CommercialCOMMERCIALLeaseholdDistrict 1 · Outram

People's Park Complex

Reviewed by Nathan TangUpdated 10 August 2026Data through Mar 2026
Quick Summary

People's Park Complex is a commercial building in District 1 · Outram, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 5.6. It is leasehold with roughly 41 years remaining. 265 transactions are on record since 1995, most recently in Mar 2026. 69 units are currently listed for sale or rent. ACRA records 452 live company registrations at this address.

1

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

Key takeawayPeople's Park Complex is a commercial building in District 1 · Outram, zoned COMMERCIAL, held leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
5.6
Tenure
Leasehold
District / Area
District 1 · Outram
Address
1 Park Road
Land area
10,638 sqm
Transactions on record
265 (records start 1995)
Live listings
69
ACRA registrations
452
2

About People's Park Complex

People'S Park Complex is a mixed-use building in Outram (District 01). It is located along Park Road, Singapore 059108.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 5.6. It lies inside the Central Area.

The site is leasehold, with about 41 years remaining on the lease. It occupies roughly 10,638 sqm of land with about 57,947 sqm of gross floor area.

265 transactions have been recorded here, at a median of S$2,068 psf. The most recent was in March 2026.

452 businesses are currently registered at this address with ACRA.

The nearest MRT is Chinatown MRT, 285 m away (about a 4-minute walk). The closest bus stop (Chinatown Stn Exit C) is 46 m away (about a 1-minute walk).

3

What is People's Park Complex zoned as?

Key takeawayPeople's Park Complex sits on land zoned COMMERCIAL with a gross plot ratio of 5.6, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
5.6
Urban design area
Udga
Central Area
Yes

Run the full zoning report for this building →

4

What has People's Park Complex sold for?

Key takeawayAcross 265 recorded transactions since 1995, the median price is about S$880k, most recently in Mar 2026.
DateUsePriceAreaPSF
Mar 2026RetailS$1.46M441 sqft$3,308
Jan 2026OfficeS$700k484 sqft$1,445
Jan 2026RetailS$789k205 sqft$3,857
Aug 2025RetailS$1.20M452 sqft$2,654
Aug 2025OfficeS$1.63M323 sqft$5,032
Aug 2025RetailS$700k151 sqft$4,645
Jul 2025RetailS$925k506 sqft$1,828
Jul 2025RetailS$925k506 sqft$1,828
Jul 2025RetailS$925k506 sqft$1,828
Jul 2025RetailS$925k506 sqft$1,828

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 Park Road price?

Key takeawayAcross 33 strata sales on Park Road in the last 5 years, the median is $2,973 psf.
Strata sales on the street (5y)
33
Street median PSF (strata)
$2,973

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

6

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

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 Complex right now?

Key takeaway69 units are currently listed at People's Park Complex57 for sale and 12 for rent. One row per unit; several agents often market the same unit.

For sale (57)

  • People's Park Complex2 agentsS$1.88M · 602 sqft
  • People's Park ComplexS$5.91M · 904 sqft
  • People's Park ComplexS$29.80M · 5,080 sqft
  • People's Park ComplexS$1.15M · 344 sqft

For rent (12)

  • People's Park ComplexS$3k/mo · 550 sqft
  • People's Park Complex2 agentsS$7k/mo · 603 sqft
  • People's Park ComplexS$3k/mo · 365 sqft
  • People's Park ComplexS$8k/mo · 366 sqft

Browse every listing at this building →

8

What is near People's Park Complex?

Key takeawayThe nearest MRT/LRT is Chinatown MRT, about 285 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Ng Medical Clinic · 9 mChinatown Stn Exit C · 47 mChinatown MRT Exit C · 66 mPlace Of Worship · 281 mHotel · 317 mKreta Ayer Community Club · 328 mDuxton Plain Pk · 359 mEducational Institution · 569 mOutram Polyclinic · 689 mSingapore General Hospital · 756 m

Competing premises nearby

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

People's Park Food Centre · 81 mChinatown Point · 254 mNTUC Fairprice Co-operative Ltd · 254 m

Straight-line distances. Source: PropKaki amenities data.

9

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

Key takeawayACRA records 452 live company registrations at this address, 151 of them in the last three years.
Live registrations
452
Registered last 3 years
151
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

Frequently asked questions about People's Park Complex

Where is People'S Park Complex?

People'S Park Complex is at 1 Park Road, Singapore 059108, in the Outram planning area.

What is People'S Park Complex zoned as?

People'S Park Complex sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 5.6.

What is the tenure of People'S Park Complex?

People'S Park Complex is leasehold. About 41 years remain on the lease.

What have units at People'S Park Complex sold for?

Across 265 recorded transactions, the median price is S$2,068 psf. The latest was in March 2026.

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

Chinatown MRT is the closest, 285 m away (about a 4-minute walk).

How many businesses are registered at People'S Park Complex?

452 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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