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Block 22 Marsiling Drive

3 Room · 4 Room · Built 1977 · 50 years remaining lease · Updated Mar 2026 MOP Cleared

Block 22 Marsiling Drive has 37 recorded HDB resale transactions since 2017. Latest sale: $330,000 (Mar 2026, 3 room, floors 04–06). Median $4,146/sqm. Built 1977, 50 years lease remaining.

Latest Sale
$330,000
Mar 2026 · 3 ROOM · Floor 04-06
Median $/sqm
$4,146
Based on 37 transactions
Total Transactions
37
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 97%
#667 / 689 Top 97%
Latest Sale ?
Top 99%
#682 / 689 Top 99%
Value ($/sqm) ?
Top 67%
#459 / 689 Top 67%
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
--
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.75%/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 50 years remaining 99 years
50 years 4 months
Remaining lease
↓ 0.75%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 50 years remaining, decay is gradual (~0.75%/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
3-Room $2,500 typically $2,450–$2,500 9.1% 10 rentals here
4-Room $3,050 typically $2,800–$3,250 6.6% 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).
All Transactions
Date Floor Type Area Price $/sqm
Mar 2026 04 TO 06 3 ROOM 67 sqm $330,000 $4,925
Jan 2025 04 TO 06 3 ROOM 67 sqm $371,000 $5,537
Jan 2025 04 TO 06 3 ROOM 82 sqm $428,000 $5,220
Dec 2024 07 TO 09 3 ROOM 67 sqm $360,000 $5,373
Aug 2024 10 TO 12 3 ROOM 82 sqm $395,000 $4,817
Jul 2024 01 TO 03 3 ROOM 67 sqm $338,000 $5,045
Jul 2024 04 TO 06 3 ROOM 67 sqm $365,000 $5,448
Jun 2024 01 TO 03 3 ROOM 67 sqm $355,000 $5,299
Feb 2024 01 TO 03 3 ROOM 82 sqm $380,000 $4,634
Dec 2023 07 TO 09 4 ROOM 92 sqm $410,000 $4,457
Sep 2023 07 TO 09 4 ROOM 92 sqm $368,000 $4,000
Jul 2023 01 TO 03 3 ROOM 67 sqm $310,000 $4,627
Jul 2023 07 TO 09 3 ROOM 67 sqm $320,000 $4,776
May 2023 04 TO 06 3 ROOM 67 sqm $320,000 $4,776
Apr 2023 10 TO 12 4 ROOM 92 sqm $420,000 $4,565
Apr 2023 13 TO 15 4 ROOM 92 sqm $425,000 $4,620
Dec 2022 07 TO 09 3 ROOM 67 sqm $300,000 $4,478
Aug 2022 01 TO 03 3 ROOM 67 sqm $285,000 $4,254
Jul 2022 07 TO 09 3 ROOM 67 sqm $298,000 $4,448
Mar 2022 04 TO 06 3 ROOM 82 sqm $340,000 $4,146
Showing 20 of 37 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 22 Marsiling Drive

Block 22 at Marsiling Drive is a residential HDB block in Woodlands, Singapore, built in 1977 with approximately 50 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $194,000 to $428,000 based on 37 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 04 TO 06 sold for $330,000 in 2026-03. The current median price per square metre is $4,146. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8230, with an annual lease decay rate of approximately 0.75%. 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 22 Marsiling Drive worth?

The most recent resale transaction at Block 22 Marsiling Drive was $330,000 for a 3 room flat in 2026-03. The median price per square metre across all flat types is $4,146, based on 37 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 22 Marsiling Drive?

Block 22 Marsiling Drive was built in 1977 and has approximately 50 years and 4 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.75%, meaning the leasehold value decreases by approximately 0.75% per year at the current remaining lease.

What flat types are available at Block 22 Marsiling Drive?

Block 22 Marsiling Drive in Woodlands contains 3 room, 4 room flats. Resale prices range from $194,000 to $428,000 based on historical transaction records from data.gov.sg.

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