158 Mei Ling Street - 2 Units for Sale

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158 Mei Ling Street – PropertyGuru Market Pulse Insights

Recent search data shows the development continuing to attract browsing attention in the Alexandra / Commonwealth area, drawing on 30 days of PropertyGuru search activity. This project remains a visible part of the local property landscape as seekers evaluate residential options within this established neighborhood.

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

Pricing by Unit Types:

• 2-Bedroom Units:
  • Avg Asking Price: S$ 397K
  • Avg PSF: S$ 574 psf (70.59% lower compared to Alexandra / Commonwealth average of S$ 1,952 psf)
  • Available Units: 2

Key Takeaway: Market demand indicators point strongly towards the existing 2-bedroom configurations as the primary point of interest for those looking at this specific location. With only two units currently available, the limited inventory presents a highly accessible entry point into the district, especially given the significant price-per-square-foot discount relative to the broader area average. This substantial value gap compared to the regional benchmark suggests the property serves as a competitive alternative for budget-conscious buyers. Such a high-value proposition likely supports steady interest from seekers prioritizing affordability within a well-connected district.

Location & Lifestyle Highlights — 158 Mei Ling Street 680m (8 mins) to QUEENSTOWN MRT STATION — This station on the East-West Line provides a direct and efficient link to the Central Business District and Jurong East for daily commuters. 158 Mei Ling Street offers a practical and modern living environment that places residents right in the heart of a mature, well-connected neighborhood. It is a perfect spot for those who value efficiency and having everything they need for daily life just a short walk away. Nearby hotspots: MRT Stations:

• QUEENSTOWN MRT STATION (680m, 8 mins) — Direct access to the East-West Line makes traveling to Raffles Place or Changi Airport very straightforward.

Bus Stops (24 within 1 km):

• BLK 158 (98m, 1-2 mins) — Located almost at your doorstep, this stop offers immediate access to the local bus network for quick trips around the area.
• BLK 157 (212m, 2-3 mins) — Another very close option that adds more route choices for a convenient daily commute.

Education & Early Learning:

• PCF SPARKLETOTS PRESCHOOL @ QUEENSTOWN BLK 145 (CC) (398m, 4-5 mins) — A trusted early childhood education center located just a short walk away for young families.
• TRUE WAY PRESBYTERIAN KINDERGARTEN (465m, 5-6 mins) — Provides a nearby preschool option that makes the morning school run much easier for parents.
• QUEENSTOWN PRIMARY SCHOOL (885m, 10-11 mins) — A reputable local primary school within a manageable distance for growing children.

Healthcare & Wellness:

• MEI CHIN ROAD FOOD CENTRE (13m, 1 min) — While a food hub, its extreme proximity serves as a central community point for fresh meals and social wellness.
• QUEENSTOWN POLYCLINIC (1085m, 13-14 mins) — Essential public healthcare services are available nearby for regular check-ups and family medical needs.

Shopping & Retail:

• FAIRPRICE (451m, 5-6 mins) — This well-stocked supermarket is perfect for picking up fresh groceries and daily household essentials on the way home.
• ANCHOR POINT (1046m, 12-13 mins) — A popular boutique mall nearby that offers a variety of outlet shopping and unique retail finds.
• COLD STORAGE - ANCHOR POINT (1014m, 12-13 mins) — Provides a premium grocery shopping experience with a wide selection of international products.

Dining & Food:

• STIRLING SEAFOOD (645m, 7-8 mins) — A great local spot for family dinners and enjoying fresh seafood dishes close to home.
• OTOKO RAMEN (987m, 11-12 mins) — Offers a cozy dining option for those who enjoy authentic Japanese flavors in the neighborhood.
• BAKEHOUSE (988m, 11-12 mins) — A nice place to grab artisanal bread or enjoy a quiet brunch over the weekend.

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

Market & Rental Insights

158 Mei Ling Street demonstrates a profile of capital appreciation and high rental returns, supported by recent transaction activity.

• PSF Appreciation: S$500 → S$514 over recent years (+2.8%) from 2023 - 2026.
• Expected Rental Yield: At 9.86%, this reflects a strong return for investors.
• Transactions: 1 rental transaction in the last 6 months and 1 sale transaction in the last 12 months, showing modest rental and limited sale activity.
• PG Pulse Insight: With a 2.8% PSF growth and a strong rental yield of 9.86%, the project offers a compelling investment profile despite limited transaction volume.

Published date: July 1, 2026