Race Course 138 - 2 Units for Sale
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Located at Race Course Road, 218591, City & South West (D01-08), Race Course 138 is a freehold apartment in District 08. This property was completed in 2004 and has a total of 24 units. Race Course 138 is a freehold apartment strategically located close to the Orchard Road Shopping District making it nearby an abundance of amenities, which is extremely convenient for residents here. Its strategic location also makes up for the lack of facilities at this apartment. This development is an ideal living space for individuals as well as families and would also be of interest to those who intend to invest in the property market. In addition to all this, Race Course 138 is also located close to the KK Women’s and Children’s Hospital and the Mustafa Centre. Race Course 138 is a rare gem that allows residents to return to a peaceful and quiet home, but yet still enjoy all the conveniences that city life has to offer. Race Course 138 is easily accessible via public transportation. The closest MRT Station is the Farrer Park MRT Station which is just a 7 minute walk away (500m). This is followed by the Little India MRT Station, Jalan Besar MRT Station and Rochor MRT Station which are slightly further away, but still within a one kilometre radius. Race Course 138 is also easily accessible by bus. There are several bus stops nearby, such as the Broadway Hotel bus stop which is just a minutes’ walk away. Other bus stops that are nearby include the Farrer Park Station Exit A bus stop, the bus stop opposite KK Women & Child Hospital and the Parish of Christ Church bus stop, all of which are less than 10 minutes’ walk away. For residents with private vehicles, Race Course 138 is easily accessible via main roads such as Race Course Road and Serangoon Road. It also enjoys good connectivity to the surrounding areas as well as to the other parts of Singapore via major expressways such as the Central Expressway, East Coast Parkway and the Pan Island Expressway. Race Course 138 is just a short drive to the Orchard Road Shopping District where there are plenty of retail outlets, eateries and other amenities, as well as to the Central Business District. Khansama Tandoori RestaurantThe Banana Leaf ApoloHillman RestaurantSwee Choon Tim Sum RestaurantMing Chung Restaurant Singapore Dayanand Anglo-Vedic SchoolACTFA School Of Dance & Performing ArtsSingapore Management UniversityKingston International SchoolFuture Genius Learning Planet Meena Bazaar SingaporeOrient Pearl IslandCity Square MallSim Lim SquareBurlington Square Sate Kelinci ParkRoswell Road Open SpaceCity GreenCambridge Family ParkMount Emily Park Race Course 138 is a freehold apartment located in District 08.This project was completed in 2004 and has a total of 24 units. The sub sale price for units here range between S$1,249,000 to S$1,580,000 per unit, while the rental price range is between S$4,200 to S$4,400 per unit. Project Name: Race Course 138Type: ApartmentDistrict: 08Configuration: 12 units Unit Types:1 bedroom (400 to 700 square feet)2 bedrooms (900 to 1,300 square feet)3 bedrooms (1,100 to 1,500 square feet)4 bedrooms (1,600 to 1,700 square feet) Other developments that are located in the same neighbourhood as Race Course 138 that are worth checking out includeCitylightsKerrisdaleCity Square ResidencesCavan SuitesForte SuitesCityscape at Farrer Park
Explore PropertyGuru
Current search activity indicates that the project still features in the Farrer Park / Serangoon Rd market's browsing mix, drawing on PropertyGuru search trends over the past month. This development remains a consistent part of the local landscape for active property seekers evaluating options in the vicinity.
Most-searched Units: 2-BedroomPopular preferences: Gym, Tennis Court, Corner Unit
Pricing by Unit Types:
- 1-Bedroom Units:
- Avg Asking Price: S$ 782K
- Avg PSF: S$ 1,491 psf (25.01% lower compared to Farrer Park / Serangoon Rd average of S$ 1,988 psf)
- Available Units: 3
- 4-Bedroom Units:
- Avg Asking Price: S$ 1.80M
- Avg PSF: S$ 1,115 psf (43.23% lower compared to Farrer Park / Serangoon Rd average of S$ 1,963 psf)
- Available Units: 1
- LITTLE INDIA MRT STATION (401m, 4-5 mins) — Interchange station connecting you to both the North-East and Downtown Lines for quick travel across the island.
- JALAN BESAR MRT STATION (805m, 9-10 mins) — Convenient access to the Downtown Line, perfect for professionals working in the Central Business District.
- BROADWAY HOTEL (199m, 2-3 mins) — Very close stop with multiple bus services that make getting around the local neighborhood a breeze.
- FARRER PK STN EXIT D (328m, 3-4 mins) — Handy transport link that connects residents to various parts of the Serangoon and city areas.
- CAREWORKS (90m, 1-2 mins) — Nearby early childhood center providing convenient childcare options for parents living in the area.
- FOOCHOW METHODIST PRESCHOOL (121m, 1-2 mins) — Established preschool located just a short walk away, ideal for young families.
- FARRER PARK PRIMARY SCHOOL (540m, 6-7 mins) — Reputable local primary school within easy walking distance for students.
- AYUSH AYURVEDIC (11m, 1 min) — Wellness and holistic health services located right at your doorstep for daily self-care.
- CARING COMMUNITY CLINIC (80m, 1 min) — Immediate access to medical consultation and healthcare services for the family.
- FARRER PARK HOSPITAL (376m, 4-5 mins) — Major private healthcare facility nearby offering specialized medical services and emergency care.
- CITY SQUARE MALL (621m, 7-8 mins) — Large integrated mall with a wide variety of retail shops, a cinema, and a supermarket for all your lifestyle needs.
- FAIRPRICE (647m, 7-8 mins) — Reliable grocery shopping nearby for fresh produce and daily household essentials.
- SHENG SIONG (699m, 8-9 mins) — Alternative supermarket option known for value and a great selection of local products.
- MUTHULS CURRY (0m, 0 min) — Famous local dining institution located right at the building, perfect for authentic meals anytime.
- GAYATRI RESTAURANT (30m, 1 min) — Popular eatery just steps away, adding to the rich culinary variety of the neighborhood.
- AMBER TANDOOR RESTAURANT (102m, 1-2 mins) — Quality dining option nearby for residents who enjoy diverse flavors and evening meals out.
Race Course 138 presents a unique market profile characterized by a significant adjustment in capital values alongside a productive rental performance.
- PSF Appreciation: S$1,572 → S$1,052 over recent years (-33.08%) from 2023 - 2026.
- Expected Rental Yield: At 4.46%, this reflects a healthy return for investors.
- Transactions: 5 rental transactions in the last 6 months and 2 sale transactions in the last 12 months, indicating modest rental activity and limited sale activity.
- PG Pulse Insight: While the project has seen a downward PSF trend, the healthy rental yield of 4.46% and modest rental activity suggest it remains a functional asset for yield-focused investors.
Published date: August 2, 2026