1 Park Road 059108, People's Park, Central Region, Singapore
$1,600 /month
Discover the perfect rental opportunity with this spacious apartment located at 1, Park Road, Singapore, available now! Just a short walk to Clarke Quay MRT (0.5 km) and Tanjong Pagar MRT (1.2 km), commuting is a breeze. Enjoy nearby amenities such as CS Fresh @ UE Square (0.8 km) and Clarke Quay Central (0.6 km) for all your shopping needs. Families will appreciate the proximity to Outram Secondary School (1.0 km) and Friendly Waters Seasports Pte. Ltd. (1.2 km) for recreational activities. This apartment features excellent project amenities including a 24-hour security service, a welcoming main entrance, and various eateries and cafes nearby. Inside, you will find essential unit features such as air conditioning, a washing machine, a dryer, bedroom cabinets, and a fridge that make daily living comfortable and convenient. Don't miss this fantastic opportunity to secure a quality living space in the heart of Singapore!
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: L3008899K
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Estimated sale value based on 678 URA transactions · 43 outliers removed (IQR)
Fair Value
S$40,531
S$270 psf
Asking Price
S$1,600
S$11 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
678 comps
Nearest MRT
Chinatown
247m away · +3% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
678 comparable transactions
S$2,623
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$270
Recent Comparable Transactions
10 shown · 678 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2025 | PEARL BANK Floor 16-20 | 743sqft | S$1,980,000 | ▲S$2,666 +887.4% vs FV | 99 yrs lease commencing from 2019 |
Aug 2025 | PEARL BANK Floor 16-20 | 743sqft | S$1,980,000 | ▲S$2,666 +887.4% vs FV | 99 yrs lease commencing from 2019 |
Jul 2025 | CHIN SWEE ROAD Floor 16-20 | 678sqft | S$1,610,000 | ▲S$2,374 +779.3% vs FV | 99 yrs lease commencing from 2020 |
Jul 2025 | PEARL BANK Floor 06-10 | 1,216sqft | S$3,088,888 | ▲S$2,540 +840.7% vs FV | 99 yrs lease commencing from 2019 |
Jul 2025 | PEARL BANK Floor 11-15 | 1,216sqft | S$3,200,000 | ▲S$2,631 +874.4% vs FV | 99 yrs lease commencing from 2019 |
Jun 2025 | PEARL BANK Floor 11-15 | 700sqft | S$1,800,000 | ▲S$2,573 +853.0% vs FV | 99 yrs lease commencing from 2019 |
Jun 2025 | PEARL BANK Floor 16-20 | 570sqft | S$1,410,000 | ▲S$2,472 +815.6% vs FV | 99 yrs lease commencing from 2019 |
Jun 2025 | PEARL BANK Floor 31-35 | 527sqft | S$1,270,000 | ▲S$2,408 +791.9% vs FV | 99 yrs lease commencing from 2019 |
Jun 2025 | PEARL BANK Floor 06-10 | 1,184sqft | S$2,970,000 | ▲S$2,508 +828.9% vs FV | 99 yrs lease commencing from 2019 |
Jun 2025 | PEARL BANK Floor 26-30 | 700sqft | S$1,910,000 | ▲S$2,730 +911.1% vs FV | 99 yrs lease commencing from 2019 |
May 2025 | CHIN SWEE ROAD Floor 01-05 | 495sqft | S$1,030,000 | ▲S$2,080 +670.4% vs FV | 99 yrs lease commencing from 2020 |
PEARL BANK
Aug 2025 · Floor 16-20
+887.4% vs FV
PEARL BANK
Aug 2025 · Floor 16-20
+887.4% vs FV
CHIN SWEE ROAD
Jul 2025 · Floor 16-20
+779.3% vs FV
PEARL BANK
Jul 2025 · Floor 06-10
+840.7% vs FV
PEARL BANK
Jul 2025 · Floor 11-15
+874.4% vs FV
PEARL BANK
Jun 2025 · Floor 11-15
+853.0% vs FV
PEARL BANK
Jun 2025 · Floor 16-20
+815.6% vs FV
PEARL BANK
Jun 2025 · Floor 31-35
+791.9% vs FV
PEARL BANK
Jun 2025 · Floor 06-10
+828.9% vs FV
PEARL BANK
Jun 2025 · Floor 26-30
+911.1% vs FV
CHIN SWEE ROAD
May 2025 · Floor 01-05
+670.4% 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.