The Midas

Summary
Location & Amenities
Floor Plans
Sales Data
Rental Data
Unit Size
Nearby Properties
Land Sales
Listings

Summary

Location & Amenities

Floor Plans

Sales Data

Rental Data

Unit Size

Nearby Properties

Land Sales

Listings

  See All 2 Photos

Sale Price

Average
S$ 921 psf
Range
S$ 833 - 1,002 psf

Rental Price

Average
S$ 2.7 psf pm
Range
S$ 2.2 - 3.3 psf pm

Rental Yield

3.6%

Rental income expressed as a percentage of the property's value.

Amenities

3.3
3.3

Convenience

3.7
3.7

Connectivity

Details

No Data

Note: *Based on transactions in the last 12 months. #Based on the street rental data in the last 12 months, may not be representative.

Description
The Midas is developed by SUSTAINED DEVELOPMENT PTE LTD. Occupying a land size of 987 sqm and a gross floor area of 2,765 sqm, it is a freehold apartment property located at D14 / Geylang.

This development is built in 2008 and has 28 units.

Based on past property transactions, it is currently sold at a price range of S$ 833 - S$ 1,002 for an average of S$ 921 psf. Its highest recorded transaction was S$ 1,039 psf in Nov 2017 for a 818-sqft unit and its lowest recorded transaction was S$ 351 psf in Jul 2006 for a 2,121-sqft unit. Based on records, buyers of this development are Singaporean 70.2%, PR 19.3%, Foreigner 10.5%, Company 0.0%. Its current rental yield is at 3.6%.

The following are amenities within 500m of The Midas: 2 Childcare Centre(s), YOUNG TALENTS PRESKOOL PTE LTD, THE LITTLE CHAMPIONS (TLC) PTE. LTD.. 2 School(s), KONG HWA SCHOOL, TCM AND HEALTHCARE COLLEGE.
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Floor Plans
26
2
1

THE MIDAS - 26 - 2 - 1

Sales Transaction of THE MIDAS (Limited to 10)

Unit Search
#
There are 47 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Date
Area(sqft)
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source
No Data

Rental Trends

Rental Transactions of THE MIDAS
Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source
No Data
Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
800 to 900
0
2
-
-
X.X
1300 to 1400
0
1
-
-
X.X
1100 to 1200
0
1
-
-
X.X
Historical Rental Along Lorong 30 Geylang
Month
Street
Type
Lowest Rental (S$ PSF PM)
Rental 25th (S$ PSF PM)
Median Rental (S$ PSF PM)
Rental 75th (S$ PSF PM)
Highest Rental (S$ PSF PM)
Contracts
No Data
Historical Quarterly Rental
Note: 25% of the tenant population paid below Rental 25th, 50% paid below the Median Rental and 75% paid below Rental 75th. Data are only available if there are more than 10 contracts signed in any quarter.

Graph Data

Table Data

PeriodRental 25th (S$ psf pm)Median Rental (S$ psf pm)Rental 75th (S$ psf pm)Contacts Signed
No Data
Estimated Unit Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.

Graph Data

Table Data

Unit Size (sqft)Estimated UnitsPercentage of Total
No Data
Unit Mix
Bedroom Type
1BR
Area
1410 - 2121 sqft
No. of Units
6
Bedroom Type
2BR
Area
818 - 2164 sqft
No. of Units
57
Bedroom Type
3BR
Area
1076 - 1593 sqft
No. of Units
36
Bedroom Type
4BR
Area
2077 - 2164 sqft
No. of Units
6

Nearby Land Sales

Status
Street NameLocationLand AttributesEstimated Breakeven
Sold On MAR 2019
Sims Drive
Site Use
Residential
Tenure
99
Site Area (sqm)
16,225
Site GFA (sqm)
48,676
Highest Bid ($M)
383530000
Highest Bid ($PSF)
732
Number of BIDS
5
Land ($M)
383.5
Construction ($M)
172.9
Land Financing ($M)
33.6
Profesional / Legal / Taxes ($M)
66.8
Marketing / Others ($M)
39.4
Estimated Total Cost ($M)
696.17
Estimated Breakeven ($psf ppr)
1,328.70
Sold On AUG 2020
Lorong 13 Geylang (Former Yuen Sing Mansion)
Site Use
Residential
Tenure
fh
Site Area (sqm)
731
Site GFA (sqm)
2,252
Highest Bid ($M)
15200000
Highest Bid ($PSF)
-
Number of BIDS
-
Land ($M)
15.2
Construction ($M)
8
Land Financing ($M)
1.3
Profesional / Legal / Taxes ($M)
2.8
Marketing / Others ($M)
1.6
Estimated Total Cost ($M)
28.95
Estimated Breakeven ($psf ppr)
1,194.54
Sold On SEP 2020
8 Lorong 25A Geylang (Former Advance Apartment)
Site Use
Residential
Tenure
fh
Site Area (sqm)
1,062
Site GFA (sqm)
2,973
Highest Bid ($M)
26500000
Highest Bid ($PSF)
-
Number of BIDS
-
Land ($M)
26.5
Construction ($M)
10.6
Land Financing ($M)
2.3
Profesional / Legal / Taxes ($M)
4.4
Marketing / Others ($M)
2.6
Estimated Total Cost ($M)
46.46
Estimated Breakeven ($psf ppr)
1,451.69
Sold On JUL 2019
Former Leshan Gardens
Site Use
Residential
Tenure
99
Site Area (sqm)
1,525
Site GFA (sqm)
4,269
Highest Bid ($M)
26280000
Highest Bid ($PSF)
-
Number of BIDS
-
Land ($M)
26.3
Construction ($M)
15.2
Land Financing ($M)
2.3
Profesional / Legal / Taxes ($M)
5
Marketing / Others ($M)
2.9
Estimated Total Cost ($M)
51.64
Estimated Breakeven ($psf ppr)
1,123.73

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