Blk 589B Montreal Drive
About 589B Montreal Dr
589B Montreal Drive comprises 4 room and 5 room HDB blocks and is located in Sembawang. It was completed in year 2001 and the lease commenced in 2002. The remaining lease period with HDB is therefore approximately 84 years 07 months.
The highest floor for this block is 14. The unit floor size are 85, 86 and 110sqm, based on past transactions data. The latest resale transaction was in Oct 2024 and the highest transacted price was recorded in Jun 2024 for a 5 room unit at $595,000.
In terms of accessibility to schools, there are several primary schools located within 1km of block 589B, including Wellington Primary School and Sembawang Primary School.
Block 589B 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 7 bus stops easily accessible from this block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 4 room | $463,000 | $498,968 | $535,000 | 7 |
| 5 room | $595,000 | $595,000 | $595,000 | 1 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 4 room | $1,600 | $2,650 | $3,350 | 8 |
| 5 room | $3,200 | $3,200 | $3,200 | 1 |
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 4 room and 5 room units at 589B Montreal Drive.
- 4 room sales : Stable or no visible trend
- 5 room sales : Stable or no visible trend
- 4 room price : Trending up
- 5 room price : Stable or no visible 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 589B has been highlighted in the table(s) below for easy comparison with other blocks with similar flat types.
Resale transaction details and prices
There were a total of 8 resale transactions in the last 3 years for units in block 589B Montreal Drive, with the latest one recorded in Oct 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Oct 2024 | $535,000 | $6,294 | 4 Room | Blk 589B Montreal Drive 4 Room / 85 sqm | 13 to 15 | 85 sqm | Model A2 | 2002 |
| Sep 2024 | $505,000 | $5,872 | 4 Room | Blk 589B Montreal Drive 4 Room / 86 sqm | 01 to 03 | 86 sqm | Model A2 | 2002 |
| Jun 2024 | $595,000 | $5,409 | 5 Room | Blk 589B Montreal Drive 5 Room / 110 sqm | 07 to 09 | 110 sqm | Improved | 2002 |
| May 2024 | $505,888 | $5,882 | 4 Room | Blk 589B Montreal Drive 4 Room / 86 sqm | 07 to 09 | 86 sqm | Model A2 | 2002 |
| Nov 2023 | $500,000 | $5,882 | 4 Room | Blk 589B Montreal Drive 4 Room / 85 sqm | 13 to 15 | 85 sqm | Model A2 | 2002 |
| Jul 2023 | $480,000 | $5,647 | 4 Room | Blk 589B Montreal Drive 4 Room / 85 sqm | 13 to 15 | 85 sqm | Model A2 | 2002 |
| Nov 2022 | $463,000 | $5,447 | 4 Room | Blk 589B Montreal Drive 4 Room / 85 sqm | 10 to 12 | 85 sqm | Model A2 | 2002 |
| Oct 2022 | $503,888 | $5,928 | 4 Room | Blk 589B Montreal Drive 4 Room / 85 sqm | 13 to 15 | 85 sqm | Model A2 | 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 4 room and 5 room units at 589B Montreal Drive.
- 4 room rental : Trending down
- 5 room rental : Stable trend
- 4 room rental price : Trending up
- 5 room rental price : Stable 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 589B has been highlighted in the table(s) below for easy comparison with the other blocks in the same estate.
Rental transaction details and prices
There were a total of 9 rental transactions in the last 3 years for units in block 589B Montreal Drive. The latest recorded one was in Jan 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Jan 2024 | $2,800 | 4 Room | Blk 589B Montreal Drive 4 Room | Sembawang |
| Dec 2023 | $2,500 | 4 Room | Blk 589B Montreal Drive 4 Room | Sembawang |
| Oct 2023 | $2,900 | 4 Room | Blk 589B Montreal Drive 4 Room | Sembawang |
| Aug 2023 | $3,200 | 5 Room | Blk 589B Montreal Drive 5 Room | Sembawang |
| Apr 2023 | $1,600 | 4 Room | Blk 589B Montreal Drive 4 Room | Sembawang |
| Mar 2023 | $3,350 | 4 Room | Blk 589B Montreal Drive 4 Room | Sembawang |
| Mar 2023 | $3,000 | 4 Room | Blk 589B Montreal Drive 4 Room | Sembawang |
| Oct 2022 | $2,300 | 4 Room | Blk 589B Montreal Drive 4 Room | Sembawang |
| Apr 2022 | $2,750 | 4 Room | Blk 589B Montreal Drive 4 Room | Sembawang |
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Property information for 589B Montreal Drive
| Block | : | 589B |
| Street | : | Montreal Drive |
| Building | : | Montreal Spring |
| Postal code | : | 752589 |
| 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 |
