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 143 transactions on record, units have recently transacted around S$2.80M (S$2,534 psf, ~1,130 sqft). There are 17 units for sale from S$2.60M to S$3.25M.
What are the key facts about 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.
- Tenure
- Freehold
- TOP / Completion
- 2011
- Developer
- KIMMINGSTON PTE LTD
- Total units
- 88
- Blocks
- 1
- District / Area
- District 9 (River Valley)
- Market segment
- CCR
- Median PSF
- S$2,534 psf
- Last transacted
- Jul 2026
- Remaining lease
- Freehold
What is the price and PSF at Martin No 38?
Units have recently transacted around S$2.80M (S$2,534 psf), at a gross rental yield of about 3.1% (URA caveat data).
Recent median price
S$2.80M
recent · 143 sales on record
Median PSF
S$2,534 psf
recent transactions
Median rent (monthly)
S$7,277
424 rentals on record
Gross rental yield
3.1%
indicative, gross
Units currently for sale are asking a median of S$2,832 psf — about 12% 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 143 recorded sales; the most recent transacted at S$3,650,000 in Jul 2026 (URA caveat data).
| Date | Price | Size (sqft) | 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 |
| Jan 2025 | S$2,800,000 | 1,130 | S$2,477 psf |
143 sales and 424 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 | 5 | -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.
How many property agents are active around Martin No 38?
8,302 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
8,302
District 9 · closed ≥1 deal
Deals on record
67,330
all-time · all property types
Source: CEA public transaction records, attributed to District 9across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
What bedroom types are available at Martin No 38?
Martin No 38 has 17 units listed for sale, spanning 1–2-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 1-bedroom | 1 | S$2.78M–S$2.78M | — |
| 2-bedroom | 16 | S$2.60M–S$3.25M | S$2,832 psf |
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.
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
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.
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$2.80M) needs about S$20,497/mo in income and S$9,430/mo in repayments, after S$109,600 stamp duty and a S$700k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.80M) 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$109,600
BSD, tiered
Downpayment (25%)
S$700k
cash + CPF
Monthly instalment
S$9,430/mo
30y @ 3.5%
Income required
S$20,497/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 →
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
How much does a unit at Martin No 38 cost?⌄
Units at Martin No 38 have recently transacted around S$2.80M (S$2,534 psf), from 143 sales on record (URA caveats). The exact price depends on size, floor and facing.
How much do I need to earn to buy at Martin No 38?⌄
For a unit around S$2.80M as a first home, you'd need roughly S$20,497/mo in income (assessed at the stress-test rate), with repayments near S$9,430/mo after a S$700k (25%) downpayment and S$109,600 Buyer's Stamp Duty.
Is Martin No 38 a good investment?⌄
Gross rental yield is about 3.1%, and current asking prices sit about 12% above the most recent transacted PSF; median PSF has risen about 10% since 2017. 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 Martin No 38 going up?⌄
The median transacted PSF at Martin No 38 has risen about 10% between 2017 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Martin No 38 freehold or leasehold?⌄
Martin No 38 is freehold — ownership does not expire.
When was Martin No 38 built and who developed it?⌄
Martin No 38 obtained TOP in 2011, developed by KIMMINGSTON PTE LTD, with 88 units across 1 block.
How many units are for sale at Martin No 38?⌄
There are 17 units for sale at Martin No 38, from S$2.60M to S$3.25M.
What is the nearest MRT to Martin No 38?⌄
The nearest MRT/LRT station to Martin No 38 is Great World MRT, about 528 m away (~8 min walk).
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 qualify for Primary 1 (P1) registration priority.