HDB Resale & Rent — Singapore

Blk 589B Montreal Dr — HDB resale prices

Blk 589B Montreal Dr is an HDB block in Sembawang (completed in 2001, 14 storeys, 104 units). As of Jul 2026, its median resale price over the last 24 months is $535,000, about 14% below the Sembawang median, from 5 sales. 86 resale transactions have been recorded here since 1990.

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Price history at a glance

$217K$435K$652K2010201520202025nominalreal (today's $)

Block facts

TownSembawang
Completed2001
Lease from2002
Storeys14
Dwelling units104
Unit mix (sold)4-room ×74 · 5-room ×30
Recorded resales86 since 1990

Prices by flat type — last 24 months (as of Jul 2026)

Flat typeMedian priceMedian $/m²Sales
4-Room$515,000$6,059/m²3
5-Room$625,500$5,686/m²2

Median monthly rent at this block: $3,000/mo (5 rental contracts, last 12 months).

Estimated gross rental yield: ~6.7% (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 51% of Sembawang blocks with recent sales.

What the price model says

For a typical 4-room flat here, our price model estimates $460,454–$515,084 (central estimate $487,769). Recent sales — median $509,560 — sit within that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.

Median resale price by year

YearMedian (nominal)Median (today's $)Sales
2006$224,000$338,9619
2007$245,000$363,07815
2008$345,750$480,5004
2009$310,500$428,9892
2010$351,000$471,6044
2011$401,500$512,5386
2012$460,000$561,4941
2013$450,000$536,6043
2014$400,000$472,0993
2015$352,944$418,7514
2016$348,888$416,1415
2017$392,000$464,8812
2018$348,000$410,9004
2019$318,000$373,3585
2020$404,000$475,1482
2021$419,000$481,6346
2022$483,444$523,6092
2023$490,000$506,2402
2024$520,444$525,1444
2025$615,000$615,0003

Records

Record sale$636,000 (5-Room, 2025-10)
First recorded sale$224,000 (2006-06)
Busiest year2007 · 15 sales
10-year change (real)+47% (+3.9%/yr, 2015→2025)
Total transacted$31.0M across 86 sales

Recent resale transactions

MonthFlat typeStoreyArea (m²)Price
2025-105-Room10 TO 12110$636,000
2025-065-Room04 TO 06110$615,000
2025-014-Room04 TO 0685$515,000
2024-104-Room13 TO 1585$535,000
2024-094-Room01 TO 0386$505,000
2024-065-Room07 TO 09110$595,000
2024-054-Room07 TO 0986$505,888
2023-114-Room13 TO 1585$500,000
2023-074-Room13 TO 1585$480,000
2022-114-Room10 TO 1285$463,000
2022-104-Room13 TO 1585$503,888
2021-124-Room07 TO 0985$430,000
2021-104-Room13 TO 1585$410,000
2021-094-Room04 TO 0685$410,000
2021-075-Room13 TO 15110$525,000
2021-024-Room04 TO 0685$335,000
2021-025-Room13 TO 15110$428,000
2020-075-Room13 TO 15110$412,000
2020-065-Room07 TO 09110$396,000
2019-114-Room10 TO 1286$342,000

Montreal Dr blocks ranked by price

BlockMedian (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

More blocks on Montreal Dr

Blk 504A Blk 504B Blk 504D Blk 588A Blk 588B Blk 588C Blk 589A Blk 589C Blk 589D · All of Sembawang

Quick answers

How much does a flat at Blk 589B Montreal Dr cost?

The median resale price over the last 24 months is $535,000 (5 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.

Is Blk 589B Montreal Dr fairly priced?

For a typical 4-room flat here, our price model estimates $460,454–$515,084 (central estimate $487,769). Recent sales — median $509,560 — sit within that range.

What is the rent at Blk 589B Montreal Dr?

The median monthly rent is $3,000/mo over the last 12 months (5 contracts).

How old is Blk 589B Montreal Dr?

The block was completed in 2001 and its 99-year lease runs from 2002.