32 New Market Road 050032, Pearl's Hill, Central Region, Singapore
$385,000
This flat is a 1 Room HDB for sale with 1 Baths in 32 New Market Road, a stunning HDB Resale Flat in Singapore. Key features ■ Original condition ■ Functional layout ■ Corridor unit ■ Open concept kitchen ■ Close to MRT ■ Excellent location ■ Convenient location Searching for a property in Singapore? Look no further than this stunning HDB for Sale in Central. Located in Central HDB Estate, this development is part of District 1. If you are looking for a property in the Central, this is might be the perfect unit for you! Nearby amenities ⭑ Nearby MRTs • Chinatown (100 m) - 2 mins walk • Maxwell (485 m) - 7 mins walk • 3 MRTs within 1 km ⭑ Nearby Bus stops • Chinatown Stn Exit C (95 m) - 2 mins walk • People's Park Complex (108 m) - 2 mins walk • Opposite Subordinate Court (184 m) - 3 mins walk • 7 more walking distance bus stops within 500 m ⭑ Nearby Grocery Stores • Yeo Cheng Hai (81 m) - 2 mins walk • Yze Health Rehab (104 m) - 2 mins walk • Yue Hwa Chinese Products (Chinatown) (114 m) - 2 mins walk • 7 more walking distance grocery stores within 500 m ⭑ Nearby Schools • Perfect International Beauty & Cosmetology Academy Pte. Ltd. (73 m) - 1 min walk • TINGYU ART STUDIO汀渔画室 (121 m) - 2 mins walk • The Dive Company (178 m) - 3 mins walk • 7 more schools within 1 km ⭑ Nearby Parks • Garden Link Bridge (113 m) - 2 mins walk • Pearl's Hill City Park (282 m) - 4 mins walk • Duxton Plain Park (393 m) - 6 mins walk • 6 more parks within 1 km Please call LH WANG from 99.co @ +659455XXXX to arrange for a viewing.
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
45
Average Price
S972K
Total Value
S43.7M
Calculating fair value from URA transaction data…
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Automated Valuation based on 5 HDB resale transactions (data.gov.sg) · 1 outliers removed (IQR)
Fair Value
S$185,037
S$430 psf
Asking Price
S$385,000
S$895 psf
vs Market
+108.1%
vs Last Done
+28.4%
Tenure
41 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
Low
5 comps
Nearest MRT
Chinatown
255m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
5 comparable transactions
S$700
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.586
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$430
Recent Comparable Transactions
5 shown · 5 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneNov 2025 | Blk 32 NEW MKT RD Floor 07 TO 09 | 560sqft | S$390,000 | ▲S$697 +62.1% vs FV | 99yr from 1983 |
Nov 2025 | Blk 32 NEW MKT RD Floor 07 TO 09 | 560sqft | S$390,000 | ▲S$697 +62.1% vs FV | 99yr from 1983 |
Sep 2025 | Blk 32 NEW MKT RD Floor 07 TO 09 | 560sqft | S$395,000 | ▲S$706 +64.2% vs FV | 99yr from 1983 |
Jun 2025 | Blk 32 NEW MKT RD Floor 07 TO 09 | 560sqft | S$393,333 | ▲S$703 +63.5% vs FV | 99yr from 1983 |
Feb 2025 | Blk 32 NEW MKT RD Floor 07 TO 09 | 560sqft | S$391,888 | ▲S$700 +62.8% vs FV | 99yr from 1983 |
Jun 2024 | Blk 32 NEW MKT RD Floor 04 TO 06 | 560sqft | S$388,000 | ▲S$693 +61.2% vs FV | 99yr from 1983 |
Blk 32 NEW MKT RD
Nov 2025 · Floor 07 TO 09
+62.1% vs FV
Blk 32 NEW MKT RD
Nov 2025 · Floor 07 TO 09
+62.1% vs FV
Blk 32 NEW MKT RD
Sep 2025 · Floor 07 TO 09
+64.2% vs FV
Blk 32 NEW MKT RD
Jun 2025 · Floor 07 TO 09
+63.5% vs FV
Blk 32 NEW MKT RD
Feb 2025 · Floor 07 TO 09
+62.8% vs FV
Blk 32 NEW MKT RD
Jun 2024 · Floor 04 TO 06
+61.2% vs FV
HELIOS AI Analysis
The valuation of the HDB 2-room unit situated in the Central Area reflects a nuanced understanding of the local real estate landscape, particularly given its remaining lease of 41 years. With an estimated value of $185,037, translating to $430 per square foot, this property has been assessed to be above market expectations, registering a significant 108.1% difference from the baseline market price. This elevation in valuation indicates a strong demand for residential properties in this prime location, underscoring the Central Area’s enduring appeal amidst the evolving urban tapestry of Singapore.
However, it is essential to approach this valuation with caution, as the model confidence level is categorized as low, drawing from only five recent HDB resale transactions in the vicinity. This limited dataset could reflect specific market fluctuations or unique attributes of the property that may not be universally applicable. The existing lease duration also plays a critical role in influencing buyer sentiment and market dynamics, as properties with shorter remaining leases can often experience volatility in demand and pricing. In summary, while this HDB unit demonstrates strong potential based on recent valuations, prospective buyers should remain cognizant of the broader market trends and lease implications that could affect long-term value retention.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.