CommercialCOMMERCIALLeaseholdDistrict 1 · Outram

People's Park Centre

Reviewed by Nathan TangUpdated 10 August 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, most recently in Sept 2021. 7 units are currently listed for sale or rent. ACRA records 343 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
Transactions on record
81 (records start 1995)
Live listings
7
ACRA registrations
343
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$728k592 sqft$1,230
Aug 2017OfficeS$3.59M2,939 sqft$1,223
Aug 2017OfficeS$648k527 sqft$1,229
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.

5

How does Upper Cross Street price?

Key takeawayAcross 17 strata sales on Upper Cross Street in the last 5 years, the median is $2,674 psf.
Strata sales on the street (5y)
17
Street median PSF (strata)
$2,674

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

6

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

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

Indicative area yield — District 1 retail

Gross yield (area)
4.0%
3.6% net of property tax
Rent side (median of bands)
$128.98 psm/mo
2026Q2
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, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$86.02$123.08$167.78
B1 & Below · 30 & Below$69.95$306.07$392.13
Level 1 · 30 & Below$142.92$214.69$372.85
Level 1 · >30 - 100$117.46$187.50$219.19
B1 & Below · >30 - 100$116.28$142.89$228.69
Level 4 & Above · >30 - 100$71.98$75.86$192.95
Level 2 & 3 · >30 - 100$73.23$95.24$167.06
Level 2 & 3 · >100 - 300$83.43$129.13$158.54

Office rents — Central Area ($ psm/month, 2026Q2)

Building class · size band25th pctMedian75th pct
Category 1 · 100 & Below$91.40$96.39$119.48
Category 2 · 100 & Below$57.98$71.59$86.82
Category 1 · >100 - 200$113.24$120.54$144.36
Category 2 · >100 - 200$59.40$77.88$96.88
Category 2 · >200 - 500$69.97$89.34$97.94
Category 1 · >200 - 500$112.64$129.70$148.82
Category 1 · >500 - 1000$119.97$136.70$147.13
Category 2 · >500 - 1000$55.42$82.91$92.66

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 available at People's Park Centre right now?

Key takeaway7 units are currently listed at People's Park Centre6 for sale and 1 for rent. One row per unit; several agents often market the same unit.

For sale (6)

  • 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 →

8

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.

9

How many companies are registered at People's Park Centre?

Key takeawayACRA records 343 live company registrations at this address, 77 of them in the last three years.
Live registrations
343
Registered last 3 years
77
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.

10

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
11

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.

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