New Mkt Rd — recent transacted prices and indicative value
99-year lease · 55.2 years remaining · 1 address
New Mkt Rd has 55.2 years of lease remaining. Latest recorded sale 1 May 2026.
The median price at New Mkt Rd over the last 24 months was S$7,536 psm, from 5 recorded sales between Feb 2025 and May 2026, with most between S$7,500 psm and S$7,564 psm. This is an indicative figure from recorded transactions, not a formal valuation.
From 5 sales between Feb 2025 and May 2026 · 25th to 75th percentile S$7,500 psm to S$7,564 psmLatest recorded sale 1 May 2026
How has the price at New Mkt Rd changed?
The median price at New Mkt Rd has risen 12.3% from S$6,167 psm in Q1 2017 to S$6,923 psm in Q2 2026. This reflects recorded transactions and is not a formal valuation.
How accurate is this estimate for New Mkt Rd?
Too few sales since Q1 2026 to score the estimate here. Three are the minimum, and this project has not had them.
Value a unit here
Starts with this address. Type another address or postal code in this project to value that one.
Primary schools within 1 km of New Mkt Rd
Measured from each school's land to this project's buildings, the way MOE bands P1 priority. MOE measures to the building's outline, so near 1 km check OneMap's School Query.
- Cantonment Primary School · 946 m · near the line — check on OneMap
What does a unit at New Mkt Rd rent for?
A flat like this at New Mkt Rd rents for about S$3,100 a month, the middle of 2 HDB rental approvals in the last year. That is a gross yield of 9.49% on the indicative value. Indicative, from recorded rents.
What this flat earns against what it costs, set beside what homes like it earn.
9.49% gross yield
S$37,200 of rent a year against the estimate above · 2.06 points above flats like it
Homes like this rent for about S$3,100 a month, the middle of 2 approvals in the last year.
Across Singapore these flats yield 7.43%, from 72 blocks. Too few blocks share this flat's remaining lease to measure that separately, so this figure covers every lease length.
A yield above the mark means the flat rents well for what it costs, which can point to a keen rental patch or a price the sales alone have not caught up with. Below it, buyers are paying for something a tenant will not, such as the address itself.
Recent rental approvals used
| Approved | Block | Flat | Rent a month |
|---|---|---|---|
| Dec 2025 | 32 | 2 ROOM | S$3,200 |
| Nov 2025 | 32 | 2 ROOM | S$3,000 |
median of 2 HDB rental approvals for 2 ROOM on New Mkt Rd since 2025-11.
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What flat types sell at New Mkt Rd?
- 2 ROOM17 sales
- 3 ROOM5 sales
Blocks in New Mkt Rd
Nearest projects
- Smith St · 294 m · 35 sales
- Chin Swee Rd · 332 m · 20 sales
- Sago Lane · 342 m · 41 sales
- Kreta Ayer Rd · 363 m · 11 sales
- Upp Cross St · 386 m · 137 sales
Buying or selling here?
Buying: Stamp duty · Cash and CPF needed · How much can I borrow · Monthly repayment.
Selling: Net proceeds from selling.
What has sold at New Mkt Rd recently?
| Date | Detail | Area | Price | Per area |
|---|---|---|---|---|
| May 2026 | Blk 32 · 2 ROOM · 07 TO 09 · Standard · 56 years left | 52 sqm | S$360,000 | S$6,923 psm |
| Nov 2025 | Blk 32 · 2 ROOM · 07 TO 09 · Standard · 56 years left | 52 sqm | S$390,000 | S$7,500 psm |
| Sept 2025 | Blk 32 · 2 ROOM · 07 TO 09 · Standard · 57 years left | 52 sqm | S$395,000 | S$7,596 psm |
| Jun 2025 | Blk 32 · 2 ROOM · 07 TO 09 · Standard · 57 years left | 52 sqm | S$393,333 | S$7,564 psm |
| Feb 2025 | Blk 32 · 2 ROOM · 07 TO 09 · Standard · 57 years left | 52 sqm | S$391,888 | S$7,536 psm |
| Aug 2024 | Blk 32 · 3 ROOM · 07 TO 09 · Standard · 58 years left | 66 sqm | S$466,000 | S$7,061 psm |
| Jun 2024 | Blk 32 · 2 ROOM · 04 TO 06 · Standard · 58 years left | 52 sqm | S$388,000 | S$7,462 psm |
| Sept 2023 | Blk 32 · 2 ROOM · 04 TO 06 · Standard · 59 years left | 52 sqm | S$360,000 | S$6,923 psm |
| Jun 2023 | Blk 32 · 2 ROOM · 04 TO 06 · Standard · 59 years left | 63 sqm | S$430,000 | S$6,825 psm |
| Jan 2023 | Blk 32 · 2 ROOM · 07 TO 09 · Standard · 59 years left | 52 sqm | S$370,800 | S$7,131 psm |
| Nov 2022 | Blk 32 · 2 ROOM · 07 TO 09 · Standard · 59 years left | 52 sqm | S$350,000 | S$6,731 psm |
| Sept 2022 | Blk 32 · 2 ROOM · 04 TO 06 · Standard · 60 years left | 52 sqm | S$353,000 | S$6,788 psm |
| Aug 2022 | Blk 32 · 2 ROOM · 07 TO 09 · Standard · 60 years left | 63 sqm | S$420,000 | S$6,667 psm |
| Apr 2022 | Blk 32 · 2 ROOM · 04 TO 06 · Standard · 60 years left | 52 sqm | S$330,000 | S$6,346 psm |
Showing 14 of 51.
Sale prices as filed in caveats.
| Period | Detail | Monthly rent | Per area |
|---|---|---|---|
| Jul 2026 | Blk 32 · 3 ROOM | S$3,600 | — |
| May 2026 | Blk 32 · 3 ROOM | S$3,500 | — |
| Apr 2026 | Blk 32 · 4 ROOM | S$4,200 | — |
| Feb 2026 | Blk 32 · 3 ROOM | S$2,650 | — |
| Jan 2026 | Blk 32 · 3 ROOM | S$4,200 | — |
| Dec 2025 | Blk 32 · 2 ROOM | S$3,200 | — |
| Dec 2025 | Blk 32 · 3 ROOM | S$2,220 | — |
| Nov 2025 | Blk 32 · 2 ROOM | S$3,000 | — |
| Oct 2025 | Blk 32 · 2 ROOM | S$2,150 | — |
| Sept 2025 | Blk 32 · 2 ROOM | S$2,000 | — |
| Aug 2025 | Blk 32 · 2 ROOM | S$2,800 | — |
| Jul 2025 | Blk 32 · 3 ROOM | S$2,300 | — |
| Jun 2025 | Blk 32 · 2 ROOM | S$2,600 | — |
| Apr 2025 | Blk 32 · 2 ROOM | S$1,850 | — |
| Feb 2025 | Blk 32 · 3 ROOM | S$2,300 | — |
| Jan 2025 | Blk 32 · 2 ROOM | S$2,900 | — |
| Jan 2025 | Blk 32 · 2 ROOM | S$2,500 | — |
| Dec 2024 | Blk 32 · 3 ROOM | S$3,500 | — |
| Aug 2024 | Blk 32 · 3 ROOM | S$3,400 | — |
| May 2024 | Blk 32 · 2 ROOM | S$2,150 | — |
| Jan 2024 | Blk 32 · 3 ROOM | S$2,400 | — |
| Dec 2023 | Blk 32 · 2 ROOM | S$2,700 | — |
| Oct 2023 | Blk 32 · 3 ROOM | S$2,000 | — |
| Sept 2023 | Blk 32 · 2 ROOM | S$1,950 | — |
| Aug 2023 | Blk 32 · 2 ROOM | S$2,000 | — |
| Jul 2023 | Blk 32 · 3 ROOM | S$4,000 | — |
| Jul 2023 | Blk 32 · 2 ROOM | S$2,800 | — |
| Jul 2023 | Blk 32 · 3 ROOM | S$2,300 | — |
| Jun 2023 | Blk 32 · 2 ROOM | S$2,600 | — |
| May 2023 | Blk 32 · 3 ROOM | S$3,200 | — |
| May 2023 | Blk 32 · 2 ROOM | S$1,700 | — |
| Apr 2023 | Blk 32 · 4 ROOM | S$4,200 | — |
| Feb 2023 | Blk 32 · 2 ROOM | S$2,600 | — |
| Jan 2023 | Blk 32 · 3 ROOM | S$2,300 | — |
| Nov 2022 | Blk 32 · 2 ROOM | S$3,700 | — |
| Nov 2022 | Blk 32 · 3 ROOM | S$1,950 | — |
| Nov 2022 | Blk 32 · 2 ROOM | S$1,800 | — |
| Oct 2022 | Blk 32 · 2 ROOM | S$3,000 | — |
| Mar 2022 | Blk 32 · 4 ROOM | S$2,000 | — |
| Feb 2022 | Blk 32 · 3 ROOM | S$1,950 | — |
| Nov 2021 | Blk 32 · 3 ROOM | S$2,300 | — |
| Nov 2021 | Blk 32 · 2 ROOM | S$1,900 | — |
| Oct 2021 | Blk 32 · 2 ROOM | S$1,500 | — |
| Sept 2021 | Blk 32 · 3 ROOM | S$2,000 | — |
| Sept 2021 | Blk 32 · 2 ROOM | S$1,900 | — |
| Sept 2021 | Blk 32 · 2 ROOM | S$1,600 | — |
| Aug 2021 | Blk 32 · 3 ROOM | S$2,400 | — |
| Aug 2021 | Blk 32 · 2 ROOM | S$2,000 | — |
| Aug 2021 | Blk 32 · 2 ROOM | S$1,100 | — |
| Jul 2021 | Blk 32 · 3 ROOM | S$2,200 | — |
| Jul 2021 | Blk 32 · 2 ROOM | S$1,800 | — |
| May 2021 | Blk 32 · 2 ROOM | S$1,750 | — |
| Apr 2021 | Blk 32 · 2 ROOM | S$2,300 | — |
| Apr 2021 | Blk 32 · 2 ROOM | S$1,700 | — |
| Mar 2021 | Blk 32 · 2 ROOM | S$2,200 | — |
| Jan 2021 | Blk 32 · 2 ROOM | S$1,750 | — |
Rents as approved by HDB, or as filed with URA for private homes, where the floor area is given as a band.
2-Room resale prices in Central Area
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