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Blk 588A Montreal Drive

588A Montreal Drive is an HDB block in Sembawang. It comprises 5 room units with the highest floor being 14. The block was completed in 2000 and the lease with HDB commenced in the year 2002. This leaves a remaining lease period of approximately 84 years 09 months.

Based on past transactions data, the unit floor size is 110sqm. The latest resale transaction was in Aug 2024 and the highest transacted price was recorded in Aug 2024 for a 5 room unit at $622,888.

In terms of accessibility to schools, there are several primary schools located within 1km of 588A, including Wellington Primary School and Sembawang Primary School.

Public transportation is also convenient, with several MRT stations close to 588A, including Sembawang MRT Station (NS11) and Canberra MRT Station (NS12). There are also 8 bus stops within walking distance of this block.

Resale summary (last 3 years)

Flat Type Min $ Avg $ Max $ Sold
5 room $535,000 $565,722 $622,888 4

Rental summary (last 3 years)

Flat Type Min $ Avg $ Max $ Rented
5 room $1,500 $2,663 $3,600 18

Below is a quick summary of the resale transactions volume and average price trends for the 5 room units at 588A Montreal Drive.

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

Here's a view of the transacted price ranges and units sold over the last 3 years grouped by flat types and blocks from Montreal Spring. We will compare a total of 3 flat types (4 Room, 5 Room and Executive), across a total of 22 blocks within this HDB project/estate. Block 588A has been highlighted in the table(s) below for easy comparison with other blocks with similar flat types.

4 room
Block Avg $ Min $ Max $ Units sold
501A $458,500 $447,000 $470,000 2
501C $475,750 $430,000 $510,000 4
503C $450,000 $410,000 $490,000 2
504B $447,667 $410,000 $515,000 3
504C $484,000 $480,000 $488,000 2
504D $487,296 $468,888 $500,000 3
507A $489,000 $438,000 $540,000 2
507B $445,000 $445,000 $445,000 1
507C $468,500 $440,000 $530,000 4
589A $467,833 $441,000 $483,000 6
589B $498,968 $463,000 $535,000 7
589C $502,500 $470,000 $535,000 2
589D $477,500 $458,000 $510,000 4
5 room
Block Avg $ Min $ Max $ Units sold
501A $553,200 $523,000 $603,000 5
501C $535,250 $491,000 $595,000 4
503C $549,629 $495,888 $593,000 3
504B $546,000 $495,000 $610,000 7
504C $490,000 $490,000 $490,000 1
504D $547,000 $520,000 $595,000 5
507A $571,315 $559,888 $580,000 6
507B $556,000 $490,000 $616,000 5
507C $547,981 $498,000 $585,000 6
588A $565,722 $535,000 $622,888 4
588C $545,000 $515,000 $578,000 3
589A $570,000 $570,000 $570,000 1
589B $595,000 $595,000 $595,000 1
589C $564,500 $542,000 $608,000 4
589D $554,000 $520,000 $588,000 2
Executive
Block Avg $ Min $ Max $ Units sold
501D $676,963 $618,000 $712,888 3
502A $710,000 $660,000 $750,000 3
503A $673,796 $588,088 $765,000 6
504A $711,796 $640,000 $818,000 6
506A $708,333 $690,000 $730,000 3
507D $700,714 $565,000 $755,000 7
588B $724,629 $608,888 $830,000 3

There were a total of 4 resale transactions in the last 3 years for units in block 588A Montreal Drive, with the latest one recorded in Aug 2024.

114
Date Resale PSM Type Location Floor Fl. Area Model Built
Aug 2024 $622,888 $5,663 5 Room Blk 588A Montreal Drive 5 Room / 110 sqm 07 to 09 110 sqm Improved 2002
Apr 2024 $540,000 $4,909 5 Room Blk 588A Montreal Drive 5 Room / 110 sqm 04 to 06 110 sqm Improved 2002
Nov 2022 $565,000 $5,136 5 Room Blk 588A Montreal Drive 5 Room / 110 sqm 10 to 12 110 sqm Improved 2002
Oct 2022 $535,000 $4,864 5 Room Blk 588A Montreal Drive 5 Room / 110 sqm 04 to 06 110 sqm Improved 2002

Here's a summary of the rental transactions and price trends for the 5 room units at 588A Montreal Drive.

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

Displayed below is a view of the rental price ranges and units rented over the last 3 years. They are grouped by flat types and blocks from Montreal Spring. We will compare a total of 3 flat types (4 Room, 5 Room and Executive), across a total of 22 blocks within this HDB project/estate. Block 588A has been highlighted in the table(s) below for easy comparison with the other blocks in the same estate.

4 room
Block Avg $ Min $ Max $ Units rented
501A $2,467 $1,500 $3,300 6
501C $3,100 $2,000 $3,500 5
503C $2,825 $2,800 $2,900 4
504B $2,544 $2,000 $3,600 9
504D $2,675 $1,600 $3,500 10
507A $3,000 $3,000 $3,000 1
507B $3,500 $3,500 $3,500 1
507C $2,200 $2,000 $2,600 3
589A $2,350 $1,700 $3,000 4
589B $2,650 $1,600 $3,350 8
589C $2,867 $1,950 $3,500 6
589D $2,935 $1,850 $3,500 13
5 room
Block Avg $ Min $ Max $ Units rented
501A $2,900 $2,100 $3,300 6
501C $2,612 $1,650 $3,700 13
503C $2,675 $2,000 $3,500 8
504B $2,667 $1,500 $3,500 3
504C $2,620 $1,640 $3,500 12
504D $2,790 $1,800 $3,700 5
507A $2,953 $1,800 $3,600 15
507B $2,550 $1,500 $3,400 8
507C $2,888 $1,950 $3,500 13
588A $2,663 $1,500 $3,600 18
588C $2,933 $1,850 $3,700 21
589A $2,638 $1,700 $3,300 4
589B $3,200 $3,200 $3,200 1
589C $2,060 $1,500 $2,900 5
589D $3,400 $3,400 $3,400 1
Executive
Block Avg $ Min $ Max $ Units rented
501D $2,997 $2,000 $4,000 15
502A $3,092 $2,000 $3,800 12
503A $3,667 $2,900 $4,100 3
504A $3,015 $2,000 $3,800 17
506A $3,365 $2,200 $4,500 13
507D $2,885 $2,300 $3,750 13
588B $3,385 $2,200 $4,000 10

There were a total of 18 rental transactions in the last 3 years for units in block 588A Montreal Drive. The latest recorded one was in Sep 2024.

1118
Date Rental Flat Type Location Town
Sep 2024 $3,000 5 Room Blk 588A Montreal Drive 5 Room Sembawang
Aug 2024 $2,800 5 Room Blk 588A Montreal Drive 5 Room Sembawang
Aug 2024 $3,200 5 Room Blk 588A Montreal Drive 5 Room Sembawang
Jul 2024 $3,300 5 Room Blk 588A Montreal Drive 5 Room Sembawang
Jul 2024 $2,800 5 Room Blk 588A Montreal Drive 5 Room Sembawang
Jul 2024 $3,100 5 Room Blk 588A Montreal Drive 5 Room Sembawang
Jun 2024 $3,200 5 Room Blk 588A Montreal Drive 5 Room Sembawang
Aug 2023 $3,400 5 Room Blk 588A Montreal Drive 5 Room Sembawang
Jun 2023 $1,750 5 Room Blk 588A Montreal Drive 5 Room Sembawang
Apr 2023 $2,200 5 Room Blk 588A Montreal Drive 5 Room Sembawang
Mar 2023 $3,600 5 Room Blk 588A Montreal Drive 5 Room Sembawang
Oct 2022 $1,500 5 Room Blk 588A Montreal Drive 5 Room Sembawang
Aug 2022 $2,000 5 Room Blk 588A Montreal Drive 5 Room Sembawang
Jul 2022 $3,000 5 Room Blk 588A Montreal Drive 5 Room Sembawang
Jul 2022 $3,088 5 Room Blk 588A Montreal Drive 5 Room Sembawang
Jul 2022 $1,900 5 Room Blk 588A Montreal Drive 5 Room Sembawang
May 2022 $2,000 5 Room Blk 588A Montreal Drive 5 Room Sembawang
May 2022 $2,100 5 Room Blk 588A Montreal Drive 5 Room Sembawang
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588A Montreal Drive

Block : 588A
Street : Montreal Drive
Building : Montreal Spring
Postal code : 751588
Town : Sembawang
Recorded transactions floor area : 110 sqm
Recorded transactions flat types : 5 Room
Recorded transactions flat models : Improved
Lease commencement : 2002
Year completed : 2000
Max. Floor : 14
Residential? : Y
Commercial? : N
Market or hawker centre? : N
Multi-storey carpark? : N
Precinct or pavilion? : N
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