99-yearRCRDistrict 15 (Marine Parade)

Silversea

Reviewed by Nathan TangUpdated 10 August 2026Data through Jul 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 591 transactions on record, units have recently transacted around S$2.95M (S$2,189 psf, ~1,496 sqft). There are 52 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
Jul 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 · 591 sales on record

Median PSF

S$2,189 psf

recent transactions

Median rent (monthly)

S$6,348

1,488 rentals on record

Gross rental yield

2.6%

indicative, gross

Units currently for sale are asking a median of S$2,205 psf.

Source: URA caveat data, through Jul 2026.

3

What has recently sold at Silversea?

Key Takeaway

Silversea has 591 recorded sales; the most recent transacted at S$3,260,000 in Jul 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Jul 2026S$3,260,0001,496S$2,179 psf
Jul 2026S$3,300,0001,496S$2,206 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$3,850,0001,647S$2,338 psf
Apr 2026S$2,190,000969S$2,261 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

591 sales and 1,488 rentals on record since Sept 2008. Source: URA.

4

Are prices at Silversea rising?

Key Takeaway

The median transacted PSF at Silversea has risen 48% over the past 9 years (20172026), from S$1,469 psf to S$2,179 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$2,179 psfS$3.12M16+1.6%
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.

5

How many property agents are active around Silversea?

Key Takeaway

9,526 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

9,526

District 15 · closed ≥1 deal

Deals on record

60,896

all-time · all property types

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

6

What bedroom types are available at Silversea?

Key Takeaway

Silversea has 52 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-bedroom20S$2.30M–S$2.50MS$2,205 psf
3-bedroom14S$2.30M–S$3.80M
4-bedroom16S$5.40M–S$15.06MS$2,160 psf
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

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
9

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.

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$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

Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →

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.

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…
12

Frequently asked questions about Silversea

How much does a unit at Silversea cost?

Units at Silversea have recently transacted around S$2.95M (S$2,189 psf), from 591 sales on record (URA caveats). The exact price depends on size, floor and facing.

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

For a unit around S$2.95M as a first home, you'd need roughly S$21,595/mo in income (assessed at the stress-test rate), with repayments near S$9,935/mo after a S$738k (25%) downpayment and S$117,100 Buyer's Stamp Duty.

Is Silversea a good investment?

Gross rental yield is about 2.6%; median PSF has risen about 48% since 2017. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.

Are prices at Silversea going up?

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

Is Silversea freehold or leasehold?

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

When was Silversea built and who developed it?

Silversea obtained TOP in 2014, developed by MARINA GREEN LTD, with 383 units across 4 blocks.

How many units are for sale at Silversea?

There are 52 units for sale at Silversea, from S$2.28M to S$15.06M.

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.

Chat on WhatsApp