Block 588B Montreal Dr
588B Montreal Dr, Singapore 752588
Block 588B Montreal Dr is an HDB block in Sembawang, completed in 2000, with 96 dwelling units. Across 58 resales on record, Executive flats have recently resold around S$735k (S$546 psf, 125 sqm). The lease has approximately 76 years remaining.
What are the key facts about Block 588B Montreal Dr?
Block 588B Montreal Dr is an HDB block in Sembawang, completed in 2000, with 96 dwelling units.
- Town
- Sembawang
- Planning area
- Sembawang
- Completed
- 2000
- Storeys
- 14
- Total units
- 96
- Flat model
- Apartment
- Market segment
- OCR
- Median resale
- S$735k
- Last transacted
- Aug 2025
- Remaining lease
- ≈ 76 years
What are resale prices at Block 588B Montreal Dr?
Executive flats have recently resold around S$735k (S$546 psf), from 58 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| Executive | 58 | S$735,000recent | 125 sqm | S$546 psf |
Live now: 3 flats listed for sale at this block (median asking S$765k) and 4 for rent — search all listings.
“Recent” medians use the latest transactions; for older blocks the all-time median spans 30+ years and understates today’s price. Source: HDB resale caveats, through Aug 2025.
What rent and yield does Block 588B Montreal Dr get?
Flats at Block 588B Montreal Dr have recently sublet for a median of S$3,700/mo, an indicative gross rental yield of about 6.0% (from 24 recent rental contracts).
Median rent
S$3,700/mo
24 recent contracts
Gross rental yield
6.0%
indicative, gross
Annual rent
S$44,400
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| Executive | 24 | S$3,700/mo |
HDB subletting requires the flat owner to have met the 5-year Minimum Occupation Period (MOP), so the rental sample per block is small — treat the yield as indicative. Latest contract Dec 2025. Source: HDB rental (subletting) data.
What has recently sold at Block 588B Montreal Dr?
Block 588B Montreal Dr has 58 recorded resales; the most recent transacted at S$805,000 in Aug 2025 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Aug 2025 | Executive | 07 TO 09 | 125 sqm | S$805,000 |
| Aug 2025 | Executive | 07 TO 09 | 125 sqm | S$783,000 |
| Aug 2025 | Executive | 10 TO 12 | 125 sqm | S$750,000 |
| Jul 2025 | Executive | 04 TO 06 | 125 sqm | S$710,000 |
| Apr 2025 | Executive | 07 TO 09 | 125 sqm | S$800,000 |
| Mar 2025 | Executive | 04 TO 06 | 125 sqm | S$735,000 |
| Sept 2024 | Executive | 10 TO 12 | 125 sqm | S$830,000 |
| Sept 2022 | Executive | 10 TO 12 | 125 sqm | S$735,000 |
| Feb 2022 | Executive | 10 TO 12 | 125 sqm | S$608,888 |
| Sept 2021 | Executive | 07 TO 09 | 125 sqm | S$598,000 |
| Jul 2021 | Executive | 04 TO 06 | 125 sqm | S$575,000 |
| May 2021 | Executive | 10 TO 12 | 125 sqm | S$580,000 |
What flat types are in Block 588B Montreal Dr?
Block 588B Montreal Dr has 96 units, mostly Executive flats of the Apartment model.
Unit stock by flat type, from the HDB property information dataset.
Where is Block 588B Montreal Dr?
Block 588B Montreal Dr is an HDB block in Sembawang.
Block 588B Montreal Dr is an HDB block located along Montreal Dr. The block is recorded as completed around 2000, with up to 14 storeys. It has an estimated 96 residential units based on the HDB property information dataset. Flat types in the block include executive units.
The address is Block 588B Montreal Dr, Singapore 752588. It is part of District 27, Yishun / Sembawang, the Sembawang planning area. The block falls within the North Region and the OCR market segment.
The nearest rail connection is Sembawang MRT, approximately 586m away, around 9 minutes on foot. Nearby amenities include Sun Plaza for shopping, NTUC Fairprice Co-operative Ltd for groceries, Bukit Canberra Hawker Centre for food options, Bukit Canberra for greenery and recreation, Sembawang Polyclinic for polyclinic services, and Sembawang Community Club for community facilities.
How far is Block 588B Montreal Dr from MRT and schools?
The nearest MRT/LRT to Block 588B Montreal Dr is Sembawang MRT, about 586 m away (~9 min walk). 3 schools are within 1 km, including 3 primary schools.
Getting around
- Sembawang MRT586 m · ~9 min
- Canberra MRT963 m · ~15 min
Schools nearby
Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Wellington Primary SchoolPrimary schoolwithin 1 km · P1 priority355 m
- Sembawang Primary SchoolPrimary schoolwithin 1 km · P1 priority754 m
- Endeavour Primary SchoolPrimary schoolwithin 1 km · P1 priority945 m
- Canberra Primary SchoolPrimary school1.0 km
- Sembawang Secondary SchoolSecondary school1.1 km
- Canberra Secondary SchoolSecondary school1.3 km
- Northoaks Primary SchoolPrimary school1.4 km
- Ahmad Ibrahim Secondary SchoolSecondary school1.7 km
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at Block 588B Montreal Dr?
Buying a flat at Block 588B Montreal Dr (~S$735k) needs about S$5,859/mo in income and S$2,760/mo in repayments, after S$16,650 stamp duty and a S$184k downpayment.
Illustrative, for a buyer at the recent median resale price (S$735k) — 25% downpayment (bank-loan basis), 25-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →
Buyer's Stamp Duty
S$16,650
BSD, tiered
Downpayment (25%)
S$184k
cash + CPF
Monthly instalment
S$2,760/mo
25y @ 3.5%
Income required
S$5,859/mo
MSR/TDSR @ stress rate
First-time HDB buyers pay no Additional Buyer’s Stamp Duty (ABSD) and may qualify for CPF Housing Grants of up to S$80,000+, which lower the cash required — these are not included above. An HDB concessionary loan also allows a smaller downpayment.
Wondering whether it will hold its value? See do HDB flats actually make money? →
Eyeing Block 588B Montreal Dr? Ask what it's worth.
Recent transacted prices, what's nearby, and whether an asking price is fair.
PropKakiRecent sales at Block 588B Montreal Dr land close to the town median — fair value, no big premium.
Frequently asked questions about Block 588B Montreal Dr
How much does a Executive flat at Block 588B Montreal Dr cost?⌄
Executive flats at Block 588B Montreal Dr have recently resold for a median of about S$735k (S$546 psf), from 58 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
Is Block 588B Montreal Dr worth buying given its remaining lease?⌄
Block 588B Montreal Dr has about 76 years left on its 99-year lease (completed 2000). That's a long runway, so CPF usage and bank financing are generally unrestricted. The figure is taken from the most recent transacted flat.
What is the rental yield at Block 588B Montreal Dr?⌄
Gross rental yield at Block 588B Montreal Dr is about 6.0%, based on a median subletting rent of about S$3,700/mo against a resale price of about S$735k. HDB subletting requires the owner to have met the 5-year MOP, so the per-block sample is small — treat this as indicative.
How much do I need to earn to buy a flat at Block 588B Montreal Dr?⌄
For a flat at about S$735k on a 25-year HDB-style loan, you'd need roughly S$5,859/mo in household income, with repayments around S$2,760/mo after a S$184k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.
What is the nearest MRT to Block 588B Montreal Dr?⌄
The nearest MRT/LRT station to Block 588B Montreal Dr is Sembawang MRT, about 586 m away (~9 min walk).
Which primary schools are within 1 km of Block 588B Montreal Dr?⌄
Wellington Primary School, Sembawang Primary School, Endeavour Primary School are within 1 km of Block 588B Montreal Dr — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.