The Midas
The Midas is a freehold condominium in District 14 (Geylang, Eunos), within Singapore's Rest of Central Region (RCR). The development comprises 28 units. Sale and rental figures on this page are compiled from URA transaction records. Nearby developments in District 14 can be compared on ShiokNest's district analytics pages.
Overview & Key Facts
THE MIDAS is a freehold condominium at LORONG 30 GEYLANG in District 14 (RCR), developed by SUSTAINED DEVELOPMENT PTE LTD, comprising 28 units.
Location & Connectivity
THE MIDAS is approximately 530m from Aljunied MRT station, with 6 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Aljunied | East-West Line | 530m |
| Dakota | Circle Line | 570m |
| Mountbatten | Circle Line | 860m |
| Paya Lebar | East-West Line | 950m |
| Paya Lebar | Circle Line | 950m |
| Tanjong Katong | Thomson-East Coast Line | 1.3 km |
Schools & Education
16 schools within 2 km (4 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Geylang Methodist School (Primary) | Primary | 50m |
| Geylang Methodist School (Secondary) | Secondary | 180m |
| Kong Hwa School | Primary | 520m |
| One World International School (Mountbatten) | International | 580m |
| Haig Girls' School | Primary | 1.1 km |
| Olympiad International School | International | 1.1 km |
| Tanjong Katong Primary School | Primary | 1.4 km |
| Tao Nan School | Primary | 1.5 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 2 | $1,284 psf | $1,050,000 |
| 3 BR | 4 | $1,052 psf | $1,177,500 |
| 4 BR | 1 | $1,194 psf | $1,683,888 |
Market Position
THE MIDAS has recorded 7 sales at an average price of $1,213,413.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at THE MIDAS typically rent harder per dollar of purchase price. The final column shows monthly rent per $100,000 invested, so unit sizes compare on equal capital:
| Type | Avg Rent | Avg Price | Gross Yield | Rent per $100k |
|---|---|---|---|---|
| 2 BR | $3,060/mo | $1,050,000 | 3.50% | $291/mo |
| 3 BR | $3,859/mo | $1,177,500 | 3.93% | $328/mo |
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Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 1 | $1,002 psf | — |
| 2022 | 3 | $1,068 psf | ↑ 6.6% |
| 2024 | 3 | $1,254 psf | ↑ 17.4% |
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THE MIDAS prices sit at a fresh series high after a 17.4% gain on the prior period, now 25.1% above the 2021 starting level.
Price Index Check
The ShiokNest Price Index for District 14 reads 119.9 as of June 2026 — down 6.9% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.
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Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| PARC ESTA | 99 yrs lease commencing from 2018 | $2,188 psf | 496 |
| SIMS URBAN OASIS | 99 yrs lease commencing from 2014 | $1,766 psf | 375 |
| PENROSE | 99 yrs lease commencing from 2019 | $1,933 psf | 359 |
| EUHABITAT | 99 yrs lease commencing from 2010 | $1,331 psf | 244 |
| THE ANTARES | 99 yrs lease commencing from 2018 | $1,835 psf | 230 |
What Could Work Against You
- Only 0 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
- At 28 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
Best suited for
Who This Actually Suits
This is a strong match for car-owning households, long-term hold (10+ yr), freehold / generational hold and boutique low-density (<100 units). At ~528m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.
For yield-focused investors, it can work — but weigh the trade-offs before committing.
It is a weaker fit for short-term flippers (<5 yr) — other options likely serve them better. Recent vintage for buyers exploring the 3-5 year resale-arbitrage strategy.
Verdict
THE MIDAS is a freehold development in District 14 (RCR), with 28 units, offering a gross yield of 3.6%.
Explore the full THE MIDAS dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing THE MIDAS against staying public? These HDB towns sit within walking or short-drive distance:
- Geylang — 4-room average $761,443 (270m away), an upgrader gap of about $450,000
- Kallang/whampoa — 4-room average $882,887 (1.1 km away), an upgrader gap of about $350,000
FAQ
What is the average PSF for THE MIDAS?
Is THE MIDAS freehold?
What is the rental yield for THE MIDAS?
Which MRT is nearest to THE MIDAS?
Sources & Next Steps
- THE MIDAS Dashboard — Live charts and analytics
- URA — Official transaction data
- District 14 (Geylang, Eunos) — District 14 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 7 transactions
- Rental data: 22 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Dec 2024 · 7 records analysed · Source: URA private-sale caveats