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HomeRentCondominiumApartmentD01 - Boat Quay / Raffles Place / MarinaPeople's Park ComplexApartment (Condo) for Room Rent: People's Park Complex

Apartment (Condo) for Room Rent: People's Park Complex

1 Park Road 059108, People's Park, Central Region, Singapore

$1,600 /month

Let us match your requirements
Added 2 months ago
ApartmentFor rent
Area: 85 sqft
Property image 1
Property image 2
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Main property image
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IMAGES GALLERY

Nearest MRT Station

Outram Park

East-West Line EW16

walk•

Property Details

Property IDjQxND8Jjx43V8hfiGSrgZm
PriceS$1,600
Property TypeApartment
StatusFor rent
Built Area85 sqft
PSF
S$19
Year Built1970
Furnished StatusUnknown

Description

Common Room for Rent at People’s Park Complex – Prime City Living Live right in the heart of Chinatown with unbeatable convenience. Perfect for singles or couples who want direct access to transport, food, and city life. Unmatched Location • Direct access to MRT & shopping mall • Surrounded by eateries, hawker centres & daily essentials • Doorstep convenience—everything you need within minutes Room Features • Bright and well-ventilated • Comfortable layout ideal for rest and work

Development Information

District & Area

D01 - Outram

Nearest MRT

Chinatown MRT · 1 min walk

Tenure

99 years

TOP Date

1 January 1970

Project Size

Small (291 units)

291 units

Building Structure

1 Block

Developer

Not available

Unit Configuration
Bedroom TypesNot available Bedroom
About This Development

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, Singapore

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Total Transactions

45

Average Price

S972K

Total Value

S43.7M

Sales Timeline

Calculating fair value from URA transaction data…

Agent

Kai Yue

PROPNEX REALTY PTE. LTD.
+65 9183 xxxx
Get a Free Home Valuation
Find out your property value today

Disclaimer: The information provided on Listings.sg is for general informational purposes only. While we strive to ensure the accuracy of property listings, they are subject to change. If you notice any inaccuracies, fraudulent activity, or issues with this listing, please report it to our support team.

Similar Properties

Market Price· Fairly priced

Room Rental Listing

Sale-value benchmarks do not apply to individual rooms

Fair Value

NA

Not meaningful for room rentals

Asking Price

S$1,600

S$19 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

641 comps

High = 10+ comps
Medium = 5–9 comps
Low = <5 comps

Nearest MRT

Chinatown

247m away · +3% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

641 comparable transactions

S$2,631

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$271

Recent Comparable Transactions

10 shown · 641 total
DateBlock / StreetAreaPricePSFTenure
Last DoneAug 2025

PEARL BANK

Floor 16-20

743sqftS$1,980,000
▲S$2,666
+883.8% vs FV
99 yrs lease commencing from 2019
Aug 2025

PEARL BANK

Floor 16-20

743sqftS$1,980,000
▲S$2,666
+883.8% vs FV
99 yrs lease commencing from 2019
Jul 2025

CHIN SWEE ROAD

Floor 16-20

678sqftS$1,610,000
▲S$2,374
+776.0% vs FV
99 yrs lease commencing from 2020
Jul 2025

PEARL BANK

Floor 06-10

1,216sqftS$3,088,888
▲S$2,540
+837.3% vs FV
99 yrs lease commencing from 2019
Jul 2025

PEARL BANK

Floor 11-15

1,216sqftS$3,200,000
▲S$2,631
+870.8% vs FV
99 yrs lease commencing from 2019
Jun 2025

PEARL BANK

Floor 11-15

700sqftS$1,800,000
▲S$2,573
+849.4% vs FV
99 yrs lease commencing from 2019
Jun 2025

PEARL BANK

Floor 16-20

570sqftS$1,410,000
▲S$2,472
+812.2% vs FV
99 yrs lease commencing from 2019
Jun 2025

PEARL BANK

Floor 31-35

527sqftS$1,270,000
▲S$2,408
+788.6% vs FV
99 yrs lease commencing from 2019
Jun 2025

PEARL BANK

Floor 06-10

1,184sqftS$2,970,000
▲S$2,508
+825.5% vs FV
99 yrs lease commencing from 2019
Jun 2025

PEARL BANK

Floor 26-30

700sqftS$1,910,000
▲S$2,730
+907.4% vs FV
99 yrs lease commencing from 2019
May 2025

CHIN SWEE ROAD

Floor 01-05

495sqftS$1,030,000
▲S$2,080
+667.5% vs FV
99 yrs lease commencing from 2020
Last Done

PEARL BANK

Aug 2025 · Floor 16-20

▲S$2,666 psf

+883.8% vs FV

743 sqftS$1,980,00099 yrs lease commencing from 2019

PEARL BANK

Aug 2025 · Floor 16-20

▲S$2,666 psf

+883.8% vs FV

743 sqftS$1,980,00099 yrs lease commencing from 2019

CHIN SWEE ROAD

Jul 2025 · Floor 16-20

▲S$2,374 psf

+776.0% vs FV

678 sqftS$1,610,00099 yrs lease commencing from 2020

PEARL BANK

Jul 2025 · Floor 06-10

▲S$2,540 psf

+837.3% vs FV

1,216 sqftS$3,088,88899 yrs lease commencing from 2019

PEARL BANK

Jul 2025 · Floor 11-15

▲S$2,631 psf

+870.8% vs FV

1,216 sqftS$3,200,00099 yrs lease commencing from 2019

PEARL BANK

Jun 2025 · Floor 11-15

▲S$2,573 psf

+849.4% vs FV

700 sqftS$1,800,00099 yrs lease commencing from 2019

PEARL BANK

Jun 2025 · Floor 16-20

▲S$2,472 psf

+812.2% vs FV

570 sqftS$1,410,00099 yrs lease commencing from 2019

PEARL BANK

Jun 2025 · Floor 31-35

▲S$2,408 psf

+788.6% vs FV

527 sqftS$1,270,00099 yrs lease commencing from 2019

PEARL BANK

Jun 2025 · Floor 06-10

▲S$2,508 psf

+825.5% vs FV

1,184 sqftS$2,970,00099 yrs lease commencing from 2019

PEARL BANK

Jun 2025 · Floor 26-30

▲S$2,730 psf

+907.4% vs FV

700 sqftS$1,910,00099 yrs lease commencing from 2019

CHIN SWEE ROAD

May 2025 · Floor 01-05

▲S$2,080 psf

+667.5% vs FV

495 sqftS$1,030,00099 yrs lease commencing from 2020
Below Fair Value
Above Fair Value
FV: S$271 psf

HELIOS AI Analysis

Based on 641 URA transactions (39 outliers removed), adjusted for: Tenure decay (90.0% 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.