CommercialCOMMERCIALLeaseholdDistrict 1 · Outram

People's Park Centre

Reviewed by Nathan TangUpdated 10 November 2026Data through Apr 2026

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. 338 transactions are on record since 1995, at a median S$1,205 psf, most recently in Apr 2026. 29 units are currently listed for sale or rent. ACRA records 1,490 live company registrations at this address.

The facts are here — now get the verdict on People's Park Centre.

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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: 101 Upper Cross Street
Land area: 8,869 sqm
Completed: 1976 (per CommercialGuru)
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 224
Transactions on record: 338 (records start 1995)
Live listings: 29
ACRA registrations: 1,490

What are the specs at People's Park Centre?

Key takeawayThe building's specs as its sources state them — the listing agent or the management can confirm a unit's own.

Facilities: car park; Source: CommercialGuru

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 058357.

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. It occupies roughly 8,869 sqm of land with about 76,274 sqm of gross floor area.

338 transactions have been recorded here, at a median of S$1,204 psf. The most recent was in April 2026.

1,914 businesses are currently registered at this address with ACRA.

The nearest MRT is Chinatown MRT, 213 m away (about a 3-minute walk). The closest bus stop (Aft Chinatown Stn Exit D) is 57 m away (about a 1-minute walk).

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: allowable GFA 76,273 sqm · built 49,701 sqm · headroom 26,572 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 →

What has People's Park Centre sold for?

Key takeawayAcross 338 recorded transactions since 1995, the median price is about S$650k, most recently in Apr 2026.

Date	Use	Price	Area	PSF
Apr 2026	Retail	S$1.40M	484 sqft	$2,890
Feb 2026	Retail	S$2.20M	452 sqft	$4,866
Feb 2026	Retail	S$28.00M	5,705 sqft	$4,908
Dec 2025	Retail	S$830k	323 sqft	$2,570
Dec 2025	Office	S$1.45M	1,066 sqft	$1,361
Nov 2025	Office	S$1.58M	1,012 sqft	$1,562
Jul 2025	Retail	S$1.95M	431 sqft	$4,529
Mar 2025	Office	S$720k	431 sqft	$1,672
Mar 2025	Retail	S$1.40M	484 sqft	$2,890
Nov 2024	Retail	S$1.18M	441 sqft	$2,674

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

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).

Market context around People's Park Centre

Key takeawayCollective sale: A collective sale tender launched 16 Jul 2026 at a guide price of S$1.48 billion closed 16 Sep 2026; no outcome was reported. EdgeProp Singapore A collective sale needs the owners' consent and may still fail.Brokers' 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.

How fast units move at People's Park Centre

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 15 units for rent; 14 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 3 new listings appeared and 3 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 3 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.

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

Key takeawayURA has approved 52 changes of use at People's Park Centre since 2000, most recently in 2025, and refused 5. 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.

30 Jun 2026RefusedFloor 3
Change of use to massage establishment
Proposed change of use of unit #03-XX to massage establishment
30 Jan 2026RenewedFloor 2
Continued use as massage establishment
Continued use of shop unit #02-XX as massage establishment (spa, massage & foot reflexology)
16 Jan 2026RenewedFloor B1
Continued use as clubhouse
Continued use of basement 1 shop units #B1-XX & #B1-XX and sports & recreational unit #B1-XX as clubhouse (with karaoke use) at the people's park centre
12 Jun 2025ApprovedFloor 3
Change of use to restaurant
Proposed change of use of unit #03-XX to restaurant (as an extension of existing restaurant at #03-XX)
16 May 2025Agency worksFloor 6
Change of use to commercial school
Lodgment for proposed use of unit #06-XX as commercial school
27 Mar 2025RenewedFloor 2
Continued use as massage establishment
Continued use of the shop premises #02-XX as massage establishment
18 Feb 2025RenewedFloor 2
Continued use as massage establishment
Continued use of the shop unit #02-XX as massage establishment
18 Dec 2024ApprovedFloor 1
Change of use to restaurant
Proposed change of use of unit #01-XX to restaurant
14 Mar 2024ApprovedFloor 9
Change of use to office
Proposed change of use of unit #09-XX to office
23 Nov 2023ApprovedFloor 3
Change of use to shop
Proposed change of use of unit #03-XX to shop
16 Oct 2023RenewedFloor 1
Continued use as massage establishment
Continued use of unit #01-XX as massage establishment
15 Sept 2023RenewedFloor 2
Continued use as massage establishment
Continued use of unit #02-XX as massage establishment

101 earlier change-of-use and A&A decisions are on record since 2000.

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).

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)

Street median PSF (strata)

$2,674

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

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 band	25th pct	Median	75th 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 band	25th pct	Median	75th 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.

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

Key takeaway29 units are currently listed at People's Park Centre — 14 for sale and 15 for rent. One row per unit; several agents often market the same unit.

For sale (14)

People's Park CentreS$5.50M · 500 sqft
People's Park CentreS$1.10M · 355 sqft
People's Park CentreS$1.20M · 731 sqft
People's Park Centre2 agentsS$788k · 430 sqft

For rent (15)

People's Park CentreS$2k/mo · 452 sqft
People's Park CentreS$3k/mo · 452 sqft
People's Park CentreS$16k/mo · 1,500 sqft
People's Park CentreS$2k/mo · 220 sqft

Browse every listing at this building →

What is near People's Park Centre?

Key takeawayThe nearest MRT/LRT is Chinatown MRT, about 213 m away — and 3 competing retail premisess operate nearby.

Getting around

Chinatown MRT213 m · ~3 min

Amenities nearby

Ho Medical Clinic · 23 mChinatown MRT Exit D · 51 mAft Chinatown Stn Exit D · 57 mHotel · 97 mPlace Of Worship · 221 mHong Lim Pk · 363 mKreta Ayer Community Club · 502 mEducational Institution · 673 mOutram Polyclinic · 910 mSingapore General Hospital · 946 m

Competing premises nearby

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

Chinatown Point · 118 mNTUC Fairprice Co-operative Ltd · 118 mPeople's Park Food Centre · 167 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at People's Park Centre

Key takeawayThe nearest station is Chinatown (NE4 / DT19), 50 m away — one of the busiest stations, with about 97,000 taps in and out on an average weekday. 25 public car parks are within 500 m.

Foot traffic: busier than 97% of retail buildings

nearest MRT/LRT Chinatown (NE4/DT19) 50 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)50 m · about 97,000 weekday taps
Clarke Quay (NE5)281 m · about 31,000 weekday taps
Maxwell (TE18)514 m · about 23,000 weekday taps
Telok Ayer (DT18)521 m · about 37,000 weekday taps
Outram Park (EW16 / NE3 / TE17)688 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)134 m
Blk 33 Park Crescent Mscp (HDB)178 m
S$1.20 per half-hour at midday on a weekday · gantry 2.15 m · 576 car lots
New Market Rd (URA)198 m
Blk 533A Hong Lim Mscp (HDB)206 m
S$1.20 per half-hour at midday on a weekday · gantry 1.9 m · 583 car lots
Mosque St (URA)224 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, 787 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.

Who's registered at People's Park Centre?

Key takeaway1,490 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
353
Professional, scientific and technical services
331
Information and communications
158
Financial and insurance
154
Administrative and support services
113
Construction
74
Accommodation and food services
59
Transportation and storage
51
Other services
49
Manufacturing
40

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. Homes share this postal code, so some registrations are home-based. ACRA, as of 2026-09-16.

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

Frequently asked questions about People's Park Centre

Where is People'S Park Centre?⌄

People'S Park Centre is at 101 Upper Cross Street, Singapore 058357, 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 338 recorded transactions, the median price is S$1,204 psf. The latest was in April 2026.

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

Chinatown MRT is the closest, 213 m away (about a 3-minute walk).

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

1,914 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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This development is also registered as the residential project People's Park Centre.

Read the figures right

Completion year: as CommercialGuru states it, not checked against an official record. Sales records start in 1995, which says nothing about when a building was built.

Strata lots: the lot count in the development's MCST (BCA's register) — the whole development, homes included where it is mixed; a single-owner mall or tower can be one lot.

Strata formed: the year the MCST was set up (BCA's register). NOT the year the building was completed — an MCST forms after TOP, sometimes years later. Never state it as the building's age.

Managing agent: as BCA's MCST register names it; it can change between register updates.

Submarket: PropKaki's own map from URA's planning subzones (CBD core, City Hall / Bugis, Orchard, city fringe, regional centres, suburban). Brokers draw these lines differently.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

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.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from CommercialGuru, BCA's MCST register, PropKaki's submarket map, URA planning decisions, URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model — see our methodology. Last updated 10 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.