Block 9 Marsiling Drive

5 Room · Built 1976 · 51 years remaining lease MOP Cleared
Latest Sale
$480,000
Aug 2023 · 5 ROOM · #19-21
Median $/sqm
$2,991
Based on 17 transactions
Total Transactions
17
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 51 years remaining 99 years
51 years 5 months
Remaining lease
↓ 0.72%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 51 years remaining, decay is gradual (~0.72%/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
Aug 2023 19 TO 21 5 ROOM 117 sqm $480,000 $4,103
Apr 2023 10 TO 12 5 ROOM 117 sqm $418,000 $3,573
Mar 2022 07 TO 09 5 ROOM 117 sqm $400,000 $3,419
Jan 2022 19 TO 21 5 ROOM 117 sqm $463,000 $3,957
Dec 2021 10 TO 12 5 ROOM 117 sqm $403,800 $3,451
May 2021 07 TO 09 5 ROOM 117 sqm $380,000 $3,248
Jan 2021 16 TO 18 5 ROOM 117 sqm $350,000 $2,991
Dec 2020 13 TO 15 5 ROOM 120 sqm $350,000 $2,917
Sep 2020 22 TO 24 5 ROOM 117 sqm $338,000 $2,889
Aug 2020 19 TO 21 5 ROOM 117 sqm $354,000 $3,026
Aug 2020 22 TO 24 5 ROOM 120 sqm $366,500 $3,054
Aug 2020 16 TO 18 5 ROOM 120 sqm $330,000 $2,750
Apr 2020 04 TO 06 5 ROOM 120 sqm $285,000 $2,375
Apr 2019 13 TO 15 5 ROOM 120 sqm $318,000 $2,650
Jan 2019 13 TO 15 5 ROOM 120 sqm $320,000 $2,667
Sep 2018 01 TO 03 5 ROOM 117 sqm $300,000 $2,564
Mar 2017 16 TO 18 5 ROOM 120 sqm $355,000 $2,958
Showing 17 of 17 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 9 Marsiling Drive

Block 9 at Marsiling Drive is a residential HDB block in Woodlands, Singapore, built in 1976 with approximately 51 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $285,000 to $480,000 based on 17 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 19 TO 21 sold for $480,000 in 2023-08. The current median price per square metre is $2,991. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8295, with an annual lease decay rate of approximately 0.72%. 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 9 Marsiling Drive worth?

The most recent resale transaction at Block 9 Marsiling Drive was $480,000 for a 5 room flat in 2023-08. The median price per square metre across all flat types is $2,991, based on 17 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 9 Marsiling Drive?

Block 9 Marsiling Drive was built in 1976 and has approximately 51 years and 5 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.72%, meaning the leasehold value decreases by approximately 0.72% per year at the current remaining lease.

What flat types are available at Block 9 Marsiling Drive?

Block 9 Marsiling Drive in Woodlands contains 5 room flats. Resale prices range from $285,000 to $480,000 based on historical transaction records from data.gov.sg.

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