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Silversea

Condominium · District 15 (Marine Parade / Katong / Joo Chiat) · Rest of Central Region · 99-year lease (80 yrs left) · Updated May 2026

Silversea is a 99-year lease (80 yrs left) condominium development in District 15 (Marine Parade / Katong / Joo Chiat). It has 107 recorded private transactions. Latest sale: $3,120,000 (May 2026, 140 sqm, floors 01-05). Median $2,016/sqft. Prices up 17.5% over the period. 80 years lease remaining.

Latest Sale
$3,120,000
May 2026 · 140 sqm
Median Price
$2,016/sqft
$3,188,000 typical unit
Transactions
107
$1,580–$2,368 psf
Price Trend
▲ 17.5%
~3.4% a year

Where Silversea ranks in District 15

All 274 projects ›
Median psf
Top 17%
#47 / 274 Top 17%
Typical unit price
Top 8%
#23 / 274 Top 8%
Most recent sale
Top 15%
#41 / 274 Top 15%
Price growth
Top 51%
#104 / 205 Top 51%

Median psf over time

Estimate a unit at Silversea

Based on URA transactions for this development. Pick a floor band and unit size.

Estimated value
Project forward
Market growth +3.4%/yr
Lease decay −0.24%/yr
Growth scenario
In 5 years

Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.

Lease decay

80 yrs
Remaining lease
0.24%
Annual decay (Bala's Table)
2007
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.24% a year.

Price by floor

Floor bandMedian psfTransactions
01-05 $2,054 34
06-10 $1,978 23
11-15 $2,089 26
16-20 $2,008 24

Recent transactions

DateFloorType AreaPricepsf
May 2026 01-05 Resale 140 sqm $3,120,000 $2,070
May 2026 06-10 Resale 91 sqm $2,130,000 $2,175
May 2026 11-15 Resale 157 sqm $3,700,000 $2,189
Apr 2026 16-20 Resale 153 sqm $3,850,000 $2,338
Apr 2026 16-20 Resale 99 sqm $2,360,000 $2,215
Apr 2026 01-05 Resale 90 sqm $2,190,000 $2,261
Mar 2026 16-20 Resale 99 sqm $2,380,000 $2,233
Mar 2026 11-15 Resale 99 sqm $2,388,000 $2,241
Feb 2026 01-05 Resale 141 sqm $3,325,000 $2,191
Feb 2026 01-05 Resale 147 sqm $2,950,000 $1,864
Feb 2026 11-15 Resale 234 sqm $5,058,000 $2,008
Jan 2026 16-20 Resale 235 sqm $5,258,000 $2,079
Jan 2026 11-15 Resale 233 sqm $4,800,000 $1,914
Jan 2026 01-05 Resale 139 sqm $2,970,000 $1,985
Dec 2025 16-20 Resale 153 sqm $3,620,000 $2,198
Nov 2025 01-05 Resale 91 sqm $2,100,000 $2,144
Nov 2025 01-05 Resale 138 sqm $3,300,000 $2,222
Nov 2025 11-15 Resale 99 sqm $2,388,000 $2,241
Nov 2025 01-05 Resale 140 sqm $3,280,000 $2,177
Oct 2025 16-20 Resale 235 sqm $5,080,000 $2,008
Oct 2025 01-05 Resale 146 sqm $3,250,000 $2,068
Oct 2025 01-05 Resale 142 sqm $3,290,000 $2,152
Sep 2025 01-05 Resale 147 sqm $2,915,000 $1,842
Sep 2025 06-10 Resale 146 sqm $3,370,000 $2,144
Sep 2025 16-20 Resale 229 sqm $4,950,000 $2,008
Showing 25 of 107 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.
Primary schools nearby

Silversea is inside the 1 km Primary 1 priority zone for 1 primary school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near every primary school
Distances are straight-line (aerial) from the development, the same basis MOE uses for Home–School Distance priority. Being inside a priority zone improves but does not guarantee a place.
Where this home sits, and its schools
1 school in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Private condos and apartments closest to Silversea, with their median resale psf. Useful for comparing what Silversea costs per square foot against nearby developments.

More condos in District 15
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.

About Silversea

Silversea is a leasehold condominium development in District 15 (Marine Parade / Katong / Joo Chiat), within the Rest of Central Region of Singapore. Its $2,016 psf median runs about 23% above the District 15 median, ahead of around 83% of projects there. It has a busy transaction history, with 107 sales between 2021-07 and 2026-05, ranging from $1,720,000 to $9,500,000. The most recent transaction was a 140 sqm unit (floors 01-05) at $3,120,000 in May 2026, and the median is $2,016 psf. Over the data window, prices here are up about 17.5% (about 3.4% a year). On Bala's Table (the SLA leasehold valuation model), the relativity ratio at 80 years remaining is 0.9362, an annual lease decay of about 0.24%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at Silversea cost?

The most recent transaction at Silversea was $3,120,000 for a 140 sqm unit in 2026-05. The median price is $2,016 per square foot across 107 transactions, ranging from $1,720,000 to $9,500,000. Data sourced from URA.

Is Silversea freehold or leasehold?

Silversea is on a 99-year lease commencing in 2007, with approximately 80 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.24%.

What is the price per square foot (psf) at Silversea?

The median price at Silversea is $2,016 psf, with transactions ranging from $1,580 to $2,368 psf. This is based on 107 URA-recorded transactions in District 15.

Have prices at Silversea gone up or down?

Prices at Silversea have increased by approximately 17.5% over the data period (around 3.4% a year). The median price is currently $2,016 psf, with the most recent sale at $3,120,000 in 2026-05.