FreeholdRCRDistrict 14 (Geylang)

The Midas

Reviewed by Nathan TangUpdated 10 August 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 17 units for sale from S$1.60M to S$1.77M.

1

What are the key facts about The Midas?

Key Takeaway

The Midas is a freehold apartment in District 14 (Geylang) that obtained TOP in 2008, with 28 units across 2 blocks.

Tenure
Freehold
TOP / Completion
2008
Developer
SUSTAINED DEVELOPMENT PTE LTD
Total units
28
Blocks
2
District / Area
District 14 (Geylang)
Market segment
RCR
Median PSF
S$1,002 psf
Last transacted
Dec 2024
Remaining lease
Freehold
2

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 3.0% (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$2,922

110 rentals on record

Gross rental yield

3.0%

indicative, gross

Units currently for sale are asking a median of S$1,089 psf — about 9% above the most recent transacted PSF.

Source: URA caveat data, through Dec 2024.

3

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 110 rentals on record since Apr 2006. Source: URA.

4

Are prices at The Midas rising?

Key Takeaway

The median transacted PSF at The Midas has risen 124% over the past 16 years (20082024), 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.

5

How many property agents are active around The Midas?

Key Takeaway

7,769 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

7,769

District 14 · closed ≥1 deal

Deals on record

39,463

all-time · all property types

Source: CEA public transaction records, attributed to District 14across 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 The Midas?

Key Takeaway

The Midas has 17 units listed for sale, spanning 3-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
3-bedroom17S$1.60M–S$1.77MS$1,089 psf
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

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
9

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.

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

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 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…
11

Frequently asked questions about The Midas

How much does a unit at The Midas cost?

Units at The Midas have recently transacted around S$1.15M (S$1,002 psf), from 63 sales on record (URA caveats). The exact price depends on size, floor and facing.

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.

Is The Midas a good investment?

Gross rental yield is about 3.0%, and current asking prices sit about 9% above the most recent transacted PSF; median PSF has risen about 124% since 2008. 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 The Midas going up?

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

Is The Midas freehold or leasehold?

The Midas is freehold — ownership does not expire.

When was The Midas built and who developed it?

The Midas obtained TOP in 2008, developed by SUSTAINED DEVELOPMENT PTE LTD, with 28 units across 2 blocks.

How many units are for sale at The Midas?

There are 17 units for sale at The Midas, from S$1.60M to S$1.77M.

What is the nearest MRT to The Midas?

The nearest MRT/LRT station to The Midas is Aljunied MRT, about 533 m away (~8 min walk).

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 qualify for Primary 1 (P1) registration priority.

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