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Block 24 Marsiling Drive

3 Room · 4 Room · Executive · Built 1977 · 50 years remaining lease · Updated Apr 2026 MOP Cleared

Block 24 Marsiling Drive has 48 recorded HDB resale transactions since 2017. Latest sale: $355,000 (Apr 2026, 3 room, floors 07–09). Median $4,312/sqm. Prices up 36.4% over the past five years. Built 1977, 50 years lease remaining.

Latest Sale
$355,000
Apr 2026 · 3 ROOM · Floor 07-09
Median $/sqm
$4,312
Based on 48 transactions
Total Transactions
48
Since Jan 2017
5-Year Trend
▲ +36.4%
Median price change
Median Price ?
Top 98%
#674 / 689 Top 98%
Latest Sale ?
Top 98%
#675 / 689 Top 98%
Value ($/sqm) ?
Top 54%
#372 / 689 Top 54%
5-Year Growth ?
Top 43%
#218 / 504 Top 43%
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
--
How we estimate this →
Future Value Projection
Market Appreciation
+6.4%/yr
vs
Lease Decay
−0.76%/yr
Growth assumption
Based on this block’s +36.4% growth over 5 years
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 50 years remaining 99 years
50 years 3 months
Remaining lease
↓ 0.76%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 50 years remaining, decay is gradual (~0.76%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
3-Room $2,450 typically $2,200–$2,550 8.3% 8 rentals here
4-Room $3,100 typically $2,900–$3,250 6.7% Woodlands avg · block too thin
Executive $3,600 typically $3,200–$3,850 4.7% Woodlands avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 1 popular school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
1 school in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Other HDB blocks closest to Block 24 Marsiling Drive in Woodlands, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Woodlands
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
All Transactions
Date Floor Type Area Price $/sqm
Apr 2026 07 TO 09 3 ROOM 67 sqm $355,000 $5,299
Jun 2025 04 TO 06 3 ROOM 67 sqm $375,000 $5,597
Jun 2025 07 TO 09 4 ROOM 92 sqm $450,000 $4,891
May 2025 01 TO 03 3 ROOM 67 sqm $400,000 $5,970
Jan 2025 10 TO 12 4 ROOM 92 sqm $472,000 $5,130
Dec 2024 10 TO 12 3 ROOM 67 sqm $360,000 $5,373
Jul 2024 01 TO 03 3 ROOM 67 sqm $340,000 $5,075
Jun 2024 07 TO 09 3 ROOM 67 sqm $320,000 $4,776
Dec 2023 07 TO 09 4 ROOM 92 sqm $428,000 $4,652
Sep 2023 07 TO 09 3 ROOM 67 sqm $315,000 $4,701
Aug 2023 01 TO 03 3 ROOM 67 sqm $310,000 $4,627
Aug 2023 10 TO 12 3 ROOM 67 sqm $333,000 $4,970
May 2023 01 TO 03 3 ROOM 67 sqm $300,500 $4,485
Apr 2023 10 TO 12 3 ROOM 67 sqm $320,000 $4,776
Feb 2023 10 TO 12 3 ROOM 67 sqm $300,000 $4,478
Feb 2023 04 TO 06 3 ROOM 82 sqm $385,000 $4,695
Jan 2023 04 TO 06 3 ROOM 67 sqm $298,000 $4,448
Nov 2022 01 TO 03 3 ROOM 67 sqm $302,000 $4,507
Sep 2022 10 TO 12 4 ROOM 92 sqm $398,000 $4,326
Aug 2022 07 TO 09 3 ROOM 67 sqm $298,000 $4,448
Showing 20 of 48 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 24 Marsiling Drive

Block 24 Marsiling Drive in Woodlands dates to 1977 and now has roughly 50 years of lease remaining, which makes lease decay the central consideration for buyers. Its median sits about 36% below the Woodlands median, cheaper than about 98% of the town's blocks. It has a regular flow of resale activity, with 48 transactions since 2017 across 3 room, 4 room, executive flats priced from $197,000 to $472,000. The most recent transaction was a 3 room flat on storeys 07 TO 09 at $355,000 in Apr 2026, and the median works out to $4,312/sqm. Over five years, prices here are up about 36.4%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 24 Marsiling Drive worth?

The most recent resale transaction at Block 24 Marsiling Drive was $355,000 for a 3 room flat in 2026-04. The median price per square metre across all flat types is $4,312, based on 48 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 24 Marsiling Drive?

Block 24 Marsiling Drive was built in 1977 and has approximately 50 years and 3 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.76%, meaning the leasehold value decreases by approximately 0.76% per year at the current remaining lease.

What flat types are available at Block 24 Marsiling Drive?

Block 24 Marsiling Drive in Woodlands contains 3 room, 4 room, executive flats. Resale prices range from $197,000 to $472,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 24 Marsiling Drive gone up or down?

Resale prices at Block 24 Marsiling Drive have increased by approximately 36.4% over the past five years. The current median price is $299,000, with the most recent sale at $355,000 in 2026-04.

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