Blk 588 Woodlands Dr 16 is an HDB block in Woodlands (completed in 1999, 12 storeys, 90 units). As of Jul 2026, its median resale price over the last 24 months is $547,500, about 13% below the Woodlands median, from 6 sales. 85 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Woodlands |
|---|---|
| Completed | 1999 |
| Lease from | 2001 |
| Storeys | 12 |
| Dwelling units | 90 |
| Unit mix (sold) | 4-room ×90 |
| Recorded resales | 85 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 4-Room | $547,500 | $6,016/m² | 6 |
Median monthly rent at this block: $3,575/mo (2 rental contracts, last 12 months).
Estimated gross rental yield: ~7.8% (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 21% of Woodlands blocks with recent sales.
For a typical 4-room flat here, our price model estimates $500,445–$559,820 (central estimate $530,133). Recent sales — median $527,460 — 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 |
|---|---|---|---|
| 2004 | $235,000 | $360,741 | 3 |
| 2005 | $213,000 | $325,429 | 10 |
| 2006 | $217,000 | $328,369 | 7 |
| 2007 | $225,000 | $333,439 | 7 |
| 2008 | $249,000 | $346,044 | 2 |
| 2009 | $273,500 | $377,870 | 4 |
| 2010 | $312,750 | $420,211 | 6 |
| 2011 | $368,000 | $469,773 | 3 |
| 2012 | $390,000 | $476,050 | 5 |
| 2013 | $386,000 | $460,287 | 2 |
| 2014 | $383,000 | $452,035 | 5 |
| 2015 | $365,000 | $433,055 | 3 |
| 2016 | $365,000 | $435,359 | 3 |
| 2017 | $351,500 | $416,852 | 4 |
| 2018 | $363,888 | $429,659 | 1 |
| 2019 | $360,000 | $422,670 | 1 |
| 2020 | $394,000 | $463,387 | 4 |
| 2021 | $435,000 | $500,026 | 3 |
| 2022 | $470,000 | $509,048 | 3 |
| 2023 | $483,444 | $499,467 | 2 |
| 2024 | $510,000 | $514,605 | 3 |
| 2025 | $550,000 | $550,000 | 3 |
| 2026 | $600,000 | $600,000 | 1 |
| Record sale | $600,000 (4-Room, 2026-01) |
|---|---|
| First recorded sale | $235,000 (2004-09) |
| Busiest year | 2005 · 10 sales |
| 10-year change (real) | +38% (+3.3%/yr, 2016→2026) |
| Total transacted | $28.6M across 85 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2026-01 | 4-Room | 10 TO 12 | 91 | $600,000 |
| 2025-11 | 4-Room | 04 TO 06 | 91 | $550,000 |
| 2025-08 | 4-Room | 01 TO 03 | 91 | $545,000 |
| 2025-03 | 4-Room | 07 TO 09 | 91 | $565,000 |
| 2024-11 | 4-Room | 07 TO 09 | 91 | $525,000 |
| 2024-08 | 4-Room | 07 TO 09 | 91 | $510,000 |
| 2024-03 | 4-Room | 04 TO 06 | 91 | $505,000 |
| 2023-03 | 4-Room | 10 TO 12 | 91 | $496,888 |
| 2023-01 | 4-Room | 01 TO 03 | 91 | $470,000 |
| 2022-05 | 4-Room | 10 TO 12 | 91 | $487,000 |
| 2022-04 | 4-Room | 04 TO 06 | 91 | $445,000 |
| 2022-04 | 4-Room | 04 TO 06 | 91 | $470,000 |
| 2021-11 | 4-Room | 04 TO 06 | 91 | $473,000 |
| 2021-07 | 4-Room | 07 TO 09 | 91 | $435,000 |
| 2021-06 | 4-Room | 04 TO 06 | 91 | $420,000 |
| 2020-07 | 4-Room | 10 TO 12 | 91 | $415,000 |
| 2020-03 | 4-Room | 07 TO 09 | 91 | $377,000 |
| 2020-03 | 4-Room | 10 TO 12 | 91 | $405,000 |
| 2020-01 | 4-Room | 10 TO 12 | 91 | $383,000 |
| 2019-07 | 4-Room | 01 TO 03 | 91 | $360,000 |
| Block | Median (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.
The median resale price over the last 24 months is $547,500 (6 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.
For a typical 4-room flat here, our price model estimates $500,445–$559,820 (central estimate $530,133). Recent sales — median $527,460 — sit within that range.
The median monthly rent is $3,575/mo over the last 12 months (2 contracts).
The block was completed in 1999 and its 99-year lease runs from 2001.