PropKaki
99-yearRCRDistrict 15 (Marine Parade)

Silversea

Reviewed by Nathan TangUpdated 20 June 2026Data through May 2026 (URA)
Quick Summary

Silversea is a 99-year condominium in District 15 (Marine Parade) that obtained TOP in 2014, with 383 units across 4 blocks. Units have recently transacted around S$2.95M (S$2,189 psf), from 589 sales on record. There are 57 units for sale from S$2.28M to S$15.06M. The lease has approximately 80 years remaining.

1

What are the key facts about Silversea?

Key Takeaway

Silversea is a 99-year condominium in District 15 (Marine Parade) that obtained TOP in 2014, with 383 units across 4 blocks.

Tenure
99-year
TOP / Completion
2014
Developer
MARINA GREEN LTD
Total units
383
Blocks
4
District / Area
District 15 (Marine Parade)
Market segment
RCR
Median PSF
S$2,189 psf
Last transacted
May 2026
Remaining lease
≈ 80 years
2

What is the price and PSF at Silversea?

Key Takeaway

Units have recently transacted around S$2.95M (S$2,189 psf), at a gross rental yield of about 2.6% (URA caveat data).

Recent median price

S$2.95M

recent · 589 sales on record

Median PSF

S$2,189 psf

recent transactions

Median rent (monthly)

S$6,335

1,475 rentals on record

Gross rental yield

2.6%

indicative, gross

Units currently for sale are asking a median of S$2,374 psf — about 8% above the most recent transacted PSF.

Source: URA caveat data, through May 2026.

3

What has recently sold at Silversea?

Key Takeaway

Silversea has 589 recorded sales; the most recent transacted at S$3,700,000 in May 2026 (URA caveat data).

DatePriceSize (sqft)PSF
May 2026S$3,700,0001,690S$2,189 psf
May 2026S$3,120,0001,507S$2,070 psf
May 2026S$2,130,000980S$2,175 psf
Apr 2026S$2,190,000969S$2,261 psf
Apr 2026S$3,850,0001,647S$2,338 psf
Apr 2026S$2,360,0001,066S$2,215 psf
Mar 2026S$2,380,0001,066S$2,233 psf
Mar 2026S$2,388,0001,066S$2,241 psf
Feb 2026S$5,058,0002,519S$2,008 psf
Feb 2026S$2,950,0001,582S$1,864 psf
Feb 2026S$3,325,0001,518S$2,191 psf
Jan 2026S$5,258,0002,530S$2,079 psf

589 sales and 1,475 rentals on record since Sept 2008. Source: URA.

4

What bedroom types are available at Silversea?

Key Takeaway

Silversea has 57 units listed for sale, spanning 1–4-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
1-bedroom2S$2.28M–S$15.05M
2-bedroom12S$2.30M–S$2.45MS$2,374 psf
3-bedroom25S$2.30M–S$3.96MS$2,389 psf
4-bedroom18S$5.35M–S$15.06MS$2,292 psf
5

Where is Silversea and what's nearby?

Key Takeaway

Silversea is located in Marine Parade, in the Central Region of Singapore.

Silversea is a 99-year condominium completed in 2014. It was developed by MARINA GREEN LTD. The development has 383 residential units. It sits on a land area of 20,293 sqm and has a gross floor area of 56,821 sqm. The plot ratio is 2.8.

SILVERSEA is located at 50 Marine Parade Road, Singapore 449305. It is part of District 15, Katong / Joo Chiat / Amber Road, Marine Parade. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Marine Parade MRT, approximately 358m away, around 6 minutes on foot. Nearby amenities include Parkway Parade for shopping, CHO YONG BEOM for groceries, Blk 84 Marine Parade Central for food options, and East Coast Park Area B for greenery and recreation. Facilities in the development include Covered car park, Fitness corner, Gymnasium room, Jacuzzi, Lounge, and Pavillion.

6

How far is Silversea from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Silversea is Marine Parade MRT, about 358 m away (~6 min walk). 1 school is within 1 km, including 1 primary school.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Tanjong Katong Primary SchoolPrimary schoolwithin 1 km · P1 priority670 m
  • Tao Nan SchoolPrimary school1.1 km
  • Chij (Katong) PrimaryPrimary school1.1 km
  • Tanjong Katong Secondary SchoolSecondary school1.2 km
  • Tanjong Katong Girls' SchoolSecondary school1.2 km
  • Haig Girls' SchoolPrimary school1.3 km
  • Chung Cheng High School (Main)Secondary school1.4 km
  • Ngee Ann Primary SchoolPrimary school1.7 km

Shops, food & parks

Mall: Parkway Parade · 270 mSupermarket: Cho Yong Beom · 270 mHawker centre: Blk 84 Marine Parade Central · 442 mPark: East Coast Park Area B · 513 m

Straight-line distances from the development. Source: PropKaki amenities data.

7

What facilities does Silversea have?

Key Takeaway

Silversea has 9 facilities, including Covered car park, Fitness corner, Gymnasium room, Jacuzzi, and more.

Covered car parkFitness cornerGymnasium roomJacuzziLoungePavillionReflexology Path24 hours securityTennis courts
8

What does it cost to own a unit at Silversea?

Key Takeaway

Buying a unit at Silversea (~S$2.95M) needs about S$21,595/mo in income and S$9,935/mo in repayments, after S$117,100 stamp duty and a S$738k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.95M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$117,100

BSD, tiered

Downpayment (25%)

S$738k

cash + CPF

Monthly instalment

S$9,935/mo

30y @ 3.5%

Income required

S$21,595/mo

TDSR @ stress rate

9

Frequently asked questions about Silversea

What is the price at Silversea?

Units at Silversea have recently transacted around S$2.95M (S$2,189 psf), from 589 sales on record (URA caveat data).

What is the PSF at Silversea?

Units for sale at Silversea are asking a median of about S$2,374 psf.

Is Silversea freehold or leasehold?

Silversea is 99-year, with approximately 80 years remaining on the lease.

When was Silversea built?

Silversea obtained TOP in 2014, developed by MARINA GREEN LTD.

How many units are for sale at Silversea?

There are 57 units for sale at Silversea, from S$2.28M to S$15.06M.

What is the rental yield at Silversea?

Gross rental yield at Silversea is about 2.6%, based on median current rents and prices.

How many units are in Silversea?

Silversea has 383 units across 4 blocks.

What facilities does Silversea have?

Silversea has 9 facilities, including Covered car park, Fitness corner, Gymnasium room, Jacuzzi, Lounge, Pavillion, and more.

What is the nearest MRT to Silversea?

The nearest MRT/LRT station to Silversea is Marine Parade MRT, about 358 m away (~6 min walk).

Which primary schools are within 1 km of Silversea?

Tanjong Katong Primary School is within 1 km of Silversea — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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