CommercialCOMMERCIALLeaseholdDistrict 1 · Outram

People's Park Centre

Reviewed by Nathan TangUpdated 8 November 2026Data through Sept 2021
Quick Summary

People's Park Centre is a commercial building in District 1 · Outram, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 8.6. It is leasehold with roughly 43 years remaining. 81 transactions are on record since 1995, at a median S$861 psf, most recently in Sept 2021. 6 units are currently listed for sale or rent. ACRA records 298 live company registrations at this address.

1

What are the key facts about People's Park Centre?

Key takeawayPeople's Park Centre is a commercial building in District 1 · Outram, zoned COMMERCIAL, held leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
8.6
Tenure
Leasehold
District / Area
District 1 · Outram
Address
101a Upper Cross Street
Land area
—
Completed
Not on record
Storeys
Not on record
Strata lots (whole development, MCST)
645
Managing agent
PREMIER PROPERTY CONSULTANCY PTE LTD
Strata formed
1978 (MCST 0393)
Submarket
City Fringe
Units with a recorded sale
At least 61
Transactions on record
81 (records start 1995)
Live listings
6
ACRA registrations
298
2

About People's Park Centre

People'S Park Centre is a mixed-use building in Outram (District 01). It is located along Upper Cross Street, Singapore 058358.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 8.6. It lies inside the Central Area.

The site is leasehold, with about 43 years remaining on the lease.

81 transactions have been recorded here, at a median of S$861 psf. The most recent was in September 2021.

343 businesses are currently registered at this address with ACRA.

The nearest MRT is Chinatown MRT, 221 m away (about a 3-minute walk). The closest bus stop (Aft Chinatown Stn Exit D) is 60 m away (about a 1-minute walk).

3

What is People's Park Centre zoned as?

Key takeawayPeople's Park Centre sits on land zoned COMMERCIAL with a gross plot ratio of 8.6, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
8.6
Urban design area
Udga
Central Area
Yes
BCA-verified envelope: built 49,701 sqm. This block appears only where BCA has published the actual built floor area — everywhere else, buildable headroom cannot be verified and is deliberately not estimated.

Run the full zoning report for this building →

4

What has People's Park Centre sold for?

Key takeawayAcross 81 recorded transactions since 1995, the median price is about S$520k, most recently in Sept 2021.
DateUsePriceAreaPSF
Sept 2021OfficeS$1.00M603 sqft$1,659
Sept 2018OfficeS$1.25M840 sqft$1,489
Apr 2018OfficeS$754k527 sqft$1,429
Feb 2018OfficeS$600k474 sqft$1,267
Aug 2017OfficeS$648k527 sqft$1,229
Aug 2017OfficeS$728k592 sqft$1,230
Aug 2017OfficeS$3.59M2,939 sqft$1,223
Mar 2017OfficeS$1.62M1,313 sqft$1,231
Jul 2016OfficeS$572k441 sqft$1,296
Oct 2013OfficeS$1.50M958 sqft$1,566

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. sqm ↔ sq ft converter

5

What does space at People's Park Centre rent for?

Key takeawayNo rent is published for People's Park Centre itself. On its street, Upper Cross Street, office space rented at a median of $4.50 psf a month in 2026Q3, with the middle half of leases between $3.75 and $4.97. That is not this building's own rent, and never a quote for a particular unit.

Office space on Upper Cross Street

Street level · 2026Q3
25th pct
$3.75
$40.41 psm
Median
$4.50
$48.39 psm
75th pct
$4.97
$53.45 psm

S$ per sq ft per month · median -11% on a year earlier

2023Q4 · $44.55 psm2026Q3 · $48.39 psm median

URA's percentiles of OFFICE rents across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. URA publishes a median only where the street has at least 2 office buildings and 3 contracts that quarter (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Retail space on Upper Cross Street

Street level · 2026Q3
25th pct
$7.54
$81.20 psm
Median
$9.18
$98.84 psm
75th pct
$12.00
$129.20 psm

S$ per sq ft per month · median -6.8% on a year earlier

2023Q4 · $71.43 psm2026Q3 · $98.84 psm median

URA's percentiles of RETAIL rents (shop, F&B, entertainment, health & fitness) across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. Retail rent swings with floor and frontage, so the spread matters as much as the median. A median needs at least 2 buildings and 3 contracts (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Retail space — District 1 retail

Region band · 2026Q3
25th pct
$8.23
$88.64 psm
Median
$10.02
$107.81 psm
75th pct
$15.92
$171.42 psm

S$ per sq ft per month

A REGION BAND — URA's grid for the whole district or location, not this street or building. Say "across <district/location>, …", never that this building rents for it. The middle of URA's retail grid for District 1 across every floor and size band — a ground-floor shop and an upper-floor unit sit at very different points in it.

Source: URA REALIS retail rental analysis (district × floor × size grid).

6

Market context around People's Park Centre

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • Islandwide: Rent S$28.15 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026
  • Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft
Singapore Retail MarketBeat Q2 2026

Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% on the year).

Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.

7

How fast units move at People's Park Centre

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 1 unit for rent; 5 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 0 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

Sale: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 1 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

8

What's been approved at People's Park Centre?

Key takeawayURA has approved 2 changes of use at People's Park Centre since 2000, most recently in 2025. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.
  1. 31 Jan 2025ApprovedFloor 13
    Change of use to commercial school

    Proposed change of use of unit #13-XX to commercial school

  2. 9 Oct 2024ApprovedFloor 12
    Change of use to commercial school

    Proposed change of use of unit #12-XX to commercial school

Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).

9

How does Upper Cross Street price?

Key takeawayAcross 15 strata sales on Upper Cross Street in the last 5 years, the median is $2,674 psf.
Strata sales on the street (5y)
15
Street median PSF (strata)
$2,674

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

10

What do commercial rents run near People's Park Centre?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 1 retail

Gross yield (area)
3.4%
3.0% net of property tax
Rent side (median of bands)
$107.81 psm/mo
2026Q3
Price side (strata, 5y)
$3,561 psf
90 sales

An INDICATIVE AREA yield for District 1 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 1 ($ psm/month, 2026Q3)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$82.69$99.35$120.39
Level 1 · 30 & Below$172.73$245.52$332.57
B1 & Below · 30 & Below$87.33$172.91$321.72
Level 2 & 3 · >30 - 100$77.43$95.09$183.52
Level 1 · >30 - 100$106.77$168.33$217.05
B1 & Below · >30 - 100$117.40$198.29$365.38
Level 1 · >100 - 300$115.69$148.57$187.43
B1 & Below · >100 - 300$148.73$233.33$396.56

Office rents — Central Area ($ psm/month, 2026Q3)

Building class · size band25th pctMedian75th pct
Category 2 · 100 & Below$54.65$69.39$88.80
Category 1 · 100 & Below$103.62$122.24$132.43
Category 1 · >100 - 200$116.28$126.99$148.35
Category 2 · >100 - 200$65.57$82.87$97.63
Category 1 · >200 - 500$114.67$128.09$145.77
Category 2 · >200 - 500$64.83$82.57$94.73
Category 1 · >500 - 1000$106.56$137.78$148.23
Category 2 · >500 - 1000$85.04$89.34$109.80

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.

11

What is available at People's Park Centre right now?

Key takeaway6 units are currently listed at People's Park Centre — 5 for sale and 1 for rent. One row per unit; several agents often market the same unit.

For sale (5)

  • People's Park CentreS$2.30M · 474 sqft
  • People's Park CentreS$1.89M · 602 sqft
  • People's Park CentreS$2.00M · 400 sqft
  • People's Park CentreS$850k · 438 sqft

For rent (1)

  • People's Park CentreS$2k/mo · 220 sqft

Browse every listing at this building →

12

What is near People's Park Centre?

Key takeawayThe nearest MRT/LRT is Chinatown MRT, about 221 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Ho Medical Clinic · 22 mChinatown MRT Exit D · 52 mAft Chinatown Stn Exit D · 61 mHotel · 94 mPlace Of Worship · 215 mHong Lim Pk · 365 mKreta Ayer Community Club · 509 mEducational Institution · 668 mOutram Polyclinic · 912 mSingapore General Hospital · 945 m

Competing premises nearby

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

Chinatown Point · 125 mNTUC Fairprice Co-operative Ltd · 125 mPeople's Park Food Centre · 168 m

Straight-line distances. Source: PropKaki amenities data.

13

Getting there and parking at People's Park Centre

Key takeawayThe nearest station is Chinatown (NE4 / DT19), 51 m away — one of the busiest stations, with about 97,000 taps in and out on an average weekday. 23 public car parks are within 500 m.
Foot traffic: busier than 97% of retail buildings

nearest MRT/LRT Chinatown (NE4/DT19) 51 m, about 97,000 taps a weekday; 7 more stations within 1 km; bus stops within 400 m: 11, about 42,000 taps a weekday; Outram: 38,402 resident workers (Census 2020, by workplace); about 21,000 residents within 1 km (June 2026); 9 other malls within 1 km. Ranked against 12,856 retail buildings by PropKaki's model: a relative score, not a footfall count.

A relative score from PropKaki's model (station and bus taps nearby, workers and residents around, and competing malls), not a count of people.

Stations within 1 km

  • Chinatown (NE4 / DT19)51 m · about 97,000 weekday taps
  • Clarke Quay (NE5)281 m · about 31,000 weekday taps
  • Maxwell (TE18)521 m · about 23,000 weekday taps
  • Telok Ayer (DT18)528 m · about 37,000 weekday taps
  • Outram Park (EW16 / NE3 / TE17)691 m · about 78,000 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to People's Park Centre. Transfers between lines don't tap, so interchanges read low.

Bus

11 bus stops within 400 m, with about 42,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Backlane (Upp Cross St - Mosque St) (URA)142 m
  • Blk 33 Park Crescent Mscp (HDB)175 m
    S$1.20 per half-hour at midday on a weekday · gantry 2.15 m · 576 car lots
  • New Market Rd (URA)194 m
  • Blk 533A Hong Lim Mscp (HDB)213 m
    S$1.20 per half-hour at midday on a weekday · gantry 1.9 m · 583 car lots
  • Mosque St (URA)232 m
    S$1.20 per half-hour at midday on a weekday · 55 car lots

HDB season (car): Tier 1 $110/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $120 Rest of Island, $170 Designated Area, $190 Restricted Zone (sheltered: multi-storey, basement, deck). Industrial-park multi-storey car parks: $110 / $120. Which zone this car park is in is not published as data.

Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 779 m away, S$80/month.

Public car parks only, by straight-line distance, with the operator's published rates. People's Park Centre's own car park, if it has one, and its charges are not in the open data.

14

Who's registered at People's Park Centre?

Key takeaway298 live companies (and LLPs and branches; sole proprietors are not counted) list People's Park Centre as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    67
  • Professional, scientific and technical services
    63
  • Financial and insurance
    49
  • Administrative and support services
    28
  • Transportation and storage
    20
  • Information and communications
    16
  • Manufacturing
    15
  • Real estate
    10
  • Construction
    8
  • Other services
    7

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. Most registrations here are dead: this is a registered-office address (corporate secretaries), so the count says nothing about how busy the building is. ACRA, as of 2026-09-16.

15

What is People's Park Centre's BCA building profile?

BCA building type
Mixed Development
Green Mark
NA (NA)
Energy use intensity
209 kWh/m²·yr
16

Frequently asked questions about People's Park Centre

Where is People'S Park Centre?⌄

People'S Park Centre is at 101A Upper Cross Street, Singapore 058358, in the Outram planning area.

What is People'S Park Centre zoned as?⌄

People'S Park Centre sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 8.6.

What is the tenure of People'S Park Centre?⌄

People'S Park Centre is leasehold. About 43 years remain on the lease.

What have units at People'S Park Centre sold for?⌄

Across 81 recorded transactions, the median price is S$861 psf. The latest was in September 2021.

What is the nearest MRT station to People'S Park Centre?⌄

Chinatown MRT is the closest, 221 m away (about a 3-minute walk).

How many businesses are registered at People'S Park Centre?⌄

343 businesses are 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 Park Centre.