PropKaki
99-yearRCRDistrict 15 (Marine Parade)

Silversea

Reviewed by Nathan TangUpdated 8 November 2026Data through Sept 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. Across 597 transactions on record, units have recently transacted around S$3.26M (S$2,175 psf, ~1,507 sqft). There are 71 units for sale from S$2.10M to S$15.06M. The lease has approximately 80 years remaining.

Key facts about Silversea
Tenure99-year leasehold from 2007 (≈80 years left)
TOP year2014
DeveloperMARINA GREEN LTD
Units383 in 4 blocks
District and areaDistrict 15 · Marine Parade · RCR
Nearest MRTMarine Parade MRT, 358 m (~6 min walk)
Latest median psfS$2,175 psf, last 12 URA caveats to Sep 2026
Thinking about Silversea? Ask before you commit.Ask PropKaki
1

What's for sale and for rent at Silversea?

Key Takeaway

Silversea has 71 units listed for sale, asking S$2.10M to S$15.06M (median S$2,298 psf), and 4 units for rent at a median of S$6,800 a month.

For sale

71 listings

S$2.10M – S$15.06M

For rent

4 listings

S$4,500 – S$9,500 a month

BedroomsFor saleAsking priceMedian PSF
1-bedroom1S$15.05M–S$15.05M—
2-bedroom22S$2.10M–S$2.50MS$2,298 psf
3-bedroom24S$2.30M–S$3.80MS$2,258 psf
4-bedroom24S$5.50M–S$15.06MS$2,200 psf

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Silversea?

Key Takeaway

PropKaki has 12 layouts on record for Silversea, from 3 to 4 bedrooms (1,418 sqft to 1,453 sqft).

BedroomsLayoutsSizes
3 Bedroom1—
4 Bedroom61,418 to 1,453 sq ft
Other layouts5—

PropKaki holds 7 floor plans for Silversea.

See Silversea's floor plans — ask PropKaki.Ask PropKakisqm ↔ sq ft converter

Layouts digitised from developer brochures.

3

What is the price and PSF at Silversea?

Key Takeaway

Units have recently transacted around S$3.26M (S$2,175 psf), at a gross rental yield of about 2.4% (URA caveat data).

Recent median price

S$3.26M

recent · 597 sales on record

Median PSF

S$2,175 psf

recent transactions

Median rent (monthly)

S$6,411

1,517 rentals on record

Gross rental yield

2.4%

indicative, gross

Units currently for sale are asking a median of S$2,298 psf — about 6% above the most recent transacted PSF.

Source: URA caveat data, through Sept 2026.

4

What has recently sold at Silversea?

Key Takeaway

Silversea has 597 recorded sales; the most recent transacted at S$2,950,000 in Sept 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Sept 2026S$2,950,0001,582S$1,864 psf
Sept 2026S$5,450,0002,530S$2,155 psf
Sept 2026S$4,908,0002,508S$1,957 psf
Aug 2026S$3,080,0001,507S$2,044 psf
Jul 2026S$3,900,0001,647S$2,368 psf
Jul 2026S$3,260,0001,496S$2,179 psf
Jul 2026S$3,300,0001,496S$2,206 psf
Jun 2026S$3,300,0001,507S$2,190 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

597 sales and 1,517 rentals on record since Sept 2008. Source: URA.

5

Are prices at Silversea rising?

Key Takeaway

The median transacted PSF at Silversea has risen 48% over the past 9 years (2017–2026), from S$1,469 psf to S$2,175 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$2,175 psfS$3.26M22+1.4%
2025S$2,144 psfS$3.28M18+1.0%
2024S$2,123 psfS$3.20M30+13.7%
2023S$1,868 psfS$1.98M12-3.3%
2022S$1,932 psfS$3.54M23+12.1%
2021S$1,724 psfS$2.67M26+6.0%
2020S$1,626 psfS$2.35M15+3.6%
2019S$1,570 psfS$2.35M11-5.0%
2018S$1,652 psfS$1.80M15+12.5%
2017S$1,469 psfS$2.33M22—

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

6

Is Silversea a good investment?

Key Takeaway

Of 233 units at Silversea that were bought and later resold (bought from 2008, resold up to 2026), 84% sold for more than they were bought for, with a median gain of 14% over a median 8.2-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.4%. Units listed now ask about 6% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

84%

of 233 resales here

Median gain

14%

gross, before costs

Median hold

8.2 years

bought to resold

Every unit at Silversea with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

7

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.

8

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.

9

Who built Silversea and how big is the development?

Key Takeaway

Silversea was developed by MARINA GREEN LTD, designed by DP ARCHITECTS PTE LTD, with 383 units over up to 19 storeys.

Developer
MARINA GREEN LTD
Architect
DP ARCHITECTS PTE LTD
Main contractor
CHINA CONSTRUCTION (SOUTH PACIFIC) DEVELOPMENT CO PTE LTD
Floors
19 storeys
Blocks
4
Land area
20,293 sqm (218,432 sqft)
Gross floor area
56,821 sqm (611,616 sqft)
Plot ratio
2.80
10

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
11

What does it cost to own a unit at Silversea?

Key Takeaway

Buying a unit at Silversea (~S$3.26M) needs about S$23,864/mo in income and S$10,979/mo in repayments, after S$135,200 stamp duty and a S$815k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$3.26M) 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$135,200

BSD, tiered

Downpayment (25%)

S$815k

cash + CPF

Monthly instalment

S$10,979/mo

30y @ 3.5%

Income required

S$23,864/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Silversea?

Key Takeaway

10,154 CEA-registered agents closed at least one recorded deal in District 15 — where Silversea sits — in the last 12 months, across all property types.

Active agents · 12mo

10,154

District 15 · closed ≥1 deal

Deals on record

62,704

all-time · all property types

Source: CEA public transaction records, attributed to District 15 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

Keep going in the PropKaki app

Thinking about Silversea? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Silversea's own transactions.

Ask PropKakiTry on WhatsApp
PropKaki
Is Silversea a good buy, and what are units selling for?

Recent units at Silversea sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
13

Frequently asked questions about Silversea

Is Silversea freehold?⌄

No. Silversea is on a 99-year lease that started in 2007, with about 80 years left.

How old is Silversea?⌄

Silversea was completed (obtained TOP) in 2014, so it is about 12 years old.

Is Silversea a good investment?⌄

Of 233 units at Silversea that were bought and later resold (bought from 2008, resold up to 2026), 84% sold for more than they were bought for, with a median gain of 14% over a median 8.2-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.4%. Units listed now ask about 6% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Silversea an EC?⌄

No. Silversea is a private condominium, not an executive condominium (EC).

Who is the developer of Silversea?⌄

Silversea was developed by MARINA GREEN LTD.

What is the price of a condo at Silversea?⌄

Units at Silversea have recently sold for around S$3.26M (S$2,175 psf), the median of the last 12 URA caveats to Sep 2026. The price depends on size, floor and facing. 71 units are listed for sale from S$2.10M to S$15.06M.

Where is Silversea located?⌄

Silversea is at 50 Marine Parade Road, Singapore 449305, in Marine Parade (District 15). The nearest MRT station is Marine Parade MRT, about 358 m away.

How many units are there in Silversea?⌄

Silversea has 383 units in 4 blocks, up to 19 storeys high.

How much do I need to earn to buy at Silversea?⌄

For a unit around S$3.26M as a first home, you'd need roughly S$23,864/mo in income (assessed at the stress-test rate), with repayments near S$10,979/mo after a S$815k (25%) downpayment and S$135,200 Buyer's Stamp Duty.

Are prices at Silversea going up?⌄

The median price per square foot at Silversea has risen about 48% between 2017 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.

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 get priority in Primary 1 (P1) registration.