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Silversea

D15RCRCentralMarine Parade
REALSCOREⓘ
Profitability rank across Singapore
3.3
User Score
User ratings for this property
3.0
Annual Returns
Avg annualized profit (past 1y)
2.9%

Silversea in Marine Parade offers a high-rise coastal living experience featuring expansive sea views and a short five-minute walk to Marine Parade MRT station 🌊.
Good to know: Features a diverse unit mix including rare penthouses up to 4,962 square feet 🏙️; Located within one kilometer of Tanjong Katong Primary School 🏫; Completed in 2014 with 383 units spread across 20 storeys.
Practical note: While the project is highly convenient for coastal living, residents in larger units may find the 99-year leasehold tenure a key factor compared to freehold alternatives in the area 🚆.

< 1km
MRT Station
Near
$1M+ HDB
Top 20
Schools
Mega
Development
< 10y
Property Age
> 1K
MOPs in Town
100%
Profitable
50+
Deals Past Yr

Project Facts

Street
Marine Parade Road
Developer
Marina Green Ltd
Property Type
Condominium
Completion
2014
Total Units
383
Plot Ratio
2.8
Unit Size
969 - 5,221 sqft
Tenure
99 yrs from 20/07/2007
Lease Remaining
80 yrs
Postal Sector
44

Nearby Stations

  • Marine Parade326 m MRTTE26
  • Tanjong Katong430 m MRTTE25
See details on nearby stations

Nearby Primary Schools

  • Tanjong Katong Primary School653 m
  • Tao Nan School1,000 m
See details on nearby schools

Transaction

16%
Sold At Launch
16%
HDB Buyers
$1.6B+
Total Transacted
29-09-2008
First Transacted
14-05-2026
Last Transacted
589
Total Transactions

Transaction Volume

Transaction Volume01020302019 · Resale: 1120192020 · Resale: 1520202021 · Resale: 2620212022 · Resale: 2320222023 · Resale: 1220232024 · Resale: 3020242025 · Resale: 1820252026 · Resale: 142026
New SaleSub SaleResale
82.7%
% Profitable
187
Profitable
39
Unprofitable
14
> 6% Annualized
8.2 yrs
Avg Holding
$62.4M
Total Profits

Annualized Profit %

Annualized Profit %-1.0%0.0%1.0%2.0%3.0%4.0%2019 · Average Annualized Profit: -0.0%20192020 · Average Annualized Profit: 0.1%20202021 · Average Annualized Profit: 0.7%20212022 · Average Annualized Profit: 1.0%20222023 · Average Annualized Profit: 2.4%20232024 · Average Annualized Profit: 3.9%20242025 · Average Annualized Profit: 3.0%20252026 · Average Annualized Profit: 2.7%2026
View full details

Rental

Past 1 month
$5.69
Avg PSF Rental
41
No. of Rentals
3.2%
Est. Rental Yield

Rental Volume

Rental Volume0501001502002019 · Rentals: 13820192020 · Rentals: 12120202021 · Rentals: 15520212022 · Rentals: 11520222023 · Rentals: 10520232024 · Rentals: 9620242025 · Rentals: 8620252026 · Rentals: 342026
View full details
Unit Distribution
TypeUnits%Size
2 BR11429.77%969 - 1,163 sqft
3 BR19250.13%1,485 - 1,701 sqft
4 BR6717.49%2,497 - 2,766 sqft
Penthouse102.61%3,552 - 4,962 sqft
Profitability by Block
BlockPostal CodeProfitable %Annualized Profit %
5244930893.6%2.1%
4644930591.8%2.6%
5044930782.4%1.8%
4844930652.6%0.6%
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