1 Park Road 059108, People's Park, Central Region, Singapore
$2,800 /month

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
Estimated sale value based on 2102 URA transactions · 74 outliers removed (IQR)
Fair Value
S$104,599
S$226 psf
Asking Price
S$2,800
S$7 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
-99.7%
Tenure
43 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
High
2102 comps
Nearest MRT
Chinatown
247m away · +3% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
2102 comparable transactions
S$2,677
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.082
MRT Proximity
Within 500m / 1km
+3%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$226
Recent Comparable Transactions
| Date | Block / Street | Area (sqft) | Price | PSF | Floor | Tenure |
|---|---|---|---|---|---|---|
| LAST DONE2025-08 | ROBINSON ROAD | 484 | S$1,180,000 | S$2,436 | 11-15 | Freehold |
| 2025-08 | ROBINSON ROAD | 484 | S$1,180,000 | S$2,436 | 11-15 | Freehold |
| 2025-08 | HAVELOCK ROAD | 1,281 | S$2,310,000 | S$1,803 | 01-05 | 99 yrs lease commencing from 1995 |
| 2025-08 | CLARKE QUAY | 1,959 | S$4,880,000 | S$2,491 | 01-05 | 99 yrs lease commencing from 2021 |
| 2025-08 | PEARL BANK | 743 | S$1,980,000 | S$2,666 | 16-20 | 99 yrs lease commencing from 2019 |
| 2025-08 | ROBERTSON QUAY | 829 | S$1,745,000 | S$2,105 | 01-05 | Freehold |
| 2025-08 | UNITY STREET | 431 | S$1,374,000 | S$3,191 | 01-05 | 999 yrs lease commencing from 1841 |
| 2025-08 | UNITY STREET | 1,044 | S$3,549,000 | S$3,399 | 06-10 | 999 yrs lease commencing from 1841 |
| 2025-08 | UNITY STREET | 1,023 | S$3,404,000 | S$3,329 | 06-10 | 999 yrs lease commencing from 1841 |
| 2025-08 | UNITY STREET | 980 | S$3,301,000 | S$3,370 | 01-05 | 999 yrs lease commencing from 1841 |
| 2025-08 | UNITY STREET | 721 | S$2,386,000 | S$3,308 | 01-05 | 999 yrs lease commencing from 1841 |
Showing 10 most recent transactions from 2102 total comparables used in valuation.
HELIOS AI Analysis
Based on 2102 URA transactions (74 outliers removed), adjusted for: Tenure decay (91.8% discount); MRT Chinatown 247m away (+3%)
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.


License: L3002382K