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Block 150 Mei Ling Street

Executive · Built 1995 · 69 years remaining lease · Updated Oct 2025 MOP Cleared

Block 150 Mei Ling Street has 17 recorded HDB resale transactions since 2017. Latest sale: $1,500,000 (Oct 2025, executive, floors 04–06). Median $8,256/sqm. Prices up 15.1% over the past five years. Built 1995, 69 years lease remaining.

Latest Sale
$1,500,000
Oct 2025 · EXECUTIVE · Floor 04-06
Median $/sqm
$8,256
Based on 17 transactions
Total Transactions
17
Since Jan 2017
5-Year Trend
▲ +15.1%
Median price change
Median Price ?
Top 1%
#2 / 195 Top 1%
Latest Sale ?
Top 2%
#4 / 195 Top 2%
Value ($/sqm) ?
Top 29%
#57 / 195 Top 29%
5-Year Growth ?
Top 82%
#117 / 142 Top 82%
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
--
How we estimate this →
Future Value Projection
Market Appreciation
+2.9%/yr
vs
Lease Decay
−0.36%/yr
Growth assumption
Based on this block’s +15.1% growth over 5 years
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 69 years remaining 99 years
69 years
Remaining lease
↓ 0.36%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 69 years remaining, decay is gradual (~0.36%/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
Executive $4,500 typically $3,450–$5,450 4.2% 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 150 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
Oct 2025 04 TO 06 EXECUTIVE 146 sqm $1,500,000 $10,274
Jun 2025 04 TO 06 EXECUTIVE 147 sqm $1,300,000 $8,844
May 2025 04 TO 06 EXECUTIVE 142 sqm $1,320,500 $9,299
Feb 2025 01 TO 03 EXECUTIVE 142 sqm $1,278,000 $9,000
Apr 2024 01 TO 03 EXECUTIVE 147 sqm $1,230,000 $8,367
Jan 2024 04 TO 06 EXECUTIVE 147 sqm $1,228,000 $8,354
Feb 2023 07 TO 09 EXECUTIVE 150 sqm $1,260,000 $8,400
Aug 2022 01 TO 03 EXECUTIVE 142 sqm $1,100,000 $7,746
Jul 2022 10 TO 12 EXECUTIVE 156 sqm $1,288,000 $8,256
Mar 2022 04 TO 06 EXECUTIVE 142 sqm $1,046,000 $7,366
Feb 2022 04 TO 06 EXECUTIVE 147 sqm $1,180,000 $8,027
Jun 2021 10 TO 12 EXECUTIVE 148 sqm $1,235,000 $8,345
Feb 2021 13 TO 15 EXECUTIVE 146 sqm $1,050,000 $7,192
Feb 2021 04 TO 06 EXECUTIVE 147 sqm $1,138,800 $7,747
Jun 2020 04 TO 06 EXECUTIVE 148 sqm $960,000 $6,486
Mar 2018 07 TO 09 EXECUTIVE 147 sqm $945,000 $6,429
Feb 2017 16 TO 18 EXECUTIVE 150 sqm $930,000 $6,200
Showing 17 of 17 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 150 Mei Ling Street

A flat at Block 150 Mei Ling Street in Queenstown has reached $1,500,000 (Oct 2025), putting it in the small group of HDB blocks that have crossed the million-dollar mark. Its median runs about 71% above the Queenstown median, ahead of around 99% of the town's blocks. It has a relatively light resale record, with 17 transactions since 2017 across executive flats priced from $930,000 to $1,500,000. The most recent transaction was an executive flat on storeys 04 TO 06 at $1,500,000 in Oct 2025, and the median works out to $8,256/sqm. Over five years, prices here are up about 15.1%. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.9069, equivalent to roughly 0.36% 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 150 Mei Ling Street worth?

The most recent resale transaction at Block 150 Mei Ling Street was $1,500,000 for a executive flat in 2025-10. The median price per square metre across all flat types is $8,256, based on 17 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 150 Mei Ling Street?

Block 150 Mei Ling Street was built in 1995 and has approximately 69 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.36%, meaning the leasehold value decreases by approximately 0.36% per year at the current remaining lease.

What flat types are available at Block 150 Mei Ling Street?

Block 150 Mei Ling Street in Queenstown contains executive flats. Resale prices range from $930,000 to $1,500,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 150 Mei Ling Street gone up or down?

Resale prices at Block 150 Mei Ling Street have increased by approximately 15.1% over the past five years. The current median price is $1,228,000, with the most recent sale at $1,500,000 in 2025-10.

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