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Block 589C Montreal Drive

4 Room · 5 Room · Built 2002 · 75 years remaining lease · Updated Mar 2026 MOP Cleared

Block 589C Montreal Drive has 18 recorded HDB resale transactions since 2017. Latest sale: $556,688 (Mar 2026, 4 room, floors 10–12). Median $4,464/sqm. Built 2002, 75 years lease remaining.

How this block compares

  • 4 Room$552,344
    −8.3%vs town(−$50k)−12.3%vs national(−$78k)

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.

Latest Sale
$556,688
Mar 2026 · 4 ROOM · Floor 10-12
Median $/sqm
$4,464
Based on 18 transactions
Total Transactions
18
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 70%
#173 / 247 Top 70%
Latest Sale ?
Top 71%
#176 / 247 Top 71%
Value ($/sqm) ?
Top 54%
#133 / 247 Top 54%
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
--
How we estimate this →
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.28%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
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.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Sembawang average.

Flat type Median rent /mo Gross yield Based on
4-Room $3,100 typically $2,900–$3,300 6.1% Sembawang avg · block too thin
5-Room $3,300 typically $3,000–$3,500 6% Sembawang avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 3 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
3 schools in the 1 km top-priority zone
  • 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.

Nearby comparable homes

Other HDB blocks closest to Block 589C Montreal Drive in Sembawang, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Sembawang
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
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 Montreal Drive is a mature HDB block in Sembawang, built in 2002 with about 75 years remaining on its 99-year lease. Its median sits about 7% below the Sembawang median, cheaper than about 70% of the town's blocks. It has a relatively light resale record, with 18 transactions since 2017 across 4 room, 5 room flats priced from $295,000 to $608,000. The most recent transaction was a 4 room flat on storeys 10 TO 12 at $556,688 in Mar 2026, and the median works out to $4,464/sqm. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.9264, equivalent to roughly 0.28% of lease-value decay a year. All transaction data is sourced from data.gov.sg and 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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