Block 118 Marsiling Rise

5 Room · Executive · Built 1995 · 69 years remaining lease MOP Cleared
Latest Sale
$910,000
Oct 2024 · EXECUTIVE · #04-06
Median $/sqm
$4,017
Based on 14 transactions
Total Transactions
14
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 69 years remaining 99 years
69 years 6 months
Remaining lease
↓ 0.35%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 69 years remaining, decay is gradual (~0.35%/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
Oct 2024 04 TO 06 EXECUTIVE 173 sqm $910,000 $5,260
May 2024 10 TO 12 EXECUTIVE 173 sqm $965,000 $5,578
Mar 2024 10 TO 12 5 ROOM 134 sqm $690,000 $5,149
Jun 2023 07 TO 09 EXECUTIVE 173 sqm $955,000 $5,520
Feb 2022 07 TO 09 EXECUTIVE 170 sqm $880,000 $5,176
Aug 2021 01 TO 03 EXECUTIVE 173 sqm $710,000 $4,104
Mar 2021 07 TO 09 EXECUTIVE 173 sqm $680,000 $3,931
Sep 2019 07 TO 09 EXECUTIVE 173 sqm $645,000 $3,728
Jul 2019 07 TO 09 EXECUTIVE 170 sqm $635,000 $3,735
May 2019 04 TO 06 5 ROOM 134 sqm $450,000 $3,358
Jan 2019 07 TO 09 EXECUTIVE 170 sqm $705,000 $4,147
Nov 2018 04 TO 06 EXECUTIVE 173 sqm $665,000 $3,844
Feb 2018 10 TO 12 EXECUTIVE 170 sqm $640,000 $3,765
Feb 2017 01 TO 03 EXECUTIVE 170 sqm $588,000 $3,459
Showing 14 of 14 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 118 Marsiling Rise

Block 118 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 $450,000 to $965,000 based on 14 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 04 TO 06 sold for $910,000 in 2024-10. The current median price per square metre is $4,017. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9085, 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 118 Marsiling Rise worth?

The most recent resale transaction at Block 118 Marsiling Rise was $910,000 for a executive flat in 2024-10. The median price per square metre across all flat types is $4,017, based on 14 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 118 Marsiling Rise?

Block 118 Marsiling Rise was built in 1995 and has approximately 69 years and 6 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 118 Marsiling Rise?

Block 118 Marsiling Rise in Woodlands contains 5 room, executive flats. Resale prices range from $450,000 to $965,000 based on historical transaction records from data.gov.sg.

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