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apartment · 239059

Martin No 38

Project page · Freehold

Indicative value range
S$2,844,333 – S$3,075,000
Indicative mid S$3,000,000 · S$2,654 psf

Based on 5 sales in this project, last 6 months. Search did not need to widen. See the comparable sales.

No storey entered, so sales were not adjusted for height

Freehold tenure: the lease method is for 99-year leasehold only.

Comparable sales

Each price per area is scaled to Q2 2026 by the published index for the quarter it sold in.

SoldWhereFloorSizePricePer sqftIndex ×Adjusted
Jul 2026Martin No 3806-101,335 sqftS$3,650,000S$2,735 psf×1.000S$2,735 psf
Jul 2026Martin No 3811-151,130 sqftS$3,000,000S$2,654 psf×1.000S$2,654 psf
Jul 2026Martin No 3811-151,130 sqftS$3,075,000S$2,721 psf×1.000S$2,721 psf
Jun 2026Martin No 3801-05969 sqftS$2,418,000S$2,496 psf×1.000S$2,496 psf
May 2026Martin No 3801-05969 sqftS$2,438,000S$2,517 psf×1.000S$2,517 psf

How accurate is this estimate for Martin No 38?

We re-ran the estimate as of Q4 2025 on what was known at the time, then compared it with the 7 sales in Martin No 38 since.

Median error
2.0%

Half the estimates came closer than this to what the home actually fetched, half missed by more.

A thin test: 7 sales, so read the figure as a hint, not a verdict.

What the rent says

What this home earns against what it costs, set beside what homes like it earn.

3.16% gross yield

S$94,800 of rent a year against the estimate above · 0.53 points above flats like it

Leases signed here within a quarter of this size run about S$7,900 a month, the middle of 47 of them.

In the core central region, freehold flats yield 2.63%, from 820 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

SignedSizeBedsTypeRent a month
Q3 20261400-1500 sqft3Non-landed PropertiesS$11,120
Q3 20261400-1500 sqft3Non-landed PropertiesS$11,120
Q3 20261400-1500 sqft3Non-landed PropertiesS$9,500
Q3 20261400-1500 sqft3Non-landed PropertiesS$9,300
Q3 20261400-1500 sqft3Non-landed PropertiesS$9,300
Q3 20261400-1500 sqft3Non-landed PropertiesS$9,250
Q3 20261400-1500 sqft3Non-landed PropertiesS$9,250
Q3 20261300-1400 sqft2Non-landed PropertiesS$9,000

median of 47 URA rental contracts at Martin No 38 within a quarter of 105 sqm, since 2025Q4.

Buying or selling at S$3,000,000?

Buying: Stamp duty on S$3,000,000 · Cash and CPF needed on S$3,000,000 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.

Selling: Net proceeds from selling on S$3,000,000.

Each opens with this figure filled in; change anything there.

Primary schools near 38 Martin Road

Measured from each school's land to this address's own point, the way MOE bands P1 priority. MOE measures to the building's outline, so near 1 km or 2 km check OneMap's School Query.

Within about 1 km

1 to 2 km

Past transactions

Recorded sales
DateDetailAreaPricePer area
Jul 2026
Martin No 38 · 11-15 · Apartment
1,130 sqftS$3,075,000S$2,721 psf
Jul 2026
Martin No 38 · 11-15 · Apartment
1,130 sqftS$3,000,000S$2,654 psf
Jul 2026
Martin No 38 · 06-10 · Apartment
1,335 sqftS$3,650,000S$2,735 psf
Jun 2026
Martin No 38 · 01-05 · Apartment
969 sqftS$2,418,000S$2,496 psf
May 2026
Martin No 38 · 01-05 · Apartment
969 sqftS$2,438,000S$2,517 psf
Feb 2026
Martin No 38 · 06-10 · Apartment
1,130 sqftS$3,120,000S$2,761 psf
Jan 2026
Martin No 38 · 01-05 · Apartment
969 sqftS$2,410,000S$2,488 psf
Jun 2025
Martin No 38 · 06-10 · Apartment
1,335 sqftS$3,575,000S$2,678 psf
Jun 2025
Martin No 38 · 06-10 · Apartment
1,335 sqftS$3,550,000S$2,660 psf
May 2025
Martin No 38 · 06-10 · Apartment
969 sqftS$2,455,000S$2,534 psf
Apr 2025
Martin No 38 · 01-05 · Apartment
969 sqftS$2,430,000S$2,508 psf
Apr 2025
Martin No 38 · 06-10 · Apartment
1,335 sqftS$3,580,000S$2,682 psf
Mar 2025
Martin No 38 · 11-15 · Apartment
1,130 sqftS$3,110,000S$2,752 psf
Jan 2025
Martin No 38 · 06-10 · Apartment
1,130 sqftS$2,800,000S$2,477 psf
Nov 2024
Martin No 38 · 01-05 · Apartment
1,130 sqftS$3,138,000S$2,776 psf
Oct 2024
Martin No 38 · 11-15 · Apartment
1,485 sqftS$4,200,000S$2,827 psf
Aug 2024
Martin No 38 · 01-05 · Apartment
969 sqftS$2,500,000S$2,581 psf
Apr 2024
Martin No 38 · 01-05 · Apartment
969 sqftS$2,180,000S$2,250 psf
Dec 2023
Martin No 38 · 01-05 · Apartment
1,335 sqftS$3,450,000S$2,585 psf
Dec 2023
Martin No 38 · 06-10 · Apartment
969 sqftS$2,460,000S$2,539 psf
Mar 2023
Martin No 38 · 11-15 · Apartment
1,485 sqftS$4,100,000S$2,760 psf
Feb 2023
Martin No 38 · 11-15 · Apartment
4,392 sqftS$9,218,808S$2,099 psf
Jan 2023
Martin No 38 · 11-15 · Apartment
3,660 sqftS$7,500,000S$2,049 psf
Oct 2022
Martin No 38 · 06-10 · Apartment
1,130 sqftS$2,900,000S$2,566 psf
Sept 2022
Martin No 38 · 06-10 · Apartment
1,130 sqftS$2,850,000S$2,522 psf
Aug 2022
Martin No 38 · 06-10 · Apartment
1,335 sqftS$3,500,000S$2,622 psf
Mar 2022
Martin No 38 · 06-10 · Apartment
1,130 sqftS$2,750,000S$2,433 psf
Feb 2022
Martin No 38 · 06-10 · Apartment
969 sqftS$2,400,000S$2,477 psf
Dec 2021
Martin No 38 · 01-05 · Apartment
1,076 sqftS$2,675,000S$2,485 psf
Dec 2021
Martin No 38 · 01-05 · Apartment
969 sqftS$2,380,000S$2,457 psf
Nov 2021
Martin No 38 · 06-10 · Apartment
1,130 sqftS$2,800,000S$2,477 psf

Sale prices as filed in caveats.

Indicative estimate from comparable caveats. Not a formal valuation.