PropHerald

CHELSEA GROVE

MARTABAN ROAD

Private development · D12 in the October 2026 private residential report

At a glance

Tenure

Freehold

Median psf (12 mo)

S$1,387

Plot ratio

3.0 (MP2025)

Zoning & plot ratio by Master Plan

Master PlanPlot ratioLand use
MP20033.0COMMERCIAL & RESIDENTIAL
MP20083.0COMMERCIAL & RESIDENTIAL
MP20143.0COMMERCIAL & RESIDENTIAL
MP20193.0COMMERCIAL & RESIDENTIAL
MP20253.0COMMERCIAL & RESIDENTIAL

Location

Blocks in this development

2 Martaban Road · 341 Balestier Road

Transactions

2 sales in the last 12 months

MonthTypeLevelArea m² PriceS$ psfSale type
Sep 2026Apartment01-05 89S$1,480,000 1545Resale
Oct 2025Apartment01-05 139S$1,840,000 1230Resale
Apr 2025Apartment01-05 91S$1,454,000 1484Resale
Jun 2024Apartment06-10 185S$1,600,000 803Resale
Jul 2023Apartment06-10 89S$1,500,000 1566Resale
Jun 2022Apartment01-05 88S$1,400,000 1478Resale
Feb 2022Apartment01-05 139S$1,700,000 1136Resale
Nov 2021Apartment01-05 89S$1,388,000 1449Resale

Price trend

S$800S$1,200S$1,600202120242026— median— average S$ psf2021 · S$1,449 average psf · 1 sales2022 · S$1,307 average psf · 2 sales2023 · S$1,566 average psf · 1 sales2024 · S$803 average psf · 1 sales2025 · S$1,357 average psf · 2 sales2026 · S$1,545 average psf · 1 sales2021 · S$1,449 median psf · 1 sales2022 · S$1,307 median psf · 2 sales2023 · S$1,566 median psf · 1 sales2024 · S$803 median psf · 1 sales2025 · S$1,357 median psf · 2 sales2026 · S$1,545 median psf · 1 salesS$1,545

This project trades ≈ 23% below the District 12 12-month median (S$ psf).

Median S$ psf is down ≈ 7% on the previous 12 months.

Last 12 months by type

Property typeSales Median priceMedian S$ psf
Apartment2 S$1,660,0001387

Median price by year

YearSalesMedian price
20261S$1,480,000
20252S$1,647,000
20241S$1,600,000
20231S$1,500,000
20222S$1,550,000
20211S$1,388,000