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 2022 and the highest transacted price was recorded in Sep 2022 for a executive unit at $735,000.
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
$598,000
$647,296
$735,000
3
Rental summary (last 3 years)
Flat Type
Min $
Avg $
Max $
Rented
Executive
$2,000
$3,009
$4,000
11
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 executive units at 588B Montreal Drive.
Executive sales :
Stable or no visible trend
Resale transactions trend
Executive 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 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
$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 588B Montreal Drive, with the latest one recorded in Sep 2022.
Date
Resale
PSM
Type
Location
Floor
Fl. Area
Model
Built
113
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
Sep 2021
$598,000
$4,784
Executive
Blk 588B Montreal Drive Executive / 125 sqm
07 to 09
125 sqm
Apartment
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 executive units at 588B Montreal Drive.
Executive rental :
Trending up
Rental transactions trend
Executive 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 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
$2,460
$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 11 rental transactions in the last 3 years for units in block 588B Montreal Drive. The latest recorded one was in Oct 2023.
Date
Rental
Flat Type
Location
Town
1111
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
Nov 2021
$2,500
Executive
Blk 588B Montreal Drive Executive
Sembawang
Oct 2021
$2,300
Executive
Blk 588B Montreal Drive Executive
Sembawang
Aug 2021
$2,000
Executive
Blk 588B Montreal Drive Executive
Sembawang
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