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Blk 589A Montreal Drive

589A Montreal Drive is an HDB block in Sembawang. It comprises 4 room and 5 room units with the highest floor being 14. The block was completed in 2001 and the lease with HDB commenced in the year 2002. This leaves a remaining lease period of approximately 84 years 11 months.

Based on past transactions data, the unit floor size are 85, 86 and 110sqm. The latest resale transaction was in Feb 2024 and the highest transacted price was recorded in Jul 2023 for a 5 room unit at $570,000.

In terms of accessibility to schools, there are several primary schools located within 1km of 589A, including Wellington Primary School and Sembawang Primary School.

Public transportation is also convenient, with several MRT stations close to 589A, including Sembawang MRT Station (NS11) and Canberra MRT Station (NS12). There are also 6 bus stops within walking distance of this block.

Resale summary (last 3 years)

Flat Type Min $ Avg $ Max $ Sold
4 room $441,000 $467,833 $483,000 6
5 room $500,000 $535,000 $570,000 2

Rental summary (last 3 years)

Flat Type Min $ Avg $ Max $ Rented
4 room $1,700 $2,350 $3,000 4
5 room $1,700 $2,417 $3,000 3

Below is a quick summary of the resale transactions volume and average price trends for the 4 room and 5 room units at 589A Montreal Drive.

  • 4 room sales : Stable or no visible trend
  • 5 room sales : Stable or no visible trend
Resale transactions trend
  • 4 room price : Trending up
  • 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 589A 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 $480,944 $468,888 $493,000 2
507A $406,667 $380,000 $438,000 3
507B $402,500 $360,000 $445,000 2
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 $479,667 $469,000 $490,000 3
504D $536,667 $520,000 $545,000 3
507A $569,578 $559,888 $578,000 5
507B $510,250 $460,000 $553,000 4
507C $514,765 $435,000 $585,000 9
588A $546,667 $535,000 $565,000 3
588C $513,143 $469,000 $578,000 7
589A $535,000 $500,000 $570,000 2
589B $525,000 $525,000 $525,000 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 $627,978 $549,000 $712,888 5
502A $710,000 $660,000 $750,000 3
503A $653,796 $588,088 $740,000 6
504A $628,097 $542,888 $730,888 8
506A $673,333 $585,000 $730,000 3
507D $650,028 $565,000 $750,000 6
588B $629,222 $575,000 $735,000 4

There were a total of 8 resale transactions in the last 3 years for units in block 589A Montreal Drive, with the latest one recorded in Feb 2024.

118
Date Resale PSM Type Location Floor Fl. Area Model Built
Feb 2024 $483,000 $5,682 4 Room Blk 589A Montreal Drive 4 Room / 85 sqm 13 to 15 85 sqm Model A2 2002
Jan 2024 $480,000 $5,647 4 Room Blk 589A Montreal Drive 4 Room / 85 sqm 04 to 06 85 sqm Model A2 2002
Dec 2023 $478,000 $5,624 4 Room Blk 589A Montreal Drive 4 Room / 85 sqm 10 to 12 85 sqm Model A2 2002
Jul 2023 $570,000 $5,182 5 Room Blk 589A Montreal Drive 5 Room / 110 sqm 07 to 09 110 sqm Improved 2002
Dec 2022 $465,000 $5,407 4 Room Blk 589A Montreal Drive 4 Room / 86 sqm 10 to 12 86 sqm Model A2 2002
Jun 2022 $460,000 $5,412 4 Room Blk 589A Montreal Drive 4 Room / 85 sqm 10 to 12 85 sqm Model A2 2002
May 2022 $441,000 $5,188 4 Room Blk 589A Montreal Drive 4 Room / 85 sqm 07 to 09 85 sqm Model A2 2002
Dec 2021 $500,000 $4,545 5 Room Blk 589A 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 4 room and 5 room units at 589A Montreal Drive.

  • 4 room rental : Stable trend
  • 5 room rental : Trending down < path stroke="none" d="M0 0h24v24H0z" fill="none"/>
Rental transactions trend
  • 4 room rental price : Trending up
  • 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 589A 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 $2,080 $1,200 $3,300 5
501C $2,700 $1,800 $3,500 4
503C $2,825 $2,800 $2,900 4
504B $2,513 $2,000 $3,600 8
504D $2,423 $1,600 $3,500 12
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 $2,423 $1,600 $3,350 11
589C $2,575 $1,600 $3,500 6
589D $2,696 $1,800 $3,500 12
5 room
Block Avg $ Min $ Max $ Units rented
501A $2,600 $2,000 $3,300 8
501C $2,541 $1,650 $3,700 11
503C $2,544 $2,000 $3,500 9
504B $2,500 $1,500 $3,500 2
504C $2,534 $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 $2,665 $1,950 $3,500 10
588A $2,299 $1,500 $3,600 15
588C $2,808 $1,850 $3,700 19
589A $2,417 $1,700 $3,000 3
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 $2,618 $2,000 $4,000 11
502A $2,814 $2,000 $3,800 14
503A $3,270 $2,250 $4,100 5
504A $2,853 $1,900 $3,800 20
506A $3,118 $2,100 $4,500 14
507D $2,723 $2,200 $3,750 11
588B $3,009 $2,000 $4,000 11

There were a total of 7 rental transactions in the last 3 years for units in block 589A Montreal Drive. The latest recorded one was in Mar 2023.

117
Date Rental Flat Type Location Town
Mar 2023 $3,000 4 Room Blk 589A Montreal Drive 4 Room Sembawang
Nov 2022 $3,000 5 Room Blk 589A Montreal Drive 5 Room Sembawang
Oct 2022 $2,400 4 Room Blk 589A Montreal Drive 4 Room Sembawang
Sep 2022 $1,700 4 Room Blk 589A Montreal Drive 4 Room Sembawang
May 2022 $2,550 5 Room Blk 589A Montreal Drive 5 Room Sembawang
May 2022 $1,700 5 Room Blk 589A Montreal Drive 5 Room Sembawang
Jan 2022 $2,300 4 Room Blk 589A Montreal Drive 4 Room Sembawang
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589A Montreal Drive

Block : 589A
Street : Montreal Drive
Building : Montreal Spring
Postal code : 751589
Town : Sembawang
Recorded transactions floor area : 85 sqm, 86 sqm, 110 sqm
Recorded transactions flat types : 4 Room, 5 Room
Recorded transactions flat models : Improved, Model A2
Lease commencement : 2002
Year completed : 2001
Max. Floor : 14
Residential? : Y
Commercial? : N
Market or hawker centre? : N
Multi-storey carpark? : N
Precinct or pavilion? : N
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