MIDTOWN BAY
BEACH ROAD · District 07 · 99 yrs lease commencing from 2018
Median Price
S$2.2M
Price Range
S$1.3M - S$4.5M
Tenure
Leasehold
Avg Rent
S$8.14 psf
MIDTOWN BAY Price Analysis
MIDTOWN BAY is a leasehold development on BEACH ROAD in District 07 (Golden Mile). According to URA transaction records, 87 private residential transactions have been recorded at this development, with a median price of S$2,173,900. Prices range from S$1.3M for the smallest units to S$4.5M for premium configurations.
The development offers units across 4 size categories. The most traded segment is studio (<50 sqm) at a median of S$1,558,100. Larger units (3-bed (100-130 sqm)) trade at S$4,444,000, reflecting the premium for additional space.
Floor level significantly impacts pricing at MIDTOWN BAY. High-floor units (26-30) command a median of S$3,427,380, while low-floor units (11-15) sell for S$1,707,350. That is a 101% premium for higher floors, worth S$1.7M in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.
On the rental side, MIDTOWN BAY commands an average of S$8.14 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 3.9%.
Price Trend
Median transaction price by contract month.
Source: URA Private Residential Property Transactions
Price by Floor Level
Price by Unit Size
| Size Band | Median Price | Avg Size | Transactions |
|---|---|---|---|
| Studio (<50 sqm) | S$1.6M | 43 sqm | 31 |
| 1-Bed (50-70 sqm) | S$2.3M | 68 sqm | 38 |
| 2-Bed (70-100 sqm) | S$2.4M | 78 sqm | 16 |
| 3-Bed (100-130 sqm) | S$4.4M | 123 sqm | 2 |
Current Listings
1-Bed sale
Georgia Hong · HUTTONS ASIA PTE LTD
2-Bed sale
ARTHUR · EXCLUSIVE REAL ESTATE PTE. LTD.
1-Bed sale
William Oo · ERA REALTY NETWORK PTE LTD
1-Bed sale
Don Png · PROPSELLER PTE. LTD.
3-Bed sale
Ashlyn Peh · PROPNEX REALTY PTE. LTD.
FAQ
What is the average price of MIDTOWN BAY?
The median transaction price at MIDTOWN BAY is S$2,173,900, based on 87 URA-recorded transactions. Prices range from S$1.3M to S$4.5M.
Does floor level affect prices at MIDTOWN BAY?
Yes. High-floor units (26-30) sell for a median of S$3,427,380, while low-floor units (11-15) sell for S$1,707,350. That is a 101% premium for higher floors.
What is the rental rate at MIDTOWN BAY?
The average rental rate at MIDTOWN BAY is approximately S$8.14 per square foot per month, based on URA median rental data.
Source: URA Private Residential Property Transactions. Analysis by FairComparisons.