Silversea

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

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  4
 1
 0

Sale Price *

Average
S$ 2,032 psf
Range
S$ 1,788 - 2,323 psf

Rental Price **

Average
S$ 5.4 psf pm
Range
S$ 3.7 - 6.7 psf pm

Rental Yield **

3.2%

Rental income expressed as a percentage of the property's value.

Amenities

4.1
4.1

Convenience

4.2
4.2

Connectivity

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
0 Facilities Available
Description
Silversea is a leasehold (99 yrs from 2007) condominium completed in 2014. It is developed by MARINA GREEN LTD and designed by DP ARCHITECTS PTE LTD. The development occupies a land area of 20,293 sqm and a Gross Floor Area of 56,821 sqm. It consists of 383 units. According to records, buyers of this development are Singaporean 37.6%, PR 22.5%, Foreigner 38.4%, Company 1.5%.

SILVERSEA is located along Marine Parade Road in Marine Parade, in District 15. It is accessible through the nearest MRTs including Marine Parade TE26 and Amber TE25.

Based on transaction data in the last 12 months, sale prices range from S$ 1,788 psf to S$ 2,323 psf at an average of S$ 2,032 psf. Its highest recorded transaction was S$ 2,766 psf in Apr 2014 for a 4,338-sqft unit. Its lowest recorded transaction was S$ 1,150 psf in Jul 2009 for a 1,582-sqft unit. Its current rental yield is at 3.2%. Other nearby amenities include: 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, FOUR SEASONS ORGANIC MARKET PTE. LTD., and 3 Shopping Mall(s): PARKWAY PARADE, ROXY SQUARE, KATONG PLAZA.

Buyers and tenants are attracted to District 15, which includes Tanjong Rhu, Meyer, Marine Parade, Katong, Amber Road, Joo Chiat and the area around East Coast. A large proportion of the district is zoned for residential development. The district is currently served by the Circle Line and East-West Line via Paya Lebar, Eunos, and Aljunied MRT stations. There is a wide coverage of bus service connecting passengers to and fro the Central Business District as well. Joo Chiat was zoned as a conservation area in 1993. A large number of shophouses, which retain its original look since the earlier years, can be found along Joo Chiat Road. Separately, Meyer Road stretches from Tanjong Rhu Road to Tanjong Katong Road. Located across from the East Coast Park, Meyer Road is easily accessible by the East Coast Expressway extending from the city to the Singapore Changi Airport. Residents in this district have plenty of shopping options such as Parkway Parade, i12 Katong and Katong Shopping Centre.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
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What they say
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5
"Well maintained with good facilities. Bit more private as not close to other condos, and just ECP/sea on the other side"
B****** C***
Google Review     |   24 Jul 2022
5
"Drop by this condo to pick up something. Very nice and friendly security guard. Very nice project too."
Y* A****
Google Review     |   10 Jun 2022
5
"Nice and Unblock sea view."
T***** H****** K****
Google Review     |   14 May 2022
5
"Extremely comfortable lobby and well maintained project. Nearest to the sea too!"
K***** K**
Google Review     |   26 Mar 2022
5
""
Ð*************** Ð**
Google Review     |   29 Nov 2021
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

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Floor Plans
1
1
1

SILVERSEA - 1 - 1 - 1

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of SILVERSEA

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Date
Area(sqft)
Bedrooms
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source

Asking Price of SILVERSEA

Source: URA, https://www.edgeprop.sg

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
Agent NameAgent Mobile
Link
0 asking price for sale selected

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No data
Rental Transactions of SILVERSEA

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
Historical Quarterly Rental

Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
AVG Price* (S$ psf)
Max Price* (S$ psf)
Min Rental** (S$ psf pm)
AVG Rental** (S$ psf pm)
Max Rental** (S$ psf pm)
Rental Yield** (%)

Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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Listings

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thumb-images
9
$11,999,888

    • 4 beds
    • 6 baths
    • Condominium
    • D15
    • 2014
    • 99 years
    • S$ 2,630 psf
    • Marine Parade Road
    Jeffrey Chow
    send_enquiry
    thumb-images
    10
    $5,150,000

      • 4 beds
      • 4 baths
      • Condominium
      • D15
      • 2014
      • 99 years
      • S$ 2,050 psf
      • Marine Parade Road
      Jason Choo
      send_enquiry
      thumb-images
      10
      $3,880,000

        • 3 beds
        • 3 baths
        • Condominium
        • D15
        • 2014
        • 99 years
        • S$ 2,330 psf
        • Marine Parade Road
        Jason Choo
        send_enquiry
        thumb-images
        8
        $3,800,000

          • 3 beds
          • 3 baths
          • Condominium
          • D15
          • 2014
          • 99 years
          • S$ 2,400 psf
          • Marine Parade Road
          Joel Wee
          send_enquiry
          thumb-images
          9
          $5,200,000

            • 4 beds
            • 4 baths
            • Condominium
            • D15
            • 2014
            • 99 years
            • S$ 2,060 psf
            • Marine Parade Road
            TEE SAU CHING
            send_enquiry
            thumb-images
            8
            $3,280,000

              • 3 beds
              • 3 baths
              • Condominium
              • D15
              • 2014
              • 99 years
              • S$ 2,210 psf
              • Marine Parade Road
              Benson Lau
              send_enquiry
              thumb-images
              10
              $3,870,000

                • 4 beds
                • 3 baths
                • Condominium
                • D15
                • 2014
                • 99 years
                • S$ 2,350 psf
                • Marine Parade Road
                Rachel Tan
                send_enquiry
                thumb-images
                10
                $3,500,000

                  • 3 beds
                  • 2 baths
                  • Condominium
                  • D15
                  • 2014
                  • 99 years
                  • S$ 2,230 psf
                  • Marine Parade Road
                  Lisa Cho
                  send_enquiry
                  thumb-images
                  10
                  $3,400,000

                    • 3 beds
                    • 3 baths
                    • Condominium
                    • D15
                    • 2014
                    • 99 years
                    • S$ 2,290 psf
                    • Marine Parade Road
                    Jason Choo
                    send_enquiry
                    thumb-images
                    9
                    $3,280,000

                      • 3 beds
                      • 2 baths
                      • Condominium
                      • D15
                      • 2014
                      • 99 years
                      • S$ 2,160 psf
                      • Marine Parade Road
                      Darren Png
                      send_enquiry

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                      FAQs about SILVERSEA

                      What is the nearest MRT Station to SILVERSEA ?
                      The nearest MRT Station from SILVERSEA is Marine Parade TE26 MRT

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