Home Buy All 3RM D07 - Beach Road / Bugis / Rochor3 Bed Condo for Sale in Midtown Modern

3 Bed Condo for Sale in Midtown Modern

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

$2,850,000

Added 2 months ago

CondoFor sale

Beds: 3Baths: 2Area: 904 sqft

Above Market· 7.2% above market

+7View all

Nearest MRT Station

Bugis

East-West Line EW12

walk•

Property Details

Property IDMGfncXQgGQUGEM37onAU48

PriceS$2,850,000

Property TypeCondo

StatusFor sale

Beds3

Baths2

Built Area904 sqft

PSF

S$3,153

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

Lap pool

Jacuzzi

Pavilion

Playground

Pond

Gym

Lounge

Library

Clubhouse

Pool deck

Swimming pool

Tennis court

Location

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

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Mortgage Calculation

Price

Tenure (yrs)20 yrs

410203035

Loan (%)75 %

1020406075

Interest (%)4 %

0.1123456

Mortgage calculation on 4% interest rate

S$ 0

Loan Amount (75%)

Downpayment (25%)

S$ 0

/month

Principal

S$ 0

Interest

S$ 0

Total Transactions

Average Price

S2.4M

Total Value

S30.6M

Sales Timeline

Home Report · AVM Fair Value

Automated Valuation based on 552 URA transactions · 19 outliers removed (IQR)

Fair Value

S$2.66M

S$2,942 psf

Asking Price

S$2.85M

S$3,153 psf

vs Market

+7.2%

Above Market

vs Last Done

+1.8%

Market Price

Tenure

97 yrs

99-year Leasehold · Balance remaining

Confidence

High

552 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

552 comparable transactions

S$2,848

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

Adjusted Fair Value PSF

S$2,942

Recent Comparable Transactions

10 shown · 552 total

Date	Block / Street	Area	Price	PSF	Tenure
Last DoneJun 2025	TAN QUEE LAN STREET Floor 26-30	1,066sqft	S$3,300,000	▲S$3,097 +5.3% 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 +5.3% vs FV	99 yrs lease commencing from 2019
Jun 2025	TAN QUEE LAN STREET Floor 06-10	904sqft	S$2,632,000	▼S$2,911 -1.1% vs FV	99 yrs lease commencing from 2019
Mar 2025	TAN QUEE LAN STREET Floor 11-15	904sqft	S$2,640,000	▼S$2,920 -0.7% vs FV	99 yrs lease commencing from 2019
Mar 2025	TAN QUEE LAN STREET Floor 11-15	721sqft	S$2,388,888	▲S$3,312 +12.6% vs FV	99 yrs lease commencing from 2019
Mar 2025	TAN QUEE LAN STREET Floor 11-15	904sqft	S$2,638,000	▼S$2,918 -0.8% vs FV	99 yrs lease commencing from 2019
Mar 2025	TAN QUEE LAN STREET Floor 16-20	409sqft	S$1,400,000	▲S$3,423 +16.3% vs FV	99 yrs lease commencing from 2019
Dec 2024	TAN QUEE LAN STREET Floor 21-25	721sqft	S$2,400,000	▲S$3,328 +13.1% vs FV	99 yrs lease commencing from 2019
Nov 2024	TAN QUEE LAN STREET Floor 26-30	1,808sqft	S$5,888,000	▲S$3,256 +10.7% vs FV	99 yrs lease commencing from 2019
Nov 2024	TAN QUEE LAN STREET Floor 21-25	1,808sqft	S$5,688,000	▲S$3,145 +6.9% vs FV	99 yrs lease commencing from 2019
Sep 2024	TAN QUEE LAN STREET Floor 26-30	1,808sqft	S$6,530,000	▲S$3,611 +22.7% vs FV	99 yrs lease commencing from 2019

Last Done

TAN QUEE LAN STREET

Jun 2025 · Floor 26-30

▲S$3,097 psf

+5.3% 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

+5.3% 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

-1.1% 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

-0.7% 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

+12.6% 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

-0.8% 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

+16.3% 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

+13.1% vs FV

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

TAN QUEE LAN STREET

Nov 2024 · Floor 26-30

▲S$3,256 psf

+10.7% vs FV

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

TAN QUEE LAN STREET

Nov 2024 · Floor 21-25

▲S$3,145 psf

+6.9% vs FV

1,808 sqftS$5,688,00099 yrs lease commencing from 2019

TAN QUEE LAN STREET

Sep 2024 · Floor 26-30

▲S$3,611 psf

+22.7% vs FV

1,808 sqftS$6,530,00099 yrs lease commencing from 2019

Below Fair Value

Above Fair Value

FV: S$2,942 psf

HELIOS AI Analysis

Based on 552 URA transactions (19 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.

Calculating fair value from URA transaction data…

Adrian Koh

License: L3008022J

3 Bed Condo for Sale in Midtown Modern

IMAGES GALLERY

Nearest MRT Station

Property Details

Description

District & Area

Nearest MRT

Tenure

TOP Date

Project Size

Building Structure

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Location

Mortgage Calculation

Mortgage calculation on 4% interest rate

Sales Timeline

Home Report · AVM Fair Value

Adrian Koh

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Home Report · AVM Fair Value