Is it a Good Deal?: $845,000 for a five-room flat along Woodlands Street 13
A five-room HDB flat along Woodlands Street 13 was just sold for a record-high of $845,000 (Photo: Samuel Isaac Chua/EdgeProp Singapore)
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A five-room HDB flat at 183A Woodlands Street 13 in District 25 was recently sold for $845,000 ($695 psf), setting a new record high for such flats in Woodlands. The 1,216-sq ft flat is located on the 25th to 27th storeys and has a long remaining lease of approximately 92 years.
We used our analytics tool, Is it a Good Deal?, to assess the transaction and determine whether the buyer secured a bargain.
Near a wide variety of amenities
Marsiling MRT Station, Marsiling Mall, Marsiling Primary School, Marsiling Secondary School, Woodlands Stadium, Swimming Complex and Sports Centre as well as Woodlands Town Park East are within walking distance of the subject flat (see Map 1).
Notably, Marsiling MRT Station is only one stop from the dual-line Woodlands MRT Station, which provides residents with easy access to the Thomson-East Coast Line. There are also a number of amenities near Woodlands MRT Station, including Causeway Point and Woods Square.
Source: EdgeProp LandLens
Other schools within a 1km radius include Fuchun Primary School, Si Ling Primary School, Fuchun Secondary School and Woodlands Secondary School (see Screenshot 1).
Another plus point of the subject flat is its long remaining lease of approximately 92 years, as its lease commenced in 2019.
Source: EdgeProp Is it a Good Deal (as at 27 March 2026)
Our tool also indicates that the transacted price for the subject flat is significantly above the average resale price for District 25 (see Screenshot 2). The high price could be attributed to the subject flat’s long remaining lease and proximity to a wide range of amenities. Furthermore, Woodlands is slated to be developed into a Regional Centre and Singapore’s gateway to Malaysia.
Source: EdgeProp Is it a Good Deal (as at 27 March 2026)
Record-high price for five-room flats in Woodlands
At the time of writing, data from HDB indicates that 119 five-room flats in Woodlands have been sold this year, with prices ranging from $450,000 to $845,000. The transacted price for the subject flat marks a new record high for five-room flats in Woodlands, making it one of the few remaining HDB towns without million-dollar five-room flats.
The previous record high was set by another five-room flat at 184A Woodlands Street 13, which was sold for $835,000 ($686 psf) in July 2025. Coincidentally, a five-room flat at 182B Woodlands Street 13 was also sold for $835,000 ($686 psf) earlier this month. Notably, these two flats are located a stone’s throw from the subject flat (see Map 2). Like the subject flats, these two flats measure 1,216 sq ft and have a remaining lease of around 92 years.
Source: EdgeProp LandLens
Transacted price for subject flat surpasses average resale price in Woodlands
The average resale price for three-room flats ($584 psf) in Woodlands has consistently trended above that of four-room ($533 psf) and five-room ($515 psf) flats (see Chart 1). Three-room flats (62.2%) in Woodlands have also recorded stronger price growth since 2020, followed by five-room (56.5%) and four-room (55.8%) flats.
The lease of the subject flat commenced in 2019, making it seven years old. Among five-room flats aged 10 years or less, the average resale price for those in Woodlands ($622 psf) is lower than that in the North Region ($636 psf) and islandwide ($709 psf), highlighting the relative affordability of such flats in Woodlands (see Chart 2).
Notably, the subject flat transacted at $695 psf, significantly higher than the average resale price of its peers in Woodlands ($622 psf) and the North Region ($636 psf), but below the islandwide average ($709 psf).
No condos within 500m radius
There are no condos within a 500m radius of the subject flat. However, within a 1km radius, three condos can be found, namely The Woodgrove, Woodgrove Condominium and Woodhaven (see Map 3). All three are 99-year leasehold developments.
Source: EdgeProp LandLens (as at 27 March 2026)
Among the trio, The Woodgrove is the oldest, having obtained its temporary occupation permit (TOP) in 1998. Woodgrove Condominium (TOP in 1999) is a year younger, followed by Woodhaven (TOP in 2015). In addition to being the oldest, The Woodgrove is also the smallest, with 72 units, followed by Woodgrove Condominium (248 units). Woodhaven is the largest, with 298 condo units and 39 landed units.
Its relative youth may explain why Woodhaven’s average resale price for its condo units has consistently trended above the other two developments (see Chart 3). In contrast, the average resale prices of The Woodgrove and Woodgrove Condominium have moved in tandem due to their similar age.
At the time of writing, no resale transactions have been recorded for The Woodgrove this year. In contrast, Woodgrove Condominium and Woodhaven have recorded three transactions each, achieving average resale prices of $1,017 psf and $1,339 psf, respectively.
Last year, each of the three condos saw seven units change hands. Units at The Woodgrove averaged $982 psf, while those at Woodgrove Condominium averaged $999 psf. In contrast, units at Woodhaven ($1,338 psf) maintained an average above $1,000 psf.
Notably, the average resale price for 99-year leasehold condos in Woodlands ($1,180 psf) is lower than that for similar condos in the North Region ($1,324 psf) and islandwide ($1,733 psf), attesting to the relative affordability of such condos in Woodlands (see Chart 4).
Conclusion
The record-setting transaction at 183A Woodlands Street 13 underscores the growing appeal of newer five-room flats in Woodlands, particularly those with long remaining leases and close proximity to amenities and public transport nodes.
While the transacted price for the subject flat is notably above the average resale prices for similar flats in Woodlands and the North Region, it remains below the islandwide average, suggesting that Woodlands flats are comparatively affordable. Furthermore, Woodlands stands out as one of the few HDB towns without million-dollar five-room flats. Given ongoing plans to develop Woodlands into a Regional Centre, demand and prices for HDB flats in Woodlands is expected to trend upwards.
To learn more about this transaction, and whether it is a good deal, click here.
Check out the latest listings for Woodhaven, The Woodgrove, Woodgrove Condominium, Woodlands properties
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