Google
HDB

[For Rent] Hdb Flat At 119 Marsiling Rise — From S$1,200

119 Marsiling Rise

1 for rent
16 people are looking at this property right now
HDB

[For Rent] Hdb Flat At 119 Marsiling Rise — From S$1,200

HDB Flat At 119 Marsiling Rise
1 Units To Rent
For Rent
Type Units Min Area Price Range
Other 1 130 sqft S$1,200/mo
Map
360° Street View
Building & Area Photos
Loading photos…
Nearby Amenities & Schools

Within roughly a 1 km radius, pulled live from Google Maps.

Loading nearby places…
Commute Times

Estimated travel time from this property.

Loading commute estimates…
Check the commute from your own location
Property Highlights
  • HDB development with 1 unit currently available.
  • Prices currently start from S$1,200.
  • For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$240 on this acquisition.
  • Located 11 min (870 m) from NS9 Woodlands MRT Station.
Housing Grants & Financing
  • Enhanced Housing Grant of up to S$120,000 for eligible families, or up to S$60,000 for eligible singles buying a resale HDB flat.
  • Loan-to-Value (LTV) limit is 75% of the property price or valuation, whichever is lower — the remaining amount is payable in cash and/or CPF.
  • Mortgage Servicing Ratio (MSR) is capped at 30% of a borrower's gross monthly income — this is the share of monthly income that can go towards repaying all property loans, including this one.
  • Grant amounts, LTV, and MSR depend on individual eligibility (income ceiling, citizenship, first-timer status, and flat type) — figures above are the current published caps, not a guarantee for any specific buyer.

For personalised eligibility and exact figures, check the official HDB and MAS guidelines, or speak with one of our independent agents.

Price Trends & Rental Yield

Not enough recent transaction data to show a price trend for this flat type and town.

Interested in this property?

Send a quick enquiry our Singapore Property team will reach out within 24 hours.

By submitting, you agree that Singapore Property may contact you about this and similar properties.

119 Marsiling Rise: HDB Flats in Woodlands

119 Marsiling Rise represents a residential HDB development positioned within the mature Woodlands estate, one of Singapore's most established public housing precincts. The project offers a range of compact dwelling units designed to serve first-time buyers seeking affordable entry into the property market, as well as investors looking for stable rental yields in a well-populated neighbourhood. The development benefits from decades of built infrastructure and a stable resident base, characteristics that define Woodlands as a dependable location for long-term capital appreciation.

The address places residents within a 11-minute walk of NS9 Woodlands MRT Station, delivering swift connectivity to the North-South Line and broader Singapore transport network. This proximity to rapid transit substantially enhances daily commuting convenience and reinforces the development's appeal to working professionals and families who value time-efficient journeys across the island. The station serves as a major interchange point, enabling seamless transfers to bus networks and feeder services that extend reach to employment centres, shopping districts, and educational institutions throughout the region.

Neighbourhood Character and Accessibility

Woodlands has evolved into a self-contained residential corridor with robust retail, dining, and essential services infrastructure. The vicinity of 119 Marsiling Rise encompasses community centres, wet markets, supermarkets, and informal dining establishments that cater to day-to-day household requirements without necessitating frequent travel to distant commercial hubs. This neighbourhood integration means residents benefit from a complete living ecosystem where groceries, meals, and routine errands remain accessible on foot or via brief bus journeys.

The precinct is served by multiple bus routes that distribute traffic across feeder services and trunk lines, ensuring residents are never reliant on a single transport mode. Schools, both primary and secondary institutions, operate throughout Woodlands, making the area particularly attractive to young families planning children's education pathways. Healthcare facilities, including polyclinics and dental clinics, are embedded within the estate, reflecting the comprehensive planning that underpins mature HDB precincts.

HDB Ownership and Investment Considerations

HDB flats at 119 Marsiling Rise are held under 99-year leasehold tenure, a standard arrangement for public housing in Singapore. Ownership carries both rights and obligations: proprietors gain the ability to occupy, lease, or sell their units subject to HDB regulations and resale eligibility criteria. First-time owners must satisfy Eligibility and Quota criteria, whilst second and subsequent HDB purchases face restrictions on the number of properties one may own simultaneously.

For investors evaluating this development as a rental asset, rental demand across Woodlands remains steady due to the estate's accessibility to employment nodes and transport hubs. Compact unit sizes typically command stable tenant interest, particularly from young professionals, expatriates, and relocating families who prioritise location over interior space. Gross rental yields in mature HDB estates like Woodlands have historically ranged between 2.5% to 3.5% depending on unit configuration, lease tenure remaining, and prevailing rental rate movements.

Capital Value Dynamics and Lease Decay

HDB resale values in Woodlands have demonstrated resilience over multi-year periods, supported by steady demand from upgraders exiting entry-level properties and first-timers entering the market. The 99-year leasehold tenure does introduce considerations regarding long-term capital preservation: as a property approaches 60 years remaining on its lease, market valuations typically experience acceleration in depreciation. 119 Marsiling Rise, being an established development, requires investors to monitor lease decay effects and understand how remaining tenure influences purchasing decisions among future buyer cohorts.

Buyers considering second HDB property purchases—whether as investment assets or for relocation purposes—should note that HDB regulations restrict simultaneous ownership of multiple flats. Those seeking to add a property to an existing HDB holding must first sell their incumbent flat or satisfy specific exemption criteria established by HDB. This regulatory framework differs from private property markets and carries material implications for portfolio construction strategies.

Financing and Buyer Profiles

Entry-level pricing across the development makes HDB flats at 119 Marsiling Rise accessible to first-time buyers utilising HDB concessional loans, which offer interest rates substantially lower than comparable bank mortgage products. Total Debt Servicing Ratio (TDSR) calculations typically favour HDB financing, allowing borrowers to service mortgage obligations across a wider income envelope. First-time buyers with household incomes ranging from low to middle tiers can structure financing arrangements that retain adequate monthly cash flow for living expenses and contingency reserves.

Upgraders transitioning from rental or inherited properties may utilise bank financing for private property purchases, though those moving between HDB flats benefit from HDB loan advantages. Estate agents and financial advisors commonly recommend that buyers obtain mortgage in-principle approval prior to commencing property searches, enabling realistic assessment of purchasing power and reducing negotiation timeframes once a target unit emerges.

Market Positioning Within Woodlands

119 Marsiling Rise occupies a well-established position within the broader Woodlands HDB landscape. Neighbouring developments and competing supply in the precinct range from contemporary new launches to long-established estates offering diverse unit configurations. Price discovery across these competing properties reveals how Marsiling Rise units align with per-square-foot benchmarks established by recent transacted sales throughout the estate and neighbouring blocks.

Purchasers comparing this development against others in Woodlands should evaluate proximity to amenities, transport access, estate management quality, and long-term infrastructure planning by HDB. Some properties benefit from recent upgrading programmes or en bloc refurbishment initiatives, whilst others remain in original configuration—factors that influence asking prices and yield expectations across the micromarket.

Transport Links and Economic Corridors

The 11-minute walk to NS9 Woodlands MRT Station positions residents favourably for commutes to major employment concentrations across Singapore. The North-South Line extends southward through Ang Mo Kio, Bishan, and the Central Business District, whilst northbound travel connects to Yishun and maritime-related precincts. This linear connectivity supports professionals working across diverse sectors and geographies, reducing commute times compared to properties in outer estates lacking direct MRT access.

Future transport infrastructure improvements, including proposed extensions and interchange enhancements, may further elevate the strategic value of properties in proximity to major MRT stations. Monitoring of public transport master plans and long-term infrastructure announcements provides insight into how transport accessibility may evolve and influence demand patterns over 5 to 10-year horizons.

119 Marsiling Rise represents a pragmatic choice for buyers prioritising affordability, transport convenience, and proven neighbourhood stability. The development appeals to diverse buyer segments—from first-time owners taking initial steps into property ownership, to investors seeking rental-generating assets with established tenant demand, to upgraders relocating within the public housing system. Its location within mature Woodlands and proximity to rapid transit infrastructure underpin both current market appeal and long-term value preservation expectations.

Frequently Asked Questions

What rental yield might investors expect from units at 119 Marsiling Rise?

HDB flats in mature estates like Woodlands historically deliver gross rental yields in the range of 2.5% to 3.5% annually, depending on unit size, remaining lease tenure, and prevailing market rental rates. Compact units at 119 Marsiling Rise typically experience consistent tenant demand from young professionals and expatriates seeking location-efficient accommodation near MRT stations and established amenities. Investors should calculate net yield by deducting maintenance fees, property tax, and vacancy allowances to determine true investment returns. Lease tenure plays a critical role: units with greater remaining tenure command higher valuations and support stronger rental demand, as tenants and subsequent buyers perceive lower depreciation risk.

How do per-square-foot prices at 119 Marsiling Rise compare to recent HDB sales in Woodlands?

Woodlands HDB properties have traded at varying price per square foot depending on unit type, block location, and lease remaining. Recent transacted sales in the estate typically range between established benchmarks that reflect age, floor level, and proximity to transport or amenities. 119 Marsiling Rise units should be evaluated against these recent comparable sales to assess whether asking prices represent fair value or premium positioning. Prospective buyers are encouraged to request HDB resale price data from the Urban Redevelopment Authority (URA) Realis database, which publishes transacted prices by estate and unit type, enabling accurate per-square-foot comparison across competing properties in the micromarket.

What is the Additional Buyer's Stamp Duty impact for second HDB property purchases?

Singapore Citizens purchasing a second residential property—whether HDB or private—are subject to Additional Buyer's Stamp Duty at the current rate of 20% on the purchase price. This represents a substantial cost layer that materially impacts total acquisition expense and project-level investment returns. For example, a purchase at S$300,000 would incur ABSD of S$60,000, significantly reducing available capital for renovation, furnishing, or other outgoings. Buyers should factor ABSD into financing calculations and confirm that total borrowing plus ABSD can be accommodated within acceptable Debt Servicing Ratios. Note that HDB regulations also restrict simultaneous ownership of multiple flats, creating dual constraints on portfolio expansion—sellers must dispose of existing HDB properties before acquiring additional units, irrespective of ABSD implications.

How does the 99-year lease tenure affect long-term resale value and buyer demand?

HDB flats operate under 99-year leasehold tenure, which introduces lease decay mechanics affecting capital values over extended holding periods. Early in the lease cycle (60+ years remaining), annual depreciation is typically modest, and buyer demand remains robust. However, as lease tenure declines below 60 years, market valuations often accelerate downward, reflecting buyer anxiety about long-term asset preservation and future financing challenges. Banks and HDB lending schemes impose minimum remaining lease requirements—typically 30 to 40 years—that can restrict borrowing eligibility for highly-decayed properties. 119 Marsiling Rise, as an established development, requires buyers and investors to monitor lease aging trajectories and understand when properties may transition into less marketable brackets. Purchasing decisions should incorporate 5 to 10-year hold periods and anticipated lease-adjusted valuations to ensure investment thesis remains sound as tenure declines.

How does proximity to Woodlands MRT Station influence demand and capital appreciation?

Direct MRT accessibility is one of the most powerful demand drivers in Singapore property markets, and the 11-minute walk from 119 Marsiling Rise to NS9 Woodlands MRT Station positions the development within the most sought-after microlocations in the Woodlands precinct. Stations serve as gravitational anchors for residential values, particularly for commuter-focused buyers and investor tenants seeking efficient travel to employment nodes. Historical data demonstrates that properties within 10-minute walks of major MRT stations command rental premiums and capital appreciation outpacing similar properties in less-connected areas. Future transport infrastructure developments—including potential upgrades to interchange facilities or extensions of the North-South Line—may further reinforce property values around Woodlands MRT. Investors and occupiers prioritising time efficiency in daily commutes typically favour MRT-proximate locations, creating durable demand that supports price stability and long-term capital growth.

Which buyer profiles are best suited to 119 Marsiling Rise?

First-time buyers represent a natural target audience, as HDB properties offer concessional financing terms and affordability thresholds substantially below private housing. Young professionals and newlywed couples frequently utilise HDB flats as stepping stones into property ownership before upgrading to larger or private units later. Investors seeking rental-generating assets with established tenant demand find HDB flats attractive due to consistent leasing velocity and lower acquisition costs compared to private development. Upgraders relocating within the HDB system—moving from older estates or smaller units to better-serviced precincts—constitute a meaningful demand cohort for established developments like Marsiling Rise. Expatriates on extended employment assignments in Singapore often lease HDB units, supporting stable rental yields. Empty-nesters downsizing from large family units may appreciate compact configurations and lower maintenance obligations. The proximity to Woodlands MRT and established neighbourhood services makes the development suitable across diverse age groups and household compositions.

What TDSR headroom is typically available for financing at 119 Marsiling Rise price points?

Total Debt Servicing Ratio calculations determine the maximum mortgage amount a buyer can service based on household income and existing debt obligations. HDB concessional loan products typically impose TDSR caps of 35% for first-time buyers, compared to 55% caps for bank mortgages on private properties. At entry-level HDB price points, most first-time buyers with stable employment and household incomes in the S$3,000 to S$6,000 monthly range can secure full financing with substantial residual income for living expenses and contingencies. For example, a household earning S$5,000 monthly can typically service monthly mortgage payments of up to S$1,750, enabling purchase of properties priced up to approximately S$280,000 to S$320,000 depending on existing obligations. Buyers should obtain mortgage pre-approval from HDB or participating banks prior to viewing units, ensuring realistic purchasing power assessment and reducing negotiation friction. Properties at 119 Marsiling Rise, positioned as entry-level developments, align well with financing capacity of first-time buyer cohorts, reducing mortgage stress and supporting household financial stability.

How does 119 Marsiling Rise compare to competing HDB developments in Woodlands?

Woodlands estate comprises multiple HDB developments and blocks spanning several decades of construction, each offering distinct unit configurations, lease tenures, and pricing structures. Competing properties may include newer launches with contemporary finishes, or vintage estates offering lower asking prices but requiring renovation. Per-square-foot analysis should be conducted across competing blocks to identify value outliers and market-clearing price ranges. Some neighbouring developments may benefit from recent upgrading programmes, enhanced lighting, or improved common areas, potentially justifying premium positioning. Others may offer superior floor levels, corner units, or higher-storey advantage that command rental premiums. 119 Marsiling Rise should be evaluated within this competitive landscape by examining recent transacted prices, rental asks from comparable units, and buyer reviews of estate management and amenity quality. Property portals and HDB resale market data provide frameworks for objective comparative analysis, enabling buyers to identify whether specific units represent superior or inferior value relative to immediate neighbourhood alternatives.

Which unit stacks and floor levels offer best value at 119 Marsiling Rise?

HDB flat values typically vary by floor level and orientation within the same block, reflecting buyer preferences for natural light, ventilation, and reduced noise exposure. Mid-storey units (typically floors 10 to 20 in multi-storey blocks) often represent optimal value, balancing reasonable asking prices with sufficient elevation for light penetration and reduced street-level disturbances. Ground-floor and first-storey units, whilst more affordable, may experience security concerns, moisture issues, or limited privacy relative to higher levels. Top-storey units command premiums for panoramic views and light access, though they may experience greater heat absorption in tropical climates. Corner units across most storeys benefit from enhanced natural cross-ventilation and dual-aspect light, often justifying modest price premiums. Investors and occupiers seeking maximum-value positioning should focus on mid-level corner units with east or north-facing orientation, balancing acquisition cost with rental appeal and long-term capital preservation. Floor plans, unit orientation, and block-to-block proximity should be examined alongside pricing to identify units offering superior layout efficiency relative to asking price.

What future supply pipeline exists in Woodlands, and how might it affect property values?

The HDB development pipeline across Woodlands and adjacent precincts influences long-term supply dynamics and price equilibrium within the precinct. New HDB launches in Woodlands or neighbouring estates introduce competing supply that may exert downward pressure on resale values if sufficient unmet demand doesn't exist. Conversely, supply constraints in high-demand areas may support price appreciation and rental-yield compression as limited stock drives competitive bidding. Urban Redevelopment Authority (URA) and HDB planning documents outline zoning intentions and approved development frameworks for Singapore regions, including Woodlands. Monitoring announcements regarding new estate construction, upgrading programmes, or transport improvements provides insight into whether property values may face headwinds from increased supply or tailwinds from infrastructure enhancement. Investors should remain informed of constituency-level planning consultations and national housing policy shifts, as these influence medium-term demographic distribution and competitive positioning of mature estates like Woodlands relative to emerging precincts. Properties at 119 Marsiling Rise benefit from established demand anchored in stable, mature neighbourhoods; however, awareness of future supply trajectories supports more informed decision-making regarding investment holding periods and exit strategies.