1 Park Road 059108, People's Park, Central Region, Singapore
$1,960,000
Huge 4B3B | High Floor | Prime Location Attractive investment with close to 6% p.a. rental yield Tenanted unit – collect rental immediately upon completion Serious seller. Priced to sell. Enquire now for details. Unit Features • High-floor, spacious unit (1,604 sqft) • 8 partitioned bedrooms • Monthly rental of approximately $9,000 • High rental yield of close to 6% p.a. – Smart investor’s choice! Prime Location – Convenience at Its Best • Directly connected to Chinatown MRT (92m) • Near Maxwell MRT (431m), Outram Park MRT (497m), Clarke Quay MRT (639m), Telok Ayer MRT (711m) and Tanjong Pagar MRT (917m) • Surrounded by numerous shopping malls: People’s Park Complex, The Majestic, People’s Park Centre, Chinatown Point, Clarke Quay Central, Tanjong Pagar Centre and One Raffles Place etc • 11 bus stops within a 400m radius • Nearby schools include Cantonment Primary School, River Valley Primary School, Outram Secondary School and Insworld Institute etc Hard to come by opportunity ! View to believe now ~ *** Photo for illustrative purposes only *** Original condition unit, perfect for buyers to design and renovate to their own taste. For an exclusive viewing, please contact: Melody I 8866.2943 Propnex Realty Pte Ltd JNA Real Estate - Your 21st Century Real Estate Team We have sold over 2,000 homes, achieved 8 out of 10 record prices, and served more than 700 investors, delivering an impressive average annual return of 19.56%. Contact me for more information.
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…


License: L3008022J
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Automated Valuation based on 39 URA transactions
Fair Value
S$1.91M
S$1,188 psf
Asking Price
S$1.96M
S$1,222 psf
vs Market
+2.8%
vs Last Done
-2.3%
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
0%
Adjusted Fair Value PSF
S$1,188
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 +5.3% vs FV | 99 yrs lease commencing from 1968 |
Jun 2025 | PARK ROAD Floor 21-25 | 1,119sqft | S$1,400,000 | ▲S$1,251 +5.3% vs FV | 99 yrs lease commencing from 1968 |
Jun 2025 | PARK ROAD Floor 21-25 | 1,119sqft | S$1,450,000 | ▲S$1,295 +9.0% vs FV | 99 yrs lease commencing from 1968 |
Jun 2025 | PARK ROAD Floor 26-30 | 1,119sqft | S$1,380,000 | ▲S$1,233 +3.8% vs FV | 99 yrs lease commencing from 1968 |
Jun 2025 | PARK ROAD Floor 31-35 | 1,173sqft | S$1,258,000 | ▼S$1,072 -9.8% vs FV | 99 yrs lease commencing from 1968 |
May 2025 | PARK ROAD Floor 11-15 | 1,119sqft | S$1,400,000 | ▲S$1,251 +5.3% vs FV | 99 yrs lease commencing from 1968 |
Mar 2025 | PARK ROAD Floor 26-30 | 409sqft | S$625,000 | ▲S$1,528 +28.6% vs FV | 99 yrs lease commencing from 1968 |
Mar 2025 | PARK ROAD Floor 16-20 | 409sqft | S$580,000 | ▲S$1,418 +19.4% vs FV | 99 yrs lease commencing from 1968 |
Mar 2025 | PARK ROAD Floor 06-10 | 1,119sqft | S$1,338,888 | ▲S$1,196 +0.7% vs FV | 99 yrs lease commencing from 1968 |
Feb 2025 | PARK ROAD Floor 11-15 | 1,119sqft | S$1,118,888 | ▼S$999 -15.9% vs FV | 99 yrs lease commencing from 1968 |
Feb 2025 | PARK ROAD Floor 21-25 | 1,119sqft | S$1,400,000 | ▲S$1,251 +5.3% vs FV | 99 yrs lease commencing from 1968 |
PARK ROAD
Jun 2025 · Floor 21-25
+5.3% vs FV
PARK ROAD
Jun 2025 · Floor 21-25
+5.3% vs FV
PARK ROAD
Jun 2025 · Floor 21-25
+9.0% vs FV
PARK ROAD
Jun 2025 · Floor 26-30
+3.8% vs FV
PARK ROAD
Jun 2025 · Floor 31-35
-9.8% vs FV
PARK ROAD
May 2025 · Floor 11-15
+5.3% vs FV
PARK ROAD
Mar 2025 · Floor 26-30
+28.6% vs FV
PARK ROAD
Mar 2025 · Floor 16-20
+19.4% vs FV
PARK ROAD
Mar 2025 · Floor 06-10
+0.7% vs FV
PARK ROAD
Feb 2025 · Floor 11-15
-15.9% vs FV
PARK ROAD
Feb 2025 · Floor 21-25
+5.3% vs FV
HELIOS AI Analysis
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.