Block 587 Woodlands Drive 16
Block 587 Woodlands Drive 16 has 49 recorded HDB resale transactions since 2017. Latest sale: $640,000 (Jun 2026, 5 room, floors 07–09). Median $4,234/sqm. Prices up 35.2% over the past five years. Built 2001, 74 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 |
|---|---|---|---|
| 5-Room | $3,200 typically $3,200–$3,300 | 6% | 6 rentals here |
| Executive | $3,600 typically $3,200–$3,850 | 4.7% | Woodlands avg · block too thin |
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 587 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 |
|---|---|---|---|---|---|
| Jun 2026 | 07 TO 09 | 5 ROOM | 111 sqm | $640,000 | $5,766 |
| Nov 2025 | 10 TO 12 | EXECUTIVE | 131 sqm | $825,000 | $6,298 |
| May 2025 | 07 TO 09 | 5 ROOM | 111 sqm | $620,000 | $5,586 |
| Apr 2025 | 07 TO 09 | 5 ROOM | 111 sqm | $630,000 | $5,676 |
| Mar 2025 | 07 TO 09 | EXECUTIVE | 131 sqm | $805,000 | $6,145 |
| Mar 2025 | 07 TO 09 | EXECUTIVE | 131 sqm | $820,000 | $6,260 |
| Dec 2024 | 07 TO 09 | EXECUTIVE | 131 sqm | $755,000 | $5,763 |
| Dec 2024 | 01 TO 03 | EXECUTIVE | 131 sqm | $770,000 | $5,878 |
| May 2024 | 07 TO 09 | 5 ROOM | 111 sqm | $600,000 | $5,405 |
| Mar 2024 | 10 TO 12 | 5 ROOM | 111 sqm | $605,888 | $5,458 |
| Feb 2024 | 04 TO 06 | 5 ROOM | 111 sqm | $580,000 | $5,225 |
| Feb 2024 | 07 TO 09 | EXECUTIVE | 131 sqm | $748,000 | $5,710 |
| Jan 2024 | 10 TO 12 | EXECUTIVE | 131 sqm | $750,000 | $5,725 |
| Dec 2023 | 04 TO 06 | 5 ROOM | 111 sqm | $573,000 | $5,162 |
| Jun 2023 | 07 TO 09 | 5 ROOM | 111 sqm | $568,888 | $5,125 |
| May 2023 | 07 TO 09 | 5 ROOM | 111 sqm | $570,000 | $5,135 |
| Mar 2023 | 10 TO 12 | 5 ROOM | 111 sqm | $570,000 | $5,135 |
| Feb 2023 | 04 TO 06 | EXECUTIVE | 131 sqm | $675,000 | $5,153 |
| Jan 2023 | 04 TO 06 | 5 ROOM | 111 sqm | $535,888 | $4,828 |
| Jan 2023 | 01 TO 03 | EXECUTIVE | 131 sqm | $640,000 | $4,885 |
About Block 587 Woodlands Drive 16
Resale prices at Block 587 Woodlands Drive 16 in Woodlands have risen sharply, up about 35.2% over the past five years. Its median runs about 11% above the Woodlands median, ahead of around 69% of the town's blocks. It has a regular flow of resale activity, with 49 transactions since 2017 across 5 room, executive flats priced from $378,000 to $825,000. The most recent transaction was a 5 room flat on storeys 07 TO 09 at $640,000 in Jun 2026, and the median works out to $4,234/sqm. Floor level matters here: units on the higher 10 TO 12 band have sold around 9% above those on the 01 TO 03 band. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.9218, equivalent to roughly 0.30% 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 587 Woodlands Drive 16 worth?
The most recent resale transaction at Block 587 Woodlands Drive 16 was $640,000 for a 5 room flat in 2026-06. The median price per square metre across all flat types is $4,234, based on 49 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 587 Woodlands Drive 16?
Block 587 Woodlands Drive 16 was built in 2001 and has approximately 74 years and 1 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 587 Woodlands Drive 16?
Block 587 Woodlands Drive 16 in Woodlands contains 5 room, executive flats. Resale prices range from $378,000 to $825,000 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 587 Woodlands Drive 16 gone up or down?
Resale prices at Block 587 Woodlands Drive 16 have increased by approximately 35.2% over the past five years. The current median price is $520,000, with the most recent sale at $640,000 in 2026-06.