People's Park Centre

Overview

Unit Info

Sales

Rental

Surrounding

More

Overview

Unit Info

Sales

Rental

Surrounding

More

  1
 0
 0

Sale Price *

Average
S$ 749 psf
Range
S$ 749 - 749 psf

Rental Price **

Average
S$ 2.7 psf pm
Range
S$ 1.6 - 4.2 psf pm

Rental Yield **

4.3%

Rental income expressed as a percentage of the property's value.

Amenities

4.4
4.4

Convenience

4.5
4.5

Connectivity

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
0 Facilities Available
Description
People's Park Centre is a leasehold (99 yrs from 1970) apartment completed in 1976. The development occupies a land area of 8,869 sqm and a Gross Floor Area of 76,274 sqm. It consists of 120 units. According to records, buyers of this development are Singaporean 54.9%, PR 3.9%, Foreigner 37.3%, Company 3.9%.

PEOPLE'S PARK CENTRE is located along Upper Cross Street in Outram, in District 1. It is accessible through the nearest MRTs including Chinatown DT19, NE4 and Clarke Quay NE5.

Based on transaction data in the last 12 months, sale prices range from S$ 749 psf to S$ 749 psf at an average of S$ 749 psf. Its highest recorded transaction was S$ 1,029 psf in Jun 2013 for a 1,701-sqft unit. Its lowest recorded transaction was S$ 227 psf in Jun 2001 for a 2,411-sqft unit. Its current rental yield is at 4.3%. Other nearby amenities include: 3 Grocerie(s): IROHA INTERNATIONAL PTE. LTD., NTUC FAIRPRICE CO-OPERATIVE LTD, SONG FISH DEALER PTE LTD, and 3 Shopping Mall(s): YUE HWA (NAM TIN) BUILDING, CHINATOWN POINT, THE MAJESTIC.

Buyers and tenants are attracted to District 1, which covers areas such as Cecil, Raffles Place, Marina, People’s Park and Boat Quay. District 1 is home to the largest financial hub in Singapore, spanning from Raffles Place to Marina Bay, an area built on reclaimed land. Dubbed the “Wall Street” of Singapore, Raffles Place and Marina Bay have the highest concentration of Grade A offices - highly sought-after by financial institutions and professional service firms. Apart from business activities, District 1 is also a popular destination for recreational activities and tourism. Situated right next to the Central Business District is Boat Quay positioned at the mouth of the Singapore River. Once the busiest quay in Singapore, Boat Quay has transformed into a popular hang-out place for food and drinks, featuring an eclectic mix of high-end restaurants, alfresco dining and bars. Comprised of high-end developments, houses in District 1 are highly popular amongst both local and foreign home-buyers.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
show more
What they say
Live Here? Tell us more
Write a review
5
"Visited a few handphone shops to bypass my phone. Price was affordable at $35. There are a lot of saloon for ladies to go, offering as cheap as $150 for hair highlight and rebounding. Comes with free hair cut too."
H***** K****
Google Review     |   14 Jul 2022
3
"Interesting mall full of tat that you might find interesting and want to buy. The food hall is well stocked with many kinds of dishes. The staff are very friendly and not pushy. It differently has an old school feel to it. Most of the shops offer Chinese goods for example medicine or books. There are quite a few massage parlors too."
G**** A****
Google Review     |   31 May 2022
4
"The food court is neat and spacious. Food prices are reasonable e.g. S$4.50. Majority are local delicious Chinese food. Walk out of food court and the shopping centre is waiting for the next shoppers."
T***** L****
Google Review     |   25 May 2022
3
"Many eateries available."
J****** C*****
Google Review     |   20 Sep 2020
3
"Without the tour agencies, it's just not as lively as the past."
J***** L**
Google Review     |   15 Sep 2020
Live Here? Tell us more
Write a review
Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

TransportTransport
SchoolSchool
Eat & ShopEat & Shop
OthersOthers
Floor Plans
No data
Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of PEOPLE'S PARK CENTRE (Limited to 10)

Unit Search
#
There are 0 more transactions. You can see them all if you are a Pro User. Click to learn more.

Date
Area(sqft)
Bedrooms
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source

Asking Price of PEOPLE'S PARK CENTRE

Source: URA, https://www.edgeprop.sg

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
Agent NameAgent Mobile
Link
0 asking price for sale selected

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No data
Rental Transactions of PEOPLE'S PARK CENTRE

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
Historical Quarterly Rental

Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
AVG Price* (S$ psf)
Max Price* (S$ psf)
Min Rental** (S$ psf pm)
AVG Rental** (S$ psf pm)
Max Rental** (S$ psf pm)
Rental Yield** (%)

Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
-

Listings

View More

thumb-images
10
$3,800,000

    • 4 beds
    • 4 baths
    • Apartment
    • D1
    • 1976
    • 99 years
    • S$ 929 psf
    • Upper Cross Street
    Ryan Heng
    send_enquiry
    thumb-images
    10
    $3,800,000

      • 4 beds
      • 4 baths
      • Apartment
      • D1
      • 1976
      • 99 years
      • S$ 929 psf
      • Upper Cross Street
      Douglas Goh
      send_enquiry
      thumb-images
      10
      $3,800,000

        • 5 beds
        • 5 baths
        • Apartment
        • D1
        • 1976
        • 99 years
        • S$ 929 psf
        • Upper Cross Street
        Foo Hoo Seng
        send_enquiry
        thumb-images
        10
        $3,800,000

          • 5 beds
          • 5 baths
          • Apartment
          • D1
          • 1976
          • 99 years
          • S$ 929 psf
          • Upper Cross Street
          Cheng Ang
          send_enquiry

          View More
          No Recent News

          FAQs about PEOPLE'S PARK CENTRE

          What is the nearest MRT Station to PEOPLE'S PARK CENTRE ?
          The nearest MRT Station from PEOPLE'S PARK CENTRE is Chinatown NE4,NE5,DT19 MRT

          Similar properties