16 Tan Quee Lan Street 188144, Bugis, Central Region, Singapore
$2,000,000



















Cheap $2 Million Luxury Entry in CCR / City Centre Serious seller - reduced price from $2,080,000 to $2,000,000. $388,000 cheaper than a 2BR 2-Bath in the same development. Move-in or Ready-to-Lease (fully fitted: ziptrak, blinds, curtains, lights, ceiling fan) Direct integrated MRT interchange (Bugis DTL + EWL) - 2 Bedroom, 1 Bath (efficient layout — no wastage) - Superb city connectivity (direct MRT interchange at your doorstep) - Vibrant CBD fringe — Bugis / Beach Rd / DUO / Suntec / Marina vicinity - Premium full-suite condo with concierge-style lifestyle - Strong rental demand + future upside from Midtown transformation - Sleek interiors with floor-to-ceiling windows and unblocked city views - Thoughtfully designed 2-bed layout — ideal for a private home office or guest room - Full suite of luxury facilities: sky gardens, infinity pools, co-working lounges, entertainment pavilions - Perfect for singles, jetsetters, entrepreneurs or investors looking for strong rental appeal - Priced $2M — a rare opportunity to own in one of the most coveted integrated developments in the city
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: L3008022J
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Automated Valuation based on 203 URA transactions · 6 outliers removed (IQR)
Fair Value
S$1.87M
S$2,942 psf
Asking Price
S$2.00M
S$3,150 psf
vs Market
+7.1%
vs Last Done
+1.7%
Tenure
97 yrs
99-year Leasehold · Balance remaining
Confidence
High
203 comps
Nearest MRT
Bugis
245m away · +3% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
203 comparable transactions
S$2,974
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$2,942
Recent Comparable Transactions
10 shown · 203 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 | 409sqft | S$1,488,000 | ▲S$3,638 +23.7% 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 26-30 | 409sqft | S$1,488,000 | ▲S$3,638 +23.7% vs FV | 99 yrs lease commencing from 2019 |
TAN QUEE LAN STREET
Jun 2025 · Floor 26-30
+5.3% vs FV
TAN QUEE LAN STREET
Jun 2025 · Floor 26-30
+5.3% vs FV
TAN QUEE LAN STREET
Jun 2025 · Floor 06-10
-1.1% vs FV
TAN QUEE LAN STREET
Mar 2025 · Floor 11-15
-0.7% vs FV
TAN QUEE LAN STREET
Mar 2025 · Floor 11-15
+12.6% vs FV
TAN QUEE LAN STREET
Mar 2025 · Floor 11-15
-0.8% vs FV
TAN QUEE LAN STREET
Mar 2025 · Floor 16-20
+16.3% vs FV
TAN QUEE LAN STREET
Dec 2024 · Floor 21-25
+13.1% vs FV
TAN QUEE LAN STREET
Nov 2024 · Floor 26-30
+23.7% vs FV
TAN QUEE LAN STREET
Nov 2024 · Floor 26-30
+10.7% vs FV
TAN QUEE LAN STREET
Nov 2024 · Floor 26-30
+23.7% vs FV
HELIOS AI Analysis
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.