ST MARTIN'S Review

Condo Review 5 min read Last reviewed
District 10 · Freehold · Completed 1986
~$2,474Avg PSF (12-month)
16Total units
Category Ratings
Walkability
8.0
Investment
4.9
En-Bloc Potential
7.2
ShiokNest Score
6.3

Overview & Key Facts

ST MARTIN'S is a freehold condominium at ST. MARTIN'S DRIVE in District 10 (CCR), developed by UNICURRENT PTE LTD, comprising 16 units, completed in 1986.

Developer
UNICURRENT PTE LTD
Tenure
Freehold
Total units
16
TOP year
1986
District
10 — CCR
Street
ST. MARTIN'S DRIVE

Location & Connectivity

ST MARTIN'S is approximately 240m from Napier MRT station, with 4 stations within 1.5 km.

MRT stations near ST MARTIN'S
StationLineDistance
NapierThomson-East Coast Line240m
Orchard BoulevardThomson-East Coast Line800m
OrchardNorth-South Line850m
OrchardThomson-East Coast Line850m

Schools & Education

18 schools within 2 km (6 within 1 km priority zone).

Schools near ST MARTIN'S
SchoolTypeDistance
Chatsworth International School (Orchard)International220m
Methodist Girls' SchoolSecondary460m
Tanglin Secondary SchoolSecondary580m
ISS International School (Paterson)International590m
Methodist Girls' School (Primary)Primary610m
ISS International School (Preston)International670m
St. Anthony's Primary SchoolPrimary1.1 km
Nanyang Primary SchoolPrimary1.1 km

Unit Mix & Pricing

Unit mix for ST MARTIN'S
TypeSalesAvg PSFAvg Price
2 BR4$2,418 psf$2,238,750
3 BR1$2,100 psf$2,328,000

Market Position

ST MARTIN'S has recorded 5 sales at an average price of $2,256,600.

ST MARTIN'S sits at the 69th percentile of District 10 condo PSF.
$2,474 psf
Avg PSF (12mo)
$2,256,600
Avg Price
2.4%
Gross Yield
5
Total Sales

Price Appreciation

PSF trend for ST MARTIN'S
YearSalesAvg PSFYoY
20212$2,433 psf
20231$2,333 psf↓ 4.1%
20241$2,100 psf↓ 10.0%
20251$2,474 psf↑ 17.8%

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ST MARTIN'S prices sit at a fresh series high after a 17.8% gain on the prior period, now 1.7% above the 2021 starting level.

Price Index Check

The ShiokNest Price Index for District 10 reads 116.8 as of June 2026 — down 3.6% 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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Neighbourhood Comparison

District 10 competitors
CondoTenureAvg PSFSales
SKYE AT HOLLAND99 yrs lease commencing from 2024$2,946 psf666
LEEDON GREENFreehold$2,786 psf574
D'LEEDON99 yrs lease commencing from 2010$1,869 psf452
HYLL ON HOLLANDFreehold$2,649 psf328
FOURTH AVENUE RESIDENCES99 yrs lease commencing from 2018$2,468 psf299

What Could Work Against You

  • Only 1 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
  • At 16 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
  • Completed in 1986, the development is over 40 years old — budget for rising maintenance, dated M&E systems, and the possibility that value increasingly rests on en-bloc potential rather than the units themselves.

Who This Actually Suits

The profile fits mrt-walkable commuters, p1 school balloting families, international school families and long-term hold (10+ yr) best. MRT proximity is the standout commute feature for daily transit users.

For en-bloc speculators and foreign / absd-aware buyers, it can work — but weigh the trade-offs before committing.

It is a weaker fit for yield-focused investors and resort facilities — other options likely serve them better. CCR (Core Central Region) location with rental demand profile worth running through our Rental Yield Calculator.


Verdict

ST MARTIN'S is a freehold development in District 10 (CCR), with 16 units, offering a gross yield of 2.4%.

At ~$2,474 psf, it reflects its premium CCR positioning.

Explore the full ST MARTIN'S dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing ST MARTIN'S against staying public? These HDB towns sit within walking or short-drive distance:

  • Bukit Merah — 4-room average $894,787 (1.5 km away), an upgrader gap of about $1,350,000
  • Queenstown — 4-room average $1,002,705 (1.7 km away), an upgrader gap of about $1,250,000

FAQ

What is the average PSF for ST MARTIN'S?
The 12-month average is approximately $2,474 psf.
Is ST MARTIN'S freehold?
Yes, ST MARTIN'S is a freehold property.
What is the rental yield for ST MARTIN'S?
The estimated gross yield is 2.4%.
Which MRT is nearest to ST MARTIN'S?
The nearest is Napier MRT at 240m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 5 transactions
  • Rental data: 37 leases
  • Source: URA REALIS

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of August 2025

Latest recorded data point: Aug 2025 · 5 records analysed · Source: URA private-sale caveats

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