Blk 588 Woodlands Drive 16
About 588 Woodlands Dr 16
588 Woodlands Drive 16 comprises 4 room HDB blocks and is located in Woodlands. It was completed in year 1999 and the lease commenced in 2001. The remaining lease period with HDB is therefore approximately 83 years 03 months.
The highest floor for this block is 12. The unit floor size is 91sqm, based on past transactions data. The latest resale transaction was in Aug 2024 and the highest transacted price was recorded in Aug 2024 for a 4 room unit at $510,000.
In terms of accessibility to schools, there are several primary schools located within 1km of block 588, 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 588 is also well-connected to public transportation, with several MRT stations close by, including Woodlands South MRT Station (TE3).
There are also 6 bus stops easily accessible from this block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 4 room | $445,000 | $482,111 | $510,000 | 8 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 4 room | $1,900 | $2,823 | $3,600 | 13 |
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 4 room units at 588 Woodlands Drive 16.
- 4 room sales : Trending down
- 4 room price : Trending up
Resale transaction details and prices
There were a total of 8 resale transactions in the last 3 years for units in block 588 Woodlands Drive 16, with the latest one recorded in Aug 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Aug 2024 | $510,000 | $5,604 | 4 Room | Blk 588 Woodlands Drive 16 4 Room / 91 sqm | 07 to 09 | 91 sqm | Model A | 2001 |
| Mar 2024 | $505,000 | $5,549 | 4 Room | Blk 588 Woodlands Drive 16 4 Room / 91 sqm | 04 to 06 | 91 sqm | Model A | 2001 |
| Mar 2023 | $496,888 | $5,460 | 4 Room | Blk 588 Woodlands Drive 16 4 Room / 91 sqm | 10 to 12 | 91 sqm | Model A | 2001 |
| Jan 2023 | $470,000 | $5,165 | 4 Room | Blk 588 Woodlands Drive 16 4 Room / 91 sqm | 01 to 03 | 91 sqm | Model A | 2001 |
| May 2022 | $487,000 | $5,352 | 4 Room | Blk 588 Woodlands Drive 16 4 Room / 91 sqm | 10 to 12 | 91 sqm | Model A | 2001 |
| Apr 2022 | $445,000 | $4,890 | 4 Room | Blk 588 Woodlands Drive 16 4 Room / 91 sqm | 04 to 06 | 91 sqm | Model A | 2001 |
| Apr 2022 | $470,000 | $5,165 | 4 Room | Blk 588 Woodlands Drive 16 4 Room / 91 sqm | 04 to 06 | 91 sqm | Model A | 2001 |
| Nov 2021 | $473,000 | $5,198 | 4 Room | Blk 588 Woodlands Drive 16 4 Room / 91 sqm | 04 to 06 | 91 sqm | Model A | 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 4 room units at 588 Woodlands Drive 16.
- 4 room rental : Trending up
- 4 room rental price : Trending up
Rental transaction details and prices
There were a total of 13 rental transactions in the last 3 years for units in block 588 Woodlands Drive 16. The latest recorded one was in Sep 2023.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Sep 2023 | $3,400 | 4 Room | Blk 588 Woodlands Drive 16 4 Room | Woodlands |
| Sep 2023 | $3,000 | 4 Room | Blk 588 Woodlands Drive 16 4 Room | Woodlands |
| Jun 2023 | $3,600 | 4 Room | Blk 588 Woodlands Drive 16 4 Room | Woodlands |
| Apr 2023 | $2,400 | 4 Room | Blk 588 Woodlands Drive 16 4 Room | Woodlands |
| Nov 2022 | $3,200 | 4 Room | Blk 588 Woodlands Drive 16 4 Room | Woodlands |
| Nov 2022 | $3,500 | 4 Room | Blk 588 Woodlands Drive 16 4 Room | Woodlands |
| Oct 2022 | $3,000 | 4 Room | Blk 588 Woodlands Drive 16 4 Room | Woodlands |
| Aug 2022 | $3,000 | 4 Room | Blk 588 Woodlands Drive 16 4 Room | Woodlands |
| Apr 2022 | $2,400 | 4 Room | Blk 588 Woodlands Drive 16 4 Room | Woodlands |
| Feb 2022 | $2,200 | 4 Room | Blk 588 Woodlands Drive 16 4 Room | Woodlands |
| Dec 2021 | $2,600 | 4 Room | Blk 588 Woodlands Drive 16 4 Room | Woodlands |
| Nov 2021 | $1,900 | 4 Room | Blk 588 Woodlands Drive 16 4 Room | Woodlands |
| Nov 2021 | $2,500 | 4 Room | Blk 588 Woodlands Drive 16 4 Room | Woodlands |
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Property information for 588 Woodlands Drive 16
| Block | : | 588 |
| Street | : | Woodlands Drive 16 |
| Building | : | |
| Postal code | : | 730588 |
| Town | : | Woodlands |
| Recorded transactions floor area | : | 91 sqm |
| Recorded transactions flat types | : | 4 Room |
| Recorded transactions flat models | : | Model A |
| 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 |