Square Foot Research Singapore

Check out more Transaction Price, Rents, Trends and Analysis Data for MARTIN PLACE RESIDENCES on EdgeProp Singapore.
Salespersons can sign up for free!

MARTIN PLACE RESIDENCES

Configure Report

1. Time period:
2. Unit size: to
3. Storey: to For sales transactions only
4. Stacks (Separate by comma): For sales transactions only
5. Information to include: Unselect All
       
       
       
       
       
   
6. Hide unit numbers:
7. Anonymise listings:
1. Unit Search  Usage: '20-07', '20-' for storey 20, '-07' for stack 07
2. Nearby amenities 

Project Information

Project Name

MARTIN PLACE RESIDENCES

Street Name

Martin Place

Property Type

Condominium

Tenure

Freehold

District / Planning Area

D9 / River Valley

Completion

2011

Number of units

302 units

Indicative price range / Average*

S$ 2,260 - S$ 2,590 psf / S$ 2,497 psf

Indicative rental range / Average*

S$ 4.20 - S$ 9.09 psf pm / S$ 6.13 psf pm

Implied rental yield

2.94%

Historical high

S$ 2,613 psf in Oct 2021 for a 1,722-sqft unit

Indicative average price from historical high

-4.4%

Historical low

S$ 1,255 psf in Jun 2009 for a 1,722-sqft unit

Buyer profile by status#

Singaporean 64.5%, PR 13.9%, Foreigner 21.2%, Company 0.4%

Buyer profile by purchaser address#

HDB 18.8%, Private 81.3%

Note: *Based on contracts in the last 6 months. #Based on all available caveats, it does not represent the breakdown of current owners.

Location

Transaction Prices, Rents, Trends and Analysis

Please login or register with us to see the information here. Registration is free.

Nearby properties

Price Comparison (Up to 10)

Source: URA, https://www.squarefoot.com.sg

Rental Comparison (Up to 10)

Source: URA, https://www.squarefoot.com.sg

Price and rental comparisons (Up to 10)

Note: Excludes properties with no transactions in the past 6 months, except for Subject Property. *Prices and rentals are based on data in the past 6 months. If Subject Property does not have transactions during this period, data shown is from the 6-month period from last transaction date.
Source: https://www.squarefoot.com.sg
Marker Project Tenure Completion Distance
(m)
Lowest price*
(S$ psf)
Average price*
(S$ psf)
Highest price*
(S$ psf)
Lowest rental*
(S$ psf pm)
Average rental*
(S$ psf pm)
Highest rental*
(S$ psf pm)
Rental yield
(%)
MARTIN PLACE RESIDENCES Freehold 2011 - 2,260 2,497 2,590 4.20 6.20 9.09 3.0
STARLIGHT SUITES Freehold 2014 99 1,929 2,026 2,197 3.91 5.38 7.27 3.2
OLEANAS RESIDENCE Freehold 1999 121 1,939 2,049 2,157 3.04 3.92 5.81 2.3
MARTIN MODERN 99 yrs FROM 2016 2021 128 2,460 2,635 2,767 5.33 8.37 9.47 3.8
LANGSTON VILLE 999 Yrs FROM 1841 2000 133 1,805 1,853 1,901 2.84 4.20 6.84 2.7
THE IVERIA Freehold Uncompleted 135 2,551 2,613 2,682 - - - -
THE AVENIR Freehold Uncompleted 154 2,886 3,256 3,515 - - - -
WATERFORD RESIDENCE 999 yrs FROM 1841 2010 155 1,886 1,929 1,981 4.00 4.84 5.81 3.0
MARTIN NO 38 Freehold 2011 227 2,522 2,570 2,622 5.79 6.42 7.22 3.0
ASPEN HEIGHTS 999 yrs FROM 1841 1998 230 1,769 1,958 2,198 3.03 4.12 6.00 2.5

Location of nearby properties

Note: Excludes properties with no transactions in the past 6 months.
Source: https://www.squarefoot.com.sg

Nearby land sales / new launches

The developer's estimated breakeven is for subscribers only. Subscribe now to see every bit of information!
Status Street Name Location Land attributes Estimated Breakeven

Sold on 1 Jul 2016

Martin Place (Now known as Martin Modern)

Site use Residential
Tenure 99
Site area (sqm) 15,936.1
Site GFA (sqm) 44,622.0
Highest bid ($m) 595.1
Highest bid ($psf) 1,239.0
Number of bids 13
Land ($m) XX
Construction ($m) XX
Land Financing ($m) XX
Professional / Legal / Taxes ($m) XX
Marketing / Others ($m) XX
Est. Total Cost ($m) XX
Est. Breakeven ($psf ppr) XX

Sold on 22 May 2018

Landmark Tower (En Bloc) (Now known as The Landmark)

Site use Residential
Tenure 99
Site area (sqm) 5,650.5
Site GFA (sqm) 22,680.9
Highest bid ($m) 343.0
Highest bid ($psf) 1,406.0
Number of bids
Land ($m) XX
Construction ($m) XX
Land Financing ($m) XX
Professional / Legal / Taxes ($m) XX
Marketing / Others ($m) XX
Est. Total Cost ($m) XX
Est. Breakeven ($psf ppr) XX

Sold on 24 Nov 2016

8 Hullet Road (Now known as 8 Hullet)

Site use Residential
Tenure 0
Site area (sqm) 997.1
Site GFA (sqm) 1,712.0
Highest bid ($m) 38.2
Highest bid ($psf) 2,073.0
Number of bids
Land ($m) XX
Construction ($m) XX
Land Financing ($m) XX
Professional / Legal / Taxes ($m) XX
Marketing / Others ($m) XX
Est. Total Cost ($m) XX
Est. Breakeven ($psf ppr) XX

Sold on 19 Mar 2018

Pacific Mansion, River Valley Close (En bloc) (Now known as The Avenir)

Site use Residential
Tenure 0
Site area (sqm) 11,924.3
Site GFA (sqm) 50,404.0
Highest bid ($m) 980.0
Highest bid ($psf) 1,806.0
Number of bids
Land ($m) XX
Construction ($m) XX
Land Financing ($m) XX
Professional / Legal / Taxes ($m) XX
Marketing / Others ($m) XX
Est. Total Cost ($m) XX
Est. Breakeven ($psf ppr) XX

Disclaimer

This report provides information as reference resource for your personal consumption only. It is not intended to be and does not constitute financial advice, investment advice or any other advice. This report has been generated without regard to the individual financial circumstances, needs or objectives of persons who view it. Users should not rely on any of the information herein as authoritative or substitute for the exercise of their own skill and judgment in making any investment or other decision. By the use of our services, you agree that any and all use of this report which you make, is solely at your own risk and without any recourse whatsoever to Square Foot Research Pte. Ltd., its related and affiliate companies and/or their employees. Square Foot Research Pte. Ltd. makes reasonable effort to use reliable and comprehensive information to generate this report, but we make no representation that it is accurate or complete.

CONTACT US

For enquiries and support, contact us at
+65 - 6970 7793
Monday to Friday, 9.00AM to 5:30PM (Excluding public holidays)