FreeholdRCRDistrict 8 (Rochor)

Race Course 138

Reviewed by Nathan TangUpdated 10 August 2026Data through Mar 2026 (URA)
Quick Summary

Race Course 138 is a freehold apartment in District 8 (Rochor) that obtained TOP in 2002, with 24 units across 1 block. Across 45 transactions on record, units have recently transacted around S$1.30M (S$1,052 psf, ~1,184 sqft). There are 8 units for sale from S$750k to S$1.80M.

1

What are the key facts about Race Course 138?

Key Takeaway

Race Course 138 is a freehold apartment in District 8 (Rochor) that obtained TOP in 2002, with 24 units across 1 block.

Tenure
Freehold
TOP / Completion
2002
Developer
CHIU TENG REALTY PTE LTD
Total units
24
Blocks
1
District / Area
District 8 (Rochor)
Market segment
RCR
Median PSF
S$1,052 psf
Last transacted
Mar 2026
Remaining lease
Freehold
2

What is the price and PSF at Race Course 138?

Key Takeaway

Units have recently transacted around S$1.30M (S$1,052 psf), at a gross rental yield of about 2.3% (URA caveat data).

Recent median price

S$1.30M

recent · 45 sales on record

Median PSF

S$1,052 psf

recent transactions

Median rent (monthly)

S$2,529

213 rentals on record

Gross rental yield

2.3%

indicative, gross

Source: URA caveat data, through Mar 2026.

3

What has recently sold at Race Course 138?

Key Takeaway

Race Course 138 has 45 recorded sales; the most recent transacted at S$1,200,000 in Mar 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Mar 2026S$1,200,0001,141S$1,052 psf
Dec 2025S$1,300,0001,184S$1,098 psf
May 2025S$1,500,0081,442S$1,040 psf
Mar 2025S$1,625,0001,432S$1,135 psf
Mar 2025S$1,310,0001,141S$1,148 psf
Mar 2024S$1,725,0001,658S$1,041 psf
May 2023S$660,000420S$1,572 psf
Sept 2022S$1,200,000969S$1,239 psf
Sept 2022S$980,0001,206S$813 psf
Aug 2022S$630,000570S$1,104 psf
Mar 2021S$1,398,8881,615S$866 psf
Nov 2020S$1,550,0001,658S$935 psf

45 sales and 213 rentals on record since Jul 2002. Source: URA.

4

Are prices at Race Course 138 rising?

Key Takeaway

The median transacted PSF at Race Course 138 has risen 120% over the past 23 years (20022025), from S$498 psf to S$1,098 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2025S$1,098 psfS$1.31M4-0.5%
2022S$1,104 psfS$980k3+12.8%
2012S$979 psfS$1.12M2+17.5%
2010S$833 psfS$427k3+34.4%
2008S$620 psfS$655k3+25.3%
2007S$495 psfS$330k4-13.0%
2006S$569 psfS$1.87M3+2.2%
2005S$557 psfS$640k3+11.8%
2002S$498 psfS$306k7

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 Race Course 138?

Key Takeaway

3,676 CEA-registered agents closed at least one recorded deal in District 8 — where Race Course 138 sits — in the last 12 months, across all property types.

Active agents · 12mo

3,676

District 8 · closed ≥1 deal

Deals on record

13,173

all-time · all property types

Source: CEA public transaction records, attributed to District 8across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

6

What bedroom types are available at Race Course 138?

Key Takeaway

Race Course 138 has 8 units listed for sale, spanning 1–4-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
1-bedroom6S$750k–S$845k
4-bedroom2S$1.80M–S$1.80M
7

Where is Race Course 138 and what's nearby?

Key Takeaway

Race Course 138 is located in Rochor, in the Central Region of Singapore.

Race Course 138 is a freehold apartment completed in 2002. It was developed by CHIU TENG REALTY PTE LTD. The development has 24 residential units. It sits on a land area of 873 sqm and has a gross floor area of 3,056 sqm. The plot ratio is 3.5.

RACE COURSE 138 is located at 138 Race Course Road, Singapore 218591. It is part of District 08, Little India, Rochor. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Farrer Park MRT, approximately 266m away, around 4 minutes on foot. Nearby amenities include City Square Mall for shopping, NTUC Fairprice Co-operative Ltd for groceries, Tekka Market for food options, and Rowell Rd Os for greenery and recreation.

8

Who built Race Course 138 and how big is the development?

Key Takeaway

Race Course 138 was developed by CHIU TENG REALTY PTE LTD, with 24 units over up to 6 storeys.

Developer
CHIU TENG REALTY PTE LTD
Floors
6 storeys
Blocks
1
Land area
873 sqm (9,397 sqft)
Gross floor area
3,056 sqm (32,894 sqft)
Plot ratio
3.50
9

How far is Race Course 138 from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Race Course 138 is Farrer Park MRT, about 266 m away (~4 min walk). 2 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.

  • Farrer Park Primary SchoolPrimary schoolwithin 1 km · P1 priority330 m
  • St. Margaret's School (Primary)Primary schoolwithin 1 km · P1 priority965 m
  • Northlight SchoolSecondary school1.1 km
  • St. Joseph's Institution JuniorPrimary school1.2 km
  • School Of The Arts, SingaporeMixed-level school1.2 km
  • Anglo-Chinese School (Junior)Primary school1.3 km
  • Hong Wen SchoolPrimary school1.5 km
  • Bendemeer Secondary SchoolSecondary school1.9 km

Shops, food & parks

Mall: City Square Mall · 513 mSupermarket: NTUC Fairprice Co-operative Ltd · 326 mHawker centre: Tekka Market · 447 mPark: Rowell Rd Os · 323 m

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

10

What does it cost to own a unit at Race Course 138?

Key Takeaway

Buying a unit at Race Course 138 (~S$1.30M) needs about S$9,516/mo in income and S$4,378/mo in repayments, after S$36,600 stamp duty and a S$325k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.30M) 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$36,600

BSD, tiered

Downpayment (25%)

S$325k

cash + CPF

Monthly instalment

S$4,378/mo

30y @ 3.5%

Income required

S$9,516/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 Race Course 138? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Race Course 138's own transactions.

PropKaki
Is Race Course 138 a good buy, and what are units selling for?

Recent units at Race Course 138 sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
11

Frequently asked questions about Race Course 138

How much does a unit at Race Course 138 cost?

Units at Race Course 138 have recently transacted around S$1.30M (S$1,052 psf), from 45 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Race Course 138?

For a unit around S$1.30M as a first home, you'd need roughly S$9,516/mo in income (assessed at the stress-test rate), with repayments near S$4,378/mo after a S$325k (25%) downpayment and S$36,600 Buyer's Stamp Duty.

Is Race Course 138 a good investment?

Gross rental yield is about 2.3%; median PSF has risen about 120% since 2002. 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 Race Course 138 going up?

The median transacted PSF at Race Course 138 has risen about 120% between 2002 and 2025, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Race Course 138 freehold or leasehold?

Race Course 138 is freehold — ownership does not expire.

When was Race Course 138 built and who developed it?

Race Course 138 obtained TOP in 2002, developed by CHIU TENG REALTY PTE LTD, with 24 units across 1 block.

How many units are for sale at Race Course 138?

There are 8 units for sale at Race Course 138, from S$750k to S$1.80M.

What is the nearest MRT to Race Course 138?

The nearest MRT/LRT station to Race Course 138 is Farrer Park MRT, about 266 m away (~4 min walk).

Which primary schools are within 1 km of Race Course 138?

Farrer Park Primary School, St. Margaret's School (Primary) are within 1 km of Race Course 138 — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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