People's Park Complex
People's Park Complex is a 99-year leasehold condominium located in District 1 (Raffles Place, Marina, Cecil, People's Park), part of the Rest of Central Region (RCR). Completed in 1970, the development comprises 288 units, on a lease that commenced in 1968. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
PEOPLE'S PARK COMPLEX
Over the 12 months to Dec 2025, People's Park Complex recorded 4 resale transactions at a median $1,359 psf (median price $983,500), and 91 rental contracts at a median $3,000/mo, a gross rental yield of 3.7%. Source: URA caveat data, as of Dec 2025.
People's Park Complex's median of $1,359 psf over the trailing 12 months places its pricing below roughly 86% of District 1 condos; resale liquidity has been limited with 4 caveats lodged; the 3.7% gross rental yield sits above the ~3% private-market benchmark. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Dec-25 | $1,317,000 | $1,123 psf | 1,173 sqft | 31 to 35 | 3BR |
| Sep-25 | $600,000 | $1,467 psf | 409 sqft | 21 to 25 | Studio |
| Sep-25 | $1,400,000 | $1,251 psf | 1,119 sqft | 11 to 15 | 3BR |
| Sep-25 | $650,000 | $1,589 psf | 409 sqft | 06 to 10 | Studio |
| Jun-25 | $1,258,000 | $1,072 psf | 1,173 sqft | 31 to 35 | 3BR |
| Jun-25 | $1,380,000 | $1,233 psf | 1,119 sqft | 26 to 30 | 3BR |
| Jun-25 | $1,450,000 | $1,295 psf | 1,119 sqft | 21 to 25 | 3BR |
| Jun-25 | $1,400,000 | $1,251 psf | 1,119 sqft | 21 to 25 | 3BR |
Can I afford People's Park Complex?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $983,500.
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.