HDB Resale & Rent — Singapore

Blk 538 Woodlands Dr 16 — HDB resale prices

Blk 538 Woodlands Dr 16 is an HDB block in Woodlands (completed in 1998, 11 storeys, 100 units). As of Jul 2026, its median resale price over the last 24 months is $624,000, from 8 sales. 82 resale transactions have been recorded here since 1990.

Explore this block on the interactive map →

Price history at a glance

$237K$474K$711K20052010201520202025nominalreal (today's $)

Block facts

TownWoodlands
Completed1998
Lease from2000
Storeys11
Dwelling units100
Unit mix (sold)4-room ×40 · 5-room ×60
Recorded resales82 since 1990

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

Flat typeMedian priceMedian $/m²Sales
4-Room$564,000$5,640/m²4
5-Room$671,944$5,576/m²4

Median monthly rent at this block: $3,050/mo (4 rental contracts, last 12 months).

Estimated gross rental yield: ~5.9% (Woodlands average: ~5.9%) — annual median rent over median resale price, before taxes, fees and vacancy.

On price per square metre, this block is cheaper than 54% of Woodlands blocks with recent sales.

What the price model says

For a typical 5-room flat here, our price model estimates $668,745–$748,087 (central estimate $708,416). Recent sales — median $662,980 — sit below 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
2004$262,000$402,18713
2005$244,500$373,5569
2006$227,000$343,5013
2007$224,500$332,6986
2008$308,000$428,0383
2009$311,000$429,6803
2010$327,000$439,3574
2011$401,500$512,5382
2012$449,000$548,0676
2013$412,000$491,2913
2014$390,000$460,2973
2015$420,000$498,3105
2016$434,000$517,6592
2017$395,000$468,4392
2018$332,888$393,0561
2019$408,000$479,0263
2020$407,000$478,6761
2021$500,000$574,7431
2022$505,500$547,4972
2023$587,000$606,4551
2024$664,444$670,4442
2025$588,000$588,0005
2026$605,000$605,0002

Records

Record sale$688,000 (5-Room, 2025-01)
First recorded sale$223,000 (2004-01)
Busiest year2004 · 13 sales
10-year change (real)+17% (+1.6%/yr, 2016→2026)
Total transacted$30.3M across 82 sales

Recent resale transactions

MonthFlat typeStoreyArea (m²)Price
2026-035-Room04 TO 06121$660,000
2026-014-Room01 TO 03101$550,000
2025-054-Room01 TO 03100$578,000
2025-044-Room10 TO 12101$588,000
2025-044-Room04 TO 06100$550,000
2025-045-Room07 TO 09120$675,000
2025-015-Room10 TO 12115$688,000
2024-095-Room10 TO 12121$668,888
2024-065-Room10 TO 12120$660,000
2023-065-Room10 TO 12120$587,000
2022-075-Room07 TO 09115$561,000
2022-024-Room07 TO 09100$450,000
2021-125-Room04 TO 06115$500,000
2020-035-Room01 TO 03115$407,000
2019-104-Room04 TO 06101$325,000
2019-075-Room01 TO 03120$408,000
2019-045-Room10 TO 12121$435,000
2018-124-Room04 TO 06101$332,888
2017-064-Room01 TO 03100$345,000
2017-015-Room10 TO 12115$445,000

Woodlands Dr 16 blocks ranked by price

BlockMedian (24 mo)Median $/m²
1. Blk 583$780,000$5,954/m²
2. Blk 581$770,000$5,878/m²
3. Blk 587$762,500$5,822/m²
4. Blk 589$717,944$5,936/m²
5. Blk 540$695,000$5,960/m²
6. Blk 543$660,000$5,822/m²
7. Blk 545$650,000$5,652/m²
8. Blk 586$645,000$5,811/m²
9. Blk 574A$643,888$7,225/m²
10. Blk 578$643,000$5,845/m²
11. Blk 547$642,500$5,661/m²
12. Blk 573B$639,000$7,188/m²
13. Blk 537$637,000$5,609/m²
14. Blk 539$630,000$5,331/m²
15. Blk 585$628,000$5,658/m²

Showing the top 15 of 31 blocks.

More blocks on Woodlands Dr 16

Blk 537 Blk 539 Blk 540 Blk 541 Blk 542 Blk 543 Blk 544 Blk 545 Blk 546 Blk 547 Blk 573A Blk 573B · All of Woodlands

Quick answers

How much does a flat at Blk 538 Woodlands Dr 16 cost?

The median resale price over the last 24 months is $624,000 (8 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.

Is Blk 538 Woodlands Dr 16 fairly priced?

For a typical 5-room flat here, our price model estimates $668,745–$748,087 (central estimate $708,416). Recent sales — median $662,980 — sit below that range.

What is the rent at Blk 538 Woodlands Dr 16?

The median monthly rent is $3,050/mo over the last 12 months (4 contracts).

How old is Blk 538 Woodlands Dr 16?

The block was completed in 1998 and its 99-year lease runs from 2000.