D09 Orchard

MARTIN MODERN

MARTIN PLACE · District 09 · 99 yrs lease commencing from 2016

Median Price

S$2.7M

133 transactions

Price Range

S$1.9M - S$5.1M

Tenure

Leasehold

99 yrs lease commencing from 2016

Avg Rent

S$8.33 psf

per month

What is the price of MARTIN MODERN?

The median transaction price at MARTIN MODERN is S$2,726,800, based on 133 URA-recorded transactions. Prices range from S$1.9M to S$5.1M. MARTIN MODERN is a leasehold development on MARTIN PLACE in District 09 (Orchard). High-floor units cost 25% more than low-floor units. Average rent is S$8.33 per square foot per month.

MARTIN MODERN Price Analysis

MARTIN MODERN is a leasehold development on MARTIN PLACE in District 09 (Orchard). According to URA transaction records, 133 private residential transactions have been recorded at this development, with a median price of S$2,726,800. Prices range from S$1.9M for the smallest units to S$5.1M for premium configurations.

The development offers units across 3 size categories. The most traded segment is 2-bed (70-100 sqm) at a median of S$2,290,500. Larger units (4-bed (130-170 sqm)) trade at S$4,100,000, reflecting the premium for additional space.

Floor level significantly impacts pricing at MARTIN MODERN. High-floor units (21-25) command a median of S$2,880,000, while low-floor units (11-15) sell for S$2,300,000. That is a 25% premium for higher floors, worth S$580K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.

On the rental side, MARTIN MODERN commands an average of S$8.33 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 3.2%.

Price Trend

Median transaction price by contract month.

Source: URA Private Residential Property Transactions

Price by Floor Level

21-25

S$2.9M

19 txns

26-30

S$2.8M

26 txns

16-20

S$2.8M

22 txns

06-10

S$2.8M

19 txns

01-05

S$2.5M

22 txns

11-15

S$2.3M

25 txns

Price by Unit Size

Size Band	Median Price	Avg Size	Transactions
2-Bed (70-100 sqm)	S$2.3M	81 sqm	84
3-Bed (100-130 sqm)	S$3.0M	101 sqm	14
4-Bed (130-170 sqm)	S$4.1M	142 sqm	35

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FAQ

What is the average price of MARTIN MODERN?

The median transaction price at MARTIN MODERN is S$2,726,800, based on 133 URA-recorded transactions. Prices range from S$1.9M to S$5.1M.

Does floor level affect prices at MARTIN MODERN?

Yes. High-floor units (21-25) sell for a median of S$2,880,000, while low-floor units (11-15) sell for S$2,300,000. That is a 25% premium for higher floors.

What is the rental rate at MARTIN MODERN?

The average rental rate at MARTIN MODERN is approximately S$8.33 per square foot per month, based on URA median rental data.

Source: URA Private Residential Property Transactions. Analysis by FairComparisons.