FreeholdRCRDistrict 15 (Geylang)

Carpmael Thirty-Eight

Reviewed by Nathan TangUpdated 10 August 2026Data through Dec 2025 (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 18 transactions on record, units have recently transacted around S$1.82M (S$1,646 psf, ~1,173 sqft).

1

What are the key facts about Carpmael Thirty-Eight?

Key Takeaway

Carpmael Thirty-Eight is a freehold apartment in District 15 (Geylang) that obtained TOP in 2020, with 16 units across 1 block.

Tenure
Freehold
TOP / Completion
2020
Developer
LWH CARPMAEL PTE LTD
Total units
16
Blocks
1
District / Area
District 15 (Geylang)
Market segment
RCR
Median PSF
S$1,646 psf
Last transacted
Dec 2025
Remaining lease
Freehold
2

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 · 18 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 Dec 2025.

3

What has recently sold at Carpmael Thirty-Eight?

Key Takeaway

Carpmael Thirty-Eight has 18 recorded sales; the most recent transacted at S$2,300,000 in Dec 2025 (URA caveat data).

DatePriceSize (sqft)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
Apr 2018S$1,828,9791,076S$1,699 psf

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

4

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.

5

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

Key Takeaway

9,526 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

9,526

District 15 · closed ≥1 deal

Deals on record

60,896

all-time · all property types

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

6

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.

7

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
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

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
10

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

Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →

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…
11

Frequently asked questions about Carpmael Thirty-Eight

How much does a unit at Carpmael Thirty-Eight cost?

Units at Carpmael Thirty-Eight have recently transacted around S$1.82M (S$1,646 psf), from 18 sales on record (URA caveats). The exact price depends on size, floor and facing.

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.

Is Carpmael Thirty-Eight a good investment?

Gross rental yield is about 3.2%; median PSF has fallen about 9% since 2018. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.

Are prices at Carpmael Thirty-Eight going up?

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

Is Carpmael Thirty-Eight freehold or leasehold?

Carpmael Thirty-Eight is freehold — ownership does not expire.

When was Carpmael Thirty-Eight built and who developed it?

Carpmael Thirty-Eight obtained TOP in 2020, developed by LWH CARPMAEL PTE LTD, with 16 units across 1 block.

What is the nearest MRT to Carpmael Thirty-Eight?

The nearest MRT/LRT station to Carpmael Thirty-Eight is Paya Lebar MRT, about 766 m away (~12 min walk).

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 qualify for Primary 1 (P1) registration priority.

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