1 Park Road 059108, People's Park, Central Region, Singapore
$1,600
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: L3007139C
Estimated sale value based on 2075 URA transactions · 75 outliers removed (IQR)
Fair Value
S$55,236
S$276 psf
Asking Price
S$1,600
S$8 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
-99.7%
Tenure
43 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
High
2075 comps
Nearest MRT
Chinatown
247m away · +3% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
2075 comparable transactions
S$2,681
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$276
Recent Comparable Transactions
10 shown · 2075 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2025 | ROBINSON ROAD Floor 11-15 | 484sqft | S$1,180,000 | ▲S$2,436 +782.6% vs FV | Freehold |
Aug 2025 | ROBINSON ROAD Floor 11-15 | 484sqft | S$1,180,000 | ▲S$2,436 +782.6% vs FV | Freehold |
Aug 2025 | HAVELOCK ROAD Floor 01-05 | 1,281sqft | S$2,310,000 | ▲S$1,803 +553.3% vs FV | 99 yrs lease commencing from 1995 |
Aug 2025 | CLARKE QUAY Floor 01-05 | 1,959sqft | S$4,880,000 | ▲S$2,491 +802.5% vs FV | 99 yrs lease commencing from 2021 |
Aug 2025 | PEARL BANK Floor 16-20 | 743sqft | S$1,980,000 | ▲S$2,666 +865.9% vs FV | 99 yrs lease commencing from 2019 |
Aug 2025 | ROBERTSON QUAY Floor 01-05 | 829sqft | S$1,745,000 | ▲S$2,105 +662.7% vs FV | Freehold |
Aug 2025 | UNITY STREET Floor 01-05 | 431sqft | S$1,374,000 | ▲S$3,191 +1056.2% vs FV | 999 yrs lease commencing from 1841 |
Aug 2025 | UNITY STREET Floor 06-10 | 1,044sqft | S$3,549,000 | ▲S$3,399 +1131.5% vs FV | 999 yrs lease commencing from 1841 |
Aug 2025 | UNITY STREET Floor 06-10 | 1,023sqft | S$3,404,000 | ▲S$3,329 +1106.2% vs FV | 999 yrs lease commencing from 1841 |
Aug 2025 | UNITY STREET Floor 01-05 | 980sqft | S$3,301,000 | ▲S$3,370 +1121.0% vs FV | 999 yrs lease commencing from 1841 |
Aug 2025 | UNITY STREET Floor 01-05 | 721sqft | S$2,386,000 | ▲S$3,308 +1098.6% vs FV | 999 yrs lease commencing from 1841 |
ROBINSON ROAD
Aug 2025 · Floor 11-15
+782.6% vs FV
ROBINSON ROAD
Aug 2025 · Floor 11-15
+782.6% vs FV
HAVELOCK ROAD
Aug 2025 · Floor 01-05
+553.3% vs FV
CLARKE QUAY
Aug 2025 · Floor 01-05
+802.5% vs FV
PEARL BANK
Aug 2025 · Floor 16-20
+865.9% vs FV
ROBERTSON QUAY
Aug 2025 · Floor 01-05
+662.7% vs FV
UNITY STREET
Aug 2025 · Floor 01-05
+1056.2% vs FV
UNITY STREET
Aug 2025 · Floor 06-10
+1131.5% vs FV
UNITY STREET
Aug 2025 · Floor 06-10
+1106.2% vs FV
UNITY STREET
Aug 2025 · Floor 01-05
+1121.0% vs FV
UNITY STREET
Aug 2025 · Floor 01-05
+1098.6% vs FV
HELIOS AI Analysis
Based on 2075 URA transactions (75 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.