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588 Woodlands Dr 16

HDB Block · in Woodlands, Singapore · 99-year lease · Completed 1999

Data through 1 July 2026

Intro: 588 Woodlands Dr 16 is an HDB block located along Woodlands Drive 16 within Woodlands with a 99-year lease commencing in 1999. It was completed in 1999 with 90 units in total. So far it has been transacted a total of 86 times.

HDBWoodlands
On this pageProject detailsNearby MRT & schoolsPrices & transactionsFAQs
Annual Returns
Avg annualized profit (past 1y)
4.9%

588 Woodlands Dr 16 project details

Street
Woodlands Drive 16
Postal Code
730588
Unit Types
4 Room
Completion
1999
Total Units
90
Unit Size
968 - 979 sqft
Lease Remaining
72 yrs

MRT and LRT stations near 588 Woodlands Dr 16

  • Woodlands South31 m · MRTTE3
See details on nearby stations

Primary schools near 588 Woodlands Dr 16

  • Innova Primary School473 m
  • Woodgrove Primary School769 m
  • Woodlands Ring Primary School858 m
See details on nearby schools

588 Woodlands Dr 16 price, PSF and transaction trends

01-09-2004
First Transacted
01-07-2026
Last Transacted
86
Total Transactions

588 Woodlands Dr 16 transaction volume

588 Woodlands Dr 16 transaction volume012342019 · Resale: 120192020 · Resale: 420202021 · Resale: 320212022 · Resale: 320222023 · Resale: 220232024 · Resale: 320242025 · Resale: 320252026 · Resale: 22026
New SaleSub SaleResale

Among the latest 12 recorded sales for 588 Woodlands Dr 16, the median price was S$517,500 and the median PSF was S$529 psf. The newest record shown is from 1 July 2026. The annual project median was 60.8% higher in 2026 than in 2019; unit mix can affect year-to-year comparisons.

Recent 588 Woodlands Dr 16 transactions

DateFlat type / storeyPricePSFSize
1 July 20264 Room · 07 To 09S$558,000S$570 psf979 sqft
1 January 20264 Room · 10 To 12S$600,000S$613 psf979 sqft
1 November 20254 Room · 04 To 06S$550,000S$562 psf979 sqft
1 August 20254 Room · 01 To 03S$545,000S$557 psf979 sqft
1 March 20254 Room · 07 To 09S$565,000S$577 psf979 sqft

588 Woodlands Dr 16 median transaction PSF (S$)

588 Woodlands Dr 16 median transaction PSF (S$)01503004506002019 · Median PSF: 36820192020 · Median PSF: 40220202021 · Median PSF: 44420212022 · Median PSF: 48020222023 · Median PSF: 49420232024 · Median PSF: 52120242025 · Median PSF: 56220252026 · Median PSF: 5912026

588 Woodlands Dr 16 annual price trend

YearMedian priceMedian PSFRecorded sales
2026S$579,000S$591 psf2
2025S$550,000S$562 psf3
2024S$510,000S$521 psf3
2023S$483,444S$494 psf2
2022S$470,000S$480 psf3
2021S$435,000S$444 psf3
2020S$394,000S$402 psf4
2019S$360,000S$368 psf1
70.0%
% Profitable
56
Profitable
23
Unprofitable

588 Woodlands Dr 16 annualized profit %

588 Woodlands Dr 16 annualized profit %0.0%2.5%5.0%7.5%10.0%2019 · Average Annualized Profit: 1.8%20192020 · Average Annualized Profit: 3.1%20202021 · Average Annualized Profit: 9.9%20212022 · Average Annualized Profit: 0.9%20222023 · Average Annualized Profit: 5.0%20232024 · Average Annualized Profit: 4.0%20242025 · Average Annualized Profit: 6.3%20252026 · Average Annualized Profit: 3.0%2026
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Frequently asked questions about 588 Woodlands Dr 16

How much do units at 588 Woodlands Dr 16 cost?

The latest 12 recorded sales show a median price of S$517,500 and a median of S$529 psf. Actual prices vary by floor, size, facing, condition and sale date.

Is 588 Woodlands Dr 16 freehold or leasehold?

588 Woodlands Dr 16 has a tenure of 99-year lease.

When was 588 Woodlands Dr 16 completed?

588 Woodlands Dr 16 was completed in 1999 and the project has 90 units.

Which MRT or LRT station is nearest to 588 Woodlands Dr 16?

Woodlands South is the nearest station shown, at an estimated straight-line distance of 31 metres.

Which primary schools are near 588 Woodlands Dr 16?

The primary schools shown within the page’s one-kilometre search are Innova Primary School (473 m), Woodgrove Primary School (769 m), and Woodlands Ring Primary School (858 m). Distances are estimates and do not determine school-admission eligibility.

Data sources and methodology

Resale transaction records are based on HDB resale transaction data published on data.gov.sg. REALSMART calculates block-level medians, chart groupings, profitability indicators and straight-line distances. Data on this page runs through 1 July 2026. Figures are indicative and do not constitute financial advice.

Nearby properties within 1km

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