589 Woodlands Drive 16 730589, Woodlands South, North Region, Singapore
$688,888
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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: L3008022J
Automated Valuation based on 462 HDB resale transactions (data.gov.sg) · 38 outliers removed (IQR)
Fair Value
S$634,643
S$531 psf
Asking Price
S$688,888
S$576 psf
vs Market
+8.5%
vs Last Done
+2.5%
Tenure
72 yrs
99-year Leasehold · Balance remaining
Confidence
High
462 comps
Nearest MRT
Woodlands
1407m away
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
462 comparable transactions
S$516
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$531
Recent Comparable Transactions
10 shown · 462 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneFeb 2026 | Blk 589 WOODLANDS DR 16 Floor 07 TO 09 | 1,195sqft | S$670,888 | ▲S$562 +5.8% vs FV | 99yr from 2001 |
Feb 2026 | Blk 589 WOODLANDS DR 16 Floor 07 TO 09 | 1,195sqft | S$670,888 | ▲S$562 +5.8% vs FV | 99yr from 2001 |
Oct 2025 | Blk 589 WOODLANDS DR 16 Floor 04 TO 06 | 1,195sqft | S$630,000 | ▼S$527 -0.8% vs FV | 99yr from 2001 |
Sep 2025 | Blk 589 WOODLANDS DR 16 Floor 07 TO 09 | 1,195sqft | S$656,888 | ▲S$550 +3.6% vs FV | 99yr from 2001 |
Mar 2026 | Blk 722 WOODLANDS AVE 6 Floor 07 TO 09 | 1,302sqft | S$650,000 | ▼S$499 -6.0% vs FV | 99yr from 1997 |
Mar 2026 | Blk 506 WOODLANDS DR 14 Floor 04 TO 06 | 1,302sqft | S$665,000 | ▼S$511 -3.8% vs FV | 99yr from 1999 |
Mar 2026 | Blk 769 WOODLANDS DR 60 Floor 10 TO 12 | 1,292sqft | S$588,000 | ▼S$455 -14.3% vs FV | 99yr from 1997 |
Mar 2026 | Blk 689B WOODLANDS DR 75 Floor 01 TO 03 | 1,184sqft | S$585,000 | ▼S$494 -7.0% vs FV | 99yr from 2004 |
Feb 2026 | Blk 137 MARSILING RD Floor 04 TO 06 | 1,302sqft | S$555,000 | ▼S$426 -19.8% vs FV | 99yr from 1985 |
Feb 2026 | Blk 572B WOODLANDS AVE 1 Floor 04 TO 06 | 1,206sqft | S$710,000 | ▲S$589 +10.9% vs FV | 99yr from 2013 |
Feb 2026 | Blk 354 WOODLANDS AVE 1 Floor 10 TO 12 | 1,302sqft | S$780,000 | ▲S$599 +12.8% vs FV | 99yr from 1996 |
Blk 589 WOODLANDS DR 16
Feb 2026 · Floor 07 TO 09
+5.8% vs FV
Blk 589 WOODLANDS DR 16
Feb 2026 · Floor 07 TO 09
+5.8% vs FV
Blk 589 WOODLANDS DR 16
Oct 2025 · Floor 04 TO 06
-0.8% vs FV
Blk 589 WOODLANDS DR 16
Sep 2025 · Floor 07 TO 09
+3.6% vs FV
Blk 722 WOODLANDS AVE 6
Mar 2026 · Floor 07 TO 09
-6.0% vs FV
Blk 506 WOODLANDS DR 14
Mar 2026 · Floor 04 TO 06
-3.8% vs FV
Blk 769 WOODLANDS DR 60
Mar 2026 · Floor 10 TO 12
-14.3% vs FV
Blk 689B WOODLANDS DR 75
Mar 2026 · Floor 01 TO 03
-7.0% vs FV
Blk 137 MARSILING RD
Feb 2026 · Floor 04 TO 06
-19.8% vs FV
Blk 572B WOODLANDS AVE 1
Feb 2026 · Floor 04 TO 06
+10.9% vs FV
Blk 354 WOODLANDS AVE 1
Feb 2026 · Floor 10 TO 12
+12.8% vs FV
HELIOS AI Analysis
<p>The valuation of the HDB 5-room unit in Woodlands, with a remaining lease of 72 years, stands at an estimated value of $634,643, translating to a price per square foot (PSF) of $531. This valuation reflects a premium above the current market baseline, demonstrating an 8.5% differential that indicates strong demand and desirability for properties in this region. Such a notable market signal suggests that buyers are willing to invest above the average market rate, driven by various factors including location, amenities, and the overall growth trajectory of the Woodlands estate.</p> <p>With a model confidence rating classified as high, this valuation is supported by a robust analysis of 462 recent HDB resale transactions in the vicinity. The sustained interest in the Woodlands area, characterized by its strategic connectivity and evolving infrastructure, reinforces the premium valuation of this property. As the landscape of Singapore's real estate continues to evolve, properties with substantial remaining leases, such as this HDB unit, will likely maintain their appeal, particularly among families seeking long-term residential options in a thriving community.</p>
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.