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Block 123 Marsiling Rise

4 Room · 5 Room · Built 1985 · 58 years remaining lease · Updated Apr 2026 MOP Cleared

Block 123 Marsiling Rise has 32 recorded HDB resale transactions since 2017. Latest sale: $608,000 (Apr 2026, 5 room, floors 10–12). Median $3,313/sqm. Built 1985, 58 years lease remaining.

How this block compares

  • 5 Room$604,000
    −8.5%vs town(−$56k)−18.4%vs national(−$136k)

Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.

Latest Sale
$608,000
Apr 2026 · 5 ROOM · Floor 10-12
Median $/sqm
$3,313
Based on 32 transactions
Total Transactions
32
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 86%
#593 / 689 Top 86%
Latest Sale ?
Top 45%
#313 / 689 Top 45%
Value ($/sqm) ?
Top 99%
#681 / 689 Top 99%
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
--
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 58 years remaining 99 years
58 years 9 months
Remaining lease
↓ 0.53%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 58 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). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
4-Room $3,100 typically $2,900–$3,250 6.7% Woodlands avg · block too thin
5-Room $2,875 typically $2,750–$3,350 5.7% 6 rentals here
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

This block is inside the 1 km Primary 1 priority zone for 2 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

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
2 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 123 Marsiling Rise 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
Apr 2026 10 TO 12 5 ROOM 121 sqm $608,000 $5,025
Jan 2026 13 TO 15 5 ROOM 130 sqm $600,000 $4,615
May 2025 13 TO 15 5 ROOM 121 sqm $585,000 $4,835
Apr 2025 10 TO 12 4 ROOM 98 sqm $515,000 $5,255
Feb 2025 04 TO 06 4 ROOM 98 sqm $500,000 $5,102
Feb 2025 10 TO 12 4 ROOM 98 sqm $508,000 $5,184
Oct 2024 07 TO 09 5 ROOM 121 sqm $570,000 $4,711
Jun 2024 01 TO 03 5 ROOM 121 sqm $570,000 $4,711
Nov 2023 01 TO 03 5 ROOM 121 sqm $468,000 $3,868
Aug 2023 13 TO 15 5 ROOM 121 sqm $513,000 $4,240
May 2023 01 TO 03 5 ROOM 121 sqm $508,000 $4,198
May 2023 01 TO 03 5 ROOM 126 sqm $508,000 $4,032
Dec 2022 10 TO 12 5 ROOM 121 sqm $516,000 $4,264
Aug 2022 01 TO 03 5 ROOM 126 sqm $430,000 $3,413
Jul 2022 01 TO 03 5 ROOM 121 sqm $490,000 $4,050
Mar 2020 04 TO 06 5 ROOM 121 sqm $345,000 $2,851
Dec 2019 10 TO 12 5 ROOM 121 sqm $360,000 $2,975
Nov 2019 04 TO 06 5 ROOM 121 sqm $340,000 $2,810
Nov 2019 10 TO 12 5 ROOM 121 sqm $355,000 $2,934
Aug 2019 10 TO 12 5 ROOM 121 sqm $360,000 $2,975
Showing 20 of 32 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 123 Marsiling Rise

Block 123 Marsiling Rise is an ageing-lease HDB block in Woodlands, built in 1985 with about 58 years left on its 99-year lease, so remaining lease is the dominant price factor here. Its median sits about 20% below the Woodlands median, cheaper than about 86% of the town's blocks. It has a regular flow of resale activity, with 32 transactions since 2017 across 4 room, 5 room flats priced from $300,000 to $608,000. The most recent transaction was a 5 room flat on storeys 10 TO 12 at $608,000 in Apr 2026, and the median works out to $3,313/sqm. Floor level matters here: units on the higher 13 TO 15 band have sold around 15% above those on the 01 TO 03 band. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 123 Marsiling Rise worth?

The most recent resale transaction at Block 123 Marsiling Rise was $608,000 for a 5 room flat in 2026-04. The median price per square metre across all flat types is $3,313, based on 32 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 123 Marsiling Rise?

Block 123 Marsiling Rise was built in 1985 and has approximately 58 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 0.53%, meaning the leasehold value decreases by approximately 0.53% per year at the current remaining lease.

What flat types are available at Block 123 Marsiling Rise?

Block 123 Marsiling Rise in Woodlands contains 4 room, 5 room flats. Resale prices range from $300,000 to $608,000 based on historical transaction records from data.gov.sg.

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