HomeRentApartment Whole Unit2RMD09 - Orchard / River ValleyMartin No 382 Bed Apartment (Condo) for Rent in Martin No 38

2 Bed Apartment (Condo) for Rent in Martin No 38

38 Martin Road 239059, Institution Hill, Central Region, Singapore

$8,988 /month

Added 7 months ago
Beds: 2Baths: 2Area: 1130 sqft
Market Price· Fairly priced
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IMAGES GALLERY

Nearest MRT Station

Property Details

Property IDoELZ2fm3CTTXJr85ZkctKo
PriceS$8,988
StatusFor rent
Beds2
Baths2
Built Area1130 sqft
PSF
S$8
Year Built2012
Furnished StatusUnknown

Description

Development Information

District & Area

D09 - River Valley

Nearest MRT

Great World MRT · 7 min walk

Tenure

Freehold

TOP Date

1 January 2012

Project Size

Small (91 units)

91 units

Building Structure

1 Block

Developer

Sc Global Developments Ltd

Unit Configuration
Bedroom TypesNot available Bedroom
Development Facilities
GymLap PoolParkingSecurity
About This Development

Martin No 38 is a freehold Condo Apartment located in River Valley, District 9. Completed in 2012, it has a total of 1 blocks within the development and comprises a total of 91 units. It is within walking distance to MRT stations such as Great World MRT and Havelock MRT, which provide residents easy access to other areas of Singapore. For young couples or families with children, Martin No 38 is also close to schools like River Valley Primary School, River Valley Primary School and ATennisUP(Professionals). If you're wondering about what you can do around the area, residents can head to nearby supermarkets like CS Fresh and I-Tec Supermart Pte Ltd for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as Dental Clinic. Post box is the nearest post office where you can get your postal services done. For your leisure and entertainment, head down to the local park - park, to enjoy some fresh air.

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Features & Amenities
Security
Lap pool
Parking
Gym

Location

38 Martin Road 239059, Institution Hill, Central Region, Singapore

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Total Transactions

32

Average Price

S3.6M

Total Value

S114.4M

Sales Timeline

Property Value Estimate

Estimated sale value based on 24 URA transactions · 2 outliers removed (IQR)

Fair Value

S$2.97M

S$2,624 psf

Asking Price

S$8,988

S$8 psf

Listing Type

Rental

Sale value shown for reference

vs Last Done

Not applicable

Cannot compare rent to sale psf

Tenure

Freehold

No lease decay

Confidence

High

24 comps

High = 10+ comps
Medium = 5–9 comps
Low = <5 comps

Nearest MRT

Fort Canning

672m away · +1% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

24 comparable transactions

S$2,598

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×1.000

MRT Proximity

Within 500m / 1km

+1%

AI Condition Premium

HELIOS scan of listing description

0%

Adjusted Fair Value PSF

S$2,624

Recent Comparable Transactions

10 shown · 24 total
Last Done

MARTIN ROAD

Jun 2025 · Floor 06-10

S$2,660 psf

+1.4% vs FV

1,335 sqftS$3,550,000Freehold

MARTIN ROAD

Jun 2025 · Floor 06-10

S$2,660 psf

+1.4% vs FV

1,335 sqftS$3,550,000Freehold

MARTIN ROAD

Jun 2025 · Floor 06-10

S$2,678 psf

+2.1% vs FV

1,335 sqftS$3,575,000Freehold

MARTIN ROAD

May 2025 · Floor 06-10

S$2,534 psf

-3.4% vs FV

969 sqftS$2,455,000Freehold

MARTIN ROAD

Apr 2025 · Floor 06-10

S$2,682 psf

+2.2% vs FV

1,335 sqftS$3,580,000Freehold

MARTIN ROAD

Apr 2025 · Floor 01-05

S$2,508 psf

-4.4% vs FV

969 sqftS$2,430,000Freehold

MARTIN ROAD

Mar 2025 · Floor 11-15

S$2,752 psf

+4.9% vs FV

1,130 sqftS$3,110,000Freehold

MARTIN ROAD

Jan 2025 · Floor 06-10

S$2,477 psf

-5.6% vs FV

1,130 sqftS$2,800,000Freehold

MARTIN ROAD

Nov 2024 · Floor 01-05

S$2,776 psf

+5.8% vs FV

1,130 sqftS$3,138,000Freehold

MARTIN ROAD

Oct 2024 · Floor 11-15

S$2,827 psf

+7.7% vs FV

1,485 sqftS$4,200,000Freehold

MARTIN ROAD

Aug 2024 · Floor 01-05

S$2,581 psf

-1.6% vs FV

969 sqftS$2,500,000Freehold
Below Fair Value
Above Fair Value
FV: S$2,624 psf

HELIOS AI Analysis

Based on 24 URA transactions (2 outliers removed), adjusted for: MRT Fort Canning 672m away (+1%)

⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.

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