Carpmael Thirty-eight
Carpmael Thirty-Eight is a freehold condominium located in District 15 (Joo Chiat, Amber Road, Katong), part of the Rest of Central Region (RCR). The development comprises 16 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Over the 12 months to Dec 2025, Carpmael Thirty-eight recorded 1 resale transaction at a median $1,811 psf (median price $2,300,000), and 1 rental contract at a median $6,500/mo, a gross rental yield of 3.4%. Source: URA caveat data, as of Dec 2025.
Carpmael Thirty-eight's median of $1,811 psf over the trailing 12 months places its pricing above roughly 75% of District 15 condos; resale liquidity has been limited with 1 caveat lodged; the 3.4% gross rental yield sits above the ~3% private-market benchmark. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Dec-25 | $2,300,000 | $1,811 psf | 1,270 sqft | 01 to 05 | 3BR |
| Oct-24 | $2,180,000 | $1,858 psf | 1,173 sqft | 01 to 05 | 3BR |
| Apr-22 | $2,222,000 | $1,764 psf | 1,259 sqft | 01 to 05 | 3BR |
Can I afford Carpmael Thirty-eight?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $2,300,000.
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.