RPS · Resale Project Scorecard
People's Park Complex — Grade B
RPS score 6.14/10 · D01 · Boat Quay, Raffles Place, Marina · 288 units · scored across 7 weighted factors — methodology published.
99YR · SHELFORD PROPERTIES PTE LTD · TOP 2002
Solid, middle-of-the-pack project. Standout strengths: MRT access, total returns. Key weaknesses: schools, tenure.
Factor breakdown
- Project's Historical Performance25% weight
- 6/10
- Primary School Effect20% weight
- 3/10
- Project Size16% weight
- 8/10
- MRT Proximity13% weight
- 10/10
- Rental Yield10% weight
- 9/10
- Tenure10% weight
- 2/10
- Future Transformation6% weight
- 6/10
Avg Ann. of +3.48% — near-median performance within its 2002-era cohort (50th percentile).
1 primary school within 1km (CANTONMENT PRIMARY SCHOOL, 1.00km away). Adequate but narrow school optionality.
288 units — good project size supporting active resale market and adequate facilities.
90m from Chinatown Mrt Stn (NE4) — direct, walk-in MRT access. Strong commuter appeal.
Rental yield of 4.68% — exceptional income return.
99YR tenure — about 41 years remaining; severe lease decay meaningfully constrains financing, resale pool, and long-term value retention.
Moderate future-catalyst exposure — nearest meaningful driver: Prince Edward Road MRT (CC34, CCL6) at 0.78km. Some forward-looking tailwind, but the impact is more diffuse than for adjacent-zone projects.
Primary schools within 1km: Cantonment Primary School.
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The verdict· Scores updated September 2026
People's Park Complex scores 6.14 out of 10 on the TRIBE Resale Project Scorecard, Grade B, ranking 955th of 2,357 resale condos scored in Singapore and 1st of 14 in District 1 (Boat Quay, Raffles Place, Marina). Its strongest factors are MRT Proximity (10/10) and Rental Yield (9/10); its weakest is Tenure (2/10). Solid, middle-of-the-pack project. Standout strengths: MRT access, total returns. Key weaknesses: schools, tenure.
See all 14 scored condos in District 1 (Boat Quay, Raffles Place, Marina) →
RPS · Resale Project Scorecard
Recent resale transactions at People's Park Complex
12 months to September 2026 (Oct 2025 – Sep 2026): 3 resale transactions, median $1,161 psf, median price $1.30M. Median PSF is down 7.2% on the previous 12 months (Oct 2024 – Sep 2025, $1,251 psf).
| Period | Transactions | Median PSF | Median price |
|---|---|---|---|
| Oct–Dec 2025 | 1 | $1,122 psf | $1.32M |
| Jan–Mar 2026 | — | — | — |
| Apr–Jun 2026 | — | — | — |
| Jul–Sep 2026 | 2 | $1,324 psf | $994,000 |
| 12-month total | 3 | $1,161 psf | $1.30M |
Aggregates of URA REALIS resale caveats (data to September 2026). A specific unit's value depends on floor, size, facing and condition — for a unit-level read, use the Resale Price Check.
People's Park Complex: frequently asked questions
Answers generated from the scorecard data — RPS rank 955th of 2,357, scores updated September 2026.
- Is People's Park Complex a good buy in 2026?
- People's Park Complex scores 6.14/10 on the TRIBE Resale Project Scorecard (Grade B), which places it 955th of 2,357 Singapore resale condos and 1st of 14 in District 1 (Boat Quay, Raffles Place, Marina). Solid, middle-of-the-pack project. Standout strengths: MRT access, total returns. Key weaknesses: schools, tenure. RPS scores project-level demand fundamentals — not a specific unit or its asking price — so read the grade as a screen: it tells you whether the drivers of resale demand are present, and the price you pay still decides the outcome.
- What is the average PSF at People's Park Complex?
- In the 12 months to September 2026 (Oct 2025 – Sep 2026), URA REALIS records 3 resale transactions at People's Park Complex, at a median of $1,161 psf and a median price of $1.30M (range $1,122 psf to $1,486 psf). The median PSF is down 7.2% on the previous 12 months (Oct 2024 – Sep 2025, $1,251 psf). Figures are aggregates of caveats lodged with URA; a specific unit's value depends on floor, size, facing and condition.
- How far is People's Park Complex from the nearest MRT station?
- People's Park Complex is about 90m from Chinatown MRT (NE4), scoring 10/10 on the MRT Proximity factor (13% of the RPS score). Distances are straight-line, and confirmed upcoming stations are also considered.
- How does People's Park Complex compare with Emerald Garden?
- Emerald Garden is the project scored next to People's Park Complex on the District 1 ranking: 5.77 (Grade B) against People's Park Complex's 6.14 (Grade B). People's Park Complex scores higher on Rental Yield (9 vs 3) and Project's Historical Performance (6 vs 4); Emerald Garden scores higher on Tenure (2 vs 10) and Future Transformation (6 vs 7).
- Which primary schools are within 1km of People's Park Complex?
- One primary school is within 1km of People's Park Complex: Cantonment Primary School. 1 primary school within 1km (CANTONMENT PRIMARY SCHOOL, 1.00km away). Adequate but narrow school optionality. People's Park Complex scores 3/10 on the Primary School Effect factor (20% of the RPS score), which weights each school by its recent P1 ballot demand.
- What is the tenure of People's Park Complex, and how big is the project?
- People's Park Complex is 99-year leasehold, completed in 2002, has 288 units, developed by SHELFORD PROPERTIES PTE LTD. 99YR tenure — about 41 years remaining; severe lease decay meaningfully constrains financing, resale pool, and long-term value retention. 288 units — good project size supporting active resale market and adequate facilities. Tenure carries 10% of the RPS score and Project Size 16%.
Scored either side of People's Park Complex in Boat Quay, Raffles Place, Marina
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.
- Emerald GardenB5.77
- The CliftB5.47
- V On ShentonB5.47
- The Sail @ Marina BayC4.93
- One ShentonC4.92
- Robinson SuitesC4.89
See all 14 scored projects in Boat Quay, Raffles Place, Marina →
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