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Block 153 Mei Ling Street

3 Room · Built 1970 · 42 years remaining lease · Updated Apr 2026 MOP Cleared

Block 153 Mei Ling Street has 15 recorded HDB resale transactions since 2017. Latest sale: $358,888 (Apr 2026, 3 room, floors 10–12). Median $4,925/sqm. Prices up 39% over the past five years. Built 1970, 42 years lease remaining.

How this block compares

  • 3 Room$359,444
    −19.6%vs town(−$87k)−19.2%vs national(−$86k)

Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.

Latest Sale
$358,888
Apr 2026 · 3 ROOM · Floor 10-12
Median $/sqm
$4,925
Based on 15 transactions
Total Transactions
15
Since Jan 2017
5-Year Trend
▲ +39%
Median price change
Median Price ?
Top 79%
#155 / 195 Top 79%
Latest Sale ?
Top 84%
#163 / 195 Top 84%
Value ($/sqm) ?
Top 91%
#178 / 195 Top 91%
5-Year Growth ?
Top 6%
#9 / 142 Top 6%
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
+6.8%/yr
vs
Lease Decay
−1.04%/yr
Growth assumption
Based on this block’s +39% 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 42 years remaining 99 years
42 years 9 months
Remaining lease
↓ 1.04%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 42 years remaining, decay is accelerating (~1.04%/yr). It accelerates significantly below 40 years. Lease decay is approaching the rate where it offsets market appreciation.
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
3-Room $3,000 typically $2,800–$3,300 8.1% 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 153 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
Apr 2026 10 TO 12 3 ROOM 67 sqm $358,888 $5,357
Mar 2026 07 TO 09 3 ROOM 67 sqm $360,000 $5,373
May 2025 10 TO 12 3 ROOM 83 sqm $486,000 $5,855
Apr 2025 04 TO 06 3 ROOM 67 sqm $400,000 $5,970
Mar 2025 07 TO 09 3 ROOM 67 sqm $420,000 $6,269
Jan 2025 10 TO 12 3 ROOM 67 sqm $420,000 $6,269
Oct 2023 10 TO 12 3 ROOM 67 sqm $368,000 $5,493
Jun 2022 07 TO 09 3 ROOM 67 sqm $310,000 $4,627
Mar 2022 07 TO 09 3 ROOM 67 sqm $330,000 $4,925
Mar 2021 10 TO 12 3 ROOM 67 sqm $295,000 $4,403
Jul 2020 01 TO 03 3 ROOM 67 sqm $230,000 $3,433
Dec 2019 04 TO 06 3 ROOM 67 sqm $270,000 $4,030
Nov 2018 07 TO 09 3 ROOM 67 sqm $278,000 $4,149
Jun 2018 10 TO 12 3 ROOM 67 sqm $298,000 $4,448
Jan 2017 07 TO 09 3 ROOM 67 sqm $300,000 $4,478
Showing 15 of 15 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 153 Mei Ling Street

Block 153 Mei Ling Street in Queenstown dates to 1970 and now has roughly 42 years of lease remaining, which makes lease decay the central consideration for buyers. Its median sits about 54% below the Queenstown median, cheaper than about 78% of the town's blocks. It has a relatively light resale record, with 15 transactions since 2017 across 3 room flats priced from $230,000 to $486,000. The most recent transaction was a 3 room flat on storeys 10 TO 12 at $358,888 in Apr 2026, and the median works out to $4,925/sqm. Higher floors carry a premium, with the 10 TO 12 band trading roughly 14% above the 07 TO 09 band. Over five years, prices here are up about 39%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 153 Mei Ling Street worth?

The most recent resale transaction at Block 153 Mei Ling Street was $358,888 for a 3 room flat in 2026-04. The median price per square metre across all flat types is $4,925, based on 15 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 153 Mei Ling Street?

Block 153 Mei Ling Street was built in 1970 and has approximately 42 years and 9 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 1.04%, meaning the leasehold value decreases by approximately 1.04% per year at the current remaining lease.

What flat types are available at Block 153 Mei Ling Street?

Block 153 Mei Ling Street in Queenstown contains 3 room flats. Resale prices range from $230,000 to $486,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 153 Mei Ling Street gone up or down?

Resale prices at Block 153 Mei Ling Street have increased by approximately 39% over the past five years. The current median price is $330,000, with the most recent sale at $358,888 in 2026-04.

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