services it covers
• Look at the latest construction photos and timelines rather than relying only on early brochures

Used together, these points help build a realistic picture of what owning a unit in Time Square 302 actually looks like in practice.