People's Park Complex

Overview

Sales

Rental

Surrounding

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Overview

Sales

Rental

Surrounding

More

Details

No data

*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 Complex is a leasehold (99 yrs from 1968) commercial property. The development occupies a land area of 10,638 sqm and a Gross Floor Area of 59,443 sqm.

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. 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
Eat & ShopEat & Shop
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Sales Transaction of Park Road

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Area(sqft)
Price(S$ psf)
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Source

Asking Price of PEOPLE'S PARK COMPLEX

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

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Price Trends

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Rental Transactions of Park Road

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Contracts
Lowest Rental (S$ psf pm)
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Transactions Within 1000M In The Last 12 Months
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Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on 3rd-party Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
AVG Price* (S$ psf)
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Listings

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1
$2,900,000

      • Shop
      • D1
      • 99 years
      • S$ 7,490 psf
      • Park Road
      Raymond Lim
      send_enquiry
      thumb-images
      13
      $19,000,000

          • Shop
          • D1
          • 9681
          • 99 years
          • S$ 21,800 psf
          • Park Road
          Joe LIM
          send_enquiry
          thumb-images
          7
          $2,800,000

              • Shop
              • D1
              • 1968
              • 99 years
              • S$ 723 psf
              • Park Road
              Joe LIM
              send_enquiry
              thumb-images
              11
              $1,600,000

                  • Shop
                  • D1
                  • 99 Yrs From 25/03/1968
                  • S$ 3,540 psf
                  • Park Road
                  Sharon Loh
                  send_enquiry
                  thumb-images
                  4
                  $5,913,999

                      • Shop
                      • D1
                      • 99 Yrs From 25/03/1968
                      • S$ 6,540 psf
                      • Park Road
                      MIKE CHIN
                      send_enquiry
                      thumb-images
                      4
                      $2,956,999

                          • Shop
                          • D1
                          • 99 Yrs From 25/03/1968
                          • S$ 6,540 psf
                          • Park Road
                          MIKE CHIN
                          send_enquiry
                          thumb-images
                          10
                          $1,500,000

                              • Shop
                              • D1
                              • 99 years
                              • S$ 3,320 psf
                              • Park Road
                              Pedro Chuang
                              send_enquiry
                              thumb-images
                              11
                              $1,899,999

                                  • Shop
                                  • D1
                                  • 99 Yrs From 25/03/1968
                                  • S$ 4,200 psf
                                  • Park Road
                                  Sharon Loh
                                  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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