Time Square 9 - The Gatsby Residence
Art Deco elegance in Cambodia's diplomatic heart
Key Facts
| Type | Condominium |
| Completion | Pre-sale — 2029-12-31 |
| Total Units | 500 |
| Available Units | 4 unit types |
| Area | 57 – 0 m² |
| Price Range | $93,137 – $919,118 |
| Price per m² | $1,634/m² |
Description
Phnom Penh's diplomatic quarter is transforming into Cambodia's answer to Bangkok's Sukhumvit - and The Gatsby Residence at Time Square 9 positions European investors at the epicenter. This 36-storey Art Deco tower in BKK1 delivers what seasoned overseas buyers demand: a proven developer (Megakim World Corp's fourth Time Square project), genuine expat tenant pools (embassy staff, UN personnel, corporate executives), and entry pricing from PLN 380,000 for turnkey 57sqm units.
BKK1 commands Cambodia's highest rental premiums because infrastructure actually works here - international schools within 10 minutes, Calmette Hospital for European-standard care, and the density of multinational headquarters guarantees year-round occupancy. The project's rooftop infinity pool and sky bar aren't just Instagram features; they justify the 15-20% rent premiums over older stock that our Varsovia Estate team tracks in quarterly market reports. Concierge services and CCTV mirror what you'd expect in Warsaw's Mokotów, not typical Southeast Asian standards.
The financial structure suits risk-averse portfolios: 10-20% reserves your unit, then stretch remaining payments across 40 interest-free months until 2029 completion. Compare this to Thailand's 30% down / 70% on handover terms, and you're essentially dollar-cost averaging into a market where GDP growth has averaged 6.8% since 2016. Early Time Square phases now trade 40-60% above launch prices - not speculation, but documented resale data from Khmer24 and Realestate.com.kh that we verify during property inspections.
Varsovia Estate's Phnom Penh office has walked every Time Square tower. What separates serious projects from promotional fluff? Megakim delivers titled units (not leasehold gimmicks), uses Thai-standard concrete specs, and maintains properties post-handover. The Gatsby's 500-unit scale means genuine management budgets, not the skeleton-crew operations plaguing smaller developments. For Polish investors building Southeast Asian exposure beyond Thailand's saturated markets, this represents calculated expansion into Cambodia's most bankable postcode.
Available Units
Investment Analysis
$168
$2,014
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Our calculations are based on a conservative scenario - long-term annual rental contract, which provides stable and predictable income with occupancy rates of 88-95%. Short-term rental (daily/weekly via Airbnb, Booking) can generate 30-60% higher income during peak season, but involves higher risks: seasonal occupancy fluctuations (55-75% average), higher management costs, and furniture/turnover expenses. Rental rates are based on BKK1, Phnom Penh market averages for 2024-2025. All calculations are estimates. Actual returns may vary. This is not financial advice.
Amenities
Location
Similar Properties
Price Range
from $93,137(380 000 zł)
$1,634/m²
Type
Condominium
Area
57–0 m²
Completion
2029-12-31
Available Units
4 unit types
