Silversea

D15 (OCR) 99 yrs lease commencing from 2007

Silversea is a 99-year leasehold condominium located in District 15 (Joo Chiat, Amber Road, Katong), part of the Rest of Central Region (RCR). The development was completed in 2014 and comprises 383 units, on a lease that commenced in 2007. This page tracks recorded sale prices, rental contracts and yield trends from URA data.

Private SPI 122.4 -3.51% MoM · +0.72% YoY June 2026
6.7
ShiokNest Score
Good
Total Units383
TOP Year2014

SILVERSEA

Total Units383
TOP Year2014
DeveloperMARINA GREEN LTD (FAR EAST ORGANIZATION)
Tenure99 yrs lease commencing from 2007
DistrictD15 · OCR
Median PSF · 12m$2,152 psf
Median price · 12m$3,280,000
Median Rent · 12m$8,100/mo
Gross Yield3.0%

Over the 12 months to Jul 2026, Silversea recorded 29 resale transactions at a median $2,152 psf (median price $3,280,000), and 88 rental contracts at a median $8,100/mo, a gross rental yield of 3.0%. Source: URA caveat data, as of Jul 2026.

Silversea's median of $2,152 psf over the trailing 12 months places its pricing above roughly 84% of District 15 condos; resale liquidity has been active with 29 caveats lodged; the 3.0% gross rental yield sits above the ~3% private-market benchmark. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.

Recent transactions
Date Price PSF Size (sqft) Floor Type
Jul-26 $3,260,000 $2,179 psf 1,496 sqft 06 to 10 4BR
Jul-26 $3,300,000 $2,206 psf 1,496 sqft 06 to 10 4BR
May-26 $3,700,000 $2,189 psf 1,690 sqft 11 to 15 4BR
May-26 $2,130,000 $2,175 psf 980 sqft 06 to 10 3BR
May-26 $3,120,000 $2,070 psf 1,507 sqft 01 to 05 4BR
Apr-26 $3,850,000 $2,338 psf 1,647 sqft 16 to 20 4BR
Apr-26 $2,360,000 $2,215 psf 1,066 sqft 16 to 20 3BR
Apr-26 $2,190,000 $2,261 psf 969 sqft 01 to 05 3BR

Can I afford Silversea?

Get the monthly repayment, total interest and cash flow based on this project’s median price of $3,280,000.

6.7
ShiokNest Score

En-Bloc Potential

27/100

A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.

Neighbourhood Score

100/100

Investment Score

64/100

PSF Trend

Rental Trend

Gross Yield Trend

Detailed charts

Sales - Floor Level

Sales - Unit Size

Sales - Bedroom Type

Rental - Floor Level

Rental - Unit Size

Rental - Bedroom Type

Cumulative Sales Volume

Cumulative Rental Volume

Lease Decay Valuation Curve

Sales Volume Heatmap

Lease Volume Seasonality Heatmap

Recent Sales

Recent Rentals