MARTIN NO 38: River Valley Apartment | Details & Reviews

Name: MARTIN NO 38
Brand: MARTIN NO 38
SKU: MARTIN NO 38
Rating: 4.8 (6 reviews)

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Martin No 38

Sale Price *

Average

S$ 2,562 psf

Range

S$ 2,539 - 2,585 psf

Rental Price **

Average

S$ 7.1 psf pm

Range

S$ 3.8 - 8.3 psf pm

Rental Yield **

3.3%

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

Amenities

3.4

Convenience

3.7

Connectivity

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities

0 Facilities Available

Description

Martin No 38 is a freehold apartment completed in 2011. It is developed by KIMMINGSTON PTE LTD and designed by KERRY HILL ARCHITECTS PTE LTD. The development occupies a land area of 3,807 sqm and a Gross Floor Area of 10,659 sqm. It consists of 88 units. According to records, buyers of this development are Singaporean 57.5%, PR 18.9%, Foreigner 18.9%, Company 4.7%.

MARTIN NO 38 is located along MARTIN ROAD in River Valley, in District 9. It is accessible through the nearest MRTs including Great World TE15 and Fort Canning DT20.

Based on transaction data in the last 12 months, sale prices range from S$ 2,539 psf to S$ 2,585 psf at an average of S$ 2,562 psf. Its highest recorded transaction was S$ 2,962 psf in May 2011 for a 1,485-sqft unit. Its lowest recorded transaction was S$ 1,858 psf in Sep 2009 for a 1,130-sqft unit. Its current rental yield is at 3.3%. Other nearby amenities include: 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, SHENG SIONG SUPERMARKET PTE LTD, and 3 Shopping Mall(s): ROBERTSON WALK, WATERFRONT PLAZA, UE SHOPPING MALL.

Buyers and tenants are attracted to District 9, which includes Orchard Road, River Valley and Cairnhill. This district is part of Singapore’s Central Business District and has become a must-visit spot for Singapore tourists. Spanning almost 2.2km, Orchard Road represents one of Singapore’s best retail, dining and entertainment boulevards, catering to any taste or budget and ranging from luxury brands to high street fashion. District 9 has a huge selection of exclusive cosmopolitan bistros and on the other end of the scale, a number of popular international fast food restaurants. Fronting Orchard Road, ION Orchard Mall is home to designer brands, as well as Sephora’s largest store in the area. Another major shopping mall in this district is Great World, which caters to locals, with a Cold Storage supermarket, Best Denki electrical store, and Golden Village Cinema. Cairnhill is home to the first freehold Ritz-Carlton property in Asia - the Ritz-Carlton Residence. This property sets a new standard of luxury living in Singapore as these homes feature magnificent finishings, excellent facilities and exemplary services from the legendary The Ritz-Carlton.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.

What they say

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4.6

"Can be a bit loud at times during the construction of Martin Modern Next Door, but this feels like a more exclusive condo. I enjoy the industrial design and excellent airflow in my unit"

t***********e@gmail.com

Viewer | 06 Jan 2022

"Bright and one of the most happening places of Singapore blessed by Western expats.. Great coffee and food places with nice ambience and People around you"

S********* V********

Google Review | 02 Jul 2022

"Probably the best apartment building in the Robertson Quay area...have lived in Robertson Quay for over 15 years, of which about half has been in Martin 38. Rental is a little higher than most of the others, but you get a superior product and service offering. Unlike many other condos which hand over the management to 3rd parties soon after completion, this one is still managed by SC Global after 11 years. It shows up in the little things - the management team, concierge, security guards and cleaners have been the same for years, so they are very familiar with the building and the residents. You get a proper concierge service that does lots of stuff for you (including replacing light bulbs, doing minor things when you are overseas, etc.) - I've stayed in other condos which profess to have condo service, but all you get is someone who will accept deliveries for you. On top of that the architectural design is awesome, plus a great pool. The only drawback is the lack of a gym which is a legacy issue from when they first opened and partnered with the original commercial gym tenant who has since shut down. There's a gym in the building, but it's a commercial gym open to the public and residents have to pay to join like everyone else."

D**

Google Review | 12 Jun 2022