Block 583 Woodlands Drive 16
Block 583 Woodlands Drive 16 has 19 recorded HDB resale transactions since 2017. Latest sale: $793,000 (Nov 2024, executive, floors 07–09). Median $4,008/sqm. Built 2001, 75 years lease remaining.
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 |
|---|---|---|---|
| Executive | $3,550 typically $3,500–$3,750 | 5.5% | 6 rentals here |
This block is inside the 1 km Primary 1 priority zone for 4 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 583 Woodlands Drive 16 in Woodlands, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Nov 2024 | 07 TO 09 | EXECUTIVE | 131 sqm | $793,000 | $6,053 |
| Oct 2024 | 04 TO 06 | EXECUTIVE | 131 sqm | $760,000 | $5,802 |
| Aug 2024 | 07 TO 09 | EXECUTIVE | 131 sqm | $780,000 | $5,954 |
| May 2024 | 07 TO 09 | EXECUTIVE | 131 sqm | $755,000 | $5,763 |
| Apr 2024 | 01 TO 03 | EXECUTIVE | 131 sqm | $685,000 | $5,229 |
| Aug 2023 | 01 TO 03 | EXECUTIVE | 131 sqm | $670,000 | $5,115 |
| Jul 2023 | 10 TO 12 | EXECUTIVE | 131 sqm | $725,000 | $5,534 |
| Apr 2022 | 10 TO 12 | EXECUTIVE | 131 sqm | $680,000 | $5,191 |
| Oct 2021 | 10 TO 12 | EXECUTIVE | 131 sqm | $603,000 | $4,603 |
| Oct 2020 | 04 TO 06 | EXECUTIVE | 131 sqm | $525,000 | $4,008 |
| Aug 2020 | 10 TO 12 | EXECUTIVE | 131 sqm | $518,000 | $3,954 |
| Jul 2020 | 04 TO 06 | EXECUTIVE | 131 sqm | $520,888 | $3,976 |
| Feb 2020 | 04 TO 06 | EXECUTIVE | 131 sqm | $510,000 | $3,893 |
| Jan 2020 | 07 TO 09 | EXECUTIVE | 131 sqm | $500,000 | $3,817 |
| Dec 2019 | 04 TO 06 | EXECUTIVE | 131 sqm | $485,000 | $3,702 |
| Aug 2019 | 10 TO 12 | EXECUTIVE | 131 sqm | $510,000 | $3,893 |
| Dec 2018 | 07 TO 09 | EXECUTIVE | 131 sqm | $520,000 | $3,969 |
| Jun 2018 | 04 TO 06 | EXECUTIVE | 131 sqm | $488,000 | $3,725 |
| Sep 2017 | 01 TO 03 | EXECUTIVE | 131 sqm | $485,000 | $3,702 |
About Block 583 Woodlands Drive 16
Block 583 Woodlands Drive 16 is a mature HDB block in Woodlands, built in 2001 with about 75 years remaining on its 99-year lease. Its median runs about 12% above the Woodlands median, ahead of around 70% of the town's blocks. It has a relatively light resale record, with 19 transactions since 2017 across executive flats priced from $485,000 to $793,000. The most recent transaction was an executive flat on storeys 07 TO 09 at $793,000 in Nov 2024, and the median works out to $4,008/sqm. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.9257, 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 583 Woodlands Drive 16 worth?
The most recent resale transaction at Block 583 Woodlands Drive 16 was $793,000 for a executive flat in 2024-11. The median price per square metre across all flat types is $4,008, based on 19 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 583 Woodlands Drive 16?
Block 583 Woodlands Drive 16 was built in 2001 and has approximately 75 years and 7 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 583 Woodlands Drive 16?
Block 583 Woodlands Drive 16 in Woodlands contains executive flats. Resale prices range from $485,000 to $793,000 based on historical transaction records from data.gov.sg.