Block 588A Montreal Drive
Block 588A Montreal Drive has 15 recorded HDB resale transactions since 2017. Latest sale: $630,888 (Apr 2026, 5 room, floors 07–09). Median $4,909/sqm. Built 2002, 75 years lease remaining.
How this block compares
- 5 Room$630,888−2.9%vs town(−$19k)−14.7%vs national(−$109k)
Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.
What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.
| Flat type | Median rent /mo | Gross yield | Based on |
|---|---|---|---|
| 5-Room | $3,300 typically $3,250–$3,300 | 6.3% | 7 rentals here |
This block is inside the 1 km Primary 1 priority zone for 2 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.
- This home
- School within 1 km
- School 1–2 km
- 1km ring, top priority
- 2km ring, next tier
Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.
Other HDB blocks closest to Block 588A Montreal Drive in Sembawang, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Apr 2026 | 07 TO 09 | 5 ROOM | 110 sqm | $630,888 | $5,735 |
| 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 |
About Block 588A Montreal Drive
Block 588A Montreal Drive is a mature HDB block in Sembawang, built in 2002 with about 75 years remaining on its 99-year lease. Its median runs about 13% above the Sembawang median, ahead of around 74% of the town's blocks. It has a relatively light resale record, with 15 transactions since 2017 across 5 room flats priced from $350,000 to $640,000. The most recent transaction was a 5 room flat on storeys 07 TO 09 at $630,888 in Apr 2026, and the median works out to $4,909/sqm. Higher floors carry a premium, with the 10 TO 12 band trading roughly 10% above the 04 TO 06 band. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.9262, an annual lease decay of about 0.28%. All transaction data is sourced from data.gov.sg and 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 2026-04. The median price per square metre across all flat types is $4,909, based on 15 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 75 years and 9 months 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.