We track 10 sales and 48 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the RACE COURSE 138 dashboard.
- Average sale price: $1,213,001 across 10 transactions
- Estimated gross rental yield: 3.5%
- District 8 PSF ranking: Value tier (top 88%)
- Freehold tenure · RCR · D8 · 24 units
About RACE COURSE 138
RACE COURSE 138 is a freehold condominium, located at RACE COURSE ROAD in District 8 (Little India) (Rest of Central Region), comprising 24 residential units, completed in 2004.
As a freehold property, RACE COURSE 138 does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at RACE COURSE 138:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 1 | $1,572 psf | $660,000 |
| 1 BR | 1 | $1,104 psf | $630,000 |
| 3 BR | 5 | $1,070 psf | $1,198,000 |
| 4 BR | 3 | $1,072 psf | $1,616,669 |
Sales Market Overview
RACE COURSE 138 has recorded 10 sale transactions with an average transaction price of $1,213,001, ranging from $630,000 to $1,725,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2022 | 3 | $1,052 psf | $936,667 | — |
| 2023 | 1 | $1,572 psf | $660,000 | ↑ 49.5% |
| 2024 | 1 | $1,041 psf | $1,725,000 | ↓ 33.8% |
| 2025 | 4 | $1,105 psf | $1,433,752 | ↑ 6.2% |
| 2026 | 1 | $1,052 psf | $1,200,000 | ↓ 4.8% |
RACE COURSE 138 ranks in the top 88% of condos in District 8 by average PSF.
Compared to the RCR average of $2,049 psf, RACE COURSE 138 trades 45.1% below the segment benchmark.
Loading chart data...
Rental Market Overview
RACE COURSE 138 has recorded 48 rental transactions with monthly rents averaging $3,496/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 20 | $2,555/mo | $1,800/mo | $3,200/mo |
| 2 BR | 3 | $3,133/mo | $3,000/mo | $3,400/mo |
| 3 BR | 24 | $4,213/mo | $2,750/mo | $5,600/mo |
| 4 BR | 1 | $6,200/mo | $6,200/mo | $6,200/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 10 | $2,600/mo |
| 2022 | 14 | $3,071/mo |
| 2023 | 5 | $3,470/mo |
| 2024 | 5 | $4,140/mo |
| 2025 | 9 | $4,022/mo |
| 2026 | 5 | $4,910/mo |
Loading chart data...
Investment Analysis
Based on average rents and sale prices, RACE COURSE 138 delivers an estimated gross rental yield of 3.5%. This is above the Singapore-wide benchmark of approximately 3%.
Competing Condos in District 8
Side-by-side comparison against the most actively traded condos in District 8 (Little India):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| PICCADILLY GRAND | 99 yrs lease commencing from 2021 | 407 | $2,168 psf | 426 |
| CITYLIGHTS | 99 yrs lease commencing from 2004 | 600 | $1,767 psf | 133 |
| CITY SQUARE RESIDENCES | Freehold | 910 | $1,894 psf | 115 |
| STURDEE RESIDENCES | 99 yrs lease commencing from 2015 | 305 | $1,999 psf | 107 |
| KERRISDALE | 99 yrs lease commencing from 1998 | 481 | $1,398 psf | 91 |
Location Map
Map shows RACE COURSE 138 (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- RACE COURSE 138
- Farrer Park MRT
- Little India MRT
- Little India MRT
- Jalan Besar MRT
- Rochor MRT
- LASALLE College of the Arts
- Farrer Park Primary School
- St. Andrew'
Nearby MRT Stations
RACE COURSE 138 is 360m from Farrer Park MRT (North-East Line), with 15 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Farrer Park | NE8 | North-East Line | 360m |
| Little India | NE7 | North-East Line | 500m |
| Little India | DT12 | Downtown Line | 500m |
| Jalan Besar | DT22 | Downtown Line | 610m |
| Rochor | DT13 | Downtown Line | 700m |
| Bugis | EW12 | East-West Line | 1.1 km |
| Bugis | DT14 | Downtown Line | 1.1 km |
| Lavender | EW11 | East-West Line | 1.2 km |
Nearby Schools
There are 17 schools within 2 km of RACE COURSE 138, including 6 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| LASALLE College of the Arts | Tertiary | 390m |
| Farrer Park Primary School | Primary | 590m |
| St. Andrew's Secondary School | Secondary | 920m |
| St. Andrew's Junior College | Jc | 920m |
| St. Margaret's Secondary School | Secondary | 950m |
| St. Andrew's Junior School | Primary | 960m |
| St. Margaret's Primary School | Primary | 1.0 km |
| CHIJ Our Lady Queen of Peace | Primary | 1.1 km |
| ACS (Junior) | Primary | 1.3 km |
| Nanyang Academy of Fine Arts | Tertiary | 1.3 km |
| School of the Arts | Jc | 1.5 km |
| Singapore Management University | Tertiary | 1.5 km |
FAQ
What is the average price for RACE COURSE 138?
What is the rental yield for RACE COURSE 138?
Is RACE COURSE 138 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: 10 transactions analysed
- Rental data: 48 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 RACE COURSE 138
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.