Blk 589 Woodlands Dr 16
Project page · 99-year lease from 2001
Based on 3 sales in this block, last 12 months. Search did not need to widen. See the comparable sales.
No storey entered, so sales were not adjusted for height
Comparable sales
Each price per area is scaled to Q2 2026 by the published index for the quarter it sold in.
| Sold | Where | Floor | Size | Price | Per sqm | Index × | Adjusted |
|---|---|---|---|---|---|---|---|
| Oct 2026 | Blk 589 | 07 TO 09 | 111 sqm | S$660,000 | S$5,946 psm | ×1.000 | S$5,946 psm |
| Jun 2026 | Blk 589 | 04 TO 06 | 111 sqm | S$608,008 | S$5,478 psm | ×1.000 | S$5,478 psm |
| Feb 2026 | Blk 589 | 07 TO 09 | 111 sqm | S$670,888 | S$6,044 psm | ×0.997 | S$6,026 psm |
How accurate is this estimate for Woodlands Dr 16?
We re-ran the estimate as of Q4 2025 on what was known at the time, then compared it with the 120 sales in Woodlands Dr 16 since.
- Median error
- 2.6%
Half the estimates came closer than this to what the home actually fetched, half missed by more.
What the rent says
What this flat earns against what it costs, set beside what homes like it earn.
6.00% gross yield
S$39,600 of rent a year against the estimate above · 0.08 points below flats like it
Homes like this rent for about S$3,300 a month, the middle of 53 approvals in the last year.
Across Singapore, flats of this type with 70 to 79 years of lease left yield 6.08%, from 120 blocks. This town has too few such blocks to measure on its own.
A yield above the mark means the flat rents well for what it costs, which can point to a keen rental patch or a price the sales alone have not caught up with. Below it, buyers are paying for something a tenant will not, such as the address itself.
Recent rental approvals used
| Approved | Block | Flat | Rent a month |
|---|---|---|---|
| Sept 2026 | 580 | 5 ROOM | S$3,500 |
| Sept 2026 | 582 | 5 ROOM | S$3,400 |
| Sept 2026 | 546 | 5 ROOM | S$3,400 |
| Aug 2026 | 587 | 5 ROOM | S$3,600 |
| Aug 2026 | 578 | 5 ROOM | S$3,500 |
| Aug 2026 | 545 | 5 ROOM | S$3,500 |
| Aug 2026 | 546 | 5 ROOM | S$3,200 |
| Aug 2026 | 589 | 5 ROOM | S$3,100 |
median of 53 HDB rental approvals for 5 ROOM on Woodlands Dr 16 since 2025-10.
Buying or selling at S$660,000?
Buying: Stamp duty on S$660,000 · Cash and CPF needed on S$660,000 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.
Selling: Net proceeds from selling on S$660,000.
Each opens with this figure filled in; change anything there.
Primary schools near 589 Woodlands Dr 16
Measured from each school's land to this address's own point, the way MOE bands P1 priority. MOE measures to the building's outline, so near 1 km or 2 km check OneMap's School Query.
Within about 1 km
- Innova Primary School · 411 m · no 2025 Phase 2C ballot
- Woodgrove Primary School · 714 m · no 2025 Phase 2C ballot
- Woodlands Ring Primary School · 760 m · no 2025 Phase 2C ballot
- Woodlands Primary School · 997 m · no 2025 Phase 2C ballot · near the line — check on OneMap
1 to 2 km
- Si Ling Primary School · 1,080 m · no 2025 Phase 2C ballot · near the line — check on OneMap
- Qihua Primary School · 1,552 m · no 2025 Phase 2C ballot
- Greenwood Primary School · 1,643 m · no 2025 Phase 2C ballot
- Admiralty Primary School · 1,686 m · balloted in 2025 Phase 2C (citizens within 1 km)
- Evergreen Primary School · 1,714 m · no 2025 Phase 2C ballot
- Fuchun Primary School · 1,851 m · no 2025 Phase 2C ballot
Past transactions
| Date | Detail | Area | Price | Per area |
|---|---|---|---|---|
| Oct 2026 | Blk 589 · 5 ROOM · 07 TO 09 · Improved · 74 years left | 111 sqm | S$660,000 | S$5,946 psm |
| Jun 2026 | Blk 589 · 5 ROOM · 04 TO 06 · Improved · 74 years left | 111 sqm | S$608,008 | S$5,478 psm |
| Apr 2026 | Blk 589 · EXECUTIVE · 10 TO 12 · Apartment · 74 years left | 131 sqm | S$815,888 | S$6,228 psm |
| Mar 2026 | Blk 589 · EXECUTIVE · 01 TO 03 · Apartment · 74 years left | 131 sqm | S$780,000 | S$5,954 psm |
| Feb 2026 | Blk 589 · 5 ROOM · 07 TO 09 · Improved · 74 years left | 111 sqm | S$670,888 | S$6,044 psm |
| Nov 2025 | Blk 589 · EXECUTIVE · 10 TO 12 · Apartment · 75 years left | 131 sqm | S$822,000 | S$6,275 psm |
| Oct 2025 | Blk 589 · EXECUTIVE · 10 TO 12 · Apartment · 75 years left | 131 sqm | S$818,000 | S$6,244 psm |
| Oct 2025 | Blk 589 · 5 ROOM · 04 TO 06 · Improved · 75 years left | 111 sqm | S$630,000 | S$5,676 psm |
| Sept 2025 | Blk 589 · 5 ROOM · 07 TO 09 · Improved · 75 years left | 111 sqm | S$656,888 | S$5,918 psm |
| Oct 2024 | Blk 589 · 5 ROOM · 04 TO 06 · Improved · 76 years left | 111 sqm | S$625,000 | S$5,631 psm |
| Sept 2024 | Blk 589 · EXECUTIVE · 07 TO 09 · Apartment · 76 years left | 131 sqm | S$765,000 | S$5,840 psm |
| May 2024 | Blk 589 · EXECUTIVE · 04 TO 06 · Apartment · 76 years left | 131 sqm | S$765,000 | S$5,840 psm |
| Apr 2024 | Blk 589 · EXECUTIVE · 07 TO 09 · Apartment · 76 years left | 131 sqm | S$758,888 | S$5,793 psm |
| Jan 2024 | Blk 589 · 5 ROOM · 07 TO 09 · Improved · 76 years left | 111 sqm | S$597,000 | S$5,378 psm |
| Dec 2023 | Blk 589 · EXECUTIVE · 07 TO 09 · Apartment · 76 years left | 131 sqm | S$725,000 | S$5,534 psm |
| Nov 2023 | Blk 589 · 5 ROOM · 07 TO 09 · Improved · 77 years left | 111 sqm | S$578,000 | S$5,207 psm |
| Nov 2023 | Blk 589 · 5 ROOM · 01 TO 03 · Improved · 77 years left | 111 sqm | S$550,000 | S$4,955 psm |
| Oct 2023 | Blk 589 · EXECUTIVE · 10 TO 12 · Apartment · 77 years left | 131 sqm | S$715,000 | S$5,458 psm |
| Aug 2023 | Blk 589 · EXECUTIVE · 07 TO 09 · Apartment · 77 years left | 131 sqm | S$738,000 | S$5,634 psm |
| Aug 2023 | Blk 589 · EXECUTIVE · 01 TO 03 · Apartment · 77 years left | 131 sqm | S$615,000 | S$4,695 psm |
| Apr 2023 | Blk 589 · 5 ROOM · 07 TO 09 · Improved · 77 years left | 111 sqm | S$574,000 | S$5,171 psm |
| Feb 2023 | Blk 589 · 5 ROOM · 04 TO 06 · Improved · 77 years left | 111 sqm | S$556,000 | S$5,009 psm |
| Jan 2023 | Blk 589 · 5 ROOM · 07 TO 09 · Improved · 77 years left | 111 sqm | S$550,000 | S$4,955 psm |
| Oct 2022 | Blk 589 · 5 ROOM · 04 TO 06 · Improved · 78 years left | 111 sqm | S$525,000 | S$4,730 psm |
| Jun 2022 | Blk 589 · 5 ROOM · 04 TO 06 · Improved · 78 years left | 111 sqm | S$505,000 | S$4,550 psm |
| May 2022 | Blk 589 · 5 ROOM · 10 TO 12 · Improved · 78 years left | 111 sqm | S$550,000 | S$4,955 psm |
| Mar 2022 | Blk 589 · EXECUTIVE · 07 TO 09 · Apartment · 78 years left | 131 sqm | S$656,000 | S$5,008 psm |
Showing 27 of 105.
Sale prices as filed in caveats.
| Period | Detail | Monthly rent | Per area |
|---|---|---|---|
| Aug 2026 | Blk 589 · 5 ROOM | S$3,100 | — |
| May 2026 | Blk 589 · EXECUTIVE | S$3,400 | — |
| Nov 2025 | Blk 589 · 5 ROOM | S$3,300 | — |
| Sept 2025 | Blk 589 · 5 ROOM | S$3,300 | — |
| May 2025 | Blk 589 · 5 ROOM | S$3,800 | — |
| Apr 2025 | Blk 589 · 5 ROOM | S$3,400 | — |
| Oct 2024 | Blk 589 · 5 ROOM | S$3,150 | — |
| Jul 2024 | Blk 589 · 5 ROOM | S$3,500 | — |
| May 2024 | Blk 589 · EXECUTIVE | S$3,400 | — |
| May 2024 | Blk 589 · 5 ROOM | S$3,300 | — |
| Nov 2023 | Blk 589 · 5 ROOM | S$3,000 | — |
| Oct 2023 | Blk 589 · 5 ROOM | S$3,400 | — |
| Sept 2023 | Blk 589 · 5 ROOM | S$3,300 | — |
| Jun 2023 | Blk 589 · 5 ROOM | S$2,800 | — |
| May 2023 | Blk 589 · 5 ROOM | S$3,800 | — |
| Jul 2022 | Blk 589 · 5 ROOM | S$2,800 | — |
| May 2022 | Blk 589 · 5 ROOM | S$2,300 | — |
| Apr 2022 | Blk 589 · 5 ROOM | S$2,200 | — |
| Mar 2022 | Blk 589 · 5 ROOM | S$2,500 | — |
| Nov 2021 | Blk 589 · 5 ROOM | S$2,000 | — |
| Oct 2021 | Blk 589 · 5 ROOM | S$2,200 | — |
| Sept 2021 | Blk 589 · 5 ROOM | S$2,600 | — |
| Jun 2021 | Blk 589 · 5 ROOM | S$1,800 | — |
| Apr 2021 | Blk 589 · 5 ROOM | S$2,400 | — |
| Apr 2021 | Blk 589 · 5 ROOM | S$2,200 | — |
| Mar 2021 | Blk 589 · 5 ROOM | S$1,800 | — |
Rents as approved by HDB, or as filed with URA for private homes, where the floor area is given as a band.
Where the lease takes this
About 73 years of the 99-year lease remain. Every figure below lets the lease run down on the decay measured from HDB resales in this market, then applies the price path in that column. The paths are scenarios to choose between, not forecasts.
| From now | Lease left | Prices flat | Prices 2% a year | This market's record, 3.64% a yearmeasured | Prices 4% a year |
|---|---|---|---|---|---|
| 5 years | 68 years | S$633,144 | S$699,042 | S$757,076 | S$770,316 |
| 10 years | 63 years | S$613,375 | S$747,701 | S$877,002 | S$907,945 |
| 20 years | 53 years | S$564,912 | S$839,430 | S$1,154,859 | S$1,237,792 |
On a flat market the lease alone costs 14% over 20 years. Prices would need to rise about 0.78% a year to cancel that out.
The measured column repeats what this market did between Q1 2015 and Q2 2026, which was 3.64% a year. Past growth is not a promise of future growth.
Horizons we have not measured are left out rather than guessed at, so a short lease shows fewer rows.
Indicative estimate from comparable caveats. Not a formal valuation.