We track 45 sales and 597 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the MARTIN PLACE RESIDENCES dashboard.
- Average sale price: $3,231,811 across 45 transactions
- Estimated gross rental yield: 2.7%
- District 9 PSF ranking: Premium tier (top 22%)
- Freehold tenure · CCR · D9 · 302 units
About MARTIN PLACE RESIDENCES
MARTIN PLACE RESIDENCES is a freehold condominium, located at MARTIN PLACE in District 9 (Orchard, Cairnhill, River Valley) (Core Central Region), developed by FCL LAND PTE LTD (FRASERS CENTREPOINT HOMES), comprising 302 residential units, completed in 2011.
As a freehold property, MARTIN PLACE RESIDENCES does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at MARTIN PLACE RESIDENCES:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 9 | $2,303 psf | $1,391,778 |
| 3 BR | 13 | $2,543 psf | $2,749,231 |
| 4 BR | 19 | $2,635 psf | $3,978,184 |
| 5+ BR | 4 | $2,695 psf | $5,395,000 |
Sales Market Overview
MARTIN PLACE RESIDENCES has recorded 45 sale transactions with an average transaction price of $3,231,811, ranging from $1,250,000 to $5,650,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 12 | $2,368 psf | $2,587,500 | — |
| 2022 | 8 | $2,463 psf | $3,210,375 | ↑ 4.0% |
| 2023 | 7 | $2,551 psf | $3,532,857 | ↑ 3.6% |
| 2024 | 5 | $2,599 psf | $3,399,600 | ↑ 1.9% |
| 2025 | 9 | $2,662 psf | $3,172,411 | ↑ 2.4% |
| 2026 | 4 | $2,926 psf | $4,604,700 | ↑ 9.9% |
MARTIN PLACE RESIDENCES ranks in the top 22% of condos in District 9 by average PSF.
Compared to the CCR average of $2,447 psf, MARTIN PLACE RESIDENCES trades 4.1% above the segment benchmark.
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Rental Market Overview
MARTIN PLACE RESIDENCES has recorded 597 rental transactions with monthly rents averaging $7,173/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 165 | $3,898/mo | $2,750/mo | $5,500/mo |
| 2 BR | 166 | $6,515/mo | $4,300/mo | $8,000/mo |
| 3 BR | 201 | $8,989/mo | $6,000/mo | $14,000/mo |
| 4 BR | 61 | $11,216/mo | $7,700/mo | $14,000/mo |
| 5+ BR | 4 | $16,700/mo | $12,800/mo | $23,000/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 117 | $5,716/mo |
| 2022 | 118 | $6,806/mo |
| 2023 | 108 | $7,912/mo |
| 2024 | 105 | $7,666/mo |
| 2025 | 105 | $7,793/mo |
| 2026 | 44 | $7,564/mo |
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Investment Analysis
Based on average rents and sale prices, MARTIN PLACE RESIDENCES delivers an estimated gross rental yield of 2.7%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 9
Side-by-side comparison against the most actively traded condos in District 9 (Orchard, Cairnhill, River Valley):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| IRWELL HILL RESIDENCES | 99 yrs lease commencing from 2020 | 540 | $2,730 psf | 582 |
| RIVER GREEN | 99 yrs lease commencing from 2024 | 524 | $3,138 psf | 491 |
| RIVER MODERN | 99 years leasehold | — | $3,239 psf | 421 |
| THE AVENIR | Freehold | 376 | $3,190 psf | 322 |
| KOPAR AT NEWTON | 99 yrs lease commencing from 2019 | 378 | $2,513 psf | 253 |
Location Map
Map shows MARTIN PLACE RESIDENCES (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- MARTIN PLACE RESIDENCES
- Great World MRT
- Fort Canning MRT
- Somerset MRT
- Havelock MRT
- Dhoby Ghaut MRT
- Fairfield Methodist School (Primary)
- Kheng Cheng School
- Outram Secondary School
Nearby MRT Stations
MARTIN PLACE RESIDENCES is 480m from Great World MRT (Thomson-East Coast Line), with 15 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Great World | TE15 | Thomson-East Coast Line | 480m |
| Fort Canning | DT20 | Downtown Line | 700m |
| Somerset | NS23 | North-South Line | 710m |
| Havelock | TE16 | Thomson-East Coast Line | 780m |
| Dhoby Ghaut | NS24 | North-South Line | 970m |
| Dhoby Ghaut | NE6 | North-East Line | 970m |
| Dhoby Ghaut | CC1 | Circle Line | 970m |
| Clarke Quay | NE5 | North-East Line | 1.1 km |
Nearby Schools
There are 12 schools within 2 km of MARTIN PLACE RESIDENCES, including 2 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Fairfield Methodist School (Primary) | Primary | 140m |
| Kheng Cheng School | Primary | 430m |
| Outram Secondary School | Secondary | 1.2 km |
| ACS (Junior) | Primary | 1.3 km |
| Singapore Management University | Tertiary | 1.3 km |
| Gan Eng Seng School | Secondary | 1.4 km |
| Gan Eng Seng Primary School | Primary | 1.5 km |
| School of the Arts | Jc | 1.6 km |
| Nanyang Academy of Fine Arts | Tertiary | 1.6 km |
| St. Anthony's Primary School | Primary | 1.7 km |
| Cantonment Primary School | Primary | 1.9 km |
| Chatsworth International School (Orchard) | International | 1.9 km |
FAQ
What is the average price for MARTIN PLACE RESIDENCES?
What is the rental yield for MARTIN PLACE RESIDENCES?
Is MARTIN PLACE RESIDENCES freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 45 transactions analysed
- Rental data: 597 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for MARTIN PLACE RESIDENCES
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