99-yearCCRDistrict 7 (Downtown Core)

Midtown Bay

Reviewed by Nathan TangUpdated 10 August 2026Data through Jul 2026 (URA)
Quick Summary

Midtown Bay is a 99-year apartment in District 7 (Downtown Core) that obtained TOP in 2024, with 219 units across 1 block. Across 154 transactions on record, units have recently transacted around S$2.50M (S$3,328 psf, ~753 sqft). There are 220 units for sale from S$1.29M to S$5.05M. The lease has approximately 91 years remaining.

1

What are the key facts about Midtown Bay?

Key Takeaway

Midtown Bay is a 99-year apartment in District 7 (Downtown Core) that obtained TOP in 2024, with 219 units across 1 block.

Tenure
99-year
TOP / Completion
2024
Developer
GUOCO MIDTOWN PTE LTD/MIDTOWN BAY PTE LTD
Total units
219
Blocks
1
District / Area
District 7 (Downtown Core)
Market segment
CCR
Median PSF
S$3,328 psf
Last transacted
Jul 2026
Remaining lease
≈ 91 years
2

What is the price and PSF at Midtown Bay?

Key Takeaway

Units have recently transacted around S$2.50M (S$3,328 psf), at a gross rental yield of about 2.4% (URA caveat data).

Recent median price

S$2.50M

recent · 154 sales on record

Median PSF

S$3,328 psf

recent transactions

Median rent (monthly)

S$4,941

120 rentals on record

Gross rental yield

2.4%

indicative, gross

Units currently for sale are asking a median of S$3,543 psf — about 6% above the most recent transacted PSF.

Source: URA caveat data, through Jul 2026.

3

What has recently sold at Midtown Bay?

Key Takeaway

Midtown Bay has 154 recorded sales; the most recent transacted at S$2,598,000 in Jul 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Jul 2026S$2,598,000753S$3,448 psf
May 2026S$3,000,0001,012S$2,965 psf
Apr 2026S$2,568,000753S$3,408 psf
Apr 2026S$1,850,000753S$2,455 psf
Jan 2026S$2,200,000732S$3,006 psf
Nov 2025S$2,500,000732S$3,396 psf
Oct 2025S$2,900,0001,012S$2,852 psf
Oct 2025S$2,450,000732S$3,328 psf
Oct 2025S$1,720,000484S$3,521 psf
Sept 2025S$1,419,888463S$3,068 psf
Jun 2025S$2,680,000753S$3,538 psf
Jun 2025S$4,500,0001,324S$3,377 psf

154 sales and 120 rentals on record since Oct 2019. Source: URA.

4

Are prices at Midtown Bay rising?

Key Takeaway

The median transacted PSF at Midtown Bay has risen 6% over the past 7 years (20192026), from S$2,848 psf to S$3,006 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$3,006 psfS$2.57M5-9.7%
2025S$3,328 psfS$2.45M10-4.5%
2024S$3,486 psfS$2.34M9+9.2%
2023S$3,191 psfS$2.24M36-1.0%
2022S$3,224 psfS$1.69M20+6.6%
2021S$3,023 psfS$1.56M17+4.1%
2020S$2,904 psfS$1.40M20+2.0%
2019S$2,848 psfS$1.52M37

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

5

How many property agents are active around Midtown Bay?

Key Takeaway

3,436 CEA-registered agents closed at least one recorded deal in District 7 — where Midtown Bay sits — in the last 12 months, across all property types.

Active agents · 12mo

3,436

District 7 · closed ≥1 deal

Deals on record

12,904

all-time · all property types

Source: CEA public transaction records, attributed to District 7across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

6

What bedroom types are available at Midtown Bay?

Key Takeaway

Midtown Bay has 220 units listed for sale, spanning 0–3-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
0-bedroom2S$1.43M–S$1.49M
1-bedroom85S$1.29M–S$1.77MS$3,638 psf
2-bedroom88S$2.30M–S$3.26MS$3,297 psf
3-bedroom45S$2.81M–S$5.05MS$3,816 psf
7

Where is Midtown Bay and what's nearby?

Key Takeaway

Midtown Bay is located in Downtown Core, in the Central Region of Singapore.

Midtown Bay is a 99-year apartment completed in 2024. It was developed by GUOCO MIDTOWN PTE LTD/MIDTOWN BAY PTE LTD. The development has 219 residential units. It sits on a land area of 21,027 sqm and has a gross floor area of 88,313 sqm. The plot ratio is 4.2.

MIDTOWN BAY is located at 122 Beach Road, Singapore 189770. It is part of District 07, Middle Road / Golden Mile, Downtown Core. The project falls within the Central Region and the CCR market segment.

The nearest rail connection is Bugis MRT, approximately 357m away, around 6 minutes on foot. Nearby amenities include Suntec City for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, Albert Centre Market & Food Centre for food options, and War Memorial Pk for greenery and recreation. Facilities in the development include Clubhouse, Fitness corner, Gymnasium room, Jogging track, Lap pool, and Pavillion.

8

Who built Midtown Bay and how big is the development?

Key Takeaway

Midtown Bay was developed by GUOCO MIDTOWN PTE LTD/MIDTOWN BAY PTE LTD, with 219 units over up to 32 storeys.

Developer
GUOCO MIDTOWN PTE LTD/MIDTOWN BAY PTE LTD
Floors
32 storeys
Blocks
1
Land area
21,027 sqm (226,333 sqft)
Gross floor area
88,313 sqm (950,592 sqft)
Plot ratio
4.20
9

How far is Midtown Bay from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Midtown Bay is Bugis MRT, about 357 m away (~6 min walk).

Getting around

Schools nearby

  • School Of The Arts, SingaporeMixed-level school1.0 km
  • St. Margaret's School (Primary)Primary school1.5 km
  • Farrer Park Primary SchoolPrimary school1.8 km

Shops, food & parks

Mall: Suntec City · 267 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 267 mHawker centre: Albert Centre Market & Food Centre · 530 mPark: War Memorial Pk · 647 m

Straight-line distances from the development. Source: PropKaki amenities data.

10

What facilities does Midtown Bay have?

Key Takeaway

Midtown Bay has 10 facilities, including Clubhouse, Fitness corner, Gymnasium room, Jogging track, and more.

ClubhouseFitness cornerGymnasium roomJogging trackLap poolPavillionPool DeckPlayground24 hours securitySwimming pool
11

What does it cost to own a unit at Midtown Bay?

Key Takeaway

Buying a unit at Midtown Bay (~S$2.50M) needs about S$18,301/mo in income and S$8,420/mo in repayments, after S$94,600 stamp duty and a S$625k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.50M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$94,600

BSD, tiered

Downpayment (25%)

S$625k

cash + CPF

Monthly instalment

S$8,420/mo

30y @ 3.5%

Income required

S$18,301/mo

TDSR @ stress rate

Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →

Keep going in the PropKaki app

Thinking about Midtown Bay? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Midtown Bay's own transactions.

PropKaki
Is Midtown Bay a good buy, and what are units selling for?

Recent units at Midtown Bay sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
12

Frequently asked questions about Midtown Bay

How much does a unit at Midtown Bay cost?

Units at Midtown Bay have recently transacted around S$2.50M (S$3,328 psf), from 154 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Midtown Bay?

For a unit around S$2.50M as a first home, you'd need roughly S$18,301/mo in income (assessed at the stress-test rate), with repayments near S$8,420/mo after a S$625k (25%) downpayment and S$94,600 Buyer's Stamp Duty.

Is Midtown Bay a good investment?

Gross rental yield is about 2.4%, and current asking prices sit about 6% above the most recent transacted PSF; median PSF has risen about 6% since 2019. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.

Are prices at Midtown Bay going up?

The median transacted PSF at Midtown Bay has risen about 6% between 2019 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Midtown Bay freehold or leasehold?

Midtown Bay is 99-year, with approximately 91 years remaining on the lease.

When was Midtown Bay built and who developed it?

Midtown Bay obtained TOP in 2024, developed by GUOCO MIDTOWN PTE LTD/MIDTOWN BAY PTE LTD, with 219 units across 1 block.

How many units are for sale at Midtown Bay?

There are 220 units for sale at Midtown Bay, from S$1.29M to S$5.05M.

What is the nearest MRT to Midtown Bay?

The nearest MRT/LRT station to Midtown Bay is Bugis MRT, about 357 m away (~6 min walk).

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