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Carpmael Thirty-Eight

Apartment · in Geylang, District 15, Singapore · Freehold · Completed 2020

Data through 31 July 2026

Carpmael Thirty-Eight site plan and project gallery

Site plan of Carpmael Thirty-Eight in SingaporeCarpmael Thirty-Eight property photo 1 in SingaporeCarpmael Thirty-Eight property photo 2 in SingaporeCarpmael Thirty-Eight property photo 3 in Singapore

Site plan is shown first when available. Scroll to view more project images.

Intro: Carpmael Thirty-Eight is a modern, 16-unit freehold residence in District 15 that offers an ultra-private living experience while keeping you within walking distance of the bustling Paya Lebar retail and transport hub 🚆.
Good to know: Completed in 2020, this development features a boutique mix of two- to four-bedroom layouts to suit different household needs 🏠; Located within 1km of Haig Girls' School and Tanjong Katong Primary School, providing convenient access for families 🏫.
Practical note: As a small-scale boutique development, the project features a limited range of communal facilities compared to larger mega-condos, making it a better fit for those who prefer quiet, low-density living over extensive recreational amenities.

D15RCRCentralGeylang
On this pageSite plan & photosProject detailsNearby MRT & schoolsPrices & transactionsRental trendsFAQs
REALSCOREⓘ
Profitability rank across Singapore
2.2
Annual Returns
Avg annualized profit (past 1y)
1.6%
< 1km
MRT Station
< 10y
Property Age
Near
$1M+ HDB
> 1K
MOPs in Town
Mega
Development
100%
Profitable
Top 20
Schools
50+
Deals Past Yr

Carpmael Thirty-Eight project details

Street
Carpmael Road
Developer
Lwh Carpmael Pte Ltd
Property Type
Apartment
Completion
2020
Total Units
16
Plot Ratio
1.4
Unit Size
721 - 1,270 sqft
Tenure
Freehold
Lease Remaining
Freehold
Postal Sector
42

MRT and LRT stations near Carpmael Thirty-Eight

  • Paya Lebar742 m · MRTEW8CC9
  • Eunos889 m · MRTEW7
See details on nearby stations

Primary schools near Carpmael Thirty-Eight

  • Haig Girls' School556 m
  • Tanjong Katong Primary School918 m
See details on nearby schools

Carpmael Thirty-Eight price, PSF and transaction trends

0%
Sold At Launch
26%
HDB Buyers
$35.6M+
Total Transacted
04-11-2017
First Transacted
31-07-2026
Last Transacted
19
Total Transactions

Carpmael Thirty-Eight transaction volume

Carpmael Thirty-Eight transaction volume0258102017 · New Sale: 120172018 · New Sale: 920182019 · New Sale: 320192020 · New Sale: 220202022 · Resale: 120222024 · Resale: 120242025 · Resale: 120252026 · Resale: 12026
New SaleSub SaleResale

Among the latest 12 recorded sales for Carpmael Thirty-Eight, the median price was S$1,923,000 and the median PSF was S$1,653 psf. The newest record shown is from 31 July 2026. The annual project median was 15.1% higher in 2026 than in 2017; unit mix can affect year-to-year comparisons.

Recent Carpmael Thirty-Eight transactions

DateSale typePricePSFSize
31 July 2026ResaleS$2,070,000S$1,923 psf1,076 sqft
17 December 2025ResaleS$2,300,000S$1,811 psf1,270 sqft
28 October 2024ResaleS$2,180,000S$1,858 psf1,173 sqft
28 April 2022ResaleS$2,222,000S$1,764 psf1,259 sqft
31 January 2020New SaleS$1,771,731S$1,510 psf1,173 sqft

Carpmael Thirty-Eight median transaction PSF (S$)

Carpmael Thirty-Eight median transaction PSF (S$)05001.0K1.5K2.0K2017 · Median PSF: 1.7K20172018 · Median PSF: 1.7K20182019 · Median PSF: 1.5K20192020 · Median PSF: 1.5K20202022 · Median PSF: 1.8K20222024 · Median PSF: 1.9K20242025 · Median PSF: 1.8K20252026 · Median PSF: 1.9K2026

Carpmael Thirty-Eight annual price trend

YearMedian priceMedian PSFRecorded sales
2026S$2,070,000S$1,923 psf1
2025S$2,300,000S$1,811 psf1
2024S$2,180,000S$1,858 psf1
2022S$2,222,000S$1,764 psf1
2020S$1,774,543S$1,512 psf2
2019S$1,788,605S$1,524 psf3
2018S$1,822,347S$1,660 psf9
2017S$1,798,019S$1,670 psf1
100.0%
% Profitable
3
Profitable
0
Unprofitable
0
> 6% Annualized
5.8 yrs
Avg Holding
$829,426
Total Profits

Carpmael Thirty-Eight annualized profit %

Carpmael Thirty-Eight annualized profit %0.0%1.5%3.0%4.5%2022 · Average Annualized Profit: 1.8%20222024 · Average Annualized Profit: 4.5%20242026 · Average Annualized Profit: 1.6%2026
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Carpmael Thirty-Eight rental prices and estimated yield

Past 1 month
$5.20
Avg PSF Rental
1
No. of Rentals
3.2%
Est. Rental Yield

Among the latest 12 recorded rental contracts for Carpmael Thirty-Eight, the median monthly rent was S$5,175, with records ranging from S$3,300 to S$6,500.

Recent Carpmael Thirty-Eight rental contracts

Lease dateBedroomsMonthly rentEst. PSFArea
1 March 20264 BRS$6,500S$5 psf1200-1300
1 January 20253 BRS$5,200S$5 psf1000-1100
1 November 20243 BRS$5,150S$5 psf1000-1100
1 September 20242 BRS$3,300S$4 psf700-800
1 March 20233 BRS$5,500S$4 psf1200-1300

Carpmael Thirty-Eight rental volume

Carpmael Thirty-Eight rental volume012342020 · Rentals: 420202021 · Rentals: 220212022 · Rentals: 320222023 · Rentals: 320232024 · Rentals: 220242025 · Rentals: 120252026 · Rentals: 12026
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Frequently asked questions about Carpmael Thirty-Eight

How much do units at Carpmael Thirty-Eight cost?

The latest 12 recorded sales show a median price of S$1,923,000 and a median of S$1,653 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at Carpmael Thirty-Eight?

The latest recorded median monthly rent is S$5,175 and the estimated rental yield based on the past six months is 3.2%. Rental yield is indicative and can vary by unit and costs.

Is Carpmael Thirty-Eight freehold or leasehold?

Carpmael Thirty-Eight has a tenure of Freehold.

When was Carpmael Thirty-Eight completed and who developed it?

Carpmael Thirty-Eight was completed in 2020, the developer is Lwh Carpmael Pte Ltd, and the project has 16 units.

Which MRT or LRT station is nearest to Carpmael Thirty-Eight?

Paya Lebar is the nearest station shown, at an estimated straight-line distance of 742 metres.

Which primary schools are near Carpmael Thirty-Eight?

The primary schools shown within the page’s one-kilometre search are Haig Girls' School (556 m) and Tanjong Katong Primary School (918 m). Distances are estimates and do not determine school-admission eligibility.

Data sources and methodology

Sale and rental records are based on URA private residential property market data. REALSMART calculates project-level medians, chart groupings, profitability indicators, straight-line distances and estimated rental yields. Data on this page runs through 31 July 2026. Figures are indicative and do not constitute financial advice.

Compare Carpmael Thirty-Eight with similar properties

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