Published worldwide by Konami Digital Entertainment beginning with North America in March 2012, the compilation features a graphical overhaul, new voice acting, and support for Xbox achievements and PlayStation trophies.

Upon release, critics were divided over the Silent HD Collection, particularly in regards to its updated graphics and voice acting.

Some enjoyed it as an updated presentation of two favorably regarded games, while others criticized the quality of the compilation, citing the technical issues.

[2] Masahiro Ito, the art director for Silent Hill 2 and 3, has speculated that the games' translucent textures, such as those used for the fog, might have proven difficult for the hardware of the PlayStation 3 to handle.

[7] New voice actors were brought in to re-record dialogue from both games, directed by Mary Elizabeth McGlynn, who had previously provided vocals for various soundtracks in the Silent Hill series.

[14] Although the game was initially revealed as a PlayStation 3 (PS3) exclusive, Konami later added an Xbox 360 port that would also be published on the same day as the PS3 release.

[22] The Silent Hill HD Collection received "mixed or average" reviews on both consoles, according to rating aggregator Metacritic.

[6][25][26][27][30] The updated visuals were a point of contention among reviewers: some wrote that the absence of fog in the remastered Silent Hill 2 revealed previously hidden textures and technical limitations of the game to its detriment; the updates to Silent Hill 3, which did not depend on the effects of the fog as much, were generally better received.

[25][26] Issues with the audio syncing with the character animations was remarked on,[4][26][27] and some critics wrote that the subtitles had not been updated to reflect the few changes made to the script.