FreeholdRCRDistrict 15 (Geylang)

Carpmael Thirty-Eight

Reviewed by Nathan TangUpdated 24 September 2026Data through Jul 2026 (URA)
Quick Summary

Carpmael Thirty-Eight is a freehold apartment in District 15 (Geylang) that obtained TOP in 2020, with 16 units across 1 block. Across 19 transactions on record, units have recently transacted around S$1.82M (S$1,646 psf, ~1,173 sqft). There are 5 units for sale from S$2.50M to S$2.50M.

Key facts about Carpmael Thirty-Eight
TenureFreehold
TOP year2020
DeveloperLWH CARPMAEL PTE LTD
Units16 in 1 block
District and areaDistrict 15 · Geylang · RCR
Nearest MRTPaya Lebar MRT, 766 m (~12 min walk)
Latest median psfS$1,646 psf, last 12 URA caveats to Jul 2026
1

What's for sale and for rent at Carpmael Thirty-Eight?

Key Takeaway

Carpmael Thirty-Eight has 5 units listed for sale, asking S$2.50M to S$2.50M, and 0 units for rent.

For sale

5 listings

S$2.50M – S$2.50M

For rent

0 listings

no asking rents

BedroomsFor saleAsking priceMedian PSF
3-bedroom3S$2.50M–S$2.50M
4-bedroom2S$2.50M–S$2.50M

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Carpmael Thirty-Eight?

Key Takeaway

Floor plans for Carpmael Thirty-Eight aren't in PropKaki's library yet. Across 19 URA caveats, units range from 721 sqft to 1,270 sqft, and the middle half are 1,076 sqft to 1,259 sqft.

Unit typeSizes listed for saleAsking from
3-bedroom1,173 sqftS$2.50M
4-bedroom1,259 sqftS$2.50M

Check the Floor Plan Finder for Carpmael Thirty-Eight →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at Carpmael Thirty-Eight?

Key Takeaway

Units have recently transacted around S$1.82M (S$1,646 psf), at a gross rental yield of about 3.2% (URA caveat data).

Recent median price

S$1.82M

recent · 19 sales on record

Median PSF

S$1,646 psf

recent transactions

Median rent (monthly)

S$4,831

16 rentals on record

Gross rental yield

3.2%

indicative, gross

Source: URA caveat data, through Jul 2026.

4

What has recently sold at Carpmael Thirty-Eight?

Key Takeaway

Carpmael Thirty-Eight has 19 recorded sales; the most recent transacted at S$2,070,000 in Jul 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Jul 2026S$2,070,0001,076S$1,923 psf
Dec 2025S$2,300,0001,270S$1,811 psf
Oct 2024S$2,180,0001,173S$1,858 psf
Apr 2022S$2,222,0001,259S$1,764 psf
Jan 2020S$1,771,7311,173S$1,510 psf
Jan 2020S$1,777,3551,173S$1,515 psf
Dec 2019S$1,782,0001,173S$1,519 psf
Oct 2019S$1,788,6051,173S$1,524 psf
Mar 2019S$2,023,6521,259S$1,607 psf
Jun 2018S$2,072,8241,259S$1,646 psf
Jun 2018S$1,792,2501,076S$1,665 psf
Jun 2018S$1,822,3471,098S$1,660 psf

19 sales and 16 rentals on record since Nov 2017. Source: URA.

5

Are prices at Carpmael Thirty-Eight rising?

Key Takeaway

The median transacted PSF at Carpmael Thirty-Eight has fallen 9% over the past 2 years (20182020), from S$1,660 psf to S$1,510 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2020S$1,510 psfS$1.77M2-0.9%
2019S$1,524 psfS$1.79M3-8.2%
2018S$1,660 psfS$1.82M9

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

6

Is Carpmael Thirty-Eight a good investment?

Key Takeaway

Carpmael Thirty-Eight has no resales on record yet, so it has no track record of its own. Across District 15, 87% of 26,248 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 28% over a median 6.0-year hold (URA caveats, before costs). Its gross rental yield is about 3.2%. Past resale results don't predict future returns, and this is not financial advice.

District 15 sold for more

87%

of 26,248 private resales

Median gain

28%

gross, before costs

Median hold

6.0 years

bought to resold

Carpmael Thirty-Eight has fewer than 10 matched resales, so the figures are for District 15 as a whole. Check the odds for your unit size and holding period →

7

Where is Carpmael Thirty-Eight and what's nearby?

Key Takeaway

Carpmael Thirty-Eight is located in Geylang, in the Central Region of Singapore.

Carpmael Thirty-Eight is a freehold apartment completed in 2020. It was developed by LWH CARPMAEL PTE LTD. The development has 16 residential units. It sits on a land area of 1,161 sqm and has a gross floor area of 1,625 sqm. The plot ratio is 1.4.

CARPMAEL THIRTY-EIGHT is located at 38 Carpmael Road, Singapore 429781. It is part of District 15, Katong / Joo Chiat / Amber Road, Geylang. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Paya Lebar MRT, approximately 766m away, around 12 minutes on foot. Nearby amenities include Kinex for shopping, NTUC Fairprice Co-operative Ltd for groceries, Blks 13/14 Haig Road for food options, and Carpmael Park for greenery and recreation. Facilities in the development include Barbeque Area, 24 hours security, Swimming pool, and Tennis courts.

8

How far is Carpmael Thirty-Eight from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Carpmael Thirty-Eight is Paya Lebar MRT, about 766 m away (~12 min walk). 4 schools are within 1 km, including 2 primary schools.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Tanjong Katong Secondary SchoolSecondary schoolwithin 1 km497 m
  • Haig Girls' SchoolPrimary schoolwithin 1 km · P1 priority582 m
  • Tanjong Katong Girls' SchoolSecondary schoolwithin 1 km594 m
  • Tanjong Katong Primary SchoolPrimary schoolwithin 1 km · P1 priority918 m
  • Kong Hwa SchoolPrimary school1.1 km
  • Chung Cheng High School (Main)Secondary school1.1 km
  • Broadrick Secondary SchoolSecondary school1.4 km
  • Geylang Methodist School (Primary)Primary school1.6 km

Shops, food & parks

Mall: Kinex · 378 mSupermarket: NTUC Fairprice Co-operative Ltd · 284 mHawker centre: Blks 13/14 Haig Road · 328 mPark: Carpmael Park · 224 m

Straight-line distances from the development. Source: PropKaki amenities data.

9

Who built Carpmael Thirty-Eight and how big is the development?

Key Takeaway

Carpmael Thirty-Eight was developed by LWH CARPMAEL PTE LTD, with 16 units over up to 5 storeys.

Developer
LWH CARPMAEL PTE LTD
Floors
5 storeys
Blocks
1
Land area
1,161 sqm (12,497 sqft)
Gross floor area
1,625 sqm (17,491 sqft)
Plot ratio
1.40
10

What facilities does Carpmael Thirty-Eight have?

Key Takeaway

Carpmael Thirty-Eight has 4 facilities, including Barbeque Area, 24 hours security, Swimming pool, Tennis courts.

Barbeque Area24 hours securitySwimming poolTennis courts
11

What does it cost to own a unit at Carpmael Thirty-Eight?

Key Takeaway

Buying a unit at Carpmael Thirty-Eight (~S$1.82M) needs about S$13,340/mo in income and S$6,137/mo in repayments, after S$60,717 stamp duty and a S$456k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.82M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$60,717

BSD, tiered

Downpayment (25%)

S$456k

cash + CPF

Monthly instalment

S$6,137/mo

30y @ 3.5%

Income required

S$13,340/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Carpmael Thirty-Eight?

Key Takeaway

9,527 CEA-registered agents closed at least one recorded deal in District 15 — where Carpmael Thirty-Eight sits — in the last 12 months, across all property types.

Active agents · 12mo

9,527

District 15 · closed ≥1 deal

Deals on record

60,936

all-time · all property types

Source: CEA public transaction records, attributed to District 15 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

Keep going in the PropKaki app

Thinking about Carpmael Thirty-Eight? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Carpmael Thirty-Eight's own transactions.

PropKaki
Is Carpmael Thirty-Eight a good buy, and what are units selling for?

Recent units at Carpmael Thirty-Eight sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
13

Frequently asked questions about Carpmael Thirty-Eight

Is Carpmael Thirty-Eight freehold?

Yes. Carpmael Thirty-Eight is freehold, so ownership does not run out.

How old is Carpmael Thirty-Eight?

Carpmael Thirty-Eight was completed (obtained TOP) in 2020, so it is about 6 years old.

Is Carpmael Thirty-Eight a good investment?

Carpmael Thirty-Eight has no resales on record yet, so it has no track record of its own. Across District 15, 87% of 26,248 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 28% over a median 6.0-year hold (URA caveats, before costs). Its gross rental yield is about 3.2%. Past resale results don't predict future returns, and this is not financial advice.

Is Carpmael Thirty-Eight an EC?

No. Carpmael Thirty-Eight is a private apartment development, not an executive condominium (EC).

Who is the developer of Carpmael Thirty-Eight?

Carpmael Thirty-Eight was developed by LWH CARPMAEL PTE LTD.

What is the price of a condo at Carpmael Thirty-Eight?

Units at Carpmael Thirty-Eight have recently sold for around S$1.82M (S$1,646 psf), the median of the last 12 URA caveats to Jul 2026. The price depends on size, floor and facing. 5 units are listed for sale from S$2.50M to S$2.50M.

Where is Carpmael Thirty-Eight located?

Carpmael Thirty-Eight is at 38 Carpmael Road, Singapore 429781, in Geylang (District 15). The nearest MRT station is Paya Lebar MRT, about 766 m away.

How many units are there in Carpmael Thirty-Eight?

Carpmael Thirty-Eight has 16 units in 1 block, up to 5 storeys high.

How much do I need to earn to buy at Carpmael Thirty-Eight?

For a unit around S$1.82M as a first home, you'd need roughly S$13,340/mo in income (assessed at the stress-test rate), with repayments near S$6,137/mo after a S$456k (25%) downpayment and S$60,717 Buyer's Stamp Duty.

Are prices at Carpmael Thirty-Eight going up?

The median price per square foot at Carpmael Thirty-Eight has fallen about 9% between 2018 and 2020, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of Carpmael Thirty-Eight?

Haig Girls' School, Tanjong Katong Primary School are within 1 km of Carpmael Thirty-Eight. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.