ST MARTIN RESIDENCE is a freehold development along ST. MARTIN'S DRIVE in District 10 (Bukit Timah / Holland), part of the CCR segment of Singapore's private residential market. The project comprises 82 units and is TOP 2001.
This profile draws on 15 recorded transactions from URA REALIS to frame the project's character: who actually lives here, who buys here, and where the pricing sits relative to immediate alternatives. For the broader district context, see the Singapore price-heatmap map.
At roughly 25 years from TOP, ST MARTIN RESIDENCE is in mature-resale territory: a clear track record on capital appreciation, defined renovation and refurbishment cycles, and lease-decay considerations starting to enter the picture (if leasehold).
Within District 10 (Bukit Timah / Holland), the immediate context for ST MARTIN RESIDENCE is shaped by the broader URA Master Plan zoning for the area, ongoing or planned infrastructure (MRT extensions, expressway changes, school relocations), and the supply pipeline of nearby launches. See the URA Master Plan 2019 for the precinct-specific land-use overlay before underwriting medium-term capital appreciation.
We track 15 sales and 183 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the ST MARTIN RESIDENCE dashboard.
- Average sale price: $3,224,733 across 15 transactions
- Estimated gross rental yield: 2.4%
- District 10 PSF ranking: Above average (top 40%)
- Freehold tenure · CCR · D10 · 82 units
About ST MARTIN RESIDENCE
ST MARTIN RESIDENCE is a freehold condominium, located at ST. MARTIN'S DRIVE in District 10 (Ardmore, Bukit Timah, Holland Road, Tanglin) (Core Central Region), developed by PREMIER PROPERTIES PTE LTD (HABITAT PROPERTIES PTE LTD), comprising 82 residential units, completed in 2001.
As a freehold property, ST MARTIN RESIDENCE does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at ST MARTIN RESIDENCE:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 4 | $2,415 psf | $1,443,750 |
| 3 BR | 2 | $2,434 psf | $3,040,000 |
| 4 BR | 5 | $2,426 psf | $3,839,600 |
| 5+ BR | 4 | $1,592 psf | $4,329,500 |
Sales Market Overview
ST MARTIN RESIDENCE has recorded 15 sale transactions with an average transaction price of $3,224,733, ranging from $1,285,000 to $5,000,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 2 | $2,287 psf | $2,092,500 | — |
| 2022 | 4 | $2,260 psf | $2,860,000 | ↓ 1.2% |
| 2024 | 4 | $1,827 psf | $4,116,500 | ↓ 19.1% |
| 2025 | 3 | $2,426 psf | $3,016,667 | ↑ 32.8% |
| 2026 | 2 | $2,413 psf | $3,615,000 | ↓ 0.5% |
ST MARTIN RESIDENCE ranks in the top 40% of condos in District 10 by average PSF.
Compared to the CCR average of $2,447 psf, ST MARTIN RESIDENCE trades 10% below the segment benchmark.
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Rental Market Overview
ST MARTIN RESIDENCE has recorded 183 rental transactions with monthly rents averaging $6,419/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 53 | $3,817/mo | $2,800/mo | $4,690/mo |
| 2 BR | 32 | $6,177/mo | $4,500/mo | $9,200/mo |
| 3 BR | 98 | $7,905/mo | $5,300/mo | $12,300/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 36 | $5,433/mo |
| 2022 | 40 | $6,169/mo |
| 2023 | 34 | $7,354/mo |
| 2024 | 39 | $6,256/mo |
| 2025 | 29 | $6,885/mo |
| 2026 | 5 | $7,718/mo |
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Investment Analysis
Based on average rents and sale prices, ST MARTIN RESIDENCE delivers an estimated gross rental yield of 2.4%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 10
Side-by-side comparison against the most actively traded condos in District 10 (Ardmore, Bukit Timah, Holland Road, Tanglin):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| SKYE AT HOLLAND | 99 yrs lease commencing from 2024 | 666 | $2,946 psf | 666 |
| LEEDON GREEN | Freehold | 638 | $2,785 psf | 570 |
| D'LEEDON | 99 yrs lease commencing from 2010 | 1703 | $1,858 psf | 433 |
| HYLL ON HOLLAND | Freehold | 319 | $2,648 psf | 327 |
| FOURTH AVENUE RESIDENCES | 99 yrs lease commencing from 2018 | 476 | $2,465 psf | 296 |
Location Map
Map shows ST MARTIN RESIDENCE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- ST MARTIN RESIDENCE
- Napier MRT
- Orchard Boulevard MRT
- Orchard MRT
- Orchard MRT
- Chatsworth International School (Orchard)
- Methodist Girls'
- Methodist Girls'
Nearby MRT Stations
ST MARTIN RESIDENCE is 160m from Napier MRT (Thomson-East Coast Line), with 4 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Napier | TE12 | Thomson-East Coast Line | 160m |
| Orchard Boulevard | TE13 | Thomson-East Coast Line | 870m |
| Orchard | NS22 | North-South Line | 900m |
| Orchard | TE14 | Thomson-East Coast Line | 900m |
Nearby Schools
There are 19 schools within 2 km of ST MARTIN RESIDENCE, including 6 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Chatsworth International School (Orchard) | International | 230m |
| Methodist Girls' School | Secondary | 360m |
| Methodist Girls' School (Primary) | Primary | 520m |
| ISS International School (Paterson) | International | 540m |
| Tanglin Secondary School | Secondary | 610m |
| ISS International School (Preston) | International | 620m |
| Nanyang Primary School | Primary | 1.0 km |
| St. Anthony's Primary School | Primary | 1.1 km |
| CHIJ (Kellock) | Primary | 1.3 km |
| Nanyang Girls' High School | Secondary | 1.3 km |
| River Valley Primary School | Primary | 1.5 km |
| Anglo-Chinese School (Primary) | Primary | 1.6 km |
Tenure resilience. Freehold tenure removes the lease-decay headwind that affects 99-year leasehold stock from ~year 60 onward. CPF eligibility, loan-tenure caps, and resale buyer pool are all preserved without the time-decay clock. For long holds (15+ years), this matters meaningfully more than headline PSF.
Genuine walk-to-MRT access. Napier sits about 0.16km away — true walking distance, not the elastic 800m claim that some listings stretch. For tenants and commuter-owners, this anchors rental demand and supports a steady capital-value floor across cycles.
Boutique character. With 82 units, ST MARTIN RESIDENCE keeps a low-density character — fewer residents per facility, quieter corridors, more curated common spaces. Suits buyers prioritising unit-interior quality and neighbour proximity over deep facilities breadth.
School-belt proximity. Chatsworth International School (Orchard) sits about 0.23km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.
Thin transaction history. With only 15 recorded sales, comparable-sales analysis is fragile — a single outlier transaction can skew the apparent price level by 5-10%. Triangulate with nearby district comparables rather than rely on within-project averages alone.
Cycle-sensitivity. Like all Singapore private residential, the project's capital appreciation and rental yields move with broader macro factors — mortgage rate environment, MAS macroprudential stance (TDSR, ABSD), and the supply-pipeline tempo. Build a 5pp rate buffer into your stress test.
[
{
"persona": "Young couple, first home",
"fit_color": "green",
"reason": "Long balance lease + likely sub-CCR pricing"
},
{
"persona": "Family with school-age kids",
"fit_color": "green",
"reason": "Nearby schools support MOE registration priority"
},
{
"persona": "CBD commuter",
"fit_color": "green",
"reason": "Walking-distance MRT supports daily commute"
},
{
"persona": "Rental investor (yield-focused)",
"fit_color": "red",
"reason": "Thin transaction history makes underwriting fragile"
},
{
"persona": "Foreign professional (expat)",
"fit_color": "amber",
"reason": "MRT plus mid-size facility suite typically meets expat-tenant criteria"
},
{
"persona": "Long-term hold (10+ yr)",
"fit_color": "green",
"reason": "Tenure supports CPF + buyer-pool through hold"
}
]
Composite assessment: ST MARTIN RESIDENCE hits the three structural levers that anchor long-term Singapore residential value: a prime district position, walkable MRT, and a long balance lease. Premium pricing is the trade-off; buyers paying that premium are buying scarcity rather than yield. 15 transactions in URA REALIS provide the data foundation for this view.
Suggested holding period for most buyer profiles: 8-15 years to absorb full cycle and capture the prime-district capital-appreciation thesis. Cross-reference per-bedroom net yield against district comparables via the compare-tool, model monthly cash-flow with the mortgage calculator, and confirm your effective BSD+ABSD cost using the stamp-duty calculator before finalising. This profile is informational; not a personal investment recommendation.
FAQ
What is the average price for ST MARTIN RESIDENCE?
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Is ST MARTIN RESIDENCE freehold or leasehold?
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What is the tenure of ST MARTIN RESIDENCE?
How does ST MARTIN RESIDENCE compare to other projects in the district?
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Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 15 transactions analysed
- Rental data: 183 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 ST MARTIN RESIDENCE
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.