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Blk 589D Montreal Drive — HDB resale prices

HDB resale prices, Sembawang · 4-Room · built 2001

$540,000

median resale price, last 24 months
5 sales in that window · as of Sep 2026

Dearer than 0% of the 10 priced blocks on Montreal Drivep0

How it compares

This block$540,000Montreal Drive median$597,972Sembawang median$600,000

Blk 589D Montreal Drive is an HDB block in Sembawang (completed in 2001, 14 storeys, 109 units). As of Sep 2026, its median resale price over the last 24 months is $540,000, about 10% below the Sembawang median, from 5 sales. 58 resale transactions have been recorded here since 1990.

Price by year

2006 · $232,5002006: $232,5002007 · $243,0002007: $243,0002008 · $295,5002008: $295,5002009 · $325,0002009: $325,0002010 · $384,0002010: $384,0002011 · $418,0002011: $418,0002012 · $479,5002012: $479,5002013 · $435,5002013: $435,5002014 · $365,0002014: $365,0002015 · $368,4002015: $368,4002017 · $322,5002017: $322,5002018 · $378,5002018: $378,5002019 · $428,8882019: $428,8882020 · $418,0002020: $418,0002021 · $466,5002021: $466,5002022 · $464,0002022: $464,0002023 · $496,0002023: $496,0002024 · $549,0002024: $549,0002025 · $540,0002025: $540,0002026 · $535,0002026: $535,00020062026

At a glance

2001built
2003lease from
14storeys
109dwelling units
$6,000/m²median $/m²
58resales since 1990

Unit mix (sold): 4-room ×76 · 5-room ×33

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

4-Room$540,000$6,000/m² · 5 sales

Median monthly rent at this block: $3,150/mo (7 rental contracts, last 12 months).

Estimated gross rental yield: ~7.0% (Sembawang average: ~6.4%) — annual median rent over median resale price, before taxes, fees and vacancy.

On price per square metre, this block is cheaper than 45% of Sembawang blocks with recent sales.

What the price model says

For a typical 4-room flat here, our price model estimates $502,129–$561,366 (central estimate $531,747). Recent sales — median $514,605 — 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$232,500$351,8248
2007$243,000$360,1145
2008$295,500$410,6664
2009$325,000$449,0233
2010$384,000$515,9422
2011$418,000$533,6014
2012$479,500$585,2976
2013$435,500$519,3132
2014$365,000$430,7911
2015$368,400$437,0892
2017$322,500$382,4602
2018$378,500$446,9122
2019$428,888$503,5501
2020$418,000$491,6131
2021$466,500$536,2354
2022$464,000$502,5492
2023$496,000$512,4392
2024$549,000$553,9572
2025$540,000$540,0003
2026$535,000$535,0002

Records

Record sale$588,000 (5-Room, 2024-02)
First recorded sale$230,000 (2006-02)
Busiest year2006 · 8 sales
Total transacted$22.4M across 58 sales

Recent resale transactions

MonthFlat typeStoreyAreaPrice
2026-094-Room07–0990 m²$560,000
2026-094-Room04–0690 m²$510,000
2025-114-Room07–0990 m²$557,000
2025-114-Room01–0390 m²$540,000
2025-014-Room07–0990 m²$530,000
2024-025-Room07–09110 m²$588,000
2024-024-Room10–1290 m²$510,000
2023-115-Room04–06110 m²$520,000
2023-054-Room10–1291 m²$472,000
2022-094-Room07–0990 m²$470,000
2022-064-Room10–1291 m²$458,000
2021-085-Room10–12110 m²$475,000
2021-065-Room07–09110 m²$458,000
2021-055-Room10–12110 m²$480,000
2021-014-Room13–1590 m²$380,000
2020-125-Room04–06110 m²$418,000
2019-115-Room13–15110 m²$428,888
2018-065-Room04–06110 m²$348,000
2018-055-Room13–15110 m²$409,000
2017-114-Room13–1590 m²$340,000

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Quick answers

How much does a flat at Blk 589D Montreal Drive cost?

The median resale price over the last 24 months is $540,000 (5 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.

Is Blk 589D Montreal Drive fairly priced?

For a typical 4-room flat here, our price model estimates $502,129–$561,366 (central estimate $531,747). Recent sales — median $514,605 — sit within that range.

What is the rent at Blk 589D Montreal Drive?

The median monthly rent is $3,150/mo over the last 12 months (7 contracts).

How old is Blk 589D Montreal Drive?

The block was completed in 2001 and its 99-year lease runs from 2003.

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