Martin No 38
MARTIN ROAD · D09
Median PSF · 12m
S$2,586
Median price · 12m
S$2.72M
Latest sale
S$3.00M
Jul 2026
1-year change
-3.5%
Sales · 12m
6
31 all time
Gross yield
4.24%
28 leases
Price history
How this development has traded
Median transacted price and price per square foot by quarter, from every sale on record here.
- Change over window
- +7.4%
- Annualised
- +1.9%
- Transactions
- 31
- 1 year
- -3.5%
- 3 years p.a.
- +3.5%
- 5 years p.a.
- +0.6%
- Median size
- 1,130 sqft
Against the neighbourhood
How it compares within D09
Orchard, Cairnhill, River Valley. All figures are medians over the last 12 months for private homes in this district.
| Measure | Martin No 38 | D09 median | Difference |
|---|---|---|---|
| Median PSF | S$2,586 | S$2,891 | -10.6% |
| Median price | S$2.72M | S$2.60M | +4.4% |
| Gross rental yield | 4.24% | 3.42% | +0.8 pts |
| 1-year price change | -3.5% | +1.4% | -4.9 pts |
This development trades about 11% below the D09 median price per square foot.
Rental
Rent and yield
From URA private residential rental contracts.
Median monthly rent
S$7,950
Contracts · 12m
28
Implied annual rent
S$95K
Gross yield
4.24%
| Unit type | Contracts | Median rent |
|---|---|---|
| 2 bedroom | 15 | S$8,400 |
| 1 bedroom | 11 | S$6,800 |
| 3 bedroom | 2 | S$9,275 |
Investment analysis
Investment score 58 / 100
Each component is a percentile rank against every other private development in the database. This is an analytical indicator, not financial advice.
58/100
100% of the scoring weight measurable
Every bar is a percentile rank, so 70 means this development sits above roughly 70% of its peers on that factor. Factors we cannot measure are excluded and the remaining weights are rebalanced, rather than scored as zero.
- Liquidityweight 15%87
Transactions in the last 12 months — how easily it trades.
- Rental yieldweight 20%85
Gross yield against every other development in its segment.
- Price momentumweight 18%55
Three-year annualised change in median PSF, or one year where three is unavailable.
- Valuationweight 22%43
How its median price per square foot compares with its own district.
- Locationweight 15%35
Distance to the nearest rail station, plus schools within 1 km. Nearest is Great World MRT at 610 m.
- Supply riskweight 10%31
Upcoming units recorded in the same district. Higher score means less competing supply.
The investment score is an analytical indicator computed from transaction and location data. It is not a recommendation, a forecast, or financial advice.
Location
Nearby amenities
Rail stations
- Great World MRT610 m
- Havelock MRT610 m
- River Valley MRT680 m
- Fort Canning MRT700 m
Schools within 2 km
- River Valley Primary Schoolprimary360 m
- School Of The Arts, Singaporemixed level (s1-jc2)1.4 km
- Alexandra Primary Schoolprimary1.5 km
- Zhangde Primary Schoolprimary1.6 km
Distances are straight-line. Proximity does not determine school admission eligibility.
Supply
Upcoming competition
- THE AVENIRCarmel Development Pte Ltd376 units280 m
- ASPEN LINQOptimus Hill Pte Ltd18 units450 m
- CANNINGHILL PIERSDBS Trustee Limited/Legend Commercial Trustee Pte Ltd/Legend Quay Pte Ltd696 units720 m
- Canninghill PiersDBS Trustee Limited/Legend Commercial Trustee Pte Ltd/Legend Quay Pte Ltd696 units780 m
- GRANGE 1866Grange 1866 Pte Ltd60 units1.4 km
- Residential apartmentsTimes Square Mall Pte Ltd/Polaris Time Square Residences Pte Ltd876 units1.4 km
High upcoming supply nearby may increase competition for tenants and buyers.
The record
Transactions at this development
| Month | Type | Price | Size | PSF | Floor | Lease left |
|---|---|---|---|---|---|---|
| Jul 2026 | Apartment | S$3,650,000 | 1,335 sqft | S$2,735 | 06-10 | — |
| Jul 2026 | Apartment | S$3,000,000 | 1,130 sqft | S$2,654 | 11-15 | — |
| Jun 2026 | Apartment | S$2,418,000 | 969 sqft | S$2,496 | 01-05 | — |
| May 2026 | Apartment | S$2,438,000 | 969 sqft | S$2,517 | 01-05 | — |
| Feb 2026 | Apartment | S$3,120,000 | 1,130 sqft | S$2,761 | 06-10 | — |
| Jan 2026 | Apartment | S$2,410,000 | 969 sqft | S$2,488 | 01-05 | — |
| Jun 2025 | Apartment | S$3,575,000 | 1,335 sqft | S$2,678 | 06-10 | — |
| Jun 2025 | Apartment | S$3,550,000 | 1,335 sqft | S$2,660 | 06-10 | — |
| May 2025 | Apartment | S$2,455,000 | 969 sqft | S$2,534 | 06-10 | — |
| Apr 2025 | Apartment | S$3,580,000 | 1,335 sqft | S$2,682 | 06-10 | — |
| Apr 2025 | Apartment | S$2,430,000 | 969 sqft | S$2,508 | 01-05 | — |
| Mar 2025 | Apartment | S$3,110,000 | 1,130 sqft | S$2,752 | 11-15 | — |
| Jan 2025 | Apartment | S$2,800,000 | 1,130 sqft | S$2,477 | 06-10 | — |
| Nov 2024 | Apartment | S$3,138,000 | 1,130 sqft | S$2,776 | 01-05 | — |
| Oct 2024 | Apartment | S$4,200,000 | 1,485 sqft | S$2,827 | 11-15 | — |
| Aug 2024 | Apartment | S$2,500,000 | 969 sqft | S$2,581 | 01-05 | — |
| Apr 2024 | Apartment | S$2,180,000 | 969 sqft | S$2,250 | 01-05 | — |
| Dec 2023 | Apartment | S$3,450,000 | 1,335 sqft | S$2,585 | 01-05 | — |
| Dec 2023 | Apartment | S$2,460,000 | 969 sqft | S$2,539 | 06-10 | — |
| Mar 2023 | Apartment | S$4,100,000 | 1,485 sqft | S$2,760 | 11-15 | — |
| Feb 2023 | Apartment | S$9,218,808 | 4,392 sqft | S$2,099 | 11-15 | — |
| Jan 2023 | Apartment | S$7,500,000 | 3,660 sqft | S$2,049 | 11-15 | — |
| Oct 2022 | Apartment | S$2,900,000 | 1,130 sqft | S$2,566 | 06-10 | — |
| Sep 2022 | Apartment | S$2,850,000 | 1,130 sqft | S$2,522 | 06-10 | — |
| Aug 2022 | Apartment | S$3,500,000 | 1,335 sqft | S$2,622 | 06-10 | — |
| Mar 2022 | Apartment | S$2,750,000 | 1,130 sqft | S$2,433 | 06-10 | — |
| Feb 2022 | Apartment | S$2,400,000 | 969 sqft | S$2,477 | 06-10 | — |
| Dec 2021 | Apartment | S$2,675,000 | 1,076 sqft | S$2,485 | 01-05 | — |
| Dec 2021 | Apartment | S$2,380,000 | 969 sqft | S$2,457 | 01-05 | — |
| Nov 2021 | Apartment | S$2,800,000 | 1,130 sqft | S$2,477 | 06-10 | — |
| Sep 2021 | Apartment | S$2,430,000 | 969 sqft | S$2,508 | 06-10 | — |
Alternatives
Comparable developments nearby
Within 1.5 km, same segment, with recorded activity in the last 12 months.
Martin Edge
S$1,806
+9.0%1 sales4.4% yield
The Inspira
S$2,505
+8.8%2 sales3.5% yield
8 Rodyk
S$2,404
-1.0%1 sales6.4% yield
Watermark Robertson Quay
S$2,323
+0.8%8 sales3.8% yield
Up@Robertson Quay
S$2,037
-4.3%1 sales4.8% yield
Robertson Blue
S$1,950
—2 sales2.8% yield
Rivergate
S$3,093
+5.0%10 sales3.6% yield
Robertson 100
S$2,419
+3.5%5 sales3.3% yield
Important
Property values shown are estimates generated from available transaction and market data and are not official valuations. Actual transaction prices may differ. Data availability and accuracy depend on the underlying source datasets. Users should conduct their own due diligence and seek professional advice where appropriate.