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Block 214 Marsiling Lane

5 Room · Built 1981 · 59 years remaining lease · Updated May 2021 MOP Cleared

Block 214 Marsiling Lane has 11 recorded HDB resale transactions since 2017. Latest sale: $385,000 (May 2021, 5 room, floors 13–15). Median $2,966/sqm. Built 1981, 59 years lease remaining.

Latest Sale
$385,000
May 2021 · 5 ROOM · Floor 13-15
Median $/sqm
$2,966
Based on 11 transactions
Total Transactions
11
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 91%
#624 / 689 Top 91%
Latest Sale ?
Top 96%
#658 / 689 Top 96%
Value ($/sqm) ?
Top 100%
#689 / 689 Top 100%
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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How we estimate this →
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.53%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
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 59 years remaining 99 years
59 years 1 months
Remaining lease
↓ 0.53%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 59 years remaining, decay is gradual (~0.53%/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). This block has too few rentals on record, so figures shown are the Woodlands average.

Flat type Median rent /mo Gross yield Based on
5-Room $3,300 typically $3,050–$3,500 6% 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

No popular school is within 1 km, but 3sit in the 1–2 km second-priority band.

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
0 schools 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 214 Marsiling Lane 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
May 2021 13 TO 15 5 ROOM 118 sqm $385,000 $3,263
May 2021 13 TO 15 5 ROOM 118 sqm $420,000 $3,559
Jul 2020 01 TO 03 5 ROOM 118 sqm $320,000 $2,712
Jul 2020 04 TO 06 5 ROOM 118 sqm $320,000 $2,712
Nov 2019 04 TO 06 5 ROOM 118 sqm $325,000 $2,754
Nov 2019 04 TO 06 5 ROOM 118 sqm $330,000 $2,797
Nov 2019 25 TO 27 5 ROOM 118 sqm $350,000 $2,966
Nov 2019 22 TO 24 5 ROOM 118 sqm $400,000 $3,390
Jul 2018 07 TO 09 5 ROOM 118 sqm $350,000 $2,966
Jul 2018 10 TO 12 5 ROOM 118 sqm $440,000 $3,729
Mar 2017 13 TO 15 5 ROOM 118 sqm $390,000 $3,305
Showing 11 of 11 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 214 Marsiling Lane

Block 214 Marsiling Lane is an ageing-lease HDB block in Woodlands, built in 1981 with about 59 years left on its 99-year lease, so remaining lease is the dominant price factor here. Its median sits about 26% below the Woodlands median, cheaper than about 90% of the town's blocks. It has a relatively light resale record, with 11 transactions since 2017 across 5 room flats priced from $320,000 to $440,000. The most recent transaction was a 5 room flat on storeys 13 TO 15 at $385,000 in May 2021, and the median works out to $2,966/sqm. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 214 Marsiling Lane worth?

The most recent resale transaction at Block 214 Marsiling Lane was $385,000 for a 5 room flat in 2021-05. The median price per square metre across all flat types is $2,966, based on 11 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 214 Marsiling Lane?

Block 214 Marsiling Lane was built in 1981 and has approximately 59 years and 1 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.53%, meaning the leasehold value decreases by approximately 0.53% per year at the current remaining lease.

What flat types are available at Block 214 Marsiling Lane?

Block 214 Marsiling Lane in Woodlands contains 5 room flats. Resale prices range from $320,000 to $440,000 based on historical transaction records from data.gov.sg.

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