Name: MARTIN NO 38
Brand: MARTIN NO 38
SKU: MARTIN NO 38
Price: 2028-09-15 SGD
Availability: InStock
Rating: 5 (5 reviews)

Home

Singapore Condo & Apartment Directory

Martin No 38

Sale Price

Average

S$ 2,430 psf

Range

S$ 2,266 - 2,558 psf

Rental Price

Average

S$ 5.9 psf pm

Range

S$ 5.2 - 7.0 psf pm

Rental Yield

2.9%

Rental income expressed as a percentage of the property's value.

Amenities

3.5

Convenience

3.7

Connectivity

Details

No Data

Note: *Based on transactions in the last 12 months. #Based on the street rental data in the last 12 months, may not be representative.

Amenities

4 Amenities Available

Covered car park

Gymnasium room

Lap pool

24 hours security

Description

Martin No 38 is developed by KIMMINGSTON PTE LTD and designed by KERRY HILL ARCHITECTS PTE LTD. Occupying a land size of 3,807 sqm and a gross floor area of 10,659 sqm, it is a freehold apartment property located at D9 / River Valley.

This development is built in 2011and has 88 units.

Based on past property transactions, it is currently sold at a price range of S$ 2,266 - S$ 2,558 for an average of S$ 2,430 psf. Its highest recorded transaction was S$ 2,962 psf in May 2011 for a 1,485-sqft unit and its lowest recorded transaction was S$ 1,858 psf in Sep 2009 for a 1,130-sqft unit. Based on records, buyers of this development are Singaporean 56.9%, PR 19.0%, Foreigner 19.0%, Company 5.2%. Its current rental yield is at 2.9%.

The following are amenities within 500m of Martin No 38: 2 Shopping Mall(s), ROBERTSON WALK, WATERFRONT PLAZA. 1 Childcare Centre, CAMBRIDGE CDC @ TANGLIN PTE. LTD.. 1 School, RIVER VALLEY PRIMARY SCHOOL.

What they say

Live Here? Tell us more

Write a review

There’s no review yet

Live Here? Tell us more

Write a review

Sales Transaction of MARTIN NO 38 (Limited to 10)

Source: URA, https://www.edgeprop.sg

Unit Search

ALL SALES TRANSACTION (113)

PROFITABLE SALES (26)

UNPROFITABLE SALES (7)

ALL ABORTED TRANSACTION (2)

There are 103 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Date	Area(sqft)	Price(S$ psf)	Price (S$)	Type of Sale	Address	Type of Area	Purchaser Address	Source

No Data

1
2
3
•••
12
10 / page

Rental Trends

Source: URA, https://www.edgeprop.sg

Rental Transactions of MARTIN NO 38

Source: URA, https://www.edgeprop.sg

Lease Start	Unit Size (Sqft)	Monthly Rent (S$)	Bedrooms	Monthly Rent (Est. S$ psf)	Street	Type	Source

No Data

Average Rental Yield Analysis

Source: URA, https://www.edgeprop.sg

*Based on transactions and rents in the past 6 months.

Unit Size (sqft)	Average Monthly Rent (S$)	Rental Contracts	Average Price (S$)	Transactions	Rental Yield (%)

900 to 1000	0	4	0	2	X.X
1400 to 1500	0	1	-	-	X.X
1300 to 1400	0	2	-	-	X.X
1100 to 1200	0	7	0	2	X.X

Historical Rental Along MARTIN ROAD

Source: URA, https://www.edgeprop.sg

Month	Street	Type	Lowest Rental (S$ PSF PM)	Rental 25th (S$ PSF PM)	Median Rental (S$ PSF PM)	Rental 75th (S$ PSF PM)	Highest Rental (S$ PSF PM)	Contracts

No Data

Historical Quarterly Rental

Source: URA, https://www.edgeprop.sg

Note: 25% of the tenant population paid below Rental 25th, 50% paid below the Median Rental and 75% paid below Rental 75th. Data are only available if there are more than 10 contracts signed in any quarter.

Source: URA, https://www.edgeprop.sg

Graph Data

Table Data

Period	Rental 25th (S$ psf pm)	Median Rental (S$ psf pm)	Rental 75th (S$ psf pm)	Contacts Signed

No Data

Estimated Unit Size Distribution

Source: URA, https://www.edgeprop.sg

Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.

Source: URA, https://www.edgeprop.sg

Graph Data

Table Data

Unit Size (sqft)	Estimated Units	Percentage of Total

No Data

Unit Mix

Bedroom Type

1BR

Area

1076 - 1076 sqft

No. of Units

Bedroom Type

2BR

Area

969 - 1335 sqft

No. of Units

101

Bedroom Type

3BR

Area

1485 - 4392 sqft

No. of Units

Nearby Land Sales

Status	Street Name	Land Attributes	Estimated Breakeven
Sold On JAN 2020	Irwell Bank Road	Site Use Residential Tenure 99 Site Area (sqm) 12,787 Site GFA (sqm) 35,803 Highest Bid ($M) 583888000 Highest Bid ($PSF) 1514.6 Number of BIDS 7	Land ($M) 583.9 Construction ($M) 127.2 Land Financing ($M) 51.1 Profesional / Legal / Taxes ($M) 85.3 Marketing / Others ($M) 50.8 Estimated Total Cost ($M) 898.33 Estimated Breakeven ($psf ppr) 2,331.01
Sold On MAY 2018	Landmark Tower (En Bloc)	Site Use Residential Tenure 99 Site Area (sqm) 5,651 Site GFA (sqm) 22,681 Highest Bid ($M) 343000000 Highest Bid ($PSF) 1406 Number of BIDS -	Land ($M) 343 Construction ($M) 73.2 Land Financing ($M) 24 Profesional / Legal / Taxes ($M) 29.4 Marketing / Others ($M) 28.2 Estimated Total Cost ($M) 497.80 Estimated Breakeven ($psf ppr) 2,039.01
Sold On FEB 2018	Riveria Point, 2 Kim Yam Road (en bloc)	Site Use Residential Tenure fh Site Area (sqm) 1,354 Site GFA (sqm) 4,577 Highest Bid ($M) 72000000 Highest Bid ($PSF) 1461 Number of BIDS -	Land ($M) 72 Construction ($M) 14.8 Land Financing ($M) 5 Profesional / Legal / Taxes ($M) 6.1 Marketing / Others ($M) 5.9 Estimated Total Cost ($M) 103.79 Estimated Breakeven ($psf ppr) 2,106.71
Sold On MAR 2018	Pacific Mansion, River Valley Close (En bloc)	Site Use Residential Tenure fh Site Area (sqm) 11,924 Site GFA (sqm) 50,404 Highest Bid ($M) 980000000 Highest Bid ($PSF) 1806 Number of BIDS -	Land ($M) 980 Construction ($M) 162.8 Land Financing ($M) 68.6 Profesional / Legal / Taxes ($M) 78.3 Marketing / Others ($M) 77.4 Estimated Total Cost ($M) 1,367.08 Estimated Breakeven ($psf ppr) 2,519.73
Sold On FEB 2021	10A/B & 11 Institution Hills	Site Use Residential Tenure 999 Site Area (sqm) 1,329 Site GFA (sqm) 3,720 Highest Bid ($M) 56600000 Highest Bid ($PSF) - Number of BIDS -	Land ($M) 56.6 Construction ($M) 13.2 Land Financing ($M) 5 Profesional / Legal / Taxes ($M) 8.4 Marketing / Others ($M) 5 Estimated Total Cost ($M) 88.13 Estimated Breakeven ($psf ppr) 2,201.08