HomeRentCondo Whole Unit3RMD07 - Beach Road / Bugis / RochorMidtown Modern3 Bed Condo for Rent in Midtown Modern

3 Bed Condo for Rent in Midtown Modern

16 Tan Quee Lan Street 188144, Bugis, Central Region, Singapore

$7,000 /month

Added 7 months ago
Beds: 3Baths: 2Area: 904 sqft
Market Price· Fairly priced
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IMAGES GALLERY

Nearest MRT Station

Property Details

Property ID4rqCefKU9ULu6xdd4rY8bC
PriceS$7,000
Property TypeCondo Whole Unit
StatusFor rent
Beds3
Baths2
Built Area904 sqft
PSF
S$8
Year Built2024
Furnished StatusUnknown

Description

Development Information

District & Area

D07 - Downtown Core

Nearest MRT

Bugis MRT · 2 min walk

Tenure

99 years

TOP Date

30 June 2024

Project Size

Medium (558 units)

558 units

Building Structure

2 Blocks, 30 Floors

Developer

Guoco Midtown II Pte Ltd/Midtown Modern Pte Ltd (Guocoland/ Hong Leong Holdings/ Hong Realty)

Unit Configuration
Bedroom Types1, 2, 3, 4, 5 Bedroom
Floor Plan Details

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.

Site Plan

Midtown Modern has 2 blocks and up to 30 storeys.

Development Facilities
ClubhouseGymJacuzziLap PoolLibraryLoungePavilionPlaygroundPondPool DeckSwimming PoolTennis Court

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Features & Amenities
Lounge
Pavilion
Library
Swimming pool
Pool deck
Jacuzzi
Clubhouse
Tennis court
Playground
Pond
Gym
Lap pool

Location

16 Tan Quee Lan Street 188144, Bugis, Central Region, Singapore

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Total Transactions

13

Average Price

S2.4M

Total Value

S30.6M

Sales Timeline

Property Value Estimate

Estimated sale value based on 188 URA transactions · 6 outliers removed (IQR)

Fair Value

S$2.62M

S$2,893 psf

Asking Price

S$7,000

S$8 psf

Listing Type

Rental

Sale value shown for reference

vs Last Done

Not applicable

Cannot compare rent to sale psf

Tenure

97 yrs

99-year Leasehold · Balance remaining

Confidence

High

188 comps

High = 10+ comps
Medium = 5–9 comps
Low = <5 comps

Nearest MRT

Bugis

245m away · +3% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

188 comparable transactions

S$2,986

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$2,893

Recent Comparable Transactions

10 shown · 188 total
Last Done

TAN QUEE LAN STREET

Jun 2025 · Floor 26-30

S$3,097 psf

+7.1% vs FV

1,066 sqftS$3,300,00099 yrs lease commencing from 2019

TAN QUEE LAN STREET

Jun 2025 · Floor 26-30

S$3,097 psf

+7.1% vs FV

1,066 sqftS$3,300,00099 yrs lease commencing from 2019

TAN QUEE LAN STREET

Jun 2025 · Floor 06-10

S$2,911 psf

+0.6% vs FV

904 sqftS$2,632,00099 yrs lease commencing from 2019

TAN QUEE LAN STREET

Mar 2025 · Floor 11-15

S$2,920 psf

+0.9% vs FV

904 sqftS$2,640,00099 yrs lease commencing from 2019

TAN QUEE LAN STREET

Mar 2025 · Floor 11-15

S$3,312 psf

+14.5% vs FV

721 sqftS$2,388,88899 yrs lease commencing from 2019

TAN QUEE LAN STREET

Mar 2025 · Floor 11-15

S$2,918 psf

+0.9% vs FV

904 sqftS$2,638,00099 yrs lease commencing from 2019

TAN QUEE LAN STREET

Mar 2025 · Floor 16-20

S$3,423 psf

+18.3% vs FV

409 sqftS$1,400,00099 yrs lease commencing from 2019

TAN QUEE LAN STREET

Dec 2024 · Floor 21-25

S$3,328 psf

+15.0% vs FV

721 sqftS$2,400,00099 yrs lease commencing from 2019

TAN QUEE LAN STREET

Nov 2024 · Floor 26-30

S$3,638 psf

+25.8% vs FV

409 sqftS$1,488,00099 yrs lease commencing from 2019

TAN QUEE LAN STREET

Nov 2024 · Floor 26-30

S$3,256 psf

+12.5% vs FV

1,808 sqftS$5,888,00099 yrs lease commencing from 2019

TAN QUEE LAN STREET

Nov 2024 · Floor 26-30

S$3,638 psf

+25.8% vs FV

409 sqftS$1,488,00099 yrs lease commencing from 2019
Below Fair Value
Above Fair Value
FV: S$2,893 psf

HELIOS AI Analysis

Based on 188 URA transactions (6 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.

Tony Chua

Tony Chua

PROPNEX REALTY PTE. LTD.

CEA: L3002382K

+65 9699 xxxx
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