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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 108 recorded private transactions. Latest sale: $2,130,000 (May 2026, 91 sqm, floors 06-10). Median $2,014/sqft. Prices up 20.2% over the period. 80 years lease remaining.

Latest Sale
$2,130,000
May 2026 · 91 sqm
Median Price
$2,014/sqft
$3,154,000 typical unit
Transactions
108
$1,559–$2,368 psf
Price Trend
▲ 20.2%
~3.8% a year

Where Silversea ranks in District 15

All 275 projects ›
Median psf
#47 / 275
Typical unit price
#23 / 275
Most recent sale
#104 / 275
Price growth
#79 / 204

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 +3.8%/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 $2,039 35
06-10 $1,978 23
11-15 $2,089 26
16-20 $2,008 24

Recent transactions

DateFloorType AreaPricepsf
May 2026 06-10 Resale 91 sqm $2,130,000 $2,175
May 2026 11-15 Resale 157 sqm $3,700,000 $2,189
May 2026 01-05 Resale 140 sqm $3,120,000 $2,070
Apr 2026 01-05 Resale 90 sqm $2,190,000 $2,261
Apr 2026 16-20 Resale 99 sqm $2,360,000 $2,215
Apr 2026 16-20 Resale 153 sqm $3,850,000 $2,338
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 11-15 Resale 234 sqm $5,058,000 $2,008
Feb 2026 01-05 Resale 141 sqm $3,325,000 $2,191
Feb 2026 01-05 Resale 147 sqm $2,950,000 $1,864
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 140 sqm $3,280,000 $2,177
Nov 2025 01-05 Resale 138 sqm $3,300,000 $2,222
Nov 2025 11-15 Resale 99 sqm $2,388,000 $2,241
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 06-10 Resale 146 sqm $3,370,000 $2,144
Sep 2025 01-05 Resale 147 sqm $2,915,000 $1,842
Sep 2025 16-20 Resale 229 sqm $4,950,000 $2,008
Showing 25 of 108 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.

About Silversea

Silversea is a 99-year leasehold development with its lease commencing in 2007 and about 80 years remaining in District 15 (Marine Parade / Katong / Joo Chiat), within the Rest of Central Region of Singapore. It is among the more actively traded condominium developments in the area, with 108 recorded transactions between 2021-06 and 2026-05, ranging from $1,720,000 to $9,500,000. The most recent transaction was a 91 sqm unit (floors 06-10) sold for $2,130,000 in 2026-05, and the median price is $2,014 per square foot. Prices here have risen sharply, by about 20.2% over the period (around 3.8% a year). Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold 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 $2,130,000 for a 91 sqm unit in 2026-05. The median price is $2,014 per square foot across 108 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 $2,014 psf, with transactions ranging from $1,559 to $2,368 psf. This is based on 108 URA-recorded transactions in District 15.

Have prices at Silversea gone up or down?

Prices at Silversea have increased by approximately 20.2% over the data period (around 3.8% a year). The median price is currently $2,014 psf, with the most recent sale at $2,130,000 in 2026-05.