Block 23 Marsiling Drive

3 Room · 4 Room · Built 1977 · 50 years remaining lease MOP Cleared
Latest Sale
$317,000
Mar 2026 · 3 ROOM · #07-09
Median $/sqm
$4,231
Based on 48 transactions
Total Transactions
48
Since Jan 2017
5-Year Trend
▲ +35.9%
Median price change
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
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Future Value Projection
Estimated value in --
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Based on Bala's Table (SLA leasehold valuation model) with 3% annual market appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Not financial advice.
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Lease Decay Projection
0 years 50 years remaining 99 years
50 years 9 months
Remaining lease
↓ 0.74%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 50 years remaining, decay is gradual (~0.74%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
Date Floor Type Area Price $/sqm
Mar 2026 07 TO 09 3 ROOM 67 sqm $317,000 $4,731
Oct 2025 13 TO 15 3 ROOM 82 sqm $430,000 $5,244
Oct 2025 13 TO 15 3 ROOM 67 sqm $325,000 $4,851
Aug 2025 04 TO 06 3 ROOM 82 sqm $385,000 $4,695
Jun 2025 01 TO 03 3 ROOM 67 sqm $382,000 $5,701
Mar 2025 10 TO 12 3 ROOM 67 sqm $405,000 $6,045
Jan 2025 10 TO 12 3 ROOM 67 sqm $360,000 $5,373
Nov 2024 01 TO 03 3 ROOM 67 sqm $345,000 $5,149
Aug 2024 10 TO 12 3 ROOM 67 sqm $340,000 $5,075
May 2024 07 TO 09 3 ROOM 67 sqm $358,000 $5,343
Feb 2024 07 TO 09 3 ROOM 67 sqm $312,000 $4,657
Jan 2024 04 TO 06 3 ROOM 67 sqm $330,000 $4,925
Nov 2023 07 TO 09 3 ROOM 67 sqm $320,000 $4,776
Oct 2023 10 TO 12 3 ROOM 67 sqm $322,000 $4,806
Oct 2023 13 TO 15 3 ROOM 82 sqm $353,800 $4,315
Sep 2023 04 TO 06 3 ROOM 67 sqm $320,000 $4,776
May 2023 01 TO 03 3 ROOM 67 sqm $330,000 $4,925
Mar 2023 01 TO 03 3 ROOM 67 sqm $308,000 $4,597
Dec 2022 04 TO 06 3 ROOM 67 sqm $307,000 $4,582
Sep 2022 04 TO 06 3 ROOM 67 sqm $305,000 $4,552
Showing 20 of 48 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 23 Marsiling Drive

Block 23 at Marsiling Drive is a residential HDB block in Woodlands, Singapore, built in 1977 with approximately 50 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $178,000 to $430,000 based on 48 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 07 TO 09 sold for $317,000 in 2026-03. The current median price per square metre is $4,231. Over the past five years, resale prices at this block have increased by approximately 35.9%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8255, with an annual lease decay rate of approximately 0.74%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 23 Marsiling Drive worth?

The most recent resale transaction at Block 23 Marsiling Drive was $317,000 for a 3 room flat in 2026-03. The median price per square metre across all flat types is $4,231, based on 48 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 23 Marsiling Drive?

Block 23 Marsiling Drive was built in 1977 and has approximately 50 years and 9 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.74%, meaning the leasehold value decreases by approximately 0.74% per year at the current remaining lease.

What flat types are available at Block 23 Marsiling Drive?

Block 23 Marsiling Drive in Woodlands contains 3 room, 4 room flats. Resale prices range from $178,000 to $430,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 23 Marsiling Drive gone up or down?

Resale prices at Block 23 Marsiling Drive have increased by approximately 35.9% over the past five years. The current median price is $305,000, with the most recent sale at $317,000 in 2026-03.

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