Block 37 Marsiling Drive

5 Room · Built 1978 · 53 years remaining lease MOP Cleared
Latest Sale
$515,000
May 2024 · 5 ROOM · #01-03
Median $/sqm
$3,371
Based on 21 transactions
Total Transactions
21
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 53 years remaining 99 years
53 years
Remaining lease
↓ 0.67%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 53 years remaining, decay is gradual (~0.67%/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
May 2024 01 TO 03 5 ROOM 121 sqm $515,000 $4,256
Nov 2023 13 TO 15 5 ROOM 124 sqm $480,000 $3,871
Oct 2023 22 TO 24 5 ROOM 124 sqm $518,000 $4,177
Sep 2023 07 TO 09 5 ROOM 124 sqm $505,000 $4,073
Mar 2023 10 TO 12 5 ROOM 124 sqm $490,000 $3,952
Jan 2023 22 TO 24 5 ROOM 124 sqm $520,000 $4,194
Jan 2022 19 TO 21 5 ROOM 124 sqm $505,000 $4,073
May 2021 19 TO 21 5 ROOM 124 sqm $418,000 $3,371
May 2021 19 TO 21 5 ROOM 124 sqm $515,000 $4,153
Dec 2020 13 TO 15 5 ROOM 124 sqm $395,000 $3,185
Dec 2020 19 TO 21 5 ROOM 121 sqm $353,000 $2,917
Nov 2020 10 TO 12 5 ROOM 121 sqm $410,000 $3,388
Aug 2020 22 TO 24 5 ROOM 124 sqm $350,000 $2,823
Dec 2019 04 TO 06 5 ROOM 121 sqm $285,000 $2,355
Oct 2019 16 TO 18 5 ROOM 124 sqm $360,000 $2,903
Jun 2019 13 TO 15 5 ROOM 121 sqm $335,000 $2,769
May 2019 22 TO 24 5 ROOM 121 sqm $375,000 $3,099
Mar 2018 07 TO 09 5 ROOM 121 sqm $360,000 $2,975
Jul 2017 13 TO 15 5 ROOM 124 sqm $380,000 $3,065
Jul 2017 07 TO 09 5 ROOM 124 sqm $380,000 $3,065
Showing 20 of 21 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 37 Marsiling Drive

Block 37 at Marsiling Drive is a residential HDB block in Woodlands, Singapore, built in 1978 with approximately 53 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $285,000 to $520,000 based on 21 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $515,000 in 2024-05. The current median price per square metre is $3,371. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8385, with an annual lease decay rate of approximately 0.67%. 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 37 Marsiling Drive worth?

The most recent resale transaction at Block 37 Marsiling Drive was $515,000 for a 5 room flat in 2024-05. The median price per square metre across all flat types is $3,371, based on 21 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 37 Marsiling Drive?

Block 37 Marsiling Drive was built in 1978 and has approximately 53 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.67%, meaning the leasehold value decreases by approximately 0.67% per year at the current remaining lease.

What flat types are available at Block 37 Marsiling Drive?

Block 37 Marsiling Drive in Woodlands contains 5 room flats. Resale prices range from $285,000 to $520,000 based on historical transaction records from data.gov.sg.

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