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PEOPLE'S PARK COMPLEX

District 01 · PARK ROAD

Overview

PEOPLE'S PARK COMPLEX is a 99-year leasehold condominium in District 01, Singapore, completed in 1973 with 288 units. The average transacted price is $1,104/sqft based on 54 recorded transactions. Nearby MRT: CHINATOWN MRT STATION.

Price Trends

Price Data (SGD)
Developer:People's Park Development Pte Ltd

PEOPLE'S PARK COMPLEX

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Property Summary

Location
1 Park Road, People's Park Complex, Singapore 059108, District 01
Tenure
99-year leasehold
Units
288
Completion
1973
Developer
People's Park Development Pte Ltd
Floors/Blocks
31 floors, 1 block
Site Area
10,638 sqm (approx. 114,523 sqft)
Information is subject to change and should be verified independently.
Available in multiple languages

Nearby Transport

  • CHINATOWN MRT STATION
    Exit C0.09 km • 1 min walk

Nearby Transport

Nearby Transport

  • CHINATOWN MRT STATION
    Exit C0.09 km • 1 min walk

Nearby Schools

Nearby Schools

  • OUTRAM SECONDARY SCHOOL
    SECONDARY0.66 km away
  • RIVER VALLEY PRIMARY SCHOOL
    PRIMARY1.33 km away
  • SCHOOL OF THE ARTS, SINGAPORE
    MIXED LEVELS1.83 km away
  • ZHANGDE PRIMARY SCHOOL
    PRIMARY1.84 km away

Nearby Supermarkets

Nearby Supermarkets

  • Green Olive Group
    0.00 km away•GREEN OLIVE GROUP PTE. LTD.
  • CHINESE INTERNATIONAL COMMODITY CITY
    0.00 km away•CHINESE INTERNATIONAL COMMODITY CITY PTE. LTD.
  • IROHA MART
    0.39 km away•IROHA INTERNATIONAL PTE. LTD.
  • FAIRPRICE
    0.39 km away•NTUC FAIRPRICE CO-OPERATIVE LTD
  • SONG FISH- SEAFOOD MARKET PLACE
    0.39 km away•SONG FISH DEALER PTE LTD

Property Analysis

People's Park Complex is a 99-year leasehold apartment located in District 1, with its lease tenure commencing in 1968. The development has a recorded median price of $1,359,444 and a median PSF of $1,129.675, offering units within a price range of $600,000 to $1,450,000.

AI-generated analysis based on available market data. Last updated 22 March 2026. This content is for informational purposes only and should not be considered financial advice.

Financial Breakdown

Estimated costs based on median transaction price

Median Price
$988,000
Buyer's Stamp Duty
$38,978
Down Payment (25%)
$339,861
Est. Monthly Payment
$5,104/mo
25-year loan at 3.5%

Eligibility Check

Estimate stamp duty based on your buyer profile

ABSD Rate
0%
ABSD Amount
$0
BSD Amount
$38,978
Total Stamp Duty
$38,978
Estimated Monthly Payment
$5,104/mo

Neighbourhood Amenities

Transport

1
  • CHINATOWN MRT STATION

Education

4
  • OUTRAM SECONDARY SCHOOL
  • RIVER VALLEY PRIMARY SCHOOL
  • SCHOOL OF THE ARTS, SINGAPORE
  • +1 more nearby

Convenience

10
  • Green Olive Group
  • CHINESE INTERNATIONAL COMMODITY CITY
  • IROHA MART
  • +7 more nearby

Rental Yield

Estimated gross yield for investors

Gross Yield
1.5%
Low
Monthly Rent
$1,250/mo
Median rental price
Annual Rental Income
$15,000/yr
Based on median rent

Recent Transactions

(54 of 54)
DateProject NameAddressSize (sqm)PricePSFFloorTypeSegmentDistrictTenure
2025-12PEOPLE'S PARK COMPLEXPARK ROAD109 sqm (1173 sqft)$1,317,000$1123/sqft31-35ApartmentRCR0199 yrs lease commencing from 1968 (41 yrs remaining)
2025-09PEOPLE'S PARK COMPLEXPARK ROAD38 sqm (409 sqft)$600,000$1467/sqft21-25ApartmentRCR0199 yrs lease commencing from 1968 (41 yrs remaining)
2025-09PEOPLE'S PARK COMPLEXPARK ROAD104 sqm (1119 sqft)$1,400,000$1251/sqft11-15ApartmentRCR0199 yrs lease commencing from 1968 (41 yrs remaining)
2025-09PEOPLE'S PARK COMPLEXPARK ROAD38 sqm (409 sqft)$650,000$1589/sqft06-10ApartmentRCR0199 yrs lease commencing from 1968 (41 yrs remaining)
2025-06PEOPLE'S PARK COMPLEXPARK ROAD104 sqm (1119 sqft)$1,400,000$1251/sqft21-25ApartmentRCR0199 yrs lease commencing from 1968 (41 yrs remaining)
2025-06PEOPLE'S PARK COMPLEXPARK ROAD109 sqm (1173 sqft)$1,258,000$1072/sqft31-35ApartmentRCR0199 yrs lease commencing from 1968 (41 yrs remaining)
2025-06PEOPLE'S PARK COMPLEXPARK ROAD104 sqm (1119 sqft)$1,450,000$1295/sqft21-25ApartmentRCR0199 yrs lease commencing from 1968 (41 yrs remaining)
2025-06PEOPLE'S PARK COMPLEXPARK ROAD104 sqm (1119 sqft)$1,380,000$1233/sqft26-30ApartmentRCR0199 yrs lease commencing from 1968 (41 yrs remaining)
2025-05PEOPLE'S PARK COMPLEXPARK ROAD104 sqm (1119 sqft)$1,400,000$1251/sqft11-15ApartmentRCR0199 yrs lease commencing from 1968 (41 yrs remaining)
2025-03PEOPLE'S PARK COMPLEXPARK ROAD104 sqm (1119 sqft)$1,338,888$1196/sqft06-10ApartmentRCR0199 yrs lease commencing from 1968 (41 yrs remaining)
2025-03PEOPLE'S PARK COMPLEXPARK ROAD38 sqm (409 sqft)$580,000$1418/sqft16-20ApartmentRCR0199 yrs lease commencing from 1968 (41 yrs remaining)
2025-03PEOPLE'S PARK COMPLEXPARK ROAD38 sqm (409 sqft)$625,000$1528/sqft26-30ApartmentRCR0199 yrs lease commencing from 1968 (41 yrs remaining)
2025-02PEOPLE'S PARK COMPLEXPARK ROAD104 sqm (1119 sqft)$1,118,888$1000/sqft11-15ApartmentRCR0199 yrs lease commencing from 1968 (41 yrs remaining)
2025-02PEOPLE'S PARK COMPLEXPARK ROAD104 sqm (1119 sqft)$1,400,000$1251/sqft21-25ApartmentRCR0199 yrs lease commencing from 1968 (41 yrs remaining)
2025-01PEOPLE'S PARK COMPLEXPARK ROAD104 sqm (1119 sqft)$1,285,000$1148/sqft06-10ApartmentRCR0199 yrs lease commencing from 1968 (41 yrs remaining)
2024-12PEOPLE'S PARK COMPLEXPARK ROAD38 sqm (409 sqft)$700,000$1711/sqft21-25ApartmentRCR0199 yrs lease commencing from 1968 (41 yrs remaining)
2024-11PEOPLE'S PARK COMPLEXPARK ROAD38 sqm (409 sqft)$590,000$1442/sqft21-25ApartmentRCR0199 yrs lease commencing from 1968 (41 yrs remaining)
2024-10PEOPLE'S PARK COMPLEXPARK ROAD104 sqm (1119 sqft)$1,200,000$1072/sqft21-25ApartmentRCR0199 yrs lease commencing from 1968 (41 yrs remaining)
2024-07PEOPLE'S PARK COMPLEXPARK ROAD43 sqm (463 sqft)$580,000$1253/sqft16-20ApartmentRCR0199 yrs lease commencing from 1968 (41 yrs remaining)
2024-06PEOPLE'S PARK COMPLEXPARK ROAD38 sqm (409 sqft)$545,000$1332/sqft06-10ApartmentRCR0199 yrs lease commencing from 1968 (41 yrs remaining)

Showing 1 to 20 of 54 results

Market Statistics

Properties For Rent (1)

PEOPLE'S PARK COMPLEX 1
PEOPLE'S PARK COMPLEX 2
PEOPLE'S PARK COMPLEX 3
PEOPLE'S PARK COMPLEX 4
PEOPLE'S PARK COMPLEX 5
PEOPLE'S PARK COMPLEX 6
PEOPLE'S PARK COMPLEX 7
PEOPLE'S PARK COMPLEX 8
For Rent
Condominium
1/8
$1,250/mo

PEOPLE'S PARK COMPLEX

PARK ROAD SINGAPORE 059108

1Beds
1Baths
100sqft
Verified
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View all rental properties in PEOPLE'S PARK COMPLEX

Frequently Asked Questions

What is the tenure and age of People's Park Complex?

The property is a 99-year leasehold apartment with the lease starting from 1968. This means the development is approximately 57 years into its lease as of 2025.

What are the recent transaction prices for small units at People's Park Complex?

In September 2025, two 409 sqft units were sold for $600,000 and $650,000. These transactions reflect PSF values of $1,467 and $1,589 respectively.

What is the median price and PSF for the development?

Based on the transaction count of 54, the median price is $1,359,444 and the median PSF is $1,129.675. The overall PSF range for the project is between $1,072 and $1,589.

How much do larger units of approximately 1,100 sqft cost?

Recent sales for units between 1,119 sqft and 1,173 sqft ranged from $1,317,000 to $1,450,000. The PSF for these larger units typically falls between $1,123 and $1,295.

In which district is People's Park Complex located?

The development is located in District 1, which encompasses the Raffles Place and Marina areas. It is classified under the Apartment property type.

How many transactions have been recorded for this project?

There have been a total of 54 recorded transactions for People's Park Complex. The most recent recorded sale occurred on 2025-12-01 for a 1,173 sqft unit at $1,317,000.

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Volatile market16.0% volatility
2 years change:+23.3% ($911 → $1123)
Median PSF:$1213/sqft