Konami today revealed at E3 that Silent Hill V is in development and will be released for the Xbox 360 and Playstation 3, the release date is as yet unannounced however we expect to hear more on a date soon, perhaps at the upcoming Tokyo Game Show?

Silent Hill V  marks the first appearance of the acclaimed series for Next Generation systems. The game follows Alex Shepherd, a war veteran returning home from an overseas tour of duty. Alex has taken compassionate leave following the news that his younger brother, Joshua, has gone missing. Initial investigations lead Alex to the small, insular community of Shepherd’s Glen, before he finds himself in the mist-shrouded and seemingly empty streets of Silent Hill…

Maximising the use of the PLAYSTATION 3 and Xbox 360’s high definition capabilities, Silent Hill V draws the players into an incredibly realised world of shadowy terror, while the unfolding story sheds new light on the inherent evil of the eponymous town. Building upon the series’ trademark foundations of atmosphere, adventure and storytelling, Silent Hill V introduces players to a frightening new experience and more control than ever over its central character.

When confronted by the perverse incarnations of evil that roam both Silent Hill and Shepherd’s Glen, players can now access an enhanced combat system to execute a number of offensive and defensive moves to counter the eclectic collection of nightmarish creatures that dwell within the town. The series’ famed puzzles have also been enhanced, with players using cues from the environment to unlock Silent Hill’s darkest secrets. And as the claustrophobia and unsettling sense of horror develops, Silent Hill V turns the screw even further with the addition of an all-new soundtrack from famed composer Akira Yamaoka…

“Silent Hill V is an international, cross-cultural production, with leading development talent from around the globe collaborating to raise the bar even higher for this incredible series,” said Brian Christian, Vice President of Product Development at Konami Digital Entertainment, Inc. “With gritty graphics and sound combining to create a haunting atmosphere and all-new visceral gameplay elements, Silent Hill V shows the level to which next-generation hardware can enhance the player’s overall gaming experience.”