PropHerald

PEOPLE'S PARK COMPLEX

PARK ROAD

Private development · D1 in the August 2026 private residential report

At a glance

Tenure

99-yr leasehold from 1968

Median psf (12 mo)

S$1,251

Plot ratio

5.6 (MP2025)

Zoning & plot ratio by Master Plan

Master PlanPlot ratioLand use
MP20035.6COMMERCIAL
MP20085.6COMMERCIAL
MP20145.6COMMERCIAL
MP20195.6COMMERCIAL
MP20255.6COMMERCIAL

Location

Blocks in this development

1 Park Road

Transactions

5 sales in the last 12 months

MonthTypeLevelArea m² PriceS$ psfSale type
Aug 2026Apartment11-15 104S$1,300,000 1161Resale
Dec 2025Apartment31-35 109S$1,317,000 1123Resale
Sep 2025Apartment21-25 38S$600,000 1467Resale
Sep 2025Apartment11-15 104S$1,400,000 1251Resale
Sep 2025Apartment06-10 38S$650,000 1589Resale
Jun 2025Apartment31-35 109S$1,258,000 1072Resale
Jun 2025Apartment26-30 104S$1,380,000 1233Resale
Jun 2025Apartment21-25 104S$1,450,000 1295Resale
Jun 2025Apartment21-25 104S$1,400,000 1251Resale
May 2025Apartment11-15 104S$1,400,000 1251Resale
Mar 2025Apartment16-20 38S$580,000 1418Resale
Mar 2025Apartment06-10 104S$1,338,888 1196Resale
Mar 2025Apartment26-30 38S$625,000 1528Resale
Feb 2025Apartment11-15 104S$1,118,888 1000Resale
Feb 2025Apartment21-25 104S$1,400,000 1251Resale
Jan 2025Apartment06-10 104S$1,285,000 1148Resale
Dec 2024Apartment21-25 38S$700,000 1711Resale
Nov 2024Apartment21-25 38S$590,000 1442Resale
Oct 2024Apartment21-25 104S$1,200,000 1072Resale
Jul 2024Apartment16-20 43S$580,000 1253Resale

Price trend

S$800S$1,050S$1,300202120242026— median— average S$ psf2021 · S$993 average psf · 5 sales2022 · S$1,048 average psf · 8 sales2023 · S$1,170 average psf · 2 sales2024 · S$1,229 average psf · 8 sales2025 · S$1,271 average psf · 15 sales2026 · S$1,161 average psf · 1 sales2021 · S$883 median psf · 5 sales2022 · S$970 median psf · 8 sales2023 · S$1,170 median psf · 2 sales2024 · S$1,198 median psf · 8 sales2025 · S$1,251 median psf · 15 sales2026 · S$1,161 median psf · 1 salesS$1,161

This project trades ≈ 55% below the District 01 12-month median (S$ psf).

Median S$ psf is flat on the previous 12 months.

Last 12 months by type

Property typeSales Median priceMedian S$ psf
Apartment5 S$1,300,0001251

Median price by year

YearSalesMedian price
20261S$1,300,000
202515S$1,317,000
20248S$860,000
20232S$815,000
20228S$1,030,944
20215S$700,000