154 Mei Ling Street 140154, Mei Chin, Central Region, Singapore
$429,000
No image
This flat is a 3 Rooms HDB for sale with 1 Baths in 154 Mei Ling Street, a stunning HDB Resale Flat in Singapore. Key features ■ Move-in condition ■ Well-maintained and renovated condition ■ Well-kept unit condition ■ Good layout ■ Windy ■ Bright and airy ■ Corridor unit ■ Great ventilation ■ Natural air ventilation ■ Quiet area ■ Quiet and peaceful facing ■ No west sun ■ No afternoon sun ■ Garden view ■ Unblocked city view ■ Walk-in wardrobe ■ Open concept kitchen ■ Good for investment ■ Close to MRT ■ High rental yield % ■ Great for own stay If you are searching for a HDB in Singapore, look no further than this stunning HDB for Sale in Queenstown. Located in District 3, Mei Ling Heights was completed in 1968 and is a 99 year leasehold HDB Development. This hdb for sale is one of a total of 150 units in the development which has a total of 16 floors and is one of 25 HDB blocks on Mei Ling Street. If you are looking for a property in the Queenstown HDB Estate, this might be the perfect unit for you! Nearby amenities ⭑ Nearby MRTs • Queenstown (267 m) - 4 mins walk ⭑ Nearby Bus stops • Blk 157 (67 m) - 1 mins walk • Blk 153 (99 m) - 2 mins walk • Blk 158 (150 m) - 3 mins walk • 6 more walking distance bus stops within 500 m ⭑ Nearby Grocery Stores • newEcon - Lin Da Mini Supermart (MeiLing Street) (53 m) - 1 mins walk • #01-20 Supermarket (117 m) - 2 mins walk • Good Year Supermarket (306 m) - 5 mins walk • 2 more walking distance grocery stores within 500 m ⭑ Nearby Schools • Vietnam Language Centre (110 m) - 2 mins walk • V21 Learning Hub (129 m) - 2 mins walk • Mei Chin Primary School (199 m) - 3 mins walk • 6 more schools within 1 km ⭑ Nearby Parks • Kids Playground (602 m) - 6 mins drive • Commonwealth Park (662 m) - 4 mins drive • Park (739 m) - 7 mins drive • 6 more parks within 1 km Please call May Lin from 99.co @ +659388XXXX to arrange for a viewing.
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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Automated Valuation based on 5 HDB resale transactions (data.gov.sg) · 1 outliers removed (IQR)
Fair Value
S$252,166
S$350 psf
Asking Price
S$429,000
S$596 psf
vs Market
+70.1%
vs Last Done
+7.0%
Tenure
43 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
Low
5 comps
Nearest MRT
Queenstown
262m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
5 comparable transactions
S$543
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$350
Recent Comparable Transactions
5 shown · 5 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneFeb 2025 | Blk 154 MEI LING ST Floor 07 TO 09 | 721sqft | S$402,000 | ▲S$557 +59.1% vs FV | 99yr from 1970 |
Feb 2025 | Blk 154 MEI LING ST Floor 07 TO 09 | 721sqft | S$402,000 | ▲S$557 +59.1% vs FV | 99yr from 1970 |
Feb 2025 | Blk 154 MEI LING ST Floor 10 TO 12 | 721sqft | S$390,000 | ▲S$541 +54.6% vs FV | 99yr from 1970 |
Jan 2025 | Blk 154 MEI LING ST Floor 04 TO 06 | 721sqft | S$370,000 | ▲S$513 +46.6% vs FV | 99yr from 1970 |
Sep 2024 | Blk 154 MEI LING ST Floor 16 TO 18 | 721sqft | S$386,000 | ▲S$535 +52.9% vs FV | 99yr from 1970 |
Sep 2024 | Blk 154 MEI LING ST Floor 13 TO 15 | 721sqft | S$410,000 | ▲S$569 +62.6% vs FV | 99yr from 1970 |
Blk 154 MEI LING ST
Feb 2025 · Floor 07 TO 09
+59.1% vs FV
Blk 154 MEI LING ST
Feb 2025 · Floor 07 TO 09
+59.1% vs FV
Blk 154 MEI LING ST
Feb 2025 · Floor 10 TO 12
+54.6% vs FV
Blk 154 MEI LING ST
Jan 2025 · Floor 04 TO 06
+46.6% vs FV
Blk 154 MEI LING ST
Sep 2024 · Floor 16 TO 18
+52.9% vs FV
Blk 154 MEI LING ST
Sep 2024 · Floor 13 TO 15
+62.6% vs FV
HELIOS AI Analysis
The valuation of the HDB 3-room property in Queenstown, set at an estimated value of $252,166 or $350 PSF, reflects a significant market signal indicating an above-market position, with a striking 70.1% difference from the baseline. This premium valuation suggests that the property is currently favored in the competitive landscape of HDB transactions, despite the remaining lease of 43 years, which is a critical factor in assessing long-term investment viability.
Analysis based on five recent HDB resale transactions in the vicinity indicates that while the average pricing trends are generally stable, the Queenstown area remains an attractive proposition due to its strategic location and amenities. However, the low confidence level associated with this model suggests caution; it signals potential volatility in buyer sentiment and pricing power as the lease term diminishes. Investors should thus consider both the current market dynamics and the implications of the remaining lease period before proceeding with any potential acquisition.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.