Blk 32 New Mkt Road — HDB resale prices
HDB resale prices, Central Area · 2-Room · built 1968
median resale price, last 24 months
5 sales in that window · as of Sep 2026
How it compares
Blk 32 New Mkt Road is an HDB block in Central Area (completed in 1968, 9 storeys, 127 units). As of Sep 2026, its median resale price over the last 24 months is $391,888, about 48% below the Central Area median, from 5 sales. 117 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): 2-room ×85 · 3-room ×38 · 4-room ×3
Prices by flat type — last 24 months (as of Sep 2026)
Median monthly rent at this block: $3,350/mo (8 rental contracts, last 12 months).
Estimated gross rental yield: ~10.3% (Central Area average: ~5.4%) — annual median rent over median resale price, before taxes, fees and vacancy.
On price per square metre, this block is cheaper than 69% of Central Area blocks with recent sales.
What the price model says
For a typical 2-room flat here, our price model estimates $426,489–$476,802 (central estimate $451,645). Recent sales — median $390,000 — sit below that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.
Median resale price by year
| Year | Median (nominal) | Median (today's $) | Sales |
|---|---|---|---|
| 1990 | $35,750 | $66,928 | 4 |
| 1991 | $30,000 | $54,296 | 5 |
| 1992 | $25,000 | $44,253 | 1 |
| 1993 | $45,000 | $77,872 | 1 |
| 1994 | $68,000 | $114,142 | 5 |
| 1995 | $90,500 | $149,333 | 6 |
| 1996 | $94,000 | $152,997 | 6 |
| 1997 | $119,500 | $190,645 | 4 |
| 1998 | $117,500 | $187,965 | 6 |
| 1999 | $85,000 | $135,943 | 5 |
| 2000 | $98,000 | $154,648 | 5 |
| 2001 | $101,000 | $157,783 | 6 |
| 2003 | $152,500 | $238,012 | 2 |
| 2004 | $126,000 | $193,418 | 3 |
| 2005 | $183,000 | $279,594 | 7 |
| 2006 | $153,500 | $232,279 | 2 |
| 2007 | $182,000 | $269,715 | 3 |
| 2008 | $197,000 | $273,778 | 4 |
| 2009 | $248,000 | $342,639 | 4 |
| 2010 | $267,500 | $359,413 | 4 |
| 2011 | $347,000 | $442,966 | 3 |
| 2012 | $348,000 | $424,783 | 3 |
| 2013 | $363,000 | $432,860 | 1 |
| 2014 | $300,000 | $354,075 | 3 |
| 2015 | $392,000 | $465,089 | 1 |
| 2016 | $410,000 | $489,033 | 1 |
| 2017 | $383,000 | $454,208 | 4 |
| 2018 | $318,000 | $375,477 | 1 |
| 2020 | $318,000 | $374,002 | 1 |
| 2021 | $349,000 | $401,170 | 2 |
| 2022 | $351,500 | $380,703 | 4 |
| 2023 | $370,800 | $383,090 | 3 |
| 2024 | $427,000 | $430,856 | 2 |
| 2025 | $392,610 | $392,610 | 4 |
| 2026 | $360,000 | $360,000 | 1 |
Records
| Record sale | $470,000 (3-Room, 2012-11) |
|---|---|
| First recorded sale | $41,500 (1990-02) |
| Busiest year | 2005 · 7 sales |
| 10-year change (real) | -26% (-3.0%/yr, 2016→2026) |
| Total transacted | $23.3M across 117 sales |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2026-05 | 2-Room | 07–09 | 52 m² | $360,000 |
| 2025-11 | 2-Room | 07–09 | 52 m² | $390,000 |
| 2025-09 | 2-Room | 07–09 | 52 m² | $395,000 |
| 2025-06 | 2-Room | 07–09 | 52 m² | $393,333 |
| 2025-02 | 2-Room | 07–09 | 52 m² | $391,888 |
| 2024-08 | 3-Room | 07–09 | 66 m² | $466,000 |
| 2024-06 | 2-Room | 04–06 | 52 m² | $388,000 |
| 2023-09 | 2-Room | 04–06 | 52 m² | $360,000 |
| 2023-06 | 2-Room | 04–06 | 63 m² | $430,000 |
| 2023-01 | 2-Room | 07–09 | 52 m² | $370,800 |
| 2022-11 | 2-Room | 07–09 | 52 m² | $350,000 |
| 2022-09 | 2-Room | 04–06 | 52 m² | $353,000 |
| 2022-08 | 2-Room | 07–09 | 63 m² | $420,000 |
| 2022-04 | 2-Room | 04–06 | 52 m² | $330,000 |
| 2021-03 | 2-Room | 04–06 | 52 m² | $308,000 |
| 2021-01 | 3-Room | 04–06 | 66 m² | $390,000 |
| 2020-10 | 2-Room | 07–09 | 52 m² | $318,000 |
| 2018-06 | 2-Room | 07–09 | 52 m² | $318,000 |
| 2017-08 | 2-Room | 07–09 | 52 m² | $295,000 |
| 2017-04 | 3-Room | 07–09 | 66 m² | $380,000 |
Quick answers
How much does a flat at Blk 32 New Mkt Road cost?
The median resale price over the last 24 months is $391,888 (5 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.
Is Blk 32 New Mkt Road fairly priced?
For a typical 2-room flat here, our price model estimates $426,489–$476,802 (central estimate $451,645). Recent sales — median $390,000 — sit below that range.
What is the rent at Blk 32 New Mkt Road?
The median monthly rent is $3,350/mo over the last 12 months (8 contracts).
How old is Blk 32 New Mkt Road?
The block was completed in 1968 and its 99-year lease runs from 1983.