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Blk 586 Woodlands Drive 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 $640,000 $697,500 $755,000 2

Rental summary (last 3 years)

Flat Type Min $ Avg $ Max $ Rented
5 room $2,000 $3,154 $3,600 13
Executive $3,000 $3,400 $3,800 2

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
Resale transactions trend
  • 5 room price : Trending up
  • Executive price : Trending up
Average resale price trend

There were a total of 10 resale transactions in the last 3 years for units in block 586 Woodlands Drive 16, with the latest one recorded in Aug 2024.

1110
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

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

There were a total of 15 rental transactions in the last 3 years for units in block 586 Woodlands Drive 16. The latest recorded one was in Nov 2024.

1115
Date Rental Flat Type Location Town
Nov 2024 $3,400 5 Room Blk 586 Woodlands Drive 16 5 Room Woodlands
Oct 2024 $3,800 Executive Blk 586 Woodlands Drive 16 Executive Woodlands
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
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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
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