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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 $3,333 $4,000 9

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 $438,000 $438,000 $438,000 1
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 $490,347 $430,000 $535,000 8
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 $569,578 $559,888 $578,000 5
507B $541,000 $490,000 $583,000 4
507C $547,981 $498,000 $585,000 6
588A $565,722 $535,000 $622,888 4
588C $533,750 $500,000 $578,000 4
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 $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 $665,983 $596,108 $745,000 7
506A $708,333 $690,000 $730,000 3
507D $691,667 $565,000 $750,000 6
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.

113
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 < path stroke="none" d="M0 0h24v24H0z" fill="none"/>
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 $2,561 $1,600 $3,350 9
589C $2,770 $1,950 $3,500 5
589D $2,921 $1,850 $3,500 12
5 room
Block Avg $ Min $ Max $ Units rented
501A $2,900 $2,100 $3,300 6
501C $2,546 $1,650 $3,700 14
503C $2,656 $2,000 $3,500 9
504B $2,500 $1,500 $3,500 2
504C $2,620 $1,640 $3,500 12
504D $2,658 $1,800 $3,700 6
507A $2,929 $1,800 $3,600 14
507B $2,550 $1,500 $3,400 8
507C $2,854 $1,950 $3,500 14
588A $2,623 $1,500 $3,600 19
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 $2,133 $1,500 $2,900 6
589D $3,400 $3,400 $3,400 1
Executive
Block Avg $ Min $ Max $ Units rented
501D $2,997 $2,000 $4,000 15
502A $3,045 $2,000 $3,800 11
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 $3,333 $2,200 $4,000 9

There were a total of 9 rental transactions in the last 3 years for units in block 588B Montreal Drive. The latest recorded one was in Jul 2024.

119
Date Rental Flat Type Location Town
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
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