Block 32 New Mkt Rd
32 New Mkt Rd
Block 32 New Mkt Rd is an HDB block in Central Area, completed in 1968, with 127 dwelling units. Across 117 resales on record, 2-Room flats have recently resold around S$388k (S$656 psf, 52 sqm). The lease has approximately 56 years remaining.
What are the key facts about Block 32 New Mkt Rd?
Block 32 New Mkt Rd is an HDB block in Central Area, completed in 1968, with 127 dwelling units.
- Town
- Central Area
- Planning area
- —
- Completed
- 1968
- Storeys
- 9
- Total units
- 127
- Flat model
- Standard · Adjoined Flat
- Market segment
- —
- Median resale
- S$388k
- Last transacted
- May 2026
- Remaining lease
- ≈ 56 years
What are resale prices at Block 32 New Mkt Rd?
2-Room flats have recently resold around S$388k (S$656 psf), from 117 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 2-Room | 88 | S$388,000recent | 52 sqm | S$643 psf |
| 3-Room | 26 | S$392,000recent | 66 sqm | S$552 psf |
| 4-Room | 3 | S$351,888recent | 104 sqm | S$314 psf |
“Recent” medians use the latest transactions; for older blocks the all-time median spans 30+ years and understates today’s price. Source: HDB resale caveats, through May 2026.
What rent and yield does Block 32 New Mkt Rd get?
Flats at Block 32 New Mkt Rd have recently sublet for a median of S$2,500/mo, an indicative gross rental yield of about 7.7% (from 24 recent rental contracts).
Median rent
S$2,500/mo
24 recent contracts
Gross rental yield
7.7%
indicative, gross
Annual rent
S$30,000
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| 3-Room | 20 | S$2,300/mo |
| 4-Room | 3 | S$4,200/mo |
| 2-Room | 24 | S$2,150/mo |
HDB subletting requires the flat owner to have met the 5-year Minimum Occupation Period (MOP), so the rental sample per block is small — treat the yield as indicative. Latest contract May 2026. Source: HDB rental (subletting) data.
What has recently sold at Block 32 New Mkt Rd?
Block 32 New Mkt Rd has 117 recorded resales; the most recent transacted at S$360,000 in May 2026 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| May 2026 | 2-Room | 07 TO 09 | 52 sqm | S$360,000 |
| Nov 2025 | 2-Room | 07 TO 09 | 52 sqm | S$390,000 |
| Sept 2025 | 2-Room | 07 TO 09 | 52 sqm | S$395,000 |
| Jun 2025 | 2-Room | 07 TO 09 | 52 sqm | S$393,333 |
| Feb 2025 | 2-Room | 07 TO 09 | 52 sqm | S$391,888 |
| Aug 2024 | 3-Room | 07 TO 09 | 66 sqm | S$466,000 |
| Jun 2024 | 2-Room | 04 TO 06 | 52 sqm | S$388,000 |
| Sept 2023 | 2-Room | 04 TO 06 | 52 sqm | S$360,000 |
| Jun 2023 | 2-Room | 04 TO 06 | 63 sqm | S$430,000 |
| Jan 2023 | 2-Room | 07 TO 09 | 52 sqm | S$370,800 |
| Nov 2022 | 2-Room | 07 TO 09 | 52 sqm | S$350,000 |
| Sept 2022 | 2-Room | 04 TO 06 | 52 sqm | S$353,000 |
What flat types are in Block 32 New Mkt Rd?
Block 32 New Mkt Rd has 127 units, mostly 2-Room flats of the Standard / Adjoined Flat model.
Unit stock by flat type, from the HDB property information dataset.
Where is Block 32 New Mkt Rd?
Block 32 New Mkt Rd is an HDB block in Central Area.
Block 32 New Mkt Rd is an HDB block located along New Mkt Rd. The block is recorded as completed around 1968, with up to 9 storeys. It has an estimated 127 residential units based on the HDB property information dataset. Flat types in the block include 2-room, 3-room, and 4-room units.
The address is Block 32 New Mkt Rd.
What does it cost to buy a flat at Block 32 New Mkt Rd?
Buying a flat at Block 32 New Mkt Rd (~S$388k) needs about S$3,093/mo in income and S$1,457/mo in repayments, after S$6,240 stamp duty and a S$97k downpayment.
Illustrative, for a buyer at the recent median resale price (S$388k) — 25% downpayment (bank-loan basis), 25-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →
Buyer's Stamp Duty
S$6,240
BSD, tiered
Downpayment (25%)
S$97k
cash + CPF
Monthly instalment
S$1,457/mo
25y @ 3.5%
Income required
S$3,093/mo
MSR/TDSR @ stress rate
First-time HDB buyers pay no Additional Buyer’s Stamp Duty (ABSD) and may qualify for CPF Housing Grants of up to S$80,000+, which lower the cash required — these are not included above. An HDB concessionary loan also allows a smaller downpayment.
Wondering whether it will hold its value? See do HDB flats actually make money? →
Eyeing Block 32 New Mkt Rd? Ask what it's worth.
Recent transacted prices, what's nearby, and whether an asking price is fair.
PropKakiRecent sales at Block 32 New Mkt Rd land close to the town median — fair value, no big premium.
Frequently asked questions about Block 32 New Mkt Rd
How much does a 2-Room flat at Block 32 New Mkt Rd cost?⌄
2-Room flats at Block 32 New Mkt Rd have recently resold for a median of about S$388k (S$656 psf), from 117 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
What are resale prices at Block 32 New Mkt Rd by flat type?⌄
2-Room ≈ S$388k; 3-Room ≈ S$392k; 4-Room ≈ S$352k (median resale, HDB caveats).
Is Block 32 New Mkt Rd worth buying given its remaining lease?⌄
Block 32 New Mkt Rd has about 56 years left on its 99-year lease (completed 1968). Below ~60 years, CPF usage and the maximum loan start to taper with the buyer's age, so check financing before committing. The figure is taken from the most recent transacted flat.
What is the rental yield at Block 32 New Mkt Rd?⌄
Gross rental yield at Block 32 New Mkt Rd is about 7.7%, based on a median subletting rent of about S$2,500/mo against a resale price of about S$388k. HDB subletting requires the owner to have met the 5-year MOP, so the per-block sample is small — treat this as indicative.
How much do I need to earn to buy a flat at Block 32 New Mkt Rd?⌄
For a flat at about S$388k on a 25-year HDB-style loan, you'd need roughly S$3,093/mo in household income, with repayments around S$1,457/mo after a S$97k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.