Square Foot Research Singapore

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PEOPLE'S PARK COMPLEX

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Project Information

Project Name

PEOPLE'S PARK COMPLEX

Street Name

Park Road

Property Type

Shop / Office

Tenure

99 Yrs FROM 1968

District / Planning Area

D1 / Outram

Completion

Unknown

Indicative price range / Average*

Office: S$ 3,406 - S$ 3,406 psf / S$ 3,406 psf
Shop: S$ 2,374 - S$ 3,684 psf / S$ 3,029 psf
Shop House: -

Indicative rental range / Average#

Office: S$ 0.00 - S$ 0.00 psf pm / S$ 2.74 psf pm
Shop: S$ 0.00 - S$ 0.00 psf pm / S$ 8.03 psf pm
Shop House: -

Implied rental yield

Office: 0.97%
Shop: 3.18%
Shop House: -

Historical high

Office: S$ 6,852 psf in Sep 2017 for a 172-sqft unit
Shop: S$ 15,484 psf in Feb 2021 for a 872-sqft unit
Shop House: S$ 15,464 psf in Nov 2020 for a 873-sqft unit

Indicative average price from historical high

Office: -50.3%
Shop: -80.4%
Shop House: -

Historical low

Office: S$ 237 psf in Feb 2005 for a 10,570-sqft unit
Shop: S$ 165 psf in May 1998 for a 484-sqft unit
Shop House: S$ 2,885 psf in Nov 2021 for a 312-sqft unit

Note: *Based on transactions in the last 6 months. #Based on the street rental data in the last 6 months, may not be representative.

Location

Transaction Prices, Rents, Trends and Analysis

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Nearby properties

Price and rental comparisons (Up to 10)

Note: Excludes properties with no transactions in the past 6 months. *Prices and rents are based on data in the past 6 months. Rents are based on street names and may not be representative of the subject property.
Source: https://www.squarefoot.com.sg
Marker Project Type Tenure Distance
(m)
Lowest
price*
(S$ psf)
Average
price*
(S$ psf)
Highest
price*
(S$ psf)
Rental
25th*
(S$ psf pm)
Median
Rental*
(S$ psf pm)
Rental
75th*
(S$ psf pm)
Rental yield
(%)
PEOPLE'S PARK COMPLEX Office 99 Yrs FROM 1968 - 3,406 3,406 3,406 - 2.74 - 1.0
PEOPLE'S PARK COMPLEX Shop 99 Yrs FROM 1968 - 2,374 3,029 3,684 - 8.03 - 3.2
PEOPLE'S PARK CENTRE Office 99 Yrs FROM 1970 233 1,340 1,340 1,340 - 3.93 - 3.5
PEOPLE'S PARK CENTRE Shop 99 Yrs FROM 1970 233 4,114 4,114 4,114 - 6.59 - 1.9
CHINATOWN POINT Office 99 Yrs FROM 1980 291 1,687 1,738 1,788 - 5.86 - 4.0
KRETA AYER CONSERVATION AREA Shop House Freehold 366 9,365 9,365 9,365 - 11.81 - 1.5
BUKIT PASOH CONSERVATION AREA Shop House Freehold 374 7,860 7,860 7,860 - 8.17 - 1.2
MANHATTAN HOUSE Office 99 Yrs FROM 1969 379 1,285 1,379 1,473 - 2.88 - 2.5
MANHATTAN HOUSE Shop 99 Yrs FROM 1969 379 2,854 2,854 2,854 - 4.94 - 2.1
TELOK AYER CONSERVATION AREA Office 999 Yrs FROM 1827 385 5,641 5,641 5,641 - 8.06 - 1.7

Location of nearby properties

Note: Excludes properties with no transactions in the past 6 months.
Source: https://www.squarefoot.com.sg

Nearby land sales / new launches

There are no nearby land sales or new launches

Disclaimer

This report provides information as reference resource for your personal consumption only. It is not intended to be and does not constitute financial advice, investment advice or any other advice. This report has been generated without regard to the individual financial circumstances, needs or objectives of persons who view it. Users should not rely on any of the information herein as authoritative or substitute for the exercise of their own skill and judgment in making any investment or other decision. By the use of our services, you agree that any and all use of this report which you make, is solely at your own risk and without any recourse whatsoever to Square Foot Research Pte. Ltd., its related and affiliate companies and/or their employees. Square Foot Research Pte. Ltd. makes reasonable effort to use reliable and comprehensive information to generate this report, but we make no representation that it is accurate or complete.

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