Block 588 Woodlands Drive 16
Block 588 Woodlands Drive 16 has 25 recorded HDB resale transactions since 2017. Latest sale: $600,000 (Jan 2026, 4 room, floors 10–12). Median $4,890/sqm. Prices up 28.2% over the past five years. Built 2001, 74 years lease remaining.
How this block compares
- 4 Room$550,000−0.9%vs town(−$5k)−12.7%vs national(−$80k)
Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.
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 |
This block is inside the 1 km Primary 1 priority zone for 3 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 588 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 |
|---|---|---|---|---|---|
| Jan 2026 | 10 TO 12 | 4 ROOM | 91 sqm | $600,000 | $6,593 |
| Nov 2025 | 04 TO 06 | 4 ROOM | 91 sqm | $550,000 | $6,044 |
| Aug 2025 | 01 TO 03 | 4 ROOM | 91 sqm | $545,000 | $5,989 |
| Mar 2025 | 07 TO 09 | 4 ROOM | 91 sqm | $565,000 | $6,209 |
| Nov 2024 | 07 TO 09 | 4 ROOM | 91 sqm | $525,000 | $5,769 |
| Aug 2024 | 07 TO 09 | 4 ROOM | 91 sqm | $510,000 | $5,604 |
| Mar 2024 | 04 TO 06 | 4 ROOM | 91 sqm | $505,000 | $5,549 |
| Mar 2023 | 10 TO 12 | 4 ROOM | 91 sqm | $496,888 | $5,460 |
| Jan 2023 | 01 TO 03 | 4 ROOM | 91 sqm | $470,000 | $5,165 |
| May 2022 | 10 TO 12 | 4 ROOM | 91 sqm | $487,000 | $5,352 |
| Apr 2022 | 04 TO 06 | 4 ROOM | 91 sqm | $445,000 | $4,890 |
| Apr 2022 | 04 TO 06 | 4 ROOM | 91 sqm | $470,000 | $5,165 |
| Nov 2021 | 04 TO 06 | 4 ROOM | 91 sqm | $473,000 | $5,198 |
| Jul 2021 | 07 TO 09 | 4 ROOM | 91 sqm | $435,000 | $4,780 |
| Jun 2021 | 04 TO 06 | 4 ROOM | 91 sqm | $420,000 | $4,615 |
| Jul 2020 | 10 TO 12 | 4 ROOM | 91 sqm | $415,000 | $4,560 |
| Mar 2020 | 07 TO 09 | 4 ROOM | 91 sqm | $377,000 | $4,143 |
| Mar 2020 | 10 TO 12 | 4 ROOM | 91 sqm | $405,000 | $4,451 |
| Jan 2020 | 10 TO 12 | 4 ROOM | 91 sqm | $383,000 | $4,209 |
| Jul 2019 | 01 TO 03 | 4 ROOM | 91 sqm | $360,000 | $3,956 |
About Block 588 Woodlands Drive 16
Block 588 Woodlands Drive 16 in Woodlands has been a strong performer, with resale prices up roughly 28.2% over five years. Its $445,000 median tracks close to the Woodlands town median. It has a regular flow of resale activity, with 25 transactions since 2017 across 4 room flats priced from $345,000 to $600,000. The most recent transaction was a 4 room flat on storeys 10 TO 12 at $600,000 in Jan 2026, and the median works out to $4,890/sqm. Higher floors carry a premium, with the 10 TO 12 band trading roughly 15% above the 01 TO 03 band. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.9225, an annual lease decay of about 0.29%. All transaction data is sourced from data.gov.sg and updated monthly.
Frequently Asked Questions
How much is an HDB flat at Block 588 Woodlands Drive 16 worth?
The most recent resale transaction at Block 588 Woodlands Drive 16 was $600,000 for a 4 room flat in 2026-01. The median price per square metre across all flat types is $4,890, based on 25 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 588 Woodlands Drive 16?
Block 588 Woodlands Drive 16 was built in 2001 and has approximately 74 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 0.29%, meaning the leasehold value decreases by approximately 0.29% per year at the current remaining lease.
What flat types are available at Block 588 Woodlands Drive 16?
Block 588 Woodlands Drive 16 in Woodlands contains 4 room flats. Resale prices range from $345,000 to $600,000 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 588 Woodlands Drive 16 gone up or down?
Resale prices at Block 588 Woodlands Drive 16 have increased by approximately 28.2% over the past five years. The current median price is $445,000, with the most recent sale at $600,000 in 2026-01.