Swee Homes

Midtown Bay

Midtown Bay is an apartment in District 7 (Bugis / Beach Road), in the Rest of Central Region. In the 12 months to August 2026, the median price was S$3,198 psf from 10 sales.

At a glance

District
District 7 (Bugis / Beach Road)
Region
Rest of Central Region
Type
Apartment
Tenure
99-year lease from 2018, about 91 years left
Completed
2024, about 2 years old

What the prices say

The median home in Midtown Bay sold for S$2,475,000: the middle of 10 sales in the 12 months to August 2026.

That is well above the middle condo project in District 7 (Bugis / Beach Road), which sold at S$1,962 psf across 13 projects: about 63% higher. By price per square foot it ranks 1st of the 12 projects in the district that have a price to show, where 1st is the highest.

Year by year, the median was S$3,023 psf in 2021 (17 sales) and S$3,006 psf in 2026 so far (5 sales), about the same across the period. The highest year in the record was 2024 at S$3,486 psf.

Against similar projects in the district

This project and the three others in District 7 (Bugis / Beach Road) whose median over the last 12 months is closest to Midtown Bay's S$3,198 psf. They are chosen by price per square foot, not by distance, so they may not be neighbours.

Their middle figure is S$2,854 psf, so Midtown Bay sold noticeably above it: about 12% higher.

Projects in District 7 (Bugis / Beach Road) closest in price to Midtown Bay, 12 months to August 2026
ProjectMedian price per sq ftSales
Midtown BayS$3,198 psf10
Midtown ModernS$2,989 psf15
AureaS$2,854 psf40
The MS$2,510 psf13

What sells here

10 homes sold in the last 12 months, up from 7 in the 12 months before.

The most common size was 600 to 899 sq ft, with 9 of the 17 sales in the last 24 months, close to half.

Of the 17 sales in the last 24 months, 11 were first sales of new units and 6 were resales. New-unit prices and resale prices are mixed in the project median, so it helps to know which kind of sale dominates.

4 of those were first sales of new units.

The first new sale in our records was in October 2019.

Rents and yield

Rental contracts that began in the 12 months to August 2026 had a median rent of S$4,500 a month (111 contracts). The district's median across every contract was S$4,650, so rents here ran a little below it: about 3% lower.

Over the 24 months the median rent was S$4,600 (146 contracts), about the same as the latest 12 months, within 3%.

By bedrooms: 1 bedroom S$4,400 (85) and 2 bedrooms S$6,650 (24). The figure in brackets is the number of contracts.

Age and lease

The title is a leasehold, so the years remaining shrink each year. The leases and tenure entry in the glossary explains what that means for a buyer.

Leases and tenure in the glossary

What this page cannot tell you

A median is the middle of many different homes in Midtown Bay. It does not describe one unit: its condition, facing, view, renovation, floor or stack can each move a price well away from the middle, and none of them is in the records behind this page.

The figures are recorded transactions, so they describe what has sold and not what is on the market now. They are not a valuation, and they say nothing about future prices.

Questions this page answers

What is the median price per square foot in Midtown Bay?

S$3,198 psf in the 12 months to August 2026, from 10 sales. For the median home that is S$2,475,000.

How many homes sold in Midtown Bay?

10 in the last 12 months and 17 in the last 24 months, across all sale types.

What do homes in Midtown Bay rent for?

The median rent for contracts that began in the 12 months to August 2026 was S$4,500 a month, from 111 contracts.

How much lease is left in Midtown Bay?

It is a 99-year lease from 2018, which leaves about 91 years at 2026.

Figures from URA data, 12 months to August 2026. Rents to August 2026. General information, not financial advice.

The figures

Sale prices

Resale and new-sale prices for Midtown Bay
PeriodMedian price per sq ftMedian priceSales
Last 12 monthsS$3,198 psfS$2,475,00010
Last 24 monthsS$3,328 psfS$2,450,00017
Last 5 yearsS$3,255 psfS$2,181,75088

Source: URA data. Data as of August 2026.

New sales

First new sale in our data: October 2019.

New sales of Midtown Bay, median price per sq ft
PeriodMedian price per sq ftNew sales
Last 12 monthsFewer than 5 sales4
Last 24 monthsS$3,377 psf11
Since launchS$3,072 psf146
New sales of Midtown Bay by month
MonthNew sales
October 20253
November 20251

New sales are first sales of new units. Resales and sub sales are not counted. Source: URA data. Data as of August 2026.

Price by year

Median price per sq ft by year for Midtown Bay
YearMedian price per sq ftSales
2021S$3,023 psf17
2022S$3,237 psf20
2023S$3,195 psf36
2024S$3,486 psf9
2025S$3,353 psf10
2026 (to August)S$3,006 psf5

Each year is the median over the sales recorded in it. Source: URA data. Data as of August 2026.

Price by floor range

Median price per sq ft by floor range for Midtown Bay, last 24 months
Floor rangeMedian price per sq ftSales
Floor 21 and aboveS$3,353 psf10

Price by unit size

Median price per sq ft by unit size for Midtown Bay, last 24 months
SizeMedian price per sq ftSales
600 to 899 sq ftS$3,328 psf9

The floor is the storey recorded in each sale. Source: URA data. Sales in the 24 months to August 2026. Data as of August 2026.

Rents

Rents for Midtown Bay
PeriodMedian rentContracts
Last 12 monthsS$4,500 a month111
Last 24 monthsS$4,600 a month146
Rents for Midtown Bay by bedrooms
BedroomsMedian rent, 12 monthsContractsMedian rent, 24 months
1 bedroomS$4,400 a month85S$4,300 a month
2 bedroomsS$6,650 a month24S$6,100 a month
3 bedroomsUnder 5 contracts2Under 5 contracts
4 or more bedroomsUnder 5 contracts0Under 5 contracts

Source: URA data, rental contracts. Rents are the median of the contracts that began in the period. Data as of August 2026.

Where to look next

What could a unit here sell for?

Condo Atlas can give an indicative value for a unit in Midtown Bay, with a likely range and the recent sales behind it. Sign in is free.

Open Midtown Bay in Condo Atlas

Other condos in District 7 (Bugis / Beach Road)

About the data

Figures are medians of transactions recorded by URA, over the periods shown, and a figure appears only when at least 5 records sit behind it. Sale figures: data as of August 2026. Rent figures: data as of August 2026. Swee Homes is not affiliated with URA or Condo Atlas. General information, not financial advice.