Block 162 Mei Ling Street

3 Room · Built 1970 · 43 years remaining lease MOP Cleared
Latest Sale
$355,000
Nov 2025 · 3 ROOM · #01-03
Median $/sqm
$4,848
Based on 25 transactions
Total Transactions
25
Since Jan 2017
5-Year Trend
▲ +30.4%
Median price change
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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Future Value Projection
Estimated value in --
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Based on Bala's Table (SLA leasehold valuation model) with 3% annual market appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Not financial advice.
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Lease Decay Projection
0 years 43 years remaining 99 years
43 years 3 months
Remaining lease
↓ 1.02%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 43 years remaining, decay is accelerating (~1.02%/yr). It accelerates significantly below 40 years. Lease decay is approaching the rate where it offsets market appreciation.
All Transactions
Date Floor Type Area Price $/sqm
Nov 2025 01 TO 03 3 ROOM 66 sqm $355,000 $5,379
May 2025 10 TO 12 3 ROOM 66 sqm $415,000 $6,288
Mar 2025 01 TO 03 3 ROOM 76 sqm $405,000 $5,329
Dec 2023 04 TO 06 3 ROOM 76 sqm $387,000 $5,092
Aug 2023 10 TO 12 3 ROOM 66 sqm $343,000 $5,197
Aug 2022 07 TO 09 3 ROOM 66 sqm $320,000 $4,848
Jun 2022 10 TO 12 3 ROOM 66 sqm $310,000 $4,697
Feb 2022 04 TO 06 3 ROOM 66 sqm $310,000 $4,697
Feb 2022 10 TO 12 3 ROOM 66 sqm $310,000 $4,697
Oct 2021 07 TO 09 3 ROOM 66 sqm $325,000 $4,924
May 2021 07 TO 09 3 ROOM 66 sqm $296,000 $4,485
Mar 2021 10 TO 12 3 ROOM 66 sqm $330,000 $5,000
Jan 2021 07 TO 09 3 ROOM 66 sqm $280,000 $4,242
Oct 2020 07 TO 09 3 ROOM 66 sqm $308,000 $4,667
Sep 2019 04 TO 06 3 ROOM 66 sqm $310,000 $4,697
Oct 2018 10 TO 12 3 ROOM 66 sqm $298,000 $4,515
Aug 2018 10 TO 12 3 ROOM 66 sqm $280,000 $4,242
Jul 2018 07 TO 09 3 ROOM 66 sqm $280,000 $4,242
Apr 2018 07 TO 09 3 ROOM 66 sqm $292,800 $4,436
Oct 2017 01 TO 03 3 ROOM 66 sqm $272,888 $4,135
Showing 20 of 25 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 162 Mei Ling Street

Block 162 at Mei Ling Street is a residential HDB block in Queenstown, Singapore, built in 1970 with approximately 43 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $272,888 to $415,000 based on 25 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $355,000 in 2025-11. The current median price per square metre is $4,848. Over the past five years, resale prices at this block have increased by approximately 30.4%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.7741, with an annual lease decay rate of approximately 1.02%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 162 Mei Ling Street worth?

The most recent resale transaction at Block 162 Mei Ling Street was $355,000 for a 3 room flat in 2025-11. The median price per square metre across all flat types is $4,848, based on 25 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 162 Mei Ling Street?

Block 162 Mei Ling Street was built in 1970 and has approximately 43 years and 3 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 1.02%, meaning the leasehold value decreases by approximately 1.02% per year at the current remaining lease.

What flat types are available at Block 162 Mei Ling Street?

Block 162 Mei Ling Street in Queenstown contains 3 room flats. Resale prices range from $272,888 to $415,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 162 Mei Ling Street gone up or down?

Resale prices at Block 162 Mei Ling Street have increased by approximately 30.4% over the past five years. The current median price is $320,000, with the most recent sale at $355,000 in 2025-11.

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