Block 32 New Market Road
Block 32 New Market Road has 22 recorded HDB resale transactions since 2017. Latest sale: $360,000 (May 2026, 2 room, floors 07–09). Median $6,760/sqm. Prices up 27.2% over the past five years. Built 1983, 55 years lease remaining.
How this block compares
- 2 Room$390,000+11.4%vs town(+$40k)+4.0%vs national(+$15k)
Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.
What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.
| Flat type | Median rent /mo | Gross yield | Based on |
|---|---|---|---|
| 2-Room | $2,700 typically $2,250–$2,950 | 8.3% | 6 rentals here |
| 3-Room | $2,650 typically $2,300–$3,500 | 6.8% | 5 rentals here |
No popular school is within 1 km, but 4sit in the 1–2 km second-priority band.
- This home
- School within 1 km
- School 1–2 km
- 1km ring, top priority
- 2km ring, next tier
Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.
Other HDB blocks closest to Block 32 New Market Road in Central Area, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| May 2026 | 07 TO 09 | 2 ROOM | 52 sqm | $360,000 | $6,923 |
| Nov 2025 | 07 TO 09 | 2 ROOM | 52 sqm | $390,000 | $7,500 |
| Sep 2025 | 07 TO 09 | 2 ROOM | 52 sqm | $395,000 | $7,596 |
| Jun 2025 | 07 TO 09 | 2 ROOM | 52 sqm | $393,333 | $7,564 |
| Feb 2025 | 07 TO 09 | 2 ROOM | 52 sqm | $391,888 | $7,536 |
| Aug 2024 | 07 TO 09 | 3 ROOM | 66 sqm | $466,000 | $7,061 |
| Jun 2024 | 04 TO 06 | 2 ROOM | 52 sqm | $388,000 | $7,462 |
| Sep 2023 | 04 TO 06 | 2 ROOM | 52 sqm | $360,000 | $6,923 |
| Jun 2023 | 04 TO 06 | 2 ROOM | 63 sqm | $430,000 | $6,825 |
| Jan 2023 | 07 TO 09 | 2 ROOM | 52 sqm | $370,800 | $7,131 |
| Nov 2022 | 07 TO 09 | 2 ROOM | 52 sqm | $350,000 | $6,731 |
| Sep 2022 | 04 TO 06 | 2 ROOM | 52 sqm | $353,000 | $6,788 |
| Aug 2022 | 07 TO 09 | 2 ROOM | 63 sqm | $420,000 | $6,667 |
| Apr 2022 | 04 TO 06 | 2 ROOM | 52 sqm | $330,000 | $6,346 |
| Mar 2021 | 04 TO 06 | 2 ROOM | 52 sqm | $308,000 | $5,923 |
| Jan 2021 | 04 TO 06 | 3 ROOM | 66 sqm | $390,000 | $5,909 |
| Oct 2020 | 07 TO 09 | 2 ROOM | 52 sqm | $318,000 | $6,115 |
| Jun 2018 | 07 TO 09 | 2 ROOM | 52 sqm | $318,000 | $6,115 |
| Aug 2017 | 07 TO 09 | 2 ROOM | 52 sqm | $295,000 | $5,673 |
| Apr 2017 | 07 TO 09 | 3 ROOM | 66 sqm | $380,000 | $5,758 |
About Block 32 New Market Road
Block 32 New Market Road in Central Area dates to 1983 and now has roughly 55 years of lease remaining, which makes lease decay the central consideration for buyers. Its median sits about 23% below the Central Area median, cheaper than about 87% of the town's blocks. It has a regular flow of resale activity, with 22 transactions since 2017 across 2 room, 3 room flats priced from $295,000 to $466,000. The most recent transaction was a 2 room flat on storeys 07 TO 09 at $360,000 in May 2026, and the median works out to $6,760/sqm. Over five years, prices here are up about 27.2%. All transaction data is sourced from data.gov.sg and updated monthly.
Frequently Asked Questions
How much is an HDB flat at Block 32 New Market Road worth?
The most recent resale transaction at Block 32 New Market Road was $360,000 for a 2 room flat in 2026-05. The median price per square metre across all flat types is $6,760, based on 22 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 32 New Market Road?
Block 32 New Market Road was built in 1983 and has approximately 55 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.60%, meaning the leasehold value decreases by approximately 0.60% per year at the current remaining lease.
What flat types are available at Block 32 New Market Road?
Block 32 New Market Road in Central Area contains 2 room, 3 room flats. Resale prices range from $295,000 to $466,000 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 32 New Market Road gone up or down?
Resale prices at Block 32 New Market Road have increased by approximately 27.2% over the past five years. The current median price is $383,000, with the most recent sale at $360,000 in 2026-05.