Block 538 Woodlands Drive 16

4 Room · 5 Room · Built 2000 · 73 years remaining lease MOP Cleared
Latest Sale
$550,000
Jan 2026 · 4 ROOM · #01-03
Median $/sqm
$4,878
Based on 19 transactions
Total Transactions
19
Since Jan 2017
5-Year Trend
▲ +16.6%
Median price change
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 73 years remaining 99 years
73 years 6 months
Remaining lease
↓ 0.30%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 73 years remaining, decay is gradual (~0.30%/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 01 TO 03 4 ROOM 101 sqm $550,000 $5,446
May 2025 01 TO 03 4 ROOM 100 sqm $578,000 $5,780
Apr 2025 10 TO 12 4 ROOM 101 sqm $588,000 $5,822
Apr 2025 04 TO 06 4 ROOM 100 sqm $550,000 $5,500
Apr 2025 07 TO 09 5 ROOM 120 sqm $675,000 $5,625
Jan 2025 10 TO 12 5 ROOM 115 sqm $688,000 $5,983
Sep 2024 10 TO 12 5 ROOM 121 sqm $668,888 $5,528
Jun 2024 10 TO 12 5 ROOM 120 sqm $660,000 $5,500
Jun 2023 10 TO 12 5 ROOM 120 sqm $587,000 $4,892
Jul 2022 07 TO 09 5 ROOM 115 sqm $561,000 $4,878
Feb 2022 07 TO 09 4 ROOM 100 sqm $450,000 $4,500
Dec 2021 04 TO 06 5 ROOM 115 sqm $500,000 $4,348
Mar 2020 01 TO 03 5 ROOM 115 sqm $407,000 $3,539
Oct 2019 04 TO 06 4 ROOM 101 sqm $325,000 $3,218
Jul 2019 01 TO 03 5 ROOM 120 sqm $408,000 $3,400
Apr 2019 10 TO 12 5 ROOM 121 sqm $435,000 $3,595
Dec 2018 04 TO 06 4 ROOM 101 sqm $332,888 $3,296
Jun 2017 01 TO 03 4 ROOM 100 sqm $345,000 $3,450
Jan 2017 10 TO 12 5 ROOM 115 sqm $445,000 $3,870
Showing 19 of 19 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 538 Woodlands Drive 16

Block 538 at Woodlands Drive 16 is a residential HDB block in Woodlands, Singapore, built in 2000 with approximately 73 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $325,000 to $688,000 based on 19 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $550,000 in 2026-01. The current median price per square metre is $4,878. Over the past five years, resale prices at this block have increased by approximately 16.6%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9202, with an annual lease decay rate of approximately 0.30%. 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 538 Woodlands Drive 16 worth?

The most recent resale transaction at Block 538 Woodlands Drive 16 was $550,000 for a 4 room flat in 2026-01. The median price per square metre across all flat types is $4,878, based on 19 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 538 Woodlands Drive 16?

Block 538 Woodlands Drive 16 was built in 2000 and has approximately 73 years and 6 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.30%, meaning the leasehold value decreases by approximately 0.30% per year at the current remaining lease.

What flat types are available at Block 538 Woodlands Drive 16?

Block 538 Woodlands Drive 16 in Woodlands contains 4 room, 5 room flats. Resale prices range from $325,000 to $688,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 538 Woodlands Drive 16 gone up or down?

Resale prices at Block 538 Woodlands Drive 16 have increased by approximately 16.6% over the past five years. The current median price is $550,000, with the most recent sale at $550,000 in 2026-01.

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