Rent vs D01 -42.9%
Rents below district median
People's Park Complex's latest 12-month median rent is $3,000 compared with the D01 median of $5,250 for the same period. Use this district check before narrowing by bedroom and area band.
People's Park Complex rent and sale price
D01 / Raffles Place, Cecil, Marina, People's Park
Address 1 Park Road People's Park Complex Singapore 059108
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Quick summary about People's Park Complex
People's Park Complex is a 99-year leasehold apartment in D01 / Raffles Place, Cecil, Marina, People's Park. The page currently tracks 418 rentals and 39 sales.
- Latest 12M median rent is $3,000 per month from 91 rentals. The bedroom and floor-area tables below show the full loaded history.
- Latest 12M median sale price is $983,500, with median sale PSF at $1,359 psf from 4 sales.
- Rent is down 23.1% over the last 3 months. Sale PSF is down 0.7% over the last 3 months.
People's Park Complex Market Brief
Compare the project with D01 across rent, sale PSF, tenure and transaction activity.
Compared with D01
Sale PSF vs D01 -51.3%
Sale PSF below district median
People's Park Complex's latest 12-month median sale PSF is $1,359 psf versus the D01 median of $2,793 psf for the same period. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 3.66%
Rent support above district screen
Gross yield is roughly 3.66% versus a D01 screen of 2.97%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 94.5% spread
Rent is uneven
Recent median rents vary a lot, usually because unit mix differs month to month.
Market activity -30.4%
Activity is lighter
39 recent transactions versus 56 in the prior 6-month view.
Tenure lens 99-year leasehold
Leasehold comparison needed
99-year leasehold from 1968 matters most on sale price. Compare People's Park Complex against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Before you decide
Latest 12M median rent $3,000
Is the asking rent fair?
$2,850 to $3,150 is the first fair-rent band to check. Above $3,150 should have a visible reason.
Latest 12M median sale PSF $1,359 psf
Is the purchase price fair?
$950,000 to $1,010,000 and $1,320 to $1,400 psf are the first sale checks before adjusting for floor, size, view and condition.
1 bed rent $2,300
Are similar units renting for more?
1 bed and 400 to 500 sqft give the closest unit-size checks.
Rent stability 94.5% spread
Is rent stable here?
Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.
Transaction volume -30.4%
Is activity rising?
Activity is lighter. 39 recent transactions versus 56 in the prior 6-month view.
People's Park Complex Project Facts
Project-level details from URA records and local enrichment.
Tenure 99-year leasehold from 1968
Property type Apartment, Non-Landed Properties
Sales 39 resale transactions
Total sold value $38.6M
People's Park Complex Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 418 Jun 2021 to Jun 2026
Sale transactions 39 Jun 2021 to Dec 2025
Rent trend -23.1% Last 3 months
Sale PSF trend -0.7% Last 3 months
People's Park Complex Location
Nearest transport, schools and daily conveniences around the project.
Project MRT School Amenities
Nearby
Approximate distance from the project. Walking, driving and transit routes may differ.
Closest MRT
CHINATOWN MRT STATION 0.07 km away
CHINATOWN MRT STATION (NE4) 0.1 km away
CHINATOWN MRT STATION (DT19) 0.29 km away
Schools nearby
OUTRAM SECONDARY SCHOOL 0.66 km away
CANTONMENT PRIMARY SCHOOL 1 km away
RIVER VALLEY PRIMARY SCHOOL 1.35 km away
ZHANGDE PRIMARY SCHOOL 1.84 km away
Amenities
UE SHOPPING MALL Mall / retail · 0.95 km away
FAIRPRICE FINEST THE CENTREPOINT Daily needs · 1.98 km away
HAWKER CENTRE (BLK 1 JALAN KUKOH) Food centre · 0.54 km away
People's Park Complex Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $2,450 129 rentals in view
Latest median sale PSF $1,122 psf 15 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Jun 2026 2 $2,450 0 - -
May 2026 12 $3,350 0 - -
Apr 2026 8 $3,000 0 - -
Mar 2026 3 $3,000 0 - -
Feb 2026 2 $4,190 0 - -
Jan 2026 12 $3,900 0 - -
Dec 2025 4 $2,775 1 $1,122 psf $1,317,000
Nov 2025 6 $5,450 0 - -
Oct 2025 9 $4,800 0 - -
Sept 2025 12 $2,525 3 $1,467 psf $650,000
Aug 2025 12 $2,500 0 - -
Jul 2025 9 $5,000 0 - -
Projects Similar to People's Park Complex
Same district, ranked by similar rent, sale PSF and transaction depth.
99-year leasehold from 1992 The Riverside Piazza 0.5 km away 65 transactions
- Median rent
- $4,100
- Median sale PSF
- $1,586 psf
- Median rent
- $4,400
- Median sale PSF
- $2,000 psf
- Median rent
- $4,925
- Median sale PSF
- $2,026 psf
- Median rent
- $3,800
- Median sale PSF
- $2,347 psf
- Median rent
- $5,500
- Median sale PSF
- $2,259 psf
- Median rent
- $4,500
- Median sale PSF
- $986 psf
People's Park Complex Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
1 bed $2,300 $2,282 230
3 bed $4,500 $4,269 153
4 bed $6,000 $5,879 23
Unknown $4,190 $4,357 12
People's Park Complex Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
300 to 400 sqft $2,200 $2,100 5
400 to 500 sqft $2,300 $2,286 225
900 to 1,000 sqft $1,100 $2,550 3
1,100 to 1,200 sqft $4,500 $4,284 161
1,600 to 1,700 sqft $5,800 $5,677 21
2,200 to 2,300 sqft $8,000 $8,000 1
3,700 to 3,800 sqft $8,000 $8,000 2
People's Park Complex Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
06 to 10 $650,000 $1,332 psf 5
11 to 15 $1,060,000 $999 psf 7
16 to 20 $965,000 $1,143 psf 7
21 to 25 $1,001,888 $1,251 psf 13
26 to 30 $630,000 $1,316 psf 4
31 to 35 $1,300,000 $1,108 psf 3
People's Park Complex Latest Transactions
Most recent URA rentals and sales for this project.
Rentals
Sales
How to use this data
Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.
Rent negotiation
If you are renting
People's Park Complex shows a latest 12-month median monthly rent of $3,000 across 91 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Latest 12M median rent $3,000
Rentals in period 91
Rent signal Strong
- If the asking rent is above the median, look for a clear reason such as larger size, newer condition, furnishings or a better stack.
- If it is below the median, check whether the unit is smaller, older, lower floor or has a shorter lease term.
Offer check
If you are buying
Latest 12M sales at People's Park Complex show a median price of $983,500 and $1,359 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Latest 12M median sale $983,500
Latest 12M median PSF $1,359 psf
Sale signal Strong
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- 99-year leasehold from 1968 should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position
If you are selling
For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. People's Park Complex has 39 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Strong
Total sold value $38.6M
Latest record Jun 2026
- Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
- If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.
Run People's Park Complex numbers
Start with the project benchmarks, then adjust the calculator assumptions for the unit you are considering.
Rental yield $3,000/mo Test gross and net yield against typical rent. Buy vs rent $983.5K Compare ownership cost against renting. Mortgage $983.5K Estimate monthly payment from the sale price. Stamp duty $1,359 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
District context
Use D01 to compare People's Park Complex against the wider area.
About this data
How to read the rental and sale figures on this page.
Rental figures come from URA private residential rent data. Rent is shown as monthly rent.
Sale figures come from private residential sale data. PSF and total selling value are shown where the needed fields are available.
Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.
Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.
People's Park Complex FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at People's Park Complex?
People's Park Complex has a latest 12-month median monthly rent of $3,000 across 91 rentals in that period.
What is the typical sale price at People's Park Complex?
The latest 12-month median sale price for People's Park Complex is $983,500, based on 4 sales in that period.
What is the median sale PSF at People's Park Complex?
The latest 12-month median sale price per square foot for People's Park Complex is $1,359 psf. The average for the same period is $1,357 psf.
Is People's Park Complex freehold or leasehold?
People's Park Complex is listed as 99-year leasehold from 1968. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is People's Park Complex located?
People's Park Complex is located at 1 Park Road People's Park Complex Singapore 059108 in D01 / Raffles Place, Cecil, Marina, People's Park.
How current is the People's Park Complex transaction data?
The project page uses the latest records currently loaded on PropertySmartSG. Treat it as research evidence and check the latest transaction rows before using it for pricing.