Carpmael Thirty-Eight rent and sale price
D15 / Katong, Joo Chiat, Amber Road
Address 38 Carpmael Road Carpmael Thirty-Eight Singapore 429781
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Apartment, Non-Landed Properties 14 transactions Freehold Latest records Jun 2026
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Project read
Quick summary about Carpmael Thirty-Eight
Carpmael Thirty-Eight is a freehold apartment in D15 / Katong, Joo Chiat, Amber Road. The page currently tracks 11 rentals and 3 sales.
- Typical rent is $5,200 per month, with bedroom and floor-area splits below for a closer unit-level view.
- Typical sale price is $2,222,000, with median sale PSF at $1,811 psf and total recorded sale value of $6.7M.
- Rent is down 5.5% over the last 3 months. Sale PSF is flat over the last 3 months.
Carpmael Thirty-Eight Market Position
How this project compares with the wider D15 market before you read the detailed tables.
Rent vs D15 +18.2%
Rents above district median
Carpmael Thirty-Eight's median rent is $5,200 compared with the D15 median of $4,400. Use this as the district-level check before narrowing by bedroom and area band.
Sale PSF vs D15 -16.8%
Sale PSF below district median
Carpmael Thirty-Eight's median sale PSF is $1,811 psf versus the D15 median of $2,176 psf. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 2.81%
Rent support above district screen
Gross yield is roughly 2.81% versus a D15 screen of 2.36%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 61.5% spread
Rent is uneven
Recent median rents vary a lot, usually because unit mix differs month to month.
Market activity +0.0%
Activity is steady
Recent transaction volume is close to the prior 6-month view.
Tenure lens Freehold
Freehold comparison needed
Freehold matters most on sale price. Compare Carpmael Thirty-Eight against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Carpmael Thirty-Eight Decision Snapshot
Fast checks for rent fairness, purchase pricing, stable rent and transaction activity before you dig into the tables.
Median rent $5,200
Is the asking rent fair?
$4,950 to $5,450 is the first fair-rent band to check. Above $5,450 should have a visible reason.
Median sale PSF $1,811 psf
Is the purchase price fair?
$2,160,000 to $2,290,000 and $1,760 to $1,870 psf are the first sale checks before adjusting for floor, size, view and condition.
3 bed rent $5,200
Are similar units renting for more?
3 bed and 1,000 to 1,100 sqft give the closest unit-size checks.
Rent stability 61.5% spread
Is rent stable here?
Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.
Transaction volume +0.0%
Is activity rising?
Activity is steady. Recent transaction volume is close to the prior 6-month view.
Run Carpmael Thirty-Eight numbers
Use the typical rent and sale price from this project page as a starting point, then adjust the calculator assumptions.
Rental yield $5,200/mo Test gross and net yield against typical rent. Buy vs rent $2.2M Compare ownership cost against renting. Mortgage $2.2M Estimate monthly payment from the sale price. Stamp duty $1,811 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
Carpmael Thirty-Eight Project Facts
Project-level details from URA records and local enrichment.
Tenure Freehold
Property type Apartment, Non-Landed Properties
Sales 3 resale transactions
Total sold value $6.7M
Carpmael Thirty-Eight Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 11 Nov 2021 to Mar 2026
Sale transactions 3 Apr 2022 to Dec 2025
Rent trend -5.5% Last 3 months
Sale PSF trend 0.0% Last 3 months
Carpmael Thirty-Eight 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 (EW8) 0.76 km away
PAYA LEBAR MRT STATION (CC9) 0.77 km away
EUNOS MRT STATION (EW7) 0.95 km away
Schools nearby
TANJONG KATONG SECONDARY SCHOOL 0.5 km away
EIS INTERNATIONAL PRE-SCHOOL (BRANCH 1) 0.7 km away
TANJONG KATONG PRIMARY SCHOOL 0.92 km away
CANADIAN INTERNATIONAL SCHOOL (TANJONG KATONG CAMPUS) 1.08 km away
Amenities
51 OLD AIRPORT ROAD FOOD CENTRE AND SHOPPING MALL Mall / retail · 1.44 km away
SHENG SIONG HOUGANG RIVERCOURT Daily needs · 5.58 km away
SIMS AVENUE PARK CONNECTOR Park / green link · 0.91 km away
MARKET & HAWKER CENTRE (BLKS 13/14 HAIG ROAD) Food centre · 0.33 km away
Carpmael Thirty-Eight Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $6,500 11 rentals in view
Latest median sale PSF $1,811 psf 3 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Mar 2026 1 $6,500 0 - -
Dec 2025 0 - 1 $1,811 psf $2,300,000
Jan 2025 1 $5,200 0 - -
Nov 2024 1 $5,150 0 - -
Oct 2024 0 - 1 $1,858 psf $2,180,000
Sept 2024 1 $3,300 0 - -
Mar 2023 1 $5,500 0 - -
Feb 2023 1 $5,500 0 - -
Jan 2023 1 $5,400 0 - -
Dec 2022 1 $5,200 0 - -
Sept 2022 1 $3,500 0 - -
Jul 2022 1 $5,000 0 - -
Projects Similar to Carpmael Thirty-Eight
Same district, ranked by similar rent, sale PSF and transaction depth.
Freehold The Makena 1.8 km away 730 transactions
- Median rent
- $5,300
- Median sale PSF
- $1,858 psf
- Median rent
- $5,200
- Median sale PSF
- $1,714 psf
- Median rent
- $4,850
- Median sale PSF
- $1,810 psf
- Median rent
- $5,200
- Median sale PSF
- $1,902 psf
- Median rent
- $5,250
- Median sale PSF
- $1,824 psf
- Median rent
- $4,900
- Median sale PSF
- $1,851 psf
Carpmael Thirty-Eight Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
2 bed $3,400 $3,400 2
3 bed $5,200 $5,156 8
4 bed $6,500 $6,500 1
Carpmael Thirty-Eight Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
700 to 800 sqft $3,400 $3,400 2
1,000 to 1,100 sqft $5,200 $5,210 5
1,100 to 1,200 sqft $4,850 $4,850 2
1,200 to 1,300 sqft $6,000 $6,000 2
Carpmael Thirty-Eight Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $2,222,000 $1,811 psf 3
Carpmael Thirty-Eight 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
Carpmael Thirty-Eight shows a typical monthly rent of $5,200 across 11 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Median rent $5,200
Rentals 11
Rent signal Thin
- 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
Recent sales at Carpmael Thirty-Eight point to a typical sale price of $2,222,000 and $1,811 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $2,222,000
Median PSF $1,811 psf
Sale signal Thin
- 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. Carpmael Thirty-Eight has 3 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Thin
Total sold value $6.7M
Latest record Mar 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.
District context
Use D15 to compare Carpmael Thirty-Eight 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.
Carpmael Thirty-Eight FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Carpmael Thirty-Eight?
Carpmael Thirty-Eight has a median monthly rent of $5,200 across 11 rentals.
What is the typical sale price at Carpmael Thirty-Eight?
The median sale price for Carpmael Thirty-Eight is $2,222,000, based on 3 sales on this page.
What is the median sale PSF at Carpmael Thirty-Eight?
The median sale price per square foot for Carpmael Thirty-Eight is $1,811 psf. The average sale PSF is $1,811 psf.
Is Carpmael Thirty-Eight freehold or leasehold?
Carpmael Thirty-Eight is listed as Freehold. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Carpmael Thirty-Eight located?
Carpmael Thirty-Eight is located at 38 Carpmael Road Carpmael Thirty-Eight Singapore 429781 in D15 / Katong, Joo Chiat, Amber Road.
How current is the Carpmael Thirty-Eight 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.