FreeholdRCRDistrict 14 (Geylang)

The Midas

Reviewed by Nathan TangUpdated 24 September 2026Data through Dec 2024 (URA)
Quick Summary

The Midas is a freehold apartment in District 14 (Geylang) that obtained TOP in 2008, with 28 units across 2 blocks. Across 63 transactions on record, units have recently transacted around S$1.15M (S$1,002 psf, ~1,141 sqft). There are 42 units for sale from S$1.60M to S$1.77M.

Key facts about The Midas
TenureFreehold
TOP year2008
DeveloperSUSTAINED DEVELOPMENT PTE LTD
Units28 in 2 blocks
District and areaDistrict 14 · Geylang · RCR
Nearest MRTAljunied MRT, 533 m (~8 min walk)
Latest median psfS$1,002 psf, last 12 URA caveats to Dec 2024
1

What's for sale and for rent at The Midas?

Key Takeaway

The Midas has 42 units listed for sale, asking S$1.60M to S$1.77M (median S$1,134 psf), and 0 units for rent.

For sale

42 listings

S$1.60M – S$1.77M

For rent

0 listings

no asking rents

BedroomsFor saleAsking priceMedian PSF
3-bedroom42S$1.60M–S$1.77MS$1,134 psf

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

2

What are the floor plans and unit sizes at The Midas?

Key Takeaway

Floor plans for The Midas aren't in PropKaki's library yet. Across 63 URA caveats, units range from 818 sqft to 2,131 sqft, and the middle half are 818 sqft to 1,141 sqft.

Unit typeSizes listed for saleAsking from
3-bedroom1,324 sqft to 1,561 sqftS$1.60M · S$1,134 psf

Check the Floor Plan Finder for The Midas →

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

3

What is the price and PSF at The Midas?

Key Takeaway

Units have recently transacted around S$1.15M (S$1,002 psf), at a gross rental yield of about 3.1% (URA caveat data).

Recent median price

S$1.15M

recent · 63 sales on record

Median PSF

S$1,002 psf

recent transactions

Median rent (monthly)

S$2,923

111 rentals on record

Gross rental yield

3.1%

indicative, gross

Units currently for sale are asking a median of S$1,134 psf — about 13% above the most recent transacted PSF.

Source: URA caveat data, through Dec 2024.

4

What has recently sold at The Midas?

Key Takeaway

The Midas has 63 recorded sales; the most recent transacted at S$1,683,888 in Dec 2024 (URA caveat data).

DatePriceSize (sqft)PSF
Dec 2024S$1,683,8881,410S$1,194 psf
Jun 2024S$1,100,000818S$1,345 psf
Mar 2024S$1,000,000818S$1,222 psf
Dec 2022S$1,280,0001,141S$1,122 psf
May 2022S$1,180,0001,098S$1,075 psf
Apr 2022S$1,150,0001,141S$1,008 psf
May 2021S$1,100,0001,098S$1,002 psf
Jan 2021S$1,228,0001,324S$928 psf
Dec 2020S$1,730,0002,077S$833 psf
Jun 2020S$1,050,0001,141S$920 psf
Jan 2020S$785,000818S$960 psf
Jul 2019S$1,730,0002,131S$812 psf

63 sales and 111 rentals on record since Apr 2006. Source: URA.

5

Are prices at The Midas rising?

Key Takeaway

The median transacted PSF at The Midas has risen 124% over the past 16 years (2008–2024), from S$546 psf to S$1,222 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2024S$1,222 psfS$1.10M3+13.7%
2022S$1,075 psfS$1.18M3+15.8%
2021S$928 psfS$1.10M2+0.9%
2020S$920 psfS$1.05M3+1.9%
2018S$903 psfS$1.00M2+48.0%
2013S$610 psfS$990k2-29.8%
2012S$869 psfS$992k3+14.2%
2011S$761 psfS$744k4+26.0%
2010S$604 psfS$670k7+10.6%
2008S$546 psfS$600k2—

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

6

Is The Midas a good investment?

Key Takeaway

Of 35 units at The Midas that were bought and later resold (bought from 2006, resold up to 2024), 100% sold for more than they were bought for, with a median gain of 45% over a median 6.2-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 3.1%. Units listed now ask about 13% 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

100%

of 35 resales here

Median gain

45%

gross, before costs

Median hold

6.2 years

bought to resold

Every unit at The Midas 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 The Midas and what's nearby?

Key Takeaway

The Midas is located in Geylang, in the Central Region of Singapore.

The Midas is a freehold apartment completed in 2008. It was developed by SUSTAINED DEVELOPMENT PTE LTD. The development has 28 residential units. It sits on a land area of 987 sqm and has a gross floor area of 2,765 sqm. The plot ratio is 2.8.

THE MIDAS is located at 26 Lorong 30 Geylang, Singapore 398352. It is part of District 14, Geylang / Eunos, Geylang. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Aljunied MRT, approximately 532m away, around 8 minutes on foot. Nearby amenities include Paya Lebar Quarter for shopping, I-TEC SUPERMART PTE LTD for groceries, Blk 51 Old Airport Road # for food options, and Lorong 40 Geylang Pg for greenery and recreation.

8

How far is The Midas from MRT and schools?

Key Takeaway

The nearest MRT/LRT to The Midas is Aljunied MRT, about 533 m away (~8 min walk). 4 schools are within 1 km, including 2 primary schools.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Kong Hwa SchoolPrimary schoolwithin 1 km · P1 priority325 m
  • Geylang Methodist School (Primary)Primary schoolwithin 1 km · P1 priority582 m
  • Broadrick Secondary SchoolSecondary schoolwithin 1 km654 m
  • Geylang Methodist School (Secondary)Secondary schoolwithin 1 km655 m
  • Chung Cheng High School (Main)Secondary school1.1 km
  • Tanjong Katong Girls' SchoolSecondary school1.2 km
  • Tanjong Katong Secondary SchoolSecondary school1.3 km
  • Dunman High SchoolMixed-level school1.5 km

Shops, food & parks

Mall: Paya Lebar Quarter · 974 mSupermarket: I-Tec Supermart Pte Ltd · 116 mHawker centre: Blk 51 Old Airport Road # · 515 mPark: Lorong 40 Geylang Pg · 372 m

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

9

Who built The Midas and how big is the development?

Key Takeaway

The Midas was developed by SUSTAINED DEVELOPMENT PTE LTD, with 28 units over up to 8 storeys.

Developer
SUSTAINED DEVELOPMENT PTE LTD
Floors
8 storeys
Blocks
2
Land area
987 sqm (10,624 sqft)
Gross floor area
2,765 sqm (29,762 sqft)
Plot ratio
2.80
10

What does it cost to own a unit at The Midas?

Key Takeaway

Buying a unit at The Midas (~S$1.15M) needs about S$8,418/mo in income and S$3,873/mo in repayments, after S$30,600 stamp duty and a S$288k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.15M) 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$30,600

BSD, tiered

Downpayment (25%)

S$288k

cash + CPF

Monthly instalment

S$3,873/mo

30y @ 3.5%

Income required

S$8,418/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

11

How many property agents are active around The Midas?

Key Takeaway

7,770 CEA-registered agents closed at least one recorded deal in District 14 — where The Midas sits — in the last 12 months, across all property types.

Active agents · 12mo

7,770

District 14 · closed ≥1 deal

Deals on record

39,512

all-time · all property types

Source: CEA public transaction records, attributed to District 14 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 The Midas? Ask before you commit.

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

PropKaki
Is The Midas a good buy, and what are units selling for?

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

Ask anything about Singapore property…
12

Frequently asked questions about The Midas

Is The Midas freehold?⌄

Yes. The Midas is freehold, so ownership does not run out.

How old is The Midas?⌄

The Midas was completed (obtained TOP) in 2008, so it is about 18 years old.

Is The Midas a good investment?⌄

Of 35 units at The Midas that were bought and later resold (bought from 2006, resold up to 2024), 100% sold for more than they were bought for, with a median gain of 45% over a median 6.2-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 3.1%. Units listed now ask about 13% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is The Midas an EC?⌄

No. The Midas is a private apartment development, not an executive condominium (EC).

Who is the developer of The Midas?⌄

The Midas was developed by SUSTAINED DEVELOPMENT PTE LTD.

What is the price of a condo at The Midas?⌄

Units at The Midas have recently sold for around S$1.15M (S$1,002 psf), the median of the last 12 URA caveats to Dec 2024. The price depends on size, floor and facing. 42 units are listed for sale from S$1.60M to S$1.77M.

Where is The Midas located?⌄

The Midas is at 26 Lorong 30 Geylang, Singapore 398352, in Geylang (District 14). The nearest MRT station is Aljunied MRT, about 533 m away.

How many units are there in The Midas?⌄

The Midas has 28 units in 2 blocks, up to 8 storeys high.

How much do I need to earn to buy at The Midas?⌄

For a unit around S$1.15M as a first home, you'd need roughly S$8,418/mo in income (assessed at the stress-test rate), with repayments near S$3,873/mo after a S$288k (25%) downpayment and S$30,600 Buyer's Stamp Duty.

Are prices at The Midas going up?⌄

The median price per square foot at The Midas has risen about 124% between 2008 and 2024, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of The Midas?⌄

Kong Hwa School, Geylang Methodist School (Primary) are within 1 km of The Midas. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.