Blk 148 Mei Ling St is an HDB block in Queenstown (completed in 1994, 25 storeys, 110 units). As of Jul 2026, its median resale price over the last 24 months is $1,350,000, about 42% above the Queenstown median, from 4 sales. 99 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Queenstown |
|---|---|
| Completed | 1994 |
| Lease from | 1995 |
| Storeys | 25 |
| Dwelling units | 110 |
| Unit mix (sold) | exec ×110 |
| Recorded resales | 99 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| Executive | $1,350,000 | $9,185/m² | 4 |
Median monthly rent at this block: $5,500/mo (1 rental contracts, last 12 months).
Estimated gross rental yield: ~4.9% (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 38% of Queenstown blocks with recent sales.
For a typical executive flat here, our price model estimates $1,119,134–$1,251,912 (central estimate $1,185,523). Recent sales — median $1,223,881 — sit within 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 | $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 | $1,285,000 | $1,285,000 | 2 |
| Record sale | $1,360,000 (Executive, 2026-02) |
|---|---|
| First recorded sale | $525,000 (1999-06) |
| Busiest year | 1999 · 22 sales |
| 10-year change (real) | +9% (+0.8%/yr, 2016→2026) |
| Total transacted | $75.2M across 99 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2026-02 | Executive | 04 TO 06 | 145 | $1,360,000 |
| 2026-01 | Executive | 01 TO 03 | 150 | $1,210,000 |
| 2025-05 | Executive | 10 TO 12 | 145 | $1,350,000 |
| 2024-11 | Executive | 19 TO 21 | 149 | $1,350,000 |
| 2023-03 | Executive | 01 TO 03 | 150 | $1,180,000 |
| 2023-02 | Executive | 01 TO 03 | 149 | $1,100,000 |
| 2022-09 | Executive | 22 TO 24 | 156 | $1,250,000 |
| 2022-08 | Executive | 01 TO 03 | 145 | $1,130,000 |
| 2022-02 | Executive | 01 TO 03 | 149 | $1,080,000 |
| 2020-10 | Executive | 07 TO 09 | 150 | $1,000,000 |
| 2020-07 | Executive | 07 TO 09 | 149 | $1,055,000 |
| 2020-03 | Executive | 13 TO 15 | 145 | $1,030,000 |
| 2019-07 | Executive | 10 TO 12 | 147 | $1,065,000 |
| 2019-07 | Executive | 19 TO 21 | 147 | $1,150,000 |
| 2018-12 | Executive | 04 TO 06 | 145 | $970,000 |
| 2018-09 | Executive | 13 TO 15 | 149 | $1,095,000 |
| 2018-07 | Executive | 01 TO 03 | 145 | $750,000 |
| 2018-07 | Executive | 19 TO 21 | 149 | $1,150,000 |
| 2018-04 | Executive | 13 TO 15 | 150 | $1,080,000 |
| 2017-07 | Executive | 01 TO 03 | 150 | $860,000 |
| Block | Median (24 mo) | Median $/m² |
|---|---|---|
| 1. Blk 147 | $1,510,000 | $10,342/m² |
| 2. Blk 148 | $1,350,000 | $9,185/m² |
| 3. Blk 150 | $1,310,250 | $9,150/m² |
| 4. Blk 146 | $1,230,000 | $9,318/m² |
| 5. Blk 143 | $1,100,000 | $8,661/m² |
| 6. Blk 160 | $479,444 | $6,173/m² |
| 7. Blk 161 | $448,000 | $6,222/m² |
| 8. Blk 157 | $416,000 | $6,029/m² |
| 9. Blk 153 | $410,000 | $5,913/m² |
| 10. Blk 158 | $409,500 | $6,205/m² |
| 11. Blk 162 | $405,000 | $5,379/m² |
| 12. Blk 154 | $402,000 | $6,000/m² |
| 13. Blk 152 | $372,000 | $5,011/m² |
The median resale price over the last 24 months is $1,350,000 (4 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.
For a typical executive flat here, our price model estimates $1,119,134–$1,251,912 (central estimate $1,185,523). Recent sales — median $1,223,881 — sit within that range.
The median monthly rent is $5,500/mo over the last 12 months (1 contracts).
The block was completed in 1994 and its 99-year lease runs from 1995.