Block 28 Marsiling Drive

4 Room · Built 1977 · 50 years remaining lease MOP Cleared
Latest Sale
$460,000
Mar 2026 · 4 ROOM · #01-03
Median $/sqm
$4,046
Based on 26 transactions
Total Transactions
26
Since Jan 2017
5-Year Trend
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Insufficient data
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 2 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.
All Transactions
Date Floor Type Area Price $/sqm
Mar 2026 01 TO 03 4 ROOM 97 sqm $460,000 $4,742
Jan 2026 01 TO 03 4 ROOM 97 sqm $465,000 $4,794
Apr 2025 04 TO 06 4 ROOM 97 sqm $435,000 $4,485
Aug 2024 01 TO 03 4 ROOM 97 sqm $421,500 $4,345
Apr 2024 04 TO 06 4 ROOM 98 sqm $420,888 $4,295
Nov 2023 10 TO 12 4 ROOM 98 sqm $448,000 $4,571
Sep 2023 10 TO 12 4 ROOM 97 sqm $405,000 $4,175
Aug 2023 13 TO 15 4 ROOM 97 sqm $420,000 $4,330
May 2023 10 TO 12 4 ROOM 97 sqm $410,000 $4,227
Apr 2023 07 TO 09 4 ROOM 97 sqm $395,000 $4,072
Apr 2023 07 TO 09 4 ROOM 97 sqm $395,000 $4,072
Feb 2023 07 TO 09 4 ROOM 97 sqm $400,000 $4,124
Jan 2023 07 TO 09 4 ROOM 97 sqm $410,000 $4,227
Nov 2022 10 TO 12 4 ROOM 97 sqm $380,000 $3,918
Aug 2022 01 TO 03 4 ROOM 97 sqm $390,000 $4,021
Apr 2022 07 TO 09 4 ROOM 97 sqm $380,000 $3,918
Dec 2020 13 TO 15 4 ROOM 97 sqm $298,000 $3,072
Jun 2019 04 TO 06 4 ROOM 98 sqm $260,000 $2,653
Jan 2019 04 TO 06 4 ROOM 97 sqm $270,000 $2,784
Oct 2018 04 TO 06 4 ROOM 97 sqm $260,000 $2,680
Showing 20 of 26 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 28 Marsiling Drive

Block 28 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 4 room flats, with resale prices ranging from $260,000 to $465,000 based on 26 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $460,000 in 2026-03. The current median price per square metre is $4,046. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8220, with an annual lease decay rate of approximately 0.76%. 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 28 Marsiling Drive worth?

The most recent resale transaction at Block 28 Marsiling Drive was $460,000 for a 4 room flat in 2026-03. The median price per square metre across all flat types is $4,046, based on 26 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 28 Marsiling Drive?

Block 28 Marsiling Drive was built in 1977 and has approximately 50 years and 2 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 28 Marsiling Drive?

Block 28 Marsiling Drive in Woodlands contains 4 room flats. Resale prices range from $260,000 to $465,000 based on historical transaction records from data.gov.sg.

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