38 Middle Road 188947, Bugis, Central Region, Singapore
$4,286 /month
A beautifully maintained unit at The M, located in the heart of Bugis, one of Singapore’s most vibrant and central districts. This mid-floor unit enjoys an unblocked view, good natural lighting and ventilation, making the home bright and comfortable throughout the day. The M is a modern development completed recently, with full condominium facilities including swimming pool, gym, function room, BBQ pits, garden spaces and 24-hour security. Perfect for working professionals, couples or students who want to live close to the CBD, Marina Bay and City Hall area. The location is extremely convenient — within walking distance to Bugis MRT, City Hall MRT and Bras Basah MRT, with plenty of food options, cafes, restaurants, supermarkets and shopping malls such as Bugis Junction, Bugis+, Suntec City and Raffles City nearby. The unit is well maintained and ideal for tenants looking for a central location with convenience, lifestyle and connectivity all in one place. Unit Highlights: • Mid floor • Unblocked view • Bright and windy • Well maintained unit • Full condo facilities • Prime District 7 location • Walking distance to multiple MRT lines • Available soon (current tenant not renewing) • Flexible viewing arrangements Suitable for singles, couples, expatriates or CBD working professionals. Contact Kenneth for viewing arrangement today. #bugis #theM #rental #singaporerental #singapore #home #新加坡 #新加坡租房
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: L3009250K
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Estimated sale value based on 103 URA transactions
Fair Value
S$1.40M
S$2,651 psf
Asking Price
S$4,286
S$9 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
+2%
Adjusted Fair Value PSF
S$2,651
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 -8.3% vs FV | 99 yrs lease commencing from 2019 |
Aug 2025 | MIDDLE ROAD Floor 01-05 | 463sqft | S$1,125,000 | ▼S$2,431 -8.3% vs FV | 99 yrs lease commencing from 2019 |
Jul 2025 | MIDDLE ROAD Floor 11-15 | 635sqft | S$1,580,000 | ▼S$2,488 -6.1% vs FV | 99 yrs lease commencing from 2019 |
Jun 2025 | MIDDLE ROAD Floor 01-05 | 753sqft | S$2,050,000 | ▲S$2,721 +2.6% vs FV | 99 yrs lease commencing from 2019 |
May 2025 | MIDDLE ROAD Floor 01-05 | 409sqft | S$1,080,000 | ▼S$2,640 -0.4% vs FV | 99 yrs lease commencing from 2019 |
May 2025 | MIDDLE ROAD Floor 11-15 | 764sqft | S$2,088,000 | ▲S$2,732 +3.1% vs FV | 99 yrs lease commencing from 2019 |
May 2025 | MIDDLE ROAD Floor 11-15 | 743sqft | S$2,000,000 | ▲S$2,693 +1.6% vs FV | 99 yrs lease commencing from 2019 |
Apr 2025 | MIDDLE ROAD Floor 01-05 | 452sqft | S$1,130,000 | ▼S$2,500 -5.7% vs FV | 99 yrs lease commencing from 2019 |
Apr 2025 | MIDDLE ROAD Floor 01-05 | 527sqft | S$1,250,000 | ▼S$2,370 -10.6% vs FV | 99 yrs lease commencing from 2019 |
Feb 2025 | MIDDLE ROAD Floor 01-05 | 495sqft | S$1,200,000 | ▼S$2,424 -8.6% vs FV | 99 yrs lease commencing from 2019 |
Feb 2025 | MIDDLE ROAD Floor 01-05 | 452sqft | S$1,250,000 | ▲S$2,765 +4.3% vs FV | 99 yrs lease commencing from 2019 |
MIDDLE ROAD
Aug 2025 · Floor 01-05
-8.3% vs FV
MIDDLE ROAD
Aug 2025 · Floor 01-05
-8.3% vs FV
MIDDLE ROAD
Jul 2025 · Floor 11-15
-6.1% vs FV
MIDDLE ROAD
Jun 2025 · Floor 01-05
+2.6% vs FV
MIDDLE ROAD
May 2025 · Floor 01-05
-0.4% vs FV
MIDDLE ROAD
May 2025 · Floor 11-15
+3.1% vs FV
MIDDLE ROAD
May 2025 · Floor 11-15
+1.6% vs FV
MIDDLE ROAD
Apr 2025 · Floor 01-05
-5.7% vs FV
MIDDLE ROAD
Apr 2025 · Floor 01-05
-10.6% vs FV
MIDDLE ROAD
Feb 2025 · Floor 01-05
-8.6% vs FV
MIDDLE ROAD
Feb 2025 · Floor 01-05
+4.3% vs FV
HELIOS AI-Detected Boosters
HELIOS AI Analysis
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.