UPDATE 27/1/20: Konami has commented on the below report to state it is looking at a continuation of the Silent Hill series.
“We cannot share anything at this point,” a Konami spokesperson told Eurogamer today, “but we are listening to customer feedback and considering ways to provide the next title.”
ORIGINAL STORY 26/1/20: Konami is reportedly reviving the Silent Hill series with not one but two new instalments.
Source: Eurogamer Report: Konami has two new Silent Hill games in development