Block 215 Marsiling Lane

5 Room · Built 1980 · 57 years remaining lease MOP Cleared
Latest Sale
$530,000
Mar 2022 · 5 ROOM · #25-27
Median $/sqm
$3,305
Based on 11 transactions
Total Transactions
11
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 57 years remaining 99 years
57 years 9 months
Remaining lease
↓ 0.56%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 57 years remaining, decay is gradual (~0.56%/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 2022 25 TO 27 5 ROOM 118 sqm $530,000 $4,492
Dec 2021 19 TO 21 5 ROOM 118 sqm $480,000 $4,068
Apr 2021 19 TO 21 5 ROOM 118 sqm $428,000 $3,627
Dec 2020 10 TO 12 5 ROOM 118 sqm $370,000 $3,136
Nov 2019 07 TO 09 5 ROOM 118 sqm $350,000 $2,966
Jul 2019 22 TO 24 5 ROOM 118 sqm $390,000 $3,305
Feb 2019 13 TO 15 5 ROOM 118 sqm $350,000 $2,966
Mar 2018 10 TO 12 5 ROOM 118 sqm $350,000 $2,966
Mar 2018 16 TO 18 5 ROOM 118 sqm $415,000 $3,517
Nov 2017 13 TO 15 5 ROOM 118 sqm $378,000 $3,203
May 2017 16 TO 18 5 ROOM 118 sqm $400,000 $3,390
Showing 11 of 11 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 215 Marsiling Lane

Block 215 at Marsiling Lane is a residential HDB block in Woodlands, Singapore, built in 1980 with approximately 57 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $350,000 to $530,000 based on 11 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 25 TO 27 sold for $530,000 in 2022-03. The current median price per square metre is $3,305. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8629, with an annual lease decay rate of approximately 0.56%. 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 215 Marsiling Lane worth?

The most recent resale transaction at Block 215 Marsiling Lane was $530,000 for a 5 room flat in 2022-03. The median price per square metre across all flat types is $3,305, based on 11 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 215 Marsiling Lane?

Block 215 Marsiling Lane was built in 1980 and has approximately 57 years and 9 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.56%, meaning the leasehold value decreases by approximately 0.56% per year at the current remaining lease.

What flat types are available at Block 215 Marsiling Lane?

Block 215 Marsiling Lane in Woodlands contains 5 room flats. Resale prices range from $350,000 to $530,000 based on historical transaction records from data.gov.sg.

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