PEOPLE'S PARK COMPLEX

$ 1,420,000
4 Beds
2 Bath
1,119 sqft
Apartment
$ 1268 psf
D1
2002

Price

Project Average

6.5% below

Project's Average Transaction Price of $1,357 psf

Planning Area Average

48.4% below

Planning Area's Average Transaction Price of $2,457 psf

Project Details

Rental Yield

4.46%

Higher than the national average

Annualised Capital Gain

3.3%

Higher than the national average

Profitable Transactions

100% of its sale transactions were Profitable

Higher than the national average

Rental Volume

28 Rental Transactions Per 100 Units in last 12 months

Higher than the national average

Amenities and Nearby

Existing MRT/LRTs

5 MRTs Currently within 800m

Outram Park MRT, Chinatown MRT, Clarke Quay MRT, Telok Ayer MRT, Maxwell MRT

Primary Schools

1 Primary School within 1km

Cantonment Primary School

Time to City Centre

Less than 30 minutes to City Centre

Via public transport

Shopping Malls

9 Malls within 800m

Chinatown Point, Clarke Quay Central, Far East Square, Havelock 2, People's Park Complex, Riverside Point, New Bridge Centre, Lucky Chinatown, Cross Street Exchange

Groceries

3 Grocery stores within 5 mins walk

Song Fish- Seafood Market Place, The Seafood Market Place By Song Fish, Fairprice

Parks

4 Parks within 800m

Ann Siang Hill Park, Hong Lim Park, Fort Canning Park, Pearl's Hill City Park

Bus Stops

2 Bus stops within 3 minutes walk

New Bridge Ctr (05039) serviced by Bus 2, 12, 12e, 33, 54, 63, 124, 143, 147, 190, 851, 961, 970
Chinatown Stn Exit C (05013) serviced by Bus 2, 12, 33, 61, 63, 80, 143, 197, 961, 970

Other Schools

2 non-primary Schools within 2km

School of the Arts, Singapore, Outram Secondary School

Details

  • Park Road, S59108
  • Apartment
  • 99 years
  • 1,119 sqft
  • Fully Furnished
  • Completed in 2002
  • $ 1268.99 psf
  • Last updated 25 days ago
  • Rental Yield 4.47%

Description

Problem today - the resale market continues to surge, many consumers out there are concerned if it's sustainable. In fact many are waiting for it to come down since covid till today, but unfortunately, it is not what we are expecting. Moving forward, will it come down?

Why prices are not dropping? 5 Factors that cause the prices to be resilient:

HDB prices are increasing and many have made good profits
Rental market is strong
Replacement cost is high, seller wants higher price
Investors are no...

Home Features

Air Conditioning

Water Heater

Facilities

24 hours security

Eateries

Main entrance

Cafes

Car Park

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Mortgage Calculator
Initial PrincipalS$ 1,534
Initial InterestS$ 3,550
Estimated Monthly PaymentS$ 5,084
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Percentage of Downpayment
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Total Loan Amount
Initial PrincipalS$ 1,534
Initial InterestS$ 3,550
Estimated Monthly PaymentS$ 5,084

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Elaine Tay

PROPNEX REALTY PTE. LTD. | R005846J