Blk 131 Clarence Lane is an HDB block in Queenstown (completed in 1994, 16 storeys, 59 units). As of Jul 2026, its median resale price over the last 24 months is $1,204,000, about 26% above the Queenstown median, from 2 sales. 48 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Queenstown |
|---|---|
| Completed | 1994 |
| Lease from | 1996 |
| Storeys | 16 |
| Dwelling units | 59 |
| Unit mix (sold) | 5-room ×59 |
| Recorded resales | 48 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 5-Room | $1,204,000 | $9,799/m² | 2 |
Median monthly rent at this block: $4,700/mo (3 rental contracts, last 12 months).
Estimated gross rental yield: ~4.7% (Queenstown average: ~4.4%) — annual median rent over median resale price, before taxes, fees and vacancy.
On price per square metre, this block is cheaper than 31% of Queenstown blocks with recent sales.
For a typical 5-room flat here, our price model estimates $861,914–$964,175 (central estimate $913,044). Recent sales — median $1,072,249 — sit above that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.
| Year | Median (nominal) | Median (today's $) | Sales |
|---|---|---|---|
| 1999 | $532,500 | $851,640 | 2 |
| 2000 | $528,000 | $833,205 | 9 |
| 2001 | $532,000 | $831,095 | 1 |
| 2002 | $518,000 | $812,406 | 1 |
| 2003 | $484,000 | $755,395 | 2 |
| 2004 | $468,000 | $718,411 | 3 |
| 2005 | $462,000 | $705,861 | 2 |
| 2006 | $485,000 | $733,912 | 3 |
| 2007 | $530,000 | $785,433 | 7 |
| 2008 | $650,000 | $903,327 | 3 |
| 2009 | $625,000 | $863,505 | 1 |
| 2010 | $770,000 | $1,034,572 | 1 |
| 2011 | $800,000 | $1,021,247 | 1 |
| 2012 | $812,500 | $991,770 | 2 |
| 2013 | $818,000 | $975,427 | 1 |
| 2014 | $860,000 | $1,015,014 | 1 |
| 2017 | $860,000 | $1,019,893 | 1 |
| 2019 | $950,000 | $1,115,378 | 1 |
| 2021 | $955,000 | $1,097,759 | 1 |
| 2022 | $975,000 | $1,056,003 | 3 |
| 2025 | $1,148,000 | $1,148,000 | 1 |
| 2026 | $1,260,000 | $1,260,000 | 1 |
| Record sale | $1,260,000 (5-Room, 2026-05) |
|---|---|
| First recorded sale | $520,000 (1999-12) |
| Busiest year | 2000 · 9 sales |
| Total transacted | $30.9M across 48 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2026-05 | 5-Room | 10 TO 12 | 121 | $1,260,000 |
| 2025-01 | 5-Room | 07 TO 09 | 125 | $1,148,000 |
| 2022-02 | 5-Room | 04 TO 06 | 122 | $975,000 |
| 2022-02 | 5-Room | 10 TO 12 | 134 | $990,000 |
| 2022-01 | 5-Room | 01 TO 03 | 125 | $940,000 |
| 2021-02 | 5-Room | 10 TO 12 | 122 | $955,000 |
| 2019-06 | 5-Room | 07 TO 09 | 133 | $950,000 |
| 2017-12 | 5-Room | 07 TO 09 | 122 | $860,000 |
| 2014-07 | 5-Room | 01 TO 03 | 122 | $860,000 |
| 2013-01 | 5-Room | 04 TO 06 | 122 | $818,000 |
| 2012-12 | 5-Room | 01 TO 03 | 125 | $805,000 |
| 2012-04 | 5-Room | 01 TO 05 | 121 | $820,000 |
| 2011-10 | 5-Room | 13 TO 15 | 121 | $800,000 |
| 2010-04 | 5-Room | 10 TO 12 | 134 | $770,000 |
| 2009-10 | 5-Room | 01 TO 03 | 125 | $625,000 |
| 2008-11 | 5-Room | 07 TO 09 | 133 | $690,000 |
| 2008-09 | 5-Room | 01 TO 03 | 125 | $630,000 |
| 2008-02 | 5-Room | 07 TO 09 | 133 | $650,000 |
| 2007-11 | 5-Room | 13 TO 15 | 121 | $645,000 |
| 2007-10 | 5-Room | 16 TO 18 | 121 | $650,000 |
| Block | Median (24 mo) | Median $/m² |
|---|---|---|
| 1. Blk 133 | $1,300,000 | $10,744/m² |
| 2. Blk 131 | $1,204,000 | $9,799/m² |
| 3. Blk 132 | $1,188,888 | $9,826/m² |
| 4. Blk 130 | $1,013,000 | $9,740/m² |
| 5. Blk 129 | $950,000 | $9,135/m² |
The median resale price over the last 24 months is $1,204,000 (2 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.
For a typical 5-room flat here, our price model estimates $861,914–$964,175 (central estimate $913,044). Recent sales — median $1,072,249 — sit above that range.
The median monthly rent is $4,700/mo over the last 12 months (3 contracts).
The block was completed in 1994 and its 99-year lease runs from 1996.