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FairComparisons
D07 Golden Mile

MIDTOWN BAY

BEACH ROAD · District 07 · 99 yrs lease commencing from 2018

Median Price

S$2.2M

87 transactions

Price Range

S$1.3M - S$4.5M

Tenure

Leasehold

99 yrs lease commencing from 2

Avg Rent

S$8.14 psf

per month

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

26-30
S$3.4M
7 txns
21-25
S$2.5M
9 txns
16-20
S$2.3M
27 txns
06-10
S$2.1M
16 txns
11-15
S$1.7M
28 txns

Price by Unit Size

Size BandMedian PriceAvg SizeTransactions
Studio (<50 sqm)S$1.6M43 sqm31
1-Bed (50-70 sqm)S$2.3M68 sqm38
2-Bed (70-100 sqm)S$2.4M78 sqm16
3-Bed (100-130 sqm)S$4.4M123 sqm2

Current Listings

1-Bed sale

Georgia Hong · HUTTONS ASIA PTE LTD

S$1.4M

2-Bed sale

ARTHUR · EXCLUSIVE REAL ESTATE PTE. LTD.

S$2.4M

1-Bed sale

William Oo · ERA REALTY NETWORK PTE LTD

S$1.6M

1-Bed sale

Don Png · PROPSELLER PTE. LTD.

S$1.3M

3-Bed sale

Ashlyn Peh · PROPNEX REALTY PTE. LTD.

S$5M

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.