Martin No 38
Martin No 38 is a freehold condominium located in District 9 (Orchard, Cairnhill, River Valley), part of the Core Central Region (CCR). The development comprises 88 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Over the 12 months to Jul 2026, Martin No 38 recorded 5 resale transactions at a median $2,517 psf (median price $2,438,000), and 29 rental contracts at a median $7,900/mo, a gross rental yield of 3.9%. Source: URA caveat data, as of Jul 2026.
Martin No 38's median of $2,517 psf over the trailing 12 months places its pricing above roughly 76% of District 9 condos; resale liquidity has been moderate with 5 caveats lodged; the 3.9% 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 |
|---|---|---|---|---|---|
| Jul-26 | $3,650,000 | $2,735 psf | 1,335 sqft | 06 to 10 | 3BR |
| Jun-26 | $2,418,000 | $2,496 psf | 969 sqft | 01 to 05 | 3BR |
| May-26 | $2,438,000 | $2,517 psf | 969 sqft | 01 to 05 | 3BR |
| Feb-26 | $3,120,000 | $2,761 psf | 1,130 sqft | 06 to 10 | 3BR |
| Jan-26 | $2,410,000 | $2,488 psf | 969 sqft | 01 to 05 | 3BR |
| Jun-25 | $3,575,000 | $2,678 psf | 1,335 sqft | 06 to 10 | 3BR |
| Jun-25 | $3,550,000 | $2,660 psf | 1,335 sqft | 06 to 10 | 3BR |
| May-25 | $2,455,000 | $2,534 psf | 969 sqft | 06 to 10 | 3BR |
Can I afford Martin No 38?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $2,438,000.
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.