99-yearCCRDistrict 7 (Downtown Core)

Midtown Bay

Reviewed by Nathan TangUpdated 24 September 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 269 units for sale from S$1.25M to S$5.27M. The lease has approximately 91 years remaining.

Key facts about Midtown Bay
Tenure99-year leasehold from 2018 (≈91 years left)
TOP year2024
DeveloperGUOCO MIDTOWN PTE LTD/MIDTOWN BAY PTE LTD
Units219 in 1 block
District and areaDistrict 7 · Downtown Core · CCR
Nearest MRTBugis MRT, 357 m (~6 min walk)
Latest median psfS$3,328 psf, last 12 URA caveats to Jul 2026
1

What's for sale and for rent at Midtown Bay?

Key Takeaway

Midtown Bay has 269 units listed for sale, asking S$1.25M to S$5.27M (median S$3,376 psf), and 45 units for rent at a median of S$6,455 a month.

For sale

269 listings

S$1.25M – S$5.27M

For rent

45 listings

S$4,000 – S$12,000 a month

BedroomsFor saleAsking priceMedian PSF
0-bedroom1S$1.40M–S$1.40M
1-bedroom108S$1.25M–S$5.05MS$3,638 psf
2-bedroom114S$2.30M–S$3.50MS$3,215 psf
3-bedroom46S$2.81M–S$5.27MS$3,816 psf

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Midtown Bay?

Key Takeaway

Floor plans for Midtown Bay aren't in PropKaki's library yet. Across 154 URA caveats, units range from 409 sqft to 1,324 sqft, and the middle half are 463 sqft to 743 sqft.

Unit typeSizes listed for saleAsking from
0-bedroom463 sqftS$1.40M
1-bedroom409 sqft to 1,324 sqftS$1.25M · S$3,638 psf
2-bedroom732 sqft to 1,130 sqftS$2.30M · S$3,215 psf
3-bedroom990 sqft to 1,324 sqftS$2.81M · S$3,816 psf

Check the Floor Plan Finder for Midtown Bay →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

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$4,911

132 rentals on record

Gross rental yield

2.4%

indicative, gross

Units currently for sale are asking a median of S$3,376 psf.

Source: URA caveat data, through Jul 2026.

4

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 132 rentals on record since Oct 2019. Source: URA.

5

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.

6

Is Midtown Bay a good investment?

Key Takeaway

Midtown Bay has no resales on record yet, so it has no track record of its own. Across District 7, 86% of 1,541 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 21% over a median 6.0-year hold (URA caveats, before costs). Its gross rental yield is about 2.4%. Past resale results don't predict future returns, and this is not financial advice.

District 7 sold for more

86%

of 1,541 private resales

Median gain

21%

gross, before costs

Median hold

6.0 years

bought to resold

Midtown Bay has fewer than 10 matched resales, so the figures are for District 7 as a whole. Check the odds for your unit size and holding period →

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

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.

9

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
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

Read how to tell if a condo is profitable →

12

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

12,907

all-time · all property types

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

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…
13

Frequently asked questions about Midtown Bay

Is Midtown Bay freehold?

No. Midtown Bay is on a 99-year lease that started in 2018, with about 91 years left.

How old is Midtown Bay?

Midtown Bay was completed (obtained TOP) in 2024, so it is about 2 years old.

Is Midtown Bay a good investment?

Midtown Bay has no resales on record yet, so it has no track record of its own. Across District 7, 86% of 1,541 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 21% over a median 6.0-year hold (URA caveats, before costs). Its gross rental yield is about 2.4%. Past resale results don't predict future returns, and this is not financial advice.

Is Midtown Bay an EC?

No. Midtown Bay is a private apartment development, not an executive condominium (EC).

Who is the developer of Midtown Bay?

Midtown Bay was developed by GUOCO MIDTOWN PTE LTD/MIDTOWN BAY PTE LTD.

What is the price of a condo at Midtown Bay?

Units at Midtown Bay have recently sold for around S$2.50M (S$3,328 psf), the median of the last 12 URA caveats to Jul 2026. The price depends on size, floor and facing. 269 units are listed for sale from S$1.25M to S$5.27M.

Where is Midtown Bay located?

Midtown Bay is at 122 Beach Road, Singapore 189770, in Downtown Core (District 7). The nearest MRT station is Bugis MRT, about 357 m away.

How many units are there in Midtown Bay?

Midtown Bay has 219 units in 1 block, up to 32 storeys high.

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.

Are prices at Midtown Bay going up?

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