St Martin's

D10 (CCR) Freehold
District 10 ·Freehold ·Completed 1986
~$2,474 Avg PSF (12-month)
2.4% Rental yield
16 Total units
Category Ratings
Facilities
2.5
Unit size & layout
8.0
Value for money
7.5
Neighbourhood
8.5
MRT accessibility
9.5
Lease remaining
10.0

Overview & Key Facts

St Martin's occupies a sliver of St Martin's Drive in District 10 — a quietly prestigious address tucked behind the bustle of Orchard Road and the manicured lawns of Goodwood Hill. Developed by Unicurrent Pte Ltd and completed in 1986, this freehold development comprises just 16 units across a modest cluster of blocks, making it one of Singapore's most exclusive small-scale residences in the Core Central Region. In an era when mega-developments compete on amenity counts, St Martin's competes on something rarer: sheer scarcity of address.

The boutique scale is a defining feature in every sense. With only 16 units, residents enjoy a level of privacy and quiet that larger developments in the same district — such as Leedon Green with 638 units or D'Leedon with 1,703 — simply cannot replicate. Common areas are never crowded; facilities are never booked out; and the resident community is intimate enough that neighbours know one another by name. For owner-occupiers who value discretion and privacy above all else, this is the primary appeal.

Being freehold in D10 places St Martin's in a category of asset that only appreciates in scarcity over time. The land parcel sits in the Tanglin / Orchard fringe where freehold titles are diminishing as en-bloc redevelopments proceed. Transaction records show an average price of S$2,256,600 and a 12-month average PSF of S$2,474 — a competitive rate relative to nearby newly-launched freehold developments. The en-bloc potential score of 72/100 underlines that the site, if ever collectively sold, would command premium land-rate bids given the address.

Developer
UNICURRENT PTE LTD
Tenure
Freehold
Total units
16
TOP year
1986
District
10 — CCR
Street
ST. MARTIN'S DRIVE

Location & Connectivity

Few addresses in Singapore balance central location with residential quietude as effectively as St Martin's Drive. The development sits approximately 240 metres from Napier MRT (Thomson-East Coast Line) — a 3 to 4-minute walk — making it genuinely transit-accessible despite its rarefied Tanglin setting. The Thomson-East Coast Line connects directly to Orchard, Stevens interchange (Downtown Line), Caldecott, and the Botanic Gardens without a change, giving residents swift access to both the CBD and eastern suburbs on a single train.

Orchard MRT (North-South Line) and Orchard Boulevard MRT (TEL) are within 800 to 900 metres — walkable in the cooler morning hours but more comfortably served by a quick cab or GrabCar during peak heat. For drivers, St Martin's Drive connects easily to Napier Road and Tanglin Road, providing fast access to the CTE (Central Expressway) and AYE. Orchard Road is reachable in under 5 minutes; the CBD in 10 to 15 minutes depending on traffic conditions. The absence of a major expressway in the immediate vicinity keeps road noise very low.

The immediate neighbourhood is defined by embassies, good-class bungalow enclaves, and the Tanglin Club — a social fabric that reinforces the development's premium-residential character. Day-to-day conveniences are a short drive or taxi ride away: Tanglin Mall (Cold Storage, dining, specialist retail) is roughly 700 metres south, and the Cold Storage at Cluny Court is within similar range. Forum The Shopping Mall and Lucky Plaza are accessible along Orchard Road. For food, the hawker fare at Killiney Kopitiam along Killiney Road and Newton Food Centre are accessible within 10 minutes by car.

School catchment advantage
St Martin's Drive sits within the registration zones of several highly sought-after schools. Methodist Girls' School (Primary and Secondary) is under 500 metres away — exceptional for D10 P1 registration balloting purposes. Chatsworth International School (Orchard Campus) is 220 metres from the development, making it a natural choice for expatriate families enrolled in IB programmes. ISS International School (Paterson and Preston campuses) and Tanglin Secondary School round out the options within 700 metres.

Schools & Education

1 primary school within the 1 km Priority Phase balloting radius.

Nearby Schools
SchoolTypeDistance
Chatsworth International School (Orchard)internationalWithin 1 km
Methodist Girls' SchoolsecondaryWithin 1 km
Tanglin Secondary SchoolsecondaryWithin 1 km
ISS International School (Paterson)internationalWithin 1 km
Methodist Girls' School (Primary)primaryWithin 1 km
ISS International School (Preston)internationalWithin 1 km
St. Anthony's Primary Schoolprimary~1.1 km
Nanyang Primary Schoolprimary~1.1 km

Facilities

Expectations must be calibrated at the outset: with 16 units, St Martin's provides facilities in proportion to its intimate scale rather than trying to match resort-scale developments. Residents have access to a swimming pool and basic landscaped grounds — enough for leisure use without the queuing and booking constraints that plague larger condominiums. The trade-off is honest: there is no gymnasium, no tennis court, no function rooms. Residents who prioritise facilities breadth should look at larger nearby developments. Those who prioritise exclusivity, minimal maintenance fees, and uncrowded surroundings will find the arrangement entirely satisfactory.

“The pool is rarely occupied — it's essentially a private pool given how few units there are. I've lived here 11 years and I can count on one hand the times I've had to wait to swim. You simply cannot put a price on that in Singapore.”

— Long-term owner-occupier, via PropertyGuru

The grounds are maintained with the kind of attentive consistency that is easier to achieve at small scale — a genuine advantage over mega-developments where MCST management of shared spaces can be uneven. Maintenance fees at boutique CCR developments of this vintage tend to be lower per-unit than at facility-rich larger condos, though prospective buyers should verify the current sinking fund health and MCST reserves before purchase.


Unit Sizes & Layout

Built in 1986, the units at St Martin's reflect the spatial generosity typical of older Singapore private developments — a meaningful contrast with the compact floor plates of contemporary new launches. At an average transacted price of S$2,256,600 and median of S$2,290,000, the units represent sizeable residences by any measure, likely in the 900 to 1,500 sqft range based on the PSF achieved. The low unit count means precise floor plan data is limited, but buyers can generally expect higher ceiling heights, more rectangular room layouts, and built-in storage provision that newer builds have progressively traded away.

The development's 1986 vintage means prospective buyers should factor in renovation costs. Kitchen and bathroom fittings will typically need full replacement, and wiring and piping should be inspected thoroughly. However, the structural bones of older CCR developments are often well-maintained by owner-occupiers with long holding periods — and the freehold tenure means there is no lease depreciation pressure to force a sale. Units here are typically held for 7 to 12 years before transacting, suggesting owner-occupiers rather than short-term flippers.

Buyers should set aside S$80,000 to S$130,000 for full kitchen and bathroom renovation in a development of this age. An M&E inspection (mechanical, electrical, plumbing) before purchase is strongly recommended. The upside: once renovated to modern standards, these units offer space and address quality that equivalent renovation spend in a newer CCR launch cannot replicate.
Unit Mix (from transaction data)
BedroomsTransactionsAvg PSFAvg Price
2 BR4$2,418$2,238,750
3 BR1$2,100$2,328,000

Pricing & Market Position

Based on 5 recorded transactions, sale prices range from $2,155,000 to $2,350,000, averaging $2,256,600 (~$2,474 psf).

Rents range from $2,500 to $6,900 per month across 36 rental transactions. Current rental yield sits at approximately 2.4%.


Price Appreciation

From 2021 to 2025, the average PSF has appreciated by 1.7% (from $2,433 to $2,474 psf).

2023
-4.1%
$2,333 psf
2024
-10%
$2,100 psf
2025
+17.8%
$2,474 psf

Neighbourhood Comparison

The natural comparisons sit within D10's freehold mid-size and boutique tier. Hyll on Holland (319 units, freehold, S$2,648 psf) offers significantly more amenities and a livelier community feel on Holland Road, but at a 7% PSF premium and without the TEL interchange proximity that St Martin's now enjoys. Leedon Green (638 units, freehold, S$2,784 psf) provides resort-scale landscaping and a strong Farrer Road MRT connection on the Circle Line, but the price gap to St Martin's (~13%) reflects both the size differential and newer construction. For buyers who would genuinely use 50+ facilities, Leedon Green is the stronger choice. For buyers prioritising boutique scale, TEL connectivity, and school catchment at the lowest entry price point in freehold D10, St Martin's remains a distinctive proposition.

Against Fourth Avenue Residences (476 units, 99-year lease, S$2,465 psf), the comparison is instructive: St Martin's delivers comparable PSF pricing with freehold title against a leasehold competitor — a premium that any long-term Singapore property buyer should value. D'Leedon (1,703 units, 99-year lease, S$1,855 psf) offers a substantial PSF discount but with Zaha Hadid’s iconic towers, a fresh 2010 lease origin, and scale facilities — a very different product for a different buyer.

District 10 Comparables
DevelopmentTenureTOPUnits~Avg PSF
ST MARTIN'SFreehold198616$2,474
SKYE AT HOLLAND99 yrs lease commencing from 20242025666$2,945
LEEDON GREENFreehold2021638$2,784
D'LEEDON99 yrs lease commencing from 201020141,703$1,855
HYLL ON HOLLANDFreehold2021319$2,648
FOURTH AVENUE RESIDENCES99 yrs lease commencing from 20182021476$2,465

ShiokNest Scores

Our proprietary scoring system evaluates ST MARTIN'S across multiple dimensions.

Walkability
80/100
MRT: 25/25, School: 20/20, Hawker: 5/15, Mall: 15/15, Park: 10/10, Supermarket: 0/10, Clinic: 5/5
Investment
49/100
Insufficient data ·2.2% yield ·1 txns/yr ·Freehold ·0.24 km to MRT ·+22.6% district YoY ·En-bloc 72/100
En-Bloc Potential
72/100
Verdict: High
Overall ShiokNest Score
63/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

“Living on St Martin's Drive is like having a secret. Everybody knows Orchard Road is nearby but nobody comes through here. The street is quiet at midnight and quiet at noon. That's extraordinarily rare for Singapore CCR.”

— Owner-occupier review via EdgeProp, 2024

“The MRT access is genuinely excellent now that Napier station is open. Five years ago the location felt isolating without a car. Now it doesn't. That's changed the property's appeal significantly.”

— Tenant review via PropertyGuru, 2024

“The unit is large by modern standards and the building is quiet — genuinely quiet, not politely quiet. Facilities are minimal but honestly I don't care. I joined the Tanglin Club nearby. The pool here is for when I don't want to leave the building.”

— Long-term resident quoted in 99.co listing feedback

The consistent theme across resident feedback is the exceptional quiet for a central Singapore address, significantly enhanced by the opening of Napier MRT in 2022 which eliminated the location's only historical weakness. Residents do not expect resort facilities — they chose the property specifically to avoid the management complexity that comes with them. The rare criticism concerns the age of the building fabric and the need for renovation investment, which buyers in this segment typically accept as a known cost of entry.


Strengths & Weaknesses

Strengths
  • Freehold tenure in D10 CCR — permanent asset with no lease clock
  • Napier MRT (TEL) just 240m away — exceptional transit access for a quiet residential street
  • Boutique 16 units — near-private pool and facilities, no booking queues
  • Methodist Girls' School (Primary) under 500m — elite P1 catchment
  • Chatsworth International School 220m away — ideal for expatriate IB families
  • Quiet Tanglin / embassy district street with zero expressway noise
  • PSF discount vs freehold peers Leedon Green and Hyll on Holland
  • High en-bloc potential (72/100) — small consent threshold to reach 80%
  • Orchard Road retail and Tanglin Mall dining within 700m
  • Genuinely spacious older-build units vs contemporary compact new launches
Weaknesses
  • Only 16 units — very thin transaction volume, illiquid resale market
  • 1986 vintage building requires full kitchen and bathroom renovation
  • Minimal facilities — no gym, no tennis court, no function rooms
  • Gross yield 2.41% — below average for CCR; poor for pure-yield investors
  • Investment score 49/100 — modest capital gain outlook vs rental carry
  • Average rent S$4,460/month is low relative to CCR entry price point
  • Limited ground-level retail and hawker food within walking distance
  • Older M&E systems (wiring, plumbing, lifts) need due-diligence inspection
  • Very small MCST pool — sinking fund adequacy must be verified before purchase
Best for — HNWI owner-occupiers Expatriate families (IB schools) Freehold D10 asset preservation P1 school-priority buyers (MGS) TEL commuters (Thomson-East Coast) En-bloc opportunity seekers Car-free young professionals Yield-focused investors Buyers wanting full condo facilities

Verdict

St Martin's is a niche property for a specific buyer — but for that buyer, it is hard to beat. The combination of freehold tenure, a Napier MRT address within 250 metres, boutique scale with near-private pool access, and proximity to D10's best international and local schools creates a proposition that genuinely differentiates from the much larger and more expensive developments along Orchard or Holland Road. At S$2,474 psf, the development offers a noticeable discount to comparable freehold CCR product: Skye at Holland (99-year lease, 666 units) trades at S$2,945 psf, and Leedon Green at S$2,784 psf.

The investment case is complicated by the development's age and the relatively thin transaction volume — just 5 sales and 36 rental transactions on record. Gross yield of 2.41% is below market average, reflecting a price level that has kept pace with rental values. But for asset-preservation buyers or HNWI owner-occupiers who want a central Singapore freehold address with minimal neighbours, the calculus is less about yield and more about irreplaceability. Freehold D10 addresses this close to a TEL interchange station are not being created; they are only being absorbed into larger redevelopments over time.

The en-bloc potential score of 72/100 adds an optionality layer: if the 16 owners ever align on a collective sale, the underlying land value at Napier MRT would attract serious developer bids. Given the small unit count, achieving the 80% consent threshold required for a collective sale is more attainable here than at larger developments — though boutique freehold owners are also typically the most resistant to collective selling at below-premium prices. Buyers should view en-bloc as a possibility, not a thesis.

Frequently Asked Questions

How far is St Martin's from the nearest MRT station?
St Martin's is approximately 240 metres from Napier MRT on the Thomson-East Coast Line — a 3 to 4-minute walk. Orchard Boulevard MRT (TEL) and Orchard MRT (NSL) are within 800 to 900 metres.
What schools are closest to St Martin's?
Chatsworth International School (Orchard campus) is 220 metres away. Methodist Girls' School (Primary and Secondary) is under 500 metres. ISS International School (Paterson) is 590 metres away. These make St Martin's one of D10's best school-proximity addresses for both local and international school families.
What is the current PSF price at St Martin's?
Based on the last 12 months of transactions, the average PSF at St Martin's is approximately S$2,474. With only 5 recorded sales in total, individual transaction prices can vary significantly; buyers should treat each unit as a bespoke negotiation.
Is St Martin's a good en-bloc candidate?
With a 72/100 en-bloc potential score, St Martin's is a reasonable candidate. The small 16-unit count means only 13 of 16 owners need to consent for the 80% threshold to be reached — far easier than in larger developments. Freehold land at Napier MRT commands premium developer interest, but boutique freehold owners tend to set high reserve prices.
How does St Martin's compare to Leedon Green and Hyll on Holland?
St Martin's (S$2,474 psf, freehold, 16 units) offers a PSF discount versus Leedon Green (S$2,784 psf, freehold, 638 units) and Hyll on Holland (S$2,648 psf, freehold, 319 units). The trade-off is minimal facilities and an older building versus modern resort-style amenities. St Martin's MRT access now matches or exceeds both peers since Napier TEL station opened.
What renovation budget should buyers allow for St Martin's?
Given the 1986 vintage, buyers should budget S$80,000 to S$130,000 for a full kitchen and bathroom overhaul. A pre-purchase M&E inspection (electrical, plumbing, air-conditioning) is strongly recommended to identify any infrastructure work. Once renovated, the spacious floor plates provide a living standard that newer, more compact CCR units cannot match at equivalent outlay.