Konami says Silent Hill 1999 Remake is in development
Konami Announces Silent Hill 1999 Remake, this game is being developed by Bloober Team, the same developer who worked on the SH 2 Remake.

Konami has officially announced that the classic game Silent Hill (1999) will be getting a remake. This announcement was made at the Konami Press Start event.
Konami and Bloober Team previously succeeded with the Silent Hill 2 Remake, which received praise for its atmosphere and stunning visuals. This trust led to a further agreement to work on new projects, one of which is a remake of the first game.
Silent Hill is a 1999 survival horror video game developed by Team Silent, a group within Konami Computer Entertainment Tokyo, and published by Konami for the PlayStation. It is the first game in the Silent Hill video game series. Silent Hill 1999 tells the story of Harry Mason searching for his adopted daughter, Cheryl, in the foggy town of Silent Hill filled with psychological terror.