Block 585 Woodlands Drive 16

5 Room · Executive · Built 2001 · 74 years remaining lease MOP Cleared
Latest Sale
$645,000
Feb 2026 · 5 ROOM · #07-09
Median $/sqm
$4,716
Based on 28 transactions
Total Transactions
28
Since Jan 2017
5-Year Trend
▲ +35.8%
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 74 years remaining 99 years
74 years 9 months
Remaining lease
↓ 0.29%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 74 years remaining, decay is gradual (~0.29%/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
Feb 2026 07 TO 09 5 ROOM 111 sqm $645,000 $5,811
Jun 2025 04 TO 06 5 ROOM 111 sqm $628,000 $5,658
May 2025 01 TO 03 EXECUTIVE 131 sqm $760,000 $5,802
Oct 2024 07 TO 09 5 ROOM 111 sqm $608,000 $5,477
Jan 2024 04 TO 06 5 ROOM 111 sqm $550,000 $4,955
Jan 2024 10 TO 12 5 ROOM 111 sqm $598,000 $5,387
Sep 2023 07 TO 09 5 ROOM 111 sqm $550,000 $4,955
Aug 2023 04 TO 06 EXECUTIVE 131 sqm $685,000 $5,229
Feb 2023 10 TO 12 5 ROOM 111 sqm $570,000 $5,135
Jun 2022 04 TO 06 5 ROOM 111 sqm $533,800 $4,809
Jun 2022 01 TO 03 5 ROOM 111 sqm $550,000 $4,955
May 2022 07 TO 09 5 ROOM 111 sqm $545,000 $4,910
May 2022 07 TO 09 5 ROOM 111 sqm $570,000 $5,135
Mar 2022 07 TO 09 5 ROOM 111 sqm $532,000 $4,793
Mar 2022 04 TO 06 EXECUTIVE 131 sqm $600,000 $4,580
Jan 2022 01 TO 03 5 ROOM 111 sqm $515,000 $4,640
Jul 2021 04 TO 06 5 ROOM 111 sqm $480,000 $4,324
Apr 2021 04 TO 06 5 ROOM 111 sqm $470,000 $4,234
Dec 2020 07 TO 09 5 ROOM 111 sqm $448,000 $4,036
Mar 2020 07 TO 09 EXECUTIVE 131 sqm $500,000 $3,817
Showing 20 of 28 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 585 Woodlands Drive 16

Block 585 at Woodlands Drive 16 is a residential HDB block in Woodlands, Singapore, built in 2001 with approximately 74 years remaining on its 99-year lease. The block contains 5 room, executive flats, with resale prices ranging from $380,000 to $760,000 based on 28 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 07 TO 09 sold for $645,000 in 2026-02. The current median price per square metre is $4,716. Over the past five years, resale prices at this block have increased by approximately 35.8%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9236, with an annual lease decay rate of approximately 0.29%. 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 585 Woodlands Drive 16 worth?

The most recent resale transaction at Block 585 Woodlands Drive 16 was $645,000 for a 5 room flat in 2026-02. The median price per square metre across all flat types is $4,716, based on 28 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 585 Woodlands Drive 16?

Block 585 Woodlands Drive 16 was built in 2001 and has approximately 74 years and 9 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.29%, meaning the leasehold value decreases by approximately 0.29% per year at the current remaining lease.

What flat types are available at Block 585 Woodlands Drive 16?

Block 585 Woodlands Drive 16 in Woodlands contains 5 room, executive flats. Resale prices range from $380,000 to $760,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 585 Woodlands Drive 16 gone up or down?

Resale prices at Block 585 Woodlands Drive 16 have increased by approximately 35.8% over the past five years. The current median price is $536,900, with the most recent sale at $645,000 in 2026-02.

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