People's Park Centre

Overview

Sales

Rental

Surrounding

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Overview

Sales

Rental

Surrounding

More

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on 3rd-party rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Description
People's Park Centre is a leasehold (99 yrs from 1970) commercial property. The development occupies a land area of 8,869 sqm and a Gross Floor Area of 76,274 sqm.

PEOPLE'S PARK CENTRE is located along Upper Cross Street in Outram, in District 1. It is accessible through the nearest MRTs including Chinatown DT19, NE4 and Clarke Quay NE5. Other nearby amenities include: 3 Grocerie(s): IROHA INTERNATIONAL PTE. LTD., NTUC FAIRPRICE CO-OPERATIVE LTD, SONG FISH DEALER PTE LTD, and 3 Shopping Mall(s): Chinatown Point, Havelock 2, People's Park Complex.

Based on transaction data in the last 12 months, the highest recorded transaction was S$ 3,152 psf in Jan 2024 for a 452 sqft unit for Office, S$ 3,613 psf in Jan 2024 for a 97 sqft unit for Shop. Its lowest recorded transaction was S$ 1,394 psf in Aug 2024 for a 753 sqft unit for Office, S$ 3,613 psf in Jan 2024 for a 97 sqft unit for Shop.

Buyers and tenants are attracted to District 1, which covers areas such as Cecil, Raffles Place, Marina, People’s Park and Boat Quay. District 1 is home to the largest financial hub in Singapore, spanning from Raffles Place to Marina Bay, an area built on reclaimed land. Dubbed the “Wall Street” of Singapore, Raffles Place and Marina Bay have the highest concentration of Grade A offices - highly sought-after by financial institutions and professional service firms. Apart from business activities, District 1 is also a popular destination for recreational activities and tourism. Situated right next to the Central Business District is Boat Quay positioned at the mouth of the Singapore River. Once the busiest quay in Singapore, Boat Quay has transformed into a popular hang-out place for food and drinks, featuring an eclectic mix of high-end restaurants, alfresco dining and bars. Comprised of high-end developments, houses in District 1 are highly popular amongst both local and foreign home-buyers.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
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What they say
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5
"Visited a few handphone shops to bypass my phone. Price was affordable at $35. There are a lot of saloon for ladies to go, offering as cheap as $150 for hair highlight and rebounding. Comes with free hair cut too."
H***** K****
Google Review     |   14 Jul 2022
3
"Interesting mall full of tat that you might find interesting and want to buy. The food hall is well stocked with many kinds of dishes. The staff are very friendly and not pushy. It differently has an old school feel to it. Most of the shops offer Chinese goods for example medicine or books. There are quite a few massage parlors too."
G**** A****
Google Review     |   31 May 2022
4
"The food court is neat and spacious. Food prices are reasonable e.g. S$4.50. Majority are local delicious Chinese food. Walk out of food court and the shopping centre is waiting for the next shoppers."
T***** L****
Google Review     |   25 May 2022
3
"Many eateries available."
J****** C*****
Google Review     |   20 Sep 2020
3
"Without the tour agencies, it's just not as lively as the past."
J***** L**
Google Review     |   15 Sep 2020
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

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Sales Transaction of Upper Cross Street

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Source

Asking Price of PEOPLE'S PARK CENTRE

Source: URA, https://www.edgeprop.sg

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Rental Transactions of Upper Cross Street

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Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on 3rd-party Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
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Listings

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10
$880,000

      • Office
      • D1
      • 1976
      • 99 years
      • S$ 2,000 psf
      • Upper Cross Street
      Adam Wang
      send_enquiry
      thumb-images
      5
      $1,300,000

          • Office
          • D1
          • 99 years
          • S$ 2,600 psf
          • Upper Cross Street
          SOM
          send_enquiry
          thumb-images
          5
          $3,888,000

              • Shophouse
              • D1
              • 99 years
              • S$ 5,020 psf
              • Upper Cross Street
              June Leng Yee Hoe
              send_enquiry
              thumb-images
              5
              $1,300,000

                  • Office
                  • D1
                  • 99 years
                  • S$ 2,600 psf
                  • Upper Cross Street
                  Eugene Wee
                  send_enquiry

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                  FAQs about PEOPLE'S PARK CENTRE

                  What is the nearest MRT Station to PEOPLE'S PARK CENTRE ?
                  The nearest MRT Station from PEOPLE'S PARK CENTRE is Chinatown NE4,NE5,DT19 MRT

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