Apartment in Phnom Penh, Cambodia, 43 m²

Time Square 5: apartments for sale in a top location in Phnom Penh

A liquid turnkey investment project with a high rental income and an increase in the price per square meter.

Location: BKK1 Business Center is Phnom Penh's most sustainable area in terms of rental and resale.

The project was implemented by the developer MegaKim World Corp, a company with a proven history of project implementation in the central districts of the city.

About the project:

• 45 floors, 350 apartments, with 1,2,3 bedrooms
• Swimming pool, Gym, Playground, Sky-bar, Parking
• Start of construction: 2022
• Completion of the facility: December 2025.

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Available 1 & 2 bedroom apartments for purchase:

• 8B3, 1BR, 60 sq.m., 8th floor. - $90,366
• 8D, 1BR, 43 sq.m., 8th floor - $70,720
• 24B1, 1BR, 60 sq.m., 24 fl. - $105,226
• 24S3, 1BR, 50 sq.m., 24 fl. - $87,689
• 24A2, 2BR, 80 sq.m., 24 fl. - $139,999

Payment plan:

• 50% - initial payment
• 50% - installments for 6 months or a loan from the developer for 10 years at 10% per year.

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Additional expenses:

• 4% Stamp duty/one-time payment, when submitting documents for registration of ownership with 100% payment/
• 0.1% per year /property tax/
• $3,000- 5,000 /Furniture + appliances/
• $48 /$0.8 sq. m./ Managment Fee /utility bills/
• ***The tax on rental income and income on assignment is not paid if a loan is issued from the developer, before the transfer of ownership of the object./

To get advice, please contact us. We are always ready to help you make your investment as profitable and safe as possible.