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Block 538 Woodlands Drive 16

4 Room · 5 Room · Built 2000 · 73 years remaining lease · Updated Mar 2026 MOP Cleared

Block 538 Woodlands Drive 16 has 20 recorded HDB resale transactions since 2017. Latest sale: $660,000 (Mar 2026, 5 room, floors 04–06). Median $4,885/sqm. Prices up 35% over the past five years. Built 2000, 73 years lease remaining.

Latest Sale
$660,000
Mar 2026 · 5 ROOM · Floor 04-06
Median $/sqm
$4,885
Based on 20 transactions
Total Transactions
20
Since Jan 2017
5-Year Trend
▲ +35%
Median price change
Median Price ?
Top 25%
#171 / 689 Top 25%
Latest Sale ?
Top 30%
#209 / 689 Top 30%
Value ($/sqm) ?
Top 19%
#133 / 689 Top 19%
5-Year Growth ?
Top 52%
#260 / 504 Top 52%
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
+6.2%/yr
vs
Lease Decay
−0.31%/yr
Growth assumption
Based on this block’s +35% growth over 5 years
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 73 years remaining 99 years
73 years 4 months
Remaining lease
↓ 0.31%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 73 years remaining, decay is gradual (~0.31%/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 Woodlands average.

Flat type Median rent /mo Gross yield Based on
4-Room $3,100 typically $2,900–$3,250 6.7% Woodlands avg · block too thin
5-Room $3,300 typically $3,050–$3,500 6% Woodlands 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 5 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
5 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 538 Woodlands Drive 16 in Woodlands, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Woodlands
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 04 TO 06 5 ROOM 121 sqm $660,000 $5,455
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 20 of 20 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 538 Woodlands Drive 16

Resale prices at Block 538 Woodlands Drive 16 in Woodlands have risen sharply, up about 35% over the past five years. Its median runs about 17% above the Woodlands median, ahead of around 76% of the town's blocks. It has a regular flow of resale activity, with 20 transactions since 2017 across 4 room, 5 room flats priced from $325,000 to $688,000. The most recent transaction was a 5 room flat on storeys 04 TO 06 at $660,000 in Mar 2026, and the median works out to $4,885/sqm. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.9198, equivalent to roughly 0.31% 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 538 Woodlands Drive 16 worth?

The most recent resale transaction at Block 538 Woodlands Drive 16 was $660,000 for a 5 room flat in 2026-03. The median price per square metre across all flat types is $4,885, based on 20 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 4 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.31%, meaning the leasehold value decreases by approximately 0.31% 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 35% over the past five years. The current median price is $550,000, with the most recent sale at $660,000 in 2026-03.

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