Midtown Modern
Tan Quee Lan Street · D07 · Core central region · Apartment
The median sale at Midtown Modern was $3,813,000 — $2,910 psf — across 191 transactions between Oct 2021 and Oct 2026. 99-year lease from 2019.
What it costs per month of lease
A lease is a wasting asset. Spread the median price across the months of lease that are left and the figure is comparable between a dear flat with a long lease and a cheap one with a short one — which is the comparison a price alone cannot make.
This is the purchase price divided by the lease, and nothing else. It excludes stamp duty, the interest on a mortgage, maintenance and property tax. The calculator adds those.
New sales, sub-sales and resales
A new sale is bought from the developer at a list price; a resale is negotiated. The gap between them is the clearest read on how much of a launch price is the launch.
| Kind of sale | Median price | Per sq ft | Sales |
|---|---|---|---|
| New sale | $4,004,740 | $2,870 psf | 162 |
| Sub-sale | $2,616,000 | $2,966 psf | 28 |
| Resale | $3,170,000 | $2,975 psf | 1 |
Year by year
The median moved up 3 per cent a square foot between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.
- 2021eight sales$2861
- 202262 sales$2764
- 202378 sales$2931
- 202419 sales$3328
- 202516 sales$2995
- 2026eight sales$2954
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2021 | $2,890,305 | $2,861 psf | 8 |
| 2022 | $2,933,370 | $2,764 psf | 62 |
| 2023 | $4,200,815 | $2,931 psf | 78 |
| 2024 | $4,539,000 | $3,328 psf | 19 |
| 2025 | $2,644,000 | $2,995 psf | 16 |
| 2026 | $2,810,000 | $2,954 psf | 8 |
What it rents for
URA’s median of rental contracts lodged at Midtown Modern in 2026Q3, per square foot per month.
Gross, and the word is doing work. It is before property tax, maintenance and sinking fund, agent commission on each new tenancy, the months between tenants, income tax on the rent, and the mortgage. A net figure would need assumptions about a particular buyer that this site does not get to make.
Other developments in D07
- Aurea · $2,869 psf
- Duo Residences · $2,197 psf
- City Gate · $2,106 psf
- Concourse Skyline · $1,949 psf
- The M · $2,742 psf
- Midtown Bay · $3,285 psf
- The Bencoolen · $1,612 psf
- Southbank · $1,879 psf
Transactions from the Urban Redevelopment Authority, covering Oct 2021 to Oct 2026. URA publishes a rolling five-year window; months before it are held in this site’s own archive. A caveat is lodged after a sale is agreed, so the most recent weeks are always incomplete.