Block 589C Montreal Drive

4 Room · 5 Room · Built 2002 · 75 years remaining lease MOP Cleared
Latest Sale
$556,688
Mar 2026 · 4 ROOM · #10-12
Median $/sqm
$4,464
Based on 18 transactions
Total Transactions
18
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 75 years remaining 99 years
75 years 10 months
Remaining lease
↓ 0.28%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 75 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
Mar 2026 10 TO 12 4 ROOM 90 sqm $556,688 $6,185
Nov 2025 07 TO 09 4 ROOM 90 sqm $548,000 $6,089
Dec 2024 01 TO 03 4 ROOM 90 sqm $545,000 $6,056
Sep 2024 01 TO 03 4 ROOM 90 sqm $535,000 $5,944
May 2024 04 TO 06 5 ROOM 110 sqm $608,000 $5,527
Feb 2024 07 TO 09 5 ROOM 110 sqm $542,000 $4,927
Apr 2023 07 TO 09 5 ROOM 110 sqm $550,000 $5,000
Dec 2022 10 TO 12 4 ROOM 90 sqm $470,000 $5,222
Nov 2022 13 TO 15 5 ROOM 110 sqm $558,000 $5,073
Jul 2020 04 TO 06 4 ROOM 90 sqm $335,000 $3,722
Jan 2020 04 TO 06 5 ROOM 110 sqm $388,000 $3,527
May 2018 01 TO 03 4 ROOM 90 sqm $295,000 $3,278
May 2018 10 TO 12 5 ROOM 110 sqm $405,000 $3,682
Apr 2018 10 TO 12 5 ROOM 110 sqm $423,000 $3,845
Mar 2018 04 TO 06 4 ROOM 90 sqm $328,000 $3,644
Sep 2017 10 TO 12 4 ROOM 90 sqm $358,000 $3,978
Jun 2017 10 TO 12 4 ROOM 90 sqm $336,000 $3,733
Mar 2017 10 TO 12 4 ROOM 90 sqm $360,000 $4,000
Showing 18 of 18 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 589C Montreal Drive

Block 589C at Montreal Drive is a residential HDB block in Sembawang, Singapore, built in 2002 with approximately 75 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $295,000 to $608,000 based on 18 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 10 TO 12 sold for $556,688 in 2026-03. The current median price per square metre is $4,464. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9264, 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 589C Montreal Drive worth?

The most recent resale transaction at Block 589C Montreal Drive was $556,688 for a 4 room flat in 2026-03. The median price per square metre across all flat types is $4,464, based on 18 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 589C Montreal Drive?

Block 589C Montreal Drive was built in 2002 and has approximately 75 years and 10 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 589C Montreal Drive?

Block 589C Montreal Drive in Sembawang contains 4 room, 5 room flats. Resale prices range from $295,000 to $608,000 based on historical transaction records from data.gov.sg.

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