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People'S Park Complex

Apartment · District 01 (Raffles Place / Marina / Cecil) · Rest of Central Region · 99-year lease (41 yrs left) · Updated Dec 2025

People'S Park Complex is a 99-year lease (41 yrs left) apartment development in District 01 (Raffles Place / Marina / Cecil). It has 39 recorded private transactions. Latest sale: $1,317,000 (Dec 2025, 109 sqm, floors 31-35). Median $1,222/sqft. Prices up 24.9% over the period. 41 years lease remaining.

Latest Sale
$1,317,000
Dec 2025 · 109 sqm
Median Price
$1,222/sqft
$1,060,000 typical unit
Transactions
39
$625–$1,711 psf
Price Trend
▲ 24.9%
~5.1% a year

Where People'S Park Complex ranks in District 01

All 15 projects ›
Median psf
Top 100%
#15 / 15 Top 100%
Typical unit price
Top 93%
#14 / 15 Top 93%
Most recent sale
Top 73%
#11 / 15 Top 73%
Price growth
Top 9%
#1 / 11 Top 9%

Median psf over time

Estimate a unit at People'S Park Complex

Based on URA transactions for this development. Pick a floor band and unit size.

Estimated value
Project forward
Market growth +5.1%/yr
Lease decay −1.13%/yr
Growth scenario
In 5 years

Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.

Lease decay

41 yrs
Remaining lease
1.13%
Annual decay (Bala's Table)
1968
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 1.13% a year.

Price by floor

Floor bandMedian psfTransactions
06-10 $1,332 5
11-15 $1,000 7
16-20 $1,143 7
21-25 $1,251 13
26-30 $1,316 4
31-35 $1,108 3

Recent transactions

DateFloorType AreaPricepsf
Dec 2025 31-35 Resale 109 sqm $1,317,000 $1,123
Sep 2025 06-10 Resale 38 sqm $650,000 $1,589
Sep 2025 11-15 Resale 104 sqm $1,400,000 $1,251
Sep 2025 21-25 Resale 38 sqm $600,000 $1,467
Jun 2025 21-25 Resale 104 sqm $1,400,000 $1,251
Jun 2025 21-25 Resale 104 sqm $1,450,000 $1,295
Jun 2025 26-30 Resale 104 sqm $1,380,000 $1,233
Jun 2025 31-35 Resale 109 sqm $1,258,000 $1,072
May 2025 11-15 Resale 104 sqm $1,400,000 $1,251
Mar 2025 26-30 Resale 38 sqm $625,000 $1,528
Mar 2025 06-10 Resale 104 sqm $1,338,888 $1,196
Mar 2025 16-20 Resale 38 sqm $580,000 $1,418
Feb 2025 21-25 Resale 104 sqm $1,400,000 $1,251
Feb 2025 11-15 Resale 104 sqm $1,118,888 $1,000
Jan 2025 06-10 Resale 104 sqm $1,285,000 $1,148
Dec 2024 21-25 Resale 38 sqm $700,000 $1,711
Nov 2024 21-25 Resale 38 sqm $590,000 $1,442
Oct 2024 21-25 Resale 104 sqm $1,200,000 $1,072
Jul 2024 16-20 Resale 43 sqm $580,000 $1,253
Jun 2024 06-10 Resale 38 sqm $545,000 $1,332
May 2024 16-20 Resale 104 sqm $1,280,000 $1,143
Mar 2024 16-20 Resale 104 sqm $1,080,000 $965
Jan 2024 11-15 Resale 104 sqm $1,020,000 $911
Nov 2023 06-10 Resale 38 sqm $570,000 $1,394
Feb 2023 11-15 Resale 104 sqm $1,060,000 $947
Showing 25 of 39 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.
Primary schools nearby

No primary school is within 1 km of People'S Park Complex, but 4sit in the 1–2 km second-priority band.

Compare homes near every primary school
Distances are straight-line (aerial) from the development, the same basis MOE uses for Home–School Distance priority. Being inside a priority zone improves but does not guarantee a place.
Where this home sits, and its schools
0 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Private condos and apartments closest to People'S Park Complex, with their median resale psf. Useful for comparing what People'S Park Complex costs per square foot against nearby developments.

More condos in District 01
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.

About People'S Park Complex

People'S Park Complex is a 99-year leasehold apartment development in District 01 (Raffles Place / Marina / Cecil), its lease commencing in 1968 and about 41 years remaining, so lease decay is a real factor in its pricing. Its $1,222 psf median sits about 45% below the District 01 median, cheaper than about 93% of projects there. It has a regular flow of transactions, with 39 sales between 2021-06 and 2025-12, ranging from $500,000 to $1,522,000. The most recent transaction was a 109 sqm unit (floors 31-35) at $1,317,000 in Dec 2025, and the median is $1,222 psf. Over the data window, prices here are up about 24.9% (about 5.1% a year). All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at People'S Park Complex cost?

The most recent transaction at People'S Park Complex was $1,317,000 for a 109 sqm unit in 2025-12. The median price is $1,222 per square foot across 39 transactions, ranging from $500,000 to $1,522,000. Data sourced from URA.

Is People'S Park Complex freehold or leasehold?

People'S Park Complex is on a 99-year lease commencing in 1968, with approximately 41 years remaining. Under Bala's Table, the annual lease decay at this point is about 1.13%.

What is the price per square foot (psf) at People'S Park Complex?

The median price at People'S Park Complex is $1,222 psf, with transactions ranging from $625 to $1,711 psf. This is based on 39 URA-recorded transactions in District 01.

Have prices at People'S Park Complex gone up or down?

Prices at People'S Park Complex have increased by approximately 24.9% over the data period (around 5.1% a year). The median price is currently $1,222 psf, with the most recent sale at $1,317,000 in 2025-12.