People's Park Centre

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Overview

Sales

Rental

Surrounding

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

**Based on 3rd-party rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Description
People's Park Centre is a leasehold (99 yrs from 1970) commercial property. The development occupies a land area of 8,869 sqm and a Gross Floor Area of 76,274 sqm.

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. Other nearby amenities include: 3 Childcare Centre(s): KINDERLAND PRESCHOOL, COLUMBIA JUNIOR ACADEMY PTE. LTD., MY FIRST SKOOL, and 3 Grocerie(s): IROHA INTERNATIONAL PTE. LTD., NTUC FAIRPRICE CO-OPERATIVE LTD, SONG FISH DEALER PTE LTD, and 3 Kindergarten(s): Chinese Kindergarten, Fairfield Methodist Church Kindergarten, YWCA Kindergarten (Outram), and 3 Shopping Mall(s): YUE HWA (NAM TIN) BUILDING, CHINATOWN POINT, THE MAJESTIC.

Based on transaction data in the last 12 months, the highest recorded transaction was S$ 1,659 psf in Sep 2021 for a 603 sqft unit for Office, S$ 4,114 psf in Aug 2021 for a 377 sqft unit for Shop. Its lowest recorded transaction was S$ 1,659 psf in Sep 2021 for a 603 sqft unit for Office, S$ 4,114 psf in Aug 2021 for a 377 sqft unit for Shop.

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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What they say
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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     |   01 Jun 2022
3
"Many eateries available."
J****** C*****
Google Review     |   20 Sep 2020
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
"Without the tour agencies, it's just not as lively as the past."
J***** L**
Google Review     |   16 Sep 2020
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
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Sales Transaction of Upper Cross Street (Limited to 10)

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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

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