Time Square 302

A second official page remains online with a very different description: 28 floors and 162 residential units in a residential-and-commercial scheme. That version conflicts with the visible scale of the building, the later official profile and the IPS data set. NovAsia therefore uses the more recent 49-floor, 370-unit configuration in the registry while preserving the discrepancy. Before reservation, the buyer should still request the current approved master plan, floor schedule and unit inventory rather than relying on either web page alone.

The tower is organised vertically. The updated project description places the lobby at ground level, parking on Levels 1–7 and one- and two-bedroom residences on Levels 8–36. Level 37 is planned as a shared amenity and entertainment floor. Larger three- and four-bedroom duplexes occupy Levels 38–47, while the roof level is assigned to the pool, gym, sauna and residents’ lounge. This separation creates distinct living zones within the same building and keeps the compact investment-oriented stock apart from the upper duplex collection.

Phase-one inventory covers the smaller and mid-sized homes. Public listings and official materials show one-bedroom apartments broadly between 50 and 67 sqm, while two-bedroom layouts appear at about 110 sqm and 125 sqm. These figures represent several stacks rather than a single standard plan. Buyers should ask for the exact stack code, orientation, floor, position relative to lifts and service cores, and the contractual area stated in the sale agreement.

The upper levels introduce a different product. The official page lists three-bedroom Duplex Queen homes at 145 or 160 sqm and four-bedroom Duplex King homes ranging from 170 to 210 sqm. The three-bedroom layout is described with four bathrooms, as is the four-bedroom version. A duplex can offer double-height volume and clearer separation between living and sleeping zones, but it also requires closer scrutiny of usable floor area, staircase efficiency, furniture scale, air-conditioning loads and future service charges.

The planned amenity programme is considerably broader than a basic pool-and-gym package. Level 37 is described with a garden park, café lounge, meeting room, VIP party room, karaoke, cinema, library lounge, table tennis, children’s play area and golf simulator. The upper club level adds an infinity-style pool, gym, yoga area, sauna and private lounge. Until the building opens, these should be treated as planned facilities: final equipment, operating hours, access policies and management rules still need confirmation.

BKK1 is one of the easiest central Phnom Penh districts for an international buyer to understand. Condominiums, serviced apartments, offices, embassies, restaurants, cafés, clinics and schools share a compact street grid. Time Square 302 sits within that grid on Street 302 between Street 63 and Monivong Boulevard rather than on a peripheral site. The trade-off is equally clear: daily convenience and a central address come with traffic, urban noise and limited open land around a high-rise tower.

As of the review date, the lowest public price anchor came from resale inventory rather than a developer launch sheet. The Time Square 302 profile on realestate.com.kh displayed a one-bedroom, 50 sqm resale offer from $85,000, followed by other one-bedroom listings around $96,000–$100,000 and above. A low headline price cannot be compared with a fresh unit without checking the payment history. It may represent the full assignment price, the seller’s requested premium or only the amount due to the current owner before the remaining developer balance.

The IPS profile published a $500 reservation, a 20% initial payment and a 40-month interest-free schedule for the remaining 80%. More recent market pages, however, indicate that the original developer allocation may be sold out and that current access is mainly through assignments and resales. The payment plan is therefore historical context, not a universal offer. For any available unit, obtain the statement of account, outstanding balance, next due date and the developer’s assignment procedure.

Completion timing is broadly aligned but not identical across sources. The newer official listing gives 2027, IPS specifies Q1 2027, while some earlier material refers to 2028. Topping out is a meaningful construction milestone, yet it does not establish that building services, common areas, interiors and handover documents are complete. The date that matters to a buyer is the one in the SPA for the selected unit, together with the contract’s extension and delay provisions.

Time Square 302 is best assessed as a large central condominium at an advanced construction stage, not yet as a fully operating rental asset. Its appeal is straightforward: a BKK1 address, a distinctive tower, several size categories and an ambitious amenity programme. The due-diligence list is equally specific: confirm the 49/370 approved configuration, legal title, outstanding resale payments, delivered fit-out, contractual completion date and future management terms. Those answers must be tied to the selected apartment rather than inferred from the project’s marketing identity.