Blk 588B Montreal Drive

588B Montreal Drive comprises executive HDB blocks and is located in Sembawang. It was completed in year 2000 and the lease commenced in 2002. The remaining lease period with HDB is therefore approximately 84 years 10 months.

The highest floor for this block is 14. The unit floor size is 125sqm, based on past transactions data. The latest resale transaction was in Sep 2024 and the highest transacted price was recorded in Sep 2024 for a executive unit at $830,000.

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

Block 588B is also well-connected to public transportation, with several MRT stations close by, including Sembawang MRT Station (NS11) and Canberra MRT Station (NS12).

There are also 8 bus stops easily accessible from this block.

Resale summary (last 3 years)

Flat Type	Min $	Avg $	Max $	Sold
Executive	$608,888	$724,629	$830,000	3

Rental summary (last 3 years)

Flat Type	Min $	Avg $	Max $	Rented
Executive	$2,200	$3,385	$4,000	10

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

Executive sales : Stable or no visible trend

Resale transactions trend

Executive 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 588B 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 3 resale transactions in the last 3 years for units in block 588B Montreal Drive, with the latest one recorded in Sep 2024.

Date	Resale	PSM	Type	Location	Floor	Fl. Area	Model	Built
Sep 2024	$830,000	$6,640	Executive	Blk 588B Montreal Drive Executive / 125 sqm	10 to 12	125 sqm	Apartment	2002
Sep 2022	$735,000	$5,880	Executive	Blk 588B Montreal Drive Executive / 125 sqm	10 to 12	125 sqm	Apartment	2002
Feb 2022	$608,888	$4,871	Executive	Blk 588B Montreal Drive Executive / 125 sqm	10 to 12	125 sqm	Apartment	2002

Here's a summary of the rental transactions and price trends for the executive units at 588B Montreal Drive.

Executive rental : Trending down

Rental transactions trend

Executive 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 588B 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 10 rental transactions in the last 3 years for units in block 588B Montreal Drive. The latest recorded one was in Nov 2024.

Date	Rental	Flat Type	Location	Town
Nov 2024	$3,850	Executive	Blk 588B Montreal Drive Executive	Sembawang
Jul 2024	$3,700	Executive	Blk 588B Montreal Drive Executive	Sembawang
Oct 2023	$3,700	Executive	Blk 588B Montreal Drive Executive	Sembawang
Sep 2023	$3,700	Executive	Blk 588B Montreal Drive Executive	Sembawang
Jun 2023	$3,800	Executive	Blk 588B Montreal Drive Executive	Sembawang
Mar 2023	$3,800	Executive	Blk 588B Montreal Drive Executive	Sembawang
Mar 2023	$4,000	Executive	Blk 588B Montreal Drive Executive	Sembawang
Nov 2022	$2,800	Executive	Blk 588B Montreal Drive Executive	Sembawang
Oct 2022	$2,200	Executive	Blk 588B Montreal Drive Executive	Sembawang
Feb 2022	$2,300	Executive	Blk 588B Montreal Drive Executive	Sembawang

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588B Montreal Drive

Block	:	588B
Street	:	Montreal Drive
Building	:	Montreal Spring
Postal code	:	752588
Town	:	Sembawang
Recorded transactions floor area	:	125 sqm
Recorded transactions flat types	:	Executive
Recorded transactions flat models	:	Apartment

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

Blk 588B Montreal Drive

About 588B Montreal Dr

Resale summary (last 3 years)

Rental summary (last 3 years)

Resale transactions volume and average price trend (last 3 years)

Analysis of price range & units sold by block numbers (last 3 years)

Resale transaction details and prices

Rental transactions volume and average rental price trend (last 3 years)

Analysis of rental price range & units rented by block numbers (last 3 years)

Rental transaction details and prices

Create email alert

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Property information for 588B Montreal Drive