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Block 145 Mei Ling Street

4 Room · 5 Room · Built 1995 · 71 years remaining lease · Updated Nov 2022 MOP Cleared

Block 145 Mei Ling Street has 8 recorded HDB resale transactions since 2017. Latest sale: $760,000 (Nov 2022, 4 room, floors 04–06). Median $6,419/sqm. Built 1995, 71 years lease remaining.

Latest Sale
$760,000
Nov 2022 · 4 ROOM · Floor 04-06
Median $/sqm
$6,419
Based on 8 transactions
Total Transactions
8
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 45%
#87 / 195 Top 45%
Latest Sale ?
Top 53%
#104 / 195 Top 53%
Value ($/sqm) ?
Top 56%
#109 / 195 Top 56%
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
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How we estimate this →
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.32%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 71 years remaining 99 years
71 years 11 months
Remaining lease
↓ 0.32%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 71 years remaining, decay is gradual (~0.32%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Queenstown average.

Flat type Median rent /mo Gross yield Based on
4-Room $4,150 typically $3,750–$4,400 5% Queenstown avg · block too thin
5-Room $4,400 typically $4,000–$4,700 4.3% Queenstown avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 2 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
2 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Other HDB blocks closest to Block 145 Mei Ling Street in Queenstown, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Queenstown
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
All Transactions
Date Floor Type Area Price $/sqm
Nov 2022 04 TO 06 4 ROOM 109 sqm $760,000 $6,972
Oct 2021 07 TO 09 4 ROOM 109 sqm $740,000 $6,789
Aug 2021 01 TO 03 4 ROOM 109 sqm $665,000 $6,101
Aug 2021 04 TO 06 4 ROOM 109 sqm $686,000 $6,294
Oct 2020 04 TO 06 4 ROOM 110 sqm $650,000 $5,909
Nov 2019 04 TO 06 5 ROOM 136 sqm $890,000 $6,544
Nov 2017 01 TO 03 5 ROOM 136 sqm $826,000 $6,074
Apr 2017 10 TO 12 5 ROOM 129 sqm $888,000 $6,884
Showing 8 of 8 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 145 Mei Ling Street

Block 145 Mei Ling Street is a mature HDB block in Queenstown, built in 1995 with about 71 years remaining on its 99-year lease. At $750,000, its median sits roughly in line with the Queenstown town median. It has a relatively light resale record, with 8 transactions since 2017 across 4 room, 5 room flats priced from $650,000 to $890,000. The most recent transaction was a 4 room flat on storeys 04 TO 06 at $760,000 in Nov 2022, and the median works out to $6,419/sqm. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.9158, equivalent to roughly 0.32% of lease-value decay a year. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 145 Mei Ling Street worth?

The most recent resale transaction at Block 145 Mei Ling Street was $760,000 for a 4 room flat in 2022-11. The median price per square metre across all flat types is $6,419, based on 8 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 145 Mei Ling Street?

Block 145 Mei Ling Street was built in 1995 and has approximately 71 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.32%, meaning the leasehold value decreases by approximately 0.32% per year at the current remaining lease.

What flat types are available at Block 145 Mei Ling Street?

Block 145 Mei Ling Street in Queenstown contains 4 room, 5 room flats. Resale prices range from $650,000 to $890,000 based on historical transaction records from data.gov.sg.

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