99-yearCCRDistrict 7 (Downtown Core)

Midtown Modern

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

Midtown Modern is a 99-year apartment in District 7 (Downtown Core) that obtained TOP in 2025, with 558 units across 2 blocks. Across 583 transactions on record, units have recently transacted around S$2.68M (S$2,989 psf, ~904 sqft). There are 290 units for sale from S$1.20M to S$18.00M. The lease has approximately 92 years remaining.

1

What are the key facts about Midtown Modern?

Key Takeaway

Midtown Modern is a 99-year apartment in District 7 (Downtown Core) that obtained TOP in 2025, with 558 units across 2 blocks.

Tenure
99-year
TOP / Completion
2025
Developer
MTG APARTMENTS PTE LTD/MTG RETAIL PTE LTD
Total units
558
Blocks
2
District / Area
District 7 (Downtown Core)
Market segment
CCR
Median PSF
S$2,989 psf
Last transacted
May 2026
Remaining lease
≈ 92 years
2

What is the price and PSF at Midtown Modern?

Key Takeaway

Units have recently transacted around S$2.68M (S$2,989 psf), at a gross rental yield of about 2.6% (URA caveat data).

Recent median price

S$2.68M

recent · 583 sales on record

Median PSF

S$2,989 psf

recent transactions

Median rent (monthly)

S$5,703

377 rentals on record

Gross rental yield

2.6%

indicative, gross

Units currently for sale are asking a median of S$3,329 psf — about 11% above the most recent transacted PSF.

Source: URA caveat data, through May 2026.

3

What has recently sold at Midtown Modern?

Key Takeaway

Midtown Modern has 583 recorded sales; the most recent transacted at S$6,008,888 in May 2026 (URA caveat data).

DatePriceSize (sqft)PSF
May 2026S$6,008,8881,808S$3,323 psf
Apr 2026S$1,200,000409S$2,934 psf
Feb 2026S$1,300,000409S$3,178 psf
Jan 2026S$3,240,0001,066S$3,040 psf
Dec 2025S$2,648,000904S$2,929 psf
Dec 2025S$3,198,0001,066S$3,001 psf
Dec 2025S$1,300,000474S$2,745 psf
Nov 2025S$2,680,000904S$2,964 psf
Nov 2025S$3,185,0001,066S$2,989 psf
Oct 2025S$3,150,0001,066S$2,956 psf
Sept 2025S$2,300,000721S$3,189 psf
Sept 2025S$3,250,0001,066S$3,050 psf

583 sales and 377 rentals on record since Mar 2021. Source: URA.

4

Are prices at Midtown Modern rising?

Key Takeaway

The median transacted PSF at Midtown Modern has risen 12% over the past 5 years (20212026), from S$2,703 psf to S$3,040 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$3,040 psfS$1.30M4+1.7%
2025S$2,989 psfS$2.64M16-10.2%
2024S$3,328 psfS$4.54M19+13.6%
2023S$2,929 psfS$4.19M78+6.3%
2022S$2,756 psfS$2.91M62+2.0%
2021S$2,703 psfS$1.70M404

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 Modern?

Key Takeaway

3,436 CEA-registered agents closed at least one recorded deal in District 7 — where Midtown Modern 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 Modern?

Key Takeaway

Midtown Modern has 290 units listed for sale, spanning 0–5-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
0-bedroom1S$1.33M–S$1.33M
1-bedroom80S$1.20M–S$15.00MS$3,545 psf
2-bedroom106S$1.75M–S$2.48MS$3,329 psf
3-bedroom57S$2.64M–S$3.65MS$3,077 psf
4-bedroom36S$4.50M–S$6.99MS$3,429 psf
5-bedroom7S$15.00M–S$18.00MS$5,114 psf
Unspecified3S$1.45M–S$1.78MS$3,005 psf
7

Where is Midtown Modern and what's nearby?

Key Takeaway

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

Midtown Modern is a 99-year apartment completed in 2025. It was developed by MTG APARTMENTS PTE LTD/MTG RETAIL PTE LTD. The development has 558 residential units. It sits on a land area of 11,531 sqm and has a gross floor area of 48,429 sqm. The plot ratio is 4.2.

MIDTOWN MODERN is located at 16 Tan Quee Lan Street, Singapore 188105. 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 248m away, around 4 minutes on foot. Nearby amenities include Bugis Junction 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 Accessible Washroom/Shower, Adventure park, Aerobic pool, Adult Fitness Stations, Aircon Facilities, and Alfresco Dining.

8

Who built Midtown Modern and how big is the development?

Key Takeaway

Midtown Modern was developed by MTG APARTMENTS PTE LTD/MTG RETAIL PTE LTD, with 558 units over up to 30 storeys.

Developer
MTG APARTMENTS PTE LTD/MTG RETAIL PTE LTD
Floors
30 storeys
Blocks
2
Land area
11,531 sqm (124,119 sqft)
Gross floor area
48,429 sqm (521,285 sqft)
Plot ratio
4.20
9

How far is Midtown Modern from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Midtown Modern is Bugis MRT, about 248 m away (~4 min walk). 1 school is within 1 km.

Getting around

Schools nearby

  • School Of The Arts, SingaporeMixed-level schoolwithin 1 km913 m
  • St. Margaret's School (Primary)Primary school1.4 km
  • Farrer Park Primary SchoolPrimary school1.7 km

Shops, food & parks

Mall: Bugis Junction · 173 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 173 mHawker centre: Albert Centre Market & Food Centre · 416 mPark: War Memorial Pk · 676 m

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

10

What facilities does Midtown Modern have?

Key Takeaway

Midtown Modern has 49 facilities, including Accessible Washroom/Shower, Adventure park, Aerobic pool, Adult Fitness Stations, and more.

Accessible Washroom/ShowerAdventure parkAerobic poolAdult Fitness StationsAircon FacilitiesAlfresco DiningArrival Lounge/Arrival CourtBBQ PavillionBusiness CentreCovered car parkChanging RoomChildren's PoolCommunity GardenCo-Working SpaceDining PavilionDrop Off PointExisting Bus StopFamily LoungeFitness cornerGarden TerraceGymnasium roomJacuzziJogging trackLap poolLeisure GardenLeisure poolLibraryLift lobbyLoungeLandscaped GardenMeditation DeckMeeting roomMultipurpose CourtMulti-purpose hallParty LawnPavillionPool DeckPet CornerPicnic AreaPlaygroundPoolside LoungeReading RoomRecreational Pool24 hours securitySky GardenSky LoungeSwimming poolTennis courtsWading pool
11

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

Key Takeaway

Buying a unit at Midtown Modern (~S$2.68M) needs about S$19,618/mo in income and S$9,026/mo in repayments, after S$103,600 stamp duty and a S$670k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.68M) 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$103,600

BSD, tiered

Downpayment (25%)

S$670k

cash + CPF

Monthly instalment

S$9,026/mo

30y @ 3.5%

Income required

S$19,618/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 Modern? Ask before you commit.

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

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

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

Ask anything about Singapore property…
12

Frequently asked questions about Midtown Modern

How much does a unit at Midtown Modern cost?

Units at Midtown Modern have recently transacted around S$2.68M (S$2,989 psf), from 583 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 Modern?

For a unit around S$2.68M as a first home, you'd need roughly S$19,618/mo in income (assessed at the stress-test rate), with repayments near S$9,026/mo after a S$670k (25%) downpayment and S$103,600 Buyer's Stamp Duty.

Is Midtown Modern a good investment?

Gross rental yield is about 2.6%, and current asking prices sit about 11% above the most recent transacted PSF; median PSF has risen about 12% since 2021. 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 Modern going up?

The median transacted PSF at Midtown Modern has risen about 12% between 2021 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Midtown Modern freehold or leasehold?

Midtown Modern is 99-year, with approximately 92 years remaining on the lease.

When was Midtown Modern built and who developed it?

Midtown Modern obtained TOP in 2025, developed by MTG APARTMENTS PTE LTD/MTG RETAIL PTE LTD, with 558 units across 2 blocks.

How many units are for sale at Midtown Modern?

There are 290 units for sale at Midtown Modern, from S$1.20M to S$18.00M.

What is the nearest MRT to Midtown Modern?

The nearest MRT/LRT station to Midtown Modern is Bugis MRT, about 248 m away (~4 min walk).

Are there schools near Midtown Modern?

1 school is within 1 km of Midtown Modern, including School Of The Arts, Singapore.

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