Block 162 Mei Ling St
162 Mei Ling St, Singapore 140162
Block 162 Mei Ling St is an HDB block in Queenstown, completed in 1969, with 100 dwelling units. Across 124 resales on record, 3-Room flats have recently resold around S$325k (S$457 psf, 66 sqm). The lease has approximately 43 years remaining.
What are the key facts about Block 162 Mei Ling St?
Block 162 Mei Ling St is an HDB block in Queenstown, completed in 1969, with 100 dwelling units.
- Town
- Queenstown
- Planning area
- Queenstown
- Completed
- 1969
- Storeys
- 12
- Total units
- 100
- Flat model
- Improved
- Market segment
- RCR
- Median resale
- S$325k
- Last transacted
- Nov 2025
- Remaining lease
- ≈ 43 years
What are resale prices at Block 162 Mei Ling St?
3-Room flats have recently resold around S$325k (S$457 psf), from 124 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 3-Room | 124 | S$325,000recent | 66 sqm | S$457 psf |
Live now: 7 flats listed for sale at this block (median asking S$360k) — search all listings.
“Recent” medians use the latest transactions; for older blocks the all-time median spans 30+ years and understates today’s price. Source: HDB resale caveats, through Nov 2025.
What rent and yield does Block 162 Mei Ling St get?
Flats at Block 162 Mei Ling St have recently sublet for a median of S$2,900/mo, an indicative gross rental yield of about 10.7% (from 24 recent rental contracts).
Median rent
S$2,900/mo
24 recent contracts
Gross rental yield
10.7%
indicative, gross
Annual rent
S$34,800
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| 3-Room | 24 | S$2,900/mo |
HDB subletting requires the flat owner to have met the 5-year Minimum Occupation Period (MOP), so the rental sample per block is small — treat the yield as indicative. Latest contract May 2026. Source: HDB rental (subletting) data.
What has recently sold at Block 162 Mei Ling St?
Block 162 Mei Ling St has 124 recorded resales; the most recent transacted at S$355,000 in Nov 2025 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Nov 2025 | 3-Room | 01 TO 03 | 66 sqm | S$355,000 |
| May 2025 | 3-Room | 10 TO 12 | 66 sqm | S$415,000 |
| Mar 2025 | 3-Room | 01 TO 03 | 76 sqm | S$405,000 |
| Dec 2023 | 3-Room | 04 TO 06 | 76 sqm | S$387,000 |
| Aug 2023 | 3-Room | 10 TO 12 | 66 sqm | S$343,000 |
| Aug 2022 | 3-Room | 07 TO 09 | 66 sqm | S$320,000 |
| Jun 2022 | 3-Room | 10 TO 12 | 66 sqm | S$310,000 |
| Feb 2022 | 3-Room | 10 TO 12 | 66 sqm | S$310,000 |
| Feb 2022 | 3-Room | 04 TO 06 | 66 sqm | S$310,000 |
| Oct 2021 | 3-Room | 07 TO 09 | 66 sqm | S$325,000 |
| May 2021 | 3-Room | 07 TO 09 | 66 sqm | S$296,000 |
| Mar 2021 | 3-Room | 10 TO 12 | 66 sqm | S$330,000 |
What flat types are in Block 162 Mei Ling St?
Block 162 Mei Ling St has 100 units, mostly 3-Room flats of the Improved model.
Unit stock by flat type, from the HDB property information dataset.
Where is Block 162 Mei Ling St?
Block 162 Mei Ling St is an HDB block in Queenstown.
Block 162 Mei Ling St is an HDB block located along Mei Ling St. The block is recorded as completed around 1969, with up to 12 storeys. It has an estimated 100 residential units based on the HDB property information dataset. Flat types in the block include 3-room units.
The address is Block 162 Mei Ling St, Singapore 140162. It is part of District 03, Queenstown / Tiong Bahru, the Queenstown planning area. The block falls within the Central Region and the RCR market segment.
The nearest rail connection is Queenstown MRT, approximately 440m away, around 7 minutes on foot. Nearby amenities include Anchorpoint for shopping, NTUC Fairprice Co-operative Ltd for groceries, Blk 159 Mei Chin Road for food options, Queenstown Polyclinic for polyclinic services, and Queenstown Community Centre for community facilities.
How far is Block 162 Mei Ling St from MRT and schools?
The nearest MRT/LRT to Block 162 Mei Ling St is Queenstown MRT, about 440 m away (~7 min walk). 3 schools are within 1 km, including 2 primary schools.
Getting around
- Queenstown MRT440 m · ~7 min
Schools nearby
Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Queenstown Primary SchoolPrimary schoolwithin 1 km · P1 priority640 m
- New Town Primary SchoolPrimary schoolwithin 1 km · P1 priority877 m
- Queensway Secondary SchoolSecondary schoolwithin 1 km889 m
- Queenstown Secondary SchoolSecondary school1.2 km
- Bukit Merah Secondary SchoolSecondary school1.4 km
- Gan Eng Seng Primary SchoolPrimary school1.6 km
- Crescent Girls' SchoolSecondary school1.6 km
- Blangah Rise Primary SchoolPrimary school1.9 km
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at Block 162 Mei Ling St?
Buying a flat at Block 162 Mei Ling St (~S$325k) needs about S$2,591/mo in income and S$1,220/mo in repayments, after S$4,700 stamp duty and a S$81k downpayment.
Illustrative, for a buyer at the recent median resale price (S$325k) — 25% downpayment (bank-loan basis), 25-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →
Buyer's Stamp Duty
S$4,700
BSD, tiered
Downpayment (25%)
S$81k
cash + CPF
Monthly instalment
S$1,220/mo
25y @ 3.5%
Income required
S$2,591/mo
MSR/TDSR @ stress rate
First-time HDB buyers pay no Additional Buyer’s Stamp Duty (ABSD) and may qualify for CPF Housing Grants of up to S$80,000+, which lower the cash required — these are not included above. An HDB concessionary loan also allows a smaller downpayment.
Wondering whether it will hold its value? See do HDB flats actually make money? →
Eyeing Block 162 Mei Ling St? Ask what it's worth.
Recent transacted prices, what's nearby, and whether an asking price is fair.
PropKakiRecent sales at Block 162 Mei Ling St land close to the town median — fair value, no big premium.
Frequently asked questions about Block 162 Mei Ling St
How much does a 3-Room flat at Block 162 Mei Ling St cost?⌄
3-Room flats at Block 162 Mei Ling St have recently resold for a median of about S$325k (S$457 psf), from 124 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
Is Block 162 Mei Ling St worth buying given its remaining lease?⌄
Block 162 Mei Ling St has about 43 years left on its 99-year lease (completed 1969). Below ~60 years, CPF usage and the maximum loan start to taper with the buyer's age, so check financing before committing. The figure is taken from the most recent transacted flat.
What is the rental yield at Block 162 Mei Ling St?⌄
Gross rental yield at Block 162 Mei Ling St is about 10.7%, based on a median subletting rent of about S$2,900/mo against a resale price of about S$325k. HDB subletting requires the owner to have met the 5-year MOP, so the per-block sample is small — treat this as indicative.
How much do I need to earn to buy a flat at Block 162 Mei Ling St?⌄
For a flat at about S$325k on a 25-year HDB-style loan, you'd need roughly S$2,591/mo in household income, with repayments around S$1,220/mo after a S$81k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.
What is the nearest MRT to Block 162 Mei Ling St?⌄
The nearest MRT/LRT station to Block 162 Mei Ling St is Queenstown MRT, about 440 m away (~7 min walk).
Which primary schools are within 1 km of Block 162 Mei Ling St?⌄
Queenstown Primary School, New Town Primary School are within 1 km of Block 162 Mei Ling St — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.