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Silversea

Condominium · District 15 (Marine Parade / Katong / Joo Chiat) · Rest of Central Region · 99-year lease (80 yrs left) · Last sale Sep 2026·Data as of Oct 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: $4,908,000 (Sep 2026, 233 sqm, floors 11-15). Median $2,044/sqft. Prices up 16.2% over the period. 80 years lease remaining.

Latest Sale
$4,908,000
Sep 2026 · 233 sqm
Median Price
$2,044/sqft
$3,250,000 typical unit
Transactions
107
$1,706–$2,368 psf
Price Trend
▲ 16.2%
~3.2% a year

Where Silversea ranks in District 15

All 261 projects ›
Median psf
Top 19%
#50 / 261 Top 19%
Typical unit price
Top 8%
#22 / 261 Top 8%
Most recent sale
Top 5%
#12 / 261 Top 5%
Price growth
Top 47%
#86 / 184 Top 47%

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 +3.2%/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 $2,069 32
06-10 $2,085 23
11-15 $2,047 27
16-20 $2,016 25

Recent transactions

DateFloorType AreaPricepsf
Sep 2026 11-15 Resale 233 sqm $4,908,000 $1,957
Sep 2026 16-20 Resale 235 sqm $5,450,000 $2,155
Sep 2026 01-05 Resale 147 sqm $2,950,000 $1,864
Aug 2026 06-10 Resale 140 sqm $3,080,000 $2,044
Jul 2026 16-20 Resale 153 sqm $3,900,000 $2,368
Jul 2026 06-10 Resale 139 sqm $3,260,000 $2,179
Jul 2026 06-10 Resale 139 sqm $3,300,000 $2,206
Jun 2026 06-10 Resale 140 sqm $3,300,000 $2,190
May 2026 11-15 Resale 157 sqm $3,700,000 $2,189
May 2026 01-05 Resale 140 sqm $3,120,000 $2,070
May 2026 06-10 Resale 91 sqm $2,130,000 $2,175
Apr 2026 16-20 Resale 99 sqm $2,360,000 $2,215
Apr 2026 16-20 Resale 153 sqm $3,850,000 $2,338
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 01-05 Resale 139 sqm $2,970,000 $1,985
Jan 2026 11-15 Resale 233 sqm $4,800,000 $1,914
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 11-15 Resale 99 sqm $2,388,000 $2,241
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 $2,044 psf median runs about 21% above the District 15 median, ahead of around 81% of projects there. It has a busy transaction history, with 107 sales between 2021-11 and 2026-09, ranging from $1,720,000 to $9,500,000. The most recent transaction was a 233 sqm unit (floors 11-15) at $4,908,000 in Sep 2026, and the median is $2,044 psf. Over the data window, prices here are up about 16.2% (about 3.2% 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 $4,908,000 for a 233 sqm unit in 2026-09. The median price is $2,044 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 $2,044 psf, with transactions ranging from $1,706 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 16.2% over the data period (around 3.2% a year). The median price is currently $2,044 psf, with the most recent sale at $4,908,000 in 2026-09.