Martin No 38
Martin No 38 is a freehold apartment in District 9 (River Valley) that obtained TOP in 2011, with 88 units across 1 block. Across 144 transactions on record, units have recently transacted around S$3.00M (S$2,654 psf, ~1,130 sqft). There are 23 units for sale from S$2.60M to S$4.39M.
| Tenure | Freehold |
|---|---|
| TOP year | 2011 |
| Developer | KIMMINGSTON PTE LTD |
| Units | 88 in 1 block |
| District and area | District 9 · River Valley · CCR |
| Nearest MRT | Great World MRT, 528 m (~8 min walk) |
| Latest median psf | S$2,654 psf, last 12 URA caveats to Jul 2026 |
What's for sale and for rent at Martin No 38?
Martin No 38 has 23 units listed for sale, asking S$2.60M to S$4.39M (median S$2,832 psf), and 13 units for rent at a median of S$8,500 a month.
For sale
23 listings
S$2.60M – S$4.39M
For rent
13 listings
S$8,200 – S$9,000 a month
| Bedrooms | For sale | Asking price | Median PSF |
|---|---|---|---|
| 2-bedroom | 22 | S$2.60M–S$3.25M | S$2,832 psf |
| 3-bedroom | 1 | S$4.39M–S$4.39M | — |
Asking prices of units currently listed on property portals, not transacted prices.
What are the floor plans and unit sizes at Martin No 38?
Floor plans for Martin No 38 aren't in PropKaki's library yet. Across 144 URA caveats, units range from 969 sqft to 4,392 sqft, and the middle half are 969 sqft to 1,335 sqft.
| Unit type | Sizes listed for sale | Asking from |
|---|---|---|
| 2-bedroom | 969 sqft to 1,130 sqft | S$2.60M · S$2,832 psf |
| 3-bedroom | 1,485 sqft | S$4.39M |
Check the Floor Plan Finder for Martin No 38 →
Unit sizes from URA caveats. Listed sizes from current property listings.
What is the price and PSF at Martin No 38?
Units have recently transacted around S$3.00M (S$2,654 psf), at a gross rental yield of about 2.9% (URA caveat data).
Recent median price
S$3.00M
recent · 144 sales on record
Median PSF
S$2,654 psf
recent transactions
Median rent (monthly)
S$7,286
429 rentals on record
Gross rental yield
2.9%
indicative, gross
Units currently for sale are asking a median of S$2,832 psf — about 7% above the most recent transacted PSF.
Source: URA caveat data, through Jul 2026.
What has recently sold at Martin No 38?
Martin No 38 has 144 recorded sales; the most recent transacted at S$3,000,000 in Jul 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Jul 2026 | S$3,000,000 | 1,130 | S$2,654 psf |
| Jul 2026 | S$3,650,000 | 1,335 | S$2,735 psf |
| Jun 2026 | S$2,418,000 | 969 | S$2,496 psf |
| May 2026 | S$2,438,000 | 969 | S$2,517 psf |
| Feb 2026 | S$3,120,000 | 1,130 | S$2,761 psf |
| Jan 2026 | S$2,410,000 | 969 | S$2,488 psf |
| Jun 2025 | S$3,550,000 | 1,335 | S$2,660 psf |
| Jun 2025 | S$3,575,000 | 1,335 | S$2,678 psf |
| May 2025 | S$2,455,000 | 969 | S$2,534 psf |
| Apr 2025 | S$2,430,000 | 969 | S$2,508 psf |
| Apr 2025 | S$3,580,000 | 1,335 | S$2,682 psf |
| Mar 2025 | S$3,110,000 | 1,130 | S$2,752 psf |
144 sales and 429 rentals on record since Jul 2008. Source: URA.
Are prices at Martin No 38 rising?
The median transacted PSF at Martin No 38 has risen 10% over the past 9 years (2017–2026), from S$2,297 psf to S$2,517 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2026 | S$2,517 psf | S$2.44M | 6 | -5.4% |
| 2025 | S$2,660 psf | S$3.11M | 7 | +3.1% |
| 2024 | S$2,581 psf | S$2.50M | 4 | +1.7% |
| 2023 | S$2,539 psf | S$4.10M | 5 | +0.7% |
| 2022 | S$2,522 psf | S$2.85M | 5 | +3.3% |
| 2021 | S$2,442 psf | S$2.69M | 10 | +16.6% |
| 2020 | S$2,095 psf | S$3.48M | 2 | -18.3% |
| 2019 | S$2,564 psf | S$2.90M | 4 | +1.7% |
| 2018 | S$2,522 psf | S$2.85M | 15 | +9.8% |
| 2017 | S$2,297 psf | S$2.45M | 6 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
Is Martin No 38 a good investment?
Of 56 units at Martin No 38 that were bought and later resold (bought from 2008, resold up to 2026), 82% sold for more than they were bought for, with a median gain of 10% over a median 7.6-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.9%. Units listed now ask about 7% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
Sold for more than bought
82%
of 56 resales here
Median gain
10%
gross, before costs
Median hold
7.6 years
bought to resold
Every unit at Martin No 38 with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →
Where is Martin No 38 and what's nearby?
Martin No 38 is located in River Valley, in the Central Region of Singapore.
Martin No 38 is a freehold apartment completed in 2011. It was developed by KIMMINGSTON PTE LTD. The development has 88 residential units. It sits on a land area of 3,807 sqm and has a gross floor area of 10,659 sqm. The plot ratio is 2.8.
MARTIN NO 38 is located at 38 Martin Road, Singapore 239059. It is part of District 09, Orchard / Cairnhill / River Valley, River Valley. The project falls within the Central Region and the CCR market segment.
The nearest rail connection is Great World MRT, approximately 528m away, around 8 minutes on foot. Nearby amenities include Robertson Walk for shopping, THE BUTCHER (SINGAPORE) PTE. LTD. for groceries, Blk 1 Jalan Kukoh for food options, and Kim Seng Pk for greenery and recreation. Facilities in the development include Covered car park, Gymnasium room, Lap pool, and 24 hours security.
How far is Martin No 38 from MRT and schools?
The nearest MRT/LRT to Martin No 38 is Great World MRT, about 528 m away (~8 min walk). 1 school is within 1 km, including 1 primary school.
Getting around
- Great World MRT528 m · ~8 min
- Havelock MRT642 m · ~10 min
- Fort Canning MRT694 m · ~11 min
Schools nearby
Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- River Valley Primary SchoolPrimary schoolwithin 1 km · P1 priority346 m
- School Of The Arts, SingaporeMixed-level school1.4 km
- Alexandra Primary SchoolPrimary school1.5 km
- St. Margaret's School (Primary)Primary school1.6 km
- Zhangde Primary SchoolPrimary school1.6 km
- Gan Eng Seng SchoolSecondary school1.6 km
- Cantonment Primary SchoolPrimary school1.9 km
- Anglo-Chinese School (Junior)Primary school1.9 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
Who built Martin No 38 and how big is the development?
Martin No 38 was developed by KIMMINGSTON PTE LTD, designed by KERRY HILL ARCHITECTS PTE LTD, with 88 units.
- Developer
- KIMMINGSTON PTE LTD
- Architect
- KERRY HILL ARCHITECTS PTE LTD
- Main contractor
- DAIYA ENGINEERING & CONSTRUCTION PTE LTD
- Blocks
- 1
- Land area
- 3,807 sqm (40,978 sqft)
- Gross floor area
- 10,659 sqm (114,732 sqft)
- Plot ratio
- 2.80
What facilities does Martin No 38 have?
Martin No 38 has 4 facilities, including Covered car park, Gymnasium room, Lap pool, 24 hours security.
What does it cost to own a unit at Martin No 38?
Buying a unit at Martin No 38 (~S$3.00M) needs about S$21,961/mo in income and S$10,104/mo in repayments, after S$119,600 stamp duty and a S$750k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$3.00M) 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$119,600
BSD, tiered
Downpayment (25%)
S$750k
cash + CPF
Monthly instalment
S$10,104/mo
30y @ 3.5%
Income required
S$21,961/mo
TDSR @ stress rate
How many property agents are active around Martin No 38?
8,303 CEA-registered agents closed at least one recorded deal in District 9 — where Martin No 38 sits — in the last 12 months, across all property types.
Active agents · 12mo
8,303
District 9 · closed ≥1 deal
Deals on record
67,358
all-time · all property types
Source: CEA public transaction records, attributed to District 9 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
Thinking about Martin No 38? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Martin No 38's own transactions.
PropKakiRecent units at Martin No 38 sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Martin No 38
Is Martin No 38 freehold?⌄
Yes. Martin No 38 is freehold, so ownership does not run out.
How old is Martin No 38?⌄
Martin No 38 was completed (obtained TOP) in 2011, so it is about 15 years old.
Is Martin No 38 a good investment?⌄
Of 56 units at Martin No 38 that were bought and later resold (bought from 2008, resold up to 2026), 82% sold for more than they were bought for, with a median gain of 10% over a median 7.6-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.9%. Units listed now ask about 7% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
Is Martin No 38 an EC?⌄
No. Martin No 38 is a private apartment development, not an executive condominium (EC).
Who is the developer of Martin No 38?⌄
Martin No 38 was developed by KIMMINGSTON PTE LTD.
What is the price of a condo at Martin No 38?⌄
Units at Martin No 38 have recently sold for around S$3.00M (S$2,654 psf), the median of the last 12 URA caveats to Jul 2026. The price depends on size, floor and facing. 23 units are listed for sale from S$2.60M to S$4.39M.
Where is Martin No 38 located?⌄
Martin No 38 is at 38 Martin Road, Singapore 239059, in River Valley (District 9). The nearest MRT station is Great World MRT, about 528 m away.
How many units are there in Martin No 38?⌄
Martin No 38 has 88 units in 1 block.
How much do I need to earn to buy at Martin No 38?⌄
For a unit around S$3.00M as a first home, you'd need roughly S$21,961/mo in income (assessed at the stress-test rate), with repayments near S$10,104/mo after a S$750k (25%) downpayment and S$119,600 Buyer's Stamp Duty.
Are prices at Martin No 38 going up?⌄
The median price per square foot at Martin No 38 has risen about 10% between 2017 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.
Which primary schools are within 1 km of Martin No 38?⌄
River Valley Primary School is within 1 km of Martin No 38. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.