Martin No 38

2012
Cover

About Martin No 38

Martin No 38 is a freehold Condo Apartment located in River Valley, District 9. Completed in 2012, it has a total of 1 blocks within the development and comprises a total of 91 units. It is within walking distance to MRT stations such as Great World MRT and Great World MRT, which provide residents easy access to other areas of Singapore. For young couples or families with children, Martin No 38 is also close to schools like River Valley Primary School, River Valley Primary School and River Valley Primary School. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like Cold Storage - UE Square and Cold Storage - UE Square for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as Dental Clinic. Post box is the nearest post office where you can get your postal services done. For your leisure and entertainment, head down to the local park - park, to enjoy some fresh air.

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Key Property Details

Project Name

Martin No 38

Address

38 Martin Road, Singapore 239059
Go to location widgetView on map

Nearest MRT

Great World MRT · 7 min walk

TOP date

1 Jan 2012

Tenure

Freehold

Project Size

Small (91 units)

Number of Units

91

District

D09

Neighbourhood

River Valley

Blocks

1

Property type

Condo Apartment

Developer

Sc Global Developments Ltd

Buildings in Martin No 38

  • 38 Martin Road239059

Facilities for Martin No 38

  • Gym

    Gym

  • Lap Pool

    Lap Pool

  • Parking

    Parking

  • Security

    Security

Site Plans

Site plans and elevation charts for Martin No 38

empty state siteplan

Pricing & Transaction History

Sale transaction history for Martin No 38

140 sale transactions

All

Studio

1 BR

2 BR

3 BR

4 BR

5+ BR

Date sold
Block
Unit
Beds
PSF
Area (sqft)
Price sold
05/2026
38
#02-xx
-
S$ 2,516
969
S$ 2.438M
02/2026
38
#07-xx
-
S$ 2,761
1,130
S$ 3.120M
01/2026
38
#02-xx
-
S$ 2,487
969
S$ 2.410M
06/2025
38
#06-xx
-
S$ 2,659
1,335
S$ 3.550M
06/2025
38
#07-xx
-
S$ 2,678
1,335
S$ 3.575M
05/2025
38
#0x-xx
-
S$ 2,534
969
S$ 2.455M
04/2025
38
#0x-xx
-
S$ 2,508
969
S$ 2.430M
04/2025
38
#0x-xx
-
S$ 2,682
1,335
S$ 3.580M
03/2025
38
#1x-xx
-
S$ 2,752
1,130
S$ 3.110M
01/2025
38
#0x-xx
-
S$ 2,478
1,130
S$ 2.800M
11/2024
38
#0x-xx
-
S$ 2,777
1,130
S$ 3.138M
10/2024
38
#1x-xx
-
S$ 2,826
1,486
S$ 4.200M
08/2024
38
#0x-xx
-
S$ 2,580
969
S$ 2.500M
04/2024
38
#0x-xx
-
S$ 2,250
969
S$ 2.180M
12/2023
38
#0x-xx
-
S$ 2,584
1,335
S$ 3.450M
12/2023
38
#0x-xx
-
S$ 2,539
969
S$ 2.460M
03/2023
38
#1x-xx
-
S$ 2,759
1,486
S$ 4.100M
02/2023
38
#1x-xx
-
S$ 2,099
4,392
S$ 9.219M
01/2023
38
#1x-xx
-
S$ 2,049
3,660
S$ 7.500M
10/2022
38
#1x-xx
-
S$ 2,566
1,130
S$ 2.900M

Source: URA, Realis and 99.co

Rent transaction history for Martin No 38

395 rent transactions

All

Studio

1 BR

2 BR

3 BR

4 BR

5+ BR

Date
Beds
PSF
Area (sqft)
Price
05/2026
1 BR
S$ 7.22
900-1,000
S$ 7,000
05/2026
1 BR
S$ 7.12
900-1,000
S$ 6,900
05/2026
2 BR
S$ 7.52
1,100-1,200
S$ 8,500
05/2026
2 BR
S$ 7.43
1,100-1,200
S$ 8,400
05/2026
2 BR
S$ 7.43
1,100-1,200
S$ 8,400
05/2026
2 BR
S$ 7.52
1,100-1,200
S$ 8,500
05/2026
2 BR
S$ 7.08
1,100-1,200
S$ 8,000
05/2026
2 BR
S$ 6.74
1,300-1,400
S$ 9,000
04/2026
1 BR
S$ 7.22
900-1,000
S$ 7,000
03/2026
1 BR
S$ 7.02
900-1,000
S$ 6,800
03/2026
2 BR
S$ 7.52
1,100-1,200
S$ 8,500
03/2026
2 BR
S$ 7.26
1,100-1,200
S$ 8,200
02/2026
2 BR
S$ 7.49
1,300-1,400
S$ 10,000
02/2026
2 BR
S$ 7.61
1,100-1,200
S$ 8,600
01/2026
1 BR
S$ 6.60
900-1,000
S$ 6,400
01/2026
2 BR
S$ 7.17
1,100-1,200
S$ 8,100
12/2025
1 BR
S$ 6.76
900-1,000
S$ 6,550
11/2025
1 BR
S$ 7.22
900-1,000
S$ 7,000
11/2025
2 BR
S$ 7.17
1,100-1,200
S$ 8,100
11/2025
2 BR
S$ 6.90
1,100-1,200
S$ 7,800

Source: URA, Realis and 99.co

Payment structure & financing options

Sale price

S$

S$ 4,158

/month

Principal
S$ 2,283
Interest
S$ 1,875

Downpayment (25%)

S$ 375k

Loan amount (75%)

S$ 1.13m

Tenure (yrs)

5

35

Loan (%)

10

75

Interest (%)

0

5

Location

Location of Martin No 38

Martin No 38 is located at 38 Martin Road in District 09. The nearest MRT station to Martin No 38 is Great World MRT.

Taxi

Public Transport

Driving

Add locations your travel to frequently to calculate travel time

Changi Airport

3 Transfers

67 mins

S$ 1.94

Raffles Place

1 Transfer

25 mins

S$ 0.78

Orchard Road

1 Transfer

24 mins

S$ 0.78

Amenities nearby Martin No 38

Schools

Distance

River Valley Primary School

4 mins (267 m)

ATennisUP(Professionals)

6 mins (381 m)

Cambridge @ Robertson

6 mins (407 m)

MRT Stations

Distance

Great World

8 mins (526 m)

Havelock

580 m

Fort Canning

684 m

Supermarkets

Distance

CS Fresh @ UE Square

7 mins (495 m)

Cold Storage - UE Square

515 m

I-Tec Supermart Pte Ltd

521 m

Parks

Distance

park

2 mins (120 m)

Kim Seng Park

6 mins (373 m)

Alexandra Park Connector

743 m

Property Insights

Profitability (All time)

2 Profitable transactions
0 Unprofitable transactions

Sale price trend overtime

1M

3M

6M

1Y

5Y

10Y

Last 6 months S$2,588.05 Avg. psf
Last 1 year S$2,588.05 Avg. psf

Data Source: URA, Realis and 99.co

Powered by 99.co Researcher

Jun 25Jul 25Aug 25Sep 25Oct 25Nov 25Dec 25Jan 26Feb 26Mar 26Apr 26May 26S$ 0S$ 1.0MS$ 2.0MS$ 3.0MS$ 4.0MAvg. transaction price0246810Transaction volumeTransaction volumeAvg. transaction price

Rent price trend overtime

1M

3M

6M

1Y

5Y

10Y

Last 6 months S$7.25 Avg. psf
Last 1 year S$7.13 Avg. psf

Data Source: URA, Realis and 99.co

Powered by 99.co Researcher

Jul 25Aug 25Sep 25Oct 25Nov 25Dec 25Jan 26Feb 26Mar 26Apr 26May 26S$ 0S$ 2kS$ 4kS$ 6kS$ 8kS$ 10kAvg. transaction price0246810Transaction volumeTransaction volumeAvg. transaction price
Properties at Martin No 38 are currently on the market, priced between S$ 2.45M to S$ 6.4M. On average, units have sold for S$ 2,588.05 PSF over the past six months and S$ 2,588.05 PSF over the past year. Recent sales include a latest transaction at S$ 2.44 M with the highest sale recorded at S$ 9.22 M.

For rentals, price start from S$ 9,000 to S$ 10,500. The average rent is S$ 7.25 PSF over the past six months and S$ 7.13 PSF over the year. Recent rental deals include the latest at S$ 7,000, with the highest rent reaching S$ 40,000.

Nearby condo project comparison

Project
Tenure
TOP
MRT Distance
Price range (Sale)
Avg. Price (Sale)
Price range (Rent)
Avg. Price (Rent)
Rental Yield
Martin No 38Freehold2012
TE 15
Walk Icon7 mins (529m)
Great World MRT
2,528.38 - 2,921.35 psf2,767.91 psf9,000 - 10,500 /mo9,375 /mo3.27%
Martin Modern99 yrs2021
TE 15
Walk Icon7 mins (492m)
Great World MRT
2,709.42 - 3,346.8 psf2,994.13 psf6,500 - 8,600 /mo7,031.54 /mo3.68%
Up @ Robertson Quay99 yrs2016
TE 16
Walk Icon6 mins (457m)
Havelock MRT
1,865.95 - 2,786.18 psf2,254.47 psf4,500 /mo4,500 /mo4.04%
Starlight SuitesFreehold2015
TE 15
Walk Icon6 mins (417m)
Great World MRT
2,218.4 - 2,785.71 psf2,382.25 psf4,000 - 6,200 /mo5,116.5 /mo3.48%
The InspiraFreehold2009
DT 20
Walk Icon8 mins (589m)
Fort Canning MRT
2,473.76 - 2,998.08 psf2,750.42 psf4,300 - 12,000 /mo7,075 /mo2.77%
RivergateFreehold2009
TE 16
Walk Icon5 mins (394m)
Havelock MRT
3,030.3 - 3,270.14 psf3,163.32 psf3,000 - 15,800 /mo11,594.44 /mo2.69%
Martin EdgeFreehold2006
TE 15
Walk Icon6 mins (468m)
Great World MRT
2,151.46 psf2,151.46 psf2,000 - 4,300 /mo2,862.28 /mo3.49%
Robertson 100Freehold2004
TE 16
Walk Icon7 mins (522m)
Havelock MRT
2,490.42 - 2,684.37 psf2,565.91 psf5,200 - 7,200 /mo5,771.43 /mo2.79%
Oleanas ResidenceFreehold1999
TE 15
Walk Icon8 mins (597m)
Great World MRT
568.11 - 2,206.84 psf1,034.67 psf1,100 - 9,700 /mo3,616.67 /mo2.67%

FAQs

General FAQs

When did the Martin No 38 TOP?

Martin No 38 obtained its TOP (Temporary Occupation Permit) in 2012.

What is the address of Martin No 38?

The address of Martin No 38 is 38 Martin Road, Singapore.

What is the tenure for Martin No 38?

The tenure of Martin No 38 is Freehold, starting from 2012. Upon expiration, the land reverts to the state unless the lease is renewed.

How many units are there in Martin No 38?

Martin No 38 has a total of 91 residential units with numerous bedroom configurations to choose from.

How many blocks does Martin No 38 have?

Martin No 38 has a total of 1 blocks within the development.

What is the postal code of Martin No 38?

The postal code of Martin No 38 is 239059.

Where to get floor plans for Martin No 38?

You can find the floor plan layouts and unit configurations of Martin No 38 in the Floor Plan section above. 

Where can I find the Martin No 38 Site Plan?

You can view the site plans and elevation charts for Martin No 38 in the Site Plan section above.

Located FAQs

What is the nearest MRT Station to Martin No 38?

Martin No 38 is well-served by nearby MRT/LRT stations, such as Great World which is close to the development.

What are the schools nearby Martin No 38?

Some of the nearest schools from Martin No 38 are River Valley Primary School, River Valley Primary School and River Valley Primary School, providing families with quality education close to home.

Where are the bus stops near Martin No 38?

Several bus stops can be found near Martin No 38, such as River Place Condominium, River Place Condominium and River View Hotel which is located close to the development.

What condo facilities are available to residents of Martin No 38?

Some facilities at Martin No 38 are available, such as Gym, Lap Pool and Parking. Ensuring the lifestyle convenience of every resident. 

Price FAQs

What is the sale price of Martin No 38?

The average sale price of Martin No 38 in the past 6 months is S$ 2.66M.

What is the rental price of Martin No 38?

The average rent at Martin No 38 in the past 6 months is S$ 7.93K, depending on unit size and type.

What is the price range of units in Martin No 38?

The price range of units for sale in Martin No 38 is S$ 2,450,000 ~ S$ 6,398,000. The prices depend on size, location within the development, and the overall demand in the new launch market.

What is the average PSF for Martin No 38?

The current price per square foot (PSF) at Martin No 38 averages around S$ 2,528 psf ~ S$ 2,921 psf, depending on the unit type, floor, and view.

Investment & Finance FAQs

What is the rental yield at Martin No 38?

The latest data puts the average gross rental yield at ≈ 3%.

How much upfront cash/CPF do I need for a S$ 2,450,000 unit at Martin No 38?

At a 75% LTV, the down-payment is S$ 612,500 (25%), of which at least S$ 122,500 (5%) must be in cash; the balance can come from CPF OA savings.

What property-tax rates apply if I rent out my unit at Martin No 38?

Non-owner-occupied residential property at Martin No 38 is taxed on a progressive scale of 12%–36% of Annual Value (AV) from 2026. Owner-occupiers enjoy lower 0%–32% rates.

Property News

Latest New Launch News

About the information on this page

The information on this page contains the latest available details about this development which is a mix of information generated by the 99.co team and facts obtained from official developer sources. This includes, and is not limited to, the official developer brochure, to bring you the most accurate information to help with your choice of condo. 

If any of the information is inaccurate, please contact us and we will amend the details as soon as possible. If you have any queries, compliments, or feedback on how we can learn to serve you better, please also feel free to reach out to us. We’re listening!

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