HomeBuyAll2RMD09 - Orchard / River Valley2 Bed Condo for Sale in Martin Modern

2 Bed Condo for Sale in Martin Modern

8 Martin Place 237992, Institution Hill, Central Region, Singapore

$2,450,000

Added 4 months ago
Beds: 2Baths: 2Area: 850 sqft
Above Market· 8.9% above market
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IMAGES GALLERY

Nearest MRT Station

Property Details

Property ID53bD3kCnxov7G9Vv54jNWH
PriceS$2,450,000
Property TypeCondo
StatusFor sale
Beds2
Baths2
Built Area850 sqft
PSF
S$2,882
Year Built2021
Furnished StatusUnknown

Description

Features & Amenities
Water feature
Tennis court
Pond
Lap pool
Outdoor dining
Bbq
Lounge
Security
Jacuzzi
Pool deck
Gym

Nearby Locations

The following locations are within radius of this property, with distance shown in kilometers.

Location

8 Martin Place 237992, Institution Hill, Central Region, Singapore

Loading map...

Mortgage Calculation

S$
20 yrs
410203035
75 %
1020406075
4 %
0.1123456

Mortgage calculation on 4% interest rate

S$ 0
Loan Amount (75%)
Downpayment (25%)
S$ 0
S$ 0
/month
Principal
S$ 0
Interest
S$ 0

Total Transactions

86

Average Price

S2.9M

Total Value

S251.5M

Sales Timeline

Home Report · AVM Fair Value

Automated Valuation based on 103 URA transactions · 1 outliers removed (IQR)

Fair Value

S$2.25M

S$2,648 psf

Asking Price

S$2.45M

S$2,882 psf

vs Market

+8.9%

Above Market

vs Last Done

+3.4%

Market Price

Tenure

94 yrs

99-year Leasehold · Balance remaining

Confidence

High

103 comps

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

Nearest MRT

Fort Canning

692m away · +1% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

103 comparable transactions

S$2,722

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×0.856

MRT Proximity

Within 500m / 1km

+1%

AI Condition Premium

HELIOS scan of listing description

0%

Adjusted Fair Value PSF

S$2,648

Recent Comparable Transactions

10 shown · 103 total
Last Done

MARTIN PLACE

Aug 2025 · Floor 11-15

S$2,787 psf

+5.2% vs FV

1,087 sqftS$3,030,00099 yrs lease commencing from 2016

MARTIN PLACE

Aug 2025 · Floor 11-15

S$2,787 psf

+5.2% vs FV

1,087 sqftS$3,030,00099 yrs lease commencing from 2016

MARTIN PLACE

Aug 2025 · Floor 26-30

S$2,995 psf

+13.1% vs FV

1,012 sqftS$3,030,00099 yrs lease commencing from 2016

MARTIN PLACE

Jul 2025 · Floor 01-05

S$2,617 psf

-1.2% vs FV

764 sqftS$2,000,00099 yrs lease commencing from 2016

MARTIN PLACE

Jun 2025 · Floor 16-20

S$2,815 psf

+6.3% vs FV

1,421 sqftS$4,000,00099 yrs lease commencing from 2016

MARTIN PLACE

Jun 2025 · Floor 26-30

S$2,759 psf

+4.2% vs FV

764 sqftS$2,108,88899 yrs lease commencing from 2016

MARTIN PLACE

May 2025 · Floor 01-05

S$2,649 psf

+0.0% vs FV

1,012 sqftS$2,680,00099 yrs lease commencing from 2016

MARTIN PLACE

May 2025 · Floor 06-10

S$2,591 psf

-2.2% vs FV

764 sqftS$1,980,00099 yrs lease commencing from 2016

MARTIN PLACE

Apr 2025 · Floor 06-10

S$2,667 psf

+0.7% vs FV

1,087 sqftS$2,900,00099 yrs lease commencing from 2016

MARTIN PLACE

Apr 2025 · Floor 06-10

S$2,552 psf

-3.6% vs FV

764 sqftS$1,950,00099 yrs lease commencing from 2016

MARTIN PLACE

Mar 2025 · Floor 01-05

S$2,764 psf

+4.4% vs FV

850 sqftS$2,350,00099 yrs lease commencing from 2016
Below Fair Value
Above Fair Value
FV: S$2,648 psf

HELIOS AI Analysis

Based on 103 URA transactions (1 outliers removed), adjusted for: Tenure decay (14.4% discount); MRT Fort Canning 692m 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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