Midtown Modern
REALSCOREⓘ
Profitability rank across Singapore
2.8
User Score
User ratings for this property
N.A.
Annual Returns
Avg annualized profit (past 1y)
3.3%
Midtown Modern offers a highly connected lifestyle in the heart of the Downtown Core with direct underground access to Bugis MRT station 🚆, placing a world of shopping and dining right at your doorstep 🏙️.
Good to know: Features an extensive range of unit types from compact one-bedroom homes to massive 3,500 sq ft penthouses 🏠; Located just steps from the historic charm and modern culinary scene of the Bugis and Beach Road areas 🥗.
Practical note: Living in such a vibrant, high-traffic commercial hub means you will trade quiet, suburban seclusion for an energetic, fast-paced urban environment.
< 1km
MRT Station
< 10y
Property Age
Near
$1M+ HDB
Mega
Development
> 1K
MOPs in Town
100%
Profitable
Top 20
Schools
50+
Deals Past Yr
Project Facts
Street
Tan Quee Lan Street
Developer
Guoco Midtown Ii Pte Ltd/Midtown Modern Pte Ltd
Property Type
Apartment
Completion
2025
Total Units
558
Plot Ratio
4.2
Unit Size
409 - 3,520 sqft
Tenure
99 yrs from 10/12/2019
Lease Remaining
92 yrs
Postal Sector
18
GLS Site
Land Use
Residential with Commercial at 1st Sty
Development Type
Residential with Commercial at 1st Storey
Site Area
11530.80
Plot Ratio
4.20
Permissible GFA
48430.00
GLS Launch
29-03-2019
Tender Closed
05-09-2019
Awarded
12-09-2019
Awarded To
GLL D Pte. Ltd., Intrepid Investments Pte. Ltd. and Hong Realty (Private) Limited
Bids
2
Winning Tender
800190000.00
Land Rate (GFA)
16522.61
Land Rate (ppr)
1535.00
Max GFA (Est.)
48430.00
Estimated Units
580
Nearby Stations
- BugisDT14EW12
- EsplanadeCC3
- PromenadeCC4DT15
Transaction
82%
Sold At Launch
17%
HDB Buyers
$1.5B+
Total Transacted
19-03-2021
First Transacted
12-05-2026
Last Transacted
586
Total Transactions
Transaction Volume
New SaleSub SaleResale
96.2%
% Profitable
25
Profitable
1
Unprofitable
3
> 6% Annualized
3.8 yrs
Avg Holding
$8.8M
Total Profits
Annualized Profit %
Unit Distribution
| Type | Units | % | Size |
|---|---|---|---|
| 1 BR | 168 | 30.10% | 409 - 474 sqft |
| 2 BR | 139 | 24.90% | 592 - 721 sqft |
| 3 BR | 139 | 24.90% | 904 - 1,066 sqft |
| 4 BR | 55 | 9.90% | 1,432 - 1,464 sqft |
| 4 BR Premium | 55 | 9.90% | 1,733 - 1,808 sqft |
| Penthouse | 2 | 0.40% | 3,272 - 3,520 sqft |
Profitability by Block
| Block | Postal Code | Profitable % | Annualized Profit % |
|---|---|---|---|
| 18 | 188105 | 100.0% | 3.8% |
| 16 | 188144 | 91.7% | 3.2% |
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