157 Mei Ling Street - 1 Units for Sale

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157 Mei Ling Street – PropertyGuru Market Pulse Insights

Current search behaviour keeps the development in view within the local property market, drawing on 30 days of PropertyGuru search activity. Within the Alexandra / Commonwealth market, this project continues to surface in recent search activity among people exploring the area.

Popular preferences: Gym, Tennis Court, Corner Unit, Renovated, Balcony

Pricing by Unit Types:

• 2-Bedroom Units:
  • Avg Asking Price: S$ 418K
  • Avg PSF: S$ 563 psf (71.49% lower compared to Alexandra / Commonwealth average of S$ 1,976 psf)
  • Available Units: 1

Key Takeaway: Market demand indicators point strongly towards the 2-Bedroom configurations as the primary focus for buyer interest in this development. With only a single unit currently listed, the tighter inventory profile aligns with a highly competitive entry point for the area. The property represents significant value, priced at a substantial discount relative to the broader Alexandra / Commonwealth average. This selective supply-demand dynamic is likely to support steady attention from buyers seeking affordability in a prime location.

Location & Lifestyle Highlights — 157 Mei Ling Street 630m (8 mins) to QUEENSTOWN MRT STATION — This station provides a direct link to the East-West Line, making it very easy to reach the Central Business District and Jurong East within minutes. Living at 157 Mei Ling Street puts you right in the heart of a mature estate where everything you need is just a short walk away. It is a perfect spot for those who value a practical, well-connected lifestyle in a settled neighbourhood with a great mix of old-school charm and modern amenities. Nearby hotspots: MRT Stations:

• QUEENSTOWN MRT STATION (630m, 8 mins) — Direct access to the East-West Line ensures a smooth commute to Raffles Place and other key employment hubs.

Bus Stops (27 within 1 km):

• BLK 158 (53m, 1 min) — Extremely convenient bus stop right at your doorstep for quick local travel.
• BLK 157 (168m, 2-3 mins) — Nearby bus services offer additional routes for getting around the Queenstown area effortlessly.

Education & Early Learning:

• PCF SPARKLETOTS PRESCHOOL @ QUEENSTOWN BLK 145 (CC) (354m, 4-5 mins) — Reliable early childhood education located just a short walk away for young families.
• TRUE WAY PRESBYTERIAN KINDERGARTEN (420m, 5-6 mins) — Established preschool option providing convenient childcare within the immediate neighbourhood.
• QUEENSTOWN PRIMARY SCHOOL (840m, 10-11 mins) — Reputable primary education nearby, making the morning school run much more manageable.

Healthcare & Wellness:

• MEI CHIN ROAD FOOD CENTRE (59m, 1 min) — Located just steps away for easy access to affordable daily meals and a vibrant community atmosphere.
• QUEENSTOWN POLYCLINIC (1041m, 12-13 mins) — Essential public healthcare services and medical consultations available within the local district.
• UNITY (1070m, 12-13 mins) — Trusted pharmacy nearby for all your daily health and wellness necessities.

Shopping & Retail:

• FAIRPRICE (407m, 4-5 mins) — Quick walk for groceries and household essentials at this well-stocked supermarket.
• QUEENSWAY TOWER (968m, 11-12 mins) — Famous local destination for sports gear and specialized retail finds.
• COLD STORAGE - ANCHOR POINT (970m, 11-12 mins) — Premium grocery shopping option for a wider variety of international products.

Dining & Food:

• STIRLING SEAFOOD (601m, 7-8 mins) — Popular local dining spot perfect for family dinners and fresh seafood lovers.
• OTOKO RAMEN (945m, 11-12 mins) — Quality Japanese dining option located within a comfortable walking distance for a weekend treat.
• BAKEHOUSE (946m, 11-12 mins) — Relaxed cafe setting ideal for brunch or a quick coffee break in the neighbourhood.

Highly attractive for: Young Families, Urban Professionals, Investors

Market & Rental Insights

157 Mei Ling Street demonstrates a profile of significant capital appreciation and high rental efficiency within the local market.

• PSF Appreciation:S$498 → S$555 over recent years (+11.45%) from 2023 - 2026.
• Expected Rental Yield: At 8.88%, this reflects a strong return for investors.
• Transactions:5 rental transactions in the last 6 months and 2 sale transactions in the last 12 months, showing modest rental activity and limited sale activity.
• PG Pulse Insight: With a strong rental yield of 8.88% and double-digit PSF growth, 157 Mei Ling Street presents a compelling case for yield-focused investors despite modest transaction volumes.

Published date: November 2, 2026