Blk 588B Montreal Dr is an HDB block in Sembawang (completed in 2000, 14 storeys, 96 units). As of Jul 2026, its median resale price over the last 24 months is $783,000, about 26% above the Sembawang median, from 7 sales. 58 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Sembawang |
|---|---|
| Completed | 2000 |
| Lease from | 2002 |
| Storeys | 14 |
| Dwelling units | 96 |
| Unit mix (sold) | exec ×96 |
| Recorded resales | 58 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| Executive | $783,000 | $6,264/m² | 7 |
Median monthly rent at this block: $3,500/mo (3 rental contracts, last 12 months).
Estimated gross rental yield: ~5.4% (Sembawang average: ~6.2%) — annual median rent over median resale price, before taxes, fees and vacancy.
On price per square metre, this block is cheaper than 31% of Sembawang blocks with recent sales.
For a typical executive flat here, our price model estimates $740,086–$827,893 (central estimate $783,990). Recent sales — median $766,500 — sit within that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.
| Year | Median (nominal) | Median (today's $) | Sales |
|---|---|---|---|
| 2007 | $366,500 | $543,135 | 2 |
| 2008 | $417,500 | $580,214 | 4 |
| 2009 | $445,000 | $614,816 | 4 |
| 2010 | $501,000 | $673,143 | 5 |
| 2011 | $525,000 | $670,193 | 6 |
| 2012 | $583,500 | $712,244 | 4 |
| 2013 | $590,000 | $703,547 | 1 |
| 2014 | $501,500 | $591,895 | 4 |
| 2015 | $459,000 | $544,581 | 4 |
| 2016 | $518,000 | $617,851 | 3 |
| 2017 | $500,000 | $592,961 | 3 |
| 2018 | $519,000 | $612,807 | 2 |
| 2019 | $485,000 | $569,430 | 1 |
| 2020 | $523,500 | $615,692 | 2 |
| 2021 | $577,500 | $663,828 | 4 |
| 2022 | $671,944 | $727,769 | 2 |
| 2024 | $830,000 | $837,495 | 1 |
| 2025 | $766,500 | $766,500 | 6 |
| Record sale | $830,000 (Executive, 2024-09) |
|---|---|
| First recorded sale | $333,000 (2007-07) |
| Busiest year | 2011 · 6 sales |
| 10-year change (real) | +41% (+3.5%/yr, 2015→2025) |
| Total transacted | $31.4M across 58 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2025-08 | Executive | 07 TO 09 | 125 | $805,000 |
| 2025-08 | Executive | 10 TO 12 | 125 | $750,000 |
| 2025-08 | Executive | 07 TO 09 | 125 | $783,000 |
| 2025-07 | Executive | 04 TO 06 | 125 | $710,000 |
| 2025-04 | Executive | 07 TO 09 | 125 | $800,000 |
| 2025-03 | Executive | 04 TO 06 | 125 | $735,000 |
| 2024-09 | Executive | 10 TO 12 | 125 | $830,000 |
| 2022-09 | Executive | 10 TO 12 | 125 | $735,000 |
| 2022-02 | Executive | 10 TO 12 | 125 | $608,888 |
| 2021-09 | Executive | 07 TO 09 | 125 | $598,000 |
| 2021-07 | Executive | 04 TO 06 | 125 | $575,000 |
| 2021-05 | Executive | 10 TO 12 | 125 | $580,000 |
| 2021-03 | Executive | 01 TO 03 | 125 | $568,000 |
| 2020-11 | Executive | 10 TO 12 | 125 | $525,000 |
| 2020-01 | Executive | 10 TO 12 | 125 | $522,000 |
| 2019-09 | Executive | 07 TO 09 | 125 | $485,000 |
| 2018-03 | Executive | 07 TO 09 | 125 | $518,000 |
| 2018-02 | Executive | 10 TO 12 | 125 | $520,000 |
| 2017-06 | Executive | 04 TO 06 | 125 | $505,000 |
| 2017-05 | Executive | 04 TO 06 | 125 | $500,000 |
| Block | Median (24 mo) | Median $/m² |
|---|---|---|
| 1. Blk 504A | $815,000 | $6,269/m² |
| 2. Blk 588B | $783,000 | $6,264/m² |
| 3. Blk 588A | $626,888 | $5,699/m² |
| 4. Blk 588C | $610,000 | $5,545/m² |
| 5. Blk 504B | $562,000 | $5,591/m² |
| 6. Blk 504D | $550,000 | $5,845/m² |
| 7. Blk 589C | $546,500 | $6,072/m² |
| 8. Blk 589A | $545,444 | $6,381/m² |
| 9. Blk 589D | $540,000 | $6,000/m² |
| 10. Blk 589B | $535,000 | $5,872/m² |
The median resale price over the last 24 months is $783,000 (7 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.
For a typical executive flat here, our price model estimates $740,086–$827,893 (central estimate $783,990). Recent sales — median $766,500 — sit within that range.
The median monthly rent is $3,500/mo over the last 12 months (3 contracts).
The block was completed in 2000 and its 99-year lease runs from 2002.