Block 588A Montreal Drive

5 Room · Built 2002 · 76 years remaining lease MOP Cleared
Latest Sale
$630,888
Jan 2026 · 5 ROOM · #10-12
Median $/sqm
$4,886
Based on 14 transactions
Total Transactions
14
Since Jan 2017
5-Year Trend
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Insufficient data
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
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Future Value Projection
Estimated value in --
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Based on Bala's Table (SLA leasehold valuation model) with 3% annual market appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Not financial advice.
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Lease Decay Projection
0 years 76 years remaining 99 years
76 years
Remaining lease
↓ 0.28%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 76 years remaining, decay is gradual (~0.28%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
Date Floor Type Area Price $/sqm
Jan 2026 10 TO 12 5 ROOM 110 sqm $630,888 $5,735
Dec 2025 10 TO 12 5 ROOM 110 sqm $608,888 $5,535
Jul 2025 04 TO 06 5 ROOM 110 sqm $640,000 $5,818
May 2025 04 TO 06 5 ROOM 110 sqm $605,000 $5,500
Aug 2024 07 TO 09 5 ROOM 110 sqm $622,888 $5,663
Apr 2024 04 TO 06 5 ROOM 110 sqm $540,000 $4,909
Nov 2022 10 TO 12 5 ROOM 110 sqm $565,000 $5,136
Oct 2022 04 TO 06 5 ROOM 110 sqm $535,000 $4,864
Dec 2018 07 TO 09 5 ROOM 110 sqm $390,000 $3,545
Sep 2018 04 TO 06 5 ROOM 110 sqm $350,000 $3,182
Aug 2018 13 TO 15 5 ROOM 110 sqm $428,000 $3,891
Feb 2018 04 TO 06 5 ROOM 110 sqm $360,000 $3,273
Nov 2017 04 TO 06 5 ROOM 110 sqm $368,000 $3,345
Mar 2017 10 TO 12 5 ROOM 110 sqm $448,000 $4,073
Showing 14 of 14 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 588A Montreal Drive

Block 588A at Montreal Drive is a residential HDB block in Sembawang, Singapore, built in 2002 with approximately 76 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $350,000 to $640,000 based on 14 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 10 TO 12 sold for $630,888 in 2026-01. The current median price per square metre is $4,886. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9268, with an annual lease decay rate of approximately 0.28%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 588A Montreal Drive worth?

The most recent resale transaction at Block 588A Montreal Drive was $630,888 for a 5 room flat in 2026-01. The median price per square metre across all flat types is $4,886, based on 14 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 588A Montreal Drive?

Block 588A Montreal Drive was built in 2002 and has approximately 76 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.28%, meaning the leasehold value decreases by approximately 0.28% per year at the current remaining lease.

What flat types are available at Block 588A Montreal Drive?

Block 588A Montreal Drive in Sembawang contains 5 room flats. Resale prices range from $350,000 to $640,000 based on historical transaction records from data.gov.sg.

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