Take this all with a grain of salt; it's purely rumor, but if it's true we'll be able to dry our collective nerd tears and replace them with delighted, terrified screams as early as next year.
An anonymous industry insider is claiming that Microsoft is trying to buy Silent Hills now that Konami has shut the project down. If true, the game would become an Xbox One exclusive, and the source claims it could be out as soon as March of next year. The logic is that the Xbox One is in desperate need of exclusive games, and Microsoft wants to secure a big title in time for E3. Konami has moved to mobile development, and thus has no need for a property like the Silent Hill series, which they are now in a position to sell for billions of dollars. Supposedly the PT demo disappeared from the Sony store as a show of good faith in Konami's commitment to the deal.
Can the source be trusted? This person apparently originally leaked information that the Xbox One would be sold without a Kinect attached during a time in which Microsoft claimed they would never seperate the two. I wouldn't get your hopes up too high though, it's entirely possible that this is all completely untrue, and even if the intent is there, the deal may not go through.