A US Konami PR rep denied recent rumors.
People with insider knowledge (... yeah... I know...) are still standing by at least the Japan Studio-Konami collaboration of Toyama rebooting SH for PS5. A member here at Era, who apparently has been vetted by a couple mods, has triple-downed on that project being real and will be revealed this year.
The only thing I can 100% confirm is the SH reboot with Toyama, Ito and Yamaoka. It'll be announced in the next few months.
Stepping in now before it gets derailed:
Staff has verified the information this user has on this subject.
The folks behind the rumor are still standing 100% behind it saying it's true and will be revealed soon.
If they don't release this on PSVR2 it will be a missed opportunityCan’t do anything in ghost form but Duskgolem leaked the Silent Hill game on Twitter and got DMCA’d by Konami.
It’s happening.
Copyright is pretty much confirming it