32 New Market Road - 1 Units for Rent

There is 1 properties for rent at 32 New Market Road. You can use our elegant Property Search Tool to find the right HDB Flat, Condominium, Apartment, Executive Condominium, Terraced House, Detached House, Semi-Detached House and Bungalow House that is currently for rent. The options in our database are limitless. Our Property Evaluation Tool makes the market transparent for you, so that you can make a confident decision to rent your Property in Singapore. Start your Property Search above, or refine your search using these most popular searches on Property for rent.

32 New Market Road – PropertyGuru Market Pulse Insights

Search activity over the past month shows the development continuing to appear in the local consideration set within the Boat Quay / Raffles Place / Marina area, according to PropertyGuru's 30-day search trends. This project remains visible within recent property browsing across the district, reflecting a steady presence in the current rental landscape.

Pricing by Unit Types:

• 2-Bedroom Units:
  • Avg Asking Price: S$ 4K
  • Avg PSF: S$ 6 psf (13.5% lower compared to Boat Quay / Raffles Place / Marina average of S$ 7 psf)
  • Available Units: 1

Key Takeaway: Market demand indicators point toward a selective interest in the available 2-bedroom configurations within this development. With only a single unit currently listed, the limited inventory profile suggests a high-demand, low-supply dynamic for seekers looking in this specific location. The property represents a competitive value proposition, as its average pricing sits at a notable discount relative to the broader district average. This pricing advantage combined with tight supply is likely to support steady interest from cost-conscious renters seeking a central address.

Location & Lifestyle Highlights — 32 New Market Road 220m (3 mins) to CHINATOWN MRT STATION — Direct access to the North East and Downtown Lines makes getting to the CBD or Orchard Road incredibly fast and simple. Located right in the heart of a historic district, 32 New Market Road offers a practical and efficient home base for those who want to live where the action is. It is a spot that perfectly balances heritage charm with the fast-paced energy of modern city life. Nearby hotspots: MRT Stations (7 within 1 km):

• CLARKE QUAY MRT STATION (698m, 8-9 mins) — Handy alternative for those working near the riverside or heading towards the North East corridor.
• OUTRAM PARK MRT STATION (766m, 9-10 mins) — Major interchange connecting you to the East-West and Thomson-East Coast Lines for island-wide travel.
• TELOK AYER MRT STATION (790m, 9-10 mins) — Convenient stop for professionals working in the heart of the financial district.

Bus Stops (88 within 1 km):

• OPPOSITE STATE COURT (117m, 1-2 mins) — Very close stop providing quick bus connections to various parts of the city.
• CHINATOWN STN EXIT E (291m, 3-4 mins) — Useful boarding point for multiple routes heading towards the central and southern areas.

Education & Early Learning:

• CAMFORD INTERNATIONAL COLLEGE (75m, 1 min) — Just a few steps away, making it very convenient for students attending specialized courses.
• MY FIRST SKOOL (495m, 5-6 mins) — Reliable early childhood education option located within a short walk for young families.
• OUTRAM SECONDARY SCHOOL (931m, 11-12 mins) — Nearby secondary education choice that is easily accessible for local residents.

Healthcare & Wellness:

• FAMILY MEDICINE CLINIC CHINATOWN (323m, 3-4 mins) — Essential primary healthcare services located just a short distance from your doorstep.
• PEACE FAMILY TCM CLINIC (410m, 4-5 mins) — Traditional Chinese Medicine options available nearby for holistic wellness needs.

Shopping & Retail:

• PEOPLE'S PARK COMPLEX (62m, 1 min) — Iconic shopping destination right next door for all your daily essentials and bargain finds.
• SHENG SIONG (261m, 3-4 mins) — Well-stocked supermarket nearby that makes grocery shopping quick and affordable.
• CHINATOWN POINT (369m, 4-5 mins) — Modern mall with a wide variety of retail shops, a library, and lifestyle services.

Dining & Food:

• CHINATOWN COMPLEX FOODCOURT (61m, 1 min) — Famous local food hub offering a massive variety of affordable and authentic Singaporean dishes.
• FRIENDSHIP FOOD COURT (69m, 1 min) — Another great nearby spot for quick, tasty meals during a busy workday.
• KOU WEI EATING HOUSE (209m, 2-3 mins) — Convenient local coffee shop perfect for a traditional breakfast or a quick lunch.

Entertainment & Attractions:

• RAFFLES PLACE (1321m, 15-16 mins) — Accessible hub for riverside dining, nightlife, and iconic city views.

Convenience Stores:

• 7-ELEVEN (244m, 2-3 mins) — Reliable 24-hour stop for snacks, drinks, and last-minute necessities.
• CHEERS (323m, 3-4 mins) — Extra convenience for quick purchases located just down the road.

Places of Worship:

• SIANG CHO KEONG TEMPLE (943m, 11-12 mins) — Historic place of worship within walking distance for the local community.
• MASJID AL-ABRAR (1016m, 12-13 mins) — Cultural and religious landmark located nearby in the Telok Ayer area.

Highly attractive for: Young Urban Professionals, Business Owners, Savvy Investors, Young Couples

Market & Rental Insights

32 New Market Road demonstrates a dynamic rental market with significant appreciation across various bedroom types.

• Median Rental Appreciation: 1-bedroom units saw rents rise from S$2,150 → S$3,000 (39.53%), while 2-bedroom units increased from S$2,300 → S$2,650 (15.22%) over the last one year.
• Transactions: 7 rental transactions in the last 6 months, showing modest rental activity.
• PG Pulse Insight: Rental growth remains exceptionally strong for smaller units, supported by modest rental activity and a stable median PSF of S$643.

Published date: June 2, 2026