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 Apr 2024 and the highest transacted price was recorded in Nov 2022 for a 5 room unit at $565,000.
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
$546,667
$565,000
3
Rental summary (last 3 years)
Flat Type
Min $
Avg $
Max $
Rented
5 room
$1,500
$2,366
$3,600
15
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 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
Analysis of price range & units sold by block numbers (last 3 years)
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
$414,000
$410,000
$418,000
2
504C
$484,000
$480,000
$488,000
2
504D
$487,296
$468,888
$500,000
3
507A
$438,000
$438,000
$438,000
1
507B
$445,000
$445,000
$445,000
1
507C
$448,000
$440,000
$452,000
3
589A
$467,833
$441,000
$483,000
6
589B
$462,847
$410,000
$505,888
8
589C
$470,000
$470,000
$470,000
1
589D
$477,500
$458,000
$510,000
4
5 room
Block
Avg $
Min $
Max $
Units sold
501A
$536,000
$450,000
$603,000
6
501C
$520,200
$460,000
$595,000
5
503C
$549,629
$495,888
$593,000
3
504B
$533,000
$495,000
$570,000
5
504C
$479,500
$469,000
$490,000
2
504D
$536,667
$520,000
$545,000
3
507A
$569,578
$559,888
$578,000
5
507B
$524,800
$460,000
$583,000
5
507C
$524,736
$450,000
$585,000
8
588A
$546,667
$535,000
$565,000
3
588C
$525,600
$493,000
$578,000
5
589A
$535,000
$500,000
$570,000
2
589B
$595,000
$595,000
$595,000
1
589C
$564,500
$542,000
$608,000
4
589D
$527,667
$475,000
$588,000
3
Executive
Block
Avg $
Min $
Max $
Units sold
501D
$647,722
$560,000
$712,888
4
502A
$710,000
$660,000
$750,000
3
503A
$669,682
$588,088
$765,000
7
504A
$628,097
$542,888
$730,888
8
506A
$677,500
$585,000
$730,000
4
507D
$662,167
$565,000
$750,000
7
588B
$647,296
$598,000
$735,000
3
Resale transaction details and prices
There were a total of 3 resale transactions in the last 3 years for units in block 588A Montreal Drive, with the latest one recorded in Apr 2024.
Date
Resale
PSM
Type
Location
Floor
Fl. Area
Model
Built
113
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
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 units at 588A Montreal Drive.
5 room rental :
Trending down
Rental transactions trend
5 room rental price :
Trending up
Average rental price trend
Analysis of rental price range & units rented by block numbers (last 3 years)
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
$2,460
$1,500
$3,300
5
501C
$2,760
$1,800
$3,500
5
503C
$2,825
$2,800
$2,900
4
504B
$2,544
$2,000
$3,600
9
504D
$2,531
$1,600
$3,500
9
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
$2,480
$1,600
$3,350
10
589C
$2,575
$1,600
$3,500
6
589D
$2,813
$1,850
$3,500
12
5 room
Block
Avg $
Min $
Max $
Units rented
501A
$2,686
$2,100
$3,300
7
501C
$2,546
$1,650
$3,700
12
503C
$2,544
$2,000
$3,500
9
504B
$2,500
$1,500
$3,500
2
504C
$2,565
$1,640
$3,500
13
504D
$2,536
$1,800
$3,700
7
507A
$2,858
$1,800
$3,600
12
507B
$2,544
$1,500
$3,400
9
507C
$2,714
$1,950
$3,500
11
588A
$2,366
$1,500
$3,600
15
588C
$2,817
$1,850
$3,700
21
589A
$2,638
$1,700
$3,300
4
589B
$2,900
$2,600
$3,200
2
589C
$2,260
$1,500
$2,900
5
589D
$3,400
$3,400
$3,400
1
Executive
Block
Avg $
Min $
Max $
Units rented
501D
$2,708
$2,000
$4,000
13
502A
$2,814
$2,000
$3,800
14
503A
$3,525
$2,900
$4,100
4
504A
$2,853
$1,900
$3,800
20
506A
$3,142
$2,100
$4,500
13
507D
$2,854
$2,300
$3,750
12
588B
$3,009
$2,000
$4,000
11
Rental transaction details and prices
There were a total of 15 rental transactions in the last 3 years for units in block 588A Montreal Drive. The latest recorded one was in Jun 2024.
Date
Rental
Flat Type
Location
Town
1115
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
$1,900
5 Room
Blk 588A Montreal Drive 5 Room
Sembawang
Jul 2022
$3,088
5 Room
Blk 588A Montreal Drive 5 Room
Sembawang
Jul 2022
$3,000
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
Dec 2021
$1,900
5 Room
Blk 588A Montreal Drive 5 Room
Sembawang
Oct 2021
$1,850
5 Room
Blk 588A Montreal Drive 5 Room
Sembawang
Sep 2021
$2,000
5 Room
Blk 588A Montreal Drive 5 Room
Sembawang
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