152 Mei Ling Street - 2 Units for Sale

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152 Mei Ling Street – PropertyGuru Market Pulse Insights

The development continues to feature in recent search behaviour across the Alexandra / Commonwealth market, drawing on 30 days of PropertyGuru search activity. This property remains part of the current local search landscape for active property seekers, maintaining a visible presence in the area's property browsing mix.

Popular preferences: Corner Unit, Tennis Court, Gym, Balcony, Air-Conditioning, Bathtub, Terrace, Maidsroom

Pricing by Unit Types:

• 2-Bedroom Units:
  • Avg Asking Price: S$ 399K
  • Avg PSF: S$ 553 psf (71.43% lower compared to Alexandra / Commonwealth average of S$ 1,937 psf)
  • Available Units: 1

Key Takeaway: Market demand indicators point toward a specific interest in the 2-Bedroom configurations which currently represent the available inventory. With only a single unit listed, the property occupies a selective position that offers significant value compared to the broader district average. This substantial price gap relative to the Alexandra / Commonwealth benchmark suggests a highly competitive entry point for seekers. Such a supply-demand dynamic may support steady attention from budget-conscious buyers looking for established residential options.

Location & Lifestyle Highlights — 152 Mei Ling Street

680m (8 mins) to QUEENSTOWN MRT STATION — Direct access to the East-West Line makes commuting to the CBD or Changi Airport incredibly straightforward for daily travelers.

152 Mei Ling Street offers a practical and efficient living environment in a mature estate known for its balance of heritage and modern convenience. This location is perfect for those who value being close to the city while enjoying a well-established neighborhood with everything within reach.

Nearby hotspots:

Bus Stops (34 within 1 km):

• BLK 153 (47m, 1 min) — Just a few steps away, providing immediate access to local bus routes for quick trips around the estate.
• BLK 163 (215m, 2-3 mins) — Convenient secondary stop that links you easily to the wider public transport network.

Education & Early Learning:

• PCF SPARKLETOTS PRESCHOOL @ QUEENSTOWN BLK 145 (CC) (357m, 4-5 mins) — Reliable early childhood education located very close to home for young families.
• TRUE WAY PRESBYTERIAN KINDERGARTEN (467m, 5-6 mins) — Well-established preschool option within easy walking distance for a stress-free morning drop-off.
• QUEENSTOWN PRIMARY SCHOOL (854m, 10-11 mins) — Reputable local primary education situated nearby, making it a solid choice for school-going children.

Healthcare & Wellness:

• MEI CHIN ROAD FOOD CENTRE (340m, 4-5 mins) — Great spot for affordable local meals and a central point for the community's daily needs.
• QUEENSTOWN POLYCLINIC (721m, 8-9 mins) — Essential public healthcare services are nearby for routine medical check-ups and family wellness.

Shopping & Retail:

• FAIRPRICE (388m, 4-5 mins) — Your go-to for daily groceries and household essentials is just a short walk away.
• COLD STORAGE - ANCHOR POINT (952m, 11-12 mins) — Premium grocery shopping option for a wider variety of international and fresh produce.
• ANCHOR POINT (983m, 11-12 mins) — Popular boutique mall nearby offering a mix of outlet shopping and lifestyle services.

Dining & Food:

• STIRLING SEAFOOD (583m, 6-7 mins) — Local dining favorite perfect for family dinners or casual weekend meals.
• OTOKO RAMEN (924m, 11-12 mins) — Quality specialty dining nearby for those looking for a quick and delicious Japanese meal.
• BAKEHOUSE (925m, 11-12 mins) — Cozy spot for artisanal bakes and coffee, ideal for a relaxed afternoon break.

Highly attractive for: Young Couples, Urban Professionals, Growing Families, Savvy Investors

Market & Rental Insights

152 Mei Ling Street presents a market profile characterized by high rental efficiency and a recent adjustment in capital values.

• PSF Appreciation: S$451 → S$421 over recent years (-6.65%) from 2023 - 2026.
• Expected Rental Yield: At 9.89%, this reflects a strong return for investors.
• Transactions: 4 rental transactions in the last 6 months and 1 sale transactions in the last 12 months, showing modest rental and limited sale activity.
• PG Pulse Insight: While PSF has seen a downward trend, the project maintains a strong rental yield and modest rental activity, highlighting its primary appeal as a high-yielding rental asset.

Published date: June 16, 2026