16 Tan Quee Lan Street 188144, Bugis, Central Region, Singapore
$7,000 /month
D07 - Downtown Core
Bugis MRT · 2 min walk
30 June 2024
Medium (558 units)
558 units
2 Blocks, 30 Floors
Guoco Midtown II Pte Ltd/Midtown Modern Pte Ltd (Guocoland/ Hong Leong Holdings/ Hong Realty)
Midtown Modern has a total of 558 units, from 1 Bed - 1 Bath to 5 Bed - 7 Bath units. There are 36 types of floor plans from 409 sqft to 3,520 sqft.
Midtown Modern has 2 blocks and up to 30 storeys.
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Total Transactions
13
Average Price
S2.4M
Total Value
S30.6M
Calculating fair value from URA transaction data…


License: L3002382K
Estimated sale value based on 863 URA transactions · 46 outliers removed (IQR)
Fair Value
S$2.44M
S$2,703 psf
Asking Price
S$7,000
S$8 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
-99.7%
Tenure
97 yrs
99-year Leasehold · Balance remaining
Confidence
High
863 comps
Nearest MRT
Bugis
245m away · +3% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
863 comparable transactions
S$2,790
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.941
MRT Proximity
Within 500m / 1km
+3%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$2,703
Recent Comparable Transactions
10 shown · 863 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2025 | MIDDLE ROAD Floor 01-05 | 463sqft | S$1,125,000 | ▼S$2,431 -10.1% vs FV | 99 yrs lease commencing from 2019 |
Aug 2025 | MIDDLE ROAD Floor 01-05 | 463sqft | S$1,125,000 | ▼S$2,431 -10.1% vs FV | 99 yrs lease commencing from 2019 |
Aug 2025 | FRASER STREET Floor 06-10 | 721sqft | S$1,510,000 | ▼S$2,094 -22.5% vs FV | 99 yrs lease commencing from 2011 |
Aug 2025 | FRASER STREET Floor 31-35 | 1,001sqft | S$2,200,000 | ▼S$2,198 -18.7% vs FV | 99 yrs lease commencing from 2011 |
Aug 2025 | FRASER STREET Floor 06-10 | 420sqft | S$970,000 | ▼S$2,311 -14.5% vs FV | 99 yrs lease commencing from 2011 |
Jul 2025 | MIDDLE ROAD Floor 11-15 | 635sqft | S$1,580,000 | ▼S$2,488 -8.0% vs FV | 99 yrs lease commencing from 2019 |
Jul 2025 | FRASER STREET Floor 31-35 | 1,528sqft | S$3,450,000 | ▼S$2,257 -16.5% vs FV | 99 yrs lease commencing from 2011 |
Jun 2025 | BEACH ROAD Floor 26-30 | 1,324sqft | S$4,500,000 | ▲S$3,399 +25.7% vs FV | 99 yrs lease commencing from 2018 |
Jun 2025 | BEACH ROAD Floor 21-25 | 753sqft | S$2,680,000 | ▲S$3,557 +31.6% vs FV | 99 yrs lease commencing from 2018 |
Jun 2025 | MIDDLE ROAD Floor 01-05 | 753sqft | S$2,050,000 | ▲S$2,721 +0.7% vs FV | 99 yrs lease commencing from 2019 |
Jun 2025 | TAN QUEE LAN STREET Floor 26-30 | 1,066sqft | S$3,300,000 | ▲S$3,097 +14.6% vs FV | 99 yrs lease commencing from 2019 |
MIDDLE ROAD
Aug 2025 · Floor 01-05
-10.1% vs FV
MIDDLE ROAD
Aug 2025 · Floor 01-05
-10.1% vs FV
FRASER STREET
Aug 2025 · Floor 06-10
-22.5% vs FV
FRASER STREET
Aug 2025 · Floor 31-35
-18.7% vs FV
FRASER STREET
Aug 2025 · Floor 06-10
-14.5% vs FV
MIDDLE ROAD
Jul 2025 · Floor 11-15
-8.0% vs FV
FRASER STREET
Jul 2025 · Floor 31-35
-16.5% vs FV
BEACH ROAD
Jun 2025 · Floor 26-30
+25.7% vs FV
BEACH ROAD
Jun 2025 · Floor 21-25
+31.6% vs FV
MIDDLE ROAD
Jun 2025 · Floor 01-05
+0.7% vs FV
TAN QUEE LAN STREET
Jun 2025 · Floor 26-30
+14.6% vs FV
HELIOS AI Analysis
Based on 863 URA transactions (46 outliers removed), adjusted for: Tenure decay (5.9% discount); MRT Bugis 245m away (+3%)
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.