583 Woodlands Drive 16 730583, Woodlands South, North Region, Singapore
$799,000
Loading map...
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
Disclaimer: The information provided on Listings.sg is for general informational purposes only. While we strive to ensure the accuracy of property listings, they are subject to change. If you notice any inaccuracies, fraudulent activity, or issues with this listing, please report it to our support team.
Automated Valuation based on 3 HDB resale transactions (data.gov.sg)
Fair Value
S$804,295
S$570 psf
Asking Price
S$799,000
S$567 psf
vs Market
-0.7%
vs Last Done
+0.9%
Tenure
72 yrs
99-year Leasehold · Balance remaining
Confidence
Low
3 comps
Nearest MRT
Woodlands
1225m away
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
3 comparable transactions
S$555
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$570
Recent Comparable Transactions
3 shown · 3 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneNov 2024 | Blk 583 WOODLANDS DR 16 Floor 07 TO 09 | 1,410sqft | S$793,000 | ▼S$562 -1.4% vs FV | 99yr from 2001 |
Nov 2024 | Blk 583 WOODLANDS DR 16 Floor 07 TO 09 | 1,410sqft | S$793,000 | ▼S$562 -1.4% vs FV | 99yr from 2001 |
Nov 2024 | Blk 583 WOODLANDS DR 16 Floor 07 TO 09 | 1,410sqft | S$793,000 | ▼S$562 -1.4% vs FV | 99yr from 2001 |
Oct 2024 | Blk 583 WOODLANDS DR 16 Floor 04 TO 06 | 1,410sqft | S$760,000 | ▼S$539 -5.4% vs FV | 99yr from 2001 |
Blk 583 WOODLANDS DR 16
Nov 2024 · Floor 07 TO 09
-1.4% vs FV
Blk 583 WOODLANDS DR 16
Nov 2024 · Floor 07 TO 09
-1.4% vs FV
Blk 583 WOODLANDS DR 16
Nov 2024 · Floor 07 TO 09
-1.4% vs FV
Blk 583 WOODLANDS DR 16
Oct 2024 · Floor 04 TO 06
-5.4% vs FV
HELIOS AI Analysis
The HDB Executive unit located in Woodlands, with a remaining lease of 72 years, presents a nuanced case within Singapore's dynamic property landscape. Currently estimated at $804,295, translating to $570 PSF, this valuation is derived from an analysis of three recent resale transactions in the vicinity. The slight market signal indicating a 0.7% difference from the baseline suggests a stable demand in this segment, yet it also reflects the cautious sentiment among buyers, likely influenced by the extended lease period.
Despite the relatively low model confidence associated with this valuation, the property’s positioning within Woodlands offers significant potential for appreciation, particularly as infrastructural developments continue to enhance connectivity and amenities in the region. However, prospective buyers should weigh the implications of the remaining lease against their long-term investment strategies. The prevailing market dynamics highlight a competitive landscape, where understanding local trends and the unique characteristics of HDB properties becomes essential for informed decision-making.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.