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People'S Park Centre

D1RCRCentralOutram
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People'S Park Centre is an apartment located along Upper Cross Street within District 01 with a 99-year lease commencing on 2 June 1970. It was completed in 1976 with 120 units in total. So far it has been transacted a total of 53 times, amounting to $46.8M+ in total.

< 1km
MRT Station
Near
$1M+ HDB
Mega
Development
< 10y
Property Age
> 1K
MOPs in Town
100%
Profitable
Top 20
Schools
50+
Deals Past Yr

Project Facts

Street
Upper Cross Street
Developer
N.A.
Property Type
Apartment
Completion
1976
Total Units
120
Plot Ratio
N.A.
Unit Size
1,572 - 4,166 sqft
Tenure
99 yrs from 02/06/1970
Lease Remaining
43 yrs
Postal Sector
5

GLS Site

Land Use
Commercial and Residential
Development Type
Office / Shopping / Flats
Site Area
9596.80
Plot Ratio
7.00
GLS Launch
14-11-1969
Tender Closed
17-03-1970
Awarded
27-04-1970
Awarded To
Goh Tjoei Kok
Bids
2
Winning Tender
7520240.00
Land Rate (GFA)
111.95
Land Rate (ppr)
10.40
Max GFA (Est.)
67177.60

Nearby Stations

  • Chinatown64 m · MRTNE4DT19
  • Clarke Quay269 m · MRTNE5
  • Clark Quay484 m · MRTMRT
See details on nearby stations

Transaction

N.A.
Sold At Launch
28%
HDB Buyers
$46.8M+
Total Transacted
12-01-1996
First Transacted
27-03-2025
Last Transacted
53
Total Transactions

Transaction Volume

Transaction Volume01232013 · Resale: 220132014 · Resale: 120142015 · Resale: 120152016 · Resale: 320162021 · Resale: 120212022 · Resale: 120222024 · Resale: 120242025 · Resale: 12025
New SaleSub SaleResale
75.0%
% Profitable
6
Profitable
2
Unprofitable
4
> 6% Annualized
8.8 yrs
Avg Holding
$3.7M
Total Profits

Annualized Profit %

Annualized Profit %-20.0%-10.0%0.0%10.0%20.0%30.0%2002 · Average Annualized Profit: -10.2%20022003 · Average Annualized Profit: -2.6%20032011 · Average Annualized Profit: 8.4%20112013 · Average Annualized Profit: 26.4%20132015 · Average Annualized Profit: 10.6%20152021 · Average Annualized Profit: 3.1%2021
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Rental

Past 1 month
$2.95
Avg PSF Rental
8
No. of Rentals
4.0%
Est. Rental Yield

Rental Volume

Rental Volume0510152019 · Rentals: 1320192020 · Rentals: 1420202021 · Rentals: 1320212022 · Rentals: 1320222023 · Rentals: 1120232024 · Rentals: 720242025 · Rentals: 820252026 · Rentals: 72026
View full details
Unit Distribution
TypeUnits%Size
3 BR6050.00%1,572 - 1,711 sqft
4 BR5243.30%1,862 - 2,766 sqft
5 BR86.70%4,090 - 4,166 sqft
Profitability by Block
BlockPostal CodeProfitable %Annualized Profit %
101B05835975.0%6.6%
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