We track 45 sales and 285 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the 38 I SUITES dashboard.
- Average sale price: $1,015,684 across 45 transactions
- Estimated gross rental yield: 3.3%
- District 15 PSF ranking: Above average (top 44%)
- · RCR · D15 · 120 units
About 38 I SUITES
38 I SUITES is a condominium, located at IPOH LANE in District 15 (Joo Chiat, Amber Road, Katong) (Rest of Central Region), developed by SUSTAINED LAND PTE LTD, comprising 120 residential units, completed in 2014.
With approximately 87 years remaining on its 99-year lease, the property qualifies for full bank financing and CPF usage.
Unit Mix Distribution
Transaction data breakdown by bedroom type at 38 I SUITES:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 11 | $1,691 psf | $795,455 |
| 1 BR | 26 | $1,684 psf | $1,029,534 |
| 3 BR | 6 | $1,091 psf | $1,219,648 |
| 4 BR | 2 | $1,058 psf | $1,435,000 |
Sales Market Overview
38 I SUITES has recorded 45 sale transactions with an average transaction price of $1,015,684, ranging from $720,000 to $1,450,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 17 | $1,394 psf | $1,051,993 | — |
| 2022 | 8 | $1,693 psf | $908,750 | ↑ 21.5% |
| 2023 | 5 | $1,746 psf | $1,041,000 | ↑ 3.1% |
| 2024 | 9 | $1,689 psf | $1,025,765 | ↓ 3.2% |
| 2025 | 5 | $1,628 psf | $1,063,000 | ↓ 3.6% |
| 2026 | 1 | $1,728 psf | $800,000 | ↑ 6.2% |
38 I SUITES ranks in the top 44% of condos in District 15 by average PSF.
Compared to the RCR average of $2,049 psf, 38 I SUITES trades 23% below the segment benchmark.
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Rental Market Overview
38 I SUITES has recorded 285 rental transactions with monthly rents averaging $2,771/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 116 | $2,632/mo | $1,800/mo | $4,000/mo |
| 2 BR | 169 | $2,867/mo | $1,800/mo | $4,800/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 58 | $2,230/mo |
| 2022 | 63 | $2,637/mo |
| 2023 | 44 | $3,091/mo |
| 2024 | 60 | $2,973/mo |
| 2025 | 42 | $3,042/mo |
| 2026 | 18 | $2,900/mo |
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Investment Analysis
Based on average rents and sale prices, 38 I SUITES delivers an estimated gross rental yield of 3.3%. This is above the Singapore-wide benchmark of approximately 3%.
Competing Condos in District 15
Side-by-side comparison against the most actively traded condos in District 15 (Joo Chiat, Amber Road, Katong):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| GRAND DUNMAN | 99 yrs lease commencing from 2022 | 1008 | $2,536 psf | 911 |
| EMERALD OF KATONG | 99 yrs lease commencing from 2023 | 846 | $2,640 psf | 844 |
| THE CONTINUUM | Freehold | 816 | $2,790 psf | 766 |
| TEMBUSU GRAND | 99 yrs lease commencing from 2022 | 638 | $2,466 psf | 641 |
| AMBER PARK | Freehold | 592 | $2,546 psf | 394 |
Location Map
Map shows 38 I SUITES (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- 38 I SUITES
- Paya Lebar MRT
- Paya Lebar MRT
- Tanjong Katong MRT
- Dakota MRT
- Eunos MRT
- Haig Girls'
- Tao Nan School
- Broadrick Secondary School
Nearby MRT Stations
38 I SUITES is 740m from Paya Lebar MRT (East-West Line), with 6 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Paya Lebar | EW8 | East-West Line | 740m |
| Paya Lebar | CC9 | Circle Line | 740m |
| Tanjong Katong | TE25 | Thomson-East Coast Line | 880m |
| Dakota | CC8 | Circle Line | 930m |
| Eunos | EW7 | East-West Line | 1.2 km |
| Marine Parade | TE26 | Thomson-East Coast Line | 1.5 km |
Nearby Schools
There are 15 schools within 2 km of 38 I SUITES, including 11 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Haig Girls' School | Primary | 170m |
| Tao Nan School | Primary | 550m |
| Broadrick Secondary School | Secondary | 570m |
| EtonHouse International School (Broadrick) | International | 570m |
| Tanjong Katong Primary School | Primary | 590m |
| Tanjong Katong Girls' School | Secondary | 600m |
| Canadian International School (Tanjong Katong) | International | 670m |
| Kong Hwa School | Primary | 760m |
| Canossa Catholic Primary School | Primary | 850m |
| CHIJ (Katong) Primary | Primary | 880m |
| Geylang Methodist School (Secondary) | Secondary | 960m |
| Geylang Methodist School (Primary) | Primary | 1.2 km |
FAQ
What is the average price for 38 I SUITES?
What is the rental yield for 38 I SUITES?
Is 38 I SUITES freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 45 transactions analysed
- Rental data: 285 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for 38 I SUITES
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.
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New Sale vs Resale Mix
Of the 1,640 condo transactions recorded in District 15 over the last 12 months, 64% resale, 34% new sale, 2% sub sale. A resale-heavy mix points to an established market trading on fundamentals; a new-sale-heavy mix means developer launches are setting the price benchmarks.
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Price Index Check
The ShiokNest Price Index for District 15 reads 117.7 as of June 2026 — down 9.0% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.
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Upcoming Supply Pipeline
1 active Government Land Sales site in District 15 could add roughly 500 new units to local supply. Incoming supply of this scale tends to cap short-term price growth in the immediate area but also signals planning confidence in the location.
| Site | Street | Est. units | List | Status |
|---|---|---|---|---|
| Jalan Tembusu | — | ~500 | Confirmed | Awarded |
HDB Alternatives Nearby
Weighing 38 I SUITES against staying public? These HDB towns sit within walking or short-drive distance:
- Geylang — 4-room average $761,443 (100m away), an upgrader gap of about $250,000
- Marine Parade — 4-room average $648,065 (1.5 km away), an upgrader gap of about $350,000
- Kallang/whampoa — 4-room average $882,887 (1.7 km away), an upgrader gap of about $150,000