Blk 148 Mei Ling Street — HDB resale prices
HDB resale prices, Queenstown · Executive · built 1994
median resale price, last 24 months
5 sales in that window · as of Sep 2026
How it compares
Blk 148 Mei Ling Street is an HDB block in Queenstown (completed in 1994, 25 storeys, 110 units). As of Sep 2026, its median resale price over the last 24 months is $1,350,000, about 59% above the Queenstown median, from 5 sales. 100 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): exec ×110
Prices by flat type — last 24 months (as of Sep 2026)
Median monthly rent at this block: $5,500/mo (1 rental contracts, last 12 months).
Estimated gross rental yield: ~4.9% (Queenstown average: ~4.7%) — annual median rent over median resale price, before taxes, fees and vacancy.
On price per square metre, this block is cheaper than 38% of Queenstown blocks with recent sales.
What the price model says
For a typical executive flat here, our price model estimates $1,181,789–$1,321,206 (central estimate $1,251,498). Recent sales — median $1,286,940 — sit within that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.
Median resale price by year
| Year | Median (nominal) | Median (today's $) | Sales |
|---|---|---|---|
| 1999 | $600,000 | $959,595 | 22 |
| 2000 | $677,500 | $1,069,122 | 9 |
| 2001 | $663,000 | $1,035,744 | 7 |
| 2002 | $613,000 | $961,399 | 5 |
| 2003 | $670,000 | $1,045,692 | 1 |
| 2004 | $650,000 | $997,793 | 3 |
| 2005 | $521,500 | $796,767 | 2 |
| 2006 | $538,500 | $814,869 | 6 |
| 2007 | $740,000 | $1,096,643 | 5 |
| 2008 | $808,000 | $1,122,905 | 3 |
| 2009 | $730,000 | $1,008,574 | 5 |
| 2010 | $790,000 | $1,061,444 | 6 |
| 2011 | $795,000 | $1,014,864 | 3 |
| 2016 | $990,000 | $1,180,836 | 1 |
| 2017 | $1,010,000 | $1,197,781 | 2 |
| 2018 | $1,080,000 | $1,275,206 | 5 |
| 2019 | $1,107,500 | $1,300,296 | 2 |
| 2020 | $1,030,000 | $1,211,391 | 3 |
| 2022 | $1,130,000 | $1,223,881 | 3 |
| 2023 | $1,140,000 | $1,177,784 | 2 |
| 2024 | $1,350,000 | $1,362,190 | 1 |
| 2025 | $1,350,000 | $1,350,000 | 1 |
| 2026 | $1,360,000 | $1,360,000 | 3 |
Records
| Record sale | $1,420,000 (Executive, 2026-09) |
|---|---|
| First recorded sale | $525,000 (1999-06) |
| Busiest year | 1999 · 22 sales |
| 10-year change (real) | +15% (+1.4%/yr, 2016→2026) |
| Total transacted | $76.6M across 100 sales |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2026-09 | Executive | 07–09 | 150 m² | $1,420,000 |
| 2026-02 | Executive | 04–06 | 145 m² | $1,360,000 |
| 2026-01 | Executive | 01–03 | 150 m² | $1,210,000 |
| 2025-05 | Executive | 10–12 | 145 m² | $1,350,000 |
| 2024-11 | Executive | 19–21 | 149 m² | $1,350,000 |
| 2023-03 | Executive | 01–03 | 150 m² | $1,180,000 |
| 2023-02 | Executive | 01–03 | 149 m² | $1,100,000 |
| 2022-09 | Executive | 22–24 | 156 m² | $1,250,000 |
| 2022-08 | Executive | 01–03 | 145 m² | $1,130,000 |
| 2022-02 | Executive | 01–03 | 149 m² | $1,080,000 |
| 2020-10 | Executive | 07–09 | 150 m² | $1,000,000 |
| 2020-07 | Executive | 07–09 | 149 m² | $1,055,000 |
| 2020-03 | Executive | 13–15 | 145 m² | $1,030,000 |
| 2019-07 | Executive | 19–21 | 147 m² | $1,150,000 |
| 2019-07 | Executive | 10–12 | 147 m² | $1,065,000 |
| 2018-12 | Executive | 04–06 | 145 m² | $970,000 |
| 2018-09 | Executive | 13–15 | 149 m² | $1,095,000 |
| 2018-07 | Executive | 19–21 | 149 m² | $1,150,000 |
| 2018-07 | Executive | 01–03 | 145 m² | $750,000 |
| 2018-04 | Executive | 13–15 | 150 m² | $1,080,000 |
Mei Ling Street blocks ranked by price
More blocks on Mei Ling Street
Quick answers
How much does a flat at Blk 148 Mei Ling Street cost?
The median resale price over the last 24 months is $1,350,000 (5 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.
Is Blk 148 Mei Ling Street fairly priced?
For a typical executive flat here, our price model estimates $1,181,789–$1,321,206 (central estimate $1,251,498). Recent sales — median $1,286,940 — sit within that range.
What is the rent at Blk 148 Mei Ling Street?
The median monthly rent is $5,500/mo over the last 12 months (1 contracts).
How old is Blk 148 Mei Ling Street?
The block was completed in 1994 and its 99-year lease runs from 1995.