Block 116 Marsiling Rise
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| May 2024 | 04 TO 06 | EXECUTIVE | 170 sqm | $920,000 | $5,412 |
| Feb 2024 | 01 TO 03 | EXECUTIVE | 170 sqm | $870,000 | $5,118 |
| Sep 2022 | 01 TO 03 | 5 ROOM | 134 sqm | $590,000 | $4,403 |
| May 2022 | 01 TO 03 | 5 ROOM | 134 sqm | $555,000 | $4,142 |
About Block 116 Marsiling Rise
Block 116 at Marsiling Rise is a residential HDB block in Woodlands, Singapore, built in 1995 with approximately 69 years remaining on its 99-year lease. The block contains 5 room, executive flats, with resale prices ranging from $555,000 to $920,000 based on 4 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 04 TO 06 sold for $920,000 in 2024-05. The current median price per square metre is $4,760. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9098, with an annual lease decay rate of approximately 0.35%. 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 116 Marsiling Rise worth?
The most recent resale transaction at Block 116 Marsiling Rise was $920,000 for a executive flat in 2024-05. The median price per square metre across all flat types is $4,760, based on 4 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 116 Marsiling Rise?
Block 116 Marsiling Rise was built in 1995 and has approximately 69 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.35%, meaning the leasehold value decreases by approximately 0.35% per year at the current remaining lease.
What flat types are available at Block 116 Marsiling Rise?
Block 116 Marsiling Rise in Woodlands contains 5 room, executive flats. Resale prices range from $555,000 to $920,000 based on historical transaction records from data.gov.sg.