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Singapore Property News, Insights and Analysis

Completed 1976

People's Park Centre

D01 · Boat Quay / Raffles Place / Marina · 101 Upper Cross Street

A 120-unit apartment in D01, completed in 1976, on a 99-year lease from 1970 with about 42 years left.

Source: Condo master (URA caveats); URA transactions, Nov 2026

42 yrs
Lease left
1976
Completed
120
Units
300 m
Chinatown MRT
People's Park Centre

What brings you to People's Park Centre?

Buying here? Get a second opinion. The last recorded sale here was $2.088M ($894 psf) in Mar 2025. Our consultants can run the numbers against your budget: which stack, what to pay, what to avoid. Free for buyers of private property.

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02 — Prices

People's Park Centre prices

All sales on record
53
Sales on record
Mar 2025
Latest sale
Average $psf by year
In 2025, sales here averaged $894 psf, 67% below the D01 average of $2,729 psf for private homes (condos, apartments and ECs).
This condoD01 average
Show as a table
YearThis condoD01 average
2025$894$2,729
2024$912$2,416
2022$749$2,078
2021$794$2,101
2016$609$1,965
2015$709$2,115
2014$634$2,209
2013$930$2,259
2012$818$2,136
2011$802$2,237
2010$639$2,267
2007$543$1,849
Sales by year
18 sales since 2007; the busiest year was 2011 with 3. The 2026 bar covers Jan–Nov.
Show as a table
YearResaleTotal
202600
202511
202411
202300
202211
202111
202000
201900
201800
201700
201633
201511
201411
201322
201222
201133
201011
200900
200800
200711
Sales in the last two years
DateUnitSizePrice$psfType
27 Mar 2025#13-XX2,336 sq ft$2.09M$894 psfResale
Compared with nearby condos

Prices by bedroom type are based on matching sales to unit sizes.

Last 12 monthsNo sales in the last 12 months.

Source: URA caveats, Nov 2026.

03 — Rent

People's Park Centre rent

Leases starting Sep 2025–Aug 2026
14
Leases
$4,800
Median rent a month

D01 median rent: $5,300 a month; est. gross yield 2.6%.

By bedroom type
TypeLeasesMedian rentMiddle halfD01 median
3-Bedroom13 leases$4,600 median$4,225 – $5,400D01 $9,000

Estimated gross yield: a year of median rent (leases starting Sep 2025–Aug 2026) over the average sale price of the last 12 months, before costs. No yield is shown with fewer than 3 sales in the year. Rents and sale prices both cover roughly the last 12 months, so read the yield as a guide to that year rather than an exact figure. A higher yield often reflects a lower price, such as an older lease, rather than a better buy.

Source: URA rental contracts, Aug 2026

04 — Lease
42years left of 99
1970Ends 2069

99-year lease from 2 Jun 1970. About 42 years remain as of Nov 2026.

Source: Condo master (URA caveats)

05 — Location

Near People's Park Centre

MRT stations
NEDT Chinatown 300 m · 4 min walk
NE Clarke Quay 620 m · 7 min walk
DT Telok Ayer 750 m · 9 min walk
TE Maxwell 810 m · 10 min walk

Walking times and distances are estimates from OneMap walking routes; a station without a walking time shows the straight-line distance. Check OneMap for your exact route.

Primary schools
Within 2 km
Cantonment Primary School 1.2 km · 18 min walk
River Valley Primary School 1.3 km · 19 min walk
Zhangde Primary School 2.0 km · 34 min walk

Distances are straight-line, which is what the 1 km and 2 km bands refer to; walking times are estimates from OneMap walking routes. Check the MOE website for confirmation.

Everyday amenities
Park Hong Lim Park 370 m · 4 min
Clinic Ho Medical Clinic 280 m · 3 min
Supermarket FairPrice 300 m · 4 min
Hawker centre People's Park Food Centre 270 m · 3 min
Map of the area around People's Park Centre, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Nov 2026

06 — Nearby

Condos and supply around People's Park Centre

Upcoming supply
Cross Street650 m · about 161 units · 0.23 ha Available for application
Morrison Lane820 m · about 205 units · 0.66 ha Available for application
River Valley Green (Parcel C)1.3 km · about 447 units · 1.15 ha Awarded · $18,622 psm GFA · Jun 2026
River Valley Green (Parcel B)1.3 km · about 456 units · 1.17 ha Awarded · $15,285 psm GFA · Feb 2025

Source: URA transactions; URA land sales; OneMap distances, Nov 2026

07 — From Stacked

Read more about People's Park Centre

6 more articles mention People's Park Centre.

Source: Stacked Homes editorial

08 — FAQ

Questions about People's Park Centre

How many years are left on the lease at People's Park Centre?

About 42 years. It is a 99-year lease from 1970.

When was People's Park Centre completed?

1976.

How many units does People's Park Centre have?

120 units.

When was the last sale?

Mar 2025. There are 53 sales on record.

How much is the rent at People's Park Centre?

Leases starting Sep 2025–Aug 2026 had a median rent of $4,800 a month ($4,600 for a 3-bedroom).

What is the nearest MRT station?

Chinatown (NE, DT), a 4-minute walk (300 m). Clarke Quay (NE) is 620 m away.

Answers generated from the data on this page, Nov 2026