Most Singapore homeowners would have heard the saying that property is a hedge against inflation. It sounds straightforward: when the cost of everything goes up, property prices should go up too. There is some truth to this, but the actual relationship is much more interesting. Inflation can support property values over the long term because […]
Property Project Intelligence
CARPMAEL THIRTY-EIGHT
CARPMAEL ROAD
760 mPAYA LEBAR MRT STATION
$2.19MMedian transacted price
2Transactions in latest 12 months
1,001–1,200 sqftMost popular unit size
CARPMAEL THIRTY-EIGHT Market Snapshot
▼ -10.0%
From 12-Month High
Peak: Dec 2025Based on latest 12 months
At Low
At 12-Month Low
Low: Jul 2026Based on latest 12 months
▲ +7.0%
Vs District Median PSF
Above District 15 medianBased on latest 12 months
▲ +4.4%
Vs RCR Median PSF
Above RCR medianBased on latest 12 months
12.5%
12M Turnover Rate
2 sales / 16 units
Latest 12-month sales
2
Up to latest imported transaction
Median transacted price
$2.19M
Latest 12 months
Median PSF
$1,867
Latest 12 months
Typical recorded price range
$2.12M – $2.25M
20th to 80th percentile
Latest transacted price
$2.07M
1,076 sqft · 1 Jul 2026
Historical transaction information is presented for market research and does not constitute a valuation or investment recommendation.
Data Source: Urban Redevelopment Authority (URA)•Data up to: October 2026•Last updated: 12 Oct 2026
CARPMAEL THIRTY-EIGHT Market Trends
Average Price & Transaction Trend
Monthly average transacted price and sales volume from the first available record since 2017.
Average PriceTransactions
Available history: Apr 2022 to Jul 2026
Data Source: Urban Redevelopment Authority (URA)•Data up to: October 2026•Last updated: 12 Oct 2026
Transaction Breakdown (Last 12 Months)
Based on completed transactions from Nov 2025 to Oct 2026.
Most popular unit size1,001–1,200 sqft
Median Sold Size1,173 sqft
Unit Size Distribution
Only size ranges with recorded transactions are shown.
Price Distribution
Recorded transactions grouped into price ranges.
Data Source: Urban Redevelopment Authority (URA)•Data up to: October 2026•Last updated: 12 Oct 2026
Recent Transactions by Unit Size
1001 – 1200 sqft Average Price Trend
1001 – 1200 sqft Transaction Volume
1001 – 1200 sqft Monthly Summary
| Month | Sales | Price (A) | Min | Max | PSF (A) |
|---|---|---|---|---|---|
| 2026-07 | 1 | $2.07M | $2.07M | $2.07M | $1,923 |
1001 – 1200 sqft Recent Transactions
| Date | Type | Level | Area | PSF | Price |
|---|---|---|---|---|---|
| 2026-07 | Apt | 01 to 05 | 1,076 sqft | $1,923 | $2.07M |
1201 – 1500 sqft Average Price Trend
1201 – 1500 sqft Transaction Volume
1201 – 1500 sqft Monthly Summary
| Month | Sales | Price (A) | Min | Max | PSF (A) |
|---|---|---|---|---|---|
| 2025-12 | 1 | $2.3M | $2.3M | $2.3M | $1,811 |
1201 – 1500 sqft Recent Transactions
| Date | Type | Level | Area | PSF | Price |
|---|---|---|---|---|---|
| 2025-12 | Apt | 01 to 05 | 1,270 sqft | $1,811 | $2.3M |
Data Source: Urban Redevelopment Authority (URA)•Data up to: October 2026•Last updated: 12 Oct 2026
CARPMAEL THIRTY-EIGHT Location & Nearby Amenities
Explore CARPMAEL THIRTY-EIGHT and nearby amenities. Distances shown are straight-line estimates from the property.
Master Plan 2025 (approved amendments incorporated)
Please click on the zoning type for a description of the use
Railway
Planning Area Boundary
Plot Ratio Boundary
Underground Road / Structure
Maximum Permissible Plot Ratio
Maximum Permissible White Quantum
Minimum Business (B) Plot Ratio
Conservation Area
Nature Reserve
National Park
Monument
CARPMAEL THIRTY-EIGHT Nearby Amenities
Closest amenities from CARPMAEL THIRTY-EIGHT. Distances are straight-line estimates.
MRT / LRT
- PAYA LEBAR MRT STATION760 mEW8East-West Line
- PAYA LEBAR MRT STATION780 mCC9Circle Line
- EUNOS MRT STATION940 mEW7East-West Line
Bus Interchanges
- Eunos Bus Interchange820 mEunos Rd 2
Shopping Malls
- Joo Chiat Complex310 mJoo Chiat Road
- Kinex370 mTanjong Katong Road
- City Plaza520 mGeylang Road
- Grandlink Square710 mGuillemard Road
Primary Schools
- HAIG GIRLS' SCHOOL560 mKOON SENG ROAD
- TANJONG KATONG PRIMARY SCHOOL920 mSERAYA ROAD
- KONG HWA SCHOOL1.1 kmGUILLEMARD ROAD
- GEYLANG METHODIST SCHOOL (PRIMARY)1.6 kmGEYLANG EAST CENTRAL
- CHIJ (KATONG) PRIMARY1.6 kmMARTIA ROAD
Secondary Schools
- TANJONG KATONG SECONDARY SCHOOL500 mHAIG ROAD
- TANJONG KATONG GIRLS' SCHOOL650 mDUNMAN LANE
- CHUNG CHENG HIGH SCHOOL (MAIN)1.1 kmGOODMAN ROAD
- BROADRICK SECONDARY SCHOOL1.4 kmDAKOTA CRESCENT
Post-Secondary
- DUNMAN HIGH SCHOOL2.3 kmTANJONG RHU ROAD
- VICTORIA JUNIOR COLLEGE2.6 kmMARINE VISTA
- TEMASEK JUNIOR COLLEGE4.2 kmBEDOK SOUTH ROAD
MOE Kindergartens
- MOE KINDERGARTEN @ TANJONG KATONG920 mSERAYA ROAD
Childcare Centres
- The Kids' Inn Joo Chiat Pte Ltd150 mJOO CHIAT ROAD
- MY FIRST SKOOL210 mHAIG ROAD
- MindChamps PreSchool @ East Coast380 mTANJONG KATONG ROAD
- MY FIRST SKOOL380 mENGKU AMAN TURN
Kindergartens
- Children's Vineyard Kindergarten630 mJOO CHIAT LANE
- Pink Tower Montessori Pte Ltd1.1 kmTEMBELING ROAD
- Seeds D' Learning House1.1 kmTEMBELING ROAD
- Dreamkids Kindergarten @ East Gate Pte Ltd1.2 kmLORONG STANGEE
Hawker Centres
- Haig Road Blk 13/14 (Haig Road Market and Cooked Food Centre)330 mHaig Road
- Geylang Serai Market400 mGeylang Serai
- Dunman Food Centre610 mOnan Road
Supermarkets
- 81 Wholesalers & Trading170 mJoo Chiat Road
- Gateway Minimart & Trading180 mJoo Chiat Road
- Al Barakah220 mJoo Chiat Road
- Bes Price Minimart260 mJoo Chiat Road
Hospitals
- PARKWAY EAST HOSPITAL1.2 kmJoo Chiat Place
- RAFFLES HOSPITAL4.7 kmNORTH BRIDGE ROAD
Polyclinics
- Eunos Polyclinic1.0 km
- Geylang Polyclinic1.4 kmGeylang East Central
- Marine Parade Polyclinic1.6 kmMarine Parade Central
Parks
- CARPMAEL PARK220 m
- HAIG WALK EXTENSION290 m
- CEYLON ROAD INTERIM PARK430 m
Libraries
- Geylang East Library1.4 kmGeylang East Avenue 1
- Marine Parade Library1.6 kmMarine Parade Road
Community Clubs
- Geylang Serai CC390 mEngku Aman Turn
- Kampong Ubi CC610 mJalan Ubi
Sport Facilities
- Geylang East Swimming Complex1.4 kmAljunied Avenue 1
- Katong Swimming Complex1.8 kmWilkinson Road
- Kallang Sport Centre2.3 kmStadium Boulevard
Featured Listings
Properties currently available through Homy, with priority given to listings in CARPMAEL THIRTY-EIGHT.
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For Sale 1 / 16 Condo D27
Skies Miltonia, New 3-Storey Penthouses for Sale
$2,600,000
MILTONIA CLOSE99 YearsBuilt 2016
- 3 Bed
- 4 Bath
- 2,562 ft²
- $1,015 psf
For Sale 1 / 21 Condo D6
EDEN RESIDENCES CAPITOL – Luxury 3 Bedroom Developer sale
$11,980,000
STAMFORD ROAD99 YearsBuilt 2015
- 3 Bed
- 5 Bath
- 3,003 ft²
- $3,989 psf
For Sale 1 / 29 Condo D1
V on Shenton Luxury Penthouse for Sale
$18,800,000
SHENTON WAY99 Years
- 4 Bed
- 7 Bath
- 6,200 ft²
- $3,032 psf
For Sale 1 / 9 Landed D28
Belgravia Ace, Brand New Freehold Semi-D for Sale
$5,300,000
BELGRAVIA DRIVEFreeholdBuilt 2028
- 5 Bed
- 4 Bath
- 4,370 ft²
- $1,213 psf
CARPMAEL THIRTY-EIGHT Market Position & Nearby Transactions
How CARPMAEL THIRTY-EIGHT compares with District 15 projects and transactions recorded within 1 km over the latest 12 months.
Project Median PSF$1,8672 project sales
District 15 Median PSF$1,745Median across district projects with recorded sales
Difference vs District+7.0%Above district median
Transactions Within 1 km30Recorded in the latest 12 months
Position Within District 15
CARPMAEL THIRTY-EIGHT is more affordable than 36% of District 15 projects with recorded sales.
Lower PSFDistrict medianHigher PSF
182of 284 District 15 projects with recorded sales
District reference range$1,377 – $2,483 psf
Comparable Condos Within 1 km
Up to 20 nearest eligible condominium and EC projects. PSF (M) means median PSF for the latest 12 months.
| Project | Distance | TOP / Age | Units | 12M Sales | PSF (M) |
|---|---|---|---|---|---|
| SHEBA LODGE | 20 m | 199828 yrs old | — | 0 | — |
| THE CARPMAELINA | 55 m | 200620 yrs old | — | 3 | $1,698 |
| CRANE COURT | 115 m | 200422 yrs old | — | 0 | — |
| GALAXY TOWERS | 204 m | 198937 yrs old | — | 0 | — |
| HAIG TEN | 208 m | 200224 yrs old | — | 0 | — |
| BUTTERWORTH 33 | 247 m | 200620 yrs old | — | 2 | $1,716 |
| VERSILIA ON HAIG | 254 m | 201016 yrs old | 128 | 3 | $2,043 |
| OLLOI | 268 m | 20224 yrs old | 34 | 2 | $2,227 |
| TROPICS @ HAIGSVILLE | 270 m | 200422 yrs old | 11 | 1 | $1,700 |
| THE PROMINENCE | 276 m | 200620 yrs old | — | 0 | — |
| BUTTERWORTH VIEW | 289 m | 199927 yrs old | — | 0 | — |
| EMERY POINT | 290 m | 200323 yrs old | — | 2 | $1,864 |
| BUTTERWORTH 8 | 298 m | 200521 yrs old | — | 7 | $2,027 |
| WORTHINGTON | 302 m | 200917 yrs old | 30 | 2 | $1,581 |
| JC RESIDENCE | 314 m | 200719 yrs old | — | 0 | — |
| 38 I SUITES | 314 m | — | 120 | 1 | $1,728 |
| BELLA CASITA | 314 m | 201313 yrs old | 57 | 1 | $1,739 |
| IMPERIAL HEIGHTS | 328 m | 200917 yrs old | 100 | 4 | $1,630 |
| SPRING @ LANGSAT | 328 m | 201313 yrs old | 26 | 2 | $1,565 |
| POMEX COURT | 330 m | 198640 yrs old | — | 0 | — |
Nearby Transactions by Unit Size
Transactions from eligible condominium and EC projects within 1 km during the latest 12 months.
<500 sqft Nearby Average Price Trend
<500 sqft Nearby Transaction Volume
<500 sqft Monthly Summary
| Month | Sales | Price (A) | Min | Max | PSF (A) |
|---|---|---|---|---|---|
| 2026-04 | 1 | $800K | $800K | $800K | $1,728 |
| 2026-02 | 1 | $775K | $775K | $775K | $1,636 |
<500 sqft Nearby Condo Summary
| Condo | Type | Units | Sales | Price (A) | PSF (A) |
|---|---|---|---|---|---|
| 38 I SUITES | Apt | 120 | 1 | $800K | $1,728 |
| SPRING @ LANGSAT | Apt | 26 | 1 | $775K | $1,636 |
500–780 sqft Nearby Average Price Trend
500–780 sqft Nearby Transaction Volume
500–780 sqft Monthly Summary
| Month | Sales | Price (A) | Min | Max | PSF (A) |
|---|---|---|---|---|---|
| 2026-07 | 1 | $950K | $950K | $950K | $1,605 |
| 2026-03 | 1 | $950K | $950K | $950K | $1,605 |
| 2026-02 | 1 | $880K | $880K | $880K | $1,739 |
| 2025-12 | 1 | $980K | $980K | $980K | $1,655 |
500–780 sqft Nearby Condo Summary
| Condo | Type | Units | Sales | Price (A) | PSF (A) |
|---|---|---|---|---|---|
| IMPERIAL HEIGHTS | Apt | 100 | 3 | $960K | $1,622 |
| BELLA CASITA | Apt | 57 | 1 | $880K | $1,739 |
781–1,000 sqft Nearby Average Price Trend
781–1,000 sqft Nearby Transaction Volume
781–1,000 sqft Monthly Summary
| Month | Sales | Price (A) | Min | Max | PSF (A) |
|---|---|---|---|---|---|
| 2026-08 | 1 | $1.73M | $1.73M | $1.73M | $1,786 |
| 2026-06 | 1 | $1.43M | $1.43M | $1.43M | $1,700 |
| 2026-04 | 1 | $2.1M | $2.1M | $2.1M | $2,217 |
781–1,000 sqft Nearby Condo Summary
| Condo | Type | Units | Sales | Price (A) | PSF (A) |
|---|---|---|---|---|---|
| OLLOI | Apt | 34 | 1 | $2.1M | $2,217 |
| TROPICS @ HAIGSVILLE | Apt | 11 | 1 | $1.43M | $1,700 |
| WORTHINGTON | Apt | 30 | 1 | $1.73M | $1,786 |
1,001–1,200 sqft Nearby Average Price Trend
1,001–1,200 sqft Nearby Transaction Volume
1,001–1,200 sqft Monthly Summary
| Month | Sales | Price (A) | Min | Max | PSF (A) |
|---|---|---|---|---|---|
| 2026-07 | 2 | $2.27M | $2.09M | $2.45M | $2,106 |
| 2026-06 | 1 | $2.1M | $2.1M | $2.1M | $2,054 |
| 2026-05 | 1 | $2.03M | $2.03M | $2.03M | $1,698 |
| 2026-04 | 1 | $1.83M | $1.83M | $1.83M | $1,769 |
| 2026-01 | 1 | $2.29M | $2.29M | $2.29M | $2,237 |
| 2025-10 | 1 | $2.16M | $2.16M | $2.16M | $2,110 |
1,001–1,200 sqft Nearby Condo Summary
| Condo | Type | Units | Sales | Price (A) | PSF (A) |
|---|---|---|---|---|---|
| VERSILIA ON HAIG | Condo | 128 | 3 | $2.23M | $2,107 |
| BUTTERWORTH 8 | Condo | — | 1 | $2.1M | $2,054 |
| IMPERIAL HEIGHTS | Apt | 100 | 1 | $1.83M | $1,769 |
| OLLOI | Apt | 34 | 1 | $2.29M | $2,237 |
| THE CARPMAELINA | Condo | — | 1 | $2.03M | $1,698 |
1,201–1,500 sqft Nearby Average Price Trend
1,201–1,500 sqft Nearby Transaction Volume
1,201–1,500 sqft Monthly Summary
| Month | Sales | Price (A) | Min | Max | PSF (A) |
|---|---|---|---|---|---|
| 2026-08 | 2 | $2.53M | $2.4M | $2.65M | $1,818 |
| 2026-07 | 1 | $2.47M | $2.47M | $2.47M | $1,895 |
| 2026-06 | 1 | $2.17M | $2.17M | $2.17M | $1,783 |
| 2026-05 | 2 | $2.68M | $2.58M | $2.78M | $2,041 |
| 2026-04 | 2 | $2.58M | $2.52M | $2.65M | $1,900 |
| 2026-03 | 1 | $2.68M | $2.68M | $2.68M | $2,041 |
| 2026-02 | 1 | $2.39M | $2.39M | $2.39M | $1,833 |
| 2025-12 | 1 | $2.59M | $2.59M | $2.59M | $1,971 |
1,201–1,500 sqft Nearby Condo Summary
| Condo | Type | Units | Sales | Price (A) | PSF (A) |
|---|---|---|---|---|---|
| BUTTERWORTH 8 | Condo | — | 5 | $2.66M | $2,023 |
| BUTTERWORTH 33 | Apt | — | 2 | $2.46M | $1,716 |
| EMERY POINT | Apt | — | 2 | $2.43M | $1,864 |
| THE CARPMAELINA | Condo | — | 1 | $2.17M | $1,783 |
| VERSILIA ON HAIG | Condo | 128 | 1 | $2.65M | $1,984 |
1,501–2,000 sqft Nearby Average Price Trend
1,501–2,000 sqft Nearby Transaction Volume
1,501–2,000 sqft Monthly Summary
| Month | Sales | Price (A) | Min | Max | PSF (A) |
|---|---|---|---|---|---|
| 2026-05 | 1 | $3.6M | $3.6M | $3.6M | $2,027 |
| 2025-12 | 1 | $2.65M | $2.65M | $2.65M | $1,375 |
| 2025-11 | 1 | $2.7M | $2.7M | $2.7M | $1,493 |
1,501–2,000 sqft Nearby Condo Summary
| Condo | Type | Units | Sales | Price (A) | PSF (A) |
|---|---|---|---|---|---|
| BUTTERWORTH 8 | Condo | — | 1 | $3.6M | $2,027 |
| SPRING @ LANGSAT | Apt | 26 | 1 | $2.7M | $1,493 |
| THE CARPMAELINA | Condo | — | 1 | $2.65M | $1,375 |
2,001–3,000 sqft Nearby Average Price Trend
2,001–3,000 sqft Nearby Transaction Volume
2,001–3,000 sqft Monthly Summary
| Month | Sales | Price (A) | Min | Max | PSF (A) |
|---|---|---|---|---|---|
| 2026-07 | 1 | $2.9M | $2.9M | $2.9M | $1,375 |
2,001–3,000 sqft Nearby Condo Summary
| Condo | Type | Units | Sales | Price (A) | PSF (A) |
|---|---|---|---|---|---|
| WORTHINGTON | Apt | 30 | 1 | $2.9M | $1,375 |
Market Interpretation
CARPMAEL THIRTY-EIGHT recorded only 2 transactions during the latest 12 months. Price movements should therefore be interpreted cautiously because individual sales can materially affect the headline figures.
Its median PSF is approximately 7.0% above the District 15 project median, indicating a premium relative to the wider district market.
Within 1 km, 20 nearby condominiums were identified; 12 recorded at least one sale during the same period. These projects provide additional context where the subject development has limited recent activity.
This is a rules-based interpretation of recorded transactions and nearby project data, not a formal valuation.CARPMAEL THIRTY-EIGHT Project Details
Developer
LWH CARPMAEL PTE LTD
Property type
Condominium
District
District 15 - East Coast / Marine Parade / Tanjong Rhu
Market segment
Rest of Central Region
Tenure
Freehold
TOP
2020
Total units
16
About CARPMAEL THIRTY-EIGHT
CARPMAEL THIRTY-EIGHT is a condominium in Singapore District 15, completed in 2020 with freehold. It recorded 2 transactions during the latest 12-month period in the database, with a median transacted price of $2.19M and a median of $1,867 psf. The most frequently transacted size range is 1,001–1,200 sqft, representing 50.0% of transactions with recorded floor area. PAYA LEBAR MRT STATION is approximately 760 m away by straight-line distance. 2 primary schools are located within a 1 km straight-line radius.
Get Property AdviceDisclaimer: The information, charts, statistics, distances and other data shown on this page are derived from publicly available sources, including Urban Redevelopment Authority (URA) transaction records, and are provided for general informational purposes only. While reasonable efforts are made to keep the information accurate and up to date, the data may contain errors, omissions, delays or inaccuracies. All figures, calculations, trends, market insights and distance measurements are estimates only and should not be relied upon for contractual, legal, financial, investment, valuation, planning or other official purposes. Distance information is approximate and should not be used for actual access, eligibility, proximity, planning or assessment purposes. Users should independently verify all information with the relevant authorities, official records or other appropriate sources before making any decision or entering into any agreement.
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