MIDWOOD
HILLVIEW RISE · District 23 · 99 yrs lease commencing from 2018
Median Price
S$1.3M
Price Range
S$771K - S$2.5M
Tenure
Leasehold
Avg Rent
S$5.84 psf
MIDWOOD Price Analysis
MIDWOOD is a leasehold development on HILLVIEW RISE in District 23 (Bukit Panjang). According to URA transaction records, 493 private residential transactions have been recorded at this development, with a median price of S$1,268,000. Prices range from S$771K for the smallest units to S$2.5M for premium configurations.
The development offers units across 4 size categories. The most traded segment is studio (<50 sqm) at a median of S$856,000. Larger units (3-bed (100-130 sqm)) trade at S$2,059,000, reflecting the premium for additional space.
Floor level significantly impacts pricing at MIDWOOD. High-floor units (06-10) command a median of S$1,385,000, while low-floor units (16-20) sell for S$1,247,500. That is a 11% premium for higher floors, worth S$138K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.
On the rental side, MIDWOOD commands an average of S$5.84 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 4.8%.
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$856K | 45 sqm | 81 |
| 1-Bed (50-70 sqm) | S$1.2M | 61 sqm | 187 |
| 2-Bed (70-100 sqm) | S$1.5M | 83 sqm | 166 |
| 3-Bed (100-130 sqm) | S$2.1M | 116 sqm | 59 |
Current Listings
2-Bed sale
Jeffrey Koh · PROPNEX REALTY PTE. LTD.
1-Bed sale
Jessica Soo · ORANGETEE & TIE PTE. LTD.
FAQ
What is the average price of MIDWOOD?
The median transaction price at MIDWOOD is S$1,268,000, based on 493 URA-recorded transactions. Prices range from S$771K to S$2.5M.
Does floor level affect prices at MIDWOOD?
Yes. High-floor units (06-10) sell for a median of S$1,385,000, while low-floor units (16-20) sell for S$1,247,500. That is a 11% premium for higher floors.
What is the rental rate at MIDWOOD?
The average rental rate at MIDWOOD is approximately S$5.84 per square foot per month, based on URA median rental data.
Source: URA Private Residential Property Transactions. Analysis by FairComparisons.