People's Park Complex

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

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  3
 0
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Sale Price *

Average
S$ 1,153 psf
Range
S$ 911 - 1,394 psf

Rental Price **

Average
S$ 4.7 psf pm
Range
S$ 2.4 - 7.1 psf pm

Rental Yield **

4.9%

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 Complex is a leasehold (99 yrs from 1968) apartment completed in 2002. The development occupies a land area of 10,638 sqm and a Gross Floor Area of 59,572 sqm. It consists of 288 units. According to records, buyers of this development are Singaporean 70.2%, PR 11.3%, Foreigner 11.3%, Company 6.8%.

PEOPLE'S PARK COMPLEX is located along Park Road in Outram, in District 1. It is accessible through the nearest MRTs including Chinatown DT19, NE4 and Maxwell TE18.

Based on transaction data in the last 12 months, sale prices range from S$ 911 psf to S$ 1,394 psf at an average of S$ 1,153 psf. Its highest recorded transaction was S$ 1,406 psf in Oct 2011 for a 409-sqft unit. Its lowest recorded transaction was S$ 218 psf in Aug 2006 for a 1,604-sqft unit. Its current rental yield is at 4.9%. 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): PEOPLE'S PARK COMPLEX, THE MAJESTIC, LUCKY CHINATOWN.

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.
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

TransportTransport
SchoolSchool
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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 COMPLEX (Limited to 10)

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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 COMPLEX

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

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
Agent NameAgent Mobile
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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 COMPLEX

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
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Listings

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thumb-images
9
$1,280,000

    • 6 beds
    • 3 baths
    • Apartment
    • D1
    • 99 Yrs From 25/03/1968
    • S$ 1,140 psf
    • Park Road
    Sharon Loh
    send_enquiry
    thumb-images
    10
    $1,600,000

      • 5 beds
      • 3 baths
      • Apartment
      • D1
      • 2002
      • 99 years
      • S$ 1,360 psf
      • Park Road
      Khoo Maggie
      send_enquiry
      thumb-images
      10
      $1,280,000

        • 6 beds
        • 3 baths
        • Apartment
        • D1
        • 2002
        • 99 years
        • S$ 1,140 psf
        • Park Road
        Lawrence Poh
        send_enquiry
        thumb-images
        8
        $1,850,000

          • 4 beds
          • 2 baths
          • Apartment
          • D1
          • 2002
          • 99 years
          • S$ 1,660 psf
          • Park Road
          Elaine Tay
          send_enquiry
          thumb-images
          10
          $1,300,000

            • 3 beds
            • 2 baths
            • Apartment
            • D1
            • 2002
            • 99 years
            • S$ 1,160 psf
            • Park Road
            Irene Fam
            send_enquiry
            thumb-images
            10
            $620,000

              • 1 bed
              • 1 bath
              • Apartment
              • D1
              • 2002
              • 99 years
              • S$ 1,520 psf
              • Park Road
              Andrew Nair
              send_enquiry
              thumb-images
              10
              $1,238,000

                • 3 beds
                • 2 baths
                • Apartment
                • D1
                • 2002
                • 99 years
                • S$ 1,110 psf
                • Park Road
                Chris Zhuo
                send_enquiry
                thumb-images
                10
                $660,000

                  • 1 bath
                  • Apartment
                  • D1
                  • 2002
                  • 99 years
                  • S$ 1,430 psf
                  • Park Road
                  Ken Lim
                  send_enquiry
                  thumb-images
                  17
                  $1,600,000

                    • 5 beds
                    • 3 baths
                    • Apartment
                    • D1
                    • 2002
                    • 99 Years
                    • S$ 1,360 psf
                    • Park Road
                    Yu Fan Leow
                    send_enquiry
                    thumb-images
                    10
                    $1,600,000

                      • 5 beds
                      • 3 baths
                      • Apartment
                      • D1
                      • 2002
                      • 99 years
                      • S$ 1,360 psf
                      • Park Road
                      MIKE TAN
                      send_enquiry

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                      FAQs about PEOPLE'S PARK COMPLEX

                      What is the nearest MRT Station to PEOPLE'S PARK COMPLEX ?
                      The nearest MRT Station from PEOPLE'S PARK COMPLEX is Chinatown NE4,DT19,TE17,TE18 MRT

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