HomeBuyAll1RMD07 - Beach Road / Bugis / Rochor1 Bed Condo for Sale in Midtown Bay

1 Bed Condo for Sale in Midtown Bay

122 Beach Road 189770, City Hall, Central Region, Singapore

$1,488,000

Added 4 months ago
Beds: 1Baths: 1Area: 409 sqft
Above Market· 12.7% above market
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IMAGES GALLERY

Nearest MRT Station

Property Details

Property IDa94RYEaTa6WxhpTaxYqT69
PriceS$1,488,000
Property TypeCondo
StatusFor sale
Beds1
Baths1
Built Area409 sqft
PSF
S$3,638
Year Built2024
Furnished StatusUnknown

Description

Development Information

District & Area

D07 - Downtown Core

Nearest MRT

Esplanade MRT · 4 min walk

Tenure

99 years

TOP Date

31 May 2024

Project Size

Small (219 units)

219 units

Building Structure

1 Block, 32 Floors

Developer

Guoco Midtown Pte Ltd/Midtown Bay Pte Ltd (Guocoland)

Unit Configuration
Bedroom Types1, 2, 2003 Bedroom
Floor Plan Details

Midtown Bay has a total of 219 units, from 1 Bed - 1 Bath to 3 Bed - 3 Bath units. There are 23 types of floor plans from 409 sqft to 1,324 sqft.

Site Plan

Midtown Bay has 1 block and up to 32 storeys.

Development Facilities
Fitness CornerJogging TrackLap PoolLoungeMeeting RoomOpen TerracePavilionPool DeckSky TerraceWater Feature

Loading Nearby Amenities...

Features & Amenities
Jogging track
Pavilion
Open terrace
Lap pool
Water feature
Sky terrace
Pool deck
Meeting room
Fitness corner
Lounge

Location

122 Beach Road 189770, City Hall, Central Region, Singapore

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Mortgage Calculation

S$
20 yrs
410203035
75 %
1020406075
4 %
0.1123456

Mortgage calculation on 4% interest rate

S$ 0
Loan Amount (75%)
Downpayment (25%)
S$ 0
S$ 0
/month
Principal
S$ 0
Interest
S$ 0

Total Transactions

2

Average Price

S1.7M

Total Value

S3.3M

Sales Timeline

Home Report · AVM Fair Value

Automated Valuation based on 79 URA transactions · 2 outliers removed (IQR)

Fair Value

S$1.32M

S$3,229 psf

Asking Price

S$1.49M

S$3,638 psf

vs Market

+12.7%

Above Market

vs Last Done

+7.0%

Above Market

Tenure

97 yrs

99-year Leasehold · Balance remaining

Confidence

High

79 comps

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

Nearest MRT

Esplanade

368m away · +3% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

79 comparable transactions

S$3,272

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$3,229

Recent Comparable Transactions

10 shown · 79 total
Last Done

BEACH ROAD

Jun 2025 · Floor 26-30

S$3,399 psf

+5.3% vs FV

1,324 sqftS$4,500,00099 yrs lease commencing from 2018

BEACH ROAD

Jun 2025 · Floor 26-30

S$3,399 psf

+5.3% vs FV

1,324 sqftS$4,500,00099 yrs lease commencing from 2018

BEACH ROAD

Jun 2025 · Floor 21-25

S$3,557 psf

+10.2% vs FV

753 sqftS$2,680,00099 yrs lease commencing from 2018

BEACH ROAD

Apr 2025 · Floor 21-25

S$3,285 psf

+1.7% vs FV

743 sqftS$2,440,00099 yrs lease commencing from 2018

BEACH ROAD

Mar 2025 · Floor 26-30

S$3,314 psf

+2.6% vs FV

1,324 sqftS$4,388,00099 yrs lease commencing from 2018

BEACH ROAD

Mar 2025 · Floor 16-20

S$3,561 psf

+10.3% vs FV

452 sqftS$1,610,00099 yrs lease commencing from 2018

BEACH ROAD

Nov 2024 · Floor 16-20

S$3,557 psf

+10.2% vs FV

452 sqftS$1,608,00099 yrs lease commencing from 2018

BEACH ROAD

Sep 2024 · Floor 06-10

S$3,109 psf

-3.7% vs FV

753 sqftS$2,342,60099 yrs lease commencing from 2018

BEACH ROAD

Aug 2024 · Floor 06-10

S$3,320 psf

+2.8% vs FV

484 sqftS$1,608,00099 yrs lease commencing from 2018

BEACH ROAD

May 2024 · Floor 16-20

S$3,689 psf

+14.2% vs FV

732 sqftS$2,700,00099 yrs lease commencing from 2018

BEACH ROAD

Apr 2024 · Floor 16-20

S$3,506 psf

+8.6% vs FV

732 sqftS$2,566,08099 yrs lease commencing from 2018
Below Fair Value
Above Fair Value
FV: S$3,229 psf

HELIOS AI Analysis

Based on 79 URA transactions (2 outliers removed), adjusted for: Tenure decay (5.9% discount); MRT Esplanade 368m away (+3%)

⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.

Sarah Wong

Sarah Wong

PROPNEX REALTY PTE. LTD.

CEA: L3008022J

+65 8836 xxxx
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