Rent vs D07 +1.1%
Rents near district median
Midtown Bay's latest 12-month median rent is $4,750 compared with the D07 median of $4,700 for the same period. Use this district check before narrowing by bedroom and area band.
Midtown Bay rent and sale price
D07 / Middle Road, Golden Mile
Address 122 Beach Road Midtown Bay Singapore 189770
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Quick summary about Midtown Bay
Midtown Bay is a 99-year leasehold apartment in D07 / Middle Road, Golden Mile. The page currently tracks 120 rentals and 90 sales.
- Latest 12M median rent is $4,750 per month from 97 rentals. The bedroom and floor-area tables below show the full loaded history.
- Latest 12M median sale price is $2,475,000, with median sale PSF at $3,198 psf from 10 sales.
- Rent is flat over the last 3 months. Sale PSF is down 10.9% over the last 3 months.
Midtown Bay Market Brief
Compare the project with D07 across rent, sale PSF, tenure and transaction activity.
Compared with D07
Sale PSF vs D07 +37.5%
Sale PSF above district median
Midtown Bay's latest 12-month median sale PSF is $3,198 psf versus the D07 median of $2,326 psf for the same period. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 2.30%
Rent support below district screen
Gross yield is roughly 2.30% versus a D07 screen of 3.04%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 82.0% spread
Rent is uneven
Recent median rents vary a lot, usually because unit mix differs month to month.
Market activity -5.9%
Activity is steady
Recent transaction volume is close to the prior 6-month view.
Tenure lens 99-year leasehold
Leasehold comparison needed
99-year leasehold from 2018 matters most on sale price. Compare Midtown Bay against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Before you decide
Latest 12M median rent $4,750
Is the asking rent fair?
$4,500 to $5,000 is the first fair-rent band to check. Above $5,000 should have a visible reason.
Latest 12M median sale PSF $3,198 psf
Is the purchase price fair?
$2,400,000 to $2,550,000 and $3,100 to $3,290 psf are the first sale checks before adjusting for floor, size, view and condition.
1 bed rent $4,300
Are similar units renting for more?
1 bed and 400 to 500 sqft give the closest unit-size checks.
Rent stability 82.0% spread
Is rent stable here?
Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.
Transaction volume -5.9%
Is activity rising?
Activity is steady. Recent transaction volume is close to the prior 6-month view.
Midtown Bay Project Facts
Project-level details from URA records and local enrichment.
Tenure 99-year leasehold from 2018
Property type Apartment, Non-Landed Properties
Sales 82 new sale transactions, 5 resale transactions, 3 sub sale transactions
Total sold value $195.6M
Midtown Bay Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 120 Mar 2025 to Jun 2026
Sale transactions 90 Jun 2021 to Jul 2026
Rent trend 0.0% Last 3 months
Sale PSF trend -10.9% Last 3 months
Midtown Bay Location
Nearest transport, schools and daily conveniences around the project.
Project MRT School Amenities
Nearby
Approximate distance from the project. Walking, driving and transit routes may differ.
Closest MRT
BUGIS MRT STATION (DT14) 0.33 km away
ESPLANADE MRT STATION (CC3) 0.39 km away
PROMENADE MRT STATION (CC4) 0.42 km away
Schools nearby
ST. MARGARET'S SCHOOL (PRIMARY) 1.52 km away
FARRER PARK PRIMARY SCHOOL 1.93 km away
Amenities
PARKLANE SHOPPING MALL Mall / retail · 1 km away
MARKET STREET HAWKER CENTRE Food centre · 1.6 km away
Midtown Bay Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $4,300 120 rentals in view
Latest median sale PSF $3,448 psf 16 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Jul 2026 0 - 1 $3,448 psf $2,598,000
Jun 2026 10 $4,300 0 - -
May 2026 13 $5,000 1 $2,965 psf $3,000,000
Apr 2026 10 $5,000 2 $2,932 psf $2,209,000
Mar 2026 6 $4,875 0 - -
Feb 2026 5 $5,000 0 - -
Jan 2026 12 $5,000 1 $3,006 psf $2,200,000
Dec 2025 1 $8,000 0 - -
Nov 2025 8 $4,200 1 $3,396 psf $2,500,000
Oct 2025 9 $5,000 3 $3,328 psf $2,450,000
Sept 2025 11 $4,100 1 $3,068 psf $1,419,888
Aug 2025 4 $3,900 0 - -
Projects Similar to Midtown Bay
Same district, ranked by similar rent, sale PSF and transaction depth.
99-year leasehold from 2019 Midtown Modern 0.3 km away 585 transactions
- Median rent
- $5,000
- Median sale PSF
- $2,875 psf
- Median rent
- $4,300
- Median sale PSF
- $2,738 psf
- Median rent
- $5,000
- Median sale PSF
- $2,198 psf
- Median rent
- $5,300
- Median sale PSF
- $1,950 psf
- Median rent
- $4,500
- Median sale PSF
- $1,607 psf
- Median rent
- $4,650
- Median sale PSF
- $1,878 psf
Midtown Bay Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
1 bed $4,300 $4,422 81
2 bed $6,200 $6,519 38
3 bed $9,000 $9,000 1
Midtown Bay Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
400 to 500 sqft $4,400 $4,442 76
500 to 600 sqft $4,000 $4,120 5
700 to 800 sqft $6,000 $6,333 33
900 to 1,000 sqft $10,000 $10,000 1
1,000 to 1,100 sqft $7,155 $7,177 4
1,300 to 1,400 sqft $9,000 $9,000 1
Midtown Bay Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
06 to 10 $2,077,450 $2,929 psf 16
11 to 15 $1,694,700 $3,126 psf 27
16 to 20 $2,304,056 $3,338 psf 28
21 to 25 $2,500,000 $3,440 psf 11
26 to 30 $3,397,840 $3,288 psf 8
Midtown Bay Latest Transactions
Most recent URA rentals and sales for this project.
Rentals
Sales
How to use this data
Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.
Rent negotiation
If you are renting
Midtown Bay shows a latest 12-month median monthly rent of $4,750 across 97 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Latest 12M median rent $4,750
Rentals in period 97
Rent signal Strong
- If the asking rent is above the median, look for a clear reason such as larger size, newer condition, furnishings or a better stack.
- If it is below the median, check whether the unit is smaller, older, lower floor or has a shorter lease term.
Offer check
If you are buying
Latest 12M sales at Midtown Bay show a median price of $2,475,000 and $3,198 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Latest 12M median sale $2,475,000
Latest 12M median PSF $3,198 psf
Sale signal Strong
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- 99-year leasehold from 2018 should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position
If you are selling
For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. Midtown Bay has 90 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Strong
Total sold value $195.6M
Latest record Jul 2026
- Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
- If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.
Run Midtown Bay numbers
Start with the project benchmarks, then adjust the calculator assumptions for the unit you are considering.
Rental yield $4,750/mo Test gross and net yield against typical rent. Buy vs rent $2.5M Compare ownership cost against renting. Mortgage $2.5M Estimate monthly payment from the sale price. Stamp duty $3,198 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
District context
Use D07 to compare Midtown Bay against the wider area.
About this data
How to read the rental and sale figures on this page.
Rental figures come from URA private residential rent data. Rent is shown as monthly rent.
Sale figures come from private residential sale data. PSF and total selling value are shown where the needed fields are available.
Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.
Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.
Midtown Bay FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Midtown Bay?
Midtown Bay has a latest 12-month median monthly rent of $4,750 across 97 rentals in that period.
What is the typical sale price at Midtown Bay?
The latest 12-month median sale price for Midtown Bay is $2,475,000, based on 10 sales in that period.
What is the median sale PSF at Midtown Bay?
The latest 12-month median sale price per square foot for Midtown Bay is $3,198 psf. The average for the same period is $3,145 psf.
Is Midtown Bay freehold or leasehold?
Midtown Bay is listed as 99-year leasehold from 2018. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Midtown Bay located?
Midtown Bay is located at 122 Beach Road Midtown Bay Singapore 189770 in D07 / Middle Road, Golden Mile.
How current is the Midtown Bay transaction data?
The project page uses the latest records currently loaded on PropertySmartSG. Treat it as research evidence and check the latest transaction rows before using it for pricing.