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New Mkt Rd HDB Rental Price

Search our database for the HDB rental transactions to check the amount of rent payable for HDB flats in Singapore public housing.

How much rent should a tenant pay to his landlord? The rent varies depending on the number of bedrooms, condition of the flat and whether it is fully furnished. The demand and supply of the HDB rental market plays an important part in the rental price. HDB flat owners can rent out their whole flat after fufilling the 5 years minimum occupation period (MOP).

The HDB rental data was last updated on 16th December 2024, 12:00 AM.

Town

Street Name

Flat Type

New Mkt Rd HDB Flat Rental Transactions

To secure a high rent for your HDB flat at New Mkt Rd , the negotiation skills of a property agent is very important. He must also know how to take beautiful photos and video of your house to impress your prospective tenants. Contact us for a recommendation on a licensed property agent.

Month Town Block Street Name Flat Type Rental Price (S$)
August 2024 CENTRAL 32 NEW MKT RD 3-ROOM 3,400
May 2024 CENTRAL 32 NEW MKT RD 2-ROOM 2,150
January 2024 CENTRAL 32 NEW MKT RD 3-ROOM 2,400
December 2023 CENTRAL 32 NEW MKT RD 2-ROOM 2,700
October 2023 CENTRAL 32 NEW MKT RD 3-ROOM 2,000
September 2023 CENTRAL 32 NEW MKT RD 2-ROOM 1,950
August 2023 CENTRAL 32 NEW MKT RD 2-ROOM 2,000
July 2023 CENTRAL 32 NEW MKT RD 3-ROOM 4,000
July 2023 CENTRAL 32 NEW MKT RD 3-ROOM 2,300
July 2023 CENTRAL 32 NEW MKT RD 2-ROOM 2,800
June 2023 CENTRAL 32 NEW MKT RD 2-ROOM 2,600
May 2023 CENTRAL 32 NEW MKT RD 3-ROOM 3,200
May 2023 CENTRAL 32 NEW MKT RD 2-ROOM 1,700
April 2023 CENTRAL 32 NEW MKT RD 4-ROOM 4,200
February 2023 CENTRAL 32 NEW MKT RD 2-ROOM 2,600
January 2023 CENTRAL 32 NEW MKT RD 3-ROOM 2,300
November 2022 CENTRAL 32 NEW MKT RD 3-ROOM 1,950
November 2022 CENTRAL 32 NEW MKT RD 2-ROOM 1,800
November 2022 CENTRAL 32 NEW MKT RD 2-ROOM 3,700
October 2022 CENTRAL 32 NEW MKT RD 2-ROOM 3,000
March 2022 CENTRAL 32 NEW MKT RD 4-ROOM 2,000
February 2022 CENTRAL 32 NEW MKT RD 3-ROOM 1,950
November 2021 CENTRAL 32 NEW MKT RD 3-ROOM 2,300
November 2021 CENTRAL 32 NEW MKT RD 2-ROOM 1,900
October 2021 CENTRAL 32 NEW MKT RD 2-ROOM 1,500
September 2021 CENTRAL 32 NEW MKT RD 3-ROOM 2,000
September 2021 CENTRAL 32 NEW MKT RD 2-ROOM 1,600
September 2021 CENTRAL 32 NEW MKT RD 2-ROOM 1,900
August 2021 CENTRAL 32 NEW MKT RD 2-ROOM 1,100
August 2021 CENTRAL 32 NEW MKT RD 3-ROOM 2,400
August 2021 CENTRAL 32 NEW MKT RD 2-ROOM 2,000
July 2021 CENTRAL 32 NEW MKT RD 2-ROOM 1,800
July 2021 CENTRAL 32 NEW MKT RD 3-ROOM 2,200
May 2021 CENTRAL 32 NEW MKT RD 2-ROOM 1,750
April 2021 CENTRAL 32 NEW MKT RD 2-ROOM 2,300
April 2021 CENTRAL 32 NEW MKT RD 2-ROOM 1,700
March 2021 CENTRAL 32 NEW MKT RD 2-ROOM 2,200
January 2021 CENTRAL 32 NEW MKT RD 2-ROOM 1,750

See also: New Mkt Rd HDB Resale Price

Frequently Asked Questions on HDB Flat Rental

Can I rent HDB flat for 3 months?
No. The minimum rental period for HDB flat is 6 months.

What are the maximum number of tenants for my HDB flat?
For 1-room and 2-room flats, up to 4 tenants are allowed. For 3-room and bigger flats, up to 6 tenants are allowed.

What is the basic condition to fulfill before I can rent out my flat?
You may rent out your HDB flat after fulfilling the 5-year Minimum Occupation Period (MOP).

As a Singapore Permanent Resident, can I rent out my HDB flat?
No. Only Singapore Citizens are allowed to rent out the HDB flat. Singapore Permanent Resident flat owners are not allowed to do so.

Can I rent out my flat to any tenant?
If any tenant renting your flat is a non-Malaysian and non-citizen (Singapore Permanent Resident or foreigner), your property agent must check the Non-Citizen Quota for HDB flat rental. Use HDB map services to check if your flat can be rented out to non-Malaysian non-citizens. Contact us for a recommendation on a licensed property agent whom can help you to secure a good tenant.

Why is HDB rental price increasing?
The construction delays to HDB BTO flats and private residential properties as a result of foreign workers labour crunch from COVID-19 pandemic. Younger generations have been moving out of the parents' home in search of more space to work remotely.

How much commission do I pay my property agent for helping me to secure a tenant at my New Mkt Rd HDB flat?
For two years lease, the landlord pays a commission equivalent to one month rent. GST may be applicable.
For one year lease, the landlord pays a commission equivalent to half a month rent. GST may be applicable.