Completed 1972

People's Park Complex

D01 · Boat Quay / Raffles Place / Marina · 1 Park Road

A 288-unit apartment in D01, completed in 1972, on a 99-year lease from 1968 with about 40 years left.

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

40 yrs

Lease left

$1,210

Avg $psf, 12 months

Sales, 12 months

1972

Completed

What brings you to People's Park Complex?

Buying here? Get a second opinion. The median sale price here over the last 12 months was $1.25M, across 4 sales. Our consultants can run the numbers against your budget: which stack, what to pay, what to avoid. Free for buyers of private property.

Stacked works with licensed property agents.

Get a second opinion

02 — Prices

People's Park Complex prices

Last 12 months

Sales

$1,210

Average $psf

$1,072 – $1,486

$psf range

$688k – $1.32M

Price range

By unit size

Last 3 years

SizeSalesAvg $psfAvg pricePrice range

Under 500 sq ft9 sales$1,470 psfAvg $618k$545k – $700k

1,100–1,299 sq ft17 sales$1,141 psfAvg $1.28M$1.02M – $1.45M

Average $psf by year

In 2025, sales here averaged $1,271 psf, 53% below the D01 average of $2,729 psf for private homes (condos, apartments and ECs).

This condoD01 average

$2,900 $1,850 $800

$1,008

2015’15

$874

2016’16

$872

2017’17

$960

2018’18

$1,051

2019’19

$930

2020’20

$968

2021’21

$1,048

2022’22

$1,170

2023’23

$1,229

2024’24

$1,271

2025’25

$1,240

2026’26

Show as a table

Year	This condo	D01 average
2026	$1,240	$2,671
2025	$1,271	$2,729
2024	$1,229	$2,416
2023	$1,170	$2,011
2022	$1,048	$2,078
2021	$968	$2,101
2020	$930	$2,162
2019	$1,051	$2,255
2018	$960	$2,314
2017	$872	$1,988
2016	$874	$1,965
2015	$1,008	$2,115

Sales by year

216 sales since 2007; the busiest year was 2010 with 31. The 2026 bar covers Jan–Nov.

Show as a table

Year	Resale	Total
2026	3	3
2025	15	15
2024	8	8
2023	2	2
2022	8	8
2021	12	12
2020	9	9
2019	7	7
2018	3	3
2017	7	7
2016	7	7
2015	6	6
2014	2	2
2013	5	5
2012	21	21
2011	20	20
2010	31	31
2009	12	12
2008	11	11
2007	27	27

Sales in the last two years

20 sales, newest first. Units show the floor only.

DateUnitSizePrice$psfType

8 Sep 2026#24-XX1,119 sq ft$1.2M$1,072 psfResale

31 Aug 2026#14-XX463 sq ft$688k$1,486 psfResale

12 Aug 2026#14-XX1,119 sq ft$1.3M$1,161 psfResale

19 Dec 2025#31-XX1,173 sq ft$1.32M$1,122 psfResale

29 Sep 2025#25-XX409 sq ft$600k$1,467 psfResale

24 Sep 2025#10-XX409 sq ft$650k$1,589 psfResale

12 Sep 2025#11-XX1,119 sq ft$1.4M$1,251 psfResale

26 Jun 2025#28-XX1,119 sq ft$1.38M$1,233 psfResale

26 Jun 2025#22-XX1,119 sq ft$1.45M$1,295 psfResale

26 Jun 2025#21-XX1,119 sq ft$1.4M$1,251 psfResale

Show all 20 sales

Compared with nearby condos

Compared with D01 and the five nearest similar condos · average $psf and price, all unit sizes

People's Park ComplexThis condo · 99-yr from 1968 · 4 sales, last 12 months $1,210 psfavg $1.13M

D01 medianAll condo sales, last 12 months $2,802 psfavg $2.09M

One Pearl Bank340 m · 2023 · 99-yr from 2019 · 21 sales $2,537 psfavg $2.21M The Landmark410 m · 1985 · 99-yr from 2020 · 10 sales $2,468 psfavg $1.59M Union Square Residences470 m · 99-yr · 154 sales $2,855 psfavg $2.38M Dorsett Residences520 m · 2013 · 99-yr from 2009 · 3 sales $2,275 psfavg $1.45M Emerald Garden520 m · 1999 · 999-yr · 7 sales $2,314 psfavg $2.82M

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

Source: URA caveats, Nov 2026. The 2026 averages cover Jan–Nov.

03 — Rent

People's Park Complex rent

Leases starting Sep 2025–Aug 2026

Leases

$3,000

Median rent a month

$1.13M

Avg sale price, 12 months

3.2%

Est. gross yield

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

By bedroom type

TypeLeasesMedian rentMiddle halfD01 median

1-Bedroom48 leases$2,575 median$2,500 – $2,875D01 $4,500

3-Bedroom30 leases$4,775 median$4,388 – $5,325D01 $9,000

Rent and yield compared with nearby condos

Est. gross yield, with median rent a month · nearest condos with 5+ leases

People's Park ComplexThis condo · 99-yr from 1968 · 83 leases 3.2%$3,000 median rent

D01 medianAll condo leases, same months 2.6%$5,300 median rent

One Pearl Bank340 m · 2023 · 99-yr from 2019 · 260 leases 2.3%$4,200 median rent The Landmark410 m · 1985 · 99-yr from 2020 · 232 leases 3.4%$4,475 median rent Dorsett Residences520 m · 2013 · 99-yr from 2009 · 44 leases 3.8%$4,550 median rent Emerald Garden520 m · 1999 · 999-yr · 118 leases 2.3%$5,300 median rent River Place690 m · 1999 · 99-yr from 1995 · 177 leases 2.9%$5,000 median rent

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

40years left of 99

1968Ends 2067

99-year lease from 25 Mar 1968. About 40 years remain as of Nov 2026.

Source: Condo master (URA caveats)

05 — Location

Near People's Park Complex

MRT stations

NEDT Chinatown 190 m · 2 min walk

TEEWNE Outram Park 690 m · 8 min walk

TE Maxwell 770 m · 9 min walk

NE Clarke Quay 840 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 1.0 km · 16 min walk

River Valley Primary School 1.3 km · 20 min walk

Zhangde Primary School 1.8 km · 32 min walk

CHIJ (Kellock) 1.9 km · 28 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 Pearl's Hill City Park 1.2 km · 15 min

Clinic Ho Medical Clinic 390 m · 5 min

Supermarket FairPrice 360 m · 4 min

Hawker centre People's Park Food Centre 210 m · 3 min

Map of the area around People's Park Complex, 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 Complex

Closest condos

Bukit Pasoh Extnsn Constn Area200 m · Freehold People's Park Centre240 m · 1976 · 99-yr from 1970 Pearl Bank Apartment330 m · 1976 · 99-yr from 1970 One Pearl Bank340 m · 2023 · 99-yr from 2019 avg $2.21M$2,537 psf

New launches within 2 km

Union Square Residences470 m · 99-yr avg $2.38M$2,855 psf Tmw Maxwell760 m · 99-yr avg $1.35M$2,852 psf Canninghill Piers780 m · 99-yr from 2021 avg $4.29M$3,053 psf Robertson Opus890 m · 999-yr

Upcoming supply

Cross Street700 m · about 161 units · 0.23 ha Available for application

Morrison Lane900 m · about 205 units · 0.66 ha Available for application

Zion Road (Parcel B)1.3 km · about 578 units · 0.93 ha Awarded · $14,040 psm GFA · Aug 2024

Zion Road (Parcel A)1.3 km · about 951 units · 1.53 ha Awarded · $12,937 psm GFA · Apr 2024

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

07 — From Stacked

Questions about People's Park Complex

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

About 40 years. It is a 99-year lease from 1968.

When was People's Park Complex completed?

1972.

How many units does People's Park Complex have?

288 units.

What is the price psf at People's Park Complex?

4 sales in the last 12 months averaged $1,210 psf, ranging from $1,072 to $1,486 psf.

What did the latest sale go for?

A 1,119 sq ft unit sold for $1.2M ($1,072 psf) on 8 Sep 2026.

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

Leases starting Sep 2025–Aug 2026 had a median rent of $3,000 a month ($2,575 for a 1-bedroom and $4,775 for a 3-bedroom). That is an estimated gross yield of about 3.2%, before costs.

What is the nearest MRT station?

Chinatown (NE, DT), a 2-minute walk (190 m). Outram Park (TE, EW, NE) is 690 m away.

Answers generated from the data on this page, Nov 2026