157 Mei Ling Street - 2 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, the property continues to surface in browsing patterns as buyers evaluate available HDB options.

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

Pricing by Unit Types:

• 2-Bedroom Units:
  • Avg Asking Price: S$ 480K
  • Avg PSF: S$ 646 psf (66.25% lower compared to Alexandra / Commonwealth average of S$ 1,914 psf)
  • Available Units: 2

Key Takeaway: Buyer interest in this development is currently concentrated on the 2-Bedroom configurations which offer a significant value proposition. With pricing sitting 66.25% lower than the broader district average, the project represents a highly competitive entry point into the area. The limited inventory of just 2 units suggests a tight supply that may appeal to budget-conscious seekers looking for specific features like renovated interiors or corner units. This pricing discipline relative to the local market likely sustains its visibility among active participants.

Location & Lifestyle Highlights — 157 Mei Ling Street 630m (8 mins) to QUEENSTOWN MRT STATION — Direct link to the East-West Line provides a quick and efficient commute to the CBD and Jurong East business hubs. Living at 157 Mei Ling Street puts you right in the heart of a mature estate where daily essentials and transport links are just a short stroll away. It is a practical choice for those who value a settled neighborhood with a modern, efficient connection to the rest of the city. Nearby hotspots: MRT Stations:

• QUEENSTOWN MRT STATION (630m, 8 mins) — Access to the primary rail network makes traveling across Singapore straightforward and fast.

Bus Stops (27 within 1 km):

• BLK 158 (53m, 1 min) — Immediate access to local bus services right at your doorstep for easy neighborhood travel.
• BLK 157 (168m, 2-3 mins) — Convenient secondary bus point serving multiple routes for daily commuters.

Education & Early Learning:

• PCF SPARKLETOTS PRESCHOOL @ QUEENSTOWN BLK 145 (CC) (354m, 4-5 mins) — Reliable early childhood education located very close to home for young families.
• TRUE WAY PRESBYTERIAN KINDERGARTEN (420m, 5-6 mins) — Established preschool option within easy walking distance for parents.
• QUEENSTOWN PRIMARY SCHOOL (841m, 10-11 mins) — Reputable primary education nearby supporting the needs of growing households.

Healthcare & Wellness:

• MEI CHIN ROAD FOOD CENTRE (59m, 1 min) — Ultra-convenient access to fresh market produce and local wellness essentials.
• QUEENSTOWN POLYCLINIC (1041m, 12-13 mins) — Comprehensive public healthcare services available for routine medical check-ups.

Shopping & Retail:

• FAIRPRICE (407m, 4-5 mins) — Nearby supermarket makes grabbing daily groceries and household supplies quick and effortless.
• QUEENSWAY TOWER (965m, 11-12 mins) — Iconic local mall famous for sports apparel and specialty retail finds.
• ANCHOR POINT (1001m, 12-13 mins) — Popular boutique shopping destination featuring outlet stores and lifestyle brands.

Dining & Food:

• STIRLING SEAFOOD (601m, 7-8 mins) — Local dining spot perfect for family dinners and fresh seafood lovers.
• BAKEHOUSE (943m, 11-12 mins) — Trendy cafe nearby offering artisanal bakes and a relaxed atmosphere for weekend brunch.
• OTOKO RAMEN (943m, 11-12 mins) — Quality Japanese dining option within the neighborhood for a variety of culinary choices.

Highly attractive for: Young Couples, 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: August 2, 2026