32 Jalan Bahagia - 2 Units for Sale

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32 Jalan Bahagia – PropertyGuru Market Pulse Insights

The project remains part of the current local search landscape for active property seekers, drawing on 30 days of PropertyGuru search activity. Within the Balestier / Toa Payoh market, recent search patterns indicate the development continues to feature in area-level browsing among those exploring residential options.

Pricing by Unit Types:

• 2-Bedroom Units:
  • Avg Asking Price: S$ 302K
  • Avg PSF: S$ 502 psf (63.77% lower compared to Balestier / Toa Payoh average of S$ 1,385 psf)
  • Available Units: 3

Key Takeaway: Market demand indicators point strongly towards the 2-Bedroom configurations as the primary focus for buyers at this location. With only 3 units available, the limited inventory suggests a highly concentrated supply that may appeal to those seeking entry-level pricing within the district. Overall, the property is positioned at a significant discount relative to the broader Balestier / Toa Payoh average, offering a distinct value proposition for budget-conscious seekers. This pricing gap, combined with low stock levels, likely supports steady interest from buyers prioritizing affordability in a central region.

Location & Lifestyle Highlights — 32 Jalan Bahagia 1390m (17 mins) to BOON KENG MRT STATION — This station on the North East Line provides a direct and efficient link to the Central Business District and HarbourFront. Situated in a mature residential area, 32 Jalan Bahagia offers a practical living experience where daily essentials and local food gems are always within easy reach. The surrounding neighborhood is perfect for those who appreciate a balanced pace of life with excellent bus connectivity to the rest of Singapore. Nearby hotspots: MRT Stations:

• BOON KENG MRT STATION (1390m, 17 mins) — Access the North East Line for a smooth commute to major commercial hubs and downtown shopping belts.

Bus Stops (22 within 1 km):

• BET BLKS 33/34 (103m, 1-2 mins) — Extremely close stop providing residents with immediate access to several local bus routes for daily travel.
• OPPOSITE BLK 65 (260m, 3-4 mins) — Convenient alternative stop that makes navigating the Whampoa and Balestier areas very simple.

Education & Early Learning:

• PCF SPARKLETOTS PRESCHOOL @ WHAMPOA BLK 112 (KN) (222m, 2-3 mins) — Nearby early childhood education center making morning drop-offs easy for parents.
• HAVEN SCHOOLHOUSE @ BAHAGIA (479m, 5-6 mins) — Quality preschool option located just a short walk away for families with young children.
• CURTIN EDUCATION CENTRE (521m, 6-7 mins) — Proximity to this established institution offers great convenience for students and academic professionals.

Healthcare & Wellness:

• NO AI TCM CLINIC (511m, 6-7 mins) — Traditional wellness services available nearby for holistic health management.
• NATIONAL KIDNEY FOUNDATION DIALYSIS CENTRE (524m, 6-7 mins) — Essential specialized medical facility located within the immediate neighborhood.
• N B THAM CLINIC (998m, 11-12 mins) — Reliable general medical services for the family's routine healthcare needs.

Shopping & Retail:

• HAO MART (423m, 5-6 mins) — Handy neighborhood market for picking up fresh groceries and daily household supplies.
• FAIRPRICE (651m, 7-8 mins) — Well-stocked supermarket nearby for a comprehensive range of food and home essentials.
• BALESTIER POINT (1039m, 12-13 mins) — Local retail hub offering a variety of shops and services in the vibrant Balestier district.

Dining & Food:

• HONG FULING 81 EATING HOUSE (611m, 7-8 mins) — Local coffee shop offering a variety of affordable and tasty hawker fare.
• SING HO HAINAN CHICKEN RICE (775m, 9-10 mins) — Famous local dining spot perfect for a quick and satisfying traditional meal.
• ITEA (743m, 8-9 mins) — Conveniently located beverage outlet for a quick refreshment or bubble tea treat.

Highly attractive for: Young Families, Urban Professionals, Investors

Market & Rental Insights

32 Jalan Bahagia presents a unique market profile characterized by high rental yields despite recent adjustments in capital values.

• PSF Appreciation: S$483.5 → S$448 over recent years (-7.34%) from 2023 - 2026.
• Expected Rental Yield: At 11.28%, this project offers a strong return for property investors.
• Transactions: 5 rental transactions in the last 6 months and 1 sale transactions in the last 12 months, indicating modest rental and limited sale activity.
• PG Pulse Insight: While PSF has seen a downward adjustment, the exceptionally strong rental yield and modest rental activity suggest 32 Jalan Bahagia remains a high-yielding asset for income-focused portfolios.

Published date: August 2, 2026