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Blk 583 Woodlands Drive 16

583 Woodlands Drive 16 is an HDB block in Woodlands. It comprises executive units with the highest floor being 12. The block was completed in 1999 and the lease with HDB commenced in the year 2001. This leaves a remaining lease period of approximately 82 years 08 months.

Based on past transactions data, the unit floor size is 131sqm. The latest resale transaction was in Oct 2024 and the highest transacted price was recorded in Aug 2024 for a executive unit at $780,000.

In terms of accessibility to schools, there are several primary schools located within 1km of 583, including Innova Primary School, Woodlands Ring Primary School and Woodgrove Primary School.

For secondary education, the nearby schools include Woodgrove Secondary School, Christ Church Secondary School and Woodlands Ring Secondary School.

Public transportation is also convenient, with several MRT stations close to 583, including Woodlands South MRT Station (TE3). There are also 7 bus stops within walking distance of this block.

Resale summary (last 3 years)

Flat Type Min $ Avg $ Max $ Sold
Executive $670,000 $722,143 $780,000 7

Rental summary (last 3 years)

Flat Type Min $ Avg $ Max $ Rented
Executive $2,000 $2,967 $4,000 9

Below is a quick summary of the resale transactions volume and average price trends for the executive units at 583 Woodlands Drive 16.

  • Executive sales : Stable or no visible trend
Resale transactions trend
  • Executive price : Trending up
Average resale price trend

There were a total of 7 resale transactions in the last 3 years for units in block 583 Woodlands Drive 16, with the latest one recorded in Oct 2024.

117
Date Resale PSM Type Location Floor Fl. Area Model Built
Oct 2024 $760,000 $5,802 Executive Blk 583 Woodlands Drive 16 Executive / 131 sqm 04 to 06 131 sqm Apartment 2001
Aug 2024 $780,000 $5,954 Executive Blk 583 Woodlands Drive 16 Executive / 131 sqm 07 to 09 131 sqm Apartment 2001
May 2024 $755,000 $5,763 Executive Blk 583 Woodlands Drive 16 Executive / 131 sqm 07 to 09 131 sqm Apartment 2001
Apr 2024 $685,000 $5,229 Executive Blk 583 Woodlands Drive 16 Executive / 131 sqm 01 to 03 131 sqm Apartment 2001
Aug 2023 $670,000 $5,115 Executive Blk 583 Woodlands Drive 16 Executive / 131 sqm 01 to 03 131 sqm Apartment 2001
Jul 2023 $725,000 $5,534 Executive Blk 583 Woodlands Drive 16 Executive / 131 sqm 10 to 12 131 sqm Apartment 2001
Apr 2022 $680,000 $5,191 Executive Blk 583 Woodlands Drive 16 Executive / 131 sqm 10 to 12 131 sqm Apartment 2001

Here's a summary of the rental transactions and price trends for the executive units at 583 Woodlands Drive 16.

  • Executive rental : Trending down < path stroke="none" d="M0 0h24v24H0z" fill="none"/>
Rental transactions trend
  • Executive rental price : Trending up
Average rental price trend

There were a total of 9 rental transactions in the last 3 years for units in block 583 Woodlands Drive 16. The latest recorded one was in Oct 2024.

119
Date Rental Flat Type Location Town
Oct 2024 $3,300 Executive Blk 583 Woodlands Drive 16 Executive Woodlands
Jun 2024 $3,800 Executive Blk 583 Woodlands Drive 16 Executive Woodlands
Feb 2024 $3,200 Executive Blk 583 Woodlands Drive 16 Executive Woodlands
Jan 2024 $2,000 Executive Blk 583 Woodlands Drive 16 Executive Woodlands
Jul 2023 $4,000 Executive Blk 583 Woodlands Drive 16 Executive Woodlands
Nov 2022 $3,000 Executive Blk 583 Woodlands Drive 16 Executive Woodlands
Jul 2022 $2,500 Executive Blk 583 Woodlands Drive 16 Executive Woodlands
Feb 2022 $2,000 Executive Blk 583 Woodlands Drive 16 Executive Woodlands
Feb 2022 $2,900 Executive Blk 583 Woodlands Drive 16 Executive Woodlands
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583 Woodlands Drive 16

Block : 583
Street : Woodlands Drive 16
Building :
Postal code : 730583
Town : Woodlands
Recorded transactions floor area : 131 sqm
Recorded transactions flat types : Executive
Recorded transactions flat models : Apartment
Lease commencement : 2001
Year completed : 1999
Max. Floor : 12
Residential? : Y
Commercial? : N
Market or hawker centre? : N
Multi-storey carpark? : N
Precinct or pavilion? : N
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