Race Course 138
RACE COURSE ROAD · Singapore 218688 · D08
Median PSF · 12m
S$1,075
Median price · 12m
S$1.25M
Latest sale
S$1.20M
Mar 2026
1-year change
-5.3%
Sales · 12m
2
10 all time
Gross yield
5.14%
8 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
- -4.8%
- Annualised
- -2.7%
- Transactions
- 10
- 1 year
- -5.3%
- 3 years p.a.
- -11.9%
- 5 years p.a.
- —
- Median size
- 1,163 sqft
Against the neighbourhood
How it compares within D08
Little India, Farrer Park, Jalan Besar. All figures are medians over the last 12 months for private homes in this district.
| Measure | Race Course 138 | D08 median | Difference |
|---|---|---|---|
| Median PSF | S$1,075 | S$1,786 | -39.8% |
| Median price | S$1.25M | S$1.64M | -23.7% |
| Gross rental yield | 5.14% | 4.00% | +1.1 pts |
| 1-year price change | -5.3% | +1.5% | -6.8 pts |
This development trades about 40% below the D08 median price per square foot.
Rental
Rent and yield
From URA private residential rental contracts.
Median monthly rent
S$4,575
Contracts · 12m
8
Implied annual rent
S$55K
Gross yield
5.14%
| Unit type | Contracts | Median rent |
|---|---|---|
| 3 bedroom | 4 | S$4,575 |
| 1 bedroom | 2 | S$3,200 |
| 4 bedroom | 2 | S$6,600 |
Investment analysis
Investment score 69 / 100
Each component is a percentile rank against every other private development in the database. This is an analytical indicator, not financial advice.
69/100
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.
- Rental yieldweight 20%96
Gross yield against every other development in its segment.
- Valuationweight 22%95
How its median price per square foot compares with its own district.
- Supply riskweight 10%92
Upcoming units recorded in the same district. Higher score means less competing supply.
- Liquidityweight 15%69
Transactions in the last 12 months — how easily it trades.
- Locationweight 15%56
Distance to the nearest rail station, plus schools within 1 km. Nearest is Boon Keng MRT at 510 m.
- Price momentumweight 18%2
Three-year annualised change in median PSF, or one year where three is unavailable.
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
- Boon Keng MRT510 m
- Farrer Park MRT590 m
- Bendemeer MRT620 m
- Lavender MRT1.1 km
Schools within 2 km
- Northlight Schoolsecondary (s1-s4)440 m
- Hong Wen Schoolprimary650 m
- Farrer Park Primary Schoolprimary910 m
- Bendemeer Secondary Schoolsecondary (s1-s5)1.0 km
- Bendemeer Primary Schoolprimary1.0 km
- St. Joseph'S Institution Juniorprimary1.4 km
Distances are straight-line. Proximity does not determine school admission eligibility.
Supply
Upcoming competition
- PICCADILLY GRANDMaximus Residential SG Pte Ltd/Maximus Commercial SG Pte Ltd407 units810 m
- SANCTUARY@NEWTONASK Development Pte Ltd38 units1.8 km
- ORCHARD SOPHIAOrchard Sophia Pte Ltd78 units1.9 km
- ENCHANT�Evelyn Pte Ltd25 units2.0 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 |
|---|---|---|---|---|---|---|
| Mar 2026 | Apartment | S$1,200,000 | 1,141 sqft | S$1,052 | 01-05 | — |
| Dec 2025 | Apartment | S$1,300,000 | 1,184 sqft | S$1,098 | 01-05 | — |
| May 2025 | Apartment | S$1,500,008 | 1,442 sqft | S$1,040 | 01-05 | — |
| Mar 2025 | Apartment | S$1,625,000 | 1,432 sqft | S$1,135 | 01-05 | — |
| Mar 2025 | Apartment | S$1,310,000 | 1,141 sqft | S$1,148 | 01-05 | — |
| Mar 2024 | Apartment | S$1,725,000 | 1,658 sqft | S$1,041 | 06-10 | — |
| May 2023 | Apartment | S$660,000 | 420 sqft | S$1,572 | 06-10 | — |
| Sep 2022 | Apartment | S$1,200,000 | 969 sqft | S$1,239 | 01-05 | — |
| Sep 2022 | Apartment | S$980,000 | 1,206 sqft | S$813 | 01-05 | — |
| Aug 2022 | Apartment | S$630,000 | 570 sqft | S$1,104 | 01-05 | — |
Alternatives
Comparable developments nearby
Within 1.5 km, same segment, with recorded activity in the last 12 months.
Soho @ Farrer
S$1,565
—1 sales4.4% yield
Ritz @ Farrer
S$1,350
—1 sales4.6% yield
Soho 188
S$1,704
-0.5%3 sales4.5% yield
Jui Residences
S$2,004
+1.7%6 sales3.4% yield
Residential Apartments
S$833
—1 sales
Regent Residences
S$1,687
+1.3%3 sales4.3% yield
1953
S$1,687
—1 sales4.1% yield
Sturdee Residences
S$2,197
+3.4%8 sales3.5% 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.