Rent vs D15 -39.6%
Rents below district median
38 I Suites's latest 12-month median rent is $2,900 compared with the D15 median of $4,800 for the same period. Use this district check before narrowing by bedroom and area band.
38 I Suites rent and sale price
D15 / Katong, Joo Chiat, Amber Road
Address 38 Ipoh Lane 38 I Suites Singapore 438646
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Quick summary about 38 I Suites
38 I Suites is a freehold apartment in D15 / Katong, Joo Chiat, Amber Road. The page currently tracks 281 rentals and 40 sales.
- Latest 12M median rent is $2,900 per month from 48 rentals. The bedroom and floor-area tables below show the full loaded history.
- Latest 12M median sale price is $1,000,000, with median sale PSF at $1,763 psf from 2 sales.
- Rent is up 8.6% over the last 3 months. Sale PSF is down 1.2% over the last 3 months.
38 I Suites Market Brief
Compare the project with D15 across rent, sale PSF, tenure and transaction activity.
Compared with D15
Sale PSF vs D15 -23.4%
Sale PSF below district median
38 I Suites's latest 12-month median sale PSF is $1,763 psf versus the D15 median of $2,303 psf for the same period. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 3.48%
Rent support above district screen
Gross yield is roughly 3.48% versus a D15 screen of 2.10%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 18.1% spread
Rent has some movement
Recent rents moved enough that bedroom count, area band and latest contracts matter.
Market activity +31.8%
Activity is rising
29 recent transactions versus 22 in the prior 6-month view.
Tenure lens Freehold
Freehold comparison needed
Freehold matters most on sale price. Compare 38 I Suites against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Before you decide
Latest 12M median rent $2,900
Is the asking rent fair?
$2,750 to $3,050 is the first fair-rent band to check. Above $3,050 should have a visible reason.
Latest 12M median sale PSF $1,763 psf
Is the purchase price fair?
$970,000 to $1,030,000 and $1,710 to $1,820 psf are the first sale checks before adjusting for floor, size, view and condition.
2 bed rent $2,950
Are similar units renting for more?
2 bed and 500 to 600 sqft give the closest unit-size checks.
Rent stability 18.1% spread
Is rent stable here?
Rent has some movement. Recent rents moved enough that bedroom count, area band and latest contracts matter.
Transaction volume +31.8%
Is activity rising?
Activity is rising. 29 recent transactions versus 22 in the prior 6-month view.
38 I Suites Project Facts
Project-level details from URA records and local enrichment.
Tenure Freehold
Property type Apartment, Non-Landed Properties
Sales 40 resale transactions
Total sold value $41.2M
38 I Suites Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 281 Jun 2021 to Jun 2026
Sale transactions 40 Jul 2021 to Apr 2026
Rent trend 8.6% Last 3 months
Sale PSF trend -1.2% Last 3 months
38 I Suites Location
Nearest transport, schools and daily conveniences around the project.
Project MRT School Amenities
Nearby
Approximate distance from the project. Walking, driving and transit routes may differ.
Closest MRT
PAYA LEBAR MRT STATION (CC9) 0.76 km away
PAYA LEBAR MRT STATION (EW8) 0.8 km away
DAKOTA MRT STATION 0.86 km away
Schools nearby
TANJONG KATONG SECONDARY SCHOOL 0.34 km away
EIS INTERNATIONAL PRE-SCHOOL (BRANCH 1) 0.62 km away
TANJONG KATONG PRIMARY SCHOOL 0.83 km away
CANADIAN INTERNATIONAL SCHOOL (TANJONG KATONG CAMPUS) 0.92 km away
Amenities
51 OLD AIRPORT ROAD FOOD CENTRE AND SHOPPING MALL Mall / retail · 1.23 km away
GEYLANG PARK CONNECTOR Park / green link · 0.81 km away
MARKET & HAWKER CENTRE (BLKS 13/14 HAIG ROAD) Food centre · 0.39 km away
38 I Suites Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $3,150 70 rentals in view
Latest median sale PSF $1,728 psf 6 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Jun 2026 5 $3,150 0 - -
May 2026 5 $3,300 0 - -
Apr 2026 1 $3,000 1 $1,728 psf $800,000
Mar 2026 4 $2,900 0 - -
Feb 2026 5 $2,900 0 - -
Jan 2026 8 $2,850 0 - -
Dec 2025 3 $2,850 0 - -
Nov 2025 3 $2,900 0 - -
Oct 2025 2 $3,100 0 - -
Sept 2025 3 $3,250 1 $1,798 psf $1,200,000
Aug 2025 4 $2,775 1 $993 psf $1,080,000
Jul 2025 5 $2,850 0 - -
Projects Similar to 38 I Suites
Same district, ranked by similar rent, sale PSF and transaction depth.
Freehold Sycamore Tree 0.9 km away 233 transactions
- Median rent
- $3,100
- Median sale PSF
- $1,880 psf
- Median rent
- $2,800
- Median sale PSF
- $1,734 psf
- Median rent
- $2,700
- Median sale PSF
- $1,495 psf
- Median rent
- $2,550
- Median sale PSF
- $1,639 psf
- Median rent
- $2,900
- Median sale PSF
- $1,605 psf
- Median rent
- $2,550
- Median sale PSF
- $1,515 psf
38 I Suites Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
1 bed $2,700 $2,665 112
2 bed $2,950 $2,917 169
38 I Suites Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
400 to 500 sqft $2,700 $2,620 76
500 to 600 sqft $2,800 $2,672 104
600 to 700 sqft $3,175 $3,055 82
1,000 to 1,100 sqft $3,250 $3,183 15
1,200 to 1,300 sqft $4,000 $4,050 4
38 I Suites Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
06 to 10 $882,500 $1,704 psf 14
11 to 15 $910,000 $1,755 psf 19
16 to 20 $1,300,000 $1,052 psf 7
38 I Suites Latest Transactions
Most recent URA rentals and sales for this project.
Rentals
Sales
How to use this data
Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.
Rent negotiation
If you are renting
38 I Suites shows a latest 12-month median monthly rent of $2,900 across 48 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Latest 12M median rent $2,900
Rentals in period 48
Rent signal Strong
- If the asking rent is above the median, look for a clear reason such as larger size, newer condition, furnishings or a better stack.
- If it is below the median, check whether the unit is smaller, older, lower floor or has a shorter lease term.
Offer check
If you are buying
Latest 12M sales at 38 I Suites show a median price of $1,000,000 and $1,763 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Latest 12M median sale $1,000,000
Latest 12M median PSF $1,763 psf
Sale signal Strong
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- Freehold should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position
If you are selling
For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. 38 I Suites has 40 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Strong
Total sold value $41.2M
Latest record Jun 2026
- Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
- If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.
Run 38 I Suites numbers
Start with the project benchmarks, then adjust the calculator assumptions for the unit you are considering.
Rental yield $2,900/mo Test gross and net yield against typical rent. Buy vs rent $1.0M Compare ownership cost against renting. Mortgage $1.0M Estimate monthly payment from the sale price. Stamp duty $1,763 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
District context
Use D15 to compare 38 I Suites against the wider area.
About this data
How to read the rental and sale figures on this page.
Rental figures come from URA private residential rent data. Rent is shown as monthly rent.
Sale figures come from private residential sale data. PSF and total selling value are shown where the needed fields are available.
Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.
Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.
38 I Suites FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at 38 I Suites?
38 I Suites has a latest 12-month median monthly rent of $2,900 across 48 rentals in that period.
What is the typical sale price at 38 I Suites?
The latest 12-month median sale price for 38 I Suites is $1,000,000, based on 2 sales in that period.
What is the median sale PSF at 38 I Suites?
The latest 12-month median sale price per square foot for 38 I Suites is $1,763 psf. The average for the same period is $1,763 psf.
Is 38 I Suites freehold or leasehold?
38 I Suites is listed as Freehold. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is 38 I Suites located?
38 I Suites is located at 38 Ipoh Lane 38 I Suites Singapore 438646 in D15 / Katong, Joo Chiat, Amber Road.
How current is the 38 I Suites transaction data?
The project page uses the latest records currently loaded on PropertySmartSG. Treat it as research evidence and check the latest transaction rows before using it for pricing.