5 Bed Apartment (Condo) for Sale in People's Park Complex
1 Park Road 059108, People's Park, Central Region, Singapore
$1,960,000
IMAGES GALLERY
Nearest MRT Station
Property Details
Description
Discover an exceptional investment opportunity in the heart of the city with this spacious unit. This well-designed property which is currently fully tenanted, makes it a perfect choice for investors seeking immediate rental income. Key Features: - Size: 1,604 sqft - Floor: Above 25th floor with breathtaking views - Rooms: Well-appointed rooms, all tenanted - ROI: Enjoy a strong return on investment of over 6% - Flexibility: Option to purchase with existing tenancies or opt for vacant possession Location: Situated in a vibrant area, People’s Park Complex offers convenient access to public transportation, shopping, dining, and entertainment, ensuring a desirable living environment for tenants or a prime location for your future residence. Investment Highlights: - Turnkey Investment: Established tenant relationships provide immediate cash flow. - Flexible Purchase Options: Choose to maintain current tenancies for steady income or take advantage of a vacant possession. - Potential for Growth: With ongoing developments in the vicinity, this property promises long-term value appreciation. Don’t miss out on this rare opportunity to own a versatile property in a prime location. ☎ Call Margaret @ 9388XXXX today to schedule a viewing or for more information!
District & Area
D01 - Outram
Nearest MRT
Chinatown MRT · 1 min walk
Tenure
99 yearsTOP Date
1 January 1970
Project Size
Small (291 units)
291 units
Building Structure
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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Location
1 Park Road 059108, People's Park, Central Region, SingaporeLoading map...
Mortgage Calculation
Mortgage calculation on 4% interest rate
Total Transactions
45
Average Price
S972K
Total Value
S43.7M
Sales Timeline
Calculating fair value from URA transaction data…
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