A reputable insider believes that a personal project is still in development.
It has been announced that Persona 3 Portable and Persona 4 Golden are coming to new modern platforms. Despite the launch of these two games there have been rumors of other titles in development, but they seem to be permanent.
Popular forums Reset era Its users speculated about what Persona would announce next this year. One user mentioned a rumor of a Persona 3 remake, a possible new version of the original Persona 3 title instead of Persona 3 Portable. It is the hope of many fans that the two original titles (Persona 3 and Persona 3 FES) will be remade and possibly merged. Another ResetEra user, insider lolilolailo, quickly responded that the Persona 3 remake is real and development is still ongoing.
When Atlus was asked the reason for re-releasing Persona 3 Portable while the remake was in the works, they simply said that it was because of Atlus. And that would be right because Atlus would usually take advantage of both versions. P3P will launch on modern consoles while the new remake will offer beautiful visuals comparable or better than Persona 5. This happened with the Persona 5 PS5 version, why not the Persona 3 remake?
The insider did not say that the remake of Persona 3 will be released this year. It may be later. Still, fans will wait for the official announcement.
Persona 3 Portable launches on January 19, 2023. It will be available on Xbox One, Xbox Series X/S, Nintendo Switch, PC, and PS5.