Martin Place Residences

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

  4
 1
 0

Sale Price *

Average
S$ 2,594 psf
Range
S$ 2,378 - 2,775 psf

Rental Price **

Average
S$ 6.5 psf pm
Range
S$ 5.1 - 8.6 psf pm

Rental Yield **

3.0%

Rental income expressed as a percentage of the property's value.

Amenities

3.4
3.4

Convenience

4.2
4.2

Connectivity

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
0 Facilities Available
Description
Martin Place Residences is a freehold condominium completed in 2011. It is developed by FCL LAND PTE LTD. The development occupies a land area of 12,958 sqm and a Gross Floor Area of 35,695 sqm. It consists of 302 units. According to records, buyers of this development are Singaporean 64.7%, PR 14.4%, Foreigner 20.5%, Company 0.4%.

MARTIN PLACE RESIDENCES is located along Martin Place in River Valley, in District 9. It is accessible through the nearest MRTs including Great World TE15 and Somerset NS23.

Based on transaction data in the last 12 months, sale prices range from S$ 2,378 psf to S$ 2,775 psf at an average of S$ 2,594 psf. Its highest recorded transaction was S$ 2,775 psf in Apr 2024 for a 1,722-sqft unit. Its lowest recorded transaction was S$ 1,255 psf in Jun 2009 for a 1,722-sqft unit. Its current rental yield is at 3.0%. Other nearby amenities include: 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, and 3 Shopping Mall(s): New Bahru, 111 Somerset, Great World .

Buyers and tenants are attracted to District 9, which includes Orchard Road, River Valley and Cairnhill. This district is part of Singapore’s Central Business District and has become a must-visit spot for Singapore tourists. Spanning almost 2.2km, Orchard Road represents one of Singapore’s best retail, dining and entertainment boulevards, catering to any taste or budget and ranging from luxury brands to high street fashion. District 9 has a huge selection of exclusive cosmopolitan bistros and on the other end of the scale, a number of popular international fast food restaurants. Fronting Orchard Road, ION Orchard Mall is home to designer brands, as well as Sephora’s largest store in the area. Another major shopping mall in this district is Great World, which caters to locals, with a Cold Storage supermarket, Best Denki electrical store, and Golden Village Cinema. Cairnhill is home to the first freehold Ritz-Carlton property in Asia - the Ritz-Carlton Residence. This property sets a new standard of luxury living in Singapore as these homes feature magnificent finishings, excellent facilities and exemplary services from the legendary The Ritz-Carlton.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
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What they say
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Write a review
5
"Quiet condo near town very convenient to walk to 3 MRTs"
A***** X
Tenant     |   11 Mar 2023
4.4
"One of the few full facilities condo in River Valley"
c*********l@hotmail.com
Owner     |   25 Feb 2017
3.6
"Nice location, close to many restaurants, pubs at Marin Place & Robertson"
b********c@gmail.com
Viewer     |   07 Feb 2017
3.8
"Close to nearby local hotspots. Big compound with sufficient space for amenities"
k**i@gmail.com
Viewer     |   29 Nov 2016
3
"Great amenities, the pool alone is worth 5 stars. But not great for people with dogs. If your dog has a little accident on the grass, for emergency peeing, that'll cost $107. A little too steep and not dog friendly."
O***** L**
Google Review     |   03 Jul 2022
3
"Naggy security"
C****
Google Review     |   21 Aug 2021
5
"Quality condominium in the heart of River Valley."
A 3
Google Review     |   25 Jul 2021
5
"Rare spacious apartments with large swimming pool & tennis court compare to the many surrounding development of similar age. Good size enclosed kitchen with yard area for the 3 and 4 bedroom. Open concept kitchen for the 1 and 2 bedrooms. Suitable for family with children. A favourite with the expatriates. Tip: If you are keen to buy the 3 and 4 bedrooms, better act fast as those are selling really quickly in the resale market."
K******* L** (**** E
Google Review     |   25 Jul 2021
5
"Nice but secluded"
S**** 1*
Google Review     |   23 Jan 2021
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

TransportTransport
SchoolSchool
Eat & ShopEat & Shop
OthersOthers
Floor Plans
2
2
3

MARTIN PLACE RESIDENCES - 2 - 2 - 3

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of MARTIN PLACE RESIDENCES

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Date
Area(sqft)
Bedrooms
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source

Asking Price of MARTIN PLACE RESIDENCES

Source: URA, https://www.edgeprop.sg

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
Agent NameAgent Mobile
Link
0 asking price for sale  selected

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No data
Rental Transactions of MARTIN PLACE RESIDENCES

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
Historical Quarterly Rental

Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
AVG Price* (S$ psf)
Max Price* (S$ psf)
Min Rental** (S$ psf pm)
AVG Rental** (S$ psf pm)
Max Rental** (S$ psf pm)
Rental Yield** (%)

Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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Listings

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thumb-images
10
$1,500,000
  • 35% Rental Volume

  • 1 bed
  • •
  • 1 bath
  • Condominium
  • D9
  • 2011
  • Freehold
  • S$ 2,530 psf
  • Martin Place
Han Kiat Lie
send_enquiry
thumb-images
9
$1,650,000
  • 35% Rental Volume

  • 1 bed
  • •
  • 1 bath
  • Condominium
  • D9
  • 2011
  • Freehold
  • S$ 2,790 psf
  • Martin Place
Douglas Goh
send_enquiry
thumb-images
9
$3,850,000
  • 35% Rental Volume

  • 3 beds
  • •
  • 2 baths
  • Condominium
  • D9
  • 2011
  • Freehold
  • S$ 2,710 psf
  • Martin Place
Shirley Seng
send_enquiry
thumb-images
9
$5,448,000
  • 35% Rental Volume

  • 4 beds
  • •
  • 4 baths
  • Condominium
  • D9
  • 2011
  • Freehold
  • S$ 2,720 psf
  • Martin Place
Colin Ng
send_enquiry
thumb-images
9
$1,590,000
  • 35% Rental Volume

  • 1 bed
  • •
  • 1 bath
  • Condominium
  • D9
  • 2011
  • Freehold
  • S$ 2,690 psf
  • Martin Place
Stephanie Tan
send_enquiry

View More
Property News

Unit at The Nassim reaps $2.6 mil profit

Property News

Unit at Riviera Residences reaps $1.08 mil profit

Property News

Martin Place Residences units sold at $1,985 to $2,059 psf

Property News

Martin Place residential site fetched $1,239 psf ppr

Property News

District 9’s extreme gains and losses

FAQs about MARTIN PLACE RESIDENCES

What is the nearest MRT Station to MARTIN PLACE RESIDENCES ?
The nearest MRT Station from MARTIN PLACE RESIDENCES is Great World TE15 MRT

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