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Central Area · HDB · S050032

Blk 32 New Mkt Rd

Completed 1968 · 9 storeys · 127 flats · 55 years 11 months remaining · 22 resale transactions on record · market/hawker in block

2 room
$391,888
5 sold · $360,000$395,000
$700 psf
3 room
$466,000
1 sold · $466,000$466,000
$656 psf
Vs Central Area
-17.7%
block PSF vs town median · last sale May 2026
#25 of 33 Central Area blocks by 3-yr gain (+11%)
3D →
New Mkt Rd, Central Area · 1 km P1 ring · mrt · food · park · mall · health · zones: parks, commercial, reserve — hover
Flat mix · 127 homes
2-room
85 · 67%
3-room
38 · 30%
4-room
3 · 2%
Rental
1 · 1%

9 storeys · completed 1968 · market/hawker in block · shops below

What the record shows

The last seller’s gain

A 2-room here sold for $360,000 in May 2026. The same flat type in this block averaged $318,667 in 2020 a gain of $41,333 — about $19 a day while the owner slept.

The lease cliff

This block crossed 60 years remaining in 2022 — the line where CPF usage rules tighten for buyers. In Central Area over the last two years, flats below that line sold at a median 44% below their younger neighbours' PSF (224 sales).

Rent check

What flats in this block actually rented for in the last 12 months — official approvals, not listings. If you’re quoted much more, you have a number to negotiate with.

TypeBlock medianRangeCentral Area medianGross yieldRented
2-ROOM$2,800/mo$2,000$3,2005
3-ROOM$2,650/mo$2,220$4,2005
4-ROOM$4,200/mo$4,200$4,2001

Price trend

median PSF by year · ━ this block · ╌ Central Area · gaps = years with no sales here

$523$703$884201720182020202220242026

Every recent sale HDB official record, latest 22

MonthTypeStoreyArea (sqm)PricePSFLease left
May 20262 ROOM07 to 0952$360,000$64355y 11m
Nov 20252 ROOM07 to 0952$390,000$69756y 05m
Sept 20252 ROOM07 to 0952$395,000$70656y 06m
Jun 20252 ROOM07 to 0952$393,333$70356y 09m
Feb 20252 ROOM07 to 0952$391,888$70057y 02m
Aug 20243 ROOM07 to 0966$466,000$65657y 08m
Jun 20242 ROOM04 to 0652$388,000$69357y 11m
Sept 20232 ROOM04 to 0652$360,000$64358y 07m
Jun 20232 ROOM04 to 0663$430,000$63458y 10m
Jan 20232 ROOM07 to 0952$370,800$66259y 02m
Nov 20222 ROOM07 to 0952$350,000$62559y 05m
Sept 20222 ROOM04 to 0652$353,000$63159y 07m
Aug 20222 ROOM07 to 0963$420,000$61959y 09m
Apr 20222 ROOM04 to 0652$330,000$59059y 11m
Mar 20212 ROOM04 to 0652$308,000$55061y 01m
Jan 20213 ROOM04 to 0666$390,000$54961y 03m
Oct 20202 ROOM07 to 0952$318,000$56861y 05m
Jun 20182 ROOM07 to 0952$318,000$56863y 10m
Aug 20172 ROOM07 to 0952$295,000$52764y 07m
Apr 20173 ROOM07 to 0966$380,000$53564y 11m
Mar 20173 ROOM04 to 0666$386,000$54365y
Jan 20173 ROOM07 to 0966$428,000$60265y 03m

The neighbourhood

What sits around this address — distances computed from official OneMap and LTA records.

MRT
Chinatown DT19,NE4 · 112m — weekday mornings, riders head to Downtown, Harbourfront, Bayfront (LTA)
Secondary
Outram Secondary School · 634m
Food
New Market Road Blk 32 (People'S Park Food Centre) · 0m8 hawker centres within 1km
Green
Pearl'S Hill City Pk · 284m12 parks within 1km
Mall
Ue Shopping Mall · 863m
Health
Singhealth Polyclinics (Outram Polyclinic) (polyclinic) · 765m

The neighbourhood, photographed

freely-licensed photographs taken within ~450 m · Wikimedia Commons

People's Park Complex in Chinatown (14004300783)Nicolas Lannuzel from Singapore, S · CC BY-SA 2.0
NE4 DT19 Chinatown MRT Exit C 20210201 134234ZKang123 · CC BY-SA 4.0
People's Park Food Centre, exteriorKbseah · CC BY-SA 4.0

Condos nearby

The private premium, measured: the nearest condo trades at 2.0×this block’s PSF.

See Blk 32 New Mkt Rd in 3D

Fly into the neighbourhood — every condo around your block, colour-coded by price, yield and gains. Ask the AI anything about the area.

See it in 3D — free
Data: HDB resale transactions via data.gov.sg (updated weekly), OneMap. Prices are the official resale record — not estimates, not listings.
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