38 Middle Road 188947, Bugis, Central Region, Singapore
$5,799 /month
Living area have been partitioned into another bedroom. Renting as 3 bedrooms with 1 bathroom. All rooms can fit Queensize beds, with Study room Single size bed potentially. Prime Location: Situated just 0.30 km from Bugis MRT (DT14, EW12), commuting is a breeze with multiple MRT stations nearby, including Esplanade MRT (0.48 km) and City Hall MRT (0.65 km). Enjoy the convenience of city living while being surrounded by vibrant local amenities. The proximity to premier shopping destinations like Bugis Cube and Suntec City ensures that retail therapy is always at your fingertips. For food enthusiasts, the nearby Queen Street Blk 270 (Albert Centre) and Golden Mile Food Centre offer a myriad of local delights. Educational Institutions Nearby: Singapore Management Uni (SMU) Nanyang Academy of Fine Arts (NAFA) LASALLE College of the Arts School of the Arts, Singapore River Valley Primary School Gig International School Viv's Schoolhouse - Best International Preschool In Singapore Primus Schoolhouse River Valley Preschool EtonHouse Quayside Pre-School Insworld Institute @ North Bridge Centre Childcare and Grocery Needs: Patson's Kids Pte Ltd (0.67 km) is a nearby childcare center, while Cold Storage (0.26 km) ensures your grocery needs are met with ease.
D07 - Downtown Core
Bugis MRT · 3 min walk
29 June 2023
Medium (522 units)
522 units
4 Blocks, 20 Floors
Wingcharm Investment Pte Ltd (Wing Tai Holdings)
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.
The M has 4 blocks and up to 20 storeys.
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Total Transactions
23
Average Price
S1.6M
Total Value
S36.0M
Calculating fair value from URA transaction data…


License: L3008022J
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Estimated sale value based on 103 URA transactions
Fair Value
S$1.99M
S$2,599 psf
Asking Price
S$5,799
S$8 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
96 yrs
99-year Leasehold · Balance remaining
Confidence
High
103 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| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2025 | MIDDLE ROAD Floor 01-05 | 463sqft | S$1,125,000 | ▼S$2,431 -6.5% vs FV | 99 yrs lease commencing from 2019 |
Aug 2025 | MIDDLE ROAD Floor 01-05 | 463sqft | S$1,125,000 | ▼S$2,431 -6.5% vs FV | 99 yrs lease commencing from 2019 |
Jul 2025 | MIDDLE ROAD Floor 11-15 | 635sqft | S$1,580,000 | ▼S$2,488 -4.3% vs FV | 99 yrs lease commencing from 2019 |
Jun 2025 | MIDDLE ROAD Floor 01-05 | 753sqft | S$2,050,000 | ▲S$2,721 +4.7% vs FV | 99 yrs lease commencing from 2019 |
May 2025 | MIDDLE ROAD Floor 01-05 | 409sqft | S$1,080,000 | ▲S$2,640 +1.6% vs FV | 99 yrs lease commencing from 2019 |
May 2025 | MIDDLE ROAD Floor 11-15 | 764sqft | S$2,088,000 | ▲S$2,732 +5.1% vs FV | 99 yrs lease commencing from 2019 |
May 2025 | MIDDLE ROAD Floor 11-15 | 743sqft | S$2,000,000 | ▲S$2,693 +3.6% vs FV | 99 yrs lease commencing from 2019 |
Apr 2025 | MIDDLE ROAD Floor 01-05 | 452sqft | S$1,130,000 | ▼S$2,500 -3.8% vs FV | 99 yrs lease commencing from 2019 |
Apr 2025 | MIDDLE ROAD Floor 01-05 | 527sqft | S$1,250,000 | ▼S$2,370 -8.8% vs FV | 99 yrs lease commencing from 2019 |
Feb 2025 | MIDDLE ROAD Floor 01-05 | 495sqft | S$1,200,000 | ▼S$2,424 -6.7% vs FV | 99 yrs lease commencing from 2019 |
Feb 2025 | MIDDLE ROAD Floor 01-05 | 452sqft | S$1,250,000 | ▲S$2,765 +6.4% vs FV | 99 yrs lease commencing from 2019 |
MIDDLE ROAD
Aug 2025 · Floor 01-05
-6.5% vs FV
MIDDLE ROAD
Aug 2025 · Floor 01-05
-6.5% vs FV
MIDDLE ROAD
Jul 2025 · Floor 11-15
-4.3% vs FV
MIDDLE ROAD
Jun 2025 · Floor 01-05
+4.7% vs FV
MIDDLE ROAD
May 2025 · Floor 01-05
+1.6% vs FV
MIDDLE ROAD
May 2025 · Floor 11-15
+5.1% vs FV
MIDDLE ROAD
May 2025 · Floor 11-15
+3.6% vs FV
MIDDLE ROAD
Apr 2025 · Floor 01-05
-3.8% vs FV
MIDDLE ROAD
Apr 2025 · Floor 01-05
-8.8% vs FV
MIDDLE ROAD
Feb 2025 · Floor 01-05
-6.7% vs FV
MIDDLE ROAD
Feb 2025 · Floor 01-05
+6.4% 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.