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Block 157 Mei Ling Street

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

Block 157 Mei Ling Street has 34 recorded HDB resale transactions since 2017. Latest sale: $412,000 (May 2026, 3 room, floors 13–15). Median $4,957/sqm. Prices up 33.3% over the past five years. Built 1970, 42 years lease remaining.

Latest Sale
$412,000
May 2026 · 3 ROOM · Floor 13-15
Median $/sqm
$4,957
Based on 34 transactions
Total Transactions
34
Since Jan 2017
5-Year Trend
▲ +33.3%
Median price change
Median Price ?
Top 77%
#148 / 192 Top 77%
Latest Sale ?
Top 70%
#134 / 192 Top 70%
Value ($/sqm) ?
Top 90%
#172 / 192 Top 90%
5-Year Growth ?
Top 25%
#35 / 140 Top 25%
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
--
Future Value Projection
Market Appreciation
+5.9%/yr
vs
Lease Decay
−1.04%/yr
Growth assumption
Based on this block’s +33.3% 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). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
3-Room $3,150 typically $2,800–$3,300 9.2% 16 rentals here
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).
All Transactions
Date Floor Type Area Price $/sqm
May 2026 13 TO 15 3 ROOM 69 sqm $412,000 $5,971
Dec 2025 01 TO 03 3 ROOM 69 sqm $360,000 $5,217
Aug 2025 07 TO 09 3 ROOM 69 sqm $420,000 $6,087
Apr 2025 07 TO 09 3 ROOM 69 sqm $420,000 $6,087
Jun 2024 01 TO 03 3 ROOM 69 sqm $358,000 $5,188
Feb 2024 04 TO 06 3 ROOM 69 sqm $358,000 $5,188
Nov 2023 10 TO 12 3 ROOM 69 sqm $370,000 $5,362
Oct 2023 10 TO 12 3 ROOM 69 sqm $400,000 $5,797
Oct 2023 13 TO 15 3 ROOM 69 sqm $405,000 $5,870
Mar 2023 04 TO 06 3 ROOM 69 sqm $353,000 $5,116
Feb 2023 01 TO 03 3 ROOM 69 sqm $350,000 $5,072
Feb 2023 07 TO 09 3 ROOM 69 sqm $394,000 $5,710
Jan 2023 13 TO 15 3 ROOM 69 sqm $365,000 $5,290
Nov 2022 04 TO 06 3 ROOM 69 sqm $348,888 $5,056
Jul 2022 04 TO 06 3 ROOM 69 sqm $348,000 $5,043
Jul 2022 13 TO 15 3 ROOM 69 sqm $358,000 $5,188
Jan 2022 13 TO 15 3 ROOM 69 sqm $333,000 $4,826
Oct 2021 07 TO 09 3 ROOM 69 sqm $300,000 $4,348
Sep 2021 04 TO 06 3 ROOM 69 sqm $318,000 $4,609
Jul 2021 07 TO 09 3 ROOM 69 sqm $295,000 $4,275
Showing 20 of 34 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 157 Mei Ling Street

Block 157 at Mei Ling Street is a residential HDB block in Queenstown, Singapore, built in 1970 with approximately 42 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $260,000 to $420,000 based on 34 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 13 TO 15 sold for $412,000 in 2026-05. The current median price per square metre is $4,957. Over the past five years, resale prices at this block have increased by approximately 33.3%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.7702, with an annual lease decay rate of approximately 1.04%. 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 157 Mei Ling Street worth?

The most recent resale transaction at Block 157 Mei Ling Street was $412,000 for a 3 room flat in 2026-05. The median price per square metre across all flat types is $4,957, based on 34 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 157 Mei Ling Street?

Block 157 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 157 Mei Ling Street?

Block 157 Mei Ling Street in Queenstown contains 3 room flats. Resale prices range from $260,000 to $420,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 157 Mei Ling Street gone up or down?

Resale prices at Block 157 Mei Ling Street have increased by approximately 33.3% over the past five years. The current median price is $342,000, with the most recent sale at $412,000 in 2026-05.

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