38 Martin Road 239059, Institution Hill, Central Region, Singapore
$8,600 /month
New rent listing at Martin No 38. Quiet pleasant views. Sylish modern condition. Beautifully renovated kitchen Be awed and inspired by the exquisite craftsmanship of this unique luxury apartment that is inspired by the warehouse lofts of New York. Spacious 1130 Sqft. Two good size bedrooms and two bathrooms. Both bedrooms can fit king size bed. Flexibility to open up one bedroom to blend in seamlessly with the living room with the stylish sliding timber door. Good usable balcony space that spans from the living room to master bedroom, bringing the outdoor to the indoor. Developed by renowned luxury developer SC Global and designed by Kerry Hill Architects, Martin No 38 continues to be the highly coveted talk of the town development. Its urban resort style facilities include onsite concierge service, 30 m lap pool, 24 hour security & a professionally managed gym. Contact Ella Chang at +65-9780XXXX.
D09 - River Valley
Great World MRT · 7 min walk
1 January 2012
Small (91 units)
91 units
1 Block
Sc Global Developments Ltd
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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Total Transactions
32
Average Price
S3.6M
Total Value
S114.4M
Calculating fair value from URA transaction data…


License: L3008022J
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Estimated sale value based on 27 URA transactions · 2 outliers removed (IQR)
Fair Value
S$3.02M
S$2,670 psf
Asking Price
S$8,600
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
27 comps
Nearest MRT
Fort Canning
672m away · +1% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
27 comparable transactions
S$2,592
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
+2%
Adjusted Fair Value PSF
S$2,670
Recent Comparable Transactions
10 shown · 27 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJun 2025 | MARTIN ROAD Floor 06-10 | 1,335sqft | S$3,550,000 | ▼S$2,660 -0.4% vs FV | Freehold |
Jun 2025 | MARTIN ROAD Floor 06-10 | 1,335sqft | S$3,550,000 | ▼S$2,660 -0.4% vs FV | Freehold |
Jun 2025 | MARTIN ROAD Floor 06-10 | 1,335sqft | S$3,575,000 | ▲S$2,678 +0.3% vs FV | Freehold |
May 2025 | MARTIN ROAD Floor 06-10 | 969sqft | S$2,455,000 | ▼S$2,534 -5.1% vs FV | Freehold |
Apr 2025 | MARTIN ROAD Floor 06-10 | 1,335sqft | S$3,580,000 | ▲S$2,682 +0.4% vs FV | Freehold |
Apr 2025 | MARTIN ROAD Floor 01-05 | 969sqft | S$2,430,000 | ▼S$2,508 -6.1% vs FV | Freehold |
Mar 2025 | MARTIN ROAD Floor 11-15 | 1,130sqft | S$3,110,000 | ▲S$2,752 +3.1% vs FV | Freehold |
Jan 2025 | MARTIN ROAD Floor 06-10 | 1,130sqft | S$2,800,000 | ▼S$2,477 -7.2% vs FV | Freehold |
Nov 2024 | MARTIN ROAD Floor 01-05 | 1,130sqft | S$3,138,000 | ▲S$2,776 +4.0% vs FV | Freehold |
Oct 2024 | MARTIN ROAD Floor 11-15 | 1,485sqft | S$4,200,000 | ▲S$2,827 +5.9% vs FV | Freehold |
Aug 2024 | MARTIN ROAD Floor 01-05 | 969sqft | S$2,500,000 | ▼S$2,581 -3.3% vs FV | Freehold |
MARTIN ROAD
Jun 2025 · Floor 06-10
-0.4% vs FV
MARTIN ROAD
Jun 2025 · Floor 06-10
-0.4% vs FV
MARTIN ROAD
Jun 2025 · Floor 06-10
+0.3% vs FV
MARTIN ROAD
May 2025 · Floor 06-10
-5.1% vs FV
MARTIN ROAD
Apr 2025 · Floor 06-10
+0.4% vs FV
MARTIN ROAD
Apr 2025 · Floor 01-05
-6.1% vs FV
MARTIN ROAD
Mar 2025 · Floor 11-15
+3.1% vs FV
MARTIN ROAD
Jan 2025 · Floor 06-10
-7.2% vs FV
MARTIN ROAD
Nov 2024 · Floor 01-05
+4.0% vs FV
MARTIN ROAD
Oct 2024 · Floor 11-15
+5.9% vs FV
MARTIN ROAD
Aug 2024 · Floor 01-05
-3.3% vs FV
HELIOS AI-Detected Boosters
HELIOS AI Analysis
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.