NovAsia

Megakim World Corporation

Active NovAsia developer · 9 projects · checked 2026-07-24

Also known as: Megakim World Corp Ltd, Megakim World, Time Square Cambodia

Developer of the Time Square series; each numbered scheme must be checked as a separate project and contract.

Megakim World turned the Time Square series into its main product. Instead of inventing a new brand for every launch, the company repeated the name across BKK1, Toul Kork and the Russian Market area. That consistency helped buyers recognise the general proposition: an urban condominium in a proven district, practical layouts, furnished or near-ready homes and rooftop-led shared facilities.

The company dates its operations to 2011. Time Square 1 was completed in BKK1 in 2017, followed by Time Square 2 and 3 in Toul Kork. The 45-storey Time Square 306, also known as Time Square 5, reached completion in 2025.

Repetition became part of the appeal

Megakim does not attempt to create a completely new housing concept with every project. The series changes address and scale while remaining within the urban mid-market. Buyers can inspect earlier buildings and understand the broad logic: apartment sizes, typical amenities, management and rental performance.

The numbering is less intuitive. Time Square 306 and Time Square 302 are also described as the fifth and sixth developments. The family name helps recognition, but the street and exact building matter more than the number.

Time Square 302 topped out in BKK1 in March 2026. Time Square 7 in Toul Kork and Time Square 8 near the Russian Market contain hundreds of homes each. In June 2026, the company broke ground on Time Square 9 in BKK1 and Time Square 11 in BKK3.

Simultaneous expansion changes the risk

Megakim’s early projects were compact enough to be read as one development stage at a time. The current programme is much broader: several towers are moving forward simultaneously and unit counts are increasing.

The clearest departure is Time Square 10 near Otres Beach in Sihanoukville. The three-tower resort development, started in December 2025, takes an urban brand into a very different market. Phnom Penh demand is supported by work, education and long-term renting. A coastal project depends more heavily on seasonality, resort operations and the stability of tourism.

Completed Time Square properties provide a valuable operating record. They can see how the buildings operate and how much similar stock competes for tenants. In the new projects, familiarity with the name is no longer enough. The company must show that it can manage a much larger simultaneous construction programme without losing the straightforward product and handover discipline that made the series recognisable.

Megakim is a logical fit for buyers seeking a clear urban condominium proposition rather than rare architecture. The next portfolio stage, however, is no simple repetition of Time Square 1. It will test whether a serial developer can scale quickly while preserving delivery and long-term operating quality.

Legal name and role

Official sitetimesquarecambodia.com
Established2011
OriginCambodia
CitiesPhnom Penh, Sihanoukville
SegmentsCondominium, Residential

Role in projects

Active NovAsia projects

Time Square 9, Phnom PenhrenderRender: developer/project materials
Condominium

Time Square 9

Phnom Penh · BKK1
Megakim World Corporation
Based on developer material
Residential high-rise · 39 floors · about 600 units · 1–4 BR
Price on requestAvailability and price confirmed personallyCurrent price requires confirmation.
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Time Square 11, Phnom PenhPhoto: developer/project materials
Type to confirm

Time Square 11

Phnom Penh
Megakim World Corp Ltd
Multiple market sources
Project details are being confirmed.
Price on requestAvailability and price confirmed personallyCurrent price requires confirmation.
AskOpen

Market profiles

Time Square 10 Ocean View at Otres Beach, SihanoukvillerenderRender: official Time Square Cambodia materials
Condominium

Time Square 10

Sihanoukville · Sihanoukville
Megakim World Corp Ltd
Multiple market sources
Oceanfront residential condominium · 39 floors · 1300 units
Time Square 10 is a condominium by Otres Beach in Sangkat Bei.
From $39,900Availability and price confirmed personallyFrom $39,900 on the public ERA Cambodia profile checked on July 18, 2026. This is a promotional market anchor, not confirmation of current stock: the selected unit, availability, final price, discounts and payment terms must be verified again with the seller before reservation.
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Other referenced

Time Square 306, BKK1, Phnom PenhPhoto: IPS Cambodia, a specific to the project Time Square 306 listing
Condominium

Time Square 306

Phnom Penh · Boeng Keng Kang
Megakim World Corp. Ltd
Based on developer materialCompleted
Residential and commercial high-rise · 27 floors · 180 units
From $122,500Availability and price confirmed personallyFrom $122,500 on an active IPS Cambodia page checked on July 18, 2026: a one-bedroom, 45 sqm apartment on the 24th floor. This is a lower public resale-market reference, not guaranteed stock. The specific unit's price, condition, fit-out, title and transaction terms must be confirmed directly with a NovAsia specialist before any payment.
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Time Square 302 exterior tower render in BKK1, Phnom PenhrenderRender: official Time Square Cambodia website
Condominium

Time Square 302

Phnom Penh · Boeng Keng Kang
Megakim World Corp Ltd
Based on developer materialUnder construction
Residential and commercial high-rise · 28 floors · 162 units
From $85,000Availability and price confirmed personallyFrom $85,000 among resale offers shown in the Time Square 302 profile on realestate.com.kh, checked on July 18, 2026. This is a lower market anchor rather than a guaranteed developer price: the exact unit, outstanding payment balance, fit-out, availability and transaction terms must be confirmed directly with a NovAsia specialist.
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Time Square 7 residential tower in Toul Kork, Phnom PenhrenderRender: Time Square 7 project page on ERA Cambodia
Condominium

Time Square 7

Phnom Penh · Toul Kork
Megakim World Corp. Ltd.
Based on developer materialUnder construction
Residential high-rise; the source calls it mixed-use · 49 floors · 700 units · 1–4 BR
From $39,900Availability and price confirmed personallyFrom $39,900 on the ERA Cambodia project profile checked on July 18, 2026. This is a lower public market anchor; availability, the actual price of a selected unit, included finishes and current transaction terms must be confirmed directly with a NovAsia specialist.
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Time Square 8 residential tower render on Street 410 in Phnom PenhrenderRender: official Time Square 8 website
Condominium

Time Square 8

Phnom Penh · Chamkar Mon
Megakim World Corp. Ltd
Based on developer materialUnder construction
Residential high-rise · 50 floors · 700 units · 1-3 BR
From $60,450Availability and price confirmed personallyFrom US$60,450 (listing dated 01.04.2026)
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Time Square 3, Toul Kork, Phnom PenhPhoto: KH Properties
Mixed-use

Time Square 3

Phnom Penh · Toul Kork
Megakim World Corp. Ltd
Based on developer materialCompleted
Residential and commercial high-rise · 25 floors · 280 units
From $58,000Availability and price confirmed personallyFrom $58,000 in current resale listings on Realestate.com.kh checked on August 12, 2026. This is the lowest public market asking level found, not a developer price: the specific unit, availability, title, furnishings and transaction terms need separate confirmation.
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Time Square 4 / Time Square III, Toul Kork, Phnom PenhPhoto: KH Properties, specific to the project Time Square 3 listing
Mixed-use

Time Square 4

Phnom Penh · Toul Kork
Megakim World Corp. Ltd
Based on developer materialCompleted
Completed mixed-use condominium and office tower · 25 floors · 280 units
From $58,000Availability and price confirmed personallyFrom $58,000 in an active Realestate.com.kh listing checked on August 4, 2026. This is a lower resale-market reference for one advertised unit, not a fixed project price: the apartment, measured area, condition, furniture, title, availability and transaction terms must be confirmed separately.
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What to verify in the transaction

Open questions and source differences

Confirmed
  • The official site states operations since 2011
  • The Time Square series has multiple publicly traceable projects
  • Current project materials associate TS9 and TS11 with Megakim
Not confirmed
  • Full registered name and beneficial owners
  • Project SPVs for each numbered scheme
  • Exact completion dates of the earlier buildings
Source conflicts
  • Megakim World, Megakim World Corp Ltd and Time Square Cambodia are used inconsistently

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Read also

Sources

What this page is based on. We do not publish outbound links — each source is named so you can find and re-check it yourself.

  1. timesquarecambodia.com — Time Square Cambodia — Official Megakim / Time Square website · 24.07.2026
  2. cambodiainvestmentreview.com — Cambodia Investment Review — Time Square 10 groundbreaking at Otres · 24.07.2026
  3. realestate.com.kh — Realestate.com.kh — Time Square 9 project listing · 24.07.2026