District 15 · CARPMAEL ROAD
CARPMAEL THIRTY-EIGHT is a freehold condominium in District 15, Singapore, completed in 2020 with 16 units. The average transacted price is $1,663/sqft based on 6 recorded transactions. Nearby MRT: PAYA LEBAR MRT STATION, EUNOS MRT STATION.
AI-generated analysis based on available market data. Last updated 4 April 2026. This content is for informational purposes only and should not be considered financial advice.
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| Date | Project Name | Address | Size (sqm) | Price | PSF | Floor | Type | Segment | District | Tenure |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025-12 | CARPMAEL THIRTY-EIGHT | CARPMAEL ROAD | 118 sqm (1270 sqft) | $2,300,000 | $1811/sqft | 01-05 | Apartment | RCR | 15 | Freehold |
| 2024-10 | CARPMAEL THIRTY-EIGHT | CARPMAEL ROAD | 109 sqm (1173 sqft) | $2,180,000 | $1858/sqft | 01-05 | Apartment | RCR | 15 | Freehold |
| 2022-04 | CARPMAEL THIRTY-EIGHT | CARPMAEL ROAD | 117 sqm (1259 sqft) | $2,222,000 | $1764/sqft | 01-05 | Apartment | RCR | 15 | Freehold |
| 2020-01 | CARPMAEL THIRTY-EIGHT | CARPMAEL ROAD | 109 sqm (1173 sqft) | $1,771,731 | $1510/sqft | 01-05 | Apartment | RCR | 15 | Freehold |
| 2020-01 | CARPMAEL THIRTY-EIGHT | CARPMAEL ROAD | 109 sqm (1173 sqft) | $1,777,355 | $1515/sqft | 01-05 | Apartment | RCR | 15 | Freehold |
| 2019-12 | CARPMAEL THIRTY-EIGHT | CARPMAEL ROAD | 109 sqm (1173 sqft) | $1,782,000 | $1519/sqft | 01-05 | Apartment | RCR | 15 | Freehold |
Carpmael Thirty-Eight is a freehold apartment. This tenure provides long-term ownership rights compared to 99-year leasehold properties in the same district.
The median price for the project is $1,981,000. The median PSF stands at $1,641.602 based on the 6 recorded transactions.
Recent transaction data shows unit sizes of 1,173 sqft, 1,259 sqft, and 1,270 sqft. These sizes are consistent across the last five recorded sales between 2020 and 2025.
The highest transaction price recorded was $2,300,000 for a 1,270 sqft unit on 1 December 2025. This unit achieved a PSF of $1,811.
In January 2020, two 1,173 sqft units were sold at $1,510 psf and $1,515 psf. By October 2024, a unit of the same size reached $1,858 psf, indicating upward price movement over the four-year period.
A 1,173 sqft unit has sold for as low as $1,771,731 in early 2020 and as high as $2,180,000 in late 2024. This represents a price spread of $408,269 for the same floor area.
Guides and analysis about CARPMAEL THIRTY-EIGHT

Discover Carpmael Thirty-eight investment analysis: rental yield and growth potential in D15. Get data-driven insights on condo prices, yields up to 3-4% for Singapore investors via Homejourney.

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Discover Carpmael Thirty-eight: freehold condo at 38 Carpmael Road, D15. Unit types, prices, amenities, investment potential & East Coast living. Trust Homejourney for verified insights.
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