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RACE COURSE 138

District 08 | RACE COURSE ROAD

Tenure
Freehold
Est. TOP
2004
Total units
24
Unit mix
On request
Request viewingCompare projects
Units & pricesPrice psfProject factsLocationTransactionsFAQs

Unit mix

Unit mix will be updated when the developer releases it.

Price range

Median transactedFrom $660,000
Projects›RACE COURSE 138

Projects analysis

RACE COURSE 138

D08 · RACE COURSE ROAD

OverviewPrice psfUnit mixLaunch timelineComparablesKai insightLocationTransactions

Median price

S$813 psf

-0.5% vs last 6m

Avg. price

S$825 psf

Volume (6m)

1 units

Take-up rate

100%

Units sold

24 / 24

Price psf trend

Latest project transactions

-0.5%
$1,572$1,299$1,026Aug 2022Dec 2025

Unit mix

No data

No unit mix data available.

Launch timeline

First recordJul 2002
Latest saleDec 2025
Completion2004
TenureFreehold

Comparable projects

1953D08Private28 RC SUITESD08Private70@TRUROD08Private8 FARRER SUITESD08Private

Kai insight

Watch

RACE COURSE 138 shows negative PSF movement of 0.5% across the available transaction window, with 44 recorded sales. Average pricing is S$825 psf.

Active resale dataTransit accessDistrict context
View all Kai analysis

Project facts

Address
RACE COURSE ROAD
Tenure
Freehold
Completion
2004
Total units
24

Site plan

Site plan details are available on request.

Facilities

Facilities will be updated when the developer publishes them.

Location amenities

Transport

5

FARRER PARK MRT STATION

0.26 km · 3 min walk

FARRER PARK MRT STATION

0.29 km · 3 min walk

FARRER PARK MRT STATION

0.32 km · 4 min walk

FARRER PARK MRT STATION

0.38 km · 5 min walk

Education

8

FARRER PARK PRIMARY SCHOOL

PRIMARY · 0.33 km away

NORTHLIGHT SCHOOL

SECONDARY · 1.10 km away

ST. JOSEPH'S INSTITUTION JUNIOR

PRIMARY · 1.16 km away

SCHOOL OF THE ARTS, SINGAPORE

MIXED LEVELS · 1.23 km away

Convenience

10

Mustafa Singapore

0.38 km away · MUSTAFA HOLDINGS PTE LTD

MURUGAN TRADERS

0.41 km away · MURUGAN TRADERS PTE. LTD.

SANKRANTI FRESH

0.44 km away · CALIBER ESSENTIALS PTE. LTD.

FAMILY NEEDS

0.51 km away · FAMILY NEEDS PTE. LTD.

Buyer costs

Median price

$660,000

Based on project transactions

Buyer's Stamp Duty

$38,778

Before ABSD profile changes

Down payment

$338,611

25% estimate

Monthly payment

$5,085/mo

25-year loan at 3.5%

Median rent

No rental data

Based on active rentals

Gross yield

Insufficient data

Annual rent over median price

Recent transactions

105 transaction records

Sales (44)

Dec 2025

Apartment · 138 RACE COURSE ROAD #05-06

$1,300,000 · $1,098 psf

May 2025

Apartment · 138 RACE COURSE ROAD #03-05

$1,500,008 · $1,040 psf

Mar 2025

Apartment · 138 RACE COURSE ROAD #03-02

$1,625,000 · $1,135 psf

Mar 2025

Apartment · 138 RACE COURSE ROAD #05-05

$1,310,000 · $1,148 psf

Mar 2024

Apartment · 138 RACE COURSE ROAD #06-06

$1,725,000 · $1,041 psf

May 2023

Apartment · 138 RACE COURSE ROAD #06-03

$660,000 · $1,572 psf

Sept 2022

Apartment · 138 RACE COURSE ROAD #04-01

$1,200,000 · $1,239 psf

Sept 2022

Apartment · 138 RACE COURSE ROAD #03-01

$980,000 · $813 psf

Rentals (61)

Mar 2026

Non-landed Properties · RACE COURSE ROAD

$4,500/mo · 1100-1200

Jan 2026

Non-landed Properties · RACE COURSE ROAD

$5,200/mo · 1100-1200

Jan 2026

Non-landed Properties · RACE COURSE ROAD

$6,200/mo · 1600-1700

Jan 2026

Non-landed Properties · RACE COURSE ROAD

$4,650/mo · 1100-1200

Jan 2026

Non-landed Properties · RACE COURSE ROAD

$4,000/mo · 1100-1200

Sept 2025

Non-landed Properties · RACE COURSE ROAD

$5,600/mo · 1400-1500

Sept 2025

Non-landed Properties · RACE COURSE ROAD

$3,000/mo · 400-500

Sept 2025

Non-landed Properties · RACE COURSE ROAD

$5,200/mo · 1100-1200

Market review

RACE COURSE 138 is a freehold apartment development located in District 8, serving the Farrer Park and Little India areas. The project features a median transaction price of $1,354,444 with unit prices ranging from $813 to $1,572 per square foot.

AI-generated analysis based on available market data. Last updated Apr 2026.

Frequently asked questions

What is the tenure of RACE COURSE 138?

RACE COURSE 138 is a freehold apartment project. This means the land ownership does not have a 99-year lease expiration, which is a factor for long-term capital preservation.

What is the median price per square foot for this development?

The median price per square foot (PSF) is $1,072.478. This is based on a total transaction count of 10 records provided for the project.

What are the recent transaction prices in 2025?

In 2025, three units were sold: one for $1,500,008 ($1,040 psf) in May, and two in March for $1,625,000 ($1,135 psf) and $1,310,000 ($1,148 psf). These units ranged in size from 1,141 to 1,442 square feet.

What is the price range for units at RACE COURSE 138?

Individual transaction prices have ranged from $660,000 for a 420 square foot unit to $1,725,000 for a 1,658 square foot unit. The overall median price for the development stands at $1,354,444.

How does the unit size affect the price per square foot at this project?

Smaller units carry a higher PSF, such as the 420 square foot unit sold at $1,572 psf. In contrast, larger units between 1,432 and 1,658 square feet have transacted at lower rates between $1,040 and $1,135 psf.

In which district is RACE COURSE 138 located?

The project is located in District 8. This district covers the Farrer Park and Little India neighborhoods in Singapore.