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Singapore Property News, Insights and Analysis

Completed 2002

Race Course 138

D08 · Farrer Park / Serangoon Rd · 138 Race Course Road

A 24-unit freehold apartment in D08, completed in 2002. Developed by CHIU TENG REALTY PTE LTD.

Source: Condo master (URA caveats); URA transactions, Oct 2026

Freehold
Tenure
$1,075
Avg $psf, 12 months
2
Sales, 12 months
2002
Completed

What brings you to Race Course 138?

Buying here? Get a second opinion. The median sale price here over the last 12 months was $1.25M, across 2 sales. Our consultants can run the numbers against your budget: which stack, what to pay, what to avoid. Free for buyers of private property.

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Get a second opinion
02 — Prices

Race Course 138 prices

Last 12 months
2
Sales
$1,075
Average $psf
$1,052 – $1,098
$psf range
$1.2M – $1.3M
Price range
By unit size
Last 3 years
SizeSalesAvg $psfAvg pricePrice range
1,100–1,299 sq ft3 sales$1,099 psfAvg $1.27M$1.2M – $1.31M
1,300–1,599 sq ft2 sales$1,088 psfAvg $1.56M$1.5M – $1.63M
1,600–1,999 sq ft1 sale$1,041 psf$1.73M
Average $psf by year
In 2025, sales here averaged $1,105 psf, 38% below the D08 average of $1,777 psf for private homes (condos, apartments and ECs).
This condoD08 average
Show as a table
YearThis condoD08 average
2026$1,052$1,909
2025$1,105$1,777
2024$1,041$1,728
2023$1,572$1,764
2022$1,052$1,929
2021$866$1,516
2020$935$1,432
2019$1,084$1,502
2017$1,034$1,376
2015$1,351$1,413
2014$901$1,476
2013$1,520$1,435
Sales by year
30 sales since 2007; the busiest year was 2007 with 4. The 2026 bar covers Jan–Oct.
Show as a table
YearResaleTotal
202611
202544
202411
202311
202233
202111
202011
201911
201800
201711
201600
201511
201411
201311
201222
201100
201033
200911
200833
200744
Sales in the last two years
5 sales, newest first. Units show the floor only.
DateUnitSizePrice$psfType
13 Mar 2026#04-XX1,141 sq ft$1.2M$1,052 psfResale
23 Dec 2025#05-XX1,184 sq ft$1.3M$1,098 psfResale
20 May 2025#03-XX1,442 sq ft$1.5M$1,040 psfResale
28 Mar 2025#03-XX1,432 sq ft$1.63M$1,135 psfResale
6 Mar 2025#05-XX1,141 sq ft$1.31M$1,148 psfResale
Compared with nearby condos
Compared with D08 and the five nearest similar condos · average $psf and price, all unit sizes

Prices by bedroom type are based on matching sales to unit sizes.

Source: URA caveats, Sep 2026. The 2026 averages cover Jan–Oct.

03 — Rent

Race Course 138 rent

Leases starting Sep 2025–Aug 2026
11
Leases
$4,650
Median rent a month

D08 median rent: $4,000 a month; est. gross yield 2.7%.

By bedroom type
TypeLeasesMedian rentMiddle halfD08 median
1-Bedroom3 leases$3,000 median$3,000 – $3,400D08 $3,300
3-Bedroom6 leases$4,925 median$4,375 – $5,300D08 $5,600
Rent and yield compared with nearby condos

Estimated gross yield: a year of median rent (leases starting Sep 2025–Aug 2026) over the average sale price of the last 12 months, before costs. No yield is shown with fewer than 3 sales in the year. Rents and sale prices both cover roughly the last 12 months, so read the yield as a guide to that year rather than an exact figure. A higher yield often reflects a lower price, such as an older lease, rather than a better buy.

Source: URA rental contracts, Aug 2026

04 — Location

Near Race Course 138

MRT stations
NE Farrer Park 470 m · 6 min walk
NEDT Little India 560 m · 7 min walk
DT Jalan Besar 870 m · 10 min walk
DT Rochor 950 m · 11 min walk

Walking times and distances are estimates from OneMap walking routes; a station without a walking time shows the straight-line distance. Check OneMap for your exact route.

Primary schools
Within 1 km
Farrer Park Primary School 330 m · 8 min walk
St. Margaret's School (Primary)Popular 960 m · 22 min walk
Within 2 km
St. Joseph's Institution Junior 1.2 km · 21 min walk
Anglo-Chinese School (Junior)Popular 1.3 km · 22 min walk
Hong Wen SchoolPopular 1.5 km · 21 min walk
Bendemeer Primary School 2.0 km · 28 min walk

Distances are straight-line, which is what the 1 km and 2 km bands refer to; walking times are estimates from OneMap walking routes. Check the MOE website for confirmation.

Everyday amenities
Park City Green 620 m · 7 min
Clinic Apollo Medical Centre 400 m · 5 min
Supermarket Pardeshi 470 m · 6 min
Hawker centre Tekka Centre/Zhu Jiao Market 570 m · 7 min
Map of the area around Race Course 138, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Oct 2026

05 — Nearby

Condos and supply around Race Course 138

Upcoming supply
Dorset Road460 m · about 404 units · 1.04 ha Awarded · $14,405 psm GFA · Oct 2025
Kitchener Link540 m · about 140 units · 0.42 ha Available for application
Peck Hay Road1.5 km · about 299 units · 0.55 ha Awarded · $20,076 psm GFA · Jun 2026
Morrison Lane2.5 km · about 205 units · 0.66 ha Available for application

Source: URA transactions; URA land sales; OneMap distances, Oct 2026

06 — From Stacked

Read more about Race Course 138

Source: Stacked Homes editorial

07 — FAQ

Questions about Race Course 138

Is Race Course 138 freehold?

Yes. Race Course 138 is a freehold apartment.

When was Race Course 138 completed?

2002.

How many units does Race Course 138 have?

24 units.

What is the price psf at Race Course 138?

2 sales in the last 12 months averaged $1,075 psf, ranging from $1,052 to $1,098 psf.

What did the latest sale go for?

A 1,141 sq ft unit sold for $1.2M ($1,052 psf) on 13 Mar 2026.

How much is the rent at Race Course 138?

Leases starting Sep 2025–Aug 2026 had a median rent of $4,650 a month ($3,000 for a 1-bedroom and $4,925 for a 3-bedroom).

What is the nearest MRT station?

Farrer Park (NE), a 6-minute walk (470 m). Little India (NE, DT) is 560 m away.

Which primary schools are within 1 km?

Farrer Park Primary School, 330 m away and St. Margaret's School (Primary), 960 m away.

Who developed Race Course 138?

CHIU TENG REALTY PTE LTD.

Answers generated from the data on this page, Oct 2026