Block 581 Woodlands Dr 16
581 Woodlands Dr 16, Singapore 730581
Block 581 Woodlands Dr 16 is an HDB block in Woodlands, completed in 1999, with 88 dwelling units. Across 47 resales on record, Executive flats have recently resold around S$560k (S$397 psf, 131 sqm). The lease has approximately 74 years remaining.
What are the key facts about Block 581 Woodlands Dr 16?
Block 581 Woodlands Dr 16 is an HDB block in Woodlands, completed in 1999, with 88 dwelling units.
- Town
- Woodlands
- Planning area
- Woodlands
- Completed
- 1999
- Storeys
- 12
- Total units
- 88
- Flat model
- Apartment
- Market segment
- OCR
- Median resale
- S$560k
- Last transacted
- Jan 2026
- Remaining lease
- ≈ 74 years
What are resale prices at Block 581 Woodlands Dr 16?
Executive flats have recently resold around S$560k (S$397 psf), from 47 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| Executive | 47 | S$560,000recent | 131 sqm | S$397 psf |
Live now: 6 flats listed for sale at this block (median asking S$873k) — 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 Jan 2026.
What rent and yield does Block 581 Woodlands Dr 16 get?
Flats at Block 581 Woodlands Dr 16 have recently sublet for a median of S$3,150/mo, an indicative gross rental yield of about 6.8% (from 15 recent rental contracts).
Median rent
S$3,150/mo
15 recent contracts
Gross rental yield
6.8%
indicative, gross
Annual rent
S$37,800
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| Executive | 15 | S$3,150/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 581 Woodlands Dr 16?
Block 581 Woodlands Dr 16 has 47 recorded resales; the most recent transacted at S$780,000 in Jan 2026 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Jan 2026 | Executive | 01 TO 03 | 131 sqm | S$780,000 |
| Apr 2025 | Executive | 01 TO 03 | 131 sqm | S$760,000 |
| Sept 2023 | Executive | 10 TO 12 | 131 sqm | S$720,000 |
| Aug 2023 | Executive | 04 TO 06 | 131 sqm | S$700,000 |
| Jan 2023 | Executive | 01 TO 03 | 131 sqm | S$652,500 |
| Oct 2022 | Executive | 10 TO 12 | 131 sqm | S$700,000 |
| Feb 2021 | Executive | 01 TO 03 | 131 sqm | S$510,000 |
| Feb 2021 | Executive | 07 TO 09 | 131 sqm | S$560,000 |
| Sept 2020 | Executive | 01 TO 03 | 131 sqm | S$508,000 |
| Jul 2020 | Executive | 10 TO 12 | 131 sqm | S$525,000 |
| Apr 2019 | Executive | 07 TO 09 | 131 sqm | S$510,000 |
| Jul 2018 | Executive | 04 TO 06 | 131 sqm | S$460,000 |
What flat types are in Block 581 Woodlands Dr 16?
Block 581 Woodlands Dr 16 has 88 units, mostly Executive flats of the Apartment model.
Unit stock by flat type, from the HDB property information dataset.
Where is Block 581 Woodlands Dr 16?
Block 581 Woodlands Dr 16 is an HDB block in Woodlands.
Block 581 Woodlands Dr 16 is an HDB block located along Woodlands Dr 16. The block is recorded as completed around 1999, with up to 12 storeys. It has an estimated 88 residential units based on the HDB property information dataset. Flat types in the block include executive units.
The address is Block 581 Woodlands Dr 16, Singapore 730581. It is part of District 25, Kranji / Woodgrove, the Woodlands planning area. The block falls within the North Region and the OCR market segment.
The nearest rail connection is Woodlands South MRT, approximately 446m away, around 7 minutes on foot. Nearby amenities include Causeway Point for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, and Woodlands Healing Garden for greenery and recreation.
How far is Block 581 Woodlands Dr 16 from MRT and schools?
The nearest MRT/LRT to Block 581 Woodlands Dr 16 is Woodlands South MRT, about 446 m away (~7 min walk). 7 schools are within 1 km, including 4 primary schools.
Getting around
- Woodlands South MRT446 m · ~7 min
Schools nearby
Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Woodgrove Secondary SchoolSecondary schoolwithin 1 km179 m
- Christ Church Secondary SchoolSecondary schoolwithin 1 km494 m
- Woodlands Ring Primary SchoolPrimary schoolwithin 1 km · P1 priority574 m
- Innova Primary SchoolPrimary schoolwithin 1 km · P1 priority653 m
- Woodgrove Primary SchoolPrimary schoolwithin 1 km · P1 priority737 m
- Singapore Sports SchoolMixed-level schoolwithin 1 km865 m
- Woodlands Primary SchoolPrimary schoolwithin 1 km · P1 priority915 m
- Spectra Secondary SchoolSecondary school1.2 km
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at Block 581 Woodlands Dr 16?
Buying a flat at Block 581 Woodlands Dr 16 (~S$560k) needs about S$4,464/mo in income and S$2,103/mo in repayments, after S$11,400 stamp duty and a S$140k downpayment.
Illustrative, for a buyer at the recent median resale price (S$560k) — 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$11,400
BSD, tiered
Downpayment (25%)
S$140k
cash + CPF
Monthly instalment
S$2,103/mo
25y @ 3.5%
Income required
S$4,464/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 581 Woodlands Dr 16? Ask what it's worth.
Recent transacted prices, what's nearby, and whether an asking price is fair.
Recent sales at Block 581 Woodlands Dr 16 land close to the town median — fair value, no big premium.
Frequently asked questions about Block 581 Woodlands Dr 16
How much does a Executive flat at Block 581 Woodlands Dr 16 cost?⌄
Executive flats at Block 581 Woodlands Dr 16 have recently resold for a median of about S$560k (S$397 psf), from 47 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
Is Block 581 Woodlands Dr 16 worth buying given its remaining lease?⌄
Block 581 Woodlands Dr 16 has about 74 years left on its 99-year lease (completed 1999). 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 581 Woodlands Dr 16?⌄
Gross rental yield at Block 581 Woodlands Dr 16 is about 6.8%, based on a median subletting rent of about S$3,150/mo against a resale price of about S$560k. 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 581 Woodlands Dr 16?⌄
For a flat at about S$560k on a 25-year HDB-style loan, you'd need roughly S$4,464/mo in household income, with repayments around S$2,103/mo after a S$140k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.
What is the nearest MRT to Block 581 Woodlands Dr 16?⌄
The nearest MRT/LRT station to Block 581 Woodlands Dr 16 is Woodlands South MRT, about 446 m away (~7 min walk).
Which primary schools are within 1 km of Block 581 Woodlands Dr 16?⌄
Woodlands Ring Primary School, Innova Primary School, Woodgrove Primary School, Woodlands Primary School are within 1 km of Block 581 Woodlands Dr 16 — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
