1 Park Road 059108, People's Park, Central Region, Singapore
$3,000 /month














CHARMING IMMACULATE STUDIO, CITY LOCATION, 2 MIN WALK to CHINATOWN MRT, GREAT INTERIOR & VIEW, QUIET, PRIVACY - (You get the WHOLE apartment ; (not just a room or a partitioned area & have to share the kitchen & bathroom with co-tenants). This is also a corner unit which means larger floor area & better privacy than many other studios . The design & quality of this unit is excellent. - SUPER CONVENIENT! Going to work is a breeze! 2 MIN's WALK CHINATOWN MRT ! ( 5 MIN's walk to OUTRAM MRT ! Buses & Taxi downstairs. - QUICK ACCESS TO MARINA BAY FINANCIAL CENTRE, RAFFLES PLACE, Singapore River, Club St, Tg Pagar, Shenton Way, Orchard, NUH, One North (Biopolis, Mediapolis etc) -RENOVATED. OPEN-PLAN DESIGN. AIRY. QUIET. Cheerful interior, a bit quirky but immensely functional! Nice view too. - GOOD STORAGE SPACE & AMBIENCE. - FOC WIFI ( 1 GB ). - FOC AIRCON SERVICING. QUIET & PRIVATE (It's a corner unit) -FULLY FURNISHED with quality furniture & appliances.(Bosch washer, New Fridge ( Panasonic) & Dryer ( Beko), Gas Hob, Microwave, Toaster, Vacuum cleaner, Ironing board, some pots pans etc. . BRIGHT AIRY KITCHEN & BATHROOM. - INTERESTING LIVING. Near Ann Siang St, Club St with their many interesting bars n F&B premises. - This studio is ideal for a person looking for AN INTERESTING, AFFORDABLE, WELL DESIGNED & FULLY FURNISHED APT. Past expats were from Europe, USA, Japan, Australia etc. We are looking for a tenant who will look after the property well & enjoy staying in it. Note: These photos were taken at the beginning of the lease with current tenant.
D01 - Outram
Chinatown MRT · 1 min walk
1 January 1970
Small (291 units)
291 units
1 Block
Not available
People's Park Complex is a 99 years leasehold Condo Apartment located in Outram, District 1. Completed in 1970, it has a total of 1 blocks within the development and comprises a total of 291 units. It is within walking distance to MRT stations such as Chinatown MRT and Chinatown MRT, which provide residents easy access to other areas of Singapore. For young couples or families with children, People's Park Complex is also close to schools like Perfect International Beauty & Cosmetology Academy Pte. Ltd., TINGYU ART STUDIO汀渔画室 and The Dive Company. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like $2 Shop and 中国商品城 for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as Chang Choon. Singapore Post - Chinatown Branch is the nearest post office where you can get your postal services done. For your leisure and entertainment, head down to the local park - Garden Link Bridge, to enjoy some fresh air.
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Total Transactions
45
Average Price
S972K
Total Value
S43.7M
Calculating fair value from URA transaction data…
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Estimated sale value based on 39 URA transactions
Fair Value
S$60,364
S$130 psf
Asking Price
S$3,000
S$7 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
43 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
High
39 comps
Nearest MRT
Chinatown
247m away · +3% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
39 comparable transactions
S$1,206
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.100
MRT Proximity
Within 500m / 1km
+3%
AI Condition Premium
HELIOS scan of listing description
+5%
Adjusted Fair Value PSF
S$130
Recent Comparable Transactions
10 shown · 39 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJun 2025 | PARK ROAD Floor 21-25 | 1,119sqft | S$1,400,000 | ▲S$1,251 +862.3% vs FV | 99 yrs lease commencing from 1968 |
Jun 2025 | PARK ROAD Floor 21-25 | 1,119sqft | S$1,400,000 | ▲S$1,251 +862.3% vs FV | 99 yrs lease commencing from 1968 |
Jun 2025 | PARK ROAD Floor 21-25 | 1,119sqft | S$1,450,000 | ▲S$1,295 +896.2% vs FV | 99 yrs lease commencing from 1968 |
Jun 2025 | PARK ROAD Floor 26-30 | 1,119sqft | S$1,380,000 | ▲S$1,233 +848.5% vs FV | 99 yrs lease commencing from 1968 |
Jun 2025 | PARK ROAD Floor 31-35 | 1,173sqft | S$1,258,000 | ▲S$1,072 +724.6% vs FV | 99 yrs lease commencing from 1968 |
May 2025 | PARK ROAD Floor 11-15 | 1,119sqft | S$1,400,000 | ▲S$1,251 +862.3% vs FV | 99 yrs lease commencing from 1968 |
Mar 2025 | PARK ROAD Floor 26-30 | 409sqft | S$625,000 | ▲S$1,528 +1075.4% vs FV | 99 yrs lease commencing from 1968 |
Mar 2025 | PARK ROAD Floor 16-20 | 409sqft | S$580,000 | ▲S$1,418 +990.8% vs FV | 99 yrs lease commencing from 1968 |
Mar 2025 | PARK ROAD Floor 06-10 | 1,119sqft | S$1,338,888 | ▲S$1,196 +820.0% vs FV | 99 yrs lease commencing from 1968 |
Feb 2025 | PARK ROAD Floor 11-15 | 1,119sqft | S$1,118,888 | ▲S$999 +668.5% vs FV | 99 yrs lease commencing from 1968 |
Feb 2025 | PARK ROAD Floor 21-25 | 1,119sqft | S$1,400,000 | ▲S$1,251 +862.3% vs FV | 99 yrs lease commencing from 1968 |
PARK ROAD
Jun 2025 · Floor 21-25
+862.3% vs FV
PARK ROAD
Jun 2025 · Floor 21-25
+862.3% vs FV
PARK ROAD
Jun 2025 · Floor 21-25
+896.2% vs FV
PARK ROAD
Jun 2025 · Floor 26-30
+848.5% vs FV
PARK ROAD
Jun 2025 · Floor 31-35
+724.6% vs FV
PARK ROAD
May 2025 · Floor 11-15
+862.3% vs FV
PARK ROAD
Mar 2025 · Floor 26-30
+1075.4% vs FV
PARK ROAD
Mar 2025 · Floor 16-20
+990.8% vs FV
PARK ROAD
Mar 2025 · Floor 06-10
+820.0% vs FV
PARK ROAD
Feb 2025 · Floor 11-15
+668.5% vs FV
PARK ROAD
Feb 2025 · Floor 21-25
+862.3% vs FV
HELIOS AI-Detected Boosters
HELIOS AI Analysis
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.