Also known today as Naki Suites @ Silvertown, is a mid-rise serviced apartment / condominium tower in the core of BKK1, one of Phnom Penh’s busiest residential and commercial districts. The building combines individually owned condo units with hotel-style management and services run by Naki Group, so you’ll often see it marketed both as a condo and as a serviced apartment / hotel.
Project overview
Silvertown Metropolitan is a completed project, in operation since around 2014. Multiple project profiles and the developer indicate a tower of about 14 residential floors and 111 condo units, including a large penthouse of around 420 sqm on the top residential level.
It was originally built as a fully furnished condominium and later positioned as a serviced apartment / hospitality product. Today it’s still an actively managed building with a mix of studios, one-bedroom, two-bedroom and three-bedroom apartments, plus the penthouse.
Location and surroundings
Silvertown stands on the corner of Street 63 (Trasak Paem) and Street 400 in Sangkat BKK1, Khan Boeng Keng Kang, close to the border with Tonle Bassac.
From an urban context point of view:
- BKK1 is one of Phnom Penh’s main expat and embassy districts, with a high concentration of cafes, restaurants, serviced apartments and NGO / office buildings.
- The property sits within walking distance of popular coffee chains such as Starbucks and Brown Coffee and supermarkets like Thai Hout, and it is a short drive to Aeon Mall 1 and the Independence Monument / Norodom Blvd corridor.
- Major roads nearby include Preah Monivong Boulevard and Mao Tse Toung Boulevard, which connect BKK1 to the riverside, Russian Market and the airport road.
For tenants, that means day-to-day living can often be done on foot within the neighbourhood, with taxis and ride-hailing apps used for longer trips.
Building profile and design
Silvertown is a single-tower, mid-rise building of 15 storeys, with approximately 111 units.
Key physical characteristics from developer material:
- Fully furnished condo / serviced apartment product, not bare-shell units.
- Modern façade with large corner windows and a rooftop level that houses the pool, gym and sky bar.
- A ground-floor lobby with 24/7 staffed reception, plus two passenger lifts and one service / cargo lift to handle housekeeping and move-ins separately from residents.
The interior design is generally contemporary and practical: wooden flooring in bedrooms, built-in wardrobes and storage, and neutral colour schemes that are easy to rent out or personalize.
Unit mix and layouts
In practice Silvertown offers:
- Studio units – typically around the mid-40 sqm range, with an open sleeping / living area, galley kitchen, small dining corner and one bathroom.
- 1-bedroom units – often around 50–60 sqm with a separate bedroom, open-plan living / dining, kitchen and one bathroom.
- 2-bedroom units – generally in the 90–105 sqm range; typical layouts provide two bathrooms, a larger living area and more storage.
- 3-bedroom units – larger family-oriented layouts with three bathrooms and a central living space; open-plan living areas and modern kitchens with marble and stainless steel finishes.
- Penthouse unit – roughly 420 sqm, occupying the top residential level, highlighted in the developer’s materials as the flagship unit.
Most units are delivered fully furnished: queen-size beds, sofas, dining table and chairs, built-in cabinets and wardrobes, plus appliances in the kitchen. That set-up makes the building particularly oriented toward rental and “turn-key” ownership rather than buyers who want to do a full interior fit-out themselves.
Facilities and shared spaces
For a single-tower project on a compact BKK1 site, Silvertown has a relatively full set of shared facilities:
- Rooftop infinity pool with open views over BKK1 and central Phnom Penh.
- Communal gym / fitness centre, also on or near the rooftop level.
- Sky bar / rooftop F&B outlet (often referred to as SilverSky), which has also been used for breakfast service for hotel guests.
- Business centre or meeting room space
- Lobby and reception area with seating, concierge desk and mail / parcel handling.
- Security and building systems: 24/7 security and CCTV, backup generator, elevators (2 passenger + 1 cargo), and controlled access to residential floors.
- Parking: on-site car and motorbike parking which may require a charge
Services, operations and Naki Suites
A key feature of Silvertown Metropolitan is that it is run more like an apart-hotel than a typical strata condo:
- Silvertown is a serviced condominium with hotel-style operations, and Naki Suites @ Silvertown is marketed as a 4-star hotel brand using the building’s units.
- Services offered (some optional, some bundled) can include housekeeping, laundry, room service, shuttle service, concierge, reception and on-site maintenance.
- 24/7 reception and in-house housekeeping and laundry as part of the core offering.
For unit owners, this means the building is attractive for short-term and medium-term rentals and can host both long-stay residents and nightly guests. It also means management fees and service charges tend to sit closer to hotel / serviced apartment levels than to basic condo buildings, reflecting the higher service intensity.
Who this building tends to suit
Given its location, facilities and serviced nature, Silvertown Metropolitan generally appeals to:
- Single professionals and couples who want a ready-to-move-in, fully furnished apartment in BKK1 with on-site facilities and daily / weekly housekeeping available.
- Small families using the 2-bedroom and 3-bedroom layouts, especially those who want to be close to international schools, embassies and workplaces in central Phnom Penh.
- Investors focusing on serviced-apartment or apart-hotel style yields, including those using revenue-share or rent-to-own schemes that have been promoted in the past.
Because the building is now an established project rather than off-plan, buyers and tenants can directly inspect units, common areas and building condition rather than relying on renders.
Access, transport and nearby amenities
From Silvertown, residents can:
- Reach Tuol Sleng Genocide Museum, Independence Monument, Royal Palace and other central landmarks within roughly 7–15 minutes by car.
- Drive to Phnom Penh International Airport in around 40–50 minutes in normal traffic; about 17 km.
- Walk to a dense cluster of cafes, bars, restaurants, small supermarkets, clinics, spas and co-working spaces that line the surrounding BKK1 streets.
In practice, most residents rely on a mix of walking within BKK1 and ride-hailing or taxis for trips to other districts.
Key practical notes
- Tenure and buyer profile – Silvertown has historically been open to both local and international buyers, with strata-titled condo units marketed to overseas investors.
- Age of the building – completed around 2014, it is older than the newest wave of BKK1 condos, so potential buyers should pay attention to current condition of finishes and mechanical systems unit-by-unit.
- Management style – because it operates as a serviced apartment / hotel through Naki Suites, the building has more intensive services than a normal condo, which is a positive for convenience but can translate into higher running costs and more transient short-stay traffic in parts of the building.
- Parking and access – on-site parking exists but is limited compared to suburban developments; car parking may be charged separately while motorbike parking is typically easier to obtain.