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SG Property Intel
HDB99-yearBuilt 1994Rest of Central RegionInvestment score 53

Blk 148 Mei Ling St

MEI LING ST · QUEENSTOWN · Singapore 140148 · D03

Median PSF · 12m

S$810

Median price · 12m

S$1.28M

Latest sale

S$1.36M

Feb 2026

1-year change

-5.0%

Sales · 12m

2

99 all time

Gross yield

4.89%

1 leases

Price history

How this development has traded

Median transacted price and price per square foot by quarter, from every sale on record here.

Change over window
+20.3%
Annualised
+13.1%
Transactions
9
1 year
-5.0%
3 years p.a.
+4.6%
5 years p.a.
+5.5%
Median size
1,604 sqft

Against the neighbourhood

How it compares within D03

Queenstown, Tiong Bahru, Alexandra. All figures are medians over the last 12 months for HDB flats in this district.

District analytics
MeasureBlk 148 Mei Ling StD03 medianDifference
Median PSFS$810S$961-15.6%
Median priceS$1.28MS$880K+46.0%
Gross rental yield4.89%6.34%-1.4 pts
1-year price change-5.0%+8.0%-13.0 pts

This development trades about 16% below the D03 median price per square foot.

Rental

Rent and yield

From HDB approved subletting contracts published on data.gov.sg.

Median monthly rent

S$5,500

Contracts · 12m

1

Implied annual rent

S$66K

Gross yield

4.89%

Unit typeContractsMedian rent
EXECUTIVE1S$5,500

Investment analysis

Investment score 53 / 100

Each component is a percentile rank against every other HDB block in the database. This is an analytical indicator, not financial advice.

53/100

100% of the scoring weight measurable

Every bar is a percentile rank, so 70 means this development sits above roughly 70% of its peers on that factor. Factors we cannot measure are excluded and the remaining weights are rebalanced, rather than scored as zero.

  • Valuationweight 22%87

    How its median price per square foot compares with its own district.

  • Locationweight 15%72

    Distance to the nearest rail station, plus schools within 1 km. Nearest is Queenstown MRT at 170 m.

  • Price momentumweight 18%57

    Three-year annualised change in median PSF, or one year where three is unavailable.

  • Liquidityweight 15%45

    Transactions in the last 12 months — how easily it trades.

  • Supply riskweight 10%38

    Upcoming units recorded in the same district. Higher score means less competing supply.

  • Rental yieldweight 20%10

    Gross yield against every other development in its segment.

The investment score is an analytical indicator computed from transaction and location data. It is not a recommendation, a forecast, or financial advice.

Location

Nearby amenities

Rail stations

  • Queenstown MRT170 m
  • Commonwealth MRT1.1 km
  • Redhill MRT1.5 km
  • One-North MRT2.0 km

Schools within 2 km

  • Queenstown Primary Schoolprimary370 m
  • Queensway Secondary Schoolsecondary (s1-s5)700 m
  • New Town Primary Schoolprimary770 m
  • Queenstown Secondary Schoolsecondary (s1-s5)1.0 km
  • Bukit Merah Secondary Schoolsecondary (s1-s5)1.4 km
  • Crescent Girls' Schoolsecondary (s1-s4)1.5 km

Distances are straight-line. Proximity does not determine school admission eligibility.

Supply

Upcoming competition

No upcoming supply is recorded nearby. URA pipeline data requires an API key, which is not configured, so this section may be incomplete.

The record

Transactions at this development

Browse all transactions
MonthTypePriceSizePSFFloorLease left
Feb 2026EXECUTIVES$1,360,0001,561 sqftS$87104 TO 0668 yr 8 mo
Jan 2026EXECUTIVES$1,210,0001,615 sqftS$74901 TO 0368 yr 9 mo
May 2025EXECUTIVES$1,350,0001,561 sqftS$86510 TO 1269 yr 5 mo
Nov 2024EXECUTIVES$1,350,0001,604 sqftS$84219 TO 2170 yr 1 mo
Mar 2023EXECUTIVES$1,180,0001,615 sqftS$73101 TO 0371 yr 7 mo
Feb 2023EXECUTIVES$1,100,0001,604 sqftS$68601 TO 0371 yr 8 mo
Sep 2022EXECUTIVES$1,250,0001,679 sqftS$74422 TO 2472 yr 1 mo
Aug 2022EXECUTIVES$1,130,0001,561 sqftS$72401 TO 0372 yr 3 mo
Feb 2022EXECUTIVES$1,080,0001,604 sqftS$67301 TO 0372 yr 8 mo
Oct 2020EXECUTIVES$1,000,0001,615 sqftS$61907 TO 0974 yr 1 mo
Jul 2020EXECUTIVES$1,055,0001,604 sqftS$65807 TO 0974 yr 3 mo
Mar 2020EXECUTIVES$1,030,0001,561 sqftS$66013 TO 1574 yr 7 mo
Jul 2019EXECUTIVES$1,150,0001,582 sqftS$72719 TO 2175 yr 3 mo
Jul 2019EXECUTIVES$1,065,0001,582 sqftS$67310 TO 1275 yr 3 mo
Dec 2018EXECUTIVES$970,0001,561 sqftS$62104 TO 0675 yr 10 mo
Sep 2018EXECUTIVES$1,095,0001,604 sqftS$68313 TO 1576 yr 1 mo
Jul 2018EXECUTIVES$1,150,0001,604 sqftS$71719 TO 2176 yr 3 mo
Jul 2018EXECUTIVES$750,0001,561 sqftS$48101 TO 0376 yr 3 mo
Apr 2018EXECUTIVES$1,080,0001,615 sqftS$66913 TO 1576 yr 6 mo
Jul 2017EXECUTIVES$1,160,0001,679 sqftS$69119 TO 2177 yr 3 mo
Jul 2017EXECUTIVES$860,0001,615 sqftS$53301 TO 0377 yr 3 mo
Sep 2016EXECUTIVES$990,0001,615 sqftS$61304 TO 0678 yrs
Sep 2011EXECUTIVES$793,0001,582 sqftS$50101 TO 0382 yr 4 mo
Aug 2011EXECUTIVES$840,0001,604 sqftS$52416 TO 1882 yr 5 mo
May 2011EXECUTIVES$795,0001,561 sqftS$50907 TO 0982 yr 8 mo
Dec 2010EXECUTIVES$780,0001,582 sqftS$49307 TO 0983 yr 1 mo
Oct 2010EXECUTIVES$810,0001,615 sqftS$50201 TO 0383 yr 3 mo
Sep 2010EXECUTIVES$740,0001,561 sqftS$47401 TO 0383 yr 4 mo
Aug 2010EXECUTIVES$811,8881,604 sqftS$50607 TO 0983 yr 5 mo
Aug 2010EXECUTIVES$800,0001,615 sqftS$49504 TO 0683 yr 5 mo
Jul 2010EXECUTIVES$755,0001,604 sqftS$47104 TO 0683 yr 6 mo
Dec 2009EXECUTIVES$740,0001,561 sqftS$47413 TO 1584 yr 1 mo
Dec 2009EXECUTIVES$695,0001,561 sqftS$44501 TO 0384 yr 1 mo
Nov 2009EXECUTIVES$730,0001,604 sqftS$45516 TO 1884 yr 2 mo
Sep 2009EXECUTIVES$796,0001,582 sqftS$50322 TO 2484 yr 4 mo
Sep 2009EXECUTIVES$665,0001,561 sqftS$42604 TO 0684 yr 4 mo
Oct 2008EXECUTIVES$780,8881,561 sqftS$50010 TO 1285 yr 3 mo
May 2008EXECUTIVES$832,0001,604 sqftS$51919 TO 2185 yr 8 mo
Apr 2008EXECUTIVES$808,0001,604 sqftS$50422 TO 2485 yr 9 mo
Dec 2007EXECUTIVES$765,0001,582 sqftS$48322 TO 2486 yr 1 mo

Showing the 40 most recent of 99 recorded transactions.

Important

Property values shown are estimates generated from available transaction and market data and are not official valuations. Actual transaction prices may differ. Data availability and accuracy depend on the underlying source datasets. Users should conduct their own due diligence and seek professional advice where appropriate.