HomeBuyAll2RMD07 - Beach Road / Bugis / Rochor2 Bed Condo for Sale in The M

2 Bed Condo for Sale in The M

38 Middle Road 188947, Bugis, Central Region, Singapore

$1,908,000

Added 3 months ago
Beds: 2Baths: 1Area: 614 sqft
Above Market· 19.5% above market
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IMAGES GALLERY

Nearest MRT Station

Property Details

Property ID86Ek4MoXZWi3BWpzmbjMkC
PriceS$1,908,000
Property TypeCondo
StatusFor sale
Beds2
Baths1
Built Area614 sqft
PSF
S$3,107
Year Built2023
Furnished StatusUnknown

Description

Development Information

District & Area

D07 - Downtown Core

Nearest MRT

Bugis MRT · 3 min walk

Tenure

99 years

TOP Date

29 June 2023

Project Size

Medium (522 units)

522 units

Building Structure

4 Blocks, 20 Floors

Developer

Wingcharm Investment Pte Ltd (Wing Tai Holdings)

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

The M has a total of 522 units, from 1 Bed - 1 Bath to 3 Bed - 2 Bath units. There are 67 types of floor plans from 409 sqft to 1,012 sqft.

Site Plan

The M has 4 blocks and up to 20 storeys.

Development Facilities
BBQClubhouseFitness CornerGymJacuzziLoungePool DeckRetail ShopsSecuritySwimming PoolYoga Corner

Loading Nearby Amenities...

Features & Amenities
Pool deck
Corner unit
Fitness corner
Clubhouse
Bbq
Security
Balcony
Swimming pool
Gym
Yoga corner
Jacuzzi
Lounge
Retail shops

Location

38 Middle Road 188947, Bugis, 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

23

Average Price

S1.6M

Total Value

S36.0M

Sales Timeline

Home Report · AVM Fair Value

Automated Valuation based on 103 URA transactions

Fair Value

S$1.60M

S$2,599 psf

Asking Price

S$1.91M

S$3,107 psf

vs Market

+19.5%

Above Market

vs Last Done

+27.8%

Above Market

Tenure

96 yrs

99-year Leasehold · Balance remaining

Confidence

High

103 comps

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

Nearest MRT

Bugis

368m away · +3% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

103 comparable transactions

S$2,768

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×0.912

MRT Proximity

Within 500m / 1km

+3%

AI Condition Premium

HELIOS scan of listing description

0%

Adjusted Fair Value PSF

S$2,599

Recent Comparable Transactions

10 shown · 103 total
Last Done

MIDDLE ROAD

Aug 2025 · Floor 01-05

S$2,431 psf

-6.5% vs FV

463 sqftS$1,125,00099 yrs lease commencing from 2019

MIDDLE ROAD

Aug 2025 · Floor 01-05

S$2,431 psf

-6.5% vs FV

463 sqftS$1,125,00099 yrs lease commencing from 2019

MIDDLE ROAD

Jul 2025 · Floor 11-15

S$2,488 psf

-4.3% vs FV

635 sqftS$1,580,00099 yrs lease commencing from 2019

MIDDLE ROAD

Jun 2025 · Floor 01-05

S$2,721 psf

+4.7% vs FV

753 sqftS$2,050,00099 yrs lease commencing from 2019

MIDDLE ROAD

May 2025 · Floor 01-05

S$2,640 psf

+1.6% vs FV

409 sqftS$1,080,00099 yrs lease commencing from 2019

MIDDLE ROAD

May 2025 · Floor 11-15

S$2,732 psf

+5.1% vs FV

764 sqftS$2,088,00099 yrs lease commencing from 2019

MIDDLE ROAD

May 2025 · Floor 11-15

S$2,693 psf

+3.6% vs FV

743 sqftS$2,000,00099 yrs lease commencing from 2019

MIDDLE ROAD

Apr 2025 · Floor 01-05

S$2,500 psf

-3.8% vs FV

452 sqftS$1,130,00099 yrs lease commencing from 2019

MIDDLE ROAD

Apr 2025 · Floor 01-05

S$2,370 psf

-8.8% vs FV

527 sqftS$1,250,00099 yrs lease commencing from 2019

MIDDLE ROAD

Feb 2025 · Floor 01-05

S$2,424 psf

-6.7% vs FV

495 sqftS$1,200,00099 yrs lease commencing from 2019

MIDDLE ROAD

Feb 2025 · Floor 01-05

S$2,765 psf

+6.4% vs FV

452 sqftS$1,250,00099 yrs lease commencing from 2019
Below Fair Value
Above Fair Value
FV: S$2,599 psf

HELIOS AI Analysis

Based on 103 URA transactions (0 outliers removed), adjusted for: Tenure decay (8.8% discount); MRT Bugis 368m away (+3%)

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

MAX LIM

MAX LIM

PROPNEX REALTY PTE. LTD.

License: L3008022J

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