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 HDB 5 Room property located in Woodlands, boasting a remaining lease of 72 years, presents a compelling investment opportunity with an estimated value of $634,643, translating to a price per square foot (PSF) of $531. This valuation, positioned above the market baseline by 8.5%, underscores the property’s desirability and the robust demand in the Woodlands area. Such a premium reflects not only the enduring appeal of this suburban locale but also the strength of the underlying fundamentals driving home prices in Singapore’s public housing sector.</p> <p>With a high model confidence level derived from an analysis of 462 recent HDB resale transactions in the vicinity, this valuation is supported by comprehensive market data and trends. The sustained interest in Woodlands, characterized by its strategic location and accessibility, is a key driver of this property’s elevated valuation. As buyers increasingly seek homes with remaining leases that provide a balance between longevity and value, this HDB 5 Room unit stands out as a prime candidate for both owner-occupiers and investors alike, offering a blend of comfort and financial potential in a dynamic real estate market.</p>
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.