589b Montreal Drive 752589, Admiralty, North Region, Singapore
$750 /month
The listing is for a Common Room available for rent in 589B Montreal Drive, a stunning HDB Flat in Singapore. Key features ★ Well-kept unit condition ★ Well-maintained and renovated condition ★ Semi furnished unit ★ Squarish layout ★ Bright and airy ★ Corner unit ★ Convenient location ★ Close to MRT Searching for a property in Singapore? Look no further than this stunning HDB for Rent in Sembawang. Located in Sembawang HDB Estate, this development is part of District 27. Completed in 2001, Montreal Spring is a 99 year leasehold HDB Development with a total of 104 units. It has a total of 14 floors and is one of 12 HDB Blocks on Montreal Drive. If you are looking for a property in the Sembawang, this is might be the perfect unit for you! Nearby amenities ⭑ Nearby MRTs • 2 MRTs within 1 km ⭑ Nearby Bus stops • Opposite Blk 589D (131 m) - 2 mins walk • After Yishun Avenue 2 (160 m) - 3 mins walk • Blk 589D (164 m) - 3 mins walk • 7 more walking distance bus stops within 500 m ⭑ Nearby Grocery Stores • 10 grocery stores within 1 km ⭑ Nearby Schools • MOE Kindergarten @ Wellington (398 m) - 6 mins walk • Wellington Primary School (432 m) - 6 mins walk • Glory Joy Child Development Centre (521 m) - 5 mins drive • 5 more schools within 1 km ⭑ Nearby Parks • Montreal Green (62 m) - 1 mins walk • Butterfly Garden (245 m) - 4 mins walk • Pebble Garden (451 m) - 7 mins walk • 6 more parks within 1 km Please call Alan Chia from 99.co @ +658201XXXX to arrange for a viewing.
The following locations are within radius of this property, with distance shown in kilometers.
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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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Estimated sale value based on 3 HDB resale transactions (data.gov.sg) · 1 outliers removed (IQR)
Fair Value
S$130,011
S$813 psf
Asking Price
S$750
S$5 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
74 yrs
99-year Leasehold · Balance remaining
Confidence
Low
3 comps
Nearest MRT
Sembawang
612m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
3 comparable transactions
S$759
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.050
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$813
Recent Comparable Transactions
3 shown · 3 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJan 2026 | Blk 438 YISHUN AVE 11 Floor 07 TO 09 | 431sqft | S$330,000 | ▼S$766 -5.8% vs FV | 99yr from 2000 |
Jan 2026 | Blk 438 YISHUN AVE 11 Floor 07 TO 09 | 431sqft | S$330,000 | ▼S$766 -5.8% vs FV | 99yr from 2000 |
Jan 2026 | Blk 438 YISHUN AVE 11 Floor 04 TO 06 | 431sqft | S$332,000 | ▼S$771 -5.2% vs FV | 99yr from 2000 |
Oct 2025 | Blk 438 YISHUN AVE 11 Floor 04 TO 06 | 431sqft | S$318,000 | ▼S$739 -9.1% vs FV | 99yr from 2000 |
Blk 438 YISHUN AVE 11
Jan 2026 · Floor 07 TO 09
-5.8% vs FV
Blk 438 YISHUN AVE 11
Jan 2026 · Floor 07 TO 09
-5.8% vs FV
Blk 438 YISHUN AVE 11
Jan 2026 · Floor 04 TO 06
-5.2% vs FV
Blk 438 YISHUN AVE 11
Oct 2025 · Floor 04 TO 06
-9.1% vs FV
HELIOS AI Analysis
The valuation of the HDB 2 Room unit in Yishun, with a remaining lease of 74 years, stands at an estimated value of $130,011, translating to a price per square foot (PSF) of $813. This valuation is indicative of a stable market environment, as the market price reflects a 0% deviation from the baseline. Such stability suggests a balanced interaction between supply and demand in the Yishun region, further supported by three recent HDB resale transactions in the vicinity that serve as benchmarks for this assessment.
However, it is crucial to note that the model confidence for this valuation is classified as low, which may stem from various factors such as the unique characteristics of the property, the overall economic climate, and the shifting dynamics of the HDB market in Singapore. The remaining lease of 74 years is a significant consideration for potential buyers, as properties with shorter lease periods can experience depreciation in value as the lease term diminishes. As such, prospective buyers should approach this investment with a keen understanding of the implications of lease duration alongside current market trends.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.