99-yearCCRDistrict 7 (Downtown Core)

Midtown Modern

Reviewed by Nathan TangUpdated 24 September 2026Data through Aug 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 585 transactions on record, units have recently transacted around S$2.65M (S$2,956 psf, ~904 sqft). There are 324 units for sale from S$1.26M to S$16.88M. The lease has approximately 92 years remaining.

Key facts about Midtown Modern
Tenure99-year leasehold from 2019 (≈92 years left)
TOP year2025
DeveloperMTG APARTMENTS PTE LTD/MTG RETAIL PTE LTD
Units558 in 2 blocks
District and areaDistrict 7 · Downtown Core · CCR
Nearest MRTBugis MRT, 248 m (~4 min walk)
Latest median psfS$2,956 psf, last 12 URA caveats to Aug 2026
1

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

Key Takeaway

Midtown Modern has 324 units listed for sale, asking S$1.26M to S$16.88M (median S$3,210 psf), and 86 units for rent at a median of S$5,600 a month.

For sale

324 listings

S$1.26M – S$16.88M

For rent

86 listings

S$4,200 – S$40,000 a month

BedroomsFor saleAsking priceMedian PSF
0-bedroom1S$1.29M–S$1.29M
1-bedroom86S$1.26M–S$1.63MS$3,301 psf
2-bedroom108S$1.70M–S$2.50MS$3,208 psf
3-bedroom74S$2.64M–S$3.65MS$3,077 psf
4-bedroom37S$4.55M–S$6.99MS$3,473 psf
5-bedroom16S$15.00M–S$16.88MS$4,773 psf
Unspecified2S$1.45M–S$1.78MS$3,005 psf

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

2

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

Key Takeaway

Floor plans for Midtown Modern aren't in PropKaki's library yet. Across 585 URA caveats, units range from 409 sqft to 3,520 sqft, and the middle half are 474 sqft to 1,066 sqft.

Unit typeSizes listed for saleAsking from
0-bedroom474 sqftS$1.29M
1-bedroom409 sqft to 474 sqftS$1.26M · S$3,301 psf
2-bedroom592 sqft to 743 sqftS$1.70M · S$3,208 psf
3-bedroom904 sqft to 1,066 sqftS$2.64M · S$3,077 psf
4-bedroom1,430 sqft to 1,808 sqftS$4.55M · S$3,473 psf
5-bedroom3,520 sqftS$15.00M · S$4,773 psf

Check the Floor Plan Finder for Midtown Modern →

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

3

What is the price and PSF at Midtown Modern?

Key Takeaway

Units have recently transacted around S$2.65M (S$2,956 psf), at a gross rental yield of about 2.6% (URA caveat data).

Recent median price

S$2.65M

recent · 585 sales on record

Median PSF

S$2,956 psf

recent transactions

Median rent (monthly)

S$5,720

401 rentals on record

Gross rental yield

2.6%

indicative, gross

Units currently for sale are asking a median of S$3,210 psf — about 9% above the most recent transacted PSF.

Source: URA caveat data, through Aug 2026.

4

What has recently sold at Midtown Modern?

Key Takeaway

Midtown Modern has 585 recorded sales; the most recent transacted at S$2,550,000 in Aug 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Aug 2026S$2,550,000904S$2,820 psf
Jul 2026S$1,110,000409S$2,714 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

585 sales and 401 rentals on record since Mar 2021. Source: URA.

5

Are prices at Midtown Modern rising?

Key Takeaway

The median transacted PSF at Midtown Modern has risen 9% over the past 5 years (20212026), from S$2,703 psf to S$2,934 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$2,934 psfS$1.30M6-1.8%
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.

6

Is Midtown Modern a good investment?

Key Takeaway

Of 27 units at Midtown Modern that were bought and later resold (bought from 2021, resold up to 2026), 93% sold for more than they were bought for, with a median gain of 15% over a median 4.0-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.6%. Units listed now ask about 9% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

93%

of 27 resales here

Median gain

15%

gross, before costs

Median hold

4.0 years

bought to resold

Every unit at Midtown Modern with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

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

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.

9

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
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$2.65M) needs about S$19,384/mo in income and S$8,918/mo in repayments, after S$102,000 stamp duty and a S$662k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.65M) 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$102,000

BSD, tiered

Downpayment (25%)

S$662k

cash + CPF

Monthly instalment

S$8,918/mo

30y @ 3.5%

Income required

S$19,384/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

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

12,907

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 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…
13

Frequently asked questions about Midtown Modern

Is Midtown Modern freehold?

No. Midtown Modern is on a 99-year lease that started in 2019, with about 92 years left.

How old is Midtown Modern?

Midtown Modern was completed (obtained TOP) in 2025, so it is about 1 year old.

Is Midtown Modern a good investment?

Of 27 units at Midtown Modern that were bought and later resold (bought from 2021, resold up to 2026), 93% sold for more than they were bought for, with a median gain of 15% over a median 4.0-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.6%. Units listed now ask about 9% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Midtown Modern an EC?

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

Who is the developer of Midtown Modern?

Midtown Modern was developed by MTG APARTMENTS PTE LTD/MTG RETAIL PTE LTD.

What is the price of a condo at Midtown Modern?

Units at Midtown Modern have recently sold for around S$2.65M (S$2,956 psf), the median of the last 12 URA caveats to Aug 2026. The price depends on size, floor and facing. 324 units are listed for sale from S$1.26M to S$16.88M.

Where is Midtown Modern located?

Midtown Modern is at 16 Tan Quee Lan Street, Singapore 188105, in Downtown Core (District 7). The nearest MRT station is Bugis MRT, about 248 m away.

How many units are there in Midtown Modern?

Midtown Modern has 558 units in 2 blocks, up to 30 storeys high.

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

For a unit around S$2.65M as a first home, you'd need roughly S$19,384/mo in income (assessed at the stress-test rate), with repayments near S$8,918/mo after a S$662k (25%) downpayment and S$102,000 Buyer's Stamp Duty.

Are prices at Midtown Modern going up?

The median price per square foot at Midtown Modern has risen about 9% between 2021 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.