People'S Park Complex
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.
Where People'S Park Complex ranks in District 01
All 15 projects ›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.
Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.
Lease decay
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 band | Median psf | Transactions |
|---|---|---|
| 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
| Date | Floor | Type | Area | Price | psf |
|---|---|---|---|---|---|
| Dec 2025 | 31-35 | Resale | 109 sqm | $1,317,000 | $1,123 |
| Sep 2025 | 21-25 | Resale | 38 sqm | $600,000 | $1,467 |
| Sep 2025 | 06-10 | Resale | 38 sqm | $650,000 | $1,589 |
| Sep 2025 | 11-15 | Resale | 104 sqm | $1,400,000 | $1,251 |
| Jun 2025 | 31-35 | Resale | 109 sqm | $1,258,000 | $1,072 |
| 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 |
| 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 |
About People'S Park Complex
People'S Park Complex is a 99-year leasehold development with its lease commencing in 1968 and about 41 years remaining in District 01 (Raffles Place / Marina / Cecil), within the Rest of Central Region of Singapore. It sees regular transaction activity, with 39 recorded apartment transactions 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) sold for $1,317,000 in 2025-12, and the median price is $1,222 per square foot. Prices here have risen sharply, by about 24.9% over the period (around 5.1% a year). Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold relativity ratio at 41 years remaining is 0.7560, an annual lease decay of about 1.13%. 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.