CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYDistrict 25 · Woodlands

23 Marsiling Drive

Reviewed by Nathan TangUpdated 10 November 2026

Quick Summary

23 Marsiling Drive is a commercial building in District 25 · Woodlands, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan with a gross plot ratio of 2.8. ACRA records 1 live company registration at this address.

The facts are here — now get the verdict on 23 Marsiling Drive.

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What are the key facts about 23 Marsiling Drive?

Key takeaway23 Marsiling Drive is a commercial building in District 25 · Woodlands, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY.

Asset class: Commercial
Land-use zone: RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio: 2.8
Tenure: Not on record
District / Area: District 25 · Woodlands
Address: —
Land area: 1,666 sqm
Completed: 1976 (HDB Property Information)
Storeys: 13 (HDB Property Information)
Submarket: Suburban
Transactions on record: None recorded
Live listings: None
ACRA registrations: 1

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

About 23 Marsiling Drive

23 Marsiling Drive is a commercial building in Woodlands (District 25). It is located along Marsiling Drive, Singapore 730023.

Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey with a gross plot ratio of 2.8.

It occupies roughly 1,666 sqm of land with about 4,665 sqm of gross floor area.

13 businesses are currently registered at this address with ACRA.

The nearest MRT is Marsiling MRT Exit A, 977 m away (about a 15-minute walk). The closest bus stop (Blk 23) is 53 m away (about a 1-minute walk). Causeway Point is 1.5 km away.

What is 23 Marsiling Drive zoned as?

Key takeaway23 Marsiling Drive sits on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY with a gross plot ratio of 2.8.

Land-use zone: RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio: 2.8

Run the full zoning report for this building →

What does space at 23 Marsiling Drive rent for?

Key takeawayNo street- or building-level rent is published here. Across District 25 retail, retail space rented at a median of $24.27 psf a month in 2026Q3, with the middle half of leases between $18.83 and $30.25. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 25 retail

Region band · 2026Q3

25th pct

$18.83

$202.65 psm

Median

$24.27

$261.25 psm

75th pct

$30.25

$325.64 psm

S$ per sq ft per month

A REGION BAND — URA's grid for the whole district or location, not this street or building. Say "across <district/location>, …", never that this building rents for it. The middle of URA's retail grid for District 25 across every floor and size band — a ground-floor shop and an upper-floor unit sit at very different points in it.

Source: URA REALIS retail rental analysis (district × floor × size grid).

Market context around 23 Marsiling Drive

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.

CBRE, 2Q 2026

Suburban: Rent S$32.95 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

Suburban: Rent S$33.36 psf/mth · Vacancy 5.7% (1Q 2026) · Planned / under construction 1.53m sq ft

Singapore Retail MarketBeat Q2 2026

Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% on the year).

Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.

What do commercial rents run near 23 Marsiling Drive?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Retail rents — District 25 ($ psm/month, 2026Q3)

Floor level · size band	25th pct	Median	75th pct
B1 & Below · 30 & Below	$334.78	$351.12	$428.70
B1 & Below · >30 - 100	$217.82	$281.07	$333.72
Level 1 · >30 - 100	$187.47	$222.71	$286.55
B1 & Below · >100 - 300	$183.00	$241.43	$317.56

URA REALIS rental-contract percentiles for the district/location — an area benchmark, not this building's own rents. Office and retail are dimensioned differently and are never mixed.

What is near 23 Marsiling Drive?

Amenities nearby

Blk 23 · 53 mEducational Institution · 90 mMarsiling Community Club · 101 mPlace Of Worship · 131 mBlks 20/21 Marsiling Lane · 462 mMarsiling MRT Exit A · 977 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at 23 Marsiling Drive

Key takeawayThe nearest station is Marsiling (NS8), 977 m away — a busy station, with about 41,000 taps in and out on an average weekday. 9 public car parks are within 500 m.

Foot traffic: busier than 13% of retail buildings

nearest MRT/LRT Marsiling (NS8) 977 m, about 41,000 taps a weekday; bus stops within 400 m: 8, about 15,000 taps a weekday; Woodlands: 43,797 resident workers (Census 2020, by workplace); about 35,000 residents within 1 km (June 2026); 0 other malls within 1 km. Ranked against 12,856 retail buildings by PropKaki's model: a relative score, not a footfall count.

A relative score from PropKaki's model (station and bus taps nearby, workers and residents around, and competing malls), not a count of people.

Stations within 1 km

Marsiling (NS8)977 m · about 41,000 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to 23 Marsiling Drive. Transfers between lines don't tap, so interchanges read low.

Bus

8 bus stops within 400 m, with about 15,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Blk 22/27 Marsiling Drive (HDB)104 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 255 car lots
Blk 29A Marsiling Dr (HDB)140 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 301 car lots
Blk 201/206 Marsiling Drive (HDB)278 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 272 car lots
Blk 7A Marsiling Drive (HDB)298 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 355 car lots
Blk 4/5 Marsiling Road (HDB)331 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 116 car lots

HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.

Nearest URA season parking: Senoko South Rd, 3.6 km away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. 23 Marsiling Drive's own car park, if it has one, and its charges are not in the open data.

Who's registered at 23 Marsiling Drive?

Key takeaway1 live company (and LLPs and branches; sole proprietors are not counted) list 23 Marsiling Drive as their registered address on its shop floor. These are registered businesses, not who occupies the space.

Wholesale and retail trade
1

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. HDB block: only the shop floor (level 1 and basements) is counted; the flats above are homes. ACRA, as of 2026-09-16.

Frequently asked questions about 23 Marsiling Drive

Where is 23 Marsiling Drive?⌄

23 Marsiling Drive is at Marsiling Drive, Singapore 730023, in the Woodlands planning area.

What is 23 Marsiling Drive zoned as?⌄

23 Marsiling Drive sits on land zoned residential with commercial at 1st storey under the URA Master Plan, with a gross plot ratio of 2.8.

Have there been any recorded transactions at 23 Marsiling Drive?⌄

No caveats have been lodged for 23 Marsiling Drive in the URA records we track. That is common for buildings held by a single owner, which never generate strata transactions.

What is the nearest MRT station to 23 Marsiling Drive?⌄

Marsiling MRT Exit A is the closest, 977 m away (about a 15-minute walk).

How many businesses are registered at 23 Marsiling Drive?⌄

13 businesses are currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.

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Read the figures right

Completion year: the year HDB records the block as completed (HDB Property Information).

Storeys: the block's highest floor level as HDB records it.

Submarket: PropKaki's own map from URA's planning subzones (CBD core, City Hall / Bugis, Orchard, city fringe, regional centres, suburban). Brokers draw these lines differently.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Tenure is not recorded for this building. Commercial tenure coverage is roughly 40% (industrial is far better at ~90%).

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from HDB Property Information, PropKaki's submarket map, HDB car park information (data.gov.sg), LTA DataMall passenger volumes, PropKaki's foot-traffic model — see our methodology. Last updated 10 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.