Race Course 138 - 2 Units for Sale
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$4,400 per unit. Project Name: Race Course 138Type: ApartmentDistrict: 08Configuration: 12 units Unit Types:1 bedroom (400 to 700 square feet)2 bedrooms (900 to 1,300 square feet)3 bedrooms (1,100 to 1,500 square feet)4 bedrooms (1,600 to 1,700 square feet) Other developments that are located in the same neighbourhood as Race Course 138 that are worth checking out includeCitylightsKerrisdaleCity Square ResidencesCavan SuitesForte SuitesCityscape at Farrer Park
Explore PropertyGuru
Current search activity indicates that the project still features in the Farrer Park / Serangoon Rd market's browsing mix, drawing on 30 days of PropertyGuru search activity. This development remains in view for active buyers exploring options within the immediate vicinity, maintaining its presence alongside other local listings. Recent data suggests that while the property is part of the current local search landscape, it serves a specific segment of property seekers looking for opportunities in this district.
Popular preferences: Corner UnitPricing by Unit Types:
- 1-Bedroom Units:
- Avg Asking Price: S$ 750K
- Avg PSF: S$ 1,582 psf (25.17% lower compared to Farrer Park / Serangoon Rd average of S$ 2,114 psf)
- Available Units: 2
Location & Lifestyle Highlights — Race Course 138 470m (6 mins) to FARRER PARK MRT STATION — This station provides a direct link to the North-East Line, making it very easy to reach the city center and major shopping hubs in just a few stops. Race Course 138 offers a rare balance of freehold tenure and city-fringe living, where you can enjoy a quiet home environment while being just minutes away from the vibrant energy of Orchard Road and Little India. It is a practical choice for those who value a central location with everything from heritage dining to modern malls right at their doorstep. Nearby hotspots: MRT Stations (4 within 1 km):
- LITTLE INDIA MRT STATION (443m, 5-6 mins) — A major interchange connecting you to both the North-East and Downtown Lines for a smooth commute across the island.
- JALAN BESAR MRT STATION (811m, 9-10 mins) — Another convenient Downtown Line option that links you directly to the Central Business District and Marina Bay.
- BROADWAY HOTEL (199m, 2-3 mins) — Just a short walk away, offering multiple bus services that connect you quickly to the surrounding city areas.
- FARRER PK STN EXIT D (350m, 4-5 mins) — A handy stop for residents to catch local buses heading towards various parts of the Serangoon and Kallang districts.
- CAREWORKS (68m, 1 min) — A very nearby early learning option that is incredibly convenient for parents with young children.
- FOOCHOW METHODIST PRESCHOOL (121m, 1-2 mins) — A reputable preschool located just around the corner, making the morning school run effortless.
- FARRER PARK PRIMARY SCHOOL (557m, 6-7 mins) — A well-established primary school within easy walking distance for families in the neighborhood.
- AYUSH AYURVEDIC (0m, 0 min) — Wellness services located right at your doorstep for immediate access to traditional health treatments.
- FARRER PARK HOSPITAL (384m, 4-5 mins) — A major modern medical facility nearby providing comprehensive healthcare and specialist services.
- TAYKA MEDICAL (348m, 4-5 mins) — A conveniently located clinic for general medical needs and family healthcare.
- SELVI STORES (522m, 6-7 mins) — A local favorite for daily essentials and unique finds in the heart of the Little India district.
- CITY SQUARE MALL (822m, 9-10 mins) — A large eco-friendly mall featuring a wide range of retail brands, a cinema, and a supermarket for all your lifestyle needs.
- SHENG SIONG (715m, 8-9 mins) — A reliable spot for affordable groceries and household items located just a short stroll away.
- MUTHULS CURRY (0m, 0 min) — Famous local dining right at your building, perfect for enjoying authentic flavors without having to travel.
- GAYATRI RESTAURANT (30m, 1 min) — A popular dining spot just steps away, offering a variety of traditional dishes for a quick and tasty meal.
- AMBER TANDOOR RESTAURANT (102m, 1-2 mins) — Great for evening meals with friends, providing delicious tandoori cuisine very close to home.
Market & Rental Insights
Race Course 138 presents a unique market profile characterized by significant price adjustments and healthy income potential for investors.
- PSF Appreciation:S$1,572 psf → S$1,052 psf over recent years (-33.08%) from 2023 - 2026
- Expected Rental Yield: At 4.73%, this reflects a healthy return for investors.
- Transactions:5 rental transactions in the last 6 months showing modest rental activity.
- PG Pulse Insight: While PSF has seen a downward trend, the project maintains a healthy rental yield of 4.73% despite modest rental activity levels.
Published date: November 4, 2026