157 Mei Ling Street 140157, Mei Chin, Central Region, Singapore
$3,300 /month




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2 Bedroom & Utility! High Floor Renovated! Don't Miss! **Rental 157 Mei Ling Street** 2 Bedrooms with Aircon with 1 utility room without Aircon! This cozy and compact unit is perfect for individuals or couple looking for a comfortable space to call home Unit - Spacious High Floor Unit - Bright and Breezy in a Quiet Environment - Squarish and Efficient Layout - Use of Washing Machine, Fridge Space Key features: - Bedroom: This HDB unit comes with a well-designed bedroom, providing a peaceful sanctuary for relaxation. - Bathroom: The unit features a clean and functional bathroom, offering convenience and privacy. - Size: With a generous area of 743 sqft, this HDB unit optimizes space usage, providing ample room for comfortable living. - Location: Situated in the heart of Mei Ling Street, this property offers easy access to a wide range of amenities, making it an ideal choice for those seeking convenience. Nearby amenities (distances in brackets): - Subway Station: Queenstown MRT Station (approximately 500m), provides seamless connectivity to the rest of Singapore. - Schools: Queensway Secondary School (approximately 400m), Rainbow Centre (approximately 600m). These educational institutions offer quality learning opportunities for students of different age groups. - Shopping Malls: Anchorpoint (approximately 400m), Alexandra Central Mall (approximately 500m). Happy to Show You Around, Please Contact Max ANG @9278XXXX for more information and viewing! "Every step of your real estate journey with HappyMax is a joy-filled stride towards your dream home, maximizing both happiness and potential along the way."
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…
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Estimated sale value based on 3 HDB resale transactions (data.gov.sg) · 1 outliers removed (IQR)
Fair Value
S$269,283
S$362 psf
Asking Price
S$3,300
S$5 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
43 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
Low
3 comps
Nearest MRT
Queenstown
285m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
3 comparable transactions
S$562
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.614
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$362
Recent Comparable Transactions
3 shown · 3 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMay 2026 | Blk 157 MEI LING ST Floor 13 TO 15 | 743sqft | S$412,000 | ▲S$555 +53.3% vs FV | 99yr from 1970 |
May 2026 | Blk 157 MEI LING ST Floor 13 TO 15 | 743sqft | S$412,000 | ▲S$555 +53.3% vs FV | 99yr from 1970 |
Aug 2025 | Blk 157 MEI LING ST Floor 07 TO 09 | 743sqft | S$420,000 | ▲S$565 +56.1% vs FV | 99yr from 1970 |
Apr 2025 | Blk 157 MEI LING ST Floor 07 TO 09 | 743sqft | S$420,000 | ▲S$565 +56.1% vs FV | 99yr from 1970 |
Blk 157 MEI LING ST
May 2026 · Floor 13 TO 15
+53.3% vs FV
Blk 157 MEI LING ST
May 2026 · Floor 13 TO 15
+53.3% vs FV
Blk 157 MEI LING ST
Aug 2025 · Floor 07 TO 09
+56.1% vs FV
Blk 157 MEI LING ST
Apr 2025 · Floor 07 TO 09
+56.1% vs FV
HELIOS AI Analysis
The valuation of the HDB 3-room property in Queenstown, with a remaining lease of 43 years, stands at an estimated value of $269,283, translating to $362 per square foot. This valuation reflects a market price that is consistent with the baseline, indicating a stable demand in the locality despite the inherent depreciation associated with the remaining lease period. The calculated price per square foot suggests that buyers may be cautious, weighing the lease duration against their long-term investment objectives.
Market dynamics in Queenstown reveal a complex interplay of factors influencing this valuation. With a model confidence rating classified as low, potential investors should approach with heightened scrutiny. The analysis is grounded in three recent HDB resale transactions within the vicinity, which serve as a critical benchmark for understanding current market sentiment. It is essential to consider that properties with shorter leases typically face greater fluctuations in demand and pricing, particularly in a market where buyers are increasingly discerning about lease lengths. Thus, the strategic positioning of this HDB unit may warrant further examination against its surrounding amenities and future urban development plans to fully gauge its investment potential.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.