Blk 586 Woodlands Drive 16
About 586 Woodlands Dr 16
586 Woodlands Drive 16 is an HDB block located in Woodlands. It has 5 room and executive units and the highest floor is 12. The block was completed in 1999 and the lease with HDB commenced in 2001. This means that the remaining lease period is approximately 83 years 01 month. The unit floor size are 111 and 131sqm. The latest resale transaction was in Aug 2024 and the highest transacted price was recorded in Jul 2024 for a executive unit at $755,000.
There are several primary schools located within 1km of block 586, including Innova Primary School, Woodgrove Primary School and Woodlands Ring Primary School.
For secondary education, the nearby schools include Woodgrove Secondary School and Christ Church Secondary School.
Block 586 is also close to several MRT stations, making it easy to get around Singapore. The following MRT stations are within walking distance of the block : Woodlands South MRT Station (TE3).
There are also 7 bus stops within walking distance of the block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 5 room | $480,000 | $543,375 | $622,000 | 8 |
| Executive | $568,000 | $645,750 | $755,000 | 4 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 5 room | $2,000 | $3,108 | $3,600 | 13 |
| Executive | $2,300 | $2,567 | $3,000 | 3 |
Resale transactions volume and average price trend (last 3 years)
Below is a quick summary of the resale transactions volume and average price trends for the 5 room and executive units at 586 Woodlands Drive 16.
- 5 room sales : Stable or no visible trend
- Executive sales : Stable or no visible trend
- 5 room price : Trending up
- Executive price : Trending up
Resale transaction details and prices
There were a total of 12 resale transactions in the last 3 years for units in block 586 Woodlands Drive 16, with the latest one recorded in Aug 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Aug 2024 | $622,000 | $5,604 | 5 Room | Blk 586 Woodlands Drive 16 5 Room / 111 sqm | 10 to 12 | 111 sqm | Improved | 2001 |
| Jul 2024 | $755,000 | $5,763 | Executive | Blk 586 Woodlands Drive 16 Executive / 131 sqm | 07 to 09 | 131 sqm | Apartment | 2001 |
| Dec 2023 | $555,000 | $5,000 | 5 Room | Blk 586 Woodlands Drive 16 5 Room / 111 sqm | 04 to 06 | 111 sqm | Improved | 2001 |
| Jun 2023 | $540,000 | $4,865 | 5 Room | Blk 586 Woodlands Drive 16 5 Room / 111 sqm | 01 to 03 | 111 sqm | Improved | 2001 |
| May 2023 | $550,000 | $4,955 | 5 Room | Blk 586 Woodlands Drive 16 5 Room / 111 sqm | 01 to 03 | 111 sqm | Improved | 2001 |
| Jan 2023 | $575,000 | $5,180 | 5 Room | Blk 586 Woodlands Drive 16 5 Room / 111 sqm | 10 to 12 | 111 sqm | Improved | 2001 |
| Nov 2022 | $640,000 | $4,885 | Executive | Blk 586 Woodlands Drive 16 Executive / 131 sqm | 04 to 06 | 131 sqm | Apartment | 2001 |
| Oct 2022 | $525,000 | $4,730 | 5 Room | Blk 586 Woodlands Drive 16 5 Room / 111 sqm | 01 to 03 | 111 sqm | Improved | 2001 |
| Mar 2022 | $480,000 | $4,324 | 5 Room | Blk 586 Woodlands Drive 16 5 Room / 111 sqm | 04 to 06 | 111 sqm | Improved | 2001 |
| Feb 2022 | $500,000 | $4,505 | 5 Room | Blk 586 Woodlands Drive 16 5 Room / 111 sqm | 01 to 03 | 111 sqm | Improved | 2001 |
| Nov 2021 | $568,000 | $4,336 | Executive | Blk 586 Woodlands Drive 16 Executive / 131 sqm | 01 to 03 | 131 sqm | Apartment | 2001 |
| Oct 2021 | $620,000 | $4,733 | Executive | Blk 586 Woodlands Drive 16 Executive / 131 sqm | 07 to 09 | 131 sqm | Apartment | 2001 |
Rental transactions volume and average rental price trend (last 3 years)
Here's a summary of the rental transactions and price trends for the 5 room and executive units at 586 Woodlands Drive 16.
- 5 room rental : Trending up
- Executive rental : Trending down
- 5 room rental price : Trending down
- Executive rental price : Trending up
Rental transaction details and prices
There were a total of 16 rental transactions in the last 3 years for units in block 586 Woodlands Drive 16. The latest recorded one was in Jul 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Jul 2024 | $2,800 | 5 Room | Blk 586 Woodlands Drive 16 5 Room | Woodlands |
| May 2024 | $3,400 | 5 Room | Blk 586 Woodlands Drive 16 5 Room | Woodlands |
| May 2024 | $2,800 | 5 Room | Blk 586 Woodlands Drive 16 5 Room | Woodlands |
| Mar 2024 | $2,800 | 5 Room | Blk 586 Woodlands Drive 16 5 Room | Woodlands |
| Feb 2024 | $3,400 | 5 Room | Blk 586 Woodlands Drive 16 5 Room | Woodlands |
| May 2023 | $3,300 | 5 Room | Blk 586 Woodlands Drive 16 5 Room | Woodlands |
| Mar 2023 | $3,500 | 5 Room | Blk 586 Woodlands Drive 16 5 Room | Woodlands |
| Dec 2022 | $3,600 | 5 Room | Blk 586 Woodlands Drive 16 5 Room | Woodlands |
| Oct 2022 | $3,600 | 5 Room | Blk 586 Woodlands Drive 16 5 Room | Woodlands |
| Sep 2022 | $3,000 | Executive | Blk 586 Woodlands Drive 16 Executive | Woodlands |
| Jun 2022 | $2,000 | 5 Room | Blk 586 Woodlands Drive 16 5 Room | Woodlands |
| Jun 2022 | $3,200 | 5 Room | Blk 586 Woodlands Drive 16 5 Room | Woodlands |
| Mar 2022 | $3,200 | 5 Room | Blk 586 Woodlands Drive 16 5 Room | Woodlands |
| Dec 2021 | $2,800 | 5 Room | Blk 586 Woodlands Drive 16 5 Room | Woodlands |
| Oct 2021 | $2,400 | Executive | Blk 586 Woodlands Drive 16 Executive | Woodlands |
| Oct 2021 | $2,300 | Executive | Blk 586 Woodlands Drive 16 Executive | Woodlands |
Create email alert
Property information for 586 Woodlands Drive 16
| Block | : | 586 |
| Street | : | Woodlands Drive 16 |
| Building | : | |
| Postal code | : | 730586 |
| Town | : | Woodlands |
| Recorded transactions floor area | : | 111 sqm, 131 sqm |
| Recorded transactions flat types | : | 5 Room, Executive |
| Recorded transactions flat models | : | Apartment, Improved |
| 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 |