Central Area

New Mkt Road HDB prices and rents

Compare New Mkt Road resale and rental history by flat type, storey range, floor area, remaining lease, monthly rent, block and recent prices.

HDB resale data from Feb 1990 to May 2026. HDB rental data from Jan 2021 to May 2026. Source: HDB datasets on data.gov.sg.

Resales 117 Feb 1990 to May 2026
All-time median price $146,000 $239 psf median
Median monthly rent $2,300 $2,454 average rent
Rentals 55 Jan 2021 to May 2026

How New Mkt Road resale prices compare

This page shows 117 HDB resale sales on New Mkt Road. The all-time median resale price is $146,000, while the latest 12-month median is $391,667.

Street vs estate 41% below

New Mkt Road latest 12-month median resale price is $391,667, 41% below the Central Area estate median of $660,000.

Street vs Singapore 38% below

Against the Singapore HDB latest 12-month median of $629,888, this street sits 38% below.

Latest 12M resale +6.2%

Average resale prices are +6.2% above the prior 12-month window, moving from $364,583 to $387,335.

Rent position 22% below

Latest 12-month median rent is $2,725, 22% below the comparable estate or national HDB rent benchmark.

Latest 12M rent +7.1%

Average monthly rent is +7.1% above the prior 12-month window, moving from $2,633 to $2,821.

Rent stability Wide rent swings

Active monthly median rents ranged from $1,850 to $4,200 across the latest 12 active months, a +83% band.

Highest block median Block 32

Block 32 has the highest block median resale price on this street at $146,000 across 117 sales.

Storey premium -26%

07 TO 09 recorded a median of $135,000 versus $181,500 for 04 TO 06, a -26% difference within this street's sales mix.

Best resale sample 2-room

2-room flats have the deepest resale sample on this street with 88 sales.

Best rent sample 2-room

2-room flats have the deepest rental sample on this street with 32 rentals.

Block coverage 1 blocks

New Mkt Road has resale evidence across 1 blocks, so block-level medians matter before judging one asking price.

What this means for New Mkt Road

  • New Mkt Road sits 41% below the Central Area latest 12-month estate median, and 38% below the national HDB latest 12-month median.
  • Latest 12-month resale pricing is +6.2% above the prior 12-month window, so offers should be checked against both recent sales and the street's longer all-time evidence.
  • Rental evidence puts the latest 12-month median rent at $2,725, 22% below the comparable estate or national rent benchmark.
  • Rental movement is +7.1% above the prior 12-month window, which is useful when deciding whether an asking rent is fair or simply ahead of the street evidence.
  • Rent stability looks like wide rent swings, with active monthly medians between $1,850 and $4,200 across the latest 12 active months.
  • Block 32 is the highest block median on this street at $146,000, but block-level depth should still be checked before treating it as the whole-street benchmark.
  • Storey premium is visible in this street's mix: 07 TO 09 median pricing is -26% versus 04 TO 06.
Buyer check Start with block context

Use the latest 12-month street median of $391,667, then check the block directory before judging a specific resale asking price.

Flat type check Compare like-for-like

2-room flats carry the deepest resale sample here. Storey range and remaining lease still need a separate check.

Rent check Use recent rent carefully

The latest 12-month median rent is $2,725. Compare flat type and block where the data is available.

2026 YTD $360,000 1 sales · $643 psf
Latest 12M $391,667 4 sales · $699 psf
All-time $146,000 117 sales · $239 psf

How New Mkt Road rents compare

This page shows 55 HDB rental approvals on New Mkt Road. The all-time median monthly rent is $2,300, while the latest 12-month median rent is $2,725.

2026 YTD rent $3,850 $3,638 average · 4 rentals
Latest 12M rent $2,725 $2,902 average · 12 rentals
All-time rent $2,300 $2,454 average · 55 rentals

New Mkt Road location

Nearby MRT stations, schools and daily conveniences around New Mkt Road in Central Area.

Open Google Maps
HDB area MRT School Amenities

Nearby

Approximate distance from the HDB location. Walking, driving and transit routes may differ.

Closest MRT

CHINATOWN MRT STATION (NE4) 0.11 km away
CHINATOWN MRT STATION 0.12 km away
CHINATOWN MRT STATION (DT19) 0.3 km away

Schools nearby

OUTRAM SECONDARY SCHOOL 0.63 km away
CANTONMENT PRIMARY SCHOOL 1.09 km away
RIVER VALLEY PRIMARY SCHOOL 1.28 km away
ZHANGDE PRIMARY SCHOOL 1.85 km away

Amenities

UE SHOPPING MALL Mall / retail - 0.86 km away
FAIRPRICE FINEST THE CENTREPOINT Daily needs - 1.89 km away
ALEXANDRA PARK CONNECTOR Park / green link - 2.13 km away
HAWKER CENTRE (BLK 1 JALAN KUKOH) Food centre - 0.47 km away

Resale by flat type

Compare like-for-like before judging a resale asking price.

1 2-room 88 sales $123,500
2 3-room 26 sales $189,750
3 4-room 3 sales $351,888

Rent by flat type

Use flat type before judging whether an HDB asking rent is fair.

1 2-room 32 rentals $2,075
2 3-room 20 rentals $2,300
3 4-room 3 rentals $4,200

Storey range

Floor level can shift pricing, especially on streets with many blocks.

1 07 TO 09 73 sales $135,000
2 04 TO 06 44 sales $181,500

Rental blocks on New Mkt Road

Block-level rent is useful when available, but thinner blocks should be read as directional evidence only.

Block 32 $2,300 55 rentals · $2,454 average

Most active resale blocks on New Mkt Road

These are the blocks with the deepest resale transaction history. Use the full block directory below for smaller blocks.

Block 32 $146,000 117 sales · $239 psf

All HDB blocks on New Mkt Road

Search a block number or postal code, then compare resale depth, median price, rent evidence and the latest transaction month.

1 blocks
Block Resale sales Median resale Median PSF Rentals Median rent Latest month
Blk 32 S(050032) 117 $146,000 $239 0 - May 2026

Recent New Mkt Road rental approvals

Rental amounts are owner-declared and not verified by HDB, so use this table as directional rent evidence.

Month Block Flat type Monthly rent
May 2026 32 3-room $3,500
Apr 2026 32 4-room $4,200
Feb 2026 32 3-room $2,650
Jan 2026 32 3-room $4,200
Dec 2025 32 2-room $3,200
Dec 2025 32 3-room $2,220
Nov 2025 32 2-room $3,000
Oct 2025 32 2-room $2,150
Sept 2025 32 2-room $2,000
Aug 2025 32 2-room $2,800
Jul 2025 32 3-room $2,300
Jun 2025 32 2-room $2,600
Apr 2025 32 2-room $1,850
Feb 2025 32 3-room $2,300
Jan 2025 32 2-room $2,900
Jan 2025 32 2-room $2,500
Dec 2024 32 3-room $3,500
Aug 2024 32 3-room $3,400
May 2024 32 2-room $2,150
Jan 2024 32 3-room $2,400
Dec 2023 32 2-room $2,700
Oct 2023 32 3-room $2,000
Sept 2023 32 2-room $1,950
Aug 2023 32 2-room $2,000
Jul 2023 32 3-room $4,000
Jul 2023 32 2-room $2,800
Jul 2023 32 3-room $2,300
Jun 2023 32 2-room $2,600
May 2023 32 3-room $3,200
May 2023 32 2-room $1,700

Recent New Mkt Road resale transactions

Use recent transactions as evidence, then adjust for renovation, unit condition, view, floor level and lease balance.

Month Block Flat type Storey Area Remaining lease Resale price PSF
May 2026 32 2-room 07 TO 09 52 sqm 55 years 11 months $360,000 $643
Nov 2025 32 2-room 07 TO 09 52 sqm 56 years 05 months $390,000 $696
Sept 2025 32 2-room 07 TO 09 52 sqm 56 years 06 months $395,000 $705
Jun 2025 32 2-room 07 TO 09 52 sqm 56 years 09 months $393,333 $702
Feb 2025 32 2-room 07 TO 09 52 sqm 57 years 02 months $391,888 $700
Aug 2024 32 3-room 07 TO 09 66 sqm 57 years 08 months $466,000 $656
Jun 2024 32 2-room 04 TO 06 52 sqm 57 years 11 months $388,000 $693
Sept 2023 32 2-room 04 TO 06 52 sqm 58 years 07 months $360,000 $643
Jun 2023 32 2-room 04 TO 06 63 sqm 58 years 10 months $430,000 $634
Jan 2023 32 2-room 07 TO 09 52 sqm 59 years 02 months $370,800 $662
Nov 2022 32 2-room 07 TO 09 52 sqm 59 years 05 months $350,000 $625
Sept 2022 32 2-room 04 TO 06 52 sqm 59 years 07 months $353,000 $630
Aug 2022 32 2-room 07 TO 09 63 sqm 59 years 09 months $420,000 $619
Apr 2022 32 2-room 04 TO 06 52 sqm 59 years 11 months $330,000 $589
Mar 2021 32 2-room 04 TO 06 52 sqm 61 years 01 month $308,000 $550
Jan 2021 32 3-room 04 TO 06 66 sqm 61 years 03 months $390,000 $549
Oct 2020 32 2-room 07 TO 09 52 sqm 61 years 05 months $318,000 $568
Jun 2018 32 2-room 07 TO 09 52 sqm 63 years 10 months $318,000 $568
Aug 2017 32 2-room 07 TO 09 52 sqm 64 years 07 months $295,000 $527
Apr 2017 32 3-room 07 TO 09 66 sqm 64 years 11 months $380,000 $535
Mar 2017 32 3-room 04 TO 06 66 sqm 65 years $386,000 $544
Jan 2017 32 3-room 07 TO 09 66 sqm 65 years 03 months $428,000 $603
Nov 2016 32 3-room 04 TO 06 66 sqm 65 $410,000 $577
Jun 2015 32 3-room 07 TO 09 66 sqm 66 $392,000 $552
Dec 2014 32 2-room 07 TO 09 52 sqm 67 years 1 months $292,000 $521
Nov 2014 32 2-room 07 TO 09 52 sqm 67 years 2 months $300,000 $536
Apr 2014 32 3-room 07 TO 09 66 sqm 67 years 9 months $408,000 $575
Sept 2013 32 2-room 07 TO 09 52 sqm 68 years 4 months $363,000 $648
Nov 2012 32 3-room 07 TO 09 66 sqm 69 years 2 months $470,000 $662
Oct 2012 32 2-room 04 TO 06 52 sqm 69 years 3 months $348,000 $621

Use New Mkt Road data with

Street-level evidence should be paired with estate context and buyer cost checks.

Central Area estate pageZoom back out to compare all streets in this estate.Tg Pagar Plaza street evidenceCompare New Mkt Road against another active street in Central Area.Cantonment Road street evidenceCompare New Mkt Road against another active street in Central Area.Most expensive HDB streetsCompare street-level median resale leaders across Singapore.Rising HDB resale streetsCheck which streets are moving fastest against their prior 12 months.All HDB resale estatesCompare resale prices across Singapore.