How Much Is a Flat at Block 583 Woodlands Dr 16 Worth?

Executive · Built 2001 · 75 years 07 months remaining MOP Cleared

Last updated: 13 Jun 2026

Latest Sale

$793,000

2024-11 · Executive

Median $/sqm

$4,008

Based on 19 txns

Total Txns

19

Since data available

5-Yr Trend

▲42.2%

vs 5 years ago

What Will You Actually Walk Away With?

Select your flat and storey. We'll calculate your estimated cash in hand, CPF refund, and all deductions — including accrued interest and resale levy.

Flat Type

Storey Band (closest to your floor)

How did you buy?

What are you thinking of buying next?

Market Demand

⏳ Lower transaction volume — pricing and timing matter more here. A local expert helps.

Based on recent sales data · Updates monthly

Sold at this block (6mo)

0 flats ⚡

AVG. DAYS TO OFFER

—

Transaction density proxy

BUYER DEMAND

3.1 / 10

Block Specialists

Connect with agents who know this block — coming soon.

Lease Clock

Watch

0 yrs 75 years left 99 yrs

Key threshold: 60 years

Your flat is approaching a key resale threshold

Your block has 75 years of lease left. Today, buyers can still get full CPF and bank loans — no restrictions. But once the lease drops below 65 years, buyers who purchase now will struggle to resell after their MOP. The closer you get, the smaller your buyer pool becomes.

An agent who knows this block can position your flat now, before the window narrows.

Transaction History 19 total

Date	Blk	Floor	Type	sqm	Price	$/sqm
2024-11	583	07 TO 09	Executive	131	$793,000	$6,053
2024-10	583	04 TO 06	Executive	131	$760,000	$5,802
2024-08	583	07 TO 09	Executive	131	$780,000	$5,954
2024-05	583	07 TO 09	Executive	131	$755,000	$5,763
2024-04	583	01 TO 03	Executive	131	$685,000	$5,229
2023-08	583	01 TO 03	Executive	131	$670,000	$5,115
2023-07	583	10 TO 12	Executive	131	$725,000	$5,534
2022-04	583	10 TO 12	Executive	131	$680,000	$5,191
2021-10	583	10 TO 12	Executive	131	$603,000	$4,603
2020-10	583	04 TO 06	Executive	131	$525,000	$4,008
2020-08	583	10 TO 12	Executive	131	$518,000	$3,954
2020-07	583	04 TO 06	Executive	131	$520,888	$3,976
2020-02	583	04 TO 06	Executive	131	$510,000	$3,893
2020-01	583	07 TO 09	Executive	131	$500,000	$3,817
2019-12	583	04 TO 06	Executive	131	$485,000	$3,702
2019-08	583	10 TO 12	Executive	131	$510,000	$3,893
2018-12	583	07 TO 09	Executive	131	$520,000	$3,969
2018-06	583	04 TO 06	Executive	131	$488,000	$3,725
2017-09	583	01 TO 03	Executive	131	$485,000	$3,702
2026-06	546	10 TO 12	4 Room	100	$588,000	$5,880
2026-06	574A	04 TO 06	4 Room	93	$671,000	$7,215
2026-05	585	04 TO 06	5 Room	111	$615,000	$5,541
2026-05	540	04 TO 06	4 Room	100	$580,000	$5,800
2026-05	540	10 TO 12	4 Room	100	$618,000	$6,180
2026-05	573C	10 TO 12	4 Room	93	$708,000	$7,613
2026-05	578	07 TO 09	5 Room	110	$643,000	$5,845
2026-05	543	10 TO 12	4 Room	101	$609,000	$6,030
2026-04	545	01 TO 03	4 Room	100	$568,000	$5,680
2026-04	543	07 TO 09	4 Room	101	$588,000	$5,822
2026-04	576	04 TO 06	5 Room	110	$588,000	$5,345
2026-04	543	04 TO 06	5 Room	120	$660,000	$5,500
2026-04	584	04 TO 06	4 Room	91	$548,000	$6,022
2026-04	537	04 TO 06	5 Room	121	$637,000	$5,264
2026-04	586	04 TO 06	5 Room	111	$645,000	$5,811
2026-04	542	04 TO 06	4 Room	101	$580,000	$5,743
2026-04	589	10 TO 12	Executive	131	$815,888	$6,228
2026-04	543	01 TO 03	5 Room	115	$665,000	$5,783
2026-04	573A	04 TO 06	3 Room	68	$488,000	$7,176
2026-03	575	01 TO 03	4 Room	86	$540,000	$6,279
2026-03	539	04 TO 06	5 Room	121	$630,000	$5,207
2026-03	547	04 TO 06	4 Room	101	$590,000	$5,842
2026-03	576	01 TO 03	5 Room	110	$600,000	$5,455
2026-03	573C	07 TO 09	4 Room	93	$650,000	$6,989
2026-03	573C	04 TO 06	3 Room	68	$538,888	$7,925
2026-03	573A	10 TO 12	4 Room	93	$700,000	$7,527
2026-03	574A	04 TO 06	4 Room	93	$648,888	$6,977
2026-03	538	04 TO 06	5 Room	121	$660,000	$5,455
2026-03	574A	10 TO 12	2 Room	47	$350,000	$7,447
2026-03	547	10 TO 12	5 Room	121	$695,000	$5,744
2026-03	573A	07 TO 09	2 Room	37	$370,000	$10,000
2026-03	589	01 TO 03	Executive	131	$780,000	$5,954
2026-02	574B	04 TO 06	3 Room	68	$510,000	$7,500
2026-02	589	07 TO 09	5 Room	111	$670,888	$6,044
2026-02	585	07 TO 09	5 Room	111	$645,000	$5,811
2026-02	541	01 TO 03	4 Room	101	$560,000	$5,545
2026-02	573C	10 TO 12	4 Room	93	$690,000	$7,419
2026-02	539	01 TO 03	4 Room	101	$565,000	$5,594
2026-02	542	01 TO 03	4 Room	101	$570,000	$5,644
2026-01	581	01 TO 03	Executive	131	$780,000	$5,954
2026-01	574A	10 TO 12	4 Room	93	$688,888	$7,407
2026-01	576	10 TO 12	5 Room	110	$640,000	$5,818
2026-01	588	10 TO 12	4 Room	91	$600,000	$6,593
2026-01	538	01 TO 03	4 Room	101	$550,000	$5,446
2026-01	574B	10 TO 12	4 Room	93	$685,000	$7,366
2026-01	543	04 TO 06	4 Room	101	$575,000	$5,693
2026-01	579	04 TO 06	4 Room	90	$522,888	$5,810
2026-01	573A	07 TO 09	2 Room	47	$395,000	$8,404
2026-01	573B	07 TO 09	4 Room	93	$680,000	$7,312
2026-01	545	07 TO 09	5 Room	115	$678,000	$5,896

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About Block 583 Woodlands Dr 16

Flats at Block 583 Woodlands Dr 16 have historically sold at a median of $4,626/sqm, with 19 transactions on record.

The block is a 13-minute walk from Woodlands South MRT Station (1009m) and is near Woodlands North Plaza mall (930m, 12 min walk). It is also near Innova Primary School (1354m, 17 min walk), Woodlands Ring Primary School (1680m, 21 min walk), and Woodgrove Primary School (1616m, 20 min walk).

All data is sourced from data.gov.sg and updated daily.

What's Near Block 583 Woodlands Dr 16?

Facilities and transport within a 15-minute walk. Walking times are route-based.

MRT / LRT

WOODLANDS SOUTH MRT STATION 1009m · 13 min

Parks

WOODLANDS HEALING GARDEN 1226m · 15 min

Community Facilities

ACE The Place CC 1045m · 13 min

Other Blocks on Woodlands Dr 16

Block 579 Woodlands Dr 16 Block 582 Woodlands Dr 16 Block 580 Woodlands Dr 16

Frequently Asked Questions

How much is a flat at Block 583 Woodlands Dr 16?

Based on 19 recorded transactions, the median resale price is $780,000. The most recent sale was $793,000 in 2024-11.

Median by flat type (last 24 months)

Flat Type Most Recent Median

Executive $780,000

What is my flat worth at Block 583?

The overall median resale price at Block 583 Woodlands Dr 16 is $780,000. Prices have risen 42.2% over the past 5 years.

How much cash will I actually receive when I sell my flat at Block 583?

Your gross sale proceeds are what the buyer pays. From that, three things are deducted: your outstanding loan, your CPF principal (all CPF savings used for the flat, returned to your CPF OA), and CPF accrued interest (the interest CPF calculates on those savings at 2.5% p.a., compounded annually). What remains after these deductions is your cash in hand. Use the What's Your Flat Worth? calculator above to estimate your actual cash take-home based on Block 583 prices.

What is CPF accrued interest and why does it reduce my sale proceeds?

When you buy a flat using CPF, those funds are considered a loan from your CPF OA to yourself. When you sell, CPF Board requires you to return the principal plus the interest those funds would have earned had they stayed in your OA — currently 2.5% per annum, compounded. This is not a penalty or a fee paid to anyone; the money goes back into your CPF OA. However, it does reduce your cash proceeds — and the longer you have owned the flat, the larger the accrued amount. Use the CPF Accrued Interest Calculator above to estimate your deduction before you decide to sell.

How active is the resale market at Block 583?

Block 583 has recorded 19 resale transactions — roughly 0.8 sales per month over the past 24 months. The latest transaction closed in 2024-11.

What flat types are available at Block 583?

Block 583 Woodlands Dr 16 has Executive units.

How much can I unlock to upgrade if I sell my HDB at Block 583?

Selling to upgrade means planning both timelines and funds. Your proceeds split into cash in hand (for your next downpayment and transition costs) and CPF refund (returned to CPF OA). Use the What's Your Flat Worth? calculator above to estimate the equity you can deploy for your next home.

What is the remaining lease for Block 583?

Block 583 was built in 2001 with a 99-year lease. It has approximately 75 years 07 months remaining.

Does Block 583's remaining lease affect its resale value?

At 74 years remaining, lease length is not a meaningful factor for your sale. Buyers can use their full CPF savings and access standard bank financing. Your buyer pool is unrestricted.

When can I sell my flat at Block 583 Woodlands Dr 16?

Flats at Block 583 Woodlands Dr 16 have cleared their 5-year Minimum Occupation Period (MOP) and are eligible for resale on the open market. You can list your flat now.

How long does it take to sell an HDB flat?

The standard HDB resale process takes approximately 8–12 weeks from granting the Option to Purchase (OTP) to the completion appointment. This includes HDB resale application, HDB valuation, CPF usage approval, and final appointment scheduling.

Can I sell my HDB flat without an agent?

Yes — HDB's resale portal allows you to handle the transaction yourself. However, for owners upgrading to their next home, an experienced agent helps align pricing, buyer negotiation, and completion timing so your next purchase is less exposed to delays. The typical 1–2% commission is often recovered through a stronger sale outcome.

What are the costs of selling an HDB flat?

Typical costs for a seller:

Agent commission ~1–2% of sale price

Legal / conveyancing ~S$500 (HDB) or ~S$2,000 (private)

HDB admin fee S$80

Resale levy S$15,000–S$55,000 (if applicable)

Seller stamp duty None (after MOP)

Total (est.) on $780,000 excl. levy $16,180 to $17,680