587 Woodlands Drive 16 730587, Woodlands South, North Region, Singapore
$800,888
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…


License: L3002382K
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Automated Valuation based on 10 HDB resale transactions (data.gov.sg)
Fair Value
S$817,666
S$580 psf
Asking Price
S$800,888
S$568 psf
vs Market
-2.1%
vs Last Done
-2.9%
Tenure
72 yrs
99-year Leasehold · Balance remaining
Confidence
Medium
10 comps
Nearest MRT
Woodlands
1363m away
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
10 comparable transactions
S$564
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.029
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$580
Recent Comparable Transactions
10 shown · 10 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneNov 2025 | Blk 587 WOODLANDS DR 16 Floor 10 TO 12 | 1,410sqft | S$825,000 | ▲S$585 +0.9% vs FV | 99yr from 2001 |
Nov 2025 | Blk 587 WOODLANDS DR 16 Floor 10 TO 12 | 1,410sqft | S$825,000 | ▲S$585 +0.9% vs FV | 99yr from 2001 |
Nov 2025 | Blk 587 WOODLANDS DR 16 Floor 10 TO 12 | 1,410sqft | S$825,000 | ▲S$585 +0.9% vs FV | 99yr from 2001 |
Mar 2025 | Blk 587 WOODLANDS DR 16 Floor 07 TO 09 | 1,410sqft | S$805,000 | ▼S$571 -1.6% vs FV | 99yr from 2001 |
Mar 2025 | Blk 587 WOODLANDS DR 16 Floor 07 TO 09 | 1,410sqft | S$820,000 | ▲S$582 +0.3% vs FV | 99yr from 2001 |
Mar 2025 | Blk 587 WOODLANDS DR 16 Floor 07 TO 09 | 1,410sqft | S$805,000 | ▼S$571 -1.6% vs FV | 99yr from 2001 |
Mar 2025 | Blk 587 WOODLANDS DR 16 Floor 07 TO 09 | 1,410sqft | S$820,000 | ▲S$582 +0.3% vs FV | 99yr from 2001 |
Dec 2024 | Blk 587 WOODLANDS DR 16 Floor 07 TO 09 | 1,410sqft | S$755,000 | ▼S$535 -7.8% vs FV | 99yr from 2001 |
Dec 2024 | Blk 587 WOODLANDS DR 16 Floor 01 TO 03 | 1,410sqft | S$770,000 | ▼S$546 -5.9% vs FV | 99yr from 2001 |
Dec 2024 | Blk 587 WOODLANDS DR 16 Floor 07 TO 09 | 1,410sqft | S$755,000 | ▼S$535 -7.8% vs FV | 99yr from 2001 |
Dec 2024 | Blk 587 WOODLANDS DR 16 Floor 01 TO 03 | 1,410sqft | S$770,000 | ▼S$546 -5.9% vs FV | 99yr from 2001 |
Blk 587 WOODLANDS DR 16
Nov 2025 · Floor 10 TO 12
+0.9% vs FV
Blk 587 WOODLANDS DR 16
Nov 2025 · Floor 10 TO 12
+0.9% vs FV
Blk 587 WOODLANDS DR 16
Nov 2025 · Floor 10 TO 12
+0.9% vs FV
Blk 587 WOODLANDS DR 16
Mar 2025 · Floor 07 TO 09
-1.6% vs FV
Blk 587 WOODLANDS DR 16
Mar 2025 · Floor 07 TO 09
+0.3% vs FV
Blk 587 WOODLANDS DR 16
Mar 2025 · Floor 07 TO 09
-1.6% vs FV
Blk 587 WOODLANDS DR 16
Mar 2025 · Floor 07 TO 09
+0.3% vs FV
Blk 587 WOODLANDS DR 16
Dec 2024 · Floor 07 TO 09
-7.8% vs FV
Blk 587 WOODLANDS DR 16
Dec 2024 · Floor 01 TO 03
-5.9% vs FV
Blk 587 WOODLANDS DR 16
Dec 2024 · Floor 07 TO 09
-7.8% vs FV
Blk 587 WOODLANDS DR 16
Dec 2024 · Floor 01 TO 03
-5.9% vs FV
HELIOS AI Analysis
The HDB Executive unit located in Woodlands presents a compelling valuation at an estimated price of $817,666, translating to a price per square foot (PSF) of $580. With a remaining lease of 72 years, this property offers potential buyers a substantial tenure that is appealing in the context of Singapore's urban landscape. The valuation reflects a 2.1% variance from the baseline market price, suggesting a stable yet competitive environment for HDB transactions in this region.
Analyzing the recent market dynamics, the model confidence remains at a medium level, based on data derived from 10 recent HDB resale transactions within proximity. This data indicates a resilience in property values amidst fluctuating market conditions, particularly in the Woodlands area, which has seen consistent demand due to its strategic location and development prospects. The overall performance of this asset is indicative of the broader HDB market trends, highlighting the significance of lease duration and neighborhood dynamics in influencing property valuations.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.