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RACE COURSE 138

District 08 · RACE COURSE ROAD

Overview

RACE COURSE 138 is a freehold condominium in District 08, Singapore, completed in 2004 with 24 units. The average transacted price is $1,089/sqft based on 10 recorded transactions. Nearby MRT: FARRER PARK MRT STATION, LITTLE INDIA MRT STATION.

Price Trends

Price Data (SGD)

RACE COURSE 138

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Property Summary

Location
138 Race Course Road, District 08, Rochor
Tenure
Freehold
Units
24 units
Completion
2004 (TOP date: 01 Jan 2004)
Developer
Chiu Teng Realty Pte Ltd
Floors/Blocks
6 floors, 1 block
Site Area
873 sqm
Information is subject to change and should be verified independently.
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Nearby Transport

  • FARRER PARK MRT STATION
    Exit F0.26 km • 3 min walk
  • LITTLE INDIA MRT STATION
    Exit E0.43 km • 5 min walk

Nearby Transport

Nearby Transport

  • FARRER PARK MRT STATION
    Exit F0.26 km • 3 min walk
  • LITTLE INDIA MRT STATION
    Exit E0.43 km • 5 min walk

Nearby Schools

Nearby Schools

  • FARRER PARK PRIMARY SCHOOL
    PRIMARY0.33 km away
  • NORTHLIGHT SCHOOL
    SECONDARY1.10 km away
  • ST. JOSEPH'S INSTITUTION JUNIOR
    PRIMARY1.16 km away
  • SCHOOL OF THE ARTS, SINGAPORE
    MIXED LEVELS1.23 km away
  • ANGLO-CHINESE SCHOOL (JUNIOR)
    PRIMARY1.26 km away

Nearby Supermarkets

Nearby Supermarkets

  • Mustafa Singapore
    0.57 km away•MUSTAFA HOLDINGS PTE LTD
  • MURUGAN TRADERS
    0.61 km away•MURUGAN TRADERS PTE. LTD.
  • SANKRANTI FRESH
    0.66 km away•CALIBER ESSENTIALS PTE. LTD.
  • FAMILY NEEDS
    0.77 km away•FAMILY NEEDS PTE. LTD.
  • FAIRPRICE
    0.77 km away•NTUC FAIRPRICE CO-OPERATIVE LTD

Property Analysis

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 24 April 2026. This content is for informational purposes only and should not be considered financial advice.

Financial Breakdown

Estimated costs based on median transaction price

Median Price
$1,398,888
Buyer's Stamp Duty
$38,778
Down Payment (25%)
$338,611
Est. Monthly Payment
$5,085/mo
25-year loan at 3.5%

Eligibility Check

Estimate stamp duty based on your buyer profile

ABSD Rate
0%
ABSD Amount
$0
BSD Amount
$38,778
Total Stamp Duty
$38,778
Estimated Monthly Payment
$5,085/mo

Neighbourhood Amenities

Transport

2
  • FARRER PARK MRT STATION
  • LITTLE INDIA MRT STATION

Education

8
  • FARRER PARK PRIMARY SCHOOL
  • NORTHLIGHT SCHOOL
  • ST. JOSEPH'S INSTITUTION JUNIOR
  • +5 more nearby

Convenience

10
  • Mustafa Singapore
  • MURUGAN TRADERS
  • SANKRANTI FRESH
  • +7 more nearby

Rental Yield

Insufficient data to calculate rental yield. Sale or rental transaction data is not yet available for this property.

Recent Transactions

(10 of 10)
DateProject NameAddressSize (sqm)PricePSFFloorTypeSegmentDistrictTenure
2025-05RACE COURSE 138RACE COURSE ROAD134 sqm (1442 sqft)$1,500,008$1040/sqft01-05ApartmentRCR08Freehold
2025-03RACE COURSE 138RACE COURSE ROAD106 sqm (1141 sqft)$1,310,000$1148/sqft01-05ApartmentRCR08Freehold
2025-03RACE COURSE 138RACE COURSE ROAD133 sqm (1432 sqft)$1,625,000$1135/sqft01-05ApartmentRCR08Freehold
2024-03RACE COURSE 138RACE COURSE ROAD154 sqm (1658 sqft)$1,725,000$1041/sqft06-10ApartmentRCR08Freehold
2023-05RACE COURSE 138RACE COURSE ROAD39 sqm (420 sqft)$660,000$1572/sqft06-10ApartmentRCR08Freehold
2022-09RACE COURSE 138RACE COURSE ROAD90 sqm (969 sqft)$1,200,000$1239/sqft01-05ApartmentRCR08Freehold
2022-09RACE COURSE 138RACE COURSE ROAD112 sqm (1206 sqft)$980,000$813/sqft01-05ApartmentRCR08Freehold
2022-08RACE COURSE 138RACE COURSE ROAD53 sqm (570 sqft)$630,000$1104/sqft01-05ApartmentRCR08Freehold
2021-03RACE COURSE 138RACE COURSE ROAD150 sqm (1615 sqft)$1,398,888$866/sqft06-10ApartmentRCR08Freehold
2020-11RACE COURSE 138RACE COURSE ROAD154 sqm (1658 sqft)$1,550,000$935/sqft06-10ApartmentRCR08Freehold

Market Statistics

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.

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Volatile market18.3% volatility
2 years change:-33.8% ($1572 → $1040)
Median PSF:$1142/sqft