Blk 32 New Mkt Rd
NEW MKT RD · CENTRAL AREA · Singapore 050032 · D01
Median PSF · 12m
S$670
Median price · 12m
S$375K
Latest sale
S$360K
May 2026
1-year change
-4.7%
Sales · 12m
2
117 all time
Gross yield
7.96%
9 leases
Price history
How this development has traded
Median transacted price and price per square foot by quarter, from every sale on record here.
- Change over window
- +9.1%
- Annualised
- +2.7%
- Transactions
- 14
- 1 year
- -4.7%
- 3 years p.a.
- +1.6%
- 5 years p.a.
- +4.0%
- Median size
- 560 sqft
Against the neighbourhood
How it compares within D01
Raffles Place, Cecil, Marina, People’s Park. All figures are medians over the last 12 months for HDB flats in this district.
| Measure | Blk 32 New Mkt Rd | D01 median | Difference |
|---|---|---|---|
| Median PSF | S$670 | S$817 | -18.0% |
| Median price | S$375K | S$565K | -33.6% |
| Gross rental yield | 7.96% | 7.30% | +0.7 pts |
| 1-year price change | -4.7% | +6.6% | -11.3 pts |
This development trades about 18% below the D01 median price per square foot.
Rental
Rent and yield
From HDB approved subletting contracts published on data.gov.sg.
Median monthly rent
S$3,200
Contracts · 12m
9
Implied annual rent
S$38K
Gross yield
7.96%
| Unit type | Contracts | Median rent |
|---|---|---|
| 3 ROOM | 5 | S$3,500 |
| 2 ROOM | 3 | S$3,000 |
| 4 ROOM | 1 | S$4,200 |
Investment analysis
Investment score 59 / 100
Each component is a percentile rank against every other HDB block in the database. This is an analytical indicator, not financial advice.
59/100
100% of the scoring weight measurable
Every bar is a percentile rank, so 70 means this development sits above roughly 70% of its peers on that factor. Factors we cannot measure are excluded and the remaining weights are rebalanced, rather than scored as zero.
- Valuationweight 22%92
How its median price per square foot compares with its own district.
- Rental yieldweight 20%89
Gross yield against every other development in its segment.
- Locationweight 15%65
Distance to the nearest rail station, plus schools within 1 km. Nearest is Chinatown MRT at 170 m.
- Liquidityweight 15%45
Transactions in the last 12 months — how easily it trades.
- Price momentumweight 18%18
Three-year annualised change in median PSF, or one year where three is unavailable.
- Supply riskweight 10%15
Upcoming units recorded in the same district. Higher score means less competing supply.
The investment score is an analytical indicator computed from transaction and location data. It is not a recommendation, a forecast, or financial advice.
Location
Nearby amenities
Rail stations
- Chinatown MRT170 m
- Maxwell MRT490 m
- Outram Park MRT600 m
- Clarke Quay MRT610 m
Schools within 2 km
- River Valley Primary Schoolprimary1.3 km
Distances are straight-line. Proximity does not determine school admission eligibility.
Supply
Upcoming competition
- CANNINGHILL PIERSDBS Trustee Limited/Legend Commercial Trustee Pte Ltd/Legend Quay Pte Ltd696 units750 m
- Canninghill PiersDBS Trustee Limited/Legend Commercial Trustee Pte Ltd/Legend Quay Pte Ltd696 units790 m
- ASPEN LINQOptimus Hill Pte Ltd18 units1.2 km
- THE AVENIRCarmel Development Pte Ltd376 units1.2 km
- Residential apartmentsTimes Square Mall Pte Ltd/Polaris Time Square Residences Pte Ltd876 units1.4 km
- Residential apartmentsChuan Grove Pte Ltd1,056 units1.4 km
High upcoming supply nearby may increase competition for tenants and buyers.
The record
Transactions at this development
| Month | Type | Price | Size | PSF | Floor | Lease left |
|---|---|---|---|---|---|---|
| May 2026 | 2 ROOM | S$360,000 | 560 sqft | S$643 | 07 TO 09 | 55 yr 11 mo |
| Nov 2025 | 2 ROOM | S$390,000 | 560 sqft | S$697 | 07 TO 09 | 56 yr 5 mo |
| Sep 2025 | 2 ROOM | S$395,000 | 560 sqft | S$706 | 07 TO 09 | 56 yr 6 mo |
| Jun 2025 | 2 ROOM | S$393,333 | 560 sqft | S$703 | 07 TO 09 | 56 yr 9 mo |
| Feb 2025 | 2 ROOM | S$391,888 | 560 sqft | S$700 | 07 TO 09 | 57 yr 2 mo |
| Aug 2024 | 3 ROOM | S$466,000 | 710 sqft | S$656 | 07 TO 09 | 57 yr 8 mo |
| Jun 2024 | 2 ROOM | S$388,000 | 560 sqft | S$693 | 04 TO 06 | 57 yr 11 mo |
| Sep 2023 | 2 ROOM | S$360,000 | 560 sqft | S$643 | 04 TO 06 | 58 yr 7 mo |
| Jun 2023 | 2 ROOM | S$430,000 | 678 sqft | S$634 | 04 TO 06 | 58 yr 10 mo |
| Jan 2023 | 2 ROOM | S$370,800 | 560 sqft | S$662 | 07 TO 09 | 59 yr 2 mo |
| Nov 2022 | 2 ROOM | S$350,000 | 560 sqft | S$625 | 07 TO 09 | 59 yr 5 mo |
| Sep 2022 | 2 ROOM | S$353,000 | 560 sqft | S$631 | 04 TO 06 | 59 yr 7 mo |
| Aug 2022 | 2 ROOM | S$420,000 | 678 sqft | S$619 | 07 TO 09 | 59 yr 9 mo |
| Apr 2022 | 2 ROOM | S$330,000 | 560 sqft | S$590 | 04 TO 06 | 59 yr 11 mo |
| Mar 2021 | 2 ROOM | S$308,000 | 560 sqft | S$550 | 04 TO 06 | 61 yr 1 mo |
| Jan 2021 | 3 ROOM | S$390,000 | 710 sqft | S$549 | 04 TO 06 | 61 yr 3 mo |
| Oct 2020 | 2 ROOM | S$318,000 | 560 sqft | S$568 | 07 TO 09 | 61 yr 5 mo |
| Jun 2018 | 2 ROOM | S$318,000 | 560 sqft | S$568 | 07 TO 09 | 63 yr 10 mo |
| Aug 2017 | 2 ROOM | S$295,000 | 560 sqft | S$527 | 07 TO 09 | 64 yr 7 mo |
| Apr 2017 | 3 ROOM | S$380,000 | 710 sqft | S$535 | 07 TO 09 | 64 yr 11 mo |
| Mar 2017 | 3 ROOM | S$386,000 | 710 sqft | S$543 | 04 TO 06 | 65 yrs |
| Jan 2017 | 3 ROOM | S$428,000 | 710 sqft | S$602 | 07 TO 09 | 65 yr 3 mo |
| Nov 2016 | 3 ROOM | S$410,000 | 710 sqft | S$577 | 04 TO 06 | 65 yrs |
| Jun 2015 | 3 ROOM | S$392,000 | 710 sqft | S$552 | 07 TO 09 | 66 yrs |
| Dec 2014 | 2 ROOM | S$292,000 | 560 sqft | S$522 | 07 TO 09 | 67 yr 1 mo |
| Nov 2014 | 2 ROOM | S$300,000 | 560 sqft | S$536 | 07 TO 09 | 67 yr 2 mo |
| Apr 2014 | 3 ROOM | S$408,000 | 710 sqft | S$574 | 07 TO 09 | 67 yr 9 mo |
| Sep 2013 | 2 ROOM | S$363,000 | 560 sqft | S$649 | 07 TO 09 | 68 yr 4 mo |
| Nov 2012 | 3 ROOM | S$470,000 | 710 sqft | S$662 | 07 TO 09 | 69 yr 2 mo |
| Oct 2012 | 2 ROOM | S$348,000 | 560 sqft | S$622 | 04 TO 06 | 69 yr 3 mo |
| Jan 2012 | 2 ROOM | S$303,000 | 560 sqft | S$541 | 04 TO 06 | 70 yrs |
| May 2011 | 2 ROOM | S$347,000 | 678 sqft | S$512 | 04 TO 06 | 70 yr 8 mo |
| Feb 2011 | 3 ROOM | S$400,000 | 710 sqft | S$563 | 07 TO 09 | 70 yr 11 mo |
| Feb 2011 | 2 ROOM | S$295,000 | 560 sqft | S$527 | 04 TO 06 | 70 yr 11 mo |
| Oct 2010 | 2 ROOM | S$247,000 | 560 sqft | S$441 | 07 TO 09 | 71 yr 3 mo |
| Sep 2010 | 2 ROOM | S$265,000 | 560 sqft | S$473 | 07 TO 09 | 71 yr 4 mo |
| Jul 2010 | 2 ROOM | S$270,000 | 560 sqft | S$482 | 07 TO 09 | 71 yr 6 mo |
| Mar 2010 | 4 ROOM | S$460,000 | 1,119 sqft | S$411 | 04 TO 06 | 71 yr 10 mo |
| Oct 2009 | 3 ROOM | S$295,000 | 710 sqft | S$415 | 04 TO 06 | 72 yr 3 mo |
| Sep 2009 | 2 ROOM | S$195,000 | 560 sqft | S$348 | 04 TO 06 | 72 yr 4 mo |
Showing the 40 most recent of 117 recorded transactions.
Alternatives
Comparable developments nearby
Within 1.5 km, same segment, with recorded activity in the last 12 months.
Blk 34 Upp Cross St
S$683
+5.3%3 sales9.0% yield
Blk 335B Smith St
S$908
-0.5%1 sales6.2% yield
Blk 533 Upp Cross St
S$876
+15.4%4 sales6.8% yield
Blk 536 Upp Cross St
S$825
-1.0%4 sales6.8% yield
Blk 4 Sago Lane
S$693
-2.4%3 sales7.6% yield
Blk 538 Upp Cross St
S$945
+10.1%1 sales6.7% yield
Blk 334 Kreta Ayer Rd
S$878
—2 sales6.1% yield
Blk 535 Upp Cross St
S$832
+0.4%2 sales6.4% yield
Important
Property values shown are estimates generated from available transaction and market data and are not official valuations. Actual transaction prices may differ. Data availability and accuracy depend on the underlying source datasets. Users should conduct their own due diligence and seek professional advice where appropriate.