Carpmael Thirty-Eight — recent transacted prices and indicative value
Freehold · 1 address
The median price at Carpmael Thirty-Eight over the last 12 months was S$1,896 psf, from 3 recorded sales between Dec 2025 and Oct 2026, with most between S$1,854 psf and S$1,910 psf. This is an indicative figure from recorded transactions, not a formal valuation.
From 3 sales between Dec 2025 and Oct 2026 · 25th to 75th percentile S$1,854 psf to S$1,910 psfLatest recorded sale 1 Oct 2026
How has the price at Carpmael Thirty-Eight changed?
The median price at Carpmael Thirty-Eight has risen 7.5% from S$1,764 psf in Q2 2022 to S$1,896 psf in Q4 2026. This reflects recorded transactions and is not a formal valuation.
How accurate is this estimate for Carpmael Thirty-Eight?
Too few sales since Q1 2026 to score the estimate here. Three are the minimum, and this project has not had them.
Value a unit here
Starts with this address. Type another address or postal code in this project to value that one.
Primary schools within 1 km of Carpmael Thirty-Eight
Measured from each school's land to this project's buildings, the way MOE bands P1 priority. MOE measures to the building's outline, so near 1 km check OneMap's School Query.
- Haig Girls' School (girls) · 440 m
- Tanjong Katong Primary School · 862 m
What does a unit at Carpmael Thirty-Eight rent for?
A typical unit at Carpmael Thirty-Eight rents for about S$6,500 a month, the middle of 1 lease of a similar size recorded by URA. That is a gross yield of 3.39% on the indicative value. Indicative, from recorded rents.
What this home earns against what it costs, set beside what homes like it earn.
3.39% gross yield
S$78,000 of rent a year against the estimate above · 0.23 points above flats like it
Leases signed here within a quarter of this size run about S$6,500 a month, the middle of 1 of them.
In the rest of the central region, freehold flats yield 3.16%, from 844 projects. Too few share this home's remaining lease to measure that separately.
A yield above the mark means the flat rents well for what it costs, which can point to a keen rental patch or a price the sales alone have not caught up with. Below it, buyers are paying for something a tenant will not, such as the address itself.
Recent leases signed here
| Signed | Size | Beds | Type | Rent a month |
|---|---|---|---|---|
| Q3 2026 | 700-800 sqft | 2 | Non-landed Properties | S$3,300 |
| Q1 2026 | 1200-1300 sqft | 4 | Non-landed Properties | S$6,500 |
| Q1 2025 | 1000-1100 sqft | 3 | Non-landed Properties | S$5,200 |
| Q4 2024 | 1000-1100 sqft | 3 | Non-landed Properties | S$5,150 |
| Q3 2024 | 700-800 sqft | 2 | Non-landed Properties | S$3,300 |
median of 1 URA rental contracts at Carpmael Thirty-Eight within a quarter of 117 sqm, since 2025Q4.
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What sizes sell at Carpmael Thirty-Eight?
- 100-120 sqm5 sales
Nearest projects
- Sheba Lodge · 24 m · 1 sales
- The Carpmaelina · 69 m · 9 sales
- Crane Court · 132 m · 2 sales
- Galaxy Towers · 202 m · 10 sales
- Worthington · 214 m · 4 sales
Buying or selling here?
Buying: Stamp duty · Cash and CPF needed · How much can I borrow · Monthly repayment.
Selling: Net proceeds from selling.
What has sold at Carpmael Thirty-Eight recently?
| Date | Detail | Area | Price | Per area |
|---|---|---|---|---|
| Oct 2026 | Carpmael Thirty-Eight · 01-05 · Apartment | 1,259 sqft | S$2,388,000 | S$1,896 psf |
| Jul 2026 | Carpmael Thirty-Eight · 01-05 · Apartment | 1,076 sqft | S$2,070,000 | S$1,923 psf |
| Dec 2025 | Carpmael Thirty-Eight · 01-05 · Apartment | 1,270 sqft | S$2,300,000 | S$1,811 psf |
| Oct 2024 | Carpmael Thirty-Eight · 01-05 · Apartment | 1,173 sqft | S$2,180,000 | S$1,858 psf |
| Apr 2022 | Carpmael Thirty-Eight · 01-05 · Apartment | 1,259 sqft | S$2,222,000 | S$1,764 psf |
Sale prices as filed in caveats.
| Period | Detail | Monthly rent | Per area |
|---|---|---|---|
| Q3 2026 | Carpmael Thirty-Eight · 700-800 sqft · 2 bed · Non-landed Properties | S$3,300 | S$4.40 psf |
| Q1 2026 | Carpmael Thirty-Eight · 1200-1300 sqft · 4 bed · Non-landed Properties | S$6,500 | S$5.20 psf |
| Q1 2025 | Carpmael Thirty-Eight · 1000-1100 sqft · 3 bed · Non-landed Properties | S$5,200 | S$4.95 psf |
| Q4 2024 | Carpmael Thirty-Eight · 1000-1100 sqft · 3 bed · Non-landed Properties | S$5,150 | S$4.90 psf |
| Q3 2024 | Carpmael Thirty-Eight · 700-800 sqft · 2 bed · Non-landed Properties | S$3,300 | S$4.40 psf |
Rents as approved by HDB, or as filed with URA for private homes, where the floor area is given as a band.
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