Blk 32 New Market Road
About 32 New Mkt Rd
32 New Market Road is an HDB block located in Central Area. It has 2 room and 3 room units and the highest floor is 9. The block was completed in 1968 and the lease with HDB commenced in 1983. This means that the remaining lease period is approximately 65 years 03 months. The unit floor size are 52, 63 and 66sqm. The latest resale transaction was in Aug 2024 and the highest transacted price was recorded in Aug 2024 for a 3 room unit at $466,000.
For secondary education, the nearby schools include Outram Secondary School.
Block 32 is also close to several MRT stations, making it easy to get around Singapore. The following MRT stations are within walking distance of the block : Chinatown MRT Station (NE4), Chinatown MRT Station (DT19) and Maxwell MRT Station (TE18).
There are also 0 bus stops within walking distance of the block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 2 room | $330,000 | $375,225 | $430,000 | 8 |
| 3 room | $466,000 | $466,000 | $466,000 | 1 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 2 room | $1,700 | $2,455 | $3,700 | 11 |
| 3 room | $1,950 | $2,611 | $4,000 | 9 |
| 4 room | $2,000 | $3,100 | $4,200 | 2 |
Resale transactions volume and average price trend (last 3 years)
Below is a quick summary of the resale transactions volume and average price trends for the 2 room and 3 room units at 32 New Market Road.
- 2 room sales : Stable or no visible trend
- 3 room sales : Stable or no visible trend
- 2 room price : Trending up
- 3 room price : Stable or no visible trend
Resale transaction details and prices
There were a total of 9 resale transactions in the last 3 years for units in block 32 New Market Road, with the latest one recorded in Aug 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Aug 2024 | $466,000 | $7,061 | 3 Room | Blk 32 New Market Road 3 Room / 66 sqm | 07 to 09 | 66 sqm | Standard | 1983 |
| Jun 2024 | $388,000 | $7,462 | 2 Room | Blk 32 New Market Road 2 Room / 52 sqm | 04 to 06 | 52 sqm | Standard | 1983 |
| Sep 2023 | $360,000 | $6,923 | 2 Room | Blk 32 New Market Road 2 Room / 52 sqm | 04 to 06 | 52 sqm | Standard | 1983 |
| Jun 2023 | $430,000 | $6,825 | 2 Room | Blk 32 New Market Road 2 Room / 63 sqm | 04 to 06 | 63 sqm | Standard | 1983 |
| Jan 2023 | $370,800 | $7,131 | 2 Room | Blk 32 New Market Road 2 Room / 52 sqm | 07 to 09 | 52 sqm | Standard | 1983 |
| Nov 2022 | $350,000 | $6,731 | 2 Room | Blk 32 New Market Road 2 Room / 52 sqm | 07 to 09 | 52 sqm | Standard | 1983 |
| Sep 2022 | $353,000 | $6,788 | 2 Room | Blk 32 New Market Road 2 Room / 52 sqm | 04 to 06 | 52 sqm | Standard | 1983 |
| Aug 2022 | $420,000 | $6,667 | 2 Room | Blk 32 New Market Road 2 Room / 63 sqm | 07 to 09 | 63 sqm | Standard | 1983 |
| Apr 2022 | $330,000 | $6,346 | 2 Room | Blk 32 New Market Road 2 Room / 52 sqm | 04 to 06 | 52 sqm | Standard | 1983 |
Rental transactions volume and average rental price trend (last 3 years)
Here's a summary of the rental transactions and price trends for the 2 room and 3 room units at 32 New Market Road.
- 2 room rental : Trending down
- 3 room rental : Trending up
- 4 room rental : Stable trend
- 2 room rental price : Trending down
- 3 room rental price : Trending up
- 4 room rental price : Trending up
Rental transaction details and prices
There were a total of 22 rental transactions in the last 3 years for units in block 32 New Market Road. The latest recorded one was in Aug 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Aug 2024 | $3,400 | 3 Room | Blk 32 New Market Road 3 Room | Central Area |
| May 2024 | $2,150 | 2 Room | Blk 32 New Market Road 2 Room | Central Area |
| Jan 2024 | $2,400 | 3 Room | Blk 32 New Market Road 3 Room | Central Area |
| Dec 2023 | $2,700 | 2 Room | Blk 32 New Market Road 2 Room | Central Area |
| Oct 2023 | $2,000 | 3 Room | Blk 32 New Market Road 3 Room | Central Area |
| Sep 2023 | $1,950 | 2 Room | Blk 32 New Market Road 2 Room | Central Area |
| Aug 2023 | $2,000 | 2 Room | Blk 32 New Market Road 2 Room | Central Area |
| Jul 2023 | $2,800 | 2 Room | Blk 32 New Market Road 2 Room | Central Area |
| Jul 2023 | $2,300 | 3 Room | Blk 32 New Market Road 3 Room | Central Area |
| Jul 2023 | $4,000 | 3 Room | Blk 32 New Market Road 3 Room | Central Area |
| Jun 2023 | $2,600 | 2 Room | Blk 32 New Market Road 2 Room | Central Area |
| May 2023 | $3,200 | 3 Room | Blk 32 New Market Road 3 Room | Central Area |
| May 2023 | $1,700 | 2 Room | Blk 32 New Market Road 2 Room | Central Area |
| Apr 2023 | $4,200 | 4 Room | Blk 32 New Market Road 4 Room | Central Area |
| Feb 2023 | $2,600 | 2 Room | Blk 32 New Market Road 2 Room | Central Area |
| Jan 2023 | $2,300 | 3 Room | Blk 32 New Market Road 3 Room | Central Area |
| Nov 2022 | $1,950 | 3 Room | Blk 32 New Market Road 3 Room | Central Area |
| Nov 2022 | $1,800 | 2 Room | Blk 32 New Market Road 2 Room | Central Area |
| Nov 2022 | $3,700 | 2 Room | Blk 32 New Market Road 2 Room | Central Area |
| Oct 2022 | $3,000 | 2 Room | Blk 32 New Market Road 2 Room | Central Area |
| Mar 2022 | $2,000 | 4 Room | Blk 32 New Market Road 4 Room | Central Area |
| Feb 2022 | $1,950 | 3 Room | Blk 32 New Market Road 3 Room | Central Area |
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Property information for 32 New Market Road
| Block | : | 32 |
| Street | : | New Market Road |
| Building | : | People's Park Food Centre |
| Postal code | : | 050032 |
| Town | : | Central Area |
| Recorded transactions floor area | : | 52 sqm, 63 sqm, 66 sqm |
| Recorded transactions flat types | : | 2 Room, 3 Room |
| Recorded transactions flat models | : | Standard |
| Lease commencement | : | 1983 |
| Year completed | : | 1968 |
| Max. Floor | : | 9 |
| Residential? | : | Y |
| Commercial? | : | Y |
| Market or hawker centre? | : | Y |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |
