CommercialRESIDENTIAL999-year leaseholdDistrict 19 · Hougang

People's Garden

Reviewed by Nathan TangUpdated 10 August 2026Data through May 2003
Quick Summary

People's Garden is a commercial building in District 19 · Hougang, on land zoned RESIDENTIAL under the URA Master Plan. It is 999-year leasehold. 2 transactions are on record since 1995, most recently in May 2003. ACRA records 1 live company registration at this address.

1

What are the key facts about People's Garden?

Key takeawayPeople's Garden is a commercial building in District 19 · Hougang, zoned RESIDENTIAL, held 999-year leasehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL
Gross plot ratio
Landed housing area
Tenure
999-year leasehold
District / Area
District 19 · Hougang
Address
32 Lorong 1 Realty Park
Land area
205 sqm
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
1
2

About People's Garden

People'S Garden is a mixed-use building in Hougang (District 19). It is located along Lorong 1 Realty Park, Singapore 536954.

Under the URA Master Plan it sits on land zoned residential.

The site is 999-year leasehold, with about 852 years remaining on the lease. It occupies roughly 205 sqm of land with about 274 sqm of gross floor area.

2 transactions have been recorded here, at a median of S$628 psf. The most recent was in May 2003.

1 business is currently registered at this address with ACRA.

The nearest MRT is Hougang MRT, 468 m away (about a 7-minute walk). The closest bus stop (Blk 708) is 162 m away (about a 2-minute walk).

3

What is People's Garden zoned as?

Key takeawayPeople's Garden sits on land zoned RESIDENTIAL.
Land-use zone
RESIDENTIAL
Gross plot ratio
Landed housing area

URA has not published a fixed plot ratio for this site — the Master Plan records "LND" (Landed housing area), meaning intensity is decided case by case on application. Do not quote a plot ratio, and do not compute buildable GFA from it.

Run the full zoning report for this building →

4

What has People's Garden sold for?

Key takeaway2 transactions are on record since 1995, most recently in May 2003 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
May 2003Shop HouseS$795k1,561 sqft$509
Dec 1995Shop HouseS$1.17M1,561 sqft$748

URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.

5

How does Lorong 1 Realty Park price?

Strata sales on the street (5y)
1

Too few strata sales on this street to support a median — the count is shown without one.

Street figures cover strata deals only — land and strata PSF are not comparable.

6

What do commercial rents run near People's Garden?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 19 retail

Gross yield (area)
10.3%
9.3% net of property tax
Rent side (median of bands)
$203.46 psm/mo
2026Q2
Price side (strata, 5y)
$2,200 psf
71 sales

An INDICATIVE AREA yield for District 19 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.

Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

Retail rents — District 19 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
B1 & Below · 30 & Below$63.18$70.59$323.45
Level 2 & 3 · 30 & Below$44.44$66.00$73.08
Level 1 · 30 & Below$65.69$92.24$377.30
Level 2 & 3 · >30 - 100$147.73$234.51$281.12
Level 1 · >30 - 100$107.69$250.70$306.57
B1 & Below · >30 - 100$257.47$297.67$372.67
Level 2 & 3 · >100 - 300$109.91$140.32$169.42
Level 1 · >100 - 300$183.40$220.71$251.55

URA REALIS rental-contract percentiles for the district/location — an area benchmark, not this building's own rents. Office and retail are dimensioned differently and are never mixed.

7

What is near People's Garden?

Key takeawayThe nearest MRT/LRT is Hougang MRT, about 468 m away — and 1 competing retail premises operate nearby.

Getting around

Amenities nearby

Realty Park · 92 mBlk 708 · 162 mPlace Of Worship · 201 mEducational Institution · 278 mPonggol Clinic · 291 mHougang Polyclinic · 318 mHougang MRT Exit A · 367 mHougang Community Club · 390 m

Competing premises nearby

Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.

Hougang Mall · 661 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at People's Garden?

Key takeawayACRA records 1 live company registration at this address.
Live registrations
1
Registered last 3 years
0
Most common type
Local Company

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

9

Frequently asked questions about People's Garden

Where is People'S Garden?

People'S Garden is at 32 Lorong 1 Realty Park, Singapore 536954, in the Hougang planning area.

What is People'S Garden zoned as?

People'S Garden sits on land zoned residential under the URA Master Plan.

What is the tenure of People'S Garden?

People'S Garden is 999-year leasehold. About 852 years remain on the lease.

What have units at People'S Garden sold for?

Across 2 recorded transactions, the median price is S$628 psf. The latest was in May 2003.

What is the nearest MRT station to People'S Garden?

Hougang MRT is the closest, 468 m away (about a 7-minute walk).

How many businesses are registered at People'S Garden?

1 business is currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.

For agents · in the PropKaki app

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This development is also registered as the residential project People's Garden.

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